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  • #1,121,921
  • Jul 7, 2017 2:54am Jul 7, 2017 2:54am
Quoting Ata-Turkoglu
{quote} Lol.. nah it is not that easy to offense me.. relax.. Well.. I was not raised by German parents that's why.. but happily I have a well respected name.. anyways.. back to trading mon cher.. shall we? lol Stay Green
Quoting Ata-Turkoglu
{quote} Good.. we started with cheesy jokes.. let's hope the trading day doesn't end that cheesy.. lol Good luck to all.. Stay Green
Sorry for the cheese, man
I'm not trading, that's why I bother people around, sorry
Member
  • #1,121,922
  • Jul 7, 2017 2:58am Jul 7, 2017 2:58am
Quoting Ken A
{quote} People can write a book from a single chart starting from trend line, flag, harmonics patterns, fibs and everything covered in babypips101 to impress the noobs. But very seldom they cover why market is buying or selling because the variables are limitless. Most will argue technical is driving fundamental then the vicious cycle of chicken and egg argument will start {quote} It started prior to FOMC due to market expectation, the next day followed by negative...
Good post.

True, there is a lot of garbage around but one has to be able to filter what is valuable for himself and then he/she needs to bring himself forward with his own style....

Because the variable are limitless I believe one has specialize in the specific....otherwise one will be end up with a nasty "omelette" .

I did not trade it because my system did not indicate any entries for me yesterday.....but in hindsight the hourly offered a great opportunity to enter as a continuation after the bull flag.....I guess being aware of the fundy which you pointed out would have been much easier taking the continuation.....

Personally I do not need fundy, I am in and out in less than a few hours (sometime I close at the end of NA session) and I just follow the price.....

Said that one has to find a way which suits him/her best....
trading is simple but is simple is not easy.
  • #1,121,923
  • Jul 7, 2017 3:04am Jul 7, 2017 3:04am
Quoting TudorIoan
{quote} {quote} Sorry for the cheese, man I'm not trading, that's why I bother people around, sorry
Lol.. no need to be sorry.. I personally enjoyed the show..
Focus only on what truly matters!
  • #1,121,924
  • Jul 7, 2017 3:10am Jul 7, 2017 3:10am
Quoting Ata-Turkoglu
{quote} Lol.. no need to be sorry.. I personally enjoyed the show..
I hope you have enjoyed it, because I don't want to bother one of the most appreciated decent chart analyst and trader on this thread (excuse candies, sweets this time )
Member
  • #1,121,925
  • Jul 7, 2017 3:18am Jul 7, 2017 3:18am
Ata can I ask you about the sell trades on your demo accounts. Do you not use stop loss? How do you deal with big negative trades? Reason I ask is I am in the same boat. I have buy orders now positive but they are way high and sells are stacked from low to high. I took out some buy orders at positive and sold when I thought market turned but as usual it goes on back up and another sell is negative and the buy is not covering the loss and equity goes down. Of course I fall in to the old trap of guessing rather than waiting which I talked about to bbk1 yesterday. Almost blew my account last week so am in recovery mode. story of my trading life lol
  • #1,121,926
  • Jul 7, 2017 3:18am Jul 7, 2017 3:18am
Quoting ZenNy
hourly offered a great opportunity to enter as a continuation after the bull flag....
Bull flag; when price is moving down to pick up buyer then price going up. The reverse is true for bear flag. This is seen many times over and over again. EU has been ranging for the third year in a row. The levels are there.

