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  • #366,941
  • Jan 18, 2011 7:27am Jan 18, 2011 7:27am
Quoting PhAnTi'
what do u mean with all over the place? i do trade 20 % of my time, 80 % learning . Just gambling and trying things with pretty pretty small accounts ( below 300 €).
please clarify
Hero calls followed by margin calls...
  • #366,942
  • Jan 18, 2011 7:28am Jan 18, 2011 7:28am
Attached Image (click to enlarge)
Click to Enlarge Name: loony.jpg Size: 70 KB




..... on its way
  • #366,943
  • Jan 18, 2011 7:28am Jan 18, 2011 7:28am
Quoting pip1hunter
I don't think so,now a few people who work here,I live Chicago,London is commodity market.

Stop listening to your buddy in the pub:

The relative ranking of foreign exchange trading centres has changed slightly from the previous survey. Banks located in the United Kingdom accounted for 37% of all foreign exchange market turnover, against 35% in 2007, followed by the United States (18%), Japan (6%), Singapore (5%), Switzerland (5%), Hong Kong SAR (5%) and Australia (4%).

http://www.bis.org/publ/rpfxf10t.pdf

2 seconds on Google and you would not have looked like a bit of a you know what here.

The US is only half the size of London, and that includes CME and NY
  • #366,944
  • Jan 18, 2011 7:29am Jan 18, 2011 7:29am
Words are GREAT! but what about the TRUE RESULTS .....

NO ONE STEPPED forward but YET WE CAN TALK AROUND IT.......

I am not saying no one here will become a good trader but just realized that NO ONE really knows anything......and has PROOF.....

If this market is not a scam......


Quoting Hda
Alexxi: well put - you show that you understand that trading is about probabilities. The general sample size for trading is 25 trades. Of the 25, based on equity management and risk reward the probability on how succesful you are is based on the winners and losers.
  • #366,945
  • Jan 18, 2011 7:30am Jan 18, 2011 7:30am
Quoting grandpost
Has anyone here made money consistently for over 6 months......
i dun ..... but i have far better results than that...

i have lost 80% of the time since i started..... this is what i call consistent...
ha ha ha
  • #366,946
  • Jan 18, 2011 7:30am Jan 18, 2011 7:30am
Quoting T@rantula
Guys....many different opinions and styles.

My advice is: Wait for entry. Exploit London session to its maximum. LONDON is the forex CAPITOL. Not Waltstreet....believe me.

1-4 entries per day ( 2 averaging) is enough. Even a good perfect entry per day is adequate as far as you are consistent. Many scalpers wont agree with me but what the hell- im not such a scalper maybeim bad scalper haha, but seriously i dont need it.

T
Good advice for all of us. Thanks for keeping it in our minds.
  • #366,947
  • Jan 18, 2011 7:30am Jan 18, 2011 7:30am
Quoting wormboy
Done, dx i/d trend is nearing completion on the 7 hour mark. Possible consolidation or reversal on the eurusd in the making.

Good luck.
Consolidation as expected. My position is still flat & will only take EurUsd sell position once DX close back above 79.9
However, if DX support 79.75 is taken, I will look to buy.

Good luck.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx3.gif Size: 22 KB
Click to Enlarge Name: dx4.gif Size: 20 KB
Thank You
  • #366,948
  • Jan 18, 2011 7:32am Jan 18, 2011 7:32am
Quoting buonvangvn
add long 1.3373
out 3 long (1.373, .83, 89)(total 15 pips )
  • #366,949
  • Jan 18, 2011 7:32am Jan 18, 2011 7:32am
Quoting grandpost

If this market is not a scam......

Of course it is a scam. 4Trn traded a day, hmmmmm.
  • #366,950
  • Jan 18, 2011 7:32am Jan 18, 2011 7:32am
Quoting grandpost
Proof? My FRIEND........No trust....this forum is a BUBBLE.......it will help you advance only if knowledge increases......

BUT DO NOT LIVE UNDER FALSE PRETENSE THAT ANYONE HERE KNOWS ANYTHING>>>>>>
Interesting few posts, but not helpful at all. Personally I have a 90% success rate on my trades, but I only trade on a small account, my issue is and always has been with letting my 10% losses run way too far. But yes I make a living, I don't make fortunes, I make a living.

