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The Swamp

  • #5,961
  • Jun 16, 2016 7:28am Jun 16, 2016 7:28am
Frustrated people shifting from Pound, Euro to USD, Gold, Yen ahead of Brexit poll that messed technical analysis pretty badly such as Gator's EU 1.17 for UJ 100
You cannot learn better without losing
  • #5,962
  • Jun 16, 2016 7:34am Jun 16, 2016 7:34am
Quoting stylinex
{quote} I know that half of 5K is 2500 pips.. That did not answer my question though.
its answered in previous post. 100.5/.7 is an attraction. most times it goes there. its a larger move to get there. it takes time and will have many bounces. at this point in the game its moved over 2 thousand pips. the remainder is less than 20% of forecast move. so the r/r here is not as good as it once was. a new chance to get a short on a bounce 103.56 ish.. some R may be at 105.59 ish/. i am not advocating a long atm.. if i was to take one some sort of reversal evidence would help 103.56 ish. but i dont expect a bounce to change 100.5/.7 attraction. keep in mind, a valid uj target is at 68.09 decades old. eu did miss a number like uj 100.5 at eu 1086. so i am not sure and never will be. the funding aspect of these 2 may change. 1086 may show some light. eu has a valid 2470 target. uj has to beat 103.56.. and 101.64 to get to 100.5/.7 bounces can not be underestimated because its in the bad part of r/r in this last less than 20%.

to answer your question. the risk to reward is less valuable here than it was higher. your walking in on a movie in the last 15 minutes after the plot has been set.
those who can, do. those who cant, talk about those who can
  • #5,963
  • Jun 16, 2016 7:46am Jun 16, 2016 7:46am
Quoting Denx
{quote} Hi, been following your norm style few months and am still learning it. Any thought on uj bounce for next short? 108.5?
strong bear like the last few months closing suggested. yen strengthening like this prier to 2008. it missed 68.09 last time. st hasnt set up a possible bounce target for me atm. i think some R at 105.59 area. important close is june.
those who can, do. those who cant, talk about those who can
  • #5,964
  • Jun 16, 2016 7:49am Jun 16, 2016 7:49am
Quoting gatorinla
{quote} its answered in previous post. 100.5/.7 is an attraction. most times it goes there. its a larger move to get there. it takes time and will have many bounces. at this point in the game its moved over 2 thousand pips. the remainder is less than 20% of forecast move. so the r/r here is not as good as it once was. a new chance to get a short on a bounce 103.56 ish.. some R may be at 105.59 ish/. i am not advocating a long atm.. if i was to take one some sort of reversal evidence would help 103.56 ish. but i dont expect a bounce to change 100.5/.7...
Man i studied your numbers and your method for 2 months. that's why i stopped coming here. So i have a number for you UJ 100.41. just tell me yes or no i will understand.
The mind is not a book to be opened at will and examined at leisure
  • #5,965
  • Jun 16, 2016 7:56am Jun 16, 2016 7:56am
Quoting Isvara
{quote} Man i studied your numbers and your method for 2 months. that's why i stopped coming here. So i have a number for you UJ 100.41. just tell me yes or no i will understand.
i have been doing the same over,just viewing the numbers and trying studying it...i have 103.67 and 100.70 using a recent swing and i have 103.96 and 101.22 for an old swing
Nothing stands in the way of a person's will -THE MYSTICS
  • #5,966
  • Jun 16, 2016 8:06am Jun 16, 2016 8:06am
Quoting cspip
{quote} Nice drop from around the 1.1288 area and straight down to 1.1164............lets see if can get to 1.1134 and 1.1106

After 1.1134 looks to be heading back to 1.1206 and / or 1.1221
  • #5,967
  • Jun 16, 2016 8:12am Jun 16, 2016 8:12am
One to keep an eye on. I'm short.

