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  • #601,641
  • Feb 29, 2012 8:04am Feb 29, 2012 8:04am
With still an over-crowded short...i am just waiting with a small long position for this thing to break over 1.3500 and i can sense that the stop orders up there will act as our rocket fuel for another 50-60 pips...but if not, stop in place below 1.3400
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  • #601,642
  • Feb 29, 2012 8:04am Feb 29, 2012 8:04am
Quoting meromar
Took month profit: asset management+job+pension
All assets up 9,3% this year.
Oil. high bank rates and eur support my oil currency against usd
What is ur job support for ur assets?
Who is totally positive this year? Results?
  • #601,643
  • Feb 29, 2012 8:06am Feb 29, 2012 8:06am
Quoting bbakker
Apologies.. but the guy is a class A prick and I can't let this particular sleeping dog lie. I am out of here and will refrain from responding to any of his posts in here again.

Sorry if I have caused any disturbance.
Your name suggests that you are from the Netherlands and not from UK is that correct?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #601,644
  • Feb 29, 2012 8:19am Feb 29, 2012 8:19am
367 traders watching 109 are members but most of them are confused!!

________________
High risk, high reward: It takes balls of steel to play this game
  • #601,645
  • Feb 29, 2012 8:20am Feb 29, 2012 8:20am
Quoting turmaz
367 traders watching 109 are members but most of them are confused!!

________________
High risk, high reward: It takes balls of steel to play this game

well said..lol
  • #601,646
  • Feb 29, 2012 8:21am Feb 29, 2012 8:21am
Its super choppy. But the price constantly trading below the daily pivot and repeated failures to break above that level gives me a bearish bias. S1(3417) for the day is likely.
PRICE ACTION is the only real time indicator.
  • #601,647
  • Feb 29, 2012 8:22am Feb 29, 2012 8:22am
why is not moving ?
  • #601,648
  • Feb 29, 2012 8:23am Feb 29, 2012 8:23am
Quoting turmaz
367 traders watching 109 are members but most of them are confused!!

________________
High risk, high reward: It takes balls of steel to play this game
going long
pa is being pressured upwards
  • #601,649
  • Feb 29, 2012 8:24am Feb 29, 2012 8:24am
Quoting cheater
break 3430 and we can go bull hunting again
1st near support to clear is .3436, which is the 50 fib from the recent major downtrend in daily chart. Candle must close below this level to make it count.

2nd support is upward sloping dotted trendline. If it breaks, it will bring us to the next support at .3380 which has been a historical resistance turn support in daily chart.

If all break loose, we might see double top in H4 and see .3320ish.

My personal trade, I am still holding on to my previous shorts at .348ish few days ago. It has been a great see-saw for me these few days to see your trade from green to none and back again to a position that you are tempted to call it a day and take profit.

Trading is tough ......


http://i1116.photobucket.com/albums/...SD29022012.jpg
The true fact is market doesn't care, risk mgt is important.
  • #601,650
  • Feb 29, 2012 8:25am Feb 29, 2012 8:25am

Good trading is not about being right, it is about trading right.
If you want to be successful, you need to think of the long run

and ignore the outcomes of individual trades.

________________
High risk, high reward: It takes balls of steel to play this game
  • #601,651
  • Feb 29, 2012 8:29am Feb 29, 2012 8:29am

Trading with an edge is what separates the professionals from the

amateurs. Ignore this and you will be eaten by those who don’t.

________________________
High risk, high reward: It takes balls of steel to play this game.
  • #601,652
  • Feb 29, 2012 8:29am Feb 29, 2012 8:29am
Quoting Ssm
1st near support to clear is .3436, which is the 50 fib from the recent major downtrend in daily chart. Candle must close below this level to make it count.
It makes sense...
It's been tarding sideways for last hours, with narowing triangle (5M charts)...
@ 3pm GMT - Bernarke, might be he can pull or push the market.
I am getting bored...
Read Charts - Not Papers
  • #601,653
  • Feb 29, 2012 8:29am Feb 29, 2012 8:29am
Block trade from going down at 41/42, see if it holds US open.
They think they are smarter than I am.
  • #601,654
  • Feb 29, 2012 8:31am Feb 29, 2012 8:31am
Hmmm.......Opening bell in NY and the candle is heading north.
Time turns trend. - W.D. Gann
  • #601,655
  • Feb 29, 2012 8:32am Feb 29, 2012 8:32am
Cable should give soon a very good sell entry around 6000..

  • #601,656
  • Feb 29, 2012 8:32am Feb 29, 2012 8:32am

Edges are found in the places that are the battlegrounds
between buyers and sellers. Your task as a trader is to find

those places and wait to see who wins and who loses.

____________________
High risk, high reward: It takes balls of steel to play this game.
  • #601,657
  • Feb 29, 2012 8:34am Feb 29, 2012 8:34am

Mature understanding of and respect for risk is the
hallmark of the best traders. They know that if you don’t keep

an eye on risk, it will set its eye on you.

___________________
High risk, high reward: It takes balls of steel to play this game.
  • #601,658
  • Feb 29, 2012 8:35am Feb 29, 2012 8:35am
Quoting meromar
Who is totally positive this year? Results?
Is it wrong thread to ask?
Then what is ur total negative this year result?
  • #601,659
  • Feb 29, 2012 8:35am Feb 29, 2012 8:35am
Second test to 3455.....
  • #601,660
  • Feb 29, 2012 8:37am Feb 29, 2012 8:37am
Quoting meromar
Is it wrong thread to ask?
Then what is ur total negative this year result?
lol the most "traders" are only having losses..

so they will surely not show it
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