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  • #555,841
  • Edited 11:33pm Oct 28, 2011 11:20pm | Edited 11:33pm
Quoting Chicky
So soon?

Try viagra.................. or boil watermelon juice so hard to make a concentrate of it, works like viagra.
Naughty Chicky - Yummy Yummy

Btw am short @ 1.416 Sl @ 1.418 Target 1.26 - and Yes I am Insane
Attached Image (click to enlarge)
Click to Enlarge Name: EU Monthly - Diamond Top Pattern.png Size: 41 KB
If there was easy money lying around,no one would be forcing it into your
  • #555,842
  • Oct 28, 2011 11:27pm Oct 28, 2011 11:27pm
Quoting Chicky
So soon?

Try viagra.................. or boil watermelon juice so hard to make a concentrate of it, works like viagra.
yes i am using that also
  • #555,843
  • Oct 28, 2011 11:34pm Oct 28, 2011 11:34pm
almost 98% traders both experianced and noobs got fucked up with thursday move.

all got burn trying to catch retracement.
Trade responsiblypatience is the key/Swing trader
  • #555,844
  • Oct 28, 2011 11:36pm Oct 28, 2011 11:36pm
Quoting Incrediblle
almost 98% traders both experianced and noobs got fucked up with thursday move.

all got burn trying to catch retracement.
Monthly Top up - Next Target 1.26 - Kidding and Dreaming
If there was easy money lying around,no one would be forcing it into your
  • #555,845
  • Edited 12:40am Oct 29, 2011 12:14am | Edited 12:40am
Quoting Incrediblle
almost 98% traders both experianced and noobs got fucked up with thursday move.

all got burn trying to catch retracement.
The diagnosis of the year .

everybody knew the reversal attempt very strong going on with eu summit news etc , many key levels broken in strong hand suddenly , even we try at key levels some sorts of correction knowingly that may be very limited for such a strong move with a goal compiled with question of survival.

every loss trade for me , not only this week but the whole years of trading history only those for good expectations of correction where actually expectations did not come up reality or not enough , tp set little non-flexible.

So hope many or all with such experience . anyway we must try this everytime as very logical our action just with care & sl in situ.The bad did not happen again & again but extra-ordinary situation to pay attention extra-ordinary to & indulge some illogical !!

2nd bad intention was to take all movements & in all directions without sittting idle & wait & not go against rules .that are restless, impatience & breaking rules & NOT ONE WAY scalping.
That is scalping attempts are the only culprit & wave wise in corrective phase ^ setup wise in last d wave against set up .

at time not aware the news times or taking care before it .

Treament/prevention : use sl & tp always limited in any correction , try scalping only one way even in choppy market , never trade wave d in any set up and above all limit loss .habituate to take some loss trades all the time & no questions of fuck/burn with them, my all green old formula did not work perfect in every market conditions .

Good tropic for this weekend morning .
I like it.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #555,846
  • Oct 29, 2011 12:15am Oct 29, 2011 12:15am
Quoting Incrediblle
almost 98% traders both experianced and noobs got fucked up with thursday move.

all got burn trying to catch retracement.
Really? Where did you learn this from?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #555,847
  • Oct 29, 2011 12:32am Oct 29, 2011 12:32am
Quoting Yuchen
why you are laughing ?

coz I'll be happy in two cases if i lose ( gap upside )it and take a rest without forex or if i gain some profit (gap downside ) ...
  • #555,848
  • Oct 29, 2011 12:52am Oct 29, 2011 12:52am
Quoting realjumper
Really? Where did you learn this from?
from experience perhaps , ok but not get fucked or burn next then .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #555,849
  • Oct 29, 2011 12:57am Oct 29, 2011 12:57am
Quoting Incrediblle
almost 98% traders both experianced and noobs got fucked up with thursday move.

all got burn trying to catch retracement.
98%? source?
  • #555,850
  • Edited 1:31am Oct 29, 2011 1:19am | Edited 1:31am
Quoting Geppy
Probably over-shadowed by anything coming out of Europe...

