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EURUSD

  • #355,081
  • Dec 30, 2010 3:18pm Dec 30, 2010 3:18pm
I trade weekly timeframes. I don't intraday trade. It has been said that those who intraday trade lose in the long run, I wouldn't know. My sl's are big, but my tp's are bigger. Now this Clowny, I meant Cloggie guy is a day trader. It may very well be true that he can determine intraday movement much better than myself,I wouldn't know. He has his style, and I have mine. Is he actually more profitable I wouldn't know. Anyone can call a move after the fact. Even myself. The problem I get is his name calling and such, as if he was the great Forex Messiah.
In regards to contributions, I'll post a chart when the need arises, otherwise there are plenty of charts posted already. In addition, Not everyone sees the same thing on a chart as the next person. Now I haven't seen any of Clownies charts, nor have I seen him post a winning trade before hand. Although he is now a member of my iggy list, I'm still going to get him a subscription to the muppet show since he must have missed out when he was a little kid!

That is all!
All that is left in FF is just plain garbage. "Cloggie"
  • #355,082
  • Dec 30, 2010 3:21pm Dec 30, 2010 3:21pm
Quoting PayTheLimit
Truth is valid points are made, but overall this thread has its shortcomings, just like the real world...
Forex Factory is a great place for newbies to spread their wings, and the sparring along the way is very entertaining.

Once in a while, somebody may have a good projection to call.

You have made some nice ones the past 12 hours, I have watched a few of them.

Cheers.
TheCableGuy
  • #355,083
  • Dec 30, 2010 3:21pm Dec 30, 2010 3:21pm
Quoting majdalawi84
???
Okay, first things first...

Close down Mozilla with your Facebook Account...

Second, decide if your trades are at a point of tolerable loss or not...Things could get a lot worse here...
1. If they are, close them and don't look back.
2. If you could tolerate losing a couple more bucks, set a stop loss on these, and what you would want for profit...TP/SL.

NEXT

Close down your platform for the rest of this year.

Open a demo account for the start of the new year, and start learning.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #355,084
  • Dec 30, 2010 3:22pm Dec 30, 2010 3:22pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting majdalawi84
???
Close your trade out, I don't think we are visiting your B/E any time soon.

But I'm just guessing.
  • #355,085
  • Dec 30, 2010 3:22pm Dec 30, 2010 3:22pm
Quoting pinkiaiii
ok any traders here can post what could we expect for 2morow ?thank you.
  • #355,086
  • Dec 30, 2010 3:25pm Dec 30, 2010 3:25pm
Quoting majdalawi84
???
first what the fook u are doing 3 orders from the same point 63 64 65 this is bull .

one at time no more do u know any thing about MM

u got mail in here
  • #355,087
  • Dec 30, 2010 3:27pm Dec 30, 2010 3:27pm
Quoting kill56
first what the fook u are doing 3 orders from the same point 63 64 65 this is bull .

one at time no more do u know any thing about MM
Also a stop loss should be determined before the trade is made!
All that is left in FF is just plain garbage. "Cloggie"
  • #355,088
  • Dec 30, 2010 3:27pm Dec 30, 2010 3:27pm
Quoting redsword11
ascending triangles usually have a horizontal upper tl and tend to break north


descending triangles usually have a horizontal lower tl and tend to break lower

dx has a wedge or symmetrical triangle - it can break either way
Thank you, you are right.
But a test of the upper TL could be in or a little bounce off the lower LT at least. It would be strange if it broke now but sure not imposible

thx
  • #355,089
  • Dec 30, 2010 3:29pm Dec 30, 2010 3:29pm
so i wish u all a nice Easter!


hapipipin
dreams do come true.
  • #355,090
  • Dec 30, 2010 3:29pm Dec 30, 2010 3:29pm
Quoting majdalawi84
???
close ff then trade....
  • #355,091
  • Dec 30, 2010 3:31pm Dec 30, 2010 3:31pm
hi everyone, ho magix and wannaberich

quick question , i was wandering is there any site or any brokers that show you online the contracts people buy?

i am curious on seing what people are buing on a daily basis and i rememeber seeing somewhere once the % of people buying what currency

hope someone can help me.
  • #355,092
  • Dec 30, 2010 3:33pm Dec 30, 2010 3:33pm
Interesting bit by Marc Faber on USTs.


http://www.zerohedge.com/article/mar...dal-investment
You can remain irrational longer than you can remain solvent.
  • #355,093
  • Dec 30, 2010 3:35pm Dec 30, 2010 3:35pm
Quoting alexxi
hi everyone, ho magix and wannaberich

quick question , i was wandering is there any site or any brokers that show you online the contracts people buy?

i am curious on seing what people are buing on a daily basis and i rememeber seeing somewhere once the % of people buying what currency

hope someone can help me.
There are 2 theories on using this information.

