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  • #160,641
  • Nov 11, 2009 10:08am Nov 11, 2009 10:08am
back to the market ..
at 4975... I´m long
The best thing that can happen to you is to find out where you're wrong.
  • #160,642
  • Nov 11, 2009 10:09am Nov 11, 2009 10:09am
Quoting Driver55
You say that I was offensive.
while you, you brought so.



is this not offensive to all who write in this thread?
Lol, it was definitely not offensive, he was implying that market action was boring.

Don't be so touchy...
Getting it right is NOT as important as not getting it wrong.
  • #160,643
  • Nov 11, 2009 10:09am Nov 11, 2009 10:09am
Very likely this is a major reversal unfolding...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: europounddaily.gif Size: 20 KB
Click to Enlarge Name: europoundfourhour.gif Size: 21 KB
"Timing Is Everything. Really I Swear It Is"
  • #160,644
  • Nov 11, 2009 10:10am Nov 11, 2009 10:10am
Well that didn't happen. A 100%+ retrace now from lastest runup.
Quoting Leche Mocha
Looks like it might into a sideways wedge formation if it bounces right there on the 15 M chart.
  • #160,645
  • Nov 11, 2009 10:11am Nov 11, 2009 10:11am
china .. hang on to nutz
those who can, do. those who cant, talk about those who can
  • #160,646
  • Nov 11, 2009 10:13am Nov 11, 2009 10:13am
Quoting fxswing
Lol, it was definitely not offensive, he was implying that market action was boring.

Don't be so touchy...
yeah isnt he , hehe, anyways closed my shorts i realy needed that for now
  • #160,647
  • Nov 11, 2009 10:19am Nov 11, 2009 10:19am
My Middle line was not even touched again after the cross.

this is bad sign for longs, at least for +60 pips.

Everyone can win with shorts or longs, but at this level I will do nothing.

Next level to watch 1.4927/33. or 1.5022/32

Now a lot of you may say, why did he close the trades so soon?

I was waiting to see this drop ,but only in next hours.

I closed 75% of my trade waiting to short again 25% above 1.5022, because I have this area as a very strong area to short.

This is Forex dear traders. Better to win 17+37+57 pips than ZERO!
  • #160,648
  • Nov 11, 2009 10:26am Nov 11, 2009 10:26am
"There are two types of people in the interactive trading section. First is the rooster who likes to hear themselves crow at every opportunity about how they are able to pick tops and bottoms and know days in advance which direction the market is going. The other type is the chickens who sit around and wait for the rooster to crow some new trading call."

--magnumfreak
  • #160,649
  • Nov 11, 2009 10:27am Nov 11, 2009 10:27am
Quoting kharvell
"There are two types of people in the interactive trading section. First is the rooster who likes to hear themselves crow at every opportunity about how they are able to pick tops and bottoms and know days in advance which direction the market is going. The other type is the chickens who sit around and wait for the rooster to crow some new trading call."

--magnumfreak
Getting it right is NOT as important as not getting it wrong.
  • #160,650
  • Nov 11, 2009 10:30am Nov 11, 2009 10:30am
Market at support, let's see if we find buyers there or if we'll have to go lower...
Getting it right is NOT as important as not getting it wrong.
  • #160,651
  • Nov 11, 2009 10:33am Nov 11, 2009 10:33am
Quoting kharvell
"There are two types of people in the interactive trading section. First is the rooster who likes to hear themselves crow at every opportunity about how they are able to pick tops and bottoms and know days in advance which direction the market is going. The other type is the chickens who sit around and wait for the rooster to crow some new trading call."

--magnumfreak

So true
  • #160,652
  • Nov 11, 2009 10:34am Nov 11, 2009 10:34am
Quoting kharvell
"There are two types of people in the interactive trading section. First is the rooster who likes to hear themselves crow at every opportunity about how they are able to pick tops and bottoms and know days in advance which direction the market is going. The other type is the chickens who sit around and wait for the rooster to crow some new trading call."

--magnumfreak

Which one are you?
"Timing Is Everything. Really I Swear It Is"
  • #160,653
  • Nov 11, 2009 10:37am Nov 11, 2009 10:37am
Quote
My Middle line was not even touched again after the cross.

this is bad sign for longs, at least for +60 pips.

Everyone can win with shorts or longs, but at this level I will do nothing.

Next level to watch 1.4927/33. or 1.5022/32

Now a lot of you may say, why did he close the trades so soon?

I was waiting to see this drop ,but only in next hours.

I closed 75% of my trade waiting to short again 25% above 1.5022, because I have this area as a very strong area to short.

This is Forex dear traders. http://cdn.forexfactory.com/images/smilies/yim/cool.gif...

You have got an excellent thinking and mindset to trade profitably in the forex market.
  • #160,654
  • Nov 11, 2009 10:37am Nov 11, 2009 10:37am
Quoting kharvell
Nobody blames you for that man.
Happened too quick for most to probably catch.
I might still enter short on a pull back, will see how it goes.

No, I take full responsibility for what the market did.

WTF ? did I miss something ? Geez I HOPE no body blames me for something.

Wooooo. That was out there.....

(toungue in cheek, man )


Anyway, If this can behave itself for the next little while (1/2 hour, hour or so)
we may see something we almost never see on a US federal banking holiday:

A Dollar Rally.

Historically, the US buck gets reamed on bank holidays. SO, if there's something afoot
that will cause the opposite to happen, then there's likely information out there that we (the little guys)
don't yet know about. Someone knows and when and if we get such info,
much of the move will usually have already happened. On the other hand,
if it's business as usual, then 4960 may be all the whoo-hah we get this session...

Will be easier to tell on a retest of this broken trendline in the 4990's...Stay tuned.....
Attached Image (click to enlarge)
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  • #160,655
  • Nov 11, 2009 10:38am Nov 11, 2009 10:38am
Quoting kharvell
"There are two types of people in the interactive trading section. First is the rooster who likes to hear themselves crow at every opportunity about how they are able to pick tops and bottoms and know days in advance which direction the market is going. The other type is the chickens who sit around and wait for the rooster to crow some new trading call."

--magnumfreak


Great metaphor!
Traders are smartasses
  • #160,656
  • Nov 11, 2009 10:38am Nov 11, 2009 10:38am
Quoting TexasforEX
Which one are you?
Good question, I'll let you decide
  • #160,657
  • Nov 11, 2009 10:39am Nov 11, 2009 10:39am
Quoting kingfisher
You have got an excellent thinking and mindset to trade profitably in the forex market.


And I hope you are winning too in this market.
  • #160,658
  • Nov 11, 2009 10:41am Nov 11, 2009 10:41am
Quoting toshi
No, I take full responsibility for what the market did.

WTF ? did I miss something ? Geez I HOPE no body blames me for something.

Wooooo. That was out there.....

(toungue in cheek, man )
Nobody blames you for WHINING. Not for the market.
  • #160,659
  • Nov 11, 2009 10:41am Nov 11, 2009 10:41am
Quoting kharvell
"There are two types of people in the interactive trading section. First is the rooster who likes to hear themselves crow at every opportunity about how they are able to pick tops and bottoms and know days in advance which direction the market is going. The other type is the chickens who sit around and wait for the rooster to crow some new trading call."

--magnumfreak
and then theres me
I made a deal with myself that if I was going to crow about my wins, I had to crow about my losses, so far I have done neither.
I think he was making a very broad sweeping generalization
but thats just (wait for it.....) my humble opinion
  • #160,660
  • Nov 11, 2009 10:43am Nov 11, 2009 10:43am
Quoting kharvell
Nobody blames you for WHINING. Not for the market.

how did he misunderstod that 1
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