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  • #93,281
  • May 6, 2009 8:27pm May 6, 2009 8:27pm
yes i have put it on my charts. i have done a few demo trades on this, I use a 10 s/l and about the same t./p reslts have been b/e in about 2 days. may be coz i am learning. will go thru cobra thread over wekend.

my achilies heel is that i trade from 6 est to 10 pm est. i mean open trades atleast. I have been trying to wake up at 3 am cst coz that is the most liquid time there is , imo, so far have failed miserably, i wake up, power up my komputer, stare at these charts 5 minutes, pee and go back to bed. i have a job that needs me on call every minute and one reason i have lost this weekis i cannot baby sit these trades once initiated from my job.

definitely isee opportunity in scalp mode. when the going gets tuff, tuff get going etc.

good to knw it is working for ya

Quoting gatorinla
yes. it was.. but have even slowed down doing this.. i dont know the direction of real trend..everyone is waiting on news now.. i suspect you will get little more then range trades.. did you get the system that one eye dude uses here..
Its all in the mind.
  • #93,282
  • May 6, 2009 8:29pm May 6, 2009 8:29pm
i read a very good artcile somewhere that said a lot of new trends are started on thursdays. lemme see if i can find that on my local machine. that is useful.

ok i did find the url, i am sorry if this is against any rules, lemme know admins and i will remove-

http://www.earnforex.com/forex_e-boo...heat_Sheet.pdf

Quoting Chicky
I don't know why but Bullfx's avatar reminded me of you.

So the game is over. Obviously, you won the traffic game.

These longer vessels are boring. We are exactly at the same place after 24 hours. But this will be Thursday here in about three hours. Thursdays have lately replaced Fridays and therefore some movement expected. Still looking for my lost hat but will keep on carrying my longs maybe into next week.
Its all in the mind.
  • #93,283
  • Edited 8:30pm May 6, 2009 8:30pm | Edited 8:30pm
Quoting 5abi
....as long as i get my benchmark 30 % .....
30%? you mean 30%! I mean 30%? That means I am wasting my time. My average would be either 1% of 30% or 30% of 1%.

I will appreciate if you could kindly elaborate. Maybe I am not using my account more effectively or taking much less risk than most.
The Thief of Wall Street
  • #93,284
  • May 6, 2009 8:31pm May 6, 2009 8:31pm
Quoting 5abi
hmm.
NOBAMA would have slowly sucked it over a period of 2-3 years,
you do know over history the dollar has been stronger when a demo was in office right?
those who can, do. those who cant, talk about those who can
  • #93,285
  • May 6, 2009 8:33pm May 6, 2009 8:33pm
Quoting 5abi
yes i have put it on my charts. i have done a few demo trades on this, I use a 10 s/l and about the same t./p reslts have been b/e in about 2 days. may be coz i am learning. will go thru cobra thread over wekend.

my achilies heel is that i trade from 6 est to 10 pm est. i mean open trades atleast. I have been trying to wake up at 3 am cst coz that is the most liquid time there is , imo, so far have failed miserably, i wake up, power up my komputer, stare at these charts 5 minutes, pee and go back to bed. i have a job that needs me on call every...
i havent used it yet.. but i do something simulior.. but no arrows or alarms..
those who can, do. those who cant, talk about those who can
  • #93,286
  • May 6, 2009 8:39pm May 6, 2009 8:39pm
i know about clinton and carter. not sure before that, i see usd strong in early 70s, as that is when they let it freely float instead peg to gold?

I am reallynot sure aboot this time now.

Quoting gatorinla
you do know over history the dollar has been stronger when a demo was in office right?
Its all in the mind.
  • #93,287
  • May 6, 2009 8:40pm May 6, 2009 8:40pm
Quoting Chicky
I don't know why but Bullfx's avatar reminded me of you.

.
im so slow.. caught on to the pun....i think.. i got 2 maybe 3 puns..
those who can, do. those who cant, talk about those who can
  • #93,288
  • May 6, 2009 8:42pm May 6, 2009 8:42pm
news starts hittin' we'll be rangin' and scalping a bit here and scalping a bit there is all I'm gunna do. The safest way to trade right now - is to NOT Trade. But; hey, "do as I say; not as I do."
Pip what you see; See what you pip!
  • #93,289
  • May 6, 2009 8:42pm May 6, 2009 8:42pm
30 % is minimum growth i aim over a year. Comes to aboot 2.25 % a month Not glamorous at all but this is one number i have found peace with over last many-many months


Quoting Chicky
30%? you mean 30%! I mean 30%? That means I am wasting my time. My average would be either 1% of 30% or 30% of 1%.

