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Magnetic Line Trading with KiwiOz

  • #1,221
  • Nov 20, 2014 8:27pm Nov 20, 2014 8:27pm
Quoting mrcreosote
{quote} pommie = prisoner of mother england, it's a derogatory term but yes this Britain sh!thole is full of debt loving slaves Keep thinking I should emigrate.... KiwiOz, a few Qs if I may..... Are you still drawing these lines by hand? How about the 'TL_by_denmark' indie? Do you recommend Oz or Kiwiland? Thanks and good trades my man
All drawn by hand except TL by DeMark.
Oz is the place to live for climate ( if you live where I live) ( Sun sand & beach babes) & opportunities. Still miss NZ even after 25 yrs.
Money Makes Money
  • #1,222
  • Nov 20, 2014 8:28pm Nov 20, 2014 8:28pm
Quoting paddlepip
{quote} Thanks mate. To be honest I find some of the results from your MLs a bit spooky.
And when you get them right (usually in hindsight in my case ) price seems to stretch to reach them ie wick and bounce or wick and then follow through.
Good Trading
  • #1,223
  • Nov 20, 2014 8:29pm Nov 20, 2014 8:29pm
Quoting paddlepip
{quote} Thanks mate. To be honest I find some of the results from your MLs a bit spooky. Updated All ords: {image} mrcreosote: Definitely Aus: Better weather/beer and less tracksuit pants at formal functions (more thongs though.. without socks, which as a pom might make you feel a little uneasy).
Yeah they are spooky. There is a mathematical equation there somewhere but maths was never one of my strong points. Other than counting winnings.
Money Makes Money
  • #1,224
  • Nov 20, 2014 8:31pm Nov 20, 2014 8:31pm
Quoting aud
{quote} And when you get them right (usually in hindsight in my case ) price seems to stretch to reach them ie wick and bounce or wick and then follow through.
I'm always suspicious when a target is not hit. There is usually another wave to come.
Money Makes Money
  • #1,225
  • Nov 20, 2014 8:45pm Nov 20, 2014 8:45pm
Ah many thanks KO for clarifying.

Also pulled the RHS endpoint back a resistance point and 116.55 looks a bit more conservative / likely.

lol, I hear you on the maths front. I was thinking about that the other day. Definitely an equation, but also maybe some sort of psychological average of sorts? Not sure.

Either way the results certainly speak for themselves.
Corripe Cervisiam!
  • #1,226
  • Nov 20, 2014 8:58pm Nov 20, 2014 8:58pm
Sometimes the lines just say - put me here. But I really should just do what you do!

Attached Image (click to enlarge)
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Good Trading
  • #1,227
  • Nov 20, 2014 9:18pm Nov 20, 2014 9:18pm
Quoting aud
Sometimes the lines just say - put me here. But I really should just do what you do! {image}
Taking the lines off the trend line hardly ever works. Most of the time I rely on my targets being hit whilst I am asleep.
Can't say I'm happy with this UJ trade. Switching the 30m chart shows the target at 117.18.
Retracements are always tricky & should be avoided.
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Money Makes Money
  • #1,228
  • Nov 20, 2014 10:41pm Nov 20, 2014 10:41pm
Quoting KiwiOz
{quote}Can't say I'm happy with this UJ trade. Switching the 30m chart shows the target at 117.18. Retracements are always tricky & should be avoided.
Agreed, came perilously close to a self imposed exit here.

Still, will hold the fort.

Abe/Kuroda might pull something out of their naughty spot again and ruin the party (which happened last BoJ announcement for me).
Corripe Cervisiam!
  • #1,229
  • Nov 20, 2014 11:04pm Nov 20, 2014 11:04pm
Quoting KiwiOz
{quote} All drawn by hand except TL by DeMark. Oz is the place to live for climate ( if you live where I live) ( Sun sand & beach babes) & opportunities. Still miss NZ even after 25 yrs.
Yes the climate ( Sun sand & beach babes ) I like it very much
Im soo coming to Australia next year..I know I prromissed a couple of times but yes Im gonna take 10K and make the trip

Cheers
Attached Image (click to enlarge)
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Too Much Is Never Enough
  • #1,230
  • Nov 20, 2014 11:12pm Nov 20, 2014 11:12pm
Quoting Nagy Attila
{quote} Yes the climate ( Sun sand & beach babes ) I like it very much Im soo coming to Australia next year..I know I prromissed a couple of times but yes Im gonna take 10K and make the trip Cheers {image}
lol.

Do it Nagy.

Doesn't quite work like that picture, close enough though
Corripe Cervisiam!
  • #1,231
  • Nov 20, 2014 11:23pm Nov 20, 2014 11:23pm
Quoting paddlepip
{quote} lol. Do it Nagy. Doesn't quite work like that picture, close enough though
Well I dont mind the sand
Too Much Is Never Enough
  • #1,232
  • Nov 20, 2014 11:58pm Nov 20, 2014 11:58pm
Quoting Nagy Attila
{quote} Yes the climate ( Sun sand & beach babes ) I like it very much Im soo coming to Australia next year..I know I prromissed a couple of times but yes Im gonna take 10K and make the trip Cheers {image}
Love to draw some target lines on that chart...
Money Makes Money
  • #1,233
  • Nov 21, 2014 12:26am Nov 21, 2014 12:26am
Quoting KiwiOz
{quote} Love to draw some target lines on that chart...
Too Much Is Never Enough
  • #1,234
  • Nov 21, 2014 1:15am Nov 21, 2014 1:15am
Quoting Nagy Attila
{quote} Yes the climate ( Sun sand & beach babes ) I like it very much Im soo coming to Australia next year..I know I prromissed a couple of times but yes Im gonna take 10K and make the trip Cheers {image}

if you need a "sand washer -offer" I have plenty of experience....I'll even bring my own bucket.........its one job that I DON'T leave for the crew....
Trading Levels with WRBs
  • #1,235
  • Nov 22, 2014 4:29am Nov 22, 2014 4:29am
Quoting Islander
{quote} if you need a "sand washer -offer" I have plenty of experience....I'll even bring my own bucket.........its one job that I DON'T leave for the crew....
...I could be washing the boat for afar..... :nerd:
The Chonchy
  • #1,236
  • Nov 23, 2014 3:51am Nov 23, 2014 3:51am
Sure Islander, might need two hands on deck:
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Corripe Cervisiam!
  • #1,237
  • Nov 23, 2014 10:12pm Nov 23, 2014 10:12pm
.....Good luck to everybody here this coming week, many pips to all....
The Chonchy
  • #1,238
  • Nov 24, 2014 8:06am Nov 24, 2014 8:06am
Been trying out RENKO candle trading on Jaquemates' thread... http://www.forexfactory.com/showthre...513860&page=10
Well worth checking out if your interested...
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Money Makes Money
  • #1,239
  • Nov 24, 2014 10:10am Nov 24, 2014 10:10am
Quoting paddlepip
Sure Islander, might need two hands on deck: {image}
....THE reality is that he needs both hands to find it.......I have better uses for mine

@KO - I noticed you there and I also checked out Kaid's three threads and I don't see any additional benefit for all of his great hard work....
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Trading Levels with WRBs
  • #1,240
  • Nov 24, 2014 11:47am Nov 24, 2014 11:47am
Dow Jones might come down a bit before next session (which usually forces the Dax to open lower)
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