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  • #31,461
  • Sep 17, 2008 8:06pm Sep 17, 2008 8:06pm
Quoting acumen
Mine does not take into account Sunday.
Mine neither... but we most probably are using different brokers.
  • #31,462
  • Edited 8:10pm Sep 17, 2008 8:09pm | Edited 8:10pm
Quoting doblece
Mine neither... but we most probably are using different brokers.
Alpari.

Supposed to read I'm using...
  • #31,463
  • Sep 17, 2008 8:13pm Sep 17, 2008 8:13pm
Quoting cobraforex
Worthless
250 pips is worthless, I thought you are a scalper, what the h#ll you are trading, 4h chart?
Is that message worth the same than there are no gaps in FX?
Do you like it more on 5 min?


I didn't mean for scalpers.

It is comical - EVERY TRADE I take I do so on a 1 minute chart.

I was thinking in terms of head and shoulders, etc.
  • #31,464
  • Sep 17, 2008 8:14pm Sep 17, 2008 8:14pm
Quoting acumen
Alpari.

Supposed to read I'm using...
LOL! No problemo.
FxPro here (former NF).
  • #31,465
  • Sep 17, 2008 8:17pm Sep 17, 2008 8:17pm
Quoting acumen
Mine does not take into account Sunday.
Acumen my man, I have PP at .4265 from FXI pivots. Is this wrong. I know it is not much difference unless your T/P misses by 2 pips.
  • #31,466
  • Sep 17, 2008 8:20pm Sep 17, 2008 8:20pm
Quoting SpecialEd
I knew you'd get 'em for disparaging those 1-minute charts.
No respect Ed.

None whatsoever.

I'm the the RD of trading.
  • #31,467
  • Sep 17, 2008 8:21pm Sep 17, 2008 8:21pm
Ok, I'm new here and I want to ask you if this is a Morning Star on the daily chart???
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  • #31,468
  • Sep 17, 2008 8:24pm Sep 17, 2008 8:24pm
Quoting TIckerShuffl
My first trade I put 30% at risk and made a majority of the money. My second trade I put ~20% (house money) at risk and was down the whole thing until over night and I ended up 7%. AFter that I pared back and played with 1-3% on a few trades.
Tikky you are gambling, not trading, wow and with the house money, not the best example for the new followers of this thread
  • #31,469
  • Sep 17, 2008 8:24pm Sep 17, 2008 8:24pm
today was kinder after the flogging i've taken in the past 48 hours...
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  • #31,470
  • Sep 17, 2008 8:25pm Sep 17, 2008 8:25pm
Quoting Gofer Pips
Acumen my man, I have PP at .4265 from FXI pivots. Is this wrong. I know it is not much difference unless your T/P misses by 2 pips.
That's about a close as we can expect.

  • #31,471
  • Sep 17, 2008 8:30pm Sep 17, 2008 8:30pm
Quoting cobraforex
Tikky you are gambling, not trading, wow and with the house money, not the best example for the new followers of this thread
He knows he's gambling with those kind of numbers.

I don't think he's looking to be a role model.

Novice Traders - if you do what Tiki is doing you will lose.

I PROMISE.

Tiki - sincerely - please think about reducing your MM a little.

I'm really not telling you what to do... it's just a thought.

Mike
  • #31,472
  • Sep 17, 2008 8:31pm Sep 17, 2008 8:31pm
Quoting GuateForex
Ok, I'm new here and I want to ask you if this is a Morning Star on the daily chart???
Good question GuateForex. Technically it is not, but almost. The middle candle gapped down on the open, and it is surely small (as per the definition). The 3rd candle, however, did not gap up on its open. I say almost because (1) you have three candles that look to be in right order and size and (2) the 3rd candle did indeed close at higher than half of the 1st candle.

I'm just signing back on so I don't know where this is at, but I'd suggest you proceed with caution. Don't accept it as bullish reversal on face value, but watch it closely because you may get the same result - UP, UP, UP.

