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  • #96,381
  • May 14, 2009 6:49pm May 14, 2009 6:49pm
BTW LONG EURODOLLAR LONG dollar yen , about 90 points up on yen, and am a lil confused about the upside here


Quoting gatorinla
heres one.. got others.. but you get the point.. it over turn out the lights on your way out..
Its all in the mind.
  • #96,382
  • May 14, 2009 7:15pm May 14, 2009 7:15pm
Quoting BoredToLoose
Of course that open shorts below safe areas can be very nasty.

I have told to set a Low TF symmetric channel and I did, my ultimate line was at 1.3662, I have opened some pips below at 1.3654 my last short, now if this line broke I will get out of most of my shorts.

The hard it is to find the line angle and I have some rules about that, but I will not share that, sorry.

Image is M15 chart and see that channel, I see now a bottom touched at one line I have, and then we will see if symmetric line will hold or not.
Your chart looks like a diamond shape is about to form, a nice reversal pattern in the next few hours...that formation may be forming and so the prices will ding dong within a range...
  • #96,383
  • May 14, 2009 7:30pm May 14, 2009 7:30pm
I am a long term trader.

Opened a long-term short position few minutes ago. It has gone 16 pips against me. Should I close and open a long position i.e. reverse my direction?

What your crystal ball of fibs, ema, sma, s/r, tell you? Do you think world economic situation has something to do with trading?

Will highly appreciate your help as I am quickly reaching near a margin call.
The Thief of Wall Street
  • #96,384
  • May 14, 2009 7:31pm May 14, 2009 7:31pm
Quoting Chicky
I am a long term trader.

Opened a long-term short position few minutes ago. It has gone 16 pips against me. Should I close and open a long position i.e. reverse my direction?

What your crystal ball of fibs, ema, sma, s/r, tell you? Do you think world economic situation has something to do with trading?

Will highly appreciate your help as I am quickly reaching near a margin call.
I hope you love longer than you trade

My short's gone 67 pips against me...and counting.

Mine's shorter than yours
Not all sins are created equal
  • #96,385
  • May 14, 2009 7:37pm May 14, 2009 7:37pm
short euro? nooo..

Quoting Chicky
I am a long term trader.

Opened a long-term short position few minutes ago. It has gone 16 pips against me. Should I close and open a long position i.e. reverse my direction?

What your crystal ball of fibs, ema, sma, s/r, tell you? Do you think world economic situation has something to do with trading?

Will highly appreciate your help as I am quickly reaching near a margin call.
Its all in the mind.
  • #96,386
  • May 14, 2009 7:38pm May 14, 2009 7:38pm
Quoting Chicky
I am a long term trader.

Opened a long-term short position few minutes ago. It has gone 16 pips against me. Should I close and open a long position i.e. reverse my direction?

What your crystal ball of fibs, ema, sma, s/r, tell you? Do you think world economic situation has something to do with trading?

Will highly appreciate your help as I am quickly reaching near a margin call.
OH u r post yesterday comment about boredtolose and now make me laugh till fall to floor
  • #96,387
  • May 14, 2009 7:39pm May 14, 2009 7:39pm
what was that, i din see can ya pull for me puhhlease?

Quoting egkid
OH u r post yesterday comment about boredtolose and now make me laugh till fall to floor
Its all in the mind.
  • #96,388
  • May 14, 2009 7:42pm May 14, 2009 7:42pm
One thing i'm sure, it's safer to go long on a longer term.

NY sessions have been the most unclear lately too, not helping to establish a definite trend, but on the longer term, it still is best to go long.

Of course always take this with a digestive, since i'm really not qualified and my experience on this is none like everyone else (since none of us has gone through similar conditions in a lifetime).
Traders are smartasses
  • #96,389
  • May 14, 2009 7:43pm May 14, 2009 7:43pm
Quoting Jay Walker
I hope you love longer than you trade

My short's gone 67 pips against me...and counting.

