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  • #630,501
  • Apr 22, 2012 11:40am Apr 22, 2012 11:40am
Quoting chicky
lol. It takes a lot of courage to come back after a yard order turns into a backyard order.

Next time use this:


http://mandythebookworm.files.wordpr.../back_soon.jpg
i love your humour so much - do not change
  • #630,502
  • Apr 22, 2012 11:44am Apr 22, 2012 11:44am
Now trading 1.31929
  • #630,503
  • Edited 12:06pm Apr 22, 2012 11:46am | Edited 12:06pm
Quoting HDA
Now trading 1.31929
So i am out?

Out now!
  • #630,504
  • Apr 22, 2012 11:47am Apr 22, 2012 11:47am
Quoting Kamui
I've been lurking on the site for a while now, but felt compelled to post now because of the quality/inspiring comments that have been posted recently. As you can see, I am noob and probably will continue to lurk around here because I really dont have a business posting until I find my way, but you guys have no idea how helpful and inspiring the contributions that old members make for me and a lot of people who still dont have the courage to interact on the forums and are starting out.

Special thanks to:

@HDA: I stumbled...
@Kamui:

I am indeed following those principles - it took me 7 years to finally embrace them - it was hard, but I was persistent. You're Welcome My friend
  • #630,505
  • Apr 22, 2012 11:47am Apr 22, 2012 11:47am
Quoting X.work
give us ENTRY and EXIT condition which work all the time.


as for me, I use MACD when its crossing zero , using TF15.

the thing I'm not happy about, I would miss 50 to 60 pips while waiting MACD crossing zero.
Nothing's guaranteed to work all the time
But here's something which is strong probability

Price got into a zone on weekly which had been proven to be too expensive in the past

http://www.forexfactory.com/attachme...0&d=1332336969

Looking into that zone in the LTF, you could see where to place your entry
Even though this decision happened almost a year earlier, the institutions had their short orders left there.

This chart, as I've indicated is of the past decision on value
http://www.forexfactory.com/attachme...1&d=1332336969

There were only a couple of pips drawdown on this trade.
I set a conservative tg on this before I went on holiday, and returned to find my account more than 50% heavier

http://www.forexfactory.com/attachme...3&d=1335120388

If you really feel you need indi's, please only use them in confluence with big decisions on value in the past
  • #630,506
  • Apr 22, 2012 11:53am Apr 22, 2012 11:53am
Quoting PaulChin
I'm short just like you, do you think I should cut now?
@PaulChin:

I cant tell you what to do. I dont know your leverage, the size of your account and I dont know what is your exposure.

I can only share with you what Im doing, but it is not an approval for you to follow. It's just to share and make you aware of what another trader is doing. You have to decide based on those three things and what the charts are telling you, wether you should hold or exit.

I will be holding.

My answer is fair
  • #630,507
  • Apr 22, 2012 11:55am Apr 22, 2012 11:55am
Quoting mjoke
LOL i doubt that.. if he wins the 1st. he will win the 2nd.
Im french, so i can tell you.. it doesnt matter they want him over the nose.

The french want nationalist protectionism .. not to be the Bit*ch of germany anymore.
Haha, well you know better on a local level so definitely something to consider ...we'll see.
It's probably in their best interest to stay as the b*tch of Germany (I am shaking my fists in front of chest at my lectern François Mitterrand style while typing)
  • #630,508
  • Apr 22, 2012 11:55am Apr 22, 2012 11:55am
Quoting KillerWhale
Good Bye
@KillerWhale:

Its not goodbye its BACK SOON according to CHICKY
  • #630,509
  • Apr 22, 2012 11:57am Apr 22, 2012 11:57am
Quoting HDA
@PaulChin:

I cant tell you what to do. I dont know your leverage, the size of your account and I dont know what is your exposure.

I can only share with you what Im doing, but it is not an approval for you to follow. It's just to share and make you aware of what another trader is doing. You have to decide based on those three things and what the charts are telling you, wether you should hold or exit.

I...
Something else also? Or just eurusd...10 pips up now, it is quite interesting today
  • #630,510
  • Apr 22, 2012 11:58am Apr 22, 2012 11:58am
Quoting hlina9
So i am out?
@hlina9:

It's your decision - Understood Hope you had a great weekend.
  • #630,511
  • Apr 22, 2012 12:05pm Apr 22, 2012 12:05pm
Spread is now 15pips

EUR trading at 1.31903
  • #630,512
  • Apr 22, 2012 12:06pm Apr 22, 2012 12:06pm
Now trading at 1.3180
  • #630,513
  • Apr 22, 2012 12:07pm Apr 22, 2012 12:07pm
Quoting Dzm1
Haha, well you know better on a local level so definitely something to consider ...we'll see.
It's probably in their best interest to stay as the b*tch of Germany (I am shaking my fists in front of chest at my lectern François Mitterrand style while typing)

lol - Well remember WW1 .. who was the B*tch then hehe.
then got their revenge in the following..

So we will see who bends who over.
  • #630,514
  • Apr 22, 2012 12:07pm Apr 22, 2012 12:07pm
HDA, where do you see those prices? My broker's platform hasn't opened yet..I mean the market is still closed :-s
  • #630,515
  • Apr 22, 2012 12:07pm Apr 22, 2012 12:07pm
Happy Trading Traders

Away From The PC - but signed in
  • #630,516
  • Apr 22, 2012 12:10pm Apr 22, 2012 12:10pm
Quoting torex
HDA, where do you see those prices? My broker's platform hasn't opened yet..I mean the market is still closed :-s
@torex:

Oanda doesn't close - there feed is always connected to the interbank - Other brokers disconnect there feed until 5pm Eastern - Oanda doesnt

The advantage with Oanda is that even over the weekend you can get in and out of trades even though the market is closed.

And the market really isnt closed, because over the weekend there is OVER THE COUNTER trading
  • #630,517
  • Apr 22, 2012 12:11pm Apr 22, 2012 12:11pm
Quoting HDA
@hlina9:

It's your decision - Understood Hope you had a great weekend.
Jj could be better
  • #630,518
  • Apr 22, 2012 12:12pm Apr 22, 2012 12:12pm
Quoting Chicky
Hi Gamblers!

Up or down?

People who log-on early are normally losers from the previous week.

Coinflip says short!

I trust it more then I trust many people here
  • #630,519
  • Apr 22, 2012 12:16pm Apr 22, 2012 12:16pm
Quoting HDA
@torex:

Oanda doesn't close - there feed is always connected to the interbank - Other brokers disconnect there feed until 5pm Eastern - Oanda doesnt

The advantage with Oanda is that even over the weekend you can get in and out of trades even though the market is closed.

And the market really isnt closed, because over the weekend there is OVER THE COUNTER trading
So they are the best one, isnt it addictive?
  • #630,520
  • Apr 22, 2012 12:17pm Apr 22, 2012 12:17pm
You will hear alot of the traders in here speak about GAPS

Its not GAPS

On friday your broker disconnected its feed from the INTERBANK at X price and when your broker reconnects to the INTERBANK at 5pm Sunday he connects at the price the market is currently trading at.

If your broker never disconnected - you would not see a gap on your chart. So while your broker is disconnected - trading is going on and when he reconnects - he connects where the market is currently trading at - so on your chart you see a GAP, but it is not a GAP - the broker just picked up where the market is now trading.

The Spread is now 10 pips
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