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  • #212,761
  • Mar 18, 2010 9:21am Mar 18, 2010 9:21am
What a scary market
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #212,762
  • Mar 18, 2010 9:25am Mar 18, 2010 9:25am
EURO-DOLLAR: Some decent bids emerging sub $1.3680 in current trading
but flows otherwise failry muted as the euro tries to find the weaker
side of the rate in current trade. Bids remain under the overnight low
to $1.3640 with stops below, offers $1.3700 area as traders keep a wary
eye for further Greece/Germany rhetoric which seems to be heating up.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #212,763
  • Mar 18, 2010 9:25am Mar 18, 2010 9:25am
will join your party above 92. but real celebration will start for me above 37. only will put sl at be there.



Quoting SkyzerFX
dreams do come true.
  • #212,764
  • Mar 18, 2010 9:27am Mar 18, 2010 9:27am
Quoting Mr J
If someone learns a lot from reading the Art of War, they didn't start with much. It's a lot like the "Dummies For...." line of books.

I usually dont say this very often, but you completely wrong....have you read all of it? Put it into context of the time it was written(6th century BC).... Sun Tzu thought that strategy was not planning established list of tasks, but strategy required quick and appropriate responses to changing conditions. Now if that cannot be associated directly with trading then.... my advice to you is think before you write from now on.
  • #212,765
  • Mar 18, 2010 9:31am Mar 18, 2010 9:31am
Atlast,

Can you spare a General from one of your units to help me get out of the trenches?

I have dug a pretty big FOXHOLE and am not sure if my troops will make it out alive.....hell, I don;t even think I'm making it out alive......

Can I see your battle plans...I am sure we are on the same side....this is a World War on Forex and I need you to be an ALLIE to me!

I was waiting to enter on a re-test at 3647 but we didnt get there....came close...

This month wiped me out.....to many LONG and SHORT arguments....each side would win and lose.....I always picked the losing times on each side!!!

Ready to throw in the white flag but not sure if anyone would see it anyway!
  • #212,766
  • Mar 18, 2010 9:36am Mar 18, 2010 9:36am
Quoting IMARICH1
Atlast,

Can you spare a General from one of your units to help me get out of the trenches?

I have dug a pretty big FOXHOLE and am not sure if my troops will make it out alive.....hell, I don;t even think I'm making it out alive......

Can I see your battle plans...I am sure we are on the same side....this is a World War on Forex and I need you to be an ALLIE to me!
OK. 1.3668, then 1.3641 as defence lines. you can't go wrong with tight stops.
1.3714 as line to watch also, bigger picture above 1.3900

P.S. oops, just realised, typ0 1.3658 not 1.3668 (pitchfork 50% on small TF)
  • #212,767
  • Mar 18, 2010 9:38am Mar 18, 2010 9:38am
Thanks! Appreciate it!

I had 3644 on the radar as a Big number......it is a HUGE SUPPORT!!!!
  • #212,768
  • Mar 18, 2010 9:38am Mar 18, 2010 9:38am
Quoting AMuharram
What a scary market
its insane, it could go anywhere
  • #212,769
  • Mar 18, 2010 9:40am Mar 18, 2010 9:40am
usdcad got stopped out at 1.0124 as I moved sl further down during the day, not sure if this was good or not but I had to protect money. With stocks giving away their gain Dollar strength is emerging.
-26 pips 2nd looser in a row hmmm
Trade on your own risk Plan your trade&trade your plan dont be a
  • #212,770
  • Mar 18, 2010 9:45am Mar 18, 2010 9:45am
IMarichi 1, in case you, or others following my commentary for today didn't realise, I am trading the small TF, with analysis in all the TF you see me use. For example, 9 trades taken today so far, 1 loss -2 pips, all others gave double the pip range we've seen since london open. Hope that is clear, in other words, you have to know when to get out.
  • #212,771
  • Mar 18, 2010 9:47am Mar 18, 2010 9:47am
Quoting Atlast
IMarichi 1, in case you, or others following my commentary for today didn't realise, I am trading the small TF, with analysis in all the TF you see me use. For example, 9 trades taken today so far, 1 loss -2 pips, all others gave double the pip range we've seen since london open. Hope that is clear, in other words, you have to know when to get out.
wise words
Trade on your own risk Plan your trade&trade your plan dont be a
  • #212,772
  • Mar 18, 2010 9:47am Mar 18, 2010 9:47am
Quoting Trading Cat
usdcad got stopped out at 1.0124 as I moved sl further down during the day, not sure if this was good or not but I had to protect money. With stocks giving away their gain Dollar strength is emerging.
-26 pips 2nd looser in a row hmmm
i think with the current price move, buy low sell high is very good opportunity with trailing stop. How much margin do u use per trade buddy?
  • #212,773
  • Mar 18, 2010 9:49am Mar 18, 2010 9:49am
Quoting essenza
i think with the current price move, buy low sell high is very good opportunity with trailing stop. How much margin do u use per trade buddy?
this was just a small 10k trade margin40€ so it really didnt hurt. Its just bad for my performance.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #212,774
  • Mar 18, 2010 9:50am Mar 18, 2010 9:50am
Break dance my thoughts in the morning comes to realize 13615 can be the new name of the game...some minutes later we will know
" Accepting losses is the most important single investment devise "
  • #212,775
  • Mar 18, 2010 9:52am Mar 18, 2010 9:52am
Ranging day pffff....so boring...i'll close plateform after london close if there is no big move
COT: The precious data ignored
  • #212,776
  • Mar 18, 2010 9:53am Mar 18, 2010 9:53am
Quoting mfoste1
I usually dont say this very often, but you completely wrong....have you read all of it? Put it into context of the time it was written(6th century BC).... Sun Tzu thought that strategy was not planning established list of tasks, but strategy required quick and appropriate responses to changing conditions. Now if that cannot be associated directly with trading then.... my advice to you is think before you write from now on.
No, I'm saying that after some thought, an intelligent person will draw similar conclusions to those in the book. It's only held in such high regard because the majority of people rarely think for themselves, and often miss the obvious. There's no point arguing about this; I have my opinion and you have yours, and I doubt either will change.
  • #212,777
  • Mar 18, 2010 9:55am Mar 18, 2010 9:55am
so 1.3685 & 94 worked again & I closed long there & left.rightly bear continuation working.
Anyway in h1 buy cd continues with the 8# running present. so to confirm a buy signal price may back below the close of this candle by min 5 or more H1 candle , that is if go up will down there if buy to continue or next bounce . But it easily can down to the next tl & stay there .
lets see what next staying below to test break tl & down or again up?
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #212,778
  • Mar 18, 2010 9:56am Mar 18, 2010 9:56am
Quoting DrLobo
its insane, it could go anywhere
All because Equity Markets topping, but in mid Trend Dollar going to

fall.. Dead cat bounce sometimes... VOL telling me that there is a buyers in EUR

on every dip. We've been in like 25 pips range..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #212,779
  • Mar 18, 2010 9:57am Mar 18, 2010 9:57am
I still don;t know how you do it! I was doing well from Dec to February and then .......the sirens went off and the scud missles hit out of nowhere....

Of course, you left the board as well~ You are an awesome trader and anyone that is new needs to know you are very good at trading! I just wish I could do it myself like you do!

How do you trade on the smaller time frames? Do you use a fork on the 3 min chart? I don't have the ability to do a 3 min TF......I only have 1m and 5m.....
  • #212,780
  • Mar 18, 2010 9:57am Mar 18, 2010 9:57am
closing rest of short at 3653 and opening long looking for a bounce above 37....stop below 3634
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