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  • #93,861
  • May 7, 2009 10:01pm May 7, 2009 10:01pm
Quoting ak4x
Must be Old School cuz I don't know what nova days are. The other possibility is that it's just me bein my normal sweet self...

Naaahhh... that won't fly.

Sometimes I ruminate (there's a word that''ll perk gator up)) on how long I lurked a'rd here and dug into all sorts of stuff from way back to what was then current before I ever made my first post. There's others here that I know did the same thing. I pretty much knew my way a'rd FF and what was where, Who was Who and Who Wasn't even if i was a Trading Putz at the time. May still be...
me's thinking he had a nova but wanted a pinto wagon..in his weaning days..
those who can, do. those who cant, talk about those who can
  • #93,862
  • Edited 10:43pm May 7, 2009 10:15pm | Edited 10:43pm
i thought todays price action here in yellow circles was great hit the 150% fib to the pip i am searching for reliable daily cyle lines. here is my work so far enjoy!

also included a trade i should have taken today but was looking too much for shorting opportunities. one weakness of mind is i try to spot counter trend trades too often.

feel free to see this post also
http://www.forexfactory.com/showpost...ostcount=93537

any addons or advice or comments feel free to post

ps we may be in for something big shortly broke out of triangle
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd050709-5.gif Size: 39 KB
Click to Enlarge Name: eurusd050709-6.gif Size: 35 KB
Click to Enlarge Name: eurusd050709-7.gif Size: 34 KB
Click to Enlarge Name: eurusd050709-hefer1.gif Size: 87 KB
Click to Enlarge Name: eurusd050709-8.gif Size: 25 KB
Attached File(s)
File Type: tpl eurusddailycycle-1.tpl   < 1 KB | 258 downloads
File Type: tpl eaglestareurusd0050709-v06.tpl   12 KB | 258 downloads
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #93,863
  • May 7, 2009 10:28pm May 7, 2009 10:28pm
Today, I will try to do something which I have not done for quite a while(hope my ticker holds) I am going to trade the NFP. Yes....

Surprisingly, contrary to popular beliefs and yet to be acquired skill, it is a high volatility, high rewards, high probability BUT low risks (yes!!! low risks) trade set-up. APPT r/r is mimimum of 8.1 within the present context/range of the PA.

For those who wanna have some fun and dare to be with me, the game plan is:-

Pending Long - 13270
Stop Loss - 13245 (the current dynamics bears threshold is 13250)
TP - 13470

Our SL if breached will triggered a new m/t descending bearish trend change with upside resistance level at current PA set at 13430.

GL to myself and all those who wanna join in the fun but must be physically fit and ADEQUATELY CAPITALISED.( The risks is 25 pips!!!)

  • #93,864
  • May 7, 2009 10:36pm May 7, 2009 10:36pm
Quoting gatorinla
me's thinking he had a nova but wanted a pinto wagon...
With the fake wood panels... sweet.

Makin me drool here gator for the ole days. I'll see if I can find the pic of my old early 70's Maverick. A guy gave it to me just to get rid of it. He had been a pretty good friend before that...

I'm gonna pimp this Ride someday when all my Pips roll in.

Attached Image
FUBAR...
  • #93,865
  • May 7, 2009 10:42pm May 7, 2009 10:42pm
Quoting 99vt66
GL to myself and all those who wanna join in the fun but must be physically fit...
I'm rootin for ya...

Old age and treachery will overcome youth and vitality anyway...
FUBAR...
  • #93,866
  • May 7, 2009 10:49pm May 7, 2009 10:49pm
Quoting ak4x
I'm rootin for ya...

Old age and treachery will overcome youth and vitality anyway...
Thx AK, sure need it but I will be coming back to my monitor 1hr after the news....no point risking my collateral damage....hehe
  • #93,867
  • May 7, 2009 11:09pm May 7, 2009 11:09pm
Quoting ak4x
With the fake wood panels... sweet.

Makin me drool here gator for the ole days. I'll see if I can find the pic of my old early 70's Maverick. A guy gave it to me just to get rid of it. He had been a pretty good friend before that...

I'm gonna pimp this Ride someday when all my Pips roll in.

