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  • #426,281
  • Apr 21, 2011 2:42am Apr 21, 2011 2:42am
Quoting talentfx
also i can make money in a sideways market which you can not theres no trend
Strange, I seem to be making money right now and the green pips just keep increasing... and BE is waaaaay below. Am I doing it wrong?

Come back to me when you have atleast hit the BE point for this weeks losses. Until then, you don't make money.. your just chasing your losses.
  • #426,282
  • Apr 21, 2011 2:43am Apr 21, 2011 2:43am
Quoting talentfx
check the posts im up +33 and I saw the turn before you could even blink thats why im talent i win more than i lose

on the same token if you would just learn proper PA there was an easy entry long back at 1.4500 area on an obvious bull flag and you could of been taking profits out at resistance areas this entire ride up and been up well over 33 pips


just sayin bud..

do what works for you
  • #426,283
  • Apr 21, 2011 2:44am Apr 21, 2011 2:44am
EU is targeting 1.5000. Ill post the charts later
  • #426,284
  • Apr 21, 2011 2:45am Apr 21, 2011 2:45am
Quoting BlueGas
Are you still short from 1.4315 ?
no that was ages ago can you say SLOW
Ambition
  • #426,285
  • Apr 21, 2011 2:46am Apr 21, 2011 2:46am
Quoting thelws
4664 is on a lot of people's charts. So it is likely we will visit that place.

I don't have weekly pivots but apparently that is what some people call the 2nd level. So... I'm expecting it to reach there somewhere today. And I'm expecting to take profit around there too.

Though it wouldn't be too bad if i took it now. I'm way way in the money right now lol.
OK. I haven't heard of weekly pivot 2 before.That level means nothing to me.good luck.
FF journal: Peaks and Troffs
  • #426,286
  • Apr 21, 2011 2:47am Apr 21, 2011 2:47am
UCHF is on a relentless move to .7500( long term view)... Myy numbers tell me that .8646 is the next major area of mathematical contention
  • #426,287
  • Apr 21, 2011 2:48am Apr 21, 2011 2:48am
How come that 94% is in Short, see the following link

http://www.myfxbook.com/community/outlook
  • #426,288
  • Apr 21, 2011 2:49am Apr 21, 2011 2:49am
Quoting Wulfgar
on the same token if you would just learn proper PA there was an easy entry long back at 1.4500 area on an obvious bull flag and you could of been taking profits out at resistance areas this entire ride up and been up well over 33 pips


just sayin bud..

do what works for you
i will yeah i dont really believe in flags or candle patterns mostly pa seems to work if you know how to read it i dont mind losing a few pips to gain postion in pa and i dont always close them this fast just scalping as i this thing is extremely overbought or i would let it run it has to pullback sometime and ill be there but yes the long term trend seems to be north i am talking to you nicely so plaes do the same be civil some of these guys are aggro thanks chat with me anytime also i do use some indicators but this is confidential as they gives me likely targets
Ambition
  • #426,289
  • Apr 21, 2011 2:50am Apr 21, 2011 2:50am
Quoting bogus
OK. I haven't heard of weekly pivot 2 before.That level means nothing to me.good luck.
Weekly pivot 2=Weekly Resistant 2=46662, but i agree 46637 is another tough level to crack.
Make it rain baby
  • #426,290
  • Apr 21, 2011 2:50am Apr 21, 2011 2:50am
Quoting bogus
OK. I haven't heard of weekly pivot 2 before.That level means nothing to me.good luck.
Well in most cases it doesn't mean anything to me either. But you should always be trading what others are trading. Since a lot of people have that on their charts, you can be sure some action will happen there.

So either you get in now or you get out there.
  • #426,291
  • Apr 21, 2011 2:52am Apr 21, 2011 2:52am
Quoting FXtime
How come that 94% is in Short, see the following link

http://www.myfxbook.com/community/outlook
Because 94% keep adding shorts like talentless from a charging bull. If you're long, great job you're the 6% who banks 94% of the money.

Market update: we're being capped by UTL on hourly chart. News will decide where we head next.
Make it rain baby
  • #426,292
  • Apr 21, 2011 2:52am Apr 21, 2011 2:52am
Quoting FXtime
How come that 94% is in Short, see the following link

http://www.myfxbook.com/community/outlook

cause that is 94% of retail accounts.... what we are seeing is a major risk on move by large institutions trying to shore up balance sheets and convert USD to EUR(since its the only currency with comparable depth to the liquidity pool) due to many impending factors( ongoing inevitable QE, USD no longer being the reserve currency, inevitable raising of the debt ceiling, US federal governement shutdown and bankruptcy, soverign debt default.....take your pick)
  • #426,293
  • Apr 21, 2011 2:52am Apr 21, 2011 2:52am
EUR/USD "sell" orders

4. 1,4601..TP 1,4436
3. 1.4484 TP 1,4373
2. 1,4373 TP 1,4225
1. 1,4272 TP 1.4220
  • #426,294
  • Apr 21, 2011 2:53am Apr 21, 2011 2:53am
Quoting thelws
Well in most cases it doesn't mean anything to me either. But you should always be trading what others are trading. Since a lot of people have that on their charts, you can be sure some action will happen there.

So either you get in now or you get out there.
You should probably re-phrase that a little bit, from to what others are trading to what the "majority" are trading.. thats how people fall into the trap of following people like talent, and end up bankrupting themselves.

Look for who everyone turns to for advice, follow what they say and even then just use it as a "friendly guideline" and not a guaranteed movement.

Or to make it simple, just do the opposite of what talentfx says.
  • #426,295
  • Apr 21, 2011 2:54am Apr 21, 2011 2:54am
GM all

PTL it did play on the break

be looking for 4680 next
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  • #426,296
  • Apr 21, 2011 2:54am Apr 21, 2011 2:54am
what about the news?
  • #426,297
  • Apr 21, 2011 2:55am Apr 21, 2011 2:55am
DX NEAR THE TP1

i think usa is winning the battle of currencies
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  • #426,298
  • Apr 21, 2011 2:56am Apr 21, 2011 2:56am
Quoting kill56
GM all

PTL it did play on the break

be looking for 4680 next

those dirty dogs sure did...., time for a drink soon...
Look Sharp/Trade Tight
  • #426,299
  • Apr 21, 2011 2:57am Apr 21, 2011 2:57am
This happens, probably 60-80% of the times...

1-2 pip away...
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  • #426,300
  • Apr 21, 2011 2:58am Apr 21, 2011 2:58am
Quoting thelws
Well in most cases it doesn't mean anything to me either. But you should always be trading what others are trading. Since a lot of people have that on their charts, you can be sure some action will happen there.

So either you get in now or you get out there.
Been in a while now
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