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  • #389,461
  • Feb 17, 2011 10:55am Feb 17, 2011 10:55am
Quoting matobe
Look for 1.3657 - 1.3690 area......watch the price action and candle formation by using the 4h tf......maybe we can catch the revesal trend tommorow.....good luck all
  • #389,462
  • Feb 17, 2011 10:59am Feb 17, 2011 10:59am
lets see if it falls again or stays up
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  • #389,463
  • Feb 17, 2011 10:59am Feb 17, 2011 10:59am
Quoting aarontdang
I'm up

+ 17% since sunday ....
including all my positions that are negative now...
Well, I am happy for you. I want to see everyone succeed in this world.

To me, and this is just strictly based on your comments here on the forum, that your style of trading is 'place an order and pray'.

In my experience, that only leads one direction. Works out for a while, then kablooey.

That is why I feel like you are rolling the dice with every trade. No plan, no direction. Just placing an order and seeing where it is goes. IMO, thats a luxury and a view that should only be taken once the order is at break even.

Not trying to attack you here mate. We all need help and thoughts in this world... I just hope I can transfer some of my mistakes to others before they inevitably walk down the same path that so many of us take here.
  • #389,464
  • Feb 17, 2011 11:00am Feb 17, 2011 11:00am
Quoting fontu
Bull may be more than happy able near 3620 ( 3616 actually ) 61.8% fib retracement & as part of sell of possible or take some profit to at least rest on the support 3575 & decide happy with it or not ,
anyway only shorts at all these levels working well.above risky.
fontu
I think the same also fontu, if the bears come in we may have a big bear day for the rest of the day and tomorrow.
Former Trader Of the Year of the 95% losing club! Retired
  • #389,465
  • Feb 17, 2011 11:02am Feb 17, 2011 11:02am
Quoting Mr Hatch
think about tp in the 3590s, because there is some big hands buying the dips.
Thanks for the heads up MR Hatch but i'm targering much lower, Hopefully we see a trend change around these levels.
Former Trader Of the Year of the 95% losing club! Retired
  • #389,466
  • Feb 17, 2011 11:02am Feb 17, 2011 11:02am
cya later, guys.
  • #389,467
  • Feb 17, 2011 11:03am Feb 17, 2011 11:03am
Quoting Venice
Well, I am happy for you. I want to see everyone succeed in this world.

To me, and this is just strictly based on your comments here on the forum, that your style of trading is 'place an order and pray'.

In my experience, that only leads one direction. Works out for a while, then kablooey.

That is why I feel like you are rolling the dice with every trade. No plan, no direction. Just placing an order and seeing where it is goes. IMO, thats a luxury and a view that should only be taken once the order is at break even.

Not trying to attack...

When i take position, i don't mind because
the position is very small ... like 10K ....
but my account i can buy like 100X that ....
i never believe i can make the right choice
I can accept the wrong choice and lose
like - 100 PIPS and i only retrace about 10-20 PIPS..
i can break even out

London is about to close ....
this pair might go south ...
if not, i'll take Stop Loss around 35 PIPS
  • #389,468
  • Feb 17, 2011 11:05am Feb 17, 2011 11:05am
Quoting Mr Hatch
cya later, guys.
Later good sir.
  • #389,469
  • Feb 17, 2011 11:06am Feb 17, 2011 11:06am
i see the bulls are very stubborn today
i hope 1,3620 will not be broken today
but i think they will break above that level soon
  • #389,470
  • Feb 17, 2011 11:07am Feb 17, 2011 11:07am
Werd. Very good advice Venice and it seems as though you type from the heart. Very admirable

Quoting Venice
Well, I am happy for you. I want to see everyone succeed in this world.

To me, and this is just strictly based on your comments here on the forum, that your style of trading is 'place an order and pray'.

In my experience, that only leads one direction. Works out for a while, then kablooey.

That is why I feel like you are rolling the dice with every trade. No plan, no direction. Just placing an order and seeing where it is goes. IMO, thats a luxury and a view that should only be taken once the order is at break even.

Not trying to attack...
  • #389,471
  • Feb 17, 2011 11:08am Feb 17, 2011 11:08am
Ok i'm filled in for 1.3618...come on bears where are you guys.
Former Trader Of the Year of the 95% losing club! Retired
  • #389,472
  • Feb 17, 2011 11:08am Feb 17, 2011 11:08am
Unfortunately I think it happens sooner then later


Quoting thorr
i see the bulls are very stubborn today
i hope 1,3620 will not be broken today
but i think they will break above that level soon
  • #389,473
  • Feb 17, 2011 11:10am Feb 17, 2011 11:10am
T1 1.337
t2 1.325

gl
  • #389,474
  • Feb 17, 2011 11:11am Feb 17, 2011 11:11am
Bearish divergence on M1.
Reached H4 trendline.
Short @ 1.3616
SL: 1.3630
Trade to enjoy... Money is after!
  • #389,475
  • Feb 17, 2011 11:11am Feb 17, 2011 11:11am
Venice.....

I have 3 seperate accounts ...

I play with small one first ...

I can blow up that one ....

usually when i type here ....
I tend to play around a lot...
but this is serious $

i'm up 25% last week .. then blow up 12.5% ...
so still up 12.5% last week...

This week so far 17% ... i didn't want to blow it up

the week is almost over

I have short @ 1.3513
  • #389,476
  • Feb 17, 2011 11:11am Feb 17, 2011 11:11am
short. let's see how that goes.

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  • #389,477
  • Feb 17, 2011 11:17am Feb 17, 2011 11:17am
Quoting Rgali1
Ok i'm filled in for 1.3618...come on bears where are you guys.
As long as there is talk about a possible QE3, the dollar is going to struggle.
  • #389,478
  • Feb 17, 2011 11:17am Feb 17, 2011 11:17am
direct hit of that trendline to the pip!
Don't have an ego. Always question yourself and your ability.
  • #389,479
  • Feb 17, 2011 11:18am Feb 17, 2011 11:18am
Quoting Rgali1
Ok i'm filled in for 1.3618...come on bears where are you guys.
raises hand
Don't have an ego. Always question yourself and your ability.
  • #389,480
  • Feb 17, 2011 11:18am Feb 17, 2011 11:18am
Quoting PriceVolume
As long as there is talk about a possible QE3, the dollar is going to struggle.

Bull make $
Bear make $

just depend on
which side you're on

As of now ... I learned that..
There is never a top and never a bottom...
which meant never pick top nor bottom
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