{quote} Yes. My thoughts are that there's never been a better candidate for my ignore list. So while you continue to nag like you're our mother, I'm going to post whatever I well please until told otherwise by FF administration. They are in charge here, not you. I'm done, bye.
{quote} Chicky you're far too kind.And I'm sure he is - but that's no excuse for his annoying behavior. I resent his attitude that he is king of this thread and can tell everybody else what we can and cannot do when Twee has never had a problem with the culture we've built here that helps make trading a less boring pursuit. I've tried to be reasonable with him. I've suggested things that would solve his OCD. But for him, it's "my way or the highway," despite the fact that numerous frequent posters here have told him off. If he had it his way...
{quote} I am not sure how Kuroda's speech would impact the market, nor interested in what he says because I am just an arbitage trader. However, based on my limited experience of this market can say that it is highly probable that eur/usd may go further down. I have noticed in the past that if it wants to bounce from a level, it bounces very quick but if it hangs around a level for long, normally breaks that level. I made a post yesterday or maybe day before yesterday after checking certain levels. They indicated a possible continuation of bull...
How do you carry out arbitrages and these opportunities really do exist?{quote} Arbitrage trader? I have always wanted to learn how to carry out arbitrage. I have studied that in school but I have seen it done irl. All I know is you have to be extremely well-capitaled and have to be very quick because arbitrage opps. are very scarce due to the transparency of information. That's all I learned from the books.
{quote} Let me explain what I mean when I use the word Arbitage. I learned English only about 10 years ago but before that used to read translations of English books. In 1978 I read a translation of a book by Dale Carnegie, in which he mentioned about a person who never lost in stock market. That guy used a very simple method. Buy and hold, sell it if it goes 5 points up or 5 points down. I wait for the market to hit a major support/resistance. 7 out of 10 times, it bounces off from that s/r, no matter where it wants to go, up or down. I estimate...
That's why I have been relying on indicators + PA and just use S/R levels as reference. I am going to check out Dale Carnegie.
{quote} Oh I see. I like that method. I guess the key to this method is find the correct S/R. There are many S/R levels existing. How do you find which are the significant ones? And many times I find the PA bounce off those S/R levels when I am sleeping and I can't really take advantage of them.
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Well... I dont know, where and until what level the price is going to.. but, i try to map what have price done in the past. And here's my map: Legend: - Lemon --> Yesterday High/Low - Magenta --> Last Week High/Low - Aqua --> Last Month High/Low - Chocolate --> 3 Month Ago High/Low -Stripped Line --> Median I opened an buy, scalp position (it was a bad enter
{quote} Ah no ammunition from the Kurado speech. Well if your analysis includes how you think Mr. Putin's action will affect the EURUSD pair then it belongs to this thread. If not, then it belongs to the "General Discussion" thread.
{quote} Weekly opens, closes, highs and lows should be enough to provide you bread and butter for rest of your life provided you keep your position sizes small. No need to check Dale, you already got what was there in his book.
