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Silent Service Method

  • #7,661
  • Mar 18, 2010 6:26pm Mar 18, 2010 6:26pm
Quoting soso
That's interesting. Do you find that your trend trades do better than you ct ones? Or your profitability is about the same for both trend & ct trades? Just curious, because I find that the trades that hurt me most are ct ones.


Thanks, been following this thread since forever, just was more active in Strat's thread.

I would agree, that the trend trade DO work out better overall, but of course it comes down to the individual set up. It might just be a matter of me being more comfortable with trend trades, and thus letting them run farther???
  • #7,662
  • Edited 7:54pm Mar 18, 2010 7:40pm | Edited 7:54pm
Quoting samer960
Nice engulfing bar on weekly , some of u guys r already short , as our friend wh1zz0 said patience is key .
please Golfer can u take it up a little bit so i can short it at 0.9 and my friend calderone can add a new short .
thanks in advance golfer
samer
LOL.. you such a funny guy.

However, seriously speaking, in my opinion, as far as E/G is concerned I'd rather wait to go long if/when I get some nice PA around 0.8850 ppz or otherwise. Anyway, let's keep our fingers crossed.

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Remember: A symmetrical triangle in an uptrend is bullish.
  • #7,663
  • Mar 18, 2010 8:19pm Mar 18, 2010 8:19pm
Quoting samer960
Nice engulfing bar on weekly , some of u guys r already short , as our friend wh1zz0 said patience is key .
please Golfer can u take it up a little bit so i can short it at 0.9 and my friend calderone can add a new short .
thanks in advance golfer
samer

Hey samersoros,

No problem my friend....50 lot long buy limit .8650....that should do it !!!

Calderone might not be to happy though...he's short 20 at .9080.

Hey let me know when your going to plunge the euro again...I have to get some more capital so I can jump with you !!!

your the best,

golfer
  • #7,664
  • Mar 18, 2010 8:21pm Mar 18, 2010 8:21pm
Quoting wh1zz0
LOL.. you such a funny guy.

However, seriously speaking, in my opinion, as far as E/G is concerned I'd rather wait to go long if/when I get some nice PA around 0.8850 ppz or otherwise. Anyway, let's keep our fingers crossed.

Attachment

Attachment


Remember: A symmetrical triangle in an uptrend is bullish.


Seriously...thats what I'm thinking according to the charts.


golferfx
  • #7,665
  • Mar 18, 2010 8:22pm Mar 18, 2010 8:22pm
Quoting golferfx
Hey samersoros,

No problem my friend....50 lot long buy limit .8650....that should do it !!!

Calderone might not be to happy though...he's short 20 at .9080.

Hey let me know when your going to plunge the euro again...I have to get some more capital so I can jump with you !!!

your the best,

golfer

OMG... ONLY 50? I was thinking you'd make it 500 ..
  • #7,666
  • Mar 18, 2010 8:33pm Mar 18, 2010 8:33pm
Quoting wh1zz0
OMG... ONLY 50? I was thinking you'd make it 500 ..


  • #7,667
  • Mar 18, 2010 8:37pm Mar 18, 2010 8:37pm
Actually I'm just following currency dale lately and have been losing money...hhhmmmm


  • #7,668
  • Mar 18, 2010 9:21pm Mar 18, 2010 9:21pm
All this talk of triangles, I thought I would post one that I saw:

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Still waiting for it to do something...we'll see how it plays out.
  • #7,669
  • Mar 18, 2010 9:43pm Mar 18, 2010 9:43pm
Quoting InfinitySL
All this talk of triangles, I thought I would post one that I saw:

Attachment

Still waiting for it to do something...we'll see how it plays out.
Yeah I've also had my eyes on this one too. I expect it to break down though as it looks more like a descending triangle rather than a symmetrical. You can obviously see the series of progressively lower highs and relatively even lows.

Symmetrical triangles often indicate a continuation in the prevailing trend while a descending triangle in an uptrend often indicates a reversal.
  • #7,670
  • Mar 18, 2010 9:57pm Mar 18, 2010 9:57pm
If you are not in any positions at the moment, leave it be for a few days.

Over the weekend, the US Congress is going to try and pass health care. There are a lot of taxes buried in this thing, one of which is an increase in cap gains taxes, dividend taxes, and several anti-business taxes. While I am not going to get into a political debate about this, one thing is clear:

At the end of the weekend, we are going to either have it pass, or not. The stock markets in the US should be very interesting to watch. I am not exactly sure how they will react, but I wouldn't want to gamble with any positions going into it, unless I had already planned it out. It is possible this could be a bit of a change in market sentiment....and as such, the currency markets could follow.

