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  • #391,861
  • Feb 21, 2011 10:10am Feb 21, 2011 10:10am
Quoting KillerWhale
My system never NEVER fails, I do what every forex expert tells you not to do. I buy and sell into losing positions.
And believe me, sooner or later I always come out as a winner.

In fact, when I buy or sell into a position, I'm quite happy if it is a losing one. So I can buy or sell more at better prices.

I don't feel comfortable with buying or selling into winning positions.

They don't work for me.

WEIRD?

Why? As long as it works for me.................


Shamu
i kinda remember about 2 years ago. somebody had a bad drawdown and lost some.. was that you?
those who can, do. those who cant, talk about those who can
  • #391,862
  • Feb 21, 2011 10:11am Feb 21, 2011 10:11am
nice shorting into a strong bar off of support in a bullflag on thin liq shakeout day.

Quoting talentfx
possible targets
  • #391,863
  • Feb 21, 2011 10:11am Feb 21, 2011 10:11am
m5
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  • #391,864
  • Feb 21, 2011 10:11am Feb 21, 2011 10:11am
Quoting KillerWhale
My system never NEVER fails, I do what every forex expert tells you not to do. I buy and sell into losing positions.
And believe me, sooner or later I always come out as a winner.

In fact, when I buy or sell into a position, I'm quite happy if it is a losing one. So I can buy or sell more at better prices.

I don't feel comfortable with buying or selling into winning positions.

They don't work for me.

WEIRD?

Why? As long as it works for me.................


Shamu
Have your ever manually pumped air in a tire?

If pressure is building, you keep on pumping. You lose some pressure every time you pump but every additional pumping is above the previous level. However if no pressure is building, something is wrong, probably a puncture.

Same rule applies here.

ps. But don't over pump beyond a certain limit, then wait for TP to get hit.
The Thief of Wall Street
  • #391,865
  • Feb 21, 2011 10:12am Feb 21, 2011 10:12am
Quoting talentfx
possible targets
Homework for today, and dont skip the school

http://www.chartpatterns.com/flagsandpennants.htm
http://www.thestockbandit.com/bull-flag/

btw. keep an eye on your stoch.. why having when you are not using 8.3.3 ??
  • #391,866
  • Feb 21, 2011 10:12am Feb 21, 2011 10:12am
Quoting Dr.Geppynius
nice shorting into a strong bar off of support in a bullflag.
yup it is isnt it man why would someone do that amutures
Ambition
  • #391,867
  • Feb 21, 2011 10:12am Feb 21, 2011 10:12am
Quoting cloggie
That's what Hubler said too for a long time, till he had to admit defeat at a loss of 9Bn.

We generally call you guys liquidity providers, it's a shame though that it is only micro lots. But don't let us stop you, it keeps up the statistics.
Micro lots? That was 2 years ago, now I play Minilots, and lots of them.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #391,868
  • Feb 21, 2011 10:13am Feb 21, 2011 10:13am
Quoting Dr.Geppynius
nice shorting into a strong bar off of support in a bullflag on thin liq shakeout day.
dont worry about the kid, he has some sort or secret trendline...he'll be fine...
Look Sharp/Trade Tight
  • #391,869
  • Feb 21, 2011 10:13am Feb 21, 2011 10:13am
This is the lesson I've never learned so far....
Greed !!!!!!!

For the past 2 weeks.....
I have made + 25% .....
Then I blew up half of it ....

So total profits for the past 2 weeks...

1st : + 12.5%
2nd : + 13.0%

This is week so far + 3%

I know I always loss on Friday if i trade ...
why do I always trade on Friday ...???
Is this trading soooo addictive ????
Make you can't stop....
Somebody know any kind of psychology
that' would help ????

Like quitting for the week after massive gains???
  • #391,870
  • Feb 21, 2011 10:13am Feb 21, 2011 10:13am
Quoting Piters
Homework for today, and dont skip the school

http://www.chartpatterns.com/flagsandpennants.htm
http://www.thestockbandit.com/bull-flag/

btw. keep an eye on your stoch.. why having when you are not using 8.3.3 ??
i could tell you things about the proper way to use stochastics that would turn your way of trading around
Ambition
  • #391,871
  • Feb 21, 2011 10:14am Feb 21, 2011 10:14am
Quoting FishHead
Well, that's a pretty clear rejection of the 50...
Pair has been treading water all day.This will be no man land intraday whith London closed. There is nobody protecting anything intraday so it can fell of inertia if they raise the bid on 1.366x in a few minutes . Better wait for tomorrow if you are not playing sub h4 charts or gambling as some earlier posters ...just my 2 cents.

good luck

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #391,872
  • Feb 21, 2011 10:15am Feb 21, 2011 10:15am
volume is drying up...may be coz president day in US
  • #391,873
  • Feb 21, 2011 10:15am Feb 21, 2011 10:15am
Quoting talentfx
i could tell you things about the proper way to use stochastics that would turn your way of trading around
thnks.. stay around when NYSE close
  • #391,874
  • Feb 21, 2011 10:16am Feb 21, 2011 10:16am
Quoting vox dei
a likely scenario for this week is that it will start with the printing of a high above last week's 3714 followed by test of support @ 3617 area.
shame i didn't took the short. there was a very strong case for downside. on the other hand, i remain true to my system and went long @ 3647. looking good so far, although i'm a little uncomfortable with the position... still seeing 3617 as a possibility today
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #391,875
  • Feb 21, 2011 10:16am Feb 21, 2011 10:16am
i dont know it might go up hey what is a trendline?
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Ambition
  • #391,876
  • Feb 21, 2011 10:17am Feb 21, 2011 10:17am
Quoting Piters
Homework for today, and dont skip the school

http://www.chartpatterns.com/flagsandpennants.htm
http://www.thestockbandit.com/bull-flag/

btw. keep an eye on your stoch.. why having when you are not using 8.3.3 ??
I use 5.3.3, what's the advantage of 8.3.3?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #391,877
  • Feb 21, 2011 10:17am Feb 21, 2011 10:17am
Quoting cloggie
Let 47 show you the way first.
Well done. I am blind on the chart as I don't see where you got this level from, but it made the new recent swing low...
  • #391,878
  • Feb 21, 2011 10:19am Feb 21, 2011 10:19am
Quoting Venice
Well done.

No prob, I didn't want you selling the bottom especially with all the resident muppets here selling it and trying to get more of you to join them. Look at my earlier post I gave you the next one to watch.

Quoting cloggie
47/72.
  • #391,879
  • Feb 21, 2011 10:20am Feb 21, 2011 10:20am
Quoting KillerWhale
I use 5.3.3, what's the advantage of 8.3.3?
ive always used and i use inverted stochastics so when you see overbought i see a buy or trading into losing as you put it
Ambition
  • #391,880
  • Feb 21, 2011 10:21am Feb 21, 2011 10:21am
Quoting cloggie
No prob, I didn't want you selling the bottom.
Already had a sell in from 3672, but as you can tell it has already turned around.

Nothing like a 3 hour wait for a 5 pipper... lol
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