- #35,282
- Jun 8, 2012 8:59am Jun 8, 2012 8:59am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Oh baby oh... softcore toon pics. just what I always wanted.
heh... not exactly what I had in mind when I decided a few weeks back to get more involved...but hey, it's better than a punch in the nose or a losing trade
X
http://0.tqn.com/d/beginnersinvest/1...allocation.jpg
Those who say it cannot be done should not interrupt those who are doing it
- #35,283
- Jun 8, 2012 9:05am Jun 8, 2012 9:05am
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
Me too. I went on M1 to put trendlines to find exhaustion of teh move. As it went steeper, I grew more comfortable to be honest. Put a sneeky short @ 1.2486.
I'd like to see that crap tank further below 1.244 before end of day
I'd like to see that crap tank further below 1.244 before end of day
- #35,284
- Jun 8, 2012 9:07am Jun 8, 2012 9:07am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
I must say I really appreciate your contributions here so far. Welcome to the fold. You're an asset and you complete us
http://0.tqn.com/d/beginnersinvest/1...allocation.jpg
glad my contrarian approach to price movement and my holistic, organic approach to Senti-Fundi analysis is finding some utility by the folks around here.
I for one am glad to see a real position trader work the currency markets. Not too many of your type in retail forex... and i'm sure over time i'll glean some good stuff from your view points, especially as I look to diversify my toolkit and slow down from all this 10-50 pip intraday opportunity stuff.
Right now, i just want to plug my leaks, and fiinsh the year without a losing month. Your thread and a few others help me do that.... so the contributions of the rest here are greatly appreciated.
X
- #35,286
- Jun 8, 2012 9:09am Jun 8, 2012 9:09am
- | Joined Nov 2011 | Status: Trader | 2,104 Posts
I observe your reality but live my own. 
Gotta go guys, was GR8 to be able to hang out here, as usual learning loads and LMAO even more 
.. so you can mix business with pleasure after all! 
. As ever hope to be able to pay you guys back soon with perhaps more answers than questions for a change, in the meantime this little video will have to do! 
Have a nice wknd all.
EDIT: Also good when things don't go as planned ...and we all know how that feels!
.. so you can mix business with pleasure after all! . As ever hope to be able to pay you guys back soon with perhaps more answers than questions for a change, in the meantime this little video will have to do! Have a nice wknd all.Inserted Video
EDIT: Also good when things don't go as planned ...and we all know how that feels!
The spoken word is your master, the unspoken word your slave.
- #35,288
- Jun 8, 2012 9:16am Jun 8, 2012 9:16am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Gotta go guys, was GR8 to be able to hang out here, as usual learning loads and LMAO even more
http://www.youtube.com/watch?v=58fs5yI8K9I
EDIT: Also good when things don't go as planned ...and we all know how that feels!
Have a great weekend.
Those who say it cannot be done should not interrupt those who are doing it
Gotta go guys, was GR8 to be able to hang out here, as usual learning loads and LMAO even more
http://www.youtube.com/watch?v=58fs5yI8K9I
EDIT: Also good when things don't go as planned ...and we all know how that feels!
- #35,290
- Jun 8, 2012 9:18am Jun 8, 2012 9:18am
- | Joined Nov 2011 | Status: Trader | 2,104 Posts
Gotta go guys, was GR8 to be able to hang out here, as usual learning loads and LMAO even more
http://www.youtube.com/watch?v=58fs5yI8K9I
EDIT: Also good when things don't go as planned ...and we all know how that feels!
http://htwins.net/scale2/?bordercolor=white
I observe your reality but live my own.
- #35,291
- Jun 8, 2012 9:19am Jun 8, 2012 9:19am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Isn't confluence great?
Retest of...
1. Broken channel support
2. Daily S2 Support
3. 38.2 Fibo
4. 8 hour ema
E/U H1
Retest of...
1. Broken channel support
2. Daily S2 Support
3. 38.2 Fibo
4. 8 hour ema
E/U H1
Those who say it cannot be done should not interrupt those who are doing it
- #35,292
- Jun 8, 2012 9:29am Jun 8, 2012 9:29am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
I'm done for the week guys. Have a great weekend everyone. Going to grab ein hefeweizen bier and watch Euro tournament. Great weekend PT and all. Bis Montag.
Great weekend PT and all. Bis Montag.
I'm done for the week guys. Have a great weekend everyone. Going to grab ein hefeweizen bier and watch Euro tournament.
Thanks all, bye
The spoken word is your master, the unspoken word your slave.
- #35,294
- Jun 8, 2012 9:43am Jun 8, 2012 9:43am
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
I agree, very unlikely to see that at this time of the day on a Friday.
Entry price got revisited but I had SL @BE.
If we could finish the day below 1.247, i'll be happy enough
Entry price got revisited but I had SL @BE.
If we could finish the day below 1.247, i'll be happy enough
I don't think you're going to see that today. If anything breaks it will be your entry price to the topside as more bears may take some profit.
However, I do hope the market proves me wrong.
- #35,295
- Jun 8, 2012 10:04am Jun 8, 2012 10:04am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I agree, very unlikely to see that at this time of the day on a Friday.
Entry price got revisited but I had SL @BE.
If we could finish the day below 1.247, i'll be happy enough
Those who say it cannot be done should not interrupt those who are doing it
- #35,297
- Jun 8, 2012 10:24am Jun 8, 2012 10:24am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Hey PT!
I've been only observing this second half of the week as I had some losses earlier this week and needed to take a time out. But I have a quick question for you.
I currently have 2 Sell Limit orders:
1.253
1.257
IF any (or both) of these orders happen to get hit today, would it be unwise to hold over the weekend? I was just reading the last 10 pages of the thread or so, catching up, and I came across SwissTrader's post which talked about a possible Spanish bank bailout happening this weekend.
You mentioned that it would...
In this case, it is double unwise as we have two risk events.
1. Chinese data is due out later today after markets close. It will likely be worse than expected, but that's kind of already partially baked in to price. So if it is as or better than expected, there's probably going to be some short covering.
2. The Spanish banking saga. This one is not that much of a risk because a resolution is partially baked in already. Furthermore I don't expect a resolution, but I wouldn't trust the talking heads to not spin it up a bit to make it look like the situation is under control when in fact they don't even know how to spell the word. Remember the market is quite jittery especially being so net short the euro.
ADD: If Chinese data where to come out better than expected, we would likely see a gap up on Sunday. If that were to happen, then any pending orders you had in place on the weekend would trigger at the next available price which would be the opening price if your limit order where below it. With a reversal gap highly likely to be filled, that would be an almost guaranteed profit trade. However, you have to make sure that your order is not triggered before the Interbank shuts down
I'm not endorsing such a trade. I'm just sayin' Those who say it cannot be done should not interrupt those who are doing it
- #35,299
- Jun 8, 2012 10:36am Jun 8, 2012 10:36am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
