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
20% entertainment.
I hope.
Either way - good to have.
- #31,482
- Sep 17, 2008 8:57pm Sep 17, 2008 8:57pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
Ok, I'm new here and I want to ask you if this is a Morning Star on the daily chart???
(Hello and Welcome!)I don't have the same formation on my chart (different feeds, different brokers), anyway technically to be a morning star "by the book" the center candle would have to be a doji.
Instead, at the same place I have what seems to be a tweezers bottom, and a possible morning star a few days before...
- #31,483
- Sep 17, 2008 9:01pm Sep 17, 2008 9:01pm
- Joined Mar 2007 | Status: Trader | 3,709 Posts
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.
A year - even doing it part time is an accomplishment.
If you are winning... don't change a thing. (Maybe the MM
)Mike
- #31,484
- Sep 17, 2008 9:06pm Sep 17, 2008 9:06pm
- Joined Jul 2008 | Status: Trader | 1,722 Posts
Hola y Bienvenido
I don't have the same formation on my chart (different feeds, different brokers), anyway technically to be a morning star "by the book" the center candle would have to be a doji.
Instead, at the same place I have what seems to be a tweezers bottom, and a possible morning star a few days before...
Up or down, gimme a ticket
- #31,486
- Sep 17, 2008 9:08pm Sep 17, 2008 9:08pm
- | Joined Nov 2007 | Status: Trader | 2,903 Posts
You're part of a small club.
A year - even doing it part time is an accomplishment.
If you are winning... don't change a thing. (Maybe the MM
Mike
(disclosure open long AUDUSD .7940)
eidt
- #31,487
- Sep 17, 2008 9:12pm Sep 17, 2008 9:12pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Different opinions highly valued, ignorant to slander.
- #31,488
- Sep 17, 2008 9:18pm Sep 17, 2008 9:18pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
(disclosure open long AUDUSD .7940)
eidt
is 913 now.
- #31,489
- Sep 17, 2008 9:21pm Sep 17, 2008 9:21pm
- Joined Mar 2007 | Status: Trader | 3,709 Posts
Warren predicted the price of gold would move way up.
He predicted government intervention would be needed to save some big corporations.
In retrospect... I believe I was a little hard on him.
A few of his doom and gloom scenarios have come to fruition.
Mike
- #31,490
- Sep 17, 2008 9:25pm Sep 17, 2008 9:25pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
In retrospect... I believe I was a little hard on him.
A few of his doom and gloom scenarios have come to fruition.
Mike
A little hard?
- #31,491
- Sep 17, 2008 9:28pm Sep 17, 2008 9:28pm
- | Joined Nov 2007 | Status: Trader | 2,903 Posts
I'm watching that but is missing confirmation on 1M chart.
is 913 now.
- #31,492
- Sep 17, 2008 9:29pm Sep 17, 2008 9:29pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #31,493
- Sep 17, 2008 9:29pm Sep 17, 2008 9:29pm
- Joined Jul 2008 | Status: Trader | 1,722 Posts
In fundamentals are'nt that much under us that could beat him.
A little hard?
Very qualified though, I agree, but let's not revive the campaign. I should not have brought it up. Sorry.
Up or down, gimme a ticket
- #31,494
- Sep 17, 2008 9:32pm Sep 17, 2008 9:32pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
You know what.
Warren predicted the price of gold would move way up.
He predicted government intervention would be needed to save some big corporations.
In retrospect... I believe I was a little hard on him.
A few of his doom and gloom scenarios have come to fruition.
Mike
- #31,495
- Sep 17, 2008 9:34pm Sep 17, 2008 9:34pm
- Joined Jul 2008 | Status: Trader | 1,722 Posts
Going to bed.
Good trading to all.
Psiholog, pay attention!
(good calls on your trades today). Thanks.
Good trading to all.Psiholog, pay attention!
(good calls on your trades today). Thanks.
Up or down, gimme a ticket
- #31,496
- Edited 9:43pm Sep 17, 2008 9:34pm | Edited 9:43pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
1 mini to start, getting hit at the moment. Could be a problem, heh. will probably add another if it goes down 100 pips. too bad I don't hav your chartign system, could have saved me some money
BUT THIS IS EUR?USD
Update: scalped at 898, that is how I work, short term.
- #31,497
- Sep 17, 2008 9:35pm Sep 17, 2008 9:35pm
- Joined Mar 2007 | Status: Trader | 3,709 Posts
I really do think that the thread has been a lot more productive and collegial since he departed. I also appreciate not having to read such long posts.
Very qualified though, I agree, but let's not revive the campaign. I should not have brought it up. Sorry.
- #31,498
- Sep 17, 2008 9:37pm Sep 17, 2008 9:37pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Different opinions highly valued, ignorant to slander.
- #31,499
- Sep 17, 2008 9:38pm Sep 17, 2008 9:38pm
- Joined Mar 2007 | Status: Trader | 3,709 Posts
I know I wasn't. We'll just leave it at that.
- #31,500
- Sep 17, 2008 9:53pm Sep 17, 2008 9:53pm
- | Joined Nov 2007 | Status: Trader | 2,903 Posts
Took it at 870 SL 20.
BUT THIS IS EUR?USD
Update: scalped at 898, that is how I work, short term.
SRY no more about AUD