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  • #82,421
  • Apr 1, 2009 10:23pm Apr 1, 2009 10:23pm
Quoting ak4x
I hear that... my main long is back down at 3210 this last one is a hit and run, way too late to be trying for position at this level..
Everyone is wondering if the ECB shit it already baked in.

I like the sidelines until late tomorrow morning.

m
  • #82,422
  • Apr 1, 2009 10:24pm Apr 1, 2009 10:24pm
Quoting Trading Cat
Hi all,

Just wanted to say thanks to some books I have recently read and got pointed to in this thread such as:

"Trading in the Zone"
"Confession of a Stock Operator"
and still reading "Trade your way to Financial Freedom" by Van K. Tharp

All these books where and are great to read and gave me a lot of confidence.

TC:nerd:
It's the most important book you'll ever read.

m
  • #82,423
  • Apr 1, 2009 10:25pm Apr 1, 2009 10:25pm
Quoting trading801
hi acumen.. long time no see.. how r u !
How's the boat 801?

Still long term trader?

Good to see you
  • #82,424
  • Apr 1, 2009 10:26pm Apr 1, 2009 10:26pm
mike what is your r1 pivot for tonite? mine is 3299, and I'm surprised to see it fall short after geting so close, so double checking the number. we're usually pretty close but not always exact.
FUBAR...
  • #82,425
  • Apr 1, 2009 10:26pm Apr 1, 2009 10:26pm
Just finished my analysis of Eur/USD pair.

Conclusion: This pair has strong chance of either a decent correction upward or a complete trend reversal to the north from 1.3300 to 1.2800.

Plan A(1) : If it goes South keep on adding longs from here to 1.2800, and wait until it hits 1.3300 once again.

Plan A(2) : If it goes North, keep on adding longs on every dip until it gets closer to 1.3450 and go back to sidelines before it hits 1.3500

Plan B:

Plan A(2) does not offer good r/r. Plan A(1)'s time has not arrived yet.

Therefore sit back, relax and nurse.
The Thief of Wall Street
  • #82,426
  • Apr 1, 2009 10:27pm Apr 1, 2009 10:27pm
Quoting cobraforex
How's the boat 801?

Still long term trader?

Good to see you
That little thread of your has gotten some attention.

How many PIPS you taking out these days?

Nice to see.
  • #82,427
  • Apr 1, 2009 10:28pm Apr 1, 2009 10:28pm
Quoting ak4x
mike what is your r1 pivot for tonite? mine is 3299, and I'm surprised to see it fall short after geting so close, so double checking the number. we're usually pretty close but not always exact.
AK mine was exact 1.3295 and got touched on the spot.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #82,428
  • Apr 1, 2009 10:30pm Apr 1, 2009 10:30pm
Quoting ak4x
mike what is your r1 pivot for tonite? mine is 3299, and I'm surprised to see it fall short after geting so close, so double checking the number. we're usually pretty close but not always exact.
.3301.

m
  • #82,429
  • Apr 1, 2009 10:31pm Apr 1, 2009 10:31pm
Quoting acumen
How are you my friend?

How's life?

m

life not so good.. trying to earn enough and the crisis is not helping much !

trading a little now.. cant afford to lose lots !
  • #82,430
  • Apr 1, 2009 10:32pm Apr 1, 2009 10:32pm
Just limped in with a couple lots. Going short to 1.300 limit with stop loss of 1.3290
  • #82,431
  • Apr 1, 2009 10:33pm Apr 1, 2009 10:33pm
Quoting cobraforex
How's the boat 801?

Still long term trader?

Good to see you

COBRA !!!!!!!!!!!


i went to your thead to say hi a few times to u... u did not reply.. i tot u have forgotten about me !
  • #82,432
  • Apr 1, 2009 10:33pm Apr 1, 2009 10:33pm
Quoting ak4x
mike what is your r1 pivot for tonite? mine is 3299, and I'm surprised to see it fall short after geting so close, so double checking the number. we're usually pretty close but not always exact.
I've been trading a retrace system lately.

I'll send it to you once I clean up a few points.

Works well.

m
  • #82,433
  • Apr 1, 2009 10:33pm Apr 1, 2009 10:33pm
Quoting acumen
Everyone is wondering if the ECB shit it already baked in.

I like the sidelines until late tomorrow morning.

m

I second that, plus they never made two consecutive rate changes in conecutive months... they always wait for the results of the last change to be settled...

I'm still doubtfull they're going to change the rate later today, but given the exceptional times we're in... keeping an open mind
Traders are smartasses
  • #82,434
  • Apr 1, 2009 10:34pm Apr 1, 2009 10:34pm
Quoting acumen
That little thread of your has gotten some attention.

How many PIPS you taking out these days?

Nice to see.
Yep, THV is all over the net now, lol.

I'm not trading since yesterday, my internet broke down several times and I'm afraid that I stick with one without TP.

Anyhow I made enough on monday to fill the book for the week.

Did you finish writing your book?
  • #82,435
  • Apr 1, 2009 10:37pm Apr 1, 2009 10:37pm
Quoting Spsantos
I second that, plus they never made two consecutive rate changes in conecutive months... they always wait for the results of the last change to be settled...

I'm still doubtfull they're going to change the rate later today, but given the exceptional times we're in... keeping an open mind
Either way the volatility before and shortly after could cause a massive angina.

m
  • #82,436
  • Apr 1, 2009 10:38pm Apr 1, 2009 10:38pm
Quoting trading801
COBRA !!!!!!!!!!!


i went to your thead to say hi a few times to u... u did not reply.. i tot u have forgotten about me !
Nope, how I can forget you with all the fun we had.

Just had some days in the beach and when I saw your post was late to reply.

Hope you're doing fine my friend.
  • #82,437
  • Apr 1, 2009 10:38pm Apr 1, 2009 10:38pm
Quoting cobraforex
Yep, THV is all over the net now, lol.

I'm not trading since yesterday, my internet broke down several times and I'm afraid that I stick with one without TP.

Anyhow I made enough on monday to fill the book for the week.

Did you finish writing your book?
Crumb snatcher keeping me too busy.

Additionally I've been focusing on the hedge fund.

m
  • #82,438
  • Apr 1, 2009 10:40pm Apr 1, 2009 10:40pm
Quoting ak4x
mike what is your r1 pivot for tonite? mine is 3299, and I'm surprised to see it fall short after geting so close, so double checking the number. we're usually pretty close but not always exact.
i touched 99 with one feed ans 93 with other
those who can, do. those who cant, talk about those who can
  • #82,439
  • Apr 1, 2009 10:40pm Apr 1, 2009 10:40pm
Quoting acumen
Works well.
cool

Well, my little add-on was supposed to be a 16 pipper on the way to a 2nd try at the high mark, but pooped out at 8... oh well.

setting a trailer on the remaining long and knocking off. The momentum was never that strong, it seems it may have lost whatever it did have, and I ain't chasin it all night.

Out till next week, no trading the next 2 days for me, watching but not touching. have fun.

Hey cobra!! mrs cobra let you get on the puter huh?
FUBAR...
  • #82,440
  • Apr 1, 2009 10:43pm Apr 1, 2009 10:43pm
Quoting acumen
I've been trading a retrace system lately.

I'll send it to you once I clean up a few points.

Works well.

m
i'd love to see this retrace system if possible!
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