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  • #216,281
  • Mar 25, 2010 9:57am Mar 25, 2010 9:57am
Quoting freedom48
His last breath I hope
Hello freedon, do you think in long term now too?!??! Or you think that this fall from here, man!?!?
"Por mais fundo que seja o buraco, pelo menos esse não tem terra em cima"
  • #216,282
  • Mar 25, 2010 9:58am Mar 25, 2010 9:58am
Come on Uncle Ben make my day!

I need a better position to short
  • #216,283
  • Mar 25, 2010 10:02am Mar 25, 2010 10:02am
we are not monetizing the debt
  • #216,284
  • Mar 25, 2010 10:02am Mar 25, 2010 10:02am
shorting from here would be too slow going down.. we really do need 3440 i think
  • #216,285
  • Mar 25, 2010 10:03am Mar 25, 2010 10:03am
Looks like dips are being bought up .... maybe big boys are pricing a solution of Greece for the end of tomorrow ... if so we'll see euro retrace all it's fall
COT: The precious data ignored
  • #216,286
  • Mar 25, 2010 10:08am Mar 25, 2010 10:08am
Quoting desulute
Come on Uncle Ben make my day!

I need a better position to short
Same for me , just break successfully 1.3357 , 1.3458 max can expect & tp much less . will wait for next short entry.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #216,287
  • Mar 25, 2010 10:09am Mar 25, 2010 10:09am
Quoting cloggie
Bernie wants to bring the fed balance sheet under 1 trill.
He probably forgot that total US Fed obligations are over 70 trillion $
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #216,288
  • Mar 25, 2010 10:11am Mar 25, 2010 10:11am
Ok this is true today I have made ... let me count ... ok around 5 thousand pounds. Over 20 trades today in a row ALL successfull (no lie).

Of course its a demo account and playing 50 pound a point.

But my strategy might be of interest. Its a strategy where you buy and sell in space of 1 minute

1) Bet anyway in any direction dont over complicate it, when you are 2-4 points clear (200 pounds) quit. I set SL to 10 points away.
2) As soon as you exit, bet the other way. Dont get greedy as soon as 3-4 pips are in the pocket exit.

Okay so some trades i got like 10 - 20 points in one hit but I consider that the "lucky bit".

Skimming 3 - 4 pips in one minute is just mathematical and concrete.

Obviously down side is that if I get hit out by SL it would take between 3-5 trades to make up the losses.

Anyone tried my strategy before. It may sound stupid but as that quote goes "If the fools continues in his folly he may turn wise"
  • #216,289
  • Mar 25, 2010 10:12am Mar 25, 2010 10:12am
Quoting ozobU
we are not monetizing the debt
Right, why bother, just print money quietly..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #216,290
  • Mar 25, 2010 10:13am Mar 25, 2010 10:13am
Quoting Clouds
shorting from here would be too slow going down.. we really do need 3440 i think
I'm with you man, i believe that we musto go upper first
"Por mais fundo que seja o buraco, pelo menos esse não tem terra em cima"
  • #216,291
  • Mar 25, 2010 10:13am Mar 25, 2010 10:13am
Quoting SkyzerFX
Maybe this?

"BRUSSELS -(Dow Jones)- Greek Prime Minister George Papandreou said Thursday that he supported a mechanism that
would allow his country and others in the euro zone that are hit by financial speculation to borrow through the European Commission....
Thank you for this..it might help
  • #216,292
  • Mar 25, 2010 10:15am Mar 25, 2010 10:15am
Quoting DrLobo
Ok this is true today I have made ... let me count ... ok around 5 thousand pounds. Over 20 trades today in a row ALL successfull (no lie).

Of course its a demo account and playing 50 pound a point.

But my strategy might be of interest. Its a strategy where you buy and sell in space of 1 minute

1) Bet anyway in any direction dont over complicate it, when you are 2-4 points clear (200 pounds) quit. I set SL to 10 points away.
2) As soon as you exit, bet the other way. Dont get greedy as soon as 3-4 pips are in the pocket exit.

