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- Razorjack replied Feb 24, 2010
Fundamentals — It being in an accumulation phase (so you use VSA and Fundamentals ) No I don't VSA, I use terms are also used in VSA. I could be wrong, but I believe these terms are used outside of VSA. So, now we are seeing a fundamental ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 24, 2010
Welcome — Hi Mids, Welcome to the thread. I'm glad to see that you are getting something out of this thread. On the previous page, you listed 5 points why you see the long term downtrend of USDJPY coming to an end. I was wondering if you pay ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
News vs Fundamentals — I will post some of the trades I take and do my best to explain it, but if there's something you don't understand then please ask specific questions around it. Also what I'm trying to teach on this thread is that the ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
Looks like the commodities are finally moving — It looks like the "commodities" are starting to pick up steam. Big, big move in the CAD, with some pretty good movement in AUD, and NZD against both the USD and JPY. Hope you gentlemen are making ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
A good idea — Yes, I did this in the beginning. When I did this, at first all I had was just basic fundamental facts. But as I continued, I was later able to absorb these facts and I started seeing how I could use them to anticipate future ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
Welcome — Hi monster, Welcome to the thread. It seems like you are just guessing based on technical analysis and that you are waiting for the chart to confirm a change in trend. If you read the thread, you'll see that the topic is to ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
USDJPY — Yes, but I was hoping for a bit more fundamentals: The bear market causing risk aversion from 2007 to beginning of 2009 pushed the USDJPY downwards. Since the beginning of 2009, the USD has been the favored currency for funding the ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
BINGO! — Well done! Someone's been paying attention!
Maybe you can explain to the others why you guessed USDJPY?Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
Clarification — Not quite. I think you're misunderstanding what is meant by long term accumulation. There are 4 phases in the business cycle: accumulation, markup, distribution and markdown The accumulation phase takes place BEFORE the markup ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
Accumulation and Distribution — In my opinion, there is a currency pair that is currently in the LONG TERM ACCUMULATION phase. Can anyone guess which currency pair this is?
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
Accumulation and Distribution — I don't think we'll see any MEDIUM TERM accumulation in AUDUSD until AFTER AUDUSD hits 0.82, then I don't expect the price to take off immediately. Instead I'm anticipating it ranging for a few weeks above 0.82 ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
Trading Plan — Some words of advice: Never ever follow another trader's trading plan. The plan that I have is designed around my personality. You need to come up with a plan that suits your personality, otherwise your emotions will completely ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
Time perspective — You'll never know exactly, but you can anticipate. What I was looking for was that the time it takes to see a reversal depends upon the time frame we're looking at. For instance a reversal in the short term trend can take ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
Nice example — this emphaise the important of medium or long term trade, according to Razorjack because short-term trade has to tolerate many spike or noise or stop-loss. Well explained, this is definitely a possibility. Different ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
CADJPY — To get the trendline, zoom out on the daily chart and connect the low of Jan 21, 2009 to the low on Nov 27, 2009. This is the long term trend. My plan is to: My short got picked up yesterday I will first ride it down to the trend ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 23, 2010
Great replies! — There were some really good replies, well done everyone. What you wrote is pretty accurate. You are now getting an idea of how the big boys think. We can see that with BIG MONEY the big boys can move the markets to their ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 22, 2010
Volume — Is volume related to pending orders? No Volume is how many contracts were actually traded, I think what you are looking at are the pending orders on the order book.
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 22, 2010
Well done! — Yes, exactly. As a big player, you need to sell into rallies and buy into declines. Ok, now the next step. Let's say you work with a syndicate that is large enough to move the market. And you start putting on your position. 1. How ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 22, 2010
Good start — This is a good start, especially when the markets are quiet. You have to wait for the price to come to your levels and you can't put on too much too quickly. So it will take you several days, possibly weeks to put on the full ...
Identifying Market Swings - Medium and Long Term Trading
- Razorjack replied Feb 22, 2010
Thinking like the big boys, post #1 — I suggest that we do a little exercise to get everyone thinking like the big boys, i.e. banks, institutions, hedge funds, market makers, etc. In order to do this, I will need participation from others to ...
Identifying Market Swings - Medium and Long Term Trading