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  • #75,101
  • Mar 13, 2009 2:39am Mar 13, 2009 2:39am


I was expecting a little deeper retrace than that, to the pivot and beyond some. oh well.

shongs all threw theirself in front of the trailer so that went okl. now my lort is getting bigger again and I am off to la-la land..

I'm shorting one more time tho from 2913 just in case with tight stop 15 or so. remember central pivot at 2910... if this thing doesn't move soon, then my pips are on it parking itself there or somewhere nearby till ny.

to be honest... i have a sneakin suspicion london will just jerk this thing a'rd for awhile and then hold steady and wait to see how NY opens... no reason to say that... just a thought.

G20 meetings all weekend determing policy with Large Forces and Great Minds all pontificating in a big old house what's up...

well, they don't need me to do that.

Add: one caveat tho... if the brits do intend to move this thing somewhere, they've cleared the stops fairly deep below the highs today, lots of trailers and other baggage to lighten the load north for one last blast before the weekend. very perplexing...
FUBAR...
  • #75,102
  • Mar 13, 2009 2:43am Mar 13, 2009 2:43am
Quoting T.E.Lawrence
1.2879 - short, we're going back into the channel.
OK, I closed that short - -20 pips.
  • #75,103
  • Mar 13, 2009 2:44am Mar 13, 2009 2:44am
Quoting djambazov84
the 15 min bullish hammer off of support could have given you a clue there
ah but it was an expermient. i cashed in half the position at 50 pips so this would turn into a gain of only 25 although i havent been stopped out yet. im at the stage in my trading where im like...ok...scalping comes naturally for me as i know most strong S/R levels and how pa could do anything at those levels which is why i close my positions when reached. but this....lets me miss out on massive gains even with just half the original position if i let it run many times...makes me wonder...is scalping really the best or taking profit after a certain pip gain on half the position and letting the rest run. i guess its all about comfort levels and im way out of my zone now!
Different opinions highly valued, ignorant to slander.
  • #75,104
  • Mar 13, 2009 2:47am Mar 13, 2009 2:47am
Quoting psiholog
a little night flight to calm the nerves down for those who are interested

http://www.youtube.com/watch?v=hvoR3dVucq4&NR=1
Ahhh, someone else who appreciates the violin as much as I do I see.
  • #75,105
  • Mar 13, 2009 2:50am Mar 13, 2009 2:50am
Quoting psiholog
ah but it was an expermient. i cashed in half the position at 50 pips so this would turn into a gain of only 25 although i havent been stopped out yet. im at the stage in my trading where im like...ok...scalping comes naturally for me as i know most strong S/R levels and how pa could do anything at those levels which is why i close my positions when reached. but this....lets me miss out on massive gains even with just half the original position if i let it run many times...makes me wonder...is scalping really the best or taking profit after a certain...

what system do you use when u scalp??
  • #75,106
  • Mar 13, 2009 2:50am Mar 13, 2009 2:50am
Quoting dysan4x
I took my 35 pips on that little trip down and I'm out. My current bias is shorting this pair on top side failures until price shows a reason.

I will catch all of you sometime in the NY session. Have to make the wife happy n go shopping.

Take care.
Amazing how much you can see after 1 lunch.
i.e. I went for lunch and manage to eat sawdust. No big jump for my pips. sob sob
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Forex Price Action Hacked - Price Action Rockstar
  • #75,107
  • Mar 13, 2009 2:52am Mar 13, 2009 2:52am
Good Morning / Evening @ all
The best thing that can happen to you is to find out where you're wrong.
  • #75,108
  • Mar 13, 2009 2:53am Mar 13, 2009 2:53am
Quoting Driver55
Good Morning / Evening @ all

good morning driver


alot of people followed what u said last nite and im pretty sure they got stopped out
  • #75,109
  • Mar 13, 2009 2:53am Mar 13, 2009 2:53am
Quoting GrnEydGuy
Ahhh, someone else who appreciates the violin as much as I do I see.
if you liked that...certainly you must check this out! thank you the person who gave me link its awesome

Inserted Video
Different opinions highly valued, ignorant to slander.
  • #75,110
  • Mar 13, 2009 2:54am Mar 13, 2009 2:54am
Possible inverted shampoo on the 15m if this shoulder completes. Kind of a pinhead one, but looks legit.
What's that smell?
  • #75,111
  • Mar 13, 2009 2:57am Mar 13, 2009 2:57am
Quoting CAnthonyMVE
what system do you use when u scalp??
most of it is explained in my thread if you want to check it out. past month or so my trading has been based on ranges only...pa bouncing off of known S/R levels and the patterns that develop. Add to that my gut instinct...thats my trading summed up...no indicators. You gotta feel the market for this trading style...be a part of it...imagine like you are one of those candlesticks we see on our charts and you feel what the market makers are feeling and the direction they want to push pa in. gotta be a bit crazy for this too...
Different opinions highly valued, ignorant to slander.
  • #75,112
  • Mar 13, 2009 2:57am Mar 13, 2009 2:57am
Quoting CAnthonyMVE
good morning driver


alot of people followed what u said last nite and im pretty sure they got stopped out

well, even if I dont know what you refer


The best thing that can happen to you is to find out where you're wrong.
  • #75,113
  • Mar 13, 2009 2:59am Mar 13, 2009 2:59am
Quoting psiholog
note how 1.2865 is acting as support almost to the pip. That is screwing with my scalper mentality!...to close the rest...to not....for those of you guys who keep positions open for 100 or 200 or even more pips at a time...how do you deal with your emotions when you know a strong support has been reached?...knowing pa could go either way there..im quite curious as i have never really atempted this
Proper money management is the key to stressless trading.
  • #75,114
  • Mar 13, 2009 3:00am Mar 13, 2009 3:00am
Quoting Driver55
Good Morning / Evening @ all
Ciao Driver

today is Friday 13th...are you superstitious in your tradings?
  • #75,115
  • Mar 13, 2009 3:01am Mar 13, 2009 3:01am
Londoners are now in their trading seats...
My bias is short. waiting for entry above.
  • #75,116
  • Mar 13, 2009 3:02am Mar 13, 2009 3:02am
http://i106.photobucket.com/albums/m...zent/bband.gifhttp://i106.photobucket.com/albums/m...bezent/ema.gif
  • #75,117
  • Mar 13, 2009 3:04am Mar 13, 2009 3:04am
Quoting Driver55

well, even if I dont know what you refer


i asked where it might go and u responded probly 2650 and alot of people hit the sell button
  • #75,118
  • Mar 13, 2009 3:05am Mar 13, 2009 3:05am
Quoting Legio_Ulpia
Ciao Driver

today is Friday 13th...are you superstitious in your tradings?

You surely know "Totò" ... He said "it's no true, but I believe."

So today, since it is Friday, 13th ....we must short 1.3113

The best thing that can happen to you is to find out where you're wrong.
  • #75,119
  • Mar 13, 2009 3:07am Mar 13, 2009 3:07am
Quoting T.E.Lawrence
OK, I closed that short - -20 pips.
I reversed this trade, long from 2904.
  • #75,120
  • Mar 13, 2009 3:08am Mar 13, 2009 3:08am
Taking a broader view... I'm hedging from here. The "1.29 this week" call I made earlier this week was hit, but I don't see a freefall from here as some are expecting. I'm looking for the bigger bounce to occur at the 1.31 or 1.33 point. I have a trendline that actually has us hitting about 1.319-1.32 at the beginning of next week, but I expect the real bounce to occur just outside of that line which makes 1.31 or 1.33 the more realistic areas (coupled w/ the fact that they are historical resistance points.)
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