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  • #291,101
  • Sep 10, 2010 7:25am Sep 10, 2010 7:25am
Quoting t.e.lawrence
fiber and cable are highly correlated pairs - same as my cable trades on euro thread
kinda true,,,,, except not lately.....
Buy low , Sell high
  • #291,102
  • Sep 10, 2010 7:25am Sep 10, 2010 7:25am
Quoting Shah22
Yes Agreed.. beginner no need to trade in oil.. but i think oil will tell them nicely that how to trade in this market
oh well, I started with EUR/USD but it moves very slow comparing with oil, that's why I moved to oil.. the lovely thing in oil it moves very quick, so either you make good money or lose em..

I am up to loss to certain extent.. but I am learning..

I was just asking about your opinion on how will oil be for today atleast... or for the coming few days after the weekend..

still hoping it will go down beyond 75.. or else I am damned!
  • #291,103
  • Sep 10, 2010 7:25am Sep 10, 2010 7:25am
Quoting Hapitrader
Hey guys, can anyone explain what scalping is?
http://www.readbleed.com/Portals/528.../scalping1.jpg
  • #291,104
  • Sep 10, 2010 7:28am Sep 10, 2010 7:28am
Quoting ismail
DOES ANYONE SAY HOW MUCH THEY LOOSE HERE,,, THE ONLY THING i HERE IS WINS
Getting your ass kicked, are we? Might want to try trading less......jump to a higher timeframe (1H or more - stop trying to jump on every single micro movement of price).....move trades to BE when it runs in your favor....and figure out how to place stops.

Everyone takes losses...it's part of the game. The difference between those that are consistently profitable and those that can't seem to make a dime is that those that are profitable do not allow losses to run, but they do so with their profits. Sometimes that means you may have 5 or more trades in a row stop out a break even - but if you have taken a partial profit off of the position, you're still walking away with profits.
  • #291,105
  • Sep 10, 2010 7:30am Sep 10, 2010 7:30am
Quoting dil
yo whats up ? check pm you wanted something
yeh got it, thank for the reply
COT: The precious data ignored
  • #291,106
  • Sep 10, 2010 7:31am Sep 10, 2010 7:31am
Thanks T.E Lawrence, most helpful
  • #291,107
  • Sep 10, 2010 7:31am Sep 10, 2010 7:31am
Quoting PriceVolume
Getting your ass kicked, are we? Might want to try trading less......jump to a higher timeframe (1H or more - stop trying to jump on every single micro movement of price).....move trades to BE when it runs in your favor....and figure out how to place stops.

Everyone takes losses...it's part of the game. The difference between those that are consistently profitable and those that can't seem to make a dime is that those that are profitable do not allow losses to run, but they do so with their profits. Sometimes that means you may have 5 or more...
And - this is not a sprint, but rather a marathon. You're not going to get rich overnight, and it will require heavy lifting on your part.
  • #291,108
  • Sep 10, 2010 7:33am Sep 10, 2010 7:33am
Quoting T.E.Lawrence
http://www.readbleed.com/Portals/528.../scalping1.jpg
Buy low , Sell high
  • #291,109
  • Sep 10, 2010 7:36am Sep 10, 2010 7:36am
Yes some of us, when post a trade we update the chart after winners and/or losers.

This is one of the easiest way in FF (not 100% perfect but very close) to recognize who is a demo trader, real trader, a micro trader, a Holy Grail Hunter, a newbie or just another kid trolling around in threads.

sisse


Quoting ismail
DOES ANYONE SAY HOW MUCH THEY LOOSE HERE,,, THE ONLY THING i HERE IS WINS
Pending conversations? PM for a chat...I am mainly in OTM now
  • #291,110
  • Sep 10, 2010 7:40am Sep 10, 2010 7:40am
Quoting pricevolume
and - this is not a sprint, but rather a marathon. You're not going to get rich overnight, and it will require heavy lifting on your part.


everyone has their own system ...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd5.gif Size: 21 KB
Buy low , Sell high
  • #291,111
  • Sep 10, 2010 7:41am Sep 10, 2010 7:41am
Quoting PriceVolume
Everyone takes losses...it's part of the game. The difference between those that are consistently profitable and those that can't seem to make a dime is that those that are profitable do not allow losses to run, but they do so with their profits. Sometimes that means you may have 5 or more trades in a row stop out a break even - but if you have taken a partial profit off of the position, you're still walking away with profits.
  • #291,112
  • Sep 10, 2010 7:43am Sep 10, 2010 7:43am
EURUSD HOURLY:


http://forexportugal.wordpress.com/2...-tm-1h-15h00m/


.
{Promotion Removed}
  • #291,113
  • Sep 10, 2010 7:46am Sep 10, 2010 7:46am
Quoting sisse
Yes some of us, when post a trade we update the chart after winners and/or losers.

