Thinking INSIDE the box

[peterma]

Nah I’m not so brave, the inflation numbers were always going to be the fly in the ointment, the UK traders were aware of the possibility of a lower number - I mean they are from the UK after all, you know that thing about the ‘January Sales’ etc etc.

The ONS were thus happily able to report: “Discounts on furniture and household goods, and also lower alcohol and tobacco prices, also had an impact.”.

So how do I get around the problem of being a coward? - like Mack says ‘keep it simple’.

First I don’t trade Mondays ( you can blame Bob Geldof for that).

Tue morning, bright and early, there is only two numbers I will look at, the Asian high and Asian low (those guys aren’t so sure about the Jan Sales, they kept pushing higher…joke)

If I’m buying there are only two places I’ll buy, the Asian low or Asian mid point. (If selling then the AS high or mid)

If price is below at London open then a buy stop up ahead, usually the AS low, if it’s above then a buy limit at mid.

It is surprising that a simple entry technique like that can be quite relaxing

Oh - I should say that the Asian low came in today at 6711, let’s see if that number provides some sort of support today…

[PerchTird]

[B]HEY READ THIS IF YOU THINK ALL THESE GUYS ARE BEING CRYPTIC WITH THERE INFORMATION - it may help???[/B]

But then that’s not an answer, however it IS very typical of the answers you tend to find in forums like this, it implies knowledge but is at best vague, cryptic and of no real value to anyone trying to learn. It’s a little like a driving instructor telling a student they can go round a corner as fast as they want to go round a corner. But it’s only when the student does it too quickly and they crash they learn.

Above this line was NOT a quote by Master Tang - but was a quote within the response he made below this line - -I did not know how to get both quotes in here

---

Actually, it’s a GREAT answer because it’s the truth.

People make this whole deal FAR more complicated than it needs to be, because they THINK it should be complicated.

There’s not as much to learn as becoming a mechanic, or brain surgeon. This takes more effort to learn control your emotions than it does to make money. The most profitable methods are simple. Like a good recipe. More often than not the less that is in a good dish, the more likely it is to taste awesome. Crab comes to mind.

Reminds me of the Disney movie Cars - ever see it? – Old doc (wise old champ) tells the young snotty kid - [B]you need to turn left in order to turn right. [/B] (this is cryptic as well isn’t it? when you don’t know what the heck your doing) BUT THEN
young snotty kid - yeah sure - and he does this about 400 times or more - - and finally - - whoa – to his surprise - it works like a charm.

[peterma]

Anyway, don’t mind me

Thanks double, I suspect there are a few may take that on board

[anon88459104]

First I don’t trade Mondays ( you can blame Bob Geldof for that).

Brilliant

[peterma]

Torulf, I see the mid Asian number was 3708, price was above that this morning so a limit buy would have been filled either 08.30, or if I had been taking a nap then 10.30 …amazing little entry technique, now tell us how you foresaw the breakout.

[returnofthemack]

what a completely useless clown you’re proving to be. Having said that if you ever get fed up wasting everyone’s time on here you could always forge a career as a one man circus somewhere in the ar*ehole of the world.

How would you know what the norm is on Babypips?
You’ve only been here 5 minutes.
Haven’t you?

That would be because one of the few things I did take from 11 years at school was the ability to READ. And just because I haven’t posted until fairly recently, DOESN’T mean I wasn’t READING the forum for God knows how long Sherlock.

You on the other hand have been here almost 2 YEARS now according to your join date and in that time have managed to rack up an impressive 48 fountains of education. Laughable at best, worrying from a psychological stance actually.

Perhaps considering your inability to curb your exuberant emotional state it’s probably a blessing this game is merely a hobby, albeit an unsuccessful one…which kind of begs the question what you’re doing orchestrating a thread in the first place.

And what do you do? Do you trade successfully? I would have thought that the reason a guy who isn’t very good at trading starts a thread in NEWBIE ISLAND would be quite apparent for even an arehole like yourself, but apparently not. It would seem you’re that special type of arehole who needs things explained a bit more, so let me oblige.

What I believe you’ll find is that the vast majority of threads started in NEWBIE ISLAND are threads started by people who are not very good at, or at least as of yet have not learned to be very good at, trading.

The reason people who are not very good at trading start threads in NEWBIE ISLAND, I would guess, is an attempt to learn to be good. Like any hobby started by any person I’m looking to improve my trading by discussing in/on an open forum. It makes no major difference to me or my career if I never ever find any success whatsoever in forex trading, but I enjoy it as a hobby regardless.

Anyway, don’t mind me - you carry on doing your guru thing.
But mind the gap!

can’t help get the feeling that last line was another of your fuking idiotic cryptic remarks. I’m now 50 something posts into being involved with this site and already, thanks entirely to a prck like you I’m already asking myself why I’m even bothering.

If you think I’m someone else that’s fine, knock yourself out. But at least ADD something, if not here at least ADD something of value SOMEWHERE. I won’t add you to the ignore list, but add something for God’s sake, otherwise all you’ll ever receive from me is a bog standard answer of…

ADDS NOTHING…USUAL USELESS SH*T…COMMENT DISREGARDED

[torulf39]

@peterma

Torulf, I see the mid Asian number was 3708, price was above that this morning so a limit buy would have been filled either 08.30, or if I had been taking a nap then 10.30 …amazing little entry technique, now tell us how you foresaw the breakout.

HI Peterma … That buy entry asian low was a nice entry
but i have to see before i react …

Breakout you thinking pund /usd or eur/usd ?

