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Trades based on Market Geometry and Price Action

  • #2,021
  • Jul 12, 2011 5:23pm Jul 12, 2011 5:23pm
don't bother yourself..it will go down...
  • #2,022
  • Jul 12, 2011 9:07pm Jul 12, 2011 9:07pm
went long on gb au
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  • #2,023
  • Jul 12, 2011 10:04pm Jul 12, 2011 10:04pm
short au nz
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  • #2,024
  • Jul 12, 2011 10:15pm Jul 12, 2011 10:15pm
just closed the chf/yen ...the market made a strong fakey on 4hr...by the way, i will put this pair on my shit list for a couple time
  • #2,025
  • Jul 12, 2011 10:17pm Jul 12, 2011 10:17pm
The retracement started. Had a long in eurusd, audusd and gbpusd. If there is indeed a retracement, I tink it gonna be a huge one. But let's see
  • #2,026
  • Jul 12, 2011 10:19pm Jul 12, 2011 10:19pm
Quoting dailyking
just closed the chf/yen ...the market made a strong fakey on 4hr...by the way, i will put this pair on my shit list for a couple time
Haha chill dk. U never know. It might just turn down anytime soon
  • #2,027
  • Jul 12, 2011 11:04pm Jul 12, 2011 11:04pm
Quoting edwinsieng
Haha chill dk. U never know. It might just turn down anytime soon
when your method tells you to close the trade after x amount of time if it hasnt moved x amount then by all means, but my system is tellin me to hang onto the ch jp trades, i could lose, but thats what following a method is all about
  • #2,028
  • Jul 12, 2011 11:12pm Jul 12, 2011 11:12pm
Haha what I meant was dk sounded really pissed with this pair. Just trying to cool him off. I had my position out when it hit 95 on that fakey. Prefer to concentrate in my three favorite pairs
  • #2,029
  • Jul 12, 2011 11:12pm Jul 12, 2011 11:12pm
mine is telling me to close the trade because of some warning signals...
  • #2,030
  • Jul 12, 2011 11:28pm Jul 12, 2011 11:28pm
Quoting edwinsieng
Haha what I meant was dk sounded really pissed with this pair. Just trying to cool him off. I had my position out when it hit 95 on that fakey. Prefer to concentrate in my three favorite pairs
yeh im just bored and sharing my thoughts
  • #2,031
  • Jul 12, 2011 11:42pm Jul 12, 2011 11:42pm
this pair is getting shittt.....
  • #2,032
  • Jul 12, 2011 11:46pm Jul 12, 2011 11:46pm
closed it. had a rough week, need some real good trades.
  • #2,033
  • Jul 12, 2011 11:49pm Jul 12, 2011 11:49pm
I am starting to think so too DK .
Have lost too much on this cheesie sushi rolls on H4 fake divergence from a while ago .
Got to kick this pair of the cliff singing Yodel.
Well if it has some balls to climb up the cliff then I shall kick her off again .
  • #2,034
  • Jul 12, 2011 11:51pm Jul 12, 2011 11:51pm
in my shit list now...
  • #2,035
  • Jul 12, 2011 11:58pm Jul 12, 2011 11:58pm
Haha the market is still showing me retracement for audusd gbpusd and eurusd. Hopeful of a nice movements in a 2 hours to come
  • #2,036
  • Jul 13, 2011 1:27am Jul 13, 2011 1:27am
Quoting sugarbelly
closed it. had a rough week, need some real good trades.
closed it too.....
  • #2,037
  • Jul 13, 2011 1:37am Jul 13, 2011 1:37am
Only lost about half my account this week, i think i will stick to only one system.
  • #2,038
  • Jul 13, 2011 2:01am Jul 13, 2011 2:01am
Quoting sugarbelly
Only lost about half my account this week, i think i will stick to only one system.
only? if i lost half my account i would have to go buy 2 packs of smokes...just for the nite lol
  • #2,039
  • Jul 13, 2011 2:07am Jul 13, 2011 2:07am
Quoting sugarbelly
Only lost about half my account this week, i think i will stick to only one system.
you lost half of the whole acount?? really!?
Not that big but I lost too much too .
This market is violent . I miss those no brainer trades
  • #2,040
  • Jul 13, 2011 2:21am Jul 13, 2011 2:21am
My 3 trades are flying again!! Sugar. Try to control ur risk management. I went to loss 85% of my account before when I just started trading forex. It is darnnnnn hard pulling it back. I am about 66% loss of my initial account now and it is killing me. This approx 20% of recovery is about 150% of gains based on my account balance as of 85% down. U feel the 50% now. Just dun feel it any further anymore. I couldn't get myself any peace with the 85% loss and revenge trades thought kept coming. I guess I really learnt alot at that point of time
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