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  • #12,561
  • Mar 9, 2012 8:22am Mar 9, 2012 8:22am
Quoting prashant7
yes you did say but i did loose my patience and sold this EU at 1.32 and added to it around 1.318
So far no 15 min closed under my point i mention
Well us will tell A lot
GL
  • #12,562
  • Mar 9, 2012 8:22am Mar 9, 2012 8:22am
Quoting T@rantula
Mate, it seems circles are false...dunno if should rely on it...Most of it are wrong..
http://www.forexfactory.com/showthre...68#post5422868

I have been trying to bring attention to 2950 for some time since Feb 27th.

I use circles and can adjust my trades to the way market moves.

140 pip in the opposite direction from 3150 to 3290 didnt change my mind few days ago, and still sticking to a drop to 2950.

Cant agree more with Prashant:

Quoting prashant7
Why yu guys are going long on Price action is purely down side ?

with news it will reject almost all supports or demand zones out there ........ i have seen these many times in the past
  • #12,563
  • Mar 9, 2012 8:23am Mar 9, 2012 8:23am
Quoting BrunargarFx
Yes, but that's just nfp m8. It's not going to go straight down, we've already done the week range here!

I'll be expecting a pullback (1.3115 great level). I'll sell on retrace
Probable Resistance at 1,3145 & 1,3160
  • #12,564
  • Mar 9, 2012 8:24am Mar 9, 2012 8:24am
So, I think T> bought at an excellent level, didn't work out but that's part of the risk we take in EACH trade.
Only a sucker would have sold there. Doesnt mean it couldn't work, only means the sucker doesn't put as much odds in his/her favor.



Quoting BrunargarFx
Yes, but that's just nfp m8. It's not going to go straight down, we've already done the week range here!

I'll be expecting a pullback (1.3115 great level). I'll sell on retrace
  • #12,565
  • Mar 9, 2012 8:26am Mar 9, 2012 8:26am
Exactly

If you look at PA now on M5, it's reasonnable to assume things are changing. I put a L @ 1.313, SL 1.3095
Quoting FX-Ray
Probable Resistance at 1,3145 & 1,3160
  • #12,566
  • Edited 8:29am Mar 9, 2012 8:26am | Edited 8:29am
Quoting BrunargarFx
So, I think T> bought at an excellent level, didn't work out but that's part of the risk we take in EACH trade.
Only a sucker would have sold there. Doesnt mean it couldn't work, only means the sucker doesn't put as much odds in his/her favor.
What kind of statement is that? It really doenst matter at all if it made money. If price makes new highs and its probably going higher, Ill buy.
  • #12,567
  • Mar 9, 2012 8:28am Mar 9, 2012 8:28am
Quoting BrunargarFx
Yes, but that's just nfp m8. It's not going to go straight down, we've already done the week range here!

I'll be expecting a pullback (1.3115 great level). I'll sell on retrace
getting retraced now as the TL got broken and 123 is good level ( weekly close candle ) good opportunity to sell this pair higher again N again
finding A M S
  • #12,568
  • Mar 9, 2012 8:31am Mar 9, 2012 8:31am
Quoting FX-Ray
What kind of statement is that? It really doenst matter at all if it made money. If price makes new highs and its probably going higher, Ill buy.
well said what really matters is money made on the trade finally
finding A M S
  • #12,569
  • Mar 9, 2012 8:31am Mar 9, 2012 8:31am
Quoting BrunargarFx
Exactly

If you look at PA now on M5, it's reasonnable to assume things are changing. I put a L @ 1.313, SL 1.3095
my desired TP is: 1,2920/10

Would complete the squeeze
  • #12,570
  • Mar 9, 2012 8:33am Mar 9, 2012 8:33am
Quoting BrunargarFx
So, I think T> bought at an excellent level, didn't work out but that's part of the risk we take in EACH trade.
Only a sucker would have sold there. Doesnt mean it couldn't work, only means the sucker doesn't put as much odds in his/her favor.
but i used @T 's SL as he chooses his SL strongly ( i sold this after this broke his 155 level and now SL at be lets see
finding A M S
  • #12,571
  • Mar 9, 2012 8:41am Mar 9, 2012 8:41am
that's what I'm saying
Quoting prashant7
getting retraced now as the TL got broken and 123 is good level ( weekly close candle ) good opportunity to sell this pair higher again N again
  • #12,572
  • Mar 9, 2012 8:42am Mar 9, 2012 8:42am
The Rules of this thread:
This is the last time I will post this

A) Chart
B) Entry, SL and Target in a T1 T2 T2 format..
C)Logic to trade...