[double_6]

what a completely useless clown you’re proving to be. Having said that if you ever get fed up wasting everyone’s time on here you could always forge a career as a one man circus somewhere in the arehole of the world.
I would have thought that the reason a guy who isn’t very good at trading starts a thread in NEWBIE ISLAND would be quite apparent for even an arehole like yourself, but apparently not. It would seem you’re that special type of arehole who needs things explained a bit more…
can’t help get the feeling that last line was another of your fuking idiotic cryptic remarks. I’m now 50 something posts into being involved with this site and already, thanks entirely to a pr*ck like you I’m already asking myself why I’m even bothering.

All right, clam down now.
If you’re not careful you’ll hyperventilate & we don’t want that do we.

at least ADD something, if not here at least ADD something of value SOMEWHERE for God’s sake, otherwise all you’ll ever receive from me is a bog standard answer of…
ADDS NOTHING…USUAL USELESS SH*T…COMMENT DISREGARDED

Here’s something that’s especially relevent to you;
Drinking celery, cucumber & alfalfa sprout juice helps to regulate high blood pressure & calms the nervous system due in part to the high mineral & vegetable sodium elements.
Try it 3 times daily for the first month then at least once per day thereafter.

One more;
Taking at least 3 deep breaths & exhaling slowly to full completion will greatly assist in lowering your resting heart rate. Try it whenever you’re encountering a stressful situation, like executing a trade you’re not particularly confident with or reading & replying to one of my posts.

Now, carry on…

[LaoTzu]

childish .

[returnofthemack]

childish .

I don’t understand the point really. Why even join a forum if you (not you personally LaoTzu) never intend to make a single post on the subject matter of the forum?

Surely it would be better to post a chart containing some sort of analysis and be completely wrong than just fill your post count with meaningless, no good to no one rubbish?

It’s like I said before, it’s probably the reason no one who really could add any value hangs around too long, why should they?

[dancat]

Drinking celery, cucumber & alfalfa sprout juice helps to regulate high blood pressure & calms the nervous system due in part to the high mineral & vegetable sodium elements.
Try it 3 times daily for the first month then at least once per day thereafter.

                                                         ...but i like you... 

[abrsive]

[QUOTE=“dancat;603976”] …but i like you… [/QUOTE]

LOL !! It reacted well to the oversold condition. Textbook trade.

Thanks for the chart

[dancat]

ah, but now you’ve got to sit in the dark, locked room with nothing else but that chart & the tool.
you’re not permitted to change the tool, add anything else to the chart or utilize any other additional analysis to arrive at your trade decisions from hereon in.

you can however navigate back & forth through the available timeframes & you’re allowed to change the settings of the tool on any individual timeframe of your choice.

there are no time limits on when you can execute a trade & you have complete freedom on entry & exit criteria.

[double_6]

ah, but now you’ve got to sit in the dark, locked room with nothing else but that chart & the tool.

Just a couple of questions please.
When do I get fed?
Can I have a torch? (coz I have total darkness issues)
And is there a toilet in the room?

Oh, & am I allowed to ring me mam to get her to tape the next episode of Girls, Yukon men & Supersize v/s Superskinny?

[peterma]

Hi Torulf,

Was thinking of Eur/Usd, haven’t done any reading yet, I’m just in, but at a quick glance seems to have been Euro buying, knew about the Eur/Gbp buying today ok but was wondering what you saw last night on the Fibre chart?

[Master_Tang]

ah, but now you’ve got to sit in the dark, locked room with nothing else but that chart & the tool.
you’re not permitted to change the tool, add anything else to the chart or utilize any other additional analysis to arrive at your trade decisions from hereon in.

you can however navigate back & forth through the available timeframes & you’re allowed to change the settings of the tool on any individual timeframe of your choice.

there are no time limits on when you can execute a trade & you have complete freedom on entry & exit criteria.

And with those simple ideas, one could make alottamunny

But for some, the very though that they couldn’t put another bauble on the chart would make them cringe in helplessness. People get in their own way in this endeavor.

[torulf39]

@peterma

Hi Torulf,

Was thinking of Eur/Usd, haven’t done any reading yet, I’m just in, but at a quick glance seems to have been Euro buying, knew about the Eur/Gbp buying today ok but was wondering what you saw last night on the Fibre chart?

That was probably more of a lucky punch.

The idea behind my thought :
I see so many rejection from based on hourly chart …
The market was never interested to try out the South side only sideways operation that enhances
the possibility that the journey continues North, as well as experience suggests the possibility that it will continue North
Ps, You swearing in the church when you preach about fib.

Daily chart show some more idea that a further trip to the North … !!

Plus a large portion of market uncertainty that often reinforces the trip ahead
If I’m not mistaken so -)

And after midnight the chart confirm my idea was correct …

[peterma]

I really like your thinking, in my own journey of learning you have just described what I term ‘Price Behaviour’.

Thanks for sharing

[dancat]

And with those simple ideas, one could make alottamunny

Indeed one could, & they do.

I’ve watched one or two guys from a thread I believe you used to follow kick up a high old storm with that particular tool in a live environment week after week.
It’s not what you use, it’s how & where you use it that counts. Isn’t that what they say?

Now, where did I put that torch.

[Master_Tang]

Indeed one could, & they do.

I’ve watched one or two guys from a thread I believe you used to follow kick up a high old storm with that particular tool in a live environment week after week.
It’s not what you use, it’s how & where you use it that counts. Isn’t that what they say?

Now, where did I put that torch.

Followed it until it died Only so many ways you can try to lead a horse to water until it becomes so redundant it’s useless to post any more.

One of the most eye opening and useful threads ever posted anywhere on the net, and it’s relegated to the dust bin because at the end of it all, people have to work for it.

And yes. It’s how and where that matters most.

As for your torch, it’s right beside the pitchfork