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EURUSD

  • #34,301
  • Sep 25, 2008 6:45pm Sep 25, 2008 6:45pm
Bot EUR
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  • #34,302
  • Sep 25, 2008 6:58pm Sep 25, 2008 6:58pm
Take 1/2 profit 50 pips and Put Stops to ENTRY for EUR/USD Intraday Longs (green arrow)


Quoting Algirdas
http://4.bp.blogspot.com/_nmIuQsC9b-...R_USD+Spot.png
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  • #34,303
  • Sep 25, 2008 7:06pm Sep 25, 2008 7:06pm
Quoting SpecialEd
Cobra is a hard worker. He's probably busy scalping on the 15S(second) chart.
Hi Ed, yea you where right, Cobra was busy scalping on hourly some bottles of Scotch with his friends in the beach while you were babysitting the frozen screens.

Now back, taking profit on pips (lot 1: 80, lot 2: 40) I made with my not new “do the opposite of the guys in the thread” method. See my earlier posts.


BTW: wished to have 5sec chart but my broker don’t support that, I think Oanda does.
  • #34,304
  • Sep 25, 2008 7:11pm Sep 25, 2008 7:11pm
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  • #34,305
  • Sep 25, 2008 7:14pm Sep 25, 2008 7:14pm
asian ppl are buying dollahz as expected
  • #34,306
  • Sep 25, 2008 7:16pm Sep 25, 2008 7:16pm
Quoting bigandrich
Sounds like the bailout talks went south. Apparently very heated.

House GOP leaders state wallstreet, not taxpayers, should fund plan
Its a political stunt. Will have an extremely negative consequence for McBushame
USD Est Non Mortuus
  • #34,307
  • Sep 25, 2008 7:28pm Sep 25, 2008 7:28pm
Short time ?
  • #34,308
  • Edited 7:46pm Sep 25, 2008 7:35pm | Edited 7:46pm
http://4.bp.blogspot.com/_nmIuQsC9b-...R_USD+Spot.png
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  • #34,309
  • Sep 25, 2008 7:35pm Sep 25, 2008 7:35pm
so i post one entry order long and one entry order short before i go to class.

my long hits at the PEAK of that period..at 4662. then crashes straight down to hit my stop. then it hits my short at 4594 and refuses to hit my limit set at 4554. then it rockets back up to exit me out.

im so sad.
  • #34,310
  • Sep 25, 2008 7:37pm Sep 25, 2008 7:37pm
Quoting cobraforex
Hi Ed, yea you where right, Cobra was busy scalping on hourly some bottles of Scotch with his friends in the beach while you were babysitting the frozen screens.

Now back, taking profit on pips (lot 1: 80, lot 2: 40) I made with my not new “do the opposite of the guys in the thread” method. See my earlier posts.


BTW: wished to have 5sec chart but my broker don’t support that, I think Oanda does.
Cobra, I hope you know I was joking. I admire your trading skills and work ethic. While most of us were monitoring dead screens, you were getting refreshed for the next big move.

Thanks for the PM. Leaving on golf trip early am, but will check it out upon return Monday.

Good trading,
Ed
Up or down, gimme a ticket
  • #34,311
  • Sep 25, 2008 7:42pm Sep 25, 2008 7:42pm
I short entry 1,4655
  • #34,312
  • Sep 25, 2008 7:44pm Sep 25, 2008 7:44pm
Will it fall down ?
  • #34,313
  • Sep 25, 2008 7:47pm Sep 25, 2008 7:47pm
Algirdas,

I have a long-standing "long"; holding on to the 47s as advised. Got a feel for where my TP should be?

Thanks much,
Ed
Up or down, gimme a ticket
  • #34,314
  • Sep 25, 2008 7:52pm Sep 25, 2008 7:52pm
Quoting ak4x
Closing all trades asap and moving to secret gummint installation on Mars until the disturbance in the farce is settled. No forwarding address.

Good luck earthlings.
Really... I'm going to run for office.

