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EURUSD

  • #509,701
  • Aug 4, 2011 4:38am Aug 4, 2011 4:38am
Quoting PayTheLimit
well lets just say, I'm taking long break, I traded out of my ass so far, dont think that going to continue all day, I think a long lunch might be in order...

right on bro... i gotta get some sleep... gotta go truck shoppin tmmrw.... got an early day and its 2:30am here now
  • #509,702
  • Aug 4, 2011 4:39am Aug 4, 2011 4:39am
Quoting PayTheLimit
well lets just say, I'm taking long break, I traded out of my ass so far, dont think that going to continue all day, I think a long lunch might be in order...

okey,

later ptl
  • #509,703
  • Aug 4, 2011 4:39am Aug 4, 2011 4:39am
Quoting T.E.Lawrence
Forex is so easy to trade.
Sure, when it's trending, right. That is to say, 30% of the time. The rest of the time, it might be not so easy, at least, for most of the traders and wanna be traders...
  • #509,704
  • Aug 4, 2011 4:39am Aug 4, 2011 4:39am
Quoting Larseg
cloggie which JPY pair, sry had to focus... thought i missed something....
Traded GJ/UJ

Quoting Larseg
dax is very freaky...
All not well in euroland, who would have thunked.
  • #509,705
  • Aug 4, 2011 4:40am Aug 4, 2011 4:40am
Good night guys, got a little left on the table in case the bottom falls out.

Cheers...
  • #509,706
  • Aug 4, 2011 4:41am Aug 4, 2011 4:41am
Quoting Larseg
okey,

later ptl
you wanna know the funny thing, because of the setups, I made most of my money on the long side today, lol...what a jackass I am...
Look Sharp/Trade Tight
  • #509,707
  • Aug 4, 2011 4:42am Aug 4, 2011 4:42am
Quoting Wulfgar
right on bro... i gotta get some sleep... gotta go truck shoppin tmmrw.... got an early day and its 2:30am here now
chow brother, talk later...
Look Sharp/Trade Tight
  • #509,708
  • Aug 4, 2011 4:43am Aug 4, 2011 4:43am
1.4175 is going to be massive today. If breaks back down towards 1.38 by tomorrow (only my opinion before I get slated)
  • #509,709
  • Aug 4, 2011 4:44am Aug 4, 2011 4:44am
Are they playing hard to protect 4200
  • #509,710
  • Aug 4, 2011 4:44am Aug 4, 2011 4:44am
I keep ranting and raving about the swing low/high hourly closes, here was a great example, you might not want to bet the farm on them, but they are good to note...take it for whay you will...PTL..
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #509,711
  • Aug 4, 2011 4:45am Aug 4, 2011 4:45am
USDJPY was really good to trade in last hour... nice ups and downs.
I was long while it was bearish.

EURUSD could be very interesting for trade today...
Don't look at me I am lost too
  • #509,712
  • Aug 4, 2011 4:45am Aug 4, 2011 4:45am
Final chance to go below 4150 else 4H MACD will be positive soon.
You cannot learn better without losing
  • #509,713
  • Aug 4, 2011 4:45am Aug 4, 2011 4:45am
tweezers on M15
  • #509,714
  • Aug 4, 2011 4:47am Aug 4, 2011 4:47am
Quoting Mr Bull
Sure, when it's trending, right. That is to say, 30% of the time. The rest of the time, it might be not so easy, at least, for most of the traders and wanna be traders...

I figure a large part of trading is not so much about reading the charts under all circumstances, but rather recognising the circumstances when you cant read them and sitting it out, and only jumping in when your reasonably sure you can read them.

Of course, the better you can read, then the more oppotunities you get
  • #509,715
  • Aug 4, 2011 4:47am Aug 4, 2011 4:47am
Quoting Mr Bull
Sure, when it's trending, right. That is to say, 30% of the time. The rest of the time, it might be not so easy, at least, for most of the traders and wanna be traders...
Well, most of the time, the long awaitened 'big' moves do not happen when you enter (still don't know why, maybe I'm not important ...)

Basically before a 'big move' is going to happen, it allmost returns to almost breaking opposite ...

Trigger for that is mostly news events, important people talking, moody-simulators etc

So my basic advice is, when you are in profit, take that profit and leave some open in case all odds go with you.

In case of loss, try to limit to loss compared to your original profit plan.

Anyway, plan your sl before taking a trade and get as close to it as possible before trading. In most chances you get not to trade, but at least you did not lose the money ...
  • #509,716
  • Aug 4, 2011 4:47am Aug 4, 2011 4:47am
Quoting PayTheLimit
I keep ranting and raving about the swing low/high hourly closes, here was a great example, you might not want to bet the farm on them, but they are good to note...take it for whay you will...PTL..
nice...
  • #509,717
  • Aug 4, 2011 4:47am Aug 4, 2011 4:47am
German factory orders in 15min.. Kinda looking forward to that one.
Interest decision one hour later but prolly staying the same anyway.
  • #509,718
  • Aug 4, 2011 4:49am Aug 4, 2011 4:49am
Quoting PayTheLimit
I keep ranting and raving about the swing low/high hourly closes, here was a great example, you might not want to bet the farm on them, but they are good to note...take it for whay you will...PTL..
thank you....
  • #509,719
  • Aug 4, 2011 4:49am Aug 4, 2011 4:49am
Quoting cloggie
Traded GJ/UJ



All not well in euroland, who would have thunked.

nice, they have some serious potential if traded right... I like UJ a lot as we have less jerky movements, a more stable trend I mean
  • #509,720
  • Aug 4, 2011 4:50am Aug 4, 2011 4:50am
Quoting Robertk
German factory orders in 15min.. Kinda looking forward to that one.
Interest decision one hour later but prolly staying the same anyway.
today's ForexFactory calendar is a red bath, lol
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