Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

tradingwizzard

Market Wizard
  • Content Count

    951
  • Joined

  • Last visited

Everything posted by tradingwizzard

  1. triple bottoms rarely hold........but surprises we're seen many times.....not a place to short here IMO
  2. wait wait......it's not over till the fat lady sings.....fat lady=nfp tomorow
  3. and now the ECB offering guidance about the extended period of time to keep interest rates low........however, we are trading here a CURRENCY PAIR and not a single currency, so more important will be tomorrow's nfp number IMO
  4. thanks for sharing wit with us....really nice
  5. what do you mean by re-branding? ........from unsuccessful to successful?
  6. Is anything safe anymore?
  7. you said you can predict the expected level for the right shoulder......well, IF it is a H&S,......more likely you can predict the measured move, but IF you have the right neckline....and this is not horizontal all the time....but this is off topic anyways
  8. simple things work best....it's always like this
  9. nice results so far....I am watching with interest
  10. hey there, interesting.....thanks for sharing... do you know how to add more pairs?....or it is just for the ones listed
  11. I am always looking for patterns......seem to be lost without them, and probably the reasoning is that I am probably more of a technical trader than a fundamental one.... for example with the Fed....I don't doubt the power of the Fed, or the ECB, or whatever, but from my point of view price cannot fall/rise without breaking some levels on the smaller time frames....it is impossible to fly and skip them....so unless levels are broken, then the turn won't happening.....it's like looking at the downside in an upward trend without the trend line to be broken....just saying
  12. just checked the chart from the link you posted.......funny enough it is coming down from 260 to below 100.....whatever the bitcoin is
  13. hey, there is no safe Martingale EA.....just saying
  14. usdjpy might be in a contracting triangle as the move from the 103.70 area to the 94 area seems a three waves move that ended with a contracting triangle.........when such a triangle acts as a reversal pattern, it is usually (but not always) part of a triangle..........IMO the highs in the 103.70 area are only the end of a possible third wave to the upside (Elliott waves)
  15. I visited the website and took a closer look at the program and my short conclusion is: - vague information about what is actually going to happen there (except for the price, which is clearly stated) - this would be a minus IMO; - but if you check the calendar with the schedule (which is updated at the end of each month) it might be interpreted that there are some people taking his courses..... anyways, it is the first time I hear about this and if you or someone else have some more insights I would love to know thanks
  16. I kind of agree with you here.....
  17. thank you for your post.........when trading, patterns should definitely be taken into consideration......for example when dealing with contracting triangles (as they are the most common way of consolidation), they might be reversal or continuation patterns.....so tricky but once broken you have the direction. thanks again
  18. can you post a chart to look at some technicals? thanks
  19. easy to say then done.........sometimes you wait for your risk reward to hit 1:3 and not exiting the trade because you wait for the last pip...........however, the last pip is in most cases the most expensive one....so pro's and con's on this approach anyways, thank you for your post
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.