trend following delusion shattered

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Quote from ProfLogic:

Everything is already marked from today. Go long where? Are you talking about current (1.2889 Euro FX 09:01 pm EDT) price? If that is what you are asking then the answer would be no. We had out long opportunities today and even an aggressive short. Now we wait for either an oscillation either to confirm this bottom being created, as long as it doesn't take out 1.2803, so we can safely go long OR we wait for as oscillation of resistance to be created to confirm a short term top so we can safely go short.

I've attached a chart to show you the last 3 and a half days to give you an idea of what I look at for price direction. It's probably too simple for you to figure out though.
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thank you, professor. however, i dont care about the last 3 and one half days of price. i would like you tell me what will happen tomorrow or the next day.

surf
 
Quote from riskarb:

Feel the power.


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I was going to post that myself but you beat me to it.
 
Quote from ProfLogic:

Surf,

Lot of similarities to our desk layout. Sorry it stops there.

Bill
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nice set up, professor. i actually have that same"man on moon" newspaper in my attic.

surf
 
Quote from marketsurfer:

nice set up, professor. i actually have that same"man on moon" newspaper in my attic.

surf
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Really, is it the Wapakoneta Daily News? That newspaper is signed and one of the few things Neil will sign an autograph on. My parents and Neil's parents were close friends. He was born next door to my parents first home.
 
Quote from ProfLogic:

Really, is it the Wapakoneta Daily News? That newspaper is signed and one of the few things Neil will sign an autograph on. My parents and Neil's parents were close friends. He was born next door to my parents first home.
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impressive, but no,its not the one i have, my error. i thought it was the only newspaper that matters at first----NY times

surf
 
Quote from marketsurfer:

thank you, professor. however, i dont care about the last 3 and one half days of price. i would like you tell me what will happen tomorrow or the next day.

surf
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You still don't get it. One trades in real-time. No One can predict what will happen in the future. One trades as the markets creates oscillations.

I did point out one of two possible oscillation occurances that WILL happen and WHEN one of those occurs, IT WILL be tradable. The Euro FX is in a current Bull Trend based on the specific chart increment I watch. Based on that increment, when one of those occurances happen . . . the potential for profit is at least 90%.
 
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