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Attachments: When Price is UP, buy; when Price is Down, sell short...
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When Price is UP, buy; when Price is Down, sell short...

  • #441
  • Dec 1, 2015 2:04am Dec 1, 2015 2:04am
Quoting duderoo1
Hi Sunshine, hope u r well! Just curious are you still short EA for a swing trade?
hello duderoo, good to hear from u again. i'm well by the mercy of the Almighty, i hope u and your family are healthy too ?

no, i have closed all my shorts in the EURAUD pairs because i was too heavily short and overstretched for my tiny account in this currency and it's immediate neighbour, the NZD, also i wanted to add to my tiny equity. don't laugh
but the trend is still down from my reading. i would like to see an up rally now in the Dly before shorting again.

do u have any shorts in EURAUD ?
what open trades do u have ?

below u can see what i mean by being too heavily invested in correlated currency pairs in the 2 charts posted. now i want see some distance between my entries and price.
EDIT: forgot to mention that these are Daily charts
Attached Image
  • #442
  • Dec 1, 2015 2:21am Dec 1, 2015 2:21am
I also have a tiny account, but one day hope to have a large'ish one.

I tend to normally only let it run for 10 pips, which on EA is less $1 profit, and was in and out on this one.
Attached Image
  • #443
  • Edited 5:53am Dec 1, 2015 5:42am | Edited 5:53am
Quoting sunshine
{quote} hi Bendz, actually, i'm not consuming red bull at all nor does any of our family, relatives and friends, we prefer the real thing straight from the bean not 2nd hand with added with other stuff that may or may not be healthy. i just like their slogan..."red bull gives u wings..." but we get that from coffee anyway...2 cups in the morning is enough caffeine for the day.
Hi sunshine,

red bull Ok. Now I've got it.

By the way, My orders triggered with minimum profit in eurusd and minimum loss in gbpusd .

I've missed gbpnzd

My other trades are in +ve.
Bendz
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euraud.JPG Size: 154 KB
Click to Enlarge Name: eurnzd.JPG Size: 165 KB
Click to Enlarge Name: gbpaud.JPG Size: 157 KB
  • #444
  • Dec 1, 2015 5:47am Dec 1, 2015 5:47am
Quoting sunshine
{quote} hello duderoo, good to hear from u again. i'm well by the mercy of the Almighty, i hope u and your family are healthy too ? no, i have closed all my shorts in the EURAUD pairs because i was too heavily short and overstretched for my tiny account in this currency and it's immediate neighbour, the NZD, also i wanted to add to my tiny equity. don't laugh but the trend is still down from my reading. i would like to see an up rally now in the Dly before shorting again. do u have any shorts in EURAUD ? what open trades do u have ? below...
Hi sunshine,

Buy trades are

Thanks for your guidance in pullbacks.
Bendz
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd.JPG Size: 129 KB
Click to Enlarge Name: nzdusd.JPG Size: 137 KB
Click to Enlarge Name: nzdjpy.JPG Size: 133 KB
  • #445
  • Dec 1, 2015 10:02pm Dec 1, 2015 10:02pm
Quoting duderoo1
I also have a tiny account, but one day hope to have a large'ish one. I tend to normally only let it run for 10 pips, which on EA is less $1 profit, and was in and out on this one. {image}
ok, i understand duderoo, thank you.
...by way of learning, for us and for u, i want to ask u few questions regarding that trade if u don't mind
...why did u close your short ?

  1. was it on a reversal signal in another tf, or
  2. before a red news event, or
  3. did u read on an intraday thread that reversal is imminent or that is a good place to take profit,
  4. or was that your predetermined profit target per trade ?
  5. or some other trigger ?

​if u can answer i will appreciate since we are all learning here. thank you.

  • #446
  • Dec 1, 2015 10:45pm Dec 1, 2015 10:45pm
what a run the Ozzie put in, actually all of the AUD pairs and the NZD pairs did that.

so what can we expect today ?
let's turn to sir Isaac Newton, what does his Law of Inertia states ?

