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LOLOLOL....
I just really wish I knew wtf E was doing... I'm starting to believe that THEY believe there is a NSS issue.
What's their business again?
Investmen.... oh wait.
Casin.... oh wait.
Sell T-shir... damnit, that too!
Only thing left is them being in the business of selling shares. That seems to fit the model.
Hey, i'm at work right now not working... lol, so I can't grab a chart. I am just eyeballing off of a few web charts.
But as the example going on right now, pop open the Swissy H4.
We had 3 bull candles yesterday that was completely engulfed by a bear candle, only to watch us creep right back up (going on now).
Normally, I would think a candle that size (90+) pips would entice some momentum...
Generally, the way these things play out, is that I would now expect that bear candle to be completely cleared out and continue north.
Impulse moves. Let's discuss...
What are they?
Why do they normally get completely rejected?
We see a trend or the start of a trend, only to see a massive engulfing candle cancel it out. This move rarely ever goes beyond the low/high of the impulse candle and will slowly reverse back the original direction.
I see it time and time again, and I have yet to be able to put logic to it. Anyone out there?
Current example on the H4 Swissy impulse move down (I guess same could be said for euro long).
All I have learned is to never trust them... are they shake outs? Why are they not considered a momentum candle and pick up steam behind them?
Are they just so big that they completely exhausted the supply / demand and is unable to continue into the next candle?
Something I am very curious about and wonder if anyone else has any thoughts on what I consider Impulse moves. Sorry for the EW's out their, i'm not sure if it's the same thing as your impulse wave or not.
Edit: Oops, sorry Kagi, I didn't mean to reply to you. Meant to start a new topic :D
Just going from feeling and what a lot of people are saying around the forums I partake in, I get the feeling of a lot of bullish sentiment after FOMC on the dollar.
I wonder what is causing the shift. The USD News has been relatively positive as of lately to no avail on the charts... but even still. I don't like when a lot of people start to have a sentiment shift. Makes a nice setup for a lot of upset!! lol.
Regardless, dollar has been down trending for almost 3 years now. Maybe it's time to start and see a shift?
What is EIGH up to now??
So far E*Trade have been very helpful in beginning to address the situaiton. They have confirmed failures to deliver and receive numbers which clealry demonstrates without argument or debate that shares of EIGH were sold short. This is good news for the shareholders as brokers are now beginning to help, but worrying as it proves to those who doubted that stocks ineligible to short are in fact sold short, naked short!
Wait? E*Trade (ETMM) has admitted that they have been naked shorting?
Somehow I doubt that is something they will just come out and say, especially to the company that they have supposedly been doing this with.
If your doing something illegal, you don't just come right out and say... oh yeah! Thats us!
You took exactly what I was thinking and put it into words... hehe.
Could just be like me... Lone Ranger :) I scared my family off a long time ago... lol
Those who can trade, trade. Those who cannot, sell a crappy subscription based website / seminar. LOL
You know, if people would just spend some time learning to trade the markets, they would be far better off.
LOL... monk is playing off of peoples greed and nothing more. Even worse, he knows exactly how to do it.
So sad.
Me personally? Been having a hell of a fun time in forex... reading charts, making some cash. Granted, I lost a few accounts along the way, but I am no longer trying to get rich in a day, or 'without work'.
The fun part, is that the charts practically tell me where price is going to go now too. People just need to spend the time with it.
Man oh man, why do people continue to give money to that scam artist?
Damn sheep, when will they learn that a wolf eats for free when he can coax them into his house...
This is the same thing I can't figure out. What exactly is their end goal with all this nonsense they are posting?? Now that everyone knows they are a scam... are they still trying to sucker new people in?
and? Who cares? I'm here to play the chart... supply and demand is all that matters.
Anyone ever play with the supertrend indicator?
While I still pursue my goal of trading as naked of charts as possible using simple supply/demand levels, I happened to plop this indicator up on my charts due to boredom this weekend coupled with a kick @$$ name and seen some really interesting things with it.
