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  • #493,261
  • Jul 19, 2011 6:41am Jul 19, 2011 6:41am
Quoting deathgod_ir
Hi
today you might have a jackpot cloggie , but becarefull about upcoming news , i have right now two positions on this chart , a buy from yesterday , and a sell for today . One of them will lead me to my targets .
The possibility of a downtrend is not low . Be cautious for the next two h1 candles .
I would love to add to my positions like you but i dont have any rules fot that yet . :d

You have a long and a short?

So basically you have no position.
  • #493,262
  • Jul 19, 2011 6:42am Jul 19, 2011 6:42am
depends on the timeframe you are using Raj
HK
Quoting raj23
R we in uptrend or downtrend??
where the markets are heading to?
  • #493,263
  • Jul 19, 2011 6:45am Jul 19, 2011 6:45am
Quoting Hawk2
You have a long and a short?

So basically you have no position.
reading what he has said thats correct. This thread is fun.

looks to be consolidating here before another lift off to those highs
which I don't want but the fact that its above 141 40 ish makes it bullish
for me unless this building permits news can spike it back down otherwise
longs is the way i see it
rat
  • #493,264
  • Jul 19, 2011 6:47am Jul 19, 2011 6:47am
Hi hawk2
no its not like that , i have a long one @ 1.4072 and a short @ 1.4166 , its in order to secure my profit from change of direction , and also i can add to each of them when the time comes and one of them gets closed . I have a soffisticated system based on markets structure , and its always protects me and my profit . :d
  • #493,265
  • Jul 19, 2011 6:50am Jul 19, 2011 6:50am
Quoting cloggie
Nice. I had tp 65 for the night. Eventually sat out the down before Frankie open :-/

Playing a bit too much 'death or the gladiolus' maybe
  • #493,266
  • Jul 19, 2011 6:51am Jul 19, 2011 6:51am
Hi rattyo , the point to consider is , we are not the one to choose trends direction , but we can place our bets in potential places for trends change of direction .
I just place my bets where my system says that has the most possible chance to change the direction of movements , and based on that i can add , close to my positions , through this proccess i can gain most of the pips during movements . ^_^
  • #493,267
  • Jul 19, 2011 6:52am Jul 19, 2011 6:52am
Quoting deathgod_ir
Hi hawk2
no its not like that , i have a long one @ 1.4072 and a short @ 1.4166 , its in order to secure my profit from change of direction , and also i can add to each of them when the time comes and one of them gets closed . I have a soffisticated system based on markets structure , and its always protects me and my profit . :d

It sure sounds soffisticated! [sic]
  • #493,268
  • Jul 19, 2011 6:54am Jul 19, 2011 6:54am
Still on hold till the result of upcoming news be seen .

Hope you guys all make money . ^_^
  • #493,269
  • Jul 19, 2011 6:55am Jul 19, 2011 6:55am
Quoting deathgod_ir
Hi hawk2
no its not like that , i have a long one @ 1.4072 and a short @ 1.4166 , its in order to secure my profit from change of direction , and also i can add to each of them when the time comes and one of them gets closed . I have a soffisticated system based on markets structure , and its always protects me and my profit . :d

Ah, I see you are from Iran, so I won't be a smartass, so FYI the word is spelled sophisticated. (my arabic studies were long and not easy. Japanese was easier as I was much younger)

Good luck with that system. Would be interested in reading about it if there is anything in print. Buying insurance on positions is an accepted form of money management. Just haven't seen anything that suits my trading.
  • #493,270
  • Jul 19, 2011 7:00am Jul 19, 2011 7:00am
Would love to share my system , but im not allowed and its not printed.
But im trying to create a new one , and i would love to have companions to perfect it .
  • #493,271
  • Jul 19, 2011 7:06am Jul 19, 2011 7:06am
Quoting chazzle
m15 - bust out of that little channel - friday close still beckons though imo
close enough - long scalp from the tl in case it holds
Attached Image (click to enlarge)
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  • #493,272
  • Jul 19, 2011 7:09am Jul 19, 2011 7:09am
Quoting Wulfgar
Paging Venice and His Bull weekly candle in 3.....2......1......
hah... I was asleep.
  • #493,273
  • Jul 19, 2011 7:09am Jul 19, 2011 7:09am
Well now Goldman comes out with disappointing earnings and that puts a damper on the futures. Will this be enough for NY to go negative, thus bringing EU down? I don't know, but it is something to keep in mind. As soon as the earnings came out, we dipped lower in EU.
Still trying to get some color for today.
  • #493,274
  • Jul 19, 2011 7:10am Jul 19, 2011 7:10am
why have all the pairs become so rangy and consolidated? are they waiting for the CAD news or does this have more to do with the news in UK going on right now?
  • #493,275
  • Jul 19, 2011 7:13am Jul 19, 2011 7:13am
Quoting red2010
why have all the pairs become so rangy and consolidated? are they waiting for the CAD news or does this have more to do with the news in UK going on right now?
No it's because they all got together and decided they were going to annoy trend traders. I believe it's all a conspiracy against me personally.

Seriously it's just the way things are right now, markets are trying to decide whether they like the spoonfuls of rubbish they keep being given or not.
I operate with clear definite rules, if I break them I lose BIG!
  • #493,276
  • Jul 19, 2011 7:13am Jul 19, 2011 7:13am
Quoting KiwiTrada
eu 4211 close 1/3 4181 30+ BE
about bloody time lol

eu 4211 tp 4161 2/3 50+ last 1/3 leaving BE

coffee time, back see what usa give
If you are new to Forex? Say Goodbye to your account!!
  • #493,277
  • Jul 19, 2011 7:16am Jul 19, 2011 7:16am
Quoting deathgod_ir
Hi hawk2
no its not like that , i have a long one @ 1.4072 and a short @ 1.4166 , its in order to secure my profit from change of direction , and also i can add to each of them when the time comes and one of them gets closed . I have a soffisticated system based on markets structure , and its always protects me and my profit . :d
I might say I see an uptrend for now. Could you please tell us about this your sophisticated system...thanks.

Just my own simple opinion. In life, nothing is sure and so is price action.
Don't just beat the markets, leave bruises.
  • #493,278
  • Jul 19, 2011 7:16am Jul 19, 2011 7:16am
Quoting red2010
why have all the pairs become so rangy and consolidated? are they waiting for the CAD news or does this have more to do with the news in UK going on right now?
its seasonal happens summer times
rat
  • #493,279
  • Jul 19, 2011 7:20am Jul 19, 2011 7:20am
Thanks to GS we got a deeper backtest and built a small bullish wedge on m5

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  • #493,280
  • Jul 19, 2011 7:20am Jul 19, 2011 7:20am
Quoting cloggie
ema?
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