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  • #361
  • Feb 12, 2009 1:09pm Feb 12, 2009 1:09pm
Notice how price came right up to resistance broke getting some traders long then came right back down. Classic sucker play get em long with their tight stop loss and take there money. The previous high was 1.2538 price came up just now tested it went to 1.2546 then down. So the folks going long the break of 1.2538 just got had by the boys.

This is such a scam journal i am doing. I cant believe i post charts give analysis and such how dare I.

What a scammer I am.
Attached Image (click to enlarge)
Click to Enlarge Name: uscad.jpg Size: 118 KB
  • #362
  • Feb 12, 2009 1:33pm Feb 12, 2009 1:33pm
Just want to be clear im not short us/cad. It still could go up im watching it.
  • #363
  • Feb 12, 2009 1:46pm Feb 12, 2009 1:46pm
Quoting steelhead
new trade onj eurogbp sell.


Stops are in red. Want to keep stops above yellow line just in case they want to test resistance and break it a bit. Will add more up there if i need too.

Peanut Gallory
Whats this, the charts from yesterday?
  • #364
  • Feb 12, 2009 1:54pm Feb 12, 2009 1:54pm
Quoting steelhead
Just want to be clear im not short us/cad. It still could go up im watching it.
I short it let see I set my martingale incase it move up
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #365
  • Feb 12, 2009 2:18pm Feb 12, 2009 2:18pm
Quoting FOURX
Whats this, the charts from yesterday?

Live charts man not from yesterday.
  • #366
  • Feb 12, 2009 2:45pm Feb 12, 2009 2:45pm
Quoting zamanib
I short it let see I set my martingale incase it move up

Good trade man its moving in your direction make sure you manage it dont let it become a loser.

Its countertrend.
  • #367
  • Feb 12, 2009 3:35pm Feb 12, 2009 3:35pm
Quoting steelhead
Live charts man not from yesterday.
take a look at it, thre data is yesterday!
  • #368
  • Feb 12, 2009 3:36pm Feb 12, 2009 3:36pm
Quoting steelhead
Just want to be clear im not short us/cad. It still could go up im watching it.
Can you explane your decision not take trade? As it all shown to your stile? Also, eur/gbp that really seems some old chart.

You are good men but would be nice hear some explanation of your decisions. Not just chart of sup/res. Nice to have you here, but if you are here give some advice, not only old charts what was happened in some h ago.
Just advice. Thank you for your thread!
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 18 KB
  • #369
  • Feb 12, 2009 3:45pm Feb 12, 2009 3:45pm
Quoting dzero
Can you explane your decision not take trade? As it all shown to your stile? Also, eur/gbp that really seems some old chart.

You are good men but would be nice hear some explanation of your decisions. Not just chart of sup/res. Nice to have you here, but if you are here give some advice, not only old charts what was happened in some h ago.
Just advice. Thank you for your thread!

Those are not old charts

Us/cad was a classic bulltrap. Break resistance at 1.2538 get folks long the break. Another thing is it would have been a breakout trend trade.

It moves up 8 pips higher than drops like a rock. Stop hunting and sucker play is what it was.

Just look at it.
  • #370
  • Feb 12, 2009 3:47pm Feb 12, 2009 3:47pm
ITS AN OLD CHART!
  • #371
  • Feb 12, 2009 3:52pm Feb 12, 2009 3:52pm
Quoting FOURX
ITS AN OLD CHART!
Dude how is it an old chart??????????????????
  • #372
  • Feb 12, 2009 4:06pm Feb 12, 2009 4:06pm
Quoting FOURX
ITS AN OLD CHART!

Unless its not Feb 12 2009 thats not an old chart fourx.
Attached Image (click to enlarge)
Click to Enlarge Name: uscad2.jpg Size: 104 KB
  • #373
  • Feb 12, 2009 4:09pm Feb 12, 2009 4:09pm
Quoting steelhead
Those are not old charts

Us/cad was a classic bulltrap. Break resistance at 1.2538 get folks long the break. Another thing is it would have been a breakout trend trade.

It moves up 8 pips higher than drops like a rock. Stop hunting and sucker play is what it was.

Just look at it.

No, you probably not understand my question. Why you call people suckers, if you on your own didn't take this trade? In my country such persons are calling thickset when you are calling people like that and not show what you are doing. If that was so classic bull trap, so why you didn't take that one, you find that but ......? I understand it's your journal, but tell me please, your decision on your trade? In a last post you are most specify treads which already existed. OK, not my business, still i am in the field as sucker, but not because of that i trade breaks but for an understanding of my own.
  • #374
  • Feb 12, 2009 4:13pm Feb 12, 2009 4:13pm
Quoting dzero
No, you probably not understand my question. Why you call people suckers, if you on your own didn't take this trade? In my country such persons are calling thickset when you are calling people like that and not show what you are doing. If that was so classic bull trap, so why you didn't take that one, you find that but ......? I understand it's your journal, but tell me please, your decision on your trade? In a last post you are most specify treads which already existed. OK, not my business, still i am in the field as sucker, but not because of...
I called the folks that went long the break suckers. I didnt take the trade cause im already in a trade.

Listen those who went long just got had by the market makers. This is not something new either it happens everyday and every day folks continue to make this critical mistake.
  • #375
  • Feb 12, 2009 4:13pm Feb 12, 2009 4:13pm
Quoting steelhead
Unless its not Feb 12 2009 thats not an old chart fourx.
It seems he's talking about this post:
http://www.forexfactory.com/showpost...&postcount=359
  • #376
  • Feb 12, 2009 4:17pm Feb 12, 2009 4:17pm
Quoting steelhead
Unless its not Feb 12 2009 thats not an old chart fourx.
If you look at my original pos it was with regards to post#359 the E/G trade, not the cad chart
  • #377
  • Feb 12, 2009 4:22pm Feb 12, 2009 4:22pm
Quoting onsfx
Dude how is it an old chart??????????????????
Open your eyes yourself DUDE, AND CHECKOUT POST #359,which i was refering to,
  • #378
  • Feb 12, 2009 4:25pm Feb 12, 2009 4:25pm
Quoting steelhead
I called the folks that went long the break suckers. I didnt take the trade cause im already in a trade.

Listen those who went long just got had by the market makers. This is not something new either it happens everyday and every day folks continue to make this critical mistake.

I understand, thanks, just don't like that some one people, call suckers, as most of as started trading in some day, some 10y ago some 3 some 1 week. If i cold help i wold do it even to beginners and not call them as "bla bla bla", even if it fed up me with the same questions, if i can't then i closing thread and say thank you for attention.
So, have nice pip to all!
  • #379
  • Feb 12, 2009 4:27pm Feb 12, 2009 4:27pm
Quoting steelhead
new trade onj eurogbp sell.


Stops are in red. Want to keep stops above yellow line just in case they want to test resistance and break it a bit. Will add more up there if i need too.

Peanut Gallory
Only a little bit old.
Definately not "new trade".
Must have been off checking other threads aye SH and didnt get round to posting it. LOL
Target 2 : Stoploss in the green
  • #380
  • Feb 12, 2009 4:31pm Feb 12, 2009 4:31pm
Quoting FOURX
Open your eyes yourself DUDE, AND CHECKOUT POST #359,which i was refering to,

no worries man. the euro/gbp chart was from today i took that trade this morning.

No big deal though
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