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  • #210,581
  • Mar 12, 2010 8:14am Mar 12, 2010 8:14am
Quoting uraceulose
I got back in on the bounce off of R3 there, thx to your videos M! Stop at +15 now.
do you expect it to go lower than r2 after london closed? i would expect it, but i am not sure.
  • #210,582
  • Mar 12, 2010 8:16am Mar 12, 2010 8:16am
Quoting Trading Cat
sorry of topic
i am short from 1.0215
  • #210,583
  • Mar 12, 2010 8:17am Mar 12, 2010 8:17am
Looking at the three dojis on the weekly chart. We could be heading up to 1.387 by next week
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  • #210,584
  • Mar 12, 2010 8:18am Mar 12, 2010 8:18am
Quoting acumen
another pivot convert.

a sure way to win long term... pivots.

m
I got in long R2 1.3730 SL always 20...closed half at .3760, stops BE and let the rest run

acumen, I know you usually scalp, but I would like to know how you manage your trades, thanks
  • #210,585
  • Mar 12, 2010 8:18am Mar 12, 2010 8:18am
Quoting dbfusion
i doub't seeing anymore the 3700 any time soon
IMHO
He-he what's wrong with that? People here still see 1.20

1.00 or even 0.95.. Instead we might be back on the way to 1.50

again. Largest DEBT in the world country must have weakest currency,

do debase and inflate the Debt. Looks like no more Grease, Portugal, Spain

whoever media created BS.. Back to the basics, everyone back on

shorting the Greenback,- business as usual..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #210,586
  • Mar 12, 2010 8:21am Mar 12, 2010 8:21am
Quoting Mr Hatch
do you expect it to go lower than r2 after london closed? i would expect it, but i am not sure.

I really don't but don't take my word for it. that 3750 is a psyche level...I'll probably try another long at 50 w/ a really tight stop if we get down there.

These are just small lots for me today ALL. It's friday so we all know to be careful.
  • #210,587
  • Mar 12, 2010 8:22am Mar 12, 2010 8:22am
Quoting Jack Herer
I got in long R2 1.3730 SL always 20...closed half at .3760, stops BE and let the rest run

acumen, I know you usually scalp, but I would like to know how you manage your trades, thanks
Do you watch the videos?
  • #210,588
  • Mar 12, 2010 8:23am Mar 12, 2010 8:23am
Quoting uraceulose
I got back in on the bounce off of R3 there, thx to your videos M! Stop at +15 now.
+45 now, stop moved to +25
  • #210,589
  • Mar 12, 2010 8:23am Mar 12, 2010 8:23am
Quoting uraceulose
Do you watch the videos?
only the ones he posts here, are there any others?
  • #210,590
  • Mar 12, 2010 8:23am Mar 12, 2010 8:23am
Quoting Jack Herer
I got in long R2 1.3730 SL always 20...closed half at .3760, stops BE and let the rest run

acumen, I know you usually scalp, but I would like to know how you manage your trades, thanks
i do take some scalps during the day but my core approach has been moved to day trading.

i like a 75 PIP stop trading no more than 1% on each trade.

if it's a system trade i'm looking for 30 PIPS. (the majors often move in 30 PIP increments) if i like the trade i take 1 lot at 30 and the SL goes to BE.

if i don't like the market... like this week... i'm out at 30 both lots.

m
  • #210,591
  • Mar 12, 2010 8:23am Mar 12, 2010 8:23am
Quoting SkyzerFX
He-he what's wrong with that? People here still see 1.20

1.00 or even 0.95.. Instead we might be back on the way to 1.50

again. Largest DEBT in the world country must have weakest currency,

do debase and inflate the Debt. Looks like no more Grease, Portugal, Spain

whoever media created BS.. Back to the basics, everyone back on

shorting the Greenback,- business as usual..
I am just saying my view . just IMHO

I don't care about fundamental stuff . I only say what technical tells me

the day was like an open book and I don't see reason so far for failing the last chapters
I SEE YOU !!
  • #210,592
  • Mar 12, 2010 8:24am Mar 12, 2010 8:24am
Quoting Jack Herer
only the ones he posts here, are there any others?
Yes, go to thefxpivotpoint.com and download the december videos. I don't think the october/november work anymore but there are quite few in December and acumen is great at explaining his trades imo.
  • #210,593
  • Mar 12, 2010 8:25am Mar 12, 2010 8:25am
Quoting SkyzerFX
He-he what's wrong with that? People here still see 1.20

1.00 or even 0.95.. Instead we might be back on the way to 1.50

again. Largest DEBT in the world country must have weakest currency,

do debase and inflate the Debt. Looks like no more Grease, Portugal, Spain

whoever media created BS.. Back to the basics, everyone back on

shorting the Greenback,- business as usual..
That's a bit premature.. I would keep a couple of things in mind:
1. We have a major correction in equities coming.. will give dollar strenght.
2. The Euro is a fiat currency and the EZ faces serious issues.

I think the U.S. Dollar will be used as wall paper some day.. but the difference is, I think the EUR will too..
  • #210,594
  • Mar 12, 2010 8:26am Mar 12, 2010 8:26am
Quoting uraceulose
Yes, go to thefxpivotpoint.com and download the december videos. I don't think the october/november work anymore but there are quite few in December and acumen is great at explaining his trades imo.
those videos are old... i didn't know any of them worked.

new site soon.

i'll be posting all of my analysis on my YouTube Channel.

m
  • #210,595
  • Mar 12, 2010 8:27am Mar 12, 2010 8:27am
Quoting acumen
those videos are old... i didn't know any of them worked.

new site soon.

i'll be posting all of my analysis on my YouTube Channel.

m


Yep, I still watch the decembers every few weeks. And you know I'll be following along on youtube.

Thank you again so much M!
  • #210,596
  • Mar 12, 2010 8:28am Mar 12, 2010 8:28am
probably up to 1.384 then down to 1.365 region and then back above 1.39. Good place to do up and down moves. I hope people bought at 1.36 lvls
  • #210,597
  • Mar 12, 2010 8:29am Mar 12, 2010 8:29am
Quoting acumen
i do take some scalps during the day but my core approach has been moved to day trading.

i like a 75 PIP stop trading no more than 1% on each trade.

if it's a system trade i'm looking for 30 PIPS. (the majors often move in 30 PIP increments) if i like the trade i take 1 lot at 30 and the SL goes to BE.

if i don't like the market... like this week... i'm out at 30 both lots.

m
do you follow that old rule "above PP only buy, below only sell"?
  • #210,598
  • Mar 12, 2010 8:34am Mar 12, 2010 8:34am
Quoting uraceulose
I really don't but don't take my word for it. that 3750 is a psyche level...I'll probably try another long at 50 w/ a really tight stop if we get down there.

These are just small lots for me today ALL. It's friday so we all know to be careful.

This is why I said maybe not today...edit: i'm goin back to sleep for a bit. alarms set

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  • #210,599
  • Mar 12, 2010 8:36am Mar 12, 2010 8:36am
Don't forget futures roll over today.
Sorry if this has been previously posted.
  • #210,600
  • Mar 12, 2010 8:37am Mar 12, 2010 8:37am
Quoting Jack Herer
do you follow that old rule "above PP only buy, below only sell"?
I'm trading a retrace system so yes but...

I will sell pivot levels or psyches. (like .3800)

m
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