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  • #526,121
  • Aug 17, 2011 10:15pm Aug 17, 2011 10:15pm
Quoting attila
Why? It's OK, doing what it's supposed to do.
Yes, at the speed of smell. lol... Goodnight bro... enjoy the dreams that may come.
  • #526,122
  • Aug 17, 2011 10:16pm Aug 17, 2011 10:16pm
Quoting mohan76
i have hedge long at 54 any chance for 55
not sure I understand. what are your entries?
  • #526,123
  • Aug 17, 2011 10:16pm Aug 17, 2011 10:16pm
Quoting KillerWhale
Target 77, but if it takes too long I'll take the pips I can get
hope you have tp set if not set around 76.9x u might get luck on spark
Mohan
  • #526,124
  • Aug 17, 2011 10:18pm Aug 17, 2011 10:18pm
Quoting attila
not sure I understand. what are your entries?
4454 , long and 4380 short may i will close around 443x
Mohan
  • #526,125
  • Aug 17, 2011 10:19pm Aug 17, 2011 10:19pm
Goodluck, not a bad place to Long but be careful, this pair can be a pain sometimes

Quoting KillerWhale
Call me crazy but I opened a long UJ 76.59
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  • #526,126
  • Aug 17, 2011 10:20pm Aug 17, 2011 10:20pm
Quoting egkid
I think i saw today another example of your pattern
Correct me if I'm wrong
Yes my friend, the 3AM bar was indeed a phony wide-range bar. This purpose of such a big fake hourly bar is to trick the short players and burn their stops.

Once the market makers take your stops at that level then the real trend starts.

(Personally I went long EUR/USD at 1.4340, a phony wide range bar between 1AM and 4AM + important support level = big pips )
  • #526,127
  • Aug 17, 2011 10:25pm Aug 17, 2011 10:25pm
Quoting mohan76
4454 , long and 4380 short may i will close around 443x
Hmm... I like your long more than your short. Where did you enter your short? We never did 4380 in this leg down? Anyway, 4370ish maybe 60 is the lowest I can see it go right now, and that might become problematic if 4454 is reached before more down from here (I think it will during london, btw). From there 4454 is the go/no go for more up.So it's a little tricky to tell you the truth.
  • #526,128
  • Aug 17, 2011 10:29pm Aug 17, 2011 10:29pm
Quoting attila
Hmm... I like your long more than your short. Where did you enter your short? We never did 4380 in this leg down? Anyway, 4370ish maybe 60 is the lowest I can see it go right now, and that might become problematic if 4454 is reached (I think it will during london, btw). From there 4454 is the go/no go for more up.So it's a little tricky to tell you the truth.
yesterday short , gone -12x and come back down, last night before goto bed i hedged it (big mistake)
Mohan
  • #526,129
  • Aug 17, 2011 10:33pm Aug 17, 2011 10:33pm
Quoting mohan76
yesterday short , gone -12x and come back down, last night before goto bed i hedged it (big mistake)
Yeah, never hedge like this. I hedge a lot, well not really hedging. I just take multiple trades to different targets. So you will have to drop one out at one point. If you are hedging this way you will always have a problem because you only go the other way out of fear/pain and that usually happens at tops/bottoms where you buy/sell. That's where they do you, on the shake out...
  • #526,130
  • Aug 17, 2011 10:36pm Aug 17, 2011 10:36pm
Flattened. Will take some sleep and return for The Frank. Dull action. Either I sleep in my chair, or hug the pillow. Back in a couple hours.

Good luck.

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  • #526,131
  • Aug 17, 2011 10:37pm Aug 17, 2011 10:37pm
Let me contribute something useful, apart from casual jokes.

These trend lines are sometimes respected but also insulted at many ocassions. As long as insult is less than 50% of the time, I am happy.

If it breaks this current level of 1.4400, I will be adding to my shorts.
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The Thief of Wall Street
  • #526,132
  • Aug 17, 2011 10:38pm Aug 17, 2011 10:38pm
Quoting mohan76
yesterday short , gone -12x and come back down, last night before goto bed i hedged it (big mistake)
I think that was not a hedge, that was a lock. You lock your loss and opening a lock it very tricky.
  • #526,133
  • Aug 17, 2011 10:38pm Aug 17, 2011 10:38pm
Quoting kenfen69
Flattened. Will take some sleep and return for The Frank. Dull action. Either I sleep in my chair, or hug the pillow. Back in a couple hours.

Good luck.

Attachment
sweet dreams)
  • #526,134
  • Aug 17, 2011 10:39pm Aug 17, 2011 10:39pm
Quoting Jok
I think that was not a hedge, that was a lock. You lock your loss and opening a lock it very tricky.
Yeah, what I was telling him...
  • #526,135
  • Aug 17, 2011 10:39pm Aug 17, 2011 10:39pm
Quoting Chicky
Let me contribute something useful, apart from casual jokes.

These trend lines are sometime respected but also insulted at many ocassions. As long as insult is less than 50% of the time, I am happy.

If it breaks this current level of 1.4400, I will be adding to my shorts.
Chicky, breaking of 1.4400, you're looking at hourly?
  • #526,136
  • Aug 17, 2011 10:41pm Aug 17, 2011 10:41pm
Quoting Jok
I think that was not a hedge, that was a lock. You lock your loss and opening a lock it very tricky.
depend on broker, market makers safe to say locked, on stp/ecn your need to pay roll over
Mohan
  • #526,137
  • Aug 17, 2011 10:42pm Aug 17, 2011 10:42pm
Quoting attila
Yeah, what I was telling him...
Yes.. I burned my account because of this lock thingy.
  • #526,138
  • Aug 17, 2011 10:42pm Aug 17, 2011 10:42pm
C ya later mate
Quoting kenfen69
Flattened. Will take some sleep and return for The Frank. Dull action. Either I sleep in my chair, or hug the pillow. Back in a couple hours.

Good luck.

Attachment
  • #526,139
  • Aug 17, 2011 10:44pm Aug 17, 2011 10:44pm
Quoting sofia101
sweet dreams)


Talk to you in a while. Hope you're feeling better.
  • #526,140
  • Aug 17, 2011 10:44pm Aug 17, 2011 10:44pm
Quoting Jok
Yes.. I burned my account because of this lock thingy.
It is very powerful. I think I mastered it to some degree, but yeah, loaded gun...
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