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  • #525,621
  • Aug 17, 2011 10:02am Aug 17, 2011 10:02am
Quoting tomin
Right, thanks a mile!
Here is an article worth reading If your on a budget.
http://www.entrepreneur.com/technolo...cle204898.html
I will go back to my original comment on "news sites" and repeat that large market players preposition prior to news on info you dont have and rarely get it wrong. Stick with charts.
  • #525,622
  • Aug 17, 2011 10:03am Aug 17, 2011 10:03am
Quoting Unknownpips
Cloggmeister still gone long? LAWL he was ridiculing others for shorting... 1.442 may be key for next up. Hope it actually ends the week above 1.45 as it makes next week interesting.
easy... some of you guys are so quick to shoot. It's a 24 hour market. One thing I've noticed quietly watching this thread, very quick assumptions are made here. Never a good thing.
Time hides Nothing
  • #525,623
  • Aug 17, 2011 10:03am Aug 17, 2011 10:03am
Quoting ddinnov
I took a rule breaking 'revenge' short at 1.45 - quite glad about that now

Don't know what iw as thinking earlier about putting a stop 10 pips below a number like 1.45... we live and learn
ouch, "revenge" is a nasty nasty approach, also in this context out of place. hope you had a valid reason that backs up your short
  • #525,624
  • Aug 17, 2011 10:04am Aug 17, 2011 10:04am
Quoting tomin
News and fake signals . . . but watch now...it's happening
Are you still riding the southbound train?
  • #525,625
  • Aug 17, 2011 10:06am Aug 17, 2011 10:06am
Quoting RichieEU
Short 1.4467, SL already at BE.
Added more at 1.4464.
RichieEU
  • #525,626
  • Aug 17, 2011 10:07am Aug 17, 2011 10:07am
So proud of this thread...everybody bought the bottom, and sold the top...no loosers..well done guys
COT: The precious data ignored
  • #525,627
  • Aug 17, 2011 10:07am Aug 17, 2011 10:07am
Quoting Rabax
I have changed the SL to 1,4520 (from 1,46). If we don't break below 1,444 it will probably hold as support and we might see values above 1,45 but possibly not before Asia or Europe close today.

Also added an equal size additional short @ 1,4461. SL 1,451. TP - we'll see, I'll move to B/E if we go below 1,44 by end of US trading today (or close to that pre-asia), otherwise I'm not interested in changing anything.
Greed and impatience are our greatest enemies.
  • #525,628
  • Aug 17, 2011 10:08am Aug 17, 2011 10:08am
Quoting kuroro001
So proud of this thread...everybody bought the bottom, and sold the top...no loosers..well done guys
there is a person end up out @ BE...
Patience, Emotion Control and Discipline.
  • #525,629
  • Aug 17, 2011 10:08am Aug 17, 2011 10:08am
Quoting kuroro001
So proud of this thread...everybody bought the bottom, and sold the top...no loosers..well done guys
Come on, a little bit of understanding. Most are not trading live here. It's easy to put in trades both ways and then show the convenient ones. LOL.
  • #525,630
  • Aug 17, 2011 10:09am Aug 17, 2011 10:09am
Quoting RichieEU
Added more at 1.4464.
And you didn't get stop with your short at 1.4467 in the last few seconds ? my high on the last 5mn was 1.4467x
COT: The precious data ignored
  • #525,631
  • Aug 17, 2011 10:09am Aug 17, 2011 10:09am
President Barack Obama is preparing to offer a plan to slash the deficit beyond the $1.5 trillion in cuts that a congressional ‘super committee’ is required to come up with by late November, reports said Wednesday.
  • #525,632
  • Aug 17, 2011 10:09am Aug 17, 2011 10:09am
Quoting kuroro001
So proud of this thread...everybody bought the bottom, and sold the top...no loosers..well done guys
lol.
  • #525,633
  • Aug 17, 2011 10:10am Aug 17, 2011 10:10am
Quoting Sonofsin5
Here is an article worth reading If your on a budget.
http://www.entrepreneur.com/technolo...cle204898.html
I will go back to my original comment on "news sites" and repeat that large market players preposition prior to news on info you dont have and rarely get it wrong. Stick with charts.
Hopefully I will be on a budget one day, at the time being I'm lost in space and wondering around the web. With experience I'll filter and build my sources.

Will stick with technical analyses, however news driven movements usually don't respect charts.

Anyway, thank you for your pointers it is well appreciated! Cheers mate!
Don't look at me I am lost too
  • #525,634
  • Aug 17, 2011 10:10am Aug 17, 2011 10:10am
Quoting Larseg
President Barack Obama is preparing to offer a plan to slash the deficit beyond the $1.5 trillion in cuts that a congressional ‘super committee’ is required to come up with by late November, reports said Wednesday.
When are these idiots gonna learn the best thing they can do is NOT TOUCH ANYTHING?
  • #525,635
  • Aug 17, 2011 10:11am Aug 17, 2011 10:11am
Quoting CindyXXXX
easy... some of you guys are so quick to shoot. It's a 24 hour market. One thing I've noticed quietly watching this thread, very quick assumptions are made here. Never a good thing.
I appreciate that. However I was just pointing out how he is always denigrating the purpose of this thread and taking pot-shots at people for entering said positions.

People have their individual reasons for going short or long and at the end of the day if the person can make pips out of it, good on them. I just don't get why some posters here have to be obnoxious about other peoples trades instead of providing insight or help to the so called muppets and newbs? After all, wasn't the threads purpose to help other traders?

Where is the love?
  • #525,636
  • Aug 17, 2011 10:11am Aug 17, 2011 10:11am
Here's the deal shorts.....(of which I am NOT one of....Im flat) I believe that may have been just a minor wave 1 of 5....... I believe higher will come
  • #525,637
  • Aug 17, 2011 10:11am Aug 17, 2011 10:11am
Quoting attila
Come on, a little bit of understanding. Most are not trading live here. It's easy to put in trades both ways and then show the convenient ones. LOL.
That's what i am thinking....or you short all the way from 1.4330 to 1.45xx and show the the good ones, but hide the short from 1.4330
Demo is the best and you can get so much money...i miss it!
COT: The precious data ignored
  • #525,638
  • Aug 17, 2011 10:11am Aug 17, 2011 10:11am
Quoting Hungarian
Are you still riding the southbound train?
No, got out at the very south. It was scary riding up north, but free fall down south was a pleasant as *uck

See this: http://www.forexfactory.com/showthre...87#post4878287
Don't look at me I am lost too
  • #525,639
  • Aug 17, 2011 10:12am Aug 17, 2011 10:12am
Quoting Larseg
President Barack Obama is preparing to offer a plan to slash the deficit beyond the $1.5 trillion in cuts that a congressional ‘super committee’ is required to come up with by late November, reports said Wednesday.
Osama Obama would make a excellent used car salesman, Don't ya think?
  • #525,640
  • Aug 17, 2011 10:13am Aug 17, 2011 10:13am
Quoting attila
Come on, a little bit of understanding. Most are not trading live here. It's easy to put in trades both ways and then show the convenient ones. LOL.
Why do you assume that? Hell you can buy a .001 lot with Oanda if you want, I think it's better for one's understanding to at least trade a small size live.
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