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  • #415,341
  • Mar 29, 2011 10:19pm Mar 29, 2011 10:19pm
[quote=Magix;4508143]Great Answer Again...

Solid strategy so far...

But given that you have a bias, and that you really could be very wrong...

Short answers.... I do have enough room to allow for reversal of 1000 pips before I can go broke... secondly I did take some short traders but out of fear of PA reversing ended up closing most of those short with minor gains... in addition I dont hold on to my buys for more than a day in a falling market like this retrace... I still have one buy of 1.4274 which I am still holding.... but really I dont think I have a bias since my support lines are for the month and do not cater to daily or weekly basis.... and to be precise I trade just of 1 min chart....
  • #415,342
  • Mar 29, 2011 10:21pm Mar 29, 2011 10:21pm
Quoting Magix
Great Answer Again...
... I still have one buy of 1.4274 which I am still holding.... but really I dont think I have a bias since my support lines are for the month and do not cater to daily or weekly basis.... and to be precise I trade just of 1 min chart....
I really hope you are joking.
  • #415,343
  • Mar 29, 2011 10:24pm Mar 29, 2011 10:24pm
[quote=Kowalczyk;4508165]
Quoting sriramsh

I really hope you are joking.
Nope not joking just see my chart posted earlier... its a 1 min chart... and I am still holding my 1.4174, I know we will get there if not this week then then next week but I will definitely close that in profit...
  • #415,344
  • Mar 29, 2011 10:25pm Mar 29, 2011 10:25pm
[quote=sriramsh;4508171]
Quoting Kowalczyk

Nope not joking just see my chart posted earlier... its a 1 min chart... and I am still holding my 1.4174, I know we will get there if not this week then then next week but I will definitely close that in profit...
I think I mistakenly quoted 1.4274, its 1.4174... which I still hold....
  • #415,345
  • Mar 29, 2011 10:26pm Mar 29, 2011 10:26pm
[quote=sriramsh;4508171]
Quoting Kowalczyk

Nope not joking just see my chart posted earlier... its a 1 min chart... and I am still holding my 1.4174, I know we will get there if not this week then then next week but I will definitely close that in profit...
There's a reason god created stop loss orders.

I used to trade like you. I always let losses run in an attempt to turn them into a profit. That was long ago, now I am profitable.
  • #415,346
  • Mar 29, 2011 10:27pm Mar 29, 2011 10:27pm
[quote=sriramsh;4508171]
Quoting Kowalczyk

Nope not joking just see my chart posted earlier... its a 1 min chart... and I am still holding my 1.4174, I know we will get there if not this week then then next week but I will definitely close that in profit...
lol, figured that was a typo or else you been holding since october, with price moving 1,400 against your entry...
  • #415,347
  • Mar 29, 2011 10:29pm Mar 29, 2011 10:29pm
[quote=FibbinArchie;4508178]
Quoting sriramsh
lol, figured that was a typo or else you been holding since october, with price moving 1,400 against your entry...

lol... I would have gone broke by now..... if I was holding it since oct....
  • #415,348
  • Mar 29, 2011 10:33pm Mar 29, 2011 10:33pm
[quote=sriramsh;4508185]
Quoting FibbinArchie


lol... I would have gone broke by now..... if I was holding it since oct....
gotta say tho' that one word I've eliminated from my vocabulary (when it comes to talking about trading & the markets anyway) is definitely...
  • #415,349
  • Mar 29, 2011 10:36pm Mar 29, 2011 10:36pm
right these quote texts are coming out wrong and the market has come to a full stop, so getting a few hours shut eye, see u l8tr...

btw uj is lookin' interesting...
  • #415,350
  • Mar 29, 2011 10:36pm Mar 29, 2011 10:36pm
[quote=Kowalczyk;4508177]
Quoting sriramsh

There's a reason god created stop loss orders.

