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  • #58,821
  • Mar 18, 2008 5:06pm Mar 18, 2008 5:06pm
ok, let me explain a few things here;
Nav, dont think this is the only place to be, Look and look and read and study, dont only stay here... i suggest to goto other fourms and read, BUT do come here to read on GBP, look for the over all picture... so what.. you lost.. everyone loses trust me.. but at least your not negative YET, and if you do become negative, money isnt everything, it just helps. Now if you lose money you can afford.. your set.. now if this money you cant... back away now, hold on to some money until you can Burn it and still live and feed your selfs...

Understand:
I my self have Blown my account live, how much did i lose? 150k, thats 150,000 dollars, enough to by 4 Mustang GT's or an entry to a house, Hell even 3 Tim Horten buisness... Trust me... You will Lose, and only when you Lose will you learn, so Lose what you can lose... (yes.. im able to lose that much..) but its the only way i learned was from getting burned. its like putting your hands in hot water the first time, you will then learn for the second time to approach the hot water.. sense it.. and if its too hot you wont touch it.. think like that with the market...

As for moe saying he needs to expand... yea he does, but the dude has a mine of his own, im sure he has expanded quite a bit, he understands the people here, and this fourm is more for a general direction of the general public. We have Bones My self and abuawad constently releasing information to the public on our trades. this should give you all a sens of direction.

Also my gut says we will see 9800 soon..... hehehe
As for bones.. Up trends over baby..... Time to head south

Hope this helps everyone... learn from my mistake.... only lose what you can, and only when you lose what you lose what you bairly could will you then learn its the purpose of life.

Now i dont mean to be an ass here Nav, but buddy dont expect to hit the high seas just yet on your first account... lol i have blown countless demos and one NASTY live account with a nice Fund haha...
And your mouth dropped
  • #58,822
  • Mar 18, 2008 5:10pm Mar 18, 2008 5:10pm
Quoting makey2u
ok, let me explain a few things here;
Nav, dont think this is the only place to be, Look and look and read and study, dont only stay here... i suggest to goto other fourms and read, BUT do come here to read on GBP, look for the over all picture... so what.. you lost.. everyone loses trust me.. but at least your not negative YET, and if you do become negative, money isnt everything, it just helps. Now if you lose money you can afford.. your set.. now if this money you cant... back away now, hold on to some money until you can Burn it and still live and feed your selfs...

Understand:
I my self have Blown my account live, how much did i lose? 150k, thats 150,000 dollars, enough to by 4 Mustang GT's or an entry to a house, Hell even 3 Tim Horten buisness... Trust me... You will Lose, and only when you Lose will you learn, so Lose what you can lose... (yes.. im able to lose that much..) but its the only way i learned was from getting burned. its like putting your hands in hot water the first time, you will then learn for the second time to approach the hot water.. sense it.. and if its too hot you wont touch it.. think like that with the market...

As for moe saying he needs to expand... yea he does, but the dude has a mine of his own, im sure he has expanded quite a bit, he understands the people here, and this fourm is more for a general direction of the general public. We have Bones My self and abuawad constently releasing information to the public on our trades. this should give you all a sens of direction.

Also my gut says we will see 9800 soon..... hehehe
As for bones.. Up trends over baby..... Time to head south

Hope this helps everyone... learn from my mistake.... only lose what you can, and only when you lose what you lose what you bairly could will you then learn its the purpose of life.

Now i dont mean to be an ass here Nav, but buddy dont expect to hit the high seas just yet on your first account... lol i have blown countless demos and one NASTY live account with a nice Fund haha...
  • #58,823
  • Mar 18, 2008 5:18pm Mar 18, 2008 5:18pm
Quoting makey2u
ok, let me explain a few things here;
Nav, dont think this is the only place to be, Look and look and read and study, dont only stay here... i suggest to goto other fourms and read, BUT do come here to read on GBP, look for the over all picture... so what.. you lost.. everyone loses trust me.. but at least your not negative YET, and if you do become negative, money isnt everything, it just helps. Now if you lose money you can afford.. your set.. now if this money you cant... back away now, hold on to some money until you can Burn it and still live and feed your selfs...

