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  • #163,541
  • Nov 19, 2009 11:48am Nov 19, 2009 11:48am
Quoting gammase1
That is the biggest tally of daily pips I've ever seen claimed on Forex Factory. An almost unbelievable amount, in fact.

I'm not knocking your remarkable trading skills, but is there any point of posting these kind of retrospective claims?

Does it add anything to the thread if I was to boast about what I have or have not made in a particular day?

Good luck to you.
Could everybody please leave Ogden alone. He is having a good day!! Yes, there will be bad days in the future... but not today. Congrats Ogden. Remember, making pips is the easy part... keeping them is a little tricky!

Regards,
  • #163,542
  • Nov 19, 2009 11:50am Nov 19, 2009 11:50am
as 2 resistance were breaken (4883 and 4908) the trend has final target of 1.4935 before reaching 1.5015. I will be very excited if bull hammer is formed as daily candle. I think that will give enough strengh to the bull to strike 5059 where is my ideal tp. My expert also opened few buys , and he never lied to me for trend direction for the last 3 months so far
  • #163,543
  • Nov 19, 2009 11:51am Nov 19, 2009 11:51am
Quoting FX-Petra
Could everybody please leave Ogden alone. He is having a good day!! Yes, there will be bad days in the future... but not today. Congrats Ogden. Remember, making pips is the easy part... keeping them is a little tricky!

Regards,
So long as we're equally honest and upfront when we suffer these bad days, then I agree with your point.

If he says he's made 1,200 pips, then I applaud his skill. Whether it's actually true or not, is of no real concern in the greater scheme of things.
  • #163,544
  • Nov 19, 2009 11:51am Nov 19, 2009 11:51am
Quoting gammase1
That is the biggest tally of daily pips I've ever seen claimed on Forex Factory. An almost unbelievable amount, in fact.
My tiny tiny pips are so small.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #163,545
  • Nov 19, 2009 11:54am Nov 19, 2009 11:54am
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


.
Should I put a sign on my house's main door "Casino of Macua and Las Vegas" save your time here?
The Thief of Wall Street
  • #163,546
  • Nov 19, 2009 12:00pm Nov 19, 2009 12:00pm
ok lunch about over. now what? not touching 4923 area.. short bias for me. just above may be good sl..
those who can, do. those who cant, talk about those who can
  • #163,547
  • Nov 19, 2009 12:05pm Nov 19, 2009 12:05pm
A view of current pa. With all major news for the day done...I selected the area that functioned as support is currently tested to determine whether it has become resistance. A break through means a retest of yesterday's highs. With the past 12 hours being so bearish...my gut feeling says a couple hours of bulls buying does not change the trend for the day. I am currently short..a low risk trade according to my strategy.

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Different opinions highly valued, ignorant to slander.
  • #163,548
  • Nov 19, 2009 12:15pm Nov 19, 2009 12:15pm
Quoting psiholog
A view of current pa. With all major news for the day done...I selected the area that functioned as support is currently tested to determine whether it has become resistance. A break through means a retest of yesterday's highs. With the past 12 hours being so bearish...my gut feeling says a couple hours of bulls buying does not change the trend for the day. I am currently short..a low risk trade according to my strategy.

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i wouldn't stay married to that short..
  • #163,549
  • Nov 19, 2009 12:17pm Nov 19, 2009 12:17pm
Quoting X.Oden
The old fashion way...I test the markets with small lots and if its going my way, I'll add to positions and more heavily to pairs that are making the moves....once I know a certain pair is moving, I'll take a look at the correlated pairs that typically move with it and just go with the flow.

100 pips here, 80 pips there, 50 pips here, they all add up to a nice amount.

Use stops and targets for every trade whether you follow through or not....nothing complicated...
I just want to ask one thing. Every pip I get is 12.50 US$, so being up today about 60 pips so far is satisfactory * 2 contracts. How much are you talking about per pip, and how many contracts did you use to make these 1200 contracts. Thanks for your clarity.
  • #163,550
  • Nov 19, 2009 12:19pm Nov 19, 2009 12:19pm
Quoting micho
i dont respect liars or anyone who shows the full half part of the cup and leaves the empty half hidden. if you want to show, show everything or nothing. all the clowns and the paint artists in this thread who come one month and then disappear for years. go long go short trend line moving average head and shoulders penis shape all this crap is senseless i dont believe anyone could actually trade that way.

ignore is for you to use, who the hell cares. do what makes you feel better
enjoy
thats correct , and i am really pissed off the people that says "i am 50 pips up , 30 pips plus , 2 000 dollars more" and so on. I really don't care how much people earn and lose ,as long as they says their opinion and whatever it is i read it consider it and then take action should i trust this one or not. before i also posted how much i do with trades but then after thinking realized that i don't care about ppls profit , so why should they... and stopped. Now i say only what i see on charts and wish people luck if they chose to trust me. I don't post anything i see or whatever i think no matter if it is serious. I do not have big respect the people that stays in this forum for years or long... practice and posts are speaking for their author , so i can trust to someone with 2 posts more than to anyone else with 5000 posts if hes speaking about PA and speaking serious than the guy with 5000 posts trying to speak about religion or anything else that at the moment i am not interested. And i dont think that ppl that comes and goes inthis forum should be threatened as noobs or whatever else. Everyone has choice to stay or not , me for example. I started trading since i was 16 and now i am 23 , been in many forums , writting articles and much more even had pleasure to practice at the broker side at least watched work progress and so far i didn't found a really good forum that can offer me what i am interested in. This one is much close than anything i have found yet and i like posting there.But who knows if i will stay there next week, i could be bored to watch people writting about everything mostly lifestyle or so on rather than PA and i can become more pationed and willing to post in every 2 seconds LOL. So in future just keep on talking about the PA instead of complaining about what people earn,lose,think about life, religion and so on and be example for those that are doing this. This is the only post i write that not fits the PA information.
  • #163,551
  • Nov 19, 2009 12:22pm Nov 19, 2009 12:22pm
Quoting Chicky
Very well said Micho.

