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  • #420,741
  • Apr 12, 2011 10:20pm Apr 12, 2011 10:20pm
Quoting Venice
We got shoved back up into the demand zone at 4470'ish here. Clear this and we are good for at least the DPP again.

Sell Supply, Buy Demand, not sell into demand.

we'll see. im green for now, albeit small green.
The dreamers are the saviors of the world.
  • #420,742
  • Apr 12, 2011 10:22pm Apr 12, 2011 10:22pm
Do you see what I see.

If shorts not worth a chance from this zone, they'r worthless. I am not saying it may not get to 1.4750, but talking about taking a chance.
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The Thief of Wall Street
  • #420,743
  • Apr 12, 2011 10:23pm Apr 12, 2011 10:23pm
Quoting Chicky
Do you see what I see.

If shorts not worth a chance from this zone, they'r worthless. I am not saying it may not get to 1.4750, but talking about taking a chance.
im assuming you mean 4450, and ill place a sl pretty high up.
The dreamers are the saviors of the world.
  • #420,744
  • Apr 12, 2011 10:26pm Apr 12, 2011 10:26pm
Quoting Chicky
If it remains there, all distillaries will go bankrupt. Get it into your stomach and trade like a pro.
  • #420,745
  • Apr 12, 2011 10:28pm Apr 12, 2011 10:28pm
Quoting AriX3
im assuming you mean 4450, and ill place a sl pretty high up.
1.4750. It has come so close to this historical figure.
Length of SLs depends upon the method. IMHO, R/R and length of sls should be inversely proportional.
The Thief of Wall Street
  • #420,746
  • Apr 12, 2011 10:30pm Apr 12, 2011 10:30pm
Quoting Chicky
Do you see what I see.
A star, a star...
Way up in the night,
It will bring us shelter and light,
It will bring us shelter...

and barf!

Isn't that how that song used to go?

What are you seeing, Chicky? Up, Down, Stars or Barf?
  • #420,747
  • Apr 12, 2011 10:30pm Apr 12, 2011 10:30pm
On big trade
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  • #420,748
  • Apr 12, 2011 10:31pm Apr 12, 2011 10:31pm
Quoting intrepid1
On big trade
LOL. How many pips for that? I really hope that was from this full extension of the current bull run.
  • #420,749
  • Apr 12, 2011 10:31pm Apr 12, 2011 10:31pm
Quoting Chicky
1.4750. It has come so close to this historical figure.
Length of SLs depends upon the method. IMHO, R/R and length of sls should be inversely proportional.
it better not go above 1.4550
The dreamers are the saviors of the world.
  • #420,750
  • Apr 12, 2011 10:32pm Apr 12, 2011 10:32pm
Quoting intrepid1
On big trade
Hahahahahaa.

On Golden Pond?

WTF are you talking about?
  • #420,751
  • Apr 12, 2011 10:34pm Apr 12, 2011 10:34pm
Quoting Chicky
1.4750. It has come so close to this historical figure.
Length of SLs depends upon the method. IMHO, R/R and length of sls should be inversely proportional.
But then why not 1.50...just for the sake of it? And then 1.53ish...just bcos its hit that too?

You're right...up looks good! I'll play...as high as it wants to go.
  • #420,752
  • Apr 12, 2011 10:35pm Apr 12, 2011 10:35pm
Quoting intrepid1
On big trade
On big trade!

Get on...

big trade!

How!
  • #420,753
  • Apr 12, 2011 10:37pm Apr 12, 2011 10:37pm
Quoting kenfen69
A star, a star...
Way up in the night,
It will bring us shelter and light,
It will bring us shelter...

and barf!

Isn't that how that song used to go?

What are you seeing, Chicky? Up, Down, Stars or Barf?
If it passes through my sls, will surely see many stars.

But presently, seeing a short opportunity worth putting some money on. A chance.
The Thief of Wall Street
  • #420,754
  • Apr 12, 2011 10:37pm Apr 12, 2011 10:37pm
Quoting kenfen69
On big trade!

Get on...

big trade!

How!
20 lots 500 pips took a long time.
  • #420,755
  • Apr 12, 2011 10:37pm Apr 12, 2011 10:37pm
Quoting intrepid1
On big trade
man, id like to see "on very big trade".
The dreamers are the saviors of the world.
  • #420,756
  • Apr 12, 2011 10:41pm Apr 12, 2011 10:41pm
Quoting AriX3
shorted again at 70
allright, so its going up. SL at 97, tp at 60. i know thats a bad ratio, but im tired.
The dreamers are the saviors of the world.
  • #420,757
  • Apr 12, 2011 10:44pm Apr 12, 2011 10:44pm
Quoting Chicky
If it passes through my sls, will surely see many stars.

But presently, seeing a short opportunity worth putting some money on. A chance.
Oh, I feel you brother, Chicky. Been laying shorts (long term) for a little while.

If you lay them...and don't touch them...they PAY! Secret is: forget about them! Scalp away...Swing away...but don't touch the LT play. Count them up if it hit 1.30 again. Baby got bank?
  • #420,758
  • Apr 12, 2011 10:45pm Apr 12, 2011 10:45pm
Quoting AriX3
man, id like to see "on very big trade".
  • #420,759
  • Apr 12, 2011 10:46pm Apr 12, 2011 10:46pm
Quoting kenfen69
But then why not 1.50...just for the sake of it? And then 1.53ish...just bcos its hit that too?

You're right...up looks good! I'll play...as high as it wants to go.
Let me explain so that one does not just follow.

I select two levels lets say 250 pips above and 250 pips below current level. If I am short biased, will short with 1/10th of full position. Will not add unless this 1/10th lot shows me profit. If it goes my way will enter rest 9/10th within 100 pips if it goes in my direction. Eac addition not more than 1/10th to 2/10th. Now will let it run to hit either sl or tp (or may close when it gets near to either of them).
The Thief of Wall Street
  • #420,760
  • Apr 12, 2011 10:47pm Apr 12, 2011 10:47pm
Quoting intrepid1
20 lots 500 pips took a long time.
Well, my intrepid friend...

Let me be the first to congratulate you! 20 lots for 500 pips is a magical run!.

Again...congrats!
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