Understand:
I my self have Blown my account live, how much did i lose? 150k, thats 150,000 dollars, enough to by 4 Mustang GT's or an entry to a house, Hell even 3 Tim Horten buisness... Trust me... You will Lose, and only when you Lose will you learn, so Lose what you can lose... (yes.. im able to lose that much..) but its the only way i learned was from getting burned. its like putting your hands in hot water the first time, you will then learn for the second time to approach the hot water.. sense it.. and if its too hot you wont touch it.. think like that with the market...

As for moe saying he needs to expand... yea he does, but the dude has a mine of his own, im sure he has expanded quite a bit, he understands the people here, and this fourm is more for a general direction of the general public. We have Bones My self and abuawad constently releasing information to the public on our trades. this should give you all a sens of direction.

Also my gut says we will see 9800 soon..... hehehe
As for bones.. Up trends over baby..... Time to head south

Hope this helps everyone... learn from my mistake.... only lose what you can, and only when you lose what you lose what you bairly could will you then learn its the purpose of life.

Now i dont mean to be an ass here Nav, but buddy dont expect to hit the high seas just yet on your first account... lol i have blown countless demos and one NASTY live account with a nice Fund haha...
thx bro.....this truely is a experience!!!!!!
  • #58,824
  • Mar 18, 2008 5:20pm Mar 18, 2008 5:20pm
Quoting makey2u

Also my gut says we will see 9800 soon..... hehehe
As for bones.. Up trends over baby..... Time to head south

exactly im thinking i'll wait til mpc meeting for confirmation and enter big time.

as for this stupid rule about evry1 blowing their first account.
well thats a load of crap nothing is impossible. im pretty sure i wont blow mine.

its not overconfidence i believe its because of this forum which makes me acquainted with all possible views and hence be able to decide whether my plan was a good one or not.
i've been live only 1 week and so far no losses.
and i plan to keep it that way as i am not entering the market always and i literally made a set of rules that i stapled to my desk.

discipline and patience are the keys to makin it.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,825
  • Mar 18, 2008 5:22pm Mar 18, 2008 5:22pm
Mike ,Mike,Mike ,I have warned you of the trend which is intact LOL
And the interest rate thing, I think that was 500 pips at least ago LOL
You’ll make money out of a short cause you got balls of steel but it dose not have to be this way.
Check out the 4 hr dose that candle look bearish?

Ameri help me out here please you are the intrest rate king!!
Attached Image (click to enlarge)
Click to Enlarge Name: 4 hr.gif Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,826
  • Mar 18, 2008 5:26pm Mar 18, 2008 5:26pm
4h is strong bearish
it have to retrace up some pips coz of 1h but i think it will come back to 4h potential and drop more
i keep my short , and will sell another one on top this 1h retrecement

will see
  • #58,827
  • Mar 18, 2008 5:27pm Mar 18, 2008 5:27pm
Divergence between us both means only one thing... EVERYONE STAY OUT! lol wait until we agree.... Or.... just wait until she goes to 2.0206, if she breaks that.. ok... uptrend... right now she floped and if she breaks 9940.. its over... lol south.. but then again what a wait of good pips... dude... i hope your right though bones, you've been doing good.. but my heavy balls of steel are just hanging SOUTH! dude!! lOL!!!
And your mouth dropped
  • #58,828
  • Mar 18, 2008 5:29pm Mar 18, 2008 5:29pm
Quoting nAVIN2007
i thought the same thing but there is a channel on daily which tony (bones) has in chart and it does seem as if we have bounced..i closed the position losing my profit again ......lol because i fear he may be right ...

be carelfull buddy ..im not placing anymre trades today i cant seem to make good decisions right now ..
Im sure he is correct....that why i accepted the lose ...thx tone ......u saved me man !!!!
Thanks Nav but you must have your own mind,I can be wrong and would not like that for you.I give you my view, take the best bits and leave the rest thats what I do with others.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,829
  • Mar 18, 2008 5:30pm Mar 18, 2008 5:30pm
Quoting Bones
Mike ,Mike,Mike ,I have warned you of the trend which is intact LOL
And the interest rate thing, I think that was 500 pips at least ago LOL
You’ll make money out of a short cause you got balls of steel but it dose not have to be this way.
Check out the 4 hr dose that candle look bearish?

