You have a good eye on spotting the patterns as they are evolving or getting completed. Good observing and great skills.... KUDOS to you unless you prefer Hardees.........................
GL.............
i am a small person among giants in this field , so i appreciate. your comment.KUDOS is fine
Last edited by nopainnogain; 06-24-2010 at 03:04 PM.
Thank you very much indeed for your encouragement..
You're welcome. You're doing great.
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you arent sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
Email me with your questions and Ill introduce you to the community and point you in the right direction. I look forward to hearing from you.
Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
i am a small person among giants in this field , so i appreciate. your comment.
It's not about small or giants.. It's all about the effort.. I know it is not easy to come and post where who knows how many ppl are watching but getting involve into the game one picks up style and the know about the mkt.. It all pays off... 8 yrs+ and I still learn a thing or two on regular basis....
Also KUTERO.............. You too are a new value added trader to this forum and KUDOS OR HARDEES, which ever you prefer on your way... YES, you can order both and would not be a problem..........
my inital tgt of 2330 is met.. I'm grinding as I have a single lot that was honored as there were 2 more at 2389 and 2394 waiting which was not the case...
TO BE OR NOT TO BE IS THE QUESTION....
have scalped successfully on gbp and euppy... plus a decent trade on euro..
Im holding on to it to see where the close is coming.....
GL........
Last edited by stryker; 06-24-2010 at 03:02 PM.
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
What are the blue and white indicators? Is it the 50 day or 100 day moving averages?
Compiled from my previous messages.
MOST: MOving SToploss
which was prepared a Turkish programmer.
Like as EMA with parameters 5 and 9 but working principle and commentary are little bit different..
This indicator shows the stoploss or buying and selling points..
blue-white: short terms
orange:long terms.
parameters can vary depends on trader's profile..
Basic rule:
The empty area between price bar and indicator to be covered in the end..
Like as magnet effect..
There are two ways..
1- Price bar goes to the indicator..Especially after hardly falling or rising movements..Pull back appears on the short terms..
2- Price bar waits on the horizontal level, for approaching of the indicator..
This type occurs during well planned fall or rising movements..
Like as intermediate resting area..Cooling the overheated macd/rsi..
----
Note:
I will prepare a message in weekend regarding more detailed explanation of the MOST indicator and put the link in my signature for easy finding.. .
which was prepared a Turkish programmer.
Like as EMA with parameters 5 and 9 but working principle and commentary are little bit different..
This indicator shows the stoploss or buying and selling points..
blue-white: short terms
orange:long terms.
parameters can vary depends on trader's profile..
Basic rule:
The empty area between price bar and indicator to be covered in the end..
Like as magnet effect..
There are two ways..
1- Price bar goes to the indicator..Especially after hardly falling or rising movements..Pull back appears on the short terms..
2- Price bar waits on the horizontal level, for approaching of the indicator..
This type occurs during well planned fall or rising movements..
Like as intermediate resting area..Cooling the overheated macd/rsi..
----
Note:
I will prepare a message in weekend regarding more detailed explanation of the MOST indicator and put the link in my signature for easy finding.. .
It's not about small or giants.. It's all about the effort.. I know it is not easy to come and post where who knows how many ppl are watching but getting involve into the game one picks up style and the know about the mkt.. It all pays off... 8 yrs+ and I still learn a thing or two on regular basis....
Also KUTERO.............. You too are a new value added trader to this forum and KUDOS OR HARDEES, which ever you prefer on your way... YES, you can order both and would not be a problem..........
my inital tgt of 2330 is met.. I'm grinding as I have a single lot that was honored as there were 2 more at 2389 and 2394 waiting which was not the case...
TO BE OR NOT TO BE IS THE QUESTION....
have scalped successfully on gbp and euppy... plus a decent trade on euro..
Im holding on to it to see where the close is coming.....
GL........
Stryker, you are the man too!!! Shout out to the forgotten: Stan, Grin, Nopain!!! Once again the EW counts you guys provided was priceless. To the Captain, you already know that I've been enjoying your setups for almost three weeks now, shout out to you for making your way over to the GU forum, oh yeah baby!!! Now back to technicals!
W(b) of B may have completed at today's top, in the form of a zigzag and possible RightShoulder. The 2405 level is not out of the question, so 2260 would have to break for confirmation, IMO. Possible bumps in the road are 2319 & 2277 before confirming w(b) of B completion(2260 break). My soft targets for w(c) of B is 2139ish, along w/ the bumps. Will update targets when bearish or bullish view is validated.
A-Yo Bro
Go ahead switch the style up' And if they hate then let them hate and watch the money pile up.'
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.