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Why did you start trading and what do you expect from it? 19 replies

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Trade what you see NOT what you expect

  • #13,001
  • May 21, 2009 10:24am May 21, 2009 10:24am
Quoting riggster
Cheers Again everyone, getting these little details wrapped up is important for me i think.

My PA also needs a lot more work.

Yes my friend it is a lot to take in but that is where the ma's help all so as it approaches those . You can start looking for anything that might help in your decision. Or just enter the trade at the touch off the ma's and have a tight stop if you look back the success rate of doing just that is pretty high. But with a little diligence we can filter out most of the bad trades.

Stick with it you have had some good trades lately..
Good Trading To All ; Ken Lee
  • #13,002
  • May 21, 2009 10:27am May 21, 2009 10:27am
Quoting PippiNole
I haven't seen Cisco or EO lately. Maybe they are hanging out with Crown and Bob and didn't invite us.
That means we have alot of catching up to do.....

HOLLA
  • #13,003
  • May 21, 2009 10:27am May 21, 2009 10:27am
Quoting Komissar
Are you going to short it if it reaches above 130.55?
I would like to see it go back to the top of the range but PA will dictate the way.
  • #13,004
  • May 21, 2009 10:34am May 21, 2009 10:34am
Quoting PippiNole
I would like to see it go back to the top of the range but PA will dictate the way.

I took a quicky off the 200 sma.

Darn the retest of the 35 was the real trade..
Good Trading To All ; Ken Lee
  • #13,005
  • May 21, 2009 10:38am May 21, 2009 10:38am
Quoting KENNETH lEE
I took a quicky off the 200 sma.
I added on at the 35.
  • #13,006
  • May 21, 2009 10:39am May 21, 2009 10:39am
131.00 may be tough to crack.
  • #13,007
  • May 21, 2009 10:40am May 21, 2009 10:40am
Quoting PippiNole
I added on at the 35.

Way to go !!!!! I took profit there and now I am sucking wind..
Good Trading To All ; Ken Lee
  • #13,008
  • May 21, 2009 10:41am May 21, 2009 10:41am
Took some profit at 131.00.
  • #13,009
  • May 21, 2009 10:42am May 21, 2009 10:42am
UK Faces Very Real Risk of Losing AAA - from CNBC

Just something to keep in the back of your mind.

http://www.cnbc.com/id/30862313

HOLLA
  • #13,010
  • May 21, 2009 10:49am May 21, 2009 10:49am
Quoting PippiNole
Took some profit at 131.00.

You know I really don't like you.... Way to go.. I took a little scalp from the top.. Now I will wait for a proper signal..
Attached Image
Good Trading To All ; Ken Lee
  • #13,011
  • May 21, 2009 10:51am May 21, 2009 10:51am
Quoting KENNETH lEE
You know I really don't like you.... Way to go.. I took a little scalp from the top.. Now I will wait for a proper signal..
  • #13,012
  • May 21, 2009 10:52am May 21, 2009 10:52am
Quoting PippiNole
Took some profit at 131.00.
PippiNole....YOU DA MAN!!!!!

HOLLA
  • #13,013
  • May 21, 2009 11:00am May 21, 2009 11:00am
Quoting Turtle
PippiNole....YOU DA MAN!!!!!

HOLLA
Thanks but not really. I have learned a lot from most everyone on this thread and I'm just applying what some great people have taught me. Those people are DA MAN!!!
  • #13,014
  • May 21, 2009 11:10am May 21, 2009 11:10am
Quoting Turtle
UK Faces Very Real Risk of Losing AAA - from CNBC

Just something to keep in the back of your mind.

http://www.cnbc.com/id/30862313

HOLLA
Been thinking about this most of the day. That news is an absolute disaster for the UK and the pound, particularly when you combine it with S&P's view that by 2013 there is a chance debt will be 100% of GDP. Losing the AAA status will mean that it will become more expensive for the UK to borrow, as lenders seek a higher return for the perceived increased risk they are taking. I think this particular story will come back to revisit us in the coming months.
  • #13,015
  • May 21, 2009 11:16am May 21, 2009 11:16am
Took my last soldier off of GU at 5790. That was a nice run.
  • #13,016
  • May 21, 2009 11:19am May 21, 2009 11:19am
Quoting daffy
Been thinking about this most of the day. That news is an absolute disaster for the UK and the pound, particularly when you combine it with S&P's view that by 2013 there is a chance debt will be 100% of GDP. Losing the AAA status will mean that it will become more expensive for the UK to borrow, as lenders seek a higher return for the perceived increased risk they are taking. I think this particular story will come back to revisit us in the coming months.
It sure will, that is why I made some notes:

a) Gilt auctions

b) Possible runs of the pound = Soros

c) Monthly Public Finance Data.....if it's worse than expected.

Lunch time folks...will catch ya later.

HOLLA
  • #13,017
  • May 21, 2009 11:37am May 21, 2009 11:37am
Quoting PippiNole
Took my last soldier off of GU at 5790. That was a nice run.
Your going to break your personal best at this rate.. Be time for a Bahama Party..

I have tried a short a couple of times on E/j Lucklly haven't lost any keep snatching a few. Think I hear the lunch whistle..
http://blog.mlive.com/grpress/2008/0...eamwhistle.jpg
Good Trading To All ; Ken Lee
  • #13,018
  • May 21, 2009 11:43am May 21, 2009 11:43am
Took another one off at 131.40. Looks like I was a little premature on GU though.
  • #13,019
  • May 21, 2009 11:48am May 21, 2009 11:48am
next stop 1.60...... im in long for it, got level at 15920 b4 that

1.40... next stop for euro??
Trading is 80% Emotional, 20% Technical
  • #13,020
  • May 21, 2009 11:51am May 21, 2009 11:51am
Quoting fx local
next stop 1.60...... im in long for it

1.40... next stop for euro??
check this mofo out...
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