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

Brian, thanks for your vantage point! What is your favorite reading material on Ichi? I don't know it much at all so I will need to read up on it to understand the predictions and interpretations. Thanks again and I appreciate you sharing your perspective.

After three rounds of golf ball to baseball size hail I miss my entry due to a power outage.

Got a 9 iron? Good chip shot practice...........(sorry you missed your trade)......UPS might help in the future......... Just trying to help.....Hope nobody got hurt and the car was in the garage......

Originally Posted by RocketMaker1000

Brian, thanks for your vantage point! What is your favorite reading material on Ichi? I don't know it much at all so I will need to read up on it to understand the predictions and interpretations. Thanks again and I appreciate you sharing your perspective.

Rocket, its my pleasure and I can honestly say that i don't have anything for you particularly for Ichimoku. I skimmed around on the internet for a couple of days learning about it and I still do occasionally. But mainly I learned all the signals and lines and applied it with Fibo to create my own system. The best way to learn an indicator is too learn all the signals, memorize them, and then start to stare at it as it evolves with price action. Everyone sees everything different and before long you will be picking out your own signals and noticing your own little "tricks of the trade". When Im researching an indicator I open up a separate chart and watch that indicator when my own signals go off to see if it would have benefit me in anyway.

Took a while and I entered where you are not suppose to but it turned out okay. I am out right Now.

I know this is not a stock forum but I saw this on ZeroHedge (a bit of a dangerous place) and it's just too funny not to post.


"Stocks off just shy of 1%, which erases most of yesterday’s gains, which erased most of Monday’s losses. After tomorrow, will you be able to say that Thursday’s gains erased most of Wednesday’s losses, which erased most of Tuesday’s gains, which had erased most of Monday’s losses? With apathy running high and conviction low, that sounds just as reasonable as anything else."

This a little brief.....Pulled off a nice bullish trade tonight myself but didn't film it. Overall a very fruitful day. This week has been especially nice actually! No down days for 6 days in a row. I wonder how long this streak will last! Only one bad trade all day! I love this market! I really, really do. I sure hope the Europeans don't screw up and implode. This is an extremely good currency to trade! Good night everyone!

Originally Posted by RocketMaker1000

Brian, thanks for your vantage point! What is your favorite reading material on Ichi? I don't know it much at all so I will need to read up on it to understand the predictions and interpretations. Thanks again and I appreciate you sharing your perspective.

Google "Basics of Ichimoku Trend Based System. wmv" and you'll get gobs of videos to watch.

Originally Posted by Fx(MIA)

After three rounds of golf ball to baseball size hail I miss my entry due to a power outage.

wow - not much point having a nice car out there - what'd you guys do to anger the gods

Going long a 1.2562,,,,I hope I am not the only one,,,,Recording this one also.

lol I know I don't know what we did to anger the Gods, But It was not fun, I tellya. I guess the saying "ever things bigger in Texas" holds true for Hail also..lol

Originally Posted by Fx(MIA)

Going long a 1.2562,,,,I hope I am not the only one,,,,Recording this one also.

lol I know I don't know what we did to anger the Gods, But It was not fun, I tellya. I guess the saying "ever things bigger in Texas" holds true for Hail also..lol

What is it that you technical traders can see that I don't. Spain, Greece, Italy and whole of Europe are in such a dire state and yet the euro still shoots up. What is hidden from us which I am not seeing?

Originally Posted by ericwong

What is it that you technical traders can see that I don't. Spain, Greece, Italy and whole of Europe are in such a dire state and yet the euro still shoots up. What is hidden from us which I am not seeing?

its in a short term uptrend - makes sense to buy near lows while this trend continues - for short term traders anyway

when we get stopped out we can then look see for opertunities to go short

the line in the sand seems to be 12440 - we may head back down near there before break higher or we may not - i just trade what i believe the most probable direction is and expect to get stopped out on a regular basis

price will do what it does - don't expect it to do what you want it to do all the time - just because you think it should

this is not about being right - its about being right often enough to make money depending on your risk/reward ratio

nothing is hidden - you just havent spent enough time learning to trade - if you stick at it long enough it will make more sense

if your strategy is hang on the shoulder other peoples trades, you may win at the beginning - but i suspect the strategy will not succeed in the long term

- just my view on things -

Originally Posted by Fx(MIA)

Going long a 1.2562,,,,I hope I am not the only one,,,,Recording this one also.

lol I know I don't know what we did to anger the Gods, But It was not fun, I tellya. I guess the saying "ever things bigger in Texas" holds true for Hail also..lol

Me too managed to join you all long @ 12569...

Originally Posted by ericwong

What is it that you technical traders can see that I don't. Spain, Greece, Italy and whole of Europe are in such a dire state and yet the euro still shoots up. What is hidden from us which I am not seeing?

(Fundamentals) For Me personally, I see Questions and Not present situations. Ask Yourself 6 months from now if Greece exits will the Euro be stronger or weaker etc....
Plus I am mostly a Tech-Guy and I rely heavily on my Indicators, for present situations and not current fundamental News .....but don't that wrong news is important!!

My chart



"Allez les Bl€us !!!"

Have a nice day