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  • #274,481
  • Jul 23, 2010 4:07am Jul 23, 2010 4:07am
out gu +160
  • #274,482
  • Jul 23, 2010 4:11am Jul 23, 2010 4:11am
Quoting forexings
Wow! you knew it? What about false move toward 2600 level and blow down to 1.19? You knew that too?
Can you please stop your funny words?
The false move towards 1,26 hapenned because the daily chart was oversold. I think people don't really take into account overbought/oversold conditions but believe me, we should take into account overbought/oversold conditions in H4, daily and weekly charts. I was a bit surprised and apreensive with the move to 1,19 . That's why I covered my shorts at 1,2040. I said I knew it was coming. I didn't say I knew the exact level. And no, I didn't go long at the lowest point.



Quoting forexings
I mean it: lehman sets payout to exit bankruptcy

link: http://www.reuters.com/article/idUSTRE63E3AB20100415
Well, what a surprise. I was not aware of this. But anyway, that doesn't prove Lehman is performing well nowadays.
  • #274,483
  • Jul 23, 2010 4:18am Jul 23, 2010 4:18am
Quoting Mr Bull
The false move towards 1,26 hapenned because the daily chart was oversold. I think people don't really take into account overbought/oversold conditions but believe me, we should take into account overbought/oversold conditions in H4, daily and weekly charts. I was a bit surprised and apreensive with the move to 1,19 . That's why I covered my shorts at 1,2040. I said I knew it was coming. I didn't say I knew the exact level. And no, I didn't go long at the lowest point.
I don't want to know just blah blah blah. I think i am not 2-3 yrs. exp. fx trader.
If bull fail from here now i can show you so many arguments and if bear fail i can show the same.


Quoting Mr Bull
Well, what a surprise. I was not aware of this. But anyway, that doesn't prove Lehman is performing well nowadays.
You are wrong. Doing something from nothing is a big improvement. Learn it..
You cannot learn better without losing
  • #274,484
  • Jul 23, 2010 4:18am Jul 23, 2010 4:18am
Quoting forexings
You suggest to follow the trendline.
At 1.19 level every time based trendline favoring bear. But when bull started rebound there was a doubt.

According to your comment traders had to follow bear trendline.
Can you please explain what you want to say?

If you follow this method please share your current fx account status.
I wrote those posts today. They are applied to the CURRENT TREND.
By the way, I would share my method , strategies and plan with everybody if it didn't take me 2 years to build it.
  • #274,485
  • Jul 23, 2010 4:22am Jul 23, 2010 4:22am
Quoting Mr Bull
I wrote those posts today. They are applied to the CURRENT TREND.
By the way, I would share my method , strategies and plan with everybody if it didn't take me 2 years to build it.
So your static comment vary on current fx chart?
You cannot learn better without losing
  • #274,486
  • Jul 23, 2010 4:24am Jul 23, 2010 4:24am
Quoting jp09
1m chart shows a nice upward channel for scalping.
I would say these are just fibo levels:
http://www.gloomy.eu/fx/images/eur_u...07_23_fibs.png
http://www.gloomy.eu/fx/eur_usd_2010_07_23_fibs.png
  • #274,487
  • Jul 23, 2010 4:32am Jul 23, 2010 4:32am
Quoting forexings
I don't want to know just blah blah blah. I think i am not 2-3 yrs. exp. fx trader.
If bull fail from here now i can show you so many arguments and if bear fail i can show the same..
i tell you my point of view. EUR/USD is going up until the end of July if the stress tests are mostly positive. In August, it will probably trend downwards in order to build a double bottom. However, it might not go down because the starting point was a reverse head and shoulders. If the stress tests come negative for EZ, it will start trend down and might continue the previous bear trend. I know I'm being very ambiguous but you get the basic lines of my strategy


Quoting forexings
IYou are wrong. Doing something from nothing is a big improvement. Learn it..
If you think doing something after blowing billions of dollars is an improvement, that's fine with me.

