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  • #565,181
  • Nov 23, 2011 3:46am Nov 23, 2011 3:46am
I'd like to see a break below 1.3401 and close below the Kumo via Weekly TF, we've already had a Kumo cross 4 weeks ago... and target 1.31278; pin bar low stop hunt for the TP

Do good stuff

Steve

Quoting Momomoney
Agree with SystemFX myself. Larger time-frames define trends and trend here is down folks. I will be looking for opportunities to short this and sit on the sidelines. No point in catching a falling knife.
  • #565,182
  • Nov 23, 2011 3:49am Nov 23, 2011 3:49am
Quoting phxmike
haha...

newbies were always good indicators!

this is newbie profit today... demo...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 23 nov..gif Size: 138 KB
  • #565,183
  • Nov 23, 2011 3:53am Nov 23, 2011 3:53am
Quoting bguguen
indeed but 3425 would be interesting to break having heavy buyers spotted at 1.3430/3440 area...
Agree with you, I'll be looking for bull traps.
  • #565,184
  • Nov 23, 2011 4:02am Nov 23, 2011 4:02am
Quoting fontu
Not know how you dare such long here in gu , breaks 5868 is a 5104 move down & not seeing though lower tf , daily seeing wave 3 of 5th or 3 down continuing & so 3ended from more down 4 & 5 to play before a correction for wave 4 towards 5878 may take place . anyway take care .not playing it . at daily support 5574 , may extend 5536 for a bounce though towards 5683? & next support 5427.


fontu
I don't use charts..they're totally useless to me..the reason that there are 95% losers in this game is because they all use charts..you have to be a contrarian to beat this game..that requires you to do the opposite of everyone else.
entry - 1.29250 s/l 200 pips
  • #565,185
  • Nov 23, 2011 4:04am Nov 23, 2011 4:04am
Quoting Forexprofit
Agree with you, I'll be looking for bull traps.
yea... im more intrigued to watch out for a Bear trap rather than a bull trap...
im suspecting EURUSD would spike below 1.3440/3430 area for a bear trap... often happens when buy orders are hiding below it... and there are some hefty one down there... personally i wont be looking to short on break... id prefer it to get back up to 1.3500 to see if the resistance there would hold the eurousd below before i enter short... bad idea to short near the bottom of the range...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #565,186
  • Nov 23, 2011 4:06am Nov 23, 2011 4:06am
less than that actually, its about 73% of ppl who lose.

ur thinking of 95% of ppl who gamble who lose

Quoting normfx
I don't use charts..they're totally useless to me..the reason that there are 95% losers in this game is because they all use charts..you have to be a contrarian to beat this game..that requires you to do the opposite of everyone else.
  • #565,187
  • Nov 23, 2011 4:08am Nov 23, 2011 4:08am
what crappy pa for hours. Is it me or does eu and uchf both want to go up. Market cant make up its mind
In other news: A ranger was trapped between a bull and a bear
  • #565,188
  • Nov 23, 2011 4:08am Nov 23, 2011 4:08am
Quoting normfx
I don't use charts..they're totally useless to me..the reason that there are 95% losers in this game is because they all use charts..you have to be a contrarian to beat this game..that requires you to do the opposite of everyone else.
So u are one of those nutbags who trades based on solar eclipses, planet alignments and such?
  • #565,189
  • Nov 23, 2011 4:10am Nov 23, 2011 4:10am
Quoting SystemFX2011
less than that actually, its about 73% of ppl who lose.

ur thinking of 95% of ppl who gamble who lose
Actually, the losers are 99% after 2 years and 1/2% after 5 years.

3 month losers are about 75%
entry - 1.29250 s/l 200 pips
  • #565,190
  • Nov 23, 2011 4:11am Nov 23, 2011 4:11am
Quoting Alexone
So u are one of those nutbags who trades based on solar eclipses, planet alignments and such?
Keep usin charts..loser..the % says you are.
entry - 1.29250 s/l 200 pips
  • #565,191
  • Nov 23, 2011 4:13am Nov 23, 2011 4:13am
nonsense... i personally know 4 brokers; i've already seen the stats.

Quoting normfx
Actually, the losers are 99% after 2 years and 1/2% after 5 years.

3 month losers are about 75%
  • #565,192
  • Nov 23, 2011 4:14am Nov 23, 2011 4:14am
Quoting normfx
Keep usin charts..loser..the % says you are.
So i was right...Well what does ur planet alignment say about the eurusd range on H1 breaking down atm? GBPUSD extra bullish? Glhf with ur 97% chance.
  • #565,193
  • Nov 23, 2011 4:15am Nov 23, 2011 4:15am
Quoting Alexone
So u are one of those nutbags who trades based on solar eclipses, planet alignments and such?
We need to start educating people the difference between useless and i don't know how to use

Anyway, covered shorts for +60pips.. Easy money
  • #565,194
  • Nov 23, 2011 4:19am Nov 23, 2011 4:19am
Wow I should've taken some contrarian peoples long calls here more seriously.
Out -15
  • #565,195
  • Nov 23, 2011 4:20am Nov 23, 2011 4:20am
FX Babie... told ya... go with the consensus.. if everyone here is saying short... why fight 'em

Quoting SystemFX2011

Switch to higher time frames... we're bearish... 1.3100 is on the cards.

1.3364 is next...

so be careful..

Do good stuff..

Steve
  • #565,196
  • Nov 23, 2011 4:20am Nov 23, 2011 4:20am
Quoting jayjb
We need to start educating people the difference between useless and i don't know how to use

Anyway, covered shorts for +60pips.. Easy money
Beautiful trade congrats. I missed it completely. And the funny part is i was waiting for a breakdown setup from when i woke up 4 hrs ago. Im tilting hard right now! Watching tvshows while Forex-ing is a nono! Edit: Incrediblle ty for the vouch. Im not here for vouches though and i dont think im 'vouchworthy' so if u want u can take it back. I really dont care about them.
  • #565,197
  • Nov 23, 2011 4:23am Nov 23, 2011 4:23am
beware guys for traps
  • #565,198
  • Nov 23, 2011 4:26am Nov 23, 2011 4:26am
Quoting Alexone
Beautiful trade. I missed it completely. And the funny part is i was waiting for a breakdown setup from when i woke up 4 hrs ago. Im tilting hard right now! Watching tvshows while Forex-ing is a nono! Edit: Incrediblle ty for the vouch. Im not here for vouches though and i dont think im 'vouchworthy' so if u want u can take it back. I really dont care about them.
Keep usin your little charts..you'll give it all back and plenty more.
entry - 1.29250 s/l 200 pips
  • #565,199
  • Nov 23, 2011 4:28am Nov 23, 2011 4:28am
such a pleasure to trade with market maker:
click sell = re-quote
click sell = re-quote
click sell = re-quote
next PA goes 50 pips lower without you ...
Price = the amount a greater fool is willing to pay!
  • #565,200
  • Nov 23, 2011 4:29am Nov 23, 2011 4:29am
OK, I was busy in the phone, saw my tp target had been hit. 10% is still running for an exotic tp at 1.30.

Some patterns are forming a buy opportunity, but speed is to high at the moment to buy.

So I guess I will stick to my morning trade for the rest of the day and have some other fun. Overtraded in the earlier days to know that is a good idea.
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