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  • #562,901
  • Nov 16, 2011 3:20pm Nov 16, 2011 3:20pm
Quoting RamsesII
Do you ever get tired of being a confrontational asshole? It would be way too draining on me day in day out.

Does he do well in the market?
entry - 1.29250 s/l 200 pips
  • #562,902
  • Nov 16, 2011 3:21pm Nov 16, 2011 3:21pm
Quoting torontobboy2
short below 1.3555 and target 1.3425.
close trade if 30 min candle closes above 1.3555.


this was posted 11 hours ago.
i hope some of you have have made money selling this twice at the same level.
  • #562,903
  • Nov 16, 2011 3:22pm Nov 16, 2011 3:22pm
My screen:
Attached Image (click to enlarge)
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  • #562,904
  • Nov 16, 2011 3:32pm Nov 16, 2011 3:32pm
Quoting normfx
Does he do well in the market?
why are you asking me?
Don't have an ego. Always question yourself and your ability.
  • #562,905
  • Nov 16, 2011 3:33pm Nov 16, 2011 3:33pm
Quoting normfx
Does he do well in the market?
He is probably the best trader here, but lets give others that don't post a lot benefit of doubt and say he is in the top 5.
  • #562,906
  • Nov 16, 2011 3:33pm Nov 16, 2011 3:33pm
Quoting MitchWorse
My screen:
Spike @ 1.3548
RM
  • #562,907
  • Nov 16, 2011 3:34pm Nov 16, 2011 3:34pm
Volume is low right now? be patient...

http://www.forexfactory.com/attachme...1&d=1321479239
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  • #562,908
  • Nov 16, 2011 3:38pm Nov 16, 2011 3:38pm
Quoting Geppy
Alright, I did it... peeked at my one chart that has MACD on it. There's some pretty legit bullish divergence on the 4H. For those that don't know, that's when price is making lower lows, but MACD is making higher lows.

The lows from the 1st, 10th, and last night/today (16th) all resulted in a higher low for MACD. It's kinda like a compressed spring (notice how the points have gotten closer together... 9 days then 6 days).

It's by no means a guarantee that we're going higher, but definitely something to be aware of. Divergence can be a...
Nice find Gep. You can draw a rising TL connecting the last three dips on the MACD despite lower lows.
That's why I'm waiting for a stronger pullback to the 1.36-1.365 area (50-61.8 Fib) before considering a short. 1.37 is highly possible based on recent market rhythm. However, I have no interest in buying the Euro.
My biggest mistake the last month is underestimating the Euro rally. My biggest success is not buying it.
  • #562,909
  • Nov 16, 2011 3:40pm Nov 16, 2011 3:40pm
Quote of the day goes to -

Quoting Incrediblle
Europe have solved there problem atleast for time being.world markets is going to rally today and tomorrow.I am bull on international stocks.
  • #562,910
  • Nov 16, 2011 3:49pm Nov 16, 2011 3:49pm
Let's see if a double bottom forms on the 1HR
  • #562,911
  • Nov 16, 2011 3:51pm Nov 16, 2011 3:51pm
Covered short from 3515 for 55 pips

Trying a small long to 3500
  • #562,912
  • Nov 16, 2011 3:51pm Nov 16, 2011 3:51pm
Quoting RamsesII
why are you asking me?
sorry I asked.
entry - 1.29250 s/l 200 pips
  • #562,913
  • Nov 16, 2011 3:52pm Nov 16, 2011 3:52pm
Quoting bbakker
Quote of the day goes to -
Lol, now that is a great one. I guess I need to visit this thread more often.

Edit: Omg this is hillarious. I cant stop laughing.
"I know one thing, that I know nothing." Sokrates
  • #562,914
  • Nov 16, 2011 3:53pm Nov 16, 2011 3:53pm
Support and resistance trading is a tough way to make money..reason is..the banks know exactly where all your trades are.. I mean, they stick out like a sore thumb..and you've seen your stops hit over and over costing you untold amounts of money..they'd be fools not to go after them..of course, unless you think the banks are honest, and the game isn't rigged..the vast majority actually believe that..the banks are counting on it, and it works perfectly..if you tell someone the banks are rigging the game against you they take offence and fight you tooth and nail. Lots of people are finally waking up to the fact that trading markets may be rigged..trust me, they are..perfectly.
entry - 1.29250 s/l 200 pips
  • #562,915
  • Nov 16, 2011 3:57pm Nov 16, 2011 3:57pm
Quoting normfx
Support and resistance trading is a tough way to make money..reason is..the banks know exactly where all your trades are.. I mean, they stick out like a sore thumb..and you've seen your stops hit over and over costing you untold amounts of money..they'd be fools not to go after them..of course, unless you think the banks are honest, and the game isn't rigged..the vast majority actually believe that..the banks are counting on it, and it works perfectly..if you tell someone the banks are rigging the game against you they take offence and fight you...

Well entries can be good at S/R but stops should be away in a random place, aslong as your R:R says yes then its good. THis is because half the time the large specs shake weak longs while some big players actually trade at the S/R.
  • #562,916
  • Nov 16, 2011 4:02pm Nov 16, 2011 4:02pm
and U?
The market was bullish, turned bearish, and you'are brokish!!!
  • #562,917
  • Nov 16, 2011 4:03pm Nov 16, 2011 4:03pm
buy order
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The market was bullish, turned bearish, and you'are brokish!!!
  • #562,918
  • Nov 16, 2011 4:05pm Nov 16, 2011 4:05pm
sorry I'm drunk
buy order
Attached Image (click to enlarge)
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The market was bullish, turned bearish, and you'are brokish!!!
  • #562,919
  • Nov 16, 2011 4:27pm Nov 16, 2011 4:27pm
100 fast green pips ...
closed all positions ... thanx god
going to sleep ... good night all
http://img84.imageshack.us/img84/1481/100pips.png
  • #562,920
  • Nov 16, 2011 4:29pm Nov 16, 2011 4:29pm
retail traders, stay out of market

http://www.dowjones.com/products/djf...utOfMarket.asp
As Above, So Below
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Yaruki