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  • #164,061
  • Nov 20, 2009 1:07pm Nov 20, 2009 1:07pm
hit 1.4874 resistance and will then keep going up if not bounce.
I am both right and wrong, what's important is the amount of $$$ in my bank
  • #164,062
  • Nov 20, 2009 1:11pm Nov 20, 2009 1:11pm
psiholog: a million thanks for your enlightening posts. Newbies like me struggle to find a plan. Your posts give us tidbits of wisdom that can be incorporated into our burgeoning plans and are greatly appreciated.

Don't stop thinking out loud. My ears are perked.

Lew
  • #164,063
  • Nov 20, 2009 1:22pm Nov 20, 2009 1:22pm
Quoting amgblack
hit 1.4874 resistance and will then keep going up if not bounce.
Not impossible it reach 1.49 easily before retracement , but no time today & some bear may play very limited before market close.so will close the short before close computer.

Though I am doing shorts now but after your post go to see another chart ( below ) I marked few hrs back .
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #164,064
  • Nov 20, 2009 1:26pm Nov 20, 2009 1:26pm
Quoting fontu
Not impossible it reach 1.49 easily before retracement , but no time today & some bear may play very limited before market close.so will close the short before close computer.

Though I am doing shorts now but after your post go to see another chart ( below ) I marked few hrs back .
fontu
yes, most likely no strength.
but will get there. I wouldn't short at this point. nor buy if one hasn't entered the trade. I am bullish for start of next week
I am both right and wrong, what's important is the amount of $$$ in my bank
  • #164,065
  • Nov 20, 2009 1:34pm Nov 20, 2009 1:34pm
Have a good weekend to all . Today is the best of the week for me though won all others days too except yerterday ( loss some ) .I done .
good night .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #164,066
  • Nov 20, 2009 2:31pm Nov 20, 2009 2:31pm
Talking about a volatile week. This pair first rebounded to 1.4875 and now fell back to 1.4835.
  • #164,067
  • Nov 20, 2009 3:59pm Nov 20, 2009 3:59pm
Quoting psiholog
Final post. Trade executed. SL=50pips TP=50pips. Reasons for entry...all of today's posts combined (minus the daily as pa is right in that area and only the short time frame matters at this time).

Good pippin all...and remember...I speak about my methods and past only as an example. Not to give you trading decisions. If my words interest you...I want you to learn the lesson.

Attachment

(Note how my stop loss is far above the white line. In the volatile market we are in these days...it is the only way to not get stopped out prematurely.)...

this thread has some very good traders, i feel stupid saying this since jacko is part of the thread..oh well said it anyway..good analysis my friend
  • #164,068
  • Nov 20, 2009 4:03pm Nov 20, 2009 4:03pm
Quoting psiholog
Final post. Trade executed. SL=50pips TP=50pips. Reasons for entry...all of today's posts combined (minus the daily as pa is right in that area and only the short time frame matters at this time).
Thankyou for your insights psiholog.... i like your style of trading... have a good weekend...
  • #164,069
  • Nov 20, 2009 4:44pm Nov 20, 2009 4:44pm
Quoting caldera
Thankyou for your insights psiholog.... i like your style of trading... have a good weekend...
Psiholog, your sharing of examples and wisdom is greatly appreciated.
  • #164,070
  • Nov 20, 2009 6:14pm Nov 20, 2009 6:14pm
I closed the day with 145 pips profit ... it was great!
Thank you for all your opinions and advice!
  • #164,071
  • Nov 20, 2009 7:03pm Nov 20, 2009 7:03pm
Quoting Pipster888
news on the wire Ukrane defaulted on loan psuhing euro down..
As I told you before, there has been no default.
http://www.reuters.com/article/usDol...66896420091120
  • #164,072
  • Nov 20, 2009 7:08pm Nov 20, 2009 7:08pm
They are playing the global epidemy card to boost dollar, that means stocks possibly down some more. Gold parabolic, get used to it.
  • #164,073
  • Nov 20, 2009 8:09pm Nov 20, 2009 8:09pm
great website, and I'll contribute once I have enough posts that my posts are not left to sit waiting for moderators

to wit:
I posted this regarding X.Oden's claim of making 1200 pips. However, my post waited several hours before being green lighted, and was never viewed or answered for him. He should clarify further details:

Quote
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.


