Why it is possible to predict price movement? | Page 28 | Metals Mine

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Why it is possible to predict price movement?

  • #541
  • Oct 28, 2015 2:51am Oct 28, 2015 2:51am
Quoting Mingary
{quote} Thanks, I am short from "peak 2" (10727 now at BE, TP below "peak Low") (:
As a side note, level 1 rise as indicated has no real retrace, level 2 as indicated, may actually be level 1 rise and retrace...

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #542
  • Oct 28, 2015 3:09am Oct 28, 2015 3:09am
Continue to monitor volume for exhaustion.... I would like to see more pins and trapping action at the HH so this may not be done yet... volume drying up is the indicator as well as a test and fail of the HH, leading to the LH and price falling below the BUMP trend line...

-CJ-
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A man is not defeated when he is beaten, he is defeated when he quits.
  • #543
  • Oct 28, 2015 3:12am Oct 28, 2015 3:12am
some oil trades.

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  • #544
  • Edited 3:46am Oct 28, 2015 3:32am | Edited 3:46am
Quoting Captain Jack
{quote} For you ball seekers...perhaps you are looking for balls in the wrong place?? Students with the same illusions as I have put their balls on the line everyday, IN A POSITIVE ENVIRONMENT... where they help each other become better traders, with no belittlement from the naysayers.... It's easy because their are no naysayers there, only believers in the illusion... -CJ- {image} {image} {image} {image} {image} {image} {image} {image} {image} {image}
Excuse me but those are all trade in profit. I literally suck at trading but believe me I could open random trades every morning and post the winners and all the people here would think that I'm a pip machine and get a high impact mark easily and they would beg me to teach them how to trade. This is how FF works. There is a big difference between this and JRissa. Btw I'm not saying necessarily that you can't and those aren't real. Will follow chf for that barf.
  • #545
  • Oct 28, 2015 3:40am Oct 28, 2015 3:40am
Quoting Mag357
{quote} Excuse me but those are all trade in profit. I literally suck at trading but believe me I could open random trades and post the winners and all the people here would think that I'm a pip machine and get a high impact mark easily. There is a big difference between this and JRissa.
If you suck at trading as you do, then perhaps you can benefit from random trades in profit, posted by traders who do not suck at trading. That is if it if improving your trading is your goal.

As for those traders actually posting here, it probably won't happen due to the accepted attitudes and levels of disrespect that are allowed to permeate these forums. Opposing and dissenting discussion is welcome, disrespect shown to others is not.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #546
  • Oct 28, 2015 3:41am Oct 28, 2015 3:41am
Quoting Mag357
{quote} Excuse me but those are all trade in profit. I literally suck at trading but believe me I could open random trades every morning and post the winners and all the people here would think that I'm a pip machine and get a high impact mark easily and they would beg me to teach them how to trade. This is how FF works. There is a big difference between this and JRissa.
You appear to be a materialisation of peer pressure.
  • #547
  • Oct 28, 2015 3:47am Oct 28, 2015 3:47am
Trading as I experience it is not a prediction game, i think we should not focus on predicting where the market's headed, but find a tool-set of tools and an approach that provide us with trade setups to initiate. These tools should provide trade setups with a slightly higher chance of success than failure, along with good risk-reward positions.
The Technician
  • #548
  • Oct 28, 2015 3:48am Oct 28, 2015 3:48am
Captain Jack;

I have to say, from what I briefly read from your thread at stevehopwoodforex, I'm impressed.

Definately going to read it through, as these three levels/pushes could improve my trading as well. You also seem to be able to see what is happening on the charts maby even better than me and traderathome did at our best... I'm thinking that you might provide me the last missing piece I'm after.

Great job and you sir are truly awesome to share all this you know

Thank you!
Have a great day trading
I know the secret...
  • #549
  • Oct 28, 2015 3:48am Oct 28, 2015 3:48am
Quoting kprsa
{quote} You appear to be a materialisation of peer pressure.
People with illusions of negativity are often frustrated when they realize that they can not force their illusions onto others.... They can not understand why an illusion, that is real to them, their negativity, can't be seen by those who are not affected by it. They will never understand that it does not exist in those whom they are trying to convince.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #550
  • Oct 28, 2015 3:49am Oct 28, 2015 3:49am
Quoting albchr
{quote}The worst this trade can do now is add a little to my account as it's covered cost+. {image}
So, that was bumped out for cost+ but being that "line" marks an "area" plotted off the daily, I figure being 12 pips off isn't "too" bad. .. So back in, double size, covered and we'll see. Structure looks promising but far from out of the woods to run the daily pattern. The point is, it costs me nothing to find out due to projecting the area ahead of time.

