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EURUSD

  • #425,641
  • Apr 20, 2011 1:46pm Apr 20, 2011 1:46pm
Quoting cloggie
Idiot.
Moron.
Ambition
  • #425,642
  • Apr 20, 2011 1:46pm Apr 20, 2011 1:46pm
Quoting kenfen69
It’s Official: China Will Be Dumping US Dollars

Hmmmmmmmmmmmmm?
Good. We need to start dumping slave made products made in that country.
  • #425,643
  • Apr 20, 2011 1:47pm Apr 20, 2011 1:47pm
Quoting kenfen69
It’s Official: China Will Be Dumping US Dollars

Hmmmmmmmmmmmmm?
who do you think has been pushing this POS up?
  • #425,644
  • Apr 20, 2011 1:47pm Apr 20, 2011 1:47pm
Quoting talentfx
Moron.

Back on ignore you go.
  • #425,645
  • Apr 20, 2011 1:48pm Apr 20, 2011 1:48pm
Quoting Forexia
Well I find the candlestick patterns are more useful when used in conjuction with other indicators and within the context of the big picture otherwise they sometimes give misleading results.

That's what I find.
lol thats a laugh
Ambition
  • #425,646
  • Apr 20, 2011 1:48pm Apr 20, 2011 1:48pm
Quoting mab41487
Here is a question for the seasoned pros. If the trend on the daily is up but the trend on the 4 hour is down and the trend on the 1 hour is up and the 15min and 5 min are down....

is the trend up or down?
You remind me one of bbmac's thread.

Basically, you should pick 3 TF chart in your trading plan,
1st as entry, 2nd to monitor the flow, 3rd as your main trend.

Get a read.

http://www.forexfactory.com/showthread.php?t=51713
Make it rain baby
  • #425,647
  • Apr 20, 2011 1:48pm Apr 20, 2011 1:48pm
Quoting fxpreacher
who do you think has been pushing this POS up?
I'm sure they're making a solid contribution...but are far from acting alone.
  • #425,648
  • Apr 20, 2011 1:49pm Apr 20, 2011 1:49pm
*lol my 4h Rsi is at 98 .. still no retrace..
  • #425,649
  • Apr 20, 2011 1:49pm Apr 20, 2011 1:49pm
Quoting cloggie
Back on ignore you go.
yeah you ignore me cause im a better trader than you and you know it youll learn to respect me im somebody your not
Ambition
  • #425,650
  • Apr 20, 2011 1:50pm Apr 20, 2011 1:50pm
Quoting PIPMunch
It seems everyone agress we may go higher for abit, but then the general trend is back down to 1.44/1.43 area before/IF we go higher again.

Whats your opinion?
i don't know when it will turn. all i do is watch important levels and buy until i can't buy anymore. trying to figure out when this thing will turn or what retraces it will take on the way up is not the way to go. 2 days ago we were 300 pips away, as a reminder.

i have 4739 on daily. would i put a long to there? no way. but it's a number to keep in mind especially now that we are pushing the lid up.

the monthly chart has a pin down there and only two red candles. it shows 1.51.

we could turn, we could retrace, reverse, back again..... the point is whoever is calling this a top may be fooling with their account..... the fact that it keeps on going up doesn't mean it will reverse NOW. it will eventually, but not when we think...
  • #425,651
  • Apr 20, 2011 1:51pm Apr 20, 2011 1:51pm
Strong Eur - Better Bond Value on the Chinese held Eurotrash bonds - Less competitive Eurozone Exportwise - Less Bucks - All good for China

Why would they stop? Only beacuse they need to do it for a few years to get rid of the USD...
  • #425,652
  • Apr 20, 2011 1:51pm Apr 20, 2011 1:51pm
time to clean up

4510-20 we did test PTL 80 still walking the dog for 10's , lets see where we close tonight above 20 or below 4500 good luck
  • #425,653
  • Apr 20, 2011 1:53pm Apr 20, 2011 1:53pm
Quoting talentfx
yeah you ignore me cause im a better trader than you and you know it youll learn to respect me im somebody your not
How do you keep a straight face when delivering these zingers?

THAT, my friend, IS talent!
  • #425,654
  • Apr 20, 2011 1:53pm Apr 20, 2011 1:53pm
Quoting wormboy
Don't need any other indicators to confirm candle formations forexia. Just needs practise.

Example
1. http://www.forexfactory.com/showpost...postcount=4613
2. http://www.forexfactory.com/showpost...stcount=424749

Have a good one
Well I find the candlestick patterns are more useful when used in conjuction with other indicators and within the context of the big picture otherwise they sometimes give misleading results.

That's what I find.
Make your losses in demo. Earn your profits live.
  • #425,655
  • Apr 20, 2011 1:54pm Apr 20, 2011 1:54pm
Hows this shit:

Opened account friday $1k 4/15/11

Won some trades lost some trades.

$1 per pip risking no more than 2% of account in one trade.

Current bal $1276.

Risk reward always 2:1 or better. Trailing stop 15 pips below swing point on the 15min chart.

got caught on the wrong side looking for a short 3 times expecting it to turn because 4hr said downtrend but daily said uptrend. (i failed to look at it)

made back my 60 pips I lost today scalping this short range above 4500.

studied 2 years before making one trade with real money

Im using daily pivots, MACD, S&R, Fibs, price patterns like gartleys, PRICE ACTION PRICE ACTION PRICE ACTION. I got a 10day moving average on every chart only for support and resistance level. Tom demark trendlines, and candlestick formations like Hammers, spinning tops, dark cloud patterms, bear/bull engulfing pattern, etc.

I look for things converging.

I dont have ANY fundamental knowledge.

Side note... demo account went from $10k to $4mil in the 2 years.

I seem to have a harder time with patience for entries, and getting irritated when im having a lost but nonetheless i dont move my stop or try to increase lot size to win it back. My goal for the end of the year is $60k.

Please tear me apart and tell me what else I need..
  • #425,656
  • Apr 20, 2011 1:54pm Apr 20, 2011 1:54pm
Quoting kenfen69
How do you keep a straight face when delivering these zingers?

THAT, my friend, IS talent!
cuz he/it is a TROLL. No need for talent to be a TROLL. What they crave is a response. Don't respond to him/it and he/it will go away.
Make your losses in demo. Earn your profits live.
  • #425,657
  • Apr 20, 2011 1:55pm Apr 20, 2011 1:55pm
It's also a sales pitch. "We'll save you."

Quoting kenfen69
It’s Official: China Will Be Dumping US Dollars

Hmmmmmmmmmmmmm?
Follow the money --Mark Felt (Deepthroat)
  • #425,658
  • Apr 20, 2011 1:57pm Apr 20, 2011 1:57pm
Quoting kenfen69
It’s Official: China Will Be Dumping US Dollars

Hmmmmmmmmmmmmm?
Nah they won't. All of their US bonds will be worthless. China is one of the biggest if not the biggest holder of US debt.
Make your losses in demo. Earn your profits live.
  • #425,659
  • Apr 20, 2011 1:57pm Apr 20, 2011 1:57pm
they (China) increased their dollar holdings by almost a trillion last year. weren't they dumping last year.
  • #425,660
  • Apr 20, 2011 1:58pm Apr 20, 2011 1:58pm
Quoting mab41487
Please tear me apart and tell me what else I need..
Patience and the ability to not get irritated with a loss...for a start.

Identify your weaknesses and improve on them.
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