Hey there Geppy.... just wanted to give you some insite regarding this thread... I don't visit it often, but the times I do, it has paid off in a big way... There are certain people who post here that, actually call the wrong direction, and it has help me when I am in doubt/indecision. If I look at their posts, and if they are recommending long, I know based on past experience, to go Short. Also, when you get the majority of the various people in the thread, given the same direction, it's said that 85% to 90% of Retail Traders fail, then that I use as well. Thursday was a prime example. When I went Long on Euro during the Asian Session and road it for over 300 pips into the U.S session., it was partly, based on the majority of the people saying Short, Short, short.....

I did not trade Friday, but after reading a few post here tonight. There are some who hold over the weekend, and many are calling for Short on Euro, and some actually say they Need it to Go Short. After reading that, if we have a Gap Up on Sunday, I would not be surprise. At this point, i kind of expect it. However, either way I am in Cash right now, and will wait and see.. But wanted to let you know that this Thread, can be use as a tool, a very accurate one, if used properly.
  • #555,851
  • Oct 29, 2011 1:24am Oct 29, 2011 1:24am
^^^ dreed, judging by your join date and number of posts you have MUCH more trading experience than me. but you are one silly man for making trades "partly, based on the majority of people".

having said that im one of the people waiting for the euro to give signs of a drop so i can go short too. so if it keeps rallying next week then kudos to you
  • #555,852
  • Oct 29, 2011 1:44am Oct 29, 2011 1:44am
Quoting taxe91
^^^ dreed, judging by your join date and number of posts you have MUCH more trading experience than me. but you are one silly man for making trades "partly, based on the majority of people".

having said that im one of the people waiting for the euro to give signs of a drop so i can go short too. so if it keeps rallying next week then kudos to you

Thanks, I think.... Anyway, been trading full time since November 2008.
  • #555,853
  • Oct 29, 2011 1:52am Oct 29, 2011 1:52am
Quoting taxe91
98%? source?
myfxbook

check out thursday results
Trade responsiblypatience is the key/Swing trader
  • #555,854
  • Oct 29, 2011 2:29am Oct 29, 2011 2:29am
Frankfurter Allgemeine Wirtschaft

http://www.faz.net/aktuell/wirtschaf...7.html#Drucken



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #555,855
  • Oct 29, 2011 2:35am Oct 29, 2011 2:35am
Quoting fontu
from experience perhaps , ok but not get fucked or burn next then .
fontu
Hmmmm......well I wasn't one of the alleged 98%.....neither was anyone I know....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #555,856
  • Oct 29, 2011 2:40am Oct 29, 2011 2:40am
Quoting realjumper
Hmmmm......well I wasn't one of the alleged 98%.....neither was anyone I know....
then u must be lucky,thursday move was a none sense,any technical or fundamental trader will agree with it.
Trade responsiblypatience is the key/Swing trader
  • #555,857
  • Oct 29, 2011 2:41am Oct 29, 2011 2:41am
nothing is so good in EU that EURO shud rally 300 pips without a retrace.
Trade responsiblypatience is the key/Swing trader
  • #555,858
  • Oct 29, 2011 2:46am Oct 29, 2011 2:46am
Quoting Incrediblle
nothing is so good in EU that EURO shud rally 300 pips without a retrace.
The retrace will come.....be patient
Doing what you like is Freedom. Liking what you do is Happiness.
  • #555,859
  • Oct 29, 2011 2:48am Oct 29, 2011 2:48am
Quoting Incrediblle
then u must be lucky,thursday move was a none sense,any technical or fundamental trader will agree with it.
Luck plays no part in trading successfully
Doing what you like is Freedom. Liking what you do is Happiness.
  • #555,860
  • Oct 29, 2011 3:21am Oct 29, 2011 3:21am
Rather than waiting for the reversal... isn't it better to jump on the plane first rather than keep hitting shorts?
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