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raczekfx chart thread

  • #661
  • May 14, 2011 12:05pm May 14, 2011 12:05pm
Quoting raczekfx
If you asked me..
That's one hell of a 2 - month pin bar.
What happened to all those eurusd cheerleaders?
After all the trend is up..., right. Check the news sections back two weeks ago to see what I mean....
Not to mention any names, most of them were already pricing in 1.55/1.60... ooh dear...

I'll leave you with that beautiful chart. Enjoy the weekend everyone!
.
if you ask me that's one hell of a trade

I'm flat on fiber, again my margin exposure is in use and it's loaded up to the hill

I'm "guilty" I was one of them but I did speak about those figures when fiber was trading around 1.34 so we had a good run up from there, more than 1500 pips.

nothing can progress in a straight line, there must be some setbacks, nothing wrong about correction there are always corrections, and this one still has room to go to the downside.

Hope I'll be smart enough to buy when we will hit the bottom of this corective wave.

the yen also had the potential to be the trade of the year. Don't know for sure how far she wants to retrace but I'm prepare to timing down the market and to sell the yen across all the majors xxx/jpy (buy xxx/jpy)

maybe next week,should be the right time, I would listen to the ground and let the market to tell me when is the right moment, or maybe I'm wrong in my assumption and should change my oppinion

Quoting raczekfx

BTW. guy next door have been trading e-minis for a 1.5 y and quit his well paid sales job in January. Nothing fancy, just 3 contracts a day 4-5 point /day .... and he's only using RTL. I should've formed silent partnership with him when he asked .
Now he's a 'BiiiiiG' trader. I still like him though. Love when people do well and succeed.
Cheers.

.

is this guy your friend, he was hitting pretty big with days like +1.5 Mil.

I'm like you for whatever reason I like to see when people have success

http://replay.web.archive.org/200507...logs.com/pmtc/


all the best & great weekend,everyone
  • #662
  • May 15, 2011 4:16pm May 15, 2011 4:16pm
Quoting supremeChaos

glad u posted beyond your post limit, Mark
a great weekend to u & all!
Oh, you're welcome supreme..
Time to take a break then...
  • #663
  • May 16, 2011 12:37pm May 16, 2011 12:37pm
gu

Is the price ready to hit 1.65 again?
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  • #664
  • May 16, 2011 12:57pm May 16, 2011 12:57pm
I would probably target 159, tomorrow CPI/RPI report could contribute to this, however I have some soldiers gaurding the back door in case I am wrong :-) which is always a 49% possibility !!
Best
RS





Quoting raczekfx
gu

Is the price ready to hit 1.65 again?
  • #665
  • May 16, 2011 1:06pm May 16, 2011 1:06pm
Quoting raczekfx
gu

Is the price ready to hit 1.65 again?

...I was thinking a lot about it over the weekend

the london boys showed up some opportunity

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  • #666
  • May 16, 2011 1:17pm May 16, 2011 1:17pm
Quoting Revstar
.. I have some soldiers gaurding the back door in case I am wrong :-) which is always a 49% possibility !!
Best
RS
Don't worry, If you're wrong, I'll bring ... an army
  • #667
  • May 16, 2011 1:40pm May 16, 2011 1:40pm
Know your rules, trade your rules.

ad to that:

1. simple method
2. little bit of know how (< 10%)
3. knowledge of crowd behaviour (it would help if you ever studied 'crowd control and mass psychology sciences') or watched too much fox news

leave behind:

1. your ego
2. biases and comments from your friends

accept that:

1. loses are part of this business (damage control plan is mandatory)
2. that tomorrow is another trading day.
3. your friends are almost ALWAYS wrong

... and you're on your way.

The more time you spend arguing with others if you're right or wrong, the more time you spend discussing with your colleagues the validity of your setups... the faster you are chasing your success away.

Success is silent. Just ask trigger ....
.
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  • #668
  • May 16, 2011 2:27pm May 16, 2011 2:27pm
Quoting raczekfx

Success is silent. Just ask trigger ....
.
bad boy,bad boy

you turn around again

than need to shoot my mouth off more often

like Mark use to say : back in my cave

all the best!
  • #669
  • May 16, 2011 2:28pm May 16, 2011 2:28pm
Quoting raczekfx
Know your rules, trade your rules.

ad to that:

1. simple method
2. little bit of know how (< 10%)
3. knowledge of crowd behaviour (it would help if you ever studied 'crowd control and mass psychology sciences') or watched too much fox news

leave behind:

1. your ego
2. biases and comments from your friends

accept that:

1. loses are part of this business (damage control plan is mandatory)
2. that tomorrow is another trading day.
3. your friends are almost ALWAYS wrong

... [b]and...

raczekfx, wht is your compounded return rate per anum with this method (if you are willing to share).
  • #670
  • May 16, 2011 2:48pm May 16, 2011 2:48pm
Quoting raczekfx
Don't worry, If you're wrong, I'll bring ... an army
loll......

