Might pay to get that black spot on your ear looked at by your doc,unless its just a piece of butterfly terd[?][?][?][:0]:D;).
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Might pay to get that black spot on your ear looked at by your doc,unless its just a piece of butterfly terd[?][?][?][:0]:D;).
Hi Miner
:)
Good to see you back on the forum......
whats the tea leaves/bags suggesting at the moment.
arco in QLD ( for a few more weeks)
Evening Arco still using my system but only watching at night as busy during the day so a tad knackered by the time I get to watch,eur/jpy the tidiest one out of my 4 lately and it's same way mate usd/jpy,usd/jpy has been moving before eur/jpy lately so gives you the jump on the move(led the move for the one peat jumped on the other day then eur/jpy followed} and eur/usd the messiest and its opp way mate usd/chf.
Hard for me to post as still don't talk charty,but then you guys know I post tea leaf picks so may post a bit more on what I see,just hard to say why as you guys don't talk tea leafs,might have to write a book so you can all read and learn the right terminology,"FX Trading The Tea leaf System".
Cheers
Miner
Cheers
Miner
Hehe was going to say eur/jpy would test 149.35, look at the hourly's,wasn't much in it anyway.
While I am putting my neck on the block,usd/chf just about testing 486(hourly) so eur/usd should test at least 703 and maybe 717ish(hourly)
Well 30 odd pips so far on that one,just on the off chance anyone wants to know how I picked that one?,no,to bad I'm going to tell you anyway hehe,eur/usd was a sideways mess so toss a coin for which way it was going to break.
But usd/chf which always goes the opposite way was going and looking like it would continue south,look at the last 7(but used last 5 for this) hourly's on usd/chf,all red,and on eur/usd only last 3,5,and 15min charts also said what eur/usd would do,the hammer on the 1900 hourly for eur/usd also helped,was a sort of shooting star at the same time on usd/chf hourly.
Usually you get 15-30 seconds to 5min max using the go same way or opp method but tonight this pair gave more like 30 min a lifetime in FX,so if one goes and shows the move and the other is yet to go,jump on the one yet to go as other is saying what it will do and usually there are more pips in it as it is yet to go.
Also from hours of watching they all tend to go back to at least test high- low spikes from earlier in the day,say high spike on the close or first candle of the day,get sold down during the day,back to test it in the arvo,not quiet as simple as that but something to watch for.
One catch to this method for eur/jpy and usd/jpy is they go the same way "most" of the time so confirm each other,but they can also do what they are now and go opp,so then it's usd/jpy usd/chf same way and eur/usd eur/jpy same way.
Tea leaf 101,an ok system or just fluked one??? hehe.
Cheers
Miner
i got 35 pips on the gbp/jpy last night sort of working like that miner... Chf/Jpy was all pointing up and it was clear this was the trend in GBP/Jpy too and of course there was strength in cable itself.
It had been coming up from 220.3 and had reached 221.52.Then it retraced to its 38.2% level 221.05 and I jumped in. Had 35 pips on that very 15 min candle. So playing ninja with the ninja beast herself paid off this time. Gotta be very careful with that one tho.
Morning Miner
Nice scalping system there, and finely balancedno doubt by a generous dose of reading the Dilmah tea leaves.............have you got a patent on it yet ;)
arco
Evening arco,yep system working good,but use earl grey for longs and dilmah for shorts;),anyway just got home and am making dinner and dashing in to look at screens,so at a "glance"usd/chf is above 584 (daily),so looking for eur/usd to go south to 686-680 (hourly) and more if usd/jpy stays above 584.
Eur/jpy just breaking south which is good for the above,but as say is a making dinner 5second glance call[:0] and am drinking water not tea so....:D
Cheers
Miner
Well was a few pips in that last one,way past my bed time but thought just on the off chance someone is interested,as I have said before eur/jpy and usd/jpy just about always go the same way but also usd/jpy just about always moves first,they have just done a 20+ odd pip move south,so if you were watching say the 5 and 15min charts for both (around the 23.45 time mark) you had quiet a bit of time(for FX) to jump on a eur/jpy short after usd/jpy had begun to go south,so you knew eur/jpy would follow.
usd/chf leads eur/usd also but they go opp ways.
Just thought might help for entry's for both trades and longer holds.
Cheers
Miner