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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
Sir Ignore
United States
Posts: 3068
13 years ago
Jun 12, 2011 12:52
When Daveo gets back, ask him what he thinks about MY trades.

Sir Ignore
United States
Posts: 3068
13 years ago
Jun 12, 2011 12:49
jacek..I apologize for that assumption..you sound much more experienced than gammajack..
I sincerely hope that you are not him..with his comic band of nics that would only leave a few of us.D.D.S.N...

you are spot on on the meter, I have a 'batch' of 6 indicators when 'agree' within limits
point direction very successfully. So much that the temptation is to even anticipate more than
one should, Daveo always chides me abt going against the 4 hr too early.
But if you take ADX, DI,DI- look it up and study the nuances it can valid/invalidate other indicators..
just watch it...not that you need it, but for discussion sake...it. along with some others, can point the direction, and then since you identify range you can set good close tp's, which we need now.
FX is more infighting now, with so many influences, altering mid trends, let alone long trends..
just my view. but will post later what I see in my charts and levels upcoming, fwiw.




jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 12, 2011 11:33
in any case relative strength needs an entry techniques.. what's yours? surely must be reversal or trend following based?.. dont say you just blindly follow your Bot:-)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 12, 2011 11:20
is that just a heat map rephrased?..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 12, 2011 11:14
Cat.. thats easy.. found this description though.. does this make any sense to you:

..the system first calculates the average relative strength for each pair and then performs a moving average calculation before producing the smoothed data...
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 12, 2011 9:26
I am subscribed to a premium strength data service.
I do not in principle argue vs market models. They have worked fine. But the situation has
changed as now ALL majors are weak ... there is not a single fundamentally strong major
left ... no fundamentally strong economy . fx is no longer trading "capital" it is trading debt.
That is how good a currency is ,is determined by risk of default. So fx is dominated by CB actions. Traders in lack of the models the CBs are using tend to view their actions independent of each other... but we don't know it may all be consent concealed to the public.
One thing is for sure: at the end someone has to pay. And for sure it will be the most stupid.
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Jun 12, 2011 8:48
Will we see euro$ a bounce back above 1.4500 again???
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 12, 2011 7:09
Finally before early start of trading in Asia next week.. Cat.. Im big fan of yours now too.. loved how you got yourself out of that EU short pickle.. impressive.. and you even talked price levels and pips.. btw how do you calculate that relative strength thingy of yours?.. and what is it showing now?..

Also I totally agree with your EU against JP and UD views.. each has problems but kicking the Greek can down the road as Juncker is doing in a hope Italy and Spain come good must surely will backfire on him sooner rather than later..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 12, 2011 7:00
one confession on multiple nics though .. i have used lone ranger nic in the past but only to make range trading calls and comments.. apology to Sir/Daveo/Sub who otherwise do good job policing these forums..
jacek
Australia
Posted Anonymously
13 years ago
Jun 12, 2011 6:31
G'day everyone.. good to hear DaveO is having great vacation and has missed, as I have, all this ego fluffing here.. perhaps now i understand what this fuss was all about me perhaps being gunjack.. wouldn't be funny if gunjack went quiet again.. and that would make Sir point his finger back at me.. hey gunjack convert to Sir as I have now, or Ignore him as I've tried before:-)