My two cents, which ain't worth two cents.
Up or down, gimme a ticket
  • #31,473
  • Sep 17, 2008 8:32pm Sep 17, 2008 8:32pm
great the move i was waiting for all week happened at the weirdest hour right after i went to sleep....wonderful....anyways heres the chart i been posting all week yet again...next stop...1.4540
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Different opinions highly valued, ignorant to slander.
  • #31,474
  • Sep 17, 2008 8:40pm Sep 17, 2008 8:40pm
Quoting GuateForex
Ok, I'm new here and I want to ask you if this is a Morning Star on the daily chart???
However... Ed posted a thread with a user called EyeVoltage that does have some mad candlestick skills.

I don't use them.

m
  • #31,475
  • Sep 17, 2008 8:42pm Sep 17, 2008 8:42pm
Quoting SpecialEd
Good question GuateForex. Technically it is not, but almost. The middle candle gapped down on the open, and it is surely small (as per the definition). The 3rd candle, however, did not gap up on its open. I say almost because (1) you have three candles that look to be in right order and size and (2) the 3rd candle did indeed close at higher than half of the 1st candle.

I'm just signing back on so I don't know where this is at, but I'd suggest you proceed with caution. Don't accept it as bullish reversal on face value, but watch it closely because you may get the same result - UP, UP, UP.

My two cents, which ain't worth two cents.
Man... you have been studying.

Like a sponge you are. (Me doing Yoda)

Nice job.

m
  • #31,476
  • Sep 17, 2008 8:46pm Sep 17, 2008 8:46pm
Quoting GuateForex
Ok, I'm new here and I want to ask you if this is a Morning Star on the daily chart???
If you refer to the second last candle, that is a doji, it is a reversal candle if it is on the top or the bottom of a wave, the doji needs to be confirmed with the next candle. During a wave ignore them
Hope that helped.
  • #31,477
  • Sep 17, 2008 8:46pm Sep 17, 2008 8:46pm
I wanted to tell you guys how much I've enjoyed this thread the last few months. I'm new and have nothing worth saying other than thank you for the time you take to inform and entertain
  • #31,478
  • Sep 17, 2008 8:48pm Sep 17, 2008 8:48pm
Quoting acumen
He knows he's gambling with those kind of numbers.

I don't think he's looking to be a role model.

Novice Traders - if you do what Tiki is doing you will lose.

I PROMISE.

Tiki - sincerely - please think about reducing your MM a little.

I'm really not telling you what to do... it's just a thought.

Mike
I hear ya. There are different levels of risk and I don't always bet heavy. Just did a 2 mini trade to book $50 bucks. I am just starting to recognize that I have to be aware of what risks I am taking, but the slections of trades is more robust than I can imagine. There so many ways to trade teh market, and sometimes I like to increase the risk to increase the reward. Churning my account with 20 pip stops all day is a lot of work, and I have other work i need to tend to. I am not doing this as a profession, I am just rying to make some money. I did good last year, even with some catastrophic trades...lol.
  • #31,479
  • Sep 17, 2008 8:49pm Sep 17, 2008 8:49pm
Quoting mikkom
Wall Street stumbled again Wednesday, with anxieties about the financial system still running high even after the government bailed out the insurer American International Group Inc. "People are scared to death," said Bill Stone, chief investment strategist for PNC Wealth Management

Looks like there is a widespread panic at wall street and this causes all these crazy moves.

This is probably not the worst time to buy some gold futures.
I'm so nervous about all these banks going belly up that I've whipped 80% of my money out of my US platform account. I've got my fingers crossed now that the money will make it to the other side of the world safely and that the bank the money is going to doesn't go belly up either. Guess I'll just have to trade mini lots now - boo hoo ...
Nothing worth having is easy.
  • #31,480
  • Sep 17, 2008 8:51pm Sep 17, 2008 8:51pm
Quoting acumen
Man... you have been studying.

Like a sponge you are. (Me doing Yoda)

Nice job.

m
Been working it hard. Figured if I wanted to make it my day job, and not lose all my capital along the way, I needed to study like a fiend and become as knowledgeable of this business as I was my previous one. I appreciate you noticing. You and EV have been big helps, along with my man Jurassic and some others. Uh oh, can't forget AK4X and MalcolmB.

Ed
Up or down, gimme a ticket
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