Chris
  • #7,671
  • Mar 18, 2010 10:05pm Mar 18, 2010 10:05pm
Quoting clockwork71
If you are not in any positions at the moment, leave it be for a few days.

Over the weekend, the US Congress is going to try and pass health care. There are a lot of taxes buried in this thing, one of which is an increase in cap gains taxes, dividend taxes, and several anti-business taxes. While I am not going to get into a political debate about this, one thing is clear:

At the end of the weekend, we are going to either have it pass, or not. The stock markets in the US should be very interesting to watch. I am not exactly sure how they...
Thanks for the insights Chris.
  • #7,672
  • Mar 19, 2010 1:22am Mar 19, 2010 1:22am
hi
i agree with you , i will look for a long too at 0.8850 area , i was just thinking that this appetizing engulfing we are having now on weekly might give me a 100 pips , until reaching 8850 , thats why i asked golfer for help . but it seems he is not willing to invest more than 50 lots , maybe he will change his mind and go for 500 lots .
by the way i always appreciate your comments
thank you
samer

Quoting wh1zz0
LOL.. you such a funny guy.

However, seriously speaking, in my opinion, as far as E/G is concerned I'd rather wait to go long if/when I get some nice PA around 0.8850 ppz or otherwise. Anyway, let's keep our fingers crossed.

Attachment

Attachment


Remember: A symmetrical triangle in an uptrend is bullish.
  • #7,673
  • Mar 19, 2010 2:24am Mar 19, 2010 2:24am
Quoting samer960
hi
but it seems he is not willing to invest more than 50 lots , maybe he will change his mind and go for 500 lots .
samer
LOL
  • #7,674
  • Mar 19, 2010 8:32am Mar 19, 2010 8:32am
Golfer! Thanks for taking e/g up so I could add another position. I'm sorry to say I dropped a gear in my ferrari last night and missed the opportunity! OK, I was watching movies and sleeping.

I have moved my stop down to lock in some profit and I will also watch that 8850 area for some buying action. lol

Chris-thanks for the insight on the stock market, I know you're right I just don't usually think about fundamentals and could have gotten blindsided.
  • #7,675
  • Mar 19, 2010 8:36am Mar 19, 2010 8:36am
Quoting calderone
Golfer! Thanks for taking e/g up so I could add another position. I'm sorry to say I dropped a gear in my ferrari last night and missed the opportunity! OK, I was watching movies and sleeping.

I have moved my stop down to lock in some profit and I will also watch that 8850 area for some buying action. lol

Chris-thanks for the insight on the stock market, I know you're right I just don't usually think about fundamentals and could have gotten blindsided.

True...I try not to focus too much on the fundies either - but hell.....with everything that's going on - who knows what the next move is?
  • #7,676
  • Mar 19, 2010 8:37am Mar 19, 2010 8:37am
Quoting samer960
hi
i agree with you , i will look for a long too at 0.8850 area , i was just thinking that this appetizing engulfing we are having now on weekly might give me a 100 pips , until reaching 8850 , thats why i asked golfer for help . but it seems he is not willing to invest more than 50 lots , maybe he will change his mind and go for 500 lots .
by the way i always appreciate your comments
thank you
samer

Yeah.....golfer is cheap like that. You will be hard pressed to get him to go over 50. lol
  • #7,677
  • Mar 19, 2010 8:47am Mar 19, 2010 8:47am
Bloomberg just said that the inside selling to buying in the US Stock Markets is

57 selling for every 1 buying.....not good.
  • #7,678
  • Edited 12:33pm Mar 19, 2010 11:43am | Edited 12:33pm
well GJ met 1.3900 . and now it is 1.3565 . a very nice 330 pip
have a great week
samer


Quoting samer960
hammer on weekly , look like it is going to meet 139 area where hopefully we can short it again . if no well there is always 143 area . not so far these levels with this pair . one or 2 pills of patience made by chris ,can help to wait
  • #7,679
  • Mar 19, 2010 4:41pm Mar 19, 2010 4:41pm
how about this FTSE 100 one? worth watching next week maybe?
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  • #7,680
  • Mar 19, 2010 5:52pm Mar 19, 2010 5:52pm
forgot to mention, there's a bit of macd divergence on the daily
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