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  • #213,821
  • Mar 19, 2010 7:40pm Mar 19, 2010 7:40pm
Quoting forex888
Sky, do yo have latest latest COT report please?

I feel my long now not safe anymore. it looks like this is the first time ever it close below doji. I think it can go to 1.3200 next week.
A break and close below the tails on the dojis is the time to quit. Entering with the proper risk is the key. A close below the tails should give you no more than a 3% loss (if you calculated your trade properly). A break to the down side and we can sell , making up 3% should be child's play.

No your longs aren't safe, this is Forex. We can only take what the market gives------- and you are in compete control of what you give the market.

Good luck, and if your not over extended we just enter the buying zone. Well I would like to see it a little lower.
  • #213,822
  • Mar 19, 2010 7:44pm Mar 19, 2010 7:44pm
Quoting TheLastCoke
You can be right Sky #343
Context, context....we'll see.
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  • #213,823
  • Mar 19, 2010 7:53pm Mar 19, 2010 7:53pm
Quoting PriceVolume
Context, context....we'll see.
That's what I always say........#316 ......and the list goes on and on and on.............
  • #213,824
  • Mar 19, 2010 7:57pm Mar 19, 2010 7:57pm
Quoting TheLastCoke
That's what I always say........#316 ......and the list goes on and on and on.............
Coke, you're like the freaking boy scouts....always prepared!
  • #213,825
  • Mar 19, 2010 7:59pm Mar 19, 2010 7:59pm
Quoting PriceVolume
Coke, you're like the freaking boy scouts....always prepared!

Made me laugh Buddy!!! . My wife thinks I'm crazy, laughing all by myself!!!!
  • #213,826
  • Mar 19, 2010 8:03pm Mar 19, 2010 8:03pm
Quoting TheLastCoke
Made me laugh Buddy!!! . My wife thinks I'm crazy, laughing all by myself!!!!
That's nothing. Mine thinks I'm having an affair with some foreign chick named Forex...
  • #213,827
  • Mar 19, 2010 8:28pm Mar 19, 2010 8:28pm
[quote=realjumper;3569029]if someone with not too much knowledge just blindly follows their calls, they will get burnt, and more importantly, will not understand WHY they got burnt.

i couldnt agee more, quote of the week i recon
  • #213,828
  • Mar 19, 2010 9:29pm Mar 19, 2010 9:29pm
I think certain people struggle to understand that "market can stay irrational longer than you can stay solvent." Even if USD does belong in a toilet it doesn't mean that now is the time. It could take months & maybe years before it's time will come to collapse.
Prices oscillate, trends persist. Trend is your friend.
  • #213,829
  • Mar 19, 2010 11:19pm Mar 19, 2010 11:19pm
thats what happens when they read too much opinions, commentary, reports,watch too much CNBC, blah,blah,blah,blah. Which doesn't really freaking matter.

They trade currency x and then after they buy or sell and price goes out their way, they want to look for these reports/opinions by others that have the same outlook as they have to "feed" to make them feel good about what they did. then they blast others that will have an opposite opinion about the trade they are in.


Quoting jsspmk
I think certain people struggle to understand that "market can stay irrational longer than you can stay solvent." Even if USD does belong in a toilet it doesn't mean that now is the time. It could take months & maybe years before it's time will come to collapse.
  • #213,830
  • Edited 12:26am Mar 20, 2010 12:12am | Edited 12:26am
Quoting SkyzerFX
What is that hawkish talk about, dear Monthly chart trader ? Let me guess?

You are so happy because

hairy Dollar finally move up few pips up and show some signs of live?

Please don't guess. Have you not learn anything about guesses? Stop embarassing yourself
See that little link at my footnote? You're one click away to see that I am not your weekly/monthly trader. Barking up the wrong tree fella



Quoting SkyzerFX
you can keep sleeping until you get LONG signal Popup on your weekly chart at 1.45
Weekly chart? you must be talking about yourself. longing from 1.5
Keep sleeping until you get SHORT signal popup on your weekly at 1.2
Now me? Not a chance. I pick no sides. I go both ways, I don't give a rats ass about dollar or euro or yuan in five years time. My time is always NOW, and keep those $ coming in. I am a currency trader, not a fortune teller.
And oh, just to prove my point, here's an example trade:
1. http://www.forexfactory.com/showpost...postcount=5319


So you're welcome sky lol
Thank You
  • #213,831
  • Mar 20, 2010 12:26am Mar 20, 2010 12:26am
Quoting wormboy
Please don't guess. Have you not learn anything about guesses? Stop embarassing yourself
See that little link at my footnote? You're one click away to see that I am not your weekly/monthly trader. Barking up the wrong tree fella


His post in this thread are very clear .. everyone who is long dollars i dont care which pair please log off from the FF.. i think he's just very biased.and he dont trade what always he say. which is misleading for the noobs.



