You are again manipulating what others posted: I never said "......blah blah blah....Big snip, HUGE!". I thought you received an official warning by Baron to stop? You have done this to others now several times, careful sports, this is plain cheap. No wonder you have nothing to reply to someone calling you out for wrong statements...enough said.
lol, wrong thread doofus, off-topic. Post in the right thread and I'll be more than happy to reply to your inane ramblings. I can support my opinion with reasoned argument, logic, and facts whereas you can't it seems. I snipped quoting your post because it was off-topic and drivel not worth quoting! Now, anything pertinent to this thread, no?
tsch tsch tsch, you boys re 'rcanfiel the rancid' aka TraderZones: http://www.elitetrader.com/vb/showthread.php?s=&postid=1519603&highlight=stand+back#post1519603
lol, hey Wallace I reckon ET probably has around 100 members, the rest are TZ's (and others) alter-egos I'm out of this thread to leave the OP to business, c'ya..... (Leonardo is probably turning in his grave!)
Let's calculate the % of currencies that went direction I predicted. NZDJPY and CADJPY up as predicted. USDJPY, AUDJPY and GBPJPY all up as predicted. EURGBP went down and found support and reversed. I was wrong about EURUSD direction and EURCAD. I was right about USDCHF, USDCAD going down and wrong about GBPCAD and EURJPY. That's 66% today which is a bit below my normal average however I watch real time tools and those which go my direction and are above hourly moving avg and show strong statistical strength I buy and those I think will go down and are below their hourly moving average and show weakness I sell. I was clearly wrong about EUR/USD. It stayed above its hourly MA since 9pm onward last night and at 3am was the STRONGEST of all pairs. Real time tools allow me to throw my predictions that are wrong away and avoid losses.
One that I felt was 70% likely to go up today was NZDJPY and in real time the strength was high, NZDJPY going up against 92% of other currencies. I believe in having MULTIPLE filters to help me FOCUS on the pairs most likely to trend ONE direction. First I do my overnight analysis which I am not going to share how I do it, sorry its too good. Then IF currency is above hourly AND it has high strength then I buy pullbacks. I also am a BIG believer in simple swing analysis UPTREND - Series of higher highs and higher lows DOWNTREND - Series of lower highs and lower lows. So in NZDJPY I liked the fact it for the most part held support at the hourly moving average and then made a higher high slightly and then held hourly ma to the pip! That's bullish. 92% of the currencies supported buying which also gives me tremendous confidence and then it proceeded to rally up 75 pips. I took this trade but exited at the previous weeks high as I often put in trades, stops/targets and go back to sleep.
Here's tomorrow's levels. I believe the NZDUSD and NZDJPY have highest odds of going up. Buy them on pullbacks. I also believe EURUSD, GBPUSD,AUDUSD, EURJPY, GBPJPY and AUDJPY also have slight edge on going up tomorrow. EURGBP is a tad lower odds and I feel USDJPY, USDCAD will go down with the USD/CHF being the weakest and most likely to go down. Short weak ones on rallys. In addition to the directional bias the below levels are where I'm looking to buy/sell at if in real time the statistical strength/weakness isn't too much. In other words while TODAY I believe these levels will hold -- if in real time the NZD is weakest of ALL currencies and JPY strongest than I won't focus on that one. I may buy the EURUSD instead if it isn't too statistically weak. NZD/USD Buy .5250 NZD/JPY Buy 51.70 to 51.50 EUR/USD Buy 1.2910 to 1.2900 GBP/USD Buy 1.4011 to 1.3987 AUD/USD Buy .6550 and Sell .6675 to .6694 EUR/JPY Buy 126.51 and 126.00 Sell 129.50 GBP/JPY Buy 137.00 to 136.77 Sell 140.73 to 141.00 AUD/JPY Lightly Buy 63.87 and 63.63 to 63.50 EUR/GBP Buy .9105 to .9100 and Sell .9300 USD/JPY Sell 99.00 to 99.08 USD/CAD Sell 1.2796 to 1.2800 and Buy 1.2550 USD/CHF Sell 1.1909 to 1.1923 and Buy 1.1759 to 1.1748
Ok amytrade, on that chart, I see a multimap 1440 and another one for 4320 (nzd/jpy). What exactly is that? Trend on the 1440 minute chart? What is the power index 20,60?
To clear up some mistakes as some posters are obviously not up to date with the news. First of all, Oanda is a solid forex broker. It is not ECN, but it does offer very competitive quotes, great scalability, and offers an API to connect into for professional programmers. As a real life, big money example, a very successful hedge fund was developed and connected through Oanda by Malcolm Morley. 2nd, ATC is not available with MT4 with real ECN. And just recently, ATC has chosen to go with FXCM feed, and that's the end of that. And MBtrading does not offer ECN through MT4 yet, it is still in development and looking for beta testers. I think a lot of people use MT4 for the free data feed, and the ease and wide availability of automation with the MT4 platform. Obviously, if it can be connected to ECN, all will do that as it is the best option, right now...that option is not available. OK, with that said. I love reading Amy's trades to compare with mine. I trust in my own analysis, first and foremost, but it is always good to see other traders going in your direction because it makes me feel better. Especially if they are right more than not, trading is a game of confidence as well. Also, if you want to learn something, I find it much better to ask politely as a student and a gentleman. Perhaps even offer something of value in return for this knowledge. Hell, I think we all would love to learn the secret to Amy's system, but we also have to understand that this knowledge was gained by Amy through hard work and sweat, and this is her livihood and put that's putting food on her table. If she doesn't want to share, you just have to respect that and move on. If Amy said a Ouiji board told her those predications, and it is consistently right, I'll be all over that Ouiji board and maybe even sacrifice a chicken while I'm at it. Yes, I will have chicken for dinner since I'm a tight wad. Carry on.