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  • #599,061
  • Feb 23, 2012 11:00am Feb 23, 2012 11:00am
Quoting ccreative
where is your SL and TP?
SL 1348
TP ? (trailing stop / only scalping) 1.3325 seems 2 b appropriate
  • #599,062
  • Feb 23, 2012 11:01am Feb 23, 2012 11:01am
stops are for unforeseen not to be taken out if ur stops are being taken out then there is grave problem with ur stops or u r not trading with the trend or u have a fail system or fail strategy or fail emotions
fail fail fail losers fails keep on failing
______________________-
High risk, high reward: It takes balls of steel to play this game
  • #599,063
  • Feb 23, 2012 11:01am Feb 23, 2012 11:01am
Quoting turmaz
when ever there is stop huntin price fell sharply!

ppl are getting caught in shorts the more the ppl short the more price rises u will see i dont understands traders are watching price going higher n higher but no one is gettin long every body is waiting for pull backs in retraements their are not PULL BACKS!!!!!!

You are thirty plus? How is it that you type and communicate like a teenage girl? No one takes people like you seriously.

People took profits on their longs already. Money in the bank is a sure thing.
  • #599,064
  • Feb 23, 2012 11:02am Feb 23, 2012 11:02am
Quoting 853efx
SL 1348
TP ? (trailing stop / only scalping) 1.3325 seems 2 b appropriate
further actions depend on PA a lot
  • #599,065
  • Feb 23, 2012 11:04am Feb 23, 2012 11:04am
Quoting todstars2
no, i trade the price action only.

Although one fundamental note. All the news is saying our situation slowly improving here in the US.

Good enough reason to "(buy the rumor)SELL the news".

if you trade only price action then why not look at bonds yields, vix, bill yields and other prices to see the situation fully=)


otherwise price action will trade you

(im long@ 12650 btw.. - was betting on greek no-default a month ago, among other things)
  • #599,066
  • Feb 23, 2012 11:04am Feb 23, 2012 11:04am
Quoting myk
I Agree with u on atleast this. Price is in a uptrend right now there is no need to short unless u see resistance .

My charts dont show a single piece of resistance till 3373 .
and my charts shows not till 1.3481 try to find where is 1.3481 ppl!
  • #599,067
  • Feb 23, 2012 11:05am Feb 23, 2012 11:05am
Quoting turmaz
i know traders who buy when RSI is over bought and sell when RSI is over sold this is not the reason to buy or sell
all u have to do is just go back in time in ur charts and see how many time it happens and how much very more muchy much time it doesnt

see it for ur self do ur homie workie work
The thing is, the market has been ranging for a couple of days with exception for today (i hope not). Unless we are able to pierce 1.334 and higher than, the ranging days may be over.

until now due to the market behaviour where it is ranging, in my humble opinion, RSI is valid in this situation. Maybe not a long term 100+ bearish market, but at least a good 20-30 pips off the bears.
  • #599,068
  • Feb 23, 2012 11:05am Feb 23, 2012 11:05am
Quoting turmaz
i know traders who buy when RSI is over bought and sell when RSI is over sold this is not the reason to buy or sell
all u have to do is just go back in time in ur charts and see how many time it happens and how much very more muchy much time it doesnt

see it for ur self do ur homie workie work
There is a Trendline that has held for quite some time + It looks like it still will for now. Sorry I am not able to post chart. I dont know how.
Happy Hunting
  • #599,069
  • Feb 23, 2012 11:06am Feb 23, 2012 11:06am
Quoting Fawlty
You are thirty plus? How is it that you type and communicate like a teenage girl? No one takes people like you seriously.

People took profits on their longs already. Money in the bank is a sure thing.
im enjoying bein bahaving like teenies becuase its a bore bizness u have to do something by the way i can talk serious too but only in my offce

hhahahahahahaha
  • #599,070
  • Feb 23, 2012 11:06am Feb 23, 2012 11:06am
All be careful with your short as in the low liquidity market stop at 3340 is easy target.

I will be stop out at that time anyway.
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #599,071
  • Feb 23, 2012 11:08am Feb 23, 2012 11:08am
Gold is almost stalling - DJ at it's top 4 now - the question is: what stocks wud u wanna buy by now? answer: none

still awaiting another spike up on EU - let's c
  • #599,072
  • Feb 23, 2012 11:08am Feb 23, 2012 11:08am
Quoting turmaz
stops are for unforeseen not to be taken out if ur stops are being taken out then there is grave problem with ur stops or u r not trading with the trend or u have a fail system or fail strategy or fail emotions
fail fail fail losers fails keep on failing
______________________-
High risk, high reward: It takes balls of steel to play this game

It looks for me like stop hunting.

I am not shorting this, yet. In fact i think about going long right here on this price level.
They think they are smarter than I am.
  • #599,073
  • Feb 23, 2012 11:09am Feb 23, 2012 11:09am
making money (pips) is not important keeping is IMPORTANT

am i talking serious now ??

hahahahahahahahhahaaa
  • #599,074
  • Feb 23, 2012 11:10am Feb 23, 2012 11:10am
Quoting Z3iz3i
It looks for me like stop hunting.

I am not shorting this, yet. In fact i think about going long right here on this price level.
by the way

I LIKE YOU!!!
  • #599,075
  • Feb 23, 2012 11:11am Feb 23, 2012 11:11am
Quoting Killy
if you trade only price action then why not look at bonds yields, vix, bill yields and other prices to see the situation fully=)


otherwise price action will trade you

(im long@ 12650 btw.. - was betting on greek no-default a month ago, among other things)
The technical reason I'm probing for short position here on the Dow is based on the Broadening Formation bottom established between 8/30/2007 and 11/15/2007 on the Daily.

Good "clear air" for weeks.

Good enough indicator for my trading style.
  • #599,076
  • Feb 23, 2012 11:12am Feb 23, 2012 11:12am
Quoting turmaz
and my charts shows not till 1.3481 try to find where is 1.3481 ppl!
3481 is no doubt strong resistance but these are all resistances not a single bull candle from last facing leg is able to close swiftly above 34
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MMMYYYKKK
  • #599,077
  • Feb 23, 2012 11:13am Feb 23, 2012 11:13am
have u ppl seen 4 hr candle closed above 1.33204 level what more confirmation u bloody traders(losers) want to see that its bullish and going up whrre u will get long ??? @ 1.3480-1.3520 level where i will be selling in to you or u want to long now and short with me together
______________________________
High risk, high reward: It takes balls of steel to play this game
  • #599,078
  • Feb 23, 2012 11:14am Feb 23, 2012 11:14am
i'll call it a top 4 now ~1.3338

tomorrow is a new day and next weeks action is written in the stars
  • #599,079
  • Feb 23, 2012 11:17am Feb 23, 2012 11:17am
sell
  • #599,080
  • Feb 23, 2012 11:17am Feb 23, 2012 11:17am
Welcome aboard gents, we'll be at 1.3520 in an hour or so
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brandon12127