
paper trade on gbpusd
Caveat Emptor

Caveat Emptor
Yup... besides bread, there needs to be plenty of money too... hehehe...
Just jesting...
... just some little little things .. happy to share ... glad even if a single person finds them useful / inspiring / amusing ..
after all , man does not live on bread alone ... hahaha !
: )
Baseer... :)
Saya sangat suka... awak selalu taruk pos-pos yang sangat baik!... kita boleh belaja banyak...
(I like your posts a lot... you always post things that are so good... we can learn much...)
If you look for the best in your employees, they'll flourish.
(edit) If you criticize or look for the worst, they'll shrivel up. We all need lots of watering.
What I've Learned : Richard Branson , Mogul
My interest in life comes from setting myself huge, apparently unachievable challenges and trying to rise above them.
If you look for the best in your employees, they'll flourish.
Hire people who will treat the switchboard operator as friendly as they'll treat the managing director.
Create the best. The best hotels and clubs and airlines never go bankrupt. The best always succeeds
Generally, when you meet a hero in life, you are disappointed. My impression of Nelson Mandela was enhanced.
When taking a risk, make sure to protect the downside.
Try to avoid falling out with people. The world is a very small place.
Get your priorities right.
http://www.esquire.com/features/what-ive-learned/ESQ0102-JAN_BRANSON
If you criticize or look for the worst, they'll shrivel up. We all need lots of watering.
I go bonkers over Elfin doing forex... :)
Cos then I think we'll surely have meaty posts from her on forex....
Simply great!...
elfinchilde :



(on all 3 accounts : for TA, loading charts , interest in forex ...hahaha ! : ) )
Good Post Bad Post | |
baseerahmed Veteran |
Others / Forex Junction / Posted: 12-Jan-2008 22:35 4Go to Message |
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wow ! wow! wow!wow!wow! casually had been looking at daily and 1hr charts of gbpusd for the last few days (without even reading up on forex news .. flying blind, so to speak) ..and made this observation : TA must have been build for this ..provided one can zoom in on the right combinations of patterns and indicators ..wow ! ..the power of TA ! or may be it was just beginners luck ? ! .... need to roll up the sleeves and do some more observations and more reading up on forex ..and set out some time to look into those videos and ebooks shared with cashiertan! mmmm .. i am reminded of the invitation sometimes back extended by Kilroy (hope I got the right person ) to elfinchilde to make use of her TA skills on forex .... mmmm .. ( hope she is reading this ..hahaha !) ---------------------------- (note: this is not an inducement .. just a personal observation ..posted in good faith ...if u are not properly equipped .. this Ali Baba's cave can morph into a landmine instantly .. be warned .... hahaha ! ) |
edit:
hence going by the same logic, when markets open, a good level to short the GBP/USD would be abt 19562 or whenever the signals turn.
(admin, we need an edit function for our posts.....)
and hello to ipunter, too!
yay! my post worked!
ok as goes, following from your chart, baseerahmed.
the short signal for me actually comes on the candlestick after your drawn line, since the breakout could have continued on on the green candlestick.
so i would have shorted at the point i marked out, as it was above the channel, williams showed overbought and trending down, 0 to -8.6 or thereabouts).
the ride goes all the way to the bottom of the channel, at about 19521. which is where wills and momentum are at the lowest already, and just starting to turn upwards.
if one draws the fibo on the daily charts, it's about there, too.
and there's actually a second short signal for the garang people, which is at the red candlestick with the long tail after the first long red one that dips into the channel proper.
Channel bottom was about 19504 or thereabouts. But i'd actually opt to lock in only after that, when the signals turn upwards (ie, move between the trend, not at the pivot points). Since then, you leave in the possibility of a crash through the fibo bottomline support. the shorter time charts wld show possibility of that occuring.
do correct me if i'm wrong. i just started out on forex. heh. (enjoying it tho. muah hahaa.)
testing post.......
(baseerahmed, cos i'm just new to forex too and have been learning it. hehe)

hahaha !
iPunter .... its true that price of IT items drop every 6 months !

Baseer... :)
I still remember how my eyes lit up with satisfaction when I bought my first 256Mb
(big!) thumbdrive for close to $200 not too long ago...
(Incidentally, in thjis connection, I also remember reading in a PC magazine in which a PC enthusiast said when the
processor speed reached 16Mhz, he wasn't bothered with anything higher anymore).
Think of tomorrow!
elfinchilde :
it is not possible to directly upload images from your PC to SJ
i use www.freeimagehosting.net and www.photobucket.com to upload from my PC and then use the 'mountain sun' button (2nd from smiley button) to upload the image/chart to SJ
actually , I too had wondered if Admin had something to directly upload our charts from our PC ..
Hi , ipunter !
somehow this place lights up with ur presence : )
good to see u after so many days .
regarding the thumbdrive ... i upload my work online at www.box.net (1GB) , www.adrive.com (50GB) , and MSN skydrive (1GB) ..... all free !
and use the good old 512mb thumbdrive bought 2 years back : )
Paper trade on gbpusd from 060508:
actually , i felt that it was obeying the downtrend within the trendlines well ... thought experts could benefit (if any) from the post ..thought they could give some added information to confirm the conviction ... : )
caveat emptor