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  • #368,801
  • Jan 20, 2011 4:41am Jan 20, 2011 4:41am
Quoting FibbinArchie
Also buying/selling as close to sup/res as possible greatly reduces sl distance and therefore risk, your stop goes where your analysis is invalidated...
yes....an ideal s/l is between 30-50 pips intraday
  • #368,802
  • Jan 20, 2011 4:41am Jan 20, 2011 4:41am
+72 (6 X 12)

mtd +1104

Scaling down trading to 3 days/week LDN session only until Feb.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Jan. 20 14.35.jpg Size: 74 KB
" Never let the past hold the future to ransom "
  • #368,803
  • Jan 20, 2011 4:43am Jan 20, 2011 4:43am
Quoting vjkk
here it comess....
loved that show.
  • #368,804
  • Jan 20, 2011 4:44am Jan 20, 2011 4:44am
Quoting kill56
%1 -2 not more
If you are comfortable with the risk you can operate much more effectively in your trade management...
  • #368,805
  • Jan 20, 2011 4:44am Jan 20, 2011 4:44am
Quoting qwertymyfx
loved that show.
or was that sesame st.
  • #368,806
  • Jan 20, 2011 4:44am Jan 20, 2011 4:44am
more dickin' around... *sigh*
  • #368,807
  • Jan 20, 2011 4:45am Jan 20, 2011 4:45am
love this PA back to the box
  • #368,808
  • Jan 20, 2011 4:45am Jan 20, 2011 4:45am
Loving the fight!

Go bear, go.
  • #368,809
  • Jan 20, 2011 4:45am Jan 20, 2011 4:45am
Quoting FibbinArchie
I take it that you were kidding, but it highlights a serious point to noobs and also to some old bones...
as long as u don't go above 1%, should be fine.

imagine those idiots who trade without a SL.
  • #368,810
  • Jan 20, 2011 4:46am Jan 20, 2011 4:46am
Quoting Mr Hatch
more dickin' around... *sigh*
dear oh dear.
  • #368,811
  • Jan 20, 2011 4:46am Jan 20, 2011 4:46am
Let's see if we have a little bear

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  • #368,812
  • Jan 20, 2011 4:48am Jan 20, 2011 4:48am
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Click to Enlarge Name: ex.jpg Size: 67 KB



might get a bearish reaction here
  • #368,813
  • Jan 20, 2011 4:48am Jan 20, 2011 4:48am
Quoting sisse
Good luck pay. TA in my books is supporting that move. Timewise is not the best but it should take off v soon (mins) to stall around yesterday high before reports and US open... we'll see

sisse
Nice run and quick intraday rejection. Move didn't finish by a few ticks to yesterday highs as I expected. Interesting piece of information before US and especially employment numbers.

Good luck to all before news with all alarms trigger to worse than expected Unemployment Claims in the US. We'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #368,814
  • Jan 20, 2011 4:49am Jan 20, 2011 4:49am
i will targeted and think about 3700 if the daily close above 3518.. otherwise in front of me it is still bearish with targets 3373, 3157 and 2834
  • #368,815
  • Jan 20, 2011 4:51am Jan 20, 2011 4:51am
Quoting qwertymyfx
as long as u don't go above 1%, should be fine.

imagine those idiots who trade without a SL.
General rule of thumb, if you have butterflies in your stomach when you pull the trigger, then you are probably risking too much...
  • #368,816
  • Jan 20, 2011 4:51am Jan 20, 2011 4:51am
Quoting T@rantula
yes....an ideal s/l is between 30-50 pips intraday
problem is, sometimes a false breakout is hard to tell. is it false or real? You only know it's real until after the event.
  • #368,817
  • Jan 20, 2011 4:51am Jan 20, 2011 4:51am
Just see as they try to hold the 3484 level. Am glued to the screen right now :-)
  • #368,818
  • Jan 20, 2011 4:52am Jan 20, 2011 4:52am
Quoting FibbinArchie
General rule of thumb, if you have butterflies in your stomach when you pull the trigger, then you are probably risking too much...
How about when you get butterflies even in demo?
  • #368,819
  • Jan 20, 2011 4:52am Jan 20, 2011 4:52am
Quoting Mr Hatch
3434
IF 1.3450 becomes the new 1.3250 there are so many targets above

I believe it broke out of that inverted H&S on H4 and tested in earlier at 1.3415
Mind over matter..I don't mind and you don't matter.
  • #368,820
  • Jan 20, 2011 4:52am Jan 20, 2011 4:52am
Quoting Shah22
i will targeted and think about 3700 if the daily close above 3518.. otherwise in front of me it is still bearish with targets 3373, 3157 and 2834
Shah22 are you Shabab?
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