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  • #8,021
  • Mar 8, 2012 3:19am Mar 8, 2012 3:19am
Quoting Mediator
yes, now i know it too, but to get this kind of choppy hindsight it had to happened first to realize it.
how you got your hindsight that a market is not tradable if it does happen in the future? nobody could look into future.
i only try play trendcontinuatioon of what happens in the asian session.
sooner or later a trendcontinuation will happen (or not) but do know this i have to participate.
without participation no winnings (and yes also no losses.)

Mediator,
Sometimes you need to know the bigger picture as to what is going on in the market that is news related. Trading is more then just turning on the computer, looking at signals and jumping in. If you're asking these types of questions, I would NOT be trading live. Just my opinion. GL to you.
  • #8,022
  • Mar 8, 2012 3:24am Mar 8, 2012 3:24am
Quoting Evaluator
Again, my advise is to stay clear until a clean pattern emerges and then you can trade the trend. Remember, trade with the TREND!!!!! and stay out of the meat grinders. Your account balance will thank you for that.
im really not thinking, am i.. this may cost me in the future thanks for the heads up

and i have finished 2 trades. AU is about to reach TP1 anyway and trailing stop in place so i hope the market allows me to finish my trades.. ill take it if she strikes my trailing stops, they now well above targets
  • #8,023
  • Mar 8, 2012 3:25am Mar 8, 2012 3:25am
60% of Greek Bond Holders Committed to Debt Swap
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,024
  • Mar 8, 2012 3:25am Mar 8, 2012 3:25am
Quoting yelena
nope. no losses yet, i editted my #8005

but if it comes to the point that a sheer spike happens changing the color of STL in H1, then my SL/trailing stop is already in place as protection

last trend trading was tuesday. closed sell/short orders running since Mar2 yesterday. today, only buy signals taken. M5 signals should be the same direction as H1. technically they are the same entry rules as H1 coming from 1.9, but i filter it, i will only take it...
yeah, the same i did too today. i took only LONG trades because of H1 filter, but i was not able to protect my orders because if opposite extrem spike appear they were already in loss and i have to close them.

and now... if i did not close them and ignore the post #1 rule to close a order if opposite signal appears they were all in profit. thats life my friends.

@realjumper: did i hit a sensitive nerv? so i'm sorry for that. i only try to understand, when to trade and when not. you see that trendcontinuation did work now, but i had to close my orders because i sticked to the rules.
and sticking to the rules is fine. if it is fine most of the time is what i'm not absolute in common with myself. sometimes i think it is a to rigid behavior for such a dynamic market of so many unknown variables.
  • #8,025
  • Mar 8, 2012 3:30am Mar 8, 2012 3:30am
Quoting realjumper
60% of Greek Bond Holders Committed to Debt Swap

What's the magic number? Isn't anything below 75% could trigger a default=Large EUR/USD sell off?
  • #8,026
  • Mar 8, 2012 3:30am Mar 8, 2012 3:30am
Quoting FXSwissTrader
Mediator,
Sometimes you need to know the bigger picture as to what is going on in the market that is news related. Trading is more then just turning on the computer, looking at signals and jumping in. If you're asking these types of questions, I would NOT be trading live. Just my opinion. GL to you.
yes, i have the bigger picture on my desk. i analys the market where it is at the moment in higher timeframes for example. but on news i give no expectation.
i think not the news make the market, the participants make the market. they only react to the news.

thank you for recommends @FXSwissTrader but i do not wish you good luck. Instead i wish you good business. luck is for the gamblers.
  • #8,027
  • Mar 8, 2012 3:32am Mar 8, 2012 3:32am
Quoting Mediator
yeah, the same i did too today. i took only LONG trades because of H1 filter, but i was not able to protect my orders because if opposite extrem spike appear they were already in loss and i have to close them.

and now... if i did not close them and ignore the post #1 rule to close a order if opposite signal appears they were all in profit. thats life my friends.

@realjumper: did i hit a sensitive nerv? so i'm sorry for that. i only try to understand, when to trade and when not. you see that trendcontinuation did work now, but i had to close my...
I gave you a heads up a few pages back on the dangers of trading today.....*thats* how I know the market is going to be choppy and unpredictable. The Signaler is not a holy grail......it is an *assistant* to the trader.....it will not trade for you....it doesn't understand or care about the market and what drives it. If you are going to just turn on your computer and follow the Signaler, you are going to lose your money.

