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  • #83,221
  • Apr 3, 2009 8:17pm Apr 3, 2009 8:17pm
Quoting Turveyd
first 1 wasn't exactly accurate hence the 1/2 mark.

no.2 was spot on, but 400 I'll be nice.

And closing and visible Resistance and closing near 1.3487 gets you 2 marks.

Hence 5.

I'll post my randomly generated numbers, within the same levels same amount Sunday all being well.
If you are looking for exact to the pip or two - it ain't gonna happen.

BTW what do you use other than 'statistics'?
  • #83,222
  • Apr 3, 2009 8:37pm Apr 3, 2009 8:37pm
[quote]Mike,

Are you the trader that uses the 20 and 30 EMA on the 15M to get trend confirmation?
Quoting acumen
However... I also have an additional indicator that I use to base my entries on.

Pivots of course.

How do you use the 20 & 30 EMA on the 15M and how it relate to the pivots? Do you use any other indicators ? Thank you

Andy
  • #83,223
  • Apr 3, 2009 9:54pm Apr 3, 2009 9:54pm
Current Price

1.3486

Community Service !
  • #83,224
  • Apr 3, 2009 10:10pm Apr 3, 2009 10:10pm
Quoting dannies
so will eu be going down more?

i have shorts at 1.3420. any idea would be great...
thanks
As you only mentioned your entry without tp and sl means either you are demoing or you are just talking your trade like so many of them do here.

Assuming you are really trading your talk with live accounts, you should get out of your present trade when price retrace to 13440/13425 and take a small loss as it should be looking at my technical chart and assuming that my chart is right.

It is apparent that you should not be throwing your money away trading live when you are asking whether price is going up or down as price always go up or down in its descend/ rally/ consol as price seldom move in one direction except in trending market conditions.

Forex is deviously easy but hardest to master as anything that seems easy are always too good to be true. Take your time to learn and once you have reach a certain level of technical efficiency, your question would most likely to be different. Then you will know that you have made some progress.

Good luck in your learning.....
  • #83,225
  • Apr 3, 2009 10:35pm Apr 3, 2009 10:35pm
Quoting 99vt66
As you only mentioned your entry without tp and sl means either you are demoing or you are just talking your trade like so many of them do here.

Assuming you are really trading your talk with live accounts, you should get out of your present trade when price retrace to 13440/13425 and take a small loss as it should be looking at my technical chart and assuming that my chart is right.

It is apparent that you should not be throwing your money away trading live when you are asking whether price is going up or down as price always go up or down...
plus super good MM needed !!
  • #83,226
  • Apr 3, 2009 10:49pm Apr 3, 2009 10:49pm
Quoting trading801
plus super good MM needed !!
Proper MM is imperative for any serious traders especially when you first start to trade. MM is a honing process of the trading method.

Having said that, MM will lose its significance in the preservation of your trading capitals once you have become a profitable trader with a sizeable trading capitals. In fact MM will actually become a useful tool in maximising/compounding your profits.

Hope it helps you to understand the perspective of MM more......
  • #83,227
  • Apr 3, 2009 11:13pm Apr 3, 2009 11:13pm
Quoting ragnakore
shorts are in danger.. this thing is looking for 1.38
Is it?
Nice to know.
Any reasoning behind this?
If not, why do you post this?
Can you explain?
Post a chart?
Thank you in advance
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  • #83,228
  • Apr 3, 2009 11:39pm Apr 3, 2009 11:39pm
General trading advice for Sunday:

1. Get a touch of the forums opinion about UP or DOWN
2. Trade heavily the opposite direction
3. Cash in your profits

You can easily increase your account value 25% per week

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  • #83,229
  • Apr 3, 2009 11:43pm Apr 3, 2009 11:43pm
Quoting KillerWhale
General trading advice for Sunday:

1. Get a touch of the forums opinion about UP or DOWN
2. Trade heavily the opposite direction
3. Cash in your profits

You can easily increase your account value 25% per week

Correction,
Not only for Sunday,
this advice is valid any day, any time.

