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EURUSD

  • #474,501
  • Jun 28, 2011 12:01pm Jun 28, 2011 12:01pm
Quoting chazzle
added ... 350 now same sl
exit @ sl I think plan A (to stay out) was better
  • #474,502
  • Jun 28, 2011 12:02pm Jun 28, 2011 12:02pm
Has the waiting game begun?

With the vote in the Greek parliament scheduled for tomorrow morning, it would not be a surprise to see EUR/USD fall into a nervous consolidation. 1.4225/30 should contain dips near-term (the overnight stall-point) while 1.4400 is resistance.

By Jamie Coleman || June 28, 2011 at 15:42 GMT

greeks are rioting...
  • #474,503
  • Jun 28, 2011 12:02pm Jun 28, 2011 12:02pm
just so that you get my message right i am not trying to discourage u.

trading is a lot harder than any other task i have set my hands onto in my whole life. it's harder and it takes longer.

i remember there was some kind of vote on how long it took to be a consistently profitable trader. many said more than 5 years. i thought that was completely stupid. at the time i was pretty sure i would be "there" in a year or so. just had a couple of psychological aspects to take care of. this was (more or less) 4 years ago. i am still here learning. i pretty sure i will in the next couple of years.

one of these days Cloggie said that anyone with less than 10 years experience was a newbie. i thought that was too much. well, i don't anymore.

it takes time. lot's of time. it takes "pain" (emotional pain). lots.

well, at least that's my experience.

hope you can get "there" faster than me (and i am sure, lots of us). honestly i don't think you will. you'll have to get through the same we did (and do).

green pips

[quote=Dr.Zain;4733575]
Quoting wannaberich
1 year??!?!?!?!

guess i am much dumber than most....
Thanks
dreams do come true.
  • #474,504
  • Jun 28, 2011 12:04pm Jun 28, 2011 12:04pm
and still not "there"...

but then again, maybe i am just dumber (or more stubborn) than most...



[quote=FibbinArchie;4733591]
Quoting Dr.Zain
try, 2 years @ 16 hours a day, then you may have scratched the surface....
dreams do come true.
  • #474,505
  • Jun 28, 2011 12:05pm Jun 28, 2011 12:05pm
Quoting pipper
Hi 10Pip - did you get around that spreadsheet post
I know he was having a problem attaching the excel sheet. Have never tried myself, so not sure what the problem was, but was going to suggest...

Perhaps convert it to a PDF and try that way, 10pips?
  • #474,506
  • Jun 28, 2011 12:07pm Jun 28, 2011 12:07pm
Quoting Dr.Zain
You are right
i just over looked the post you wrote aboout BE
Just a well meant hint ...

Switch that meat puppet off ...

Put him on IGGY POP ...

And you will have much more fun ...

Safer surf ... I cannot see that anymore ... much more efficient that way ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #474,507
  • Jun 28, 2011 12:07pm Jun 28, 2011 12:07pm
All points true. I can't contradict a single one of them.

<<trading is a lot harder than any other task i have set my hands onto in my whole life.>>

Same here. And I did do some really tough things in my life. This one is no match.

Quoting wannaberich
just so that you get my message right i am not trying to discourage u.

trading is a lot harder than any other task i have set my hands onto in my whole life. it's harder and it takes longer.

i remember there was some kind of vote on how long it took to be a consistently profitable trader. many said more than 5 years. i thought that was completely stupid. at the time i was pretty sure i would be "there" in a year or so. just had a couple of psychological aspects to take care of. this was (more or less) 4 years ago. i am still here learning....
  • #474,508
  • Jun 28, 2011 12:07pm Jun 28, 2011 12:07pm
[quote=Dr.Zain;4733575]
Quoting wannaberich
1 year??!?!?!?!

guess i am much dumber than most....
Thanks
That is unlikely to be true. You are probably no worse than as naive as we all were when we first came to the markets, believing that it would go our way and so there was no reason to put any effort or care into putting contingencies in place for the times when -not IF- it does not go our way.

But naive you almost certainly are. Fortunately, that is easily changed, but not without commitment and study.

