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AUD/USD

  • #17,661
  • Feb 26, 2010 1:46am Feb 26, 2010 1:46am
I'm going for the same as early 2009.
  • #17,662
  • Feb 26, 2010 1:49am Feb 26, 2010 1:49am
Quoting erikte279
lol no ive got a semi tight stop 2% risk ($450) on this one....
It's an addiction trying to pick the bottom. It'll get ya. Let me tell u the bottom of EUR/JPY now. 100.
  • #17,663
  • Feb 26, 2010 1:52am Feb 26, 2010 1:52am
Quoting erikte279
lol no ive got a semi tight stop 2% risk ($450) on this one....
Once you get stopped out, then what will u do? Go long again tonight, or Sunday? and lose $450?
  • #17,664
  • Feb 26, 2010 1:54am Feb 26, 2010 1:54am
Quoting Clouds
What does long-term mean to you guys? When I say "Long-Term" I mean for the next 6-8 months.

agree
  • #17,665
  • Feb 26, 2010 2:00am Feb 26, 2010 2:00am
Quoting Clouds
It's an addiction trying to pick the bottom. It'll get ya. Let me tell u the bottom of EUR/JPY now. 100.

0 ?
  • #17,666
  • Feb 26, 2010 2:01am Feb 26, 2010 2:01am
No...I'd get stopped at B/E at this point long at .64 see you've got to know when to play the reversals. I only risked 15 pips to get into this position

Quoting Clouds
Once you get stopped out, then what will u do? Go long again tonight, or Sunday? and lose $450?
Annoying Precision
  • #17,667
  • Feb 26, 2010 2:02am Feb 26, 2010 2:02am
Quoting erikte279
lol no ive got a semi tight stop 2% risk ($450) on this one....
U say you traded for 1-3 years? I don't think so. Screaming out to go long on one of the most bearish pairs.

Attached Image
  • #17,668
  • Feb 26, 2010 2:03am Feb 26, 2010 2:03am
Quoting Clouds
What does long-term mean to you guys? When I say "Long-Term" I mean for the next 6-8 months.
Long-term is for me the next 4-6 weeks at most.
Medium-term is 1-2 weeks.
Short-term is NOW.
  • #17,669
  • Feb 26, 2010 2:05am Feb 26, 2010 2:05am
Yes going on 1.5 years now. Just because your not confident in your ability to pick high probability short term reversal points dosent mean that Im not

Quoting Clouds
U say you traded for 1-3 years? I don't think so. Screaming out to go long on one of the most bearish pairs.

Attachment
Annoying Precision
  • #17,670
  • Feb 26, 2010 2:07am Feb 26, 2010 2:07am
Be careful Gold is on the way up again...
  • #17,671
  • Feb 26, 2010 2:08am Feb 26, 2010 2:08am
Quoting erikte279
Yes going on 1.5 years now. Just because your not confident in your ability to pick high probability short term reversal points dosent mean that Im not
As long as your bank account reflects this ability, it's cool.
  • #17,672
  • Feb 26, 2010 2:10am Feb 26, 2010 2:10am
I appreciate your concern though and can understand your viewpoint. Its much easier to just constantly trade with the trend and that primarily is what I do. If I see a decent oppurtunity I seize it.
Annoying Precision
  • #17,673
  • Feb 26, 2010 2:14am Feb 26, 2010 2:14am
Quoting doblece
Long-term is for me the next 4-6 weeks at most.
Medium-term is 1-2 weeks.
Short-term is NOW.
Long term to me is 2 weeks.
  • #17,674
  • Feb 26, 2010 2:24am Feb 26, 2010 2:24am
Quoting erikte279
Yes going on 1.5 years now. Just because your not confident in your ability to pick high probability short term reversal points dosent mean that Im not
can u show me your reasons for going long eur/jpy
  • #17,675
  • Feb 26, 2010 2:28am Feb 26, 2010 2:28am
Quoting erikte279
Just because your not confident in your ability to pick high probability short term reversal points dosent mean that Im not
What in the hell is a "high probability short term reversal points" ?
  • #17,676
  • Feb 26, 2010 2:30am Feb 26, 2010 2:30am
Sounds very subjective to me.
  • #17,677
  • Feb 26, 2010 2:35am Feb 26, 2010 2:35am
Quoting yorygog
What in the hell is a "high probability short term reversal points" ?
Sounds not just subjective, but it's almost like saying, when I roll the dice, I know when I'm going to roll snake eyes. Reversals are a lot more rare than the trend, so I have no clue why someone would try and specialize in this, or even call reversals 'high probability'. As I said before, unless you're scalping, like scalping 20 pips off the figure or something.
  • #17,678
  • Feb 26, 2010 2:35am Feb 26, 2010 2:35am
Quoting Clouds
U say you traded for 1-3 years? I don't think so. Screaming out to go long on one of the most bearish pairs.

Attachment
Everyone has his own view ,
I trade only with the trend ,Remember your post when e/j @ 129.xx
  • #17,679
  • Feb 26, 2010 2:36am Feb 26, 2010 2:36am
Quoting egkid
Sorry forget to tell you Yearly [email protected] Take out and guess what
My TP almost @ Yearly R1
If we retrace i will add sell depends on my MM then because have already many position open
Where r we E/J
http://www.forexfactory.com/showthre...id#post3389860
Bingo
Almost at yearly S1
Attached Image (click to enlarge)
Click to Enlarge Name: dej.gif Size: 21 KB
  • #17,680
  • Feb 26, 2010 2:40am Feb 26, 2010 2:40am
Quoting egkid
Everyone has his own view ,
I trade only with the trend ,Remember your post when e/j @ 129.xx
it was 127
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