Ameri help me out here please you are the intrest rate king!!
this candle wont decide the trend plus we cut interest rates by 75bps.
look at the big picture cable since friday fell 450 pips made 320 back and then fell 220
plus the uptrend channel seems to be broken
and we have MPC meeting tomorrow (with inflation moderating i dont think they will hold)
and one more thing dollar is rebounding.

that plus technicals show a trend reversal
if we would have broken 350 today that would have set us back on track.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,830
  • Mar 18, 2008 5:30pm Mar 18, 2008 5:30pm
Quoting makey2u
Divergence between us both means only one thing... EVERYONE STAY OUT! lol wait until we agree.... Or.... just wait until she goes to 2.0206, if she breaks that.. ok... uptrend... right now she floped and if she breaks 9940.. its over... lol south.. but then again what a wait of good pips... dude... i hope your right though bones, you've been doing good.. but my heavy balls of steel are just hanging SOUTH! dude!! lOL!!!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,831
  • Mar 18, 2008 5:31pm Mar 18, 2008 5:31pm
Quoting makey2u
Divergence between us both means only one thing... EVERYONE STAY OUT! lol wait until we agree.... Or.... just wait until she goes to 2.0206, if she breaks that.. ok... uptrend... right now she floped and if she breaks 9940.. its over... lol south.. but then again what a wait of good pips... dude... i hope your right though bones, you've been doing good.. but my heavy balls of steel are just hanging SOUTH! dude!! lOL!!!
agreeeeeeeeeeeeeeeeeeeeeeeeeed
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,832
  • Mar 18, 2008 5:33pm Mar 18, 2008 5:33pm
Quoting oleevier
4h is strong bearish
it have to retrace up some pips coz of 1h but i think it will come back to 4h potential and drop more
i keep my short , and will sell another one on top this 1h retrecement

will see
You must look closer at that 4hr candle and you will see it is not a retrace
Check the wick out and where it stops ,check the colour of the candle
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,833
  • Mar 18, 2008 5:35pm Mar 18, 2008 5:35pm
mind you its got a bit to run ,you must wait till close of course
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,834
  • Mar 18, 2008 5:37pm Mar 18, 2008 5:37pm
abuawad you be the FED cut here and release the divergence between us two.. lol 3 people its gota be 2 Vs 1 now....
And your mouth dropped
  • #58,835
  • Mar 18, 2008 5:39pm Mar 18, 2008 5:39pm
Hello,

love your system but having trouble with stops. last night I was out of trade very early because my stop was at 25 what is your average stop pips you use and why you use this amount? For today's trade where do you put your stop as example.
  • #58,836
  • Mar 18, 2008 5:45pm Mar 18, 2008 5:45pm
Daily Inverted Hammer
Attached Image (click to enlarge)
Click to Enlarge Name: 4 hr.gif Size: 21 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,837
  • Mar 18, 2008 5:45pm Mar 18, 2008 5:45pm
Quoting Bones
Thanks Nav but you must have your own mind,I can be wrong and would not like that for you.I give you my view, take the best bits and leave the rest thats what I do with others.

no man u know i have a strong mind but i agree yur analysis is spot on ..its the hammer on 1hr chart that made me change my mind....and it closed in the channel trend u have ..

yur spot on..
i just cancel the trade because i cant take it..i get this feeling when im in a trade and it totally finishing off....cant explain it!
I think i hate losing money!!!!!..lol
  • #58,838
  • Mar 18, 2008 5:52pm Mar 18, 2008 5:52pm
Your right I know that Nav,I mean I would not enter unless I could withstand that daily channel at least,really you can not do this on tight stoploss's ,unless you trade the weekly.If you want great trades there on the weekly ,its where my very best trades have come from.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,839
  • Mar 18, 2008 5:54pm Mar 18, 2008 5:54pm
Quoting Bones
Daily Inverted Hammer
hey bones no disrespect man u know how much i respect u and ur analysis and GOD knows how much you've helped me but i need to tell i think u hae a mistake.

u c it seems that u are widening ur channel and i think thats a big mistake
on my 4h chart cable crossed the channel an unless the last candle closes above 2.0132 we look bearish.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,840
  • Mar 18, 2008 5:59pm Mar 18, 2008 5:59pm
No Salah I have checked that channel and it parallel.But im not long on that only.I have many reasons.Im waiting for close to think about my next move and I hope the 4 hr is going to be a pin.
On-site guru & also FF member's' psychiatrist, when not drinking tea
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