grumpy but still have a lot sense of humour
i was laughing out loud seeing your bull flag my mother tell me to shut up since it's midnight in here
oops sorry for getting you into trouble
- #582,701
- Jan 11, 2012 11:44am Jan 11, 2012 11:44am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
oops sorry for getting you into trouble
- #582,702
- Jan 11, 2012 11:47am Jan 11, 2012 11:47am
- Joined Jun 2007 | Status: Trading Live For The Last 14 Years. | 5,761 Posts
The Dove - Forex Trainer
- #582,703
- Jan 11, 2012 11:51am Jan 11, 2012 11:51am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
New to FF so just throwing out an idea... could we be up for a retracement in EUR/USD if USD/INX cant break 81.5 ...long @ 2670 TP 2870 SL2630
welcome to FF and the Eu thread which bounces between good trade conversation and berating each other
after any big move a retracement is always likely, even in a strong trend nothing moves in a straight line.
trading retracements and catching the start and end of trends is higher risk trading than looking to get in with the trend on a retracement or S&R level.
many people will blow their account looking for turns when infact trading with the trend normally provides enough meat to feed your trades.
best of all they try to predict and trade these turns in the market looking for a long ride with the new trend and then put short SL on and get thrown out anyway even when they did manage to catch one.
So if you are new to trading, stick with trend to get experience, don't predict the market but work out probabilities and trade the most likely ones.
- #582,706
- Jan 11, 2012 11:58am Jan 11, 2012 11:58am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
- #582,707
- Jan 11, 2012 12:05pm Jan 11, 2012 12:05pm
- Joined Jun 2007 | Status: Trading Live For The Last 14 Years. | 5,761 Posts
The Dove - Forex Trainer
- #582,709
- Jan 11, 2012 12:15pm Jan 11, 2012 12:15pm
- | Commercial User | Joined Feb 2008 | 7,907 Posts
The finest tool in the world still needs a MAN who KNOWS how to use it.
- #582,712
- Jan 11, 2012 12:17pm Jan 11, 2012 12:17pm
- | Joined Oct 2010 | Status: Trader | 1,539 Posts
How is it going gaiss. Hope you guys don't lose too much 
- #582,716
- Jan 11, 2012 12:20pm Jan 11, 2012 12:20pm
welcome to FF and the Eu thread which bounces between good trade conversation and berating each other
after any big move a retracement is always likely, even in a strong trend nothing moves in a straight line.
trading retracements and catching the start and end of trends is higher risk trading than looking to get in with the trend on a retracement or S&R level.
many people will blow their account looking for turns when infact trading with the trend normally provides enough meat to feed your trades.
best of all they try to predict...
Ive been trading on and off for about a year, still have a lot to learn and usually trade with the trend.
However, 81.50 has been a resistance back in Dec '10 and I dont think its going to give up so easily now. Add to that EUR/USD has made a short term double bottom.
I only take these trades when I see several criterias and with half the lot size I would take on a trade favoring the trend.
But as you mentioned trying to predict the market is impossible so I'm definitely not here for that.
- #582,718
- Jan 11, 2012 12:22pm Jan 11, 2012 12:22pm
- | Additional Username | Joined Aug 2010 | 1,745 Posts
- #582,719
- Jan 11, 2012 12:22pm Jan 11, 2012 12:22pm
- | Commercial User | Joined Feb 2008 | 7,907 Posts
The finest tool in the world still needs a MAN who KNOWS how to use it.
- #582,720
- Jan 11, 2012 12:22pm Jan 11, 2012 12:22pm
- Joined Jun 2007 | Status: Trading Live For The Last 14 Years. | 5,761 Posts
The Dove - Forex Trainer