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EurAnalysis Kindergarten 24 replies

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  • #14,481
  • Dec 12, 2011 10:59am Dec 12, 2011 10:59am
Quoting Tom_D_Trader
You know nyfx, I am more of an a$$hole than trader, but let me tell you little story.

I have burned my first account right after 2008 Aftermath. I have backtested my account in 2008, before the storm. Everything looked cool and normal, idicators were working, so I took my money and started to trade.

Unfortunately, these are the times when technical indicators stop working. All technicals were screaming buy Tom, buy, it is oversold. And price kept falling and falling and fallin and..... Untill it hit the bottom. Yet after it hit it, idicators...
How do you vouch someone? I want to give you one for that. A pretty valuable lesson from the school of hard knocks.
  • #14,482
  • Dec 12, 2011 11:01am Dec 12, 2011 11:01am
Quoting Tom_D_Trader
Hehehe, that is Mindsets point of view. Well, mine is a bit different, and yet it is the same. Philosophically, I would like to understand everything and become one with the market. That is the peacefull part. But market is a chaotic creature which never stops evolving so in fact it is a never ending battle, when you are trying to find weaknesses of the creature so you can ride it.

T
You know, English is not my primary language, so I found it quite amusing when I saw on forums that people refer to the market as a "she". In fact, the market IS like a woman. Unpredictable, moody, generous without a reason, impossible to understand, you name it.

And from my very rich experience with women (I am twice divorced, that is) I found out that my moves are getting me the highest return when I don't try to fight them, but merely to "enchant" them. Like playing the same tune, having the same vibe. I don't always agree, from a logical point of view, but as long as I'm playing her tune, I "score".
  • #14,483
  • Dec 12, 2011 11:02am Dec 12, 2011 11:02am
Quoting Tyoon
How do you vouch someone? I want to give you one for that. A pretty valuable lesson from the school of hard knocks.
Hehe, first of all, you should vouch for people who you consider experienced traders, not to smarta$$es like me . And for the second, you will be allowed to vouch once you will receive four vouchers. And that usually takes some time.

edit: But I am glad you liked that, thx.

T
"I know one thing, that I know nothing." Sokrates
  • #14,484
  • Dec 12, 2011 11:03am Dec 12, 2011 11:03am
Quoting michaelnew
You know, English is not my primary language, so I found it quite amusing when I saw on forums that people refer to the market as a "she". In fact, the market IS like a woman. Unpredictable, moody, generous without a reason, impossible to understand, you name it.

And from my very rich experience with women (I am twice divorced, that is) I found out that my moves are getting me the highest return when I don't try to fight them, but merely to "enchant" them. Like playing the same tune, having the same vibe. I don't always agree, from a logical...
Hahaha legendary and very true
  • #14,485
  • Dec 12, 2011 11:05am Dec 12, 2011 11:05am
Quoting Tyoon
How do you vouch someone? I want to give you one for that. A pretty valuable lesson from the school of hard knocks.
You need at least 4 Vouches yourself before you can vouch for someone.
I don't care which way the market is going as long as it's going my way
  • #14,486
  • Dec 12, 2011 11:06am Dec 12, 2011 11:06am
I appreciate the input, I agree, fundamentals will always trump indicators any day. I am not a long term trader nor a scalper. I don't like holding trades more than a day or two at a time. I want to make my profit and reset as quick as possible nowadays. Ultimately I agree with everyone here that the Euro will probably be in a downtrend long term for a little longer however when I see the opportunities to go counter trend I will do it hopefully for some quick significant profits. I was actually short yesterday, just closed it too early and missed an additional 150 plus pip move, wasn't comfortable going to sleep with an open position so I just closed it for the gains I had. We'll see what happens with this new position but I believe it will make something.

Quoting Tom_D_Trader
You know nyfx, I am more of an a$$hole than trader, but let me tell you little story.

I have burned my first account right after 2008 Aftermath. I have backtested my account in 2008, before the storm. Everything looked cool and normal, idicators were working, so I took my money and started to trade.

Unfortunately, these are the times when technical indicators stop working. All technicals were screaming buy Tom, buy, it is oversold. And price kept falling and falling and fallin and..... Untill it hit the bottom. Yet after it hit it, idicators...
  • #14,487
  • Dec 12, 2011 11:07am Dec 12, 2011 11:07am
Quoting michaelnew
...as long as I'm playing her tune, I "score".
Rofl. Yes, you are right. So if we assume market is she you need to become one with her in order to score .