I used to trade like you. I always let losses run in an attempt to turn them into a profit. That was long ago, now I am profitable.
Good to hear that you are profitable..... I dont believe in stoplosses, even though I know my broker doesnt stop hunt me, haven't had an instance of stop hunting till now, I know for sure about my trades, if I lose, its bcos I have misread my chart and made a mistake, I just accept it and move on...
  • #415,351
  • Mar 29, 2011 10:37pm Mar 29, 2011 10:37pm
Quoting fxpreacher
lived in Tampa for 5 years. Ybor city was good to me. I spent a few months in Sobe and did well there also.
Yeah I visit a brother over in St.Pete every couple of months and stop by Ybor now and then.

But South Beach is it. Well except for the "BirdCage" crowd in some venues. I'm less than an hour away so any chance I can get there I do.

I knew South Beach back when it was just south Miami Beach.
  • #415,352
  • Mar 29, 2011 10:38pm Mar 29, 2011 10:38pm
Quoting PriceVolume
Doable. Are you looking for movement of 50 pips from the cross, or from the close of the candle of the cross as for counter measurement? Do you want intrabar entry, or wait for candle close? What about stops?

What you describe is a very easy project....but it needs to be spec'd.....
Well 2 seperate really...

1 that trades on 3 moving averages..
Fast, medium, slow, take profit and stop loss on pips...
Chart 1
1. Slow EMA
2. Trigger for fast EMA crosses Medium and above slow
3. Where trade would execute
4. Decide a trade area and profit range.

Chart 2
1. Fast crosses slow, pip counter begins.
2. Designated number of pips, take trade, (counter trend)
3. Close trade when fast crosses slow to the counter...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1001.jpg Size: 40 KB
Click to Enlarge Name: 1001a.jpg Size: 201 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #415,353
  • Mar 29, 2011 10:43pm Mar 29, 2011 10:43pm
Alright, i'm done for today. Not sure if we can make a new low and highly doubt we will go under 1.4060 anytime soon (for a couple of hours at least). Positions closed for small profit. Good luck to you all.
  • #415,354
  • Mar 29, 2011 10:45pm Mar 29, 2011 10:45pm
morning...
Attached Image (click to enlarge)
Click to Enlarge Name: chart 2.gif Size: 19 KB
Look Sharp/Trade Tight
  • #415,355
  • Mar 29, 2011 10:49pm Mar 29, 2011 10:49pm
Quoting sriramsh
Short answers.... I do have enough room to allow for reversal of 1000 pips before I can go broke.... and to be precise I trade just of 1 min chart....
How are you missing trades this badly off a 1m chart?

If you ever want to leave the world of micro trading, you really have to adjust your levels of tollerance...

Personally, I would suggest, based on your current positions and on your allowence for loss to throw your charts out and start all over.

This my friend, is bad trading.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #415,356
  • Mar 29, 2011 10:50pm Mar 29, 2011 10:50pm
Quoting PipPipPip
asia open has already reached its low. added into position on asia low.
beautiful confirmation forming on the hourly.
  • #415,357
  • Mar 29, 2011 10:52pm Mar 29, 2011 10:52pm
Quoting kill56
lol gator u 68 did kick some ass
it never touched.. in head fake mode

Inserted Video
those who can, do. those who cant, talk about those who can
  • #415,358
  • Mar 29, 2011 10:53pm Mar 29, 2011 10:53pm
bounce off 200ma on 1m chart... prob wont hold...
  • #415,359
  • Mar 29, 2011 10:55pm Mar 29, 2011 10:55pm
gator what bull are we at... or are we?
  • #415,360
  • Mar 29, 2011 10:56pm Mar 29, 2011 10:56pm
Quoting Magix
How are you missing trades this badly off a 1m chart?

If you ever want to leave the world of micro trading, you really have to adjust your levels of tollerance...

Personally, I would suggest, based on your current positions and on your allowence for loss to throw your charts out and start all over.

This my friend, is bad trading.
I guess I dont need anyone else to tell me what is good and bad trading for me and whether I should throw away my chart, if you dont like my comments or answers dont even bother questioning me or even answering me, and you can poke others, but if you try to be a smart ass and advise me, you will get it back.....
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