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How people should really trade!

  • #161
  • Dec 17, 2008 1:55am Dec 17, 2008 1:55am
Quoting Takisd
I simply dont have the time to manage all that. As you probably saw last night, I made the call for a long e/u on the trend line. It happened. I made it well early as well.

After that I didn't log back into FF, because I was busy doing my end of year accounting etc and after that I was just too pooped to be on here.. sorry.

That's absolutly fair enough, I kinda figured it might be a bit too much hassle. Was just an idea.
I still enjoy your thread and once more thanks for sharing with us guys.
Yeah your call was great and I've seen it. Haven't paid attention to that hourly trendline before you mentioned it.

I myself went long after it broke clear above 1.3900 and right now I think there's a good chance this thing is going down.

It hit a 50 fibo level form the last major wave down and it should give a healthy reaction before it goes further up IF it goes further up.

I got FAR FAR FAR too late into that short since it the 50 fib touch happend overnight for me but I still got in because I believe it has a lot more potential and this time I will be watching your 1H TL for an exit.

(btw because I missed my ideal entry I am demoing this trade for personal education purposes)
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Be like a post stamp! Stick to it until you get there!
  • #162
  • Dec 17, 2008 2:14pm Dec 17, 2008 2:14pm
Quoting Mary Pippins
That's absolutly fair enough, I kinda figured it might be a bit too much hassle. Was just an idea.
I still enjoy your thread and once more thanks for sharing with us guys.
Yeah your call was great and I've seen it. Haven't paid attention to that hourly trendline before you mentioned it.

I myself went long after it broke clear above 1.3900 and right now I think there's a good chance this thing is going down.

It hit a 50 fibo level form the last major wave down and it should give a healthy reaction before it goes further up IF it goes further up.

I...

I really didn't like that trade. Trend was way too strong for me to counter it. I don't use fibs, so it wasn't really an option to short for me. Hope it didn't hurt too much.

I am stilll holding about 20 long a/u at work. Hopefully we get another move up today. Wish I could trade e/u.. I'll probably get out of those positions today sometime.

Am so tired Argh.
  • #163
  • Dec 17, 2008 5:18pm Dec 17, 2008 5:18pm
Do you reply to PMs or don't you have the time? Or you just don't like talking to people?

Keen on your style, liking the simplicity, except I am in a pickle, last 13 of 15 trades have been profitable, but I'm trying a few different methods. So its hard to know which one to stick with.

Keep it up, good trading to all
  • #164
  • Dec 17, 2008 6:27pm Dec 17, 2008 6:27pm
Quoting SamboYam
Do you reply to PMs or don't you have the time? Or you just don't like talking to people?

Keen on your style, liking the simplicity, except I am in a pickle, last 13 of 15 trades have been profitable, but I'm trying a few different methods. So its hard to know which one to stick with.

Keep it up, good trading to all
Read post #147.........It is the holiday's MERRY CHRISTMAS!!!
  • #165
  • Dec 17, 2008 10:12pm Dec 17, 2008 10:12pm
Hi again Takisd,

Would really appreciate your thoughts on this chart

I'm looking to go short but I'm worried that the USD is fundamentally very weak atm.

Apart from that it ticks all my boxes.

Rgds
Steve
Attached Image (click to enlarge)
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  • #166
  • Dec 17, 2008 10:42pm Dec 17, 2008 10:42pm
Quoting stewrigh
Hi again Takisd,

Would really appreciate your thoughts on this chart

I'm looking to go short but I'm worried that the USD is fundamentally very weak atm.

Apart from that it ticks all my boxes.

Rgds
Steve
Attachment
I am on the sidelines on this one at the moment actually... Trying to get a trade approved. The big problem is, the thin market...

Its holiday time. Real dangerous to be getting in the market if you can't move it. My suggestion is to watch the trend lines, if there is a move towards the trend line, start long. In my opinion we may be going up tonight if we consolidate any further.
  • #167
  • Dec 17, 2008 11:10pm Dec 17, 2008 11:10pm
Hi Takisd,

Nice thread! Since you're a pro trader who works during Asian session, I was wondering if there are any general tips or suggestions you can pass on to retail traders, in regards to trading the Asian session.

Thanks!
  • #168
  • Dec 17, 2008 11:47pm Dec 17, 2008 11:47pm
Quoting Pips_Cruiser
Hi Takisd,

Nice thread! Since you're a pro trader who works during Asian session, I was wondering if there are any general tips or suggestions you can pass on to retail traders, in regards to trading the Asian session.

