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  • #184,241
  • Jan 24, 2010 8:56pm Jan 24, 2010 8:56pm
saints better win now.....handed to them on a silver platter !
hang on to your bread......unless you want toast
  • #184,242
  • Jan 24, 2010 8:56pm Jan 24, 2010 8:56pm
Quoting M.A.C.Doug
Im all over this rally - shorting all the way to 1.42 which I doubt we will see today - Ill give you most of my positions once the DP is broken say around M2 - how does that sound?
Sounds fair to me

I admire your confidence
Doing what you like is Freedom. Liking what you do is Happiness.
  • #184,243
  • Jan 24, 2010 8:57pm Jan 24, 2010 8:57pm
Quoting Gld
saints better win now.....handednto them on a silver platter !
not really refs pulling for minn.
those who can, do. those who cant, talk about those who can
  • #184,244
  • Jan 24, 2010 9:00pm Jan 24, 2010 9:00pm
sittin on the sideline, hat turned sideways,pants on the ground
hang on to your bread......unless you want toast
  • #184,245
  • Jan 24, 2010 9:05pm Jan 24, 2010 9:05pm
Quoting realjumper
Sounds fair to me

I admire your confidence
I admire your caution but you have to trade when the fear to do so is at its highest - that is the safest time. I need price moving against me to enter. I need it to test resistence today and fortunately there are always enough greedy people around to give me the market conditions I require to trade. Ill be taking profits before even the DP is tested
BTC Return This Year: na
  • #184,246
  • Jan 24, 2010 9:06pm Jan 24, 2010 9:06pm
Quoting psiholog
You seem highly intellectual. I too started out very much the same way you did, experimenting with Fibo, EW, trend lines/channels,...
thank you very much for your compliment. and your advice is very valuable and I agree with it. this is why i am fan of sam seiden and mike baghdady. they both trade PA without any indicators or even drawing lines on the charts. and they always relate to psychology and order flow. your methodology is basically the same which reflects their level of knowledge and understanding of market. i try to learn to trade this way while experimenting with other methods. good luck to both of us.
  • #184,247
  • Jan 24, 2010 9:17pm Jan 24, 2010 9:17pm
Sorry guys...I'm from Indianapolis area....Payton Mannig made some awesome passes with some receivers making some great catches.....Jets played well....it was a Great Game!
  • #184,248
  • Jan 24, 2010 9:19pm Jan 24, 2010 9:19pm
Quoting SashaP
Btw shorted from 62 Half position
All that is left in FF is just plain garbage. "Cloggie"
  • #184,249
  • Jan 24, 2010 9:20pm Jan 24, 2010 9:20pm
superbowl bound saints..
those who can, do. those who cant, talk about those who can
  • #184,250
  • Jan 24, 2010 9:21pm Jan 24, 2010 9:21pm
Quoting gatorinla
superbowl bound saints..
PARTY at your house !!
hang on to your bread......unless you want toast
  • #184,251
  • Jan 24, 2010 9:21pm Jan 24, 2010 9:21pm
Quoting IMARICH1
Sorry guys...I'm from Indianapolis area....Payton Mannig made some awesome passes with some receivers making some great catches.....Jets played well....it was a Great Game!
just one of my home town boys.. even farb is in the club..
those who can, do. those who cant, talk about those who can
  • #184,252
  • Jan 24, 2010 9:32pm Jan 24, 2010 9:32pm

Dear Valued Trader,
The U.S. Commodity Futures Trading Commission (CFTC) announced on January 13, 2010 that it is seeking public comment on proposed regulations concerning retail forex trading.
As part of the proposed regulations, "leverage in retail forex customer accounts would be subject to a 10-to-1 limitation," which means 10:1 leverage would be the maximum amount allowed for forex traders in the U.S.
An example of how the proposed regulatory restrictions would affect a major currency pair appears below:

Maximum Leverage under
Current RegulationsMaximum Leverage under
Proposed Changes USD/JPY USD/JPY100:1 leverage (one percent)10:1 leverage (10 percent)1 lot (100,000)1 lot (100,000)Margin requirement: $1,000Margin requirement: $10,000

