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  • #53,501
  • Jan 4, 2009 9:31pm Jan 4, 2009 9:31pm
Quoting klinckphilip
oh yeah just trying to get 30 or so pips
locked in at even now in three pips will be locked at 10 pips I am going for 3884 now. after that I see bit downside potential
  • #53,502
  • Jan 4, 2009 9:36pm Jan 4, 2009 9:36pm
Quoting klinckphilip
locked in at even now in three pips will be locked at 10 pips I am going for 3884 now. after that I see bit downside potential
oh well 15 pips too much slow down there


dont short yet fellers the hour and the 15 min have not hit their 21s yet
  • #53,503
  • Jan 4, 2009 9:40pm Jan 4, 2009 9:40pm
Quoting doughnut
Hi guys i have a sell order @1.4000 i am a Jacko turtle student my mentor trades 200 lots @ a time for those who want to play safe sell hight medium term target 1.3300 god bless all happy new year to all and make lots of $ and have patience
I forgot if this is your type of trade you need 100 pip stop loss good luck
Trade less make more!
  • #53,504
  • Jan 4, 2009 9:46pm Jan 4, 2009 9:46pm
Quoting klinckphilip
locked in at even now in three pips will be locked at 10 pips I am going for 3884 now. after that I see bit downside potential
Please do not take this as anything other than a compliment Philip.

It has become apparent to me that you feel you Must be In The Market...
& that will bring you down.

Call when you see one & Coast when you don't.

There is an inherant responsibility with having an audience. You do not know if they are Real or Demo; Rich or Poor. Perhaps that is inconsequential to you & you feel you are only 'Calling it as you see it',.

Well; ce la vie...
  • #53,505
  • Jan 4, 2009 9:50pm Jan 4, 2009 9:50pm
I'm thinking a limit long at 1.3630 is a way to play this potential short side hypertrade before turning back north. .. /shrug

Different trades for different conditions.
  • #53,506
  • Jan 4, 2009 9:51pm Jan 4, 2009 9:51pm
Quoting doughnut
I forgot if this is your type of trade you need 100 pip stop loss good luck
good deal Ill sell here and use 200 lots at $100 a piece
  • #53,507
  • Jan 4, 2009 9:54pm Jan 4, 2009 9:54pm
Quoting TIckerShuffl
I'm thinking a limit long at 1.3630 is a way to play this potential short side hypertrade before turning back north. .. /shrug

Different trades for different conditions.
i don't think it will hit that mark until either tomorrow morning or afternoon. what is your take on the 3630 area?
  • #53,508
  • Jan 4, 2009 9:54pm Jan 4, 2009 9:54pm
For those who look at fundementals ECB will cut rates this will cause eu to go down sometimes maket prices that in early so look for pricese to go down from 1.4100 to at least 1.3300 BUT I COULD BE WRONG Good luck
Trade less make more!
  • #53,509
  • Jan 4, 2009 10:01pm Jan 4, 2009 10:01pm
[quote=Bemac;2448235]Please do not take this as anything other than a compliment Philip.

It has become apparent to me that you feel you Must be In The Market...
& that will bring you down.

Call when you see one & Coast when you don't.

There is an inherant responsibility with having an audience. You do not know if they are Real or Demo; Rich or Poor. Perhaps that is inconsequential to you & you feel you are only 'Calling it as you see it',.

