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  • #671,321
  • Jul 24, 2012 11:30am Jul 24, 2012 11:30am
Quoting Compulsive
Still short from 1.27080 and would love to hear a good technical analysis on a Bull.....besides that is do for a bounce (everything will bounce)....target still 1.1950 (when? I have no idea)....however I am getting nervous and ready to take profits. Current stop at 1.23555
Moved all stops at 1.2153
  • #671,322
  • Jul 24, 2012 11:30am Jul 24, 2012 11:30am
Quoting KumoDragon
LOLz another bottom picker.
u r welcome to comment my style of trading m8
  • #671,323
  • Jul 24, 2012 11:32am Jul 24, 2012 11:32am
people, the ita40 index today broke the low of 2008 (new all time low), the gold.. if it break the support nobody know where it will go, eurusd.. well you know the eurusd situation, something big may happen, maybe soon maybe later, it looks clear that the eur is facing problems that has been shown to be unable to get better (debt payed with new debts, such a big ponzi scheme that will not last forever), it's just a damn fraud that will collapse in the years to come, now the question is if before the end of the eur as a currency, eurusd will make some substantial loss (aka pointing to the 1.1xxx area for example) or not. For now it looks like such scenario is not to be excluded at all.
But what i want to point out, is that the market make new lows week after week, and we still havn't seen a clear long-squeeze, it's a boring slow downtrend, but every big squeeze follow boring slow trends, so take care.
  • #671,324
  • Jul 24, 2012 11:34am Jul 24, 2012 11:34am
Quoting MaxDoom
lol mad cat
  • #671,325
  • Jul 24, 2012 11:35am Jul 24, 2012 11:35am
Quoting KumoDragon
How are all the bottom catching bulls doing? Still hoping for that wild bounce up? Or are you all holding on until margin call, lol.
Alternatives are more important than the plan itself
  • #671,326
  • Jul 24, 2012 11:35am Jul 24, 2012 11:35am
Quoting mercy seat
Executed ...

18h20




;-|
what's your target for that long?
Sometimes it's better to be wrong,to learn..
  • #671,327
  • Jul 24, 2012 11:35am Jul 24, 2012 11:35am
Quoting Dagobert
I agree with you. Always found that guy odd... Maybe with "some years" he means "some many" years, in hopes that his probabilies get even over the time... Aka Nothing is proven until the endpoint is reached (or throwing money down the toilet )
I agree. This guy can really impress in terms of graphics (meaning the spread sheet) in his thread, but when it comes to trading, his calls are not impressive at all.

But at list he stopped posting in german here on the E/U thread.
  • #671,328
  • Jul 24, 2012 11:38am Jul 24, 2012 11:38am
Quoting KiNgEdwarD
what's your target for that long?
Infinity and beyond.







  • #671,329
  • Jul 24, 2012 11:39am Jul 24, 2012 11:39am
Quoting 853efx
price will get even higher as this, no question
Why no question? You are smarter than the market?






  • #671,330
  • Jul 24, 2012 11:41am Jul 24, 2012 11:41am
Quoting duyk20
Why no question? You are smarter than the market?






maybe
  • #671,331
  • Jul 24, 2012 11:41am Jul 24, 2012 11:41am
[quote=duyk20;5871886]Infinity and beyond.




didn't asked you,neither it was your trade.
Sometimes it's better to be wrong,to learn..
  • #671,332
  • Jul 24, 2012 11:41am Jul 24, 2012 11:41am
Quoting KiNgEdwarD
what's your target for that long?
I will wait for daily closing ...

Then calculate it more precise ...

At the moment simply same old parameters we have got to work with ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #671,333
  • Jul 24, 2012 11:41am Jul 24, 2012 11:41am
Quoting 853efx
u r welcome to comment my style of trading m8
I'm not picking on you in particular. Over the last few days I've see nothing but bottom pickers. Not to mention EU is in an over all down trend from M5 all the way up to Monthly charts. You can bet these are the guys that are going to get creamed and lose their accounts.

Sure you and these other trader are going to pick the price where the EU rebounds and reverses and goes into a long trend...not going to happen. I guess some people like the challenge of swimming upstream. I guess the possibility of drowning excites them.

Bottom/top picking is the absolute worst thing you can attempt to do trading forex. Why not just wait for the stronger direction/trend and get in on a retrace instead? ...much easer and will actually make a trader some money.
  • #671,334
  • Jul 24, 2012 11:42am Jul 24, 2012 11:42am
Quoting 853efx
maybe
ok







  • #671,335
  • Jul 24, 2012 11:42am Jul 24, 2012 11:42am
Quoting KumoDragon
How are all the bottom catching bulls doing? Still hoping for that wild bounce up? Or are you all holding on until margin call, lol.

I dont think today it will break 1.2000 the most significant support


few people would be interested in going short around this level
  • #671,336
  • Jul 24, 2012 11:45am Jul 24, 2012 11:45am
Quoting KumoDragon
I'm not picking on you in particular. Over the last few days I've see nothing but bottom pickers. Not to mention EU is in an over all down trend from M5 all the way up to Monthly charts. You can bet these are the guys that are going to get creamed and lose their accounts.

Sure you and these other trader are going to pick the price where the EU rebounds and reverses and goes into a long trend...not going to happen. I guess some people like the challenge of swimming upstream. I guess the possibility of drowning excites them.

Bottom/top picking...
good point - support becomes resistance and vice versa - but i just love the action and believe it or not - still trading my very first account for about 5 years by now - not saying i got rich, but at least i didn't loose any chips
  • #671,337
  • Jul 24, 2012 11:45am Jul 24, 2012 11:45am
Quoting KumoDragon
I'm not picking on you in particular. Over the last few days I've see nothing but bottom pickers. Not to mention EU is in an over all down trend from M5 all the way up to Monthly charts. You can bet these are the guys that are going to get creamed and lose their accounts.

Sure you and these other trader are going to pick the price where the EU rebounds and reverses and goes into a long trend...not going to happen. I guess some people like the challenge of swimming upstream. I guess the possibility of drowning excites them.

Bottom/top picking...
But people love to have a long position that is right at the bottom to show off to everyone... Well, after so many attempts though







  • #671,338
  • Jul 24, 2012 11:45am Jul 24, 2012 11:45am
Quoting KumoDragon
I'm not picking on you in particular. Over the last few days I've see nothing but bottom pickers. Not to mention EU is in an over all down trend from M5 all the way up to Monthly charts. You can bet these are the guys that are going to get creamed and lose their accounts.

Sure you and these other trader are going to pick the price where the EU rebounds and reverses and goes into a long trend...not going to happen. I guess some people like the challenge of swimming upstream. I guess the possibility of drowning excites them.

Bottom/top...
That's a view. Others have different strategies/opinions.
Even you keep trying picking a bottom and get wrong, it doesnt matter as long as u keep a conservative money management. If so you can hold a position long enough for it to recover to where u wanted.
  • #671,339
  • Jul 24, 2012 11:45am Jul 24, 2012 11:45am
Long at 1.20670, a bit early then i anticipated ...

just a quick reminder, the scalpers and people with sensitive nerves are not advised to do so !
"It's the Margin, Stupid."
  • #671,340
  • Jul 24, 2012 11:47am Jul 24, 2012 11:47am
Quoting mercy seat
I will wait for daily closing ...

Then calculate it more precise ...

At the moment simply same old parameters we have got to work with ...





;-|
my pending long was at 52,but i'm going outside,closed for +5
Sometimes it's better to be wrong,to learn..
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