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  • #589,481
  • Jan 29, 2012 5:27am Jan 29, 2012 5:27am
Quoting orzels
It not possible to withdraw a bonus, even with scamers.
market open with gap?
  • #589,482
  • Jan 29, 2012 5:36am Jan 29, 2012 5:36am
LOL

Everyone getting hyped up by Trendica?

Good Luck, I'm sure next week you will make 200%.
Or more?

Only I'd rather keep my both feet on the floor.
And just make 5%
New voice message: Why are you calling me? If I need you, I'll call you!
  • #589,483
  • Edited 6:22am Jan 29, 2012 6:05am | Edited 6:22am
if somebody is able to trade like trendica then this may be working for him. this should be accepted and respected as he is risking his own money.

but...

everybody, especially new traders should know that this trading-style is far away from any proper money management and includes an enormous amount of risk. to trade like this doesnt only need a trading-system which is fitting perfectly to the trader but also and major a mindset which is not easy to maintain. there is no need of making 30% a day. if you could make 2% a day in average, you are on a really good way. furthermor to trade without a stoploss is not recommended. if you got stopped out too much, better think of placing your stoploss at another level.

and now it would be nice if we could concentrate on eurusd.

cheers
.:: your stop loss is another trader's first target ::.
  • #589,484
  • Jan 29, 2012 6:16am Jan 29, 2012 6:16am
Quoting mk77ch
if somebody is able to trade like trendica then this may be working for him. this should be accepted and respected as he is risking his own money.

but...

everybody, especially new traders should know that this trading-style is far away from any proper money management and includes an enormous amount of risk. there is no need of making 30% a day. if you could make 2% a day in average, you are on a really good way. furthermor to trade without a stoploss is not recommended. if you got stopped out too much, better think of placing your stoploss...
And in addition to that you shouldnt believe everything you see and hear here in FF or on any other forum whether someone is showing their account statements or not. Just check out how even the repectable brokers are advertising their services and creating views of forex trading being very easy business. (No offense Trendica! Just saying this on general level.).

You should remember that this is the gateway to the world of money and hope. Use common sense and be critical!
  • #589,485
  • Jan 29, 2012 6:37am Jan 29, 2012 6:37am
In the Weekly chart, EUR/USD bounced on the long term uptrend trend line and also 52-week low. The upper trend line acts as dynamic resistance level (around 1.34) (trend line fan pattern).



In the Daily chart, EUR/USD just closed above a minor resistance zone: 1.30762 – 1.31956. To make sure the reversal to be sustainable, in theory, EUR/USD should form a support level (higher lows). I think that a potential support zone is from 1.3 to 1.32.


http://lcchong.files.wordpress.com/2...ng?w=837&h=380


http://lcchong.files.wordpress.com/2...ng?w=837&h=380
  • #589,486
  • Jan 29, 2012 6:44am Jan 29, 2012 6:44am
Friday before going to bed , i have place pending @ 3231 with 2 broker for 10 scalping, @ one broker its filled and closed on other i can see maximum of 3218 (PA) and order still pending (small lot), i wonder where it going to open and what will hapen to my pending and S/l
Mohan
  • #589,487
  • Jan 29, 2012 6:56am Jan 29, 2012 6:56am
Anticipation is the key for this week trading. In the weekly chart 20 ema resistance around 1.3360. That should provide an opportunity to go short for a trade.

On the daily chart, resistance will be at the 81 ema 1.3270, thus the coverging point for this 2 resistance will be around 1.3315. This resistance point will not change the current trend but what we want is a low risk high return entry point.

Then it depends on each trader's skill to get that entry window. Good luck and happy trading.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: weekly.jpg Size: 253 KB
Click to Enlarge Name: daily.jpg Size: 272 KB
Trade2Win
  • #589,488
  • Jan 29, 2012 7:03am Jan 29, 2012 7:03am
Lol so funny, everyone has different points were it should turn
New voice message: Why are you calling me? If I need you, I'll call you!
  • #589,489
  • Jan 29, 2012 7:13am Jan 29, 2012 7:13am
I tell you it will reverse at around 1.35-1.36.
We might see a little daily correction though, because we hit the top of the 4h upwards trendchannel.
  • #589,490
  • Jan 29, 2012 7:16am Jan 29, 2012 7:16am
Quoting Schnitzel
I tell you it will reverse at around 1.35-1.36.
We might see a little daily correction though, because we hit the top of the 4h upwards trendchannel.
posible....
Bismillah
  • #589,491
  • Jan 29, 2012 7:26am Jan 29, 2012 7:26am
Quoting Trendica
It is simple friend.... I withdraw ALL the money as I don't wana risk again the profit while I am trading, plus my strategy work best with just as law as 2 - 4k.

You might ask now..... "But why you will even withdraw the principle and open a NEW account to trade in?" It is simple...

So I gain again the bonus that my broker will give me for trading (up to 50% bonus I gain everytime, my style of trading makes me gain ALL the 50%, as I trade 10 million USD in volume )

I think you understand me now...
Casino,s motto: not to let the player go:the longer he plays the more he loses
  • #589,492
  • Jan 29, 2012 7:43am Jan 29, 2012 7:43am
Does a 600 pips move and every trendline broken in the universe mean a trendchange or a minor correction., how about a 1000 pip minor correction still?

I guess it depends on your point of view
  • #589,493
  • Jan 29, 2012 7:45am Jan 29, 2012 7:45am
Just an observation has anyone noticed ?
  • #589,494
  • Jan 29, 2012 7:51am Jan 29, 2012 7:51am
Quoting mkvy
Just an observation has anyone noticed ?
Yes that typically happens. Theres a system in FF built into this. In case youre interested, check out Central banks and big players.
  • #589,495
  • Jan 29, 2012 8:03am Jan 29, 2012 8:03am
Thanks for the tip.... I may even practise it this week.... Smallest timeframe for me is 1 minute...
  • #589,496
  • Jan 29, 2012 8:04am Jan 29, 2012 8:04am
Quoting mkvy
Just an observation has anyone noticed ?
Of Course it does reverse, London hates Frankfurt.

Maybe inheritance from WW2?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #589,497
  • Jan 29, 2012 8:09am Jan 29, 2012 8:09am
Weekly Chart
Attached Image (click to enlarge)
Click to Enlarge Name: EUW1.jpg Size: 104 KB
  • #589,498
  • Jan 29, 2012 8:19am Jan 29, 2012 8:19am
i am still bullish from here ; 1.35/36 and i will re-evaluate ... flat here though. waiting for asia ....
  • #589,499
  • Jan 29, 2012 8:20am Jan 29, 2012 8:20am
Quoting Wulfgar
actually any real trader is constantly looking for the counter trend move to hedge the larger move in case of a continuation/reversal
Yes, any real amateur trader would do that.
  • #589,500
  • Jan 29, 2012 8:26am Jan 29, 2012 8:26am
Quoting mkvy
Just an observation has anyone noticed ?
You're almost there, but look harder. When you find out, just keep it to yourself.
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