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  • #583,381
  • Jan 12, 2012 7:26pm Jan 12, 2012 7:26pm
Anyone know what might be affecting gold suddenly.

Do we have a major open going on?
  • #583,382
  • Edited 8:38pm Jan 12, 2012 7:33pm | Edited 8:38pm
Quoting happytrader
haha, yes. looking to long at 2800 area. thanks for helping me with my rule. thanks buddy!

sometimes i think about this a lot, people (most of them) on ff forum are so sincere and willing to help the noob even when they don't know each other in real life.

i wish i'd known about ff long before i met my FOREX GURU! made all kinda wonderful promises and his sincerity is 0! just care about his course fees and nothing else. he didn't even give a shit about my progress at all. that idiot.
it like pass it forward , lot of people helped me to come this stage , following people hold me.
PayTheLimit did baby siting ,
PhAnTi teach me how to read chart
cloggie teach me how to wait for target
gatorinla indirectly teach how to reduce SL size.

we can have coffee together when i visit Malaysia next time, are you in Kuala Lumpur ?
Mohan
  • #583,383
  • Edited 7:57pm Jan 12, 2012 7:41pm | Edited 7:57pm
Quoting Kingshaz
I been trading for 6 months , have lost lot of money on the verge of giving up, I have a plan but never follow it to the end, and mess it up halfway through, I ve been reading ff since I started , I ve got sells at 1.2744, 55, 73, and 75 was thinking of taking a hit as it looks like it ll go up, any advice guys? Mohan I always read ur threads are very informative...
S& R (support and resistant ) good way to start if you have trouble reading it from Chart
check Daily S & R @
http://www.actionforex.com/markets/p...2010040848154/

wait for entry and stay cool

edit : you have to adopt few ruled

1. never average a loosing trade
2. have sl (long below support and short above resistant)
Mohan
  • #583,384
  • Jan 12, 2012 7:41pm Jan 12, 2012 7:41pm
Hi guys...i'm new here. Just want to share my trade. Sell at 1.2840. TP 1.25??...... sl at 1.2880.
  • #583,385
  • Jan 12, 2012 7:51pm Jan 12, 2012 7:51pm
Quoting mohan76
it like pass it forward , lot of people helped me to come this stage , following people hold me.
PayTheLimit did baby siting ,
PhAnTi teach me how to read chart
cloggie teach me how to wait for target
gatorinla indirectly teach how to reduce SL size.

we can have coffee together when i visit Malaysia next time, are you in Kuala Lumpur ?
sure ! but i'm not in kuala lumpur very often.
  • #583,386
  • Jan 12, 2012 7:54pm Jan 12, 2012 7:54pm
Quoting mohan76
S& R (support and resistant ) good way to start if you have trouble reading it from Chart
check Daily S & R @
http://www.actionforex.com/markets/p...2010040848154/

wait for entry and stay cool
Thanks bro, hope I get my chance to get rid of my shorts
  • #583,387
  • Jan 12, 2012 8:08pm Jan 12, 2012 8:08pm
Quoting Kingshaz
I been trading for 6 months , have lost lot of money on the verge of giving up, I have a plan but never follow it to the end, and mess it up halfway through, I ve been reading ff since I started , I ve got sells at 1.2744, 55, 73, and 75 was thinking of taking a hit as it looks like it ll go up, any advice guys? Mohan I always read ur threads are very informative...
A plan is good, well necessary, but your problem has nothing to do with the plan. It's all mental. The hardest thing to overcome in trading. There are a lot of winners here. Don't listen to them. Most are on demo. Demo trading has nothing to do with anything.

My suggestion is start reading about and training your mind, and be ready. It will take you years...

