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I do understand SG....thanks for the reply though. eom
SG, pennies or someone......would you please throw up a latest fib box chart on GU? I've managed to load oanda MT4 demo, but I can't get it to run. Keep getting an error message about my username/password being wrong when I know damn well they are right. I had it up and running but then tried to get it running on another computer and now it won't run on either. I need to get it worked out with oanda, but I need a chart now since I'm in long on GU and want to get my bearings fib wise.
Anyone excited about taking a chance on a bounce off the daily trendline here on GU?
Oh hey....that's something to look forward to besides an engine rebuild for an old truck. Sheesh. I'll take anything I can get to brighten the day.
Well I was hoping to find an easier and more dependable platform than Alpari to throw down fibs and gann fans on SG. Thanks anyway. When I have the time I'll bring up TOS and see if it's any better than Alpari. Daughters truck engine needs an overhaul and I'm dealing with that while trying to scalp here and there at moments through this irritating day.
I should have listened. lol.....it's sad really.....
I don't know boca......with GU, I won't enter short before at least the 15 minute 240ema if I go short at all right now.
You've done better than I lately but I closed out at the trendline which was hit at your 138.2 fib mark. Would have missed it if you hadn't posted. Thanks again!
And thanks boca for the quick 35 pips profit on EA! I wasn't looking at it when you mentioned your short entry so I checked it out and got in short just as it began to drop.
Tx daiello! eom
Simplegreen.....have you used Ameritrades Think or Swim platform for forex pairs and if so, how well do the gann fans and grids and fib tools want to work on that platform. Alpari is lacking and I can't seem to get my oanda practice going since I've got a funded account chart platform up and running at the same time.
Well SG.....I did what I normally do......closed out of my GU long last night second guessing myself and woke up to what could have been gains overnight but ended up losses locked in last night. It do get old.
You never know what's going to hit you or when in life SG. My ex-wifes grandmother was hit by a drunk drive last week and she's not the age to heal quickly; tragic when you're young but devastating when your an elder. I hope our pennies is safe and sound. I just dropped an update request on the vid board to him regarding AJ, but I too wondered if he was doing ok.
AJ daily just keeps chugging along with one breakout after another. We saw the TDI fast line, slow signal line and even the basline pass down through your bottom trendline in your vid pennies and the fast line has now turned back up to test that trendline. Any thoughts you can share with us on AJ at current fib levels and TDI action? I don't know if it will help but my weekly chart shows us at a fib line that may carry some affect.
LOL!!.....I don't know boca......I think the text still might be a tad tiny for my bad eyes, and I haven't made enough trading forex to be able to pay for that. lol
Hmmmmm.......well since the price dropped below the 88.6 fib line of your A wave on that 1 hour chart SG, I was not only dissapointed, but a little surprised too. All hope isn't lost yet though because I have seen the price reverse between the 88.6 fib line and the 100% fib line often enough that I'm not too uncomfortable yet, so if we're lucky (we who are long right now), then we'll either see that bounce occur within a couple/few pips or we'll see it at your double bottom. If neither spot brings a bounce, then look out below I suppose...
It is fascinating SG.......I'll be looking deeper into gann now that you've given us a bit of an intro into it.
SG......having 0 experience and knowledge of gann theory, I greatly appreciate your intro post! Not quite sure I understood the CD=AB as it would apply to the leg failure that you mentioned, but I can see a need to better understand it.
I have to go pick up aquarium filters here over the next hour or so but I look forward to your 4 hour chart! Oh, and I want to thank you for annotating the weekly chart since I'm convinced now more than ever that the weekly chart does carry heavy weight with future price action potential even if there is a lot of smaller waves on different time frames in between.
Also simplegreen......you gave us a GU daily with your line chart which I find highly interesting, now can you give us a 4 hour chart showing your bars or candles with your fib box set on it and give opinion as to the price action at current fib lines and current price as well? I'm a little worried about my GU long with the number of waves inside that big wedge that you can see on the chart that whatever07 posted a few minutes ago. All I need is 1.60 and I can relax, but I'm curious....
Simplegreen.........I've just read through all the posts and I believe the line chart will still prove highly useful. I'm not seeing a "line" option for my oanda fxtrade platform. Do I have to use an oanda "MT4" demo platform and to do so will I need to use a "demo" account? I already have a demo account established but I'm not sure if it was MT4 or the same as regular fxtrade platform which doesn't have the "line" feature, but has this list of charting options below and min/max is default when I open the platform.
Ask Price
Bid Price
Candle Stick
Close Price
HLC Bar
OHLC Bar
Min/Max
He didn't pm me jav.......you? lol...
Well jav......he knuckled under pretty good didn't he. He imagined all that bad publicity with strange food network folk showing up at his establishment calling him names and insulting his food, so he caved pretty easy. Now we just need to find some sort of leverage to get pennies to do that updated fib box vid! He hasn't done a vid for a few days now. Can you believe it? As if he has a life of his own with things to do or something! LOL
Hey SG......whatever it is that you do that works is what we need to learn to do. We need to learn what works for you, so please do share all the pieces of that puzzle you can. I look forward to seeing your GU charts!! Enjoy your weekend!