I invest my own money, I don't risk others so I don't post my calls here. I also know that Forexfactory is brilliant for judging the way the market is going. When Everyone (except a certain few) says Bull, it's going bear, and vice versa.
I operate with clear definite rules, if I break them I lose BIG!
  • #366,951
  • Jan 18, 2011 7:32am Jan 18, 2011 7:32am
Quoting grandpost
Proof? My FRIEND........No trust....this forum is a BUBBLE.......it will help you advance only if knowledge increases......

BUT DO NOT LIVE UNDER FALSE PRETENSE THAT ANYONE HERE KNOWS ANYTHING>>>>>>
as i even said it earlier this week, i know whom i trust and how to filter out ff.com input.

thats all.

but please stop spamming this thread telling that this is just trash in here....
Hero calls followed by margin calls...
  • #366,952
  • Jan 18, 2011 7:33am Jan 18, 2011 7:33am
Well guys,

here are the most important levels for today
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-eurusd-30Min.JPG Size: 162 KB
The best thing that can happen to you is to find out where you're wrong.
  • #366,953
  • Jan 18, 2011 7:34am Jan 18, 2011 7:34am
How does this help your trading ......except burn a few brain cells and take a few brain memory cartridges.......

I think it's funny because people think this big sell now is due to the NEWS.......Hilarious.......


Quoting cloggie
Stop listening to your buddy in the pub:

The relative ranking of foreign exchange trading centres has changed slightly from the previous survey. Banks located in the United Kingdom accounted for 37% of all foreign exchange market turnover, against 35% in 2007, followed by the United States (18%), Japan (6%), Singapore (5%), Switzerland (5%), Hong Kong SAR (5%) and Australia (4%).

http://www.bis.org/publ/rpfxf10t.pdf

2 seconds on Google and you would not have looked like a bit of a you know what here.

The US is only half...
  • #366,954
  • Jan 18, 2011 7:34am Jan 18, 2011 7:34am
Quoting grandpost
Proof? My FRIEND........No trust....this forum is a BUBBLE.......it will help you advance only if knowledge increases......

BUT DO NOT LIVE UNDER FALSE PRETENSE THAT ANYONE HERE KNOWS ANYTHING>>>>>>
Grandpost: I dont know why you r doing this and cloggie, please dont take him/her on - I only hope granpost will share with us what he knows to help the rest of us be more profitable.

This forum is set up for sharing and to help each other grow. Please contribute positively to the forum as you are very much welcomed as everyone else here.
  • #366,955
  • Jan 18, 2011 7:34am Jan 18, 2011 7:34am
Quoting wormboy
Consolidation as expected. My position is still flat & will only take EurUsd sell position once DX close back above 79.9
However, if DX support 79.75 is taken, I will look to buy.

Good luck.

Yup, the rally to the top failed once more, I am just taking little stabs at scalping the top here for a bit till we get a direction, still biased short.
  • #366,956
  • Jan 18, 2011 7:35am Jan 18, 2011 7:35am
Quoting pip1hunter
Hi Tarntula,I think The Chicago Mercantile Exchange is heart of forex not London
Wrong. LONDON is the heart. Do u know what is the overall volume of all FOREX trading in London session?
  • #366,957
  • Jan 18, 2011 7:35am Jan 18, 2011 7:35am
Quoting Hda
Wormboy: I remember that movie. I loved it - yep, that was his favorite line, " Im your Huckleberry "
cool cat he is

Quoting chazzle
It's the Million $ Man - wassup wormboy
It's billion $ now chaz.

Doing great my friend. How have you been?
Thank You
  • #366,958
  • Jan 18, 2011 7:36am Jan 18, 2011 7:36am
Quoting grandpost
How does this help your trading ......except burn a few brain cells and take a few brain memory cartridges.......

I think it's funny because people think this big sell now is due to the NEWS.......Hilarious.......

If you can't figure out how the distribution of volumes during different sessions can help your trading, you are a bigger noobie then I thought a few pages back.
  • #366,959
  • Jan 18, 2011 7:37am Jan 18, 2011 7:37am
long again 1.3377
  • #366,960
  • Jan 18, 2011 7:37am Jan 18, 2011 7:37am
Quoting Hda
pip1hunter: 75% of the 3.5 trillion that is traded on the forex happens during london - T@rantula is correct.
Ofcourse. I dont talk about something if i am not sure about it.
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