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  • #554,641
  • Oct 26, 2011 12:52pm Oct 26, 2011 12:52pm
if it was a retracement then it is already done
Trade responsiblypatience is the key/Swing trader
  • #554,642
  • Oct 26, 2011 12:54pm Oct 26, 2011 12:54pm
wow, so crazy now !
  • #554,643
  • Oct 26, 2011 12:54pm Oct 26, 2011 12:54pm
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 12:54pm Oct 26, 2011 12:54pm
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 12:54pm Oct 26, 2011 12:54pm
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 12:54pm Oct 26, 2011 12:54pm
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 12:58pm Oct 26, 2011 12:58pm
this is called WTF !
Trade responsiblypatience is the key/Swing trader
  • #554,648
  • Oct 26, 2011 12:58pm Oct 26, 2011 12:58pm
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 12:59pm Oct 26, 2011 12:59pm
sell now ?
i know we eventually will be together
  • #554,650
  • Oct 26, 2011 1:01pm Oct 26, 2011 1:01pm
61% retraced
Trade responsiblypatience is the key/Swing trader
  • #554,651
  • Oct 26, 2011 1:01pm Oct 26, 2011 1:01pm
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 1:01pm Oct 26, 2011 1:01pm
Quoting smart boy
sell now ?
61.8% try it with sound risk
  • #554,653
  • Oct 26, 2011 1:02pm Oct 26, 2011 1:02pm
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 1:03pm Oct 26, 2011 1:03pm
How will you guys trade the press conference?
  • #554,655
  • Edited 1:06pm Oct 26, 2011 1:04pm | Edited 1:06pm
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 1:05pm Oct 26, 2011 1:05pm
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 1:07pm Oct 26, 2011 1:07pm
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 1:08pm Oct 26, 2011 1:08pm
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 1:08pm Oct 26, 2011 1:08pm
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 1:10pm Oct 26, 2011 1:10pm
PA says no more shorts.
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