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  • #10,381
  • Sep 20, 2011 1:45am Sep 20, 2011 1:45am
http://img32.imageshack.us/img32/761...h320092011.png

Just to post a quick update on XAUUSD H3. PA cracked 50 fibo @ tech confluence with TL. Currently floating @ MP. Want to see highlighted area cleared, before proceeding to the final TP.
  • #10,382
  • Edited 2:35am Sep 20, 2011 2:21am | Edited 2:35am
Quoting realjumper
I don't want to fight with you either....no matter what you think.

I looked at the link in your post and it clearly shows a fork drawn well after the fact, not before it.

I understand that you're not here to post trades for other people..and that's fair enough. It's not fair however, to post chart after chart after chart when the moves have already been. What can anyone possibly learn from that??

If you truly want to show a trading methodology, you would show these forks, correctly drawn, *before* the move......not after it has completed. ForexFactory...
This is nuts.....Look at posts 10410 and 10423 which show the evolution of the formation.......

I'm posting charts to show IN RETROSPECT the trades and the reasons behind them. If you don't consider them to be helpful or educational, that's fine - but others do.

If you think I am not drawing forks "correctly" again you had better look at my previous posts....

beeb
  • #10,383
  • Edited 2:34am Sep 20, 2011 2:22am | Edited 2:34am
nice pa and candle formation on the 5 min. as we pushed up from daily lows area towards daily trend guide area 1795.
Eyes open as bias is down for the day till we start trading on the other side of 1795 .
stronger monthly trend guides retest of 1757 holding its ground and spells bull this session .
  • #10,384
  • Sep 20, 2011 2:40am Sep 20, 2011 2:40am
Quoting realjumper
What I'm looking for is a re-test of the daily pivot at 1792.9 (or thereabouts), before a drop to S1 at 1758.9 and then possibly S2 at 1736.6. A convincing break of the daily pivot will, of course, invalidate this.

The PA might drop without testing the pivot too.....in which case I will miss my entry, but that the way it goes!!

I'm not too worried about the longer term at this stage.....it's difficult to know what's in store for the long term, so Intraday trading of this pair is best for me at the moment
Haven't got the pivot test that I have been waiting for, but this might be as close as it's going to get......Still waiting though.....
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,385
  • Sep 20, 2011 2:44am Sep 20, 2011 2:44am
Quoting realjumper
Haven't got the pivot test that I have been waiting for, but this might be as close as it's going to get......Still waiting though.....
patience, look to NY session for answer.
eye on silvers 39.95 response also.
  • #10,386
  • Sep 20, 2011 2:47am Sep 20, 2011 2:47am
Quoting beeb
This is nuts.....Look at posts 10410 and 10423 which show the evolution of the formation.......

I'm posting charts to show IN RETROSPECT the trades and the reasons behind them. If you don't consider them to be helpful or educational, that's fine - but others do.

If you think I am not drawing forks "correctly" again you had better look at my previous posts....

beeb
This is your chart from post 10410.......*clearly* posted after the fact. Did you draw this setup before the move?......or did you draw the fork to suit that move after the move already finished???

How would anyone here know?
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,387
  • Sep 20, 2011 2:48am Sep 20, 2011 2:48am
Quoting lilpip
patience, look to NY session for answer.
Yes....could be
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,388
  • Sep 20, 2011 3:04am Sep 20, 2011 3:04am
Quoting realjumper
This is your chart from post 10410.......*clearly* posted after the fact. Did you draw this setup before the move?......or did you draw the fork to suit that move after the move already finished???

How would anyone here know?

It was drawn after the first UP touch - whether you believe me or not is irrelevant - as the point I was trying to illustrate was the EVOLUTION of the short trade.....

Again, I am not trying to post trades for people IN ADVANCE, I am trying to show how a methodology works. It's obviously no use to you so just ignore it......

Still waiting to hear why my forks are not "correct"

beeb
  • #10,389
  • Sep 20, 2011 3:05am Sep 20, 2011 3:05am
Quoting realjumper
Haven't got the pivot test that I have been waiting for, but this might be as close as it's going to get......Still waiting though.....
Hi all
I expect gold to rise this week
FED will buy more paper and ink to print more money ,If anyone trades stock , should buy the companies that produce paper and ink this is for fun .

Happy trading to all
  • #10,390
  • Sep 20, 2011 3:06am Sep 20, 2011 3:06am
Quoting beeb
This is nuts.....Look at posts 10410 and 10423 which show the evolution of the formation.......

I'm posting charts to show IN RETROSPECT the trades and the reasons behind them. If you don't consider them to be helpful or educational, that's fine - but others do.

