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  • #575,721
  • Dec 16, 2011 5:19am Dec 16, 2011 5:19am
@ Max Doom: thanks for reply. Yeah, news time I know but I have recognized that spread widen (0.2 Pips about) in last days and I'm asking whether lots of pros are just on holidays right now, any hint ?

@fxkiller: You have a PM.

greets Jack
  • #575,722
  • Dec 16, 2011 5:19am Dec 16, 2011 5:19am
Randomly searching a while back I found this PDF claiming to make XOX number of pips per day .. I didn't understood it ... See if it makes sense to anybody !!!!
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File Type: pdf Blessing System.pdf   326 KB | 1,133 downloads
Human
  • #575,723
  • Dec 16, 2011 5:21am Dec 16, 2011 5:21am
Quoting JackintheBox
@ Max Doom: thanks for reply. Yeah, news time I know but I have recognized that spread widen (0.2 Pips about) in last days and I'm asking whether lots of pros are just on holidays right now, any hint ?
..
Pro´s aint providing liquidity. But Financial institutios, like hedge funds and banks start to close their books since beginning of December. Now the liquidity of the market could be like 15-20% lesser than normal.

T
"I know one thing, that I know nothing." Sokrates
  • #575,724
  • Dec 16, 2011 5:21am Dec 16, 2011 5:21am
while you guys are debating on the subject it has been falling (about 15 pips ) and is good enough. fxkiller was right. Technical analysis might work in ranging market not otherwise.
  • #575,725
  • Dec 16, 2011 5:22am Dec 16, 2011 5:22am
Quoting Retek
Friday is not the day for those with bad nerves.
is there a day for people with bad nerves?
  • #575,726
  • Edited 5:34am Dec 16, 2011 5:23am | Edited 5:34am
Quoting theIEguy9_09
No such thing as trend clown....You made a clear mistake and most of these traders on here probably don't see...all they see is the market dipping but if you make a short in the last 15min of a one hour candle that is green your risking the market possibly exploding on you so the safe bet would be to wait for the market to start a new fresh bar....You should know this MR. 2006 come on now I shouldn't have to explain this...Its simple
You really think, this 1H chart baby moves will make any diffrence for an trade entry? It doesnt matter where the candle close, the main point is to know,where the candle will go next....think..!
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  • #575,727
  • Dec 16, 2011 5:25am Dec 16, 2011 5:25am
Quoting Mr.MaginCole
Look for a thread in this forum called "The Really Useless Thread". It was set up by experienced, smart, intellectual forex traders like you who are too smart to be here with the rest of us muppets. Once you reach there they will introduce you to the basics of Tech Analysis......yet again. So you say Tech Analysis is for idiots?
Ohh really there are experienced traders?? LOL I know how pro they are.. but its ok.. no dicuss on that

again... tech. analy. are only for market overview from past and not support for future.. my view and my trading style..
  • #575,728
  • Dec 16, 2011 5:26am Dec 16, 2011 5:26am
Quoting fxkiller
yes and exactly this is the reason why everyone of you fail in forex on an long time ride..!

techinal analysis are just an overview of market and will never tell you where the market will go in upcoming minutes..

if you follow your chart and draws your funny trend lines, they all are from your past moves and will not tell you the upcoming moves..

but foreget it, i know that you guys will never understand forex and will not face the truth..
Is a 'support' line drawn on a chart significant intrinsically? No. But when countless traders are watching the exact same support line, suddenly it becomes extremely significant. Whether or not you value TA, you can't simply ignore the fact that a lot of traders use it heavily, and will be looking at levels/indicators that you may be ignoring.
  • #575,729
  • Dec 16, 2011 5:27am Dec 16, 2011 5:27am
are we finally cracking?
  • #575,730
  • Dec 16, 2011 5:27am Dec 16, 2011 5:27am
Quoting fxkiller
yes and exactly this is the reason why everyone of you fail in forex on an long time ride..!

techinal analysis are just an overview of market and will never tell you where the market will go in upcoming minutes..

if you follow your chart and draws your funny trend lines, they all are from your past moves and will not tell you the upcoming moves..

