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  • #555,861
  • Edited 3:53am Oct 29, 2011 3:42am | Edited 3:53am
Quoting realjumper
Hmmmm......well I wasn't one of the alleged 98%.....neither was anyone I know....
great , so adjustible /flexible trader you are then . It was extected for more correction only , even broke marginally the limit down of interest but failed hold , correction can be any such thing , no warrenty , 20pips to 200 pips all ok ! & with eu summit & result it was very likely also , specially was in positive note , must save or it be die . politicians this time not lied & opputunist took the rally .

yesterday , the thrill gone & publicly blaming greece again but the save mode not over rather in firm determination . next see what happen Monday open .
expecting bull try again & ultimately failure at top , regroup, rearrange & come back latter from lows.They better be more flxible & tolerant & learn work in extreme hardship as US doing for more than 10 years . So Greece turmoils/default to infect in every Euro county together to the learning process & more stable than before !! All only my views , no serious matter.
well done in such turmoils .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #555,862
  • Oct 29, 2011 3:53am Oct 29, 2011 3:53am
Quoting Incrediblle
myfxbook

check out thursday results
"Avg. Short Price /
Distance From Price
1.3857
-298 pips"

is this referring to open positions? it blows my mind that the 'average' person shorting this pair is holding onto a -300 pip trade
  • #555,863
  • Oct 29, 2011 3:58am Oct 29, 2011 3:58am
Quoting Incrediblle
nothing is so good in EU that EURO shud rally 300 pips without a retrace.
lolz
"Sensible Trader"
  • #555,864
  • Oct 29, 2011 4:01am Oct 29, 2011 4:01am
Quoting Incrediblle
98% traders got burned - myfxbook
check out thursday results
The results reflect the pulse of the entry level traders.
very few (almost none) traders i know (with large accounts) have an account with myfxbook, because profitable strategies can be easily duplicated or reverse-engineered.

Btw, 53% of the accounts are demo.
  • #555,865
  • Oct 29, 2011 4:03am Oct 29, 2011 4:03am
Quoting taxe91
"Avg. Short Price /
Distance From Price
1.3857
-298 pips"

is this referring to open positions? it blows my mind that the 'average' person shorting this pair is holding onto a -300 pip trade
Really? Go back and read the posts since Monday, everybody & his dog were saying to short the EUR !

no surprise to me, most traders absolutely do not have any idea of how to properly POSITION SIZE let alone MONEY MANAGEMENT

have a look back at some of the first timers post recently, lost a year's salary or something like that
OPPORTUNITY IS NOWHERE
  • #555,866
  • Oct 29, 2011 4:05am Oct 29, 2011 4:05am
Quoting Callisto
Really? Go back and read the posts since Monday, everybody & his dog were saying to short the EUR !

no surprise to me, most traders absolutely do not have any idea of how to properly POSITION SIZE let alone MONEY MANAGEMENT

have a look back at some of the first timers post recently, lost a year's salary or something like that
my mistake for thinking those kinds of traders are few and far between.

also just realised that only 53% of these account results are from real accounts so that would have skewed the stat
  • #555,867
  • Edited 4:18am Oct 29, 2011 4:07am | Edited 4:18am
EU Daily - Ascending Channel - Double Top Adam & Adam
EU Monthly - Diamond Top - Perfect Closed Below 1.4160
=========================================
USDX Daily - Descending Channel - Correction Sign almost over,time to get strength again - Long Term Bullish - No QE3 Talk - Need Action

No Fundamental - No Rumour - No Issue - No News - No hestitae - The One & Only Channel Is My Chart

Bring It On!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU Daily.png Size: 44 KB
Click to Enlarge Name: EU Monthly - Diamond Top Pattern.png Size: 41 KB
Click to Enlarge Name: USDX Daily.png Size: 43 KB
If there was easy money lying around,no one would be forcing it into your
  • #555,868
  • Oct 29, 2011 4:08am Oct 29, 2011 4:08am
EUR/USD – Bias (W1): Bullish; Bias (D1): Bullish + Potentially Consolidating; Bias (Overall): Bullish + Potentially Consolidating

http://lcchong.files.wordpress.com/2...ng?w=837&h=380

http://lcchong.files.wordpress.com/2...ng?w=837&h=380
  • #555,869
  • Oct 29, 2011 5:12am Oct 29, 2011 5:12am
let's see eur / usd 5m candle before the market closes.
when the bear man close their trade in the red pips, the candle is where!

then let us look into GBR / USD, when the bull man close their trade in the red pips too.

