I sold the shorts way to early and the longs kiiled me as it ran down from 197
into the 170’s
I need to learn patience for sure!
You knwo the Phoenix (guppy) will rise again like a rocket heading to the moon I just dont know when, just that she will, she always does eventually.
The GBP is in a pickle though and UJ has tanked as Yen sailed higher as the world cut rates.
Clearly cutting rates is BAD for a currency if you are LONG, unless you are trying to lose $.
Is this like a market depth? That shows orders in and pending waiting to be filled?
Persistance ALWAYS pays off!
Never ever give up!
“If you dont fold you cannot lose”
I am checking this now
Basically a report in chart or graph form that tells you how the commercials and the large speculators (hedgers?) are positioned for the future.
My limited understanding is that if comms are net short, the large specs are net long ( and vice-versa). When there is extreme divergence between the 2 groups, more times than nought, there will be a trend REVERSAL (just do not know when. Could be a few weeks to a few months, but at least one becomes aware of the potential for reversal. The comms are the winners, they set up the trend. We little guys follow the large specs.
When the commercials start buying, the large specs are the sellers. The futures $ goes down. In the forex, (eg. G/Y the $ goes up we buy)
Where they are long and short on what guppy?
I didnt see that listed there.
My unlce and I chatted for as long as I could keep him. He is sending me more charts. Been a while since I last chatted with him but he has changed yet again and has become a scalper HEH! He has countless years of market related experience. He doesnt even go by price anymore. And scalps in and out in 1 hour or less grabbing 30-100 pips. he trades 20 pairs at once what a freak! He doesnt even know what pair he is trading nor does he care.
I’ll post a few more charts when I get them. But they are pretty advanced.
The last one I saw I was mesmerized and had to walk away as they charts were moving! But it was an Image 
not a animation or flash. It just looked like the charts were moving. He has like 20 charts on one page and uses a double sreen or something, so on my laptop its madness on the eyes.
Like an optical rainbow colored illusion.
Randomness he claims rules the markets and nothing on any market has anything to do with any other market. The only thing he considers is FFF for big news coming out.
But I think it is like this. Some of it must be momentum based. It has to be.
He doesnt use S/R anymore, even claimed to drop the fibs! momentum is like this. You are on a railroad track and 100 miles away is a friegh train coming down the mountain. You hear it coming for a long time. At first you dont know what it is. Then it gets louder and louder. As it gets closer you can barely see it in the distance. It sounds like it is right on top of you and yet you barely see it up the valley. Then as it gets closer it appears as a larger image. You immediately idenfity if as the GUPPY! and suddenly your ears are popping, and she is traveling so fast all of a sudden, you try to jump on and miss, She runs you over. 15 minutes later she is 50 miles south of you!
You’d need a jet to catch her.
The point is often these trades are bewm, they move. Then they stop and before they moved they were basically not moving (up or down) just going sideways. So the thing is when like you said about the comms and the specs.
When these guys move often they move together or opposite of each other and in any event they all move at once and quickly they all jump on, then suddenly it instantly takes off.
I trade the 1 minute often. But I knew there was better! HE is doing a 100 tick chart which is much better, but I dont have that option here. I had it at fxsol but their charting was too much to bear with its constant bugs shuting it down and freezing it and it eating 69% of my 2G+ CPU .
It is the momentum moves where youc an easily win where you are going along for the ride with the big boys like you said. They make the trend, we little guys just try to ride it.
Sorry I wasn’t too clear.
Go to timing charts.com
In the upper left corner window ( commodity) click on Yen Globex for that future. To the right of thae commodity window you’ll see “get chart” click on that.
Scroll down to bottom of the yen globex chart and there should be the COT graph.
This graph shows commercials (blue) and there net position as of last Tues.
They are net short i.e. selling the Yen. The green line is the large traders (speculators/ hedgers). They are net long i.e. they are buying the yen from ?
(the commercials) and the yen is rising in $.REMEMBER, these are futures.
In Forex, G/Y (think of it as a fraction- 1/2 1/3 1/4 1/8 1/10/1/100 -) as the Yen future increases, the G/Y (fraction gets smaller) and G/Y goes down.
