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  • #521,901
  • Aug 12, 2011 1:29pm Aug 12, 2011 1:29pm
Quoting OldQuant
In a couple of ways. Put prices on graph paper by hand, you notice and remember where those numbers and lines are and have been.

I honestly don't know if, three minutes after they post a chart, you asked some of these guys what the last price was, if they'd even remember.
There is a point in this.
  • #521,902
  • Aug 12, 2011 1:29pm Aug 12, 2011 1:29pm
Quoting cloggie
Posted my shorts a few hours ago, still in them. Averaging 4270-ish. Like watching feckin paint dry in the last 3 hours.
Are you going to hold your shorts over the weekend? And if so what #'s are your target cloggie?

My broker closes in about an hour and a half. My trade is still in with a BE at 4260.

I was just going to close it where ever it was right before closing, so I dont get gapped out for a loss.
  • #521,903
  • Aug 12, 2011 1:29pm Aug 12, 2011 1:29pm
closed short +33

shorted it at the open and could not manage it so i left a stop to protect some profit so no biggie

good week
  • #521,904
  • Aug 12, 2011 1:31pm Aug 12, 2011 1:31pm
Quoting yoursong
we are in civilized europe here...
i hope.. but have you ever been hit with a spiked heel?
those who can, do. those who cant, talk about those who can
  • #521,905
  • Aug 12, 2011 1:31pm Aug 12, 2011 1:31pm
why u closed,, can u explain...

Quoting fxjawn
closed short +33

shorted it at the open and could not manage it so i left a stop to protect some profit so no biggie

good week
Trade what you see, Not what you think.
  • #521,906
  • Aug 12, 2011 1:33pm Aug 12, 2011 1:33pm
Quoting OldQuant
In a couple of ways. Put prices on graph paper by hand, you notice and remember where those numbers and lines are and have been.

I honestly don't know if, three minutes after they post a chart, you asked some of these guys what the last price was, if they'd even remember.

That's funny, I spend last weekend with a couple of us friends that all trade and in the pub, we could pretty much rehash the entire moves for the whole month to the pip. without any charts in front of us.

Most noobies have a very hard time to remember to always look left first.

I still keep a scartchpad next to my PC with doodles/levels and projected candle patterns on them. I gave up on automated pivot indicators etc, I'd rather just find them myself, write them down and at least I know they are correct.

Ah well, kids nowadays.
  • #521,907
  • Aug 12, 2011 1:34pm Aug 12, 2011 1:34pm
Quoting gatorinla
i hope.. but have you ever been hit with a spiked heel?
She doesn't wear anything else...

The question is are you refering to (un)intenionally...
  • #521,908
  • Aug 12, 2011 1:34pm Aug 12, 2011 1:34pm
Quoting egkid
Very Interesting i just notice it's pointing to guess what 4260
Explain more plz
What is phony wide range bar?
Hi Egkid, here is another perfect textbook example of that pattern. This time the 3AM hourly bar was the fake, phony bar.

From A to B it seems like the euro is in a downtrend. Day traders notice that downtrend and are thinking about going short.

From B to C we have a "correction". Short sellers see this as an opportunity to buy the "pullback" or simply add to their short positions.

3AM to 4AM a phony wide range appears, "confirming" the downtrend and attracting even more short sellers.

And then BAM, trend quickly reverses and euro moves almost 150 pips the other way, flushing a lot of stops.

Well, too bad I went to bed early, that trade was good for at least 100 pips. Buy hey, no trader can stay 24 hours in front of the damn screen, that's not a life.

Good weekend everyone, see you all on Sunday.
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  • #521,909
  • Aug 12, 2011 1:34pm Aug 12, 2011 1:34pm
Quoting cloggie
That's funny, I spend last weekend with a couple of us friends that all trade and in the pub, we could pretty much rehash the entire moves for the whole month to the pip. without any charts in front of us.

Most noobies have a very hard time to remember to always look left first.

I still keep a scartchpad next to my PC with doodles/levels and projected candle patterns on them. I gave up on automated pivot indicators etc, I'd rather just find them myself, write them down and at least I know they are correct.