Attachment
My uncle had one of them, he called it The Fat Mobile.
  • #93,868
  • May 7, 2009 11:35pm May 7, 2009 11:35pm
Good morning all friends here..
Attached Image (click to enlarge)
Click to Enlarge Name: 08-05-a.png Size: 24 KB
Never sell @ lower upward channel unless breacked and vise versa .
  • #93,869
  • May 7, 2009 11:40pm May 7, 2009 11:40pm
Quoting ak4x
A guy gave it to me just to get rid of it. He had been a pretty good friend before that...
.
  • #93,870
  • May 7, 2009 11:45pm May 7, 2009 11:45pm
PA poised for a upmove...remember the fib50 pb and 5pips belowfib618 sl...
  • #93,871
  • May 7, 2009 11:49pm May 7, 2009 11:49pm
Quoting WedWed
Good morning all friends here..
Nice. Watch the down track as this short journey about to end
Good mornin all.
I am selling in 3 min
  • #93,872
  • May 7, 2009 11:51pm May 7, 2009 11:51pm
Quoting 99vt66
Today, I will try to do something which I have not done for quite a while(hope my ticker holds) I am going to trade the NFP. Yes....

Surprisingly, contrary to popular beliefs and yet to be acquired skill, it is a high volatility, high rewards, high probability BUT low risks (yes!!! low risks) trade set-up. APPT r/r is mimimum of 8.1 within the present context/range of the PA.

For those who wanna have some fun and dare to be with me, the game plan is:-

Pending Long - 13270
Stop Loss - 13245 (the current dynamics bears threshold is 13250)
TP...
I really like the idea of your risk to reward ratio 1:8 to trade the nfp. Hopefully it works out for you. As we all know nfp can be choppy as sh*t. The first movement is not neccesarilly the follow through movement like we saw today during the interest rate announcement. Good luck man.
  • #93,873
  • May 8, 2009 12:04am May 8, 2009 12:04am
shit forex only loss and loss not any easy way to collect some pips
  • #93,874
  • May 8, 2009 12:09am May 8, 2009 12:09am
Quoting Richalok
shit forex only loss and loss not any easy way to collect some pips
Rich did you exit yesterday
  • #93,875
  • May 8, 2009 12:11am May 8, 2009 12:11am
ya with loss
  • #93,876
  • May 8, 2009 12:11am May 8, 2009 12:11am
Quoting Atlast
Nice. Watch the down track as this short journey about to end
Good mornin all.
I am selling in 3 min
It was buy set up perhaps , not understand why selling ? tp should be at least 1.3467 rather sell to 1.3436.
thanks .
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #93,877
  • May 8, 2009 12:15am May 8, 2009 12:15am
Hit TP
http://www.forexfactory.com/attachme...1&d=1241757332
Attached Image
Never sell @ lower upward channel unless breacked and vise versa .
  • #93,878
  • May 8, 2009 12:16am May 8, 2009 12:16am
Long Euro, Short AUD, Long EURAUD
  • #93,879
  • May 8, 2009 12:18am May 8, 2009 12:18am
Rich,
You are very new to this. Loss is part of the business. Trading remember is buying and selling. Sometimes you have to take a loss when the ticket you hold is the wrong one. Do not battle with the market. Become a part of it. That is what everyone except the few miss. Work out a plan. Divide your capital and buy tickets as your method says you should. The easiest way is to see yourself as a passenger. You are now in the market, part of it, not outside. Look back on my posts and study. In a few years it will all make sense. Or you may see the light sooner.

Follow the way the market is going. Keep on track. Many ways to do that. Moving average is one, trendlines another, etc. You only need one tool to follow the track and one tool to time the move. Stay cool and disciplined. The market is there to instil emotion and pain on the many. They are not part of the market.

Trade well
  • #93,880
  • May 8, 2009 12:28am May 8, 2009 12:28am
Quoting Atlast
Rich,
You are very new to this. Loss is part of the business. Trading remember is buying and selling. Sometimes you have to take a loss when the ticket you hold is the wrong one. Do not battle with the market. Become a part of it. That is what everyone except the few miss. Work out a plan. Divide your capital and buy tickets as your method says you should. The easiest way is to see yourself as a passenger. You are now in the market, part of it, not outside. Look back on my posts and study. In a few years it will all make sense. Or you may see the...
not new i given toal 8 months in forex...
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