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  • #359,761
  • Jan 6, 2011 9:23am Jan 6, 2011 9:23am
next target. 3036 st .. add in slippage then bounce.
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those who can, do. those who cant, talk about those who can
  • #359,762
  • Jan 6, 2011 9:23am Jan 6, 2011 9:23am
Quoting Mr Hatch
you will be told after the fact by some gurus, after we already moved a couple of hundred pips in either direction.
lol... tp hit. i cannot believe this market.
  • #359,763
  • Jan 6, 2011 9:23am Jan 6, 2011 9:23am
Quoting iflyjetzzz
I listen. And it's definitely improved my trading. I have a short list of posters that I always listen to.
I'm now in the Missouri mode ... Missouri's the 'show me' state. I'll read other members' posts but won't give them any weight until they prove to be reliable sources of information.
Does anyone take any notice of what i've got to say,
being as i'm such a newbee.
You can remain irrational longer than you can remain solvent.
  • #359,764
  • Jan 6, 2011 9:24am Jan 6, 2011 9:24am
Quoting cloggie
I am not here to be liked, quite the contrary. I could not give a toss if people like me, as long as they learn a bit along the way and make a bit of money then I have achieved what I came here to do. I have no interest in becoming a mentor/guru/teacher, I don't have the patience nor the personality for that, I am a trader first.
You really need to put this in your sig line:
Inserted Video


As always, I appreciate your perspective on trading.
  • #359,765
  • Jan 6, 2011 9:24am Jan 6, 2011 9:24am
Quoting cloggie
That is the frustrating bit about this thread, too much noise from the illiterates, too much d!ck swinging by misinformed 10v traders. I don't help at times, I do go a bit too far trying to get my point across. But it is a shame to see so many lose their hard earned cash by taking silly trades.
Cloggie, would be great if you could start a thread on EUR/USD or other pairs and ban people with non-related topics, silly pictures etc.

Some people are keen in learning here: I have started reviewing your posts over x-mas and there is some great stuff (so thanks anyway) I never found in any books. Helps develop the confidence in my trades, but also makes me realize that I am still a long way to go, even after 3 years in the process.
  • #359,766
  • Jan 6, 2011 9:25am Jan 6, 2011 9:25am
Quoting tonyo524
I just went long 3136, 20 pip sl, 3165 tp

Quoting tonyo524
Good Morning people. Just got up. I see long from 3136 was closed at 3157 (top of 15 minute bb). 3200 sell was not triggered, still pending. Daily looks heavy, may not get my fill, but with NFP around the corner, will wait patiently. As mentioned before, 3084 looks to be a heavy support area on the daily, in addition, that 200 sma is starting to slowly creep up to that point. Have a good trading day!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #359,767
  • Jan 6, 2011 9:25am Jan 6, 2011 9:25am
Quoting cloggie
I am not here to be liked, quite the contrary. I could not give a toss if people like me, as long as they learn a bit along the way and make a bit of money then I have achieved what I came here to do. I have no interest in becoming a mentor/guru/teacher, I don't have the patience nor the personality for that, I am a trader first.
How many people have learned from a nice professor??


I remember one teacher from fiziks he was nice i learned nothing like the rest of the class, the other was a lady teaching math she was strict and rarely liked but i fafored here cause i learned so much math from here like the rest of the class..

When the final tests came i didnt even had to learn math and passed...

The other thing is if someone is to stubern and selfminded that he doesnt want to learn...

Now im really off by.
  • #359,768
  • Jan 6, 2011 9:25am Jan 6, 2011 9:25am
Quoting snatch
you should be scared, unless you guys shorted from 3400ish..

just look at the DIX, it looks stiff until you look at the 4hr divergence developing... and also some heavy resistance, so until it breaks 81.50 euro can stomach up to 2980... we'll see
I can see only a laser show in your chart.
I was just scalping on lower TF so the profit is not so bad.
Follow my trading on Twitter and FB: @pumlitch
  • #359,769
  • Jan 6, 2011 9:26am Jan 6, 2011 9:26am
Quoting piptornado
I think I am starting to get it and see things clearer than before.

