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  • #201,681
  • Feb 24, 2010 4:18am Feb 24, 2010 4:18am
Quoting Mr Hatch
not your week, hm? *thumbs pressed*
not mate really not my week, those are the ones where you really have to have peace at home otherwise you would go nuts hehehe. I can still laugh as I never risk a lot so this can keep going for an extended period of time.
It will get better
Trade on your own risk Plan your trade&trade your plan dont be a
  • #201,682
  • Feb 24, 2010 4:19am Feb 24, 2010 4:19am
Quoting skc1970
Join the club! I'm well down on the week, and thats despite catching the bear run yesterday.

On the positive side, I'm learning I have powerful market making powers. The market seems to react in exactly the opposite direction to my trade, almost instantly

My problem is I have a small fund and therefore cant afford many trades with a stop loss > 50-100 points so mostly going to be scalping
do scalp the shit out of it, when pa allows it. the bigger trades will come later. it is easier to take profit in very small steps. that's the way i had to do it, though. the other option would be to trade longer tfs, but i couldn't do that.
  • #201,683
  • Feb 24, 2010 4:20am Feb 24, 2010 4:20am
Hello everybody.

Nice BEOB yesterday on the daily chart. I will short EU when price retraces to the blue area.

Anyone sharing this view ?
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  • #201,684
  • Feb 24, 2010 4:21am Feb 24, 2010 4:21am
could keep going up until U.S. opens, we still have hours
Former Trader Of the Year of the 95% losing club! Retired
  • #201,685
  • Feb 24, 2010 4:22am Feb 24, 2010 4:22am
stuck at dp for now...
  • #201,686
  • Feb 24, 2010 4:22am Feb 24, 2010 4:22am
looks like up channell is make

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  • #201,687
  • Feb 24, 2010 4:23am Feb 24, 2010 4:23am
It can go up to 1.3645 but first tryout is at 1.3576.

Something is cooking with gold and eur affected to its drop opposite.
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They think they are smarter than I am.
  • #201,688
  • Feb 24, 2010 4:23am Feb 24, 2010 4:23am
Quoting skc1970
Join the club! I'm well down on the week, and thats despite catching the bear run yesterday.

On the positive side, I'm learning I have powerful market making powers. The market seems to react in exactly the opposite direction to my trade, almost instantly

My problem is I have a small fund and therefore cant afford many trades with a stop loss > 50-100 points so mostly going to be scalping
i used to have that kind off power too...but off late it seems to diminish
haha..one thing for sure if u have capital u can hold off major draw down.
use the micro lots that way holding 100pips is no problem

cheers
  • #201,689
  • Feb 24, 2010 4:24am Feb 24, 2010 4:24am
who knows how high they will take it before it comes back down to make lower lows.
Former Trader Of the Year of the 95% losing club! Retired
  • #201,690
  • Feb 24, 2010 4:24am Feb 24, 2010 4:24am
Man, need to off maybe? Bali?

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Quoting Trading Cat
sl hit grrrr
Manage your risk accordingly and you're half done your home work.
  • #201,691
  • Feb 24, 2010 4:25am Feb 24, 2010 4:25am
Quoting ts63
Hello everybody.

Nice BEOB yesterday on the daily chart. I will short EU when price retraces to the blue area.

Anyone sharing this view ?
yep!
  • #201,692
  • Feb 24, 2010 4:25am Feb 24, 2010 4:25am
Quoting gatorinla
still wanna long gold?


Thanksfully i moved sl to BE at half my target...
I really don't get who is selling gold and buying eur/selling usd at the same time...
Strange indeed...
Any thought?
  • #201,693
  • Feb 24, 2010 4:26am Feb 24, 2010 4:26am
Quoting personalme
Man, need to off maybe? Bali?

Attachment Attachment
its funny hahaha my sl got hit and it turns around really playing with me lately. Not to worry next entry will come and I try it again.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #201,694
  • Feb 24, 2010 4:29am Feb 24, 2010 4:29am
Quoting Trading Cat
its funny hahaha my sl got hit and it turns around really playing with me lately. Not to worry next entry will come and I try it again.
indeed better safe than sorry, enough opportunities to profit from!
  • #201,695
  • Feb 24, 2010 4:29am Feb 24, 2010 4:29am
Quoting cacus


Thanksfully i moved sl to BE at half my target...
I really don't get who is selling gold and buying eur/selling usd at the same time...
Strange indeed...
Any thought?
It's not that everybody is 'selling' gold, it's that nobody is buying it. Those wanting to sell, don't have anyone to sell it too. Are you buying gold chains right now in this recession? or putting bricks of gold safe if your safety deposit, cause you have so much cash? Is it a bargain at 1100 or 400?
  • #201,696
  • Feb 24, 2010 4:29am Feb 24, 2010 4:29am
Quoting cacus


Thanksfully i moved sl to BE at half my target...
I really don't get who is selling gold and buying eur/selling usd at the same time...
Strange indeed...
Any thought?
maybe some central european banks ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #201,697
  • Feb 24, 2010 4:32am Feb 24, 2010 4:32am
Quoting Trading Cat
sl hit grrrr
Take it easy and wait for the next opportunity
  • #201,698
  • Feb 24, 2010 4:32am Feb 24, 2010 4:32am
i am enjoying myself with a 1.5 pip trailing stop
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  • #201,699
  • Feb 24, 2010 4:32am Feb 24, 2010 4:32am
Price pushed up through the supply @ 1.3545...
It should indicate further move up...at least toward 1.3580 in my opinion
COT: The precious data ignored
  • #201,700
  • Feb 24, 2010 4:34am Feb 24, 2010 4:34am
Quoting forexlion
i am enjoying myself with a 1.5 pip trailing stop
where do u get that
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