AUD/USD Bearish evening doji star. If it closes with bear candle on weekly it will be confirmed
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  • #5,968
  • Jun 16, 2016 8:19am Jun 16, 2016 8:19am
Quoting forexings
Frustrated people shifting from Pound, Euro to USD, Gold, Yen ahead of Brexit poll that messed technical analysis pretty badly such as Gator's EU 1.17 for UJ 100
I don't know. Not sure anything is messed up. My mistake with these levels (one of many) has been reading into it when they should be hit. For example, 1.17 test / path to 2470 are levels I thought would be tried before brexit day since I had already decided (for no good reason ) that the outcome of that referendum would be bearish eu. But the levels tell you where price is likely to go, not when. So is it impossible to think the outcome of the brexit vote could be bullish EU? And those levels are reached for after the fact? Or anytime really. 100.xx uj path looks healthy to me as well. Just saying.
  • #5,969
  • Jun 16, 2016 8:21am Jun 16, 2016 8:21am
Quoting Isvara
{quote} Man i studied your numbers and your method for 2 months. that's why i stopped coming here. So i have a number for you UJ 100.41. just tell me yes or no i will understand.
100.41 is near 100.5, over several decades they are reasonably close. 2 months is not much time. a pa study along with numbers should yield understanding and reward. there is no substitute for ass time watching pa. trail and error seeing what works most times. there is no method 100% except snake oil forex. anticipated moves work well when they work, they suck when they dont. the trick is to follow the r/r advantage. closer to risk is always the best risk, if the reward can be shown to be many times greater. shown in, "most times this happens.." pa. uj 100.5/.7 was a most time move. 106.33 was a most time target. 68.09 is a most time target, the largest i have.
those who can, do. those who cant, talk about those who can
  • #5,970
  • Jun 16, 2016 8:28am Jun 16, 2016 8:28am
Quoting gatorinla
{quote} 100.41 is near 100.5, over several decades they are reasonably close. 2 months is not much time. a pa study along with numbers should yield understanding and reward. there is no substitute for ass time watching pa. trail and error seeing what works most times. there is no method 100% except snake oil forex. anticipated moves work well when they work, they suck when they dont. the trick is to follow the r/r advantage. closer to risk is always the best risk, if the reward can be shown to be many times greater. shown in, "most times this happens.."...
yep u are right. have to study more.
The mind is not a book to be opened at will and examined at leisure
  • #5,971
  • Jun 16, 2016 8:45am Jun 16, 2016 8:45am
Quoting gatorinla
{quote} 100.41 is near 100.5, over several decades they are reasonably close. 2 months is not much time. a pa study along with numbers should yield understanding and reward. there is no substitute for ass time watching pa. trail and error seeing what works most times. there is no method 100% except snake oil forex. anticipated moves work well when they work, they suck when they dont. the trick is to follow the r/r advantage. closer to risk is always the best risk, if the reward can be shown to be many times greater. shown in, "most times this happens.."...
seems i got that right...will keep studying.
Nothing stands in the way of a person's will -THE MYSTICS
  • #5,972
  • Jun 16, 2016 9:33am Jun 16, 2016 9:33am
its a target?

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  • #5,973
  • Jun 16, 2016 10:06am Jun 16, 2016 10:06am
Beautiful Cup&Handle pattern on E/U M15...
Why sell the bottoms when you can buy the tops...
  • #5,974
  • Jun 16, 2016 10:19am Jun 16, 2016 10:19am
thinking uj may settle down after reaching mid point toward 105.59, at 104.56.5. 103.59 wouldn't hurt my feelings with 103.58 to help a st possible support.
those who can, do. those who cant, talk about those who can
  • #5,975
  • Jun 16, 2016 10:24am Jun 16, 2016 10:24am
Quoting JustAndy
Beautiful Cup&Handle pattern on E/U M15...
wouldn't mind seeing 1.128x for a nicer 1h set up
  • #5,976
  • Jun 16, 2016 10:28am Jun 16, 2016 10:28am
SHORT
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A good trader follows his rules, but great trader knows when to break them
  • #5,977
  • Jun 16, 2016 10:34am Jun 16, 2016 10:34am
Quoting gatorinla
thinking uj may settle down after reaching mid point toward 105.59, at 104.56.5. 103.59 wouldn't hurt my feelings with 103.58 to help a st possible support.
picture, with 105.59 and 103.56 with mid.. just need to bottle it.. still many variables to consider. but bounce made it 1/2 way to 105.59.9
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those who can, do. those who cant, talk about those who can
  • #5,978
  • Jun 16, 2016 10:34am Jun 16, 2016 10:34am
posted bat before but this is crap rejection...
possible bear flag tomorrow.

15 minute chart.

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  • #5,979
  • Jun 16, 2016 10:38am Jun 16, 2016 10:38am
Quoting gatorinla
{quote} picture, with 105.59 and 103.56 with mid.. just need to bottle it.. still many variables to consider. but bounce made it 1/2 way to 105.59.9 {image}
it makes 104.07 a most often
those who can, do. those who cant, talk about those who can
  • #5,980
  • Jun 16, 2016 11:14am Jun 16, 2016 11:14am
crazy couple of days for eu. double bottom followed by double top, then followed by another double bottom... pivot test approaching
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