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  • #66,781
  • Feb 19, 2009 2:44pm Feb 19, 2009 2:44pm
+40 pips so far....im still a little bit mad i didnt catch that small rally earlier today.

oh well as long as im making positive pips is all str8.
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #66,782
  • Feb 19, 2009 2:44pm Feb 19, 2009 2:44pm
Quoting AJspeed
Heres the poop, guys. Thats hidden divergence.
This is my first time posting but i have been trading with a demo account since june now and over all make just a bit more than i loose. Im trying to get my knowledge up and am confused by why you drew your lines there on the divergence and what you think it means..... can anyone help with the technicals in laymens terms............thx
  • #66,783
  • Feb 19, 2009 2:47pm Feb 19, 2009 2:47pm
Quoting SpecialEd
AK4X and the others scared me out of more short...
Didn't mean to do that, just have to be very very picky about your entries so you can use much tighter SL's and cut your exposure time to absolute minimum in this kind of a market.

I'm holding one short from 2692 from what is developing into an apparent right shoulder on a dirty shampoo on 15m/30m tf's... the rest were 5-10 fixed pip scalps between the BB's. And you're right short bus, it has been work...
FUBAR...
  • #66,784
  • Feb 19, 2009 2:51pm Feb 19, 2009 2:51pm
Here ya go Bling. This will explain it all. There is lots of valuable info here also.

http://www.babypips.com/school/hidden_divergence.html

AJ
Quoting Bling
This is my first time posting but i have been trading with a demo account since june now and over all make just a bit more than i loose. Im trying to get my knowledge up and am confused by why you drew your lines there on the divergence and what you think it means..... can anyone help with the technicals in laymens terms............thx
Disclaimer: Take all trades at your own risk. Trade Demo account only.
  • #66,785
  • Feb 19, 2009 3:02pm Feb 19, 2009 3:02pm
aisian market might be fun... best i can tell may be some all time equity lows in asia..they ar putting money some where .. yen took big hit...dont know where the moneys gone yet.. might end up buying dollars since yens out of favor... u.s. markets lower dow below last years low... oil up almost 5
those who can, do. those who cant, talk about those who can
  • #66,786
  • Feb 19, 2009 3:24pm Feb 19, 2009 3:24pm
FULL ARTICLE: http://www.gold-eagle.com/editorials...lie021909.html
Interesting article
Snapshot:

Not only will the USDollar not provide the global highway for all to travel, but new barter systems will be dominant soon in working around the commodity price systems dominated by the US-UK corrupt price discovery systems. The other painful consequence to the new system soon taking root is that the global commodity supply routes will bypass the US destinations, enough to create mammoth shortages. Such is the fate of a nation thrust to the Third World. Its people and its leaders still do not realize it, as denial is ensconced in hope. The US credit supply has already been severed and cut almost completely off. Reliance upon the printing press to finance its own debts is a primary trait of a Third World nation, a shocking fact soon to be recognized.
  • #66,787
  • Feb 19, 2009 3:25pm Feb 19, 2009 3:25pm
i was gona say earlier...that we had two indicators: alg (temporary suspended by senior member for good reason) who pops in FF for more shorters on usd/chf @1.777(sorry i cant show his call, coz its been deleted) and fxcm that broke down...and now oanda is third indicator...i closed all my longs by now (average long @1.2554) at 1.2590, 1.2720 and manualy last @1.2690...for one good reason.. i dont know where its going, but i suspect there are some big players in the game... i dont like sentiment index eur/usd 33%/67% and at the same time usd/jpy 13%/87%
ps.running on light (cold) bea(e)r
  • #66,788
  • Feb 19, 2009 3:26pm Feb 19, 2009 3:26pm
Quoting gatorinla
aisian market might be fun... best i can tell may be some all time equity lows in asia..they ar putting money some where .. yen took big hit...dont know where the moneys gone yet.. might end up buying dollars since yens out of favor... u.s. markets lower dow below last years low... oil up almost 5

15 min- slowly grinding down now under the 55 ema with the 5 ema following and 21 getting close. (big move in the next hour? maybe)

4 hour- 21 and 5 ema holding strong squeezing pa between them and the downward pressure of the 15min
  • #66,789
  • Feb 19, 2009 3:35pm Feb 19, 2009 3:35pm
One last touch.

I'm saying up, 700 to 720 at least, before down again. Four hour trendline is what I'm looking at.

