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  • #344,061
  • Dec 10, 2010 2:43pm Dec 10, 2010 2:43pm
Quoting SirMcPip
Friends, here is the bigger picture of the Euro, i dont like to trade anything below Daily. Fundamentals are extremely bullish for the Euro....forget about economic reports, so called bad news etc. ...behind the scenes governments are preparing for a Euro exit. Have a great weekend.
very agreeable analysis
  • #344,062
  • Dec 10, 2010 2:45pm Dec 10, 2010 2:45pm
Quoting Muhammad88
well i think i should tell you this .you all are not making me ashamed thank you.

sorry my English is not that good

i made heavy profit the first week went bigger next week and it ended with medium loss and this week i was frustrated by the loss i went even bigger on Monday then stopped and made a plan but worked on it for 2 days and made like 500$ but today after watching the market continuously for 20 hour coz i took the short position yesterdays night i again threw away the plan .plan was a few stop losses max position and studying before...

  1. start by typing "money management" into the searchbar
  2. read and understand what you found
  3. write a plan how you enter
  4. write a plan on how you develop your positions
  5. write a plan on how and where you exit
  6. learn that by heart
  7. try it on demo
  8. return to live



last comment on that.

  • #344,063
  • Dec 10, 2010 2:45pm Dec 10, 2010 2:45pm
Quoting egkid
WISH U Happy weekend
C U next week
Same to you too buddy .
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #344,064
  • Dec 10, 2010 2:45pm Dec 10, 2010 2:45pm
Quoting Muhammad88
well i think i should tell you this .you all are not making me ashamed thank you.

sorry my English is not that good

i made heavy profit the first week went bigger next week and it ended with medium loss and this week i was frustrated by the loss i went even bigger on Monday then stopped and made a plan but worked on it for 2 days and made like 500$ but today after watching the market continuously for 20 hour coz i took the short position yesterdays night i again threw away the plan .plan was a few stop losses max position and studying before entering...
Muhammed, the best thing you can do is make a proper trading plan and stick to it, dont get excited when you make profits and go bigges, you may do similiar things when losing money in trying to get it back by doubling up. Make a plan and stick to it through wins and losses, and this way you should win more than you lose. You can never win all the time
  • #344,065
  • Dec 10, 2010 2:46pm Dec 10, 2010 2:46pm
Quoting samdani786
And this is what happend after that
i call that "evading a target"
  • #344,066
  • Dec 10, 2010 2:49pm Dec 10, 2010 2:49pm
I agree that trading demo is not the same as trading LIVE. But instead of trading a 5 figure account to start off with. Why not setup an account with 1K only and trade with that? That way you get exposure to trading live without blowing tens of thousands of dollars learning.

Quoting Muhammad88
well i think i should tell you this .you all are not making me ashamed thank you.

sorry my English is not that good

i made heavy profit the first week went bigger next week and it ended with medium loss and this week i was frustrated by the loss i went even bigger on Monday then stopped and made a plan but worked on it for 2 days and made like 500$ but today after watching the market continuously for 20 hour coz i took the short position yesterdays night i again threw away the plan .plan was a few stop losses max position and studying before entering...
  • #344,067
  • Dec 10, 2010 2:51pm Dec 10, 2010 2:51pm
Quoting Martingale
Sorry, just quoted the wrong part. Was for the signature + the keep up the good trading. I am not laughing at anybody. I rally appreciate your charts and like ur devotion and style. Keep up the good work!!
Thanks for the kind words. I found " kindness is all you need in life " and everythingels comes to you . I wish you the best out of life and lots of lots of pips every day GL.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #344,068
  • Dec 10, 2010 2:51pm Dec 10, 2010 2:51pm
Quoting Mr Hatch


start by typing "money management" into the searchbar

Better suggestion....

Ima thinking he should start by shutting his shit down until the new year...it ain't gunna get any easier between now and then....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #344,069
  • Dec 10, 2010 2:52pm Dec 10, 2010 2:52pm
Quoting Mr Hatch
i call that "evading a target"
Yeah man feels good to know " where the heck i am in any givin point of time "
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #344,070
  • Dec 10, 2010 2:58pm Dec 10, 2010 2:58pm
Quoting samdani786
Yeah man feels good to know " where the heck i am in any givin point of time "
that wasn't a joke.

the cross of the two tl defines a delta-target (having two agreeing factors). i didn't check, but i'm quite sure there is at least one more hint that would make this a gamma-target, which sometimes just get surrounded in order to reach higher valued targets. no shit.

