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  • #521,581
  • Aug 12, 2011 8:56am Aug 12, 2011 8:56am
Quoting PayTheLimit
Bags packed, computer going off after this message. This is not a test. Off for 10days. Good luck with the bastards, bb much later, PTL....
Nice holiday PTL,
mind you no cell-trading, no foreign screens etc.
Don't be a hero. Don't have an ego. Always question yourself
  • #521,582
  • Aug 12, 2011 8:56am Aug 12, 2011 8:56am
Quoting Ssm
WTF! My SL at BE 4285 was hit! Profit turned into ashes. Maybe I am wrong to shift SL to BE? . I am still learning. Any advice?
AT least you are flat, and didn't lose, that's the point of BE.

I've found unless you have a damn near perfect entry, even on a trade that eventually go 50-80 pips in your favor, price usually comes back to entry (Or really close) about 2 times.

If you aren't confident in the trade, getting stopped out at BE is fine, just wait for the next set up after.

If you are confident. Wait for a retrace under your entry on the 5/15 time frame, dont forget to add the spread.

P.S. dont forget, its friday. Lots of stop hunting, profit taking and general dicking around. Makes indicators and S&R and what you think would usually happen very suspect.
  • #521,583
  • Aug 12, 2011 8:56am Aug 12, 2011 8:56am
Horrible numbers in the US.... looking to clear all on H4 here...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #521,584
  • Aug 12, 2011 8:57am Aug 12, 2011 8:57am
Quoting khizer
Welcome to short zone!
Looking good
  • #521,585
  • Aug 12, 2011 8:57am Aug 12, 2011 8:57am
Quoting samclider
Happy fall
Patience looks win
Wait wait wait ... CASH IN
Once scalper always scalper
  • #521,586
  • Aug 12, 2011 8:58am Aug 12, 2011 8:58am
Quoting primzvicious
trying this setup...

but im not sure with this current trade maybe only scalp 10-20 pips
2/3 closed
Verily, in every difficulties there is relief
  • #521,587
  • Aug 12, 2011 8:59am Aug 12, 2011 8:59am
Quoting tonegawa
short 1.42543 S/L 1.4262
stopped out again......
  • #521,588
  • Aug 12, 2011 8:59am Aug 12, 2011 8:59am
Quoting Ssm
I observed that 4248 is a old support & resistance line. Might put my 1st TP there and let the 2nd one ride down. Shifted SL to BE for safety.

Still learning.
Quoting Ssm
WTF! My SL at BE 4285 was hit! Profit turned into ashes. Maybe I am wrong to shift SL to BE? . I am still learning. Any advice?
WTF X2 !!!! SL Hit and TP reached! Am I a muppet making a fool of myself?
The true fact is market doesn't care, risk mgt is important.
  • #521,589
  • Aug 12, 2011 8:59am Aug 12, 2011 8:59am
you indicating bullish?

Quoting sisse
Horrible numbers in the US.... looking to clear all on H4 here...

sisse
Trade what you see, Not what you think.
  • #521,590
  • Aug 12, 2011 9:00am Aug 12, 2011 9:00am
crude has far better potential short than this !!
rat
  • #521,591
  • Aug 12, 2011 9:01am Aug 12, 2011 9:01am
Quoting Venice
Risking a few at 4280 here...
V, I entered at 1.42801. I got resistance at 1.42827. SL at 1.4313. 1st TP 1.423
  • #521,592
  • Aug 12, 2011 9:01am Aug 12, 2011 9:01am
still there

Quoting cloggie
There was an easy 120 pips to be made on euro and 300 pips on oil based on his crap calls.
Trade what you see, Not what you think.
  • #521,593
  • Aug 12, 2011 9:02am Aug 12, 2011 9:02am
Quoting cloggie
RAtface is no trader, he is a feckin troll. WTF you complimenting him for posting nothing but crap? As you can't see what he really is, does not make you the brightest bulb on the string now does it?
cloggie i didnt say i like his trading or posting i like the way he s handling the abuse that a lot of traders are throwing at him or her . another trader will call it a day and never come to the forum but not rat he is here posting more
  • #521,594
  • Aug 12, 2011 9:03am Aug 12, 2011 9:03am
never a good idea to short near demand zone bro... you need to work a lil on the S/R
sorry for your loss
Quoting tonegawa
stopped out again......
  • #521,595
  • Aug 12, 2011 9:03am Aug 12, 2011 9:03am
Quoting Ssm
WTF X2 !!!! SL Hit and TP reached! Am I a muppet making a fool of myself?
Why so skiddish with the stops? It's one thing to protect profit, it's another to move it to the be when price hasn't even left the 'I determined if i'm correct' zone yet.
  • #521,596
  • Aug 12, 2011 9:03am Aug 12, 2011 9:03am
Quoting sisse
Horrible numbers in the US.... looking to clear all on H4 here...

sisse
sisse can you explain what this means to EU? i'm trying to get my head round fundies..
  • #521,597
  • Aug 12, 2011 9:04am Aug 12, 2011 9:04am
Quoting nawafasad1
cloggie i didnt say i like his trading or posting i like the way he s handling the abuse that a lot of traders are throwing at him or her . another trader will call it a day and never come to the forum but not rat he is here posting more

Let's get something straight here, ratface is not a trader, he is just a wanker trolling these threads looking for noobs to rip of, of course he is staying, this is his only source of income.
  • #521,598
  • Aug 12, 2011 9:05am Aug 12, 2011 9:05am
Quoting kiwidoc
V, I entered at 1.42801. I got resistance at 1.42827. SL at 1.4313. 1st TP 1.423
Looking around the same for the target... We need a close under 4255 first though.
  • #521,599
  • Aug 12, 2011 9:05am Aug 12, 2011 9:05am
sounds like the aim of misleading bro

Quoting nawafasad1
cloggie i didnt say i like his trading or posting i like the way he s handling the abuse that a lot of traders are throwing at him or her . another trader will call it a day and never come to the forum but not rat he is here posting more
  • #521,600
  • Aug 12, 2011 9:05am Aug 12, 2011 9:05am
Quoting hkkhanus
never a good idea to short near demand zone bro... you need to work a lil on the S/R
sorry for your loss
eh I was following the trend of the news. As I said earlier I was waiting for an occasion downside since at the top there is lots of resistance.
As soon as bad numbers came out I entered with my short
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