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  • #554,641
  • Oct 26, 2011 10:52am Oct 26, 2011 10:52am
if it was a retracement then it is already done
Trade responsiblypatience is the key/Swing trader
  • #554,642
  • Oct 26, 2011 10:54am Oct 26, 2011 10:54am
wow, so crazy now !
  • #554,643
  • Oct 26, 2011 10:54am Oct 26, 2011 10:54am
Quoting Firstboss
Today's daily pivot point is 1.3906 - it has to return there now
return to orignal place now
be patient, self-belief and discipline... stay focus...
  • #554,644
  • Oct 26, 2011 10:54am Oct 26, 2011 10:54am
Quoting Rom-pom-pom
You've got chinese luck -> Stocks and the euro are sprinting higher on an AP report that China will invest in the EU bailout fund. Haven't we already tried that one? An earlier story had the head of the EFSF on his way to China with his hand out.

You are so right. Stock Markets in the USA and else are going
nuts on two or three words:

Increase Global Demand
  • #554,645
  • Oct 26, 2011 10:54am Oct 26, 2011 10:54am
Yesterday was very tough on me. But with this trade, i won what i lost yesterday and then some! Pity i wasnt around earlier. This smells like a retracement though. We'll see!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 42 KB
  • #554,646
  • Oct 26, 2011 10:54am Oct 26, 2011 10:54am
Quoting Firstboss
Today's daily pivot point is 1.3906 - it has to return there now
Ha! Perfect touch with a bounce "like it's hot")
"Luxury is one of the basic needs", (c), Don Corleone
  • #554,647
  • Oct 26, 2011 10:58am Oct 26, 2011 10:58am
this is called WTF !
Trade responsiblypatience is the key/Swing trader
  • #554,648
  • Oct 26, 2011 10:58am Oct 26, 2011 10:58am
Quoting ThisPip
You are so right. Stock Markets in the USA and else are going
nuts on two or three words:

Increase Global Demand
Absolutely. The world is going crazy. Remember the USSR and it's satellites? Now USA & EU will become china satellites? New names USCA /united states of chinese america/ & CEU / european chinese union/
  • #554,649
  • Oct 26, 2011 10:59am Oct 26, 2011 10:59am
sell now ?
i know we eventually will be together
  • #554,650
  • Oct 26, 2011 11:01am Oct 26, 2011 11:01am
61% retraced
Trade responsiblypatience is the key/Swing trader
  • #554,651
  • Oct 26, 2011 11:01am Oct 26, 2011 11:01am
Attached Image (click to enlarge)
Click to Enlarge Name: dead_bull_logo.jpg Size: 195 KB
When life gives you lemons, make lemonade
  • #554,652
  • Oct 26, 2011 11:01am Oct 26, 2011 11:01am
Quoting smart boy
sell now ?
61.8% try it with sound risk
  • #554,653
  • Oct 26, 2011 11:02am Oct 26, 2011 11:02am
Quoting smart boy
sell now ?

naww, just protect some profit, but keep it, but it is your decision, if you need it desperate for your equity then you may take partial profit,
but you must let half run till after press conference in about 2 hours.

Just a few pointers how i would do it. Secure some, let it run.
  • #554,654
  • Oct 26, 2011 11:03am Oct 26, 2011 11:03am
How will you guys trade the press conference?
  • #554,655
  • Edited 11:06am Oct 26, 2011 11:04am | Edited 11:06am
just made +23% of my total equity, now using 2,3k of margin for floating positions.

If you would ask me how i did it i would say, solely based on fundamentals
and Stock Market Sentiment. I can barely draw a trendline..lol
  • #554,656
  • Oct 26, 2011 11:05am Oct 26, 2011 11:05am
Quoting ThisPip
naww, just protect some profit, but keep it, but it is your decision, if you need it desperate for your equity then you may take partial profit,
but you must let half run till after press conference in about 2 hours.

Just a few pointers how i would do it. Secure some, let it run.
i ll try to short it now

25 pip if that possible
ty
i know we eventually will be together
  • #554,657
  • Oct 26, 2011 11:07am Oct 26, 2011 11:07am
Quoting Rom-pom-pom
61.8% try it with sound risk
try down to 618 of this swing up.. 3865. I'm still expect more up today though, i will load long if it gets there.
  • #554,658
  • Oct 26, 2011 11:08am Oct 26, 2011 11:08am
Utter and total carnage! I wonder how many newbies bust their accounts. This week is definitely not a good time for a new trader. If you did get margin calls, dont lose heart.. I have been there when I started out. I think of it as part of your tuition. Too bad the markets dont have any scholarships, we all have to pay our way in (sometimes for years).

If you are a new trader, dont even think about standard lots. Trust me, the money grows wings and flies out of your account sooner than you can blink.
In other news: A ranger was trapped between a bull and a bear
  • #554,659
  • Oct 26, 2011 11:08am Oct 26, 2011 11:08am
Quoting smart boy
i ll try to short it now

25 pip if that possible
ty
here is the difference between profit and loose. Wait till move is confirmed. Even if you had good MM, you pretty decrease your profit trades ratio.

While I write - see moved up.
  • #554,660
  • Oct 26, 2011 11:10am Oct 26, 2011 11:10am
PA says no more shorts.
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