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  • #588,561
  • Jan 26, 2012 6:54am Jan 26, 2012 6:54am
Quoting E-Money
I assure you it would be NO contest.....

Oh I am sure that the US would win in the end but not before the death toll was horrific on both sides.

If nukes were not used then it would end up a stalemate but China would own more of Asia and that is what they want.
  • #588,562
  • Jan 26, 2012 6:55am Jan 26, 2012 6:55am
those looking to secure a few pips can put a tight stop loss and sell and look to aim to 1.31086 up to 1.3095
  • #588,563
  • Jan 26, 2012 6:58am Jan 26, 2012 6:58am
Quoting Blacknightz
those looking to secure a few pips can put a tight stop loss and sell and look to aim to 1.31086 up to 1.3095
Me better wait for some kind of price activity. She may move both ways atm.
  • #588,564
  • Jan 26, 2012 7:00am Jan 26, 2012 7:00am
PA contained within a channel and its fibo extensions and projections support the idea that market is moving in a zig-zag pattern with the first leg completed at 1.2985 and the second one starting from 1.2875. having in mind this, to complete the latest interim leg we need a push to 1.32 then a corrective B wave /or maybe even a quicker X wave/ and then another interim zig-zag as 1.32 is 161 fibo projection of the previous move suggesting another zig-zag is coming.
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  • #588,565
  • Jan 26, 2012 7:01am Jan 26, 2012 7:01am
still up for me
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  • #588,566
  • Jan 26, 2012 7:03am Jan 26, 2012 7:03am
Quoting mercy seat
Short entry at 1.31642 again ...

Time 10h53 CET




;-|
Anyway ...

Summary of the activities until now ... midday in good old EUROPE ...

Highest been given (BID) has been aprox. 1.3175 ...

Our short entry has been at 1.31642 ...

After we had seen some small retracement into a first step of a dip we did cover some parts between 1.3144 and 1.3139 ...

Lowest mid price (MID) been aprox. 1.3136 and lowest been taken (ASK) has been aprox. 1.31367 (depends on your connections) ...

I have enough on board to be content in case it will go lower ...

And otherwise ... in case it pops up again I have more than enough "gun powder" to build up further and larger size short positions at higher levels than those which has been reached until now ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #588,567
  • Jan 26, 2012 7:05am Jan 26, 2012 7:05am
Breaking News --

Greek Debt deal not so complete after all.. parties are close to a deal, but deal requires additional public funding

EU's Rehn in speech minutes ago
  • #588,568
  • Jan 26, 2012 7:06am Jan 26, 2012 7:06am
Quoting Doc'
still up for me
IMHO something bearish is cooking, short-term at least.
Strong bearish stochastic divergens on M30, H1.
But stalled atm. Waiting for BO.

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  • #588,569
  • Jan 26, 2012 7:09am Jan 26, 2012 7:09am
Quoting realjumper
There's plenty of people here who are much better traders than I am, or ever will be. Like I say, making 250 -300 pips per week (on average) isn't too hard. When we get ranging markets, which is a fair amount of the time, the weekly average might come down to 150 - 200 pips. When we have a decent trend running, it might be 350 - 400 pips. It just depends on what the market wishes to give me

How long? Well I'm half way through my 4th year, and the first 3 years were very tough. Like many people, I took some pretty big losses along the way, but it...
thanks for the info. i've been trading for 1 year and yes... big big losses. looks like i've got another 3 more years to go.
  • #588,570
  • Jan 26, 2012 7:10am Jan 26, 2012 7:10am
Quoting sdcasper
if been trading for five years and in the same position as i was day one. there is too much to learn and not enough time. im on the west coast. with a wife and kid. and a full time job. i can really only trade at midnight to 3am. in a state of exhaustion.

for part timers this is a 10 year learning curve. but i wont give up as i will not go to work for some schmuck the rest of my life.
there isn't really much to learn, all you need to learn is, candlestick patterns and how to draw support & resistance levels and trend lines
and make sure you use proper money management
and thats it!

you don't need to learn how to use any indicators or learn complicated strategies
just trade off price action, keep it simple!
- The Dude
  • #588,571
  • Jan 26, 2012 7:11am Jan 26, 2012 7:11am
Quoting dchristi
LOL...to be honest, on that chart, I don't have a clue. Completely random choice. Price is all that matters to me...the colors of the bars is not something I pay attention to.
you mean instead of looking at charts, you just watch the screen and get the feeling of the trend that is building up?
Better get rich slowly rather than going broke fast.
  • #588,572
  • Jan 26, 2012 7:12am Jan 26, 2012 7:12am
Morning everyone - levels and channels - waiting for data release:
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  • #588,573
  • Jan 26, 2012 7:14am Jan 26, 2012 7:14am
It is very odd. But after starring at the screen for so long, sometimes you get like a gut feeling that is telling that there is gonna be a move in a certain direction. It is really hard to put my finger on it, but something in the brain clicks and says you should do this and this. It doesn't always happen, but when it does the impulse is very strong. The hard part is completely trusting it.

Quoting piptopip
you mean instead of looking at charts, you just watch the screen and get the feeling of the trend that is building up?
  • #588,574
  • Jan 26, 2012 7:16am Jan 26, 2012 7:16am
they got them too you know...start getting used to rice and noodles

Quoting E-Money
Yea, it's called a nuke
  • #588,575
  • Jan 26, 2012 7:21am Jan 26, 2012 7:21am
Quoting DragonEye
'Cause ppl trading their beliefs not the market....
Well said!
Better get rich slowly rather than going broke fast.
  • #588,576
  • Jan 26, 2012 7:21am Jan 26, 2012 7:21am
Wondering if this quick pop is a suckers play...then south....seems like the NY way...
  • #588,577
  • Jan 26, 2012 7:23am Jan 26, 2012 7:23am
Elastic ...
  • #588,578
  • Jan 26, 2012 7:24am Jan 26, 2012 7:24am
Out of my short from 1,3172
Waiting for new highs to reload shorts.

Everything above the high should be a good short
COT: The precious data ignored
  • #588,579
  • Jan 26, 2012 7:28am Jan 26, 2012 7:28am
Move looks very strong, hopefully it will break 1.3200
'For the market to work, it needs people who think that they can beat it.'
  • #588,580
  • Jan 26, 2012 7:28am Jan 26, 2012 7:28am
Quoting DragonEye
But stalled atm. Waiting for BO.

Attachment
Everyone has caught this nice BO?
SL +11 pips atm
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