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- #22,162
- Aug 21, 2008 2:45am Aug 21, 2008 2:45am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
- #22,167
- Aug 21, 2008 2:52am Aug 21, 2008 2:52am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
- #22,170
- Aug 21, 2008 2:55am Aug 21, 2008 2:55am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
Still going down 9 min more before confirmation
Either way, the breaking of psych levels is starting to intrigue me a lot. hmm..i think there may well be something to psyche levels.
- #22,171
- Aug 21, 2008 2:57am Aug 21, 2008 2:57am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
man, look at gold take a dive 
- #22,174
- Aug 21, 2008 2:59am Aug 21, 2008 2:59am
wow a guy cant take a couple of extra hours of sleep, lol. i knew Europe was going to be very volantile today so i stayed outttttttttt.
. damn later on i got to go get some shots.......
. damn later on i got to go get some shots....... DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
- #22,176
- Aug 21, 2008 3:08am Aug 21, 2008 3:08am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
uptrend will continue as long as stay above 4780 now.
tp 4950 then short there hard because gold wont breach 850 anymore
indicators which mean nothing for some ppl here says to me :
5M at support
15M at suport
30M long bias with acceleration mode
1H same as above
3H stall
daily correction on the way
tp 4950 then short there hard because gold wont breach 850 anymore
indicators which mean nothing for some ppl here says to me :
5M at support
15M at suport
30M long bias with acceleration mode
1H same as above
3H stall
daily correction on the way
- #22,178
- Aug 21, 2008 3:16am Aug 21, 2008 3:16am
- | Joined Apr 2008 | Status: You never know | 1,306 Posts
uptrend will continue as long as stay above 4780 now.
tp 4950 then short there hard because gold wont breach 850 anymore
indicators which mean nothing for some ppl here says to me :
5M at support
15M at suport
30M long bias with acceleration mode
1H same as above
3H stall
daily correction on the way
Expected the unexpected
- #22,179
- Aug 21, 2008 3:18am Aug 21, 2008 3:18am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
To altrader
Considering my time in is VERY short, I think my response will be incomplete and strickly from 11.000 meters, if you will.
But for the moment, its personality definitely suits me! Liquidity, volatility along with a 24-hour market are all pluses and very different from the equities environment. Sure we throw around those words in equities but they are not the constant mainstays like in FOREX. Again, speaking in general...I know we have "illiquid" pairs present in the FX markets.
As far as what's easier.....can't accurately say for now. Fundamentally, I feel it is easier than equities: tracking how fundamentals impact a particular currency pair vs how they impact individual stocks, for example.
Technically, thus far, it is more difficult on the FX side. For the same "pro" I mentioned above. It's a 24-hr market so one of the things I have run into is problems establishing accurate S/R levels and pivots: price action not snapping to my levels and hanging off in space so-to-speak and/or not corresponding to key fib levels. Maybe I am not using the right timeframe off of GMT/what the institutional guys with the deep pockets are looking at. Again speaking generally, this is one issue that comes to mind. And one I am sure I will learn about from the seasoned traders here.
We are off the thread topic and I dont want to violate forum rules on my first day so....let's get back to trading EURUSD!
Here's to more winners than loosers today traders!