If and when the commercials go to -100,000 and the large traders (green) go to +100,00 then a large $ reversal should eventually happen and G/Y should begin to go north.
Pipcrawler (or anybody- is this somewhat correct?).
I should have included :
Scroll down to bottom of Yen futures and you’ll see " COT Window I" and below that: COT database. left click " futures only" then left click " net position.
Looks interesting and mayhap, shorter term. probably, play with this tonight and see if it can assist in the pursuit of pip happiness.
Triple R: the COT stuff is futures, not Forex, so, there is no guppy ( only GBP futures and Yen futures)-sorry, if I confused you (as my ex had often told me: " You are no frigging good at communicating!").
Your train anology was great, especially about momentum.It reinforced my looking at monthly and weekly charts. Stock mkts still going down- a take is the Yen should go up (G/Y fall further).
As I have mentioned in previous posts-I am glad that I had stumbled across your thread- I saw the brilliance in it!
The secret of trading lies in the NOW, the moment.
I picked up some long overnight hit my buy limits at 169.25 170.25
even had one at 172.25 so lots of pips overnight.
Lately I have been placing advance orders to buy at the .25’s sometimes I go 200 pips down but also 100 pips.
I replaced my orders long at 169.25 170.25 but as low as we are getting I am going 100 pips so I have orders @ 168.25 167.25 166.25.
Too bad I still dont have sone longs from the 166’s. GU has surged. That was a pretty nice dip down overnight to get some longs lower.
But she sure looks like she is very jumpy today waiting for the NY open.
But I am thinking bullish here.
Been sclaping all morning from 173.25. anything could happen today,
but guppy looks to be poised to launch here soon careful with those shorts
disclaimer. I Elijah Marks am NOT an Attorney or a CPA. I am an international banker and am almost ashamed to claim that I am.
I am striaght forward and honest. I seek to ALWAYS operate in a transparent
HONEST manner, This is critical. My efforts are educational. I endeavor to enlighten others as to the turth surrounding their life situation.
I share this because as a banker I have learned so much that affects the guppy and other forex markets. After the first of the year I am going to be able to exchange currency myself WITHOUT a forex broker.
Many people in the world do not understand the banks and their operation.
the banks pact disallows me from sharing the following but I feel I must.
As the banks fraudulently are CURRENLTY ROBBING THE WHOLE WOLRD BLIND,
I must state the following for those that do not understand this.
When you go to a bank and are seeking to borrow “money”.
I quote money as money in the USA is NOT money. Many think the USD is money. IT is NOT in no way MONEY! IT is ONLY accpeted as money.
USD is in fact a debt instrument a promisory note, a promise to pay.
“When you or I write a check there must be sufficient funds in our account to cover the check, BUT when the federal reserve writes a check THERE IS NO BANK DEPOSIT! on which the check is drawn. When the FRB writes a check, it IS creating money” putting it simply, Boston FRB
Their check is like a promissory note, it IS also NOT money it is accepted as money though. The only true money in the world and the world will see this
in less than 6 months, is GOLD and Silver.
“REAL” US banks basically bank at the FRB. other US banks have their bank accounts at other banks which is moronic, as a bank it is much easier to separate your customers from their money, when they bank at the FRB.
There is a greta misunderstanding in this world rearding “money”
Honest banking requires: my bank accepts deposits (ACTUALLY LOANS)
from customers, my bank loans out those funds to “borrowers”.
And I give those borrowers the “money” that was depsoited into my bank…
But SADLY there are few if any honest banking operations in place anymore.
WHEN YOU GO TO THE BANK AND ARE SEEKING A LOAN FOR any REASON,
you are actually the one creating the money! The bank dupes you into believing that they gave you a loan (laugh). FRAUD!!!
lets take a mortgage for instance. here is how it works in the USA these days, you go to the bank fill out the loan app, once approved, the bank will insist that you sign a PROMISSORY NOTE! (IMAGINE THIS) and a deed of trust or a mortgage depening on what state you live in. All paperwork is made out in the name of your corporate identity, (i.e. ELIJAH MARKS)
NOT Elijah Marks. the two are NOT the same! the bank is a coporate IDentity and must do busines swith youyr corporate identity (NAME ALL IN CAPS NOT YOU BUT A STRAW MAN (ILLEGAL AS HELL). they get you to sign all the paperwork as if you were the straw man (all caps in yoru name NOT YOU!)
