K.I.S.S. Method - Page 3
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Thread: K.I.S.S. Method

  1. #21
    EUR/USD will pullback if this goes up. IMHO Major service on the USD/CHF around 1.2430. This call ought to be good for 1-2 days at the then some kind of crest will be in place. I think now is the best time to enter or anywhere around 1.2430-1.2440 if possible!!!

    USD/CHF 11/7/2006 to 11/9/2006

  2. #22

  3. #23
    For your viewing enjoyment


    EUR/USD Daily

  4. #24
    Hello, I think you've really done a fantastic job, but please do you decrease the size of the chart so it can be easily readable?
    In regards.


    Quote Originally Posted by ;
    It seems like everytime I start a new journal online I get so confused by the articles that I wind up shutting it down or I neglect to continue upgrading and it never comes to fruition. I'm trusting this time will be different. Each of the setups I will post aren't guaranteed. . .Its very likely I might be wrong. . .and if someone thinks I am please notify me.

    Things change very quickly in these markets and occasionally it'll not be possible to update the articles quickly enough to reflect the technical change. This is only one reason why I like to concentrate on Long Term Charts (1/2 daily -to- daily ). If you cannot figure out the long term direction then the short term calls are not nearly as profitable. I prefer to prevent scalping and concentrate more on high expectancy systems. . .systems when they lose, lose 1 and once they win, win 5-10. This IMHO opinion is almost impossible to achieve scalping 5-20 pips here and there. Not saying there are not people which make money doing this thats just not exactly what I choose to concentrate on.

    My charting aims are-

    1) To find all (as many as physically possible) scenarios before they occur and then pick the one which the price action follows.

    2) Current you with what I feel to be high probaility setups in the hope a few of you. . .only those that have experienced there head handed to them for 2-5 years in the FOREX and learned from there mistakes....will carry my technical research and present good evidence to support or invalidate those models.

    My theory is if the markets going to proceed the technicals will exhibit the transfer before it happens. I'm not interested in your opinions just what you can show me on a chart or clarify fundamentally. If theres no good proof to support it then its merely an opinion. Lets do our best to keep this thread as professional as you can.

    Please do not ask about the companies I use or the suppliers of those tools that create these models. I am a new member of the Forum and I will not support, deny nor endorse any products here on the forum.

    My main advice about deciphering my techinical studies is to look deep into the charts. . .on some of my articles a casual glance won't do. Try everything you can to observe the pattern. . .theres always a pattern inside these studies simply sometimes it's more difficult to acknowledge.

  5. #25
    Long on USD/CHF!

    I am seeing a strong long over the Daily USD/CHF charts at least for another 2-3 weeks . Taking into consideration the strength of the current selloff its very possible that we could observe a new daily close below 1.1877 but when we do my own guess is it will come later not earlier. If you look on this chart carefully all the buy signals which were triggered are nearly always accompanied with a major pullback before the powerful daily rally kicks in. I believe the major pullback is near end (no new highs below 1.1877)

    beneath this model when these rallies begin they always strike for 800-1000 pips (in the least 8-10 pennies ). I really don't care what anybody says I would not wish to be a momentum trader that's short on this particular contract at the moment. . .or $USD either...I do not care what Greenspan states. . .thinking in the absolute least we will have a pullback to 1.2250.

    A 61.8-78.6% retracement of the current rally in 12/05/2006 is likely and I labeled the two amounts that would be ideal buy inches when the pullback does happen. Whether the market will retrace to those levels again I do not know but if it does IMHO it'd be an excellent buying oppurtunity. Even purchasing a few tiny positions right now I am willing to bet would pay off 2-4 times within the course of the upcoming fourteen days.



    FSC

  6. #26
    As much as I hate to admit it. . .and God only knows what will happen. . .but I'm going to have to say I am officially extended on EUR/USD, Short USD/CHF and $USD as of today. Will update if this remark changes but for long EUR/USD.


  7. #27
    Going back to my prior article I thought some sort of trough was forming or a bottom was set up for EUR/USD. The date which I marked on the prior EUR/USD chart Is still valid. What we saw on 12/22 was a new small low which under this version should not happen after an official underside is set up... and I have to admit that disturbs me. . .but at the exact same time viewing excess volatility around major turning points doesn't surprise me. My very best call for the time being is that the EUR/USD low remains in place except that the version was around 18 hours early forecasting the specific low which right now stands at 1.3107 EUR/USD. I see this as a very low risk high reward commerce, Stops Should be Placed @ or marginally below the Daily low at 1.3107.

    If stopped out along with the market manages to hold over the 1.3107 mark shortly after then my advice is to try a re-entry. . .shakeouts are typical around major turning points. Its better to lose 30 pips 3 times than 100 pips once....so two re-entries if need be but it won't come to that.

    Will update as things progress.

  8. #28
    The market broke through the 1.3107 reduced on EUR/USD and quickly rallied back above it so Still Long. . .expect at least 2 down days on USD/CHF and 2 up on EUR/USD, now is your first.

  9. #29
    The EUR/USD's been in slow motion these last couple of days...I am guessing its due to the Christmas and New Year holidays.

    There are only a only a few things I would like to discuss now concerning the long EUR/USD rankings and when they need to be terminated and additionally a few thoughts about my cyclical studies that are probably in my very best interest to mention.

    I had been under the impression concerning EUR/USD that the market had to hold above the 1.3107 degree in order for me to think about it a legitimate long beneath the functioning model I have going. BTW there is no real importance to that amount to anyone except me beneath this particular model. . .its no major support or anything its just a flat I worked out within my mind. The market broken up it 3 times since my article around the 22nd calling for a few bottoming action, but managed all 3 times to return above it. Today was the first day that the level actually held and throughout the day it was not violated. . .that is good.

    Currently the markets sitting in 1.3161 and it seems to be steadily climbing so I am feeling this particular model has accurately forecasted a bottom.

    1) Now the question remains.... In case a bottom is in place at least for a week or two so when are the very best time to begin interrupting the long positions? According to my research I am getting 2 seperate dates one sooner and 1 later. I'm going to post both scenerios here however its likely to require 2 seperate articles in order to view them both on this page of this forum.

    Two ) the second thing I wanted to say and I am going to try and sum up this as few words as possible....if you observe the 1st Scenerio EUR/USD chart I researched 2 horizontal yellow lines on the chart. What I am trying to show you is that in case the market does not proceed in the direction jaded by the model.... Or if it only does for a short while then quickly reverses from the opposite direction....that suggests to me that the market is trending and the next signal should trigger a larger move pip wise compared to first. By way of instance if people are buying into the market after among those versions activates a buy signal but the market only moves 100 pips then immediately reverses to make a new daily low(reverse for shorts) its telling me that when that market signal strikes its going to be twice as strong because the market is lacking the buyers necessary to carry it through that particular cycle. . .aka the sellers are dominating or vice versa. Its easier to view on a chart than expalin... thats why I drew yellowish lines above the 2 occasions it has occurred under this particular model. Hope that helps ( :.... The reason I am mentioning that is its potential it may happen, so be aware if it will. . .and if it will then next short signal that is triggered should be significant. . .but IMHO I think this won't happen. . .at least not with this call... but I could be wrong so take note.

  10. #30
    When a bottom is truly in place I am seeing a strong possibilty that it could continue in the 10th of January, only time will tell.

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