Originally Posted by Qu|cksilver http://www.forexfactory.com/images/buttons/viewpost.gif
I set my TP at 1.9644
Really? That was my TP and it wasn't hit.
I set my TP at 1.9644
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DislikedWhat is the link to the thread ? .............
Will there be any refreshments ? ..................
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DislikedVery risky if you wanna go against momentum (trend). And I asked you which trend, because you were wrong. That was shortly after the bull run,
you could not differentiate that the cycle has ended. So how am I reading my screen upside down? I did not give that call you did.
Ok it is almost more than 6 hours since that call, which buy dip where you referring to?
It was after I my post on which time frame you were looking you gave a different version, so what is the big deal if I explain my method to another person that asked me.Ignored
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Anyway... already 80 pips drop since that SHORT signal. Cable nearly retrace to 61.8% Fibbo from today Low and High. Better bank in the profit for capital appreciation. To BUY FROM DIP... LONG now or when 61.8% Fibbo is touched with tight SL a few pips below that fibbo....
If there's possibility for downward breakout... can place PO SELL STOP below that 61.8% Fibbo. Prepare for both possibility. Anyway... the NEWS later on will show direction.
This is my INTRADAY TRADE PLAN. Do not follow blindly.
A.Y.O.R >>> At Your Own Risk.
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DislikedFirst of all... around 100 pips (and counting) drop when CABLE retrace from the last BULL run. I did explained I used M30 chart for that SHORT SIGNAL... the "short term (M30)" Momentum at that moment was BULLISH. Whoever shorted should have taken out out profit for capital appreciation or just let the profit runs by placing TS or lowering SL from the SHORT earlier. Why you say I was wrong??? Could you explain in details.
Second of all... I did mentioned where I would place my Buy From Dip order... together with MM. If it go against me... I got SL and also got PO SELL STOP if CABLE continue to fall down. I've got nothing to hide. I am preparing myself with BULL and BEAR in a day... because I am mostly an INTRADAY trader.
Thirdly, there is NO BIG deal if you are trying to explain your method and opinion. Much appreciated. The problem is... when you say others are WRONG as if you are GOD. You are not 100% accurate yourself... did you LONG when CABLE go above 1.9808 just now? Your analysis on your chart stated BUY above 1.9808. I could be wrong in understanding your chart.Ignored
DislikedYour call was wrong as at the time you made it. That is it. You cannot change that........
It is about:
Why do forex behave consistently in cycles/periods like other things in the universe, arrange in cycles and periods, orderly in fractal like manner. This is the way God arranged billions of stars including our earth, including human actions and forex is not different. Some one then said we should not talk about God here. How can we understand his pattern without talking about Him...............Ignored
DislikedMaybe God can cycle this thread back to it's topic.
Sheeeesh! What happened to this thread? It used to be at least entertaining at times and sometimes informative for fx trading. But the last 24 hrs ....
First Rouge$Trader gets suspended for posting a chart...granted it was huge, but at least relevant. But then nothing about the numerous off topic posts of Bible thumping and Darwin BS....gee, who's never heard all those arguments before? What do they have to do with the Cable, or even FX?
Maybe you have something to offer, whether it's God showing you how to trade, your VooDoo magic, Hare Krishna chanting around your monitor, a special dartboard, a talking dog, Elliot Wave, or whatever BS you think can show you entries and exits, or even direction, at least keep it relevant and spare us the preaching, and goofy off topic nonsense.
And all this came out of Malaysia's call for a short entry...with MM recommendations included. Fxbroker wants to keep saying he was wrong, even after he nailed the swing high for the day, then a 100 pip run. Wrong, Huh? Fxbroker, BTW, recommended BUY above 1.9808. This mentality of having to be right is why people wont cut their losses and will let a small looser turn into a 100+ pip looser.
BTW, I was wrong too, I and grabbed 127 pips on multiple entries on that run down. How irresponsible of me, I wasn't following God's direction.
Thanks Malaysia, please feel free to be so wrong more often.
Now, Can we please keep it relevant to the thread, or at least the website?
-Tman
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The thread is a great place, but it is just infested with too many people with too many wild views on what they think cable should do and not what it is doing, all with the hope of being called good trade caller.--fxbrokerIgnored