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  • #354,081
  • Dec 29, 2010 4:30pm Dec 29, 2010 4:30pm
i closed my short +2 cause i have to run.. i got a pending at 3240.. tsl
those who can, do. those who cant, talk about those who can
  • #354,082
  • Dec 29, 2010 4:42pm Dec 29, 2010 4:42pm
Quoting gatorinla
i closed my short +2 cause i have to run.. i got a pending at 3240.. tsl
Gatorinla:

Understood - well for me, the Captain goes down with the ship, so I will stand my ground. just have to be patient and wait and see what happens my friend.
  • #354,083
  • Dec 29, 2010 4:49pm Dec 29, 2010 4:49pm
Being on FF for the last year, 99.99% of you are normally trading against the trend; when you think you're actually trading with it..
  • #354,084
  • Dec 29, 2010 4:57pm Dec 29, 2010 4:57pm
Quoting akhtergroup
Being on FF for the last year, 99.99% of you are normally trading against the trend; when you think you're actually trading with it..
share with us your definition of "the trend".....
Don't be a hero. Don't have an ego. Always question yourself
  • #354,085
  • Dec 29, 2010 4:58pm Dec 29, 2010 4:58pm
Quoting akhtergroup
Being on FF for the last year, 99.99% of you are normally trading against the trend; when you think you're actually trading with it..
please explain more, would really like to learn
  • #354,086
  • Dec 29, 2010 4:58pm Dec 29, 2010 4:58pm
Quoting akhtergroup
Being on FF for the last year, 99.99% of you are normally trading against the trend; when you think you're actually trading with it..
Trend is determined by ones own timeframe. In addition to that. People trade what they see on their own charts, not yours!
All that is left in FF is just plain garbage. "Cloggie"
  • #354,087
  • Dec 29, 2010 5:01pm Dec 29, 2010 5:01pm
Quoting tonyo524
Trend is determined by ones own timeframe. In addition to that. People trade what they see on their own charts, not yours!
Hehe was thinking the same..


How its going tonyo, what is your longer term view..

I have a range on the daily..
  • #354,088
  • Dec 29, 2010 5:03pm Dec 29, 2010 5:03pm
the eu had a strong day, and if it can go above 1.324 in the next hours we should see fastely 1.33
Pecunia non olet
  • #354,089
  • Dec 29, 2010 5:05pm Dec 29, 2010 5:05pm
Quoting akhtergroup
Being on FF for the last year, 99.99% of you are normally trading against the trend; when you think you're actually trading with it..
And thatīs your amazing contribution in order to enlighten us?
Great, another NASA expert among us...
  • #354,090
  • Dec 29, 2010 5:10pm Dec 29, 2010 5:10pm
Quoting tonyo524
Trend is determined by ones own timeframe. In addition to that. People trade what they see on their own charts, not yours!
this is one of the most confusing aspects of trading for newbies, you may see a
long on the 5TF while the 1Hour TF may be bearish, I think its critical to trade
the TF of your choice and be able to have an over view of at least 3
consecutive TF,s
"Your Best trade is a loss with minimum risk"
  • #354,091
  • Dec 29, 2010 5:11pm Dec 29, 2010 5:11pm
USD/CHF is 5 pips from making another historic All Time Low.
Entry 0.9515 Exit 0.9370
  • #354,092
  • Dec 29, 2010 5:12pm Dec 29, 2010 5:12pm
NASA Expert..
Quoting Rednose
And thatīs your amazing contribution in order to enlighten us?
Great, another NASA expert among us...
  • #354,093
  • Dec 29, 2010 5:15pm Dec 29, 2010 5:15pm
Quoting Hda
Gatorinla:

Understood - well for me, the Captain goes down with the ship, so I will stand my ground. just have to be patient and wait and see what happens my friend.
Matey, if the ship is a submarine, it won't be half that bad!

However, if the price stays at this level too long it may break the resistance - same as it did at the 3135 level. I've got a long order waiting at 3241 to hedge my short and take me to the 3277 stop with only a few pips lost. Reasoning is that if it breaks above that level chances are good it will hit the stop. I set the hedge itself to stop out if the price returns to 3225 and my short position will then continue the ride down.
  • #354,094
  • Dec 29, 2010 5:20pm Dec 29, 2010 5:20pm
Quoting Hda
USD/CHF is 5 pips from making another historic All Time Low.
Entry 0.9515 Exit 0.9370
is reaching an all time low reason for you to go short?
or is the entry a long and the exit a SL?
Don't be a hero. Don't have an ego. Always question yourself
  • #354,095
  • Dec 29, 2010 5:21pm Dec 29, 2010 5:21pm
Quoting Hda
USD/CHF is 5 pips from making another historic All Time Low.
Entry 0.9515 Exit 0.9370

?
  • #354,096
  • Dec 29, 2010 5:21pm Dec 29, 2010 5:21pm
Quoting Hda
TONYO:

I was sharing in private with wannaberich that having more than one trading account with different brokers is important in achieveing profitabilty. Mistakes made on a trade with one broker can be corrected with another broker, but you need to have significant capital to trade this way.

Personally I have 3 accounts.

Quoting Hda
Gatorinla:

Understood - well for me, the Captain goes down with the ship, so I will stand my ground. just have to be patient and wait and see what happens my friend.

Benchmark
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #354,097
  • Dec 29, 2010 5:22pm Dec 29, 2010 5:22pm
Quoting inception
Matey, if the ship is a submarine, it won't be half that bad!

However, if the price stays at this level too long it may break the resistance - same as it did at the 3135 level. I've got a long order waiting at 3241 to hedge my short and take me to the 3277 stop with only a few pips lost. Reasoning is that if it breaks above that level chances are good it will hit the stop. I set the hedge itself to stop out if the price returns to 3225 and my short position will then continue the ride down.
Inception:

Your explaination is very clear and well thought out. If 1.32388 goes before the 3hr candle closes at 8pm Eastern - your plan of action is prudent.

In my case I an trade multiple currencies so being down on one currency is compensated for being up on the others so i will always sit tight in my trades, because even though I may be down on one currency the whole account is still in the green.

Your thought process is admirable
  • #354,098
  • Dec 29, 2010 5:28pm Dec 29, 2010 5:28pm
Quoting Magix
Benchmark
Maybe we should ask twee to change the name of this thread to "Inspiring the Uninspired" by HDA and move it to the rookie session....or just wait till the scam behind it shows it self and some guys go like: What happened to that guy?...he was sooo nice...

Good evening Magix.
  • #354,099
  • Edited 5:33pm Dec 29, 2010 5:29pm | Edited 5:33pm
Quoting USD-Bear
is reaching an all time low reason for you to go short?
or is the entry a long and the exit a SL?
USD-Bear:

Pleasant Evening to you. I have 2 lots short on the USD/CHF
First Entry: 0.9613 11am Christmas Eve at the open of the 3 hour Candle.
Second Entry: 0.9515 4pm Yesterday at the open of the 1hour Candle.

Exit for both shorts is 0.9370 revised from 0.9410.

The first Psychological level is 0.9400
The second Psychological level is 9300.

Lets see what happens
  • #354,100
  • Dec 29, 2010 5:30pm Dec 29, 2010 5:30pm
Quoting Vladimir1987
Hehe was thinking the same..


How its going tonyo, what is your longer term view..

I have a range on the daily..
So far so good, can't complain. 2010 was pretty decent, outside of the rule changes. Let's see what 2011 brings. I'm dollar bull long term!
All that is left in FF is just plain garbage. "Cloggie"
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