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  • #363,421
  • Jan 12, 2011 3:08pm Jan 12, 2011 3:08pm
Quoting OldQuant
I wasn't on at the time, and didn't ask:

That's an absolutely gorgeous Pollock you posted. Do you happen to know either it's name or what museum owns it? (assuming that it's not yours, of course)
Galaxy, 1947

Museum or current owner...no Idea...

Was more specifically posting the clear resemblance of the abstract use of colors to the general use of trend lines...

Personally...not a Pollock fan...

Nor a Trend Line fan for that matter....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #363,422
  • Jan 12, 2011 3:11pm Jan 12, 2011 3:11pm
Quoting iTrader

good night
Itrader: congratulations - please remember - I stated if you are going to trade this currency pair between today and tomorrow, you will have to get in quick and get out fast and that is exactly what you did. 8 to 10 pip scalps.

congratulations

You style of trading had nothing to do with what I said - but you did do the right thing however.

Well done
  • #363,423
  • Jan 12, 2011 3:12pm Jan 12, 2011 3:12pm
Quoting kill56
he came in naked thats why
Kill 56: Maybe he did, Im inclined to think he just forgot.
  • #363,424
  • Jan 12, 2011 3:13pm Jan 12, 2011 3:13pm
Quoting gatorinla
key place atm
http://www.youtube.com/watch?v=dHFLwe98rYM&feature=fvst
Gatorinla: Love the clip, it was like waiting on NFP at 8:30am EASTERN
  • #363,425
  • Jan 12, 2011 3:14pm Jan 12, 2011 3:14pm
Quoting Hda
OldQuant: Thanks about the swissy. With respect to the options expiry dates please see list below as per my Reuters feed.
I both misread and was brain-dead. I was thinking "listed" even though monthly expiry has come and gone. So those are vanilla otc's they're reporting.

Not challenging the idea of importance herein, but is is very typical that otc options, in interest rates, energy, and currency, use averaging windows for the settlement levels v the strikes, for the obvious reasons. These windows' terms may or may not be reported, and while would not totally mitigate overall effects, if any, they do mitigate last-minute shenanigans.
  • #363,426
  • Jan 12, 2011 3:17pm Jan 12, 2011 3:17pm
Quoting OldQuant
I both misread and was brain-dead. I was thinking "listed" even though monthly expiry has come and gone. So those are vanilla otc's they're reporting.

Not challenging the idea of importance herein, but is is very typical that otc options, in interest rates, energy, and currency, use averaging windows for the settlement levels v the strikes, for the obvious reasons. These windows' terms may or may not be reported, and while would not totally mitigate overall effects, if any, they do mitigate last-minute shenanigans.
OldQuant: Understood. Yeah, these are all Vanilla.
  • #363,427
  • Edited 3:30pm Jan 12, 2011 3:22pm | Edited 3:30pm
Quoting Magix
Galaxy, 1947...clear resemblance of the abstract use of colors to the general use of trend lines...
Thanks. Reason for asking was that a print of that will make a perfect gift for an upcoming birthday. (I'm not a big fan of Pollock either, but young'uns with art training often are).

Oil Painting reproduction of Galaxy 1947 by Jackson Pollock faithfully recreated by hand using the finest art quality linen canvas and Winsor and Newton oil paints: 44.09 x 34.72 in $368.

Yikes. Guess I'm going to have to pay attention and coat-tail some of the trade ideas here, or else go ahead and get that greeter job at Wal-Mart.
  • #363,428
  • Jan 12, 2011 3:28pm Jan 12, 2011 3:28pm

Quoting redsword11
remove this question - you will start a war
  • #363,429
  • Jan 12, 2011 3:31pm Jan 12, 2011 3:31pm
sold @ 1.31304


all in
  • #363,430
  • Jan 12, 2011 3:34pm Jan 12, 2011 3:34pm
Quoting redsword11
sold @ 1.31304


all in
redsword11: Whats your stop loss and exit?
  • #363,431
  • Jan 12, 2011 3:36pm Jan 12, 2011 3:36pm
Quoting ForexTreeGuy
You got to know the lingo so here is a series of definitions. Find his post with the word search and you will be blessed with the keys to the market.

Todays Word:NY has set the high









Look at how he has dialed in the market movement, what time frame he is using and what time he enters the market. this is a great post people enjoy!
Daytrading is all about how the sessions behave and interact. Price is the interaction between the fundamentals and the technicals, knowing what to expect during which session and what to do when a session has done its thang should keep a daytrader out of rubiish trades.

This thread is becoming all about the !d!ots leading the noobies astray. Let's face it out of the 1,000 viewers here, 900 are clueless, 80 are scammers and fraudsters, another 15 are on the brink and 5 know what they are doing.

