DislikedNothing to do with trading just wanted to share something amazing i was reading in the newspaperIgnored
http://gulfnews.com/news/world/usa/d...life-1.1001248
- #617,802
- Mar 29, 2012 12:09pm Mar 29, 2012 12:09pm
lol dnt trust the dollar , its not a Bear after all ....look 
http://us.123rf.com/400wm/400/400/Mr...ign-vector.jpg
http://us.123rf.com/400wm/400/400/Mr...ign-vector.jpg
- #617,805
- Mar 29, 2012 12:14pm Mar 29, 2012 12:14pm
- | Joined Jun 2011 | Status: I don't sound like stochastics/MAs | 217 Posts
He's always sounded like that, if you've been a good student and attending his class while waiting for a trade / waiting for a trade to come home, for the past two weeks like us.
- #617,806
- Mar 29, 2012 12:16pm Mar 29, 2012 12:16pm
- Joined Oct 2008 | Status: CANCELLED MEMBERSHIP | 3,116 Posts
Yesthanks
well is I go according to my ema cross strat , 100ema just below 100ema and finding resistance on the trendline , it should go up...BUT if she breaks and closes below that trend then the bears wil start having fun
What you've written make alot of sense. After doing this for seven years one very important lesson Ive learnt is to LISTEN TO THE MARKET and forget everything else. By Listening to the Market, I mean the CHARTS, the CHARTS never lie.
It was a very hard and painful lesson to learn, but now I get it. I can say LONG now and 5 hours later the market says Short, having the balls, gut, stomach and mechanics to change your trading plan can be hard for many traders because they get emotionally involved and marry the trade.
At a moments notice, as long as you have the ability to see and understand what the market is saying, abandoning a trade must be second nature when trading, and we must develop the agility and capacity to do what the market is saying you must do. Its very hard to do, but 7 years of practice is paying off.
For now Im long because the market says long, but we must not fool ourselves, we must listen or pay the price.
As long as your trading plan works based on identifying what the market is saying, you MUST trust your plan and be OBIDIENT or again pay the price.
We must learn to accept a loss, all trades will never be right, but having the edge to see that the market is changing its direction and reacting to it will always keep your account in the green.
When I close a trade and change direction, I calculate in pips what I lost and go for that and then trail, so Im covering my loss and then taking any extra she has to offer, but we must never be greedy.
- #617,807
- Mar 29, 2012 12:20pm Mar 29, 2012 12:20pm
- | Membership Revoked | Joined Aug 2011 | 1,123 Posts
as they say in ireland
smart boy wanted but not to smart
....
- #617,808
- Mar 29, 2012 12:21pm Mar 29, 2012 12:21pm
- | Joined Mar 2009 | Status: Independent Trader | 662 Posts
Nah, today there's not much energy circulating in his oral muscles and his speech is 3,85 % slower than usual = more USD inflation. Not good nutrient/blood circulation in his skin either. He has clearly had many force majeures lately.This is why I go long ! (joking)
LOL
Learn to see what's there, not what you want to see.
- #617,809
- Mar 29, 2012 12:22pm Mar 29, 2012 12:22pm
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
@Gsbotes:
What you've written make alot of sense. After doing this for seven years one very important lesson Ive learn is to LISTEN TO THE MARKET and forget everything else.
It was a very hard and painful lesson to learn, but now I get it. I can say LONG now and 5 hours later the market says Short, having the balls, gut, stomach and mechanics to change your trading plan can be hard for many traders because they get emotionally involved and marry the trade.
At a moments notice, as long as you have the ability to see and understand...
Trade What You See Not What You Want To See
- #617,810
- Mar 29, 2012 12:23pm Mar 29, 2012 12:23pm
- | Joined Mar 2009 | Status: Independent Trader | 662 Posts
@Gsbotes:
What you've written make alot of sense. After doing this for seven years one very important lesson Ive learn is to LISTEN TO THE MARKET and forget everything else.
It was a very hard and painful lesson to learn, but now I get it. I can say LONG now and 5 hours later the market says Short, having the balls, gut, stomach and mechanics to change your trading plan can be hard for many traders because they get emotionally involved and marry the trade.
At a moments notice, as long as you have the ability to see and understand...
I agree 100%.
Learn to see what's there, not what you want to see.
- #617,811
- Mar 29, 2012 12:25pm Mar 29, 2012 12:25pm
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
I'm trying to get 1000 reply post with hahahaha and
well heres 1 anyway 73 looking good this time
Trade What You See Not What You Want To See
- #617,812
- Mar 29, 2012 12:26pm Mar 29, 2012 12:26pm
@Gsbotes:
What you've written make alot of sense. After doing this for seven years one very important lesson Ive learnt is to LISTEN TO THE MARKET and forget everything else. By Listening to the Market, I mean the CHARTS, the CHARTS never lie.
It was a very hard and painful lesson to learn, but now I get it. I can say LONG now and 5 hours later the market says Short, [b]having the balls, gut, stomach and mechanics to change your trading plan can be hard for many traders because they get emotionally involved and marry...
Fundamental i think Bernanke and the big boys are playing games and will keep the market stagnant for now in the 1.3300 - 1.1329 rage (lama market)
- #617,813
- Mar 29, 2012 12:28pm Mar 29, 2012 12:28pm
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
ye , but the best tool and most important thing for me is Money management
Fundamental i think Bernanke and the big boys are playing games and will keep the market stagnant for now in the 1.3300 - 1.1329 rage (lama market)
Trade What You See Not What You Want To See
Hey fellows,
Like my triangle said: DOWN, DOWN and DOWN...
At the time you get connected and convicted about your trading, the fast you will become profitable!
I saw everything single post during the day and i honestly believe that there are people here that know what are doing but others.... well well well...
How can exist people here, talking about 1.34, 1.35 and even 1.36 lvls and more if Europe needs in hurry a weak EUR to raise from the crisis?
It's not about charts or fundamental stuff, it's about european life... banks have their own ways to increase and decrease currencies in order to benefit their own countries based on private partnerships and agreements.
Those levels will be reached of course, but not now... maybe in 3 or 4 or maybe more months...
Well, it's enough for now... now i should expect good and bad reactions to this post... lets see the diference between the smarts and the intelligents! I'm none, just a tired trader that need to sleep at least 10 consecutive hours.
Cheers all,
Saint
Like my triangle said: DOWN, DOWN and DOWN...
At the time you get connected and convicted about your trading, the fast you will become profitable!
I saw everything single post during the day and i honestly believe that there are people here that know what are doing but others.... well well well...
How can exist people here, talking about 1.34, 1.35 and even 1.36 lvls and more if Europe needs in hurry a weak EUR to raise from the crisis?
It's not about charts or fundamental stuff, it's about european life... banks have their own ways to increase and decrease currencies in order to benefit their own countries based on private partnerships and agreements.
Those levels will be reached of course, but not now... maybe in 3 or 4 or maybe more months...
Well, it's enough for now... now i should expect good and bad reactions to this post... lets see the diference between the smarts and the intelligents! I'm none, just a tired trader that need to sleep at least 10 consecutive hours.
Cheers all,
Saint
- #617,818
- Mar 29, 2012 12:37pm Mar 29, 2012 12:37pm
- | Membership Revoked | Joined Jun 2010 | 1,279 Posts
