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  • #448,121
  • May 24, 2011 3:04pm May 24, 2011 3:04pm
Quoting 4xmaker
can you back it up with your reasonings?
No, just trust me.
  • #448,122
  • May 24, 2011 3:07pm May 24, 2011 3:07pm
Quoting SirMcPip
Position Trade


Buy Limit 1.3920....SL 1.3770....Target 1.5970
why buy there?? buy lower... decrease the sL... 1.50 we will hit... i even see 1.52... but time will tell on the next wave up
  • #448,123
  • May 24, 2011 3:07pm May 24, 2011 3:07pm
Quoting mercy seat
Ah ... I cannot find it atm ... a few weeks ago you posted a (maybe it was a pdf-file) message here ...

And it contained some work from Sunil ...

Let me see if I can find it ...
Oh ...

Excuse me ... it was not you ... it has been FINI who posted it here ...

Here it is ...

I know he does such tutorials as well ... like BootCamp etcetera ... and as far as I remember he has been with actionforex,com and with dailyfx.com as well for a while ...

That's why I mentioned ... although I never listened these lessons there ... at actionforex or dailyfx.com ...

That man is really not only good ... he is quite funny as well ... and he has a certain special sense of humor ... that's for sure



;-|
Attached File(s)
File Type: pdf Trading the Hidden Divergence.pdf   486 KB | 629 downloads
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #448,124
  • May 24, 2011 3:10pm May 24, 2011 3:10pm
Quoting jaylovin
why buy there?? buy lower... decrease the sL... 1.50 we will hit... i even see 1.52... but time will tell on the next wave up
Decrease SL?...what do you want me to do? 30 pips? ...times 10? I am not very much into this Las Vegas Style Trading.
  • #448,125
  • May 24, 2011 3:11pm May 24, 2011 3:11pm
Quoting RamsesII
infinitus, euro needs to fall now and in a hurry to get the required d to a overlap and still be a contracting wedge, the wedge idea is on life support in my opinion
Hi Ramses,

why do you thing that it should contract? In the contracting variety wave 3 (or C on my chart - I mislabeled it) would need to be shorter than wave 1 (or here A).

But Wave 3 (or C) on the chart is longer than wave A. So we have the expanding variety......
  • #448,126
  • May 24, 2011 3:12pm May 24, 2011 3:12pm
Quoting SirMcPip
Decrease SL?...what do you want me to do? 30 pips? ...times 10? I am not very much into this Las Vegas Style Trading.
You seem to be upsetting a lot of people with your trading plan. lol.

I have daily pointing down right now, your buy limit is certainly not out of reach. The real question is... why the buy without any confirmation.
  • #448,127
  • May 24, 2011 3:13pm May 24, 2011 3:13pm
Quoting SirMcPip
Decrease SL?...what do you want me to do? 30 pips? ...times 10? I am not very much into this Las Vegas Style Trading.

question for you... where do you believe this down move will reverse?
  • #448,128
  • May 24, 2011 3:14pm May 24, 2011 3:14pm
Quoting lolygagv2
Why even post this? It's such a huge low probability trade.....if that's your trading method and it works......good job, but that's just insanity. If you like losing 150 pips consistently to have a shot at a 2000 pip gain......sure.
maybe will achieve at the end of the year, or maybe not
  • #448,129
  • May 24, 2011 3:14pm May 24, 2011 3:14pm
...
Look Sharp/Trade Tight
  • #448,130
  • May 24, 2011 3:16pm May 24, 2011 3:16pm
Quoting PayTheLimit
...
PTL, what we got here mate!

Any longer term projections? Thinking of loading the boat tonight on the swissy for a few long on daily close. I see room for at least a 100 pip move up. Bears were so nice to drag this down today and offer one hell of a R:R.
  • #448,131
  • May 24, 2011 3:16pm May 24, 2011 3:16pm
L 4101
those who can, do. those who cant, talk about those who can
  • #448,132
  • May 24, 2011 3:19pm May 24, 2011 3:19pm
Quoting SirMcPip
Decrease SL?...what do you want me to do? 30 pips? ...times 10? I am not very much into this Las Vegas Style Trading.
lol, you're crossing swords with a lot of people here saying that SirMcPip...

everyone has their own style and strategy, there's a million and one ways to syphon money out of forex and imo, no one method is necessarily better or worse than another, what is key is the trader that implements it...
  • #448,133
  • May 24, 2011 3:21pm May 24, 2011 3:21pm
Quoting jaylovin
question for you... where do you believe this down move will reverse?
Somewhat around 1.3920 and may be a slip to around above his STOP LEVEL ...

