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  • #459,601
  • Jun 10, 2011 10:20am Jun 10, 2011 10:20am
Quoting FibbinArchie
been napping, have we had an unexpected news event?
Naw, just following last months candle's lead.

It's a very rare occurrence to see the monthly have only 1 bull or 1 bear in a row.

When that does happen, the opposite move is usually so insignificant it doesn't' really matter.

edit: at least, that's my story and I'm stickin to it seee....
  • #459,602
  • Jun 10, 2011 10:20am Jun 10, 2011 10:20am
Quoting johnnyrei
WTF Phanti? chack my posts - i only took longs in 4 places: 1.4405, 1.4375, 1.4366 and 1.4357 and I'm already in profit with last one. If you are scared don't trade. If you shorting - good luck, if you are on sidelines trying to get entertainment - watch teletubbies
Quote
i only took longs in 4 places: 1.4405, 1.4375, 1.4366 and 1.4357 and I'm already in profit with last one



please god ! please make Cloggie appear.
Hero calls followed by margin calls...
  • #459,603
  • Jun 10, 2011 10:21am Jun 10, 2011 10:21am
Quoting PhAnTi'
nope.
blimey, day range @ nearly 200 already...
  • #459,604
  • Jun 10, 2011 10:21am Jun 10, 2011 10:21am
Quick and dirty analysis:

on 4h TF we had a series of 3 1-2's, then came the first wave 3 which might have ended now.

That means we will see 3 times wave 4-5's.

Good luck with longs........
  • #459,605
  • Jun 10, 2011 10:22am Jun 10, 2011 10:22am
maybe today 4290
looking for investors . pm me
  • #459,606
  • Jun 10, 2011 10:22am Jun 10, 2011 10:22am
Quoting FibbinArchie
blimey, day range @ nearly 200 already...
yo ^^ freaky friday
Hero calls followed by margin calls...
  • #459,607
  • Jun 10, 2011 10:23am Jun 10, 2011 10:23am
Quoting Venice
Crazy anyways. Today is a great example of why 99.9% of all indicators are a big steaming pile.... lol

Who cares about over sold, over bought blah blah blah. If it's going up, buy, if it's going down sell. It's not a hard concept. lol
Oversold and overbought are interpretations by traders that typically don't understand that these correct based on market movement.

If an indicator enters into these zones, such as stochs or RSI or CCI, what it means is that movement is still currently in that continued trend and that watching these for leaving the zones is the time to EXIT profitable trend trades, not to reverse current standings...

By simple interpretation alone, people get themselves into jackpot situations, not by the use of indicators.

But hey, having professional trading tools isn't going to make you a pro, no more then having a fast car will make you qualified to race Indy....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #459,608
  • Jun 10, 2011 10:23am Jun 10, 2011 10:23am
Quoting darimik
got half closed of the total now... moving stops down to lock the rest in.. do we bounce to 4385 4399 ? 4364 is now a minor resistance
monthly mofu..and friends...
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Look Sharp/Trade Tight
  • #459,609
  • Jun 10, 2011 10:23am Jun 10, 2011 10:23am
Euro/Usd This pair is squeezed bt. resistance and support waiting for a breakout to either side to decide direction for today, break and base above 1.4555 is to target 1.4650 then break here might target 1.4730/40 while break and base below 1.4490/00 would target low at 1.4340
---------------------------------------------------------------

"break and base below 1.4490/00 would target low at 1.4340"

sold at 1.4490 closed at 1.4360 = 130 pips from this pair, well not bad

Live and Learn Traders
  • #459,610
  • Jun 10, 2011 10:23am Jun 10, 2011 10:23am
Quoting johnnyrei
WTF Phanti? chack my posts - i only took longs in 4 places: 1.4405, 1.4375, 1.4366 and 1.4357 and I'm already in profit with last one. If you are scared don't trade. If you shorting - good luck, if you are on sidelines trying to get entertainment - watch teletubbies
cool story bro, haven't you heard enough people in this thread say not to fight a trend on a friday? Maybe your trade works out but really why would you fight this?
Don't have an ego. Always question yourself and your ability.
  • #459,611
  • Jun 10, 2011 10:23am Jun 10, 2011 10:23am
Quoting vanyxster
good days bad days u cant win all times ...... it was very bad for me this week the worst this year.. i am not troubled with succesess rate at all , only with rr, i am entering trades that can give me minimum 1:5 average off all trades this year is around 1:8 risk reward ...30 -40 % wining trades ussually gets me around 2000-2500 pips per month.... its just diferent style i am not offended at all ..happy pips
COOL not bossy, your plan your success

