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  • #565,221
  • Nov 23, 2011 4:49am Nov 23, 2011 4:49am
Quoting normfx
Awww don't like your lil gambling venture upset? lol here ya go idiot.

Although NFA forced brokers to show the number of profitable and losing retail traders per quarter they are not obliged to say what the turnover is and therefore there is no way of knowing what the long term (2 year for example) success rate of forex traders is. We merely know that in the very short term (quarter) about 50-70% are unprofitable but this is most likely increased to a figure between 95-99% after a two year period. After searching for a while I could find some...
I think one of the main reason why these figures pops out is that after 2-3 years of forex people go to futures or other markets or with ecn brokers not with some European broker and you should never trust the Chinese...they still ban words like "the freedom or speech" on google.
  • #565,222
  • Nov 23, 2011 4:50am Nov 23, 2011 4:50am
Quoting SystemFX2011
me too, i think we all did... I think I lost more than most here before i started to come profitable...lol.. what can i say, i learn the hard way...

roll on a decade + later, it was a good investment to know where i F***ed up and capitalized on it big time...

Do Good stuff

Steve
Ah, you needed to call to office to make a trade then, and when the site broke down, they were so kind to ask you which trade you wanted to close ...with a sexy voice
  • #565,223
  • Nov 23, 2011 4:50am Nov 23, 2011 4:50am
Just hit the daily support 1,338x...a sustained move below 1,336x and bye bye bulls for good.

A move back to 1,36xx can still be played...ECB needs to step in though...lazy bastards
COT: The precious data ignored
  • #565,224
  • Nov 23, 2011 4:52am Nov 23, 2011 4:52am
Quoting Lazar83
I rarely write here, dont have time , dont need advices...but i do like to read posts from time to time , of some rookie experts I am really enjoying reading posts , and laughing my ass of the chair . Any way keep posting and make my day better.


PS. Me and boys from the office have developed a excellent manual system,we read the posts , and watch for people from cloogys list, and their predictions.So if those people make a call , we count them per page , and if there is more then 10 , we make a counter trade. So far system is making 97%...
another smart ass wanna be?
When life gives you lemons, make lemonade
  • #565,225
  • Nov 23, 2011 4:53am Nov 23, 2011 4:53am
Quoting kuroro001
Just hit the daily support 1,338x...a sustained move below 1,336x and bye bye bulls for good.

A move back to 1,36xx can still be played...ECB needs to step in though...lazy bastards
do not put too much effort in buying, maybe NY can change the direction, but it is almost turkey time
  • #565,226
  • Nov 23, 2011 4:53am Nov 23, 2011 4:53am
Quoting Alexone
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.
Don't worry, there's always a next boat!

I wanted to shift my TP level down to 81 but being on the train and only having a lousy iphone app, i decided to just stick to the previous key support, tempted to go for a long scalp right now from 88 though..

must resist and just short rallies
  • #565,227
  • Nov 23, 2011 4:54am Nov 23, 2011 4:54am
Well, one broker I'm with I already have a pre-arrangement... the others, yeh, anything over a 1000 lots i need to call in.

The other one i'm with, I already have the data of volume coming in and out and I accommodate based on the figures to size up my lots accordingly...

sucks though, cos I gotta share the proceeds with the guy who sets me up with the numbers...

mind you, not a bad trade off I guess.

Do i win all the time? nah, still get losses from time to time from making stupid mistakes... but such is life...

Do good stuff

Steve

Quoting Pipbumper
Ah, you needed to call to office to make a trade then, and when the site broke down, they were so kind to ask you which trade you wanted to close ...with a sexy voice
  • #565,228
  • Nov 23, 2011 4:55am Nov 23, 2011 4:55am
Quoting kuroro001
Just hit the daily support 1,338x...a sustained move below 1,336x and bye bye bulls for good.

A move back to 1,36xx can still be played...ECB needs to step in though...lazy bastards

my forecast is not running, i thought .3430 was the support point, but bearish happening. now i got 3 open potition 50 in red....
  • #565,229
  • Nov 23, 2011 4:58am Nov 23, 2011 4:58am
LOL...

Didn't they intervene just the other day?

I wouldn't mind seeing it pop back up there too... I f**ked up on a GBP/USD trade (sleep deprived) so been hedging all day on it... so yeh, would be nice to see EUR/USD go back up... in mean time, gonna have to average down while i scalp here and there to get on good grounds with the stubborn trade i adopted...

Do good stuff

Steve

Quoting kuroro001
A move back to 1,36xx can still be played...ECB needs to step in though...lazy bastards
  • #565,230
  • Nov 23, 2011 5:01am Nov 23, 2011 5:01am
Grab urself a Forex LTD demo account, load up USDX, take a gander at the daily time frame... see the supply up there? $79.75... once we hit there, it's gonna drop, that's ur sign (u prolly already know; but just saying)... then load up on fiber, cable, aussie, kiwi for a nice ride back up

Quoting Pipbumper
do not put too much effort in buying, maybe NY can change the direction, but it is almost turkey time
  • #565,231
  • Nov 23, 2011 5:03am Nov 23, 2011 5:03am
Quoting jayjb
Don't worry, there's always a next boat!