Irgendwo eine ziemlich überflüssige Frage ...

Ergibt sich die Antwort doch bereits aus den Eckdaten der Positionierung ...

Einfach mal nachdenken ... just think ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #448,134
  • May 24, 2011 3:21pm May 24, 2011 3:21pm
Quoting FibbinArchie
lol, you're crossing swords with a lot of people here saying that SirMcPip...

everyone has their own style and strategy, there's a million and one ways to syphon money out of forex and imo, no one method is necessarily better or worse than another, what is key is the trader that implements it...

could not agree more...... "calculated gamble" is the best description that I would sign ........
  • #448,135
  • May 24, 2011 3:21pm May 24, 2011 3:21pm
Quoting FibbinArchie
lol, you're crossing swords with a lot of people here saying that SirMcPip...

everyone has their own style and strategy, there's a million and one ways to syphon money out of forex and imo, no one method is necessarily better or worse than another, what is key is the trader that implements it...
you're right... there are many styles and i am not knocking his style... i am just curious with his method..
  • #448,136
  • May 24, 2011 3:21pm May 24, 2011 3:21pm
Quoting Venice
PTL, what we got here mate!

Any longer term projections? Thinking of loading the boat tonight on the swissy for a few long on daily close.
I am short the AUD, trying to get a good enough edge to make something out of it..elsewhere, I'm flat. The brit stuck it to me, and I tried to get some EUR shorts on, but got no love there. I;ve been in and out all day, so have not had a chance to look at the whole board.
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Look Sharp/Trade Tight
  • #448,137
  • May 24, 2011 3:24pm May 24, 2011 3:24pm
Quoting Venice
You seem to be upsetting a lot of people with your trading plan. lol.

I have daily pointing down right now, your buy limit is certainly not out of reach. The real question is... why the buy without any confirmation.
Hahaha, dont know why it upsets the folks here, i think its because most are into this bear market scenario. Every little correction gets them quiet excited, even a couple of hundred pips. My friend, my reasoning is this. 1,3890-1,3920 zone is the 50% Fib of the rally from 1/9/11 to the recent high of 5/4/11. If the good lord is willing and the creeks dont rise, we should at least see a 100-200 pip bounce from there, so i dont think my SL will be hit before we show a reaction. Of course, i will watch price action in this vicinity and if i see something very strange i will reassess. However, i have no doubt in my mind that due to the underlying fundamentals, the EU will rally througout 2011. A change of the main trend is out of the question this year. But as any other trader, i might be just plain wrong. Cheers and good trades!!
  • #448,138
  • May 24, 2011 3:30pm May 24, 2011 3:30pm
Quoting FibbinArchie
lol, you're crossing swords with a lot of people here saying that SirMcPip...

everyone has their own style and strategy, there's a million and one ways to syphon money out of forex and imo, no one method is necessarily better or worse than another, what is key is the trader that implements it...
Couldnt agree more Ole Fib. I might not have the most diplomatic style of expressing myself but i can see quiet clearly that some folks here are masters of what they are doing, no matter what timeframe they trade. This is just the way i prefer to trade, and when i say a few things that others dont like, its as usual just my very subjective view. Nothing to get excited about. Good trades to you my friend.
  • #448,139
  • May 24, 2011 3:30pm May 24, 2011 3:30pm
Quoting jaylovin
you're right... there are many styles and i am not knocking his style... i am just curious with his method..
you must not have asked him nicely enough...
  • #448,140
  • May 24, 2011 3:30pm May 24, 2011 3:30pm
seems to me we ought to see selling into close of hour/day in 30 minutes if bear move ahead or see buying into close if bull market.
just above neckline of daily h&s
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