Good luck.
  • #474,509
  • Jun 28, 2011 12:07pm Jun 28, 2011 12:07pm
4328 next 10 minutes
Founder of Sutherland Wave Principle
  • #474,510
  • Jun 28, 2011 12:07pm Jun 28, 2011 12:07pm
Trying a short here for 1,4330...covering my longs at the same time..let's see
COT: The precious data ignored
  • #474,511
  • Jun 28, 2011 12:07pm Jun 28, 2011 12:07pm
Needs a big spike north to keep the 1min 200Ma at bay. Wonder will we get it
Disclaimer: Check your 1m charts
  • #474,512
  • Jun 28, 2011 12:08pm Jun 28, 2011 12:08pm
Quoting OldQuant
I really don't think that's true. Just look at the response to the trader yesterday who said he was going to quit the markets as a failure. Just the contrary happened.

The reason why people came down on this guy is he came saying he'd bought, and indicated that he had had no idea why he was long or had any stops or money management or plan for what to do if it went against him. And that does annoy a lot of people who spend hours of their days doing all of those things.

And now, because the market turned around, he comes back and says he...
I just glanced at his posts (Dr. Zain, that is) and I can't get rid of the impression that he knows the answers to the questions taken. I'm paranoid, so I constantly think that this might be a second account of a well-known persona non grata around here.
  • #474,513
  • Jun 28, 2011 12:09pm Jun 28, 2011 12:09pm
Quoting Gleneagles
Right...like pointing to the high/low on the chart and casually mentioning...."wow that was a good place to buy/sell" ....
then you start wondering whether the blood will stain the carpet
*looks around, if she is somewhere near*

so true, glen.
  • #474,514
  • Jun 28, 2011 12:10pm Jun 28, 2011 12:10pm
Quoting kuroro001
Trying a short here for 1,4330...covering my longs at the same time..let's see
It will go up man.... 4340.... almost same scenario as yesterday.
  • #474,515
  • Jun 28, 2011 12:11pm Jun 28, 2011 12:11pm
Quoting FibbinArchie
I think the point he was trying to make is that if you feel the need to ask others' advice on your position management, then it is not wise for you to be risking real money in the markets...

also, all plays are probability based and none of us can see into the future, not even central banks as george soros has proved...
Yeh
you are right
one have to plane his trade and asking opinion is not bad idia
Thanks
  • #474,516
  • Jun 28, 2011 12:13pm Jun 28, 2011 12:13pm
Quoting mercy seat
Just a well meant hint ...

Switch that meat puppet off ...

Put him on IGGY POP ...

And you will have much more fun ...

Safer surf ... I cannot see that anymore ... much more efficient that way ...
Jawol...

Always a pleasure, mercy.

See that stick is still firmly lodged up your arse.

palim palim
  • #474,517
  • Jun 28, 2011 12:14pm Jun 28, 2011 12:14pm
Can someone please let me know at what time is the Greek vote Tomorrow?

Thanks,

W
  • #474,518
  • Edited 12:29pm Jun 28, 2011 12:14pm | Edited 12:29pm
This day sure is beginning to look a lot like yesterday. Only it started a little higher and the handle is two bigger.

EDIT: Attila already said it just above me. Change my post to "I agree with Attila."
  • #474,519
  • Jun 28, 2011 12:15pm Jun 28, 2011 12:15pm
Quoting sisse
Went in coma after the break and London intraday took profit on the highs...looks difficult for today still Trichet in a whatever conference there that can always say something (I doubt), the typical anarchist making a war zone out of Athens (just for the photos tomorrow in the media so no news).

So stock markets in the driver seat is probably the best option for a another move today (i.e. ES breaking 1290) ... good luck

sisse

Sisse,
the more violence on Greece is confirm for tomorrow (got some tweet as Protestors starting to light fires in Athens, violence brimming. If protests are like this today, I envision they will be worse tomorrow.) the breach of 1285.7x area has open the door to 1293 where 1290 will be near terms resistance.......... (so eyes on how it plays).............

Thanks for your valuable input.......
  • #474,520
  • Jun 28, 2011 12:15pm Jun 28, 2011 12:15pm
[quote=wannaberich;4733602]and still not "there"...

but then again, maybe i am just dumber (or more stubborn) than most...




how many hours a day do you chart watch wbr?
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