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  • #581,201
  • Jan 8, 2012 10:07am Jan 8, 2012 10:07am
Quoting samdani786
No offence

Fuck you all!

No offence to anyone intended.
The Thief of Wall Street
  • #581,202
  • Jan 8, 2012 10:16am Jan 8, 2012 10:16am
Quoting samdani786
No offence

Haha nice comical TA!
  • #581,203
  • Jan 8, 2012 10:16am Jan 8, 2012 10:16am
Quoting Chicky
Fuck you all!

No offence to anyone intended.
cute
If there was easy money lying around,no one would be forcing it into your
  • #581,204
  • Jan 8, 2012 10:20am Jan 8, 2012 10:20am
Quoting Chicky
Fuck you all!

No offence to anyone intended.
I can't help smiling when I read this...
  • #581,205
  • Jan 8, 2012 10:29am Jan 8, 2012 10:29am
Quoting mercy seat
Final version of a TABLE SURVEY ...

TABLE with ZIGZAG + PIVOT SURVEY for the needs of trading the EUR/USD pair:

2012-01-06_00h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-01 va

This is an advanced skills ZIGZAG + PIVOT SURVEY for experienced traders and user circles of strategy development who are concerned with suitable methods of successfully trading by the use of appropriate strategies.

Stops* for position trades again and still...
Preliminary version of a TABLE SURVEY ...

TABLE with ZIGZAG + PIVOT SURVEY for the needs of trading the EUR/USD pair:

2012-01-06_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-01 va

This is an advanced skills ZIGZAG + PIVOT SURVEY for experienced traders and user circles of strategy development who are concerned with suitable methods of successfully trading by the use of appropriate strategies.

Stops* for position trades lowered at around 1.2947 and then still above 1.3143 / 64 zone ...

Only a cross of above 1.2859 would stregthen the upside for a limited move towards 1.2900 (corrective in nature) ... palim palim ...

* Stops can be used for entries as well ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #581,206
  • Edited 11:14am Jan 8, 2012 11:00am | Edited 11:14am
Quoting abinezer
Great Plan...I really liked the way you put yourself for new traders. I am also one of them and I have tried quite a few patterns but nothing is working positive on my side. Also, if I have a 1K account what is the lot size that I should usually go for?
Anyone, as well as I, who is successful would tell you that you should not trade with a lot size any bigger than .10. Most here, and many are successful at it, trade with just one position--I don't. I'm just not that good at finding the tops and bottoms as those people.

For 1k accounts:

Risk should be no more than 1%. That is ten buckaroos of risk capitol which comes to a 1 buck position. If you are shorting the EUR/USD (the long term trend is down so you really have no business doing counter trend long trades until you are more experienced) I would break up my ten pips as follows:

This is my 1-2-3-4 plan.

-Position 1 pip at a fib breakthrough say 23.6
-Next is 2 pips breaking the 38.2
-Your 3rd position of 3 pips at the 50% retracement
-and your 4th position (if you get that far--don't feel obligated to use all positions) of 4 pips say 20 or so beyond your last trade or wherever the momentum takes you.

What if the market is still going against you? You should be able to sweat it out past a hundred pips. Since you are new, you may want to use a stop loss but be careful. This is where most traders lose there money only to see the market turn in your favor.

One more recommendation. You should, at least at this juncture, stay with one currency pair and I would recommend the EUR/USD. Don't bounce around, or at least just yet. Guys who do multiple pairs are either losers or experienced.

Try that a few times and see what happens.

Good luck my friend.
Taigen Profit This Month: na
  • #581,207
  • Jan 8, 2012 11:16am Jan 8, 2012 11:16am
Quoting robert7
what is the logic behind the sketch???
Just trying to express the situation in a cheerful manner . I know that sometimes , joke can be offended so sorry for that if that is what happened.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #581,208
  • Jan 8, 2012 11:21am Jan 8, 2012 11:21am
Quoting samdani786
Just trying to express the situation in a cheerful manner . I know that sometimes , joke can be offended so sorry for that if that is what happened.
Nothing wrong mate ' continue your good and hard work ;; seen your great charts time and again ' great work ' keep it up
finding A M S
  • #581,209
  • Jan 8, 2012 11:24am Jan 8, 2012 11:24am
[quote=Taigen;5276519]Anyone, as well as I, who is successful would tell you that you should not trade with a lot size any bigger than .10. Most here, and many are successful at it, trade with just one position--I don't. I'm just not that good at finding the tops and bottoms as those people.

For 1k accounts:

Risk should be no more than 1%. That is ten buckaroos of risk capitol which comes to a 1 buck position. If you are shorting the EUR/USD (the long term trend is down so you really have no business doing counter trend long trades until you are more experienced) I would break up my ten pips as follows:

This is my 1-2-3-4 plan.

-Position 1 pip at a fib breakthrough say 23.6
-Next is 2 pips breaking the 38.2
-Your 3rd position of 3 pips at the 50% retracement
-and your 4th position (if you get that far--don't feel obligated to use all positions) of 4 pips say 20 or so beyond your last trade or wherever the momentum takes you.

What if the market is still going against you? You should be able to sweat it out past a hundred pips. Since you are new, you may want to use a stop loss but be careful. This is where most traders lose there money only to see the market turn in your favor.

One more recommendation. You should, at least at this juncture, stay with one currency pair and I would recommend the EUR/USD. Don't bounce around, or at least just yet. Guys who do multiple pairs are either losers or experienced.

