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  • #436,161
  • May 5, 2011 7:52am May 5, 2011 7:52am
Quoting cloggie
Wonderful, and Tricky T did the rest for us. 4650 next
I got greedy and went long to 4880 where I reversed
Don't have an ego. Always question yourself and your ability.
  • #436,162
  • May 5, 2011 7:52am May 5, 2011 7:52am
Check this out ,dont marry the short just yet .

As we just closed down the longs that entered at the break 4715.
I have mentioned this level over the past week .

Just dont be surprised if we now shoot up.

Only posting to give bigger picture.
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making green pips large and red pips small this is my goal.
  • #436,163
  • May 5, 2011 7:53am May 5, 2011 7:53am
Quoting PayTheLimit
I'm afraid I dont understand, why is it a stop hunt?

Because the price went contrary to the position he had taken. Now of course you have to understand just because fundamentals might have changed doesn't mean he was wrong. That's just silly talk. More likely its a stop hunt
We're all stories in the end. Just try to make it a good one.
  • #436,164
  • May 5, 2011 7:53am May 5, 2011 7:53am
...i see dead people...lol!!

for me its the stands for a few minutes...need to catch my breath..
Guard your pips jelously
  • #436,165
  • May 5, 2011 7:54am May 5, 2011 7:54am
Quoting BrunargarFx
What do you mean by stop hunt? That this is to shake the weaker bulls?
NO.

There are many mid-longer term traders who trail stops and put wider s/l then us- intraday traders.

Heavy momentum cause all those stops to be HARVESTED/HUNTED.

Then, LONGS whose stops are endangered exit because of FEAR, panic. That is an IMMEDIATE sell into the market.

Relax.
  • #436,166
  • May 5, 2011 7:55am May 5, 2011 7:55am
Quoting Pipabix
Shorts still in play 1.4871 66 48.
Revised tp
1, 1.4760
2, 1.4640
3, 1.4530
Finally
tp 1 hit
  • #436,167
  • May 5, 2011 7:55am May 5, 2011 7:55am
Quoting T@rantula
RETRACEMENT/PROFIT TAKING = TREND

SELL OFF = FEAR,PANIC = POSSIBLE REVERSAL

This could be a correction of OB levels thus provoked by ECB announcement.. EU is still IN UPTREND.

No matter what trade when dust settles. Dont enter on MOMENTUM. Momentum is for scalps. Entries should precede momentum. Reaction.
As usual very wise T,

I have 1.4550 as maximum retracement and 1.4500 as a possible reversal of trend...
  • #436,168
  • May 5, 2011 7:56am May 5, 2011 7:56am
I bought a lil at S2 week
  • #436,169
  • May 5, 2011 7:56am May 5, 2011 7:56am
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  • #436,170
  • May 5, 2011 7:56am May 5, 2011 7:56am

Quoting Pipabix
Finally
tp 1 hit
  • #436,171
  • May 5, 2011 7:57am May 5, 2011 7:57am
hey
I'm stuck in a long position do u think it'll go up again or no ??
  • #436,172
  • May 5, 2011 7:57am May 5, 2011 7:57am
Quoting gatorinla
i don't know if its over r not. but the bounce was there. 101.73 is my next major target. with support at 103.47....
i didnt quote 105.69 but it was on the chart.
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those who can, do. those who cant, talk about those who can
  • #436,173
  • May 5, 2011 7:57am May 5, 2011 7:57am
Quoting Traderji
Because the price went contrary to the position he had taken. Now of course you have understand just because fundamentals might have changed doesn't mean he was wrong. That's just silly talk. More likely its a stop hunt
For your information my stops were at 4800.

Havent even touched it as I closed pre news in profit ofcourse. Ask someone who I work with
  • #436,174
  • May 5, 2011 7:57am May 5, 2011 7:57am
Quoting gatorinla
it doesn't change the fact that bin ladden fought the Russians,
to be honest i dont know who became Taliban or not. I doubt you know either. i don't care. it may be the same guys in the photo r it may not. but a fact is bin ladden fought with the blanket term placed on the ones fighting the Russians (called freedom fighters), whether we like it or not. The u.s. funded them.. including bin ladden.
You're right, we don't know each other. I do know the men Reagan met with were part of the group of Mujahadeen who fought against the Taliban after the Commies left. So no, they weren't the same group, even if they all fought against the russians in some form. That's the point of my argument. The poster that earlier clown posted is down-right misleading.

Okay... back to the rate. Did you trade the news at all?
What we obtain too cheap, we esteem too lightly.
  • #436,175
  • May 5, 2011 7:58am May 5, 2011 7:58am
Quoting PhAnTi'
i hate this freakin dude ...

Trickie T.

anyway stops hit 4807.

done for the day.

out now.

see ya guys
Was denn ... erst viel Schwätzle und jetzt schon wegflitzen ...

Wo's doch gerade erst überhaupt interessant wird ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #436,176
  • May 5, 2011 7:58am May 5, 2011 7:58am
Gutted I never put a sell stop around 4790. I got burned last time I traded the news so I didn't bother this time, wish I had now, would of made a mint.
  • #436,177
  • May 5, 2011 8:00am May 5, 2011 8:00am
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  • #436,178
  • May 5, 2011 8:02am May 5, 2011 8:02am
Quoting PayTheLimit
I'm afraid I dont understand, why is it a stop hunt?
Because we all knew ... that there has been stop loss placed ...

And we do like to trigger them ... and we place our Entries beyond them ... easy peasy very short term nice profits ...

Not much time needed to wait for some green pips then ...



2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #436,179
  • May 5, 2011 8:03am May 5, 2011 8:03am
when should one start thinking about going long again? after tomorrow's news are over?
  • #436,180
  • May 5, 2011 8:04am May 5, 2011 8:04am
Daily...will be looking for shorts if we close under 4730....
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