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  • #426,681
  • Apr 21, 2011 10:37am Apr 21, 2011 10:37am
Yup.... it's also gone past 144EMA and 267EMA. Back in the main trend direction.

I got back in after my shortlived, err SHORT.
Long @ 569, SL @ BE, TP @ 649
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A pip is only worth it if you know how much you risked to earn it
  • #426,682
  • Apr 21, 2011 10:39am Apr 21, 2011 10:39am
Quoting vlady1974
Yup.... it's also gone past 144EMA and 267EMA. Back in the main trend direction.

I got back in after my shortlived, err SHORT.
Long @ 569, SL @ BE, TP @ 649
nice entry ... should get a few here
  • #426,683
  • Apr 21, 2011 10:41am Apr 21, 2011 10:41am
Thanks a lot for the explanation gat. I know this takes time from your trading.
Quoting gatorinla
not really a target.. just a wave.. of where pa indicates it wants to go.. just a step further down the road. that don't mean we go there.
there's a bull wave indicating we go to 4599.4.... but i usually go with the last one with the ball.. more times then not that is the right direction. but we have to consider s/r and trend ect....
  • #426,684
  • Apr 21, 2011 10:42am Apr 21, 2011 10:42am
Quoting PIPMunch
Will you be re-entering a short there? I have a pending short at 599 and 612

h1 close above will not short it
  • #426,685
  • Apr 21, 2011 10:44am Apr 21, 2011 10:44am
Quoting AllyB
nice entry ... should get a few here
Got out @ 94.7

I think I'm done. London closed and markets will be thin. Enjoy your profits and spend time with friends and family.

Happy Holidays everyone!
A pip is only worth it if you know how much you risked to earn it
  • #426,686
  • Apr 21, 2011 10:45am Apr 21, 2011 10:45am
Will Helicopter say something after London close? Would be dramatic! I can dream right? Short at 590 for a quick 580...GLTA TT
  • #426,687
  • Apr 21, 2011 10:46am Apr 21, 2011 10:46am
Quoting PayTheLimit

that's what i call a sh!t eating grin

what's up PTL? must be makin money!

good calls today btw
  • #426,688
  • Apr 21, 2011 10:48am Apr 21, 2011 10:48am
Quoting vlady1974
Got out @ 94.7

I think I'm done. London closed and markets will be thin. Enjoy your profits and spend time with friends and family.

Happy Holidays everyone!
same to u
  • #426,689
  • Apr 21, 2011 10:48am Apr 21, 2011 10:48am
Quoting vlady1974
Got out @ 94.7

I think I'm done. London closed and markets will be thin. Enjoy your profits and spend time with friends and family.

Happy Holidays everyone!
same to you and i am out of here also. got blue skies so going flying
  • #426,690
  • Apr 21, 2011 10:56am Apr 21, 2011 10:56am
Quoting AllyB
that's what i call a sh!t eating grin

what's up PTL? must be makin money!

good calls today btw
thnx, that is the grin of someone who is having a cocktail...have a good one
Look Sharp/Trade Tight
  • #426,691
  • Apr 21, 2011 10:57am Apr 21, 2011 10:57am
3 mins till london close and were having trouble pushing past 84, maybe downtrend will continue for a bit longer?
  • #426,692
  • Apr 21, 2011 11:01am Apr 21, 2011 11:01am
Quoting FxPlayboy
Bottom rising wedge on m5. If 45874 holds, we're likely to see a continuation downwards
Quoting WintersWolf
3 mins till london close and were having trouble pushing past 84, maybe downtrend will continue for a bit longer?
Likely, with 45874 and R1 holding. Now it looks like a bearish flag than a wedge

London closed.
Make it rain baby
  • #426,693
  • Apr 21, 2011 11:03am Apr 21, 2011 11:03am
Quoting FxPlayboy
Likely, with 45874 and R1 holding. Now it looks like a bearish flag than a wedge
yay wouldn't mind hitting 1.4526 before coming back up >.> but you know, whos being fussy
  • #426,694
  • Apr 21, 2011 11:06am Apr 21, 2011 11:06am
ok Gnite everyone. Set my stops and trails. Gonna sleep like a champ. A good run. Good run lol. See you all on omnday
  • #426,695
  • Apr 21, 2011 11:07am Apr 21, 2011 11:07am
Quoting thelws
ok Gnite everyone. Set my stops and trails. Gonna sleep like a champ. A good run. Good run lol. See you all on omnday
Night mate, have a good one eh?
  • #426,696
  • Apr 21, 2011 11:09am Apr 21, 2011 11:09am
Quoting thelws
ok Gnite everyone. Set my stops and trails. Gonna sleep like a champ. A good run. Good run lol. See you all on omnday
g9 buddy, nice profit taking day

She's getting old that it hardly move...
Make it rain baby
  • #426,697
  • Apr 21, 2011 11:10am Apr 21, 2011 11:10am
Not much time to post recently, mostly working the market, but it seems people are wasting a lot of time arguing on this thread. The only thing I can add is, what on earth does this have to do with making money?

btw: EU hit to the pip.

We should see a bit of profit taking. Done for the week.

Hope everyone has a good weekend!

Quoting Fudomyo
a topside break of 4540 would put 4648 and 4811 into play next.
  • #426,698
  • Apr 21, 2011 11:18am Apr 21, 2011 11:18am
I realized the mistakes i was making....

First mistake... not looking at the bigger timeframes

second mistake... trying to trade counter trend... the trend is my friend.

third mistake... not putting my entries with a small buffer, which is why ive missed the major moves that I WAS RIGHT ON!!! - missing entries by a few pips...

risk reward has always been good im still up 300 pips for the week but i couldve been up alot more... like 600 almost...

ive been getting irritated that i was missing my entry so i was chasing the market a bit - overtrading for smaller profits when i should sit and wait for the bigger moves.

now that i got it corrected i should see a huge change in my profits. first week up 30% thats not bad at all but im still a fool for doing things that I KNOW i shouldnt be doing
  • #426,699
  • Apr 21, 2011 11:19am Apr 21, 2011 11:19am
Quoting Fudomyo
Not much time to post recently, mostly working the market, but it seems people are wasting a lot of time arguing on this thread. The only thing I can add is, what on earth does this have to do with making money?

btw: EU hit to the pip.

We should see a bit of profit taking. Done for the week.

Hope everyone has a good weekend!
How low do you expect to go?
  • #426,700
  • Apr 21, 2011 11:21am Apr 21, 2011 11:21am
Quoting PIPMunch
How low do you expect to go?
4528
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