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  • #11,661
  • Apr 24, 2012 3:49am Apr 24, 2012 3:49am
hi,

I have question,
if when i enter trade long, i get trendline down but extreme/TVI is still up, before reach the 30 pips for breakeven, should i close trade or wait until extreme/tvi become red/down ?

thanks
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  • #11,662
  • Apr 24, 2012 3:56am Apr 24, 2012 3:56am
Repetitive questions in this thread is KILLING me. If people would just take the time to read the 1ST POST and at least the last couple months, the same questions and answers are there. Seems like every 5 or so post, talks about exit. Usually the SAME question asked previously. Is it me or am I just too sensitive?
  • #11,663
  • Apr 24, 2012 4:01am Apr 24, 2012 4:01am
Quoting FXSwissTrader
Repetitive questions in this thread is KILLING me. If people would just take the time to read the 1ST POST and at least the last couple months, the same questions and answers are there. Seems like every 5 or so post, talks about exit. Usually the SAME question asked previously. Is it me or am I just too sensitive?
I think some people are trying to trade this rubbish PA......there are times, now is one of them, when it's better to keep your money in your pocket. You don't *have* to trade just because the market is open.

High probability trades only!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,664
  • Apr 24, 2012 4:08am Apr 24, 2012 4:08am
and when you know that ?
good moves can happen when you donīt expect.
i'm trading system in london market by the rules.

if you know something that we donīt know why donīt you share?

Quoting realjumper
I think some people are trying to trade this rubbish PA......there are times, now is one of them, when it's better to keep your money in your pocket. You don't *have* to trade just because the market is open.

High probability trades only!!!
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  • #11,665
  • Apr 24, 2012 4:09am Apr 24, 2012 4:09am
Quoting realjumper
I think some people are trying to trade this rubbish PA......there are times, now is one of them, when it's better to keep your money in your pocket. You don't *have* to trade just because the market is open.

High probability trades only!!!

Agree RJ! PA is very bad so far today. Overbought/Oversold/Sideways..... Too many confirmations NOT to trade until we get clear direction! Not everyday can be like yesterday.
  • #11,666
  • Apr 24, 2012 4:13am Apr 24, 2012 4:13am
Quoting mike2k
and when you know that ?
good moves can happen when you donīt expect.
i'm trading system in london market by the rules.

if you know something that we donīt know why donīt you share?
With total daily range so far since 5pm EST last night of only 39 pips on EU that should give you a bit of a clue it could be ranging.
  • #11,667
  • Apr 24, 2012 4:13am Apr 24, 2012 4:13am
Quoting realjumper
I think some people are trying to trade this rubbish PA......there are times, now is one of them, when it's better to keep your money in your pocket. You don't *have* to trade just because the market is open.

High probability trades only!!!
Hi RJ, I think the ability to tell *rubbish* time and stay away from market is a very big difference between newbie and experienced trader, that's why I talked about 6th sense in my previous post, an experienced trader can smell smoke before all people see the fire, they will stay in safe place rather than entering into market even if there is a signal!

Can I treat *rubbish PA* you mentioned as choppy or whipsaw PA? In another word, a ranging market? Well that comes another question, usually we cannot predict market, we can only know whether it's trending or ranging after market proves it, but when we know that, time is too late to enter... How can you avoid similar issue?
  • #11,668
  • Apr 24, 2012 4:18am Apr 24, 2012 4:18am
Quoting mike2k
and when you know that ?
good moves can happen when you donīt expect.
i'm trading system in london market by the rules.

if you know something that we donīt know why donīt you share?
Just look at the PA man......jumping up and down like a yo yo....I'm not here to spoon feed you......use your eyes and drop the attitude
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,669
  • Apr 24, 2012 4:23am Apr 24, 2012 4:23am
Realjumper,

i'm long in gbpusd in your opinion should i stay or get out with 50 pips profit ?
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  • #11,670
  • Apr 24, 2012 4:23am Apr 24, 2012 4:23am
Quoting mike2k
and when you know that ?
good moves can happen when you donīt expect.
i'm trading system in london market by the rules.

if you know something that we donīt know why donīt you share?

I would wait until the U.S open to see if PA will have some direction. London PA is not co-operating.
  • #11,671
  • Apr 24, 2012 4:25am Apr 24, 2012 4:25am
Quoting mike2k
Realjumper,

i'm long in gbpusd in your opinion should i stay or get out with 50 pips profit ?
I don't manage other peoples trades
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,672
  • Apr 24, 2012 4:25am Apr 24, 2012 4:25am
Quoting ohammond
What is your trendline setting in the matrix? The reason I ask is because I took the EJ signal on H1 on the candle before, targeting the first atr line and pivot, also round number and its closed for +45.
Trendline setting are 20, 5. I was looking at entering on the previous candle but was missing 1 blue light for a full signal at the time.
  • #11,673
  • Apr 24, 2012 4:25am Apr 24, 2012 4:25am
Quoting mike2k
Realjumper,

i'm long in gbpusd in your opinion should i stay or get out with 50 pips profit ?

Heavy resistance above 1.6150/60 and the pair is overbought and going sideways. What to do with that info?
  • #11,674
  • Apr 24, 2012 4:28am Apr 24, 2012 4:28am
thanks fxswisstrader, i think get out is better right ?

Quoting FXSwissTrader
Heavy resistance above 1.6150/60 and the pair is overbought and going sideways. What to do with that info?
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  • #11,675
  • Apr 24, 2012 4:30am Apr 24, 2012 4:30am
Quoting mike2k
thanks fxswisstrader, i think get out is better right ?

I just provided you with info. It is up to you to decide what to do.
  • #11,676
  • Apr 24, 2012 4:32am Apr 24, 2012 4:32am
GU Bearish divergence....not confirmed, but worth watching......fwiw
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 110 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,677
  • Apr 24, 2012 4:35am Apr 24, 2012 4:35am
very good answer!
answer of who think it is better then others.
I apologize for your highness!

Quoting realjumper
I don't manage other peoples trades
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  • #11,678
  • Apr 24, 2012 4:37am Apr 24, 2012 4:37am
Quoting Arcane Tech
Trendline setting are 20, 5. I was looking at entering on the previous candle but was missing 1 blue light for a full signal at the time.
If its one of those that are missing and everything else is there, I always go in anyway, but you have to trade how you're comfortable trading, its just that a bar later you will find they will look like you should have gone in anyway because they repaint so far back.
  • #11,679
  • Apr 24, 2012 4:38am Apr 24, 2012 4:38am
Quoting mike2k
very good answer!
answer of who think it is better then others.
I apologize for your highness!
c'mon grew up!
What you learn if someone else decides your trades? Give the money to a manager and don't waste time on the forum if you don't want to learn trading by yourself
We become what we think about
  • #11,680
  • Apr 24, 2012 4:40am Apr 24, 2012 4:40am
Quoting mike2k
very good answer!
answer of who think it is better then others.
I apologize for your highness!
A great deal of work has been done on this thread by some very helpful people who are also very good traders. There is a wealth of information here, and all you have to do is read it and practice.

We DO NOT provide a signal service and we DO NOT manage other people trades. You need to go here and learn the basic of trading.
Doing what you like is Freedom. Liking what you do is Happiness.
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