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  • #571,601
  • Dec 8, 2011 4:39am Dec 8, 2011 4:39am
Take a look at my ugly H1 chart. Java platform is the only thing which cuts through our company defences. Anyway range is tightening between 3398 - 3421 and it also seems to me we are forming trianguloid something. Not that I would care to draw that. Market is obviously waiting for ECB. Ah I wish I were a scalper yet again.

T
Attached Image (click to enlarge)
Click to Enlarge Name: h1.jpg Size: 160 KB
"I know one thing, that I know nothing." Sokrates
  • #571,602
  • Dec 8, 2011 4:42am Dec 8, 2011 4:42am
Quoting cloggie
Well played, there is no solid bottom in place yet to play the reverse. Be happy with your 25 I guarantee you it will be loads better then most will manage here this morning.
Still tried long at 976 but got stopped out at BE! Meh...the sell move was very nice tho.
  • #571,603
  • Dec 8, 2011 4:42am Dec 8, 2011 4:42am
Hello guys,
After year and a half of putting all my mental strength and all my efforts to learn this business I regret to say that I must back off, close my account and never look at it again.
I know that you actually don't give a damn about me, but I will tell my story anyway.
I was introduced to forex by my colleague at work. I opened a demo of 3000 and blew half of it very soon. Then I recovered everything and doubled it in a month and a half. I tought WOW!!! I was hooked before I knew what was happening. Then I rushed and opened live micro account. At first I was doing good, up 10% and than blew half of it and very soon ALL of it. That is when I started to learn. I was searching for a 'golden' indicator, golden strategy... That was the second time when I failed. I blew my second live micro account. Then I figured out that there is nothing certain and started to actually look at the price, S&R, TL, this is what I have learned by reading your comments and advices. This time I opened a mini account. There were good times and bad times, I recovered all my losses and was in a profit a very short period of time, but then I lost two thirds of it by one stubborn decision to stay in a trade and actually add to it. After that it seems like I can't get my hands on it. 95% of the time my SL gets hit, TP very rarely. Every time when I think that I have figured it out it proves me wrong. It doesn't make any sense, like it's completelly random and without any pattern or rule, at least not the one that I am able to comprehend. So after tons of books and forum threads read, tons of hours in front of the computer, I have to close my account and save myself from complete breakdown.
I am writting all this to get it out of myself and feel better, since there is no one around me who I can talk to who could understand what I am going through, but actually I hope that this can help someone to save himself/herself from the same mistakes that I have made and which I am not aware of.
I wish you all happy trading and all the best in your lives.
donme
  • #571,604
  • Dec 8, 2011 4:43am Dec 8, 2011 4:43am
Quoting marf
fingers getting itchy.
better close your live trading platform and log into demo
Mohan
  • #571,605
  • Dec 8, 2011 4:43am Dec 8, 2011 4:43am
Quoting FXMastermind
1. I can read.

2. I can see through a shell of an egg.

3. I hired dozens of people for our company. The best in the business. That means several hundreds interviews. After such experience, it doesnīt take long to distinguish those who know their ways around from those who are just babbling nonsense.

I hired approx. 1 guy from 20. Approx. the same ratio applies on qualified posters here.
I am sure you know what you are doing. But what CV and what proof of skills did you get from Cloggie to hire him? Is it your well trained gut feel?
  • #571,606
  • Dec 8, 2011 4:48am Dec 8, 2011 4:48am
Quoting donme
Hello guys,
After year and a half of putting all my mental strength and all my efforts to learn this business I regret to say that I must back off, close my account and never look at it again.
I know that you actually don't give a damn about me, but I will tell my story anyway.
I was introduced to forex by my colleague at work. I opened a demo of 3000 and blew half of it very soon. Then I recovered everything and doubled it in a month and a half. I tought WOW!!! I was hooked before I knew what was happening. Then I rushed and opened live micro...
I admire people like you. In my universe you are the one with big marbles.
You have the courage to admit that you have been through hell. You are dealing with the problem. That is a prerogative of a great trader.
Just forget about the past and live in the present, relax and you will get there. I promise you.

you mate

mla
"The Heart is the hub of all dances; go there and chill out"
  • #571,607
  • Dec 8, 2011 4:48am Dec 8, 2011 4:48am
Quoting SirMcPip
I am sure you know what you are doing. But what CV and what proof of skills did you get from Cloggie to hire him? Is it your well trained gut feel?
Nope. I read approx. 3.000 his old posts and I am not done yet.

I tend to know before I judge.

...which is obviously something none of these kids who judge him here on daily basis canīt be bothered with.
Quant Hedge Fund CEO
  • #571,608
  • Dec 8, 2011 4:49am Dec 8, 2011 4:49am
Quoting kevintruong
what do you think about this ?


http://ng9.upanh.com/b1.s3.d1/235cd9...969.gu0812.gif
I'm bullish, where is your SL/PT?
My broker prices have a slightly different movement, I see different volume and shadows on my chart candles!
  • #571,609
  • Dec 8, 2011 4:51am Dec 8, 2011 4:51am
Quoting mla
I think we should do less talk and more charts, lets put our marble on the table and that includes the ladies.
Well I am not in this game too long but I love the look of this channel on the 4h. I am assuming that the news release of USD reduction in swap rates along with the agreement of the world banks threw off this channel. IF you bring up the daily, the bottom of said channel is the top of the previous down trend. I am not good enough at this to tell you where a target is but I am pretty sure of the direction.
Attached Image (click to enlarge)
Click to Enlarge Name: channel.gif Size: 25 KB
  • #571,610
  • Dec 8, 2011 4:52am Dec 8, 2011 4:52am
Quoting donme
Hello guys,
After year and a half of putting all my mental strength and all my efforts to learn this business I regret to say that I must back off, close my account and never look at it again.
I know that you actually don't give a damn about me, but I will tell my story anyway.
I was introduced to forex by my colleague at work. I opened a demo of 3000 and blew half of it very soon. Then I recovered everything and doubled it in a month and a half. I tought WOW!!! I was hooked before I knew what was happening. Then I rushed and opened live micro...
Hi Donme

