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  • #229,701
  • Apr 22, 2010 8:01pm Apr 22, 2010 8:01pm
Looks like its not going to be a triple bottom.

It could get pretty ugly for today's session.

If it doesn't go back up it could go into the 130's.
  • #229,702
  • Apr 22, 2010 8:01pm Apr 22, 2010 8:01pm
Quoting suthmo
Will be loading my live account tomorrow.
Once you do you should put it all on one trade. I'm tempted right now to take a trade worth 80% of my account on a 20 pip retrace (with 50 pip stop loss). I can double the account in one shot!
  • #229,703
  • Apr 22, 2010 8:02pm Apr 22, 2010 8:02pm
Quoting suthmo
Will be loading my live account tomorrow.
Good luck man. Trading live is a completely different beast. I've started meditating before trading sessions to keep my emotions in check lol
  • #229,704
  • Apr 22, 2010 8:06pm Apr 22, 2010 8:06pm
Quoting aykenar
Looks like its not going to be a triple bottom.

It could get pretty ugly for today's session.

If it doesn't go back up it could go into the 130's.
beauty is in the eyes of the beholder so is ugly.
those who can, do. those who cant, talk about those who can
  • #229,705
  • Apr 22, 2010 8:13pm Apr 22, 2010 8:13pm
Quoting gatorinla
beauty is in the eyes of the beholder so is ugly.
Personally I wanna marry this ugliness
  • #229,706
  • Apr 22, 2010 8:13pm Apr 22, 2010 8:13pm
Quoting suthmo
Will be loading my live account tomorrow.
Good luck.. my 1st 2 real-weeks were the most profitable until i blew my account in 2 hrs.
  • #229,707
  • Apr 22, 2010 8:14pm Apr 22, 2010 8:14pm
Quoting 2+2=4ex
Once you do you should put it all on one trade. I'm tempted right now to take a trade worth 80% of my account on a 20 pip retrace (with 50 pip stop loss). I can double the account in one shot!
my first 2 weeks of trading live, with IBFX I turned 200 into 800 I was #6 IBFX best trader of the month on a mini account. 1 place away from ca$h prize. And then.....
Founder of Sutherland Wave Principle
  • #229,708
  • Apr 22, 2010 8:17pm Apr 22, 2010 8:17pm
I wouldn't be surprised to see another doji ending to the week. We've had
'sell the rumour', could be 'buy the news' time with Moody's downgrade and
worse than expected budget deficit of Greece.
  • #229,709
  • Apr 22, 2010 8:21pm Apr 22, 2010 8:21pm
Quoting 2+2=4ex
Once you do you should put it all on one trade. I'm tempted right now to take a trade worth 80% of my account on a 20 pip retrace (with 50 pip stop loss). I can double the account in one shot!
Money management at its finest
  • #229,710
  • Apr 22, 2010 8:23pm Apr 22, 2010 8:23pm
Quoting alex.fx
Good luck.. my 1st 2 real-weeks were the most profitable until i blew my account in 2 hrs.
You can't try to make up loses quick. I mean you could, but be prepared to pull out that credit card or wire transfer form to reload that account. Once you start you can't stop right? lol
  • #229,711
  • Apr 22, 2010 8:25pm Apr 22, 2010 8:25pm
Just got back from golfing. Nice move down there, new low. I'm looking to short any pullback..hopefully we get back up to 1.3300 or 1.3320 at the PP before FO. That's where I'm looking to enter but if not I'll go short where we're at now or at 3300. I'm REALLY hoping for 3300 after drawing a quick fib of last last hourly down move.

  • #229,712
  • Apr 22, 2010 8:28pm Apr 22, 2010 8:28pm
Quoting uraceulose
Just got back from golfing. Nice move down there, new low. I'm looking to short any pullback..hopefully we get back up to 1.3300 or 1.3320 at the PP before FO. That's where I'm looking to enter but if not I'll go short where we're at now or at 3300. I'm REALLY hoping for 3300 after drawing a quick fib of last last hourly down move.

now, that's what i call lifestyle, donnie
  • #229,713
  • Apr 22, 2010 8:28pm Apr 22, 2010 8:28pm
Quoting uraceulose
Just got back from golfing. Nice move down there, new low. I'm looking to short any pullback..hopefully we get back up to 1.3300 or 1.3320 at the PP before FO. That's where I'm looking to enter but if not I'll go short where we're at now or at 3300. I'm REALLY hoping for 3300 after drawing a quick fib of last last hourly down move.

I hope it goes back up to 1.38. I felt so safe shorting at those levels.
  • #229,714
  • Apr 22, 2010 8:30pm Apr 22, 2010 8:30pm
Quoting suthmo
my first 2 weeks of trading live, with IBFX I turned 200 into 800 I was #6 IBFX best trader of the month on a mini account. 1 place away from ca$h prize. And then.....
I'm going to load an account with $1000 and do one of those crazy trades where I multiple account by 10 or lose it all. If I make it I will have a statue made of me and put it on my lawn.
  • #229,715
  • Apr 22, 2010 8:30pm Apr 22, 2010 8:30pm
Guess this is the only place you wont get in trouble for telling fibs.
Founder of Sutherland Wave Principle
  • #229,716
  • Apr 22, 2010 8:31pm Apr 22, 2010 8:31pm
Quoting uraceulose
Just got back from golfing. Nice move down there, new low. I'm looking to short any pullback..hopefully we get back up to 1.3300 or 1.3320 at the PP before FO. That's where I'm looking to enter but if not I'll go short where we're at now or at 3300. I'm REALLY hoping for 3300 after drawing a quick fib of last last hourly down move.

Hey what's up Donnie. trading must be going well doing the golf thing on a Thursday. Nice man. What'd you shoot?
  • #229,717
  • Apr 22, 2010 8:31pm Apr 22, 2010 8:31pm
Quoting 2+2=4ex
Once you do you should put it all on one trade. I'm tempted right now to take a trade worth 80% of my account on a 20 pip retrace (with 50 pip stop loss). I can double the account in one shot!
The math doesn't work on this statement.. If you can double your acount with 20 pips then you would get a margin call before you lost 50..
  • #229,718
  • Apr 22, 2010 8:31pm Apr 22, 2010 8:31pm
Quoting 2+2=4ex
You can't try to make up loses quick. I mean you could, but be prepared to pull out that credit card or wire transfer form to reload that account. Once you start you can't stop right? lol
true -that is the scary part of FX.
  • #229,719
  • Apr 22, 2010 8:33pm Apr 22, 2010 8:33pm
Quoting suthmo
my first 2 weeks of trading live, with IBFX I turned 200 into 800 I was #6 IBFX best trader of the month on a mini account. 1 place away from ca$h prize. And then.....
How many trades did you place to make that return? If only a few trades then your results probably weren't statistically significant, however if you were making 10-20 trades a day they probably were and you could turn that system into something useful with a little better money management
  • #229,720
  • Apr 22, 2010 8:35pm Apr 22, 2010 8:35pm
Quoting Kramerica
The math doesn't work on this statement.. If you can double your acount with 20 pips then you would get a margin call before you lost 50..
Way to call me out on that . Of course the math is wrong, it was a joke and I wasn't going to spend time doing the math on it.

You actually believed I was going to try something like that?!
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