- #368,202
- Jan 19, 2011 2:07pm Jan 19, 2011 2:07pm
that was only a joke about short 
i am but not 600pips 
around -80pips by now or so with mini lot,so no panic :]
but the question is i have two pending short orders at 1.3430 and 1.3380,is it a good place to have them or am i taking on to much risk if this thing gonna try to jo higher.Peace
i am but not 600pips around -80pips by now or so with mini lot,so no panic :] but the question is i have two pending short orders at 1.3430 and 1.3380,is it a good place to have them or am i taking on to much risk if this thing gonna try to jo higher.Peace
- #368,204
- Jan 19, 2011 2:07pm Jan 19, 2011 2:07pm
- Joined Oct 2009 | Status: Trader | 15,211 Posts
Sure would have been nice if you had wished this sooner
Let's go down now!
She has not shown a clear direction yet, only just testing the support, this is a biggy and she could still go either way, don't jump in on the first touch of support, see how she reacts and always plan on a fake 'n shake first.
- #368,205
- Jan 19, 2011 2:09pm Jan 19, 2011 2:09pm
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
that was only a joke about short
but the question is i have two pending short orders at 1.3430 and 1.3380,is it a good place to have them or am i taking on to much risk if this thing gonna try to jo higher.Peace
- #368,206
- Jan 19, 2011 2:09pm Jan 19, 2011 2:09pm
- Joined Oct 2008 | Status: CANCELLED MEMBERSHIP | 3,116 Posts
- #368,207
- Jan 19, 2011 2:10pm Jan 19, 2011 2:10pm
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
I've learnt my lesson with you 2 weeks ago regarding this.
Keeping it in mind all the time now
Keeping it in mind all the time now
She has not shown a clear direction yet, only just testing the support, this is a biggy and she could still go either way, don't jump in on the first touch of support, see how she reacts and always plan on a fake 'n shake first.
- #368,208
- Jan 19, 2011 2:11pm Jan 19, 2011 2:11pm
- Joined Oct 2008 | Status: CANCELLED MEMBERSHIP | 3,116 Posts
- #368,209
- Jan 19, 2011 2:11pm Jan 19, 2011 2:11pm
- Joined Oct 2009 | Status: Trader | 15,211 Posts
I've learnt my lessonwith you 2 weeks ago regarding this
Perfect, always wait for confirmation of a direction, give up the first few pips and get in on the confirmation, unless you are a scalper like Redsword who thrives on these kind of setups. ( he would have gotten in on that HnS or R1 earlier)
- #368,210
- Jan 19, 2011 2:11pm Jan 19, 2011 2:11pm
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
I've lost my way in your sentence
A kiss of the backside of backside of the breach upward sloping trendline and a close below the backside of the upward sloping trendline on the 30M will be the trigger to go short.
Lets see how this candle closes at 3:30pm Eastern - 20mins from now.
- #368,212
- Jan 19, 2011 2:13pm Jan 19, 2011 2:13pm
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
I am on capital preservation mode 1st. Don't do as many trades as I used to but try to get the odds in my favour
Perfect, always wait for confirmation of a direction, give up the first few pips and get in on the confirmation, unless you are a scalper like Redsword who thrives on these kind of setups. ( he would have gotten in on that HnS or R1 earlier)
- #368,213
- Jan 19, 2011 2:13pm Jan 19, 2011 2:13pm
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
She has not shown a clear direction yet, only just testing the support, this is a biggy and she could still go either way, don't jump in on the first touch of support, see how she reacts and always plan on a fake 'n shake first.
- #368,214
- Jan 19, 2011 2:14pm Jan 19, 2011 2:14pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #368,215
- Jan 19, 2011 2:15pm Jan 19, 2011 2:15pm
- Joined Oct 2009 | Status: Trader | 15,211 Posts
I am on capital preservation mode 1st. Don't make many trades but try to get the odds in my favour
Find a trading style that suits you and work on that, don't follow anyone here (including me), find your own way first, your own setups, your own timeframe, your own session, your own favourite currencies. Take bits and pieces of what you like here and elsewhere on FF and build your own edge.
- #368,216
- Jan 19, 2011 2:16pm Jan 19, 2011 2:16pm
- Joined Oct 2008 | Status: CANCELLED MEMBERSHIP | 3,116 Posts
I've lost my way in your sentence
I edit the grammer:A kiss of the backside of the breached upward sloping trendline and a close below the backside of the upward sloping trendline on the 30M will be the trigger to go short.
Lets see how this candle closes at 3:30pm Eastern - 20mins from now.
- #368,217
- Jan 19, 2011 2:16pm Jan 19, 2011 2:16pm
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
unless you are a scalper like Redsword who thrives on these kind of setups. ( he would have gotten in on that HnS or R1 earlier)
- #368,218
- Jan 19, 2011 2:17pm Jan 19, 2011 2:17pm
- Joined Oct 2008 | Status: CANCELLED MEMBERSHIP | 3,116 Posts
- #368,219
- Jan 19, 2011 2:17pm Jan 19, 2011 2:17pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #368,220
- Jan 19, 2011 2:18pm Jan 19, 2011 2:18pm
- Joined Oct 2009 | Status: Trader | 15,211 Posts
I think he did 3 hours ago
That's his style and he is d@rn good at it. Guys like bbakker use something very similar but then on H4 and above.