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  • #25,141
  • Aug 28, 2008 9:55am Aug 28, 2008 9:55am
Quoting altrader
If that is the case then I'm better off not trading during those periods.

I don't have a good system for trading ranges yet.

It's funny when you lost 50pips. You feel like getting them all back straight away. Well, I'm not going to fall for that. I'm going to sleep, lol.
good discipline there mate... no worries lets be positive for tomorrow.. cheers
  • #25,142
  • Aug 28, 2008 9:56am Aug 28, 2008 9:56am
Will it bounce the Pivot at 4712 or keep going down....
  • #25,143
  • Aug 28, 2008 9:56am Aug 28, 2008 9:56am
Let's settle down below 1.47 first, and then tomorrow will look bright
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #25,144
  • Aug 28, 2008 9:58am Aug 28, 2008 9:58am
Let's see how well 1.4700 support holds up. If if doesn't then we might be looking toward 1.4650 or 1.4600.
Imma do the things that i wanna do I ain't got a thing to prove to you
  • #25,145
  • Aug 28, 2008 9:58am Aug 28, 2008 9:58am
Shorted from 724, 30 pip sl, first tp 675..
On the path to Enrichment.
  • #25,146
  • Aug 28, 2008 9:58am Aug 28, 2008 9:58am
Well I would have to say that trader 801's pip God was good to me so i'm off my knees and taking some pips Pheeewww.
  • #25,147
  • Aug 28, 2008 9:59am Aug 28, 2008 9:59am
Finally, back to break even for the past two days. Traded with clear signals I was just stopped me out too many times. Not giving up though, lol. This market this month is a gambler's/gamer's dream.

I want to be a wizzard and haven't lost enough cash yet. Need some more big losers to make me a winner. Isn't that how it works?
Redefining Reality
  • #25,148
  • Aug 28, 2008 9:59am Aug 28, 2008 9:59am
Quoting trading801
good discipline there mate... no worries lets be positive for tomorrow.. cheers
Yeah true. It's a new day tomorrow and besides, I think I learned something new about my system today, so that is valuable
  • #25,149
  • Aug 28, 2008 10:07am Aug 28, 2008 10:07am
Quoting kamala
Well I would have to say that trader 801's pip God was good to me so i'm off my knees and taking some pips Pheeewww.
i am VERY glad you came out GREEN

and i am sure the experience u gained today is worth much more
  • #25,150
  • Aug 28, 2008 10:08am Aug 28, 2008 10:08am
S&P is at the last peak at the moment, now all depends which way it will go. .. Oh and oil is also correcting down. This is an interesting combination.
  • #25,151
  • Aug 28, 2008 10:08am Aug 28, 2008 10:08am
Quoting fontu
Join late to see my shorts , lots of good news from US but still some remains .
& also see the gold above 840$ , what happened ? any clue .
No bother some of shorts though but market really very crazy .

fontu
Any possibility of where it will turn around. As an xpertrate!
What goes up comes down, so always make Forex better than u met it.
  • #25,152
  • Aug 28, 2008 10:09am Aug 28, 2008 10:09am
is th retrace temporary.i see this going down more
  • #25,153
  • Aug 28, 2008 10:11am Aug 28, 2008 10:11am
Quoting oolides
is th retrace temporary.i see this going down more

my guess .. is some london folks prob exiting their positions ... packing up.. going for some larger across the street.. HEE
  • #25,154
  • Aug 28, 2008 10:21am Aug 28, 2008 10:21am
Quoting Two percent
I think the EURUSD will hit 1.4800 tomorrow.
The reason behind my thinking is that Gold ( which correlates to Oil ) will be going up at least 15 USD , because Oil will continue to go up, and therefore
EURUSD which tends to also go in the same direction will also go up to 1.4800.

If not Thursday then watchout Friday.

P.S. I don't play EURUSD only GOLD

Good trading all.
I know that my post from yesterday was completely overlooked. But I did tell you all what will happen today.

At the time I wrote this post 21.00 CET, I bought many many units of Gold at 827 USD and sold them at 842 USD, as I had predicted.

EURUSD reached 1.4800 much earlier than I expected.

Its better to watch Gold to get an insight into the EURUSD.

My work is now finished for the week. I am now going swimming.

Have a good weekend all.
  • #25,155
  • Aug 28, 2008 10:21am Aug 28, 2008 10:21am
Quoting atif
It's about how to plan a trade, take a position, understand the market, Risk Management ext.
Go to Amazon.com to read more about this book.
I am not selling anything. Just trying to help newbies.
thanks
  • #25,156
  • Aug 28, 2008 10:25am Aug 28, 2008 10:25am
Quoting trading801
my guess .. is some london folks prob exiting their positions ... packing up.. going for some larger across the street.. HEE
are you still in or you exited already.i am still in and i dont like this retrace
  • #25,157
  • Aug 28, 2008 10:32am Aug 28, 2008 10:32am
Quoting fontu
Join late to see my shorts , lots of good news from US but still some remains .
& also see the gold above 840$ , what happened ? any clue .
No bother some of shorts though but market really very crazy .

fontu
Any possibility of where it will turn around. As an xpertrate!
What goes up comes down, so always make Forex better than u met it.
  • #25,158
  • Aug 28, 2008 10:55am Aug 28, 2008 10:55am
where is everyone gone too.this place was lively before now its like a graveyard
  • #25,159
  • Aug 28, 2008 11:04am Aug 28, 2008 11:04am
I'm trowing a small long probe, just to test the 1.70 for resistance;
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #25,160
  • Aug 28, 2008 11:05am Aug 28, 2008 11:05am
lol i exited too early . . . but you made some good pips right?

i did a risky trade.. i longed @ 1.47

very risky... for my overnight
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