What would have been your opinion about traders like James and Jacko making similar claims in their initial days if they had decided to join these forums with some screen names?
if 95% of traders are losers, what would you say?
When life gives you lemons, make lemonade
  • #163,552
  • Nov 19, 2009 12:26pm Nov 19, 2009 12:26pm
Quoting TexasforEX
I think the equity markets are topping out so we will see if something might be changing in FX land

The main thing to take from today's euro PA is that it is holding up nicely when the S&P is getting slaughtered. The higher beta currencies are crashing nicely at the same time, euro cross strength. If this holds as the new formula. euro's best days are down the road. One day does not make a trend, but it's a start...
"Timing Is Everything. Really I Swear It Is"
  • #163,553
  • Nov 19, 2009 12:27pm Nov 19, 2009 12:27pm
Why I go short against trend? Because there was hard and visible fall in 15m chart. In news wasn't nothing special to make EUR stronger.

Now I move my SL to 1.4910, because I trade against trend and if it will not get to TP in this time, there is possibility that it will don't go to TP in second time.

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  • #163,554
  • Nov 19, 2009 12:28pm Nov 19, 2009 12:28pm
Quoting psiholog
A view of current pa. With all major news for the day done...I selected the area that functioned as support is currently tested to determine whether it has become resistance. A break through means a retest of yesterday's highs. With the past 12 hours being so bearish...my gut feeling says a couple hours of bulls buying does not change the trend for the day. I am currently short..a low risk trade according to my strategy.

Attachment

it hits 50% on 1H frame retrace but now long, I am long from 4850 TP 4950
  • #163,555
  • Nov 19, 2009 12:28pm Nov 19, 2009 12:28pm
[US COMMERCIAL BANK LOAN PERFORMANCE] Fed's report on commercial bank loan charge-offs and delinquencies shows total charge-off rate for bank loans stood at 2.88% in Q3, up from 2.61% in Q2 and 1.52% a year earlier. Residential real estate charge-offs ran at a 2.43% rate, up from 2.36% in Q2 and 1.48% a year earlier, while commercial real estate charge-offs range at a 2.58% rate, up from 2.18% in Q2 and 1.19% a year earlier. Credit card charge-offs rate at 10.24%, up from 9.62% in Q2 and 5.73% a year ago. Note all those year-ago comparisons are vastly better than comparing the latest Q3 data to Q3 of 2007. Total loan charge-off rate in Q3 of 2007 was 0.63%, vs the latest reading of 2.88%.

content police should not read this.
those who can, do. those who cant, talk about those who can
  • #163,556
  • Nov 19, 2009 12:30pm Nov 19, 2009 12:30pm
Quoting micho
if 95% of traders are losers, what would you say?
That you forgot remaining 5%.

Everyone loses in the end. I know this because I am in gaming business. It is only a matter of time. If this time does not come in your lifetime, you are the winner. It doesn't mean everyone is lying. I say this because I personally know some of the people mentioned in your that post and their level ..........beyond any doubt.
The Thief of Wall Street
  • #163,557
  • Nov 19, 2009 12:32pm Nov 19, 2009 12:32pm
And the problem: they can't see the other side of the moon.
  • #163,558
  • Nov 19, 2009 12:32pm Nov 19, 2009 12:32pm
Quoting Fibo_trader
Why I go short against trend? Because there was hard and visible fall in 15m chart. In news wasn't nothing special to make EUR stronger.

Now I move my SL to 1.4910, because I trade against trend and if it will not get to TP in this time, there is possibility that it will don't go to TP in second time.

Attachment
you are not using high and low for fibo?on 1H it hits 50% retrace and now long my opinion
  • #163,559
  • Nov 19, 2009 12:33pm Nov 19, 2009 12:33pm
Quoting Chicky
Very well said Micho.

What would have been your opinion about traders like James and Jacko making similar claims in their initial days if they had decided to join these forums with some screen names?
he could publish his task list, where we can see concretely the different trade. So we all try to understand how it operates. Even I do not think he will do that.
If the correlations of which he speaks are like those below, the we are in wonderland.
http://www.forexfactory.com/showpost...stcount=163357
The best thing that can happen to you is to find out where you're wrong.
  • #163,560
  • Nov 19, 2009 12:34pm Nov 19, 2009 12:34pm
not criticising anyone in particular, but just speaking in general terms... i think the community on this forum is great, i've only been here for about a week or two now, but i imagine many of us are glued to our computers, mostly working in the privacy of our homes... so to know there are aother people out there in the same proverbial boat is great, to exchange insights and ideas... sometimes we need a little bit of humour and distraction.

I think however that the bottom line is, we all have real money at stake... and we all tend to lose money at some point or another... that is part and parcel of what we do... i agree that it can be counter productive to mention profits or losses... but i have found a supporting attitude from other members when someone has mentioned that they lost substantial amounts... in a similar light people who speak about winnings often provide motivation for others from a competitive point of view.

We're all human at the end of the day and if someone doesn't like what someone else has written just overlook it and continue on... I for one find it encouraging when i see members here being successful at trading and and those who provide insight on their strategies.

The important thing is to be respectful to others.

Well that's my cents or pennies worth
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Yaruki