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  • #93,881
  • May 8, 2009 12:32am May 8, 2009 12:32am
you are right Atlast .. "Divide your capital and buy tickets as your method says you should" and i think by money mangment we can win the market in the end.
Never sell @ lower upward channel unless breacked and vise versa .
  • #93,882
  • May 8, 2009 12:34am May 8, 2009 12:34am
Quoting fontu
It was buy set up perhaps , not understand why selling ? tp should be at least 1.3467 rather sell to 1.3436.
thanks .
fontu
You appear to have a lot going on there. Like the underground map. Follow your rules and either way in the long run you should be consistent
  • #93,883
  • May 8, 2009 12:36am May 8, 2009 12:36am
Quoting Richalok
not new i given toal 8 months in forex...
8 months is still new. Ive been doing this 3 years and i still think I am new. We have all been there, we were all new and may have been new for many years until we can consistently make regular pips month in month out.

I am still making losses and not regularly making enough pips to sustain a regular source of income, but my pip losses have definately reduced over the years which gives me the indication that I am on the right track. Most of my trades are on the demo account, and so far my demo account is at a 30% increase from opening 6 weeks ago.
_______________ Say Good-bye to Buy-and-Hold
  • #93,884
  • May 8, 2009 12:38am May 8, 2009 12:38am
morning all

green pips for all

morning Atlast , the guy who never rest
I SEE YOU !!
  • #93,885
  • May 8, 2009 12:42am May 8, 2009 12:42am
closed all others adddi9ng euro longs, been underperforming, gotta take the risk
  • #93,886
  • May 8, 2009 12:43am May 8, 2009 12:43am
Oh.. in regards to the NFP, I have a question:

I have been reading conflicting reports on how the report is going to effect the currency.

It looks like it is predicted that the NFP will actually be better than forecast of around -500K instead of -591K and the unemployment rate at -8.1% rather than -8.8%.

If these figures come out as suggested above, does this mean the Eur/USD rises as the USD weakens due to the better state of economy where a weaker dollar is a better sign of a better economy

OR

As FF suggests that when the results are better than expected then this is good for the currency which means a lower EUR/USD.

Help much appreciated as this is all as clear as mud to me so far.
_______________ Say Good-bye to Buy-and-Hold
  • #93,887
  • May 8, 2009 12:50am May 8, 2009 12:50am
Quoting 99vt66
PA poised for a upmove...remember the fib50 pb and 5pips belowfib618 sl...

Drat, the mom was just a tad stronger and it went line to line on me...
well, you cant win them all.

Lets see how its going to react at 13413/13422/40 lvl.
  • #93,888
  • May 8, 2009 12:53am May 8, 2009 12:53am
The market has shown it is still on the same track, but I see it returning to the point where there was a lot of buying and selling. Vic's 2B setup
  • #93,889
  • May 8, 2009 12:57am May 8, 2009 12:57am
scalping the momentum

short @ 3408

lets see the resut
I SEE YOU !!
  • #93,890
  • May 8, 2009 1:02am May 8, 2009 1:02am
Quoting dbfusion
morning all

green pips for all

morning Atlast , the guy who never rest
You noticed yea, I go through phases like that. Today though I will be trading much less in the afternoon
  • #93,891
  • May 8, 2009 1:06am May 8, 2009 1:06am
Quoting Atlast
You noticed yea, I go through phases like that. Today though I will be trading much less in the afternoon
yea you better take some good rest in this weekend

yesterday you were like 16 hours or more watching those bars

I wish I can go out for a barbecue its rainy here
I SEE YOU !!
  • #93,892
  • May 8, 2009 1:07am May 8, 2009 1:07am
Quoting Atlast
You appear to have a lot going on there. Like the underground map. Follow your rules and either way in the long run you should be consistent
that's right ,I have both open now with real chances.Thanks ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #93,893
  • May 8, 2009 1:08am May 8, 2009 1:08am
Quoting dbfusion
short @ 3408

lets see the resut
nice entry at the QP there... spot on.

watch that support at the 21sma (grey line) and the central pivot tho (green line). If it breaks, there should be a nice little drop possibly back to the Dp at 3369ish, if it makes it past the xx80 psych level, which is also the current lower BB on the 6m.

I only mention all this cuz you said you were scalping.
Attached Image
FUBAR...
  • #93,894
  • May 8, 2009 1:11am May 8, 2009 1:11am
Quoting ak4x
nice entry at the QP there... spot on.

watch that support at the 21sma (grey line) and the central pivot tho (green line). If it breaks, there should be a nice little drop possibly back to the Dp at 3369ish, if it makes it past the xx80 psych level, which is also the current lower BB on the 6m.

I only mention all this cuz you said you were scalping.

I collected 7 small pips because it was slow and waiting to see what might happen

just to be safe

I am scalping and its friday
I SEE YOU !!
  • #93,895
  • May 8, 2009 1:12am May 8, 2009 1:12am
see .

I am knocked out with my 7 pips
I SEE YOU !!
  • #93,896
  • May 8, 2009 1:17am May 8, 2009 1:17am
Quoting dbfusion
see .

I am knocked out with my 7 pips
Good start.
  • #93,897
  • May 8, 2009 1:20am May 8, 2009 1:20am
look for an short entry at 13430 area, stop 35 pips.
  • #93,898
  • May 8, 2009 1:21am May 8, 2009 1:21am
Quoting Atlast
Good start.
rofl

I still see it might go down
its just my bias that below 34 doesn't make much sense to me

3416 should have been the ideal scalp
I SEE YOU !!
  • #93,899
  • May 8, 2009 1:24am May 8, 2009 1:24am
again scalp short @3416

I SEE YOU !!
  • #93,900
  • May 8, 2009 1:24am May 8, 2009 1:24am
If still short around 1.3396 and didn't close now would be a good time to add if closes below 1.3408
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