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SeekingLight replied Jan 13, 2008Quite frankly I am highly interested in these(projection targets / size) since I am trying to match up monthly s/r areas with all this
If you'd like to share any of the methods on how to calculate the target or the target itself, it'd always be ...Igrok Method. Q's & A's. Comments, thoughts and ideas
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SeekingLight replied Jan 13, 2008Well yea, but the DJI can move 500 points in but 2 days and GJ dropped all of 1800+ pips in just 3 weeks...during the first unwind step it fell 2400 pips in 3 weeks..dimensions literally explode when conditions excaberate moves :o
...Trading the Supermodel Indicator
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SeekingLight replied Jan 13, 2008So do you feel that after 2 months this scenario url url has turned around and that the bear market has ended/is ending soon? If so, how has your (in my perception of those earlier posts)pessimism about the Fed's ability to affect a change with ...
Trading the Supermodel Indicator
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SeekingLight replied Jan 12, 2008Well I am trying to change a bit more over into avoiding setting too near targets / fixed close out points. Price should say when to exit, not me, etc pp. As for the question I'm afraid there's no satisfying answer as with discretion based trading ...
james16 Chart Thread
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SeekingLight replied Jan 11, 2008Dunno as long as EURGBP doesn't give up I'd rather stick to EUR for selling USD. And then in turn - if EURJPY is to fall more => USDJPY is even better yet. And if GBPUSD is going up, who needs to outperform to make GJ go lower? All signs point ...
james16 Chart Thread
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SeekingLight replied Jan 11, 2008Well I already mentioned the GBPUSD exception because I feel that one may have the chance of actually TURNING the trend. The others may or not have worked for a WHILE(and for really decent profit, sure), but I don't believe they "turned the trend". ...
james16 Chart Thread
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SeekingLight replied Jan 10, 2008This actually sounds interesting. What about the preconditions again? 6 Quarters of profits and all that? And why on earth not go with Oanda, IBFX is one of the worst feeds and spreads I have ever seen. Also MT4 trading is VASTLY inferior to the ...
Would I have any takers?
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SeekingLight replied Jan 10, 2008Don't try to bend the trend with a single hand.. The same trigger-and-fakeout happened to me on Gold before..I had my own reason to believe there was at least a chance that Gold might get another push, temporary or not, and therefore kept my long ...
james16 Chart Thread
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SeekingLight replied Jan 10, 2008I really wouldn't know...but I can tell you that weeding out the good trades from the bad("it kinda sorta could perhaps look like a 2 pips 5 Minute pin bar!") will most likely have quite an impact, as will have trading only ever in ONE direction ...
james16 Chart Thread
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SeekingLight replied Jan 10, 2008Ah now that sounds a bit different than "one way ticket up" doesn't it? ;p To me that's retracing, not going up
Obviously nothing will be decided until either that 107-108 area monthly TL goes or 114 passed again to the upside..I'm trying to be a ...james16 Chart Thread
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SeekingLight replied Jan 9, 2008Happy new year to you, too
I'm always kind!
Only sometimes mean... I also don't believe a lot in news or a lot of fundamentals..I think rate differentials are about the biggest thing that matters and that's about it..all that who said what ...USDCAD trend reversal?
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SeekingLight replied Jan 9, 2008Putting the topic aside for a second: these are the concepts, ideas and thoughts one should have in mind when seeing the market and trying to understand behavior eventually as the zig-zag / 123 nature of everything is pretty critical to one's own ...
Corrections
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SeekingLight replied Jan 9, 2008Nicely done marketwavez...do you think Wave C is over? Are you seeing the 5 waves down as a bigger 1, the ABC as the 2 forming, then a 3 past the 12345 = 1 low on to new swing lows below 0.9755 eventually? Just curious whether you have a bigger ...
USDCAD trend reversal?
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SeekingLight replied Jan 9, 2008Basically what happened. Price retested prior TL underside and higher s/r area, fell back down, lost the TL, testing the 2007 low / s/r as noted in prior comments as I type this. No surprises. IMHO - forget about the over-obsessing about ...
Say, about that unwind...
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SeekingLight replied Jan 9, 2008BEB = bearish bar (any old "red" bar really; close < open) BUB = bullish bar (any old "green" bar really; close > open)
james16 Chart Thread
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SeekingLight replied Jan 9, 2008You haven't mentioned a timeframe. Also people always imho use the terms trend and correction and "big" so loosely it's pretty futile trying to guess by the words alone.
Corrections
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SeekingLight replied Jan 9, 2008(even though not pertaining to the AH) Jacko has written/posted that he's got/had/traded both longer term positions as well as the 50 TS ones. Personally I feel the longer term goal in mind ones are the really interesting ones.
Jacko's Forex House of Pleasure and Pain
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SeekingLight replied Jan 9, 2008About the "how come there are millionaire makers books out there": Nobody is saying there are no Leonardo Da Vinci's, Michelangelo's, Mozarts..or if you prefer: Warren Buffet etc pps... The question just is how much hubris it is to think that each ...
$100 to $100K in 1 year...