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  • #181
  • May 15, 2012 1:13pm May 15, 2012 1:13pm
Ill never understand why people always want their hands held and the easy way out. Why not do the work yourself, it will be even more rewarding!! I personally believe in tough love.

So apparently Cullen isnt interested in playing with me so Im back here. Did you see my answer to the homework?

Shawn
Quoting HDA
@Kibrul:


I will never respond to any of your posts - you're not interested in learning how to trade - your interest is to be told what to trade, where to set stop loss and what is the exit.


I am not a signal service


Respectfully,
HDA
  • #182
  • Edited 1:54pm May 15, 2012 1:21pm | Edited 1:54pm
@Shawn3245:


This list continues - I begged them not to buy the EURO yesterday - here is my post and listen what follows after my posts the following day, which is today.

This was yesterday


Quoting HDA
DO NOT BUY THE EURO

I cant sit here and watch you traders throw away your money

WHY IS YOUR BIAS TO BUY

WHY WHY WHY WHY WHY

Quoting HDA
Traders,

If you dont know what you are doing - Sit on your hands and just watch the charts.

Stop throwing away your money.

It does me no good to sit here and watch traders destroying their mindset as the Psychology of Trading gets the better of them.

You are throwing away your money and giving it to me

Quoting HDA
Traders,

For those of you with the bias to BUY - try now to look for a reason to sell.

Put it this way - if you are walking along the street and the girl of your dreams walks right passed you and says - I like you, walk with me - Are you going to say NO - Im busy and keep walking the other way, or are you going to look up in the sky and say Thank You Lord and turn and walk with her?

It's that simple


And this was the response I got yesterday


Quoting kuroro001
I've been helping in here longer than you ever will.
And if you think saying "do not long" is helping anyone then yes you are useless.

Post something usefull for once

This is what followed TODAY


Quoting Dr_hodhod
long from 1.2825 then from 1.2781 then my last position from 1.2762 . . .

hope bulls to do their actions this session .

SL 1.2750

Quoting wiper
I went long at 1.2760 with stop at 1.2650 for 1.2970.
300K size.

Quoting daemon_delux
After all that everyone here said and done, there are still boomerangs that yell BUY?

Are you retarded, or something?

Quoting mkvy
Lets go... Buy at 1.2770, good for pooh pooh,

Quoting todstars2
what a buying opportunity!

Quoting Forex-novice
im actually happy my long got stopped out at prices 1.28083

i would be crying now if i had no stoploss

Quoting Sar
I just bought the eu. any news that can bring up the eu?

Quoting yperite
just closed all my trades. thankfully had already closed some yesterday and this morning. all together lost approximately one month worth of work. oh well. at least I'm not risking with my whole account anymore. goddamn greeks.

this is what you get for adding to losers. if you're an idiot like me, you get BE out of some, and then lose big time. not worth it.


but whoever took my money... know this... I'm after you

Quoting Forex-novice
this is so painful my moneys
Quoting Fx.med
The good thing i can do is to shutdown the laptop and comeback friday to see eurusd above 1.3 Inshallah
Quoting Seki
Hey Man, Turn-On your PC ... Hope you set stops
I REST MY CASE

Respectfully,
HDA
  • #183
  • May 15, 2012 1:27pm May 15, 2012 1:27pm
Well for what its worth I truly feel that you have proven yourself to everyone on this site. Im not just saying that because you are helping me, Im saying it because your track record has spoke for its self. The thing that should have been the biggest clue to these people is the time back in April when you lost on the one trade and you came right out and said why. I was following you before that but that was a real turning point for me. Some people will never learn!!

Quoting HDA
@Shawn3245:


This list continues - I begged them not to buy the EURO yesterday - here is my post and listen what follows after my posts the following day, which is today.

This was yesterday












And this was the response I got yesterday





This is what followed TODAY
  • #184
  • May 15, 2012 2:00pm May 15, 2012 2:00pm
OK I was using the daily chart and this is what I came up with for support and resistance areas. Please advise if Im looking at this correctly. I think this is correct. I remembered from reading some place that a line chart is the best ways to pick these areas out.

Shawn
Attached Image (click to enlarge)
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  • #185
  • May 15, 2012 3:26pm May 15, 2012 3:26pm
Quoting shawn3245
OK I was using the daily chart and this is what I came up with for support and resistance areas. Please advise if Im looking at this correctly. I think this is correct. I remembered from reading some place that a line chart is the best ways to pick these areas out.

Shawn
important support's been broken. bottom of the consolidation zone. most likely that blue line wont hold.
  • #186
  • May 15, 2012 8:06pm May 15, 2012 8:06pm
Gents, I am going to take my leave: I got sidetracked with reading / posting here today and made a mistake against my rules. I'll need to focus on my work rather than socialising (he he).

