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EURUSD

  • #165,021
  • Nov 24, 2009 10:18am Nov 24, 2009 10:18am
speak of the devil....there it goes
  • #165,022
  • Nov 24, 2009 10:19am Nov 24, 2009 10:19am
Quoting Honor
Closed remaining 2/3 of the position at 1.4950: my target at this point was met.

Total profit: 88 pips.
I think you closed your short abit premature,PA will likely move towards 1.4800 area before deciding whether to go back,front or signal for a good massive break.If you close your shorts at 1.4950 area from 1.4982 then you couldn't have made 88 pips except if you opened 2 positions,then you only made +40pips.
  • #165,023
  • Nov 24, 2009 10:20am Nov 24, 2009 10:20am
Quoting psiholog
Your idea of what "gut feeling" is differs greatly from mine. What you describe is truly an emotion, something you would like to see happen. For me a "gut feeling" is like a sixth sense, interpreting the technical or fundamental data in such a way that the most logical course of action for pa is seen before it happens, anticipated, even if sometimes it cannot be explained how that was seen.
Alright I guess we do differ when we use the word "gut", and what you explain is what everyone else is doing some way or the other to determin which way the market will go hence to fundies and technicals.

Anyway I just wanted to point out that trading with ur "gut" eg(emotions) is not very safe, unless u have enough funds to back ur "gut" felling up. "Gut"="emotion" not analytical,logical thinking.

Let it be as it is. I got my alerts on points which seem to me important and will go with the close of EU markets to the pub for an afterwork drink.

Take care trading everyone and dont forget FOMC later on,
The Cat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #165,024
  • Nov 24, 2009 10:20am Nov 24, 2009 10:20am
u gotta love forums..great to find a direction...news worked great, especially the bloomberg reporter..

dont be fooled people..forex is an easy way to lose everything
  • #165,025
  • Nov 24, 2009 10:20am Nov 24, 2009 10:20am
My gut is serving well again...
In Charts We Trust!
  • #165,026
  • Nov 24, 2009 10:20am Nov 24, 2009 10:20am
Nice to see shorts working fine .now target 1.4869 first.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #165,027
  • Nov 24, 2009 10:22am Nov 24, 2009 10:22am
Quoting X.Oden
My gut is serving well again...
an experience trader and u talking about gut...that cant be good
  • #165,028
  • Nov 24, 2009 10:26am Nov 24, 2009 10:26am
Quoting G_Man
Gold is looking down ...

Hello !!!
Closing Gap..
  • #165,029
  • Nov 24, 2009 10:26am Nov 24, 2009 10:26am
Jesse Livermore was one of the best, he used his gut at times to make some of the best trades when the tape wasn't making sense...

Quoting nAVIN2007
an experience trader and u talking about gut...that cant be good
In Charts We Trust!
  • #165,030
  • Nov 24, 2009 10:27am Nov 24, 2009 10:27am
Quoting X.Oden
Jesse Livermore was one of the best, he used his gut at times to make some of the best trades when the tape wasn't making sense...

nice comeback!
market is a fruitcake this week..i honestly havent got a clue how this will go down but it better cause im short
  • #165,031
  • Nov 24, 2009 10:27am Nov 24, 2009 10:27am
Quoting nAVIN2007
an experience trader and u talking about gut...that cant be good
I do feel the gut only when the analysis go wrong & loosing trades but not want to close early & loosing more & more & often to go toilet.fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #165,032
  • Nov 24, 2009 10:29am Nov 24, 2009 10:29am
Quoting nAVIN2007
u gotta love forums..great to find a direction...news worked great, especially the bloomberg reporter..

dont be fooled people..forex is an easy way to lose everything
Yep, that reporter has something up his sleeve.."buy EU b/c german bank is going to fail" LOL...repatriation my arse.
  • #165,033
  • Nov 24, 2009 10:29am Nov 24, 2009 10:29am
Quoting X.Oden
Jesse Livermore was one of the best, he used his gut at times to make some of the best trades when the tape wasn't making sense...
an LOSING the same...right?
  • #165,034
  • Nov 24, 2009 10:33am Nov 24, 2009 10:33am
Quoting wwwin
Yep, that reporter has something up his sleeve.."buy EU b/c german bank is going to fail" LOL...repatriation my arse.
probably been paid...quite simple, no such thing as a free lunch..if he saying buy it means someone selling..LOL

THE SWINE...but he give an opportunity thou
  • #165,035
  • Nov 24, 2009 10:35am Nov 24, 2009 10:35am
euro/usd falling in price i gain 90pips+
  • #165,036
  • Nov 24, 2009 10:36am Nov 24, 2009 10:36am
Well when you're basing your trades on hope, then you know you did something wrong...but if its a gut feeling based on PA, well....it can't be explained....



I'm a better trader than Livermore...so there's no comparison...




Quoting SilverShark
an LOSING the same...right?
In Charts We Trust!
  • #165,037
  • Nov 24, 2009 10:41am Nov 24, 2009 10:41am
Or maybe he's in the shit hole and longed EURO at the top....


Quoting nAVIN2007
probably been paid...quite simple, no such thing as a free lunch..if he saying buy it means someone selling..LOL

THE SWINE...but he give an opportunity thou
In Charts We Trust!
  • #165,038
  • Nov 24, 2009 10:42am Nov 24, 2009 10:42am
Hi, newbie here...just wondering, can this be considered as a valid pin bar or I still need to wait for a close to confirm it? Still learning at this... Thank u...http://i19.photobucket.com/albums/b1...e/chart101.gif
  • #165,039
  • Nov 24, 2009 10:48am Nov 24, 2009 10:48am
Quoting X.Oden
Well when you're basing your trades on hope, then you know you did something wrong...but if its a gut feeling based on PA, well....it can't be explained....



I'm a better trader than Livermore...so there's no comparison...

Livermore was worth $100 million....in l1929....rest of the storie you know...
just dont lose you money
  • #165,040
  • Nov 24, 2009 10:50am Nov 24, 2009 10:50am
Quoting X.Oden
Or maybe he's in the shit hole and longed EURO at the top....
yeah

Quoting X.Oden
Well when you're basing your trades on hope, then you know you did something wrong...but if its a gut feeling based on PA, well....it can't be explained....

u know soros actually claims one of the secret to his success is just this..when he is wrong, his body gives a signal in time he has learned the signals the body has give..as to whether the trade will work out, crazy as it sounds (be insink with yur body)

example for a newbie

u long and eyes start to water it means u getting happy cause u getting paid..and when u stick and have no emotion u loss

just playing,,hehe
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