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  • #652,801
  • Jun 6, 2012 9:40am Jun 6, 2012 9:40am
Quoting daltman
This has really pissed me off.

If I see it's going up, and we all read about it, and we all acknowledge it's going bullish, I buy and then it drops to my SL
The thing is , if you wait till then , till everyone sees - then it's too late - the big money , the money that actually got price to that point is already starting to exit the market. You have to learn to think in probabilities - nobody knows what will happen next. If you can learn to be right 50/50 then the next step is to take more when you win than you give back when you lose. Or you can find a method where you risk 1 for 1 and you are right more than 50% of the time.

all the best
  • #652,802
  • Jun 6, 2012 9:40am Jun 6, 2012 9:40am
Quoting mv6
e/u: i think moving down
Hard to predict in this situation. Various TF momentum showing different sign.
If ESM has enough strength in its a*s it will go up.
You cannot learn better without losing
  • #652,803
  • Jun 6, 2012 9:42am Jun 6, 2012 9:42am
Quoting kuroro001
You never put your stop at BE once in profit ?
in this strategy no , "rigid" stop loss and take profit no matter what but i make another trade scalp trade
More on my Blog...
  • #652,804
  • Jun 6, 2012 9:46am Jun 6, 2012 9:46am
is anyone gonna sell UJ GJ GU?
  • #652,805
  • Jun 6, 2012 9:47am Jun 6, 2012 9:47am
EJ is on to test last year low I reckon
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  • #652,806
  • Jun 6, 2012 9:53am Jun 6, 2012 9:53am
Quoting MeInGraySuit
Holding shorts unless break of 2530...if we break 2475 load more shorts should easily go to 2410
Nothing to add
COT: The precious data ignored
  • #652,807
  • Jun 6, 2012 9:56am Jun 6, 2012 9:56am
hello
from now i think that if you open a short position have a good chance to take profit. I wait for last up but then it go down
  • #652,808
  • Jun 6, 2012 9:57am Jun 6, 2012 9:57am
Still holding all my short 2520-2480 since this morning. We hold, we stand 2510 keep killing bull's I didn't took my profit, wish me luck
  • #652,809
  • Jun 6, 2012 9:59am Jun 6, 2012 9:59am
My take on things to come...
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  • #652,810
  • Jun 6, 2012 10:01am Jun 6, 2012 10:01am
I guess that Draghi didn't say to much today also because with Barroso and Herman van Rompuy must come in 3 weeks with solutions for EU
  • #652,811
  • Jun 6, 2012 10:08am Jun 6, 2012 10:08am
Price in a bit of a pickle right now. Can't see it braking higher today, though could go lower towards the 1,2460 level. The rest of the week is difficult to call, though I think the May Bull slaughter is over.
  • #652,812
  • Jun 6, 2012 10:10am Jun 6, 2012 10:10am
Quoting almo
My take on things to come...
I concur your excellency....

I just want it to spike up so that I can take profit and sleep even though it will climb higher towards 1.26 and beyond.
  • #652,813
  • Jun 6, 2012 10:11am Jun 6, 2012 10:11am
Quoting cat
Price in a bit of a pickle right now. Can't see it braking higher today, though could go lower towards the 1,2460 level. The rest of the week is difficult to call, though I think the May Bull slaughter is over.
I agree on a possible drift down to 1.2460 - should be a nice place to start buying
  • #652,814
  • Jun 6, 2012 10:13am Jun 6, 2012 10:13am
Quoting solsys
I concur your excellency....

I just want it to spike up so that I can take profit and sleep even though it will climb higher towards 1.26 and beyond.
Oh I know that feeling Solsys....last night in fact. I was up till 4am over here....dead tired this morning.
  • #652,815
  • Jun 6, 2012 10:15am Jun 6, 2012 10:15am
H4 interestingly shows that we are still trading in a huge 100pip range. I think it would be a good strategy to sell at resistance of range and long at support of range for today.

As the range is pretty strong.
  • #652,816
  • Jun 6, 2012 10:20am Jun 6, 2012 10:20am
Quoting Esssex
H4 interestingly shows that we are still trading in a huge 100pip range. I think it would be a good strategy to sell at resistance of range and long at support of range for today.

As the range is pretty strong.
wait for 4h closing
Mohan
  • #652,817
  • Jun 6, 2012 10:21am Jun 6, 2012 10:21am
Alright, finally the north bound train is moving.......
  • #652,818
  • Jun 6, 2012 10:22am Jun 6, 2012 10:22am
Let's have those bear stops shall we??
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  • #652,819
  • Jun 6, 2012 10:23am Jun 6, 2012 10:23am
Quoting solsys
Alright, finally the north bound train is moving.......
For how long til it run out of fuel ?
COT: The precious data ignored
  • #652,820
  • Jun 6, 2012 10:24am Jun 6, 2012 10:24am
Quoting mohan76
wait for 4h closing
Im going to play this a bit more aggressively with a tight SL. Shall wait if it hits my entry price but that is cause I have a higher risk appetite.
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