I have to go lunch now. Thank you for this nice and healthy conversation.
  • #274,488
  • Jul 23, 2010 4:38am Jul 23, 2010 4:38am
trend line support at 2859. i am long since 2883 with SL at 2846
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  • #274,489
  • Jul 23, 2010 4:41am Jul 23, 2010 4:41am
Quoting manojsai
trend line support at 2859. i am long since 2883 with SL at 2846
what is your tp?
If only,.....
  • #274,490
  • Jul 23, 2010 4:43am Jul 23, 2010 4:43am
Quoting Mr Bull
i tell you my point of view. EUR/USD is going up until the end of July if the stress tests are mostly positive. In August, it will probably trend downwards in order to build a double bottom. However, it might not go down because the starting point was a reverse head and shoulders. If the stress tests come negative for EZ, it will start trend down and might continue the previous bear trend. I know I'm being very ambiguous but you get the basic lines of my strategy
Your comment based of "If". That means could possible or not because you showed both side.
According to your comment anyone can say he will die now or later and his answer will be correct.

Quoting Mr Bull
If you think doing something after blowing billions of dollars is an improvement, that's fine with me.

I have to go lunch now. Thank you for this nice and healthy conversation.
If you say their past was simply bad you must have to say their current status is a great improvement because they grew from nothing. Learn it and learn the logic

Anyway, have a delicious lunch.
You cannot learn better without losing
  • #274,491
  • Jul 23, 2010 4:47am Jul 23, 2010 4:47am
Mr. Bull did concede that he was being "very ambiguous".
  • #274,492
  • Jul 23, 2010 4:53am Jul 23, 2010 4:53am
Quoting ikhram
what is your tp?
i should have booked my profit after it reached 2965 but i was away. so now the PA is very bearish and i have to close the trade or allow my SL to take me out with loss.
  • #274,493
  • Jul 23, 2010 4:53am Jul 23, 2010 4:53am
i think viewing on this thread is gonna hit a new high today during results, 555+ lol
  • #274,494
  • Jul 23, 2010 4:57am Jul 23, 2010 4:57am
Quoting mfoste1
i think viewing on this thread is gonna hit a new high today during results, 555+ lol
You already done 1.5k. Congrats mate
You cannot learn better without losing
  • #274,495
  • Jul 23, 2010 4:59am Jul 23, 2010 4:59am
Quoting manojsai
i should have booked my profit after it reached 2965 but i was away. so now the PA is very bearish and i have to close the trade or allow my SL to take me out with loss.
so, u've close your long?
If only,.....
  • #274,496
  • Jul 23, 2010 5:04am Jul 23, 2010 5:04am
Quoting manojsai
i should have booked my profit after it reached 2965 but i was away. so now the PA is very bearish and i have to close the trade or allow my SL to take me out with loss.
question.. why would you let it take you out at a loss? now you're in profit isn't it a good idea to bring your SL to BE? not a pro but just curious..

I bought at 1.2913 then moved stop to BE... had a power cut and just found i been stopped out with no loss...

no loss = no stress
  • #274,497
  • Jul 23, 2010 5:07am Jul 23, 2010 5:07am
hey traders

i went to FF homepage to see what time the results were coming in for the stress tests and it said tentative

how should we approach today with regards to this info

thank you
  • #274,498
  • Jul 23, 2010 5:08am Jul 23, 2010 5:08am
.
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  • #274,499
  • Jul 23, 2010 5:09am Jul 23, 2010 5:09am
Quoting jaylovin
question.. why would you let it take you out at a loss? now you're in profit isn't it a good idea to bring your SL to BE? not a pro but just curious..

I bought at 1.2913 then moved stop to BE... had a power cut and just found i been stopped out with no loss...

no loss = no stress
Very well said Jay! It's good to see traders using Stops for those "just in case" moments.
  • #274,500
  • Jul 23, 2010 5:12am Jul 23, 2010 5:12am
Quoting jaylovin
question.. why would you let it take you out at a loss? now you're in profit isn't it a good idea to bring your SL to BE? not a pro but just curious..

I bought at 1.2913 then moved stop to BE... had a power cut and just found i been stopped out with no loss...

no loss = no stress
2859 to 2847 is a strong resistance zone ,may rebound from there and i am going to be away from the trading screen
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