Try that a few times and see what happens.

Good luck my friend.[/QUOTE

Thank you for your help. For any sized accounts, lot size should be 10% of the account size and the stoploss should be 1% of the account size. Is that correct I focus only on 1 currency i.e E/U. I did not understand your plan 1-2-3-4. Was that in order to fetch pips?
  • #581,210
  • Jan 8, 2012 11:27am Jan 8, 2012 11:27am
Quoting prashant7
Nothing wrong mate ' continue your good and hard work ;; seen your great charts time and again ' great work ' keep it up
Thanks buddy. Trading doesnt have to be so boring you know . Sitting in front of the computer watching the screen all the time so I decided to make my charts little comical type so people can smile a little thats all. Have a great trading year
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #581,211
  • Jan 8, 2012 11:28am Jan 8, 2012 11:28am
Quoting samdani786
Thanks buddy. Trading doesnt have to be so boring you know . Sitting in front of the computer watching the screen all the time so I decided to make my charts little comical type so people can smile a little thats all. Have a great trading year
Great trading year for you too' mate '
finding A M S
  • #581,212
  • Jan 8, 2012 11:32am Jan 8, 2012 11:32am
Quoting samdani786
Thanks buddy. Trading doesnt have to be so boring you know . Sitting in front of the computer watching the screen all the time so I decided to make my charts little comical type so people can smile a little thats all. Have a great trading year
I see a gap opening for EU this week on the higher side ' did you hear the same ?
finding A M S
  • #581,213
  • Jan 8, 2012 11:39am Jan 8, 2012 11:39am
Quoting samdani786
Just trying to express the situation in a cheerful manner . I know that sometimes , joke can be offended so sorry for that if that is what happened.
Good grief! You don't have to apologize for a thing. Some around here go on a scouting party trying to get offended. I thought it was cute and please, please, please keep it up!

Chicky is probably some jr high kid anyway discovering he can say the 'f' word when his mom is not around. That's how some people get there kicks and it's easy to do behind a screen.
Taigen Profit This Month: na
  • #581,214
  • Jan 8, 2012 11:41am Jan 8, 2012 11:41am
Quoting prashant7
I see a gap opening for EU this week on the higher side ' did you hear the same ?
It can and should but the problem is even though we had good #s for the NFP on friday, Stock market did not rally at all . In fact Eur-Usd went down. In short , Fundies are not supporting bulls at all . I think we may get bounces but they will be sold immediately. This is just my opinion and as you know in forex, anything can happen . We are very close to the Monthly TL ( 2500/30 ) and I think it is hard to beleive that we will go up without touching it . Lets see
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #581,215
  • Jan 8, 2012 11:48am Jan 8, 2012 11:48am
Quoting samdani786
It can and should but the problem is even though we had good #s for the NFP on friday, Stock market did not rally at all . In fact Eur-Usd went down. In short , Fundies are not supporting bulls at all . I think we may get bounces but they will be sold immediately. This is just my opinion and as you know in forex, anything can happen . We are very close to the Monthly TL ( 2500/30 ) and I think it is hard to beleive that we will go up without touching it . Lets see
Yes ' i was also pretty confused with fundies giving support to usd instead of EUR ' but it did support nzd for a time being and then its just mixed response all over a bit ' we may get a clear picture this week i guess '
finding A M S
  • #581,216
  • Jan 8, 2012 11:48am Jan 8, 2012 11:48am
Quoting samdani786
It can and should but the problem is even though we had good #s for the NFP on friday, Stock market did not rally at all . In fact Eur-Usd went down. In short , Fundies are not supporting bulls at all . I think we may get bounces but they will be sold immediately. This is just my opinion and as you know in forex, anything can happen . We are very close to the Monthly TL ( 2500/30 ) and I think it is hard to beleive that we will go up without touching it . Lets see
On friday, after NFP data release, the market did not respond to fundamentals, it went purely on technicals I beleive.....
  • #581,217
  • Jan 8, 2012 11:55am Jan 8, 2012 11:55am
Quoting Taigen
Good grief! You don't have to apologize for a thing. Some around here go on a scouting party trying to get offended. I thought it was cute and please, please, please keep it up!

Chicky is probably some jr high kid anyway discovering he can say the 'f' word when his mom is not around. That's how some people get there kicks and it's easy to do behind a screen.
Thanks for the support man. To me, you all are good people with loving hearts but everyone has a different point of view about different things and I respect that and thats why I said sorry if someone felt bad. We all need to focus on making pips while keep our minds fresh and healthy. Find a reason to smile here and there is always good. Lets have a great pippin week starting today. Good Luck.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #581,218
  • Jan 8, 2012 12:24pm Jan 8, 2012 12:24pm
Quoting samdani786
Thanks for the support man. To me, you all are good people with loving hearts but everyone has a different point of view about different things and I respect that and thats why I said sorry if someone felt bad. We all need to focus on making pips while keep our minds fresh and healthy. Find a reason to smile here and there is always good. Lets have a great pippin week starting today. Good Luck.
u too :-)
Pecunia non olet
  • #581,219
  • Jan 8, 2012 12:32pm Jan 8, 2012 12:32pm
Long @ 1.2685
New voice message: Why are you calling me? If I need you, I'll call you!
  • #581,220
  • Jan 8, 2012 12:35pm Jan 8, 2012 12:35pm
dont sell this shit if you missed the train before....

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