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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #37,281
  • Jun 15, 2012 6:27am Jun 15, 2012 6:27am
Quoting FXMindset
Trying long @ 1.2615 stop @ 1.2541 Risk 2 % TP : Open
Took a similar long at 1.2611 on that leg down from the H&S on the 5M chart. TP will be around the 78.6% retrace but I'm going to watch it as it nears there. We are clearly in a short term up trend and it could continue to go from there.
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I observe your reality but live my own.
  • #37,282
  • Jun 15, 2012 6:27am Jun 15, 2012 6:27am
Can anyone recommend some good trading psychology books? Or just good trading books in general? Thank you in advance
An opportunity lost is not a capital cost.
  • #37,283
  • Jun 15, 2012 6:31am Jun 15, 2012 6:31am
Quoting AFXFin
Shame on you Recon flirting like that - I thought you were about to get married
I thought so but I find myself more compatible with Internet flirting
  • #37,284
  • Jun 15, 2012 6:33am Jun 15, 2012 6:33am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting rekon67
I thought so but I find myself more compatible with Internet flirting
I don't believe internet marriage would work out - at least if you are about get any offspring
  • #37,285
  • Jun 15, 2012 6:33am Jun 15, 2012 6:33am
Quoting BFSGcapital
Can anyone recommend some good trading psychology books? Or just good trading books in general? Thank you in advance
This book is geared more for the Equity market and covers extensively the physhology of trading (first 9 chapters pretty much devoted to it). "Tools and Tactics for the Master Day Trader" by Velez and Capra.

I also liked "Trend Trading for a Living" by Carr. It's more about technical setups and how to trade them.

Of course there's always "Encyclopedia of Stock Patterns" by Bulkowski if you have problems sleeping at night!
I observe your reality but live my own.
  • #37,286
  • Jun 15, 2012 6:36am Jun 15, 2012 6:36am
Quoting CurrencyMan
I recently opened a forex account with them and deposited $ 10,000 US Dollars.

They gave me a cash bonus of $1,200 US Dollars.

How has your experience been with them?

I am using their Ava Trader platform.

Thanks for any information you can share. You can PM me if you like.

Thanks

CM
I will PM you
I observe your reality but live my own.
  • #37,287
  • Edited 6:52am Jun 15, 2012 6:40am | Edited 6:52am
Quoting Skynet
UPDATE: short entered at 1.2635. Let us see how this turns out giving the insanity on us.....
Quoting Skynet
your TP is around my own too: chart attached:
Well, my B/E point of 1.2610 has been reached, locked in +25 pips. (that was my risk, that is, my sl was at 1.2660). Now it is a risk free trade.
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" It may mean something. It may mean nothing at all "
  • #37,288
  • Jun 15, 2012 6:41am Jun 15, 2012 6:41am
Quoting AFXFin
I don't believe internet marriage would work out - at least if you are about get any offspring
Am really tired with marriage thoughts, I think I can not chase for my future wife ... infact am tired of chasing ... last one decade I really liked 4 girls but they are now happily married.
  • #37,289
  • Jun 15, 2012 6:43am Jun 15, 2012 6:43am
Quoting Skynet
Well, my B/E point of 1.2610 has been reached, locked in +25 pips. (that was my risk, that is, my sl was at 1.2660). Now it is a risk free trade.
Well done.
I observe your reality but live my own.
  • #37,290
  • Jun 15, 2012 6:44am Jun 15, 2012 6:44am
This is what I see on my 1HR chart is there any one that can comment on this as I see a short coming up.
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He who fears being conquered is sure of defeat - Napoleon Bonaparte
  • #37,291
  • Jun 15, 2012 6:44am Jun 15, 2012 6:44am
Quoting rekon67
Am really tired with marriage thoughts, I think I can not chase for my future wife ... infact am tired of chasing ... last one decade I really liked 4 girls but they are now happily married.
It's when you stop looking that you find the one.
I observe your reality but live my own.
  • #37,292
  • Jun 15, 2012 6:44am Jun 15, 2012 6:44am
Quoting Luis Carlos
I am short also... 1.2630 TARGET: 1.255
Quoting Desouza
I'm doing the same...let see what happens
How is it going for you lads? my be point of +25 pips has been triggered. right now, i am sitting risk free.
" It may mean something. It may mean nothing at all "
  • #37,293
  • Jun 15, 2012 6:48am Jun 15, 2012 6:48am
Quoting Cgb
Well done.
thank you, sir.

(if this were the old days(3 days ago), i will be all out taunting the longs, making fun of them...talking about how i will beat their shorts like a red-headed stepchild....hahahaha.)

CGB, are you flat or in any trade at this moment?
" It may mean something. It may mean nothing at all "
  • #37,294
  • Jun 15, 2012 6:49am Jun 15, 2012 6:49am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting rekon67
Am really tired with marriage thoughts, I think I can not chase for my future wife ... infact am tired of chasing ... last one decade I really liked 4 girls but they are now happily married.
I assume not with you?

C'mon - don't lose your faith. You'll find a perfect for you once you are ready.
You are ready when you find a one whom you feel comfortable with.

As long as you are looking something too perfect, you are not ready and you keep on flirting in trading forum...
  • #37,295
  • Jun 15, 2012 6:54am Jun 15, 2012 6:54am
Quoting Cgb
This book is geared more for the Equity market and covers extensively the physhology of trading (first 9 chapters pretty much devoted to it). "Tools and Tactics for the Master Day Trader" by Velez and Capra.

I also liked "Trend Trading for a Living" by Carr. It's more about technical setups and how to trade them.

Of course there's always "Encyclopedia of Stock Patterns" by Bulkowski if you have problems sleeping at night!
Thank you for the recommendations I will take a look. I definitely want to include more position trades into my trading as well so I will probably get Trend Trading for a Living.
An opportunity lost is not a capital cost.
  • #37,296
  • Jun 15, 2012 6:54am Jun 15, 2012 6:54am
1.2600 will be a hesitater again - there goes H1 rising TL
69
  • #37,297
  • Jun 15, 2012 6:57am Jun 15, 2012 6:57am
Quoting Likerty
1.2600 will be a hesitater again - there goes H1 rising TL
Daily pivot also sits there. We break, we target 200ema on 15TF around 1.2590 area. Break that then 1.2569 weekly pivot. Max down move should be hourly 200 ema around 1.2545.
  • #37,298
  • Jun 15, 2012 6:59am Jun 15, 2012 6:59am
hey bro..

Ive got weekly pivot at 2507?

Quoting FXSwissTrader
Daily pivot also sits there. We break, we target 200ema on 15TF around 1.2590 area. Break that then 1.2569 weekly pivot.
"Millionaires don't use astrology, billionaires do"
  • #37,299
  • Jun 15, 2012 7:01am Jun 15, 2012 7:01am
Quoting forex_growth
hey bro..

Ive got weekly pivot at 2507?
I have weekly pivot at 1.25769
I observe your reality but live my own.
  • #37,300
  • Jun 15, 2012 7:01am Jun 15, 2012 7:01am
Quoting forex_growth
hey bro..

Ive got weekly pivot at 2507?
That was discussed earlier in the week. Most have 1.2564/69 area. Some have 1.2507. All due to broker feed. London feed is 1.2564/69.
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