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  • #477,381
  • Jun 30, 2011 5:57pm Jun 30, 2011 5:57pm
Quoting Venice
If I could turn all that crap off I would. Pips, dollars, it doesn't matter. I would love just seeing entry/exit.
I have never really cared for money. Of course I'd love to have 100k, but I don't get hysterical. I'm a bit nonchalant or looks like I don't care. If you care too less, then you loose it as well But excitement doesn't change with size of account. When trades are larger, planning does get better a little.

ontopic: no signs yet of China buying

@Larseg, of course no one really cares about people in Greece. As long as they pay interest and there is no hysterical bank run or defaulting, everything is fine. Till it is not fine anymore (but let the market tell you that ;-)
  • #477,382
  • Jun 30, 2011 5:58pm Jun 30, 2011 5:58pm
Quoting cloggie
My account balance.
lol ya me too... its been a good week...
  • #477,383
  • Jun 30, 2011 5:59pm Jun 30, 2011 5:59pm
PTL and i were killin it
  • #477,384
  • Jun 30, 2011 6:00pm Jun 30, 2011 6:00pm
Quoting FibbinArchie
getting to that stage where you can say, yeah that was actually a well managed trade, even though you may have taken a small loss on it..
It's not uncommon for my losses to be around the 20-50 pip range... but, daily chart and all. With that being said, the daily chart rarely leads me astray. I think I made note last night or a few nights ago my one and only loss on my swing account (for this year; very little draw down etc that was not beyond expectations or probabilities) was on a swissy long back in May that decided to fake and shake on the daily. Took a 40 pip hit, reversed positions that same night, because, low and behold, the same signal that said I was wrong, was the signal for a short... (Makes sense, right?). Ended up taking my 40 pips back + an extra 250 or so over the next few days.
  • #477,385
  • Jun 30, 2011 6:01pm Jun 30, 2011 6:01pm
Today squeeze flush on the menu in some people will understand what i mean some dont and never will.
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  • #477,386
  • Jun 30, 2011 6:01pm Jun 30, 2011 6:01pm
Quoting cloggie
It is all about trying to figure out what the herd is looking at, what do the big boys see, what do they respond to and why. MT4 has 1,000's of indicators, bells and whistles that none of the traders that really matter have.

You are more of a PA trader, that is a great start. Breakouts are very powerful, I mentioned bo trades a few times today, it keeps you out of the mess and you only enter in the right direction, the problem as you mentioned is the fake 'n shake, I discussed one today around the 79 mark for 95, have a look again.
..i cover some pairs like e/u for as far back as 2000...looking at h4 and h1 charts..looking at prices...s&R...and some fibs especially on the h4...marking the prices...all the way till now..its tidious and very demanding...but its my job. most of these indicators and lines are really just that..indicators!...and its magical how the figures keep recycling and sometimes its pure deja vu, but i noticed something you said about MT4 TFs being 'crap', although i focus on price and have some solid screen time (collected over abt 3.5yrs) its in many ways based on MT4 charts...how can i make this better...because am still far from perfect...

As usuall, thanks for the insights, its nice that you choose to better others...and much respect to you!
Guard your pips jelously
  • #477,387
  • Jun 30, 2011 6:02pm Jun 30, 2011 6:02pm
Quoting Mr. Aldi
Problems cleared for now. Summer time. So BO from triangle and after reaching target of bottom SHS (4600). I say around 1.5000 then.
I'm actually little surprised that political decisions brought us 1.4500+ while riots at the street (the people who have to deal with the political decisions) are exploding.
Accepting and dealing with less welfare is not easy and I wonder if the "Yes-Yes" is not more getting the money and support in, before the disaster will be seen.....
Don't be a hero. Don't have an ego. Always question yourself
  • #477,388
  • Jun 30, 2011 6:03pm Jun 30, 2011 6:03pm
Quoting cloggie
My account balance.
Price = the amount a greater fool is willing to pay!
  • #477,389
  • Jun 30, 2011 6:04pm Jun 30, 2011 6:04pm
Quoting Mr. Aldi
I have never really cared for money. Of course I'd love to have 100k, but I don't get hysterical. I'm a bit nonchalant or looks like I don't care. If you care too less, then you loose it as well But excitement doesn't change with size of account. When trades are larger, planning does get better a little.

ontopic: no signs yet of China buying

@Larseg, of course no one really cares about people in Greece. As long as they pay interest and there is no hysterical bank run or defaulting, everything is fine. Till it is not fine...