Definately jav......maybe we beg first and if he doesn't respond and give us a 4 hour and daily GU fib chart by premarket open Sunday then we send the Kitchen Nightmares crew over to his roadkill restaurant to interupt his Sunday dinner routine.
Please do jav and share your fib chart results! lol
Hey jav.....don't forget GU! That's the booger that's really got me tied up right now. I was out overnight having taken profits but then an hour before close I took that stupid long hoping for an 88.6 fib bounce. So far though it's just moving down closer to that 100% mark and I'm worried it may crash on through and keep going....
Not really SG.....I enjoy cooking and consider myself a pretty good cook thanks to my mothers example, but my meat samwich was boring as it could be. With the oven not working I couldn't melt the cheese or very lightly toast the outside of the sandwich. Now the ovens done but I'm having a beast of a time making it level so my eggs don't all scramble to the one side of the pan. I've come to find that the stove surface isn't as flat and level as it appears.
I see you waited till market was closed and I had already taken a failing 88.6 bounce play on GU before you disclosed the secrets of your universal forex trend trade method. lol Now I'm going to have to wait till Sunday to try and get right on GU. Hopefully that trendline on the daily chart holds and we don't gap down 500 pips. lol
Now to reread and try and decipher the deep codes of your secret trend trading methodology.....
That's right jav.....Robert Irvine of Restaurant Impossible is a pussy cat compared to that Gordon Ramsey. lol
Hey SG......I don't see that trade trend report. Don't make me call "Kitchen Nightmares" on ya and have Gordon Ramsey come rough ya up. LOL!! Oh and I got tired of waiting on that roadkill so I made me a meat samwich instead. lol..
Oh, and bring me your roadkill special of the day too 'cause this oven element job is giving me an appetite. A nice dark beer to rinse it down with as well to dull my frustrations and relax me is on order too. lol......
Ok SG....I have to leave the house to go get a bake element for my oven which I've put off for two weeks now knowing that it'd be the pita that it's turned into (wall cleaning, floor cleaning under the stove and heat melted wire couplers and a lost screw).....but when I return I want to see a detailed report on my desk by you showing exactly how to trade the trend! And do be prompt since it's friday and I only have a couple more hours till market close for me to enter into a trend position. LOL.....
Well I hear ya there. I think it's a matter of having the confidence to trade without emotion and I'm not there yet. That's why I'm trying to learn as much as possible before I really go in with the lot size I need to get anywhere, but I've been at it for two years now, nevermind the prior 12 years trading penny stocks and I still haven't figured it out. I'm getting there though. I've been gleaning things from your TRIX/PPO pincher indi layout that are extremely helpful, just as I am other setups that pennies and SG have presented. Between the combination of those along with the use of trendlines, I think I'm getting close to a turn here. Shouldn't be more than another couple years and I'll be on my way to trading with good gains. LOL
Charger......no reason why you shouldn't trade live if you are doing that well demo. Just start with a hundred bucks or two hundred and trade the same way you are now. There shouldn't be any more stress trading with a couple hundred dollars over trading demo and it should help make you more comfortable tradeing live with real money when you do find yourself with 20k or more. Worse that would happen trading with the one or two hundred dollars is that you would lose it all and learn a lot while doing so. You're doing better odds wise at home than you would in Vegas.
Good for you boca. Had Oanda not closed out my initial entries and caused me to panic and rethink reentering I'd be about even on my initial entry. As it is I've recouped about a quarter of my losses reentering below the point where Oanda closed out all my positions when I only intended to close one of the three. I'm probably bowing out of any further trades till next week.
I've been focusing soley on GU simple, and I'm out now with that rejection at the 62ema on the 4 hour chart. If I see obvious support I'll reenter long but I'm out for right now.
Must be weather that's keeping jav and pennies from posting. Pennies indicated that he would do an updated fib box setup vid but hasn't posted since yesterday morning so I'm guessing it's his internet connection.
Charger.......why are you making us all guess at your method of trading? Why don't you just tell us? Each one of us simply share with each other. We can all stare at your chart all day and see something different but without your telling us exactly what you are seeing and thinking then we can't possibly know exactly why you would enter a trade or close a trade or avoid a trade or do anything based on your own perceptions of what the price action is doing relative to your own indicator setup. And another question for you is this......why are you trading off a 1 minute chart????
Yes pileit1, I'm sure you're right. Thanks!
Pileit1......it's 8:30am here in western Colorado. So if Oanda goes by 5pm eastern, then I should see the new daily candle appear at 2:30pm my time? Would you say that's right? Or would it be 3:30 my time? I'm so out of synch with the forex clock it's just one more thing to help trip me up.
I trade through Oanda pileit1. Thank you for the reply, I'm trying to get a feel for this current daily candle and where it might be headed based on the remaining hours. I also really need to know when the next daily candle begins so that I can base future trades on the prior days candle as it ends.
Can anyone tell me exactly how many hours ago the new current daily candle began?