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  • #574,381
  • Dec 13, 2011 3:00pm Dec 13, 2011 3:00pm
Quoting Motion
Someone mentioned a falling three earlier. It's a bearish continuation pattern. I have my style of trading it though. Calculate the length of the first long bearish bar. Now subtract the value in pips from the close of the long bar. That's how far prices may travel before taking a break. Why not just cut your losses now and go to bed sweet and happy. Tomorrow is another day. With Uncle Ben doing so little today, the asians might wanna mirror the americans. 29760 is a 50pips way to go. Save it for another day. See ya'll tomorrow.
Intresting im not very good with these "patterns' Havent read any books about them. Thanks for the suggestion ...but i plan on leaving it be i dont wanna get 'trigger' happy and that includes adjusting sl and tp's ...The Asians started this trend and im thinking they may possibly wanna tp/ Good day to you sir and Have a wonderful evening..
"Pippin aint easy"
  • #574,382
  • Dec 13, 2011 3:01pm Dec 13, 2011 3:01pm
Quoting chazzle
algorhithm , I make them in my shed
Fair enough i had to google that...
"Pippin aint easy"
  • #574,383
  • Dec 13, 2011 3:02pm Dec 13, 2011 3:02pm
Quoting wormboy
He is?

Time to break that grumpy old cart out of jail then.

Cloggs you owe me one.
he wont be back
  • #574,384
  • Dec 13, 2011 3:05pm Dec 13, 2011 3:05pm
Quoting rolo1128
Just closed 75% of position at 1.3163, +170 pips. SL at BE for now. Entered near open of the daily for my broker. Letting the rest ride out. Lets see if we can break that weekly S2 and Monthly S1.
And it did plus more. Just closed the other 25% of this position at 1.30182. about +325 pips!
Will be watching what happens through this evening.

http://i168.photobucket.com/albums/u...u13dec2011.gif
The Eyes Believe What They See And The Ears Believe What Others Say.
  • #574,385
  • Dec 13, 2011 3:08pm Dec 13, 2011 3:08pm
Quoting balisurfer
buddy, you almost killing me. i was not focus, then follow your idea about Buy at that point. I lost 12 pips like your gambling...

thanks to all senior member here with their support and opened mind words.

P.S:
1. i hate talk on forum, prefer like passive reader. i registered on this forum because Kowalczyk almost trap me lol
2. don't trade if you horny! just a few minutes you sleep with your wife, your pips will negative
Anything you do is up to your jdgement and analisys, regardless of others opinions. Your loss happened because of you.
  • #574,386
  • Dec 13, 2011 3:14pm Dec 13, 2011 3:14pm
Quoting TzarPips
been away for awhile now but i see its business as usuall.
i do have abit of a situation i need a very sober opinion about so i figure its up your ally. posted a pic to help. i need wondering if there is any more ground to lose here, if i should tp now...or just lower my sl's to the lower 23 fib line?
been up for more hours than i should and a sorta powered by whiskey and now coffee so not sure i'm the best analyst right now!!!!
Ta!
so i guess there was plenty of ground to loose...!!! The floor of my channel is at about 2961...but am closing all trades...
missed out on that 3163 3ntry, support was taken to school...
Depending on those figures tomorrow i'll be looking to buy if we make it down to the bottom of the channel and all the way back up to 1.3000 (but this would kinda be counter trend, so we'll cross that bridge when we get there!)
Guard your pips jelously
  • #574,387
  • Dec 13, 2011 3:24pm Dec 13, 2011 3:24pm
Quoting Buitragojl
Fair enough i had to google that...
I was only joking , I'm not really bullish - we're down 130 on the day and 340 on the week so far , and it's only tuesday - who knows where it will end up? We could tank another 300 pips tomorrow .... we've only retraced 25 pips from the bottom so far today - a lot more easy trades out there than trying to guess the bottom , for me anyway. That's the thing with trading , for all I know there could be someone out there who makes a living off guessing the bottoms and tops lol - probably is

Anyways good luck with it , all the best
  • #574,388
  • Dec 13, 2011 3:36pm Dec 13, 2011 3:36pm
Quoting chazzle
I was only joking , I'm not really bullish - we're down 130 on the day and 340 on the week so far , and it's only tuesday - who knows where it will end up? We could tank another 300 pips tomorrow .... we've only retraced 25 pips from the bottom so far today - a lot more easy trades out there than trying to guess the bottom , for me anyway. That's the thing with trading , for all I know there could be someone out there who makes a living off guessing the bottoms and tops lol - probably is

