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- GreyGoose replied Mar 16, 2011
Wanker — I thought wanker is a 1H candle with a long wick and that Clog was making a trade call to go short. (a quiet student of Clog)
- GreyGoose replied Jan 13, 2011
correlations — I think it means the market thinks the dollar is shit, but the franc is shitter. It's true. Corrleations have changed alot the past month or two.
- GreyGoose replied Oct 6, 2010
correlation — Agree. It got out of sync when the BOJ started its intervention. Until then it was good for scalping EJ.
- GreyGoose replied Oct 6, 2010
correlation — I like your thinking. Usually I see the EUR/USD and especially the EUR/JPY following the DOW and S&P.
- GreyGoose replied Sep 21, 2008
Maybe Up — If it breaks 1.4550 convincingly on Monday, it could go all the way to 1.48. No recent resistance. Still, it may first retrace to 50% of last week's range: 1.4317. H4 RSI is high. If there are any other bank failures in EU, USA or ...
- GreyGoose replied Sep 20, 2008
next week — Technically, if 1.4550 is convincingly broken, there is no major resistance until 1.48. I think that there may be a correction down first. The RSI is almost at its max. With the recent continuous news, I plan to lower my lot size ...
- GreyGoose replied Sep 19, 2008
waiting for breakout — Waiting for breakout. Looks like bear.
- GreyGoose replied Sep 19, 2008
Cobra, You didn't mention the two big ones: 1. No f---en bosses 2. No f---en clients
- GreyGoose replied Sep 18, 2008
agree — Still demoing a few days before returning to trades really has helped me. It also let's you check if your trading strategies and system are valid.
- GreyGoose replied Sep 18, 2008
DEMO for a few days. I do it. It regains your confidence. If I have a few consecutive losing days, I demo. I've been there and will be there again.
- GreyGoose replied Sep 18, 2008
agree — Dancing around the 38.2 Fib. Sell stop @ 1.433 Buy Stop @ 1.442 (did not respect R1) Maybe scalp in the meanwhile using RSI.
- GreyGoose replied Sep 17, 2008
Not enough FORExPLAY
- GreyGoose replied Sep 17, 2008
psiholog: Your fibs are perfect. It just hit 23.6 and is retracing a little.
- GreyGoose replied Sep 15, 2008
[quote=SpecialEd;2219648] Mostly, we're a bunch of 2nd/3rd career old farts ... Special Ed: Bullseye. Could not have said it better.
- GreyGoose replied Sep 14, 2008
Still a Bear — I'm still a bear. If it hits 1.43 I'm wrong and flat until the market takes direction. Therefore, I will sell when the 4 hour RSI hits 75 or reverses. My profit taking is half at 1.4140 and half 1.4055.
- GreyGoose replied Sep 12, 2008
Be careful. Last week on bad data they (Hedge funds?) dropped EURUSD 70 pips before going up a couple of pips.
- GreyGoose replied Sep 12, 2008
Strange — Very strange. Usually there is alot of noise and scalping potential before big US releases. I'm out until after the news.
- GreyGoose replied Sep 10, 2008
Maybe you're right. But it just shot up 40 or so pips to 4138 and then shot down like it was being hunted.
- GreyGoose replied Sep 10, 2008
Crazy — Stop Hunting 101
- GreyGoose replied Sep 5, 2008
Scalping before a news release is safer than after the release. Just be out before the release. Scalping right after a release is suicide, unless you use >50 pip stop losses.