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  • #465,521
  • Jun 17, 2011 11:17am Jun 17, 2011 11:17am
Quoting JeremyWS
So you made 900 pips today, not bad. Its just, I am wondering why you would waste your time on this forum. Why not got to a big bank and get a great job and retire in 1 year. It baffles me, it really does.
No reason to argue about ...

900 pips have not been there ... that's for sure ...

That's naive calculation ...

Unzulässige Milchmädchenrechnung ... we say in such cases ...

This is only possible if you say ... hmmm ... normally I do trade 1x amount of such a position ... today I took 9x amount of that ...

But that does not count ...

All what counts is a "pips move" in "pips values" ... no matter if you trade normally 10K, 100K, one mill, ten mill or whatever ...

On the other hand so-called countertrend trade moves can be very profitable as well with very low risk ... but it depends on your experience and skills ... you must be very quick and fast then ... and very precise in near term estimation ...

Depends on thru which kind of lens we look at the market behaviour ...

Best is ... when we can widen our views from a certain distance ... and getting the facillities to serve them all ...

And this is possible ...





But right ... we must be aware ... that major daily direction has been a recovery move to the upside ...

And right ... we should be able to determine that todays move energy has been favouring the long side ... from a strategical point of view ...

Even then ... when various technicals did say that the trend is bearish ...

But I know all these things ...

And these facts are "Bestandteil" of a good and useful estimation and strategy ...


Elliott did point to the upside today ... btw !



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #465,522
  • Jun 17, 2011 11:17am Jun 17, 2011 11:17am
Quoting stevexyg
Good results, that will get you a lot of Marmite! I hate the stuff personally. Does it make you trade better?!

I hear marmite is great for lube!
  • #465,523
  • Jun 17, 2011 11:17am Jun 17, 2011 11:17am
Quoting Piters
loooll
PM me three..

Sonic
  • #465,524
  • Jun 17, 2011 11:18am Jun 17, 2011 11:18am
Quoting EuroTrader
Is this for something?

Attachment
should be dead.... h even closed at 4323... still no signs of any sellin power here imo.

flat.

nice week,cant blame....anyway lets c what the meetings on the weekend will bring us for the grand opening sun eve.

just the weekly close later will catch my attention.

so long off for the moment.
Hero calls followed by margin calls...
  • #465,525
  • Jun 17, 2011 11:20am Jun 17, 2011 11:20am
Hi guys i make a +270 pip today what a great day for me ) Now i am on Short With a huge position at @1.4329 1.4330 is a realy STORNG resistant i think it can't be broke easily
  • #465,526
  • Jun 17, 2011 11:24am Jun 17, 2011 11:24am
Quoting PhAnTi'
should be dead.... h even closed at 4323... still no signs of any sellin power here imo.

flat.

nice week,cant blame....anyway lets c what the meetings on the weekend will bring us for the grand opening sun eve.

just the weekly close later will catch my attention.

so long off for the moment.
Mach's gut ...

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #465,527
  • Jun 17, 2011 11:25am Jun 17, 2011 11:25am
I have only shorted for the last 2 years, tonight no difference, 1 nice scalp of eu but mainly cable and geppy, for eu au tonight were crap,

Trends can change through different time frames, so which one shoulld you follow??

I still believe eu has fresh air underneath, I will be waiting to catch that train,
tonight next weelk, next month, I will be on it
Til then I will scalp sells whenever offered.

I trade what I see, nothing more nothing less

If you are new to Forex? Say Goodbye to your account!!
  • #465,528
  • Jun 17, 2011 11:25am Jun 17, 2011 11:25am
i have a 2 reason for sell

1-) USD/JPY is on 80.05 again, if USD fall under 80 too much people will try to bought it, i saw this story nearly 6 time.

2-) The people's have a lot of longs from 1.41-1.42 and if the resistant not broke , they will think it can be protest in a Greece on Weekend so they will want to be safe with their moneys....
  • #465,529
  • Jun 17, 2011 11:27am Jun 17, 2011 11:27am
Quoting SirMcPip
Just in case there are some late session funnies...canceled the trade as it is too late for a position over the WE. Will replace the order the beginning of next week.
Ja ... Künstlerpech !

Hab' es mir schon gedacht ...

Kann passieren ...

Ich wünsche Dir ein schönes Wochenende ...

See you later


2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #465,530
  • Jun 17, 2011 11:28am Jun 17, 2011 11:28am
People we are in an uptrend.... Please stop shorting for 11 to 20 pips. Why do that when you can stay in the uptrend for 500+ pips. To the newbies, I was once there trading against the trend and lost thousands of dollars..... Now trading with trend I see almost double my balance monthly.... PLEASE! stop trading against the trend and your depressing losses will be a faded memory... Have a good weekend.
  • #465,531
  • Jun 17, 2011 11:29am Jun 17, 2011 11:29am
daily bear in tact as long as 4380 is there to cap this. 4338 is very strong as well. game changer in fact, especially for today.