But what if it is not only she, but succubuss, who will let you to score only in order to take everything?

T
"I know one thing, that I know nothing." Sokrates
  • #14,488
  • Dec 12, 2011 11:07am Dec 12, 2011 11:07am
Quoting Tyoon
Hahaha legendary and very true
Thanks. That's hard learned wisdom.
  • #14,489
  • Dec 12, 2011 11:10am Dec 12, 2011 11:10am
We are at another (more micro level) decision point.

..
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  • #14,490
  • Dec 12, 2011 11:10am Dec 12, 2011 11:10am
Quoting Tom_D_Trader
But what if it is not only she, but succubuss, who will let you to score only in order to take everything?
T
that's complex
  • #14,491
  • Dec 12, 2011 11:12am Dec 12, 2011 11:12am
Quoting michaelnew
You know, English is not my primary language, so I found it quite amusing when I saw on forums that people refer to the market as a "she". In fact, the market IS like a woman. Unpredictable, moody, generous without a reason, impossible to understand, you name it.

And from my very rich experience with women (I am twice divorced, that is) I found out that my moves are getting me the highest return when I don't try to fight them, but merely to "enchant" them. Like playing the same tune, having the same vibe. I don't always agree, from a logical...
From one divorce and one successful marriage. I have learned one of the best things you can do is just smile, nod your head and agree with her no matter how wrong she really is. When she is dead set she is right and is wrong and she figures it out, just smile and pick up the pieces.
I don't care which way the market is going as long as it's going my way
  • #14,492
  • Dec 12, 2011 11:14am Dec 12, 2011 11:14am
Quoting PipKiller
From one divorce and one successful marriage. I have learned one of the best things you can do is just smile, nod your head and agree with her no matter how wrong she really is. When she is dead set she is right and is wrong and she figures it out, just smile and pick up the pieces.
Beautiful strategy, no wonder you're having a successful marriage now.
  • #14,493
  • Dec 12, 2011 11:16am Dec 12, 2011 11:16am
Quoting PipKiller
... When she is dead set she is right and is wrong and she figures it out, just smile and pick up the pieces.
Lol, that is a nice one. I need to remember this.
"I know one thing, that I know nothing." Sokrates
  • #14,494
  • Dec 12, 2011 11:17am Dec 12, 2011 11:17am
Quoting Tom_D_Trader
Rofl. Yes, you are right. So if we assume market is she you need to become one with her in order to score .

But what if it is not only she, but succubuss, who will let you to score only in order to take everything?

T
That's what risk management is for. Your SL is a prenuptual agreement when she runs off on you and you have to divorce the B---H.
I don't care which way the market is going as long as it's going my way
  • #14,495
  • Dec 12, 2011 11:18am Dec 12, 2011 11:18am
Sorry guys for posting charts all the time but look how beautiful this TL is.
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  • #14,496
  • Dec 12, 2011 11:18am Dec 12, 2011 11:18am
Quoting PipKiller
That's what risk management is for. Your SL is a prenuptual agreement when she runs off on you and you have to divorce the B---H.
I literally ROFL
  • #14,497
  • Dec 12, 2011 11:20am Dec 12, 2011 11:20am
Quoting Tyoon
Sorry guys for posting charts all the time but look how beautiful this TL is.
Yes, it is beautiful. But it will bounce back. All women are eventually bouncing back. Like changing their minds / moods / intentions. It's in their DNA. This is how they're built.
  • #14,498
  • Dec 12, 2011 11:28am Dec 12, 2011 11:28am
Quoting Tyoon
Sorry guys for posting charts all the time but look how beautiful this TL is.
Ok, I will join ya. Hit me hit me hit me. TP at 3146. Though I think we may be going lower. But hey, I need to cover somwhere.

T
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"I know one thing, that I know nothing." Sokrates
  • #14,499
  • Dec 12, 2011 11:28am Dec 12, 2011 11:28am
Quoting michaelnew
Yes, it is beautiful. But it will bounce back. All women are eventually bouncing back. Like changing their minds / moods / intentions. It's in their DNA. This is how they're built.
Oh she will, she will. She'll soon cheat on the bear and ride the bull dirty. She realizes she prefers bear and dumps bull to get down with the bear again. The market is a complex three way we try to predict all day everyday.

Slut.

Anyway. I am waiting for her to hit my target.
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  • #14,500
  • Dec 12, 2011 11:29am Dec 12, 2011 11:29am
Women...oh....women....Waiting last Stop for Euro Died
If there was easy money lying around,no one would be forcing it into your
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