I have open gold long stone age setup,waiting for rally up
Minimum 200 pips up
sl only 31 pips and tp 200 pips
Minimum 200 pips up
sl only 31 pips and tp 200 pips
- #28,302
- Nov 22, 2011 9:40am Nov 22, 2011 9:40am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #28,303
- Nov 22, 2011 11:06am Nov 22, 2011 11:06am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #28,304
- Edited 12:12pm Nov 22, 2011 11:36am | Edited 12:12pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
EU Comment:
You know the Halloween trick of filling a small brown bag with shit, placing it at someone's front door, setting the bag on fire, ringing the doorbell, and running like hell! The homeowner opens the door, sees the fire, and STOMPS on the bag! .......ends up with shit all over!
This is the euro,....a bag of shit. For over a year now, "investors" (the filthy rich of Wall Street, and others like them around the world that helped cause the global financial crisis) have been propping up the euro. This is like them putting more shit in the bag, stuffing it! The day will come that there won't be any more propping. There will be a massive selloff, as they set fire to their bag of shit, ring the doorbell and run like hell. A lot of good folks are going to end up with shit all over themselves, as the filthy rich sail off into the sunset.
Every week USD news improves and EUR news, even sanitized by the manipulators, smells rotten! Yet, EU is not "allowed" to drop. We'll see about that. It could happen at any time, bit by bit at first as the conversion of longer term longs into shorts fails to be completely masked.
Speculation, of course. (Yeah, right.)
Of course, as always, there will be both long and short Sonic R. System trade opportunities.
You know the Halloween trick of filling a small brown bag with shit, placing it at someone's front door, setting the bag on fire, ringing the doorbell, and running like hell! The homeowner opens the door, sees the fire, and STOMPS on the bag! .......ends up with shit all over!
This is the euro,....a bag of shit. For over a year now, "investors" (the filthy rich of Wall Street, and others like them around the world that helped cause the global financial crisis) have been propping up the euro. This is like them putting more shit in the bag, stuffing it! The day will come that there won't be any more propping. There will be a massive selloff, as they set fire to their bag of shit, ring the doorbell and run like hell. A lot of good folks are going to end up with shit all over themselves, as the filthy rich sail off into the sunset.
Every week USD news improves and EUR news, even sanitized by the manipulators, smells rotten! Yet, EU is not "allowed" to drop. We'll see about that. It could happen at any time, bit by bit at first as the conversion of longer term longs into shorts fails to be completely masked.
Speculation, of course. (Yeah, right.)
Of course, as always, there will be both long and short Sonic R. System trade opportunities.
- #28,305
- Nov 22, 2011 11:53am Nov 22, 2011 11:53am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #28,306
- Nov 22, 2011 11:57am Nov 22, 2011 11:57am
- | Membership Revoked | Joined Jun 2011 | 2,124 Posts
EU Comment:
You know the Halloween trick of filling a small brown bag with shit, placing it at someone's front door, setting the bag on fire, ringing the doorbell, and running like hell! The homeowner opens the door, sees the fire, and STOMPS on the bag! .......ends up with shit all over!
I remember that! LOL
fokyou forexfactory
- #28,308
- Nov 22, 2011 12:30pm Nov 22, 2011 12:30pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #28,309
- Nov 22, 2011 12:35pm Nov 22, 2011 12:35pm
- | Membership Revoked | Joined Jan 2008 | 3,753 Posts
- #28,310
- Nov 22, 2011 2:32pm Nov 22, 2011 2:32pm
- | Commercial User | Joined Mar 2008 | 9,088 Posts
You and Sonic took a very tight WAVE. Not sure it actually qualilfies as a WAVE. This is what sometimes happens when we think there is a move going on, and we jump in without quality requirements.
Anyway, it was modestly profitable for you both. But note that your risk was GREATER than the reward!
The color convention for the EP, SL and TPs on a white chart is Black, Red and Green respectively.
It should be nice if it has nice lower high for bearish wave formation..
Anyway, that was quick profit trade..
Sonic
- #28,313
- Nov 22, 2011 2:44pm Nov 22, 2011 2:44pm
- | Membership Revoked | Joined Jan 2008 | 3,753 Posts
- #28,314
- Edited 5:15pm Nov 22, 2011 4:01pm | Edited 5:15pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #28,315
- Edited 5:20pm Nov 22, 2011 5:06pm | Edited 5:20pm
Hi, i have EU long at the moment. i see the wave and i ride it. But, the problem is, it is outside london trading session. the volume is not much so i will lock the pip as quick as i can. hahaha..Just can't resist the wave.
Any comment? i know, it's been ranging for the whole day yesterday, so a quick pip is what i'm looking for.
addition:
LOL. SL hit.
morale of the story? be patience and wait for London session.
thank you. lesson learnt.
