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  • #630,221
  • Apr 21, 2012 11:48am Apr 21, 2012 11:48am
Quoting cloggie
Blimey, pages and pages filled of clueless guesses as to direction, doesn't anyone of you ever look at a daily?

What is with all the doommongers saying that the euro is toast and we are gonig to 1.27 because employment is high in Spain or house owners are underwater in Ireland????


How bout a Trillion dollar TRTO, 430 Bn IMF, that's a sh!tload of zeros. Nobody really cares about the unemployment in Spain, that country is fecked for a generation, you know what, their own doing, let them live with it, they gotten themselves in the sh!t,...
Hello Cloggie.
next bit hurdle is the 326x there was some big selling on the 9th of march.
if its true that price has memory it might just plummet again,or have to fight hard to go past it.

BTW do you know who flash heart is off the blackadder?
  • #630,222
  • Apr 21, 2012 11:50am Apr 21, 2012 11:50am
Quoting pips-scout
Hello Cloggie.
next bit hurdle is the 326x there was some big selling on the 9th of march.
if its true that price has memory it might just plummet again,or have to fight hard to go past it.

BTW do you know who flash heart is off the blackadder?

3260 is a good number to watch, comes straight of the monthly, we got a minor at 3232 and the rest of the numbers I have posted already on Friday, if nobody here can be bothered to go find them, feck if I care.

We got a bit of sh!t out of France with the communist in the lead over there, that fecker got some weird ideas of how to fix the sh!t they are in, 75% income tax???? 50,000 new public service workers????? Increase pension age??????? Higher FTT???????? WTF has he been smoking, that will set France back to the stone ages.

Love blackadder.
  • #630,223
  • Apr 21, 2012 11:54am Apr 21, 2012 11:54am
Quoting Chicky
I get a strange feeling of liking you after reading your this post........................... and surprisingly I am not drunk.

Good Post.

  • #630,224
  • Apr 21, 2012 11:55am Apr 21, 2012 11:55am
Quoting Chicky
I get a strange feeling of liking you after reading your this post........................... and surprisingly I am not drunk.

Good Post.
Of Course
As I revelead the secret already a few days ago,sorry bout that sir..
Cloggie is your first wife

http://www.myemoticons.com/images/lo...de-groom-1.gif

Something a bit weird bout Cloggie..She looks a bit soft than before...seriously..Is it because Sir Chicky Service well
If there was easy money lying around,no one would be forcing it into your
  • #630,225
  • Apr 21, 2012 11:56am Apr 21, 2012 11:56am
Quoting FXMindset
Of Course
As I revelead the secret already a few days ago,sorry bout that sir..
Cloggie is your first wife

http://www.myemoticons.com/images/lo...de-groom-1.gif

I should bitchslap you, you are the 5th and as the most junior know your positon in the pecking order you biatch, now go lick the soles of my feet.
  • #630,226
  • Apr 21, 2012 11:57am Apr 21, 2012 11:57am
Quoting cloggie
To the kid underwater by 200 pips, whatever you do never ever listen to Micho, or else you may as well kiss your 6k account goodbye.

Micho is one of the best contrarians here. GS has a bounty on him of 150k, just to get hold of him, keep him in a padded room probe all his orifices and make sure that not a single of their 15,000 traders ever does what Micho does. He is the personification of why the average retailer will never make it in this business.
Cloggie, so what is your opinion on how to handle the situation? will really appreciate your help
  • #630,227
  • Apr 21, 2012 11:57am Apr 21, 2012 11:57am
Gotta watch some cars run circles in the sandpit here.


l8r
  • #630,228
  • Apr 21, 2012 11:57am Apr 21, 2012 11:57am
Quoting cloggie
I should bitchslap you, you are the 5th and as the most junior know your positon in the pecking order you biatch, now go lick the soles of my feet.
Yay! Runnn...Lolz
If there was easy money lying around,no one would be forcing it into your
  • #630,229
  • Apr 21, 2012 12:00pm Apr 21, 2012 12:00pm
Quoting cloggie
Gotta watch some cars run circles in the sandpit here.


l8r
Schumy is out of q1 omg. such a volatility with mercs!
  • #630,230
  • Apr 21, 2012 12:00pm Apr 21, 2012 12:00pm
Quoting daecpa
Cloggie, so what is your opinion on how to handle the situation? will really appreciate your help

Close out your trades, close your account, you are not a trader, you are a gambler with no luck to speak of.

