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  • #115,641
  • Jun 26, 2009 12:33pm Jun 26, 2009 12:33pm
Quoting dvdsurplus
5 minute traders must be enjoying today...

Everybody have a positive balance?
That channel appears to be broken now.
  • #115,642
  • Jun 26, 2009 12:34pm Jun 26, 2009 12:34pm
Does anyone believe 4137 can be hit today?...If you look at a 5min channel...it appears very likely.....then a Short...perhaps most people have left and will miss the move...just my opinion...
  • #115,643
  • Jun 26, 2009 12:36pm Jun 26, 2009 12:36pm
Quoting IMARICH1
I'm looking at a long for at least a re-test of the high....any nay-sayers?
Didn't you take the short I gave you. +30 pips. I'm out now.
  • #115,644
  • Jun 26, 2009 12:36pm Jun 26, 2009 12:36pm
Quoting IMARICH1
I'm looking at a long for at least a re-test of the high....any nay-sayers?
Hold your horses... GPB/USD is failing 1.66000 handle.
  • #115,645
  • Jun 26, 2009 12:38pm Jun 26, 2009 12:38pm
Atlast...yes I took it for 12 pips...i exited when it stalled at 4093...I was a chicken...thanks....
  • #115,646
  • Jun 26, 2009 12:39pm Jun 26, 2009 12:39pm
Quoting IMARICH1
I'm looking at a long for at least a re-test of the high....any nay-sayers?
Just before I said that shorts for 25 pips were good at 4100 then it spiked to 4110 but then did sell off to 4075. I don't think your in trouble with a long at 4100 but I wouldn't expect a profit out of it today. Sunday/Monday is the big rally IMO.
  • #115,647
  • Jun 26, 2009 12:40pm Jun 26, 2009 12:40pm
Quoting ak4x
Two dozen of the more profound words among the many hundreds of thousands on this thread since it was started...

Sounds like a few recent arrivals here still looking for some firm ground under their feet might find it useful.
decent folk just been hit with the patronizing stick.
TRADE FOR SWAP
  • #115,648
  • Jun 26, 2009 12:41pm Jun 26, 2009 12:41pm
Quoting ak4x
Two dozen of the more profound words among the many hundreds of thousands on this thread since it was started...

Sounds like a few recent arrivals here still looking for some firm ground under their feet might find it useful.
not me.. having a great day!!!!!!!!!!!!!!!!!!!!!!!!!!! got 250 locked on gu on longer trade.. ca on eu 4071... but scalped the gu long many times up and down... as a hedge on eu... if eu goes up the worst i do is be..but i kept getting boat loads of pips.. so i had to dump em... over and over and over.. then repeat..check out hr chart on gu.. last few weeks... i love the smell of pips in the morning..
those who can, do. those who cant, talk about those who can
  • #115,649
  • Jun 26, 2009 12:42pm Jun 26, 2009 12:42pm
Quoting stevefx
Just before I said that shorts for 25 pips were good at 4100 then it spiked to 4110 but then did sell off to 4075. I don't think your in trouble with a long at 4100 but I wouldn't expect a profit out of it today. Sunday/Monday is the big rally IMO.
NZD is the only impact news for the day.. Monday is always dry.

Ever seen Australian open on a Monday?
  • #115,650
  • Jun 26, 2009 12:43pm Jun 26, 2009 12:43pm
Quoting IMARICH1
One last shot at it...SHORT or no.........
Imarich1, you have been here for 3 years already. Have more confidence in yourself...
  • #115,651
  • Jun 26, 2009 12:46pm Jun 26, 2009 12:46pm
Quoting pippenn
Do you start on Sunday? I would eventually like to only trade 4 days out of the week and add 1 more only in the event that my weekly goal has not been met. I am generally pretty mentally drained with trading and everything else in life by FRIDAY! LOL
Sunday? You mean Monday morning Asia session? No I almost never. Oanda spread during the start of a new week is horribly wide. I usually start on the Europe session. I try not to trade on Fri but sometime the hand a bit itchy...
  • #115,652
  • Jun 26, 2009 12:48pm Jun 26, 2009 12:48pm
Quoting dvdsurplus
NZD is the only impact news for the day.. Monday is always dry.

Ever seen Australian open on a Monday?
When I say big rally I only mean 65 pips.
  • #115,653
  • Jun 26, 2009 12:49pm Jun 26, 2009 12:49pm
Here is the deal....I appreciate your vote of confidence...but I have learned too many systems...and as we speak i am going to try and learn THV this weekend.....I was trained by a professional trader to trade using Guppy and he showed me how the traders use fibs...and how to project price using the MA on a 15 min chart...AHHHHH.....I know all this but I am NOT successful......I lose and lose and lose!!!

Notch and Atlast have a method that works for the most part and I have confidence in them which is why I like to know what they are doing as it is usually RIGHT!

I am just trying to build back a destroyed and depleated account....I have been here before....and before....the situations just change.....I honestly believe at times the deck is stacked against me.....

But thanks for the SUPPORT!!!!
  • #115,654
  • Jun 26, 2009 12:49pm Jun 26, 2009 12:49pm
You decide... just pointing out the technical lol

Why don't people ever post their charts? Graphics are better than words.
Attached Image (click to enlarge)
Click to Enlarge Name: GPBUSD OPPOR.jpg Size: 66 KB
  • #115,655
  • Jun 26, 2009 12:50pm Jun 26, 2009 12:50pm
woops.. never cropped - it's number 3 (GPB/USD 60 MIN)
  • #115,656
  • Jun 26, 2009 12:51pm Jun 26, 2009 12:51pm
Bernanke speaking in 10 mins. Anyone expect markets to react heavily?

Don't think I'll trade until after this news. If we have another test up I might take a short at this daily UTL (same for GU, could be another test of 1.66).
  • #115,657
  • Jun 26, 2009 12:53pm Jun 26, 2009 12:53pm
Quoting IMARICH1

I honestly believe at times the deck is stacked against me.....
Self doubt is first stage of human subconsciousness. I think once you get out of this mindset you will become profitable again, you're stacked against yourself at the moment. Chin up, you'll get through..
  • #115,658
  • Jun 26, 2009 12:56pm Jun 26, 2009 12:56pm
I know the day hasn't closed yet but I can't see it significantly changing the outlook of this chart.

Attached Image (click to enlarge)
Click to Enlarge Name: USDX Daily-26June.JPG Size: 122 KB
Nothing worth having is easy.
  • #115,659
  • Jun 26, 2009 12:57pm Jun 26, 2009 12:57pm
Quoting Patience
I know the day hasn't closed yet but I can't see it significantly changing the outlook of this chart.

Attachment
Good post.
  • #115,660
  • Jun 26, 2009 12:57pm Jun 26, 2009 12:57pm
I love moves like this, non event driven, pure greed and fear. A few shorts got away from me but I have my 4h fibs + trendline to back me up so I loaded up there and cleaned up. No way was it going to get past that resistance confluence without handing me a few pips first.
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