Hi there! I can confirm that an upward equilibrium cross occurred last Friday on second last candle of the week, about 1.292, but I didn't trade it because I had more than 4 other opened positions, and pardon me for not getting a screenshot for ...

Forex Market Deciphered: The Equilibrium Cross

Well said bug, I basically concur with you and lovely Kathy Lien about the target 86 within next few weeks, the only difference from my opinion is that 84 - 84.5 area could be a potential big resistance to the upward momentum. As said a while ago, ...

Forex Market Deciphered: The Equilibrium Cross

10/01/2011, 13:40, aest(gmt+10), eur/jpy — Time now is 10/01/2011, 13:40, AEST(GMT+10) EUR/JPY An upward equilibrium cross has just formed at 107.14 level, so close all previous short positions and enter new long position at the entry candle. ...

Forex Market Deciphered: The Equilibrium Cross

This is indeed the case not just for Forex trading but for any instruments. As I suggested in Part One where the long term trend is made up of relatively short term trading activities based trade-relevant time intervals, there is no effective way to ...

Forex Market Deciphered: The Equilibrium Cross

Hi bug Thank you for your suggestion, really appreciated! This is my 1st thread ever and obviously I don't have many experiences, I'm just downright bad at managing it. I thought my intention was clearly stated in the Introduction, well looks like I ...

Forex Market Deciphered: The Equilibrium Cross

Hi there! Well I studied software engineering for 3 years but didn't bother to finish the whole degree, because during the 3rd year in uni I finally decided to switch to business and economics because at the time I was heavily involved in equity day ...

Forex Market Deciphered: The Equilibrium Cross

Thank you forum moderator — Big thanks to the forum moderator for moving the thread! I think this where it should belong to, it's the right place to attract the right people.

Forex Market Deciphered: The Equilibrium Cross

Most definitely. I am in the process of writing an example normal-form representation of market participant matrices, will be shared with all soon as I finish.

Forex Market Deciphered: The Equilibrium Cross

Hello! The definition of an equilibrium point is given in Part One under the framework, and to put into graphical representation as the equilibrium "cross", I used a combination of things such as trendlines and Andrews' pitchfork to mark its ...

Forex Market Deciphered: The Equilibrium Cross

A hilarious story: a friend of mine in Melbourne told me that he decided to open up an account with Gomarkets few months ago, but before he did anything, he actually went to check out their office in the CBD and lingered around a bit just to see if ...

GoMarkets Discussion

Daily thoughts...... — Is this the Season of Growth or Season of Desperation? For the first time ever on 5th of Jan 2011, Bloomberg has featured two extravagant segments about retail Forex trading on the SAME DAY, a double-dose for those ...

Forex Market Deciphered: The Equilibrium Cross

Thank you for raising this point. This is probably where many traders would stuck in troubleville here. They see the worse than expected data and jump on the big sell wagon without analyzing the pairs underlying strength. IMO, before the fed bond ...

Forex Market Deciphered: The Equilibrium Cross

06/01/2011, AUD/USD — Time now is 06/01/2011, 10:50am, AEST(GMT +10) An upward Equilibrium Cross has just formed, close previous short position and enter a new long position now at the entry candle. btw here is the previous short position: ...

Forex Market Deciphered: The Equilibrium Cross

The 130 area is where the last upward equilibrium cross occurred, before the 3 weeks down leg that extended to last Friday. That was the "signature" of where the last upward demand/supply relationship started, and of course it's logical to assume ...

Forex Market Deciphered: The Equilibrium Cross

Yes, it's kind of a mixed-Nash Equilibrium where number of participants are finite, I grouped them into two: Net Expectation Long and Net Expectation Short in which there are fixed number of trading strategies involved. So keep it short, after ...

Forex Market Deciphered: The Equilibrium Cross

Pretty in line of what I expected, Thank you. That 38% retrace is probably where many traders would go short due to the shape of a pull back. Looking from the Secondary Confirmation's perspective(the equilibrium "arrow" view is here: url ), the ...

Forex Market Deciphered: The Equilibrium Cross

Thank you for the confirmation, very nice analysis! I will keep holding my long position.......regardless of when the equilibrium cross is going to appear, fundamentals of this pair is looking upwards in short term... Just came across an interesting ...

Forex Market Deciphered: The Equilibrium Cross

Live trade example(week 1 of 2011) GBP/JPY: There are indications that U.K job market is actually picking up a notch and foreseeable positive manufacturing gauges, as confirmed by the PMI few hours ago. Any more ideas about fundamentals of this ...

Forex Market Deciphered: The Equilibrium Cross

OK, let's play with arrows a little bit. This week's live trade example: The broad commodity market is in a retreating mode, also major U.S indices seemed to have reach a short term top, so NZD/USD is closely tracking this correlation. Even though ...

Forex Market Deciphered: The Equilibrium Cross

Yes, it is a discussion thread about a systematic trading method. Thank you for pointing the repaint problem out, that's why I insist in Part Four NOT to rely on these indicator because they all lag. Since they are not reliable as all the other ...

Forex Market Deciphered: The Equilibrium Cross