Remember that I've lost my marbles so please don't take anything I say too literally. Well done for cracking the password, it seems I was mistaken about GO. Markets tend to move as a reaction to news but I've often noticed significant price movement prior to news announcements, possibly because a few know the news in advance or more likely its a case of positions being closed or opened in anticipation. Sometimes prices suddenly move for no apparent news related reason, which I presume is due to a major player dominating a market for a short period of time until a large buy or sell campaign completes, resulting in a shift to a new level, sometimes followed by price decaying back.
JS, The important lines are: 1. Purple: A: Appears to be the most volatile in this move. B: Subsets of the other two lines are contained within its make up. 2. White: A: Is a derivative structure based on composite volatilities of the other markets. B: Through trading this type of structure service providers can move in and out of the market with lower risk. I notice your red vertical lines are about 7 years apart. Big Fat Cats, xray vision to see? All based on Math? I need to watch/c too.. Greece: yes what passes for informed comment in the media is both trite and confused, and at worst downright misleading for the public. But probably helps the Big Fat Cats. Many BFC's will buy greek islands...Just like happened in Argentina.. Regards Bogan22
GO = Geraldo, of posts long gone.. Hi if your lurking GO. Nice charts 030985, you are young and smart. Remember, when you put your money down to trade a market, you are participating inside someone else's business model. So whats steady behaviour, and what isn't just depends on where you stand in that model. Regards Bogan22
If you draw enough lines on a chart the price will eventually hit some of them, but, I think some are far more important than others. Other lines are hidden on this post. J_S
This seems true to me...to add to this..i will only make money when it goes from lower line to upper line..problem is ..i should have enough in my pocket or bet small if i have to survive until it touches the higher lines... life is short..this f**king problem is big... by the way..what is the "C" you guys are talking about..
JS Measured the move from Nov 14 to Dec 14. Same measure down from Jan high. Measured the move from Dec 14 to Jan 15 high. Same measure up from June Low. Regards Bogan22
Not sure what posts you are talking about "C", but if you post link to one I will have a guess. It sure is a big f**king problem, but it will only be a problem for someone if they let it be so! Way too much information, which does nothing but distract one from what needs to be done, but, there is a big difference between thinking one knows what to do, and actually being able to do it. Lines are but a visual aid to identify "potential" key levels that attract other traders attention - they are not the main components of a viable tradeable approach that can make a good bit more money than it loses. I truly believe that if an ordinary person decides to take up trading, that person will be far better off to keep away from highly volatile markets like FX and Index Futures, and stick to the good old fashioned "stocks and shares", which are far less risky - I am not talking about penny stocks here of course. Capital is always a big factor of course, hence many are lured into the highly leveraged markets which are really very high risk for the ordinary person. Just my thoughts, of course. J_S
B22, You changed your mind You do of course know that trading is Math, it is not Magic, and the reality is that this is just a discussion in relation to historical patterns repeating at a future date, which will of course happen, as cycles are part of everyday life, but, the big question, of course, is........?????? You want to guess what I have on my mind.......?????? J_S