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  • #416,141
  • Mar 31, 2011 3:54am Mar 31, 2011 3:54am
Gotta love riding PA when it has this momentum. I am long at 4130 and watching for now.
  • #416,142
  • Mar 31, 2011 3:55am Mar 31, 2011 3:55am
Quoting T.E.Lawrence
That's what I call a timid trade.
Maybe, but it is already closed with TP Couple such trades and I'm happy for a day.
  • #416,143
  • Mar 31, 2011 4:02am Mar 31, 2011 4:02am
Quoting josef
Maybe, but it is already closed with TP Couple such trades and I'm happy for a day.
But I'm sure you have a problem with your tight and tiny SLs. Not always PA shoots in your direction without retracing every few bars, like today.

Besides, if it's going to touch x190 - x200 is sure to be hit as well. Yes?
  • #416,144
  • Mar 31, 2011 4:03am Mar 31, 2011 4:03am
Quoting T.E.Lawrence
But I'm sure you have a problem with your tight and tiny SLs. Not always PA shoots in your direction without retracing every few bars, like today.

Besides, if it's going to touch x190 - x200 is sure to be hit as well. Yes?
I'm not looking for huge profit, trying to take low risk.


BTW, How many posts per hour are in this thread?
  • #416,145
  • Mar 31, 2011 4:04am Mar 31, 2011 4:04am
H1 chart:

watch out for this upper line:
Attached Image (click to enlarge)
Click to Enlarge Name: h1.png Size: 54 KB
  • #416,146
  • Mar 31, 2011 4:04am Mar 31, 2011 4:04am
Quoting josef
Maybe, but it is already closed with TP Couple such trades and I'm happy for a day.
I'm with Josef on this one - we all know that you can't go broke banking a profit.

With the right equity management - 20 pips a day can turn into almost $100K per year
Australians wouldn't give a 'Forex' for anything else...
  • #416,147
  • Mar 31, 2011 4:06am Mar 31, 2011 4:06am
Quoting geniusztc
"The rush of battle is often a potent and lethal addiction,for war is a drug."

then ,forex market is war .

triangle @ AU 15 min。
perfect day、 more than 300 pips .closed all @ 4215. have a rest .good luck my friends
A chart helps those who can read it.
  • #416,148
  • Mar 31, 2011 4:07am Mar 31, 2011 4:07am
Quoting josef
I'm not looking for huge profit, trying to take low risk.


BTW, How many posts per hour are in this thread?
Like few hundreds.

I always say - this thread has bigger momentum than the most epic porn threads on the internet, combined.
  • #416,149
  • Mar 31, 2011 4:13am Mar 31, 2011 4:13am
Quoting geniusztc
perfect day、 more than 300 pips .closed all @ 4215. have a rest .good luck my friends
fuck myself ,out too early .
A chart helps those who can read it.
  • #416,150
  • Mar 31, 2011 4:15am Mar 31, 2011 4:15am
Quoting kickarz
I'm with Josef on this one - we all know that you can't go broke banking a profit.

With the right equity management - 20 pips a day can turn into almost $100K per year
Thanks man.

20 pips per day is 400 pips per month. It is 4800 pips in a year ! I can leave with that.

I'm taking short for another 10 pips at 1.4225. - Let's wait what it will bring me.
  • #416,151
  • Mar 31, 2011 4:15am Mar 31, 2011 4:15am
Quoting josef
BTW, How many posts per hour are in this thread?
  • #416,152
  • Mar 31, 2011 4:18am Mar 31, 2011 4:18am
anyone any idea how long this eu is heading?
  • #416,153
  • Mar 31, 2011 4:19am Mar 31, 2011 4:19am
Quoting fxvoilaaa
What is so funny?
  • #416,154
  • Mar 31, 2011 4:19am Mar 31, 2011 4:19am
i dont like eu today , shorted au
Mohan
  • #416,155
  • Mar 31, 2011 4:20am Mar 31, 2011 4:20am
Quoting josef
What is so funny?
  • #416,156
  • Mar 31, 2011 4:20am Mar 31, 2011 4:20am
Quoting josef
Thanks man.

20 pips per day is 400 pips per month. It is 4800 pips in a year ! I can leave with that.

I'm taking short for another 10 pips at 1.4225. - Let's wait what it will bring me.
In a short time, Forex is going to rape your logic and disappear in a puff of smoke.
  • #416,157
  • Mar 31, 2011 4:22am Mar 31, 2011 4:22am
Quoting fxvoilaaa
anyone any idea how long this eu is heading?
Wont go up too much today... it should start to reverse very soon and continue its reversal during NY session, it should head back to 1.41 levels after which it will target 1.4350 or 1.44 levels... this is something I have been posting since last Friday....
  • #416,158
  • Mar 31, 2011 4:22am Mar 31, 2011 4:22am
Quoting mohan76
i dont like eu today , shorted au
yeah just be careful it doesn't break the trend line...
Attached Image (click to enlarge)
Click to Enlarge Name: au.gif Size: 19 KB
  • #416,159
  • Mar 31, 2011 4:24am Mar 31, 2011 4:24am
Quoting T.E.Lawrence
In a short time, Forex is going to rape your logic and disappear in a puff of smoke.
he'll soon find out...
  • #416,160
  • Mar 31, 2011 4:24am Mar 31, 2011 4:24am
Well it's not a bad place to enter a short...
but my question would be the R/R ratio Joeseph is using before he enters his trades. Anyway he's right about his daily target: you don't need to make a lot of pips a day really (espcecially if you have a large account).


Quoting T.E.Lawrence
In a short time, Forex is going to rape your logic and disappear in a puff of smoke.
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