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  • #667,361
  • Jul 10, 2012 3:11pm Jul 10, 2012 3:11pm
Quoting tonyo524
Remember, this is the internet. Believing everything you read on this forum is like believing that sexy voice and hot pic that you see on your dating site is really the person you're talking to. Unless you have verified with your own eyes that they are not demo trading. In addition, I would take a demo traders analysis with a grain of salt, because the live experience with real money is a totally different monster!
Nice to see u Back
  • #667,362
  • Jul 10, 2012 3:13pm Jul 10, 2012 3:13pm
Quoting chess king
good good book...("Trading in the Zone")
I read it several times and eventually got an audio book from audible.com/amazon and listen to it often on my way to work and back (at least an hour to each direction), not always I still listen to ASOTs
  • #667,363
  • Jul 10, 2012 3:20pm Jul 10, 2012 3:20pm
Quoting egkid
Nice to see u Back
Hey EG how ay been? I've been lurking, but haven't seen you around. Mostly been on skypw with a few of the members from the Cesnarc thread. Hope all is good. I see a lot of drama lately in your hometown!
All that is left in FF is just plain garbage. "Cloggie"
  • #667,364
  • Jul 10, 2012 3:23pm Jul 10, 2012 3:23pm
Quoting jezek5
With the indices tanking hard one would expect
fiber to take another dive but the old girl looks to be holding
up at the moment,there just doesn't seem to be any follow through
in fiber today.
Yeah the momentum is weak, but trade is still worth trying.

KillerWhale - Are you referring to making a double bottom at June 1st lows or yesterdays lows? Weekly candle looks awfully bearish to me as well, leading me to believe that June 1st lows have little chance of holding this week.
Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.
  • #667,365
  • Jul 10, 2012 3:26pm Jul 10, 2012 3:26pm
Quoting KillerWhale
It's only his big mouth that sets him apart
It is possible to make large sums trading, small losses, large wins
  • #667,366
  • Jul 10, 2012 3:26pm Jul 10, 2012 3:26pm
Quoting mikeylp
I read it several times and eventually got an audio book from audible.com/amazon and listen to it often on my way to work and back (at least an hour to each direction), not always I still listen to ASOTs
The list can be read by BRADLEY G
1. Reminiscences of a Stock Operator - Edwin Lefevre
2. The Market Wizards Series - Jack Schwager
3. Trading in the Zone - Mark Douglas
This is the definitive guide on trading psychology. No other explanation needed.

4. Liar's Poker and The Big Short - Michael Lewis
5. When Genius Failed - Roger Lowenstein
6. Pit Bull - Martin Schwartz
7. Wall Street - Oliver Stone
  • #667,367
  • Jul 10, 2012 3:27pm Jul 10, 2012 3:27pm
Quoting tonyo524
Hey EG how ay been? I've been lurking, but haven't seen you around. Mostly been on skypw with a few of the members from the Cesnarc thread. Hope all is good. I see a lot of drama lately in your hometown!
Try to pick good trade only so not online much.
Yeah things start to b good but Not easy to finish years of corruption but after all things are positive.Just Time all we need.
  • #667,368
  • Jul 10, 2012 3:33pm Jul 10, 2012 3:33pm
Quoting Chicky
Completely wrong.

The correct advice is "Always trade with someone else's money that you can steal and he/she can afford to lose".
Just put it on credit cards. Nice and easy to fund your accounts.
The banks can always book it under "bad debt"
New voice message: Why are you calling me? If I need you, I'll call you!
  • #667,369
  • Jul 10, 2012 3:35pm Jul 10, 2012 3:35pm
Quoting zusch
Yeah the momentum is weak, but trade is still worth trying.

