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- jaygee commented Feb 19, 2013
if you check it on the weekly chart, it is an ever compressing range. Easy scalping ranges. Some try and trend trade ranges and usually don't work out well.
Aussie Dollar at $1.30: Are You Kidding?
- jaygee commented Feb 19, 2013
next time you drive on the highway, get on the exit the wrong way. Now drive against the traffic and see how that works out for you. Trading against the wholesale traders is the same thing. You can trade with them or against them. Your choice. Good ...
Draghi Committee speech
- jaygee commented Feb 19, 2013
walk into any big shop and go to a traders desk and look at what is on his screen. It is always a chart with ma's, indicators, etc. Now ask the trader what he is using. Almost always it is technical analysis. it doesn't matter what "we" think(little ...
Draghi Committee speech
- jaygee commented Feb 18, 2013
the doji 4 days ago followed by the big red stick is more important to me, but breaking the daily utl will be the key for more selling. imho
Draghi Committee speech
- jaygee commented Feb 18, 2013
generally doji's open and close at the same level indicating indecision. inverted red hammers close lower than open. a key difference showing more weakness in the scenario i described. the same is true for green hammers at the end of bear runs.
Draghi Committee speech
- jaygee commented Feb 18, 2013
inverted red hammers at the top of bull runs followed by a red candle are the bomb. a lot of times they are followed by a green stick to suck in more longs for the ride down. stop running ofc.
Draghi Committee speech
- jaygee commented Feb 18, 2013
doji's by themselves dont mean a thing. the next candle can be deterministic in conjunction with the doji. That has been my experience. for me, hammers are better indicators. they show highs or lows at opening or closing. finishing their tf candle ...
Draghi Committee speech
- jaygee commented Feb 15, 2013
i haven't watched cnbc in 5 or 6 years. what a waste of time it is.
Melt-up or melt-down on this G20 - or both?
- jaygee commented Feb 14, 2013
i cant draw that fib as the jun to aug uptrend was broken in late aug. On the daily chart, this has ranged for a while now. That is why i am talking the 4h chart and the more recent move
RBA Board Member John Edwards Says AUD Is Incredibly High
- jaygee commented Feb 14, 2013
aud dollar bang the 38 fib 4h
RBA Board Member John Edwards Says AUD Is Incredibly High
- jaygee commented Feb 14, 2013
most of the trading systems used today, don't work. Big players will always find ways to run your stops. If they cant, they will stop trying to run them
ECB worried EUR strength will hurt recovery in crisis states
- jaygee commented Feb 13, 2013
as the yen weakens, japan's products become more affordable which should cut into EZ exports. Something will have to give and i think it will be the euro
Draghi Says Spain Has Made Enormous Progress Since Nov 2011
- jaygee commented Feb 13, 2013
ummmmm, trading? anyone?
Draghi Says Spain Has Made Enormous Progress Since Nov 2011
- jaygee commented Feb 13, 2013
get a room you 2. give it a break man or just take it private.
Draghi Says Spain Has Made Enormous Progress Since Nov 2011
- jaygee commented Feb 13, 2013
so i take it a lot of people liked the earlier nonsense news but not this nonsense news?
ECB worried EUR strength will hurt recovery in crisis states
- jaygee commented Feb 13, 2013
if you can afford to. if you cant, what are you doing trading in the first place? if you have to put 10% of your account at risk to start a trade, you are not going to last long
ECB worried EUR strength will hurt recovery in crisis states
- jaygee commented Feb 13, 2013
Don't get into the position of getting stopped out in the first place. Stop runs are daily events
ECB worried EUR strength will hurt recovery in crisis states
- jaygee commented Feb 12, 2013
maybe loadedgun could help you with it. lol
The world economy: Cliffs avoided, mountains ahead