but foreget it, i know that you guys will never understand forex and will not face the truth..
Why assume everyone here trades on TA only? Why assume people here wants a long ride?
Short term trading became more popular exactly because of times like this, where no one knows where the market will go, and volatility is imperative. I'm not a scalper, but know many who make a living out of it. Do they know less forex than you or me? Fuck no.
And if the way to go is fundamentals (you only mentioned: "you guys will never understand forex...") say something about it. Because I believe most people check and combine fundamentals with whatever else they use.
  • #575,731
  • Dec 16, 2011 5:29am Dec 16, 2011 5:29am
Quoting fxkiller
You really think, this 1H chart baby moves will make any diffrence for an trade entry? It doesnt matter where the candle close, the main point is to know,there the candle will go next....think..!
Ok...answer then....When did the market start to slide after your entry? You entered ...market went up some forcing you to start to leak in your Mickey Mouse drawls just for the new 1hr bar to start for the initial slide to happen....Play word games with people who do not know any better...What makes more sense people....to go short on a 1hr green bar 15min before it closes or wait 15min for it to close just to wait for the movement you expected with NO DRAWDOWN!!! Lol your hilarious guy..TRULY...I have seen other traders with FX in front of their name act like their really trading too...I see multiple bad calls with entrys on charts just to see the market dip on them...Then I look @ the 350 people in the room to see if anybody caught this conflict and nothing the people just keep posting crappy trades on top of profitable trades and of course people arent paying attention to the shit charts..why? cuz they never come up again
  • #575,732
  • Dec 16, 2011 5:29am Dec 16, 2011 5:29am
Quoting bittervenge
Why assume everyone here trades on TA only? Why assume people here wants a long ride?
lol with long ride i mean to stay for an long time in forex business with continuesly growing with your funds and not blowing the accounts after some months...
  • #575,733
  • Dec 16, 2011 5:31am Dec 16, 2011 5:31am
@Tom_D_Trader: Thanks a lot ! That's what I wanted to hear, I guessed something like that (that big Insti's closing books) but I thouhgt just next week, not on beginning of december but that makes sense, thank you again !
  • #575,734
  • Dec 16, 2011 5:32am Dec 16, 2011 5:32am
Quoting theIEguy9_09
Ok...answer then....When did the market start to slide after your entry? You entered ...market went up some forcing you to start to...............
see i told it, you guys will never understand the real game behind the charts... 95%..
no worry do your job and i am doing my job..
  • #575,735
  • Dec 16, 2011 5:32am Dec 16, 2011 5:32am
Quoting MaxDoom
behave kiddies concentrate on this great short emerging before your eyes
did anybody else get on board ?
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  • #575,736
  • Dec 16, 2011 5:33am Dec 16, 2011 5:33am
Quoting fxkiller
see i told it, you guys will never understand the real game behind the charts... 95%..
no worry do your job and i am doing my job..
You did your job...Entered wrong...I would of took +5 from your dumbass and went on my way...
  • #575,737
  • Dec 16, 2011 5:34am Dec 16, 2011 5:34am
Seems like price is unable to break resistance @ 1.3045 (weekly s3) which provided some support during the fall this week.

I think a short @ 1.3045 with a 20 pip sl and aim for 1.3000 is a good trade.
  • #575,738
  • Dec 16, 2011 5:35am Dec 16, 2011 5:35am
Quoting MaxDoom
did anybody else get on board ?
Nice one, well exploited. Don't check M5 much.
  • #575,739
  • Dec 16, 2011 5:37am Dec 16, 2011 5:37am
Quoting theIEguy9_09
You did your job...Entered wrong...I would of took +5 from your dumbass and went on my way...
why +5 ? it was on +15 but still i did not took it
  • #575,740
  • Dec 16, 2011 5:39am Dec 16, 2011 5:39am
Quoting MaxDoom
did anybody else get on board ?

yes yes

managing those piggies!!

ALWAYS!
________________________________________________________

DAX still nothing special..

Italy found stable ground around 6,8%...just under default level...or is that 5,5%??!?

Later.
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