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  • #314,981
  • Oct 27, 2010 1:04pm Oct 27, 2010 1:04pm
Quoting chonchy
hello everybody, salute at the 21000 page........ .......

long at 3733 (WormBoy great call ) and entrye order at 3700..........
chonchy thanks mate

just be careful buying tho, the W1 pvp had collapsed & daily momentum is still down. Won't hurt to sit this one out till LO tomorrow & see if price is going to turn and continue to tank.
Just imo.

Good luck to you
Thank You
  • #314,982
  • Oct 27, 2010 1:05pm Oct 27, 2010 1:05pm
Quoting gatorinla
80. plus
thanks for this # , then actually can validate diamond for 470 pips from reaction low mostly.
first will need the confirmation validation , perhaps today breaking rl , seems likely .

checking levels in old chart , morning start/abandon baby weekly .
fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #314,983
  • Oct 27, 2010 1:05pm Oct 27, 2010 1:05pm
Quoting T@rantula
Ok first of all, drop that Forex smooth indicator. It is a scam. Stochastics is also a nonsense.

Do u really think that big institutional players, banks, hedge fund managers will sell when Stochastics or any other indicator give such a signal?

Silly blue or green line doesnt tell you anything. Believe me.
http://preview.shareapic.net/preview7/023725558.gif

I understand that you may be not believing my system. I just want to say that every people have their own system. How's did you know my system is not working??
Stochastics is nonsense?
Well if you know "how" to use it you will make profit

Fxsmooth indicator is a scam?
Well, I didn't argue with that. I didn't use this to entry the trade. I use it to give me the big picture of the trading

Silly Blue or green line not tell anything?
Well, yeah it didn't tell you anything but I make lots' of ("silly" profit) by using those silly line. It depends on how to use it.

How about If I say....
Murrey math is just waste of your time. Placing different level of line can people make money No way!
Bollinger Bands? it's just a price movement.
Trading with Pattern ABC or 123? Well, you see a good movie poster and end up watching a crap movie!

Hope you understand that It just an example, I understand that I don't know your system and I can't say those things.

I will explain more about my system in the future.
{Promotion Removed}
  • #314,984
  • Oct 27, 2010 1:06pm Oct 27, 2010 1:06pm
Quoting dil
dont short bottoms
I'll make a note of it....
Look Sharp/Trade Tight
  • #314,985
  • Oct 27, 2010 1:07pm Oct 27, 2010 1:07pm
Quoting bososo
mate tnx a lot but how come you think it will bounce to 1,3860 and when ?
I would go long now eurusd ,we need correction to 1.3860. also i am short usdcad to 1.0240.Those things always were right 100%.I cannot tell when it will come there..
  • #314,986
  • Oct 27, 2010 1:09pm Oct 27, 2010 1:09pm
Quoting bososo
mate tnx a lot but how come you think it will bounce to 1,3860 and when ?
Do you just read what you want to read or what?
You should have placed a SL and you didn't.
You pay for your mistake, cut your losses, learn and move on.
  • #314,987
  • Oct 27, 2010 1:10pm Oct 27, 2010 1:10pm
My Fibo tells me that leg of wave 3 of 5 will end at 1.37040, than bounce in wave 4 can go max. to 1.3766 and final wave 5 of 5 in wave C is 1.36383 / 1.36298. Next station UP to 1.42... start tomorrow London
  • #314,988
  • Oct 27, 2010 1:14pm Oct 27, 2010 1:14pm
Quoting Daboss
Hey Fibbinarchie I was thinking it may retrace to 1.3770 then we go short again?
Or do we wait for bulls? ad go long on the first retrace?
Well it's all opinion and conjecture really, the market will do it's own thing.

Personally I'm targeting a short entry somewhere in the vicinity of 3870 to 3890.
  • #314,989
  • Oct 27, 2010 1:14pm Oct 27, 2010 1:14pm
Quoting DMA Trader
you should never ever do that.
EVER
you could loose all your money. how dumb is that.

put a SL now. who can tell you if it goes up tomorrow.

leaving the computer without a SL.

c'mon man.
hello DMA........it is a demo or real........
The Chonchy
  • #314,990
  • Oct 27, 2010 1:15pm Oct 27, 2010 1:15pm
good call !