My new year's resolution was not to poke the sh!t anymore this year and I will work really hard at it.

I keep getting questioned as to my reasoning for being here. I have been in this business in one form or another for 20 years. If you stand in the queue at a supermarket and you watch the prices coming up on the scanner for the customer in fornt of you and you can clearly see how they get ripped of paying 20 pounds for a bottle of milk, you would speak up and draw attention to it.

I started here last year in an effort to help out and guide some of the willing and eager in the right direction, that continuously gets spoiled by the army of muppets that just won't allow that to happen. They are so hellbent on either scamming the unsuspected here or leading them astray that they will continuously jump on anyone en masse that tries to be a voice of reason.

Yeah I am not nice, being nice has never made anyone any money, you need to be ruthless, quick and confident to make it in this business after all you make money on someone elses loss.

It seems you are paying attention to what I am trying to share here at times. The fun has definetely gone out of it a long time ago.

Threads like this will never change the percentage of failure of retail traders, I have come to accept that and for me this is becoming just a source of entertainment while I wait for my setups or manage my trades.

C
  • #363,432
  • Jan 12, 2011 3:36pm Jan 12, 2011 3:36pm
Quoting Hda
redsword11: Whats your stop loss and exit?

manual stop for now - no more than 20 pips and first tg 1.30860 ish
  • #363,433
  • Jan 12, 2011 3:37pm Jan 12, 2011 3:37pm
Quoting redsword11
manual stop for now - no more than 20 pips and first tg 1.30860 ish

Attached Image (click to enlarge)
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  • #363,434
  • Jan 12, 2011 3:38pm Jan 12, 2011 3:38pm
Quoting redsword11
manual stop for now - no more than 20 pips and first tg 1.30860 ish
redsword11: try not to fall asleep - normally I use my cell phone to snooze every 30mins and that saves me alot of times.
  • #363,435
  • Jan 12, 2011 3:41pm Jan 12, 2011 3:41pm
Quoting Hda
redsword11: try not to fall asleep - normally I use my cell phone to snooze every 30mins and that saves me alot of times.

hope its not the iphone .........
  • #363,436
  • Jan 12, 2011 3:43pm Jan 12, 2011 3:43pm
Quoting redsword11
hope its not the iphone .........
redsword11: Nah!!!! Its a simple nokia - I just use the phone to answer and make calls - nothing more.
  • #363,437
  • Jan 12, 2011 3:44pm Jan 12, 2011 3:44pm
Attached Image (click to enlarge)
Click to Enlarge Name: rav.jpg Size: 92 KB




excuse the language - l am offically in RAGE MODE


STEP ASIDE
  • #363,438
  • Jan 12, 2011 3:46pm Jan 12, 2011 3:46pm
had to leave the computer today just after the last dip to 129xx and had my tp set on my long for way too little pips.

but there will always be another day so not worrried, i have already learned to be patient and not to worry if i miss a good day.

however just to comment, my hat off to you cloggie ! great call on the longs and no one else defended the long openly like you did and you were right. and although normally cloggie doesnt take any shi*t (to put it mildly ) i can see that today no bad posts, so my hat off again!!!

i wanted to do my tp higher but since some people were saying short i doubted myself, and that i know wouldnt do, i got to trust my instincts and my logic if they are not right i SHOULDNT TRADE at all.
  • #363,439
  • Jan 12, 2011 3:50pm Jan 12, 2011 3:50pm
i have learned from you and that says a lot

i trade eur fx futures and what a day it was

I have no bias and trade each 'session' like it is a new day

I knew there were certain times of the day when the eurfx [eur/usd] tend to run you have helped shed light on why those times are important

your knowledge of the market moving in 20 to 30 pts [pips] is so correct



I read the post of a few traders who know what they are dong everyone else is on ignore

definitely one of those traders that I can learn something from

ie have been trading since 1985

know something about trading lol
  • #363,440
  • Jan 12, 2011 3:54pm Jan 12, 2011 3:54pm
Quoting alexxi

however just to comment, my hat off to you cloggie ! great call on the longs and no one else defended the long openly like you did and you were right.

Last month I got a lot of sh!t from some of the 10V fraudsters here and wanted to prove them wrong, so I posted my position trades for a change. I am up 200 on fibre, and that is just one of my position trades, overall am over 1,200 in the green for the week on just my pos trades. I let my trading and calls do the talking, killing two birds with one stone really.

Am trying hard not to poke the sh!t.

You really need to plan your trades and execute them before you look into this forum and get sidetracked by the muppets.
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