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  • #56,661
  • Jan 15, 2009 8:29am Jan 15, 2009 8:29am
3140 long again
  • #56,662
  • Jan 15, 2009 8:30am Jan 15, 2009 8:30am
Quoting mikkom
I'm quite glad I decided to stay out and wait until the dust settles, this must be the king of whipsaw sessions.
This is like hunting with antlers on your head
  • #56,663
  • Jan 15, 2009 8:31am Jan 15, 2009 8:31am
im long at 1.32
  • #56,664
  • Jan 15, 2009 8:34am Jan 15, 2009 8:34am
Worst day ever
CrizZzZzZzZz
  • #56,665
  • Jan 15, 2009 8:35am Jan 15, 2009 8:35am
Quoting mcfx
im long at 1.32
my above chart in regards to resistance!
http://www.forexfactory.com/images/icons/icon9.gif
  • #56,666
  • Jan 15, 2009 8:35am Jan 15, 2009 8:35am
well there goes my demo account. crazy shit.
  • #56,667
  • Jan 15, 2009 8:35am Jan 15, 2009 8:35am
Quoting "expert"
3140 long again
why in the world would u do that ??
  • #56,668
  • Jan 15, 2009 8:35am Jan 15, 2009 8:35am
The look on Trichet's face, when pressed by that female journalist about the ECB's plans for further rate cuts in March, gave me all the message I wanted to hear... Apparently I'm not the only one, given the price action right after that question was posed.
  • #56,669
  • Jan 15, 2009 8:36am Jan 15, 2009 8:36am
It is called trying to out-guess the market. Best to what for things to settle down. Even if it is only demo.
  • #56,670
  • Jan 15, 2009 8:38am Jan 15, 2009 8:38am
Quoting IcoHristovBG
Worst day ever
Mee too. Not the worst, but some incidental action made some of my balance evaporate. Tomorrow will be better.
Manage your risk accordingly and you're half done your home work.
  • #56,671
  • Jan 15, 2009 8:39am Jan 15, 2009 8:39am
which also happens to be my daily s1
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  • #56,672
  • Jan 15, 2009 8:45am Jan 15, 2009 8:45am
why are you guys going long? after the dust settles the trend will probably resume. i'm still short from 1.34 and have no plans to exit anytime soon.
  • #56,673
  • Jan 15, 2009 8:47am Jan 15, 2009 8:47am
Not much happening on the highertime frames ... decided to scalp 5 min chart using the 5 Min Momo System. Locked in a nice amount so far.
  • #56,674
  • Jan 15, 2009 8:53am Jan 15, 2009 8:53am
Quoting jgoff
why are you guys going long? after the dust settles the trend will probably resume. i'm still short from 1.34 and have no plans to exit anytime soon.
What's the best way to learn to be a long-term profitable trader?
  • #56,675
  • Jan 15, 2009 8:56am Jan 15, 2009 8:56am
Quoting pipmyride
why in the world would u do that ??
And why not.Post me your chart and explain why to go short.I write heare with charts why i am long.

I might change my mind and add more shorts,I still have 1 runningfrom 4250
  • #56,676
  • Jan 15, 2009 8:58am Jan 15, 2009 8:58am
Quoting "expert"
And why not.Post me your chart and explain why to go short.I write heare with charts why i am long.

I might change my mind and add more shorts,I still have 1 runningfrom 4250
My chart tells me that its crazy to try ANYTHING right now unless your the king of scalping - please take no offense - i meant none, its ballsy to put ur plays here.
But i looked and thought there is nothing that tells me that spot was a long ...
  • #56,677
  • Jan 15, 2009 8:58am Jan 15, 2009 8:58am
Quoting Lmac108
What's the best way to learn to be a long-term profitable trader?
Learn what Madoff did. $50 bil over 50 years. Not too bad.
Although going to jail at the end kinda sucks.

Start at www.babypips.com young fella.
  • #56,678
  • Jan 15, 2009 8:59am Jan 15, 2009 8:59am
Bottom at about 1,3090 is strong, but it should break it and go to about 1,3000. Then maybe reverse.
  • #56,679
  • Jan 15, 2009 9:01am Jan 15, 2009 9:01am
Quoting pipmyride
My chart tells me that its crazy to try ANYTHING right now unless your the king of scalping - please take no offense - i meant none, its ballsy to put ur plays here.
But i looked and thought there is nothing that tells me that spot was a long ...
Real good reasons why not too long. It's called resistance. Not directed to pimp my ride.
  • #56,680
  • Jan 15, 2009 9:04am Jan 15, 2009 9:04am
Trend is Our Friend, but I am not waiting to see below 1.3033 at least today.

I have only one short open at 1.3740.
I do not Long Euro!!!
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