Newton's first law of motion is often stated as

  1. An object at rest stays at rest and
  2. an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.

​​hmmm, i wonder who or what that unbalanced force is...could it be the propaganda of the worlds Central Banksters..?

back to the AUDUSD and the other 3 forex pairs below. the charts below are all 4hrs.

so yesterday, the Ozzie and its neighbours closed up, now if we apply Newton Law (the 2nd part of the law) which states that...
an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force... that means today will be as yesterday...an up day.
looking at the 4hr charts below we can see that the two inner charts have given Sell Signals (SS) and those SS are valid because their respective Weeklies closed down, so if anyone shorted then keep your shorts and put a SL above the SS high...but if u reason that it may be just a retracement and u are already long from yesterday then keep your longs and wait for reversal signal to buy again. i intend taking the 2nd option.
why ?
because i went long on a hunch which was confirmed by up closing of the M+Dly combination

Attached Image (click to enlarge)
Click to Enlarge Name: 4 pairs 2SS+1 buy lowertf sell warning.png Size: 33 KB
  • #447
  • Dec 1, 2015 11:12pm Dec 1, 2015 11:12pm
Quoting Bendz
{quote} Hi sunshine, Buy trades are Thanks for your guidance in pullbacks. Bendz {image} {image} {image}
u welcome Bendz and congratulations, u understand the heart of this Method
..which is very scientific indeed, don't laugh...we do...let me explain...

we follow sir Isaac Newtons 16th century law that states, and i'm quoting the 2nd part of his law

  1. an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force

  1. ​an object in motion...we look at the General Overall Trend (GEOT) which is determined by the direction of the Monthly price (price falling over several months or price is rising over several months in such a way that a 9 year old child will have no difficulty in telling which direction price is moving or just switch to a Line chart and see for yourself.)
  2. ...stays in motion... i interpret that to mean to buy on a lower timeframe when the inevitable unbalanced force (wind turbulence, ripples and waves) retracements plays out before resuming,
  3. ...in the same direction... the undercurrents resume their original direction (tide) and that resumption is seen first in Daily timeframe,
  4. lastly, ...with same speed... a new Monthly is formed.

​...eish... made my 2 cups of morning coffee again with red bull instead of water, i should lay of these enhancers.

  • #448
  • Dec 1, 2015 11:18pm Dec 1, 2015 11:18pm
red news coming out shortly for the GBP and later at NYO for USD and in the late afternoon for the CAD.
  • #449
  • Dec 2, 2015 12:59am Dec 2, 2015 12:59am
Quoting sunshine
{quote} u welcome Bendz and congratulations, u understand the heart of this Method ..which is very scientific indeed, don't laugh...we do...let me explain... we follow sir Isaac Newtons 16th century law that states, and i'm quoting the 2nd part of his law an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force ​an object in motion...we look at the General Overall Trend (GEOT) which is determined by the direction of the Monthly price (price falling over several months or...
Hi sunshine,

Thanks. I think I need some more time to master this method

Bendz
  • #450
  • Dec 2, 2015 2:08am Dec 2, 2015 2:08am
AUD/USD Support 7299 R1 7355 R 2 Double Top 7382 dated 11/10/2015
  • #451
  • Dec 2, 2015 2:37am Dec 2, 2015 2:37am
Quoting sunshine
what a run the Ozzie put in, actually all of the AUD pairs and the NZD pairs did that. so what can we expect today ? let's turn to sir Isaac Newton, what does his Law of Inertia states ? Newton's first law of motion is often stated as An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force. ​​hmmm, i wonder who or what that unbalanced force is...could it be the propaganda of the worlds Central Banksters..? back to the AUDUSD and the...
Hi sunshine,

I've got it. I'm grasping by repeat reading and viewing charts.
At present, I went long in audusd and keeping the trades.
I'm short in gbpnzd & gbpaud and keeping the trades.
No trades in gbpusd.
Now, I'm watching and no fresh entries.

