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  • #109,821
  • Jun 12, 2009 9:33am Jun 12, 2009 9:33am
Quoting Atlast
Gosh, how many H&S do you guys want in a week.
hey...didnt trade for past few hours...what do you say about the future....time to go short again?
  • #109,822
  • Jun 12, 2009 9:34am Jun 12, 2009 9:34am
Quoting TheFisherman
You should read the hole story. Fastest account wipe in FX history. The man kept crying to get help, the guys kept telling him to close position. In the end, nobody helped him.
hehehe it means i missed a lots of fun...lolll

i donno how any one can help on internet if some body is not ready to close losing position.
  • #109,823
  • Jun 12, 2009 9:38am Jun 12, 2009 9:38am
Quoting Maxsmart
Thanks Ody
Yes, great analysis and the reasons behind the market movements.
  • #109,824
  • Jun 12, 2009 9:39am Jun 12, 2009 9:39am
Quoting psiholog
That last chart Toshi posted got me thinking...if you remove that highest candlestick it almost looks like a double top or M on the hourly charts. This M would have a neckline of 1.3945....Interesting

Different opinions highly valued, ignorant to slander.
  • #109,825
  • Jun 12, 2009 9:40am Jun 12, 2009 9:40am
Quoting trading801
earlier on there was a guy who was asking and asking about will it go back to 1.41 he longed from there..hope he survived

YES ITS Carcour76

you guys talking about him? he got a margin call???



he asked about long and then short etc didnt know what he wanted.. sad
  • #109,826
  • Jun 12, 2009 9:40am Jun 12, 2009 9:40am
Quoting gatorinla
repost..may have missed the boat.but there is lots of time.. be nimble. im unloading the boat on the bottoms and reloading peeks..

S/r 4089 4060 4033 3999 each close below 3831 is more bearish and comfirms move shorter term move...watch this how we act on this pullback to around 3999.. look for a bounce lower..be careful.. this move has been in the making years... a couple of hundred pips is a snack..not for the meek.. closes below 3793 area are safer..
On the money.

I've had a pending short at exactly 1.4198 since June 5. Deleted it this morning. Don't think its in thecards at the moment.
  • #109,827
  • Jun 12, 2009 9:44am Jun 12, 2009 9:44am
Quoting prav
hey...didnt trade for past few hours...what do you say about the future....time to go short again?
Already posted to the pip when to go long and to favour longs. I am not shorting the market from here. My longs are running on the northbound. At least another 47pips.
  • #109,828
  • Jun 12, 2009 9:51am Jun 12, 2009 9:51am
Quoting trading801
YES ITS Carcour76

you guys talking about him? he got a margin call???



he asked about long and then short etc didnt know what he wanted.. sad
He did. Let there be a lesson for everybody reading this thread. When he was -1000$ many people told him to close the position. He still had 1000$ left in the account then. He did not listen to what people told him. He had a black screen on his brain. The -1000$ were too much for him (don't even understand why he opened a full lot on a $2000 account..). He hoped the price will change in his favor ignoring everybody as they were telling him to close out. He though that "help" meant probably some magic trick that guys here were able to do to turn the price. Well there's no magic trick except:

CUT YOUR LOSSES EARLY

If he'd accepted the loss he would still have $1000, enough money to make back the 2000$ in two months or so... (don't know other trading styles but I don't believe in more than 40%-50% a month. Now he has nothing. Let there be a lesson for everybody.
  • #109,829
  • Jun 12, 2009 9:52am Jun 12, 2009 9:52am
chart is self explanatory

Attached Image (click to enlarge)
Click to Enlarge Name: current.gif Size: 24 KB
Different opinions highly valued, ignorant to slander.
  • #109,830
  • Jun 12, 2009 9:55am Jun 12, 2009 9:55am
Quoting bablo
On the money.

I've had a pending short at exactly 1.4198 since June 5. Deleted it this morning. Don't think its in thecards at the moment.
we have already hit it last week..we retested yesterday.. you and i could go broke playing between 2793 and last weeks high...thats why i shorted at the tops.. sl can be tighter..its better to wait for comfirmation..
those who can, do. those who cant, talk about those who can
  • #109,831
  • Jun 12, 2009 10:01am Jun 12, 2009 10:01am
I have this file on my desktop and before EVERY trading day I open it and read it.