it would take too long to elaborate this further, but it's out there.
  • #344,071
  • Dec 10, 2010 2:58pm Dec 10, 2010 2:58pm
Quoting SirMcPip
Hello my friend.....in times of crisis the USD is King as all assets are being liquidated fast. This financial crisis is just getting started, so ole Ben can play with his printing press extensively as all US $ will eventually be absorbed. The next year will see a temporary economic recovery along with a drop in the USD. One can scoop off some dirt cheap dollars soon . This forex market is controlled by politicians and these economic reports that everybody is constantly waiting for are just entertainment for the masses, Cheers.
Hey SirMcPip,

Nice flag on your avatar. Have one up in my backyard but the problem is that people down under tap on my door and asking me if I can help them out with their medical needs.


Anyway have a good one.

Cheers
  • #344,072
  • Dec 10, 2010 3:00pm Dec 10, 2010 3:00pm
Quoting Mr Hatch
am ende schreien sie wieder, dass sie einen virus haben.

was macht eigentlich tradingcat? hast du zu ihm noch kontakt?

Jau ... Kater macht schlicht ne Pause ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #344,073
  • Dec 10, 2010 3:05pm Dec 10, 2010 3:05pm
alright, leaving the market's zero-line at 1.32284 as the last tradeable price until sunday.

have a nice weekend, holiday, xmas and so on.
  • #344,074
  • Dec 10, 2010 3:10pm Dec 10, 2010 3:10pm
Quoting Mr Hatch
alright, leaving the market's zero-line at 1.32284 as the last tradeable price until sunday.

have a nice weekend, holiday, xmas and so on.
Jau ... machet jut ... biss denne ... in alter Frische ...


Inserted Video


Hallo hallo hallo ... is' das die Irrenanstalt ? ? ?
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #344,075
  • Dec 10, 2010 3:17pm Dec 10, 2010 3:17pm
Quoting Mr Hatch
that wasn't a joke.

the cross of the two tl defines a delta-target (having two agreeing factors). i didn't check, but i'm quite sure there is at least one more hint that would make this a gamma-target, which sometimes just get surrounded in order to reach higher valued targets. no shit.

it would take too long to elaborate this further, but it's out there.
I know. you right. laughing is good bro, i dont have to have a joke for that . Its good for health too . Wish you a very happy and enjoyable weekend.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #344,076
  • Dec 10, 2010 3:27pm Dec 10, 2010 3:27pm
Quoting samdani786
I know. you right. laughing is good bro, i dont have to have a joke for that . Its good for health too . Wish you a very happy and enjoyable weekend.
Jawoll ... have a nice one ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #344,077
  • Dec 10, 2010 4:48pm Dec 10, 2010 4:48pm
Schlußkurs => 1.3227/28 ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #344,078
  • Edited 5:08pm Dec 10, 2010 4:53pm | Edited 5:08pm
Quoting Magix
Better suggestion....

Ima thinking he should start by shutting his shit down until the new year...it ain't gunna get any easier between now and then....

i withdrew most of my money out of my accounts today so that i cant trade this bs pa. I learned my lesson in aug-sept that trading during choppy pa is risky and extremely difficult to ride a trend when there is none. Markets are very thin, patterns are screwed up, ive been noticing higher than normal spreads as well. Leaving money in my account is too tempting to trade it, so i just took it out that way it is impossible for me to loose. I cant trade this type of pa, some ppl can but i cant.

From wed til close today i had 8 losers(10%) It wasnt bad MM, i just had losing trades. Hey it happens.... Thats usually a good indicator to me that its time to go back to harbor and regroup thoughts and wait till the market has strong conviction with many traders in it that are willing to pay me. It took me a few years to realize this, but ive found this: Knowing when to stay out of the market is the most important edge(along with great risk mgmt) you will ever have as a trader in forex.
  • #344,079
  • Dec 10, 2010 5:37pm Dec 10, 2010 5:37pm
Quoting mfoste1
Knowing when to stay out of the market is the most important edge(along with great risk mgmt) you will ever have as a trader in forex.
Amen Brother, Amen.
Don't Panic. Stay With You're Group.
  • #344,080
  • Dec 10, 2010 6:08pm Dec 10, 2010 6:08pm
http://img1.imagehyper.com/t/0/0/350...6-93982d3e.gif

Long term is Bearish Trend
The Market is still neutral
Will it keep going Bearish or it will break the Trendline to go Bullish?
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