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  • #400,541
  • Mar 3, 2011 4:53pm Mar 3, 2011 4:53pm
Quoting balut
this thread is only for the show and the traders here are 90% losers and 10% posers. I was reading this thread yesterday before the eu shoot up to 140 pips in one hour most of them are selling and on the sideline only tarantula give a shot to buy it and got lucky.

if you want serious trading visit the http://www.forexfactory.com/showthread.php?t=241760 and you will be see the huge different of this thread.
hehe... that's my favourite quote out of the thread you mention.
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  • #400,542
  • Mar 3, 2011 4:55pm Mar 3, 2011 4:55pm
Quoting rattyo
probably doesn't have much of a reason other than that's the day high and price isn't pushing much higher. People do this kind of thing all day on this thread if you read it, stand in the front of a bus and get mowed over. They last a few weeks and then never to be heard of again.

but lets be realistic that trade probably wont work and it will be blown away soon.

Maybe when you constantly venom spitting imbecile really really hard try to open your eyes, maybe, maybe even you could be able to spot some good trades with a high RR setting........
  • #400,543
  • Mar 3, 2011 4:57pm Mar 3, 2011 4:57pm
Quoting jezek5
Nice little trade there Infinitus,161 fib expansion
covering your back aswell.
SL moved to BE, because I do not like that price just stopped where it stopped
  • #400,544
  • Mar 3, 2011 4:59pm Mar 3, 2011 4:59pm
Quoting Mr Hatch
hehe... that's my favourite quote out of the thread you mention.
Hey Mr Hatch,i wonder if todays news has lowered the $ bull count.
I think FXCM's ssi is starting to go short the $,
maybe a bounce is not to far away.
What you think?
You can remain irrational longer than you can remain solvent.
  • #400,545
  • Mar 3, 2011 4:59pm Mar 3, 2011 4:59pm
Quoting SunTrader
Gordon I think you wil agree with that theory in time.

You're moving in the right direction but there are so many really who have no clue ("I've fallen and can get up" trades) and/or are looking to have others spoon feed them their trades - not knowledge.
Thanks SunTrader I do agree with the fact that new peeps need to learn and I see your point so graciously put.
I also know that adults do not learn from people who possess the human flaws i mentioned. They need people with the right attitude to send them in the right direction or thread to learn with encouragement to seek the answers for themselves. Not a your stupid and can't make it attitude.

I appreciate your posts and respect your knowledge, so thank you.
  • #400,546
  • Mar 3, 2011 5:00pm Mar 3, 2011 5:00pm
Quoting infinitus
SL moved to BE, because I do not like that price just stopped where it stopped
ema 55 on m5.
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  • #400,547
  • Mar 3, 2011 5:03pm Mar 3, 2011 5:03pm
Quoting infinitus
SL moved to BE, because I do not like that price just stopped where it stopped
Yea,time of day,bid and ask just sitting there looking at each other.
You can remain irrational longer than you can remain solvent.
  • #400,548
  • Mar 3, 2011 5:03pm Mar 3, 2011 5:03pm
Quoting jezek5
Hey Mr Hatch,i wonder if todays news has lowered the $ bull count.
I think FXCM's ssi is starting to go short the $,
maybe a bounce is not to far away.
What you think?
i am definitely the wrong person to ask... the thing with me is that when I see such a strong rallye like the recent one, I lose faith in the resistance I have on my charts.

we have been parked here for a reason... you can see this frequently happening since 1.18.
I just cannot estimate the strength of a support/resistance.

btw: the completed Frankie-path.
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  • #400,549
  • Mar 3, 2011 5:06pm Mar 3, 2011 5:06pm
Quoting Mr Hatch
i am definitely the wrong person to ask... the thing with me is that when I see such a strong rallye like the recent one, I lose faith in the resistance I have on my charts.

we have been parked here for a reason... you can see this frequently happening since 1.18.
I just cannot estimate the strength of a support/resistance.
Ok,thanks for the answer.
You can remain irrational longer than you can remain solvent.
  • #400,550
  • Mar 3, 2011 5:08pm Mar 3, 2011 5:08pm
Quoting freelancer
All signs that this ratio will be even better are already there...
thank you
  • #400,551
  • Mar 3, 2011 5:09pm Mar 3, 2011 5:09pm
Quoting jezek5
Hey Mr Hatch,i wonder if todays news has lowered the $ bull count.
I think FXCM's ssi is starting to go short the $,
maybe a bounce is not to far away.
What you think?


