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  • #934,341
  • Nov 8, 2014 11:34pm Nov 8, 2014 11:34pm
If most are long, does it mean it will go up?
If most are short, does it mean it will go down?
What it means if number of bulls keeps on increasing as the time goes by?
What it means if number of bears keeps on increasing as the time goes by?
What it means if most traders switch their positions from short to long? or vice versa
Where can I find the information about intended profit targets of most, if most are long? or for that of shorts, if most are short?
What are the other qualities of a good information, in addition to: Relevance, Completeness, Accuracy, Timeliness, Adequacy, .............
Is this information any good?

Chicky, there are no hard and fast answers to your questions. It is just data, additional information to aid you in making your decisions to go long or short. You could say that the more people that are long/short, there are less people left to join the trade, so in some cases this data can act as a contrarian indicator i.e. the more "crowded" the trade gets, the less likely the trend is to continue as there are fewer people left to jump on the trend.

Hope this helps answer your question.
Time waits for no one
  • #934,342
  • Nov 8, 2014 11:40pm Nov 8, 2014 11:40pm
Quoting usmanumar082
Thank you very much guys.
Mi Scusi!
Excusez Moi
Kee Hoya Pra?
The Thief of Wall Street
  • #934,343
  • Nov 8, 2014 11:42pm Nov 8, 2014 11:42pm
Quoting Chicky
{quote} Mi Scusi! Excusez Moi Kee Hoya Pra?
hello chicky. do you see any bounce opportunity of euro, i.e., any drop of the dollar?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #934,344
  • Nov 8, 2014 11:43pm Nov 8, 2014 11:43pm
Quoting Chicky
{quote} Mi Scusi! Excusez Moi Kee Hoya Pra?
how about gold?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #934,345
  • Nov 8, 2014 11:47pm Nov 8, 2014 11:47pm
Quoting ffleo
{quote} hello chicky. do you see any bounce opportunity of euro, i.e., any drop of the dollar?
It is time to look for longs. There is bound to be a correction soon.
The Thief of Wall Street
  • #934,346
  • Nov 8, 2014 11:47pm Nov 8, 2014 11:47pm
anyone studied DXY chart?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #934,347
  • Nov 8, 2014 11:58pm Nov 8, 2014 11:58pm
Quoting Chicky
{quote} It is time to look for longs. There is bound to be a correction soon.
It doesn't matter to me if we see a correction or a continuation. The only thing that affects me is the speed with which things happen, faster the better. In the past we have seen Ws forming with this kind of a move. 1) It comes down fast, 2) Hangs around a little at the bottom and then a spike up, 3) A spike down followed by some consolidation, and 4) A spike up. I think this is what happened in 2007/8 crisis, but have to check when it moved further down to touch 1.1800
I think Gator would remember that, as he predicted chance of a W formation way back then, it later happened........ about 2,400 or so pips.
The Thief of Wall Street
  • #934,348
  • Nov 9, 2014 12:19am Nov 9, 2014 12:19am
Quoting Chicky
{quote} It doesn't matter to me if we see a correction or a continuation. The only thing that affects me is the speed with which things happen, faster the better. In the past we have seen Ws forming with this kind of a move. 1) It comes down fast, 2) Hangs around a little at the bottom and then a spike up, 3) A spike down followed by some consolidation, and 4) A spike up. I think this is what happened in 2007/8 crisis, but have to check when it moved further down to touch 1.1800 I think Gator would remember that, as he...
from 1.4 to 1.18 that is about 2200 pips. are we going to make a turn around 1.16??
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #934,349
  • Nov 9, 2014 12:24am Nov 9, 2014 12:24am
Quoting ffleo
{quote} from 1.4 to 1.18 that is about 2200 pips. are we going to make a turn around 1.16??
I have no idea, but see how it spiked up to 1.4700 in last quarter of 2008 from almost this current level (and current time of the year). Here's the chart. Yellow arrow is where Gator predicted a W formation. The circle shows 1.1800 that happened after W.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled1.jpg Size: 61 KB
The Thief of Wall Street
  • #934,350
  • Nov 9, 2014 12:30am Nov 9, 2014 12:30am
Quoting Chicky
{quote} It doesn't matter to me if we see a correction or a continuation. The only thing that affects me is the speed with which things happen, faster the better. In the past we have seen Ws forming with this kind of a move. 1) It comes down fast, 2) Hangs around a little at the bottom and then a spike up, 3) A spike down followed by some consolidation, and 4) A spike up. I think this is what happened in 2007/8 crisis, but have to check when it moved further down to touch 1.1800 I think Gator would remember...
the key of forbidden HG system!!!!!!
don't predict direction, but dance with flow of water
  • #934,351
  • Nov 9, 2014 12:32am Nov 9, 2014 12:32am
Quoting priceaction1
{quote} the key of forbidden HG system!!!!!!
............or maybe i was referring to premature ejaculation ......................... but no, you are right. I make money whenever it moves fast, no matter which direction and don't lose when it consolidates.
The Thief of Wall Street
  • #934,352
  • Nov 9, 2014 12:43am Nov 9, 2014 12:43am
Quoting Chicky
{quote} ............or maybe i was referring to premature ejaculation ......................... but no, you are right. I make money whenever it moves fast, no matter which direction and don't lose when it consolidates.
You are so close to HG. Check GCI. You can place a pending order when markets are closed. They open one hour late than most brokers. If there is a week-end gap with other brokers, place a pending order. When they open, open with a spike, triggering your pending order on the way. Their spreads are also fixed. Wait for the next week-end gap and keep on adding to your fortune.
The Thief of Wall Street
  • #934,353
  • Nov 9, 2014 12:46am Nov 9, 2014 12:46am
If we discus 2008-2009. it was some thing unusual. if we have some other unusual event than we can see same behavior, but the direction will be not known, for me the durgi action at 1.3990 area was unusual. since than we see 1.2350. the BOJ action was unusual too.
don't predict direction, but dance with flow of water
  • #934,354
  • Nov 9, 2014 12:52am Nov 9, 2014 12:52am
German central bank BUBA is not agree with Durgi action I suppose to be. it is hard to spend life with 4 wives, so image 17 wives at a time
don't predict direction, but dance with flow of water
  • #934,355
  • Nov 9, 2014 12:54am Nov 9, 2014 12:54am
Quoting priceaction1
If we discus 2008-2009. it was some thing unusual. if we have some other unusual event than we can see same behavior, but the direction will be not known, for me the durgi action at 1.3990 area was unusual. since than we see 1.2350. the BOJ action was unusual too.
The intensity/impact of those events was much stronger than what is happening today. Therefore, I see no valid reason for it to fall that much in this short period of time. Maybe it has come to this level only because it is a historic level. This kind of parity distortion cannot survive for long. Sooner or later, it has to show a good retrace.

