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  • #51,281
  • Dec 18, 2008 4:07am Dec 18, 2008 4:07am
Quoting systemofthewave
Hi Andy, I'm confused by your chart and your smiley face indicating you made a large profit.

I have Oanda too. When I enter a long or close a short i get that blue triangle pointing up. When my S/L gets hit I get a red circle. With this said, it appears a stop loss was hit with the red circle and a short closed or a long open with the blue triangle.
Perhaps you just didn't close your position yet?
The blue triangle is where i entered long, the red circle where my trailing stop got hit.
  • #51,282
  • Dec 18, 2008 4:07am Dec 18, 2008 4:07am
Quoting Niandra_lade
I was waiting all day for a break of 145.

So I go to get some dinner, come back, and missed 200 pips.

If you were sitting at the screen and didnt catch at least 100, I suggest you give Forex away!
I got at least 400 pips actually from 3 different OP
  • #51,283
  • Dec 18, 2008 4:08am Dec 18, 2008 4:08am
*@#&@$^ I've been waiting all day long but it stood still. And I went to my afternoon sleep just for 45 minutes. And loose the train... Hahaha bad luck to me.
Manage your risk accordingly and you're half done your home work.
  • #51,284
  • Dec 18, 2008 4:09am Dec 18, 2008 4:09am
ah thanks. I learned something. Haven't yet used that function with Oanda yet.

Quoting andys0506
The blue triangle is where i entered long, the red circle where my trailing stop got hit.
  • #51,285
  • Dec 18, 2008 4:10am Dec 18, 2008 4:10am
Quoting Driver55
Good morning, everyone.
Boys when ends this tornado, any ideas?
Good morning Driver55. Looks like the tornado actually hit about the time you posted this.

Good morning to all. Just getting up. Looks like I missed a rush, but another will come. No need to be a chaser.
Up or down, gimme a ticket
  • #51,286
  • Dec 18, 2008 4:16am Dec 18, 2008 4:16am
ohhhh,I was in short position at 1.4460 without any stop loss.It bursted me almost 160 pips.
  • #51,287
  • Dec 18, 2008 4:18am Dec 18, 2008 4:18am
Is anyone considering entering a trade?

I am looking to buy at 4570 (R1) and just around the 38% fib of todays move up
  • #51,288
  • Dec 18, 2008 4:23am Dec 18, 2008 4:23am
Just did my x-mas by 110 pips with heavy lot. Nice! No more trades today and maybe tomorrow as well

H1, H4, D1 scream for DOWN, so I'll better stay flat until confirmation of the reversal IF it is happening.
  • #51,289
  • Dec 18, 2008 4:23am Dec 18, 2008 4:23am
I see EURGBP parity. ECB is upto something.
  • #51,290
  • Dec 18, 2008 4:26am Dec 18, 2008 4:26am
Quoting adetolub
I see EURGBP parity. ECB is upto something.
What do you mean by upto something?
  • #51,291
  • Dec 18, 2008 4:26am Dec 18, 2008 4:26am
Quoting SpecialEd
Good morning Driver55. Looks like the tornado actually hit about the time you posted this.

Good morning to all. Just getting up. Looks like I missed a rush, but another will come. No need to be a chaser.

Morning SpecialEd

EDIT : As I said before.. This is not a market ... this is a cheerful brothel.
The best thing that can happen to you is to find out where you're wrong.
  • #51,292
  • Dec 18, 2008 4:27am Dec 18, 2008 4:27am
Quoting andys0506
Is anyone considering entering a trade?

I am looking to buy at 4570 (R1) and just around the 38% fib of todays move up
I wouldn't get in now, unless you are very good at counter-trend trading. At this time, traders are closing out long positions and pocketing the money.
  • #51,293
  • Dec 18, 2008 4:29am Dec 18, 2008 4:29am
Quoting Jhig
I wouldn't get in now, unless you are very good at counter-trend trading. At this time, traders are closing out long positions and pocketing the money.
For me I see 570 as a key level.
I am now long 575 stop at 560 - so only 15 pip risk. If its going to bounce higher theres a high probability it will from this level
  • #51,294
  • Dec 18, 2008 4:30am Dec 18, 2008 4:30am
Ok point proven out -15
  • #51,295
  • Dec 18, 2008 4:32am Dec 18, 2008 4:32am
Quoting Driver55
Morning SpecialEd

EDIT : As I said before.. This is not a market ... this is a cheerful brothel.
Yes I saw that and liked it. In a "cheerful brothel" it does what Algirdas always refers to - money flows like water.
Up or down, gimme a ticket
  • #51,296
  • Dec 18, 2008 4:33am Dec 18, 2008 4:33am
Quoting andys0506
Ok point proven out -15
From the very top of that long move ... expect at least a 100pips or more downward. That was a huge move in a very short time. Traders will not let that ride ... they will pocket the money and wait for another setup
  • #51,297
  • Dec 18, 2008 4:34am Dec 18, 2008 4:34am
Now it is at 61,8 fib of a rise 1.4430. let see if it bouncess
I am back. Actually, I never left...
  • #51,298
  • Dec 18, 2008 4:35am Dec 18, 2008 4:35am
Quoting Jhig
From the very top of that long move ... expect at least a 100pips or more downward. That was a huge move in a very short time. Traders will not let that ride ... they will pocket the money and wait for another setup
Ok next level to watch 531 - 50% of todays leg up
  • #51,299
  • Dec 18, 2008 4:36am Dec 18, 2008 4:36am
Quoting taragula
Now it is at 61,8 fib of a rise 1.4430. let see if it bouncess
I draw my fibs from day high/low They seem to be more consistant.
  • #51,300
  • Dec 18, 2008 4:37am Dec 18, 2008 4:37am
570 is R1, we need a break to the upside of that level before I consider another long now.
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