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  • #361,721
  • Jan 10, 2011 5:06am Jan 10, 2011 5:06am
Quoting dag777
they have thousands, which one is for business ?
vishnu, ganesha, brahma...?
bishnuss?
  • #361,722
  • Jan 10, 2011 5:06am Jan 10, 2011 5:06am
Quoting gatorinla
ron paul... wants the central banks to fail.. the past dont matter. he funds the imf.. there is no political will in the u.s. to fund other countries. this is a different time.
A guarantee recipe for disaster: politics overriding economics. I disagree, after the free ride of US printing money, they wont allow everything going back to 0 and below ... the cost is too high.

In any case, we'll see. For this morning market is still in that 30+ tick range (a paradise for scalpers I guess) flirting to break up but that trade is not worth in my books so on sidelines for now.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #361,723
  • Jan 10, 2011 5:07am Jan 10, 2011 5:07am
WTF its time for
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  • #361,724
  • Jan 10, 2011 5:07am Jan 10, 2011 5:07am
Quoting Mr Hatch
bishnuss?
yes, this one it must be
  • #361,725
  • Jan 10, 2011 5:08am Jan 10, 2011 5:08am
Quoting Gleneagles
+36 (3 X 12)

MTD + 471

Choppy PA to start the week, participation should start picking up today/tomorrow
Good work Glen.

Is that the FXFreedom indi you are using there or another MTF style.

Hope it keeps up for ya.

G-Man
  • #361,726
  • Jan 10, 2011 5:08am Jan 10, 2011 5:08am
Quoting kill56
WTF its time for
can not, i´m at dayjob, enjoy...
  • #361,727
  • Jan 10, 2011 5:09am Jan 10, 2011 5:09am
Quoting fontu
you are doing great , fast scalping in indecision stage .
fontu
Thanks. GL
  • #361,728
  • Jan 10, 2011 5:10am Jan 10, 2011 5:10am
Quoting vlady1974
Okay... this may be what's killing my game here.

By cycle... are you referring to what you mentioned last week:...

In this case I referred both to the cycle of the range play and to the cycle of the price, as the low was not tested, a short only 10 pips higher would not have given you a retest again without completing the range cycle first.

As to the 20-20 moves, in a way that also did not play out, as the first range filling was just about 20 pips, you could not expect a further one without it testing the range first.

Looking at both range and price, a short mid range would not have been a high probable setup.

You got suckered by a M5 bar that got you to enter a trade based on fear, the fear of missing a further move. You need to be nimble if you decide to scalp and leave your bias at the door.
  • #361,729
  • Jan 10, 2011 5:10am Jan 10, 2011 5:10am
Quoting T@rantula
LOL...

no comment.

Interesting that u laugh after all i told that i look for More confirmation... but i should probably jump the gun every 15 min pinbar

Good luck to u
I don't want a job, i want money!
  • #361,730
  • Jan 10, 2011 5:11am Jan 10, 2011 5:11am
Quoting sisse
A guarantee recipe for disaster: politics overriding economics. I disagree, after the free ride of US printing money, they wont allow everything going back to 0 and below ... the cost is too high.

In any case, we'll see. For this morning market is still in that 30+ tick range (a paradise for scalpers I guess) flirting to break up but that trade is not worth in my books so on sidelines for now.

sisse
some might say the cost is too high to keep funding a failed system. liquidate.
someone else will step in the failed place. at fire sale prices he would have a better chance of making it.
those who can, do. those who cant, talk about those who can
  • #361,731
  • Jan 10, 2011 5:12am Jan 10, 2011 5:12am
Quoting dag777
they have thousands, which one is for business ?
vishnu, ganesha, brahma...?
That was my point, they don't believe in God but in Gods (except for the muslim part of their population), I could have been clearer...
  • #361,732
  • Jan 10, 2011 5:14am Jan 10, 2011 5:14am
this Pair is at least going up for 1.3050 in some hours.
with Greece, Irland, Spain, Portugal problems we even got to 1.40s like 3 weeks ago,
too much media attention has just brought euro down, there is nothing new.

hapily long since 1.2900.
  • #361,733
  • Jan 10, 2011 5:15am Jan 10, 2011 5:15am
Quoting dario1002
Interesting that u laugh after all i told that i look for More confirmation... but i should probably jump the gun every 15 min pinbar

Good luck to u


  • #361,734
  • Jan 10, 2011 5:19am Jan 10, 2011 5:19am
waiting for 2946 to short it otherwise below 2890..
  • #361,735
  • Jan 10, 2011 5:21am Jan 10, 2011 5:21am
I had a signal to buy at 1.2916 on M5 (scalping system I use) but did not go for it. Using the 40pips up (1.2896 - 1.2936) - 20pips down, I suspect that I should wait for price to go back down to 1.2916 (-20pips) before entering?
What do you think?
  • #361,736
  • Jan 10, 2011 5:21am Jan 10, 2011 5:21am
Quoting gatorinla
back to 2927/28 min
short 2932
those who can, do. those who cant, talk about those who can
  • #361,737
  • Jan 10, 2011 5:21am Jan 10, 2011 5:21am
We have a confluence and resistance around 2941. It has been touched. m5 candle suggest stronger buying.

Scalpers may take this into consideration ..
  • #361,738
  • Jan 10, 2011 5:21am Jan 10, 2011 5:21am
any1 know what's the reason of sudden spike of price for most of the pairs? any new rls?
  • #361,739
  • Jan 10, 2011 5:21am Jan 10, 2011 5:21am
Quoting cloggie
In this case I referred both to the cycle of the range play and to the cycle of the price, as the low was not tested, a short only 10 pips higher would not have given you a retest again without completing the range cycle first.

As to the 20-20 moves, in a way that also did not play out, as the first range filling was just about 20 pips, you could not expect a further one without it testing the range first.
I think I'm beginning to understand this. So that range has to be tested first in order to have confidence of a 20 pip move. I take it the low you were referring to was either 1.2887 or 1.2875... so since neither was tested, the range cycle wasn't complete? Am I getting this right?

Quoting cloggie
You got suckered by a M5 bar that got you to enter a trade based on fear, the fear of missing a further move. You need to be nimble if you decide to scalp and leave your bias at the door.
That's true... but the fear was driven by some noobie basics such as a down bar that I enthusiastically willed to be a Lower Top... that then proved not to be. But your cycle analysis makes sense (I think)... it's just no-ones ever put it to me like that before.....

Thanks again Clogs... more thinking on my part to do.

BTW... that's not an empty thanks... I opened the year with a balance of £61 and I am now on $94 using everything you've mentioned. Cheers again!
A pip is only worth it if you know how much you risked to earn it
  • #361,740
  • Jan 10, 2011 5:22am Jan 10, 2011 5:22am
Quoting acidguy
this Pair is at least going up for 1.3050 in some hours.
with Greece, Irland, Spain, Portugal problems we even got to 1.40s like 3 weeks ago,
too much media attention has just brought euro down, there is nothing new.

hapily long since 1.2900.
gl
those who can, do. those who cant, talk about those who can
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