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  • #131,921
  • Aug 16, 2009 9:14pm Aug 16, 2009 9:14pm
R1 Holds for now.

Took a few scalps but it was risky.

I mentioned last week this pair would probably head south so taking positions against a new break out ain't the smartest move.

I... like Gator... need to see a lot more red to get excited.

Mike
Attached Image (click to enlarge)
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  • #131,922
  • Aug 16, 2009 9:14pm Aug 16, 2009 9:14pm
Quoting Chicky
70% is good enough. I don't eat too much, just 1/2 to 1% of my body weight .

Thanks buddy. I don't want to bother you with this silly question "what is a gap and how to spot one?". I am serious, I don't know the answer to this one.
some are esier to spot then others #21
those who can, do. those who cant, talk about those who can
  • #131,923
  • Aug 16, 2009 9:15pm Aug 16, 2009 9:15pm
It may still break, still hovering over 1.4150. Weak bulls as well.
  • #131,924
  • Aug 16, 2009 9:15pm Aug 16, 2009 9:15pm
Quoting siobi
breaking failed...

EUR rising ...
USDx now :78.95
EUR: 1.4161
not just this minute--hehe I hope /don't matter I'm gonna make a few pips even if it does drop
  • #131,925
  • Aug 16, 2009 9:18pm Aug 16, 2009 9:18pm
Quoting knuckledrag
You can get all the the red a$$ed with me you want. I can't go back that far but 1283 posts back you welcomed me.

We may now be looking at your turn to the pivot. We should know in the next hour.

Later M, you really have been a help
I must have liked something you posted.

I don't welcome a lot of people.

Most I just say... thanks for your patronage.

  • #131,926
  • Aug 16, 2009 9:20pm Aug 16, 2009 9:20pm
Quoting gatorinla
some are esier to spot then others #21
An easy buy for me.

The bad news is always... how much did you say?

I just want to rent it.

m
  • #131,927
  • Aug 16, 2009 9:22pm Aug 16, 2009 9:22pm
Quoting acumen
An easy buy for me.

The bad news is always... how much did you say?

I just want to rent it.

m
see fibwork
  • #131,928
  • Aug 16, 2009 9:23pm Aug 16, 2009 9:23pm
Quoting Chicky
70% is good enough. I don't eat too much, just 1/2 to 1% of my body weight .

Thanks buddy. I don't want to bother you with this silly question "what is a gap and how to spot one?". I am serious, I don't know the answer to this one.
I'm only talking about opening gaps.

Look at today's start... headed south from the sound of the gun.

When that happens it creates a 'gap' in the pair.

This pair will close that gap a high percentage of the time.

I don't the real percentage... but it's better than my hit rate.

Mike
  • #131,929
  • Aug 16, 2009 9:25pm Aug 16, 2009 9:25pm
GATO or anyonelse

Where can i find the study material to learn fibo numbers and to understand them ,any indicators will be helpful.

Thanks
  • #131,930
  • Aug 16, 2009 9:26pm Aug 16, 2009 9:26pm
I'm just curious, how many lots dou u guys use with this type of price action?...I use 20-50% margin all the time for slow Asian session like today but only 10-20% for europe and us session later.
  • #131,931
  • Aug 16, 2009 9:28pm Aug 16, 2009 9:28pm
Quoting ssaqeel
GATO or anyonelse

Where can i find the study material to learn fibo numbers and to understand them ,any indicators will be helpful.

Thanks
u can google them. try find wikipedia. they are all there to read and study.
  • #131,932
  • Aug 16, 2009 9:29pm Aug 16, 2009 9:29pm
Quoting ssaqeel
GATO or anyonelse

Where can i find the study material to learn fibo numbers and to understand them ,any indicators will be helpful.

Thanks
Google away or look at youtube/I'm sure theres boatloads of info about fibs on there
  • #131,933
  • Aug 16, 2009 9:30pm Aug 16, 2009 9:30pm
Quoting essenza
I'm just curious, how many lots dou u guys use with this type of price action?...I use 20-50% margin all the time for slow Asian session like today but only 10-20% for europe and us session later.
If you go by money management/greed kills
  • #131,934
  • Aug 16, 2009 9:30pm Aug 16, 2009 9:30pm
Thanks Guys.
  • #131,935
  • Edited 9:32pm Aug 16, 2009 9:31pm | Edited 9:32pm
. I'll wait for a good short or long again
  • #131,936
  • Aug 16, 2009 9:31pm Aug 16, 2009 9:31pm
50SMA @ D1 and 200SMA @ H4
(Also the lower part of Uptrending Channel).

Any comment?
Attached Image(s) (click to enlarge)
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  • #131,937
  • Aug 16, 2009 9:33pm Aug 16, 2009 9:33pm
Quoting ssaqeel
Thanks Guys.
most traders don't risk more than 2 % on any trade
  • #131,938
  • Aug 16, 2009 9:37pm Aug 16, 2009 9:37pm
Quoting ssaqeel
GATO or anyonelse

Where can i find the study material to learn fibo numbers and to understand them ,any indicators will be helpful.

Thanks
babypips.com
learningmarkets.com

m
  • #131,939
  • Edited 9:42pm Aug 16, 2009 9:40pm | Edited 9:42pm
Quoting orangeRANGE
50SMA @ D1 and 200SMA @ H4
(Also the lower part of Uptrending Channel).

Any comment?
got the same TL's here and looking at same thing basically--hope it goes below that 4 he at aroung 150
  • #131,940
  • Aug 16, 2009 9:43pm Aug 16, 2009 9:43pm
Quoting Fly2
most traders don't risk more than 2 % on any trade
I think number is absurd.

If you are new and trading real capital... try .05%.

If you are new to forex and trading real capital... let me give you a place where you can wire me your funds... I'll be taking them soon anyhow.

m
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