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EURUSD

  • #105,661
  • Jun 4, 2009 1:32am Jun 4, 2009 1:32am
Quoting Alihuzaifa
why is that fuc*ing spike?
How is that a f@#king spike?

Here's a mountain

http://i172.photobucket.com/albums/w.../molehill2.jpg

And to make it complete, here's a volcano.

http://www.dollysmixtures.com/watchl...ch-lighter.jpg
Not all sins are created equal
  • #105,662
  • Jun 4, 2009 1:33am Jun 4, 2009 1:33am
Quoting KillerWhale
I have pivot @ 1.4205, S1 @ 1.4071 and R1 @ 1.4301
Based on NY midnight daily
Mine PP 1.4199, S1: 1.4059, R1: 1.4288
from midnight UK time.
  • #105,663
  • Jun 4, 2009 1:33am Jun 4, 2009 1:33am
Quoting Jay Walker
Cut the bullshit. It's getting old.

I already spend way more time here than I should and have a much lower daily average of posts than you do.

My question was serious. Between posting and trading, which do you do more?
There are a lot of people here lately that do a huge amount of posting in stead of trading.
It's becoming impossible to read everything., Even to scan everything.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #105,664
  • Jun 4, 2009 1:35am Jun 4, 2009 1:35am
I have gone short here... if it gets taken out, I will try around 1.4242...
  • #105,665
  • Jun 4, 2009 1:35am Jun 4, 2009 1:35am
Quoting KillerWhale
There are a lot of people here lately that do a huge amount of posting in stead of trading.
It's becoming impossible to read everything., Even to scan everything.
Some people either don't trade or have an agenda.

Not a good thing
Not all sins are created equal
  • #105,666
  • Jun 4, 2009 1:37am Jun 4, 2009 1:37am
Quoting Jay Walker
Some people either don't trade or have an agenda.

Not a good thing

Do you mean a commercial agenda?
  • #105,667
  • Jun 4, 2009 1:38am Jun 4, 2009 1:38am
Quoting KillerWhale
There are a lot of people here lately that do a huge amount of posting in stead of trading.
It's becoming impossible to read everything., Even to scan everything.
Use ignore.
  • #105,668
  • Jun 4, 2009 1:38am Jun 4, 2009 1:38am
Quoting Jay Walker
How is that a f@#king spike?

Here's a mountain

http://i172.photobucket.com/albums/w.../molehill2.jpg

And to make it complete, here's a volcano.

http://www.dollysmixtures.com/watchl...ch-lighter.jpg
Haha. That remind me of my brother's watch which he bought from flea market. Only able to 'light' up for a day though. Lol.
  • #105,669
  • Jun 4, 2009 1:39am Jun 4, 2009 1:39am
Quoting notch
Do you mean a commercial agenda?
Yes I do.

But don't worry, I wasn't pointing the finger at you with this comment. But I do believe that you spend more time posting than you do trading.
Not all sins are created equal
  • #105,670
  • Jun 4, 2009 1:39am Jun 4, 2009 1:39am
Quoting c2v4l
Haha. That remind me of my brother's watch which he bought from flea market. Only able to 'light' up for a day though. Lol.
Get with the program, that ain't a watch, it's a volcano.
Not all sins are created equal
  • #105,671
  • Jun 4, 2009 1:41am Jun 4, 2009 1:41am
Atlast,

what indicator in NinjaTrader do you use to plot the volume?

Cheers
  • #105,672
  • Jun 4, 2009 1:41am Jun 4, 2009 1:41am
I wouldnt consider short EUR just yet. Its been to strong these days. As for today I am either long or sideways ,more probably the second as there are a lot of events today.
You wont survive without preserving!!!
  • #105,673
  • Jun 4, 2009 1:41am Jun 4, 2009 1:41am
Hi everyone..I have renewed interest in forex and I hope this thread could help me make good decisions with my trading. I have been reading all of your comments and find it to be very helpful. I have three accounts blown in my face in the past and almost give up, and I hope I can make something out of this new account. I hope you all can help me. Thank you in advance..
  • #105,674
  • Jun 4, 2009 1:46am Jun 4, 2009 1:46am
Quoting fxcritic
Hi everyone..I have renewed interest in forex and I hope this thread could help me make good decisions with my trading. I have been reading all of your comments and find it to be very helpful. I have three accounts blown in my face in the past and almost give up, and I hope I can make something out of this new account. I hope you all can help me. Thank you in advance..
What is the first rule of good money management? If you know this then continue. If you dont know... then demo trade.
  • #105,675
  • Jun 4, 2009 1:47am Jun 4, 2009 1:47am
Quoting fxcritic
Hi everyone..I have renewed interest in forex and I hope this thread could help me make good decisions with my trading. I have been reading all of your comments and find it to be very helpful. I have three accounts blown in my face in the past and almost give up, and I hope I can make something out of this new account. I hope you all can help me. Thank you in advance..
Like the nick. I think you will find it helpful, if you don't get drawn into a lot of the useless antagonism that is prevalent here at times. I think you'll also find it a fun forum too to lighten the trading day.
Hope you make your new account grow. And stick to that SL.
  • #105,676
  • Jun 4, 2009 1:49am Jun 4, 2009 1:49am
Quoting fxcritic
Hi everyone..I have renewed interest in forex and I hope this thread could help me make good decisions with my trading. I have been reading all of your comments and find it to be very helpful. I have three accounts blown in my face in the past and almost give up, and I hope I can make something out of this new account. I hope you all can help me. Thank you in advance..
More importantly, what did you learn from blowing up 3 accounts?

Risk management is key to long term survival, and in early stages of trading gives you enough time to develop your own system.......your own system
  • #105,677
  • Jun 4, 2009 1:49am Jun 4, 2009 1:49am
lol i tot those with comerical agendas get banned at first sight !
  • #105,678
  • Jun 4, 2009 1:49am Jun 4, 2009 1:49am
Market has just hit the top of an upward sloping channel I have in lower TF.
Scalping this down with tight SL.
  • #105,679
  • Edited 1:54am Jun 4, 2009 1:50am | Edited 1:54am
Quoting Jay Walker
Yes I do.

But don't worry, I wasn't pointing the finger at you with this comment. But I do believe that you spend more time posting than you do trading.

I'll be completely honest. If I wasn't posting and just waiting for a setup I'd be competely bored out of my head. I can understand why pure technical traders are constantly monitoring their charts but - as you know - I'm not a pure technical trader. I'm long the EU and I'll just sit here for who knows how long waiting for an exit signal.

Chicky mentioned Banks etc, I have actually presented my systems to a Finance House. That got as far as their Corporate Finance department before I lost my nerve over the fear of losing IP. I imagine that peddling products and systems to traders is such hard work...definitely not for me.
  • #105,680
  • Jun 4, 2009 1:50am Jun 4, 2009 1:50am
Quoting fxcritic
Hi everyone..I have renewed interest in forex and I hope this thread could help me make good decisions with my trading. I have been reading all of your comments and find it to be very helpful. I have three accounts blown in my face in the past and almost give up, and I hope I can make something out of this new account. I hope you all can help me. Thank you in advance..
If you take no more risk than 1% risk per trade, then it takes a really long time to have an account blown in your face.
Take this, if you open a long and a short right before London starts, both with a 40 pip s/l and a 100 pip profit, you could lose 7 times out of 10 and still come out as a winner.
New voice message: Why are you calling me? If I need you, I'll call you!
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