FOREX - Trends, Forecasts and Implications (Episode 5: July 2011) - page 195
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My view of the market...
Long term and safe, but is it worth it?
I feel comfortable trading this way. The principle of opening and "forgetting". No need to be constantly at the computer. Yes, there are a lot of advantages for the sake of which it is worthwhile.
This is a demo, the link to monitor onyx is in my profile.
A line from a national song: "I got that, you got that, I got that".
The market is like an animal, you will never know what is in its mind at the moment, and a trader is like a trainer - he must always be on guard, once he enters the cage. You have to find ways to control the beast without entering the cage.
Guys, I'm sorry. Are you saying that the Euro will go down? When?
By the way, tell me a good info site where you can read the news normally.
As Pussycat Matroskin used to say: "We have the means - we don't have the brains...".
Hmmm... If it gets to 1.4270, it could go up another hundred pips.
I wonder if this view, in any way, can fit within the concept of waves?
look at H4 for a start ... this is as one of the upside options - but there is also a higher upside option
Look at H4 for a start ... that's as one of the upside options - but there is also a higher upside option
Another look at the same rise:
2 differently directed butterflies were formed, the one going down is not yet confirmed and may be canceled, and on the upper one, though, stop-loss is huge (will be moved to the target when and if the lower butterfly is canceled by the price going up above 1.43)
The American unemployment and Bernanke's speech may move the price up as well as down. Watch.
Another look at the same growth:
There are 2 differently directed butterflies, the one going down is not yet confirmed and may be cancelled, and it is time to put a stop loss, though (it will be moved to the target when and if the lower butterfly is cancelled by the price's passage upwards above 1.43)
The American unemployment and Bernanke's speech may move the price up as well as down. Watch.
Where can turn (strong and not very strong) where !!! probability of reversal is oooh very high. + on D1 there is an Ishimoku cloud ...the senkoy line Span B- strong resistance