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  • #374,981
  • Jan 28, 2011 6:08am Jan 28, 2011 6:08am
hi Tarantula, i am confused with your target as it looks like 61.8 fib is getting tested again and again but PA is smacked right down from there for some reason.
Do you mind to sharing why you think it will going to get to 377x
just curious?

Quoting T@rantula
Thanx mate.You are good too. I made +15 on cable. I wont trade after the noon close. I will only keep EU 2nd part of the trade ( 1st scaled out).

I will close it manually between 3750- 3770 or it will hit BE ( 3705)
  • #374,982
  • Jan 28, 2011 6:10am Jan 28, 2011 6:10am
we r in channel.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 17 KB
  • #374,983
  • Jan 28, 2011 6:10am Jan 28, 2011 6:10am
hmmm..

May be it waits announcment of Advance GDP to break upside or downside.. Till then scalping mode is active..
  • #374,984
  • Jan 28, 2011 6:11am Jan 28, 2011 6:11am
Quoting gatorinla
swapped s atm
s/o..-4
those who can, do. those who cant, talk about those who can
  • #374,985
  • Jan 28, 2011 6:11am Jan 28, 2011 6:11am
Quoting Bleek

Today I traded $100 per point, +80 points.
doin work..
Look Sharp/Trade Tight
  • #374,986
  • Jan 28, 2011 6:11am Jan 28, 2011 6:11am
Quoting T.E.Lawrence
yes: eurgbp, eurjpy, euraud, eurnzd

This is true, Still we have to consider that in 2-3 weeks term-EUR was bought massively against other currencies. That is wha I only recoment buying EUR.
  • #374,987
  • Jan 28, 2011 6:12am Jan 28, 2011 6:12am
Quoting T.E.Lawrence
yes: eurgbp, eurjpy, euraud, eurnzd

I see, I dont follow them...thanks
Look Sharp/Trade Tight
  • #374,988
  • Jan 28, 2011 6:12am Jan 28, 2011 6:12am
Quoting hkkhanus
hi Tarantula, i am confused with your target as it looks like 61.8 fib is getting tested again and again but PA is smacked right down from there for some reason.
Do you mind to sharing why you think it will going to get to 377x
just curious?
1.Zig zag extension pattern on trendline bounce.
2.TP:S/L r:r ratio
3. 3784 is previos swing high ( -15 points due to h4 swing)

Those are solely my calculations. I dont use fib calculator. Only s/r lines and projections.
  • #374,989
  • Jan 28, 2011 6:13am Jan 28, 2011 6:13am

Quoting hkkhanus
hi Tarantula, i am confused with your target as it looks like 61.8 fib is getting tested again and again but PA is smacked right down from there for some reason.
Do you mind to sharing why you think it will going to get to 377x
just curious?
Attached Image (click to enlarge)
Click to Enlarge Name: EU H1.JPG Size: 112 KB
  • #374,990
  • Jan 28, 2011 6:14am Jan 28, 2011 6:14am
Quoting 21vs7
This is true, Still we have to consider that in 2-3 weeks term-EUR was bought massively against other currencies. That is wha I only recoment buying EUR.
Yes, but profits are going to be taken sooner or later. And I'm not trying to pick a top here.
  • #374,991
  • Jan 28, 2011 6:14am Jan 28, 2011 6:14am
isn't US GDP forecast too high?
  • #374,992
  • Jan 28, 2011 6:14am Jan 28, 2011 6:14am
Can't u see people what this guy is trying to do, let me tell, he is posting his results and there are so many newbies on this forum following this guy , it won't shock me ,in couple of months may be in weeks time, he'll start saying ,trading signals but ....
You know what I'm saying, I totally agree that there are so many people here that looses real money and that is not nice a person comes and post his profits.


Quoting Bleek
Not sure you should post profits dude.

Today I traded $100 per point, +80 points. If I started posting that on here constantly it wouldn't help those guys that were losing, it can be very counter productive (I learnt that from my journal).

Just my opinion.
  • #374,993
  • Jan 28, 2011 6:15am Jan 28, 2011 6:15am
please keep this forum a live with educational hints and tips
  • #374,994
  • Jan 28, 2011 6:15am Jan 28, 2011 6:15am
remember folks the quickest way to trash your account is to over leverage...

all very well trading 10+ full size contracts if your equity is a few hundred thou' but I'm pretty sure that quite a few on this thread don't enjoy that luxury...
  • #374,995
  • Jan 28, 2011 6:17am Jan 28, 2011 6:17am
Quoting FibbinArchie
remember folks the quickest way to trash your account is to over leverage...
dam strait brother...
Look Sharp/Trade Tight
  • #374,996
  • Jan 28, 2011 6:18am Jan 28, 2011 6:18am
Quoting Bleek
Not sure you should post profits dude.

Today I traded $100 per point, +80 points. If I started posting that on here constantly it wouldn't help those guys that were losing, it can be very counter productive (I learnt that from my journal).

Just my opinion.
What if he's always right and can't post anything but profits?
  • #374,997
  • Jan 28, 2011 6:19am Jan 28, 2011 6:19am
oh yeah. i said it before. things turned around for me when i started trading only 20% of the trade size i am already comfortable with.

so i am 5 times more relaxed than most here, sipping coffee and playing the video game.

Quoting FibbinArchie
remember folks the quickest way to trash your account is to over leverage...
  • #374,998
  • Jan 28, 2011 6:19am Jan 28, 2011 6:19am
Quoting PayTheLimit
dam strait brother...
yo ptl, wassup bro?
  • #374,999
  • Jan 28, 2011 6:20am Jan 28, 2011 6:20am
Quoting FibbinArchie
remember folks the quickest way to trash your account is to over leverage...

all very well if your equity is a few hundred thou' but I'm pretty sure that quite a few on this thread don't enjoy that luxury...

Ineed. If you cant practice the correct risk management to your account size then stop trading now !!!!! come back when you can do that with the upmost discipline.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #375,000
  • Jan 28, 2011 6:20am Jan 28, 2011 6:20am
Thanks for explaining bro
I'll have to put my learning cap on and start learning
HK

Quoting T@rantula
1.Zig zag extension pattern on trendline bounce.
2.TP:S/L r:r ratio
3. 3784 is previos swing high ( -15 points due to h4 swing)

Those are solely my calculations. I dont use fib calculator. Only s/r lines and projections.
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