so i guess there is no such thing as value investing in forex huh unlike stock market and such?

Long term forex investing

If you going to count, count the daily bar. forget about 1hr, 4hr. it can not be done. If you have read balan's book, the trading technique involves heavily reversing your position if your count is wrong. if that is the case, you might as well trade ...

Elliot Wave Counts in FOREX

trend, just like any other TA, is subject to human interpretation. 2 price bars can make a trend, so does 20 price bars. Investors from different time horizon with different objectives are interacting with each other, do you really think there is a ...

Determining Trend Using Price Alone

for anyone who is interested, EUR today has just reached the 618 retracement from the 8/21 high, which also matches a perfect 1.2.3.4.5. wave then a-b-c correction which is a perfect count for a new impulse wave. Do you have the balls to buy?

1.8410 is not far fetched for cable

I think the only sure thing to say is a period of high volatility is ahead, much more likely to downside. 20 day bollinger band is a good tool to gauge volatility. When the thing opens up from a flat stage, we generally will see some good momentum. ...

GBP Losing Ground Against the Dollar?

I dont understand. are you talking about an indicator for an indicator?

Different way to look at indicators

While Cable has picked up some downside momentum, EUR has not budged much. The only cardinal rules in this market is low volatility begets high volatility. If you look at EUR daily 20 BB, it is flat. so therefore I think it is setting up for a week ...

EUR/USD and GBP/USD head and shoulders...

I am not talking about swing high low, I am talking about bar to bar hh, LL. sometimes an strong uptrend or downtrend will not give you a pullback at all. look at cable for the past 2 days. the only pull back you have is after London closed.

outside bars

I am not expert on this, but I think that is how they arrive at the consensus number. I could be wrong though.

a new way to analyze fundamentals?

The only reliable thing an oscillator can offer you is psychological reading. Cross overs, 20/80, 30/70, is all hindsight at best.

Stochastic Oscillator settings

There is a cocoon pattern forming up with an angular velocity of 12.5 radian, and eignvalue of -1+2pi. Once it retraces exactly 68.2 percent, then forming up a hammer candle, the market is going to go crazy. But always use human discretion, since ...

The real reason for Cable's move from 1.9040-->1.8710&lower

yeah, that long trade looks pretty good. I got in yesterday at 1.8810 as wel, then took a quick profit at 33 points. I generally did not like to trade long when downside momentum is too much. BUt hey, I think this one has a chance to go back to the ...

GBP/USD Movement Track

what is your starting capital? I started with 500, and triped it in 25 days. but it gets harder when there is more money in your account, believe it or not. Somehow my risk aversion goes down when i have more money.

Can 100% per Month be Achieved?

Science? if it is so scientific, don't you think insitutions whom have access to billions and billions of dollars would have cracked it by then? Georgoe Soros sits in front of his computer and say" gee, we have just had a 68 percent hit, better buy ...

Anyone Use Fibonacci?