1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

FOREX PRO Weekly November 28- December 02, 2011

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Nov 26, 2011.

  1. papao

    papao Private, 1st Class

    Joined:
    Jan 6, 2011
    Messages:
    74
    Likes Received:
    0
  2. asif faryad

    asif faryad Sergeant

    Joined:
    Aug 7, 2010
    Messages:
    194
    Likes Received:
    0
    Thanks Sive of course Felix thank you for providing us this service for free.

    Sive also its brillant education you provide to learn the bussiness as TOP GUNS :)

    Have a great day!

    Asif
     
  3. gammel

    gammel Private, 1st Class

    Joined:
    Jun 18, 2010
    Messages:
    40
    Likes Received:
    1
    hi Asif...

    i have had the same experience with steve ..besides i must tell you that in general FPA is honestly the only non scam stuff i know it the web...i once had a problme with a broker prime4x and i managed to get my money back...wit the help of FPA .....I am trading since 3 years and since 6 months profitable in consitant way ..and i found out that everytime my mind what go nuts i woudl make losses...something which i dont agree though or i find a bit missunderstanding with steve it not to enter ath the zone to get a bounce..i have followed chris loris classes which are helpfull as well...and there i learend to enter right at the bold face candle to get the best price and put my stops above the next resistance or support.. since steve tells us to get in after a reaction i would like to know whats the problem with getting in with a stop at the zone the loss would be the same woldnt it? On the other hand you can at least take some proit of the table after a mlittle while

    wow something has happend and i am long aud good for me :) china cuts interestrates...good possiblilty to short euro later no real reason that euro will rise...

    anyway asif i am Persian and i live in Iran .. but i will move out of iran soon ... i would like to ask you something or even steve if he can answer ..

    a.) how much do you or steve risk on a trade?

    b) do you take partial profits?

    c)do you think that enterint right at resistance or support is bad? to get a bounce at least.

    ok thanks for everything

    hope you will answer...


     
  4. Triantus Shango

    Triantus Shango Sergeant Major

    Joined:
    Apr 23, 2011
    Messages:
    1,372
    Likes Received:
    15
    thanks sive. i see what you mean... however this gartley covers a much shorter time period. the one i posted develops over a much longer time interval starting on 26 AUG.

    also, shouldn't there be more time symmetry between AB and BC? meaning shouldn't both legs take about the same amount of time to develop?
     
  5. gammel

    gammel Private, 1st Class

    Joined:
    Jun 18, 2010
    Messages:
    40
    Likes Received:
    1
    to steve or anyboy else just wanted to make sure if steves analyis to get short at the high of the day is still correct since market has closed donw gap?
     
  6. Triantus Shango

    Triantus Shango Sergeant Major

    Joined:
    Apr 23, 2011
    Messages:
    1,372
    Likes Received:
    15
    now that is interesting! i always wondered who this mysterious felix is. is there a way to contact him? i am curious to learn which retail broker worked out best for him when he got started and which prime broker he switched to after making his million bucks. how he avoided the pitfalls, did scalping work best for him or position trading etc...?

    just curious. :)
     
  7. Triantus Shango

    Triantus Shango Sergeant Major

    Joined:
    Apr 23, 2011
    Messages:
    1,372
    Likes Received:
    15
    i forget myself!! a big thank you to felix, of course. really thanks a lot, man.
     
  8. TraderBob

    TraderBob Private, 1st Class

    Joined:
    Oct 4, 2007
    Messages:
    34
    Likes Received:
    0
    3 Drive Sell

     
  9. Triantus Shango

    Triantus Shango Sergeant Major

    Joined:
    Apr 23, 2011
    Messages:
    1,372
    Likes Received:
    15
    no offense, but who the hell is steve? also, my chart doesn't show the gap was closed. that is, it is still not closed, just to be extra clear.

    if i may take a stab at your other question re enter at SPPT/RSST... and someone please correct me here if i am wrong, but shouldn't we wait first to see whether or not the price bounces or penetrates said SPPT/RSST levels and wait to see where it closes relative to said level before entering a trade?
     
    #69 Triantus Shango, Nov 30, 2011
    Last edited: Nov 30, 2011
  10. gammel

    gammel Private, 1st Class

    Joined:
    Jun 18, 2010
    Messages:
    40
    Likes Received:
    1
    you are right .. in both

    i mean sive and not steve..

    and the gap isnt closed that also true.. sorry i am bit out of my mind today .. :))

    yes .. sive has tought us so...this is true..my point is ..that why shouldnt we enter at the point and put the stop above the resistance...we will get in a better price .. and we will have at least a bounce in most cases ......

    oh just wanted to be sure.. ..so the analyses still stands valid . am i correct?


    thanks for the answers ...so far...

    Triantus Shango .. interesting name .. where is that from ?


     

Share This Page