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- Karthunk replied Feb 4, 2012
Preach on brother! Either one is trading with the bankers or one is trading with the dumb money. The dumb money makes trades off of indicators, the smart money uses indicators to confirm a trade they already planned out. Trade to targets!
- Karthunk replied Feb 3, 2012
I see you have a low post count so I will toss this warning out for you: read the fine print in your "contract" with your broker about honoring stops over the weekend. Ive had a few friends who held trades over the weekend only to find out that they ...
- Karthunk replied Feb 3, 2012
I pay for my charts, and all the awesome training that I have recieved, from url . There is A LOT to their charts; they have a demo, to check out the charts, and a free day pass to join us for the NY session. The NY session is not a trading room, ...
- Karthunk replied Feb 3, 2012
There is no set 240 trend now — image Trend can go either up or down; it's up to the market makers to pick a direction Monday.
- Karthunk replied Feb 3, 2012
Well this week had zero loses and a ton of pip; good luck today! Freaky Friday! Close the hatches and lock the doors! And be flat or +1 by 730..
- Karthunk replied Feb 3, 2012
Would be awesome if they would drive the eur up, there are some nice wide open areas above 1.3251
- Karthunk replied Feb 3, 2012
Entered positions at 1.3118, total retrace was ten pips past my 618; love all the people being bearish in an uptrend , gives me wonderful entries. First target of 1.3145 (was only 1.3142 on meta, but price was 1.3145 on my charts; I don't use meta ...
- Karthunk replied Feb 2, 2012
I don't trade on freak Friday so here is my last post of the week. Looking for buy at 1.3136 (50 fib), 1.319 (S2), or 1.3124 (618 fib and 240 trend wall). Currently not in as I missed the first bounce off the 50. Stop will need to be +1 when price ...
- Karthunk replied Feb 2, 2012
Price is currently following the 240 trend wall, but there are some long term MAs that are starting to roll over to the down side. "The trend is your friend until it starts to bend" Price is in a perfect position to make the run back up for a double ...
- Karthunk replied Feb 2, 2012
Can't really call mine just a pivot point because there is more math involved in it but I have 1.3129. 1.3129 was a PSR and a bunch of 240 fibs, but they blew right through it.
- Karthunk replied Feb 2, 2012
Just a cascade of entry orders being hit with the reversal being the dollar index hitting a top.
- Karthunk replied Feb 2, 2012
The break of 1.3145 will be serious if they can pull it off on the sell. 1.3129 is the next stall point for the sell.
- Karthunk replied Feb 2, 2012
All positions held from 1.3146 exited at 1.3189. Bought on 1.3172 all positions +1, target is still 1.3235; caution! 1.3235 is a major turning point! Current 240 trend is UP; sell with caution.
- Karthunk replied Feb 1, 2012
Selling stalled at 1.3163 and price went to 1.3146 and bounced. Current trades: bought at 1.3146 (PSR) sold half positions at 1.3189 (+43 pips), everything else is +1. Overall target 1.3235. Looking for a retrace to 1.3172 (.618 fib) to enter more ...
- Karthunk replied Feb 1, 2012
I've taken all positions off and am now looking for a possible buys at 1.3145 (318 fib and PSR), 1.3128 (500 fib and PSR) Expect strong resistance on the sell at 1.3163 as it's a S1.
- Karthunk replied Feb 1, 2012
First buy I put on yesterday was stopped out at +1. Second buy went in at 1.3043 (.500 fib on 240) with a target of 1.3235 (same target as the trade I stated yesterday). I've taken 50% of my positions off at 150 pips (momentum was starting to ...
- Karthunk replied Jan 31, 2012
The people that make these lovely big candles do their analysis on the four hour chart; hopefully people do not ignore the higher time compressions.
- Karthunk replied Jan 31, 2012
Price wicked past the 240 trend wall but never painted a candle outside; the market makers allowed price to reverse on the wall. Since price has not broken out of the 240 trend I would look to be a cautious bull. Current trades on EURUSD : Buy: 3053 ...
- Posts by Member Search: 'Karthunk'