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  • #70,501
  • Mar 3, 2009 4:44am Mar 3, 2009 4:44am
true...

lets see how this hourly candle will close
  • #70,502
  • Mar 3, 2009 4:45am Mar 3, 2009 4:45am
Quoting bksujal
Short @ 1.2650
Tp @ 1.2600
Sl @ 1.2700
looks alluring .....I dont know....fear of overtrading....

I'm really concerned about 2610 support line - most visible on m30.
  • #70,503
  • Mar 3, 2009 5:04am Mar 3, 2009 5:04am
Quoting T.E.Lawrence
looks alluring .....I dont know....fear of overtrading....

I'm really concerned about 2610 support line - most visible on m30.
I just hope you're wrong about that support line. I have a short left over from yesterday that missed my TP by 2 pips and is 49 pips in the toilet.

I guess the good news is it missed my SL by 2 pips also.
  • #70,504
  • Mar 3, 2009 5:13am Mar 3, 2009 5:13am
Quoting dysan4x
I just hope you're wrong about that support line. I have a short left over from yesterday that missed my TP by 2 pips and is 49 pips in the toilet.

I guess the good news is it missed my SL by 2 pips also.
I have one like that as well but it missed my TP for only 1 pips I would close it anyway but was asleep.
  • #70,505
  • Mar 3, 2009 5:17am Mar 3, 2009 5:17am
Quoting dotweb.pl
I have one like that as well but it missed my TP for only 1 pips I would close it anyway but was asleep.
Yeah, I don't quibble over a pip or two. I was sleeping also.
  • #70,506
  • Mar 3, 2009 5:46am Mar 3, 2009 5:46am
i have been long for days now, can anyone please tell me something?
  • #70,507
  • Mar 3, 2009 5:56am Mar 3, 2009 5:56am
Quoting kommo
i have been long for days now, can anyone please tell me something?
It went up to close the "GAP" before continuing on it's southern direction.

Good Trading.
Good Trading. (keep it simple).
  • #70,508
  • Mar 3, 2009 6:00am Mar 3, 2009 6:00am
Quoting Jasper
It went up to close the "GAP" before continuing on it's southern direction.

Good Trading.
yes but i was long before the gap
  • #70,509
  • Mar 3, 2009 6:01am Mar 3, 2009 6:01am
just opened a few longs. expecting some bounces here...

still have my short in as well.
  • #70,510
  • Mar 3, 2009 6:01am Mar 3, 2009 6:01am
Quoting kommo
yes but i was long before the gap
use sl...
  • #70,511
  • Mar 3, 2009 6:05am Mar 3, 2009 6:05am
Quoting dswk
use sl...
i am thinking of hedging now...what about that?
  • #70,512
  • Mar 3, 2009 6:09am Mar 3, 2009 6:09am
Quoting kommo
i am thinking of hedging now...what about that?
I usually prefer the plan of get out....forget about it......learn from it.......find the next trade......go for it

Hedging can end up in all sorts of mess
  • #70,513
  • Mar 3, 2009 6:25am Mar 3, 2009 6:25am
Quoting lataliano
I usually prefer the plan of get out....forget about it......learn from it.......find the next trade......go for it

Hedging can end up in all sorts of mess
Hedging become a mess only if you are unable to manage it,but if you have clear in mind supports and resistances can be very profitable,see what happened yesterday with market going up an down for hours.
  • #70,514
  • Mar 3, 2009 6:36am Mar 3, 2009 6:36am
Quoting T.E.Lawrence
looks alluring .....I dont know....fear of overtrading....

I'm really concerned about 2610 support line - most visible on m30.
took profit at .2600 mate cheers
  • #70,515
  • Mar 3, 2009 6:52am Mar 3, 2009 6:52am
Quoting Legio_Ulpia
Hedging become a mess only if you are unable to manage it,but if you have clear in mind supports and resistances can be very profitable,see what happened yesterday with market going up an down for hours.

Well said. I've been having some luck with it by playing very small amounts and keeping an eye on long-term strong S/R levels.
  • #70,516
  • Mar 3, 2009 6:53am Mar 3, 2009 6:53am
Quoting lataliano
I usually prefer the plan of get out....forget about it......learn from it.......find the next trade......go for it

Hedging can end up in all sorts of mess
Thank you very much. I was just confused now
  • #70,517
  • Mar 3, 2009 6:58am Mar 3, 2009 6:58am
Quoting Legio_Ulpia
Hedging become a mess only if you are unable to manage it,but if you have clear in mind supports and resistances can be very profitable,see what happened yesterday with market going up an down for hours.
i think I should be more focus now to adjust. Thanks
  • #70,518
  • Mar 3, 2009 7:00am Mar 3, 2009 7:00am
Quoting kommo
i am thinking of hedging now...what about that?
Check out http://www.forexfactory.com/showthread.php?t=27286.

Jacko uses a theory call the Anti-Hedge - pretty interesting and simple...
  • #70,519
  • Mar 3, 2009 7:08am Mar 3, 2009 7:08am
wave variant
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  • #70,520
  • Mar 3, 2009 7:15am Mar 3, 2009 7:15am
Quoting derek
wave variant
Derek it looks like there is problem with getting lower then 2600 at this time, and you think it may get down to 2315?.

Well i`m not so optimistic on this one
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