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  • #488,041
  • Jul 13, 2011 4:53am Jul 13, 2011 4:53am
Quoting IMARICH1
cloggie,

did you see my recent post?

Thanks again...i just adjusted with your last posts!

At least this tells me I'm getting closer.....

Yeah I did, figured me answering the other dude, took care of yours too. Just take it easy a bit here at 4100. We are 3 pips away from the topside target I had in mind in my earlier post from this morning (the 10 day ADR) 58 is still technically feasible and I don't see any shorts just yet. Don't leave profit in the market, it does you way more good in your account..... you can always load back up once 4100 is decided in your favour.
  • #488,042
  • Jul 13, 2011 4:54am Jul 13, 2011 4:54am
hello guys...long closed 92+
now looking to load shorts...
38.2 retracement here....
Patience, Emotion Control and Discipline.
  • #488,043
  • Jul 13, 2011 4:54am Jul 13, 2011 4:54am
Quoting Raza
its called Gambling Cloogie..

Here is the biggest WTF ever....

Possibility....

Who the F@@ would had thunk...

All it needs is a bit of environmental and fundie (EFSF/QE) help and your chart is very possible.
  • #488,044
  • Jul 13, 2011 4:55am Jul 13, 2011 4:55am
positions set now watch hr close for fireworks
If you are new to Forex? Say Goodbye to your account!!
  • #488,045
  • Jul 13, 2011 4:56am Jul 13, 2011 4:56am
Quoting mohan76
i know my sl is bit wide 7 + spread(3), tp 10,20 , i move move sl to +0.1 on tp 4 pip, i made mistake and try fix on wrong think with other double blow. learn the lesson , bit expensive
what he's ultimately trying to say is:

stay out of small scalps, at least until you can manage to trade longer (more stable) time frames. Even then, as he's previously mentioned - scalping with spreads that wide just eats into profits - so it's pretty much pointless.

it's no race to the finish line. Take it one trade at a time and reduce your lot size so you're not freaking out everytime it goes against you
Trends, breakouts, price action.
  • #488,046
  • Jul 13, 2011 4:57am Jul 13, 2011 4:57am
cloggie,


yea it did...I just wanted you to see that I was thankful for the HINTs and how well I did with them....thanks

I have a stop in place at 4071 if she would go south on me....to lock in profits....I have a TP now at 58....
  • #488,047
  • Jul 13, 2011 4:57am Jul 13, 2011 4:57am
Quoting Raza
its called Gambling Cloogie..

Here is the biggest WTF ever....

Possibility....

Who the F@@ would had thunk...
Using Idiot Wave is gambling IMO.
  • #488,048
  • Jul 13, 2011 4:58am Jul 13, 2011 4:58am
Quoting IMARICH1
cloggie,


yea it did...I just wanted you to see that I was thankful for the HINTs and how well I did with them....thanks

I have a stop in place at 4071 if she would go south on me....to lock in profits....I have a TP now at 58....

I have been giving a little too many hints for my own liking lately, I sure do hope that you actually learn from them and try to replicate them on your own charts.
  • #488,049
  • Jul 13, 2011 4:58am Jul 13, 2011 4:58am
Quoting aizazk
what he's ultimately trying to say is:

stay out of small scalps, at least until you can manage to trade longer (more stable) time frames. Even then, as he's previously mentioned - scalping with spreads that wide just eats into profits - so it's pretty much pointless.

it's no race to the finish line. Take it one trade at a time and reduce your lot size so you're not freaking out everytime it goes against you
looks i need break , i will back ny thank you
Mohan
  • #488,050
  • Jul 13, 2011 4:59am Jul 13, 2011 4:59am
Quoting tradercnx
Using Idiot Wave is gambling IMO.
Its not that bad along with fibs....


I was referring to cloggies post above mine...
Markets are not Random, they are designed!
  • #488,051
  • Jul 13, 2011 5:00am Jul 13, 2011 5:00am
Quoting Raza
Its not that bad along with fibs....

If it looks like it and smells like it, don't go poking it.....

http://t1.gstatic.com/images?q=tbn:A...UMwPPzXg1Z5eTq
  • #488,052
  • Jul 13, 2011 5:00am Jul 13, 2011 5:00am
Quoting FishHead
Unless they're hedging like me. I still have EURUSD longs from up to 1.5 open on one account.

All I do is place limits at key fib points and let the volatility make me money. I average a steady 10-20% a week and close all trades/orders every couple months to lock in profits and so my margin doesn't get hit. The main appeal to me is no SLs, you can't lose money only taking profit. At least not in my experience, anyways.
well done...
Look Sharp/Trade Tight
  • #488,053
  • Jul 13, 2011 5:03am Jul 13, 2011 5:03am
Quoting FishHead
Unless they're hedging like me. I still have EURUSD longs from up to 1.5 open on one account.

All I do is place limits at key fib points and let the volatility make me money. I average a steady 10-20% a week and close all trades/orders every couple months to lock in profits and so my margin doesn't get hit. The main appeal to me is no SLs, you can't lose money only taking profit. At least not in my experience, anyways.
You have to position precisely....AND STAY SMALL LOTS.. with no SL.

You trading Monthly chart?////??
Markets are not Random, they are designed!
  • #488,054
  • Jul 13, 2011 5:03am Jul 13, 2011 5:03am
got out off all postions on 4106.. there will be some heavy retracement
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  • #488,055
  • Jul 13, 2011 5:06am Jul 13, 2011 5:06am
cloggie,

Absolutely...i would rather learn how to fish myself than have you bait my hook and cast it for me.

I learn when you explain why a certain level or number is impt....74 made sense when you explained how you got it.....

thanks
  • #488,056
  • Jul 13, 2011 5:06am Jul 13, 2011 5:06am
at least... I feel a biggggggggggggg muppet

Yesterday I went short, do not leave on time and let the situation get worse at today to be with 120 pips loss
Well I am convinced that this is a psychological game and not everyone has the capacity for it, damm!

after reading what you write here I do not take the bus to school...
I saw him going
  • #488,057
  • Jul 13, 2011 5:08am Jul 13, 2011 5:08am
e/u found 41 as strong resistance.
Trade what you see, Not what you think.
  • #488,058
  • Jul 13, 2011 5:10am Jul 13, 2011 5:10am
BBL, careful here at 4100, don't force a trade, let the price show you, unless you are in one, then protect your profits.
  • #488,059
  • Jul 13, 2011 5:10am Jul 13, 2011 5:10am
Quoting khizer
e/u found 41 as strong resistance.
too soon to say it's strong. there may be hints of a strong one if it rips through 89/90
Trends, breakouts, price action.
  • #488,060
  • Jul 13, 2011 5:10am Jul 13, 2011 5:10am
Quoting aizazk
Anyone wanna share their next few resistance levels? (and no i'm not talking about M1/M5 charts). I have some fib levels - 38.2% 1.41197 and 50% at 1.42075 areas + some resistance around 1.41642

mine is at the blue line..
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