[EDIT] And this being said, I'm done for the week. +11.1%. Off to beer and week-end. Happy pipping all and a good week-end.
Attached File(s)
File Type: txt 6 reasons why traders lose money.txt   < 1 KB | 415 downloads
  • #109,832
  • Jun 12, 2009 10:03am Jun 12, 2009 10:03am
Quoting Carcour76
iam new trader any one see up trend or it fail no more up
Post number 1 of Carcour's Epic Fail - soon to be immortalized in a made for YouTube documentary: "Why FOREX Trading should be Regulated"

Anyone suspect that this guy may be a TROLL???

It's a great read anyway
If someone's trolling he/she did a great job!
Mine?
  • #109,833
  • Jun 12, 2009 10:05am Jun 12, 2009 10:05am
Quoting Bilyb
Post number 1 of Carcour's Epic Fail - soon to be immortalized in a made for YouTube documentary: "Why FOREX Trading should be Regulated"

Anyone suspect that this guy may be a TROLL???

It's a great read anyway
If someone's trolling he/she did a great job!
And how can regulation can keep people like carcour from losing the account in a matter of hours?
  • #109,834
  • Edited 10:17am Jun 12, 2009 10:07am | Edited 10:17am
I have been watching you post numbers and watching your analysis. It is good. I mainly watch, read and apply when possible. I have been trained by too many traders and have a good understanding of Forex...but have failed more than succeed...I believe my problem is money management as oppossed to Tech trading....Anyways, could you explain how your numbers work that you post.....are they numbers to target for a break or a bounce off of them and then if so, do the other numbers become targets?.....

For example, this 1.3999.....are we looking for a return and bounce off that number to go SHORT....and it Breeches it my a few pips to go NORTH?......Just trying to understand.......

I have missed these nice SHORT plays 5 times by getting stopped out at B/E every time....I refuse to CHASE it as I ALWAYS LOSE WHEN I CHASE IT.......

I have truley enjoyed AK4X, ALG, NOTCH, GATORINLA, BORED TO LOOSE, ATLAST, FOREX ATM AND VINESH2 in no certain order.....You guys seem to really know your Forex...and if I left someone out....I am sorry.....I respect those who are honest about their trades and truely know what they are talking about rather than others who want to think they know what they are talking about....I have traded for 6 years and KNOW alot about Forex and trading.....but not enough to CALL anything.....
  • #109,835
  • Jun 12, 2009 10:13am Jun 12, 2009 10:13am
Quoting IMARICH1
I have been watching you post numbers and watching your analysis. It is good. I mainly watch, read and apply when possible. I have been trained by too many traders and have a good understanding of Forex...but have failed more than succeed...I believe my problem is money management as oppossed to Tech trading....Anyways, could you explain how your numbers work that you post.....are they numbers to target for a break or a bounce off of them and then if so, do the other numbers become targets?.....

For example, this 1.3999.....are we looking for...
i would like to know this as well
  • #109,836
  • Jun 12, 2009 10:16am Jun 12, 2009 10:16am
Where is the market heading? i still feel bearish overall...
  • #109,837
  • Jun 12, 2009 10:18am Jun 12, 2009 10:18am
Quoting prav
Where is the market heading? i still feel bearish overall...
So do I. It's flirting with the 100 SMA. I'm waiting to see if will bounce downwards from here.
  • #109,838
  • Jun 12, 2009 10:19am Jun 12, 2009 10:19am
Quoting primasoldi
So do I. It's flirting with the 100 SMA. I'm waiting to see if will bounce downwards from here.
any open positions?
  • #109,839
  • Jun 12, 2009 10:21am Jun 12, 2009 10:21am
Quoting psiholog
chart is self explanatory
Psi, how's it going mate.

Have a good weekend.
Attached Image (click to enlarge)
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Thank You
  • #109,840
  • Jun 12, 2009 10:21am Jun 12, 2009 10:21am
Quoting prav
any open positions?
Not at the moment. But I'm looking to short if it bounces decently.
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