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Help Me Establish The GbpUsd After Dinner Club 40 replies

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  • #17,141
  • Jan 12, 2015 10:31am Jan 12, 2015 10:31am
Quoting bzzz
{quote} I'd say no substantial influence as in this country every prince(how many 2000?!) has his part of influence(a negative one unfortunatly) and maybe that's one of the reasons why the saudi boat will sink
im not talking about (any prince) who is potential to be some thing(politically) in the saudi kingdom,its about this one particularly,mbc tv group,rotana tv ...etc. prince,who sold the monarchy with cash money,the man and his father r out of the system,thats it
  • #17,142
  • Jan 12, 2015 10:57am Jan 12, 2015 10:57am
Infinitus , took quick look on FF sentiment, simply info strategy to follow:
1.If sentiment on logs or shorts swings over 70% without clear structural confirmation for PA to be further going there on higher TF, go against.
2.If sentiments start droping very quick on oposite side, consider possible pullback in formation, even if bellow 70% on certain side.

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Interesting is that this approach trough having numbers of lots or traders displayed is more accurate than regular SSI which mostly displays colors as buy or sell only, becouse the important info is really how severe those buying or selling is.
If you look it from that perspective SSI provides good signal for tops and bottoms lol.
  • #17,143
  • Jan 12, 2015 12:03pm Jan 12, 2015 12:03pm
Quoting infinitus
EU 2h TF The wave down from the 1969 peak on 01.06.2015 is a bit messy, because of overlapping structure. I have labeled this peak as wave green 4 The idea of wave green 5 is an ending diagonal. Keep in mind: even in ending diagonals wave 3 can not be the shortest. The shown count reflects out of my view the most probable scenario. {image}
Hi Infinitus

EWC eur/usd on Renko chart.

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  • #17,144
  • Jan 12, 2015 12:16pm Jan 12, 2015 12:16pm
Quoting Tim_isoara
{quote} Hi Infinitus EWC eur/usd on Renko chart. {image}

Hi Tim,

very interesting. Can remember that a few years ago I tried to count the Renko charts also, but did not follow the idea. Can't remember why....

Have you got a count since the top @ 3993 ?
  • #17,145
  • Jan 12, 2015 12:22pm Jan 12, 2015 12:22pm
Quoting janpec1000
Infinitus , took quick look on FF sentiment, simply info strategy to follow: 1.If sentiment on logs or shorts swings over 70% without clear structural confirmation for PA to be further going there on higher TF, go against. 2.If sentiments start droping very quick on oposite side, consider possible pullback in formation, even if bellow 70% on certain side. http://prntscr.com/5rlcrz http://prntscr.com/5rlec8 http://prntscr.com/5rlfh3 http://prntscr.com/5rlfrt http://prntscr.com/5rlivu http://prntscr.com/5rljjd...

good observations, as always, Jan

the problem with sentiment data in general is, that often enough we see extreme values over a longer time. Sentiment data alone is no good indicator for timing. But in conjunction with S/R, Elliott wave etc. it is a very valuable indicator
  • #17,146
  • Jan 12, 2015 12:26pm Jan 12, 2015 12:26pm
Quoting infinitus
{quote} good observations, as always, Jan the problem with sentiment data in general is, that often enough we see extreme values over a longer time. Sentiment data alone is no good indicator for timing. But in conjunction with S/R, Elliott wave etc. it is a very valuable indicator
Ye prety much, just using technical entry as trigger, but using sentiment info as sort of S/R zone, and limitation of move further towards more extreme. The problem in general is those 70% infos are mostly missed as noone really pays attention to sentiment on FF that much, ill give ask to programmer if something like that can be turned into mt4 indie for alert or to draw SR zone on chart itself.
  • #17,147
  • Jan 12, 2015 12:39pm Jan 12, 2015 12:39pm
Quoting infinitus
{quote} Hi Tim, very interesting. Can remember that a few years ago I tried to count the Renko charts also, but did not follow the idea. Can't remember why.... Have you got a count since the top @ 3993 ?
No. On Renko I have data for just last 3 month.
EWC Daily eurusd

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  • #17,148
  • Jan 12, 2015 12:58pm Jan 12, 2015 12:58pm
Quoting tahshoon
{quote} im not talking about (any prince) who is potential to be some thing(politically) in the saudi kingdom,its about this one particularly,mbc tv group,rotana tv ...etc. prince,who sold the monarchy with cash money,the man and his father r out of the system,thats it

ups, price changed mind

same boat here: 1640 is a very big target

But keep in mind: when all are looking at the same, something else happens most of the time


Idea: more than 500 billion QE from Draghi: the price will simply take the level out in a hurry

less or equal than 500 billion, or QE is postponed: we may not touch the level
  • #17,149
  • Jan 12, 2015 1:01pm Jan 12, 2015 1:01pm
Quoting tahshoon
{quote} ha ha ha ha,we don't need a wiki -anything *pedia *leaks to know who is it,his father had an agreement with the rest of the royal family to leave the choice to be a king with money,so his father get a very big sum of money,now,his son is a millionaire or a billionaire SO WHAT ?,he has nothing to say in oil saudi politics,he has no influence in the political arena in the saudi kingdom

