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Daily Cable Vision

  • #2,461
  • Jul 23, 2009 9:51am Jul 23, 2009 9:51am
Quoting freeasabird
No i don't, i take long @1.6515 SL@+5 pips. Hoping seeing 1.6550.
Hitting SL again at +5pips
  • #2,462
  • Jul 23, 2009 9:52am Jul 23, 2009 9:52am
Quoting freeasabird
No i don't, i take long @1.6515 SL@+5 pips. Hoping seeing 1.6550.
I don't understand why you went long at 1.6515 because either you go long at support of 1.6455ish and target 1.6543 (resistance) or you short at 1.6543 and target 1.6480ish etc etc. Why risk in the middle for 5-10-20 pips if you are not experienced enough.
You've got to be IN IT to WIN IT!
  • #2,463
  • Jul 23, 2009 10:00am Jul 23, 2009 10:00am
Quoting freeasabird
Yes deboo, i know that is too little. But i don't have confidence to trade more large money. Maybe i'm willing to invest more money, if i get more knowledge and skills. What do you think, is it too small ?
ok if i get more knowledge and skills ... how much you will invest
  • #2,464
  • Jul 23, 2009 10:04am Jul 23, 2009 10:04am
Quoting Ifty
I don't understand why you went long at 1.6515 because either you go long at support of 1.6455ish and target 1.6543 (resistance) or you short at 1.6543 and target 1.6480ish etc etc. Why risk in the middle for 5-10-20 pips if you are not experienced enough.
I use MA 13 and MA 5, if it is cross (TF 15 minute), then i enter market at next open candle. With notes, last candle volume (open-close) not mote then 30 pips. Simple and stupid system right ?
About Support/Resitance, at my chart :
R2 :1.6628
M4 : 1.6593
R1 : 1.6559
M3 : 1.6496
Pivot : 1.6434
M2 : 1.6399
.....

Yep, i've a lot of problem here .... Help my identify my brain ifty, pls .... Slap me if you want so i can get my head up.
  • #2,465
  • Jul 23, 2009 10:05am Jul 23, 2009 10:05am
WOW look at the DOW go. Its crossed 9000 for the first time since January. There's something cooking here, careful for shorting here.
You've got to be IN IT to WIN IT!
  • #2,466
  • Jul 23, 2009 10:07am Jul 23, 2009 10:07am
Quoting Ifty
WOW look at the DOW go. Its crossed 9000 for the first time since January. There's something cooking here, careful for shorting here.
Just digging in the trenches like everyone else!
  • #2,467
  • Jul 23, 2009 10:07am Jul 23, 2009 10:07am
Quoting deboooo2005
ok if i get more knowledge and skills ... how much you will invest
For now, i can't get larger than 1.000 USD to invest, because LIVING FROM TRADE FOREX is away from my reach. My capital is not large enough, so i don't think to take more than 1.000 USD deboo....
  • #2,468
  • Jul 23, 2009 10:12am Jul 23, 2009 10:12am
Quoting freeasabird
For now, i can't get larger than 1.000 USD to invest, because LIVING FROM TRADE FOREX is away from my reach. My capital is not large enough, so i don't think to take more than 1.000 USD deboo....
so leave your live account and practice on demo account with 1000 usd equity
  • #2,469
  • Jul 23, 2009 10:15am Jul 23, 2009 10:15am
Quoting Ifty
WOW look at the DOW go. Its crossed 9000 for the first time since January. There's something cooking here, careful for shorting here.
SEE .... these big guys are thinking they can mess with us . OK then most of the time they can.
You've got to be IN IT to WIN IT!
  • #2,470
  • Jul 23, 2009 10:17am Jul 23, 2009 10:17am
Quoting deboooo2005
so leave your live account and practice on demo account with 1000 usd equity
What the reason deboo ? Is it not worthty with 100 USD ? Better I increase my skill first then go to real account with 1000 USD ?
  • #2,471
  • Jul 23, 2009 10:18am Jul 23, 2009 10:18am
DEBOOOO - are you thinking of shorting around the 1.659x region?
You've got to be IN IT to WIN IT!
  • #2,472
  • Jul 23, 2009 10:26am Jul 23, 2009 10:26am
Quoting Ifty
DEBOOOO - are you thinking of shorting around the 1.659x region?

i short @ 1.6585
  • #2,473
  • Jul 23, 2009 10:27am Jul 23, 2009 10:27am
Quoting freeasabird
What the reason deboo ? Is it not worthty with 100 USD ? Better I increase my skill first then go to real account with 1000 USD ?
i said practice on demo account with 1000 usd not real
  • #2,474
  • Jul 23, 2009 10:29am Jul 23, 2009 10:29am
Quoting deboooo2005
i short @ 1.6585
Right behind you bro.
You've got to be IN IT to WIN IT!
  • #2,475
  • Jul 23, 2009 10:36am Jul 23, 2009 10:36am
Quoting Ifty
Right behind you bro.

dont forgot our rule minmize risk
  • #2,476
  • Jul 23, 2009 10:39am Jul 23, 2009 10:39am
Quoting deboooo2005
dont forgot our rule minmize risk
OK bro. I didn't get to 1.6585 but i shorted at 1.6575 and now at BE ...... oh crap i am out. DAM. Never mind lots more opportuntites.
You've got to be IN IT to WIN IT!
  • #2,477
  • Jul 23, 2009 10:39am Jul 23, 2009 10:39am
Quoting deboooo2005
i said practice on demo account with 1000 usd not real
Yes, i understand. I get your point deboo, remind me if wrong :
1. Trade with Demo Account. 1000 USD, because this is i'm willing to put to trade.
2. After days, weeks, months, or later I should get better system, get more confidence. And bottom line, can 1000 USD grow ? If it really can grow, is it worthly to spend my time to take that profit (if too small then leave it).
3. Then after then, i've to look back to overview my Demo Journey.

Is that correct deboo ?

PS : Man .... that's deep ..... Hope can get wishdom like you deboo ...
  • #2,478
  • Jul 23, 2009 10:41am Jul 23, 2009 10:41am
Quoting freeasabird
Yes, i understand. I get your point deboo, remind me if wrong :
1. Trade with Demo Account. 1000 USD, because this is i'm willing to put to trade.
2. After days, weeks, months, or later I should get better system, get more confidence. And bottom line, can 1000 USD grow ? If it really can grow, is it worthly to spend my time to take that profit (if too small then leave it).
3. Then after then, i've to look back to overview my Demo Journey.

Is that correct deboo ?

PS : Man .... that's deep ..... Hope can get wishdom like you deboo...
Makes much more sense than before.
You've got to be IN IT to WIN IT!
  • #2,479
  • Jul 23, 2009 10:47am Jul 23, 2009 10:47am
Does anyone else see the pennant that formed on daily chart. It looks like it's breaking out for a potential run to the upside?
  • #2,480
  • Jul 23, 2009 11:04am Jul 23, 2009 11:04am
i was out for dinner,, and u people left me behind.. ohh.. poor me..
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