We believe that all traders should have the right to choose the amount of leverage that is appropriate for his/her risk appetite, and that this basic principle of 'choice' is being threatened by the proposed CFTC regulations.
Should you feel strongly about the proposal, there is still time for you to help determine the outcome of these proposed regulations. You can make an impact by sending comments directly to the CFTC at: [email protected].

contact you senators and represenatives also.

those who can, do. those who cant, talk about those who can
  • #184,253
  • Jan 24, 2010 9:37pm Jan 24, 2010 9:37pm
Quoting gatorinla

Dear Valued Trader,




The U.S. Commodity Futures Trading Commission (CFTC) announced on <snip>

ALL traders should make their feelings known, not just USA brokered traders. For sure, if this dictatorial act is allowed to fly, the rest of the world will follow. But by then it will be too late to do anything about it. GET TYPING!!

Doing what you like is Freedom. Liking what you do is Happiness.
  • #184,254
  • Jan 24, 2010 9:40pm Jan 24, 2010 9:40pm
Quoting realjumper

ALL traders should make their feelings known, not just USA brokered traders. For sure, if this dictatorial act is allowed to fly, the rest of the world will follow. But by then it will be too late to do anything about it. GET TYPING!!


1:10 .... nothing wrong with that. It will stop alot of newer traders blowing their account in under a week. I think it is a great rule.
Blogging daily now at www.volume.zone
  • #184,255
  • Jan 24, 2010 9:40pm Jan 24, 2010 9:40pm
Do you think our weight is stronger than Mr. President? i doubt so.. but if we all press on we might stand a chance
Learn the words... speak the words
  • #184,256
  • Jan 24, 2010 9:41pm Jan 24, 2010 9:41pm
Quoting gatorinla

Dear Valued Trader,
The U.S. Commodity Futures Trading Commission (CFTC) announced on January 13, 2010 that it is seeking public comment on proposed regulations concerning retail forex trading.
As part of the proposed regulations, "leverage in retail forex customer accounts would be subject to a 10-to-1 limitation," which means 10:1 leverage would be the maximum amount allowed for forex traders in the U.S.
An example of how the proposed regulatory restrictions would affect a major currency pair appears below:

[b]Maximum Leverage...
how about international traders that hooked up with US-based brokers? are they bound to this requirement as well?
Be a sniper not a jumper
  • #184,257
  • Jan 24, 2010 9:41pm Jan 24, 2010 9:41pm
Quoting malcolmb14
1:10 .... nothing wrong with that. It will stop alot of newer traders blowing their account in under a week. I think it is a great rule.

i agree that means small time business is no longer be avail to at least 40% of current traders..
Learn the words... speak the words
  • #184,258
  • Jan 24, 2010 9:42pm Jan 24, 2010 9:42pm
trying a little sell at 1,4160 , stop just above my high of Friday , 1.4180

target for london test Thursdays lows 1.4070

25 pip to 90 pip reward

risk is .5% of account , reward = 1.8 % and no SKY I am NOT trading a mini account....

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Blogging daily now at www.volume.zone
  • #184,259
  • Jan 24, 2010 9:43pm Jan 24, 2010 9:43pm
what's wrong with 100/1?
  • #184,260
  • Jan 24, 2010 9:45pm Jan 24, 2010 9:45pm
Quoting malcolmb14
1:10 .... nothing wrong with that. It will stop alot of newer traders blowing their account in under a week. I think it is a great rule.
But that isn't the point. I am free to trade what I *choose*....in the same way that I free to spend my money on whatever I choose. I don't want the govt to regulate the way in which I *choose* to spend my money.

New traders don't have to blow their accounts. The only reason they do so is because of greed. The same is true for casino gamblers and horse racing gamblers. Governments must not interfere unless they are going to regulate the way in which I spend my money....if that is allowed to fly, hello police state!!
Doing what you like is Freedom. Liking what you do is Happiness.
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