Park the cash in a savings account, open a demo account in the same amount, learn how to trade and treble the account balance. Repeat the exercise 3 times and more if your equity curve is not smooth and has larger dips and valleys then 5-10% at any given time, you may have to repeat the exercise 10 times before you are ready. Feck it, you may never reach that goal, then just use the savings account to go on holiday and forget about trading.

If you do make the goal of trebling a demo account with a smooth equity curve, then start live again, you will now be equiped and ready to make your money back in no time, start a proper trading career and just see this loss as the cost of doing business, the cost of learning how to trade.

We are not going to see that entry level of yours, that was 200 pips ago, anything above 3166 is bullish, as soon as we crack 3260 we are up and away and you will only get deeper in the shi!t, the longer you wait.
  • #630,231
  • Apr 21, 2012 12:07pm Apr 21, 2012 12:07pm
Hi all
  • #630,232
  • Apr 21, 2012 12:07pm Apr 21, 2012 12:07pm
Quoting cloggie
Close out your trades, close your account, you are not a trader, you are a gambler with no luck to speak of.

Park the cash in a savings account, open a demo account in the same amount, learn how to trade and treble the account balance. Repeat the exercise 3 times and more if your equity curve is not smooth and has larger dips and valleys then 5-10% at any given time, you may have to repeat the exercise 10 times before you are ready. Feck it, you may never reach that goal, then just use the savings account to go on holiday and forget about trading....
Yea what he said
  • #630,233
  • Apr 21, 2012 12:07pm Apr 21, 2012 12:07pm
Quoting cloggie
Blimey, pages and pages filled of clueless guesses as to direction, levels and targets, doesn't anyone of you ever look at a daily?

What is with all the doommongers saying that the euro is toast and we are gonig to 1.27 because employment is high in Spain or house owners are underwater in Ireland????


How bout a Trillion dollar TRTO, 430 Bn IMF, that's a sh!tload of zeros. Nobody really cares about the unemployment in Spain, that country is fecked for a generation, you know what, their own doing, let them live with it, they gotten themselves...
dood point,no one give s $hit these days about anything,kids dying in africa every minute who cares ? most of the world are living below average income,but who cares?Greeks had balls to go out into the streets to protestnnot like irish who pay whaever they are told.But it takes another few pushes that this EU would collapse as a rotten mushroom because only countries who care are france gbp and GERMANY as they are the biggest lenders and will be the biggest loosers when one of the countries gonna tell them to *uck 0ff and no one can repay their debt and those funds are only a joke,you owe 20 billion and get another 20 billion,but no changes are made.SO this sham gonna collapse after speculation will be banned.
  • #630,234
  • Apr 21, 2012 12:22pm Apr 21, 2012 12:22pm
Quoting daecpa
Cloggie, so what is your opinion on how to handle the situation? will really appreciate your help

BTW what you did is not hedging. I used to build hedged portfolios and man that was hard, it took time, sometimes days or weeks to build a net long portfolio while reducing the underlying risk, but still keep a net long exposure to get us the results.

What you did was seeing that you had fucked up in your trade, but instead of owning up to it and being a man and just close the piece of sh!t trade out, you took out an opposing position in the same instrument, that is not hedging, that is lying to yourself, that is sticking your head in the sand and praying that the bulldozer run by Mr MC that is coming your way is not going to see you.

You end up with nothing and are now royally fecked, If you had just admitted to yourself that your trade was pisspoor and would have closed the fecker out and joined the trend you would be laughing now, but no, "nedging" gotten you in deeper shi!t then you already were.

