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  • #628,241
  • Apr 19, 2012 12:16am Apr 19, 2012 12:16am
Quoting Chicky
Zoomed in:
April open offering support here, but cable can make magic/stop hunt move before London
Mohan
  • #628,242
  • Apr 19, 2012 12:20am Apr 19, 2012 12:20am
Quoting KillerWhale
Believe me, read all his posts and you will understand it almost.
You are will rite. I read too his responder and understoud.
The Thief of Wall Street
  • #628,243
  • Apr 19, 2012 12:21am Apr 19, 2012 12:21am
Quoting Chicky
Zoomed in:
yes pin worked well, 3 bull flags very clear, but one she in now is rubbish, r/r around here is better short
my trade zone is 6009 - 6024, she has been hover just above all day, I prefer only enter when she in zone, prefer 30min close inside, then 1hr close inside, then I will be sell her to, but just now she still hover above, so is no go for me,

curious if you is long her where where would your stop loss be
If you are new to Forex? Say Goodbye to your account!!
  • #628,244
  • Apr 19, 2012 12:22am Apr 19, 2012 12:22am
Quoting Chicky
You are will rite. I read too his responder and understoud.
Don't get too smart now
New voice message: Why are you calling me? If I need you, I'll call you!
  • #628,245
  • Apr 19, 2012 12:23am Apr 19, 2012 12:23am
Quoting mohan76
April open offering support here, but cable can make magic/stop hunt move before London
150 pip sl for 50 pip gain isn't bad on this pair at this time. That's bloody fast pair.
The Thief of Wall Street
  • #628,246
  • Apr 19, 2012 12:25am Apr 19, 2012 12:25am
Quoting Chicky
150 pip sl for 50 pip gain isn't bad on this pair at this time. That's bloody fast pair.
If you are serious about your signature, then you should take at least 2500 pip stoploss for 50 pip profit.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #628,247
  • Apr 19, 2012 12:25am Apr 19, 2012 12:25am
Quoting KillerWhale
If you are serious about your signature, then you should take at least 2500 pip stoploss for 50 pip profit.
Sorry, for 25 pips profit
New voice message: Why are you calling me? If I need you, I'll call you!
  • #628,248
  • Apr 19, 2012 12:27am Apr 19, 2012 12:27am
Quoting Chicky
People waiting for Spanish bond sale. Market will be volatile, but actual move always starts after maket becomes stable...... no one wants to have their sls get hit dispite entering in the right direction .

I normally take a position long before a move occurs (with very wide to no sl) or wait until market decides where it wants to go.
Why would you take a position long before a move occurs? What is your thinking.
  • #628,249
  • Apr 19, 2012 12:28am Apr 19, 2012 12:28am
Quoting KillerWhale
If you are serious about your signature, then you should take at least 2500 pip stoploss for 50 pip profit.
That's why I said "If I were you"............... But your idea is not bad at all. I still remember your two year old trade for 16 pip short just above 1.2900 with sl at 1.6000.
The Thief of Wall Street
  • #628,250
  • Apr 19, 2012 12:30am Apr 19, 2012 12:30am
Good time for all.
Well, think EU must go up to 1.3140-47... Open long position in 1.3115 TP 1.3145
  • #628,251
  • Apr 19, 2012 12:42am Apr 19, 2012 12:42am
Quoting Greenstar
Why would you take a position long before a move occurs? What is your thinking.
I must say one of the best questions someone asked on this thread.

A big move (either a break or reversal) occurs in three ways:

1. Price instantly starts moving in one direction up or down with little or no warning (this normally happens when something bad happens or some unexpected news comes out), or

2. It first moves in opposite direction and then in its intended direction (this is most common because sellers/buyers keep on offering until those offers are taken by the other party), or

3. Up and down, up and down for several times on the break or bounce and then same day or next it slowly starts going in its longer term direction (This happens when traders differently interpret the news or an event but later actual impact becomes clearer).

I may not be there all the time to pick the right moment, therefore sometimes take a position in advance and normally no sl just to avoid getting it hit during these temporary up/down moves. For example if a news is expected on Friday and a good chance of week-end gap.
The Thief of Wall Street
  • #628,252
  • Apr 19, 2012 12:42am Apr 19, 2012 12:42am
Quoting Chicky
That's why I said "If I were you"............... But your idea is not bad at all. I still remember your two year old trade for 16 pip short just above 1.2900 with sl at 1.6000.
Currently I have set my stops for EU short @ 2.000
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  • #628,253
  • Apr 19, 2012 12:43am Apr 19, 2012 12:43am
Quoting KillerWhale
Currently I have set my stops for EU short @ 2.000
That is 6821 pips away
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  • #628,254
  • Apr 19, 2012 12:44am Apr 19, 2012 12:44am
snooze fest over?
just broke couple support

*Edit: nvm
  • #628,255
  • Apr 19, 2012 12:48am Apr 19, 2012 12:48am
We go up on dayli?
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  • #628,256
  • Apr 19, 2012 12:48am Apr 19, 2012 12:48am
Wow I just saw that a target was hit in a EU short that I was waiting for for 6 hours or so.
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  • #628,257
  • Apr 19, 2012 12:50am Apr 19, 2012 12:50am
Quoting KillerWhale
Currently I have set my stops for EU short @ 2.000
And my Geppy shorts have a SL @ 253.00, just above the 5 year high.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #628,258
  • Apr 19, 2012 12:55am Apr 19, 2012 12:55am
Quoting KillerWhale
That is 6821 pips away
Just one question: These sls for short positions are how many pip above your margin call?
The Thief of Wall Street
  • #628,259
  • Apr 19, 2012 1:02am Apr 19, 2012 1:02am
Quoting Chicky
Just one question: These sls for short positions are how many pip above your margin call?
At least 5000
New voice message: Why are you calling me? If I need you, I'll call you!
  • #628,260
  • Apr 19, 2012 1:02am Apr 19, 2012 1:02am
dax open green today , spain auction could be a trap today , have to be very careful
Mohan
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