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- 207 Results (206 Replies , 1 Comment )
- Uphios commented Dec 13, 2011
"The UK's excessive deficit and debt will be the subject of surveillance like other member states, even if the enforcement mechanism mostly applies to the euro area member states." I don't know if you have noticed Olli but there as barely any ...
- Uphios replied Nov 30, 2011
I guess 101.70 can be called demand so all bets off.
- Uphios replied Oct 4, 2010
4 Hr chart is not one I like to use because it presents differently to different time zones. However, a quick look at mine and I see a bearish diamond forming at the top of the range. If this plays out it would indicate a drop to approx 1.5530. I do ...
- Uphios replied Oct 3, 2010
A rare shot at my analysis of Cable for the coming session. A review of the monthly chart shows that October has been a mildly bullish month for every year since 2002 except for 2008 when we experienced the ‘credit crunch ’. During that particular ...
- Uphios replied Oct 1, 2010
Actually clogs, in principle I agree with you but for Him it was a valid reason to not short and you have to agree there are many different styles of trading apart from your own. In his case the reason has been validated by the subsequent action. ...
- Uphios replied Oct 1, 2010
Hi, cloggie, Hope you had a great day. Now as you can see from your chart and that post Price has not been lower since the post. As you say though, there are some really poor calls made here, and then some people end up by saying they were all good, ...
- Uphios replied Oct 1, 2010
Happy to drop it, I did start by saying 'if you wish to discuss'.
- Uphios replied Oct 1, 2010
Good call. Not been down more than a couple of pips since you posted. Better than I lot of the so called calls I saw yesterday.
- Uphios replied Oct 1, 2010
I'm sorry. I'm struggling to put that last comment into the context of your original post, was that cable specific?
- Uphios replied Oct 1, 2010
O.K. No prob. But you made no mention of using your stop loss to guide entry in the original post. I doubt many traders here even consider where a 'validated' S/L should be before entering their trade. Second part, I though that was what this forum ...
- Uphios replied Oct 1, 2010
Sorry, not alluding to you suggesting that, just an example of where you may have a target for a profit of say 100 pips BUT a 50 pip S/l makes no sense, it is in no mands land. Better to find a S/L that invalidates the trade, even if it is more than ...
- Uphios replied Oct 1, 2010
Another erxample (not to be recommended!). You reasonably judge the market will not go up or down by more than $1, 10,000 pips. You finance the account with $10000 and play a dollar per pip, never taking a loser. If you find your self in a loseing ...
- Uphios replied Oct 1, 2010
No, I'm not saying that. I'm saying that the circumstance you describe is not necessarily poor trading. For example one school of thought says your entry and target should be decided by your stop loss. That is to say why would you arbitarily set a ...
- Uphios replied Oct 1, 2010
I'm going to endorse this one as good advice, though there is a variation on 'poor trading' theme I could discuss if you wish.
- Uphios replied Oct 1, 2010
good to see we are on the same page. I am short targeting 1.5741 ish. Closed longs, missed the top as at hit the upper trend line, though they just might retest 1.59. Cost me 15 pips. Hope you more than made up for the 30 loss the other day. Good ...
- Uphios replied Sep 30, 2010
9 posts in three years! Your even quieter than me! I feel kind of honored to have seen it.
- Uphios replied Sep 30, 2010
I have similar lines but the lower has been broken here already and in 3 mins the new day starts and will open below that line. I am now back to using the low from 19th May which comes in now at about 1.5508. Wide range so I hope for some action to ...
- Uphios replied Sep 30, 2010
Mmmmmm. Dinner early, so soon after lunch. Closed all positions for the first time in a week. Lovely day.
- Uphios replied Sep 30, 2010
Whilst I hope for more down I am not seeing it yet, still trading in a wide range and futures are now up on the DOW so could be more rise to come.
- Uphios replied Sep 30, 2010
Maybe Nav but this bear went short at the recross of 1.59. All clossed now and back neutral. Could do with some more bull for dinner though