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EURUSD

  • #501,321
  • Jul 27, 2011 12:04pm Jul 27, 2011 12:04pm
Quoting aldialdi88
..you cant really loose...

No, but you will lose.
  • #501,322
  • Jul 27, 2011 12:04pm Jul 27, 2011 12:04pm
Quoting Purger
I suppose it's like asking how many stars are in the sky LOL.
If you really want to do it you can have many many accounts, and there is software that would enable you to trade from a single interface (not money manager type where the same trade is assigned to ALL accounts at once).... There are ways to do it. FIFO is the killer though...
  • #501,323
  • Jul 27, 2011 12:05pm Jul 27, 2011 12:05pm
Quoting aldialdi88
if its going up..and continues to break those levels...scale in

Why didn't any of the pros think of that in the last 100 years, ah wait, they did briefly and saw it as a guaranteed losing proposition, so why bother.
  • #501,324
  • Jul 27, 2011 12:06pm Jul 27, 2011 12:06pm
Quoting cloggie
No, but you will lose.
Ok I ll take your word...wrong strategy then
  • #501,325
  • Jul 27, 2011 12:10pm Jul 27, 2011 12:10pm
Quoting kenfen69
Hello my friend,

On the charts I have posted tonight, they would have just been mental stops. I had a very clear image in my mind on how I expected the trades to go. Both trades and pairs also had a recent high just printed, and were starting to retrace. Anything above those recent highs, and I would have been quick to pull the plug. EU also has a weekly fib extension just above the recent print high that it seemed to back off without touching. That was pretty much my ultimate stop. On the Aussie trade...the recent high + a couple would have...
Thanks for your reply mate

i will continue my practice according Magix teachings as it has helped me a lot gaining confidence & pips too. Scalping at BE policy is best for me according my current level & i'll trade when the market will play with my rules

Thanks & Regards
Hope
  • #501,326
  • Jul 27, 2011 12:10pm Jul 27, 2011 12:10pm
Quoting r_jains
Bang on Target- Euro at 1.4337, Can anyone beat this..
barely
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #501,327
  • Jul 27, 2011 12:13pm Jul 27, 2011 12:13pm
Quoting gatorinla
barely
HA ... AND you cheated off the dumb guy ..
I gotta dollar .. I gotta dollar .. I gotta dollar .. HEY HEY HEY HEY
  • #501,328
  • Jul 27, 2011 12:13pm Jul 27, 2011 12:13pm
Quoting gatorinla
barely
just a couple a year you say....
Look Sharp/Trade Tight
  • #501,329
  • Jul 27, 2011 12:14pm Jul 27, 2011 12:14pm
Quoting aldialdi88
I am planning to open another account...one go long...one go short...scale in scale out...you cant really loose...
bs
those who can, do. those who cant, talk about those who can
  • #501,330
  • Jul 27, 2011 12:14pm Jul 27, 2011 12:14pm
Quoting Piters
the Up move is overdue for a good retracement on higher TF's..
the levels im watching [for a bounce] are 4300-4280 and of course if broken then 4200-4180..

Really depends of the momentum and Fundies [news at that moment]
the very next thing then is the intensity of the bounce.. I dont want to predict anything.. as we all know.. the markets are messy at this moment.. but I'll run any swing from my 15min to 4h charts..
Hi Piters,

been very busy today. So only a quick and dirty EW analysis:

5 and 30min TF suggests, that we have seen a wave 3. The recent wave 4 should reach territory around 4385. 4404 would be nice too.

The start of the whole move down is hard to count, many overlapping waves.

Could be a series of 1-2's or a leading diagonal (depends on TF of analysis).

Have to research it more......, so more later.

Best to all of you,


Markus
  • #501,331
  • Jul 27, 2011 12:15pm Jul 27, 2011 12:15pm
Quoting attila
As of now, I'm holding shorts and slowly starting to add longs all the way to 4450ishhhh. I have more shorts than longs ATM but as/if the move continues up they will be overtaken by longs... I know I'm crazy but this mad way of trading works for me.
I wish I could trade like that easily with Oanda, it's like putting a straddle on it until one is real confident about the direction.
  • #501,332
  • Jul 27, 2011 12:16pm Jul 27, 2011 12:16pm
Quoting gatorinla
barely
excelent job
  • #501,333
  • Jul 27, 2011 12:16pm Jul 27, 2011 12:16pm
Quoting Purger
I suppose it's like asking how many stars are in the sky LOL.
Technically there are 0 stars in the sky.

There is, however, an arseload in space, the galaxy and the universe.
  • #501,334
  • Jul 27, 2011 12:17pm Jul 27, 2011 12:17pm
have taken small longs on the euro and eurcad based on Control bars...euro has sl at 4310...expect a small bounce atleast if not more....pound should be heading to 6270...
  • #501,335
  • Jul 27, 2011 12:19pm Jul 27, 2011 12:19pm
Quoting gatorinla
if its gonna bounce now is the time. if not,, cya... just a little better then half way on the 4h
On my H4 USDX Gartley also the same, but on daily and weekly they are bearish, what is a correct target to look for (if the Gartley is bearish), many thanks.
  • #501,336
  • Jul 27, 2011 12:21pm Jul 27, 2011 12:21pm
Few scalps to pay the bills (PTB )!

Busy day ahead for me...hope all are green!

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  • #501,337
  • Jul 27, 2011 12:22pm Jul 27, 2011 12:22pm
should start getting interesting
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  • #501,338
  • Jul 27, 2011 12:22pm Jul 27, 2011 12:22pm
Quoting gatorinla
barely
Glad you're still holding, G-man!

Full boat...aka...retirement fund?
  • #501,339
  • Jul 27, 2011 12:23pm Jul 27, 2011 12:23pm
Quoting TheGamer
Thanks for your reply mate

i will continue my practice according Magix teachings as it has helped me a lot gaining confidence & pips too. Scalping at BE policy is best for me according my current level & i'll trade when the market will play with my rules

Thanks & Regards
Nice one, mate!

Stick with Mag...he knows the score!

Green pips.
  • #501,340
  • Jul 27, 2011 12:24pm Jul 27, 2011 12:24pm
Quoting Fx93
I wish I could trade like that easily with Oanda, it's like putting a straddle on it until one is real confident about the direction.
you can do this, open a sub account..
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