Mine's shorter than yours
Mr. Walker,

You will appreciate that me being a long-term trader have to keep an eye on every move. Therefore, I focus only on making pips. Have no time to make anything else, including love.
The Thief of Wall Street
  • #96,390
  • May 14, 2009 7:46pm May 14, 2009 7:46pm
Quoting gatorinla
looks like big boys are clearing sl?

from my past experiences and the last one just a week ago on thusrday ..yes i believe this is happening sometime. I remember on january NFP, it comes up to the top clearing first the short'er's SL then when the long'er think they are in the right direction it fell down to the bottom clearing the SL of the long'er's as fast as the blink of the eyes so yes it is happening at least once a month
  • #96,391
  • May 14, 2009 7:49pm May 14, 2009 7:49pm
Quoting Chicky
Please don't bother yourself. Boredtolose has been blessed with 4 brains. Left, Right, Up and Down. We will never be able to catch him. Just ask him Up or Down. He will tell you. We cannot decide up or down, because we do not have this mental capability.
hope bored not be angry it good way to go out of this stress.
Will try not to Sorry i can't
  • #96,392
  • May 14, 2009 7:50pm May 14, 2009 7:50pm
Quoting Chicky
Mr. Walker,

You will appreciate that me being a long-term trader have to keep an eye on every move. Therefore, I focus only on making pips. Have no time to make anything else, including love.
I do appreciate it.

Not all sins are created equal
  • #96,393
  • May 14, 2009 7:53pm May 14, 2009 7:53pm
Quoting Spsantos
One thing i'm sure, it's safer to go long on a longer term.

NY sessions have been the most unclear lately too, not helping to establish a definite trend, but on the longer term, it still is best to go long.

Of course always take this with a digestive, since i'm really not qualified and my experience on this is none like everyone else (since none of us has gone through similar conditions in a lifetime).
Waiting for confirmation. We are still in twilight zone. I like remain attached with the world until sure that I am completely dead. "Doctors" have revived me many times for another short spell of life.
The Thief of Wall Street
  • #96,394
  • May 14, 2009 7:54pm May 14, 2009 7:54pm
Quoting essenza
from my past experiences and the last one just a week ago on thusrday ..yes i believe this is happening sometime. I remember on january NFP, it comes up to the top clearing first the short'er's SL then when the long'er think they are in the right direction it fell down to the bottom clearing the SL of the long'er's as fast as the blink of the eyes so yes it is happening at least once a month
Is it clear or clean what ever ! I like it, it's add much pip++ to my ACC
  • #96,395
  • Edited 8:00pm May 14, 2009 7:57pm | Edited 8:00pm
Quoting Jay Walker
I do appreciate it.

Thank you.

All my spouses appreciate it too.
The Thief of Wall Street
  • #96,396
  • May 14, 2009 8:02pm May 14, 2009 8:02pm
Quoting egkid
Is it clear or clean what ever ! I like it, it's add much pip++ to my ACC

...teach me
  • #96,397
  • May 14, 2009 8:08pm May 14, 2009 8:08pm
Quoting essenza
from my past experiences and the last one just a week ago on thusrday ..yes i believe this is happening sometime. I remember on january NFP, it comes up to the top clearing first the short'er's SL then when the long'er think they are in the right direction it fell down to the bottom clearing the SL of the long'er's as fast as the blink of the eyes so yes it is happening at least once a month
No Hedging in same pair. It is always easier to play with a sharper than with an honest player.
The Thief of Wall Street
  • #96,398
  • May 14, 2009 8:12pm May 14, 2009 8:12pm
Could someone page Hasnaa? Have her order the pair to go down.
Not all sins are created equal
  • #96,399
  • May 14, 2009 8:17pm May 14, 2009 8:17pm
.....

Oh Dear, timing all about timing.

My shorts above 1.3700 are really fresh ones, but let's talk about now.

My set up it is all about this, spot the possible big next move, catch near ultimate top, and then scalp the consolidation and set the ultimate line.

I already showed that.

Now let's see if Pivot will be killed in the next hour or no.
That's why I am still here.

By the way I have shorted a big one at 1.3648, closed with my bad 1.3616 already. the mistake was erased.

Now time to see next 2 M30.
  • #96,400
  • May 14, 2009 8:24pm May 14, 2009 8:24pm
seems like the perfect short opportunity here. looking good
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