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  • #519,081
  • Aug 10, 2011 6:08pm Aug 10, 2011 6:08pm
Quoting fxjawn
lol huh? did not know if you were joking or not...

always remember this can happen in several diff variations... just take a step back an look at whats going on and what you would do if you wanted all the money....

just always remember your never gonna beat em... you dont have the capital so just join em..
This game is not about beating anyone. We don't play it in the field. We only watch the play and make our bets.
  • #519,082
  • Aug 10, 2011 6:08pm Aug 10, 2011 6:08pm
Quoting buonvangvn
Account Manager
I was inspired by u this morn and scalped a 20 pip play all in.....4%

I swing for the fence here and there....
  • #519,083
  • Aug 10, 2011 6:09pm Aug 10, 2011 6:09pm
Quoting needpips
15 lots....
ok . closed +16
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  • #519,084
  • Aug 10, 2011 6:11pm Aug 10, 2011 6:11pm
Quoting fxjawn

today for exmple
we faded off the close of ny to go pick up the long stops and then headed back up to the center of the channel... now we can just watch from here to see if we head back down or do the same in reverse..

jon
I hope you mention stops from long positions, cause those are actually sell stops.
  • #519,085
  • Aug 10, 2011 6:11pm Aug 10, 2011 6:11pm
Quoting seagreen
I think the move down from late NY rally to 4123 was not only stop hunt but also some kind of pricing in of a new value (asian investors digesting ny session news), so it may continue south from here. Plus the stops above NY rally shouldn't be significant - nothing to attract price movers unless we here some good EURO news, which has low probability until European open.

it was simply an aggressive pullback at ny close to punish the ppl that went long that thought the small rally was a trend reversal... then further punish them during the asian open and make a further move down to clean out all stops and pick up orders..

just my take anyway

  • #519,086
  • Aug 10, 2011 6:13pm Aug 10, 2011 6:13pm
Somebody on this thread said once that we have to always ask this question: What will the market do in order to create maximum damage?

Quoting fxjawn

it was simply an aggressive pullback at ny close to punish the ppl that went long that thought the small rally was a trend reversal... then further punish them during the asian open and make a further move down to clean out all stops and pick up orders..

just my take anyway

  • #519,087
  • Aug 10, 2011 6:13pm Aug 10, 2011 6:13pm
Quoting seagreen
This game is not about beating anyone. We don't play it in the field. We only watch the play and make our bets.
thats why i said join em
  • #519,088
  • Aug 10, 2011 6:13pm Aug 10, 2011 6:13pm
Quoting seagreen
I hope you mention stops from long positions, cause those are actually sell stops.
i think he meant stops from longs yea
  • #519,089
  • Aug 10, 2011 6:13pm Aug 10, 2011 6:13pm
Quoting Monroe
yes i would consider it... watch 4182
Sniper!
  • #519,090
  • Aug 10, 2011 6:13pm Aug 10, 2011 6:13pm
CME is already asking for more margin on gold. When I remember what they did with silver it makes me nervous. They can't stop the trend but they can fabricate some nasty rentracement and make people lose their account. Euro will follow any gold move I think. black gold ( oil) and gold itself will set the tone for a while.
  • #519,091
  • Aug 10, 2011 6:15pm Aug 10, 2011 6:15pm
Quoting attila
Somebody on this thread said once that we have to always ask this question: What will the market do in order to create maximum damage?
right brother.....

greed and fear right
  • #519,092
  • Aug 10, 2011 6:15pm Aug 10, 2011 6:15pm
Quoting seagreen
Sniper!
grab em....
  • #519,093
  • Aug 10, 2011 6:16pm Aug 10, 2011 6:16pm
Quoting pkimnyc
no, i don't. and this is new to me.
I see there's a gang of order flow followers here.
  • #519,094
  • Aug 10, 2011 6:16pm Aug 10, 2011 6:16pm
dink... right off the 62
  • #519,095
  • Aug 10, 2011 6:16pm Aug 10, 2011 6:16pm
Quoting seagreen
I hope you mention stops from long positions, cause those are actually sell stops.
right... my bad.... you know what i mean
  • #519,096
  • Aug 10, 2011 6:18pm Aug 10, 2011 6:18pm
Quoting Chicky
I traded gold when it was 380/410 until it touched 1,000+.
WOW! If you reinvested your profits along the way you must sitting on a truckload of money right now.
  • #519,097
  • Aug 10, 2011 6:18pm Aug 10, 2011 6:18pm
Morning All
Hope
  • #519,098
  • Aug 10, 2011 6:18pm Aug 10, 2011 6:18pm
Quoting Monroe
i think he meant stops from longs yea
right hence "long stop"

i was just trying to dumb it down but apparently it was not needed lol

sorry boys
  • #519,099
  • Aug 10, 2011 6:19pm Aug 10, 2011 6:19pm
Quoting seagreen
I see there's a gang of order flow followers here.
I don't understand what it means... I'm just a noob...
  • #519,100
  • Aug 10, 2011 6:20pm Aug 10, 2011 6:20pm
feeling exhausted for some reason.. 24 was off by a few pipis

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