Hi Jezek,

when I got it right here at the FF board, most traders believe that it will go higher (much higher). Typical sign of herding.

I have established short positions @3968 since Trichet speaking. My SL is only a few pips away. We are right at the downsloping trendline (1.5x, 1.42x). If this is breached, we are inn for some higher targets.

If you plan to short, this area is the best to protect the positiion with only a few pips on risk
  • #400,552
  • Mar 3, 2011 5:09pm Mar 3, 2011 5:09pm
Quoting FibbinArchie
yeah, usually during the best moves of the day, lol

hmm, really need to sort that out...
I know how you feel. I only just managed to jump on the 13:30 buy when Mr T was talking. Though i'd earlier missed a buy signal at 1.3816 which was a kick in the face... look where I would have been now... Anyway when do you reckon everyone will get back to normal after Mr. T hiked it up abit this afternoon?
  • #400,553
  • Mar 3, 2011 5:10pm Mar 3, 2011 5:10pm
Quoting infinitus
and for you infinitus
  • #400,554
  • Mar 3, 2011 5:12pm Mar 3, 2011 5:12pm
Magix,

I'm still laughing my ass off at that one. Good trades to you.
  • #400,555
  • Mar 3, 2011 5:13pm Mar 3, 2011 5:13pm
Quoting acetrader
Magix,

I'm still laughing my ass off at that one. Good trades to you.
why don't you just quote it for us all to have a laugh?
  • #400,556
  • Mar 3, 2011 5:16pm Mar 3, 2011 5:16pm
Made 65pips today on short positions and because of my greed and not following original plan i didnt make 140pips that i could. Anyway great trading day for myself - good lesson learnt.


Looking at the current chart and especially D1 im with freelancer. If eur/usd hits 1.40 then it will drop hard. As i live in europe i know how crappy situation it is now. Many countries struggling with the debt and recession so there's no way euro can sky rocket high and pass 1.40 and go north. It wont happen.

Im placing 2 short orders @ 1.4005 and 1.4010 in case it hits 1.40 with SL @ 1.4035, as SL hunting always take place when price hits important levels.

any feedback is welcome
cheers
  • #400,557
  • Mar 3, 2011 5:16pm Mar 3, 2011 5:16pm
Quoting infinitus
Hi Jezek,

when I got it right here at the FF board, most traders believe that it will go higher (much higher). Typical sign of herding.

I have established short positions @3968 since Trichet speaking. My SL is only a few pips away. We are right at the downsloping trendline (1.5x, 1.42x). If this is breached, we are inn for some higher targets.

If you plan to short, this area is the best to protect the positiion with only a few pips on risk
Thanks Infinitus,been playing the kiwi,aussie more lately,
i like the swaps on them but euro is getting very close
to a reflection point and i've started to get interested
in it again,done for today.
Good luck with your trade,a pull back to just above
3900 isn't out of the question imo.
Goodnight.
You can remain irrational longer than you can remain solvent.
  • #400,558
  • Mar 3, 2011 5:19pm Mar 3, 2011 5:19pm
Quoting infinitus
Hi Jezek,

when I got it right here at the FF board, most traders believe that it will go higher (much higher). Typical sign of herding.

I have established short positions @3968 since Trichet speaking. My SL is only a few pips away. We are right at the downsloping trendline (1.5x, 1.42x). If this is breached, we are inn for some higher targets.

If you plan to short, this area is the best to protect the positiion with only a few pips on risk
I dont believe it will go up to fibo 100% from 1st Nov. I think it will drop once it hits 1.40 if its strong enough to hit it.

cheers
  • #400,559
  • Mar 3, 2011 5:20pm Mar 3, 2011 5:20pm
Quoting mario83
....... It wont happen........

any feedback is welcome
You did ask so all I'll add is - won't, never, always should be left out our of your trading posts, at least as it relates to price action.
  • #400,560
  • Mar 3, 2011 5:24pm Mar 3, 2011 5:24pm
Quoting citiboy
looks like a overshot pos at the moment...but is anybody else looking for a move to the highlighted area?

This seems to be the ideal spot for a reversal...thats the 3 year trendline.


The question is how do you enter the trade?

Ive got started here at .3950.

2nd short entry- .4170
3. Short entry- .4250


any input?

mate, my short postition is set at 13990 and 14030 and 14045
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