the cautious seldom err....C
- #1,362
- Aug 9, 2018 6:41am Aug 9, 2018 6:41am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
...one of the best contrarian indicators available {image}
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,363
- Aug 9, 2018 10:48am Aug 9, 2018 10:48am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
S&P 500 Large Cap Index - 1925-Present
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,364
- Aug 9, 2018 9:02pm Aug 9, 2018 9:02pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
Glad I moved from Pepperstone to IC Markets (actually, Pepperstone kicked me off because they decided not to do a business in my country.) Pepperstone's swap is simply a rip-off. Bad broker! 
Pepperstone 
IC Markets 
Pepperstone
IC Markets
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,365
- Aug 10, 2018 2:16am Aug 10, 2018 2:16am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
{image}
The following is CNTrader's idea:
https://www.forexfactory.com/showthr...7#post11345777
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,366
- Aug 10, 2018 2:26am Aug 10, 2018 2:26am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,367
- Aug 10, 2018 2:28am Aug 10, 2018 2:28am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,368
- Aug 10, 2018 3:21am Aug 10, 2018 3:21am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
Crude is also interesting. It's short-term oversold....
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,369
- Aug 10, 2018 3:24am Aug 10, 2018 3:24am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,370
- Aug 11, 2018 12:12pm Aug 11, 2018 12:12pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
I thought Elliott Wave was a voodoo science, but recently I have decided to revisit this topic one more time.... 
I like this video:
I like this video:
Inserted Video
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,371
- Aug 11, 2018 12:30pm Aug 11, 2018 12:30pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
I thought Elliott Wave was a voodoo science, but recently I have decided to revisit this topic one more time....
I am sure you know of some professional traders using waves analysis.
like Joe Dinapoli,
ad this old website which I followed for while
http://marketvisiontv.com/
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #1,372
- Aug 11, 2018 12:37pm Aug 11, 2018 12:37pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
{quote} I am sure you know of some professional traders using waves analysis. like Joe Dinapoli, ad this old website which I followed for while http://marketvisiontv.com/
Have a nice weekend.
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,373
- Edited 8:06pm Aug 11, 2018 12:49pm | Edited 8:06pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
Black World Mining Fund Current price: {image} I bought total $100K shares at over $100 each back in year 2007, a couple of months before Subprime crisis... {image} At that time I didn't know how to see chart...This guy proved he's useless (His farther is also well-known mining investor). Its performance is lower than industry index. {image} It broke trenline and it has higher provability of going up IMHO...
It will be remembered as the worst 'investment' in my life......
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,374
- Aug 12, 2018 1:19am Aug 12, 2018 1:19am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
{quote} By the way, GJ can go down much much lower IMHO. It's trendy even in higher TFs. You don't want to marry your positions....
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,375
- Aug 12, 2018 6:17am Aug 12, 2018 6:17am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #1,376
- Aug 12, 2018 9:57am Aug 12, 2018 9:57am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
Divergence:
Joe Dinapoli said about divergence: "Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."
Inserted Video
Joe Dinapoli said about divergence: "Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,377
- Aug 12, 2018 7:22pm Aug 12, 2018 7:22pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
NJ
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,378
- Aug 12, 2018 7:56pm Aug 12, 2018 7:56pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,379
- Aug 13, 2018 11:16am Aug 13, 2018 11:16am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #1,380
- Aug 13, 2018 9:46pm Aug 13, 2018 9:46pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
Gold looks interesting again.....
Inserted Video
Simplicity is the ultimate sophistication - Leonardo da Vinci