This is one of the easiest way in FF (not 100% perfect but very close) to recognize who is a demo trader, real trader, a micro trader, a Holy Grail Hunter, a newbie or just another kid trolling around in threads.

sisse
that is true, the mentality behind this is just like gambling after you go to a casino and win some money you would want to show off and say you've won to people around you, but when you lose you won't even mention you went to the casino.
  • #291,114
  • Sep 10, 2010 7:47am Sep 10, 2010 7:47am
I made 1500 this week and lost a thousand; how's that for shedding light on this gig....

In answer to fellow new guy, "Hey guys, can anyone explain what scalping is?" This is when you surf the range bound waves dude; it can be knarly... Some people build a cushion here for longs. If it were sailing you would be changing tact and trimming so often you'd be cussing your head off trying to go North or South only beating yourself to death for a few pips; in a sailboat you could sail 100 miles only to get 8 miles North or South where you want to be; kinda frustrating.
  • #291,115
  • Sep 10, 2010 7:47am Sep 10, 2010 7:47am
Quoting sisse
Yes some of us, when post a trade we update the chart after winners and/or losers.

This is one of the easiest way in FF (not 100% perfect but very close) to recognize who is a demo trader, real trader, a micro trader, a Holy Grail Hunter, a newbie or just another kid trolling around in threads.

sisse

THANKS SISSE !!!! good to know .



( my update..... decided to close my long at 2715.... ( 10pips profit) the momentum is week, plus to sideways trending......
no weekend trades !!!! this week is been crap... looking forward to next week.

see you sunday in Assia
Buy low , Sell high
  • #291,116
  • Sep 10, 2010 7:49am Sep 10, 2010 7:49am
bearish divergence in d1 h4 h1

Quoting T@rantula
  • #291,117
  • Sep 10, 2010 7:50am Sep 10, 2010 7:50am
Quoting SaiDawi
oh well, I started with EUR/USD but it moves very slow comparing with oil, that's why I moved to oil.. the lovely thing in oil it moves very quick, so either you make good money or lose em..

I am up to loss to certain extent.. but I am learning..

I was just asking about your opinion on how will oil be for today atleast... or for the coming few days after the weekend..

still hoping it will go down beyond 75.. or else I am damned!
Just sharing..when i m new in forex i also like to trade in oil.. but unfortunately i loss much..you can say i m the man who buy it when it is on 147 ..after that i never touched oil but for just to see only..According to me Eurusd is best.. you can learn a lot when trade in that currency.. and i think its also easy to trade in euro rather than others.. anyway wish you all the best in your trading and everything
  • #291,118
  • Sep 10, 2010 7:57am Sep 10, 2010 7:57am
check this guy, this guy makes $300,000 a month from forex based on the statements he puts after his trades.one thing that questions my mind is that 99.9% of his trades are winning trades, because he shows them after math.. but another thing is he has been doing this for over 1+ year. you guys decide.
http://www.forexfactory.com/showthre...=88949&page=70
  • #291,119
  • Sep 10, 2010 8:15am Sep 10, 2010 8:15am
Quoting Driver55
1. long @ 1.2690
Whats your TP?
  • #291,120
  • Sep 10, 2010 8:15am Sep 10, 2010 8:15am
Quoting Robot
check this guy, this guy makes $300,000 a month from forex based on the statements he puts after his trades.one thing that questions my mind is that 99.9% of his trades are winning trades, because he shows them after math.. but another thing is he has been doing this for over 1+ year. you guys decide.
http://www.forexfactory.com/showthre...=88949&page=70
Oh, and he's trading "the beast" (GBPJPY) that's a really hard pair to trade.

Edit: And I mean really really hard!
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