Attached Image
  • #465,532
  • Jun 17, 2011 11:32am Jun 17, 2011 11:32am
Quoting dami32
People we are in an uptrend.... Please stop shorting for 11 to 20 pips. Why do that when you can stay in the uptrend for 500+ pips. To the newbies, I was once there trading against the trend and lost thousands of dollars..... Now trading with trend I see almost double my balance monthly.... PLEASE! stop trading against the trend and your depressing losses will be a faded memory... Have a good weekend.
Dude if EU/DOLAR is rising %2.2 in a 1.5 day you need to sell i warn you it will be nice it is very strongly resistant on 1.4338...
  • #465,533
  • Jun 17, 2011 11:32am Jun 17, 2011 11:32am
[quote=T@rantula;4702851]I made 17 pips on EU today. Well nothing to hide 4285 was my entry with 15 s/l. almost same as Gator. 68 scaled out although good at 57 2nd part stopped at BE.

i closed already 1/4 on this one atm... but 3 pips was 1/4% of scalp account. now 4 pips = 1/4.. if i think a have a solid s/r at entry.. instead of be.. i set b.e. a few pips beyond the solid s/r .. because my closed 1/4 will fund that s/l.. so my sl can be on the good side of s/r. so my b.e may seem to be in the red at times.. but as a single trade it may actually be green.. .. draw down at the time of my entry was to spread. or 0 since spread cant be avoided. i do this many times a day.. i dont post all.. im not at pc all the time i trade.

watching 4311 then 4298.. or napping.. wake with a gold nugget or a turd.
those who can, do. those who cant, talk about those who can
  • #465,534
  • Jun 17, 2011 11:36am Jun 17, 2011 11:36am
Highest been given (bid) has been 1.43393 with mine until now ...

And I think this will be done for today ...

Lowest been taken (ask) hasbeen 1.41279 with mine until now ...

And I think this will be done for today as well ...

All eyes on daily and weekly closing / clôture from now on ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #465,535
  • Jun 17, 2011 11:36am Jun 17, 2011 11:36am
Quoting dami32
People we are in an uptrend.... Please stop shorting for 11 to 20 pips. Why do that when you can stay in the uptrend for 500+ pips. To the newbies, I was once there trading against the trend and lost thousands of dollars..... Now trading with trend I see almost double my balance monthly.... PLEASE! stop trading against the trend and your depressing losses will be a faded memory... Have a good weekend.
I am also a newbie, you speak well but the problem is we could understand what the trend is ...
And of course we have the courage to act and a plan of trading prior...
Today I'm losing everything I did on the scalp, in all 50 pis
For some reason only a few are winners in this market

Good weekend to all
  • #465,536
  • Jun 17, 2011 11:36am Jun 17, 2011 11:36am
[quote=gatorinla;4702917]
Quoting T@rantula
I made 17 pips on EU today. Well nothing to hide 4285 was my entry with 15 s/l. almost same as Gator. 68 scaled out although good at 57 2nd part stopped at BE.

i closed already 1/4 on this one atm... but 3 pips was 1/4% of scalp account. now 4 pips = 1/4.. if i think a have a solid s/r at entry.. instead of be.. i set b.e. a few pips beyond the solid s/r .. because my closed 1/4 will fund that s/l.. so my sl can be on the good side of s/r. so my b.e may seem to be in the red at times.. but as a single trade it may...
check your weekly close .. mine is range from 4337.6 5est close broker to 4347 ... non close broker
those who can, do. those who cant, talk about those who can
  • #465,537
  • Jun 17, 2011 11:38am Jun 17, 2011 11:38am
Quoting mercy seat
Ja ... Künstlerpech !

Hab' es mir schon gedacht ...

Kann passieren ...

Ich wünsche Dir ein schönes Wochenende ...

See you later


Yo Mercy, aber ich glaub trotzdem noch, daß ich den Sell Level bekommen werde, dann halt nächste Woche. Jedenfalls wünsche ich Dir auch ein schönes Wochenende und Danke für Deine Analysis während der Woche. Mach´s gut, bis Montag!
  • #465,538
  • Jun 17, 2011 11:40am Jun 17, 2011 11:40am
Quoting dami32
People we are in an uptrend.... Please stop shorting for 11 to 20 pips. Why do that when you can stay in the uptrend for 500+ pips. To the newbies, I was once there trading against the trend and lost thousands of dollars..... Now trading with trend I see almost double my balance monthly.... PLEASE! stop trading against the trend and your depressing losses will be a faded memory... Have a good weekend.
WOW OMG you double your account every month!!! I want to be just like you!!!

So I am guessing you're a billionaire by now, I mean you've been trading for a few years and 100% a month compounded even for $100 you would have made $400,000 in a year, and in 2 years $1,677,721,600, and 3 years, well my calculator doesnt have that many numbers

come on stop pretending you double your account every month.
  • #465,539
  • Jun 17, 2011 11:40am Jun 17, 2011 11:40am
Quoting dami32
People we are in an uptrend.... Please stop shorting for 11 to 20 pips. Why do that when you can stay in the uptrend for 500+ pips. To the newbies, I was once there trading against the trend and lost thousands of dollars..... Now trading with trend I see almost double my balance monthly.... PLEASE! stop trading against the trend and your depressing losses will be a faded memory... Have a good weekend.
thats quit not easy to say if there are hard resistences and supports man..in example it can fall from the resistance till 14260..what if you have the long side..this is really very strengh to calculate... Calculate always supports and resistence and trendlines...look on different candles in different time frames...hmmm thats a hard job really...
" Accepting losses is the most important single investment devise "
  • #465,540
  • Jun 17, 2011 11:40am Jun 17, 2011 11:40am
Quoting dami32
People we are in an uptrend.... Please stop shorting for 11 to 20 pips. Why do that when you can stay in the uptrend for 500+ pips. To the newbies, I was once there trading against the trend and lost thousands of dollars..... Now trading with trend I see almost double my balance monthly.... PLEASE! stop trading against the trend and your depressing losses will be a faded memory... Have a good weekend.

good advice.
I think some noob traders do follow the trend but enter wrongly, then start to panic trade and lose all confidents which direction they are going in.
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