Ah well, kids nowadays.
Hoe is het?
  • #521,910
  • Aug 12, 2011 1:36pm Aug 12, 2011 1:36pm
Quoting cloggie
That's funny, I spend last weekend with a couple of us friends that all trade and in the pub, we could pretty much rehash the entire moves for the whole month to the pip. without any charts in front of us.

Most noobies have a very hard time to remember to always look left first.

I still keep a scartchpad next to my PC with doodles/levels and projected candle patterns on them. I gave up on automated pivot indicators etc, I'd rather just find them myself, write them down and at least I know they are correct.

Ah well, kids nowadays.
Pub talk... haha... "Did you see how powerful 1.4240 was last week?!? I couldn't believe that!!!"

Maybe it would be best if I didn't have any trading buddies to go to a pub with, not the type of conversation I fancy!
  • #521,911
  • Aug 12, 2011 1:36pm Aug 12, 2011 1:36pm
Quoting BoredToLoose
From March 21. ALL THE SET-UP!

Smart quotes do not work from my posts. MY BLOG HISTORY and RECORDS are my invitation card. I need no more than that.

GL ALL

Come on kid, you have been telling us all for the last few weeks not to trade this market as it is such a mess, plenty of us just get on with it and post trades worth hundreds of pips a day, while you just sit in the corner and moan.

You really need to stop promoting that crap blog of yours, I will not tolerate advertising crap in here.
  • #521,912
  • Aug 12, 2011 1:36pm Aug 12, 2011 1:36pm
gbp seems about the only thing to move this for the last hours...
  • #521,913
  • Aug 12, 2011 1:38pm Aug 12, 2011 1:38pm
Quoting BoredToLoose
From March 21. ALL THE SET-UP!

Smart quotes do not work from my posts. MY BLOG HISTORY and RECORDS are my invitation card. I need no more than that.

GL ALL

What do you want to tell us?
  • #521,914
  • Aug 12, 2011 1:38pm Aug 12, 2011 1:38pm
Quoting cloggie
Come on kid, you have been telling us all for the last few weeks not to trade this market as it is such a mess, plenty of us just get on with it and post trades worth hundreds of pips a day, while you just sit in the corner and moan.

You really need to stop promoting that crap blog of yours, I will not tolerate advertising crap in here.

I mentioned my excel SS on compounding 1% and had 10 PM requests....piss off...simples....u cant do that on excel u shouldnt be trading
  • #521,915
  • Aug 12, 2011 1:39pm Aug 12, 2011 1:39pm
Quoting ingmarforex
Hoe is het?
Het is hoe.
  • #521,916
  • Aug 12, 2011 1:39pm Aug 12, 2011 1:39pm
Quoting Venice
Pub talk... haha... "Did you see how powerful 1.4240 was last week?!? I couldn't believe that!!!"

Maybe it would be best if I didn't have any trading buddies to go to a pub with, not the type of conversation I fancy!

I enjoy getting together with some of the old hands that I have gotten to know over the years every once in a while. We have all left working for someone else and set out on our own, it is good to touch base and get real sometimes.
  • #521,917
  • Aug 12, 2011 1:39pm Aug 12, 2011 1:39pm
Ken, was that Conan clip Cramer? I couldn't tell for sure; looked like, but didn't sound like.
  • #521,918
  • Aug 12, 2011 1:40pm Aug 12, 2011 1:40pm
Quoting needpips
I mentioned my excel SS on compounding 1% and had 10 PM requests....piss off...simples....u cant do that on excel u shouldnt be trading
wtf... lol.

I currently aim for 50% a month... compound, weee!
  • #521,919
  • Aug 12, 2011 1:40pm Aug 12, 2011 1:40pm
Quoting needpips
I mentioned my excel SS on compounding 1% and had 10 PM requests....piss off...simples....u cant do that on excel u shouldnt be trading
Lazy feckers, they want everything handed on a plate to them.
  • #521,920
  • Aug 12, 2011 1:41pm Aug 12, 2011 1:41pm
Quoting OldQuant
Ken, was that Conan clip Cramer? I couldn't tell for sure; looked like, but didn't sound like.

No it wasn't, I can't stand his voice, he is so feckin annoying.
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