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  • #78,341
  • Mar 20, 2009 8:27am Mar 20, 2009 8:27am
drew some fib levels let me know your opinions these fib convergences may be crucial if bullish rally continues
D1 is also at previous s/r area

hope this helps
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #78,342
  • Mar 20, 2009 8:30am Mar 20, 2009 8:30am
Quoting Turveyd
Blown the account, loads of times but only top it up with £100 occasionally after going back to Demo so no biggy.

Remember it's not LUCK why you are losing, there is no such thing as LUCK, your simply falling for there tricks of the trade, ie fake bottoms and fake tops trying to pick tops and bottoms is suicide but there is always 1 that looks good so always a trade to feed your addiction.
Instead of trying to pick tops and bottoms why don't you try trading the pivots and going with the overall trend? It's much easier that way. Just a suggestion to keep you from having to reload your account so much.
  • #78,343
  • Mar 20, 2009 8:30am Mar 20, 2009 8:30am
formed double bottom on c2 y area
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #78,344
  • Mar 20, 2009 8:41am Mar 20, 2009 8:41am
Quoting dysan4x
Instead of trying to pick tops and bottoms why don't you try trading the pivots and going with the overall trend? It's much easier that way. Just a suggestion to keep you from having to reload your account so much.
I have a Micro Trend system ( See Above ), nearly a year since I've had to reload to, although I did take 6months off due to work commitments

14wins in a row account is +75% or something in 2weeks
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #78,345
  • Mar 20, 2009 8:42am Mar 20, 2009 8:42am
common bulls show your strength

I am betting here
I SEE YOU !!
  • #78,346
  • Mar 20, 2009 8:48am Mar 20, 2009 8:48am
good day for scalping... I guess it is going to be ranging until Bernanke speech
  • #78,347
  • Mar 20, 2009 8:53am Mar 20, 2009 8:53am
Yeehaaa


get this bear down baby
Attached Image
I SEE YOU !!
  • #78,348
  • Mar 20, 2009 8:54am Mar 20, 2009 8:54am
Quoting dbfusion
Yeehaaa


get this bear down baby

I want that for my desk!
  • #78,349
  • Mar 20, 2009 8:54am Mar 20, 2009 8:54am
huh?
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those who can, do. those who cant, talk about those who can
  • #78,350
  • Mar 20, 2009 8:56am Mar 20, 2009 8:56am
Quoting gatorinla
huh?

LOL that is scary
  • #78,351
  • Mar 20, 2009 8:57am Mar 20, 2009 8:57am
I guess you need that kind of imagination to win @ forex
  • #78,352
  • Mar 20, 2009 8:58am Mar 20, 2009 8:58am
Quoting gatorinla
huh?
  • #78,353
  • Mar 20, 2009 8:58am Mar 20, 2009 8:58am
Quoting Turveyd
I have a Micro Trend system ( See Above ), nearly a year since I've had to reload to, although I did take 6months off due to work commitments

14wins in a row account is +75% or something in 2weeks
Turv..

You trade off 1min chart using entries above and below 5 sma with targets being longer period sma's or pivot points?

What is your win rate %?
"I know how hard it is for you to put food on your family." George W. Bush
  • #78,354
  • Mar 20, 2009 8:59am Mar 20, 2009 8:59am
Quoting Turveyd
I have a Micro Trend system ( See Above ), nearly a year since I've had to reload to, although I did take 6months off due to work commitments

14wins in a row account is +75% or something in 2weeks
I don't know what a micro trend system is - sorry, I wasn't trying to tell you how to trade. I have my bad days when I am out of sync with the market and I just stop trading for a while. I find that if I trade pivot points it gets me back in sync. Didn't mean any disrespect. +75% is good I didn't trade the big moves the last couple days. It was my getting back in sync time off from my loss. I was -2 for the day on wednesday and knew it was time for a break. I'm up 14% for the 2.5 days I have traded this week. We both deserve a round of applause in my opinion.

Take care.
  • #78,355
  • Mar 20, 2009 9:00am Mar 20, 2009 9:00am
Short at 628 - see if the res holds. s/l 650, first target the RN.
  • #78,356
  • Mar 20, 2009 9:03am Mar 20, 2009 9:03am
Quoting Redben
Short at 628 - see if the res holds. s/l 650, first target the RN.
very risky
we are above the pivot and the 38 fib
I SEE YOU !!
  • #78,357
  • Mar 20, 2009 9:05am Mar 20, 2009 9:05am
Quoting MarcoW
Turv..

You trade off 1min chart using entries above and below 5 sma with targets being longer period sma's or pivot points?

What is your win rate %?

Longer ones are used as Support / Resistance and break outs. Statistically they work really well, with the 5sma rule backing it up and a market with good follow through all is well.

14 Trades without a loser last 2weeks, so IF I stick to the system ( the hard part must force myself ), likely looking at @80% win rate allowing for the fact I'm only taking the Cert's and being a wuss at the moment, the system also defines and keeps the losses really small aswell, in theory 1/2 the profit size.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #78,358
  • Mar 20, 2009 9:08am Mar 20, 2009 9:08am
Long @ 3614. Looks like we have some support.
  • #78,359
  • Mar 20, 2009 9:10am Mar 20, 2009 9:10am
we have seen batman patterns in the past... and are very powerful.
  • #78,360
  • Mar 20, 2009 9:10am Mar 20, 2009 9:10am
Quoting dbfusion
very risky
we are above the pivot and the 38 fib
Hence out at b.e

I'm such a coward.
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