Simr said:You're bullish EU and bearish EJ .. ???
No Simr, Hes bearish EU and bullish EJ
Its a load of nonsense anyway, not worth the HTML its written on.
Simr said:You're bullish EU and bearish EJ .. ???
analyst75 said:I’d like to reply you by a quote from one of my most respected mentors (who’ve really saved my career with their trading beliefs and principles). His name is Dr. van. K. Tharp.
AusDoc said:It's K. van Tharp actually, and I doubt he would be thrilled to have you name him as your mentor.
rod178 said:This all brings to mind the use of a pantechnicon
foreigner said:Not much of a conversationalist are you..
AusDoc said:It's K. van Tharp actually, and I doubt he would be thrilled to have you name him as your mentor.
Your posts are an interesting read in so far as they document how your mind works. Your phraseology is fascinating, with content such as "After a long desperate siege at the resistance level" and "The condition on this cross is very delicate" and "This downward move is also riddled with high volatility" and one of my favourites "the barrier to further northward movement remains". While this may amuse some and perhaps alarm others I wonder if you actually realise how useless this kind of discussion is when it comes to trading.
I note your defense above where you refer to differences in beliefs. That's fine, after all, a belief is an idea one holds that does not require supportive evidence. However, most traders who develop any measure of success come to understand that a careful and critical review of their underlying beliefs, during which they test them and learn to let go of those that do not serve their needs in trading, is essential. If you actually knew van Tharp he would have told you that.
So let's just see how insightful your form of market review is. It appears to be little more than some form of descriptive rambling but even a coin toss can yield a 50% success rate when just predicting dominant bias so let's see if you can do better than that.
Here is a review of your forecasts for just the EURUSD.
Since individual sources of price data vary I used one available to the public as a point of reference.
The result of 5 in 14 is not all that bad actually. Many people fare much worse.
However, the colourful descriptions and clear statements of bias are one thing but application to trading is quite another. Perhaps you could explain how exactly you think your prose should be used to inform actual trading. Maybe you could share how you actually use it or recommend how readers could use it. After all, if you can't see a way it might prove useful to others, there's not much point in publishing it.