At that time, USD appreciated because sky was falling. But today, sky will fall if USD keeps on appreciating like this.
The Thief of Wall Street
  • #934,356
  • Nov 9, 2014 12:57am Nov 9, 2014 12:57am
Quoting Chicky
{quote} ............or maybe i was referring to premature ejaculation ......................... but no, you are right. I make money whenever it moves fast, no matter which direction and don't lose when it consolidates.
yah in this AGE one can!!!!!

did you know the story'' main tay sekuat ey laney ay' I have to complain i.e old man young couple green filed etc.
don't predict direction, but dance with flow of water
  • #934,357
  • Nov 9, 2014 12:57am Nov 9, 2014 12:57am
Quoting Chicky
{quote} The intensity/impact of those events was much stronger than what is happening today. Therefore, I see no valid reason for it to fall that much in this short period of time. Maybe it has come to this level only because it is a historic level. This kind of parity distortion cannot survive for long. Sooner or later, it has to show a good retrace.
it might drop to 1.2 or 1.19 before a reversal. But It likely may have a bounce before directly dropping to 1.2 level
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #934,358
  • Nov 9, 2014 1:00am Nov 9, 2014 1:00am
Quoting ffleo
{quote} it might drop to 1.2 or 1.19 before a reversal. But It likely may have a bounce before directly dropping to 1.2 level
http://www.forexfactory.com/showthre...73#post7856873
The Thief of Wall Street
  • #934,359
  • Nov 9, 2014 1:07am Nov 9, 2014 1:07am
Quoting Chicky
{quote} The intensity/impact of those events was much stronger than what is happening today. Therefore, I see no valid reason for it to fall that much in this short period of time. Maybe it has come to this level only because it is a historic level. This kind of parity distortion cannot survive for long. Sooner or later, it has to show a good retrace. At that time, USD appreciated because sky was falling. But today, sky will fall if USD keeps on appreciating like this.
For me this is nothing 1.2500 was cut like a butter slice no round number no historical level, though price offer some predictable behavior at certain point. but it is not any fix point it can be at any point but just what i want to see is a some formation and behavior of price. I see same thing in Friday. though miss the move. that's why I need some trading management program
don't predict direction, but dance with flow of water
  • #934,360
  • Nov 9, 2014 1:09am Nov 9, 2014 1:09am
Quoting Chicky
{quote} http://www.forexfactory.com/showthre...73#post7856873
the dollar very likely go to 90 or 91, that put euro at 1.2 or 1.19

Attached Image (click to enlarge)
Click to Enlarge Name: DXY_400.png Size: 896 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
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