I might add, most of the trading psychology writings out there are WRONG.
  • #583,388
  • Jan 12, 2012 8:19pm Jan 12, 2012 8:19pm
Quoting Sayap111
Hi guys...i'm new here. Just want to share my trade. Sell at 1.2840. TP 1.25??...... sl at 1.2880.

good trade , i have one too @ 839 but SL @ 920 targeting the lows again @ 660
  • #583,389
  • Jan 12, 2012 8:22pm Jan 12, 2012 8:22pm
Quoting Kingshaz
I been trading for 6 months , have lost lot of money on the verge of giving up, I have a plan but never follow it to the end, and mess it up halfway through, I ve been reading ff since I started , I ve got sells at 1.2744, 55, 73, and 75 was thinking of taking a hit as it looks like it ll go up, any advice guys? Mohan I always read ur threads are very informative...
On Attilas comment about psychology books made me think of this;

The Tao of Poker

Poker strategy is makes good points in this area too.
  • #583,390
  • Jan 12, 2012 8:24pm Jan 12, 2012 8:24pm
Quoting todstars2
On Attillas comment about psychology books made me think of this;

The Tao of Poker

Poker strategy makes good points in this area too.
I'm not familiar with that but here's something to think about: Plan the trade and trade the Plan is impossible to achieve...

I know what's coming at me, but I stand by this statement.
  • #583,391
  • Jan 12, 2012 8:36pm Jan 12, 2012 8:36pm
Quoting mohan76
S& R (support and resistant ) good way to start if you have trouble reading it from Chart
check Daily S & R @
http://www.actionforex.com/markets/p...2010040848154/

wait for entry and stay cool

edit : you have to adopt few ruled

1. never average a loosing trade
2. have sl (long below support and short above resistant)

Thanks
  • #583,392
  • Jan 12, 2012 8:43pm Jan 12, 2012 8:43pm
Quoting attila
A plan is good, well necessary, but your problem has nothing to do with the plan. It's all mental. The hardest thing to overcome in trading. There are a lot of winners here. Don't listen to them. Most are on demo. Demo trading has nothing to do with anything.

My suggestion is start reading about and training your mind, and be ready. It will take you years...

I might add, most of the trading psychology writings out there are WRONG.
Thanks bro
  • #583,393
  • Jan 12, 2012 8:52pm Jan 12, 2012 8:52pm
market is boring time to chill out

Inserted Video
Mohan
  • #583,394
  • Jan 12, 2012 9:20pm Jan 12, 2012 9:20pm
Captured a long from 1.2770 to 1.283 earlier. Re-entered long at 1.2796 and moved to BE. Hope to see a strong push to 1.2870-1.29 at London.

Easier to go with the trend and 30/1h/4hr its up at the moment.
  • #583,395
  • Jan 12, 2012 9:23pm Jan 12, 2012 9:23pm
Bullish seen as 4hr& daily have shown the double bottom
hope greece event today not spoil this trend
Attached Image (click to enlarge)
Click to Enlarge Name: euro15.JPG Size: 94 KB
Bismillah
  • #583,396
  • Jan 12, 2012 9:40pm Jan 12, 2012 9:40pm
Quoting krunfx
Bullish seen as 4hr& daily have shown the double bottom
hope greece event today not spoil this trend
i agree, and i also hope haha, im currently long.
looks good though, there was a 4 hr close above 1.2817 resistance level so i think it will go up at least to the trendline before falling...
thats my 2 cents
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd confluence.PNG Size: 39 KB
  • #583,397
  • Jan 12, 2012 9:58pm Jan 12, 2012 9:58pm
For you traders who are long or running short TF trend lines - place a 200 SMA on your 1 hour chart. And if that doesn't break - then down it will come.
The Dove - Forex Trainer
  • #583,398
  • Jan 12, 2012 10:02pm Jan 12, 2012 10:02pm
Quoting dove_alliance
For you traders who are long or running short TF trend lines - place a 200 SMA on your 1 hour chart. And if that doesn't break - then down it will come.
wow..i see...... but??...
Bismillah
  • #583,399
  • Jan 12, 2012 10:03pm Jan 12, 2012 10:03pm
Quoting thaiboxerad
i agree, and i also hope haha, im currently long.
looks good though, there was a 4 hr close above 1.2817 resistance level so i think it will go up at least to the trendline before falling...
thats my 2 cents
truee..true....
Bismillah
  • #583,400
  • Jan 12, 2012 10:05pm Jan 12, 2012 10:05pm
Quoting krunfx
wow..i see...... but??...
Smiling - that is a very hard resistance..
The Dove - Forex Trainer
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