Thanks sunshine .
Regards,
Bendz
  • #452
  • Dec 2, 2015 10:21pm Dec 2, 2015 10:21pm
Quoting Bendz
{quote} Hi sunshine, I've got it. I'm grasping by repeat reading and viewing charts. At present, I went long in audusd and keeping the trades. I'm short in gbpnzd & gbpaud and keeping the trades. No trades in gbpusd. Now, I'm watching and no fresh entries. Thanks sunshine . Regards, Bendz
hi Bendz,

yes, that is what i do if i really want to comprehend and understand the essence and the subtle nuances, u know the things not said outright but is there for u to discover...when that happens than i know another level is revealed, and believe...they are there in this method...hint; look at the strategy.......look closely at the price that forms the entry signal in the strategy ...look at what went before...
  • #453
  • Dec 2, 2015 10:36pm Dec 2, 2015 10:36pm
some open trades below. i am showing the charts of each pair that triggered their buy or sell entries respectively.

by that i mean;

  1. for the EURGBP: last Week closed up, so we look for buy signals in 4hrs, therefore i am showing the 4hrs where the entry signal were generated
  2. for AUDUSD: last month of November closed Up so i looked for buy entry signals in Daily tf.
  3. for GBPJPY: last month of November closed Up so i looked for buy entry signals in Daily tf... also Last Week closed down so sell entries can be taken in both Daily & 4hrs.
  4. for GBPUSD: same as for Geppy above.

​

Attached Image (click to enlarge)
Click to Enlarge Name: Open trades thurs 03Dec.png Size: 50 KB
  • #454
  • Dec 2, 2015 10:47pm Dec 2, 2015 10:47pm
currently i am watching the AUDUSD 4hrs for any signs that the price will continue as indicated by the Monthly...by right, this pair today is in sell mode. should it close with a bullish bar then up trend is resumed, otherwise shorts rule...

i did take 2 shorts yesterday off the 4hrs as a nod to its weekly close. stops were entered at price levels that i thought were prudent....by that i mean, i put SL in such a zone that should price reach there then the uptrend will continue.

EDIT: i was stopped out of both shorts.
  • #455
  • Dec 2, 2015 10:51pm Dec 2, 2015 10:51pm
red news in the fore noon for GBP and after noon for EUR & USD
  • #456
  • Dec 2, 2015 11:14pm Dec 2, 2015 11:14pm
Quoting sunnyfarm
AUD/USD Support 7299 R1 7355 R 2 Double Top 7382 dated 11/10/2015
hello sunnyfarm,

i thought i replied to but obviously didn't. thanks for your alert.

i wish to make a request for next time should u see something and wish to share it with us, can u please take a snapshot or image of that and post it here, that way we can all see immediately what u see because we may have missed it.
thank you.
  • #457
  • Dec 2, 2015 11:18pm Dec 2, 2015 11:18pm
Hi Sunshine

of course, can make a snapshot and post it. Just did't find the time to do it last time. My aplogies.

Thank you

Fred
  • #458
  • Dec 2, 2015 11:22pm Dec 2, 2015 11:22pm
Quoting sunnyfarm
Hi Sunshine of course, can make a snapshot and post it. Just did't find the time to do it last time. My aplogies. Thank you Fred
oops, that was fast...

thank u Fred
  • #459
  • Dec 2, 2015 11:54pm Dec 2, 2015 11:54pm
I am not very good on the computer. However, I am sure you are able to open the Attachment below. I made some correction from my last projection. Please note you should always make up your own mind and not rely on somebody else. ..Can be deadly.

Fred
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 1.5 MB
  • #460
  • Dec 3, 2015 5:08am Dec 3, 2015 5:08am
Quoting sunshine
{quote} hi Bendz, yes, that is what i do if i really want to comprehend and understand the essence and the subtle nuances, u know the things not said outright but is there for u to discover...when that happens than i know another level is revealed, and believe...they are there in this method...hint; look at the strategy.......look closely at the price that forms the entry signal in the strategy ...look at what went before...
Hi sunshine,

Thanks for your guidance. Selling is comfortable for me. Now I've moved SL to BE. Relaxed

Bendz
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