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  • #610,241
  • Mar 15, 2012 2:17pm Mar 15, 2012 2:17pm
Quoting turmaz
lol now here is the thing the main diffrence between the pros and others

and im giving you the forex secret ppl pro trader who are trading "currencies"
they never uses the ny daily close they uses the frankfurt close
neither london nor ny session opening and closing imp its frankfurt
the chart which u just showed me must be ny close or london close or what ever ur broker is giving u i dont know. if u want to be good currency trader then try to give attention to frankfurt close which is 1 hr before london
i hope trader find this post usefull
  • #610,242
  • Mar 15, 2012 2:18pm Mar 15, 2012 2:18pm
Quoting turmaz
lol now here is the thing the main diffrence between the pros and others

and im giving you the forex secret ppl pro trader who are trading "currencies"
they never uses the ny daily close they uses the frankfurt close
neither london nor ny session opening and closing imp its frankfurt
the chart which u just showed me must be ny close or london close or what ever ur broker is giving u i dont know. if u want to be good currency trader then try to give attention to frankfurt close which is 1 hr before london
Alright noted thanks mate im just a newbie, thanks for helping, GL with ur short
  • #610,243
  • Mar 15, 2012 2:19pm Mar 15, 2012 2:19pm
Quoting Kowalczyk
Long at 1.3091. SL at 1.3084 and TP to be determined.
The success rate is very low on this one...
When life gives you lemons, make lemonade
  • #610,244
  • Mar 15, 2012 2:20pm Mar 15, 2012 2:20pm
Daily update

1. Turmaz
2. Viitrader
3. Incrediblle

Anyone else would like to apply?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #610,245
  • Mar 15, 2012 2:20pm Mar 15, 2012 2:20pm
keep attention also to the daily bar.. it's an outside one
  • #610,246
  • Mar 15, 2012 2:21pm Mar 15, 2012 2:21pm
new indis at the grave yard enjoy
  • #610,247
  • Mar 15, 2012 2:24pm Mar 15, 2012 2:24pm
Sell Limit?
Attached Image (click to enlarge)
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  • #610,248
  • Mar 15, 2012 2:24pm Mar 15, 2012 2:24pm
Quoting KillerWhale
Daily update

1. Turmaz
2. Viitrader
3. Incrediblle

Anyone else would like to apply?
Look Sharp/Trade Tight
  • #610,249
  • Mar 15, 2012 2:24pm Mar 15, 2012 2:24pm
and frankfurt closes under 1.30825 level which is major resistance and above that its a false break out according to me and the price soon come down under that level

watch out and check this
pointing arrow is frankfurt close
Attached Image (click to enlarge)
Click to Enlarge Name: usd 1.gif Size: 20 KB
  • #610,250
  • Mar 15, 2012 2:27pm Mar 15, 2012 2:27pm
Quoting turmaz
i hope trader find this post usefull
Ah one more question"trying to learn this shit" what if todays daily closes above 587 would it be bearish or bullish and would you hold your shorts? thanks in advance. sorry for the stupid question
  • #610,251
  • Mar 15, 2012 2:29pm Mar 15, 2012 2:29pm
Quoting turmaz
i ve been shorting since 1.3055 level i dont know what to doooo???
im very scared and em loosing money i shorted again at 1.3150
my heart beat bumping in my chest very hard and with every pip gain im gettin fainted im in big pain

some body help...
plsease...


Turmaz, remember this? Hint for anyone 'new' do not listen to this guy.

(I am long since before you started saying short, btw)
  • #610,252
  • Mar 15, 2012 2:33pm Mar 15, 2012 2:33pm
Quoting AlanB
Turmaz, remember this? Hint for anyone 'new' do not listen to this guy.

(I am long since before you started saying short, btw)
I'm new, and I saw a lot of this guy
  • #610,253
  • Mar 15, 2012 2:34pm Mar 15, 2012 2:34pm
Quoting KillerWhale
Daily update

1. Turmaz
2. Viitrader
3. Incrediblle

Anyone else would like to apply?

what an arrogant selfish wanker
  • #610,254
  • Mar 15, 2012 2:34pm Mar 15, 2012 2:34pm
Quoting swing 123
Ah one more question"trying to learn this shit" what if todays daily closes above 587 would it be bearish or bullish and would you hold your shorts? thanks in advance. sorry for the stupid question
excellent question!!

the level 1.30587 closing under it, is the confirmation of end of bull run
for more confirmation the todays price must close under 1,31123 and if it closes under 1.3080 its better and if it closes under 1.30587 its best of all
but under 1.31123 closing is good enough
  • #610,255
  • Mar 15, 2012 2:35pm Mar 15, 2012 2:35pm
Quoting micho
The success rate is very low on this one...
I'm risking 7 pips to make 70+ pips. A 15% success rate would make me a millionaire in time. My success rate currently is ~35%-70% (depends on the type of trade I am taking, fib, supply/demand, support/resistance...)
  • #610,256
  • Mar 15, 2012 2:40pm Mar 15, 2012 2:40pm
Quoting AlanB
Turmaz, remember this? Hint for anyone 'new' do not listen to this guy.

(I am long since before you started saying short, btw)
correct i m a man with emotions too and i trade large account and trade ppl money at that moment i was talking so much risk and y dont u tell ppl that i coverd my shorts @ 1.3200 and took a long all the way up to 1,3481 remember u demo trader that i was the only person in forum who was long and had a TP 1.3481 and every body was against me shorting dont u remember any thing u loser
now im short and u losers are long lets see
  • #610,257
  • Mar 15, 2012 2:40pm Mar 15, 2012 2:40pm
Quoting AlanB
Turmaz, remember this? Hint for anyone 'new' do not listen to this guy.

(I am long since before you started saying short, btw)

True....you have a point there Alan

Hmmmmmmmm
  • #610,258
  • Mar 15, 2012 2:42pm Mar 15, 2012 2:42pm
The reason why the price shot up the way it did is because 1.3 was rejected, it was being protected and all those who went short were loading up a spring and their stops were taken out all the way to 1.31... there are presumably more stops above 1.3120 as this level as it is an important resistance level... Price will most likely retrace to 1.3060/50 and then either continue down or bounce back up above 1.3120. At that at this stage the market seems mostly bearish so 1.30 is still a target.
  • #610,259
  • Mar 15, 2012 2:43pm Mar 15, 2012 2:43pm
Quoting LedZeppelin
Hello I'm new trader, I earned today some good pips on 4h chart but i lost some pips on 5min chart, does anyone have decent strategy for scalping?
Hi Led,

Discover the hidden Treasures in kill56 thread's

http://www.forexfactory.com/showthread.php?t=246111&page=29
Always looking the GREAT, never left GOOD Point...
  • #610,260
  • Mar 15, 2012 2:44pm Mar 15, 2012 2:44pm
Quoting Kowalczyk
I'm risking 7 pips to make 70+ pips. A 15% success rate would make me a millionaire in time. My success rate currently is ~35%-70% (depends on the type of trade I am taking, fib, supply/demand, support/resistance...)
then the success rate will be 1%
When life gives you lemons, make lemonade
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