Well; ce la vie...[/quote



I thank you for you sage advice I may put up signature that says do not trade by my advice I mearly trade when I like it and I also I am quite new myself. I did not really think about the audience I feel like the newbie that noone might listen to so I really am just keeping myself accountable. I dont call the ones that I get from others so I am trading off of others but people who are vouched for. I suggest all of you do the same and with a demo. I a trading live but with a very low start amount of $70 and I am now at about 500. I am trading on free cash so I am more risky.
  • #53,510
  • Jan 4, 2009 10:02pm Jan 4, 2009 10:02pm
I am looking for a turn down at or around 11:15pm est and break to new daily lows. - cycles on M5 charts lining up. Also that dang S1 mid in the way.
  • #53,511
  • Jan 4, 2009 10:11pm Jan 4, 2009 10:11pm
Quoting SunTrader
I am looking for a turn down at or around 11:15pm est and break to new daily lows. - cycles on M5 charts lining up. Also that dang S1 mid in the way.
if it does hit down, support will bounce off at 1.3830.... or maybe not. where ahave you taken a short position? or are you patiently waiting to take a long position in couple minutes?
  • #53,512
  • Jan 4, 2009 10:22pm Jan 4, 2009 10:22pm
Quoting klinckphilip
good deal Ill sell here and use 200 lots at $100 a piece
I understand what you are saying dont look at the # of post i have contributed i started to trade 3 years ago with 10k lost it all put another 10 k lost again placed another 5 k this time had a strategey and stuck with it now i trade 10 lots at a time and learnt lots from my mentor longer tearm is better but dont want to start a war i could be making money going short and you could be making money going long same trade and time frame all i have to say is if you are commited dont give up but learn you mistakes in the end you could win i know some of you fustraded dont leverage yourself too much and be smart in the end you wtill win good luck my spelling sucks sorry im french
Trade less make more!
  • #53,513
  • Jan 4, 2009 10:29pm Jan 4, 2009 10:29pm
It's 2009 trading for this pair has only movement is from 1.398x - 1.383x. Does anyone have idea which way will it break? I will wait till it break north back to somewhere 1.41xx.

  • #53,514
  • Jan 4, 2009 10:32pm Jan 4, 2009 10:32pm
Quoting moewenger
It's 2009 trading for this pair has only movement is from 1.398x - 1.383x. Does anyone have idea which way will it break? I will wait till it break north back to somewhere 1.41xx.

in general they tend to go in the direction of the trend, in this case down
  • #53,515
  • Jan 4, 2009 10:38pm Jan 4, 2009 10:38pm
Quoting moewenger
It's 2009 trading for this pair has only movement is from 1.398x - 1.383x. Does anyone have idea which way will it break? I will wait till it break north back to somewhere 1.41xx.


That's all we have is ideas around here.

Seriously though, here is one way to look at it:

The 2008 candle had a red (or black) body with about 1500 pip wicks
on top and bottom each side.

If you like candlesticks, maybe a yearly candle analysis will give you some ideas.
  • #53,516
  • Jan 4, 2009 10:40pm Jan 4, 2009 10:40pm
Quoting arthurb
in general they tend to go in the direction of the trend, in this case down
i know the trend is down. but i dont have any intention to short this pair since the price is not good to enter now. maybe if this pair break 1.38xx i can have a way down depending on the dollar index though.
  • #53,517
  • Jan 4, 2009 10:43pm Jan 4, 2009 10:43pm
Quoting moewenger
i know the trend is down. but i dont have any intention to short this pair since the price is not good to enter now. maybe if this pair break 1.38xx i can have a way down depending on the dollar index though.
you'd still go down even if it breaks 1.38xx? i thought maybe go reverse if it touches pass support 2. again, lets see. its only opinions right?
  • #53,518
  • Jan 4, 2009 10:44pm Jan 4, 2009 10:44pm
Quoting toshi
That's all we have is ideas around here.

Seriously though, here is one way to look at it:

The 2008 candle had a red (or black) body with about 1500 pip wicks
on top and bottom each side.

If you like candlesticks, maybe a yearly candle analysis will give you some ideas.
Thanks. I will be tempted to short cable rather than this pair then.
  • #53,519
  • Jan 4, 2009 10:46pm Jan 4, 2009 10:46pm
Quoting PipPipPip
you'd still go down even if it breaks 1.38xx? i thought maybe go reverse if it touches pass support 2. again, lets see. its only opinions right?
Then I will go north depending on the PA(Price Action). Thanks pippip...
  • #53,520
  • Jan 4, 2009 10:47pm Jan 4, 2009 10:47pm
Quoting toshi
That's all we have is ideas around here.

Seriously though, here is one way to look at it:

The 2008 candle had a red (or black) body with about 1500 pip wicks
on top and bottom each side.

If you like candlesticks, maybe a yearly candle analysis will give you some ideas.
DAMN: I don't want to have to Think about this: Is it Going UP or DOWN? Tell Me Now!

I Don't have time for this argumentative bullshit. I'm here to make money.

WOW Rookie Brain Fart. Excuse Me Please.
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