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  • #224,961
  • Apr 13, 2010 10:57am Apr 13, 2010 10:57am
Thanks Atlast!

I just enter at the wrong time even though it appears to be a good trade.....I took a Short now on Eu and looks like I should have waited....I guess thats a signal for everyone to go LONG now....

Perhaps, i should have waited again but that's my biggest problem...I wait and then get in when i see was right.....which is too late!!!

You are so good at this!!! You make it look so easy!!! Any newbie following.....I have watched Atlast trade for over a year.....he knows what he is doing and makes profit....I built my account up from his help along with Gator's....and blew it up when he left for awhile and decided to use POOR MM to make winning trades....I can make good trades but I just lack the edge!!! Someday maybe.....

Thanks again Atlast!
  • #224,962
  • Apr 13, 2010 10:57am Apr 13, 2010 10:57am
Divergence on 1 min we test .3585 and tank again.
Attached Image
Founder of Sutherland Wave Principle
  • #224,963
  • Apr 13, 2010 10:59am Apr 13, 2010 10:59am
Quoting Buckscoder
Nah, that's just a tuned one. This is the original dragon chart, (c) and tm by me:

edit: The dragon gets some horns on its yaw.
Ah, but we can only see the neck and head there.

Last 36 hours is one of the times that makes me wish I was one of these bottom feeders...I mean scalpers . Maybe I'll get lucky and the hoped US crash starts this week.
  • #224,964
  • Apr 13, 2010 11:00am Apr 13, 2010 11:00am
Quoting ak4x
absolutist sounding One Liners
Definitely not with that intention. Plus i did not mention s/r lines but trendlines. Anyways just rhetoric ping pong. Maybe you lost some humor or never had it? As long as the jokes go not your way around? Just a thought, tho. You probably know the proverb: "If you take it too seriously, you lose."

Quote
Enjoy...

We'll see, thanks anyways. Always appreciate new food for thought, just would like it a bit less in a "i know it all and you are the newbie poster" style. I do in computers since almost 30 years. I for me can and always said in this thread that I do trading for sports and you even quoted that. I even said I am terrible with manual trading. So, don't know what show do you want to start here. Letz just be mature investors with some quick jokes and most of the time some charts which makes sense. Plus some opinions everybody can agree or disagree on its own. Or not?
Sometimes I lose. Sometimes the others win.
  • #224,965
  • Apr 13, 2010 11:03am Apr 13, 2010 11:03am
Quoting Mr J
Ah, but we can only see the neck and head there.

Last 36 hours is one of the times that makes me wish I was one of these bottom feeders...I mean scalpers . Maybe I'll get lucky and the hoped US crash starts this week.
Well, I just wait and watch now. Can't lose with that.
Sometimes I lose. Sometimes the others win.
  • #224,966
  • Apr 13, 2010 11:07am Apr 13, 2010 11:07am
It looks like GU may hit lower but I am not taking the trade and will let it pass. Running commentary just to make a point that dicretionary trading requires extreme discipline of when to trade. If you don't take the trade you don't lose.
  • #224,967
  • Apr 13, 2010 11:18am Apr 13, 2010 11:18am
Quoting Buckscoder
Well, I just wait and watch now. Can't lose with that.
Living expenses = lose if I don't make money. Eh, for the year or so I've been trading, something has always been around the corner.
  • #224,968
  • Apr 13, 2010 11:19am Apr 13, 2010 11:19am
dow turned positive
hang on to your bread......unless you want toast
  • #224,969
  • Apr 13, 2010 11:21am Apr 13, 2010 11:21am
Sell EU for me, 3 pip away from perfect, loose stop. Waiting GU.
  • #224,970
  • Apr 13, 2010 11:22am Apr 13, 2010 11:22am
2hour hammer candle to me indicates there might be a bull run, on the other hand we also had inverted hammer one candle back. Wouldnt be shortin here imho. Im with bulls, lets see how this hammer plays out.

http://i.imagehost.org/0114/1112.jpg
  • #224,971
  • Apr 13, 2010 11:24am Apr 13, 2010 11:24am
Quoting ak4x
Ditto here...

