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  • #260,221
  • Jun 18, 2010 10:46am Jun 18, 2010 10:46am
We have a white 15M. May retrace back. Looking for long with With SL.
  • #260,222
  • Jun 18, 2010 10:47am Jun 18, 2010 10:47am
Quoting Intensity
Let's hope you're right. If it continues to go down, it might resume the downtrend today and continue next week. Fast movement, high momentum. That'd be fantastic.
i think my sl is at 66. previous high. a break of 66, would signal failed attempt to break support. And then it would just range till the market closes today. Probably, reaching 24. on monday.
  • #260,223
  • Jun 18, 2010 10:48am Jun 18, 2010 10:48am
Quoting gurangax
Thanks I'll consider it. For now I'm happy with my broker cos It made me trade only when I am 100% sure to trade
Are you new to trading ? Anyway, being cautious it the way to go, experienced or not.


Quoting supremeChaos
it's actually the triple or quadwitching that is making activity thin.
volatility is so low, im posting in this thread.

maybe there's action later. maybe not.
I used to trade the witches using options on expiration day. Back in 2004 (I think). Ha ! Stupidest way to blow an account.

There might be action later but I won't be there to trade it. Will start again on monday 8:00



Quoting woo
i think my sl is at 66. previous high. a break of 66, would signal failed attempt to break support. And then it would just range till the market closes today. Probably, reaching 24. on monday.
65 was hit on my chart, I hope your trade survived ?!?
  • #260,224
  • Jun 18, 2010 10:52am Jun 18, 2010 10:52am
Quoting Intensity
Are you new to trading ? Anyway, being cautious it the way to go, experienced or not.



I used to trade the witches using options on expiration day. Back in 2004 (I think). Ha ! Stupidest way to blow an account.

There might be action later but I won't be there to trade it. Will start again on monday 8:00




65 was hit on my chart, I hope your trade survived ?!?
well it gott to 64, according to my chart. However, im not sure whether i should put the sl to 69, as that may be considered as cloesest high as well.
  • #260,225
  • Jun 18, 2010 10:52am Jun 18, 2010 10:52am
Quoting ak4x
...
am i the only one here looking for the Daily pivot tap at 2346?
u want a 1.2346 tap or a break?
price may do both

Quoting ak4x
bring your hipwaders sc...
something like this?
i like the 3rd one.
  • #260,226
  • Jun 18, 2010 10:52am Jun 18, 2010 10:52am
Quoting longnt
We have a white 15M. May retrace back. Looking for long with With SL.
errr.. ok

i don't believe the market will take a Pass on all those juicy stops just below the xx50 level.

in this particular case of being within a few pips of a major price level like a round number or whatever, i've watched what i believe is my bucketshop borker (ibfx) spiking the spread a couple pips or jacking the price by the same to squeeze that one or two remaining pips that take you out before roaring off.

in other words if the bulk of their clients are long, they just KNOW there's a bunch of stops just under the figure... or above it as the case may be.

if my bucketshop does it, so does yours.
FUBAR...
  • #260,227
  • Jun 18, 2010 10:55am Jun 18, 2010 10:55am
Im out if it reaches 70.
  • #260,228
  • Jun 18, 2010 10:55am Jun 18, 2010 10:55am
Quoting woo
well it gott to 64, according to my chart. However, im not sure whether i should put the sl to 69, as that may be considered as cloesest high as well.
67 was hit on my oanda chart. I hope you had enough time to move your SL.
  • #260,229
  • Jun 18, 2010 10:56am Jun 18, 2010 10:56am
Quoting supremeChaos
u want a 1.2346 tap or a break?
tap is fine, i got TP's on all trades at the DP + spread. pivots are my thing and i'm a believer bro...

