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  • #406,921
  • Mar 15, 2011 7:15am Mar 15, 2011 7:15am
Quoting cloggie
It is starting to consolidate here at the bottom. Long scalps in order for now if you missed out on the drop.
Quoting cloggie

Am off to make some more money here. See y'all later.
..
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  • #406,922
  • Mar 15, 2011 7:16am Mar 15, 2011 7:16am
Quoting PhAnTi'
small test for you guys :

Select a choice :

either you take a 75% chance to win $1000 with a 25% chance of getting nothing (a)

or a sure $700 ? (b)

Then decide whether you take

a sure loss of $700 (a)

or 75% chance of losing $1000 and 25 % chance of losing nothing ? (b)
Assuming the two are linked - I'll go with (a) & (a)

If the trade works out u win $1000 (a 75% win rate is not bad) if the condition warrants it the trade breaks even - u loss nothing. (except the spread!)
If the SL is hit u lose $700. (Acceptabled RR)
Those that say do not know. Those that know do not say.
  • #406,923
  • Mar 15, 2011 7:17am Mar 15, 2011 7:17am
5min/blue......
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Look Sharp/Trade Tight
  • #406,924
  • Mar 15, 2011 7:19am Mar 15, 2011 7:19am
Quoting ohenry
Assuming the two are linked - I'll go with (a) & (a)

If the trade works out u win $1000 (a 75% win rate is not bad) if the condition warrants it the trade breaks even - u loss nothing. (except the spread!)
If the SL is hit u loss $700. (Acceptabled RR)
in the long run you go best with a and a indeed
Hero calls followed by margin calls...
  • #406,925
  • Mar 15, 2011 7:20am Mar 15, 2011 7:20am
ouch, turning cruel now for the yen...ej below MP , uj on the way to ms1
Hero calls followed by margin calls...
  • #406,926
  • Mar 15, 2011 7:20am Mar 15, 2011 7:20am
Quoting PhAnTi'
little hint : it's about taking profits and covering losses
I know
Statistically, if you have 100 trades.
I.
a) = + 75000 USD
b) = + 70000 USD

II.
a) = -70000 USD
b) = -75000 USD

Hmmmm. I. a) and II. a)......looks good :-)
Follow my trading on Twitter and FB: @pumlitch
  • #406,927
  • Mar 15, 2011 7:20am Mar 15, 2011 7:20am
Stay away from JPY unless ...
you're buying JPY ....
no there end to this madness strength in Yen...

I guess they are trying to repeat the
quake of 1995????
  • #406,928
  • Mar 15, 2011 7:22am Mar 15, 2011 7:22am
Quoting T@rantula
I have opened a long. Not a heavy trade.

long @ 3885 s/l 3860
3905 scaled out 2/3. + 20 pips

1/3 BE or 3965
  • #406,929
  • Mar 15, 2011 7:22am Mar 15, 2011 7:22am
Took short at 1.38995. Target 1.38555. Hope to close this to close this trade before New York session.

John.
  • #406,930
  • Mar 15, 2011 7:23am Mar 15, 2011 7:23am
FRANKFURT (Dow Jones)--The European Central Bank Tuesday drained EUR77.5 billion from the euro zone's banking system in its weekly tender of seven-day deposits.
Demand for the tender was strong, as 74 banks placed bids of about EUR119 billion.
About 73.89% of bids were awarded at the marginal rate of 0.69%, the ECB said. The weighted average allotment rate was 0.66%.
The ECB has been conducting weekly auctions of deposits since May 2010, with the aim of neutralizing the liquidity it puts into the banking system with its purchases of euro-zone government bonds.
The ECB said Monday it settled no purchases of euro-zone government bonds last week for a second consecutive week.
  • #406,931
  • Mar 15, 2011 7:24am Mar 15, 2011 7:24am
Quoting aarontdang
Stay away from JPY unless ...
you're buying JPY ....
no there end to this madness strength in Yen...

I guess they are trying to repeat the
quake of 1995????
...

http://www.forexfactory.com/showpost...stcount=234436
http://www.forexfactory.com/showpost...stcount=406335

keep on focus on ur trade guys....free money with a lot of opp. since monday....avoid too much post...

mm more than 800K just like that within 24hrs? ..oppss

good luck ya...

g
  • #406,932
  • Mar 15, 2011 7:31am Mar 15, 2011 7:31am
Quoting T@rantula
3905 scaled out 2/3. + 20 pips

1/3 BE or 3965
BE + 20 overall on this one.
  • #406,933
  • Mar 15, 2011 7:32am Mar 15, 2011 7:32am
Just turn my head and usd/jpy TP of 80 pips was reached..was going to push it little bit more down...
  • #406,934
  • Mar 15, 2011 7:34am Mar 15, 2011 7:34am
Quoting T@rantula
BE + 20 overall on this one.

You got to be nimble on day like today. I love scalping this action, 4-5 trades, 20-30 pips each, cover, reverse 4-5 trades 20-30 pips each. It adds up to serious money at the end of the day. This is looking to become a 1,000 pip day on EU alone.

Get in, get out, get out of the way.
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  • #406,935
  • Mar 15, 2011 7:35am Mar 15, 2011 7:35am
Quoting cloggie
You got to be nimble on day like today. I love scalping this action, 4-5 trades, 20-30 pips, cover, reverse 4-5 trades 20-30 pips. It adds up to serious money at the end of the day.

Get in, get out, get out of the way.
Yes. No heavy swings today.
  • #406,936
  • Mar 15, 2011 7:35am Mar 15, 2011 7:35am
walking the dog keep an eye on ema200 on m30-m1
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  • #406,937
  • Mar 15, 2011 7:36am Mar 15, 2011 7:36am
Quoting cloggie
..

ooopsss... I hope you place SL @ BE
  • #406,938
  • Mar 15, 2011 7:37am Mar 15, 2011 7:37am
sold some..
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  • #406,939
  • Mar 15, 2011 7:37am Mar 15, 2011 7:37am
Quoting cloggie
Get in, get out, get out of the way.
Reading between-the-one-liner.
  • #406,940
  • Mar 15, 2011 7:37am Mar 15, 2011 7:37am
gm. just landed here. i'm sure this is redundant. dow futures 200 points down.
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