{quote} I have problems seeng the development of the euro with this chart? And as you are from Greece you know that nothing is ok in Europe. It is hardly improving.
People wont learn to post analysis in forums not "I think its down/up!"
- #903,322
- Jun 7, 2014 2:16pm Jun 7, 2014 2:16pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #903,324
- Jun 7, 2014 4:09pm Jun 7, 2014 4:09pm
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #903,325
- Jun 7, 2014 4:09pm Jun 7, 2014 4:09pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #903,326
- Jun 7, 2014 4:12pm Jun 7, 2014 4:12pm
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} Absolutely no offense meant here. Everyone has, and is entitled to their view but.......... That one cracks me up! ...
Wherever you go, there you are.
- #903,327
- Jun 7, 2014 4:13pm Jun 7, 2014 4:13pm
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #903,328
- Jun 7, 2014 4:20pm Jun 7, 2014 4:20pm
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} Same ol. same ol, you could trade pivots - they work price stick to them you could trade Ma's - they work price stick to them you could trade Sup/demand(which is pivots in most cases) - they work price stick to them you could trade relation between markets(previous asia close vs us open/close) - they work price stick to them Doesn't matter, don't be blind - have an open mind and do not say things like that, I could pull at least three fibo trades just from this year and most happened when everybody was talking trash in the threads People...
I believe they are just and illusion and I consider them less then cabbage...because at least cabbage you can eat them.....
Now guys if you do not mind I like to move on from this fibonacci business, I can see I have upset a few "believer". Larry it is all your fault....next one is City of Messico 1970, you were probably not even born then:
Larry more facts no illusions:
Inserted Video
Still love ya
Wherever you go, there you are.
- #903,329
- Jun 7, 2014 4:27pm Jun 7, 2014 4:27pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} well, it is your call.....I leave it to you......In my experience there are more efficient way.......beside I was getting back to my buddy about facts in football.
And it's fine. Not everyone can see the simple beauty of them with regards to trading. I would however be most interested in this "more efficient way" though. I'm always willing and open to learning new things.
Ghost Rider - WWTBMD?
- #903,330
- Jun 7, 2014 5:01pm Jun 7, 2014 5:01pm
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} Well I must admit buddy I didn't read the post by Larry you replied to. I would have no idea how a fib may be used for football unless you had a chart for whatever stats you were looking at. Not sure it would even apply then. Forgive me. This being a trading form and all, and seeing the word Fibonacci followed by your comment, well.... you can understand my first thought.
) post confirms my theory......In an absence of facts (Germany never won a game against Italy in any wold cup final) is prepared to search for an illusion to find some relieve to his anxiety........
But in reality all trends need to retrace or extend, it is just the nature of the market or any form of life, if they do not respond to one level they will respond to another, why? The reasons are various, in my view one has better chances in investing time in something more reliable (PA, patterns, structures, classic TA, the understanding of ourself and most important understanding the real battle (which is very difficult) that goes on the chart and take advantages of it and no invest time on something that is easy to interpret......To became a great trader, there is only one way, to work hard... my view.
Wherever you go, there you are.
- #903,332
- Jun 7, 2014 5:12pm Jun 7, 2014 5:12pm
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} Vachus, I think you suffer from the same misunderstanding that a lot of people have: his trading style isn't about being right or wrong, it's about probabilities. The technical analysis indicates certain targets and thus high probability trades if something else doesn't happen. The arguments about fundamental trends (energy, etc) are mostly oberservations which (as far as I see) don't influence the technical trading or targets much, if at all. If you read Gatorinla's posts you will acutally know what the answer to this 'challenge' should...
Wherever you go, there you are.
- #903,333
- Jun 7, 2014 5:20pm Jun 7, 2014 5:20pm
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #903,335
- Jun 7, 2014 5:40pm Jun 7, 2014 5:40pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} if they do not respond to one level they will respond to another, why? The reasons are various, in my view one has better chances in investing time in something more reliable (PA, patterns, structures, classic TA, the understanding of ourself and most important understanding the real battle (which is very difficult) that goes on the chart and take advantages of it .........To became a great trader, there is only one way.... to work hard... my view.
As my sig would suggest, SR & PA are the foundation. The "battle on the charts" is actually a touch easier (to me) than the battle within each bar (regardless of TF) that goes on. In my humble view, understanding that is to understand the actual "structure" of PA and thus be able to determine who won each battle. Aside from the obvious SR levels on any chart, Fibs are a great way (again to me) to simply determine the levels or zones you speak of in the first line above and, in advance based on ratios. Understanding price "structure" at those levels is the key to making a more informed decision when they are reached.But I thought you had a "more efficient way" of answering your first line above. You say "they will respond to one level OR another and the reasons are various". Isn't finding out which one is most likely the right one (ahead of time as much as possible) the very name of this game? If you have a better way to do that (and I'm sure some must exist), I'm all ears.
You see, I have two things I'm always looking for. 1) Something more than "better chances" 2) I always seek to work smarter, not harder.
Ghost Rider - WWTBMD?
- #903,336
- Jun 7, 2014 5:48pm Jun 7, 2014 5:48pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote} I know you're just making fun here infinitus. (I'd use your real name but don't know if you'd care for that?) Oh yes, I watch you surf your waves in the club and have great respect for the way you do it.
- #903,338
- Jun 7, 2014 5:51pm Jun 7, 2014 5:51pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote} Great graphics (and wave counts) you are having there in your"Club". Will visit you more often (and will read this Swannell pdf, thanks for it). Schöne Pfingsten
Dir auch schöne Pfingsten
- #903,340
- Jun 7, 2014 5:58pm Jun 7, 2014 5:58pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote}
.... ..... Ghost Rider - WWTBMD?