thst said... this is friday and the only reason i'm trading is tidying up yesterdays entries. no fun. i hate fridays.
FUBAR...
  • #260,230
  • Jun 18, 2010 10:57am Jun 18, 2010 10:57am
Quoting woo
Im out if it reaches 70.
you're fast !
And now it looks like it wants to do down. Your trade might pay off
  • #260,231
  • Jun 18, 2010 10:57am Jun 18, 2010 10:57am
tap, stall, and turnl at the upper 1m BB (set at 42,2) now we charge the figure again ... 3rd time's the charm?

we'll see. there's always the possibility i don't have any idea what i'm talking about.

swissy fighting the 50ema on 15m chart, up there and down here... works for me.
FUBAR...
  • #260,232
  • Jun 18, 2010 10:58am Jun 18, 2010 10:58am
Quoting Intensity
you're fast !
And now it looks like it wants to do down. Your trade might pay off

hehe hope so. I really think it will break as long orders take their profit, and because of higher volatility right now, because of the high.
  • #260,233
  • Jun 18, 2010 10:59am Jun 18, 2010 10:59am
Quoting Intensity
..
I used to trade the witches using options on expiration day. Back in 2004 (I think). Ha ! Stupidest way to blow an account.

There might be action later but I won't be there to trade it. ...
so u've been trading for 6yrs now. wow, 24y.o..

i dont need witches;i blew accounts without witches
me too, it's almost 12 midnight here. i might miss the action later, like in the previous days.
  • #260,234
  • Jun 18, 2010 10:59am Jun 18, 2010 10:59am
Reversal ! ! ! Again ! My robot would be looking for a short if I hadn't stopped it why did I do that ? Reversal are always 100% hit.

Edit : the reversal is almost ready for an entry point !

Edit 2 : the reversal has been cancelled, as per my robot rules. Might try again later.
  • #260,235
  • Jun 18, 2010 11:00am Jun 18, 2010 11:00am
[quote=Intensity;3813087]Are you new to trading ? Anyway, being cautious it the way to go, experienced or not.


I traded since last year. Many ups and downs. Now I only trade when I'm sure to win
Gambling with PA
  • #260,236
  • Jun 18, 2010 11:02am Jun 18, 2010 11:02am
[quote=gurangax;3813129]
Quoting Intensity
Are you new to trading ? Anyway, being cautious it the way to go, experienced or not.


I traded since last year. Many ups and downs. Now I only trade when I'm sure to win
And how often is that?
  • #260,237
  • Jun 18, 2010 11:03am Jun 18, 2010 11:03am
Quoting supremeChaos
so u've been trading for 6yrs now. wow, 24y.o..

i dont need witches;i blew accounts without witches
me too, it's almost 12 midnight here. i might miss the action later, like in the previous days.
Ronald Raygun started trading even sooner The sooner you start, the more time you'll have to enjoy the profits

oh that means you're going to go to sleep soon ? That sucks, you can't watch all the matches.
  • #260,238
  • Jun 18, 2010 11:05am Jun 18, 2010 11:05am
Quoting ak4x
tap is fine, i got TP's on all trades at the DP + spread. pivots are my thing and i'm a believer bro...
....
Quoting ak4x
tap, stall, and turn at the upper 1m BB (set at 42,2) now we charge the figure again ... 3rd time's the charm?
1m BB....
based on that.. if price is bearish.. we might get BB headfake to around 1.2370, then down she goes to do the tap

Quote
there's always the possibility i don't have any idea what i'm talking about
same here
  • #260,239
  • Jun 18, 2010 11:07am Jun 18, 2010 11:07am
[quote=Mr J;3813131]
Quoting gurangax

And how often is that?
Depends on PA about 1 or 3 times a day scalping 10 pips is my way now
Gambling with PA
  • #260,240
  • Jun 18, 2010 11:08am Jun 18, 2010 11:08am
Quoting gurangax
I traded since last year. Many ups and downs. Now I only trade when I'm sure to win
Stick to your system, even if it works fine NEVER try to invest a large percentage of your account.
Never ever ever ever.
Stick to your system, limit your risk (mine is lower than 0.5% of my account) and you'll do fine.
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