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  • #411,441
  • Mar 22, 2011 10:54am Mar 22, 2011 10:54am
Quoting vladimir1987
i love forex i lose so easy im sick of it.
Dont have the will to continue...


Good luck guys im giving it up.
Вован, не гони коней. Пиши.
No crystal ball. I read the cards.
  • #411,442
  • Mar 22, 2011 10:54am Mar 22, 2011 10:54am
Oil firms; protests spread to Syria
Written by Jamie Coleman
March 22, 2011 at 15:14 GMT
Syria is seeing growing protests today, along with Yemen and Bahrain. Markets remain nervous that he protests will spread to Saudi Arabia in a major way…
Front-month crude is up $1.17 to 103.50.
All else being equal, rising oil tends to support EUR/USD.

Source:
forexlive
  • #411,443
  • Mar 22, 2011 10:55am Mar 22, 2011 10:55am
Quoting Larseg
as 45 is the high of 5th november wouldnt BE be in its right place instead of inc. risk?
now you break even... and should be up 70 pips... so either i take profits or cover any open shorts.
  • #411,444
  • Mar 22, 2011 10:56am Mar 22, 2011 10:56am
Quoting thelws
i've learnt to wait for confirmations after dojis. its not like a doji reverses all the time. not anymore in this market.

but no worries, another signal will come lol. i can wait
It was a perfect bounce. Just draw a channel. Screw lesser TFs. They cheat.

3-ple bottom and doji vs support. Also it was 4189 a place to long at....So its 60 40 probability to go up.

I called it @ 4191. Watch the channel middle. It needs to thrust 4216 for a further up. Its a good place to scale out and keep the rest for intraday profit
  • #411,445
  • Mar 22, 2011 10:56am Mar 22, 2011 10:56am
Quoting FishHead
Boy, I really hate it when I'm right.
sounds like you need to define your plan better man. otherwise its gonna get you again in the future.
  • #411,446
  • Mar 22, 2011 10:57am Mar 22, 2011 10:57am
Are the S&P and FTSE100 the two best trading instruments ever????

i am loving those two this month... so easy to read
  • #411,447
  • Mar 22, 2011 10:57am Mar 22, 2011 10:57am
Quoting FishHead
Well, I trade on the shorter TFs because I want to feel like I'm actually working. I figure more effort = more $ as opposed to making a trade and sitting on my ass watching it when I could be making entries at dips/spikes. Funnily enough, I make the biggest profits when I through in only a single lot a opposed to the usual 5-6 and leave it running overnight. It's just that I can't sleep when I do that and I get neurotic from sleep-deprivation.

I've been following red's thread for a while, but they trade so many different pairs that it's hard...
Tin foil is cheap and you can google some pretty styling hats on the interwebs, don't let this little obstacle keep ya from learning...lol

Pres78 worked on one of the volume indies for the house, link below.
http://www.forexfactory.com/showthre...25#post4485525

Throw it onto a chart and see if it makes sense to ya. Infinitely, I advocate for people learning stuff for themselves, it does solidify the knowledge...but reading a few passes don't hurt much either.

Hey, if it don't make any sense to ya or if ya see no value, chuck it out and look for something that does...I been at this game a few years and still continue to watch from different angles.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #411,448
  • Mar 22, 2011 10:57am Mar 22, 2011 10:57am
http://91.193.194.98/invest/




thought i'd exposed some gentlemen i know
C.O.B.R.A FX - MENACE TO MY BROKER!!
  • #411,449
  • Mar 22, 2011 10:58am Mar 22, 2011 10:58am
Quoting Patience
That's a shame but understandable. It's a hard road to travel. I'm not sure I would have travelled it if anyone had told me how hard it was going to be when I first started.

All the best.
That actually is a good point.
  • #411,450
  • Mar 22, 2011 10:59am Mar 22, 2011 10:59am
Quoting T@rantula
It was a perfect bounce. Just draw a channel. Screw lesser TFs. They cheat.

3-ple bottom and doji vs support. Also it was 4189 a place to long at....So its 60 40 probability to go up.

I called it.
haha, at one point i wanted to press the button but i wasn't sure. so i didn't do anything.

but... if 4217 gets taken out, you can be sure i'll be loading longs lol.

and judging form pa... doesn't seem like it wanna go up right now.
  • #411,451
  • Mar 22, 2011 11:00am Mar 22, 2011 11:00am
Quoting BrunargarFx
HI Magix,
what do you mean by quick on the trigger? micro managing them?
Yes, we have dropped below daily support and have not tested for resistance.

The longer tfs are still favoring the bulls, shorter says we hitting bear country and the immediate says we are bucking resistance all the way back to the turn of day.

I never really saw what I would call true signs of reversal here, so this could just be a little shakedown before the next topside attack...

1m will always be my fav chart, really, it don't take much to enter and exit trades...the other tfs create significant areas of trend targets...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #411,452
  • Mar 22, 2011 11:01am Mar 22, 2011 11:01am
we are on 50% fib retracement on the daily high..
  • #411,453
  • Mar 22, 2011 11:02am Mar 22, 2011 11:02am
Quoting FishHead
Boy, I really hate it when I'm right.
Man, you must love it when you're wrong then.
  • #411,454
  • Mar 22, 2011 11:05am Mar 22, 2011 11:05am
who in here has the credit for that 267EMA ? looks good on 5m. trying to say a lot especially when you zoom out
  • #411,455
  • Mar 22, 2011 11:06am Mar 22, 2011 11:06am
Quoting T@rantula
long @ 4191, doji reversal candle on channel bottom.

Will monitor the trade. TP opened
It looks like a pretty elegant setup, I am in as well.
  • #411,456
  • Mar 22, 2011 11:06am Mar 22, 2011 11:06am
Thanks for that Magix.
I use higher TF for longer trends but for scalping, I'm on M5 and place my trades on 1M charts.
I re-enter long when it tested 1.4183 for the 4th time.
Just closed it now at 1.4209.




Quoting Magix
Yes, we have dropped below daily support and have not tested for resistance.

The longer tfs are still favoring the bulls, shorter says we hitting bear country and the immediate says we are bucking resistance all the way back to the turn of day.

I never really saw what I would call true signs of reversal here, so this could just be a little shakedown before the next topside attack...

1m will always be my fav chart, really, it don't take much to enter and exit trades...the other tfs create significant areas of trend targets...
  • #411,457
  • Mar 22, 2011 11:08am Mar 22, 2011 11:08am
Quoting Magix
Close your account, open a demo account and learn how to trade.
.....
  • #411,458
  • Mar 22, 2011 11:09am Mar 22, 2011 11:09am
Quoting qwertymyfx
Man, you must love it when you're wrong then.
I do, that's where I make my profits.
  • #411,459
  • Mar 22, 2011 11:10am Mar 22, 2011 11:10am
Quoting chazzle
pending short 14210 SL 14235 TP 14160
Didn't think it would hit but looks like I'm in ...
  • #411,460
  • Mar 22, 2011 11:10am Mar 22, 2011 11:10am
minor retracement on m5
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