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  • #1,133,481
  • Sep 13, 2017 5:30am Sep 13, 2017 5:30am
got stopped on my long....it was such a stupid trade..........
trading is simple but is simple is not easy.
  • #1,133,482
  • Sep 13, 2017 5:45am Sep 13, 2017 5:45am
Very good Producer Price Index (MoM) expected at 30 min after NY opening time, -0.1% Previous, 0.3% Forecast, so at least 40 pips down movement and most likely a new daily low around 1.19250 ...
I am who I am
  • #1,133,483
  • Sep 13, 2017 5:54am Sep 13, 2017 5:54am
Quoting imwim
Very good Producer Price Index (MoM) expected at 30 min after NY opening time, -0.1% Previous, 0.3% Forecast, so at least 40 pips down movement and most likely a new daily low around 1.19250 ...
It could happen, but this zone is totally neutral for me or I am missing something from my charts.
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  • #1,133,484
  • Sep 13, 2017 5:55am Sep 13, 2017 5:55am
Quoting ZenNy
got stopped on my long....it was such a stupid trade..........
No far from it ,,,,,,just that 1976 level ,,,,,,just need to watch the days open and the 15 min 200, marked on both charts ,,,,,, sometimes those patterns are not pretty ,,,,,same thing happening , just a lot of the opposite happening too ,, just have to watch a few bigger levels for the day , no clear cut winner or direction yet,,,,,,but if the uj takes out last weeks high and its about to start tickling it it may tickle just long enough for the eur to pop till that average fails I am a buyer there ,,,,, you know which way the eur is gonna go,,,,,,keep the faith my friend
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  • #1,133,485
  • Sep 13, 2017 6:01am Sep 13, 2017 6:01am
Dig

Thanks for your comment..much appreciated as always.

I was flat at the European open......she was clearly into a range before I entered.......and I entered at the top of the range.....It is very difficult to be more naive then that...

I should have stayed aside......impatience kicked in and the fear of missing the move.....amateur stuff really.....
trading is simple but is simple is not easy.
  • #1,133,486
  • Sep 13, 2017 6:06am Sep 13, 2017 6:06am
this shitty zigzag london session must be at least once a week.
  • #1,133,487
  • Sep 13, 2017 6:07am Sep 13, 2017 6:07am
Quoting ZenNy
Dig Thanks for your comment.. I was flat at the European open......she was clearly into a range before I entered.......and I entered at the top of the range.....It is very difficult to be more naive then that... I should have stayed aside......impatience kicked in and the fear of missing the move.....amateur stuff really.....
I hear ya man,,,,,,,could turn out to be just a crappy range day or somebody gonna push something just far enough one way or the other to get things moving dont feel bad about having gotten in at top ,,,,,,,sheet I had one I had to rescue lol, dont know what that one was thinking
  • #1,133,488
  • Sep 13, 2017 6:12am Sep 13, 2017 6:12am
Quoting digger1
{quote} I hear ya man,,,,,,,could turn out to be just a crappy range day or somebody gonna push something just far enough one way or the other to get things moving
exactly that what it is.....in a range you buy bottom and sell top......mine was just one of the stupid trade I did for a while....anyway is done now......

but for the sake of the community is also good to admit when you are wrong and why and not just brag about winning trades.......I hope someone will gain a different prospective about this.....

Hopefully we can learn from each other.....
trading is simple but is simple is not easy.
  • #1,133,489
  • Sep 13, 2017 6:14am Sep 13, 2017 6:14am
Quoting ZenNy
{quote} exactly that what it is.....in a range you buy bottom and sell top......mine was just one of the stupid trade I did for a while....anyway is done now...... but for the sake of the community is also good to admit when you are wrong and why and not just brag about winning trades.......I hope someone will gain a different prospective about this..... Hopefully we can learn from each other.....
This is a great attitude and yes, we can learn from (others) mistakes. And I really like if somebody admits if he/she was wrong. It has much more value, even if are not just talking about trading
  • #1,133,490
  • Sep 13, 2017 6:17am Sep 13, 2017 6:17am
Quoting ZenNy
{quote} exactly that what it is.....in a range you buy bottom and sell top......mine was just one of the stupid trade I did for a while....anyway is done now...... but for the sake of the community is also good to admit when you are wrong and why and not just brag about winning trades.......I hope someone will gain a different prospective about this..... Hopefully we can learn from each other.....
Ill give ya one that may be wrong lol, long gbp from 3260 ,,,, she may not hold up but stop with in a few of entry Qr1 was the reason
  • #1,133,491
  • Sep 13, 2017 6:21am Sep 13, 2017 6:21am
good to know where you are in the cruel forex food chain.....
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making money is easy in forex, losing money is even easier...
  • #1,133,492
  • Sep 13, 2017 6:24am Sep 13, 2017 6:24am
Trying sell here 20p stop.
  • #1,133,493
  • Sep 13, 2017 6:26am Sep 13, 2017 6:26am
Good one, but 5% is a bit high I think. When do you say that you are succesful? Constant positive Realized PL? Subsistence?
On this week Iam definitely feel myself as a worm
  • #1,133,494
  • Sep 13, 2017 6:28am Sep 13, 2017 6:28am
Quoting Stillearnin
Trying sell here 20p stop.
Reasonable, after what we saw today. But maybe 1.2000 would be better
  • #1,133,495
  • Sep 13, 2017 6:29am Sep 13, 2017 6:29am
Quoting littlemole85
Good one, but 5% is a bit high I think. When do you say that you are succesful? Constant positive Realized PL? Subsistence? On this week Iam definitely feel myself as a worm
just remember a worm looks big to an gnat
  • #1,133,496
  • Sep 13, 2017 6:30am Sep 13, 2017 6:30am
There is a small scalp short option here, 1 hour prior to the usd PPI index news. Though id wager its limited to a 50 pip down sign at best.
Past glory means nothing on the battlefield
  • #1,133,497
  • Sep 13, 2017 6:45am Sep 13, 2017 6:45am
D1: Buy this stuff
H4: next candle under 1.20 and Iam selling it
H1: Keep away from the market, but would call it bull
M15: middle of todays shit, neutral

Decision tree: 1-1+0+0=0 See you tomorrow guys!
  • #1,133,498
  • Sep 13, 2017 6:47am Sep 13, 2017 6:47am
losing is part of trading....

s swing trade where the gain is double the risk has 60% chances to win.....the bigger the gain the less probability......

a scalp trade where the gain is the same as the risk has probably 70% chances to win...

if we cannot deal with losses then is best we do something else......most cannot deal with losses....
trading is simple but is simple is not easy.
  • #1,133,499
  • Sep 13, 2017 6:57am Sep 13, 2017 6:57am
EU 2020+ after red US news in 30 mins...

And good shorting opportunities for GU...ideally above 3300 into 3130.
Everyone can see the chart, but only a few can actually read it.
  • #1,133,500
  • Sep 13, 2017 7:15am Sep 13, 2017 7:15am
Quoting OnlineAddict
EU 2020+ after red US news in 30 mins... And good shorting opportunities for GU...ideally above 3300 into 3130.
but how? good news is expected .. any leak info?
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