Well, my friend, a double top, plus a shooting star, plus a 2B formation, and plus two big red candles without tails are not enough to tell you anything? I also asked my myself many times why I missed so many major trends at the beginning and even I ...

The System (Irony included)

Forgot to post chart — Here is the chart.

The System (Irony included)

Will AUD/USD get support around 0.88? — Jumping in to short? Too late. Open long position now? Well, that is trading against your friend -- trend. Let's wait and see.

The System (Irony included)

To all friends in this thread: My assumption that AUD/USD daily charts formed a double top turns out to be right! Just as I said, on Nov. 1st, a sharp drop happened which is almost 240 pips or more than 2.5% in one day. That is abnormal for any ...

The System (Irony included)

Another chart with imagination — Dear Feb, Trader_V, and Fiveshorts. I added some candles in imagination for the next week. 1) If I jumped in when A/U drops below 0.91 and it develops as the two imaginative two red candles. So, the last week, ...

The System (Irony included)

Thank you, Fiveshorts. image Here is the chart. Look at the red shadow. A double top forming?

The System (Irony included)

Thank you all — Great thread, and thank you FEB, Trader_V, and Fiveshorts. Price action/pattern analysis is great. I used to use no indicators, no MAs on my chart, because I thought by analyzing price movement it is enough. By now I added some ...

The System (Irony included)

Well, you are right. I have the same experience with you, except I have one more 0 than your $5000! Pilwww is right too. A Chinese officer's unofficial saying is responded by market violently and it is US Dollar down, ant that IS trend.

Much of What You Know About 4X is Wrong!

thank you for your reply. Finally I got someone who is interested in fundamental analysis. I agree. But as I said you don't have be professional as a level of economist. Just know how market reacts to some important economic data, and what's going ...

Much of What You Know About 4X is Wrong!

Let explain something to you and other friends and as a base for discussion with all the interested traders. The picture is a daily EUR/USD chart from middle of June to middle of October. Circle A: really difficult to say whether it is will continue ...

Much of What You Know About 4X is Wrong!

Thank you very much.

Much of What You Know About 4X is Wrong!

Thank you. I tried before, but it only showed attachment the file name, not picture itself. Pls help me, I want to use the chart to illustrate.

Much of What You Know About 4X is Wrong!

Yes. You are right, stocks are more predictable. But personally, I strongly recommend fundamental analysis for investment in stocks. As for the analogy of comparing fishing and trade, I couldn't agree more. Do you know at what price did I set up my ...

Much of What You Know About 4X is Wrong!

Nice thread, friend Macro-minime. And nice replies from all the friends. I am also confused in finding trend: Where is the trend? Where is it going, up or down? Is it possible the retracement will come right after I jumped in? Well, only a trend ...

Much of What You Know About 4X is Wrong!