Thanks!
Just trade the prices man. Because the market doesnt follow any specific timezone. It just trades with the money.
  • #169
  • Dec 18, 2008 2:13am Dec 18, 2008 2:13am
Quoting Takisd
I am actually thinking to move over to europe (the motherland, european ancestors) so I might see whats available on the job market over there. Cost of living is alot cheaper.
Really..takisd, Australia being more pricier than Europe?
hmm...depends on western or eastern European countries.. ?
CCI decipherer
  • #170
  • Dec 18, 2008 3:35am Dec 18, 2008 3:35am
Quoting sogt725
Really..takisd, Australia being more pricier than Europe?
hmm...depends on western or eastern European countries.. ?
Sydney is the second most expensive city to live in mate. Europe is cheap as chips, I lived there for 5 yrs, very recently.
  • #171
  • Edited 5:12am Dec 18, 2008 4:18am | Edited 5:12am
Hi,

Just thought you might like to know the AU trade I posted earlier bounced off the trendline(to the pip!!!)

Thanks mate
  • #172
  • Dec 18, 2008 5:22am Dec 18, 2008 5:22am
Quoting Takisd
Sydney is the second most expensive city to live in mate. Europe is cheap as chips, I lived there for 5 yrs, very recently.
So you say its more expensive then Moscow then NYC?
  • #173
  • Dec 18, 2008 5:56am Dec 18, 2008 5:56am
Nice thread, like your style Takisd.

I think Sydney has regions within it that are amongst the priciest in the world but according to this source (and there are many conflicting sources) it only comes in at a lowly 19th:

http://sydfish.wordpress.com/2008/02...-in-the-world/

Moscow is number 1 and London number 2. They might have us beaten on property prices but we cannot be outdone on teen pregnancy.

As for New York, didn't there used be some banks there, I can't remember.
  • #174
  • Edited 4:34pm Dec 18, 2008 2:43pm | Edited 4:34pm
Quoting birdt
Nice thread, like your style Takisd.

I think Sydney has regions within it that are amongst the priciest in the world but according to this source (and there are many conflicting sources) it only comes in at a lowly 19th:

http://sydfish.wordpress.com/2008/02...-in-the-world/

Moscow is number 1 and London number 2. They might have us beaten on property prices but we cannot be outdone on teen pregnancy.

As for New York, didn't there used be some banks there, I can't remember.
Dno, all i know is that more than half my salary goes into rent. And its not because I wanted to, its because it was the only thing that was available I took. Costs me 12 dollars for a drink at a pub, and I remember last time I bought a drink in europe it was like 3 euro. (paris 2006)

Cost of living in Moscow is high? never knew that. I had London ahead of sydney purely because I've paid about 30$ for a coke there.

Actually after looking at that website, I'd like to see an updated version of it now. Considering everywhere except Australia's house bubble pretty much burst. And even with the economic crisis, there is too much demand here for housing thus prices are ludacris.
  • #175
  • Dec 19, 2008 12:16am Dec 19, 2008 12:16am
Quoting stewrigh
Hi again Takisd,

Would really appreciate your thoughts on this chart

I'm looking to go short but I'm worried that the USD is fundamentally very weak atm.

Apart from that it ticks all my boxes.

Rgds
Steve
Attachment
Hi Takisd,

Should have stuck to my guns.

This now at 69

C'est la vie!!

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  • #176
  • Dec 19, 2008 1:02am Dec 19, 2008 1:02am
Quoting Takisd
Dno, all i know is that more than half my salary goes into rent. And its not because I wanted to, its because it was the only thing that was available I took. Costs me 12 dollars for a drink at a pub, and I remember last time I bought a drink in europe it was like 3 euro. (paris 2006)

Cost of living in Moscow is high? never knew that. I had London ahead of sydney purely because I've paid about 30$ for a coke there.

Actually after looking at that website, I'd like to see an updated version of it now. Considering everywhere except Australia's...
In Moscow there are two kinds of people: the ones that have money and the ones that are broke. There aint no middle class there. Soon we will have same in Lithuania i guess. This is not getting better...
  • #177
  • Dec 19, 2008 6:59am Dec 19, 2008 6:59am
Hi Takisd,

it depends that you want but Zurich is ok for living. come to us.http://www.forexfactory.com/images/icons/icon7.gif

thanx for your thread.
  • #178
  • Dec 19, 2008 9:57am Dec 19, 2008 9:57am
sorry, i meant what you want...., not that you ...
  • #179
  • Dec 21, 2008 7:36pm Dec 21, 2008 7:36pm
I would love to move to switzerland, but its tough to get a job over there. I will look into it in the new year.

New staff starts in January, its going to be very interesting and competitive lol.

Anyways, I probably won't be appearing too often until new year.. So I wish you all a merry xmas / happy holidays, and a happy new year. 2009 is going to be a good one!
  • #180
  • Dec 21, 2008 7:38pm Dec 21, 2008 7:38pm
Quoting Takisd
I would love to move to switzerland, but its tough to get a job over there. I will look into it in the new year.

New staff starts in January, its going to be very interesting and competitive lol.

Anyways, I probably won't be appearing too often until new year.. So I wish you all a merry xmas / happy holidays, and a happy new year. 2009 is going to be a good one!
marry xmas to you to..

cheers
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