Okay so some trades...
to me, that sounds too risky. you're using big lots is because you're dealing with play money, which takes the emotion aspect out of trading. if you really want to learn and experience real trading, then go open a micro or mini account.
  • #216,293
  • Mar 25, 2010 10:17am Mar 25, 2010 10:17am
Quoting kommo
Thank you for this..it might help
You're welcome
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #216,294
  • Mar 25, 2010 10:19am Mar 25, 2010 10:19am
ahhhh good point but its back over to you because surely there is less emotion when all you are targetting is 4 pips instead of 40-80 PIPS as some traders do.

I blew my (small) live account despite predicting last week that Euro would come down to todays prices. Thats because in a long term bet like that when market moves against you 50 points, you got to have balls of steel to hang on to it.



Quoting 9000rpm
to me, that sounds too risky. you're using big lots is because you're dealing with play money, which takes the emotion aspect out of trading. if you really want to learn and experience real trading, then go open a micro or mini account.
  • #216,295
  • Mar 25, 2010 10:20am Mar 25, 2010 10:20am
Quoting DrLobo
Ok this is true today I have made ... let me count ... ok around 5 thousand pounds. Over 20 trades today in a row ALL successfull (no lie).

Of course its a demo account and playing 50 pound a point.

But my strategy might be of interest. Its a strategy where you buy and sell in space of 1 minute

1) Bet anyway in any direction dont over complicate it, when you are 2-4 points clear (200 pounds) quit. I set SL to 10 points away.
2) As soon as you exit, bet the other way. Dont get greedy as soon as 3-4 pips are in the pocket exit.

Okay so some trades...
don't trade with that kind of RRR, it's just not worth it

think about it, if you're gambling in horse races, or any other stuff like that

would you bet $100 to get only $20~30 if you're right? REALLY?
  • #216,296
  • Mar 25, 2010 10:22am Mar 25, 2010 10:22am
triple top scalp sell 15 pips
  • #216,297
  • Mar 25, 2010 10:23am Mar 25, 2010 10:23am
Quoting DrLobo
ahhhh good point but its back over to you because surely there is less emotion when all you are targetting is 4 pips instead of 40-80 PIPS as some traders do.

I blew my (small) live account despite predicting last week that Euro would come down to todays prices. Thats because in a long term bet like that when market moves against you 50 points, you got to have balls of steel to hang on to it.
so you were a long term trader and now you want to be a scalper?
  • #216,298
  • Mar 25, 2010 10:26am Mar 25, 2010 10:26am
Quoting DrLobo
...... Thats because in a long term bet like that when market moves against you 50 points, you got to have balls of steel to hang on to it.
Not balls of steel, just the ability to switch off the computer and run a few marathons to forget.
  • #216,299
  • Mar 25, 2010 10:27am Mar 25, 2010 10:27am
You are right I would not do that. But maybe this is different.

Maybe the difference is that there is something like 99% chance of hitting 2-4 pips in 1 minute not matter what direction trade is going in ? (the horse on the hand has alot less chance)

I had 3K in my demo account this morning, I started using this strategy and its upto to 8k.

Maybe its a lucky day ...

Quoting Jack Herer
don't trade with that kind of RRR, it's just not worth it

think about it, if you're gambling in horse races, or any other stuff like that

would you bet $100 to get only $20~30 if you're right? REALLY?
  • #216,300
  • Mar 25, 2010 10:29am Mar 25, 2010 10:29am
Quoting Jack Herer
don't trade with that kind of RRR, it's just not worth it

think about it, if you're gambling in horse races, or any other stuff like that

would you bet $100 to get only $20~30 if you're right? REALLY?
Depends on the win ratio. If you win 95% of the time, yes. If the horse you bet has won 90% of the time I'd throw down $100 to win $20. Everyone has build their own system, and the objective is profit.
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