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  • #227,981
  • Apr 19, 2010 8:08pm Apr 19, 2010 8:08pm
geez, got slapped silly last friday. rebuilt my long train on monday...pls pls pls dont spank me again!

hopefully, you silly flights get back on track. these airlines wanna get busted for billions is it?
  • #227,982
  • Apr 19, 2010 8:17pm Apr 19, 2010 8:17pm
Quoting 4xjunkie
I cannot ignore the double wicks of the lower red candles of the same price range indicated with the red line.
Short entry 1.3503 stop 1.3540 TP 1.3388
Their is a lot of confluence in these area's form what I see.Attachment
  • #227,983
  • Apr 19, 2010 8:32pm Apr 19, 2010 8:32pm
Hey everyone. I'm fairly new to the whole forex, I've been slowly learning for about 2 months now. At first, I thought this was a piece of cake the first couple weeks and of course I failed horribly. Lost some money so I've decided to just practice with a demo account(which I should have done in the first place). I've made a lot of progress in learning but I still have a couple questions if anyone is willing to help me out a little bit. Help would be very much appreciated.
  • #227,984
  • Apr 19, 2010 8:43pm Apr 19, 2010 8:43pm
Quoting newBtrader
Hey everyone. I'm fairly new to the whole forex, I've been slowly learning for about 2 months now. At first, I thought this was a piece of cake the first couple weeks and of course I failed horribly. Lost some money so I've decided to just practice with a demo account(which I should have done in the first place). I've made a lot of progress in learning but I still have a couple questions if anyone is willing to help me out a little bit. Help would be very much appreciated.
run away .. and never look back!!!!!!!
  • #227,985
  • Apr 19, 2010 8:44pm Apr 19, 2010 8:44pm
all that time trying to make it to .3500.

destroyed in minutes.

sorry bulls.

m
  • #227,986
  • Apr 19, 2010 8:47pm Apr 19, 2010 8:47pm
Quoting newBtrader
Hey everyone. I'm fairly new to the whole forex, I've been slowly learning for about 2 months now. At first, I thought this was a piece of cake the first couple weeks and of course I failed horribly. Lost some money so I've decided to just practice with a demo account(which I should have done in the first place). I've made a lot of progress in learning but I still have a couple questions if anyone is willing to help me out a little bit. Help would be very much appreciated.
to LEARN to trade.

it ain't easy...

more of a learning curve than most are willing to admit.

money management is king.

trade a mechanical system.

start your journey on babypips.com

Mike
  • #227,987
  • Apr 19, 2010 8:48pm Apr 19, 2010 8:48pm
Quoting acumen
all that time trying to make it to .3500.

destroyed in minutes.

sorry bulls.

m
It ain't over 'till it's over! Let's see what the pivot says
Doing what you like is Freedom. Liking what you do is Happiness.
  • #227,988
  • Apr 19, 2010 8:51pm Apr 19, 2010 8:51pm
Quoting suthmo
SkyzerFX You got the experience, I take what you say very seriously. I got loads to learn. I appreciate the wisdom of yourself and others to gauge the likelihood of my predictions playing out. When the two line up it is awesome. I appreciate your advice. And I need to be careful throwing my own analysis around because it's highly unstable. But when you catch it right It's pure gold. I cant wait for it to come off right so I can demonstrate. Consequently I get a bit hyper active with it. Hard for newbie traders to admit to their selves that...
all i can say is wow.

m
  • #227,989
  • Apr 19, 2010 8:51pm Apr 19, 2010 8:51pm
If it goes below 3470, It might fall all 3430 or lower. That's what i see on my 15 min chart. What do you see with no news?

Trade what YOU see. Not what people say.
  • #227,990
  • Apr 19, 2010 8:53pm Apr 19, 2010 8:53pm
Quoting newBtrader
Hey everyone. I'm fairly new to the whole forex, I've been slowly learning for about 2 months now. At first, I thought this was a piece of cake the first couple weeks and of course I failed horribly. Lost some money so I've decided to just practice with a demo account(which I should have done in the first place). I've made a lot of progress in learning but I still have a couple questions if anyone is willing to help me out a little bit. Help would be very much appreciated.
6-12 months on a demo will do wonders for ur trading abilities( that is if you can identify mistakes and learn from them)

if you can be profitable for 6 consecutive mos. then ur ready for live....if you cant, save urself the heartache of losing money and work on finding a system that fits you profitably.
  • #227,991
  • Apr 19, 2010 8:53pm Apr 19, 2010 8:53pm
Quoting realjumper
It ain't over 'till it's over! Let's see what the pivot says
very true.

but... i was in at .3500 and I'm out now.

m
  • #227,992
  • Apr 19, 2010 8:56pm Apr 19, 2010 8:56pm
Quoting acumen
very true.

but... i was in at .3500 and I'm out now.

m
I'm all out too. I'm eyeballing the yen again to see what's on offer if R1 get's broken....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #227,993
  • Apr 19, 2010 8:57pm Apr 19, 2010 8:57pm
Bulls need a bounce at the pivot
  • #227,994
  • Apr 19, 2010 9:02pm Apr 19, 2010 9:02pm
Quoting realjumper
I'm all out too. I'm eyeballing the yen again to see what's on offer if R1 get's broken....
i spend so much time on my laptop watching one pair i seem to forget the others.

m
  • #227,995
  • Apr 19, 2010 9:08pm Apr 19, 2010 9:08pm
Forgetting fundamentals for just a moment......I am less and less convinced that this is going to drop any time soon. As much as I would like to see this pile of crap in the 1.teens (where it should be by now), it's not making a very strong case for that at the moment......Perhaps Trichet will open his trap and help it drop!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Picture-27.jpg Size: 91 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #227,996
  • Apr 19, 2010 9:10pm Apr 19, 2010 9:10pm
meh 'stops' are sitting below 3400... buyer till then.
  • #227,997
  • Apr 19, 2010 9:34pm Apr 19, 2010 9:34pm
Looks like the bulls getting the bounce...but will it hold?
  • #227,998
  • Apr 19, 2010 9:35pm Apr 19, 2010 9:35pm
Quoting realjumper
Forgetting fundamentals for just a moment......I am less and less convinced that this is going to drop any time soon. As much as I would like to see this pile of crap in the 1.teens (where it should be by now), it's not making a very strong case for that at the moment......Perhaps Trichet will open his trap and help it drop!!!
yups, i have the same view as yours.. seems like we are making new high there and the retracement is just a test of 61.8 fibo from the last rally up on 4h..
  • #227,999
  • Apr 19, 2010 9:37pm Apr 19, 2010 9:37pm
Chart with 4h fibo level
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 31 KB
  • #228,000
  • Apr 19, 2010 9:40pm Apr 19, 2010 9:40pm
...
Attached Image (click to enlarge)
Click to Enlarge Name: uc h1 04-19-10 (2).gif Size: 15 KB
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