1. Is to go with the flow. Do what others do...
2. The other is to go against. As stats say, 90% of retailers are losers and account busters, going against will make you the profitable one.

My personal opinion...This data is completely useless, and could only serve to confuse you. Keep with the charts and learn to follow the money. Let others to their own devices.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #355,094
  • Dec 30, 2010 3:36pm Dec 30, 2010 3:36pm
Quoting skozyuk
Now that the cat is out of the bag, please do tell us mortal "muppets" that don't have shiny 10V+ tag what this "FF EXPLORER" project is?
Quoting Magix
In an effort to keep FF up to date, the site managers are constantly working on improvements. After brainstorming and before implementation they have some members test the features for viability.

Given the number of projects and array of members testing, I don't think anybody could tell you what might or might not pass testing stages to the point of fruition.

You will know when we all know.

Asked and answered.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #355,095
  • Dec 30, 2010 3:38pm Dec 30, 2010 3:38pm
Quoting kill56
first what the fook u are doing 3 orders from the same point 63 64 65 this is bull .

one at time no more do u know any thing about MM

u got mail in here
i did that coz i watched the calander and knew that good news for dollar
so i think it will be bear candle like oil ...
u see that
  • #355,096
  • Dec 30, 2010 3:39pm Dec 30, 2010 3:39pm
Quoting Magix
There are 2 theories on using this information.

1. Is to go with the flow. Do what others do...
2. The other is to go against. As stats say, 90% of retailers are losers and account busters, going against will make you the profitable one.

My personal opinion...This data is completely useless, and could only serve to confuse you. Keep with the charts and learn to follow the money. Let others to their own devices.

good point, thanx for the reply
  • #355,097
  • Dec 30, 2010 3:42pm Dec 30, 2010 3:42pm
Quoting alexxi
hi everyone, ho magix and wannaberich

quick question , i was wandering is there any site or any brokers that show you online the contracts people buy?
http://www.forexrazor.com/Tools/Reso...f-Traders.aspx
  • #355,098
  • Dec 30, 2010 3:45pm Dec 30, 2010 3:45pm
Quoting majdalawi84
i did that coz i watched the calander and knew that good news for dollar
so i think it will be bear candle like oil ...
u see that
well its the end of the year any way daily the eur is bullish for the last 3 days true we had a positive news from the US and the eur went the other way still a lot to learn .

look at the left of u screen click on privet message read mail
  • #355,099
  • Dec 30, 2010 3:46pm Dec 30, 2010 3:46pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Magix
There are 2 theories on using this information.

1. Is to go with the flow. Do what others do...
2. The other is to go against. As stats say, 90% of retailers are losers and account busters, going against will make you the profitable one.

My personal opinion...This data is completely useless, and could only serve to confuse you. Keep with the charts and learn to follow the money. Let others to their own devices.
Honestly, the whole going against retailers thing will probably put you bust as well.

Just saying that's not the biggest reason newbies like myself lose or have lost.

I realized my biggest reasons for losing were making quick assumptions off 1-2 pip movements, then seeing a trade come back to B/E and I would lose anywhere from 1 to 15 pips, and out of fear close the trade.

I would make 10-15 of these types of trades if not within a day, within a few days .

Then to top it off, I'd have 1 or 2 large trades a week, go against me for 100 pips or so with no SL.

Good stuff.

Most new traders don't recognize S/R and enter at ridiculous times. And what causes them to lose a good portion of their money in the long run is the spread, they just continually give money to the spread and don't plan their trades.
  • #355,100
  • Dec 30, 2010 3:47pm Dec 30, 2010 3:47pm
Quoting kill56
first what the fook u are doing 3 orders from the same point 63 64 65 this is bull .

one at time no more do u know any thing about MM

u got mail in here
@Kill. I noticed that you and a few other guys here have this voodoo thing going on in your user name. Is that some kind of a system, or a club or something?
All that is left in FF is just plain garbage. "Cloggie"
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