Quoting ZenNy
I guess being aware of the fundy which you pointed out would have been much easier taking the continuation.....
For the scheduled events (timing) can be anticipated but often caught off guard the unscheduled verbal intervention, tweets, conflicts etc.
  • #1,121,927
  • Jul 7, 2017 3:23am Jul 7, 2017 3:23am
Anybody trading today? And if so anyone wants to sell this or are you all betting on higher high?
  • #1,121,928
  • Jul 7, 2017 3:29am Jul 7, 2017 3:29am
Quoting Stillearnin
Anybody trading today? And if so anyone wants to sell this or are you all betting on higher high?
Let the upcoming news decide the direction.
  • #1,121,929
  • Jul 7, 2017 3:31am Jul 7, 2017 3:31am
Quoting Stillearnin
Anybody trading today? And if so anyone wants to sell this or are you all betting on higher high?
My bet:
NFP over estimations, like +177K ...180K
->EUR/USD a little bearish
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  • #1,121,930
  • Jul 7, 2017 3:31am Jul 7, 2017 3:31am
Quoting Stillearnin
Anybody trading today? And if so anyone wants to sell this or are you all betting on higher high?
I only entered one trade on gu short, then she went ranging and I got out at BE.....No legs showing.....so I am staying on the side for now.....
trading is simple but is simple is not easy.
  • #1,121,931
  • Jul 7, 2017 3:31am Jul 7, 2017 3:31am
Quoting TudorIoan
{quote} Oh, that's very simple: streusel kuchen (as Ata prefers) not baklava ...see? lol
Baklava still shmeks besser , sehr gut !
  • #1,121,932
  • Jul 7, 2017 3:34am Jul 7, 2017 3:34am
Quoting yanitsa
{quote} Baklava still shmeks besser , sehr gut !
Schmeckts besser, sehr gut, vereinbart!
Member
  • #1,121,933
  • Jul 7, 2017 3:35am Jul 7, 2017 3:35am
Quoting ZenNy
{quote} I only entered one trade on gu short, then she went ranging and I got out at BE.....No legs showing.....so I am staying on the side for now.....
oops.......well...
Attached Image
trading is simple but is simple is not easy.
  • #1,121,934
  • Jul 7, 2017 3:37am Jul 7, 2017 3:37am
This chat makes me want to fly to Istanbul for baklava... curse you all and my sweet tooth.. Turks do baklava better than us greeks.
  • #1,121,935
  • Jul 7, 2017 3:38am Jul 7, 2017 3:38am
Quoting ZenNy
{quote} oops.......well... {image}
maybe that disastrous UK data ?
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  • #1,121,936
  • Jul 7, 2017 3:41am Jul 7, 2017 3:41am
Quoting TudorIoan
{quote} maybe that disastrous UK data ? {image}
yes...
trading is simple but is simple is not easy.
  • #1,121,937
  • Jul 7, 2017 3:42am Jul 7, 2017 3:42am
40 pips drop in 2 min for GBPUSD pair on entirely bad data in a row (Industrial Production, Manufacturing Production, Goods Trade Balance, Trade Balance; non-EU and Total Trade Balance). Euro drop next...
I am who I am
  • #1,121,938
  • Jul 7, 2017 3:48am Jul 7, 2017 3:48am
Quoting imwim
40 pips drop in 2 min for GBPUSD pair on entirely bad data in a row (Industrial Production, Manufacturing Production, Goods Trade Balance, Trade Balance; non-EU and Total Trade Balance). Euro drop next...
Why should EUR drop along pound based on bad UK data ?
  • #1,121,939
  • Jul 7, 2017 3:48am Jul 7, 2017 3:48am
Quoting TudorIoan
{quote} Let's see that, alright. But for me is like gambling to guess if the Big Dogs will jump above the resistance before the US important data I'm staying out for now. GL!
I fully agree with your assessment and I did wait for the US data that was all better than expected. So the EUR/USD should drop instead it went up like a rocket who is the pilot flying the EUR/USD?
  • #1,121,940
  • Jul 7, 2017 3:50am Jul 7, 2017 3:50am
Quoting imwim
40 pips drop in 2 min for GBPUSD pair on entirely bad data in a row (Industrial Production, Manufacturing Production, Goods Trade Balance, Trade Balance; non-EU and Total Trade Balance). Euro drop next...
Nice drop on Cable indeed, did you caught a piece?
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