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  • #505,301
  • Aug 1, 2011 10:01am Aug 1, 2011 10:01am
Quoting PayTheLimit
done...
remember TARP??
and market sinking as a pressure on senate ???

THIS IS .............Episode #2
  • #505,302
  • Aug 1, 2011 10:01am Aug 1, 2011 10:01am
Are you ready to see a 450 pips daily candle?

Can we see 1.4000 Today?

LONGS!!
  • #505,303
  • Aug 1, 2011 10:02am Aug 1, 2011 10:02am
Quoting Venice
Hmm... who was calling 4444 last night? attila?

Guess I should have not counted on 4420 again, it was completely ignored on the last down move, not sure why I it would care on the way up. My 4240 level isn't so easily obeyed when there isn't crap news to propel this against it.

What was the "Trigger" for this though? Fundie?
yeah, my longs were taken out, shorts too (duh...lol). Now I'm just watching my shorts from the 19th being only 140 pips underwater. yeeeeyyyy.

all good. about 2200 green pips from the 19th.
  • #505,304
  • Aug 1, 2011 10:02am Aug 1, 2011 10:02am
Quoting PayTheLimit
and done on the rest...
drinks on you
  • #505,305
  • Aug 1, 2011 10:02am Aug 1, 2011 10:02am
Quoting forex1962
Best advice anyone ever gave me was from Cloggie, trade PA work out your own strategy and don't listen to anyone else, ever since I did that I've been in profit every week (not always a lot, but still +).
Oh & chuck out the indis, maybe use just 1 momentum.
You know what, I was so sure both GBP/USD and EUR/USD would drop today, put in my orders for both short from 1.6450 and 1.4400. Gave myself a large SL because my entry wasn't going to be that accurate...

Then sat reading this thread getting slowly more psyched out by the guys going long. Ended up closing EU/USD for a small loss, GBP/USD for a small profit, and missing about 200 pips on each.

Moral of the story, don't listen to someone trading on a different time frame, in fact, better not to listen to anything except the plan you made BEFORE you entered the trade

Lesson learned, today was my first day of actually planning a trade over the weekend, and placing a trade with the full 2% risk. Before now it's been demo and micro lots. Obviously I've still got some psychological hangups, but my analysis is spot on
"Don't Panic..."
  • #505,306
  • Aug 1, 2011 10:03am Aug 1, 2011 10:03am
Quoting BoredToLoose
Are you ready to see a 450 pips daily candle?

Can we see 1.4000 Today?

LONGS!!
take a look at gbpchf
big numbers are our friends...
  • #505,307
  • Aug 1, 2011 10:03am Aug 1, 2011 10:03am
Quoting PayTheLimit
PTL 3, Bastards 2....apparently there was still time on the clock...
PTL 5, Bastards 2...final


good luck on the rest of the trip, going for a stiff drink..bbl...
Look Sharp/Trade Tight
  • #505,308
  • Aug 1, 2011 10:04am Aug 1, 2011 10:04am
Quoting attila
yeah, my longs were taken out, shorts too (duh...lol). Now I'm just watching my shorts from the 19th being only 140 pips underwater. yeeeeyyyy.

all good. about 2200 green pips from the 19th.
Good stuff man... I love your trading style... I'm not sure i'd ever be able to do it... but hell, we are both making pips and that is all that matters!
  • #505,309
  • Aug 1, 2011 10:04am Aug 1, 2011 10:04am
Quoting darimik
drinks on you
for sure, I'll be at the bar...
Look Sharp/Trade Tight
  • #505,310
  • Aug 1, 2011 10:04am Aug 1, 2011 10:04am
Quoting darimik
I have 4160.. thought it was a stretch still a few miles to go, but its really sending a message no matter what though, that 1h bar looks great
I have this too ,I will close my last lot ,if we get there)
  • #505,311
  • Aug 1, 2011 10:05am Aug 1, 2011 10:05am
Had meetings this morn......man....looks like lower.....weeee
  • #505,312
  • Aug 1, 2011 10:06am Aug 1, 2011 10:06am
Quoting attila
yeah, my longs were taken out, shorts too (duh...lol). Now I'm just watching my shorts from the 19th being only 140 pips underwater. yeeeeyyyy.

all good. about 2200 green pips from the 19th.
Great job!
  • #505,313
  • Aug 1, 2011 10:06am Aug 1, 2011 10:06am
Quoting Venice
Good stuff man... I love your trading style... I'm not sure i'd ever be able to do it... but hell, we are both making pips and that is all that matters!
What I'm doing is Not recommended. To be honest I was not expecting this huge drop today and I was getting ready to start working on getting out of those shorts.....

I said before. My entire way of life is designed around not using S/L.... Not for beginners...
  • #505,314
  • Aug 1, 2011 10:07am Aug 1, 2011 10:07am
Quoting attila
What I'm doing is Not recommended. To be honest I was not expecting this huge drop today and I was getting ready to start working on getting out of those shorts.....
What spooked the sell off? Just the vote?
  • #505,315
  • Aug 1, 2011 10:08am Aug 1, 2011 10:08am
Quoting attila
What I'm doing is Not recommended. To be honest I was not expecting this huge drop today and I was getting ready to start working on getting out of those shorts.....
I wasn't expecting this huge drop (we can never really tell how quickly our targets are going to be met), but as noted yesterday, definitely was still bearish. I've been looking for 4140 since the 27th.

Anyone have a lower target on swissy? I'm flying blind here.
  • #505,316
  • Aug 1, 2011 10:09am Aug 1, 2011 10:09am
Quoting needpips
What spooked the sell off? Just the vote?
no vote yet.. even with the vote it still is a pile of sh*t. I would not call it "an end to the debt crisis" just yet
  • #505,317
  • Aug 1, 2011 10:09am Aug 1, 2011 10:09am
I'm not complaining had some nice shorts that worked out well.

But, what caused the EU to drop so hard? Was the last news release an excuse to push it down?
  • #505,318
  • Aug 1, 2011 10:10am Aug 1, 2011 10:10am
Quoting needpips
What spooked the sell off? Just the vote?
We can't move in one straight line... lol, were working on making the first 15m bull candle since 4444.

Edit: Or not. lol
  • #505,319
  • Aug 1, 2011 10:12am Aug 1, 2011 10:12am
Swissy, temporary bottom in place at 7740... and the way things are looking, it's not going to hold that much ground. Going to follow stops placed above each bear cluster, as I have no targets.
  • #505,320
  • Aug 1, 2011 10:13am Aug 1, 2011 10:13am
Quoting KumoDragon
I'm not complaining had some nice shorts that worked out well.

But, what caused the EU to drop so hard? Was the last news release an excuse to push it down?
Did you look at Italian and Spanish bonds ?
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