I've said it a thousand times....the market will give up it's pips when IT want.....not when YOU want. If you try to force the market to give to pips, the market will beat you every time......and that's a promise.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,028
  • Mar 8, 2012 3:34am Mar 8, 2012 3:34am
Quoting FXSwissTrader
What's the magic number? Isn't anything below 75% could trigger a default=Large EUR/USD sell off?
Well that's the line in the sand apparently, but who knows how the market will react?......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,029
  • Mar 8, 2012 3:35am Mar 8, 2012 3:35am
Quoting Mediator
i think not the news make the market, the participants make the market. they only react to the news.
Oh dear........
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,030
  • Mar 8, 2012 3:35am Mar 8, 2012 3:35am
Quoting Mediator
and now... if i did not close them and ignore the post #1 rule to close a order if opposite signal appears they were all in profit. thats life my friends.
Mediator,

There should be a caveat (Vorbehalt) in post #1 ; to wait for 4 extreme bars before exit.

Just FYI.

Evaluator.:nerd:
  • #8,031
  • Mar 8, 2012 3:37am Mar 8, 2012 3:37am
Quoting ohammond
I did go into the buy again when it came back up and everything else was blue except for the extreme, at roughly the same price as the first one, that is currently up 20 pips but the target is 1.3195 and after reading what realjumper has just posted I've set it to BE (which I never usually do) so worst case +1 best case, +47, so we'll see. The trades were taken on another station so had to put just vertical lines, those are the candles where the trade was actually taken.
Just came back in to find price had stormed through my target, +47 on EU 1hr.
  • #8,032
  • Mar 8, 2012 3:37am Mar 8, 2012 3:37am
mediator it seems that you are only focusing on technical analysis.. please know the market mainly moves on fundamentals and technicals only provide confirmation..

I recommend turning on cnbc and paying attention to whats going on in the world.


yikes missed out on 60 pippers on EU and AU cuz I closed early... oh well better to be safe than sorry!
  • #8,033
  • Mar 8, 2012 3:39am Mar 8, 2012 3:39am
Quoting Mediator

and now... if i did not close them and ignore the post #1 rule to close a order if opposite signal appears they were all in profit. thats life my friends.
No thats not life! Don't accept losses if they are avoidable over and over again, you have seen how many times the extreme paints and then repaints, at least put your stop loss in a reasonable place and then if you get an opposite full signal by all means take it out or as Evaluator has said, 4 bars staying blue, but really if something is not working when all around are making pips or staying out, CHANGE IT.
  • #8,034
  • Mar 8, 2012 3:40am Mar 8, 2012 3:40am
Quoting realjumper
I've said it a thousand times....the market will give up it's pips when IT want.....not when YOU want. If you try to force the market to give to pips, the market will beat you every time......and that's a promise.
yes, that's absolutly right and have to fully agree with. i never said anything else.

Quote
it is simply trading and trading causes losses too.

Quote
the market gives a s***t on if there is a MA, a Pivot or some signals. the market only balancing out given orders.
  • #8,035
  • Mar 8, 2012 3:41am Mar 8, 2012 3:41am
Quoting Evaluator
Mediator,

There should be a caveat (Vorbehalt) in post #1 ; to wait for 4 extreme bars before exit.

Just FYI.

Evaluator.:nerd:
richtig, da hab ich was übersehen.

thanks for that.
  • #8,036
  • Mar 8, 2012 3:42am Mar 8, 2012 3:42am
Quoting ohammond
Just came back in to find price had stormed through my target, +47 on EU 1hr.
Don't you just love it when that happens?!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,037
  • Mar 8, 2012 3:44am Mar 8, 2012 3:44am
Quoting realjumper
Don't you just love it when that happens?!
Its the best feeling, I was pretty relaxed though when I went out as I'd set it to BE otherwise I would have chewed my nails down to the knuckle
  • #8,038
  • Mar 8, 2012 3:44am Mar 8, 2012 3:44am
Quoting realjumper
Oh dear........
is not true?

do the NFP News buy orders or the participants who reacts to the news buy the orders? please clearify i'm stupid.
  • #8,039
  • Mar 8, 2012 3:44am Mar 8, 2012 3:44am
Quoting Mediator
yes, that's absolutly right and have to fully agree with. i never said anything else.
And so you tried to trade though all that choppy stuff........sigh.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,040
  • Mar 8, 2012 3:47am Mar 8, 2012 3:47am
Quoting Mediator
is not true?

do the NFP News buy orders or the participants who reacts to the news buy the orders? please clearify i'm stupid.
The big traders.....the hedge fund managers.....the banks....all the big players move the markets.....and they do it according to the news that is released to make a profit or cut a loss.
Doing what you like is Freedom. Liking what you do is Happiness.
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