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AUD/USD

  • #46,901
  • Jun 12, 2012 12:22am Jun 12, 2012 12:22am
Quoting balanced2012
what Tp and SL if you dont mind asking ???
TP = Target Profit (or Take Profits)

SL = Stop Loss
  • #46,902
  • Jun 12, 2012 12:24am Jun 12, 2012 12:24am
Quoting harvester
TP = Target Profit (or Take Profits)

SL = Stop Loss
lol thanks for the info

i was asking about his tp and sl
“Don't cry because it's over, smile because it happened.â€Â
  • #46,903
  • Jun 12, 2012 12:25am Jun 12, 2012 12:25am
Quoting RBlackburn
Hey that's cool... My stops @ 0.9933 just above the 50% Fib of the last move down. TP is at 0.9707 for now..
Why is your TP at 0.9707?
daddybearforex. com
  • #46,904
  • Jun 12, 2012 12:32am Jun 12, 2012 12:32am
Quoting DaddyBear
Why is your TP at 0.9707?
Haha... I'm short too then. But sl: 0.99200 and tp: 94800... No studying Chinese over here. I studied biology and psychology back in the states, but bad economy. I should have studied finance or accounting, or management. No clue what to do now... Jobless...
  • #46,905
  • Jun 12, 2012 12:36am Jun 12, 2012 12:36am
Quoting balanced2012
lol thanks for the info

i was asking about his tp and sl
Sorry about that...

Here is my current SL and TP:

http://i1242.photobucket.com/albums/.../Capture-1.png
  • #46,906
  • Jun 12, 2012 12:43am Jun 12, 2012 12:43am
Quoting harvester
Sorry about that...

Here is my current SL and TP:

http://i1242.photobucket.com/albums/.../Capture-1.png
Haha you moved sl to 0.99256? Cool if it hits 0.99256 it'll probably hit 0.99333 too. How come you move your tp up? I'll follow your trade... But in my mind I still think they will retest 1.0000 level.
  • #46,907
  • Jun 12, 2012 12:48am Jun 12, 2012 12:48am
Can anyone explain to me SSI index... Speculative sentiment index..... When people are net long... Why do we short? Aren't we part of this SSI data? This doesn't make sense to me. Why go on the contrary and make money... Is it because... Big guys like hedge fund, and others will play against most of the speculators and kill their balance? So the majority dies, so going contrary makes money?
  • #46,908
  • Jun 12, 2012 12:58am Jun 12, 2012 12:58am
Quoting arcticpolar
Haha you moved sl to 0.99256? Cool if it hits 0.99256 it'll probably hit 0.99333 too. How come you move your tp up? I'll follow your trade... But in my mind I still think they will retest 1.0000 level.
For me, this is a pivot trade - just before going to bed here in Houston. However, there are a few reasons I picked 0.9922 as the SL. You are correct, that if hits 0.9922, it'll keep on going - likely to retest 1.0000 as you've mentioned. However, if weakness and the downtrend continue, we may see a momentary price up, creating a divergence (from my indicators at the bottom). If it's more than just a divergence, then I get taken out - that's part of trading.

If we continue on down, I'm seeing some temporary support at 0.9887. After breaking down that level, then onto the pivot, and possibly my TP.

This will happen while I'm sleeping, so will wait to the morning to find out.

-harvester
  • #46,909
  • Jun 12, 2012 1:13am Jun 12, 2012 1:13am
Quoting harvester
For me, this is a pivot trade - just before going to bed here in Houston. However, there are a few reasons I picked 0.9922 as the SL. You are correct, that if hits 0.9922, it'll keep on going - likely to retest 1.0000 as you've mentioned. However, if weakness and the downtrend continue, we may see a momentary price up, creating a divergence (from my indicators at the bottom). If it's more than just a divergence, then I get taken out - that's part of trading.

If we continue on down, I'm seeing some temporary support at 0.9887. After breaking...
Hope when you wake up u'll see good news. I'm going to take a nap as well.
  • #46,910
  • Jun 12, 2012 2:01am Jun 12, 2012 2:01am
Quoting DaddyBear
Why is your TP at 0.9707?
0.9707 is my TP because its just above last weeks open & keeps my risk/reward high on this trade about 10:1. I may change this if the market show signs of going higher
  • #46,911
  • Jun 12, 2012 2:51am Jun 12, 2012 2:51am
Quoting Paulenok
Are you serious?..
Yes of course I'm serious
  • #46,912
  • Jun 12, 2012 2:51am Jun 12, 2012 2:51am
Quoting arcticpolar
Ha if you can go from 0.01% back to 3k... you are the best forex trader ever in forex history

You are a traded forex since 2009? how did a complete loss happen? your net profit should be a positive.... if not. there's no need to keep playing forex. it's so risky.
My net profit is a positive over the years I been trading.
  • #46,913
  • Jun 12, 2012 3:03am Jun 12, 2012 3:03am
Went short at .9900 a while ago.

Pip city to all.
It 'aint easy, bein' cheesy
  • #46,914
  • Jun 12, 2012 3:13am Jun 12, 2012 3:13am
Quoting Green_Dreams
Went short at .9900 a while ago.

Pip city to all.
Long @0.9885
  • #46,915
  • Jun 12, 2012 3:25am Jun 12, 2012 3:25am
Quoting Daytrader74
Long @0.9885
Could you tell us why?
FF journal: Peaks and Troffs
  • #46,916
  • Jun 12, 2012 3:26am Jun 12, 2012 3:26am
Without a chart or a fundamental reason, it's not worth a knob of goatshit.
FF journal: Peaks and Troffs
  • #46,917
  • Jun 12, 2012 3:33am Jun 12, 2012 3:33am
Quoting bogus
Without a chart or a fundamental reason, it's not worth a knob of goatshit.
nt even oww
  • #46,918
  • Jun 12, 2012 3:46am Jun 12, 2012 3:46am
Quoting Daytrader74
Long @0.9885
Target achieved +22 pipies
  • #46,919
  • Jun 12, 2012 3:48am Jun 12, 2012 3:48am
Short @0.9914
  • #46,920
  • Jun 12, 2012 3:58am Jun 12, 2012 3:58am
Could have made some more pipies on the ride up! oh well still banked 22 pipies in 5 mins
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