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  • #948,601
  • Jan 8, 2015 7:54am Jan 8, 2015 7:54am
Quoting janpec1000
{quote} And i love the indoctrination of traders that believe anything bellow h1 doesnt work.
and i love how some traders here talk about m5 like its the kings jewels of "precision and accuracy", until news hits them in the face, then perhaps they'll realise they should learn to look at the bigger picture instead.

we have a saying in Chinese.
井底之蛙
a frog at the bottom of a well can only see a limited view of the sky with their tunneled vision.
when the world came to an end, they wont know what hit them... all they saw was the beautiful sky thinking all is bright and beautiful.

thats how i see M5 traders.
end of story.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #948,602
  • Jan 8, 2015 8:00am Jan 8, 2015 8:00am
Quoting fxtyrant
{quote} and i love how some traders here talk about m5 like its the kings jewels of precision and accuracy, until news hits them in the face, then perhaps they'll realise they should learn to look at the bigger picture instead. we have a saying in Chinese. 井底之蛙 a frog at the bottom of a well can only see a limited view of the sky with their tunneled vision. when the world came to an end, they wont know what hit them... all they saw was the beautiful sky thinking all is bright and beautiful. thats how i see M5 traders....
M5 too many NoisyFor day trade, I think is OK to look at M5 But don't tell me oh double bottom, Cus minutely chat can have many bottom...So happy can see some Chinese here
  • #948,603
  • Jan 8, 2015 8:00am Jan 8, 2015 8:00am
Quoting fxtyrant
when the world came to an end, they wont know what hit them... all they saw was the beautiful sky thinking all is bright and beautiful.
Sounds like an absolutely wonderful way to die
used to be undecided but nowadays can't make my mind up
  • #948,604
  • Jan 8, 2015 8:02am Jan 8, 2015 8:02am
Quoting fxtyrant
{quote} and i love how some traders here talk about m5 like its the kings jewels of precision and accuracy, until news hits them in the face, then perhaps they'll realise they should learn to look at the bigger picture instead. we have a saying in Chinese. 井底之蛙 a frog at the bottom of a well can only see a limited view of the sky with their tunneled vision. when the world came to an end, they wont know what hit them... all they saw was the beautiful sky thinking all is bright and beautiful. thats how i see M5 traders....
Well you obviously dont know how scalping works then. What you said makes absolutely no sense. For news there is news calendar, those news that are impactful enough are listed. What you did in your analysis is what you do every time i hear you reply regarding strategies: you simply look it from your own trading perspective, h4 trend trader and think that if your strategy cannot apply concept to it , it cant work. And i wont even go into, that i am always pulling analysis from all TFs, i am not just scalper i trader all TFs, so simply becouse this view was pulled from m5 it doesnt mean my whole view is, and if my action is pulled from m5 , my risk is not yours, i dont use same SL perspective like you with very large h4 stops, if i scalp.
  • #948,605
  • Jan 8, 2015 8:03am Jan 8, 2015 8:03am
Quoting Pharm0r
Have a running short from 1779....waiting to pull 1/4 off @ 20 pips and let the rest ride.. {image}
Pulled out with +1 pip after the HH
  • #948,606
  • Jan 8, 2015 8:03am Jan 8, 2015 8:03am
Quoting mrcreosote
{quote} Sounds like an absolutely wonderful way to die
indeed.... but still death none the less. who knows humans might've migrated to space by then??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #948,607
  • Jan 8, 2015 8:04am Jan 8, 2015 8:04am
Quoting janpec1000
{quote} Well you obviously dont know how scalping works then. What you said makes absolutely no sense. For news there is news calendar, those news that are impactful enough are listed. What you did in your analysis is what you do every time i hear you reply regarding strategies: you simply look it from your own trading perspective, h4 trend trader and think that if your strategy cannot apply concept to it , it cant work. And i wont even go into, that i am always pulling analysis from all TFs, i am not just scalper i trader all TFs, so simply becouse...
why the effort to explain me what scalping is when i dont give a crap about it??
Inserted Video
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #948,608
  • Jan 8, 2015 8:05am Jan 8, 2015 8:05am
big players catch only a big moves. nobody wants hearth attack from scalping nervous ****
"I'm not answering stupid questions."
  • #948,609
  • Jan 8, 2015 8:06am Jan 8, 2015 8:06am
Quoting Malchi
big players catch only a big moves. nobody wants hearth attack from scalping nervous ****
Big players don't have a choice
  • #948,610
  • Jan 8, 2015 8:09am Jan 8, 2015 8:09am
I want just ask someone how to learn when trend is going to reverse ... if its just fundamental think on eur/usd ... or others technical price action candles .. like double bottom or 123 pattern .. because i saw so many times this patterns and it failed so many times ... and go back in trend
"I'm not answering stupid questions."
  • #948,611
  • Jan 8, 2015 8:12am Jan 8, 2015 8:12am
Quoting Pharm0r
{quote} Big players don't have a choice
ha funny.... big players, many of them are market makers, who actually has deep pockets to runs for stops 50 pips against the trend and actually getting away with it because dumb retail traders would think that a 50 pip stop run against the trend by the big boys are the best way to to catch reversal, until they realise they got fucked. by the big boys' perfectly orchestrated stop runs in a low liquidity trading session. and these big boys do it at leverages of 1:1 - 1:5.... they cant hold 20 or 30 or 50% drawdown like most retail traders here....