If you think I am not drawing forks "correctly" again you had better look at my previous posts....

beeb
Most of us that view the forks and the patterns, pa, support and resistance along with trend Identification that they bring out very much appreciate them, keep up the good work.
I do realize though that because of time constraints the understanding of them may be confusing to some and the value is lost.
  • #10,391
  • Sep 20, 2011 3:18am Sep 20, 2011 3:18am
Quoting beeb
It was drawn after the first UP touch - whether you believe me or not is irrelevant - as the point I was trying to illustrate was the EVOLUTION of the short trade.....

Again, I am not trying to post trades for people IN ADVANCE, I am trying to show how a methodology works. It's obviously no use to you so just ignore it......

Still waiting to hear why my forks are not "correct"

beeb
So in all the charts you post, after the fact, you are trying to show the "evolution" of the trade......yeah.....right-o then

And no, I don't believe you.......you give me no reason to.....just post a few charts ahead of the move and we'll see.

I already mentioned a few pages back.....that the median line is the first and most important line......the other two are parallels of that median line. The median line is drawn from a *specific* point.....it is not drawn to simple bisect a channel. You can only draw a channel after the fact (obviously), and to just draw a median line in a channel does not make a valid Andrews Pitchfork.

I posted a link a few pages back for those who may be interested, but here it is again.....it shows the basics of drawing a valid Andrews Pitchfork.....ahead of the PA instead of after the PA. Andrews Pitchfork basics
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,392
  • Sep 20, 2011 3:28am Sep 20, 2011 3:28am
Quoting realjumper
Yes....could be
Ok...we got the pivot bounce....the stochastic cross and rollover.....candles look ok......so I am in short from 17900. SL at 1798. First target is S1 (1759).
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,393
  • Sep 20, 2011 3:31am Sep 20, 2011 3:31am
Quoting realjumper
So in all the charts you post, after the fact, you are trying to show the "evolution" of the trade......yeah.....right-o then

And no, I don't believe you.......you give me no reason to.....just post a few charts ahead of the move and we'll see.

I already mentioned a few pages back.....that the median line is the first and most important line......the other two are parallels of that median line. The median line is drawn from a *specific* point.....it is not drawn to simple bisect a channel. You can only draw a channel after the...

Suggest you look up Schiffs and Modified Schiffs before making further accusations - and that link you posted is appropriately titled "basics"



beeb
  • #10,394
  • Sep 20, 2011 3:32am Sep 20, 2011 3:32am
lets see what this retest of 1795 has to say on the 5 min.
  • #10,395
  • Sep 20, 2011 3:37am Sep 20, 2011 3:37am
Quoting realjumper
Ok...we got the pivot bounce....the stochastic cross and rollover.....candles look ok......so I am in short from 17900. SL at 1798. First target is S1 (1759).

  • #10,396
  • Sep 20, 2011 3:38am Sep 20, 2011 3:38am
Quoting beeb
Suggest you look up Schiffs and Modified Schiffs before making further accusations - and that link you posted is appropriately titled "basics"



beeb
LOL........I said the link was the basics of the Andrews Pitchfork.....why do you repeat that? It wasn't posted for you specifically, it was posted for others who may like to know how pitchforks are drawn.....that's why it is the 'basics'

Yes, I have read about, and played with Schiffs and Modified Schiffs.....but as I have been saying.....drawing channels and bisecting them after the fact does not make valid forks....schiffs or not. Of course any time you'd like to ....ummm....enlighten me, please feel free to draw some forks etc *before* the fact.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,397
  • Sep 20, 2011 3:39am Sep 20, 2011 3:39am
Quoting Warwick
Problem?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,398
  • Sep 20, 2011 3:43am Sep 20, 2011 3:43am
Quoting realjumper
Problem?

No problem. Your trade = Your money

none at all sir.

couldn't help but notice the location of your sl; your making it way too easy... I could be wrong however.
  • #10,399
  • Sep 20, 2011 3:43am Sep 20, 2011 3:43am
Quoting realjumper
Ok...we got the pivot bounce....the stochastic cross and rollover.....candles look ok......so I am in short from 17900. SL at 1798. First target is S1 (1759).
http://img842.imageshack.us/img842/6...m520092011.png

Ill wait for 50 fibo + TL tech confluence before going short.
  • #10,400
  • Sep 20, 2011 3:49am Sep 20, 2011 3:49am
Quoting Warwick
No problem. Your trade = Your money

none at all sir.

couldn't help but notice the location of your sl; your making it way too easy... I could be wrong however.
As could I. I have to stick to my rules, and I don't win every trade. Perhaps this one will stop me out. Perhaps that will cause you to be happy.

Either way, it's no problem. The problem comes when you disobey your own rules, because then you may as well have no rules.

So far my rules have served me well, and that's ll I need to concern myself with.

Can I win every trade? Hell no. Can I win more than I lose.....most certainly, and that's all you, I and anyone has to do
Doing what you like is Freedom. Liking what you do is Happiness.
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