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  • #926,561
  • Sep 28, 2014 3:11pm Sep 28, 2014 3:11pm
Quoting Quickiepip
We are going lower before any bounce... which is fine with me... I'm just going to sit here and wait for the breakout..... There will only be a 60 to 100 pip bounce, and it won't be from here it will be from 1.2620-1.2630...from what my charts tell me.... 2720-40 maybe??? We all looking for a better place to short from...because it's been made quite clear that this isn't the bottom...
Not today...not after market open during asian session. Expect a bull after the market bottoms during the first few hours.
Everyone can see the chart, but only a few can actually read it.
  • #926,562
  • Sep 28, 2014 3:39pm Sep 28, 2014 3:39pm
Quoting Chicky
{quote} Let me clarify that the only one who trades in millions here is me. Therefore he was referring to me. Trend is your friend, is a myth, a trading myth. There was a guy here on FF few years ago who was a great trend follower. He turned his $3,000 into more than a million. I think from 2006 to 2009, or so. Then there was a news that he was in red maybe because the trend turned against him. He used to charge $700 fee per client for letting them know about his live trades, teaching lessons, cost of e-mails, etc. Then he created...

What ? what a disgrace to all the traders here.
  • #926,563
  • Sep 28, 2014 3:57pm Sep 28, 2014 3:57pm
Any suggestion how to backtest a system? Thank you in advance.
  • #926,564
  • Edited 4:53pm Sep 28, 2014 4:29pm | Edited 4:53pm
Quoting LarryDarrell
{quote} Wow. I think I just understood a new thing, thank you.. But 2718 only after a break of 2673/new LL, right? What exactly do you mean with 'tweaking'? Moving 2673 to the new LL? And the other thing (cutting), sounds unpleasant. Hope you are well.
at the time i could only speculate 2673.. early on the normal of speculation was 2914 before 2673.. 29xx didn't allow 2914. i dont know if it will bounce at 2673 or even the st lower target of 2653 both may have slippage. if its 2673 then 2719 may allow a chance to enter. keep in mind since 3992.. few bounces are near normal size.. we dont have to bounce.
those who can, do. those who cant, talk about those who can
  • #926,565
  • Sep 28, 2014 4:30pm Sep 28, 2014 4:30pm
GBPUSD
New setup.
I am looking to buy this pair at 1.6180, .786 Ret Daily chart + Weekly S1 + Daily S2 for a move to 1.67 area and Monthly Pivot, by that time it will be new Monthly pivot. This is ABCD and could even become a Bfly Sell slightly higher.
If prices breaks .786 Ret I will be out and wait for 50% Ret Monthly + yearly pivot.
Attached Image (click to enlarge)
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We watch the charts from every angle so you don't have to!!
  • #926,566
  • Sep 28, 2014 4:34pm Sep 28, 2014 4:34pm
Quoting OnlineAddict
{quote} Not today...not after market open during asian session. Expect a bull after the market bottoms during the first few hours.
OnlineAddict... you are insightful... what's the bottom??? my bottom is 1.22xx--down to 1.20xx there hasn't be one over 100 pip run in a bull direction for some time... we are going lower from now in a few hours once price breaks 1.2676 50 pip drop at least...
I'll pick up the crumbs don't need the whole pie
  • #926,567
  • Sep 28, 2014 4:54pm Sep 28, 2014 4:54pm
I assure you all we will not see under 1.21 at least for next 10 years (if EU wont collapse and break up)..

Date 28.09.2014 22:40 London time.

Well I will keep this post for next years and I will show it.

If we do everybody, have the beers on me!

Well I remember these same speculations made 2 years ago and 4 years ago.. Euro will be 1.17 euro will be 1.12 bla bla. Just open the pages 2 years ago in this thread (post) and see yourself. History all repeating. We were speaking exactly same words with same numbers 2 years ago and it hit to 1.40s after.

The euro is going down because EU wants it in that way not because of you or bloody graphics wanted (Mr Draghi hinted on july and believe me it will stop when they want).
Its not an advice and sorry for grammar.
  • #926,568
  • Sep 28, 2014 4:56pm Sep 28, 2014 4:56pm
Quoting pedro319
{quote} EURUSD Long term trend is clear and two days remaining to confirm 3 Black Crows pattern Monthly chart. Price usually gravitates towards harmonic targets, the only place I expect some significant bounce is 1.2190 (explained on previous post), before that only 1.2328, yearly pivot support 2. Meanwhile will look where best to add shorts. {image}
...some guys started longing at 1.3x, so this strech will not resiste soo low ! -(
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  • #926,569
  • Sep 28, 2014 4:59pm Sep 28, 2014 4:59pm
Quoting Chicky
Let me clarify that the only one who trades in millions here is me. Therefore he was referring to me. Trend is your friend, is a myth, a trading myth. There was a guy here on FF few years ago who was a great trend follower. He turned his $3,000 into more than a million. I think from 2006 to 2009, or so. Then there was a news that he was in red maybe because the trend turned against him. He used to charge $700 fee per client for letting them know about his live trades, teaching lessons, cost of e-mails, etc. Then he created a fund guaranteed...
Wow Chicky, you're so good... you trade in the millions. Do you want a popsicle? Or maybe a cookie??

