I am long from 3775 / tp 3825 / sl 3750
The forex market has its own life and takes its own time.
- #549,622
- Oct 12, 2011 8:10am Oct 12, 2011 8:10am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
OK
,i 'm going to bed
Mohan
- #549,623
- Oct 12, 2011 8:19am Oct 12, 2011 8:19am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
is it hard enough ? try to catch it with hand, limited damage , by head is too risk
i 'm going to bed
goodnight
I will send telepathic message every 50 pips:nerd:
If you are new to Forex? Say Goodbye to your account!!
- #549,628
- Oct 12, 2011 8:22am Oct 12, 2011 8:22am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Goodluck with your fundi analysis as well. I don't care about it anyway
But to defend my side, dealers not running stops, that's big player running stops and limit orders for liquidity.. When is the Chinese, the Slovak and all become so important to fx market? We always need to find some reasons after the move, don't we?
Only bad traders look for reason after the move (that includes looking for explanation on "big fishes" running stops"), good traders already have the reasons before it happens (FA or TA or both), naturally they maybe wrong every now and then, but statistically are ahead of the curve.
In simple words, Only losers need to find some reason after the move .... by then I would already have loaded, exited and probably reloaded again....I hope you are also in the same stage of trading too....
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
- #549,629
- Oct 12, 2011 8:23am Oct 12, 2011 8:23am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
When life gives you lemons, make lemonade
- #549,630
- Oct 12, 2011 8:26am Oct 12, 2011 8:26am
Well it wasn't a about FA analysis. (and I don't need luck with that either). My post was about your misleading comments on how the FX markets work.
Only bad traders look for reason after the move (that includes looking for explanation on "big fishes" running stops"), good traders already have the reasons before it happens (FA or TA or both), naturally they maybe wrong every now and then, but statistically are ahead of the curve.
In simple words, Only losers need to find some reason after the move .... by then I would already have loaded,...
as you mention, statistics is strong tool which increase your odds of winning but it doesn't guarantee you an always winning situation
- #549,633
- Oct 12, 2011 8:43am Oct 12, 2011 8:43am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
is it time to retrace now?
i'm still learning how to trade properly....
Euro won't let retrace now. It wants to create 1.3725 as 38.2 fibo
Bear should use force or let the bull run till the last strength of euro
You cannot learn better without losing
- #549,634
- Oct 12, 2011 8:47am Oct 12, 2011 8:47am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing
- #549,636
- Oct 12, 2011 8:49am Oct 12, 2011 8:49am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #549,637
- Oct 12, 2011 8:53am Oct 12, 2011 8:53am
- | Joined Oct 2010 | Status: Trader | 1,539 Posts
In simple words, Only losers need to find some reason after the move .... by then I would already have loaded, exited and probably reloaded again....I hope you are also in the same stage of trading too....
sisse
- #549,640
- Oct 12, 2011 9:17am Oct 12, 2011 9:17am
its been 7 days bullish pattern...at 3503 it broke bearish pattern...thought it will retrace..3550 confirm the bullish pattern...now we are on bullish side where on daily pivot we are on R2 if it break 3840 tonight dont think short would be the best thing to do..if it does retrace probably we will 3629 then 3599 before another confirmation for bearish power..hope this help...