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SeriousTrading

  • #161
  • Aug 19, 2009 8:32pm Aug 19, 2009 8:32pm
Quoting Ben920FX
I'm also LONG, and now it's backing up
GJ can guide you to the nearest asylum faster than you think
  • #162
  • Aug 19, 2009 8:35pm Aug 19, 2009 8:35pm
Quoting forexlion
GJ can guide you to the nearest asylum faster than you think
Well it's the Beast after all

Holding my longs, my entry price is 155.88, its either SL or TP for me
My edge ===> Patience
  • #163
  • Aug 19, 2009 8:36pm Aug 19, 2009 8:36pm
this is the reason i chickened out
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  • #164
  • Aug 19, 2009 8:37pm Aug 19, 2009 8:37pm
at the end of 36 trades i feel its better to chicken out, than to fight the trend
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  • #165
  • Aug 19, 2009 8:55pm Aug 19, 2009 8:55pm
Quoting forexlion
this is the reason i chickened out
RBA news did that to me i had such wonderful trades with such beautiful entries
  • #166
  • Aug 19, 2009 9:14pm Aug 19, 2009 9:14pm
Hi Forexlion, go take a look at the GBP index chart, you would see that we are going to have a very big downmove today.
I suggest that all traders get ready for 'london bridge is sure going to fall down again today"
Happy trading!
  • #167
  • Aug 19, 2009 9:33pm Aug 19, 2009 9:33pm
Quoting forexcompoun
Hi Forexlion, go take a look at the GBP index chart, you would see that we are going to have a very big downmove today.
I suggest that all traders get ready for 'london bridge is sure going to fall down again today"
Happy trading!
1 hour GBPCHF which is also known as pound index
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  • #168
  • Aug 19, 2009 9:45pm Aug 19, 2009 9:45pm
No not that one. Get maybe a liteforex account and check "liteforex index" select GBPLFX and take a look.
  • #169
  • Aug 19, 2009 9:55pm Aug 19, 2009 9:55pm
Quoting forexcompoun
Hi Forexlion, go take a look at the GBP index chart, you would see that we are going to have a very big downmove today.
I suggest that all traders get ready for 'london bridge is sure going to fall down again today"
Happy trading!
What makes you think so? The D1 GBP index (I'm using Liteforex) is close to the bottom of the range it has been holding since early July, and I don't judge the indicators to be in overbought territory. USD index is also not showing particular strength, so in your analysis what would drive the GBP down?

Just curious...

jesper
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  • #170
  • Aug 19, 2009 9:56pm Aug 19, 2009 9:56pm
Quoting forexlion
1 hour GBPCHF which is also known as pound index
Lion,

Your bias for GBP is to the upside?

Thanks,

jesper
  • #171
  • Aug 19, 2009 10:08pm Aug 19, 2009 10:08pm
Here's what I am looking at:
2.9386 serves as a fib point of confluence when u draw your fib on the 1 hour and daily chart so that level is an important support.
Price has been making consecutive lower highs and price recently touched the top of my trade channel and as such should be headed to the bottom of the channel. Finally, the London market should close in just about 12hours from now and my stochastics setting show that we are clearly overbought and heading downwards for the next 12 hours thereabout.
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  • #172
  • Aug 19, 2009 10:35pm Aug 19, 2009 10:35pm
Quoting forexcompoun
Here's what I am looking at:
2.9386 serves as a fib point of confluence when u draw your fib on the 1 hour and daily chart so that level is an important support.
Price has been making consecutive lower highs and price recently touched the top of my trade channel and as such should be headed to the bottom of the channel. Finally, the London market should close in just about 12hours from now and my stochastics setting show that we are clearly overbought and heading downwards for the next 12 hours thereabout.
nice

you could be correct on this

since morning [tokyo open] 30 min has beendriving me crazy, and i guess 156.30 will be the deciding factor here, should we remain below this last week low, we drop
  • #173
  • Aug 19, 2009 11:38pm Aug 19, 2009 11:38pm
Quoting DonnyDucati
Forexlion,

May I ask about the day open that you are refering to, is that Tokyo , GMT or NY close?

Thank you,

Don
GMT -3 i guess
fxpro server
  • #174
  • Aug 19, 2009 11:42pm Aug 19, 2009 11:42pm
the beast is getting easier to trade
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  • #175
  • Aug 19, 2009 11:45pm Aug 19, 2009 11:45pm
still no reason to press the panic button, just ride carefully on the scalps
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  • #176
  • Aug 20, 2009 12:06am Aug 20, 2009 12:06am
Quoting forexlion
still no reason to press the panic button, just ride carefully on the scalps

hey liom wut is this red blue line u have as indicator ?
  • #177
  • Aug 20, 2009 12:13am Aug 20, 2009 12:13am
Quoting forexlion
20 to 30 pips max from my positions

since i opened at day open level [Girlfriend] and weekly fib expansion is already bull, i doubt if there will be any drawdown to my positions
OK.Thank you.
Why is it called girlfriend?

...........................
  • #178
  • Aug 20, 2009 12:21am Aug 20, 2009 12:21am
Quoting warta
hey liom wut is this red blue line u have as indicator ?
ok i am babysitting now

http://www.forexfactory.com/showthread.php?t=136321

here
  • #179
  • Aug 20, 2009 12:21am Aug 20, 2009 12:21am
Quoting Rednose
OK.Thank you.
Why is it called girlfriend?

...........................
random name
  • #180
  • Aug 20, 2009 12:39am Aug 20, 2009 12:39am
Quoting forexlion
ok i am babysitting now

http://www.forexfactory.com/showthread.php?t=136321

here

cheers man
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