Quoting gatorinla
murry says 3732 is a buy.. if in a upmove.. so we should at least bounce some here.
  • #314,991
  • Oct 27, 2010 1:16pm Oct 27, 2010 1:16pm
Quoting bososo
guys I have open long @ 1,3980 was offline around 2 days and did not put on any sl do you think eu will go up tomorrow or maybe friday at least to close as good as possible what are your suggestions ?
closed at 1,3755 I am lucky that I did not open big amounts of lots for that trade otherwise could die
  • #314,992
  • Oct 27, 2010 1:16pm Oct 27, 2010 1:16pm
Quoting Naish
My Fibo tells me that leg of wave 3 of 5 will end at 1.37040, than bounce in wave 4 can go max. to 1.3766 and final wave 5 of 5 in wave C is 1.36383 / 1.36298. Next station UP to 1.42... start tomorrow London
Thanks , levels perfectly fit perhaps as per now , can you show us the chart please.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #314,993
  • Oct 27, 2010 1:17pm Oct 27, 2010 1:17pm
Quoting chonchy
hello DMA........it is a demo or real........
i guess a real account but the only advice he liked was to stay long.

so why bother. he will get it one day
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #314,994
  • Oct 27, 2010 1:21pm Oct 27, 2010 1:21pm
Quoting bososo
closed at 1,3755 I am lucky that I did not open big amounts of lots for that trade otherwise could die
If you lose the money, don't lose the lesson...
  • #314,995
  • Oct 27, 2010 1:22pm Oct 27, 2010 1:22pm
Quoting Venice
I will disagree with you here in saying that Stochastics is nonsense. It's a momentum indicator and can be used quite profitability if used correctly.
ok i will be back in a couple of hours. I will post here why I think that is a nonsense and I will give u valid reasons.
  • #314,996
  • Oct 27, 2010 1:22pm Oct 27, 2010 1:22pm
Quoting bososo
guys I have open long @ 1,3980 was offline around 2 days and did not put on any sl do you think eu will go up tomorrow or maybe friday at least to close as good as possible what are your suggestions ?
I would shut it mate . look at all the opportunities your missing stuck in the trade.

Take the loss reassess and reposition.

If you dont then make 1.3700 your ultimate max loss ,if that breaks who knows how far it will go.

Repeat this to make you feel better :-

Losses is learning
losses is learning.

Of course it depends on your account and timeframe. long term traders have stops this large
making green pips large and red pips small this is my goal.
  • #314,997
  • Oct 27, 2010 1:23pm Oct 27, 2010 1:23pm
Quoting fontu
Thanks , levels perfectly fit perhaps as per now , can you show us the chart please.
fontu

is already there #314943
  • #314,998
  • Oct 27, 2010 1:23pm Oct 27, 2010 1:23pm
short 3747, sl 3760, tp 3730....
Look Sharp/Trade Tight
  • #314,999
  • Oct 27, 2010 1:23pm Oct 27, 2010 1:23pm
Quoting dil
dont short bottoms
Better : carefully choose your entries and only jump in trends on large (relative to your trading tf) pullbacks.

I've learned how to loose a lot of money by jumping in without clear rules. Wait for the right time. It's not easy however ... Simple tip : if you want to jump in, don't do it and look at the M15 and wait for a pullback of at least two candles. Then think again about your entry and see if it worth it.
Don't just be a sheep : make your own idea of it.
  • #315,000
  • Oct 27, 2010 1:24pm Oct 27, 2010 1:24pm
Quoting wormboy
chonchy thanks mate

just be careful buying tho, the W1 pvp had collapsed & daily momentum is still down. Won't hurt to sit this one out till LO tomorrow & see if price is going to turn and continue to tank.
Just imo.

Good luck to you
thanks WormBoy but that trade is in safe heave allready so no worries, entrie orders are at 3700, 3710 and as soon as they go 3 pips in profits they arelock in profits +1 like I have say here before 100 of those trades are 100 pips......... but you are absolutly right it may tank some more.......waiting.......
The Chonchy
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