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EURUSD

  • #69,781
  • Feb 27, 2009 6:56am Feb 27, 2009 6:56am
http://i427.photobucket.com/albums/p...tice/sissy.jpg
  • #69,782
  • Feb 27, 2009 6:56am Feb 27, 2009 6:56am
Quoting T.E.Lawrence
Stop Loss - sissies' favourite tool !

Remember: cool kids don't use SLs !

you are a real professional trader.
but it is very hard for me to get rid of this stupid habit, since i am used to put a SL in case, some shit happens.
can you please guide me , what to do in case the trade goes the wrong way and wants to kill my style of living ?
  • #69,783
  • Feb 27, 2009 6:57am Feb 27, 2009 6:57am
Quoting Chicky
To my knowledge, very few if any professional traders on this forum or any other ..... and they may be wrong too.

If someone advises to use SLs, it means expect unexpected. ............. SL means Stop Loss.
he was just playing a bit with him...
  • #69,784
  • Feb 27, 2009 7:01am Feb 27, 2009 7:01am
Is there SL in ECN?
  • #69,785
  • Feb 27, 2009 7:02am Feb 27, 2009 7:02am
Quoting FxCba
fridays usually don't open trades at NY session
Sorry to jump in, just to add my thoughts that ...... weekly Open, Mid, and Close are three different things and therefore require three different strategies.
The Thief of Wall Street
  • #69,786
  • Feb 27, 2009 7:02am Feb 27, 2009 7:02am
Quoting traderathome
If you look at the charts of late, which are wildly up and down with some very concentrated areas of consolidation interspersed, you might be tempted to surmise that professional traders don't know what in sam's hill they are doing....that from moment to moment they cannot make up their mind where the prices should rightfully be....absolutely lost idiots!

Not in your life!...
you're definitely correct, i still remember one day that the PA actually reach S2 from pivot level and then rise up again to R2 in just 2 minutes...I can imagine how many SL were hit. I remember that day cause that the biggest lost i ever had in my trading
  • #69,787
  • Feb 27, 2009 7:03am Feb 27, 2009 7:03am
Quoting arthurb
you are a real professional trader.
but it is very hard for me to get rid of this stupid habit, since i am used to put a SL in case, some shit happens.
can you please guide me , what to do in case the trade goes the wrong way and wants to kill my style of living ?
Ok, I'm just joking. I'm not a pro trader - I have a day job - and of course I always use SLs, which are placed simultaneously with buy/sell.
  • #69,788
  • Feb 27, 2009 7:05am Feb 27, 2009 7:05am
Quoting Baldur
Is there SL in ECN?

here in africa we use only ECN brokers, and they dont allow hedging within a pair only, they allow SL here, i dont know in europe.

what is ECN ?
  • #69,789
  • Feb 27, 2009 7:10am Feb 27, 2009 7:10am
ArthurB
I dont know. I also dont know how to place back dated orders... just learning
  • #69,790
  • Feb 27, 2009 7:11am Feb 27, 2009 7:11am
Quoting Titus
he was just playing a bit with him...
I initially thought of letting it go ...... but couldn't ....... as my tape reading tells me a strange down then up move for the day. However, I am not very confident in saying that. No one would beleive me if I say expecting a close in the vicinity of 1.32xx
The Thief of Wall Street
  • #69,791
  • Feb 27, 2009 7:12am Feb 27, 2009 7:12am
Quoting Chicky
Sorry to jump in, just to add my thoughts that ...... weekly Open, Mid, and Close are three different things and therefore require three different strategies.
I don't know if i fully understand you.
But if you trade on weekly basis, obviously your parameters are far away different to mines
  • #69,792
  • Feb 27, 2009 7:13am Feb 27, 2009 7:13am
Little Dollar pop 20 minutes prior to Rev GDP?

Is it a head fake or is GDP not going to be as bad expected?
+ Charts Happen
  • #69,793
  • Feb 27, 2009 7:13am Feb 27, 2009 7:13am
Quoting T.E.Lawrence
Ok, I'm just joking. I'm not a pro trader - I have a day job - and of course I always use SLs, which are placed simultaneously with buy/sell.
The day I stopped setting SL's was the day I became profitable. I haven't looked back since, and I will never use a SL again. Just my 2 cents...
  • #69,794
  • Feb 27, 2009 7:13am Feb 27, 2009 7:13am
It is friday and end of month..... BE CAREFUL !!!!!
  • #69,795
  • Feb 27, 2009 7:14am Feb 27, 2009 7:14am
Quoting gammase1
it is also very difficulult here in Jalal-Abad, where there are only 5 computers in the whole city that have access to the internet. i am typing this from the Mayor's office now and he is getting angry waiting for me to finish this message so he can resume his official business. i have to now travel to the local brothel, which is luckily only upstairs from the Mayor's office, where the ladies kindly grant me free access there anytime i want.

next year my work is getting internet, then i will be like a professional trader, like everyone on here....
you are lucky at least you have Internet there in your country.
here in africa the life is tough, we don't have internet at all here.
this forum is so informative, and full of professional traders too, stick with these gays they always know what they are doing
  • #69,796
  • Feb 27, 2009 7:16am Feb 27, 2009 7:16am
EXPECT EURUSD to dive 300 pips down by next week. I suspect a 100pip gap down next week open.

WHY?

Look at the 4H chart, The price has made a descending triangle.

Simple look at it without indicators would mean that the price will go down 300 pips.

It's that simple for me..

Just need to pray too.

I am short already and am going to off the com. Not goin to touch my trade for today despite all the news later.
  • #69,797
  • Feb 27, 2009 7:19am Feb 27, 2009 7:19am
Quoting arthurb
you are lucky at least you have Internet there in your country.
here in africa the life is tough, we don't have internet at all here.
this forum is so informative, and full of professional traders too, stick with these gays they always know what they are doing
In which country do you live?
  • #69,798
  • Feb 27, 2009 7:27am Feb 27, 2009 7:27am
E/$ and Equity Futures are in extreme oversold territory.

Should make for a very volitile morning / day.
+ Charts Happen
  • #69,799
  • Feb 27, 2009 7:28am Feb 27, 2009 7:28am
Quoting T.E.Lawrence
In which country do you live?
my country is africa, africa is a country , ask Sarah Palin, we have the honor of giving to the world the greatest american president, who will change the face of the world, end poverty, begin the era of prosperity for everyone, and i hope finally we can have some internet here and no need to borrow it from the neibourghs so we can see some porn
  • #69,800
  • Feb 27, 2009 7:28am Feb 27, 2009 7:28am
Quoting forexlearner
EXPECT EURUSD to dive 300 pips down by next week. I suspect a 100pip gap down next week open.

WHY?

Look at the 4H chart, The price has made a descending triangle.

Simple look at it without indicators would mean that the price will go down 300 pips.

It's that simple for me..

Just need to pray too.

I am short already and am going to off the com. Not goin to touch my trade for today despite all the news later.

You have balls my friend
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