Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

Originally Posted by vaguthun

Thanks david for your concern
I am still holding it, but I think I am gonna change my mind if it gets worse than this...

Oh My Brother!

You'll be ok (in my little pseudo scientific self-opinionated opinion of course ) if You can manage it for over 6 months, and cater for 1000 or so pips.

Otherwise....

Now I have been known to be wrong and ultimately its Your call.

Best wishes..

David

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Originally Posted by adam6655nyc

lol, that was funny actually to see your stop on the chart....wow...the power of SEAN...

I know!

If only it was Sean though.

I'll let You into a secret that despite my personal biases may prove funny to some...

I do get "guided" and I make no secret of that, but when I get a call south for 50 pips and it went north 200 pips I get on the SkyPhone (or is it Skype) and start asking a few dis-gruntled questions..

The answer:

"Well it got You to consider Stops didnt it?!"

That added to the fact that I was waking and hearing what I can only presume to be Sean (Sean are You Southern?) saying:

"One day the market will call You out"

So, Y'know, I'm a flexible kind of guy and recognise when good advice is preceding what could be a nightmare...

so I bent.

YAY


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Hmmmm maybe I should have "When the facts change, I change my mind. What do you do, sir?" as my signature too .

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Originally Posted by straty01

The faults you see in others originate from your self, if it did not exist in you, you would not see it in others. Let's not 'gang up' on anyone, we are all traders here, it's the personalities that make the pepper and spice taste so nice!!

Double top? Have a look at the daily Euro chart when it was at 1.60 too, price action is interesting. Remember it's when you think the trend will never bend that it's probably about to end.


Guilder, you are a funny man

That double top, if it develops, it looks like a good ride, medium term.

For now, I sense a little ranging for a while, somewhat like the second half of last week

Originally Posted by vaguthun

From the start of this November this is the 2nd time RSI went so down.
As you can see First time it created a real uptrend. and and its about to happen for the second time and I think it will create some thing good, And I wonder what are your Opinions on this.

Last big fall in Euro was over 500 pips from June 3rd to June 15 but it was after a nice up wave. Are we completing another 'up' wave and where will it take us, mmmm interesting

Originally Posted by mildredthecat

I suppose it would be ideal if there was just one poster, who posted once a week and we all followed like chickens, or is it lemmings, and we all got rich doing so.

The truth is however that there are many views and many who share them.

With an open and non-judgemental mind we come to see what is working and for who.

I think it was Thomas who said just recently that not enough people share their trades but do their views. I do both. You'll nearly always see a Buy or a Sell one on mine and I make no effort to try and hide that. How else would people know?

Many share views that are not traded, some do who dont even trade!

Anyways, it is as it is.

My view is still the same in that we'll retract now for a while and tomorrow I think we'll see a major move down...

or at least the steps towards one.

On a final note, I worked in the Construction Trade for my first 10 years out of college. Nothing that is said in an environment like this can touch that.

Its all good if You allow it


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Many share views that are not traded, some do who dont even trade!

True i share my views and I'm not trading........ but i guess i keep the quality intact............. I might come back trading later........ who knows...... maybe I'm just trying to stay in sync with the mkt..... or maybe it is what i do best... Irregardless to that, I pointed out on the EW analysis.... If the EW has to change so often so fast, it kills the basic approach on it... I'm not a keen follower on it nor do i understand it clearly....... What lil I know is that it represents the wave structure and clearly it doesn't changes every 1-2 hrs or even less for that matter......
Speaking one's mind and sharing strategies and ideas is one thing and going about it again and again is simply beating down on the bush... makes no sense to me.......... the only reason i can figure is that it was a premature analysis and needs to be rectified / corrected with the price action , which makes it more like avges which follows the price and i think EW is far more superior to simple avges as a tool to trade........

One post. one poster..........chickens............... getting rich......... following................ Let us get real here........... it doesn't happen that way...... anyone with a sound mind and able to place a trade doesn't follow anyone blindly....... but yes someone more at par and doing this professionally doesn't change or attribute a change on a position that fast that soon and if so, very sorry to say that it has to be based upon a 5 min charts count or perhaps even smaller time frame......... To be more blunt it would be scalps rather then a trade....
John G and some others who are into Delta and EW, stick to their patterns and have yielded results.........

I'm sure Thomas meant to place ideas and trades and encouraging everyone to do so............ I totally agree with him......... Nothing wrong with that, but in order for the forum not to look like a soap opera it would be better to make a blog and go about with the likes on it.............
Just a suggestion.............

Anyways I think as well euro could dip lower esp as 5080 was not tested out...

GL ALL........

Originally Posted by straty01

Last big fall in Euro was over 500 pips from June 3rd to June 15 but it was after a nice up wave. Are we completing another 'up' wave and where will it take us, mmmm interesting

Yes, if that last/recent circled bottom gets taken out...then it will most certainly get my attention. We'll see.

Originally Posted by stryker

Many share views that are not traded, some do who dont even trade!

True i share my views and I'm not trading........ but i guess i keep the quality intact............. I might come back trading later........ who knows...... maybe I'm just trying to stay in sync with the mkt..... or maybe it is what i do best... Irregardless to that, I pointed out on the EW analysis.... If the EW has to change so often so fast, it kills the basic approach on it... I'm not a keen follower on it nor do i understand it clearly....... What lil I know is that it represents the wave structure and clearly it doesn't changes every 1-2 hrs or even less for that matter......
Speaking one's mind and sharing strategies and ideas is one thing and going about it again and again is simply beating down on the bush... makes no sense to me.......... the only reason i can figure is that it was a premature analysis and needs to be rectified / corrected with the price action , which makes it more like avges which follows the price and i think EW is far more superior to simple avges as a tool to trade........