Nothing actually... sincerely hoping the best for you in all your future endeavours and sorry to have come across sideways with you.
No problem, sir! With pipe and everything if you like!

As I said, I am thankful for every new opinion and you inspired me as many others. I just have my own style in trading and how to look at things. I guess that makes me profitable or at least not be a loser.

Back to business. Always great trades and a lot of profits to your account!
Sometimes I lose. Sometimes the others win.
  • #224,972
  • Apr 13, 2010 11:25am Apr 13, 2010 11:25am
Atlast....

I am sure you used the 3 min fork.....I have to use 5 min.....but is this what you saw?......I would have waited if i would have done this earlier.....

TP at 3550? or you looking for a break?

Thanks
Attached Image (click to enlarge)
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  • #224,973
  • Apr 13, 2010 11:28am Apr 13, 2010 11:28am
Already 10 pips in profit EU, could take my profit here and run, but instead setting SL to BE
  • #224,974
  • Apr 13, 2010 11:28am Apr 13, 2010 11:28am
Hi! I have a question: i dont care if price goes up or down but does anybody know when will the volatility pick up? I mean are there any important news today or tomorrow that might start to move eur/usd (no matter up or down)/ banks that forgot that today is tuesday or should we expect further lack of volatility?
  • #224,975
  • Apr 13, 2010 11:28am Apr 13, 2010 11:28am
ok just executed a short eu @ 3583 1 min back
  • #224,976
  • Apr 13, 2010 11:31am Apr 13, 2010 11:31am
Quoting IMARICH1
Atlast....

I am sure you used the 3 min fork.....I have to use 5 min.....but is this what you saw?......I would have waited if i would have done this earlier.....

TP at 3550? or you looking for a break?

Thanks
yes, TP is flexible. Partial 1.3567. The GU hasn't made the level to short so there's a potential volatility yet that could shake you out.
  • #224,977
  • Apr 13, 2010 11:31am Apr 13, 2010 11:31am
where are we going medium-term?
my charts are telling me, there should be some bullish movements, my sentiment and fundamental hints are pointing to 1.0. then again, we are trapped in this consolidation... clueless. don't wanna flip coins.
  • #224,978
  • Apr 13, 2010 11:40am Apr 13, 2010 11:40am
Moving stop to 1.3584, to lock in profit and trailing 3 bar high.
Critical point here, looking for a large range bar or the market may decide to take out my stop.
  • #224,979
  • Apr 13, 2010 11:40am Apr 13, 2010 11:40am
Quoting BlueGas
2hour hammer candle
No, check the 4hr - dragon has fangs.
  • #224,980
  • Apr 13, 2010 11:40am Apr 13, 2010 11:40am
Quoting Mr J
Living expenses = lose if I don't make money. Eh, for the year or so I've been trading, something has always been around the corner.
Ok, that makes sense. I am in the situation right now that I do not need that money from forex. Not with my robots trading and not with my manual trading. I just do it to start my forex business and later to become a trillionaire. Don't laugh please, lol!

Well seriously a million would be okay in around 4-6 or even 12 years. We'll se if that works out. Anyways, I only planned to withdraw 20 percent after each round of tripling the account. So, most of my roi goes to larger lotsizes then.

I'm still at the beginning. I have more than 10 years experience as investor, but on forex I am rather a newbie. I just found out how to code some robots and with backtest over years I got some experience what risk would be nice and something of that. The advantage of coding robots is that I can check strats over years in just minutes. So, I guess I save time. We'll see anyways how it goes.

If I may ask that: Do you see it profitable for you also in the future or do you have fears it could stop at any time?
Sometimes I lose. Sometimes the others win.
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