AS SOON AS YOU PLACE YOUR SIGNATURE ON THE PROMISSORY NOTE
(YOU JUST CREATED “MONEY”), THE PM (promissory note)
BECOMES A NEGOTIABLE INSTRUMENT ( YOU JUST CREATED MONEY LIKE THE FRB!) THIS MEANS IT IS THE SAME AS CASH. THE BAK ACCEPTS YOUR PROMISSORY NOTE AS CASH AND ACCEPTS IT AS A DEPOSIT AND DEPOSITS IT INTO THEIR frb ACCOUNT WHERE THEY GET BASICALLY 10x CREDIT FOR IT!
GAP (genrally accepted accpounting pronciples) demans that they have an offsetting entry to their balance sheet so they create a credit entry of exactly the same amount as you ACTUALLY LOANED TO THEM (BUT THEY HVE YOU THINKING THEY ARE THE LENDER BUT YOU REALLY ARE!!!)
out of thin air!!!. The “new” money was created ON PAPER (these days a computer entry), then the bank so called “LOANS” your credit to your straw man!
It is not money that the seller ot the hosue gets, they get credit to their account (another computer entry), that credit was created out of thin air
(AKA MONITIZED) and the amount of the mortgage has just been added to the economy, and we get more money chasing after more money and escalating overinflated prices as everyone is running around now creating money NOT JUST THE BLOODY FRB. now we have lots of money chasing all sorts of goods and services in the markets forcing prices higher and causing inflation (ACTUALLY A SECRET TAX). this inflation fractionalizes your credit and the credit of everyone else! WE ARE ALL IN THIS TOGETHER!
So to sum up. The bank double defrauds you. As not only did they accept your new made money as a deposit and sell it as an asset, then they decieve you into thinking that you owe them and they loaned you something when in fact you are the REAL LENDER.
IT IS A FAIR AND EVEN EXCHANGE even, there is NO loan from the bank to you! you exchanged a note valued at say 200K for a house that costs 200K.
there is no loan. However you did create money in the same way in that the FRB does. But they dont want you to know this, they deceive you into thinking that they loaned you money, then they double screw you and act like you owe them not only the “money” they so called loaned you, but now they jack you for interest for 30 years.
I became a banker to learn all their secrets.
And one of my favorite persons that ever existed, he was a genius:
“History records that the money changers (AKA banksters)
have used EVERY form of abuse, intrique, deceit and VIOLENT means possible to maintain their control over governments by controlling money and its issuance” PRESIDENT JAMES MADISON the REAL author of the constituion
one more quote for J Edgar Hoover
"the individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists"
for further readng study up on the once popular now obscure
"modern money mechanics" by the FRB!.
I am not suggesting you dont pay your mortage because you dont owe it.
BUT it can be done with work, because all you have to do is dispute the debt
and force them to prove where the “money” came from (that created the debt) for the so called “loan”.
THIS IS IMPOSSIBLE TO DO BECAUSE IT IS A MATTER OF FACT ACCORDING TO GAP THAT THE SO CALLED BORROWER IS REALLY THE LENDER. THE BANKING SYSTEM IS FRAUDULENT AND IT IS IMPOSSIBLE TO PROVE WHAT THEY HAVE DUPED EVERYONE INTO BELIEVNG IS TRUE!
SO AS THE GOVERNMENT NOW PROMISES TO INJECT ‘FUNDS’ INTO THE ECONOMY ALL AROUND THE WORLD TO SAVE THE FRAUDULENT BANKERS,
IT IS TIME FOR A RECKONING BEFORE THE Banksters rob the whole bloody world with their greedy selfish motives.
Sorry guys it is the honest to Gods TRUTH!
Triple R: thanks for this one!