I will appreciate if you could kindly elaborate. Maybe I am not using my account more effectively or taking much less risk than most.
Its all in the mind.
  • #93,290
  • Edited 9:02pm May 6, 2009 8:47pm | Edited 9:02pm
Quoting 5abi
i know about clinton and carter. not sure before that, i see usd strong in early 70s, as that is when they let it freely float instead peg to gold?

I am really not sure aboot this time now.
yep if you do the dollar into gold fourmula (1000$ gold up 2800%) its not so good for dollar... even worse if you do it using 142 was 3$ (barrel oil..up 4700%)

long time since $35 oz gold..
those who can, do. those who cant, talk about those who can
  • #93,291
  • May 6, 2009 8:49pm May 6, 2009 8:49pm
may be i am slower, i still dont get the pun here, what is in bull's avatar that even remotely resembles gator's???

Quoting gatorinla
im so slow.. caught on to the pun....i think.. i got 2 maybe 3 puns..
Its all in the mind.
  • #93,292
  • May 6, 2009 9:06pm May 6, 2009 9:06pm
Let's see if this 20m BB tap will turn or burn thru...

...a small short back to 3290 to sweeteen the pot.

Add: I had thought it might be trying for the central (green line) since it dropped right out of the gate at 5pm, but the 3m stall at the DP sort of makes me think maybe not, this is a small trade with tight stop above the central... just in case.

that looked like the second itty bitty chart
Attached Images
FUBAR...
  • #93,293
  • Edited 9:20pm May 6, 2009 9:10pm | Edited 9:20pm
Quoting ak4x
Let's see if this 20m BB tap will turn or burn...

a small short back to 3290 to sweeteen the pot...

Add: I had thought it might be trying for the central since it dropped right out of the gate at 5pm, but the 3m stall at the DP sort of makes me think maybe not, this is a small trade with tight stop above the central... just in case.
I went with the turn myself at 20. It hit my Q1R1 and 'headin' south just felt right. Locked in for no loss already see if it gives me 10 or 15.

edit - out with 12
Pip what you see; See what you pip!
  • #93,294
  • May 6, 2009 9:15pm May 6, 2009 9:15pm
43 pips? maybe more.
those who can, do. those who cant, talk about those who can
  • #93,295
  • May 6, 2009 9:17pm May 6, 2009 9:17pm
Alternative trade in case of a busted DP and CP would be a long up to possibly the 62%/M3 pivot/ Upper 1hr BB...

That would be my target if PA went thatta way. Any higher, I'd have to see something else happening here first.

Fib is from the chart I posted a'rd 5pm or so.
Attached Image
FUBAR...
  • #93,296
  • May 6, 2009 9:17pm May 6, 2009 9:17pm
Attached Image (click to enlarge)
Click to Enlarge Name: forex.GIF Size: 14 KB


engulfing Pattern ?
  • #93,297
  • May 6, 2009 9:25pm May 6, 2009 9:25pm
Quoting SeerEye
Locked in for no loss already see if it gives me 10 or 15. edit - out with 12
Reminds me of all the time spent tradin the BB's on UJ last spring before the world turned all upside down again.

Back and forth, over and over, ad nauseum... But it worked.

I'm in at 15 and will see what happens on the lower 3m BB which converges with the xx00figure.
FUBAR...
  • #93,298
  • May 6, 2009 9:30pm May 6, 2009 9:30pm
Quoting ak4x
Reminds me of all the time spent tradin the BB's on UJ last spring before the world turned all upside down again.

Back and forth, over and over, ad nauseum... But it worked.

I'm in at 15 and will see what happens on the lower 3m BB which converges with the xx00figure.
lol - it does work. With my MM in place (kind of aggressive, I suppose) and THV in my plan, I'll take 12-15 pips all day long - get 5-8 of those a day; I'm gunna have a looser or two, so I shoot for 40 pips (averaging better than that) on my main account and play around with my little account. Ah; it's a livin'.
Which reminds me; it's poker night - later
Pip what you see; See what you pip!
  • #93,299
  • May 6, 2009 9:30pm May 6, 2009 9:30pm
Any takers on the GU 30m? Last chance for a nice tight sl...
FUBAR...
  • #93,300
  • May 6, 2009 9:35pm May 6, 2009 9:35pm
Quoting ak4x
Any takers on the GU 30m? Last chance for a nice tight sl...
only play e/u and just beginning to dabble into e/j - g/u - naw. Good luck though
Pip what you see; See what you pip!
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