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  • #434,121
  • May 3, 2011 11:39am May 3, 2011 11:39am
Quoting Trims52
Hi All new here enjoying this thread breaks up the waiting some good comments and knowledge here, some not so good but trying..........

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.
Welcome, from what I know Asian session breakouts are rare. They're either fake or they just don't happen -- not enough volume that sessions like NY/Euro overlap bring.
Trends, breakouts, price action.
  • #434,122
  • May 3, 2011 11:39am May 3, 2011 11:39am
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.
Yeah wormy is right, you can't teach an old dog new trick, your effort is definitely appreciate to other new trader.
Make it rain baby
  • #434,123
  • May 3, 2011 11:40am May 3, 2011 11:40am
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.
The way you trade, I think your life will be much easier if you concentrate only on 800 to 1,000 pip moves and not 12 1/2 pip moves.
The Thief of Wall Street
  • #434,124
  • May 3, 2011 11:40am May 3, 2011 11:40am
Quoting wannaberich
china!


entered another short on the close below 785.
I just took my profits when we broke 66
  • #434,125
  • May 3, 2011 11:42am May 3, 2011 11:42am
(i went long at 1.4780... and got out at 1.48125
Quoting PipChick
I just took my profits when we broke 66
dreams do come true.
  • #434,126
  • May 3, 2011 11:43am May 3, 2011 11:43am
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.
GBPUSD dropped hard because a UK clearing company was selling the GBP to buy the EURO, go look at the EURGBP, they were longing that shit... Absolutely nothing to do with USD, as a matter of fact USD is still nosediving.... look at USDCHF still losing strength against the franc and USDX is still dropping....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #434,127
  • May 3, 2011 11:43am May 3, 2011 11:43am
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
hey buddy,

excellent trade earlier, stopped dead on 49
I have no long term trades this week, not unless price clears at least 4930 or retest 4735 for me to position long.
All scalps till those level are valid. I got paid a few as well on those longs earlier. My position is now flat.
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Thank You
  • #434,128
  • May 3, 2011 11:43am May 3, 2011 11:43am
Quoting Chicky
The way you trade, I think your life will be much easier if you concentrate only on 800 to 1,000 pip moves.
thats what im currently trying to do if i hold here and it does go south big payday. it hasnt broken up do you see
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Ambition
  • #434,129
  • May 3, 2011 11:43am May 3, 2011 11:43am
Quoting wormboy
...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.
LOL! Some ppl are more hopeful gamblers than traders . Some ppl don't know the difference .
Trends, breakouts, price action.
  • #434,130
  • May 3, 2011 11:45am May 3, 2011 11:45am
Quoting talentfx
thats what im currently trying to do if i hold here and it does go south big payday. it hasnt broken up do you see
if that's what your aiming for (800-1000 pips) then you don't really need to update your status on a thread every couple of hours, let alone everyday ;-) -just sayin'.
Trends, breakouts, price action.
  • #434,131
  • May 3, 2011 11:46am May 3, 2011 11:46am
you are on demo or you play miniaccount ?

Quoting talentfx
thats what im currently trying to do if i hold here and it does go south big payday. it hasnt broken up do you see
  • #434,132
  • May 3, 2011 11:46am May 3, 2011 11:46am
Quoting wannaberich
(i went long at 1.4780... and got out at 1.48125
Im done for now but B is now in place. (a little lower than I expected) so we will most likely either form an m15 bull flag or retrace to the 50% which is also the neck line. Maybe that will be a good place to long again. Have to see what the price action is like a little later.
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  • #434,133
  • May 3, 2011 11:47am May 3, 2011 11:47am
Quoting FxPlayboy
Yeah wormy is right, you can't teach an old dog new trick, your effort is definitely appreciate to other new trader.
Yeye, good to help others when possible. --but I'm losin hope on this one haha.
Trends, breakouts, price action.
  • #434,134
  • May 3, 2011 11:47am May 3, 2011 11:47am
Quoting aizazk
if that's what your aiming for (800-1000 pips) then you don't really need to update your status on a thread every couple of hours, let alone everyday ;-) -just sayin'.
I like to keeps me etertained just sayin
Ambition
  • #434,135
  • May 3, 2011 11:48am May 3, 2011 11:48am
do you think warren buffet traDES IN such short sightedness as many traders do here I dont think so medium to long term seems to be coming back my way why would i get out 2 positions in profit again
Ambition
  • #434,136
  • May 3, 2011 11:49am May 3, 2011 11:49am
Quoting talentfx
thats what im currently trying to do if i hold here and it does go south big payday. it hasnt broken up do you see
with the amount of positions on your account open you gonna get a margin call in no time,you had a chance to make some profit today instead you choose to go in red.
  • #434,137
  • May 3, 2011 11:51am May 3, 2011 11:51am
Quoting wormboy
hey buddy,

excellent trade earlier, stopped dead on 49
I have no long term trades this week, not unless price clears at least 4930 or retest 4735 for me to position long.
All scalps till those level are valid. I got paid a few as well on those longs earlier. My position is now flat.

nice job
  • #434,138
  • May 3, 2011 11:51am May 3, 2011 11:51am
Oh fak...

Now he's going to start blowing his horn...see, see...I told you!

Wish it would just go up and wipe him out. Put a stake in the heart of tfx...go away for a few months...come back under another name.
  • #434,139
  • May 3, 2011 11:51am May 3, 2011 11:51am
Quoting talentfx
thats what im currently trying to do if i hold here and it does go south big payday. it hasnt broken up do you see
IMHO a trend is not broken unless a new equally strong trend emmerges that is backed by significant fundamental factors. I don't see a new trend as yet.
The Thief of Wall Street
  • #434,140
  • May 3, 2011 11:52am May 3, 2011 11:52am
Plus, it is NFP this week and this kind of week with NFR I scalp and short term trade mostly.

Cheers


Quoting wormboy
hey buddy,

excellent trade earlier, stopped dead on 49
I have no long term trades this week, not unless price clears at least 4930 or retest 4735 for me to position long.
All scalps till those level are valid. I got paid a few as well on those longs earlier. My position is now flat.
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