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  • #597,041
  • Feb 19, 2012 6:15pm Feb 19, 2012 6:15pm
Quoting coolkaps4u
I am planning to buy house with this money and stop all trading.
Yeah, but if you can continue to trade with consistent profits, why not take out the money to buy a home later on, when it won't even make a dent in your capital?

At least that's what I'm going for.

There is always a risk for pitfalls, of course.
  • #597,042
  • Feb 19, 2012 6:18pm Feb 19, 2012 6:18pm
Quoting seanpark
you can do it again whenever you want to...
faith hope charity...
Yeah When I invested.. I invested in mind that I can loose all this money and still live with my life.
Now my family wants a house and I have a kid so responsibility lies there..
Trading I can start anytime when I have surplus.

I don't want to leave as I made some money But Family First ..
Also, I got addictive to trading thinking about only money..money etc..
So need to concentarcte on my full time job too
  • #597,043
  • Feb 19, 2012 6:19pm Feb 19, 2012 6:19pm
This right here is for the bears. If you're long, just move on to the next post.

1. If you're short, you're right. At least to 3100 and some target below.
2. The market has never left a weekend gap unclosed. It may take days, weeks, or months...but it will definitely close.
3. Don't be scared out of your shorts on a wellington/sydney morning trading session. It's just some bigger players toying with your brain using the lack of volume to bully you. The lack of trading volume usually attracts more volatility. After all, it's easier to move the markets if there are barely any traders taking the opposite side of your trade, right?
4. Do not use up your arsenal on an entry, always have some gunpowder left.

This is my 4 cents for the week. Don't look for me......I'm off to the lab!
Don't just beat the markets, leave bruises.
  • #597,044
  • Feb 19, 2012 6:22pm Feb 19, 2012 6:22pm
euro still going no where
Attached Image
When life gives you lemons, make lemonade
  • #597,045
  • Feb 19, 2012 6:29pm Feb 19, 2012 6:29pm
looking to short this suckaaaa
  • #597,046
  • Feb 19, 2012 6:38pm Feb 19, 2012 6:38pm
Quoting Dyekid217
looking to short this suckaaaa
hell yeah! LoL~!
me too..
  • #597,047
  • Feb 19, 2012 6:40pm Feb 19, 2012 6:40pm
s&p 500 nearing nice point to short (double top @ 73 now at 68) only think worries me is USA holiday ,
Mohan
  • #597,048
  • Feb 19, 2012 6:44pm Feb 19, 2012 6:44pm
Quoting seanpark
immediate retrace to 1.31970 and going back and come down and look for real support.
first need to go to 1.3166
making money is easy in forex, losing money is even easier...
  • #597,049
  • Feb 19, 2012 6:59pm Feb 19, 2012 6:59pm
Quoting micho
euro still going no where
You need a red traffic light here before it ends
New voice message: Why are you calling me? If I need you, I'll call you!
  • #597,050
  • Feb 19, 2012 7:02pm Feb 19, 2012 7:02pm
Quoting sidhujag
maybe, but I see a W got created on the H1, W's are bearish PA structures. Must be another down leg to create an M before a possible up move.... Only way it changes it if we GAP hard up and it keeps going
told u now u can look for longs but ur probably stopped out
  • #597,051
  • Feb 19, 2012 7:04pm Feb 19, 2012 7:04pm
Quoting mohan76
s&p 500 nearing nice point to short (double top @ 73 now at 68) only think worries me is USA holiday ,
snp heading to 1470 DO NOT SHORT havent u been reading my posts? What part of historic bull run dont u understand OnlY look for dips to buy
  • #597,052
  • Feb 19, 2012 7:08pm Feb 19, 2012 7:08pm
Quoting sidhujag
snp heading to 1470 DO NOT SHORT havent u been reading my posts? What part of historic bull run dont u understand OnlY look for dips to buy

Agree Bull run will continue Since election year in USA, Europe.. They want to show economy is stable..
Putting liquidity in market bernake, low interest rate till 2014
LTRO for 3 years.. so much money.. at this time.. so bull run for short term at least..

Look to buy good dips.. untill very bad news for greece
  • #597,053
  • Feb 19, 2012 7:10pm Feb 19, 2012 7:10pm
not short term think 3600 and dow 30k btw eu is not the beat buy guys long gold from here c u at 2300

max retrace 3 pct in snp so alot of noobs will be trapped short to feed big money
  • #597,054
  • Feb 19, 2012 7:19pm Feb 19, 2012 7:19pm
Quoting sidhujag
snp heading to 1470 DO NOT SHORT havent u been reading my posts? What part of historic bull run dont u understand OnlY look for dips to buy
i dont look at snp, if you want to play eu, you need to see greece and its resolution which i see they are in the middle of nowhere. dont be deceived by the positif gap in the opening.... in my opinion if you bull you need to be prepare for the tsunami.....probably it'll come before the end of today
making money is easy in forex, losing money is even easier...
  • #597,055
  • Feb 19, 2012 7:25pm Feb 19, 2012 7:25pm
This is the worst pair to trade at the minute with so much negativity built in it will just keep going higher and it won't surprise me if it falls on its ass once they agree on a deal been done either. It will burn all bulls and bears before it decides on a new direction out of this sideways crap megaphone pattern.
  • #597,056
  • Feb 19, 2012 7:37pm Feb 19, 2012 7:37pm
Quoting gugun555
i dont look at snp, if you want to play eu, you need to see greece and its resolution which i see they are in the middle of nowhere. dont be deceived by the positif gap in the opening.... in my opinion if you bull you need to be prepare for the tsunami.....probably it'll come before the end of today
im not relating snp eu infact im saying they will be inversly as snp explodes. What im saying is of u are stuck on longing there are better alternatives. cheers
  • #597,057
  • Feb 19, 2012 7:39pm Feb 19, 2012 7:39pm
Quoting micho
euro still going no where
EURO bus is going in one direction as far Im seeing last couple of hours. The question is: which side of the road you are waiting for that BUS ...
  • #597,058
  • Feb 19, 2012 7:40pm Feb 19, 2012 7:40pm
Quoting Piters
EURO bus is going in one direction as far Im seeing last couple of hours. The question is: which side of the road you are waiting for that BUS ...
Hi Piters
  • #597,059
  • Feb 19, 2012 7:43pm Feb 19, 2012 7:43pm
Going down.
Attached Image (click to enlarge)
Click to Enlarge Name: 5m chart5.jpg Size: 76 KB
Time turns trend. - W.D. Gann
  • #597,060
  • Feb 19, 2012 7:47pm Feb 19, 2012 7:47pm
Quoting sidhujag
not short term think 3600 and dow 30k btw eu is not the beat buy guys long gold from here c u at 2300

max retrace 3 pct in snp so alot of noobs will be trapped short to feed big money
Only thing noobish are your predictions.
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