Truly unbelievable.
  • #34,315
  • Sep 25, 2008 8:00pm Sep 25, 2008 8:00pm
Quoting SpecialEd
Algirdas,

I have a long-standing "long"; holding on to the 47s as advised. Got a feel for where my TP should be?

Thanks much,
Ed
If it's truly "long" like mine, TP at 1.58, but SL below 1.38. It's a sure win! I just hope you didn't use big lots.
  • #34,316
  • Sep 25, 2008 8:07pm Sep 25, 2008 8:07pm
Quoting falcon232
If it's truly "long" like mine, TP at 1.58, but SL below 1.38. It's a sure win! I just hope you didn't use big lots.
Now if I were like some of the guys on this thread, I'd be cursing you right now and telling you "this is a thread for serious traders" and "I'm just trying to learn something; I thought this thread was about HELP". But, since I'm not, I'll merely say that I am in intra-day (wannabe) trader and thus do not tend to have the brass to leave my trade with those big stops - and I never use big lots.

I've got my TP at 4727. Just thought I'd ask Al's advice since he's been so certain that pa would go to 47somethin most of the afternoon.
Up or down, gimme a ticket
  • #34,317
  • Sep 25, 2008 8:11pm Sep 25, 2008 8:11pm
Quoting GJ_Trader
Ouch.. i'm eating my positions
OK. Enough is enough.

The Old Debate:

A) I'm Scaling In.

B) I'm Adding to a Lo$ing Position.

Technically the Same Thing BUT Vast Effect on your Balance.

If Reducing Exposure to The Market {Closing Some Positions} is ranked at 2 on a Trading Experience scale of 1 - 10 , then Adding to ANY Position, Winning or Lo$ing, should be ranked at ~ 8.

One of the toughest things to do is Ply Your Trade behind a glass window where everyone can see your mistakes & failures. Most of them won't recognize your mistakes and so you keep on keepin' on. {ask any musician or actor}

Even Tougher, is to admit to yourself; You were wrong.

These are the points that we Must Attend To 'post haste'


btw. I visit this thread twice/day & {each time} have 4 pagesx40Posts to catch up on Therfore I scan. which, basically, means I {potentially} miss some very pertinent posts.

Good luck to all and that from a 30+ year vet.

The Name of the Game IS "Stay in the Game!"
  • #34,318
  • Sep 25, 2008 8:12pm Sep 25, 2008 8:12pm
Quoting SpecialEd
Now if I were like some of the guys on this thread, I'd be cursing you right now and telling you "this is a thread for serious traders" and "I'm just trying to learn something; I thought this thread was about HELP". But, since I'm not, I'll merely say that I am in intra-day (wannabe) trader and thus do not tend to have the brass to leave my trade with those big stops - and I never use big lots.

I've got my TP at 4727. Just thought I'd ask Al's advice since he's been so certain that pa would go to 47somethin most of the afternoon.
I want to know how Al arrived at 47 during the morning. I was so sure it wouldn't go above my pivot ot 4646 at the most. Now how are you arriving at 4727?
  • #34,319
  • Sep 25, 2008 8:15pm Sep 25, 2008 8:15pm
Quoting SpecialEd
Now if I were like some of the guys on this thread, I'd be cursing you right now and telling you "this is a thread for serious traders" and "I'm just trying to learn something; I thought this thread was about HELP". But, since I'm not, I'll merely say that I am in intra-day (wannabe) trader and thus do not tend to have the brass to leave my trade with those big stops - and I never use big lots.

I've got my TP at 4727. Just thought I'd ask Al's advice since he's been so certain that pa would go to 47somethin most of the afternoon.
The ONLY time I ever profit from forex is when I trade using trendlines and follow H&S patterns on dailies, weeklies, etc.
If you draw a trendline on the EUR/USD weekly, you will see that we are still in the uptrend- in fact, we just bounced off the low pretty convincingly.
  • #34,320
  • Sep 25, 2008 8:16pm Sep 25, 2008 8:16pm
http://2.bp.blogspot.com/_nmIuQsC9b-...rver++9999.png
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