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venzen commented Jul 10, 2013thing is, with the sheer amount of non-correlated, non-standardised data pouring into twitter every second, you're bound to get a response to whatever ping you throw in there - it's like a Rorchach test. The name Cayman Atlantic itself says a lot ...
How to profit from Twitter trading
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venzen replied Jul 7, 2013Welcome Primadonna! check the forum rules (my standard first reply). Interesting comments and good point about media attention. As @mineinaa also mentions, we are now entering a resistance area (potentially demand zone) below 70 and may have to see ...
Bitcoin technical analysis
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venzen commented Jul 7, 2013Instead of rational analysis of future outcomes and opportunities, you seem to harbour some negative sentiment toward a country that has far outpaced the Old and New World in terms of actual (and orderbook) wealth generated in a short period. The ...
Bundesbank Warns China's Currency "On Its Way To Becoming Global Reserve Currency"
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venzen commented Jul 7, 2013You said it. Most traders and analysts are well-aware that there are ONLY downside risks for the Old World and its currencies. The central bank fiddling and central banker spin has the single-minded objective of delaying the inevitable - ...
Why Downside Risks For EUR, GBP Have Significantly Increased? - Barclays
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venzen commented Jul 7, 2013I get the impression China's trade and business transactions reach deeper into the global economy than most people realise. Yes, its growth and credit figures have been making a "disappointing" turn, yet, these are in line with a decrease in global ...
Bundesbank Warns China's Currency "On Its Way To Becoming Global Reserve Currency"
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venzen commented Jul 3, 2013Erm, "sap" some corrupt local politician and a foreign mining company's revenues, more like...
Emerald Thieves Brave Dogs to Sap Zambia’s Gem Revenue
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venzen commented Jul 2, 2013rules no.1-3 of trading: "Cut your losses" "Cut your losses" "Cut your losses"
Pop goes the weasel
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venzen commented Jul 2, 2013They should learn from the US: make up the numbers but don't get caught out! Say, I wonder what happened to the poor guy who thumb-sucked that HK export figure...
China No Longer Making Up Numbers, Now Simply Deleting Them
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venzen commented Jul 2, 2013EJ is at 68% retracement of the decline from May 20, so it's either reversing here or pausing (while traders attempt short positions) before targetting the next Fib level 131.7x - although it tends to fall short of Fib levels by about 20pips...
Pop goes the weasel
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venzen commented Jul 2, 2013Hahaha!
same thing Rumsfeld ate too then when he came up with the "known Knowns and Unknown knows" ontology!ECB to hold fire as sees euro zone recovery unfolding
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venzen commented Jul 2, 2013not sure if I would call it "fake" - it's real enough - what I mean is that the UJ top in late May was corrected down to 94.0 (mid June). The current move up is either part of the correction (as wave B) or it is the beginning of the next leg up ...
Pop goes the weasel
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venzen commented Jul 2, 2013EurUsd has just plummeted thru 1.30, so this is holding EurJpy level. UsdJpy seems to have lots of headroom before it may stop... but it is a bulltrap since EW-wise this is wave 1 or wave B which means at least 68% retracement of the upmove. I have ...
Pop goes the weasel
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venzen commented Jul 2, 2013good idea! i mean: clowns... although I shouldn't joke: they say eating infected fromage canapes brings on serious diarrhea and the hallucinations are terrible...
ECB to hold fire as sees euro zone recovery unfolding
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venzen replied Jul 1, 2013gspajon, daenoracer, this is a good discussion. glad to share thoughts and discoveries.
Which Fibo level do YOU use and why?
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venzen commented Jul 1, 2013
guess the reporter just got caught up in the hyperbole of it all! biggest, mostest, behindest schedule, just in time for the greatest bear market. a classic contrarian Prechter-ismWorld's largest building opens in China
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venzen commented Jul 1, 2013go on, somebody say "the Fed is not going to taper, they're going to expand QE". I don't get the reason why so many people are saying this suddenly... as if the shock will alleviate anything. If all the rhetoric is truly a misinformation campaign ...
The Fed and China churn already choppy waters
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venzen replied Jul 1, 2013daenoracer, You acknowledge @gspajon has expressed interested in applying Fibs without EW and you say "there are plenty of successful trading methods and strategies" but, to be honest, I am not aware of any that are as tradeable as when you have a ...
Which Fibo level do YOU use and why?
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venzen replied Jul 1, 2013gspajon, I have read through your good explanation of where you stand in relation to EW and how you would like to have a simple Fib retracement strategy. I have a questioning response to your explanation - please take it in the spirit of cooperation ...
Which Fibo level do YOU use and why?
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venzen replied Jun 30, 2013Great thread and topic of dicussion. I have been interested in the application of Fibonacci ratios to price action for a while and can say with confidence that price does respect Fibonacci ratios in relation to prior action and that charts at all ...
Which Fibo level do YOU use and why?