So I'll wait. But if those Asians take it there, to get one last deal, I am ALL OVER IT.

I will hop in, and cheer for the Shorts like I'm at a naked Midget wrestling match.
  • #66,790
  • Feb 19, 2009 3:37pm Feb 19, 2009 3:37pm
looks like a we might see a run up to 2700 before going back down
  • #66,791
  • Feb 19, 2009 3:38pm Feb 19, 2009 3:38pm
Quoting JasonGuillen
One last touch.

I'm saying up, 700 to 720 at least, before down again. Four hour trendline is what I'm looking at.

So I'll wait. But if those Asians take it there, to get one last deal, I am ALL OVER IT.

I will hop in, cheer for the Shorts like I'm at a Midget wrestling match.
you beat me to it
but we do have resistance at 688
  • #66,792
  • Feb 19, 2009 3:45pm Feb 19, 2009 3:45pm
We'll get through it together.

And then the midgets!!

  • #66,793
  • Feb 19, 2009 3:56pm Feb 19, 2009 3:56pm
i think we may see a move up b4 a drop
  • #66,794
  • Feb 19, 2009 3:57pm Feb 19, 2009 3:57pm
hey!!! where's my limo going??? I hate* walking few pips (
  • #66,795
  • Feb 19, 2009 4:01pm Feb 19, 2009 4:01pm
Quoting klinckphilip
15 min- slowly grinding down now under the 55 ema with the 5 ema following and 21 getting close. (big move in the next hour? maybe)

4 hour- 21 and 5 ema holding strong squeezing pa between them and the downward pressure of the 15min
ready for a 25 pip ride down to the pivot?

then m2
  • #66,796
  • Feb 19, 2009 4:04pm Feb 19, 2009 4:04pm
My last activity.
Blue = closing shorts
Orange= Open

I was waiting to see some resistance around 1.2500 area, but My feeling was to see a slow break yesterday.
I was so focus on that that even without exposing my account more than 3% I opened too many 5% short trades to my account.
My symmetrical channel was broken at 1.2650 and here it was my biggest error done today, because I opened there 3 short trades around this area with more than 25% of my average and started to close some 1.25xx 5% short trades too late.

I could revert that situation opening 3 short trades more than 25% of my average around 1.2750 area, lucky or not my line resist there, Thank god, if not today would be a very nasty to me!!

My average shorts now above 1.3200.

Actual trades Open=all shorts
1.3740 50%
1.2745 25 %
1.2606 12.5%
1.2588 12.5%

No more than 1.2% margin used, so I have same amount to short again, hoping to catch right moves!!

This is MM, even if today was not my best day!!

I saw that some of you have their day today, nice one!!
When feeling is wrong I have more work to limit the damages!!!

My view is still intact!!
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  • #66,797
  • Feb 19, 2009 4:10pm Feb 19, 2009 4:10pm
boredtoloose
how about 100B japanese deal? how thats gona afect your shorts?
  • #66,798
  • Feb 19, 2009 4:19pm Feb 19, 2009 4:19pm
Quoting klinckphilip
ready for a 25 pip ride down to the pivot?

then m2

did I say ride I meant bumpy rickshaw down half flat hill... lol
  • #66,799
  • Feb 19, 2009 4:19pm Feb 19, 2009 4:19pm
Quoting Baldur
boredtoloose
how about 100B japanese deal? how thats gona afect your shorts?
I am monitoring PA this week very careful, and until now my view it is to see new low.

I will only short nice rises now, mo more break trades for now, even small ones. I have my strategy to never let new trades to kill my margin.

This is forex my friend, you stick with your view, Neutral, bullish or Bearish for some good Term!
  • #66,800
  • Feb 19, 2009 4:28pm Feb 19, 2009 4:28pm
Quoting BoredToLoose
I am monitoring PA this week very careful, and until now my view it is to see new low.

I will only short nice rises now, mo more break trades for now, even small ones. I have my strategy to never let new trades to kill my margin.

This is forex my friend, you stick with your view, Neutral, bullish or Bearish for some good Term!
see i am new...i dont know are they going to turn on printing maschine (what they technicaly can) or they going to exchange yen... i also dont know how long or short it takes to print or exchange that sort of money in fx...may be they done it in first two weeks of feb allready...no idea... i am neutral... all i can say is green pips to you while you in shorts!
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