I want you all to think about the song "The gambler" by Kenny Rogers:

Every hand is a winner
Every hand is a loser

You have to know what to throw away
You have to know what to hold
You have to know when to fold

You have to know when to walk away
You have to know when to run

And while you're at it you may also want to look at the tetragram 11 and 56 of Tao Te Ching: http://www.thebigview.com/download/t...llustrated.pdf

Cheerio for now, don't know if / when I'll be back.
With due respect to all (who might have a different viewpoint).
  • #187
  • May 15, 2012 9:49pm May 15, 2012 9:49pm
Quoting pkimnyc
important support's been broken. bottom of the consolidation zone. most likely that blue line wont hold.
slight bounce then continue downwards to 1.25xx if it breaks the blue line?
  • #188
  • May 15, 2012 10:06pm May 15, 2012 10:06pm
Quoting sudosandwich
slight bounce then continue downwards to 1.25xx if it breaks the blue line?
i honestly don't know. but by the looks of it, that's the way it's forming. not familiar with this pair.
  • #189
  • May 15, 2012 10:41pm May 15, 2012 10:41pm
Quoting pkimnyc
i honestly don't know. but by the looks of it, that's the way it's forming. not familiar with this pair.
Hi pkimnyc... Was wondering the real meaning of broken support/resistance. Said if the candle tail end is in the broken region but recover above it, so does that means high chance it is broken? Or at no time should prices reaches below/above that S/R? I assume these S/R is based on 4H and above TF.
  • #190
  • May 16, 2012 6:01am May 16, 2012 6:01am
it hit the weekly lows from dec 2010, let's see if it holds as support
Attached Image (click to enlarge)
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  • #191
  • May 16, 2012 10:42am May 16, 2012 10:42am
off yesterday's low-1.27839 maybe time for short or wait for next resistance-yellow 1.28809
in any case wait and see...all eur charts are shouting long right now
Attached Image (click to enlarge)
Click to Enlarge Name: eurcadm30.gif Size: 23 KB
Wooooohooooo or Boooooohooooo
  • #192
  • May 16, 2012 11:09am May 16, 2012 11:09am
Quoting Anti_Losses
Hi pkimnyc... Was wondering the real meaning of broken support/resistance. Said if the candle tail end is in the broken region but recover above it, so does that means high chance it is broken? Or at no time should prices reaches below/above that S/R? I assume these S/R is based on 4H and above TF.
price can pierce the support zone. usually gives us a reversal candle. that usually indicates a rejection (strong bounce). if the candle close outside the support area than i would assume it's a break. it's kind of difficult to explain things in text. you'll just have to experience it.
  • #193
  • May 16, 2012 11:10am May 16, 2012 11:10am
Quoting torkay77
it hit the weekly lows from dec 2010, let's see if it holds as support
btw, it's all relative. nothing in concrete form.
  • #194
  • May 16, 2012 11:34am May 16, 2012 11:34am
Quoting gnomoneey
off yesterday's low-1.27839 maybe time for short or wait for next resistance-yellow 1.28809
in any case wait and see...all eur charts are shouting long right now

thanx for nice chart...was worried..and thinking it might have got out
of he down trend...
  • #195
  • May 16, 2012 11:49am May 16, 2012 11:49am
i wonder where killer whale is...hope u doing ok KW
  • #196
  • May 16, 2012 12:33pm May 16, 2012 12:33pm
Quoting ash_k
thanx for nice chart...was worried..and thinking it might have got out
of he down trend...
thx...

lets see where the close of daily candle will tell us...i think that's the big clue imo
Wooooohooooo or Boooooohooooo
  • #197
  • May 16, 2012 8:03pm May 16, 2012 8:03pm
Hello everyone,

HDA I sent you a message with my homework and a few questions. When you get time take a look at it and let me know your thoughts.

I made three trades today, 2 longs and 1 short. All of the trades were for 15 wins. I stuck to the plan/rules and came out on top. I think that I might be over trading this but I guess I cant complain right now.

Hope all is well with everyone

Shawn
  • #198
  • May 17, 2012 6:31am May 17, 2012 6:31am
Went short at 1.2869 with a 15 pip target. Thinking if I post my trades here it will keep me on my toes.

Shawn
  • #199
  • Edited 7:09am May 17, 2012 6:56am | Edited 7:09am
@shawn3245:

I will look at the homework I gave you to do and see how you made out. Based on the trade you just posted - you are not following the rules correctly - your trade will work out just the same - but your execution needs addressing.

I will help you with that.

However there is alot more to teach you and I will invest the time to teach you because you are willing to learn. So far we have just been covering SKILL

But your greatest hurdle is going to be the Psychology.

Agreement #2 is part of that process in THE BOOK THE FOUR AGREEMENTS.

I will be giving you another audio book to get, when the time is right. None of the books I will ever share with you will be trading books. All these books will be dealing with the Psychology of Trading, but they have absolutely nothing to do with trading.

I am going to drawn on examples from many of the threads here at FF to illustrate the point and how do deal with it.

As I said - I dont have the time to mentor you - so when I give you home work - it will take me sometime to get back to you on them

As part of your training - I want you to only focus on EUR/CAD for the next 3 months - because I want you to learn patience and this pair will teach it to you very very well. You will also be growing your account over the time so that you can then create sub accounts and I'll show you how to trade each sub account and why you will trade them the way you are suppose to. Then we can look at EUR/USD but you need to first develop your strength as a trader.

Im taking my dad to get his Dialysis done so I will be away for a bit.

Shawn3245, I can only help you if you are willing and serious.

I am going to help you to prepare for the very BAD of the Forex and also to protect you from the very GOOD of the Forex.

Once again, all of this free of cost, your only payment is to show me that you are learning

Respectfully,
HDA
  • #200
  • May 17, 2012 7:22am May 17, 2012 7:22am
That is really great of you HDA, I hope I can be part of this somehow as well. For the time being, I am just absorbing your posts.
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