Anyway, apologies CJ. I have no intention of flooding the thread with this crap. (mine already is ... lol) Just making the point.
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Ghost Rider - WWTBMD?
  • #551
  • Oct 28, 2015 3:53am Oct 28, 2015 3:53am
Quoting JRissa
Some more to talk about. {image} {image}
EURJPY update as I "see"

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Cannot be right all the time, but sharing thoughts
I know the secret...
  • #552
  • Oct 28, 2015 3:55am Oct 28, 2015 3:55am
Let me illustrate by an example, in this chart we had multiple reasons to initiate a long trade as the price was hitting a main horizontal support, a rising trend, a fibonacci retracement, and going to the four-hour chart we have witnessed a hammer candlestick pattern. Thats why it was a good place to go long with overall trend, and a tight stop below that support area.

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We should act when a trade present it self, not try to constantly try to predict.
The Technician
  • #553
  • Oct 28, 2015 3:55am Oct 28, 2015 3:55am
Quoting Mag357
{quote} believe me I could open random trades every morning and post the winners and all the people here would think that I'm a pip machine and get a high impact mark easily and they would beg me to teach them how to trade. This is how FF works.
Then go ahead if that high mark is what matters to you. I agree it means nothing today. Years ago it did as the only way to get one was to have other high ranking members "vouch" for you. But now, all you need is enough folks "interested" in what your posting and subscribe to you. So it can have nothing to do with trading.

As if that silly red mark really means anything anyway ...

If you can't read a trader by his/her words and trades, it's rather pointless anyway ... no?
Ghost Rider - WWTBMD?
  • #554
  • Oct 28, 2015 3:57am Oct 28, 2015 3:57am
Quoting JRissa
Captain Jack; I have to say, from what I briefly read from your thread at stevehopwoodforex, I'm impressed. Definately going to read it through, as these three levels/pushes could improve my trading as well. You also seem to be able to see what is happening on the charts maby even better than me and traderathome did at our best... I'm thinking that you might provide me the last missing piece I'm after. Great job and you sir are truly awesome to share all this you know Thank you! Have a great day trading
Thanks JRissa and what you have just said is the key to what I am trying to do. To incorporate what you may pick up, into your own individual trading style. The missing piece, as you put it. So many people get so close to really trading successfully, each and every day, but they just need that little bit "extra" to make a life changing leap in their success.

No one is going to be able to clone me and trade like I do. None of the people in the other thread trade like I do, but they have incorporated that "missing piece", into their strategy and lo and behold, success!

Thanks for the kind words and I wish you success in your journey. It's comments like that and results like those shown that keep me coming back to these forums time and time again.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #555
  • Oct 28, 2015 3:58am Oct 28, 2015 3:58am
Quoting kprsa
some oil trades. {image}
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  • #556
  • Oct 28, 2015 4:01am Oct 28, 2015 4:01am
Quoting albchr
{quote} So, that was bumped out for cost+ but being that "line" marks an "area" plotted off the daily, I figure being 12 pips off isn't "too" bad. .. So back in, double size, covered and we'll see. Structure looks promising but far from out of the woods to run the daily pattern. The point is, it costs me nothing to find out due to projecting the area ahead of time. Anyway, apologies CJ. I have no intention of flooding the thread with this crap. (mine already is ... lol) Just making the point. {image}
You must remember that I am not the OP of this thread, he is responsible for my presence. And, no worries about flooding the place, any and all charts and discussion is always welcome. The day I stop learning is the day they plant me, but then again, that is the day of awakening and the truth will be revealed! Can't even get a damn day off when ya kick it! )

You just never know which chart you are going to be looking at when the light starts shining brighter!

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #557
  • Oct 28, 2015 4:03am Oct 28, 2015 4:03am
Quoting JRissa
Captain Jack; I have to say, from what I briefly read from your thread at stevehopwoodforex, I'm impressed. Definately going to read it through, as these three levels/pushes could improve my trading as well. You also seem to be able to see what is happening on the charts maby even better than me and traderathome did at our best... I'm thinking that you might provide me the last missing piece I'm after. Great job and you sir are truly awesome to share all this you know Thank you! Have a great day trading
BTW, those 3 pushes and 3 levels that the MM's use in their trading cycle are also what's been marketed as "Elliot Waves"... nice name to give them when you want to sell it to others...

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #558
  • Oct 28, 2015 4:03am Oct 28, 2015 4:03am
Quoting albchr
{quote} Then go ahead if that high mark is what matters to you. I agree it means nothing today. Years ago it did as the only way to get one was to have other high ranking members "vouch" for you. But now, all you need is enough folks "interested" in what your posting and subscribe to you. So it can have nothing to do with trading. As if that silly red mark really means anything anyway ... If you can't read a trader by his/her words and trades, it's rather pointless anyway ... no?
Matters to me? Maybe to you. How didn't you get the point?
  • #559
  • Oct 28, 2015 4:04am Oct 28, 2015 4:04am
Hello , i learned some fibo level today in AU Daily chart
61.8 @ 0.7084
100 @ 0.7013
138.2 @ 0.6943
161.8 @ 0.6898

Is this correct values for support level
  • #560
  • Oct 28, 2015 4:09am Oct 28, 2015 4:09am
Quoting Captain Jack
{quote} You must remember that I am not the OP of this thread,
I know. But you kind of adopted it. ... lol
Ghost Rider - WWTBMD?
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