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  • #544,481
  • Sep 27, 2011 11:28pm Sep 27, 2011 11:28pm
Quoting sdcasper
ive been trading for 5 years. and to this day can't believe how difficult it is. recently ive found myself with 18 loses out of 20 trades.

im at a disadvantage, i work all day, i have a two year old that demands my time, and a wife that may one day divorce me over trading. i literally get to trade 10:00pm to 2:00am pst under a state of exhaustion.

my trades are mine. im accountable. i come here to get advice. seek opinions and mostly learn.

i have limited time. im exhausted. i appreciate forex and know that my light is getting brighter....
just trade higher TF's brother

i know some guys who work for 30 min a week on the weekends with the pair(s) they stalk on a montlhy/weekly/daily time frame and just set pending orders when the market opens each week

just my .02

gl
  • #544,482
  • Sep 27, 2011 11:30pm Sep 27, 2011 11:30pm
4 hour buyers are loosing strength, either this goes into flat consolidation or a dip for 50 odd pips, maybe thursday or friday sees a daily chart trend change.
  • #544,483
  • Sep 27, 2011 11:31pm Sep 27, 2011 11:31pm
Quoting sdcasper
ive been trading for 5 years. and ........i have a two year old............ im exhausted.........i do need a shower.
How did you find time for that buddy?

You should be exhausted.
The Thief of Wall Street
  • #544,484
  • Sep 27, 2011 11:35pm Sep 27, 2011 11:35pm
Quoting sdcasper
ive been trading for 5 years. and to this day can't believe how difficult it is. recently ive found myself with 18 loses out of 20 trades.

im at a disadvantage, i work all day, i have a two year old that demands my time, and a wife that may one day divorce me over trading. i literally get to trade 10:00pm to 2:00am pst under a state of exhaustion.

my trades are mine. im accountable. i come here to get advice. seek opinions and mostly learn.

i have limited time. im exhausted. i appreciate forex and know that my light is getting brighter....
i have multiple sclerosis, been on a wheelchair since 2006, spend over $1.5K a month on medications and hospital charges, I take one gamma IV injection every month and my only source of income is forex trading.

yes you do need a shower.
  • #544,485
  • Sep 27, 2011 11:36pm Sep 27, 2011 11:36pm
Quoting Chicky
How did you find time for that buddy?

You should be exhausted.
there is so much potential in forex. no commute, no customer service, no bs. unfortunately, its not easy, i have no mentor and i do not have any peers that trade.

i feel like i know so much yet thoroughly confused. i agree that the higher time frames may be my ticket. i love the scalp. but it requires too much face time.
  • #544,486
  • Sep 27, 2011 11:39pm Sep 27, 2011 11:39pm
in all this humbleness i think the my platform went down. the eur has not moved. long .3550 off 0.382 fib.
  • #544,487
  • Sep 27, 2011 11:45pm Sep 27, 2011 11:45pm
Possibly Short from current price, 3550, target 2550. Time frame
7-14 days. BTW, Soros said we are already in double sip recession, and months back was eyeing the commodity bubble, saying it was only a matter of time.
  • #544,488
  • Sep 27, 2011 11:47pm Sep 27, 2011 11:47pm
  •  XDorkX
  • | Joined Sep 2011 | Status: I'm Polish & better looking than U | 183 Posts
We have been in a recession since 08 never got out of one.

Sdcasper, best of luck to you buddy, make sure you shower tho.
  • #544,489
  • Sep 27, 2011 11:50pm Sep 27, 2011 11:50pm
Morning , checking the lattest development , burning question is breakout at 3549 to 4530 & next breakout towards 3479 or not before bull start . anyway smal long taken to see .Round bottom as guide now . mofu/range increased . Only top range may not bo below 3530 or to only 3479 otherwise bo likly below it .
fontu

long also closed as may fall further or to see it actually up 3572.
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #544,490
  • Sep 27, 2011 11:55pm Sep 27, 2011 11:55pm
the secret of 1000 points up and down but profit min is 10% monthly.....relaks and steady

the key point is must be friend with market dan dont use capital to die with profit dream

  • #544,491
  • Sep 27, 2011 11:56pm Sep 27, 2011 11:56pm
Quoting XDorkX
We have been in a recession since 08 never got out of one.