I think Forex traders care less but I trade stocks also where the time frame is multiplied several times, I think the aftermath might show up, but when is the big one...

Not sure how to see it so I might leave it...
  • #477,390
  • Jun 30, 2011 6:04pm Jun 30, 2011 6:04pm
Quoting ingmarforex
Today squeeze flush on the menu in some people will understand what i mean some dont and never will.
What a 666th post
  • #477,391
  • Jun 30, 2011 6:04pm Jun 30, 2011 6:04pm
Quoting Venice
It's not uncommon for my losses to be around the 20-50 pip range... but, daily chart and all. With that being said, the daily chart rarely leads me astray. I think I made note last night or a few nights ago my one and only loss on my swing account (for this year; very little draw down etc) was on a swissy long back in May that decided to fake and shake on the daily. Took a 40 pip hit, reversed positions that same night, because, low and behold, the same signal that said I was wrong, was the signal for a short... (Makes sense, right?). Ended up taking...
asia pre-market seems pretty subdued so far, may just bank some sleep instead, giving it another hour..
  • #477,392
  • Jun 30, 2011 6:05pm Jun 30, 2011 6:05pm
Just found out that a new Muppets movie is in the making right now, fabulous. Best news I heard all year.
  • #477,393
  • Jun 30, 2011 6:06pm Jun 30, 2011 6:06pm
Quoting cloggie
Just found out that a new Muppets movie is in the making right now, fabulous. Best news I heard all year.
Ohhhhh cloggie...
  • #477,394
  • Jun 30, 2011 6:06pm Jun 30, 2011 6:06pm
Quoting FibbinArchie
asia pre-market seems pretty subdued so far, may just bank some sleep instead, giving it another hour..

Probably a good idea,
  • #477,395
  • Jun 30, 2011 6:08pm Jun 30, 2011 6:08pm
Quoting cloggie
Just found out that a new Muppets movie is in the making right now, fabulous. Best news I heard all year.
They should make an episode or put it in the movie "how the muppets are trying to trade FX"

LOL

funny funny day
Price = the amount a greater fool is willing to pay!
  • #477,396
  • Jun 30, 2011 6:08pm Jun 30, 2011 6:08pm
I am done for the night, noted the roll here and am ready for another day tomorrow.

Take care y'all, today was a good day on the thread and we collectively kept everyone here on the right side of the trend today and we actually had no muppet calls countering an obvious intraday direction. We took it all the way from the bottom to the top.
  • #477,397
  • Jun 30, 2011 6:08pm Jun 30, 2011 6:08pm
Quoting FibbinArchie
asia pre-market seems pretty subdued so far, may just bank some sleep instead, giving it another hour..
probably a better idea. I've got no new trades for the night, and banked my swissy long from yesterday up around the R3 early today. Probably call it a month with the Holiday and what not coming up.

Time for a lager me thinks.
  • #477,398
  • Jun 30, 2011 6:09pm Jun 30, 2011 6:09pm
Quoting Larseg
I think Forex traders care less but I trade stocks also where the time frame is multiplied several times, I think the aftermath might show up, but when is the big one...

Not sure how to see it so I might leave it...
I understand. Prev year just before my vacation, I bought S&P future @ 1007. It dipped to 1003 in Asia session. Sold it somewhere at 1017 and didn't do much after that as I was to leave soon. Went to 1030 and gave me possible re-entry @ 1020, but didn't take it. While I knew big up could come and might have picked the bottom (everybody was talking double dip)...

Only with euro @ 1.18, the situation is similar. But no-one holds EU positions like a stock...
  • #477,399
  • Jun 30, 2011 6:10pm Jun 30, 2011 6:10pm
Quoting cloggie
I am done for the night, noted the roll here and am ready for another day tomorrow.

Take care y'all, today was a good day on the thread and we collectively kept everyone here on the right side of the trend today and we actually had no muppet calls countering an obvious intraday direction.
Watching rejection @ roll here as well and seeing where Asian session closed...thinking that we head back there before a true test of daily roll and we could just see some weakness into the weekend...

Later C...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #477,400
  • Jun 30, 2011 6:10pm Jun 30, 2011 6:10pm
free from mupperdom i guess
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