When life gives you lemons, make lemonade
- #536,561
- Sep 9, 2011 9:31am Sep 9, 2011 9:31am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
- #536,562
- Sep 9, 2011 9:31am Sep 9, 2011 9:31am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
- #536,564
- Sep 9, 2011 9:32am Sep 9, 2011 9:32am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
I have never understood the mindset of people wanting to go long after it has gone down over 900 pips over the last 2 days and broken every major supprot on the way, a far more profitable and safer option would be to trade the retracement in the direction of the sentiment.
When life gives you lemons, make lemonade
- #536,566
- Sep 9, 2011 9:37am Sep 9, 2011 9:37am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
- #536,568
- Sep 9, 2011 9:40am Sep 9, 2011 9:40am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
Wouldn't want to stand in front of this sucker when all the HTF are starting to fall into place ...
Good to see you mate. hope your family's doing well.
Sept 21 is still a long way off. We could get to play in a much bigger triangle until then.
- #536,571
- Sep 9, 2011 9:42am Sep 9, 2011 9:42am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
100 pip from 1.3862 in short
15 pip from 1.3713 in long
Have I got something on my face, SOLDIER?
- #536,572
- Sep 9, 2011 9:43am Sep 9, 2011 9:43am
- | Joined Jul 2011 | Status: Jesus is the way. | 1,450 Posts
Ya I am prepared even if market goes against me..
I got call from a friend who got margin call..I had $$$$ but I politely refused saying I didnt have...I remember once he did same to me....TIT for TAT..
Aight. But then, they say "show me your friend, and I'll tell you who you are". Ever considered why you got a margin call that time your friend did same to you?, or what you and your friend are doing wrong that makes you get a margin call???Here's a suggestion if you don't like SL orders, learn to take your losses as profits. Except you're a broker, no matter how big your capital, no one is beyond a margin call.
Don't just beat the markets, leave bruises.
- #536,573
- Sep 9, 2011 9:44am Sep 9, 2011 9:44am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
I close one EUR/USD short at 400 pips profit. Now one running about 100 with stop loss at 50 pips profit.
The reason why some might go long, is because they are looking for a reversal, and possibly position or swing traders. But still i'd go short on this pair.
CAD is doing good for now.
)
When life gives you lemons, make lemonade
- #536,574
- Sep 9, 2011 9:45am Sep 9, 2011 9:45am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
- #536,575
- Sep 9, 2011 9:47am Sep 9, 2011 9:47am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
hey WB!
Good to see you mate. hope your family's doing well.
Sept 21 is still a long way off. We could get to play in a much bigger triangle until then.
we could ... but i reckon this breakout is real. We'll know in a week or two
Thank You 
- #536,577
- Sep 9, 2011 9:48am Sep 9, 2011 9:48am
No dude, don't buy now bad idea. Or at least one lacking sound judgement. No patterns yet, heck it may even drop even lower! Just wait for next week's movement!
i know we eventually will be together
- #536,578
- Sep 9, 2011 9:50am Sep 9, 2011 9:50am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Next week should be more calm... more settled... less fundamentals high impact... aaahh... 
Have I got something on my face, SOLDIER?
- #536,579
- Sep 9, 2011 9:53am Sep 9, 2011 9:53am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #536,580
- Sep 9, 2011 9:54am Sep 9, 2011 9:54am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
I have never understood the mindset of people wanting to go long after it has gone down over 900 pips over the last 2 days and broken every major supprot on the way, a far more profitable and safer option would be to trade the retracement in the direction of the sentiment.
Is not rocket science, falling knives, sell the rallies, rejection of last broken support, and vice versa for sky rockets, I spend all night encourage caution for longs, no confirmations etc, seems some wants to be hero pick bottoms, next week or month, see "got reversal perfect", reality counting supports been broken so far this week, = many stopped outs, just trying to get perfect entry 95% ters
PA could reverse, of course it could, but is big risk , switch off platform, is Friday go enjoy weekend
5% tersWe have drop out of range, no sl entry, bullshit entry, range might not save your butt, if this rock keep falling is margin call time
So many, try long here is time reverse etc etc stopped stopped stopped but keep on trying oh try here, all I see is cliff, they must have huge account balance or is not real money.
Indicators I not use, but they must be oversold of the screen by now, even through floor, all week.
People who want to long come back next week, if shit hit fan Sat Sun this thing could easily gap of the screen, is more margin call, account will be empty on Market open, nothing you can do, not wise to hold trade over weekend, is my 2 cent, friendly advice
Safe trading
If you are new to Forex? Say Goodbye to your account!!