I Call trades based on my chart...and thats it...

If me or T are wrong we accept it and move on ...

Mr B has called the trade as 1.3250 for a drop it has dropped and I give him full marks for that...

I am not here too banter with anyone as I have got far many other priorities other than to sit here and argue ..

If you dont like this thread..Simple dont post here...

I have called a top and traded the top on euro live and the proof of the pudding is I posted my three trades...

I respect all my fellow traders who take the time to post and explain the logic behind the trades...

Please respect this thread.
Danc and MrB are very very good examples of practice what you preach they learn and trade and actually are doing very very well..

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,573
  • Mar 9, 2012 8:47am Mar 9, 2012 8:47am
Statement was about T. buying at a good support level to me (at the time). I could have taken that Long but I certainly wouldn't have sold there.

Quoting FX-Ray
What kind of statement is that? It really doenst matter at all if it made money. If price makes new highs and its probably going higher, Ill buy.
  • #12,574
  • Mar 9, 2012 8:52am Mar 9, 2012 8:52am
Hey FX,

We were discussing the move down as it happened.

Look at the chart I posted yesterday.
My comment wasn't about making money either
it was about T.'s entry and Prashant's comment

You can't expect to win all trades. this is not possible even if you go with 25pips target for 200pips SL.

My point was that T. made most of the odds in his favor when he took the trade.
Period.

I wish you well and i hope you did great with the nfp if you traded it.




Quoting FX-Ray
my desired TP is: 1,2920/10

Would complete the squeeze
  • #12,575
  • Mar 9, 2012 8:54am Mar 9, 2012 8:54am
Quoting BrunargarFx
Hey FX,

We were discussing the move down as it happened.

Look at the chart I posted yesterday.
My comment wasn't about making money either
it was about T.'s entry and Prashant's comment

You can't expect to win all trades. this is not possible even if you go with 25pips target for 200pips SL.

My point was that T. made most of the odds in his favor when he took the trade.
Period.

I wish you well and i hope you did great with the nfp if you traded it.
What is this 25 pips target for 200 ARe you okay mate..?????
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,576
  • Mar 9, 2012 8:58am Mar 9, 2012 8:58am
Quoting BlackWid0w
What is this 25 pips target for 200 ARe you okay mate..?????
Yes he is ok and indeed it is possible to take always Trades with 25 SL and a Profit of 200+ Pips and being right more than 50%. Everything´s possible.
  • #12,577
  • Mar 9, 2012 8:59am Mar 9, 2012 8:59am
Quoting BrunargarFx
Hey FX,

We were discussing the move down as it happened.

Look at the chart I posted yesterday.
My comment wasn't about making money either
it was about T.'s entry and Prashant's comment

You can't expect to win all trades. this is not possible even if you go with 25pips target for 200pips SL.

My point was that T. made most of the odds in his favor when he took the trade.
Period.

I wish you well and i hope you did great with the nfp if you traded it.
Dont take it personally, it weren´t meant like this. I just couldnt agree with that statement, all trades are relative. This been my point.
Wish you the same! Didnt trade the NFP, just hold into the trade. Thats it.
  • #12,578
  • Mar 9, 2012 8:59am Mar 9, 2012 8:59am
Quoting FX-Ray
Yes he is ok and indeed it is possible to take always Trades with 25 SL and a Profit of 200+ Pips and being right more than 50%. Everything´s possible.
What the hell are you on about mate read what it says
25 pip target with a 200 point SL????
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,579
  • Mar 9, 2012 8:59am Mar 9, 2012 8:59am
Quoting FX-Ray
Probable Resistance at 1,3145 & 1,3160
There we go
  • #12,580
  • Mar 9, 2012 9:00am Mar 9, 2012 9:00am
Quoting BrunargarFx
that's what I'm saying
selling prevails and this is final
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