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  • #568,041
  • Nov 30, 2011 10:22am Nov 30, 2011 10:22am
I'm in a short long, longing for a short short
  • #568,042
  • Nov 30, 2011 10:23am Nov 30, 2011 10:23am
Wait for Friday after NFP to confirm if it will be bullish for a month to come. Regardless of euro problems because they are trying to cover it up or fudge it up. But the truth once again will come out in late Jan or Feb.
  • #568,043
  • Nov 30, 2011 10:23am Nov 30, 2011 10:23am
3 times it holds 4th time it breaks
Quoting bdsilvano
I have a pretty descent setup for eur/aud target 1.3750 long
  • #568,044
  • Nov 30, 2011 10:23am Nov 30, 2011 10:23am
Quoting cloggie
It is the same sh!t here on a day by day basis. 90% of the idiots here have never been profitable and they are the ones posting all the crap on the systems/strategy thread and in the threads like these only causing the very few that may have a change to make it to become consistently unsuccessful too. The blind leading the blind.

Out of the 300 readers looking at this now a few dozen are scammers and fraud and out of the rest of the 270 or so less then a handful are profitable, the rest are not, and of those at least 220-230 will never make it...
Really Cloggs, I use to think of you as a Chart Reading Machine, just like gator. The way it stands, it seems you're more than that. I do not mean to complement you, but just to let you know I'm jealous of your skills. It's like you're good at reading everything. Charts, News, Muppets, Posts...I thought I was the only one who saw that post....hmnnn
Don't just beat the markets, leave bruises.
  • #568,045
  • Nov 30, 2011 10:23am Nov 30, 2011 10:23am
I have an idea: At the end of the year you can prepare the Muppet Awards of 2011 and rate the top 10 muppets on the forum!!!



Quoting cloggie
You can tell there ain't a lot to trade right now, am busy poking the obvious characters. I am like a kid at times, if it smells like sh!t, looks like sh!t and acts like sh!t, I can't help myself.

But you got to be careful, poking is alright, you can't just stamp on it, that will just make a mess and it will spread all over the place.
Price = the amount a greater fool is willing to pay!
  • #568,046
  • Nov 30, 2011 10:25am Nov 30, 2011 10:25am
Quoting Pip-hunter
I have an idea: At the end of the year you can prepare the Muppet Awards of 2011 and rate the top 10 muppets on the forum!!!

and the top 10 of muppeteers
  • #568,047
  • Nov 30, 2011 10:25am Nov 30, 2011 10:25am
Quoting DeafPipster
Wait for Friday after NFP to confirm if it will be bullish for a month to come. Regardless of euro problems because they are trying to cover it up or fudge it up. But the truth once again will come out in late Jan or Feb.

yes I agree with you, they are trying to hide something on euro and before everyone knows this, euro will fly sky high. I am long bias on euro next month
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #568,048
  • Nov 30, 2011 10:25am Nov 30, 2011 10:25am
Quoting Pipbumper
and the top 10 of muppeteers

Ah crap, that's an easy one, nobody can hold a candle to me. Period.

I ain't a gambler, but I'll bet you I couldn't get odds on that one.
  • #568,049
  • Nov 30, 2011 10:26am Nov 30, 2011 10:26am
Quoting cloggie
There are still gaps from a few years back that need filling, wonder if any of those muppets are still stuck to their screens.....
Touche pic


I think many traders feel the need for "gap trading" because it does exist in the stock market (as well as others). There are entire strategies that revolve around gap trading as you so well know. And brokers showing it on our screens doesnt help either. I also fell for it until you started denying it at the top of your lungs. Well, the main culprit is feed and not knowing deep enough how real bank feeds show or work.
In other news: A ranger was trapped between a bull and a bear
  • #568,050
  • Nov 30, 2011 10:27am Nov 30, 2011 10:27am
Eu will go dooooooooown.

Buy my rumor, it's right. Sell it when europe announces that it's fixed (which will never happen)
  • #568,051
  • Nov 30, 2011 10:28am Nov 30, 2011 10:28am
Quoting Dagobert
3 times it holds 4th time it breaks
Whoever wrote that fallacy is a muppet.
  • #568,052
  • Nov 30, 2011 10:29am Nov 30, 2011 10:29am
Quoting Taigen
Yea, got to be good to the wifey. After all, they are the ones that make your world go round--not the market. Mine has put up with me for 38 years. And I her.

Unless the market is consistently irradic, I no longer use stops. I position small enough to where I ride out the market when it goes against me and add more to my position at the peaks. Sometimes I come way ahead or break even but rarely lose. Of course, there are those daffy 300-500 runs 4-5 times a year where I just have to cut my losses (but now without a 50% retrace).

I noticed...
its been a while I tried martingaling, until i lost 25% on a usdcad trade without SL at 700 pips back in 2009, oh well !!! but my starting positions used to be quite larger than what i have now...

so i think now my positions are 1/5th of that i should give it a try again working w/o SL
  • #568,053
  • Nov 30, 2011 10:29am Nov 30, 2011 10:29am
Quoting digiff
Touche pic


I think many traders feel the need for "gap trading" because it does exist in the stock market (as well as others). There are entire strategies that revolve around gap trading as you so well know. And brokers showing it on our screens doesnt help either. I also fell for it until you started denying it at the top of your lungs. Well, the main culprit is feed and not knowing deep enough how real bank feeds show or work.

10k says we will have at least a dozen of them again this Sunday. Like I said, I ain't a gambling man.
  • #568,054
  • Nov 30, 2011 10:31am Nov 30, 2011 10:31am
For those that occasionally open a TF larger then M1, we are playing in the wicked wicks of the west here so pleny of time for a bit of poking and muppetspotting.
  • #568,055
  • Nov 30, 2011 10:31am Nov 30, 2011 10:31am
Quoting Ultimate6
Whoever wrote that fallacy is a muppet.
3 times touched = strong resistance youre right my friend
  • #568,056
  • Nov 30, 2011 10:31am Nov 30, 2011 10:31am
He is the most successful trader of 2011. rest all are muppets.

How abt this? Lets decide what trophy to give him.
  • #568,057
  • Nov 30, 2011 10:31am Nov 30, 2011 10:31am
Quoting Dagobert
3 times it holds 4th time it breaks
no I know that im in good zone on Eur/aud. the below line is a very well good support. check weekly to see what I mean. and besides, Im a swing trader so I will let my position open as long as 1 month, so really Im in good shape
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There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #568,058
  • Nov 30, 2011 10:32am Nov 30, 2011 10:32am
Quoting Nachiket
He is the most successful trader of 2011. rest all are muppets.

How abt this? Lets decide what trophy to give him.

The market takes care of my trophies.
  • #568,059
  • Nov 30, 2011 10:32am Nov 30, 2011 10:32am
well in stocks i heard (i heard) gaps happen due to liquidity gaps also in fx that happens for few pips sometimes in lower tfs easy to spot and also in low liquidity those ticks can really mess up

but weekend gaps are imaginary.

obvious trap to see half or third gap close right? but then BANG. trap.

trade like there is no 'gap'/
Have I got something on my face, SOLDIER?
  • #568,060
  • Nov 30, 2011 10:33am Nov 30, 2011 10:33am
Quoting taw
Long @1.3466. Lets see if can get 20 pips
might see some profit taking before London closing.... next support i see is 3362 if 3442/3447 breaks
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