Happy pipping
If you are new to Forex? Say Goodbye to your account!!
  • #459,612
  • Jun 10, 2011 10:24am Jun 10, 2011 10:24am
Quoting PhAnTi'

please god ! please make Cloggie appear.

Vloggie? He overdosed on Marmite days ago... ...you're on your own...
  • #459,613
  • Jun 10, 2011 10:24am Jun 10, 2011 10:24am
Quoting KiwiTrada
Exactly Gator I ask too, he trying to find, maybe charts tucked away in attic.

This turd have no right to be up here, it belong in sewer

Bul Bull seem forever, my job smack it into sewer where belong

Happy pipping, waiting his chart too
dont be cocky man bearish view on dollar didnt come in my dreams....people overlook that euro crissis greece , ireland , portugal & even spain in equatation are just raindrops compared to storm coming over states, also 13 millions jobs in EU compared to 8 milions in States rings a bell for me & Social Security in States debt is lets just say big ... printing money to cover debts only will make it worse .....printing green rise price in comms & qe 3 wont bring anything good without severe impact on american people standard ..... eating like a pidgeon, s****g like a elephant now its time for some1 to clean those crap & that will be painfull process...watching kung fu panda 2 didnt follow forum .....
  • #459,614
  • Jun 10, 2011 10:24am Jun 10, 2011 10:24am
Quoting Venice
Naw, just following last months candle's lead.

It's a very rare occurrence to see the monthly have only 1 bull or 1 bear in a row.

When that does happen, the opposite move is usually so insignificant it doesn't' really matter.

edit: at least, that's my story and I'm stickin to it seee....
sounds good, have you back tested this theory?
  • #459,615
  • Jun 10, 2011 10:25am Jun 10, 2011 10:25am
yo Ramses....Im liking the impulsiveness here and in the SPX as well...Gotta get oil to keep going lower me thinks



Quoting RamsesII
cool story bro, haven't you heard enough people in this thread say not to fight a trend on a friday? Maybe your trade works out but really why would you fight this?
  • #459,616
  • Jun 10, 2011 10:25am Jun 10, 2011 10:25am
Quoting johnnyrei
Vloggie? He overdosed on Marmite days ago... ...you're on your own...
Dilligaf.
Hero calls followed by margin calls...
  • #459,617
  • Jun 10, 2011 10:25am Jun 10, 2011 10:25am
Quoting RamsesII
cool story bro, haven't you heard enough people in this thread say not to fight a trend on a friday? Maybe your trade works out but really why would you fight this?
Dear Bro - if I would fight the trend - I wouldn't take longs below bollinger bands bottom...
  • #459,618
  • Jun 10, 2011 10:26am Jun 10, 2011 10:26am
Quoting johnnyrei
Max Keiser ripping 50 euro notes - forward to 19min 20sec - hilarious:

http://www.youtube.com/watch?v=zVI4OsgXrbY

so true lol ..... this guy takes no crap tell it how it is jokes
  • #459,619
  • Jun 10, 2011 10:26am Jun 10, 2011 10:26am
Quoting needpips
yo Ramses....Im liking the impulsiveness here and in the SPX as well...Gotta get oil to keep going lower me thinks
yea i'm suddently interested again, been just casually watching over the last few days
Don't have an ego. Always question yourself and your ability.
  • #459,620
  • Jun 10, 2011 10:27am Jun 10, 2011 10:27am
Quoting PhAnTi'
Dilligaf.
Yes you Dllygaf.
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