KillerWhale - Are you referring to making a double bottom at June 1st lows or yesterdays lows? Weekly candle looks awfully bearish to me as well, leading me to believe that June 1st lows have little chance of holding this week.
The low was last Sunday @ 1.2230 @ 3 PM Eastern not June 1st.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #667,370
  • Jul 10, 2012 3:44pm Jul 10, 2012 3:44pm
Quoting KillerWhale
The low was last Sunday @ 1.2230 @ 3 PM Eastern not June 1st.
this information is very useful and brokers do not update all the charts ...
I knew someone in FF had, but I think it is cheating the poor.
is just my opinion
  • #667,371
  • Jul 10, 2012 3:46pm Jul 10, 2012 3:46pm
Quoting KillerWhale
The low was last Sunday @ 1.2230 @ 3 PM Eastern not June 1st.
So that low is 1.2255 for me and if we were to close well below that level there is good reason to believe tomorrow will be down as well. Should EURUSD close above that point I exit for small loss.
Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.
  • #667,372
  • Jul 10, 2012 3:46pm Jul 10, 2012 3:46pm
Can we get to that low!? (June, 7th 2010)

http://i50.tinypic.com/kd92cz.png
  • #667,373
  • Jul 10, 2012 3:47pm Jul 10, 2012 3:47pm
Quoting chess king
this information is very useful and brokers do not update all the charts ...
I knew someone in FF had, but I think it is cheating the poor.
is just my opinion
Most brokers were closed at that time, my MT4 has 1.2255 as low, only Oanda shows the real low.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #667,374
  • Jul 10, 2012 3:59pm Jul 10, 2012 3:59pm
Quoting egkid
Try to pick good trade only so not online much.
Yeah things start to b good but Not easy to finish years of corruption but after all things are positive.Just Time all we need.
Good to hear, we have our own problems here in the good ole U.S anyway time to put my glasses on so I can stop typing like a 5th grader. Trade well, talk to ya later.
All that is left in FF is just plain garbage. "Cloggie"
  • #667,375
  • Jul 10, 2012 4:01pm Jul 10, 2012 4:01pm
Quoting KillerWhale
Most brokers were closed at that time, my MT4 has 1.2255 as low, only Oanda shows the real low.
I saw these lows in FXCM as well, but these were pre market bids/sells; I can see those quotes one or two hours before the forex market opens.
The same happens in exchange in pre and post market times, for 15 or 30 minutes (I haven't traded shares for 2 years now).
  • #667,376
  • Jul 10, 2012 4:04pm Jul 10, 2012 4:04pm
Quoting mikeylp
I saw these lows in FXCM as well, but these were pre market bids/sells; I can see those quotes one or two hours before the forex market opens.
The same happens in exchange in pre and post market times, for 15 or 30 minutes (I haven't traded shares for 2 years now).
Forget about Oanda. Another member quoted the sunday low from his reuters feed: It´s at 1.2226.

edit: though you better ask a professional for guidance on that matter. I´m not too sure either what to make of all these different quotes.
  • #667,377
  • Jul 10, 2012 4:05pm Jul 10, 2012 4:05pm
That is 1 hour chart. 1.2280 looks possible, but I still need to see some bullish threat before I get out.
Attached Image (click to enlarge)
Click to Enlarge Name: 7.11.12 EURUSD Outlook.png Size: 24 KB
Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.
  • #667,378
  • Jul 10, 2012 4:19pm Jul 10, 2012 4:19pm
Quoting zusch
That is 1 hour chart. 1.2280 looks possible, but I still need to see some bullish threat before I get out.
I see you're a weekly trader so its clear why you are so keen
to sell at this level,on the weekly its screeming 2000 at least,
todays bar looks like its going to be a bearish engulfing and lowest
close in over a year,(turtle trade anyone?)
if there is no backing and filling back up to 2280 then i think it
proves just how weak this thing is.
You can remain irrational longer than you can remain solvent.
  • #667,379
  • Jul 10, 2012 4:24pm Jul 10, 2012 4:24pm
PFGBest comment:
"PFGBest has frozen its customers’ accounts after an apparent suicide attempt by its owner Russell R. Wasendorf Sr. and a report from an industry group that more than $200 million in customer funds at the Iowa-based trading company are missing" http://marketday.msnbc.msn.com/_news...s-suicide?lite
That guy is lame, lacks in everything...
  • #667,380
  • Jul 10, 2012 4:36pm Jul 10, 2012 4:36pm
Quoting jezek5
I see you're a weekly trader so its clear why you are so keen
to sell at this level,on the weekly its screeming 2000 at least,
todays bar looks like its going to be a bearish engulfing and lowest
close in over a year,(turtle trade anyone?)
if there is no backing and filling back up to 2280 then i think it
proves just how weak this thing is.
That would be the ideal situation and 1.200 would be imminent like you also mentioned.
Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.
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