Anyone used it live before? Thoughts with it?
It looks like even trading the price candle crosses of it would yield some pretty good results, or just trading the color changes.
Granted, I could draw a random line across my chart and use it to trade from, I am just curious if anyone else has had experience with it.
Hope everyone caught a piece of the chaos today.
My buddy started loading the boat on BLOAQ (Blockbuster) between .04 and .05. At least it is in a massive demand zone.
Complete gamble on fundamentals, hoping the merger with direct tv will pay off.
I, personally, expect the direct tv stock to be more affected then the blockbuster.
OKOK, i'll bite. Let's pretend he was being serious! :)
lolol, and this was a constant every day...
My favorite was when price started sinking. BUY MORE!!! lol.
You have to admit, we were quite the inspirational bunch in the face of all odds, even when the odds were 'dir, how stupid can you be?!?' lol.
ehh.... Cheers?!? lol
lol, you bastad!! It is amazing how biased we can get when greed is in our heads though. I know I was one of those people calling people bashers and even thought they were in coo hoots with the MM's. lol
You know, I have actually had pretty good success playing stockhideout's picks.
A few rules though...
As soon as order is entered, SL & TP = +/- 10%
Pick is released at 9:30, order is closed at 9:40.
They generally pop up, then immediately crash and burn. lol
LOLOLOL....
From what I understand, a lot of the P & D are actually run by the Mafia as well...
lol, at least they aren't killing people... unless they cause some suicide's from people losing so much money.
I have an account specifically for gambling the pennies. It's interesting :D
We all have to pay our way into this business, one way or another.
LOL... just wish I would have been a little more smart about it.
Out of curiosity, how many different theories are we going to have to go through to finally expose the NSS?
We've had several now, all of which amounted to nothing.
We would be far better off, if, I don't know know, EIGH sold an actual TShirt. Oh wait, the store isn't part of lime grove anymore.
It was hard for me to accept I was scammed in this, but I think it's time to let it go Alan...
Do a search for a board called 'Hope Stocks'. Come join us to chat about the disaster that Monk lead a bunch of us into...
omg lol...
WTF is EIGH doing anyways. They keep releasing this PR crap about the NSS blah blah...
You know, selling a Tshirt might be a good first step. lol
+1 here!! Cheers! lol :)
Probably another planned announcement that isn't going to happen.
Another earthquake in Japan... tread carefully today... Risk is on.
http://news.yahoo.com/s/ap/as_japan_earthquake
Missed it, don't like buying high. heh heh. My prejudice had me sit out on a nice run. :)
Nice play there. It's been a while since I have played the insiders here, and I opted out from the initial buy candle being so big. Figures :) hehe
I digress. The information taught at a monkinar is a system based off of moving averages and MACD setups.
The traders whom make it in this world are ones that read and react to price action, not lagging indicators.
Buy RAME @ 2.05. Watching the 2.0 level pretty tightly.
Cheers Losing. Starting to look better now in volume and picks. Crazy market thus far this year, and i'm not sure there is a such thing as a toppy market anymore, with this obvious BULL (two meanings, hehe) run. Looking forward to an even better April!
LOL.
EIGH Scores again.
Lol... he certainly is a unique one.
Don't worry, the result is always up, no matter good, bad, or in-differential. LOL
Hmm.... wouldn't the non-production of silver increase demand and decrease supply? Or at the very least just decrease supply. Seems to me like it should be a recipe for upward movement.
Wow. I really jacked that euro trade up. lol. Wonder if any of these currencies will ever reach a turning point.
Like clockwork. Darn it Git, I thought I told you to put me on your auto-page list for these things! :)
Yeah. Nice to see it not riding a path that is practically straight down. LOL.
Maybe we will get a little break in oil prices on this bounce.
LOL, I made that exact same joke to my brother the other day... bragging about how I am out performing any savings account. Even if it was only a few % lol.