Any comment? i know, it's been ranging for the whole day yesterday, so a quick pip is what i'm looking for.
addition:
LOL. SL hit.
morale of the story? be patience and wait for London session.
thank you. lesson learnt.
- #28,316
- Nov 22, 2011 5:29pm Nov 22, 2011 5:29pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
Hi, i have EU long at the moment. i see the wave and i ride it. But, the problem is, it is outside london trading session. the volume is not much so i will lock the pip as quick as i can. hahaha..Just can't resist the wave.
Any comment? i know, it's been ranging for the whole day yesterday, so a quick pip is what i'm looking for.
Attachment
addition:
LOL. SL hit.
morale of the story? be patience and wait for London session.
thank you. lesson learnt.
So, I am in agreement, most non-London session attractive setups should be avoided, like the diseased plaque they are! Not only will they cost us money, they conspire to seduce us into poor money management habits (at least some of us,......like ME).
As a current example, I entered GU short after the London session, on a goooooooood looking setup. It has ranged ever since. Guess where my EP is? Right, right at the bottom of the stinking range!
Now, you are going to be way ahead of me, if you can learn not to do, what I have soooooo much difficulty learning not to do MYSELF!
- #28,317
- Edited 5:48pm Nov 22, 2011 5:34pm | Edited 5:48pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
EU:
I CAN'T BELIEVE IT! This bag of crap is actually making an early asian session move down, unbelievable! (I'll take it.)
You know, trading EU is a bitch for me, emotionally. Yeah, if I go long I feel like I am getting in bed with the devil's henchmen. Yet, if I go short I feel it is little 'ole me against Satan Himself!
I CAN'T BELIEVE IT! This bag of crap is actually making an early asian session move down, unbelievable! (I'll take it.)
You know, trading EU is a bitch for me, emotionally. Yeah, if I go long I feel like I am getting in bed with the devil's henchmen. Yet, if I go short I feel it is little 'ole me against Satan Himself!
- #28,318
- Edited 6:24pm Nov 22, 2011 6:06pm | Edited 6:24pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
EU:
Well, that was a nice little selloff, down 50+ pips, then WAMO! It stops, dead in its track. I had to check to make sure the computer was still working! Ok, so now it is moving again, somewhat. And this reminded me of my thoughts about how financial centers are growing up in asia, like never before! It's like the old west boom towns, giant financial houses springing up practically overnight.
I think I know why, too. The "Thieves of Wall Street" and their kind in europe, those greedy evil souls that conspired with their mortagage derivative bags of crap, and had it blow up in their faces, and demanded governement bailout so the non-rich would be left holding the bags, and thereby caused a global financial crisis,........ARE AT IT AGAIN!
They have been pumping the euro for over a year now, gotta have a lot of extended long positions, which they will be conspiring to transition to shorts as slyly as possible, so as to not upset the market before they escape, and leave the "little people" holding the bag AGAIN!
So, they've gone overseas, to asia. Now, when they go to sell off, they can "distribute" the market shock so it becomes less noticeable for what it really is!
Well, that was a nice little selloff, down 50+ pips, then WAMO! It stops, dead in its track. I had to check to make sure the computer was still working! Ok, so now it is moving again, somewhat. And this reminded me of my thoughts about how financial centers are growing up in asia, like never before! It's like the old west boom towns, giant financial houses springing up practically overnight.
I think I know why, too. The "Thieves of Wall Street" and their kind in europe, those greedy evil souls that conspired with their mortagage derivative bags of crap, and had it blow up in their faces, and demanded governement bailout so the non-rich would be left holding the bags, and thereby caused a global financial crisis,........ARE AT IT AGAIN!
They have been pumping the euro for over a year now, gotta have a lot of extended long positions, which they will be conspiring to transition to shorts as slyly as possible, so as to not upset the market before they escape, and leave the "little people" holding the bag AGAIN!
So, they've gone overseas, to asia. Now, when they go to sell off, they can "distribute" the market shock so it becomes less noticeable for what it really is!
Hi cfp, abit blur over the suggested trading timing. its asian time 1pm-4pm and 7pm-11pm. below you mentioned the CCI n QQE crossover are ard 1-2am meaning to enter that timing?
thanks sonic .. im glad i woke up very early today .. haha 200+pips in the bag ..
btw, the CCI and QQE crossover are around 1-2am .. already sleeping ..
its already long since yesterday.
Attachment
one advice .. stop trading live, try to get to know the market on demo and practice sonics trading method . meanwhile, collect the money around at least 100-200usd. get a micro account and trade accordingly using money management after ur demo trade is atleast 65-75% winning ratio..
p/s : i keep getting this server overload thingy....
- #28,320
- Nov 22, 2011 7:57pm Nov 22, 2011 7:57pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts