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  • #421,801
  • Apr 14, 2011 2:56pm Apr 14, 2011 2:56pm
Quoting michael.dry
Please elaborate?
price was raised to 50 pips an hour before closing
  • #421,802
  • Apr 14, 2011 3:01pm Apr 14, 2011 3:01pm
Just curious what currency you guys feel like has the most downside versus dollar if the fed were to begin raising rates in late 2011.
Twitter: @TrendersGame
  • #421,803
  • Apr 14, 2011 3:09pm Apr 14, 2011 3:09pm
I don't understand why so may new traders are hanging in this thread? Are you hoping to catch the words of wisdom here? Not likely. You are not going to learn anything hanging around here, that's for sure... Twice I asked direct questions here - without any response. It looks like this thread has 99% noobs and 1% so called "traders" (really full of themselves), which are fishing for suckers. I have not seen one good chart posted in here in 2 days.

I am out of here for good. There are better places on FF to gain trading knowledge.

Verdict: this is the most useless thread on FF and it strengthened my belief that serious traders do not post here. Ever.
  • #421,804
  • Apr 14, 2011 3:13pm Apr 14, 2011 3:13pm
Quoting cammomile
I don't understand why so .....
So how much did you lose today - that you want to blame on something else for?

Otherwise why the rant. No one makes anyone stay here.
  • #421,805
  • Apr 14, 2011 3:21pm Apr 14, 2011 3:21pm
Quoting SunTrader
So how much did you lose today - that you want to blame on something else for?

Otherwise why the rant. No one makes anyone stay here.
When I lose, I don't rant. It simply p1sses me off when people do not answer simple direct questions about their trading style. True, no one makes anybody stay here, but we all participate here to learn something, don't we?
  • #421,806
  • Apr 14, 2011 3:23pm Apr 14, 2011 3:23pm
Quoting cammomile
I don't understand why so may new traders are hanging in this thread? Are you hoping to catch the words of wisdom here? Not likely. You are not going to learn anything hanging around here, that's for sure... Twice I asked direct questions here - without any response. It looks like this thread has 99% noobs and 1% so called "traders" (really full of themselves), which are fishing for suckers. I have not seen one good chart posted in here in 2 days.

I am out of here for good. There are better places on FF to gain trading knowledge.

Verdict:...
This thread is running too fast. I am doing it on my way independently but it is interesting how others see the market. I heard some pieces of informations which may help.
  • #421,807
  • Apr 14, 2011 3:31pm Apr 14, 2011 3:31pm
Just keep this chart in mind....SL is your best frind.... I would sell here with a stop loss 100-150 pips, and with a TP well below 1.40...

Good Luck to All!!!
Attached Image (click to enlarge)
Click to Enlarge Name: CHART EURUSD 110414.JPG Size: 88 KB
  • #421,808
  • Apr 14, 2011 3:31pm Apr 14, 2011 3:31pm
I got in at 1.4484 going short in anticipation of a rebound bounce from 1.4500, it seems like it has just kind of stalled out here. I was hoping to see it drop to about 1.4450, now I am not sure what it is going to do.
  • #421,809
  • Apr 14, 2011 3:35pm Apr 14, 2011 3:35pm
Quoting cammomile
When I lose, I don't rant. It simply p1sses me off when people do not answer simple direct questions about their trading style. True, no one makes anybody stay here, but we all participate here to learn something, don't we?
you should not get pissed off because nobody owes you anything. if somebody doesn't answer a question maybe they overlooked it, don't know the answer, don't want to answer etc. you should only get pissed over things that YOU can control when you screw up. on the other hand i agree with you about this thread. i stopped hanging around here for some time. i only read the rants/fights, hence my answer to you.
  • #421,810
  • Apr 14, 2011 3:39pm Apr 14, 2011 3:39pm
Quoting cammomile
I don't understand why so may new traders are hanging in this thread? Are you hoping to catch the words of wisdom here? Not likely. You are not going to learn anything hanging around here, that's for sure... Twice I asked direct questions here - without any response. It looks like this thread has 99% noobs and 1% so called "traders" (really full of themselves), which are fishing for suckers. I have not seen one good chart posted in here in 2 days.

I am out of here for good. There are better places on FF to gain trading knowledge.

