DislikedI can see it testing 3100 before London open. I'm taking a short now at 3124.Ignored
- #353,382
- Dec 28, 2010 7:33pm Dec 28, 2010 7:33pm
- | Membership Revoked | Joined May 2010 | 1,979 Posts
- #353,384
- Dec 28, 2010 7:37pm Dec 28, 2010 7:37pm
- | Membership Revoked | Joined May 2010 | 1,979 Posts
same view, going to short eu but waiting for london session.
- #353,386
- Dec 28, 2010 7:38pm Dec 28, 2010 7:38pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
help me please,,
why i always sell at buttom and buy at top,,??
how about my position ,,
Remember the most important part of trading is minimizing losses, not trying to capture pips/profits.
Trade micro lots until you can show a pattern of success and keep it simple. There is no holy grail.
Don't Panic. Stay With You're Group.
- #353,389
- Dec 28, 2010 7:47pm Dec 28, 2010 7:47pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
why i always sell at buttom and buy at top,,??
how about my position ,,
“It is surprising how many experienced traders there are who look incredulous when I tell them that when I buy stocks for a rise I like to pay top prices and when I sell I must sell low or not at all. It would not be so difficult to make money if a trader always stuck to his speculative guns that is, waited for the line of least resistance to define itself and began buying only when the tape said up or selling only when it said down. He should accumulate his line on the way up”
The Thief of Wall Street
- #353,392
- Dec 28, 2010 7:48pm Dec 28, 2010 7:48pm
- Joined Oct 2008 | Status: sideline is a position | 105,215 Posts
those who can, do. those who cant, talk about those who can
- #353,394
- Dec 28, 2010 7:59pm Dec 28, 2010 7:59pm
I try not to "expect" anything although it sure is knocking hard on the 23% daily fib. I wouldn't be surprised if you are correct however there isn't much volume to run it up. My stop is at 3142 but if it shows strength up to 3134 I'm out.
- #353,395
- Dec 28, 2010 8:05pm Dec 28, 2010 8:05pm
- Joined Apr 2009 | Status: Live and learn. | 25,281 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
I was going to say "hope" but I thought "expectation" would sound better..
Don't Panic. Stay With You're Group.
- #353,397
- Dec 28, 2010 8:08pm Dec 28, 2010 8:08pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
why i always sell at buttom and buy at top,,??
how about my position ,,
If you pay attention.. you'll always spot a good setup.. LONG or SHORT..
Again.. study the Charts.. do your HOMEWORK.. That's the ONLY way.
HERE.. i took long.. [scalp].. will see hows going..
[Chart]
- #353,398
- Dec 28, 2010 8:09pm Dec 28, 2010 8:09pm
I was going to say "hope" but I thought "expect" would sound better..
http://img5.imageshack.us/img5/2889/20101229eu1h.jpg
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Silent Reader with Ninja style, LOL!
- #353,399
- Dec 28, 2010 8:10pm Dec 28, 2010 8:10pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street