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  • #562,161
  • Nov 15, 2011 11:01am Nov 15, 2011 11:01am
Quoting cloggie
There are mistakes and then there is stupidity. Buying resistance with no breakout/momentum/pattern is pure stupidity.

But heh, if you don't like my posts, I added a little link in my signature for your convenience. I will reciprocate. "click"
i think you need your marmite avatar back...
  • #562,162
  • Nov 15, 2011 11:01am Nov 15, 2011 11:01am
Quoting cloggie
There are mistakes and then there is stupidity. Buying resistance with no breakout/momentum/pattern is pure stupidity.

But heh, if you don't like my posts, I added a little link in my signature for your convenience. I will reciprocate. "click"
Yeah if only everyone was that thoughtful...Must have added 4 new trophys to my IL after that last page and must have done it manually :/
Quant Hedge Fund CEO
  • #562,163
  • Nov 15, 2011 11:01am Nov 15, 2011 11:01am
Quoting cloggie
I have done it about a handful of times here and posted the accounts for a while. Scalping, if done right is pretty easy, and yes I netted 650 pips in 3 days, which really isn't that hard to do on EU, she moves 150-200 pips a day, get 4-5 good trend trades and a few counters and you are there.
I only can earn money scalping, would like to predict that big trends too ... for me, scapling is easier
  • #562,164
  • Nov 15, 2011 11:01am Nov 15, 2011 11:01am
Quoting fontu
why jump so sudden ! biut 3525 broken .
fontu
surge from the hour close, unless news has come out?
  • #562,165
  • Nov 15, 2011 11:05am Nov 15, 2011 11:05am
Quoting cloggie
I have done it about a handful of times here and posted the accounts for a while. Scalping, if done right is pretty easy, and yes I netted 650 pips in 3 days on one pair only, which really isn't that hard to do on EU, she moves 150-200 pips a day, get 4-5 good trend trades and a few counters and you are there.
Hi Cloggie,

May I ask a question again?


Thanks
If there was easy money lying around,no one would be forcing it into your
  • #562,166
  • Nov 15, 2011 11:05am Nov 15, 2011 11:05am
Quoting FXMastermind
Yeah if only everyone was that thoughtful...Must have added 4 new trophys to my IL after that last page and must have done it manually :/
well 3480, he's reduced his deficit massively, only trouble is he'll prolly do it again and not be so lucky...

that's what happened to leeson, he got away with it the first time...
  • #562,167
  • Nov 15, 2011 11:06am Nov 15, 2011 11:06am
Quoting cloggie
3490 will give it a bit of a bounce here.

http://www.smiley-lol.com/smiley/fiesta/champ.gif
  • #562,168
  • Nov 15, 2011 11:06am Nov 15, 2011 11:06am
Quoting FXMindset
Hi Cloggie,

May I ask a question again?


Thanks

No need to ask, just fire away.
  • #562,169
  • Nov 15, 2011 11:08am Nov 15, 2011 11:08am
Quoting FibbinArchie
well 3480, he's reduced his deficit massively, only trouble is he'll prolly do it again and not be so lucky...
I just donīt get it how someone can allow the position to go like 300 pips against him and then (probably feeling triumphant) will close it for like 20 pips of profit with a big "phew, I did it again" or "Yep, I was right!"
Quant Hedge Fund CEO
  • #562,170
  • Nov 15, 2011 11:08am Nov 15, 2011 11:08am
surprise, surprise sucked right back in to the 40 level..
  • #562,171
  • Nov 15, 2011 11:09am Nov 15, 2011 11:09am
Quoting FibbinArchie
surprise, surprise sucked right back in to the 40 level..

Wonderful ain't it.
  • #562,172
  • Nov 15, 2011 11:09am Nov 15, 2011 11:09am
Quoting FXMastermind
Well thatīs not the best one, I just received a message from one boy who holds short position from Thursday last week from, wait for it!!!, .3480 - and he asks if I recommend him to stay in that position.

I mean - it certainly requires some kind of perverted precision to hit the very bottom and go short there, I just thought to employ that boy to give me signals - whenever he goes short, I do the exact opposite...The best trading system to pick tops and bottoms I reckon...

whatīs worse, it looks like I already earned some undeserved reputation...
...sent him employment offer.
Quant Hedge Fund CEO
  • #562,173
  • Nov 15, 2011 11:10am Nov 15, 2011 11:10am
Where are we at boys and girls? Lol the frickin 400! This is sick.
  • #562,174
  • Nov 15, 2011 11:10am Nov 15, 2011 11:10am
Quoting FibbinArchie
surge from the hour close, unless news has come out?
Thanks ,wave pattern changed in smallest tf still mofu may come forwards for another leg as price not break 3563 .
lets see but doing nothing .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #562,175
  • Nov 15, 2011 11:10am Nov 15, 2011 11:10am
Quoting cloggie
http://www.smiley-lol.com/smiley/fiesta/champ.gif
My low shows only 34952?
  • #562,176
  • Nov 15, 2011 11:10am Nov 15, 2011 11:10am
Quoting FXMastermind
I just donīt get it how someone can allow the position to go like 300 pips against him and then (probably feeling triumphant) will close it for like 20 pips of profit with a big "phew, I did it again" or "Yep, I was right!"
hopium & allowing a losing trade to get wildly out of control, but getting away with it just reinforces the suicidal behaviour...
  • #562,177
  • Nov 15, 2011 11:11am Nov 15, 2011 11:11am
Quoting FXMastermind
I just donīt get it how someone can allow the position to go like 300 pips against him and then (probably feeling triumphant) will close it for like 20 pips of profit with a big "phew, I did it again" or "Yep, I was right!"
Agree, makes no sense. not worth the stress either.
  • #562,178
  • Nov 15, 2011 11:11am Nov 15, 2011 11:11am
well i think that until the next london session not open market is highly in un stable form so better to avoid the sell any more
  • #562,179
  • Nov 15, 2011 11:12am Nov 15, 2011 11:12am
Quoting fontu
Thanks ,wave pattern changed in smallest tf still mofu may come forwards for another leg as price not 3563 .
lets see but doing nothing .
fontu
just based on time of day, ny lunch, usually, (but not always) get a counter trend for the next hour, but lets c...

edit- move up off the low may have been it..
  • #562,180
  • Nov 15, 2011 11:13am Nov 15, 2011 11:13am
Quoting FXConveyor
My low shows only 34952?

I got 34948, that was close enough for government work. Levels should always be drawn with a crayon, they don't always hit to the pip, at times someone blinks right before we get to it and it jumps of it like a wet cat of an electrice fence. Just keep it in the back of your mind, she will most likely get those last few pips....look what happened at my 70

Right now we are playing the 40 again. That should be a very big fat bright neon line on your chart as soon as I posted that this morning. We will stay here till we leave and there is still nothing on the charts giving us a mid to long term trade here. Just keep playing the range and be careful at the boundaries, look for obvious signals of it giving up finally.
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