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-   -   EURUSD (https://www.forexfactory.com/showthread.php?t=10372)

T.E.Lawrence Feb 27, 2009 7:56am | Post# 69781

http://i427.photobucket.com/albums/p...tice/sissy.jpg

arthurb Feb 27, 2009 7:56am | Post# 69782

Stop Loss - sissies' favourite tool !

Remember: cool kids don't use SLs !

you are a real professional trader.
but it is very hard for me to get rid of this stupid habit, since i am used to put a SL in case, some shit happens.
can you please guide me , what to do in case the trade goes the wrong way and wants to kill my style of living ?

Titus Feb 27, 2009 7:57am | Post# 69783

To my knowledge, very few if any professional traders on this forum or any other ..... and they may be wrong too.

If someone advises to use SLs, it means expect unexpected. ............. SL means Stop Loss.
he was just playing a bit with him...

Baldur Feb 27, 2009 8:01am | Post# 69784

Is there SL in ECN?

Chicky Feb 27, 2009 8:02am | Post# 69785

fridays usually don't open trades at NY session
Sorry to jump in, just to add my thoughts that ...... weekly Open, Mid, and Close are three different things and therefore require three different strategies.

essenza Feb 27, 2009 8:02am | Post# 69786

If you look at the charts of late, which are wildly up and down with some very concentrated areas of consolidation interspersed, you might be tempted to surmise that professional traders don't know what in sam's hill they are doing....that from moment to moment they cannot make up their mind where the prices should rightfully be....absolutely lost idiots!

Not in your life!...
you're definitely correct, i still remember one day that the PA actually reach S2 from pivot level and then rise up again to R2 in just 2 minutes...I can imagine how many SL were hit. I remember that day cause that the biggest lost i ever had in my trading

T.E.Lawrence Feb 27, 2009 8:03am | Post# 69787

you are a real professional trader.
but it is very hard for me to get rid of this stupid habit, since i am used to put a SL in case, some shit happens.
can you please guide me , what to do in case the trade goes the wrong way and wants to kill my style of living ?
Ok, I'm just joking. I'm not a pro trader - I have a day job - and of course I always use SLs, which are placed simultaneously with buy/sell.

arthurb Feb 27, 2009 8:05am | Post# 69788

Is there SL in ECN?

here in africa we use only ECN brokers, and they dont allow hedging within a pair only, they allow SL here, i dont know in europe.

what is ECN ?

Baldur Feb 27, 2009 8:10am | Post# 69789

ArthurB
I dont know. I also dont know how to place back dated orders... just learning

Chicky Feb 27, 2009 8:11am | Post# 69790

he was just playing a bit with him...
I initially thought of letting it go ...... but couldn't ....... as my tape reading tells me a strange down then up move for the day. However, I am not very confident in saying that. No one would beleive me if I say expecting a close in the vicinity of 1.32xx

FxCba Feb 27, 2009 8:12am | Post# 69791

Sorry to jump in, just to add my thoughts that ...... weekly Open, Mid, and Close are three different things and therefore require three different strategies.
I don't know if i fully understand you.
But if you trade on weekly basis, obviously your parameters are far away different to mines

Passholder Feb 27, 2009 8:13am | Post# 69792

Little Dollar pop 20 minutes prior to Rev GDP?

Is it a head fake or is GDP not going to be as bad expected?

F.x. Feb 27, 2009 8:13am | Post# 69793

Ok, I'm just joking. I'm not a pro trader - I have a day job - and of course I always use SLs, which are placed simultaneously with buy/sell.
The day I stopped setting SL's was the day I became profitable. I haven't looked back since, and I will never use a SL again. Just my 2 cents...

emda Feb 27, 2009 8:13am | Post# 69794

It is friday and end of month..... BE CAREFUL !!!!!

arthurb Feb 27, 2009 8:14am | Post# 69795

it is also very difficulult here in Jalal-Abad, where there are only 5 computers in the whole city that have access to the internet. i am typing this from the Mayor's office now and he is getting angry waiting for me to finish this message so he can resume his official business. i have to now travel to the local brothel, which is luckily only upstairs from the Mayor's office, where the ladies kindly grant me free access there anytime i want.

next year my work is getting internet, then i will be like a professional trader, like everyone on here....
you are lucky at least you have Internet there in your country.
here in africa the life is tough, we don't have internet at all here.
this forum is so informative, and full of professional traders too, stick with these gays they always know what they are doing

forexlearner Feb 27, 2009 8:16am | Post# 69796

EXPECT EURUSD to dive 300 pips down by next week. I suspect a 100pip gap down next week open.

WHY?

Look at the 4H chart, The price has made a descending triangle.

Simple look at it without indicators would mean that the price will go down 300 pips.

It's that simple for me..

Just need to pray too.

I am short already and am going to off the com. Not goin to touch my trade for today despite all the news later.

T.E.Lawrence Feb 27, 2009 8:19am | Post# 69797

you are lucky at least you have Internet there in your country.
here in africa the life is tough, we don't have internet at all here.
this forum is so informative, and full of professional traders too, stick with these gays they always know what they are doing
In which country do you live?

Passholder Feb 27, 2009 8:27am | Post# 69798

E/$ and Equity Futures are in extreme oversold territory.

Should make for a very volitile morning / day.

arthurb Feb 27, 2009 8:28am | Post# 69799

In which country do you live?
my country is africa, africa is a country , ask Sarah Palin, we have the honor of giving to the world the greatest american president, who will change the face of the world, end poverty, begin the era of prosperity for everyone, and i hope finally we can have some internet here and no need to borrow it from the neibourghs so we can see some porn

Praafit Feb 27, 2009 8:28am | Post# 69800

EXPECT EURUSD to dive 300 pips down by next week. I suspect a 100pip gap down next week open.

WHY?

Look at the 4H chart, The price has made a descending triangle.

Simple look at it without indicators would mean that the price will go down 300 pips.

It's that simple for me..

Just need to pray too.

I am short already and am going to off the com. Not goin to touch my trade for today despite all the news later.

You have balls my friend


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