"nedging" was invented by retail brokers to get more spread and commission out of you. Nowhere in the professional world is an opposing position in the same instrument called a "hedge", as a matter of fact if you would do that on any floor in the world, you'd be out on your @rse quicker then you can say "ah fuck"
  • #630,235
  • Apr 21, 2012 12:26pm Apr 21, 2012 12:26pm
Quoting cloggie
Blimey, pages and pages filled of clueless guesses as to direction, levels and targets, doesn't anyone of you ever look at a daily?

What is with all the doommongers saying that the euro is toast and we are gonig to 1.27 because employment is high in Spain or house owners are underwater in Ireland????


How bout a Trillion dollar TRTO, 430 Bn IMF, that's a sh!tload of zeros. Nobody really cares about the unemployment in Spain, that country is fecked for a generation, you know what, their own doing, let them live with it, they gotten themselves...
Could you write more about the G20 ... Whats going on?
  • #630,236
  • Apr 21, 2012 12:29pm Apr 21, 2012 12:29pm
Quoting hlina9
Could you write more about the G20 ... Whats going on?

Don't know, haven't checked on it yet, will do that tomorrow to get ready for the trading week.

Browse through Bloomberg/CNN/Reuters etc and see what you can find.

The only thing I heard so far was the 430 spouted late last night.
  • #630,237
  • Apr 21, 2012 12:35pm Apr 21, 2012 12:35pm
Quoting cloggie
BTW what you did is not hedging. I used to build hedged portfolios and man that was hard, it took time, sometimes days or weeks to build a net long portfolio while reducing the underlying risk, but still keep a net long exposure to get us the results.

What you did was seeing that you had fucked up in your trade, but instead of owning up to it and being a man and just close the piece of sh!t trade out, you took out an opposing position in the same instrument, that is not hedging, that is lying to yourself, that is sticking your head in the sand...
ok, got your point, besides closing the trades and admitting the loss, what would you do if you were in this position (of course I know you will have never ended in that position), but if you are such a long experienced trader, you could suggest a way out of this, or at least try, like some other in the forum have done. Guess you see euro going up?, so might as well close the sell orders and leave the buy ones open? this amount of money i can afford to lose, it is just a small acount, but want to see if there is a way out before surrendering. I prefer to fight than to surrender.
  • #630,238
  • Apr 21, 2012 12:39pm Apr 21, 2012 12:39pm
Schumacher don't matter for me!
maybe it does for you!


  • #630,239
  • Apr 21, 2012 12:39pm Apr 21, 2012 12:39pm
i disagree. systems and strategies do work. it is just that you are searching in the wrong place, called the internet. no one will post strategies that make you money for free or for hundreds of dollars. and systems do work, but again not the ones you have on the internet, and by systems, i mean the ones that hedge funds have, and they cost atleast 20 million dollars and created by professors and phd's employed exclusively by the hedge funds....meaning they do not sell it. however, since it is created by professors and not traders, it has it's flows. systems do exist but not for you or anyone on ff. strategies is a completely different thing.

Quoting pkimnyc
systems or so called (strategies) don't work. market conditions change time to time. what cloggster has is a method. it's a bit different than fixed set of rules.
  • #630,240
  • Apr 21, 2012 12:44pm Apr 21, 2012 12:44pm
Quoting t-rader
i disagree. systems and strategies do work. it is just that you are searching in the wrong place, called the internet. no one will post strategies that make you money for free or for hundreds of dollars. and systems do work, but again not the ones you have on the internet, and by systems, i mean the ones that hedge funds have, and they cost atleast 20 million dollars and created by professors and phd's employed exclusively by the hedge funds....meaning they do not sell it. however, since it is created by professors and not traders, it has it's flows....
am witnessed millions worth of robot made by some professors..but the bot was broken due volatility market

am more happy to see my friends who are Trade In DB Singapore and Nyenburgh Netherlands makes money with their daily chart..
the amazing thing is they dont need spend millions for the robot..instead they make Million annualy by focused on one pair only
If there was easy money lying around,no one would be forcing it into your
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