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  • #586,321
  • Jan 20, 2012 4:31am Jan 20, 2012 4:31am
Quoting KillerWhale
I have a long that is up 1 pip at the moment, wonder if I should take this gain?
I would if you have 10 full lots...lol
  • #586,322
  • Jan 20, 2012 4:31am Jan 20, 2012 4:31am
Quoting DarkWolF
How about entry, stop loss placement, risk managment ?
you raise a good point - i would say that what you highlighted are more specific principles.

i think of it in the following terms

five principles = statute - they represent the enshrined rules that i adhere too always (or at least try too)

entry, stop loss placement, risk managment = case law - give meaning to my principles as i learn how to interpret and use them effectively.

I apologise if thats a wack explanation - i cant escape my legal background

  • #586,323
  • Jan 20, 2012 4:32am Jan 20, 2012 4:32am
Quoting KillerWhale
I have a long that is up 1 pip at the moment, wonder if I should take this gain?

was it in the plan?

assumming an RR of 3:1 that means your SL was 1 pip below spread? tight trading very impressive. take and repeat?
  • #586,324
  • Jan 20, 2012 4:33am Jan 20, 2012 4:33am
Daily Pivots: (S1) 1.2880; (P) 1.2926 (R1) 1.3013
very nice, good price..!
  • #586,325
  • Jan 20, 2012 4:34am Jan 20, 2012 4:34am
close all position with 16% profit.
  • #586,326
  • Jan 20, 2012 4:35am Jan 20, 2012 4:35am
Quoting mohan76
just got home , who killed my bull ? , let me see can it recover ?
I finally got my butt on chair too bro..
to me its more like technical retracement
Patience, Emotion Control and Discipline.
  • #586,327
  • Jan 20, 2012 4:35am Jan 20, 2012 4:35am
Shit, an ad going on on TV now about saving the humane society. They have wonderful music but how can I save the animals? I just ate 40 shrimps.
And my dog? He got about 1 third of it.
My dog loves me because he gets spoiled all the time. Gonna cost him years of his life but he doesn't realize that.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #586,328
  • Jan 20, 2012 4:36am Jan 20, 2012 4:36am
Quoting MaxDoom
target zone reached

61.8% retrace of yesterday low to todays high reached.

a little divergence on my chart.

tentative long taken will add as shes moves.

EDIT: and it was 96.1 pips on my chart
You are the man....good call....
  • #586,329
  • Jan 20, 2012 4:37am Jan 20, 2012 4:37am
Quoting johncen
I finally got my butt on chair too bro..
to me its more like technical retracement
this week profit taking was due , dax back in 6400 may bull trying to get upper hand
Mohan
  • #586,330
  • Jan 20, 2012 4:37am Jan 20, 2012 4:37am
Quoting screwup
close all position with 16% profit.


short from 1.2950 at 1.2910

holding the rest until respective TP

add short from 1.2920
  • #586,331
  • Jan 20, 2012 4:38am Jan 20, 2012 4:38am
UNOFFICIAL source says there is a pressconference coming up at 11 GMT, from GREECE. Stay alert.
  • #586,332
  • Jan 20, 2012 4:40am Jan 20, 2012 4:40am
how far up?

Assuming that this has just completed the bottom of a wave 4 of 5 on the hourly then I have targets scattered from 1.3011 to 1.3164 with no clear winner.

This normally means a short 5th wave so I will target the 1.3000 to 1.3045 zone if this continues to move up.
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  • #586,333
  • Edited 5:03am Jan 20, 2012 4:41am | Edited 5:03am
Quoting netfrofit
sell @ 1.2963 SL 1.2990 TP 1.2818
Try Friday Luck >>
Hi,netfrofit! could you please share that indicator with us!! wht's it? Looks interesting! does it repaints?
  • #586,334
  • Jan 20, 2012 4:44am Jan 20, 2012 4:44am
Quoting mohan76
this week profit taking was due , dax back in 6400 may bull trying to get upper hand
beginning of the year is always busy..
I hardly find myself in front of my chart
Patience, Emotion Control and Discipline.
  • #586,335
  • Jan 20, 2012 4:44am Jan 20, 2012 4:44am
how long has everyone been trading?

maxdoom ?
  • #586,336
  • Jan 20, 2012 4:45am Jan 20, 2012 4:45am
Quoting ali_baba
how long has everyone been trading?

maxdoom ?

I am very old, over 15 years
  • #586,337
  • Jan 20, 2012 4:46am Jan 20, 2012 4:46am
I´m out for now.
Don't know if it holds and is a retrace to higher values.
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  • #586,338
  • Jan 20, 2012 4:53am Jan 20, 2012 4:53am
Quoting MaxDoom
I am very old, over 15 years
max how is your long doing?
  • #586,339
  • Jan 20, 2012 4:53am Jan 20, 2012 4:53am
Quoting ali_baba
how long has everyone been trading?

maxdoom ?
why are u asking this and why do you think we should answer you?
  • #586,340
  • Jan 20, 2012 4:55am Jan 20, 2012 4:55am
Quoting Nachiket
max how is your long doing?

I have not ask it...

+23 & +28


well it was
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