Sdcasper, best of luck to you buddy, make sure you shower tho.
We have different definitions of recession. Mine is a steep fast drop of EUR/USD.
  • #544,492
  • Sep 27, 2011 11:59pm Sep 27, 2011 11:59pm
  •  XDorkX
  • | Joined Sep 2011 | Status: I'm Polish & better looking than U | 183 Posts
I apologize, were you referring to Europe?
  • #544,493
  • Sep 28, 2011 12:03am Sep 28, 2011 12:03am
Daily EU
- We close higher than previously 3 bar of stick
- Today stick still stay in the range of previous bar stick
- Potential going down further or up depending which side break first
Attached Image (click to enlarge)
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If there was easy money lying around,no one would be forcing it into your
  • #544,494
  • Sep 28, 2011 12:05am Sep 28, 2011 12:05am
Quoting XDorkX
I apologize, were you referring to Europe?
Not necessarily. Stocks will become cheaper, more stock traders that do 'nothing' but invest will lose their jobs. Money will change hands. Mostly it will go to Soros.
  • #544,495
  • Sep 28, 2011 12:06am Sep 28, 2011 12:06am
Quoting sdcasper
there is so much potential in forex. no commute, no customer service, no bs. unfortunately, its not easy, i have no mentor and i do not have any peers that trade.

i feel like i know so much yet thoroughly confused. i agree that the higher time frames may be my ticket. i love the scalp. but it requires too much face time.
I agree with you forex trading has unlimited growth potential with very little physical involvement.

I know exactly where are you coming from. One way to save time and cut this journey short is to look for logic in all what you know. Put aside everything that does not make sense or is without a logic. Arrange and rearrange whatever is left and then some day everything will be surprisingly clear. You will have answers to all your questions, solutions to all your problems and alternates for all your limitations. It may even cross the boundaries of scalps, longer term trading, screen time, fear, greed ........ you name it. That will be purely professional, solid, effortless, and fearless trading.

Logic is the word.
The Thief of Wall Street
  • #544,496
  • Sep 28, 2011 12:07am Sep 28, 2011 12:07am
Euro S&R
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  • #544,497
  • Sep 28, 2011 12:11am Sep 28, 2011 12:11am
Quoting XDorkX
We have been in a recession since 08 never got out of one.

Sdcasper, best of luck to you buddy, make sure you shower tho.
You read that article too? 1.7 trillion one?
The Thief of Wall Street
  • #544,498
  • Sep 28, 2011 12:14am Sep 28, 2011 12:14am
Quoting Clouds
Possibly Short from current price, 3550, target 2550. Time frame
7-14 days. BTW, Soros said we are already in double sip recession, and months back was eyeing the commodity bubble, saying it was only a matter of time.
So you expect 2550 within 14 days?
Dreaming... lol
Current bear is not as strong as you are thinking.
You cannot learn better without losing
  • #544,499
  • Sep 28, 2011 12:14am Sep 28, 2011 12:14am
  •  XDorkX
  • | Joined Sep 2011 | Status: I'm Polish & better looking than U | 183 Posts
Quoting Clouds
Not necessarily. Stocks will become cheaper, more stock traders that do 'nothing' but invest will lose their jobs. Money will change hands. Mostly it will go to Soros.
Stocks should have been cheaper but they have been artificially propped up by Ben Bernanke and the actions taken by the Fed. Now that the market senses there's a possibility that there may not be a third QE and all of a sudden there is a recession.
  • #544,500
  • Sep 28, 2011 12:14am Sep 28, 2011 12:14am
EUR news coming soon. any thoughts. im still long.
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