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  • #664,821
  • Jul 4, 2012 2:40am Jul 4, 2012 2:40am
Quoting fxkiller
[b][color=DarkRed]No a rookie or a new trader should not scalp, still he get learned, when to scalp!

Scalp just not mean, that you open sell or buy order blindly! You have to know, when to enter and when to exit exactly at perfect time, because the spike can turn very fast into other direction!

Every new and unprofessional trader should first trade with trend only. With this, they will learn trading and also will not lose so much, such like in current market position.. this kind of market position and losses from scalping do effect traders emotionally...
There is always a trend and within this trend always a range (until it breaks, so that is why one should have a sl, tp and good mm). Anyway what trend you refering to, hourly, 4 hourly, day, week, month. even withing those trends as i said is a range and there are also spikes that will kill of rookies.

And a buy or sell should never be done blindly, or do you suggest it only applies to scalping (that would be weird)
  • #664,822
  • Jul 4, 2012 2:42am Jul 4, 2012 2:42am
Quoting Mr.MaginCole
Say ECB cut there rate and at the same time USA announce QE3....will your sentiments still hold?? Would you still go ahead and short EURUSD???
If the Fed chooses to Announce QE3 it will after a Fed Reserve meeting, ECB is this Thursday, the Fed was last week
  • #664,823
  • Jul 4, 2012 2:54am Jul 4, 2012 2:54am
Quoting Magicgoan
There is always a trend and within this trend always a range (until it breaks, so that is why one should have a sl, tp and good mm). Anyway what trend you refering to, hourly, 4 hourly, day, week, month. even withing those trends as i said is a range and there are also spikes that will kill of rookies.

And a buy or sell should never be done blindly, or do you suggest it only applies to scalping (that would be weird)
You seems to be again one of over smarties here with this kind of attitude..

this kind of quotes do not really help too much!

Trading is not about to make profit! Trading is about to make CONTINEUSLY profit..! And only smart decision takers stay in this game for long-term and oversmarties do fail in short-time period!

Well i dont think, i need to write more with you, because your account balance will soon give you the answer itself.. gl
  • #664,824
  • Jul 4, 2012 2:55am Jul 4, 2012 2:55am
Quoting Mr.MaginCole
Say ECB cut there rate and at the same time USA announce QE3....will your sentiments still hold?? Would you still go ahead and short EURUSD???
no FED meeting this week. so no QE3.
Bernanke cant go by his own and announce it in the middle of the day.

Does those politics sitting all nigth long and making decitions??? ( friday morning example)
  • #664,825
  • Jul 4, 2012 2:58am Jul 4, 2012 2:58am
Ok. it could be another scenario.
0.75% and euro strong up i call it dirty game.
but in long term it should fall back to 2450 level even 2400
  • #664,826
  • Jul 4, 2012 3:00am Jul 4, 2012 3:00am
75 fighting back again
Attached Image
  • #664,827
  • Jul 4, 2012 3:03am Jul 4, 2012 3:03am
Quoting fxkiller
You seems to be again one of over smarties here with this kind of attitude..

this kind of quotes do not really help too much!

Trading is not about to make profit! Trading is about to make CONTINEUSLY profit..! And only smart decision takers stay in this game for long-term and oversmarties do fail in short-time period!

Well i dont think, i need to write more with you, because your account balance will soon give you the answer itself.. gl
im not the one telling im a smartie im just asking, and i asked you why a rookie shouldnt be doing scalping, just because you say they souldnt isn the best valid reason to me. I also asked you what trend they should trade. Why dont you answer but get insulting, it makes me wonder.

And dont worry about my balance, mm is in my mind all the time.
  • #664,828
  • Jul 4, 2012 3:05am Jul 4, 2012 3:05am
it seems we are going back to 95
  • #664,829
  • Jul 4, 2012 3:06am Jul 4, 2012 3:06am
as long as 73 hold,the very short term trend remains up
Sometimes it's better to be wrong,to learn..
  • #664,830
  • Jul 4, 2012 3:08am Jul 4, 2012 3:08am
Quoting shmandi
it seems we are going back to 95
i believe 2695 tomorrow
Sometimes it's better to be wrong,to learn..
  • #664,831
  • Jul 4, 2012 3:14am Jul 4, 2012 3:14am
Quoting KiNgEdwarD
as long as 73 hold,the very short term trend remains up
I have seen in my 15min chart 1.2573 as 78.6% fibo.
Attached Image
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #664,832
  • Jul 4, 2012 3:14am Jul 4, 2012 3:14am
Quoting KiNgEdwarD
as long as 73 hold,the very short term trend remains up
please break down 73... hahaha, I have Short trade on 2591.. SL on BE..
  • #664,833
  • Jul 4, 2012 3:18am Jul 4, 2012 3:18am
Quoting KiNgEdwarD
as long as 73 hold,the very short term trend remains up
Does the 73 is a serious support?I see it will attack 1.2560 and go south to check the H1 Fib 50% (1.2550)
"Study the past if you would define the future." Confucius
  • #664,834
  • Jul 4, 2012 3:21am Jul 4, 2012 3:21am
finally GU is in move.. i was waiting for this..

EU still on 80-75..needs a strong breakout here..
Attached Image (click to enlarge)
Click to Enlarge Name: 5min.jpg Size: 58 KB
  • #664,835
  • Jul 4, 2012 3:21am Jul 4, 2012 3:21am
Quoting alexbs
please break down 73... hahaha, I have Short trade on 2591.. SL on BE..
i have long open from 2610
Sometimes it's better to be wrong,to learn..
  • #664,836
  • Jul 4, 2012 3:22am Jul 4, 2012 3:22am
Yes ...

Next station is probably around 1.2569 zone ...

2012-07-03_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-27 # i45 (Text DE)

First down ... then up(!) ... and we did say that at various places ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #664,837
  • Jul 4, 2012 3:22am Jul 4, 2012 3:22am
Gmorning guys and gals

Let's hope for some direction today... This up and down is making me
Yesterday's range was a mere 68
The average range is about 108...

  • #664,838
  • Jul 4, 2012 3:23am Jul 4, 2012 3:23am
Quoting littlemole
Does the 73 is a serious support?I see it will attack 1.2560 and go south to check the H1 Fib 50% (1.2550)
needs to break it first,then i believe we may see a bounce at 1.2525 area
Sometimes it's better to be wrong,to learn..
  • #664,839
  • Jul 4, 2012 3:28am Jul 4, 2012 3:28am
Quoting KiNgEdwarD
i believe 2695 tomorrow

you don't have a clue what you are talking about please stop quoting random numbers thinking people will respect you for it....

fact they won't

put up some analysis if you want to quote numbers
  • #664,840
  • Jul 4, 2012 3:29am Jul 4, 2012 3:29am
Quoting KiNgEdwarD
i have long open from 2610

oh deja vu didn't you do this yesterday
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