This situation occurs because in order to save their account of the larger losses.
Gap is formed on the next Monday when they are in the red pips and they do not cover all of their trades, but they include more of their money into accounts to avoid margin call. If the bull or bear man man doing the same thing as before be was a violent tug of war who is stronger he will win. but the real winners are those who add into their accounts more than 50% of the balance they have.

What if Mr.bull stronger than mr.bear, the gap is above or below?
we will continue in the coming week.


*I know my opinion is wrong, then do not take the time this opinion ....
  • #555,870
  • Oct 29, 2011 5:29am Oct 29, 2011 5:29am
Another month drawing to an end and a 1102 pip range for EUR/USD. Just a couple of hundred pips lower than last months open. I hope nobody here is holding shorts from down there...
  • #555,871
  • Oct 29, 2011 5:47am Oct 29, 2011 5:47am
Quoting Ch1l1MaN
Rather than waiting for the reversal... isn't it better to jump on the plane first rather than keep hitting shorts?
:thumbs up:
Don't just beat the markets, leave bruises.
  • #555,872
  • Oct 29, 2011 5:50am Oct 29, 2011 5:50am
Quoting fxprocessor
Another month drawing to an end and a 1102 pip range for EUR/USD. Just a couple of hundred pips lower than last months open. I hope nobody here is holding shorts from down there...
no chance for me !!!!
Attached Image (click to enlarge)
Click to Enlarge Name: crazy.png Size: 22 KB
  • #555,873
  • Oct 29, 2011 6:08am Oct 29, 2011 6:08am
Quoting fxprocessor
I hope nobody here is holding shorts from down there...

Bear capitulation... mmmm...
Use me as a contrarian indicator
  • #555,874
  • Oct 29, 2011 6:09am Oct 29, 2011 6:09am
Quoting al5al majd
no chance for me !!!!
surely which part of M-O-N-E-Y M-A-N-A-G-E-M-E-N-T dnt you understand !!!!!!!!!!!!!!!
  • #555,875
  • Oct 29, 2011 6:15am Oct 29, 2011 6:15am
any bears looking at the daily e/u chart better be wetting his pants !!!!!!
  • #555,876
  • Oct 29, 2011 6:16am Oct 29, 2011 6:16am
Quoting al5al majd
no chance for me !!!!
i wouldn't have held that over the weekend,
even if you're trading minilots.

what if sunday you get some fresh eur funds news and you get 100 pips
up at the open ?

you're toast.

Heck, you;re toast even with 50 pips move up.
  • #555,877
  • Oct 29, 2011 6:30am Oct 29, 2011 6:30am
Quoting FX Babie
surely which part of M-O-N-E-Y M-A-N-A-G-E-M-E-N-T dnt you understand !!!!!!!!!!!!!!!
hehehe dont worry i can survive !!!!!
  • #555,878
  • Oct 29, 2011 6:31am Oct 29, 2011 6:31am
Quoting prezd
i wouldn't have held that over the weekend,
even if you're trading minilots.

what if sunday you get some fresh eur funds news and you get 100 pips
up at the open ?

you're toast.

Heck, you;re toast even with 50 pips move up.
i put SL after -25X20=-500
dont worry for that
  • #555,879
  • Oct 29, 2011 6:40am Oct 29, 2011 6:40am
Quoting al5al majd
i put SL after -25X20=-500
dont worry for that
SL don't work over the weekend.

i don't wory, it's your money not mine.
  • #555,880
  • Oct 29, 2011 6:41am Oct 29, 2011 6:41am
hey guys,

anybody knows how to show an indicator lets say stochastic on top of the chart instead of the separate window below?
When life gives you lemons, make lemonade
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