DislikedNo this is way to risky to short here! if you want to short wait for a break of 1.3550 and then a retest we are above support hereIgnored
- #95,842
- May 13, 2009 6:47pm May 13, 2009 6:47pm
- Joined Mar 2007 | Status: Symbol | 2,788 Posts
FF journal: Peaks and Troffs
- #95,843
- May 13, 2009 6:49pm May 13, 2009 6:49pm
- Joined Apr 2007 | Status: Trader | 2,303 Posts
That's why I told only for bulls.
Short time was already above 1.3626, now let's see who will win the fight.
I am warning about longs, but at this point everything can happen, PA is more favorable for short break.
Editing after 1.3540 break : AND VOILA!!
Remember my fellows traders, I am here to help, how many times I must say this.
Short time was already above 1.3626, now let's see who will win the fight.
I am warning about longs, but at this point everything can happen, PA is more favorable for short break.
Editing after 1.3540 break : AND VOILA!!
Remember my fellows traders, I am here to help, how many times I must say this.
- #95,844
- May 13, 2009 6:49pm May 13, 2009 6:49pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
Traders' behavior of May 13, 2009 is a classic example of how a few pip move in unexpected direction creates doubts and indicisions among them.
Fact: A long term trend line broken, PA came back to re-test it.
Future direction: Refer the first paragraph above
Is this the reason many fail? I don't know
Fact: A long term trend line broken, PA came back to re-test it.
Future direction: Refer the first paragraph above
Is this the reason many fail? I don't know
The Thief of Wall Street
- #95,845
- May 13, 2009 6:52pm May 13, 2009 6:52pm
- | Joined Nov 2008 | Status: Trader | 2,548 Posts
I'm short. That's my target too.
Im currently short with only 30% of my position from 1.3650 which im targeting much lower (close to the blue rectangle). But I would have not taken the short from 3585 as we were floating above support!
All about risk to reward ratio , just looked at my chart now though and all is well
- #95,846
- May 13, 2009 6:53pm May 13, 2009 6:53pm
- Joined Oct 2008 | Status: sideline is a position | 105,172 Posts
those who can, do. those who cant, talk about those who can
- #95,849
- May 13, 2009 6:55pm May 13, 2009 6:55pm
- Joined Mar 2007 | Status: Symbol | 2,788 Posts
ok cool! I hope you got that short from higher up though and not from when i posted my chart. I guess its partly my fault I should have explained the trade better.
Im currently short with only 30% of my position from 1.3650 which im targeting much lower (close to the blue rectangle). But I would have not taken the short from 3585 as we were floating above support!
All about risk to reward ratio , just looked at my chart now though and all is well
.I got in at 3588, Just did what my charts said.
FF journal: Peaks and Troffs
- #95,850
- May 13, 2009 6:57pm May 13, 2009 6:57pm
- Joined Oct 2008 | Status: sideline is a position | 105,172 Posts
I told U...DEEPER !
Just follow my previous comments !
those who can, do. those who cant, talk about those who can
- #95,851
- May 13, 2009 7:00pm May 13, 2009 7:00pm
I want to see what he has seen TOOOO.
(I hope it is some magic chart with all the entries and exits clearly marked for tomorrow)
Please, Pipnator, share? Friends forever?
Trade the moves, not the market
- #95,852
- May 13, 2009 7:06pm May 13, 2009 7:06pm
- Joined Oct 2008 | Status: sideline is a position | 105,172 Posts
those who can, do. those who cant, talk about those who can
- #95,856
- May 13, 2009 7:13pm May 13, 2009 7:13pm
- Joined Oct 2008 | Status: sideline is a position | 105,172 Posts
those who can, do. those who cant, talk about those who can
- #95,858
- Edited 7:32pm May 13, 2009 7:16pm | Edited 7:32pm
- Joined Apr 2007 | Status: Trader | 2,303 Posts
...not out of my shorts, no, no, no.
Do not have bad ideas, I mean go long.
According a weekly magic line I have, if the rule keeps about that line, this will drop a lot.
I see nice drops for at least 3 M30 candles including the actual one, so short the rises you see in M30 candles, only for these 3 candles then I am blind!
I am advising this only because I am following that particularly line, if wasn't that line I wouldn't advice to short here, because I advice only when +90% free of risk, in forex this exist, it is not any holy grail, I can do that once or twice per week.
Editing: I forgot to mention that we can't see big green candles in this 3 ones, this one will be, do not scalp shorts now, here is where I must see other charts and that's why I am not a scalper trader. I have lot of shorts above 1.3586, I saw this coming some time ago, now it is the confirmation, spot now the volatility it is a job that I will not do now, I am
Do not have bad ideas, I mean go long.
According a weekly magic line I have, if the rule keeps about that line, this will drop a lot.
I see nice drops for at least 3 M30 candles including the actual one, so short the rises you see in M30 candles, only for these 3 candles then I am blind!
I am advising this only because I am following that particularly line, if wasn't that line I wouldn't advice to short here, because I advice only when +90% free of risk, in forex this exist, it is not any holy grail, I can do that once or twice per week.
Editing: I forgot to mention that we can't see big green candles in this 3 ones, this one will be, do not scalp shorts now, here is where I must see other charts and that's why I am not a scalper trader. I have lot of shorts above 1.3586, I saw this coming some time ago, now it is the confirmation, spot now the volatility it is a job that I will not do now, I am
- #95,859
- May 13, 2009 7:20pm May 13, 2009 7:20pm
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
- #95,860
- May 13, 2009 7:29pm May 13, 2009 7:29pm
- Joined Oct 2008 | Status: Trader | 3,473 Posts
Trade on your own risk
Plan your trade&trade your plan dont be a 