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  • #163,501
  • Nov 19, 2009 10:00am Nov 19, 2009 10:00am
Quoting vinesh2
jacko seems like you are gambling. Stay out of trading dude or else you going to get burned dude

How did you arrive at this conclusion and advise?

Ok i have just seen your retraction
Some drink at the fountain of knowledge. Others just gargle !
  • #163,502
  • Nov 19, 2009 10:02am Nov 19, 2009 10:02am
ECB President Trichet Speaks in a few moments. Betting he talks the USD down.
  • #163,503
  • Nov 19, 2009 10:02am Nov 19, 2009 10:02am
Quoting vinesh2
jacko seems like you are gambling. Stay out of trading dude or else you going to get burned dude



Hi vinesh2,

I can assure you that the only place I gamble is in the casinos of Macau and Las Vegas.

I actually have a new gambling strategy for those places. I stand at the door and throw a whole lot of cash on the floor.

It saves me time from sitting at the blackjack tables


.
  • #163,504
  • Edited 10:31am Nov 19, 2009 10:10am | Edited 10:31am
I am strongly bearish uk, i think they are hanging on by a string.

betting on Gu towards 1.57 as Eg approaches previous highs

the latest dip on eg seems to have bounced off an important fib

Might be premature but i will hold my bias, only a firm close below .8650 will provide reason for a rethink.

In the mean time no black trade will be allowed to turn red


Attached Image (click to enlarge)
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Some drink at the fountain of knowledge. Others just gargle !
  • #163,505
  • Nov 19, 2009 10:11am Nov 19, 2009 10:11am
Quoting gatorinla
ok ill play the game.. lets see if 4898 has something to say about it then 4844 if so i got a game plan.. that may include 4810 and 4777... but im still a seller at oil 82. its possible i wont get that chance. current 4924
if 4844 falls, then 4791 will be next test. then 4761. along with above numbers are supports.
those who can, do. those who cant, talk about those who can
  • #163,506
  • Nov 19, 2009 10:12am Nov 19, 2009 10:12am
Quoting micho
USDCAD in at 1.05720 target adjustable 1.04360

GBPUSD in at 1.6795 target adjustable 1.6853, BE once we hit adjustable 1.6837

DONT COPY MY TRADES OR YOU DIE
Quote
USDCAD still in play
Quote
GBPUSD Closed at BE for safety reasons, still favoring longs thought without being in a trade
Quote
still in play
still in play, though something weird is happening expecting a very volatile day tomorrow

target adjusted to 1.0509
When life gives you lemons, make lemonade
  • #163,507
  • Nov 19, 2009 10:16am Nov 19, 2009 10:16am
Quoting jacko


Hi vinesh2,

I can assure you that the only place I gamble is in the casinos of Macau and Las Vegas.

I actually have a new gambling strategy for those places. I stand at the door and throw a whole lot of cash on the floor.

It saves me time from sitting at the blackjack tables


.
to many jokes in this thread

we are knocking on the door people
Attached Image (click to enlarge)
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  • #163,508
  • Nov 19, 2009 10:23am Nov 19, 2009 10:23am
Quoting micho
good luck
you will need it
thanks man.... give me more of that.
those who can, do. those who cant, talk about those who can
  • #163,509
  • Nov 19, 2009 10:26am Nov 19, 2009 10:26am
Quoting gatorinla
thanks man.... give me more of that.
you were lucky. keep trading the way you do and you will lose your account.
if you have the guts to show your statement and see who is more consistent
When life gives you lemons, make lemonade
  • #163,510
  • Nov 19, 2009 10:31am Nov 19, 2009 10:31am
ok break before lunch break time, in ny. we will resume in 1.5 hours. there will be a test. and this will go on your permanent record. wait an hour after lunch before sex to avoid cramping.
those who can, do. those who cant, talk about those who can
  • #163,511
  • Nov 19, 2009 10:32am Nov 19, 2009 10:32am
Maybe this will help newer traders:

E/U bias-- long (holy obvious, batman!)

Positions:

Long @ 4850 (1/4 positon)

Pending orders:

Long @ 4815 (1/4) position
Long @ 4775 (1/2) position (Daily trend line)
Long @ 4625 (1/2) position
Long @ 4490 (l full) position (Last big swing low)

below 4450-- hedge, and re-evaluate!

This is just my plan, I am not recommending it to anyone else.
This is a longer term trade plan, not for scalping.

Good luck in your trades!
  • #163,512
  • Nov 19, 2009 10:35am Nov 19, 2009 10:35am
Quoting micho
you were lucky. keep trading the way you do and you will lose your account.
if you have the guts to show your statement and see who is more consistent
*L* thanks.. you dont have a clue. good luck on those trades. im in the green on each one of them the other way.
those who can, do. those who cant, talk about those who can
  • #163,513
  • Nov 19, 2009 10:38am Nov 19, 2009 10:38am
looking for 1.4800 TP from position 1.4950 S yesterday.

nice fall and thanks for good info!!
  • #163,514
  • Nov 19, 2009 10:39am Nov 19, 2009 10:39am
Quoting FX-Petra
Maybe this will help newer traders:

E/U bias-- long (holy obvious, batman!)

Positions:

Long @ 4850 (1/4 positon)

Pending orders:

Long @ 4815 (1/4) position
Long @ 4775 (1/2) position (Daily trend line)
Long @ 4625 (1/2) position
Long @ 4490 (l full) position (Last big swing low)

below 4450-- hedge, and re-evaluate!

This is just my plan, I am not recommending it to anyone else.
This is a longer term trade plan, not for scalping.

Good luck in your trades!
Do u find hedging a bit disconcerting, what if the price was to drop heavily, you'll be stuck with open orders quite possibly for months...
  • #163,515
  • Nov 19, 2009 10:42am Nov 19, 2009 10:42am
Quoting caldera
Do u find hedging a bit disconcerting, what if the price was to drop heavily, you'll be stuck with open orders quite possibly for months...
Not that I'm a fan of hedging but you can scale out and break even if you like being up for days on end.
  • #163,516
  • Nov 19, 2009 10:45am Nov 19, 2009 10:45am
1.4810-1.4840 is a thick resistance area the price has been trying to break through this zone on at least 5 occasions each time propelling the price to the 1.5 level.

If the price was to fall through this level and i think it would require a great deal of momentum, i gather that the price is going to fall hard...
  • #163,517
  • Nov 19, 2009 10:51am Nov 19, 2009 10:51am
1,230 pips between yesterday and today total across 22 pairs ...
In Charts We Trust!
  • #163,518
  • Nov 19, 2009 10:51am Nov 19, 2009 10:51am
it's been so long...another 10mins,1h candle close above 1.4877..i ll b longing..
  • #163,519
  • Nov 19, 2009 10:52am Nov 19, 2009 10:52am
Quoting gatorinla
*L* thanks.. you dont have a clue. good luck on those trades. im in the green on each one of them the other way.
good luck, i've teached noobs like you year after year. its not time for you to race you just made your first steps
When life gives you lemons, make lemonade
  • #163,520
  • Nov 19, 2009 10:54am Nov 19, 2009 10:54am
Quoting caldera
Do u find hedging a bit disconcerting, what if the price was to drop heavily, you'll be stuck with open orders quite possibly for months...
it depends how you define hedging.

its healthy to trade long and short on the same currency pairs BUT on different time frames
When life gives you lemons, make lemonade
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