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  • #204,481
  • Mar 1, 2010 10:16pm Mar 1, 2010 10:16pm
Quoting 2+2=4ex
hello fellas. hope all is well. Only trading i've done this week is gold. She has been in a tight range. so any of you think we're gonna break down the gate at 3475 in the next 12 hours?
you may have a shot i just shorted aud..it might have a few hundred pips in it..
those who can, do. those who cant, talk about those who can
  • #204,482
  • Mar 1, 2010 10:17pm Mar 1, 2010 10:17pm
Quoting XTrade
Hey Euro Buds!

I see the loudmouth is gone....
Yep London is still falling!

Some brief commentary on EU zone debt / Greece / other members.
if interested
http://www.fxstreet.com/technical/ma...03-02.v03.html

That Afternoon session NY was dying to be shorted!
yes i have more positions on it then any other pair.
those who can, do. those who cant, talk about those who can
  • #204,483
  • Mar 1, 2010 10:18pm Mar 1, 2010 10:18pm
Come on... POP! POP! POP!
Make money or go broke... its the Forex way.
  • #204,484
  • Mar 1, 2010 10:19pm Mar 1, 2010 10:19pm
Quoting gatorinla
you may have a shot i just shorted aud..it might have a few hundred pips in it..
Could AU be EU part II??
  • #204,485
  • Mar 1, 2010 10:23pm Mar 1, 2010 10:23pm
Quoting gatorinla
yes i have more positions on it then any other pair.
gator, you think the rate decision today amplifies the run? big boys unloading on the bottom feeders right when value tops out??
  • #204,486
  • Mar 1, 2010 10:23pm Mar 1, 2010 10:23pm
Quoting 2+2=4ex
Could AU be EU part II??
i posted about that last week.. as goes commodities goes the rest. kiwi was on the edge last week. then pulled back. aud may be enough to do it. . i dont wont to get anyones hope up.. if it happens there will be time. time will tell.. its something we all have a heads up on.
those who can, do. those who cant, talk about those who can
  • #204,487
  • Mar 1, 2010 10:23pm Mar 1, 2010 10:23pm
Quoting 2+2=4ex
hello fellas. hope all is well. Only trading i've done this week is gold. She has been in a tight range. so any of you think we're gonna break down the gate at 3475 in the next 12 hours?
well i m going long to get to 1.36 area and from there i have a sell limit to take it all the way down
  • #204,488
  • Mar 1, 2010 10:28pm Mar 1, 2010 10:28pm
Long taking profit at 1.3611 on 65% of my longs and ill ride the rest with a small hedge (sell) to 1.3774 there ill close the 35% remaining of my longs and add to the current short position i have to a net profit taking ...............
  • #204,489
  • Mar 1, 2010 10:30pm Mar 1, 2010 10:30pm
Quoting nawafasad1
well i m going long to get to 1.36 area and from there i have a sell limit to take it all the way down
I'm not touching EU right now. I'm waiting for a move there and then I'll trade the retrace. I'll use the reaction (retrace) to get in rhythm as opposed to trying to anticipate the initial move. I hope the initial move is up so that I can ride the gatecrashing move.
  • #204,490
  • Mar 1, 2010 10:32pm Mar 1, 2010 10:32pm
That's it? That's all I get... Kick rocks
Make money or go broke... its the Forex way.
  • #204,491
  • Mar 1, 2010 10:35pm Mar 1, 2010 10:35pm
I think rate cut for Euro this thursday then we will see the euro deadly fall.
  • #204,492
  • Mar 1, 2010 10:37pm Mar 1, 2010 10:37pm
Quoting 2+2=4ex
I'm not touching EU right now. I'm waiting for a move there and then I'll trade the retrace. I'll use the reaction (retrace) to get in rhythm as opposed to trying to anticipate the initial move. I hope the initial move is up so that I can ride the gatecrashing move.
yes it s a good idea to go short on the pullback
  • #204,493
  • Mar 1, 2010 10:38pm Mar 1, 2010 10:38pm
Quoting Fxmastersclb
That's it? That's all I get... Kick rocks
I havnt givn up on it yet
  • #204,494
  • Mar 1, 2010 10:40pm Mar 1, 2010 10:40pm
Quoting grandpost
You are talking about sound trading......but how do you leave judgement upto "I felt", other wise you seem to trade your expertise of seeing the market for 6 yrs......It seems also you play odds well.....you talked about 5min and 15....I use 10.....have you tried having the 10 but with macd in your direction......
You are right about the odds.. As an engineer.. I do know numbers.. and lines.. the probabilities seem to appear..

I don't use the macd.. I probably should.. I do look at the sma's .. and the rsi's.. But for some reason.. I just look at the channels I draw.. and conclude that more times than not.. they hit and bounce.. and if they break.. that's a good trade in that direction..

btw.. my short was triggered and stopped out.. in the last few minutes..

As far as indicators go.. I look at it like this; .. It's like Fantasy Football.. You can look at all the stats of your players.. the teams.. the offenses and defenses.. when deciding who to start.. spend an hour on deciding which reciever to start.. and your starter lays a goose egg and the guy you benched has the game of his life.. I just think there is a point of over analyzing things..
  • #204,495
  • Edited 10:52pm Mar 1, 2010 10:41pm | Edited 10:52pm
Quoting Micjon
I havnt givn up on it yet
When do you give up?

My TP is 3450... Think I want to move that to 3475. My pending to effect 3525, I just want to see it to the good .
Make money or go broke... its the Forex way.
  • #204,496
  • Mar 1, 2010 10:47pm Mar 1, 2010 10:47pm
Quoting Fxmastersclb
When do you give up?
Not until the wife gives me that look
  • #204,497
  • Mar 1, 2010 10:48pm Mar 1, 2010 10:48pm
Quoting Noordin
Nice sharing dude thanks...
My pleasure.. I'm here to learn and see what others are thinking.. If I can give anything back, that would be cool too..
  • #204,498
  • Mar 1, 2010 10:54pm Mar 1, 2010 10:54pm
[quote=Micjon;3510877]Not until the wife gives me that look[/quote

Make money or go broke... its the Forex way.
  • #204,499
  • Mar 1, 2010 10:59pm Mar 1, 2010 10:59pm
Quoting Micjon
Not until the wife gives me that look
You know shorty after 12 them gremlins comeout... look like they're here...
Make money or go broke... its the Forex way.
  • #204,500
  • Mar 1, 2010 11:02pm Mar 1, 2010 11:02pm
Quoting Micjon
Not until the wife gives me that look
It is at this point the internet is worth it's weight in gold...
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