"Golden Arches" Project

Its been doing that for three days...rather revealing...the banks want it to go north..and I am screwed as they take out the shorts (me)

the daily CR has not reacted yet...(read walterjennings recent post for some inspiration)

two outcomes can happen and I only have two days to cut my exposure in half for the NFP...the 50% retrace can occur now or this is simply an elbow (Joe Ross)

no biggie...but i wanted 17k to trade live in the journal damn it...

I have been through this with the EUR/AUD before with a larger account fifo (will I ever learn?) and it is all too familiar to me...be careful trading high ATR pairs, is my advice...

I rolled the dice, I am losing this one thus far...(have you read the trading can be "not Gambling" thread?)

Quote from fifo:

ES,

are you long or short EURAUD and at what price? I am trying to post a pic but have trouble with my other machine (MT4), it may be interesting. Just watched it dip right into support and bounce back.
More...
 
Quote from ElectricSavant:

Its been doing that for three days...rather revealing...the banks want it to go north..and I am screwed as they take out the shorts (me)

the daily CR has not reacted yet...(read walterjennings recent post for some inspiration)

two outcomes can happen and I only have two days to cut my exposure in half for the NFP...the 50% retrace can occur now or this is simply an elbow (Joe Ross)

no biggie...but i wanted 17k to trade live in the journal damn it...
More...


Now that I got it working, maybe too late, but this is a work in progress...
Bounce off every yellow line
 

Attachments

This resembles John Arp...very familiar...

can you turn that arch around...hehe...but seriously think about it and visualize it...it says just as much with these current patterns...


Quote from fifo:

Now that I got it working, maybe too late, but this is a work in progress...
Bounce off every yellow line
More...
 
Quote from ElectricSavant:

Its been doing that for three days...rather revealing...the banks want it to go north..and I am screwed as they take out the shorts (me)

the daily CR has not reacted yet...(read walterjennings recent post for some inspiration)

two outcomes can happen and I only have two days to cut my exposure in half for the NFP...the 50% retrace can occur now or this is simply an elbow (Joe Ross)

no biggie...but i wanted 17k to trade live in the journal damn it...

I have been through this before with a larger account fifo and it is all to familiar to me...be careful traing high ATR pairs is my advice...

I rolled the dice, I am losing this one thus far...(have you read the trading can be "not Gambling" thread)
More...


Understood. I will be compiling my EOD and intraday data tommorrow night so I can begin some system logic in WL, ATR will be on the list.
 
awesome...

it's like this...

when wrestling...you have weight classes...

our edge will allow us to survive against heavies...

Banks agenda's and News are the wild cards...This is Forex...




Quote from fifo:

Understood. I will be compiling my EOD and intraday data tommorrow night so I can begin some system logic in WL, ATR will be on the list.
More...
 
Quote from ElectricSavant:

This resembles John Arp...very familiar...

can you turn that arch around...hehe...but seriously think about it and visuklaize it...it says just as much with these current patterns...
More...


Good thing you reminded me. Some good reading,

http://www.esignalcentral.com/university/esignal/addons/arps/sigma.asp


We use actual, historical is next so that the bands don't change shape in real time (historical). How much do they charge for that? too much.

Again, I digress! Back to WL.
 
you know...

we have all we need here....

black_ball.gif
Demarker

black_ball.gif
CR

black_ball.gif
Confirmation

black_ball.gif
Brilliance


one thing missing...STOPS
 
Quote from ElectricSavant:

you know...

we have all we need here....

black_ball.gif
Demarker

black_ball.gif
CR

black_ball.gif
Confirmation

black_ball.gif
Brilliance


one thing missing...STOPS
More...


I know, I know.... top of the list. Compiling historical data and getting right to it.
 
ummmm.

Is it me...or is the EUR/AUD deciding something here...or is it just low volume?

It has been sideways a little longer for the London open (and many hours before it) than I have anticipated...Where have the buyers gone? or have all the shorts been exhausted?


Is this the pause that refreshes? or?

In any event...what a miserable trade...all this time wasted...(except for this thread)
 
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