Simplicity in TA

Quote from SamGold:

For a fee, of course.
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I've never spent a dime for trading help from xspurt. I've also never heard xspurt charging for any training. Where's this stuff coming from?
 
Quote from RedTankEra:

Here's the previous post detailing what I was expecting to see before looking for the main long signal.
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Good call. And good call by ammo re: euro snipers faking out bull running backs.
 
Quote from RedTankEra:

Here's the previous post detailing what I was expecting to see before looking for the main long signal.
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looks good. :D

Expecting them beef up the dollar swap lines like they have in the past.
 
Quote from Xspurt:

Yeah I really like this area for a weekly reversal. Daily buyers are trying and monthly supports abound in this zone.

This coming week looks key and we could whip around here. A spike down to the weekly support of 2325 wouldn't surprise me and then closing higher for the monthly support currently 2450-66.

Looks a great week for nimble day trading with the chance of a big swing reversal and a few trend days - a real mixed bag. The daily might kick us off on a buy but you never can tell over the w/e as they love to play the gaps on Monday's EUR. With all the fear factor in the market now, the major supports and the daily buyers I am thinking bullish reversal for the weekly charts.

Attached charts are monthly supports left and daily channel right.
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REVIEW
I was looking for a bullish weekly reversal on the weekly charts to set up but not until we had daily buying, then a reversal with trend days down and then a reversal to end the month.

Seeing the bad news since the weekend it is going to be quite something to get a weekly reversal but let's see.

THIS WEEKS ACTION
The daily buyers took us up just over 100 pips from the weekend close of 1.2515 to a high of 1.2624. Then we got a drop of 266 pips in trend days to a low yesterday of 1.2358 which is pretty close on my 1.2325 zone.

Today is another bad news day but we are climbing toward my target for the day and month close of 2450-66 zone.

Once again TA not only gives the direction and targets but also the type of action to expect.

TA works (unless you're a troll and can't understand English)
 

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"Eventually, when the opponent is challenged or questioned...it means the victim's investment and thus his intelligence is questioned... no one can accept that...not even to themselves...".

"The more the victim invests, the less likely he is to turn back...".
 
I have not seen exspurt asking for student. Does he charge for mentor? i have not seen him say that...
\he does mentor people so he said but does not say if it is free for for a price....

But I do find this.....

Quote from Xspurt:
If I don't put you in a highchair and totally spoon feed gems, it might be because I have already covered the details elsewhere and leave you to do some homework. There are a host of trade tips, examples and projections in this thread and questions that I have answered. Asking questions about what you don't understand is one way to learn and then to learn more you will have to work a little harder. But having said that, if I don't float your boat, then this is not the pond for you as this is as good as it gets for free.
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now i must confess...... i find many xspurt posts confusing. maybe some one can help. lots of people here saying exspurt is great so maybe i can learn to understand better.

he says things like "4 hour wants down but it is vulnerable now and 3 day wants up. if it goes higher weekly will boss daily up, unless this level breaks will be very negative."
then list of things that could maybe go wrong..... flash crash, fukushima, national debt, natural disaster, cockroaches, corruption, terrorism........

i don't understand. terror and natural disaster are always a risk in life. so is corruption always around. i have trouble understanding these postings. then next week he say he predicted everything but sometimes i don't understand what prediction was.

Last posting from May 27 I will try and understad.

quote from May 27 xpsuirt
SUMMARY & CONCLUSION
The daily looks due for another push down into the base and if it breaks then 12,200 would look great for a weekly reversal. The Weekly looks great for a strong move up so I would be looking to get long after the drop. A fake drop would make sense here to make it look like the support has broken.

The reason for my rant is not just to highlight the risks we face but because of how I have seen major events impact chart reading. As I said my daily expectation is down but if something big kicks off, a minor short set up like that on the daily will be all the warning you get to roll everything into a big move that overruns the weekly.

ACTION
I'd be looking for longs if PA breaks above the last high tails but preferably after signal on a return to the base and better still if we get 12,200'ish on the Dow.

All being well the weekly will kick in for the upside and let's see how the monthly closes as right now it is very bearish.
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ok i am try to understand....

- daily due for push down
- weekly looks great for strong move up
- maybe a fake drop support break will happen and reverse up
- maybe big down move will overrun weekly up move and become bigger down move with no warning
- weekly should kick in for upside but monthly is very bearish
- look long over last tails but more likely after return to 12200

now it did break above last tails but no good for longs because has now reverse down lower again.

now it is rallying but from 12325 not from 12200.

can someone tell what this meaning is........ :confused:
 
Quote from Pigsky:

I have not seen exspurt asking for student. Does he charge for mentor? i have not seen him say that...
\he does mentor people so he said but does not say if it is free for for a price....

But I do find this.....



now i must confess...... i find many xspurt posts confusing. maybe some one can help. lots of people here saying exspurt is great so maybe i can learn to understand better.

he says things like "4 hour wants down but it is vulnerable now and 3 day wants up. if it goes higher weekly will boss daily up, unless this level breaks will be very negative."
then list of things that could maybe go wrong..... flash crash, fukushima, national debt, natural disaster, cockroaches, corruption, terrorism........

i don't understand. terror and natural disaster are always a risk in life. so is corruption always around. i have trouble understanding these postings. then next week he say he predicted everything but sometimes i don't understand what prediction was.

Last posting from May 27 I will try and understad.



ok i am try to understand....

- daily due for push down
- weekly looks great for strong move up
- maybe a fake drop support break will happen and reverse up
- maybe big down move will overrun weekly up move and become bigger down move with no warning
- weekly should kick in for upside but monthly is very bearish
- look long over last tails but more likely after return to 12200

now it did break above last tails but no good for longs because has now reverse down lower again.

now it is rallying but from 12325 not from 12200.

can someone tell what this meaning is........ :confused:
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daily means daily chart, weekly means weekly chart,if if daily drops and stops at weekl supp then strong move up,if weekly supp doesnt hold then maybe down move and maybe turn into big down move to next supp area,the next timefram is monthly and he says thats bearish,siad it looks long from tails but he didnt want to by it it there because he thought it would hit 12200 1st, he's breaking it down from small tineframe to large,not sure where he saw the 12200,probably a typo and he meant 12300, didnt go back and look at his charts
 

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Quote from ammo:

daily means daily chart, weekly means weekly chart,if if daily drops and stops at weekl supp then strong move up,if weekly supp doesnt hold then maybe down move and maybe turn into big down move to next supp area,the next timefram is monthly and he says thats bearish,siad it looks long from tails but he didnt want to by it it there because he thought it would hit 12200 1st, he's breaking it down from small tineframe to large,not sure where he saw the 12200,probably a typo and he meant 12300, didnt go back and look at his charts
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Ammo, this is just the same broken hearted Steve with a zillion aliases doing his rounds trying to wreck as many threads as possible. I have him pegged as the child porn type guy. Enjoy his drivel but don't entertain him as he can't understand basic execution and multiple time frames leaves him for dead.

But while he is on ET at least kids are safe. Anyone who tries to help another trader is a big target for him.
 
ok, i am not doing any prono stuff here and am not name steve...

i was just confused by some stuff.... and agree with Freak of Nature comments.....
seems a lot of the time it is "if not up then down" stuff is happening. seems vague and then hindsight saying its obvious.

but for now i will not post any more to this message that way thhose who wish to read predictions of expsurt can do so without intruption. i have said my opnion and now will stop.....
 
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