One post. one poster..........chickens............... getting rich......... following................ Let us get real here........... it doesn't happen that way...... anyone with a sound mind and able to place a trade doesn't follow anyone blindly....... but yes someone more at par and doing this professionally doesn't change or attribute a change on a position that fast that soon and if so, very sorry to say that it has to be based upon a 5 min charts count or perhaps even smaller time frame......... To be more blunt it would be scalps rather then a trade....
John G and some others who are into Delta and EW, stick to their patterns and have yielded results.........

I'm sure Thomas meant to place ideas and trades and encouraging everyone to do so............ I totally agree with him......... Nothing wrong with that, but in order for the forum not to look like a soap opera it would be better to make a blog and go about with the likes on it.............
Just a suggestion.............

Anyways I think as well euro could dip lower esp as 5080 was not tested out...

GL ALL........

Y'know, I was surprised when I saw this guy from Malaysia on Ebay had sold so many of his "system" that calls signals (mainly on US/CF from wha I could gather by the spreadsheet).

I mean like there was alot of buyers for this one product..

and that was his "In English version" alone.

Then, I get listening around of people who go "site hunting" for pip calls..

and come to this conclusion..

Most are completely lost.

Not all.

Most.

Anyway, we still have Free Will and Freedom of Speech where most of the World is concerned. Sooner or later we have to come to terms with those darned modern ways

David

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Originally Posted by Sean Hyman

Yes, if that last/recent circled bottom gets taken out...then it will most certainly get my attention. We'll see.

Its gonna get taken out like a Heavyweight would take out a Feather.

Give it 'till end of month me thinks

Originally Posted by mildredthecat

Its gonna get taken out like a Heavyweight would take out a Feather.

Give it 'till end of month me thinks

I read Martin Armstrong's article 'Its Just Time', and he rants on about 8.6 months cycles / 224 year cycles etc amongst other things, so out of curiousity I added 8.6 months from the Dow bottom in March and I get a date of 27th November 2009, so Cat/David are you sharing the same cell as Martin? Ha Ha

Originally Posted by mildredthecat

I know!

If only it was Sean though.

I'll let You into a secret that despite my personal biases may prove funny to some...

I do get "guided" and I make no secret of that, but when I get a call south for 50 pips and it went north 200 pips I get on the SkyPhone (or is it Skype) and start asking a few dis-gruntled questions..

The answer:

"Well it got You to consider Stops didnt it?!"

That added to the fact that I was waking and hearing what I can only presume to be Sean (Sean are You Southern?) saying:

"One day the market will call You out"

So, Y'know, I'm a flexible kind of guy and recognise when good advice is preceding what could be a nightmare...

so I bent.

YAY


.


Hmmmm maybe I should have "When the facts change, I change my mind. What do you do, sir?" as my signature too .
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No, do not change it, the cat is a good one...
Nothing wrong with being guided sometimes...I get tired of thinking about the dollar nowadays that I wish I could be guided for the long run (when it comes to the dollar...long run means the next 50 minutes lol)

Originally Posted by adam6655nyc

No, do not change it, the cat is a good one...
Nothing wrong with being guided sometimes...I get tired of thinking about the dollar nowadays that I wish I could be guided for the long run (when it comes to the dollar...long run means the next 50 minutes lol)

Hey Bruv,

I hope You listened concerning AUD/USD

Originally Posted by mildredthecat

I know!

If only it was Sean though.

I'll let You into a secret that despite my personal biases may prove funny to some...

I do get "guided" and I make no secret of that, but when I get a call south for 50 pips and it went north 200 pips I get on the SkyPhone (or is it Skype) and start asking a few dis-gruntled questions..

The answer:

"Well it got You to consider Stops didnt it?!"

That added to the fact that I was waking and hearing what I can only presume to be Sean (Sean are You Southern?) saying:

"One day the market will call You out"

So, Y'know, I'm a flexible kind of guy and recognise when good advice is preceding what could be a nightmare...

so I bent.

YAY


.


Hmmmm maybe I should have "When the facts change, I change my mind. What do you do, sir?" as my signature too .

.

Originally Posted by straty01

I read Martin Armstrong's article 'Its Just Time', and he rants on about 8.6 months cycles / 224 year cycles etc amongst other things, so out of curiousity I added 8.6 months from the Dow bottom in March and I get a date of 27th November 2009, so Cat/David are you sharing the same cell as Martin? Ha Ha

Funny the time/cycle theory...I read it Dec 2008 and it does work, specially on the SPZ (240 days the short cycle and 420 the long cycle)

did not believe it when I read it...but applied it and it seems we are following it...next dip is not till last week of Jan 2010...will see if it was just luck this year or it will continue to be true

Originally Posted by mildredthecat

Hey Bruv,

I hope You listened concerning AUD/USD

Not yet, 300 pips swing for the AUD is nothing...BREAK 87 and it will stop my trade

Originally Posted by straty01

I read Martin Armstrong's article 'Its Just Time', and he rants on about 8.6 months cycles / 224 year cycles etc amongst other things, so out of curiousity I added 8.6 months from the Dow bottom in March and I get a date of 27th November 2009, so Cat/David are you sharing the same cell as Martin? Ha Ha

Let me tell You, that I'm planning on living a very long time...

but 224 year cycles FFS

I'm just getting to terms with several year ones and Lunar ones and Delta 19 year ones (when like the world seems to have a shortage of charts over 10 years)

No, never heard of him haha

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Originally Posted by adam6655nyc

Not yet, 300 pips swing for the AUD is nothing...BREAK 87 and it will stop my trade

Look at it on a 2 year history.

Cant say no more

Except for that there is over 1000 pips in that H&S that it is building between now and Your threshold.

6 months is a long time to have a position thats dying (wink)



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