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  • #141,381
  • Edited 5:47pm Sep 10, 2009 5:45pm | Edited 5:47pm
Quoting Hasnaa
Who Is With Me...!?
from 1.4515 and again a little higher... but for t/p... the monthly pivot is sitting at 1.4130... :-D
  • #141,382
  • Sep 10, 2009 5:45pm Sep 10, 2009 5:45pm
Quoting realjumper
ZZZZZZZZZZZZZ
Reminds me of silent movies......
The Thief of Wall Street
  • #141,383
  • Sep 10, 2009 5:47pm Sep 10, 2009 5:47pm
Quoting lapetye
Get out or keep building, depends on how it looks. When building one of these, a 50% retrace anywhere along the way will get you out at breakeven (if it doesn't look good, or if you lose your nerve).

The whole point of building up a short (or long) is to get on top of the price (or below it) for the final move, using small positions.
exactlyyyy !!!!!!!!!!!!!!!!!!!!! you are not new to this right??? thas is axactly the way is done most of trader do not really understad the market and the profitable in adding positions convined with money mangement principals and some profit taken on reversals ...
  • #141,384
  • Sep 10, 2009 5:52pm Sep 10, 2009 5:52pm
Quoting fx5
Me waiting for better entry!!!!

tp1= 4512

what u say?
What I Say...!?
U Cud C My Tp In That Pic !
  • #141,385
  • Edited 6:06pm Sep 10, 2009 5:56pm | Edited 6:06pm
Yes, I can see it and I agree. I am waiting to see if price makes another attempt to 4610 before entering on the SHORT. I believe we will see the Short side first. Too many failed attempts to get beyond 1.4600. I see BEARISH DIV all over the place.
Quoting Hasnaa
What I Say...!?
U Cud C My Tp In That Pic !
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  • #141,386
  • Sep 10, 2009 5:56pm Sep 10, 2009 5:56pm
Quoting Chicky
Ps. The money I lost was no more than two weeks' salary, but the major loss was losing faith in my system. I have still not recovered from this mental set back and doubt I would ever do.

There is a very good post on this thread today by Kjellik74 .... He said if you feel like gambling go somewhere else, doing it with your trading will make you lose your faith in trading.
Here is the link to Kjellik74's post

http://www.forexfactory.com/showpost...stcount=141080
The Thief of Wall Street
  • #141,387
  • Sep 10, 2009 6:08pm Sep 10, 2009 6:08pm
Quoting Hasnaa
Who Is With Me...!?
Do You Promise You Will Take Me All the Way There...?!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #141,388
  • Sep 10, 2009 6:10pm Sep 10, 2009 6:10pm
Quoting realjumper
To put that into perspective, I pack my parachute with care and respect, and I am as certain that it will open as I am that the brakes on my car will work. Of course, brake failures do happen, but in that event, I am as certain that my reserve will open as I am that the sun will come up tomorrow.

As a side note, I have only used the reserve once in more that 1,000 jumps, and that was because of my slap-happy and crappy packing because I was in a hurry to catch the last flight of the day. Human error!
*L* it never hurts to have a less then soft out. glad you made it..my niece jumped with a instructor. i dont know timeline but maybe a year later. the same instuctor had a accident. not sure of all the details and this is third hand info from niece.. but he lived. since your in the inner circle you may have heard about it. it was in the last few years. gulf coast u.s.
those who can, do. those who cant, talk about those who can
  • #141,389
  • Sep 10, 2009 6:22pm Sep 10, 2009 6:22pm
Quoting gatorinla
*L* it never hurts to have a less then soft out. glad you made it..my niece jumped with a instructor. i dont know timeline but maybe a year later. the same instuctor had a accident. not sure of all the details and this is third hand info from niece.. but he lived. since your in the inner circle you may have heard about it. it was in the last few years. gulf coast u.s.
I don't recall that exact incident off the top of my head, but accidents do happen from time to time. It's interesting that most accidents happen under a good canopy. It's pilot error on landing, and/or showing off. Do a youtube search on 'hook turns', and you'll see what I mean.

I have personally seen a student panic and go in, he didn't survive, and I have seen a hook turn death and a hook turn resulting a broken femur. The saying goes something like this: Hook turns impress, compress, fracture and kill. You know how aircraft make a 'downwind, base, and final approach' pattern to landing? Well, so do birds, albeit that final approach for a sparrow is REALLY short.....iow, 'short finals'. Anyway, birds do it that way, so do aircraft. So why oh why do some cocky skydivers think that they can hook their way in? A hook turn survival depends on judging altitude perfectly...EVERY time.....or else the skydiver will impact at 70mph....with a good canopy. The question is: Who among us has NEVER made a mistake? One mistake when hooking it in will cost your life. To me, it just ain't worth it.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #141,390
  • Sep 10, 2009 6:23pm Sep 10, 2009 6:23pm
Quoting The Fool
Do You Promise You Will Take Me All the Way There...?!
Ok I Will !
Y Not...!?
But...Just Wait A Moment...
Have U Ever Heard This Song ;
I Am Sailing...I Am Sailing...( By Rod Stewart )
Now I Am Doing This...
  • #141,391
  • Sep 10, 2009 6:30pm Sep 10, 2009 6:30pm
Quoting Hasnaa
Ok I Will !
Y Not...!?
But...Just Wait A Moment...
Have U Ever Heard This Song ;
I Am Sailing...I Am Sailing...( By Rod Stewart )
Now...
Too bad we can't hear you sing...