I shall search, find and read " modern money mechanics" or facsimilies.
Reminds me of the story of the little boy who asked his father: "What is politics?"
Dad says: " Son, let me explain it this way. I’m the head of the family- so, I’m the President. Your mom handles all the money for running the house; so, we’ll call her the government.
We both take care of your needs, so you are the people.
Your nanny is the working class.
Your baby sister is the future.
Think about this and see if it makes any sense."
The little boy goes to bed thinking about what his father told him. Later that night, he hears his baby sister crying and goes to check on her. He finds that she has severely soiled her diaper.
He goes to his parents’ room and discovers his mom asleep and cannot wake her.
He goes to the nanny’s room knocks and when nobody answers,finds the door is locked. He peeks through the keyhole and sees his father having sex with the nanny.
He gives up and goes back to bed.
Next morning at breakfast,he says to his father: " I think I understand politics now."
His father says: “Tell me what you think.”
The boy announces; " Politics is the president screwing the working class while the govewrnment is asleep. The people are ignored and the Future is in DEEP S**T!!!
I’ve burst out loughing and still can’t stop :D:D:D
Pakiestra: glad that you got some happy time with the post!
My read tonight is mixed. The banksters and governments will affect the fundamonals ( and that affects my appreciation of T an A).
For What It’s Worth:Monthly- MacD <signal/H2O. STO down. Ema’s are stacked down. BUT $ is @lower BB
Weekly:$< than low BB. STO 8/40 going down. MacD < signal/ H2O. Ema’s going down. So far, the current weekly candle is an inside bar ( but I ain’t putting too much weight to it).
Daily: $ almost @50% fib and 18 ema ($ now <10 ema).$ is > my latest D Trendline (09/29 to 10/3). The 3 ema @ the 5 suggests $ retracing up.
MacD is going down - < H2O/Signal but a slight curl up.
4H: MacD>signal/H20. $ was > 60 sma ( the upper BB) then went down.
The latest TLs are up.
Pakiestra, if I was able to sit in front of my computer when
trading, then I would go to the H chart and trade in the direction of MacD.
If the standard settings were going up, then I would look to buy.
On the 15 and 5 min charts, I would have 3 and 18 emas plotted,and when the 3x’d above the 18 it’s a buy for me. I would also have rsi 9/18 plotted and watch for a change in the direction that I wanted to go.If 9 X’d> than 18 =buy and vice-versa.
Alas; I am unable to sit in front of my computer to do this.
I base my trading thoughts on the larger time frames. I think in time G/Y will
drop, but she will range for a week or two.
Thanks for laughing at the story.
A-Z
If I would only know all your abbrev.
SMA, EMA I think I grasp it.
BB I hope it’s Bolinger Bands ??
STO could be stochastic, could it ??
And there goes more difficult:
$ does it mean buck ??
MACD <signal/H2O what does it say about the signal line ??
TL ??
Sorry for a nuisance, I might be just dull. Overall seems to be an interesting idea. The only thing is that technicals do pretty poorly with a thin liquidity as the price doesn’t move, it has a fit :eek:
Thanks for info
BB is bollinger. STO is stochastic. $ is price.< means “less than(below)” > is “greater than(above)” When you plot MacD on the chart,you have a blue line (MacD) and a red line (signal line). These lines will be above or below the 0 line (H2O).e.g. MacD <signal but > H2O means that Macd (blue) is going down and but above the 0 line.To me, it indicates a dip in an up trend and I look to buy if the blue crosses above (>) the red (signal) line.
TL is trend line.
Trade DEMO! If you have time to sit in front of your computer, look at hourly trend (what direction are 3,5,10 emas going ( is 3>5>10)? then the trend is up.) Look at MacD, is the blue line > than the red (signal) line and are both lines going up? Trend is up (only on the hour chart)! Than go to the 15 min and see if the trend is up (if not, then it is a retracement- wait for those to change back up. and buy. If 3<5<10 trend is down. If hour MacD going down, do not buy.(i.e. both blue and red lines going down and blue line is below the red (signal) line.
Remember, the only dumb question is the one that is not asked!