Anyways good luck with it , all the best
I agree, many here are trying to guess the bottom,selling bulls to the rest, instead of listening to the market... I just register and at the beginning got a bit confused with so many market contradictory opinions. I'm not experienced, but I also don't try to predict anything.
  • #574,389
  • Dec 13, 2011 3:43pm Dec 13, 2011 3:43pm
Quoting Pip-hunter
Why they suspended Cloggie????

a few days off and the thread goes insane...
well, for what its worth, i think him a very good trader...hope he makes it back here....that MLA also had a couple of interesting posts...its sad to see them meet that kinda treatment over that little chap with an inflated over sensitive ego...
Guard your pips jelously
  • #574,390
  • Dec 13, 2011 3:48pm Dec 13, 2011 3:48pm
Quoting balisurfer
really?
nice idea
welcome to our little heaven
cheers mate.

I love bali. It's one of my favorite places.
  • #574,391
  • Dec 13, 2011 3:53pm Dec 13, 2011 3:53pm
Quoting bittervenge
I agree, many here are trying to guess the bottom,selling bulls to the rest, instead of listening to the market... I just register and at the beginning got a bit confused with so many market contradictory opinions. I'm not experienced, but I also don't try to predict anything.
cool - the quicker you find yourself a methodical way of trading the better - then you will know exactly what you have to wait for , the signs , the set-ups without jumping in and chasing price and relying on hope.
  • #574,392
  • Dec 13, 2011 4:07pm Dec 13, 2011 4:07pm
Quoting Fudomyo
cheers mate.

I love bali. It's one of my favorite places.
The same bali where police pay drug dealers to rat on the purchasers???

Just mind blowing stuff!
Enter Signature
  • #574,393
  • Dec 13, 2011 4:12pm Dec 13, 2011 4:12pm
well, looks like psyc is in play...1.3000 seems to have scared people away...but its only been about 30 or so pips...held last year...but the H4 channel base is still below it...so i see a staring game with my screen...or maybe a nap.

People please remember, picking bottoms and tops is great for you ego...not so much for your account, there is still enough potency in Asia to push it down...and the news tomorrow is worth looking out for.
Guard your pips jelously
  • #574,394
  • Dec 13, 2011 5:09pm Dec 13, 2011 5:09pm
in for a quick bite, think there is a shot for a touch of ~1.3050, however not allowing to give up to much on this, in at 1.3037 and out if we head below 1.3025
  • #574,395
  • Dec 13, 2011 5:32pm Dec 13, 2011 5:32pm
my plan
Attached Image (click to enlarge)
Click to Enlarge Name: 13dec11europlan.jpg Size: 116 KB
Don't have an ego. Always question yourself and your ability.
  • #574,396
  • Dec 13, 2011 5:33pm Dec 13, 2011 5:33pm
amazing speech, and no one seems to be paying attention to this guy.

Inserted Video
AVT INVENIAM VIAM AVT FACIAM
  • #574,397
  • Dec 13, 2011 5:37pm Dec 13, 2011 5:37pm
Quoting zaqzaq
Hi everybody,

Quick question for you all if you do not mind.

What news feed do you use for best up to date news effecting the Euro/Dollar?

Many thanks for your answer.
Talking Forex / RAN squawk. Audio feeds and cheaper than bloomberg or reuters.
  • #574,398
  • Dec 13, 2011 5:39pm Dec 13, 2011 5:39pm
Inserted Video


Inserted Video


Inserted Video
AVT INVENIAM VIAM AVT FACIAM
  • #574,399
  • Dec 13, 2011 5:43pm Dec 13, 2011 5:43pm
Quoting the redlion
amazing speech, and no one seems to be paying attention to this guy.

http://www.youtube.com/watch?v=FqAF-Alc7CM
Awesome clip thank you im from Texas and Im defenitley a Ron Paul 'guy'
"Pippin aint easy"
  • #574,400
  • Dec 13, 2011 6:08pm Dec 13, 2011 6:08pm
The 'looks like magic' video is great.

"Ron: Are you going to print money to help fund the IMF?

Ben: Nnoooooo...... .. . .. . "

Haha.
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