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

EUR

Discuss EUR in this thread
 
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Sir Ignore
United States
Posts: 3068
13 years ago
Apr 20, 2011 19:00
some strong orderz both sides 4500
prob is for rally more
seems some traders pickin here to go deep also..

reset at 4409 for north favorite..too low reset maybe
DaveO
UK
Posted Anonymously
13 years ago
Apr 20, 2011 18:54
yeah sir ignore, everyone to their own, no disrespect intended. That guy Woodie claims to trade his CCI without watching price and I believe him. If that's what grabs him its fine by me. My use for his CCI is overlay the higher timeframe and watch for higher and lower to cross together in a small chart pane that takes up almost no real estate space. Not much different to having MA's on the chart.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 20, 2011 18:48
judging by stocks risk appetite so far today looks like we forming bull flag on the EU intra day charts. Gold, oil et al travelling north also
Sir Ignore
United States
Posts: 3068
13 years ago
Apr 20, 2011 18:42
good afternoon..no recession on beach..full cups...

floor traders, and some other pri traderz luv swiggly line crossovers....understand economists/theorists,
and professors of markets do not....
like u say each has own niche or think they do..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 20, 2011 18:23
A basic understanding of MP is something all traders should acquire imo. I could never be an MP purist but it teaches how mkts behave and thus can reduce frustration when mkts are coiling etc. Also tips hat at likely breakout direction.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 20, 2011 18:16
I wouldn't knock any methodology if it makes money for the user. That's all that matters. My interest in mkt action goes deeper than money alone. Most just wanna make da dosh for as little work as possible.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 20, 2011 18:05
yeah, I have a pet hate for lagging indicators but recognise they can help traders see price action more clearly at times.
Machiavelli
Posts: 113
13 years ago
Apr 20, 2011 18:01
So you're not bored during the day, are you? I'm kinda glad you didn't mention squiggly lines cross-over. :))
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 20, 2011 17:50
EW is the underlying structure of the market. Simply reflects same ole human behaviour inc bankers and bots
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 20, 2011 17:48
It all integrates without much conflict :-)
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