lukx zline trading log + cfabian p.35 + adaseb p.48

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adaseb
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Postby adaseb » Mon May 03, 2010 9:42 am

Man it sure is one slow flat day today

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FXfreak
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Postby FXfreak » Mon May 03, 2010 10:13 am

dragon, which version of the ff-calendar do you use? there are a lot of different versions but none of them is working....

thanks!

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Postby cwn6161 » Mon May 03, 2010 12:38 pm

adaseb wrote:Man it sure is one slow flat day today


I got one!

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newark18
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Postby newark18 » Mon May 03, 2010 1:08 pm

MO,

Can you tell me if I am going in the right direction? I am starting to view the market as a battle between the pros and the herd. The pros try to create momentum and the herd merely reacts. One needs spurts of energy to generate enough momentum to cause direction. One needs a certain amount of energy to stop momentum of the herd. If I view the markets like this, I am better able to compare candles and sense direction.

If that is true, can I assume that momo is generally created by pros? So after a momo candle and retracement (resting), the subsequent S/R or MZ is created by pros? Initially, I thought it was the pros who created the retracement but I don't think that is the case anymore. It seems like a time when the pros rest, let the market come back and give a better price, cause traders to expect reversals, and then the pros go in the direction that they want.

Or I could be all off. But this is how I have been feeling the market otherwise one could fall into becoming too technical. I would appreciate any feedback.
Failure is an opportunity to learn.

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dragon33
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Postby dragon33 » Mon May 03, 2010 1:44 pm

scratty wrote:nice screen! careful the acct. nr. in the task list :-)


Doesn't matter, it is just an empty lifeaccount from Alpari.
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

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dragon33
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Postby dragon33 » Mon May 03, 2010 1:48 pm

FXfreak wrote:dragon, which version of the ff-calendar do you use? there are a lot of different versions but none of them is working....

thanks!


This one works, don't forget to check allow dll imports!!!
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FFCal_1.ex4
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FFCal_1.mq4
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Trading is like cycling, first you need to learn how.

Two options: you either lose or win!

FXfreak
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Postby FXfreak » Mon May 03, 2010 2:00 pm

Thanks!

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Postby gfg1 » Mon May 03, 2010 2:37 pm

MO thank for your charts and explanations. Was thinking of your explanations and helped to get a small piece of the last "y". Now need to heed your other advice of staying in until price closes above a line. Once again thank you.

MightyOne wrote: It is called Price Reaching.

Mostly non-momo with moments of activity to get traders heading in the wrong direction.
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Price closed over a line that you believed to be support and that is the first indication that something is WRONG-MO

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newark18
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Postby newark18 » Mon May 03, 2010 4:09 pm

Phew, finally done with this thread. Man, there is just not enough time in a day to do what I need and want to get done. I am just lucky my wife lets me pursue my passions without feeling neglected.
Failure is an opportunity to learn.

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adaseb
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Postby adaseb » Mon May 03, 2010 8:18 pm

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