My name is Flo and I only read this thread and don't comment - but your story has caught my eyes. I have been trading for nearly 2 years and I am not successful yet - but fortunately I have never opened a "big" account so my losses have been pretty small. Since I have learnt how to spot a bearish divergence and bullish divergence on 1 hour time frame only recently my trading is improving....right now I couldn't imagine to stop as it is my passion and I hope one day I will be successful - anyway I hope you are going to be ok - and I wish you the best...let me know if you want to get in touch outside of this thread.

Cheers up

Flo
  • #571,611
  • Dec 8, 2011 4:52am Dec 8, 2011 4:52am
Quoting mohan76
better close your live trading platform and log into demo
reminds of a scene in Airplane.
Operator: Captain, maybe we otta turn on the search light now?
Caption: No, that's just what they'll be expecting us to do.
  • #571,612
  • Dec 8, 2011 4:53am Dec 8, 2011 4:53am
Quoting mla
LOL,You are funny. mate, is rotated 180 from left to right. Can we talk about something else now? Did you finish the book? and what did you get out?
Did you find it difficult?

mla
Quite difficult but very valuable. Read it through once, but will read it a couple more times. Learned that a number of people find it indigestible. Pretty much something good in every paragraph.

I find that the E/U patterns are a mess by comparison to gold which breaks out very nicely -- unlike E/U.
Kill the ego, or it will kill the mission.
  • #571,613
  • Dec 8, 2011 4:54am Dec 8, 2011 4:54am
Quoting FXMastermind
Nope. I read approx. 3.000 his old posts and I am not done yet.

I tend to know before I judge.

...which is obviously something none of these kids who judge him here on daily basis canīt be bothered with.
What amazes me is that none of you guys who i asked to tell me why you think he is so great could give me any straight answer. Tell me how it improved your trading, how you implement his "knowledge" etc. What proof do you have that he is really that good? So details, please . I need to know what to pay for his signal service.
  • #571,614
  • Dec 8, 2011 4:56am Dec 8, 2011 4:56am
OMG almost spiked to my SL. o_O

LE : Bulls trying to keep support?
Please, just slap me around if I'm being silly ...
  • #571,615
  • Dec 8, 2011 4:56am Dec 8, 2011 4:56am
Quoting donme
Hello guys,
After year and a half of putting all my mental strength and all my efforts to learn this business I regret to say that I must back off, close my account and never look at it again.
I know that you actually don't give a damn about me, but I will tell my story anyway.
I was introduced to forex by my colleague at work. I opened a demo of 3000 and blew half of it very soon. Then I recovered everything and doubled it in a month and a half. I tought WOW!!! I was hooked before I knew what was happening. Then I rushed and opened live micro account....
i completely understand what you're going through. i'm a living example... of a failed trader but i'm not giving up! i guess i probably lost more than anyone here in terms of the highest % of my TOTAL wealth.

9 losing months in a row, from standard lots to mini lots..., frustration and all the other crap. maybe u want to go back to demo again? do it for a few months, when you're ready, come back with a mirco account.

never say DIE! have faith in yourself!
  • #571,616
  • Dec 8, 2011 4:56am Dec 8, 2011 4:56am
20 pip spark any news to support it
Mohan
  • #571,617
  • Dec 8, 2011 4:57am Dec 8, 2011 4:57am
Quoting bfis108137
Well I am not in this game too long but I love the look of this channel on the 4h. I am assuming that the news release of USD reduction in swap rates along with the agreement of the world banks threw off this channel. IF you bring up the daily, the bottom of said channel is the top of the previous down trend. I am not good enough at this to tell you where a target is but I am pretty sure of the direction.
Interesting mate, very organised. We all need to find our way.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #571,618
  • Dec 8, 2011 4:57am Dec 8, 2011 4:57am
Quoting SirMcPip
What amazes me is that none of you guys who i asked to tell me why you think he is so great could give me any straight answer. Tell me how it improved your trading, how you implement his "knowledge" etc. What proof do you have that he is really that good? So details, please . I need to know what to pay for his signal service.
I am not his PR agent. Make up your opinion. Read and use your brain, thatīs the best advice I can give you.

Hint: Cloggieīs not giving neither tips nor signals nor advices. He gives clues. If you are smart enough, you can use them to your advantage. If you arenīt, well, then you are probably not in the right business.
Quant Hedge Fund CEO
  • #571,619
  • Dec 8, 2011 4:58am Dec 8, 2011 4:58am
Quoting mohan76
20 pip spark any news to support it
According to a senior Eurozone source, giving the Eurozone's permanent bailout fund a banking license is off the table

Euro-Zone is likely to agree to a loan of EUR 150bln to the IMF via bilateral loans
  • #571,620
  • Dec 8, 2011 4:58am Dec 8, 2011 4:58am
Quoting SirMcPip
What amazes me is that none of you guys who i asked to tell me why you think he is so great could give me any straight answer. Tell me how it improved your trading, how you implement his "knowledge" etc. What proof do you have that he is really that good? So details, please . I need to know what to pay for his signal service.

give it up man..
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