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  • #354,761
  • Dec 30, 2010 9:00am Dec 30, 2010 9:00am
Quoting T@rantula
Yep mate...Im on break from trading till 6th-7th january and I will be back. I also need a holiday :0 Thanks for asking.
Good stuff man, addiction is never a good thing.
  • #354,762
  • Dec 30, 2010 9:00am Dec 30, 2010 9:00am
It amazes me how much clarity I gain after a move takes place.
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  • #354,763
  • Dec 30, 2010 9:00am Dec 30, 2010 9:00am
Quoting Piters
Again:


REPEAT AFTER ME:

I will NEVER- EVER-NEVER-NEVER- EVER fade the STRONG TREND !!
ok ok, i got it man.
  • #354,764
  • Dec 30, 2010 9:01am Dec 30, 2010 9:01am
Quoting numb nuts
It amazes me how much clarity I gain after a move takes place.
LOL numb nuts
  • #354,765
  • Dec 30, 2010 9:01am Dec 30, 2010 9:01am
Quoting apt
Hey cloggie, can you explain?

All good news from the US, risk on, EU buying month end cycle, GBP selling of (clearing 48Bn month end balance pmt), good 7 yr auction on the back of failed ECB cash withdrawal, rounded bottom H4, sloping TL daily, Monthly needs a wick, EG looking for 8660, loads of signals.
  • #354,766
  • Dec 30, 2010 9:01am Dec 30, 2010 9:01am
Done some bad trades today...

Im long from 300 expecting today 57, my tp is at 45 with a stop at 88( thinking of a slow chop move up)...

Think that it should not go under that level..
  • #354,767
  • Dec 30, 2010 9:02am Dec 30, 2010 9:02am
Quoting numb nuts
It amazes me how much clarity I gain after a move takes place.
hmmm, i think that's called hindsight.
  • #354,768
  • Dec 30, 2010 9:02am Dec 30, 2010 9:02am
short 1.3310 tp 1.3250 sl 1.3330
  • #354,769
  • Dec 30, 2010 9:02am Dec 30, 2010 9:02am
Quoting Piters
Again:


REPEAT AFTER ME:

I will NEVER- EVER-NEVER-NEVER- EVER fade the STRONG TREND !!
Hi Piters,i think you could post that every hour ,every day and some still wouldn't get it,but then someones got to loose.
You can remain irrational longer than you can remain solvent.
  • #354,770
  • Dec 30, 2010 9:04am Dec 30, 2010 9:04am
Quoting PipChick
PTL..I think you were in a good trade. I usually scale out and move stop to BE.
Yea, even better now. I really try to avoid trading past LO +3hrs, I was a little naughty today. I might start experimenting with scaling out in the new year, I will need to work on it metally. Usually when I want out, I want out.
Look Sharp/Trade Tight
  • #354,771
  • Dec 30, 2010 9:04am Dec 30, 2010 9:04am
Quoting Vladimir1987
Done some bad trades today...

Im long from 300 expecting today 57, my tp is at 45 with a stop at 88( thinking of a slow chop move up)...

Think that it should not go under that level..
There is a slight chance of a pull back to test 3275 in order to gain more momentum.
  • #354,772
  • Dec 30, 2010 9:04am Dec 30, 2010 9:04am
What does it mean to "Fade a trend"?


Also I saw some line one someones chart that said... HS <-- What does that mean.. "I am targeting my HS." High Score? ha ha ha

I am still learning the lingo and the acronyms of forex. I thought learning Chinese was hard, but I think Forex makes Chinese look a lot easier.
Luck has no place in trading. Leave that for the poker table.
  • #354,773
  • Dec 30, 2010 9:04am Dec 30, 2010 9:04am
Quoting cloggie
All good news from the US, risk on, EU buying month end cycle, GBP selling of (clearing 48Bn month end balance pmt), good 7 yr auction on the back of failed ECB cash withdrawal, rounded bottom H4, sloping TL daily, Monthly needs a wick, EG looking for 8660, loads of signals.
  • #354,774
  • Edited 9:07am Dec 30, 2010 9:04am | Edited 9:07am
Quoting apt
Hey cloggie, can you explain?
Here another audience.

Good unemployment data, and good chicago pmi data, yet the trend still move up?

Am sidelined. aware that every NY session the trader push the e/u down everydays this 2 weeks.

Edit: see cloggie reply, I read the post kinda slow.
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #354,775
  • Dec 30, 2010 9:04am Dec 30, 2010 9:04am
Quoting cloggie
All good news from the US, risk on, EU buying month end cycle, GBP selling of (clearing 48Bn month end balance pmt), good 7 yr auction on the back of failed ECB cash withdrawal, rounded bottom H4, sloping TL daily, Monthly needs a wick, EG looking for 8660, loads of signals.
so .. what numbers you calling for the next couple weeks in

Aud/Usd
Eur/Usd
Usd/Jpy

/?
  • #354,776
  • Dec 30, 2010 9:05am Dec 30, 2010 9:05am
The worst month of trading my life so far. End up -ve this year but that's okay. No pain, no gain. Learn from mistakes. Many pips to all of us next year & hope to see you guys again after holiday.

Until then...

HAPPY NEW YEAR 2011...
  • #354,777
  • Dec 30, 2010 9:07am Dec 30, 2010 9:07am
Quoting Pair-me-up
What does it mean to "Fade a trend"?


Also I saw some line one someones chart that said... HS <-- What does that mean.. "I am targeting my HS." High Score? ha ha ha

I am still learning the lingo and the acronyms of forex. I thought learning Chinese was hard, but I think Forex makes Chinese look a lot easier.
FADE -> short
HS -> Head & Shoulders http://stockcharts.com/school/doku.p...nd_shoulders_t

more: -> http://www.forexlive.com/forex-jargon
  • #354,778
  • Dec 30, 2010 9:07am Dec 30, 2010 9:07am
Quoting cloggie
All good news from the US, risk on, EU buying month end cycle, GBP selling of (clearing 48Bn month end balance pmt), good 7 yr auction on the back of failed ECB cash withdrawal, rounded bottom H4, sloping TL daily, Monthly needs a wick, EG looking for 8660, loads of signals.
thx for info clogg... i dunno much about fundamentals all i know the triangle break upside

the funny thing is they keep shorting...
Verily, in every difficulties there is relief
  • #354,779
  • Dec 30, 2010 9:08am Dec 30, 2010 9:08am
Quoting PipChick
There is a slight chance of a pull back to test 3275 in order to gain more momentum.
I see some slowing momentum showing. Ill close if 300 goes and reenter later.

Thanks
  • #354,780
  • Dec 30, 2010 9:09am Dec 30, 2010 9:09am
What do you think will be the most probable price action from now on till end of Friday
According to the guppy and kumo cloud might be still uptrend
Any idea?
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- May Buddha bless you.
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