imagine a trade floor that goes like this.
Goldman: Hey JP
Jp: hey sachs, whats up.
Goldman: i smell blood int he market with some heavy option barriers, lets hunt for it im hungry.
Jp: sure why not. let me call up BOA.
JP: yo BOA, Sachs wants to eat up those option, dont bet against it. lets run this quick fast and clean and get outa here.
BOA: sure.

after a day or 2.

Goldman: Damn we just pocketed shit loads of poor fuckers' money, drinks on me
meanwhile the 1% richest people gets richer...

Only thing is... you arent imagining it... it happens everyday... in almost every market.... only a handful of these slimy traders get caught...
heck they are everywhere... even in dairy market they like to rig prices...
http://www.bloomberg.com/news/2015-0...es-roamed.html

Inserted Video
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #948,612
  • Jan 8, 2015 8:12am Jan 8, 2015 8:12am
Quoting fxtyrant
{quote} why the effort to explain me what scalping is when i dont give a crap about it?? https://www.youtube.com/watch?v=R2YrTxfbToM
Yep great move. Pull me into argument, then place defense with i dont give a shit. AAA gameplay.
  • #948,613
  • Jan 8, 2015 8:16am Jan 8, 2015 8:16am
Quoting janpec1000
{quote} Yep great move. Pull me into argument, then place defense with i dont give a shit. AAA gameplay.
Bye.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #948,614
  • Jan 8, 2015 8:16am Jan 8, 2015 8:16am
closed long at 179, reversed short same, will exit early though, not looking to hold.
  • #948,615
  • Jan 8, 2015 8:16am Jan 8, 2015 8:16am
I am shorting OIL, Longing sp500 now ... also shorting ausie against US dolar ...
"I'm not answering stupid questions."
  • #948,616
  • Jan 8, 2015 8:29am Jan 8, 2015 8:29am
Quoting gatorinla
{quote} watching 119.79/120.79
closing this one for 29 pips. i have a new developed st setup for 121.23... so i will wait for the 120.70/79 edge to limit my risk, in case 121.23 is right..
so far eu dropped w/o much bounce as thought approaching uj 119.79.. wrong is wrong, limiting risk is always right.. uj seeking 121.xx in a attempt can push eu lower and vice verse near edge
those who can, do. those who cant, talk about those who can
  • #948,617
  • Jan 8, 2015 8:32am Jan 8, 2015 8:32am
Im off running a renko system to see if its profitable... so far 717 pips profit to 388 pips loss 42 trades taken under rules with 27 positive.. fixed loss but variable profit exit. so 329 pips profit over past 15 trading days... bit to do yet before I put it up for discussion.. cant remember how to get metatrader 4 or 5 to send you a push alert once a certain price is hit.. anyone know. Dont like sitting at the computer to long... thanks in advance
  • #948,618
  • Jan 8, 2015 8:40am Jan 8, 2015 8:40am
Quoting gatorinla
{quote} closing this one for 29 pips. i have a new developed st setup for 121.23... so i will wait for the 120.70/79 edge to limit my risk, in case 121.23 is right.. so far eu dropped w/o much bounce as thought approaching uj 119.79.. wrong is wrong, limiting risk is always right.. uj seeking 121.xx in a attempt can push eu lower and vice verse.
many touches and a few decent reversals off of 120.70 area, been watching/waiting on that
  • #948,619
  • Jan 8, 2015 8:47am Jan 8, 2015 8:47am
Quoting gatorinla
{quote} closing this one for 29 pips. i have a new developed st setup for 121.23... so i will wait for the 120.70/79 edge to limit my risk, in case 121.23 is right.. so far eu dropped w/o much bounce as thought approaching uj 119.79.. wrong is wrong, limiting risk is always right.. uj seeking 121.xx in a attempt can push eu lower and vice verse near edge

What do you think about 1.1780?
Back from the dead * ding fries are done *
  • #948,620
  • Jan 8, 2015 8:50am Jan 8, 2015 8:50am
Quoting Rockerzeus
{quote} I am not against this charts but there is one thing I wonder about it. 12 Months H-L average is 346 pip and and if you subtract it from monthly open it gives 1.1756x. And it is early in the month so we may get some retracement before continue.
FYI: 12 month rolling H-L average for eurusd for the past ten years is attached as a .pdf. Notice, how rare it is to have an under 400 pip HL mean. Good Luck.
Attached File(s)
File Type: pdf eurusd_w12.pdf   6 KB | 233 downloads
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