I don't care for your story about what one trend follower did and how he may have -- or may not have -- made a fortune and then lost a fortune. It's irrelevant and meaningless. He was very clearly not a good trader. And I would expect you to know better than that... being a trader who trades in the millions and all.

I am shocked that someone who claims to be as proficient of a trader as you would dismiss the fact that "the trend is your friend." It is NOT a myth, it is a fact, and if you don't or can't understand that, then you don't deserve the money that you have.

Quoting ericnyamu
What ? What a disgrace to all the traders here.
I don't even know who this ericnyamu guy is, but I'd almost rather be friends with him than with you... being as how you are so completely ignorant and cocky, two of the worst attributes any trader could possibly have.

I honestly don't care if and/or how you respond to this message. You have already proven your ignorance and I'm sure this won't be the end of it.

I will not bother with you any longer, and I have unsubscribed from you until the end of time.

PS: Good traders don't let a position (especially a swing/position trader) that is 4 pips away from their TP turn into a loss. NEVER!
Please check out my blog at https://from-zero-to-hero . net
  • #926,570
  • Sep 28, 2014 5:08pm Sep 28, 2014 5:08pm
Quoting smash1820
{quote} Wow Chicky, you're so good... you trade in the millions. Do you want a popsicle? Or maybe a cookie?? I don't care for your story about what one trend follower did and how he may have -- or may not have -- made a fortune and then lost a fortune. It's irrelevant and meaningless. He was very clearly not a good trader. And I would expect you to know better than that... being a trader who trades in the millions and all. I am shocked that someone who claims to be as proficient of a trader as you would dismiss the fact that "the...
Revisit when your friend kicks you in the .................................. It's only a matter of time before you realize that the only fact in this market is that it moves up and down and nothing else.
The Thief of Wall Street
  • #926,571
  • Sep 28, 2014 5:25pm Sep 28, 2014 5:25pm
Quoting OnlineAddict
{quote} Just showing the first direction...I will open my first short between 2720-40, but once 2765 is broken, there won't be any shorts for me until 2830-60.
please will this market hit 2730 before going short?
  • #926,572
  • Sep 28, 2014 5:27pm Sep 28, 2014 5:27pm
Quoting Miguel.N
{quote}...some guys started longing at 1.3x, so this strech will not resiste soo low ! -( {image}
As long they haven't married any positions and cut their losses soon, it was just trading, hopefully based on some indications. Anyway, does that make you feel good??
We watch the charts from every angle so you don't have to!!
  • #926,573
  • Sep 28, 2014 5:30pm Sep 28, 2014 5:30pm
Quoting oundar
whoever speaks about 1.20 are dreamers. There is no Greek election fears they will fallow EU orders step by step. The fear is Spain now.But they have more source then Greece. Today's range would be 1.2530-1.2590.There is no news ahead nor bad expectation for today. Long term graphics are showing up trend. We musnt poison traders mind. (not an advice and sorry for grammar)
low after 2043..500 pips is 500 pips. never say never
those who can, do. those who cant, talk about those who can
  • #926,574
  • Sep 28, 2014 5:35pm Sep 28, 2014 5:35pm
This looks like it might kick off soon...2676... will bring 6-15 pips..... 2662 or so..The more views about the PA the better in my books... good or bad I will read them all and weed out what I don't like. I've gotten great info from this thread we all are on the same page... to make money... me making doesn't stop you from making there is no competition.... we all along for the ride on the back of big brother. Let them make their trillions, I will settle for a few thousand here and there
I'll pick up the crumbs don't need the whole pie
  • #926,575
  • Sep 28, 2014 5:37pm Sep 28, 2014 5:37pm
Quoting oundar
whoever speaks about 1.20 are dreamers. There is no Greek election fears they will fallow EU orders step by step. The fear is Spain now.But they have more source then Greece. Today's range would be 1.2530-1.2590.There is no news ahead nor bad expectation for today. Long term graphics are showing up trend. We musnt poison traders mind. (not an advice and sorry for grammar)
Is this trend a friend of yours?
The Thief of Wall Street
  • #926,576
  • Sep 28, 2014 5:39pm Sep 28, 2014 5:39pm
what just happened ?
  • #926,577
  • Sep 28, 2014 5:39pm Sep 28, 2014 5:39pm
2 weeks ago it closed on a low. it dropped 150 ish to end last week to close near another low. this open is below 2802..
those who can, do. those who cant, talk about those who can
  • #926,578
  • Sep 28, 2014 5:43pm Sep 28, 2014 5:43pm
Quoting rootkit
what just happened ?
40 years. pre opec, and asian trade balance..
those who can, do. those who cant, talk about those who can
  • #926,579
  • Sep 28, 2014 5:48pm Sep 28, 2014 5:48pm
Quoting Quickiepip
{quote} OnlineAddict... you are insightful... what's the bottom??? my bottom is 1.22xx--down to 1.20xx there hasn't be one over 100 pip run in a bull direction for some time... we are going lower from now in a few hours once price breaks 1.2676 50 pip drop at least...
I mean today's bottom, we won't go 50 pips lower within the next few hours, I would bet anything on that. Asians are bottoming, once they are done, EU will go up the rest of the session.
Everyone can see the chart, but only a few can actually read it.
  • #926,580
  • Sep 28, 2014 5:55pm Sep 28, 2014 5:55pm
https://www.google.com/search?q=capi...lation&spell=1
those who can, do. those who cant, talk about those who can
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