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  • #126,661
  • Edited 7:08pm Jul 29, 2009 7:00pm | Edited 7:08pm
Traders in this thread who are presently bullish...please comment.

TF

Thanks Chicky, this was a serious question and therefore acting on your advise.
  • #126,662
  • Edited 7:05pm Jul 29, 2009 7:04pm | Edited 7:05pm
Quoting TradeForexFx
"Learned" traders in this thread who are presently bullish...please comment.

TF
If you are really looking for an answer, may like to delete first word of your post. Great traders are always very humble and do not count themselves among the "Learned" ones, always.
The Thief of Wall Street
  • #126,663
  • Jul 29, 2009 7:05pm Jul 29, 2009 7:05pm
Quoting Chicky
Tom, I already have started to appreciate you. Yes, this is gambling, but we both think like Bookmakers not Punters.

Fx is perfect market for bookmakers and killer for wild punters.


Let's see which one of us makes his first Billion. I will donate all profit above $500 million, but only 10% if it is below $500 million.

Ps. What a person needs in life - only one house, one truck and one forest full of trees.

Chicky, I guess you are trying to get to your $500, oops, $500M with an initial capital of $2,000?

TF
  • #126,664
  • Edited 7:15pm Jul 29, 2009 7:09pm | Edited 7:15pm
Quoting TradeForexFx
Chicky, I guess you are trying to get to your $500, oops, $500M with an initial capital of $2,000?

TF
Do you believe one can convert $2,000 into $500 million? No way. I have started with $10 and my current balance is $13.

Ps. The bold portion in my earlier post is a common saying in the part of the world Tom is from.
The Thief of Wall Street
  • #126,665
  • Jul 29, 2009 7:12pm Jul 29, 2009 7:12pm
First time posting on this thread...just wanted to say hi. Been trading forex for about two years. Thanks for all the great posts, been helpful and fun reading them.
  • #126,666
  • Jul 29, 2009 7:14pm Jul 29, 2009 7:14pm
Quoting Lejumeau
always make laugh when someone predict price for next week or few days from now... nobody can predict where price will be next 5min..

thank for the laugh
Laugh, its ok... Here's the method I'm using, its experimental.
Attached Image (click to enlarge)
Click to Enlarge Name: eurocircles3.png Size: 474 KB
  • #126,667
  • Jul 29, 2009 7:17pm Jul 29, 2009 7:17pm
Quoting stevefx
Laugh, its ok... Here's the method I'm using, its experimental.
Steve, could you kindly identify the location of Queen Bee?
The Thief of Wall Street
  • #126,668
  • Jul 29, 2009 7:17pm Jul 29, 2009 7:17pm
Quoting stevefx
Laugh, its ok... Here's the method I'm using, its experimental.
hate to rain on ur analysis but ur trendlines are technically not correct, i believe that you are simply curve-fitting them in order to indulge YOUR perspective of how the market moved.when u draw trendlines u MUST include the very end of the wicks. this is just a friendly advice dont take it as bashing
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #126,669
  • Jul 29, 2009 7:18pm Jul 29, 2009 7:18pm
Quoting acumen
How many pairs do you trade?

m
i used to look at weekly trends on a bigger chart then find a daily counter the weekly.. id wait for the daily to break trend into the direction of the weekly trend. are just put a entry at opposite trend side s3 or r3 in the direction of the main trend .. so i would trade many pairs and just let them run. maybe 6/7 at one time... last 6 months less and less pairs but any major u.s. cross.. the last month just eu gu and hedge chf against eu. im concentrating on eu now. actually taken the time to study its moves.. my charts are boring.. just horizons mostly.. i got longer shorts running but doing much better scalping off the numbers...
those who can, do. those who cant, talk about those who can
  • #126,670
  • Jul 29, 2009 7:20pm Jul 29, 2009 7:20pm
Quoting ssaqeel
Hi
Gator

how r u doing i mean with respect to Trading,,

Good Luck dude
ok
those who can, do. those who cant, talk about those who can
  • #126,671
  • Jul 29, 2009 7:26pm Jul 29, 2009 7:26pm
entry at 60 short
those who can, do. those who cant, talk about those who can
  • #126,672
  • Jul 29, 2009 7:26pm Jul 29, 2009 7:26pm
Quoting djambazov84
hate to rain on ur analysis but ur trendlines are technically not correct, i believe that you are simply curve-fitting them in order to indulge YOUR perspective of how the market moved.when u draw trendlines u MUST include the very end of the wicks. this is just a friendly advice dont take it as bashing
No problem, thanks for the constructive criticism. I wasn't trying to show anything with the white lines, except to point out how the price median remains loyal to the intersection points of the various circles.
  • #126,673
  • Jul 29, 2009 7:28pm Jul 29, 2009 7:28pm
Quoting Chicky
Steve, could you kindly identify the location of Queen Bee?
Haha Chicky, I'm working on that. You think this is weird? Wait til you see what the Daily and Weekly TF's are starting to look like..
  • #126,674
  • Jul 29, 2009 7:29pm Jul 29, 2009 7:29pm
Quoting gatorinla
entry at 60 short
LONG life EURO you'll see soon as I promised before
ROBOT FOREX
  • #126,675
  • Jul 29, 2009 7:31pm Jul 29, 2009 7:31pm
volume says the whole story
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 138 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #126,676
  • Jul 29, 2009 7:32pm Jul 29, 2009 7:32pm
Quoting The Fool
I am long a position around .4010. Not a big position but could be good for a hefty run back up. I think today we saw a risk averse move to the same old safe haven USD in reaction to the rumor of Chinese banks cutting back on their aggressive lending program. The same news pulled down commodities & stock indices across the board. Asian session will tell what may come and whether this was a "buy the rumor, sell the news" scenario.
I am still long & gettin longer, about 40 pips up & holdin out for 100.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #126,677
  • Jul 29, 2009 7:36pm Jul 29, 2009 7:36pm
Quoting djambazov84
volume says the whole story
Right. Can you translate?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #126,678
  • Jul 29, 2009 7:37pm Jul 29, 2009 7:37pm
I caught the 1.4010-1.4060 ride.
Now I'll follow Gator: short @ 1.4052
We will never forget you Karlo
  • #126,679
  • Jul 29, 2009 7:38pm Jul 29, 2009 7:38pm
Quoting gatorinla
entry at 60 short
I am new to forex and thus need a little clarification.

When you say "at 60 short" do you mean as soon as it touches 60 or it must close above 60? If it must close above 60, on what time frame?

Thanks.
  • #126,680
  • Jul 29, 2009 7:40pm Jul 29, 2009 7:40pm
Quoting djambazov84
volume says the whole story

Please enlighten me on how to read this book.
Designer by day Trader by night.
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