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  • #111,101
  • Jun 16, 2009 12:39pm Jun 16, 2009 12:39pm
hi guys... how r u? im a newbie in the forex market. Been here for quite a while. and this is my first post. i hope tat im welcomed here. tq
  • #111,102
  • Jun 16, 2009 12:39pm Jun 16, 2009 12:39pm
Quoting The Fool
Honestly, I don't get it. There are people here who are trading their demo accounts for 3 years and yet they actually believe people want to know how they do that? Even some of the so-called experts here are only trading peanut micro accounts.
Trout, a trader that contributes articles to FF, said that the average trader has a $3,000 - $4,000 account which I found quite surprising. After reading that, it doesn't surprise me anymore why so many traders get wiped out.
Nothing worth having is easy.
  • #111,103
  • Jun 16, 2009 12:40pm Jun 16, 2009 12:40pm
That wasn't only luck on your side Mike, that's knowledge.

On the liquidity thing, I had information of huge selling interest on the 20 level at that time (that's why I imagened a fake bull move and it was almost like that) and had some doughts but as 60LWMA was holding, the probability of that call got on it's favor and as my ICCE and THV chart showed something similar I decided to take the risk with a pending order.

Great call my friend

Quoting acumen
Those pivots are highly respected on the majors.

It's the liquidity thing.

m
  • #111,104
  • Jun 16, 2009 12:40pm Jun 16, 2009 12:40pm
Quoting hearthrobe
hi guys... how r u? im a newbie in the forex market. Been here for quite a while. and this is my first post. i hope tat im welcomed here. tq
yeah u are most welcome...welcome to DEMO account club....and i am the president....lolll
  • #111,105
  • Jun 16, 2009 12:45pm Jun 16, 2009 12:45pm
Quoting Patience
Trout, a trader that contributes articles to FF, said that the average trader has a $3,000 - $4,000 account which I found quite surprising. After reading that, it doesn't surprise me anymore why so many traders get wiped out.
Yup. P.T. Barnum ("There's a sucker born every minute.") is rollin over in his grave - he missed the Forex carny boat.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #111,106
  • Jun 16, 2009 12:50pm Jun 16, 2009 12:50pm
Quoting IMARICH1
Notch,

Where are you looking for a LONG at? 3830 or 3810 area? And can you PM me at some point. Thanks

I'm not sure. Probably 3810 but it depends on the PA. I'd like to have a broken TL etc to act as a trigger.
  • #111,107
  • Jun 16, 2009 12:50pm Jun 16, 2009 12:50pm
Are you the Ali who posts 99.99% crap that AK4X was talking about in an email with me?

Quoting Alihuzaifa
yeah u are most welcome...welcome to DEMO account club....and i am the president....lolll
  • #111,108
  • Jun 16, 2009 12:53pm Jun 16, 2009 12:53pm
hey those who google ect. verify this.. i got this straight from horses mouth.. so please find me a source to verify...

would it help if i said india major oil refinery (reliance i think) has bought all the east coast storage and most of the gulf coast and they are just about full?? as what happend last summer.. and others are trying to fill every tanker they can with oil.. with no place to go.. would it help if thousands of cargo ships are sitting offshore taiwan with out a load and no place to go. kinda shows what happening to chinas exports.. dont forget china lies..
those who can, do. those who cant, talk about those who can
  • #111,109
  • Jun 16, 2009 12:58pm Jun 16, 2009 12:58pm
Quoting cobraforex
Are you the Ali who posts 99.99% crap that AK4X was talking about in an email with me?
dont know if i did it right or not.. did my first trade using your system today on gu.. made 60 pips.. would of made more had a problem with trailing stop.. thank you for the time you guys put into it..
those who can, do. those who cant, talk about those who can
  • #111,110
  • Jun 16, 2009 1:02pm Jun 16, 2009 1:02pm
hmmm oil just turned red..is goldmen reading our crap?
those who can, do. those who cant, talk about those who can
  • #111,111
  • Jun 16, 2009 1:03pm Jun 16, 2009 1:03pm
Gatorlino

So what your pointing out is that everything is heavily correlated to the price of copper....
rat
  • #111,112
  • Jun 16, 2009 1:03pm Jun 16, 2009 1:03pm
We are making lower highs on Daily EU something to think about.
  • #111,113
  • Jun 16, 2009 1:04pm Jun 16, 2009 1:04pm
Copper has shot down too LOL...its very red!!!
rat
  • #111,114
  • Jun 16, 2009 1:06pm Jun 16, 2009 1:06pm
vinesh2

what time frame are you using 1min LOL
rat
  • #111,115
  • Jun 16, 2009 1:07pm Jun 16, 2009 1:07pm
Quoting gatorinla
hmmm oil just turned red..is goldmen reading our crap?
Would you please load some oil shorts to help things along. I can't do it alone.
  • #111,116
  • Jun 16, 2009 1:08pm Jun 16, 2009 1:08pm
Thanks Gator

for any questions or thoughts drop me a PM if you like.

Quoting gatorinla
dont know if i did it right or not.. did my first trade using your system today on gu.. made 60 pips.. would of made more had a problem with trailing stop.. thank you for the time you guys put into it..
  • #111,117
  • Jun 16, 2009 1:13pm Jun 16, 2009 1:13pm
There is a huge difference between auto pivots on the 5 decimal platform and 4 decimal platform....any comments welcome.
  • #111,118
  • Jun 16, 2009 1:14pm Jun 16, 2009 1:14pm
Nice entry Ali hold on to that demo short at 1.391 it will pay off nicely. BTW who ever said i am reading 1min chart obviously does't know how to read charts.
  • #111,119
  • Jun 16, 2009 1:15pm Jun 16, 2009 1:15pm
Some of the best people here are Ak, Cobra, Gator, Jay Walker just to name a few. There are many more...!!!
Warning, lack of trading is dangerous to your survival......
  • #111,120
  • Jun 16, 2009 1:15pm Jun 16, 2009 1:15pm
Quoting rattyo
Gatorlino

So what your pointing out is that everything is heavily correlated to the price of copper....
its a good indicator..overall.. but focus on it being #2... the biggest maker of crap in the world.. they are buying less #2 ...........why???? either their making less crap or waiting for a better price..u.s is buying less.. wall mart dont report monthly anymore.. wallmart = china ... what wallmarts reports is in direct relation with china.. we got a quarter about to end .. we will know in a few weeks if you want to wait..

over all copper is used in building.. less demand means less building worldwide..


india buys brass
u.s. buys #1
china #2..
those who can, do. those who cant, talk about those who can
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