{quote} GJ...says bullsI dont know ...why thin range so far play for this week (might be holiday for US)...compared with last week {image}
While knowledge speak up, the wisdom listen down
- #1,441
- Nov 29, 2014 1:58am Nov 29, 2014 1:58am
- | Commercial User | Joined Aug 2014 | 1,024 Posts
- #1,442
- Nov 29, 2014 2:51am Nov 29, 2014 2:51am
- | Commercial User | Joined Aug 2014 | 1,024 Posts
{quote} Yeah well thats one of the problem, i dont have an strategy yet, im paying more attention watching where the things goes before makes an strategy, btw patron what broker are u using?
Happy weekend
While knowledge speak up, the wisdom listen down
- #1,443
- Nov 29, 2014 12:39pm Nov 29, 2014 12:39pm
- | Commercial User | Joined Aug 2014 | 1,024 Posts
Well...next monday is the first monday of December ....and the best time to scale things down...as for me the trading is just like journey in the desert....xo xo xo.
The best combination between knowing our own need and knowing the market want...
and for me, the best relationship with market is...market never ever angry when we take advantage on our relationship with (market)...market never angry when i condemn ....market will always move dont care what i feel or did or think
So, market is more than just the best friend.....
The best combination between knowing our own need and knowing the market want...
and for me, the best relationship with market is...market never ever angry when we take advantage on our relationship with (market)...market never angry when i condemn ....market will always move dont care what i feel or did or think
So, market is more than just the best friend.....
While knowledge speak up, the wisdom listen down
- #1,444
- Nov 29, 2014 2:56pm Nov 29, 2014 2:56pm
- | Commercial User | Joined Aug 2014 | 1,024 Posts
While knowledge speak up, the wisdom listen down
- #1,445
- Edited 11:51pm Nov 29, 2014 11:37pm | Edited 11:51pm
- | Joined May 2014 | Status: Trader | 2,733 Posts
EU...monday will show the way {image} {image} {image} {image} {image} {image} {image}
Sam30, thanks for your technical analysis. Everything indicates that the EURUSD remains bearish, monthly TF.
From there on lower TFs, you begin to appreciate an exhaustion of bears.
Attached probable weekly chartist image, where there would still be a small space to continue falling. But that does not mean that goes down directly, not even mean it will reach the base of the triangle.
The triangle is a drawing to guide us, nothing more.
Therefore, taking advantage of that book that I upload on wave analysis, would complete, unbeatable technical analysis of Sam30 with my particular wave analysis.
Let's see if I get to the next post, that you'll understand if you've read...
The book is here ...
Donde hay Patron no manda Marinero
- #1,446
- Edited 1:28am Nov 30, 2014 12:45am | Edited 1:28am
- | Joined May 2014 | Status: Trader | 2,733 Posts
{quote} EURUSD Sam30, thanks for your technical analysis. Everything indicates that the EURUSD remains bearish, monthly TF. From there on lower TFs, you begin to appreciate an exhaustion of bears. Attached probable weekly chartist image, where there would still be a small space to continue falling. But that does not mean that goes down directly, not even mean it will reach the base of the triangle. The triangle is a drawing to guide us, nothing more. Therefore, taking advantage of that book that I upload on wave analysis, would complete, unbeatable...
Those who have read the book will understand better what I think.
In my opinion there are clear signs of exhaustion. However, there are still no clear signs of reversal.
How to act in these cases? I'll tell you what I would do. If I take short, will be in small TF, with stoplosss tight enough. While taking long, it seems premature. The market give reasonable notice, for us to see.
When the market is turned upside target will be 1.28000 -1.2880. We are at 1.2450, so plenty of space to work quietly.
I would like to see the analysis of other persons, other pairs ... I'm here to share my vision of the market, but I am no signal provider.
Donde hay Patron no manda Marinero
- #1,447
- Nov 30, 2014 1:37am Nov 30, 2014 1:37am
- | Commercial User | Joined Aug 2014 | 1,024 Posts
Well...next monday is the first monday of December ....and the best time to scale things down...as for me the trading is just like journey in the desert....xo xo xo. The best combination between knowing our own need and knowing the market want... and for me, the best relationship with market is...market never ever angry when we take advantage on our relationship with (market)...market never angry when i condemn ....market will always move dont care what i feel or did or think
the video on how entertainer knowing what he want and what audience wanted too....
Inserted Video
While knowledge speak up, the wisdom listen down
- #1,448
- Nov 30, 2014 4:24am Nov 30, 2014 4:24am
- | Joined May 2014 | Status: Trader | 2,733 Posts
{quote} Market still not open yet.... the video on how entertainer knowing what he want and what audience wanted too....