Good luck with your trading!
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  • #83,230
  • Apr 3, 2009 11:44pm Apr 3, 2009 11:44pm
Quoting KillerWhale
General trading advice for Sunday:

1. Get a touch of the forums opinion about UP or DOWN
2. Trade heavily the opposite direction
3. Cash in your profits

You can easily increase your account value 25% per week

Or do the opposite of the above, will still increase your account value by 25% per week.

How come? MM is the key.









Someone else money, your management ...... for a fee
The Thief of Wall Street
  • #83,231
  • Apr 3, 2009 11:45pm Apr 3, 2009 11:45pm
haahahahahaahah !!!!
  • #83,232
  • Apr 3, 2009 11:49pm Apr 3, 2009 11:49pm
Quoting KillerWhale
Correction,
Not only for Sunday,
this advice is valid any day, any time.

Good luck with your trading!
Shamu, Thanks for clarifying.

The above adivse is valid for any day and any time.
Would you like to give an advice for Monday?
The Thief of Wall Street
  • #83,233
  • Apr 3, 2009 11:55pm Apr 3, 2009 11:55pm
Quoting KillerWhale
Correction,
Not only for Sunday,
this advice is valid any day, any time.

Good luck with your trading!
And please don't forget to use your "INSTINCT" indicator and your "GOOD FEEL" indicator.

Success guaranteed.
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  • #83,234
  • Apr 3, 2009 11:57pm Apr 3, 2009 11:57pm
Quoting Chicky
Shamu, Thanks for clarifying.

The above adivse is valid for any day and any time.
Would you like to give an advice for Monday?
For Monday, I'll use my good feel indicator, except for when Kim Something is firing his nuclear missile, then I'll just buy Gold.
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  • #83,235
  • Apr 4, 2009 12:01am Apr 4, 2009 12:01am
Quoting KillerWhale
For Monday, I'll use my good feel indicator, except for when Kim Something is firing his nuclear missile, then I'll just buy Gold.
Which broker deals in gold for US clients. I know one but that wouldn't accept clients from the US or UK.
The Thief of Wall Street
  • #83,236
  • Apr 4, 2009 12:09am Apr 4, 2009 12:09am
Quoting Chicky
Which broker deals in gold for US clients. I know one but that wouldn't accept clients from the US or UK.
Oanda has Gold trade.

Actually, I do have a few ounces buy open for the longer term. Currently $891 per troy ounce, my target is $1,000 per ounce.
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  • #83,237
  • Apr 4, 2009 12:19am Apr 4, 2009 12:19am
Quoting KillerWhale
Oanda has Gold trade.

Actually, I do have a few ounces buy open for the longer term. Currently $891 per troy ounce, my target is $1,000 per ounce.
Thanks for letting me know. I will check from them.
891 is good enough a deal. You may like to look beyond $1,000 at least for part of your position. I watched it move from $340 to $1,000 (probably 1,034 or so). Missed a recent opportunity when it was 705.
The Thief of Wall Street
  • #83,238
  • Apr 4, 2009 12:37am Apr 4, 2009 12:37am
Quoting Chicky
Thanks for letting me know. I will check from them.
891 is good enough a deal. You may like to look beyond $1,000 at least for part of your position. I watched it move from $340 to $1,000 (probably 1,034 or so). Missed a recent opportunity when it was 705.
LOL, I'm slowly building up, every low I buy an ounce and I hope that I can raise my target. How far? Some analyst say $1,500 by the end of the year.

Want to do it for less money? Try Silver, also @ Oanda.
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  • #83,239
  • Apr 4, 2009 12:41am Apr 4, 2009 12:41am
Quoting KillerWhale
LOL, I'm slowly building up, every low I buy an ounce and I hope that I can raise my target. How far? Some analyst say $1,500 by the end of the year.

Want to do it for less money? Try Silver, also @ Oanda.
And the volatility for gold is a real beauty.
2000 pips per day is not an exception.
100 pips per minute happens very often.

Shamu
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  • #83,240
  • Apr 4, 2009 12:49am Apr 4, 2009 12:49am
After a week of being down without internet and movers distroying my trading PC I am back at it.

This next week I am going to be looking for failures in the 3500, 3520, and 3560 areas to start shorting this pair. Of course PA will determine if those areas are valid. I am using the pivot points from a week ago and they appear to still be intact. Again, price will tell.

Take care everyone and trade what you see.
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