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  • #434,101
  • May 3, 2011 11:31am May 3, 2011 11:31am
Quoting FibbinArchie
he could have got out in profit earlier and be loading up the boat now, assuming this is or is near the top, he has a lot to learn and I'm afraid that sooner or later he's gonna get burned bad, see if you can talk some sense into him, coz this is like watching a car crash...
He will most likely have to live and learn.
  • #434,102
  • May 3, 2011 11:31am May 3, 2011 11:31am
long from 870, gonna cut it pretty soon if it doesn't start moving, time stop...
  • #434,103
  • May 3, 2011 11:32am May 3, 2011 11:32am
Quoting talentfx
who knows could pay off big time
My man...you're gambling. Nothing more.

If you're going to gamble, at least learn how to count cards to give yourself an edge. If you lose...well it is what it is. If you win...you got lucky and the next one will wipe you out. Try to get control over what you are doing, because right now, you have none.

Further...you may want to hold off telling other people they...have the wrong MAs...because from where I sit, yours are looking pretty desperate. MAs alone will not help you gamble any better.
  • #434,104
  • May 3, 2011 11:32am May 3, 2011 11:32am
Quoting PipChick
I dont know if this will play out because its just an m5 chart but here it is. So far the m15 1st target (green line) is holding as support.
4877 is the i/d pivot resistance .. careful
Thank You
  • #434,105
  • May 3, 2011 11:32am May 3, 2011 11:32am
Quoting egkid
Hello dear bro
After 12H i want close under 1.4780 unless i Review my Plan..
Eg, we are now in a possible big-move zone in this NFP week. I have stopped focusing on small numbers now. Close above or below those numbers means very little to me. Waiting for a big move, then a couple of days more to see the reaction and then decide what support/resistance levels to play.

Keep your positions small in the times of possible big moves.
The Thief of Wall Street
  • #434,106
  • May 3, 2011 11:33am May 3, 2011 11:33am
Quoting wormboy
He's either trading demo or pissing away 10 cents per pip. Don't waste your time, he's not wasting millions of dollars.
He probably is, but if he can begin learning something from here it'll only be good for him.

Oh well, guess some are too stubborn.
Trends, breakouts, price action.
  • #434,107
  • May 3, 2011 11:33am May 3, 2011 11:33am
Hi All new here enjoying this thread breaks up the waiting some good comments and knowledge here, some not so good but trying..........

I think we are going to see a bit of a retracement to @ 1.4840 area and then a push up to 1.490 next resistance if it breaks that we could see a nice move up. Maybe a bit late in the day but asian session may provide the boost. Plenty of volume on the 4hr in the last 3 bars so looks like bulls are winning for now.

Next week could be critical, Greek talks, lots of comments from eu leaders and bankers ref restucturing but always a denial of haircut. Softening us up for something I think. Will Finns agree Portugees bailout, ECB says they expect them too, Finns may not see it that way! Someones worried in the ECB I think.
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  • #434,108
  • May 3, 2011 11:34am May 3, 2011 11:34am
Quoting FibbinArchie
long from 870, gonna cut it pretty soon if it doesn't start moving, time stop...
Im still holding the long from 4819 but will be forced to exit below 4866 and reload on another signal.Seems like it wants to go. We are good as long as 4866 holds.
  • #434,109
  • May 3, 2011 11:34am May 3, 2011 11:34am
well your all probably partly right jumped the gun a bit but from what the gpb is telling me dollar has some real strength behind it but hey we will see stil in reality it would be stupid to take a loss especially since it hasnt broken up either.
Ambition
  • #434,110
  • May 3, 2011 11:35am May 3, 2011 11:35am
watching a cpl of youtube videos on price action does not make one a trader, it takes years of practice...
  • #434,111
  • May 3, 2011 11:35am May 3, 2011 11:35am
Quoting talentfx
who knows could pay off big time
its true no1 knows .......but if u averaging positions i wish u all best......bad trade will come eventually....5 % luck 5 % system 90 % MM
  • #434,112
  • May 3, 2011 11:36am May 3, 2011 11:36am
Quoting wormboy
He's either trading demo or pissing away 10 cents per pip. Don't waste your time, he's not wasting millions of dollars.
Hei my friend,

What yours target by this week? I close my shorts at 4756 last time...I got 40pips on long. I looking new entry for longs again
  • #434,113
  • May 3, 2011 11:36am May 3, 2011 11:36am
Quoting PipChick
Im still holding the long from 4819 but will be forced to exit below 4866 and reload on another signal.Seems like it wants to go. We are good as long as 4866 holds.
yeah but I'm pretty late to the party, only in for one more drive, let's see...
  • #434,114
  • May 3, 2011 11:36am May 3, 2011 11:36am
Quoting talentfx
well your all probably partly right jumped the gun a bit but from what the gpb is telling me dollar has some real strength behind it but hey we will see stil in reality it would be stupid to take a loss especially since it hasnt broken up either.
Its not that the usd has any strength in it, its that the gbp is very weak at the momo.
  • #434,115
  • May 3, 2011 11:37am May 3, 2011 11:37am
Quoting aizazk
He probably is, but if he can begin learning something from here it'll only be good for him.

Oh well, guess some are too stubborn.
He won't, he's been selling since 400 - 500 pips lower from here & had been warned/advised. Some people are not stubborn, just plain stupid. Next thing you know he'll do a skyzer & pull up a 10 year chart just to show what trend we are in & why it's okay to lose a few thousand pips.

Let's move on & ignore him.
Thank You
  • #434,116
  • May 3, 2011 11:37am May 3, 2011 11:37am
its knocked on the upper door four times and hasnt broken thru not saying it wont but why clear out of positions when I still have a chance if it does you bet your bottome dollar ill be all over it.
Ambition
  • #434,117
  • Edited 11:40am May 3, 2011 11:38am | Edited 11:40am
china!


entered another short on the close below 785.

PS sorry, thought you asked him "where are your shorts from?"

Quoting PipChick
Where are you short from?
dreams do come true.
  • #434,118
  • May 3, 2011 11:39am May 3, 2011 11:39am
Quoting Julexo
Hei my friend,

What yours target by this week? I close my shorts at 4756 last time...I got 40pips on long. I looking new entry for longs again

if price close above 4875- 30m I go long
  • #434,119
  • May 3, 2011 11:39am May 3, 2011 11:39am
Quoting Chicky
Eg, we are now in a possible big-move zone in this NFP week. I have stopped focusing on small numbers now. Close above or below those numbers means very little to me. Waiting for a big move, then a couple of days more to see the reaction and then decide what support/resistance levels to play.

Keep your positions small in the times of possible big moves.
You are wise man that right but for me i will b waiting another 12H my daily close then if we didn't reach to my target i will do that.

Thanks for valuable advice
  • #434,120
  • May 3, 2011 11:39am May 3, 2011 11:39am
it just doesnt seem logical to get out yet no I see gpb as dollar strength its due for a correction anyhow.markets just shakeing out the shorts so it can go south.
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Ambition
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