Weekly chart? you must be talking about yourself. longing from 1.5
Keep sleeping...
His post in this thread are very clear .. everyone who is long dollars i dont care which pair please log off from the FF.. i think he's just very biased.and he dont trade what always he say. which is misleading for those who take seriously.
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #213,832
  • Mar 20, 2010 12:37am Mar 20, 2010 12:37am
That's what I see - all south to .3420

BUT I am beginner!!
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  • #213,833
  • Mar 20, 2010 12:42am Mar 20, 2010 12:42am
Quoting vulture
His post in this thread are very clear .. everyone who is long dollars i dont care which pair please log off from the FF.. i think he's just very biased.and he dont trade what always he say. which is misleading for those who take seriously.

Yes I agree, too biased. But, he can afford to be biased. He said it from the fall at 1.5 where he kept buying he is only trading microlots. You don't have to believe me, you can dig up his old post from December I'm pretty sure you'll find it hehe. No disrespect to anyone trading micros, but just trying to prove a point, it's easier to hold a 1500 pip drawdown and keep talking nonsense about the economy when the amount being traded is minute. Wouldn't be talking so much if its traded at 500k lotsizes I'm pretty sure.

Anyway, if you know sky long enough, you'll know he always find any sort of reason to justify himself. Not that we care, always need at least one clown to laugh at over the weekend when the market is quite lol
I'm outta here ... nice sunny saturday
Hope everyone have a great weekend.
Thank You
  • #213,834
  • Edited 1:28am Mar 20, 2010 12:51am | Edited 1:28am
Quoting traderpinoy
thats what happens when they read too much opinions, commentary, reports,watch too much CNBC, blah,blah,blah,blah. Which doesn't really freaking matter.

They trade currency x and then after they buy or sell and price goes out their way, they want to look for these reports/opinions by others that have the same outlook as they have to "feed" to make them feel good about what they did. then they blast others that will have an opposite opinion about the trade they are in.
I never think there is anything blast others when they go direct opposite to one or even a movement or any great trend also because I do believe traders can do good staying this opposite side also. pa goes everywhere ,every movements & never any staright as we all know & in doing so in a single 50 pips movement it may accomodate even 200pips for a single oneway one , may be 4 times more than one can see striaght ( surface area increase with more rough/gizgaz it be).

Yeah without concentrating to own plan if do more to others , all blah ,blah above will certainly damage the plan or any trade .so access knowledgeable matters ok , beyound break.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #213,835
  • Mar 20, 2010 1:40am Mar 20, 2010 1:40am
Quoting capitalx
I hate weekends. No trading happening.
I totaly hate weekends.
  • #213,836
  • Mar 20, 2010 3:37am Mar 20, 2010 3:37am
What do you think, where the market will go after weekend? :-) up or down
  • #213,837
  • Mar 20, 2010 3:57am Mar 20, 2010 3:57am
I have no ideea where the market is heading. not a clue. all over the world tens of thousands of trader look at the same prices, the same charts and see different things. add in the time frame differences - long term or scalpers - and then you have thousand of thousands of different perspectives and the machines are much better at crunching numbers than us. therefore i play it short when it goes down, long when it goes up and manage my position sizes. if i enter short and the market turns before i can make a profit, i enter long and hedge. i don t mind making money either ways
Andreyou
  • #213,838
  • Mar 20, 2010 3:57am Mar 20, 2010 3:57am
your guess is as good as everyone else

Quoting petertrader
What do you think, where the market will go after weekend? :-) up or down
  • #213,839
  • Mar 20, 2010 4:34am Mar 20, 2010 4:34am
Quoting petertrader
What do you think, where the market will go after weekend? :-) up or down
Definitely.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #213,840
  • Mar 20, 2010 4:43am Mar 20, 2010 4:43am
Quoting petertrader
What do you think, where the market will go after weekend? :-) up or down
the market will go online after the weekend.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
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