Rac you have style my friend, I think i am going to scarper back to my cave to!

Take it steady comrades..
best
RS
  • #671
  • May 16, 2011 2:51pm May 16, 2011 2:51pm
Mark, took euro at your favorite fib today
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  • #672
  • May 16, 2011 3:45pm May 16, 2011 3:45pm
Quoting fxterrapin
raczekfx, wht is your compounded return rate per anum with this method (if you are willing to share).
It beats the average mutual fund adviser's annual return for sure. That much I can say.

Quoting denonline
Mark, took euro at your favorite fib today
What can I say? Rac's favorite in action... lol

Quoting triger88990
bad boy,bad boy

you turn around again

than need to shoot my mouth off more often

like Mark use to say : back in my cave

all the best!
Lol... you have to laugh if you can't cry.. It's a looong and lonely journey, isn't it.
And you're right about this one! Back to cave. Perfect storm is brewing...
  • #673
  • May 16, 2011 4:15pm May 16, 2011 4:15pm
Hi. First post here. Full respect yo More like 1.595 and then an upward move. Who knows.. Anyway great charts. Finished with Rac's attachments now its trigg's attachments time Keep save


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  • #674
  • May 16, 2011 4:17pm May 16, 2011 4:17pm
Quoting raczekfx
Know your rules, trade your rules.

ad to that:

1. simple method
2. little bit of know how (< 10%)
3. knowledge of crowd behaviour (it would help if you ever studied 'crowd control and mass psychology sciences') or watched too much fox news

leave behind:

1. your ego
2. biases and comments from your friends

accept that:

1. loses are part of this business (damage control plan is mandatory)
2. that tomorrow is another trading day.
3. your friends are almost ALWAYS wrong

......
I simply cant say how much Your charts and words helped me along my path to become a better trader. You are THE MAN Rac
  • #675
  • May 17, 2011 1:31pm May 17, 2011 1:31pm
Quoting Greenhaze
I simply cant say how much Your charts and words helped me along my path to become a better trader. You are THE MAN Rac
Thank you sir, I'm glad they helped.

Although many have eyes, some don't use them towards their advantage...

It's ok though.
Some people will never learn how to dance or sing, others will never learn how to trade profitably. We're not created equal as some would want us to believe... No matter how hard I tried, I could never sing...
  • #676
  • May 17, 2011 6:17pm May 17, 2011 6:17pm
Quoting raczekfx
Thank you sir, I'm glad they helped.

Although many have eyes, some don't use them towards their advantage...

It's ok though.
Some people will never learn how to dance or sing, others will never learn how to trade profitably. We're not created equal as some would want us to believe... No matter how hard I tried, I could never sing...
I have heard your voice.... you cant sing.....
  • #677
  • May 17, 2011 8:39pm May 17, 2011 8:39pm
Quoting rustyjeff
I have heard your voice.... you cant sing.....
The master Captain himself visited us..
lol.. you did indeed.

Good to see you Jeff.
  • #678
  • May 18, 2011 1:56am May 18, 2011 1:56am
Quoting rustyjeff
I have heard your voice.... you cant sing.....

I can't even begin to imagine how bad can it be

after all he me not be a great singer but he is a hell of a market dancer

all the best!
  • #679
  • May 18, 2011 9:41am May 18, 2011 9:41am
Quoting triger88990
I can't even begin to imagine how bad can it be

after all he me not be a great singer but he is a hell of a market dancer

all the best!
lets put it this way,

Can't sing the song but can dance the dance.

Yeah lame i know......,
.
  • #680
  • May 18, 2011 10:35am May 18, 2011 10:35am
Good ole' silver.

Beautiful double bottom... some of the folks to my right says it's actually a triple bottom.. lol
Who cares what it is, as long as we on the right side.
Are we headed for another test of highs? Only time will tell or ... FF forecasters
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