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2+2=4ex replied Feb 7, 2013Gnarly, you are one cool guy. I dig your style and all but holy cow that is a big stretch. Human hormones are responsible for today's price of gold, oil, etc?! Haha. I hear you on the nature stuff. That makes sense. Just don't think it applies to ...
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- 2+2=4ex replied Feb 7, 2013
Thanks man. Thanks for the photo too!
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- 2+2=4ex replied Feb 7, 2013
Okay that's fine and all. I won't disagree with any of the 5-3 is most efficient stuff. Mainly cause I'm not an engineer. But let me ask you this then... how do you differentiate between 5-3 and 5.35-3.53? Or how about 5.3535-3.5353? It goes on and ...
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- 2+2=4ex replied Feb 7, 2013
See this is where I fail to make a connection with this fibonnaci and trading thing. What the hell does a leaf's structure have to do with millions of humans participating in a market??? Maybe if all the humans were on the same page and trying to ...
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- 2+2=4ex replied Feb 7, 2013
We're going totally off course here. I do think the fib sequence may have some reason for it's presence in nature - efficiency or what not. I just don't believe it has much (if anything) to do with trading.
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- 2+2=4ex replied Feb 7, 2013
If you're long on AUD/USD, you don't need to panic yet (unless you're overleveraged). So long as you have a reasonable position size to endure a move down to about 1.0170 +/- without having a large drawdown, then you may be okay in the end. I would ...
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- 2+2=4ex replied Feb 7, 2013
Disclaimer: Not trying to be a contrarian here. I'm just stating my opinion and looking for rationale discussion. I don't see any use in EWP. I respect every trader that uses EWP (some of which are here on this thread) and I would never be so ...
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- 2+2=4ex replied Feb 7, 2013
Oh you know why. Or do you ask it in a rhetorical fashion?
95% trades posted on Forex Factory are winners. What happens?
- 2+2=4ex replied Feb 7, 2013
True - price/value is determined by supply-demand. I think what you are trying to get at is whether S-D is manipulated. Regardless, overall S-D does determine price.
Myths and Legends
- 2+2=4ex replied Feb 6, 2013
Sort of like: history repeats itself.
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- 2+2=4ex replied Feb 6, 2013
The way I see it from a technical standpoint there could be a nice drop here. That's not to say the trend has reversed on a larger time frame (weekly+).
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- 2+2=4ex replied Feb 6, 2013
Looking at a 5 minute chart, if price can't get above 1.358 and hold, it could drop to 1.310-1.320 in no time.
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