I am not familiar with the Sheiks etc. So I had to look up, and he seemed to be influential on some aspects
  • #17,150
  • Jan 12, 2015 1:03pm Jan 12, 2015 1:03pm
Quoting janpec1000
{quote} Ye prety much, just using technical entry as trigger, but using sentiment info as sort of S/R zone, and limitation of move further towards more extreme. The problem in general is those 70% infos are mostly missed as noone really pays attention to sentiment on FF that much, ill give ask to programmer if something like that can be turned into mt4 indie for alert or to draw SR zone on chart itself.

in Dukascopy's JForex you have such an indicator. It is pretty nice, but somehow it is programmed bad and leads to heavy usage of processor power and the notebooks heat much
  • #17,151
  • Jan 12, 2015 1:06pm Jan 12, 2015 1:06pm
Quoting tahshoon
{quote} im not talking about (any prince) who is potential to be some thing(politically) in the saudi kingdom,its about this one particularly,mbc tv group,rotana tv ...etc. prince,who sold the monarchy with cash money,the man and his father r out of the system,thats it


thanks for the infos

OK,let us assume he has no influence in this kind of business:

but maybe he has the infos, because it was only an interview and he gave statements or answered questions and told about what he had heard or so......



Do not know...
  • #17,152
  • Jan 12, 2015 1:07pm Jan 12, 2015 1:07pm
Quoting infinitus
{quote} in Dukascopy's JForex you have such an indicator. It is pretty nice, but somehow it is programmed bad and leads to heavy usage of processor power and the notebooks heat much
Does it display only daily sentiment data, or also low tf h1 or m5 data like FF?
  • #17,153
  • Jan 12, 2015 1:11pm Jan 12, 2015 1:11pm
Quoting Tim_isoara
{quote} No. On Renko I have data for just last 3 month. EWC Daily eurusd {image}

great, thanks for that


have a new idea:

since the momentum in the recent wave down is so high, it may be the 3 of 3

so since the 3993 top we may have a big

1-2, 1-2, 1-2-3 ongoing

boy, that would suck
  • #17,154
  • Jan 12, 2015 1:12pm Jan 12, 2015 1:12pm
Quoting infinitus
{quote} ups, price changed mind same boat here: 1640 is a very big target But keep in mind: when all are looking at the same, something else happens most of the time Idea: more than 500 billion QE from Draghi: the price will simply take the level out in a hurry less or equal than 500 billion, or QE is postponed: we may not touch the level
Quite funny its 10 days till QE announcmenet and they are still figuring out numbers at which to pull it off. 400 bil? Eh lets throw 100 extra for sure. How about 700? Ok, first, second, third...sold. 700. It makes you wonder from which ass are they pulling those numbers out, or maybe, who is giving them limit. This still shows how fragile EU and its organs are. When FED prints they dont give a shit, they print billions not telling anyone. When BOJ prints they just show up some day with trillion announcmenet, when ECB prints they writte book about it and Draghi makes maraton of speeches.
  • #17,155
  • Jan 12, 2015 1:41pm Jan 12, 2015 1:41pm
Quoting infinitus
{quote} great, thanks for that have a new idea: since the momentum in the recent wave down is so high, it may be the 3 of 3 so since the 3993 top we may have a big 1-2, 1-2, 1-2-3 ongoing boy, that would suck
Yes.1-2 1-2 1-2-3 or wave 5 extesion.
We have time to see.
  • #17,156
  • Jan 12, 2015 4:37pm Jan 12, 2015 4:37pm
Quoting infinitus
{quote} thanks for the infos OK,let us assume he has no influence in this kind of business: but maybe he has the infos, because it was only an interview and he gave statements or answered questions and told about what he had heard or so...... Do not know...
OK,no problem,my idea was not to discuss politics here,it wasn't the goal or my goal,we r here for business,u know,buy sell to make profits,and,he is not the man to listen to for this kind of business or ours here in forex
  • #17,157
  • Jan 12, 2015 5:25pm Jan 12, 2015 5:25pm
Quoting tahshoon
{quote} OK,no problem,my idea was not to discuss politics here,it wasn't the goal or my goal,we r here for business,u know,buy sell to make profits,and,he is not the man to listen to for this kind of business or ours here in forex
you know, it is "The Club"

I, we, always have some (many) political rants. So all is fine

I think we are thankful for some background information......
  • #17,158
  • Jan 12, 2015 6:22pm Jan 12, 2015 6:22pm
http://www.zerohedge.com/sites/defau.../picture-5.jpg
Germany's Sinn Blasts Draghi: "Deflation Is Just A Pretext To Bailout Southern Europe"
  • #17,159
  • Jan 12, 2015 6:32pm Jan 12, 2015 6:32pm
Quoting infinitus
{image} Germany's Sinn Blasts Draghi: "Deflation Is Just A Pretext To Bailout Southern Europe"
Lirum larum... He's talking bullshit, as always. The treaty of Lissabon excludes the option to leave.
http://www.sueddeutsche.de/politik/f...keit-1.1321101

Why else did Britain never participate? They're much wiser over there.
  • #17,160
  • Jan 12, 2015 6:35pm Jan 12, 2015 6:35pm
Since the recent consolidation drags out too long, and would not fit anymore (the right view) into an ending diagonal, I have decided to re-lable the green 5 of pink 3 a bit.

In this view we are now in wave 4 up, which may have been finished already.
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