Donde hay Patron no manda Marinero
- #1,449
- Nov 30, 2014 4:39am Nov 30, 2014 4:39am
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
- #1,450
- Nov 30, 2014 4:52am Nov 30, 2014 4:52am
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
- #1,451
- Nov 30, 2014 4:55am Nov 30, 2014 4:55am
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
- #1,452
- Nov 30, 2014 5:31am Nov 30, 2014 5:31am
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
- #1,453
- Nov 30, 2014 7:04am Nov 30, 2014 7:04am
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
- #1,454
- Nov 30, 2014 11:17am Nov 30, 2014 11:17am
- | Commercial User | Joined Aug 2014 | 1,024 Posts
Hi, Patron
Just joke......Seem only we enjoy the dance in the stage....(without towel in this thread)
Now, this is serious one...talking about EU and here is my view in short.
1. i agree with you there is sign of exhaust for more bear(mean bull sign waiting), i agree with the potentially divergence in daily candle, i agree with the 5th wave structure (complete) and i agree there still no sign of reversal yet. Thanks for your great analysis and brain storming here
2. based on Risk Reward Ratio (RRR) ...if we are no open position yet and if we are long term trader we better BETTING Long and hold...referred to building LONG....But as we dont know what the price will move next (refered to WHEN) ....i still seeing posibility to more bear as big as to move bull (right now).
3.What i believe when i seeing the market....i am trying to think "no box" there instead of inside or outside the box....by using term "content" and "context"....what i see now...yes i agree EU should move up based "content" but what i see based "context"...it should move more down.
4.This is not to prove anything or who is right business...as the summary and as always... i will buy your idea when PA indicate and system support the move up BUT i will sell IF the PA and system indicate what i believe.....
My asumptions are below:
Just joke......Seem only we enjoy the dance in the stage....(without towel in this thread)
Now, this is serious one...talking about EU and here is my view in short.
1. i agree with you there is sign of exhaust for more bear(mean bull sign waiting), i agree with the potentially divergence in daily candle, i agree with the 5th wave structure (complete) and i agree there still no sign of reversal yet. Thanks for your great analysis and brain storming here
2. based on Risk Reward Ratio (RRR) ...if we are no open position yet and if we are long term trader we better BETTING Long and hold...referred to building LONG....But as we dont know what the price will move next (refered to WHEN) ....i still seeing posibility to more bear as big as to move bull (right now).
3.What i believe when i seeing the market....i am trying to think "no box" there instead of inside or outside the box....by using term "content" and "context"....what i see now...yes i agree EU should move up based "content" but what i see based "context"...it should move more down.
4.This is not to prove anything or who is right business...as the summary and as always... i will buy your idea when PA indicate and system support the move up BUT i will sell IF the PA and system indicate what i believe.....
My asumptions are below:
- WHAT I think now on EU....Market know there are many retail traders still (my asumption) long trapped in the area 127000 and above level so market keep price below 126000...and this is the psycho game for bulls.
- With the rejected from 12350 (now price around 12450) only 100 pips and we have drop more than 1000 pips(from level 135000 not 139000). So easy to more down.
- The target for more BEAR around 122xxx tp 122000 level. What i expect in December...there is record for yearly low, there is a stink for BUYERS. What the move could move up first or direct down...depend on what way market want to move down.
and as always...market will show the way.
Tq
While knowledge speak up, the wisdom listen down
- #1,455
- Nov 30, 2014 1:30pm Nov 30, 2014 1:30pm
- | Joined May 2014 | Status: Trader | 2,733 Posts
Hi, Patron Just joke......Seem only we enjoy the dance in the stage....(without towel in this thread)
I agree with all the reasoning you develop in your publication.
In my message, just warned that the bears were cautious.
No reverse confirmed yet. We do not know if the price will return to double bottom (1.2358), or fall to 1.2200.
Look at all the wave, since it began in July. It is the first time the price threatens to draw a reverse pattern.
Intraday trader should have no problem, as he should continue using the stop loss requiring their entries.
The global analysis will give more confidence to execute their trades.
The term "building long", used in Sonic R. system, is an excuse to justify their entries and drawdown. But is not correct for a retail trader.
A retail trader does not need to build positions, as huge and as liquid market, which easily absorb our transactions without the market moves.
As intraday trader, it seems unwise to leave running losses, but know that the overall analysis tells me that there will be a reverse, but when ?. Anyway here goes capital management and risk and tolerance of each trader. But I would not call this "building .." but a mistake that I hope will be soon amended.
Financial institutions and banks, however, need to slowly build their positions because they have to fill out a huge amount of orders. And if they did not do this slowly, carefully, the price would go against their own interests.
For them, it is right the term "building ..." because do it on purpose, so as not market moving against them, and keep prices low or high, according to their needs.
Donde hay Patron no manda Marinero
- #1,456
- Nov 30, 2014 10:40pm Nov 30, 2014 10:40pm
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
- #1,457
- Nov 30, 2014 11:08pm Nov 30, 2014 11:08pm
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
- #1,458
- Nov 30, 2014 11:24pm Nov 30, 2014 11:24pm
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
- #1,459
- Nov 30, 2014 11:38pm Nov 30, 2014 11:38pm
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