Verdict:...
Sorry, but I have to counter this post. I Am a noobie and must say that if you re-read this thread, page to page, and don't find it of help, then I must be on another planet.
It takes a while sorting the 'wheat from the chaff' but, I for one have found it to be immensely helpful in producing pips but more importantly my trading knowledge.
Many thanx to ALL contributors.
Much appreciated.
  • #421,811
  • Apr 14, 2011 3:39pm Apr 14, 2011 3:39pm
biggest ascending triangle ive ever seen on 1m... btw
  • #421,812
  • Apr 14, 2011 3:44pm Apr 14, 2011 3:44pm
Quoting Hawk2109
I got in at 1.4484 going short in anticipation of a rebound bounce from 1.4500, it seems like it has just kind of stalled out here. I was hoping to see it drop to about 1.4450, now I am not sure what it is going to do.

Currently short from 4458. Looking for a drop back below 4400 with a stop above current high level of 4520.
  • #421,813
  • Apr 14, 2011 3:48pm Apr 14, 2011 3:48pm
Quoting fldash
biggest ascending triangle ive ever seen on 1m... btw
It is a very very flat market.
  • #421,814
  • Apr 14, 2011 3:49pm Apr 14, 2011 3:49pm
Quoting fldash
biggest ascending triangle ive ever seen on 1m... btw
Not a human in sight!

tick...tick...tick...
  • #421,815
  • Apr 14, 2011 3:54pm Apr 14, 2011 3:54pm
Then we are ready for algo creep up...let's get it overwith @1.456/7 so we can get a real down trend....unfortunately my will power has not been able to move the market yet...I hate waiting!!! TT
  • #421,816
  • Apr 14, 2011 3:56pm Apr 14, 2011 3:56pm
Quoting pipnapper
I'm short with a bad entry. Revenge trade...over leveraged, no stop.
This was my worst trading day since Jan.
This is what I hate about trading, one bad day and you ruin a couple days of hard work.

I wonder if I should get out now. I could place a stop above 4530, but I don't want to risk another 40 pips. Lost 10% of my account so far.

Any idea how to make the best out of it?
Sorry to hear buddy .

Dont expect the session trend to change.

Best chance for you is asia ,see what they want to do.

Its possible hit may not break 4520 if it does definitely get out ,currently that level seems to be were big dogs are getting out of longs causing the 100+pip range that you are seeing .

Check the chart but it hit 4520 hard on around 4 occasions and some other minor attempts .

If you need to ,exit some of your position,to give you something to work with ,and if your willing to take the stress ,Figure out what the 20/30 pip range is likely to be till asia open sell and buy the top and bottom ,dont let it break 4520 that has to be your stop area,but as long as it holds .

Its easy to close it all and grieve your loss but real traders will at least try to trade out of as much as possible ,

Its in a very slow tight range now at the moment 4500 is holding it trade out what you can ,if asia breaks 4480 you may see it come back a good chunk.

Sincerely good luck buddy ,it takes nerve but can be done.
making green pips large and red pips small this is my goal.
  • #421,817
  • Apr 14, 2011 3:59pm Apr 14, 2011 3:59pm
Yep I get you there. I'm not out to make a killing on this one yet, as I think it is still on the bullish side for a bit longer, but I would like to see my 60-120 pips between two lots out of it. This flat crap is time consuming. LOL
  • #421,818
  • Apr 14, 2011 3:59pm Apr 14, 2011 3:59pm
Quoting kenfen69
Not a human in sight!

tick...tick...tick...
yea the triangle i saw on 1m started at 1800 gmt, lol, it finally broke down tho with no action...
  • #421,819
  • Apr 14, 2011 4:04pm Apr 14, 2011 4:04pm
Quoting paul1
Its easy to close it all and grieve your loss but real traders will at least try to trade out of as much as possible
Wait, Whut?

These real traders you speak of, either have substantially larger accounts or a much better sense of MM with a tighter grip on emotions...

Nobody likes to take a loss, but when you're Knee Deep in Shit, ya gotta know when to let go...

Buddy made an error, and all of the hoping and praying in the friggen world will not save an account. Because he has come to the forum looking for a way out tells me that his mindset isn't right...

What to do...

Close the bitch before the hemmorage turns to Margin. Close the charts and account until next week and come back with a fresh perspective...

Anything more attempted this week will almost certainly make a bad situation worse...

TSK TSK TSK....

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #421,820
  • Apr 14, 2011 4:06pm Apr 14, 2011 4:06pm
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