I am sailing, I am sailing,
Home again cross the sea.
I am sailing, stormy waters,
To be near you, to be free.

I am flying, I am flying,
Like a bird cross the sky.
I am flying, passing high clouds,
To be with you, to be free.

Can you hear me, can you hear me
Thro the dark night, far away,
I am dying, forever trying,
To be with you, who can say.

Can you hear me, can you hear me,
Thro the dark night far away.
I am dying, forever trying,
To be with you, who can say.

We are sailing, we are sailing,
Home again cross the sea.
We are sailing stormy waters,
To be near you, to be free.

Oh lord, to be near you, to be free.
Oh lord, to be near you, to be free,
Oh lord.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #141,392
  • Sep 10, 2009 6:38pm Sep 10, 2009 6:38pm
Quoting The Fool
Too bad we can't hear you sing...

I am sailing, I am sailing,
Home again cross the sea.
I am sailing, stormy waters,
To be near you, to be free.

I am flying, I am flying,
Like a bird cross the sky.
I am flying, passing high clouds,
To be with you, to be free.

Can you hear me, can you hear me
Thro the dark night, far away,
I am dying, forever trying,
To be with you, who can say.

Can you hear me, can you hear me,
Thro the dark night far away.
I am dying, forever trying,
To be with you, who can say....
Damn !
U Got The Point !

By The Way G/U & G/J R Falling !
Good Luck & Bye 4 Now !
  • #141,393
  • Sep 10, 2009 6:51pm Sep 10, 2009 6:51pm
Quoting Hasnaa
Who Is With Me...!?
Hasnaa I'm sorry but TP at 4205? I think you might get that by next September if you don't mind hanging onto trade up to 1.5900 or so.

To me market is in a questionable spot. Correction before 1.4700 may still happen but 4400 at best. Todays US session was way more bullish than I would like to see for that. Also look to BB's, does not tell a pretty story for bears just yet.
Attached Image (click to enlarge)
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  • #141,394
  • Sep 10, 2009 6:53pm Sep 10, 2009 6:53pm
Quoting Hasnaa
Damn !
U Got The Point !

By The Way G/U & G/J R Falling !
Good Luck & Bye 4 Now !
i hope the fall i got a mega position..in gy
those who can, do. those who cant, talk about those who can
  • #141,395
  • Sep 10, 2009 6:58pm Sep 10, 2009 6:58pm
Quoting Hasnaa
Damn !
U Got The Point !

By The Way G/U & G/J R Falling !
Good Luck & Bye 4 Now !
You are mostly right. However weekly time frame shows a potential for 174 G/J. Long time wait before it crosses the river and gets home.
The Thief of Wall Street
  • #141,396
  • Sep 10, 2009 7:07pm Sep 10, 2009 7:07pm
dont trade between 1.4558 and 1.4570
ok Friendo? This is madness!?!? - THIS, IS, FOREX!!!
  • #141,397
  • Sep 10, 2009 7:14pm Sep 10, 2009 7:14pm
Quoting Chicky
You are mostly right. However weekly time frame shows a potential for 174 G/J. Long time wait before it crosses the river and gets home.
i m playing a long here..think its due for a little swing high before heading south
  • #141,398
  • Sep 10, 2009 7:27pm Sep 10, 2009 7:27pm
Quoting ledobedo
i m playing a long here..think its due for a little swing high before heading south
I am also of long bias, but so far market tells a different story. You may like to check GJ thread, They are talkiing about some Chinese news at 10:00 pm (not sure which time is that).
The Thief of Wall Street
  • #141,399
  • Sep 10, 2009 7:30pm Sep 10, 2009 7:30pm
It seems to me that some people about 11 hours ago were getting really excited about the bears coming back.

I beg to differ.

Yes, profit taking tomorrow will make me look like a fool. I realize that. But I'm not trading for just tomorrow.

http://i26.tinypic.com/2zyx7v5.gif

Below is yesterday's chart. You at the back of the class, what charts are these? That's right, monthly.

http://i28.tinypic.com/nx1clw.gif

So today and yesterday's chart.

Long baby! Long!
Not all sins are created equal
  • #141,400
  • Sep 10, 2009 7:32pm Sep 10, 2009 7:32pm
OIL futures are down, S&P futures are down, this freakin uptrend can not go on forever without a correction and bygawd the backslide is gonna start NOW!
"If The Fool persists in his Folly he will become wise." - William Blake
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