In the last 3 days i have taken one trade a day, and in those three trades made more than what I used to make with 5 to 10 trades a day.

I'm up almost 16% for the month, and I have to admit the trades were not that hard to spot. I listened of course to some views I respect on here, and when they were in line with what I was thinking, I went for it.

I will now see if anything else shows up very clear, if not, I have regained time in my day for other stuff.

Thanks
Remember what I told you a few day ago about the guy that aims for his 20-30 pips a day, that style suits him and he is laughing all the way to the bank. Overtrading, if you can't handle it will kill most accounts. Finding yourself one trade at the London open, (ignoring the Franky fake) and one trade at the NY open with the occasional "easy" news trade will keep you in the money.

Others are more suited to loads of trades during the day, you need to find what works for you. Trading success and ultimately profit is not about being "in" all the time, it is not even about r/r or MM, it is all about being consistent, that should be your first priority, the rest will follow.
  • #359,770
  • Jan 6, 2011 9:27am Jan 6, 2011 9:27am
Short order triggered at 3069 with 20 pips sl.. target 3006 first
  • #359,771
  • Jan 6, 2011 9:28am Jan 6, 2011 9:28am
Magix, there are some posters that are great contrarian indicators.

That reminds me - I haven't seen SkyzerFX in a while ...
  • #359,772
  • Jan 6, 2011 9:29am Jan 6, 2011 9:29am
Quoting Shah22
Short order triggered at 3069 with 20 pips sl.. target 3006 first

80 % ADR already done,it could get there,but there are easier
ways to make a crust.
You can remain irrational longer than you can remain solvent.
  • #359,773
  • Jan 6, 2011 9:30am Jan 6, 2011 9:30am
3' scalp short
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  • #359,774
  • Jan 6, 2011 9:30am Jan 6, 2011 9:30am
Quoting Shah22
Short order triggered at 3069 with 20 pips sl.. target 3006 first
Careful - price could pull back to 1.3120 and still be valid for a short trade.
  • #359,775
  • Jan 6, 2011 9:31am Jan 6, 2011 9:31am
Quoting jezek5
80 % ADR already done,it could get there,but there are easier
ways to make a crust.

Not quite:

3 day 162.4
5 day 143.4
10 day 133.0
20 day 139.3
30 day 150.6
  • #359,776
  • Jan 6, 2011 9:31am Jan 6, 2011 9:31am
Quoting Magix
wise man

whats the rollover for today
  • #359,777
  • Jan 6, 2011 9:31am Jan 6, 2011 9:31am
gator, the resistance that I used for my 3421 entry has a parallel coming in at 3041ish.
it uses the 2008 spike... how strong do consider it to be?
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  • #359,778
  • Jan 6, 2011 9:32am Jan 6, 2011 9:32am
Quoting cloggie
Not quite:

3 day 162.4
5 day 143.4
10 day 133.0
20 day 139.3
30 day 150.6
I've got a 60 day at 141.
What with NFP tomorrow.
You can remain irrational longer than you can remain solvent.
  • #359,779
  • Jan 6, 2011 9:33am Jan 6, 2011 9:33am
Quoting cloggie
Remember what I told you a few day ago about the guy that aims for his 20-30 pips a day, that style suits him and he is laughing all the way to the bank. Overtrading, if you can't handle it will kill most accounts. Finding yourself one trade at the London open, (ignoring the Franky fake) and one trade at the NY open with the occasional "easy" news trade will keep you in the money.

Others are more suited to loads of trades during the day, you need to find what works for you. Trading success and ultimately profit is not about being "in" all...
Believe me, I remembered. That is why yesterday, instead of being in front of the monitor looking for trades, I was doing research on market times and effects. I will continue today as well. I can see myself just taking one or tops two trades a day. Less stress. I still have a long way to go, but I will get there.
  • #359,780
  • Jan 6, 2011 9:33am Jan 6, 2011 9:33am
Quoting jezek5
I've got a 60 day at 141.
What with NFP tomorrow.

I got a 60 of 166.8
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