I wanted to shift my TP level down to 81 but being on the train and only having a lousy iphone app, i decided to just stick to the previous key support, tempted to go for a long scalp right now from 88 though..

must resist and just short rallies
We are clearly on the same page with this. I might just buy it. Tho it is pretty fing scary right now i have to say. Dunno...we ll see.
  • #565,232
  • Nov 23, 2011 5:06am Nov 23, 2011 5:06am
Quoting SystemFX2011
Grab urself a Forex LTD demo account, load up USDX, take a gander at the daily time frame... see the supply up there? $79.75... once we hit there, it's gonna drop, that's ur sign (u prolly already know; but just saying)... then load up on fiber, cable, aussie, kiwi for a nice ride back up
all except the ltd demo I knew, but thanks anyway. I really want to talk in this thread about trading eu, getting hints, getting better

Not highlighting personal stuff & frustration.

Hope we can improve this thread
  • #565,233
  • Nov 23, 2011 5:07am Nov 23, 2011 5:07am
Quoting micho
another smart ass wanna be?
classic new forex system 99% accurate...lol!


I"m short EU is that ok...

I have have a new thread where I've posted my charts one of the EU if
anyone wants to look at it...

Swing trading with Andrew's pitchforks and volume analysis
Attached Image (click to enlarge)
Click to Enlarge Name: EU 120 min.jpg Size: 186 KB
  • #565,234
  • Nov 23, 2011 5:08am Nov 23, 2011 5:08am
its time to make a push up right up, or is it me only one who thinks like that?
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #565,235
  • Nov 23, 2011 5:09am Nov 23, 2011 5:09am
As we can see from the chart,Gold during Asian session unable to sustain it move when it broke Yesterday High.Create Channel then fall back.

If Gold able to break UP our Daily Pivot and stay for a while there,we might expect the market to head North.Keep on eye on few potencial SR Level if it goes up:

1) Yesterday High - 1705.02 (1st Resistance)
2) Resistance - 1713.19 (2nd Resistance)
3) Weekly Pivot - 1742.00 (3rt Resistance)

However, if the market is heading North,it MUST break Monthly Pivot and stay a while there,then on Bearish is confirm.Beware of 1679.00 (Strong Support + Fib Level)


Twinsummit
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD 1.0.gif Size: 73 KB
Trade what you SEE, don't trade what you FEEL. Be Smart! - (Webadoi)
  • #565,236
  • Nov 23, 2011 5:10am Nov 23, 2011 5:10am
Quoting micho
another smart ass wanna be?
just a smart ass from the other side of your click for trade!
Help to be helped.
  • #565,237
  • Nov 23, 2011 5:13am Nov 23, 2011 5:13am
Quoting bayfisherman
classic new forex system 99% accurate...lol!


I"m short EU is that ok...

I have have a new thread where I've posted my charts one of the EU if
anyone wants to look at it...

Swing trading with Andrew's pitchforks and volume analysis
Here's another one of the 99%..he's another guesser ..he has no edge..its sad really..He knows without an edge he has no shot...you have to have an edge..guessing doesn't work.
entry - 1.29250 s/l 200 pips
  • #565,238
  • Nov 23, 2011 5:13am Nov 23, 2011 5:13am
Quoting Pipbumper
all except the ltd demo I knew, but thanks anyway. I really want to talk in this thread about trading eu, getting hints, getting better
Fair play matey; i'm on the same page

Quoting Pipbumper
Not highlighting personal stuff & frustration.


Quoting Pipbumper

Hope we can improve this thread
It's not the thread that needs improving, it's the attitude adjustments of some ppl that need improving I reckons
  • #565,239
  • Nov 23, 2011 5:14am Nov 23, 2011 5:14am
Quoting Alexone
We are clearly on the same page with this. I might just buy it. Tho it is pretty fing scary right now i have to say. Dunno...we ll see.
Take a look at this

http://www.forexfactory.com/showthre...53#post5154153

Posted at the start of the week, we're currently right here at the lower trendline and it's another key support (draw a line at 81 on your h4)

will wait for this h4 candle to close before trading
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_nov23.JPG Size: 121 KB
  • #565,240
  • Nov 23, 2011 5:16am Nov 23, 2011 5:16am
Quoting SystemFX2011
me too, i think we all did... I think I lost more than most here before i started to come profitable...lol.. what can i say, i learn the hard way...

roll on a decade + later, it was a good investment to know where i F***ed up and capitalized on it big time...

Do Good stuff

Steve
how much did u lose?
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