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  • #328,581
  • Nov 18, 2010 11:13am Nov 18, 2010 11:13am
Quoting Pipwanderer
we are back up at a major resistance 3643

Only minor, and if it gives we are looking at 3672, if it holds we jump back to the earlier trigger of 3611.

I am leaning towards 3672, 3634 will give the longs some momentum.
  • #328,582
  • Nov 18, 2010 11:14am Nov 18, 2010 11:14am
Quoting Pipwanderer
we are back up at a major resistance 3643


Let her rip. Fun has just begun. Next stop that huge range from a few weeks back
Know when to hold em, Know when to fold em!
  • #328,583
  • Nov 18, 2010 11:16am Nov 18, 2010 11:16am
Didn't mention earlier the nice gains that many xxxUSD pairs are seeing as the USD weakens, and then holding on to them relatively well. All nicely correlating with US equity movements.
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  • #328,584
  • Nov 18, 2010 11:17am Nov 18, 2010 11:17am
pattern resistance....strong sellers at 11200 on dow....
  • #328,585
  • Nov 18, 2010 11:24am Nov 18, 2010 11:24am
Quoting cloggie
Only minor, and if it gives we are looking at 3672, if it holds we jump back to the earlier trigger of 3611.

I am leaning towards 3672, 3634 will give the longs some momentum.
long 3630 target 3679
  • #328,586
  • Nov 18, 2010 11:26am Nov 18, 2010 11:26am
Quoting cloggie
Here is my recomendation, take it as you like.

First, close down your account and deposit your funds in a safe vehicle, such as bonds or even NSANDI. Right now you are in the wrong frame of mind to ever recoup your losses, each and every trade has such a fear factor attached to it that it will cloud your judgement.

Then start from scratch, find something that suits your personality. Start of with asking yourself what kind of trader you want to be, scalper, intraday, swing, position etc.

Then troll the net to find something that suits your...
Very well put cloggie I made a little saying for myself .

"Get penny profitable then pound rich"
Even if you have million dollars start with 1 mini or micro till you are consistently profitable and scale up.
making green pips large and red pips small this is my goal.
  • #328,587
  • Nov 18, 2010 11:27am Nov 18, 2010 11:27am
Quoting Pipwanderer
long 3630 target 3679

A tad too early, she is still playing out.
  • #328,588
  • Nov 18, 2010 11:27am Nov 18, 2010 11:27am
only for scalpers...
if @ 12.30h ... the market opens above 1.36312.... then long
The best thing that can happen to you is to find out where you're wrong.
  • #328,589
  • Nov 18, 2010 11:33am Nov 18, 2010 11:33am
Quoting Driver55
only for scalpers...
if @ 12.30h ... the market opens above 1.36312.... then long
little battle going on but looks as buyers have upper hand, close call
  • #328,590
  • Nov 18, 2010 11:35am Nov 18, 2010 11:35am
Added short at 1.3635 on E/U , and added short at 134.00 on G/J
  • #328,591
  • Nov 18, 2010 11:35am Nov 18, 2010 11:35am
Who is here a real Metalanguage expert ?
The best thing that can happen to you is to find out where you're wrong.
  • #328,592
  • Nov 18, 2010 11:35am Nov 18, 2010 11:35am
Quoting cloggie
A tad too early, she is still playing out.
no trade yet...still waiting for a lower price at least unless the bears have jumped in already...
  • #328,593
  • Nov 18, 2010 11:37am Nov 18, 2010 11:37am
Quoting Driver55
Who is here a real Metalanguage expert ?

Plenty good ones at the "platform Tech" forum. Seen some of Hannover's work, he seems to know what he is doing.
  • #328,594
  • Nov 18, 2010 11:37am Nov 18, 2010 11:37am
It is the first time I write on this forum, so I present myself: I'm an Italian trader and often have asked myself why Euro is going up with all the problems Europe is facing now. Certainly Euro is overvaluated if you think that most Eurozone countries (Greece, Portugal, Spain, Italy, Ireland) have the greatest debts in the world and are on the edge of a collapse, but the answer is only one: if Euro undergoes parity, it will crash and with it all the Eurolandia economic system will crash. This will innescate a chain reaction over all the world. So when Euro goes too low (say under 1.30 -1,35) all financial institutions (including central banks) come in to artificially sustain it against every logics. Just my humble opinion.
  • #328,595
  • Nov 18, 2010 11:38am Nov 18, 2010 11:38am
if pa bounces of 3620 i will go long there at least that is a nice support zone
  • #328,596
  • Nov 18, 2010 11:39am Nov 18, 2010 11:39am
Quoting Pipwanderer
if pa bounces of 3620 i will go long there at least that is a nice support zone
3611, remember, up 60 down 30 and it ties in perfectly with earlier trigger.
  • #328,597
  • Nov 18, 2010 11:41am Nov 18, 2010 11:41am
long 3623
  • #328,598
  • Nov 18, 2010 11:42am Nov 18, 2010 11:42am
Quoting Decimal
Hi chaps,

I am posting this as a call for help I guess and would be very grateful to receive any direction/proposals for those senior contributors who are willing/prepared to assist me.

My general personal history, is that I am English, 40, married, kids, live in Spain and want to earn my living trading forex. I started this journey in February this year and foolishly deposited £250,000 in a Oanda account and made a few stupid mistakes like trading cable into news announcements at £1K a pip. As found very quickly spreads widen and direction...

Hmm ... dealing with 10 Mill positions ... but only 250K deposit in account ... nobody who is operating a serious business could help you!

Asking for 'simple reliable' suggestions in a place like this ... that is really much more insane ...

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #328,599
  • Nov 18, 2010 11:45am Nov 18, 2010 11:45am
Quoting cloggie
3611, remember, up 60 down 30
i have some fib levels 38 & 50 at 3620 and and another 38 & 61 at 3611 lets wait to see...volume should be declining too
  • #328,600
  • Nov 18, 2010 11:52am Nov 18, 2010 11:52am
Quoting DrLobo
long 3623
SL ?
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