Hmmmmmm
OK, I'm going back to page one.
Trading I've found has NOTHING to do with technicals and EVERYTHING to do with what you believe. Crazy stuff it tis.
mook - LOG
Moderator: moderators
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- Jalarupa
- rank: 1000+ posts
- Posts: 1300
- Joined: Tue Feb 23, 2010 5:50 pm
- Reputation: 324
- Location: South Africa
- Gender:
prochargedmopar wrote:Hmmmmmm
OK, I'm going back to page one.
Trading I've found has NOTHING to do with technicals and EVERYTHING to do with what you believe. Crazy stuff it tis.
Over the past 6 months of watching the market and reading the fundamentals everyday on RSS I have to note that its kinda the other way around... The fundamentals for me follow the technicals... like Fibonacci and wave cycles...
Only in freak occurrences like natural disasters do the charts do anything that is not really technically sound but they will return to normality the instance that behaviour has been priced in.
I mean look at this past week on the Euro Dollar pair...
The panic got blamed on Greek banks defaulting but the story was written long before in the technicals...
BODY IN PROFIT - WICK IN LOSS
IT MAKES SO MUCH SENSE...
FUNDAMENTALS SEEM TO ARRIVE AFTERWARDS AS A WAY OF JUSTIFYING THE EVENT...
[edit] i apologise for the small pictures but image shack is being lame
also the 15000 was a bit of an exaggeration but you get my point... i hope
mook wrote:yes. on more pairings.
I realized in the last few months that this game is best played by a machine that is as intuitive as the trader who has designed it.
90% of all trades are done by high frequency traders using black boxes designed by quants working for the banks and brokerages.
Neural network access at my university has given me the tools to create this.
Again, trading manually is profitable, the only difference is I don't have to sit in front of my screens for 10hrs a day, and 'I' will be able to observe/trade multiple pairs at once.
Good luck
Okay sounds good
BTW, you deleted your charts? They were very helpful
Completely agree with you Jal.
Its like new just make things happen faster and spreads go wider so people get taken out or are scared to make their money faster.
Its like new just make things happen faster and spreads go wider so people get taken out or are scared to make their money faster.
Jalarupa wrote:prochargedmopar wrote:Hmmmmmm
OK, I'm going back to page one.
Trading I've found has NOTHING to do with technicals and EVERYTHING to do with what you believe. Crazy stuff it tis.
Over the past 6 months of watching the market and reading the fundamentals everyday on RSS I have to note that its kinda the other way around... The fundamentals for me follow the technicals... like Fibonacci and wave cycles...
Only in freak occurrences like natural disasters do the charts do anything that is not really technically sound but they will return to normality the instance that behaviour has been priced in.
I mean look at this past week on the Euro Dollar pair...
The panic got blamed on Greek banks defaulting but the story was written long before in the technicals...
BODY IN PROFIT - WICK IN LOSS
IT MAKES SO MUCH SENSE...
FUNDAMENTALS SEEM TO ARRIVE AFTERWARDS AS A WAY OF JUSTIFYING THE EVENT...
[edit] i apologise for the small pictures but image shack is being lame
also the 15000 was a bit of an exaggeration but you get my point... i hope
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
What happen to your charts mook?
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- aliassmith
- rank: 5000+ posts
- Posts: 5057
- Joined: Tue Jul 28, 2009 9:50 pm
- Reputation: 2847
- Gender:
Belkin wrote:Completely agree with you Jal.
Its like new just make things happen faster and spreads go wider so people get taken out or are scared to make their money faster.Jalarupa wrote:prochargedmopar wrote:Hmmmmmm
OK, I'm going back to page one.
Trading I've found has NOTHING to do with technicals and EVERYTHING to do with what you believe. Crazy stuff it tis.
Over the past 6 months of watching the market and reading the fundamentals everyday on RSS I have to note that its kinda the other way around... The fundamentals for me follow the technicals... like Fibonacci and wave cycles...
Only in freak occurrences like natural disasters do the charts do anything that is not really technically sound but they will return to normality the instance that behaviour has been priced in.
I mean look at this past week on the Euro Dollar pair...
The panic got blamed on Greek banks defaulting but the story was written long before in the technicals...
BODY IN PROFIT - WICK IN LOSS
IT MAKES SO MUCH SENSE...
FUNDAMENTALS SEEM TO ARRIVE AFTERWARDS AS A WAY OF JUSTIFYING THE EVENT...
[edit] i apologise for the small pictures but image shack is being lame
also the 15000 was a bit of an exaggeration but you get my point... i hope
For the big picture news events get priced in, but supply and demand areas
still hold until the news events change psychology. The news also brings
more liquidity so levels get hit faster and can run through s/d levels easier.
At least thats how I see it.
Trade Your Way as Long as It Makes Money!
I thought the rule was to stay out of news.
** just to answer some emails.
1. h4 zlines/0,50,100. are major s/r lines. Again, the structure is the h4.
2.Price moves within the structure, from s/r to sr
3. You're looking for momo off the m5 to trade within the h4.
That's it people.
I won't be able to post as much, but i'll check in from time to time. Good luck. ** Don't know wtf happened to my charts.
** just to answer some emails.
1. h4 zlines/0,50,100. are major s/r lines. Again, the structure is the h4.
2.Price moves within the structure, from s/r to sr
3. You're looking for momo off the m5 to trade within the h4.
That's it people.
I won't be able to post as much, but i'll check in from time to time. Good luck. ** Don't know wtf happened to my charts.
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
mook wrote:I thought the rule was to stay out of news.
** just to answer some emails.
1. h4 zlines/0,50,100. are major s/r lines. Again, the structure is the h4.
2.Price moves within the structure, from s/r to sr
3. You're looking for momo off the m5 to trade within the h4.
That's it people.
I won't be able to post as much, but i'll check in from time to time. Good luck. ** Don't know wtf happened to my charts.
Thanks for re-cap, keeps us focused on simplicity.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.