I will PM X.Oden to make him aware of this post, once the post is published.
  • #164,074
  • Nov 20, 2009 10:28pm Nov 20, 2009 10:28pm
Quoting nAVIN2007
this thread has some very good traders, i feel stupid saying this since jacko is part of the thread..oh well said it anyway..good analysis my friend
Hi nAVIN2007,

There are some excellent traders on this Forum. A number of the posters here are members of my group and I can assure you there is more than just a few good traders that post here. I can't speak for the results of some of the other posters that are here, but from comments made by some of them, there is a better than average concentration of excellent traders here on this Forum compared to any other.
This Forum has a reputation that no other Forex forum comes close to approaching. That is shown by its very high level of membership and its ongoing growth.
Unfortunately, the Forum has also lost many excellent traders as a result of morons who come here with no intention of being constructive forum posters. I am reasonably immune to them because I can understand that they are simply trying to boost their own self-worth by trying to tear others down. They are usually losers who always feel that life has handed them a bum deal and are oblivious to the fact that they are just assholes ...and no one likes an asshole.
But other traders would simply just leave so as not to put up with the aggravation.
However, I am always optimistic that the moderating of the Forum will continue at its high levels of moderation.

.
  • #164,075
  • Nov 20, 2009 11:05pm Nov 20, 2009 11:05pm
Quoting jacko
Unfortunately, the Forum has also lost many excellent traders as a result of morons who come here with no intention of being constructive forum posters. I am reasonably immune to them because I can understand...

But other traders would simply just leave so as not to put up with the aggravation.

However, I am always optimistic that the moderating of the Forum will continue at its high levels of moderation...
Well said Jacko... ditto all.
FUBAR...
  • #164,076
  • Nov 20, 2009 11:09pm Nov 20, 2009 11:09pm
Quoting jacko

There are some excellent traders on this Forum.
True that. Lots of us beginners who more or less live here at the E/U thread are very grateful to see Jacko, Jade Gate, toshi, and many other pro traders making regular contributions here. We hope ya'll will feel welcome & will keep showing up.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #164,077
  • Nov 20, 2009 11:11pm Nov 20, 2009 11:11pm
Amen to that!

Quoting jacko
Hi nAVIN2007,

There are some excellent traders on this Forum. A number of the posters here are members of my group and I can assure you there is more than just a few good traders that post here. I can't speak for the results of some of the other posters that are here, but from comments made by some of them, there is a better than average concentration of excellent traders here on this Forum compared to any other.
This Forum has a reputation that no other Forex forum comes close to approaching. That is shown by its very high level of membership...
In Charts We Trust!
  • #164,078
  • Nov 20, 2009 11:40pm Nov 20, 2009 11:40pm
Quoting ak4x
Well said Jacko... ditto all.
Ditto to that ditto.

Just to add, there is one other kind of morons who come to this thread only to entertain while posting their useful stuff some place else. We don't want them back here, unless they mend their ways.
The Thief of Wall Street
  • #164,079
  • Nov 21, 2009 12:39am Nov 21, 2009 12:39am
Quoting Chicky
Ditto to that ditto.

Just to add, there is one other kind of morons who come to this thread only to entertain
while posting their useful stuff some place else. We don't want them back here,
unless they mend their ways.

Yea, I mean you know I never have understood the Morons.

Sometimes they knock on the door, usually two at a time, just like Jehovah's Winesses.
Nice as can be, polite, respectful enough, all of that. But, once you let them in and
set down and give an open ear, they pull out the religious material and start talking about baptism and ........

wait a minute

Uh... wait, that's Mormons.

Okay, forget what I just said.

Morons.

Okay, that's totally different.

Yea those morons are something else.

They don't even bother to knock on the door.

Don't even think they've written their own book yet.

Lazy bastards.
  • #164,080
  • Nov 21, 2009 12:50am Nov 21, 2009 12:50am
So, hey, pretty good action in the old E/U last night, eh? Lots of Big Dog moves. Rumors all week about a ACB DNT lower limit of 1.4800 and Big Dog moved the price to 1.4801 - how 'bout that? Then, what was up with that big spike up on the USD index? And that (false?) rumor of a big Ukrainian govt. default on a EZ bank loan? You know, if I didn't know better, I'd suspect that this whole forex market was totally manipulated.
"If The Fool persists in his Folly he will become wise." - William Blake
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