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  • #677,421
  • Aug 8, 2012 3:49pm Aug 8, 2012 3:49pm
Quoting Chicky
This is Daily Chart. Apparantly, it looks no good for short-term longs. However, I see a higher high on longer-term timeframe. But this is forex, where money management is the only effective weapon.

Do you have it? .............. if not, use your head.
True, i also expected it bit lower, but was the first level to buy from, at least for me, talking about 30, but usually those are the best trades which are not expected
  • #677,422
  • Aug 8, 2012 3:50pm Aug 8, 2012 3:50pm
I said to watch for NY finish to see CNY and AUD news, looks like news will be bullish AUS broke Res.
  • #677,423
  • Aug 8, 2012 3:56pm Aug 8, 2012 3:56pm
Quoting attila
best set ups are at break followed by rejection..
hehe, pretty same thinking here, i thought to myself,we are just below lows here, many hard selling here,some nice stops taken, so was well worth trying one, or 7 , anyways always looking for freerides
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  • #677,424
  • Aug 8, 2012 3:57pm Aug 8, 2012 3:57pm
Quoting BlueGas
True, i also expected it bit lower, but was the first level to buy from, at least for me, talking about 30, but usually those are the best trades which are not expected
One feature of forex which I hate the most is that when it moves, moves with the speed of light and then either a long consolidation phase or another similar move in the same or opposite direction .

Good, if you are already there before a move starts. If not, very little chance of winning on balance playing smaller moves.

One reason I am now convinced that longer-term trading is the only way to tame this animal.
The Thief of Wall Street
  • #677,425
  • Aug 8, 2012 4:03pm Aug 8, 2012 4:03pm
The Calm before the storm.....something is brewing...
  • #677,426
  • Aug 8, 2012 4:03pm Aug 8, 2012 4:03pm
Quoting Chicky
One feature of forex which I hate the most is that when it moves, moves with the speed of light and then either a long consolidation phase or another similar move in the same or opposite direction .

Good, if you are already there before a move starts. If not, very little chance of winning on balance playing smaller moves.

One reason I am now convinced that longer-term trading is the only way to tame this animal.
Quite the contrary, those are the moves i like the most, when price races to its level, it makes me even more confident to take it. There are many ways, just have to take the one you like the most, simple as that, just opinion
  • #677,427
  • Aug 8, 2012 4:13pm Aug 8, 2012 4:13pm
price looks like its squeezing and could potentially go either way. If it breaks resistance at 1.2366 its off to 1.2384ish. I also see a bear flag pattern but has multiple points of support which may exhaust shorts and go in for a solid retracement. I'm still bear as of now.

http://img.photobucket.com/albums/v6...8at20904PM.png
  • #677,428
  • Edited 9:59pm Aug 8, 2012 4:14pm | Edited 9:59pm
Quoting BlueGas
Quite the contrary, those are the moves i like the most, when price races to its level, it makes me even more confident to take it. There are many ways, just have to take the one you like the most, simple as that, just opinion
We all are different. This is the beauty of this world. We need every type of people with all kind of believes and acts. There is no Ghandhi without Hitler, no Col. Nelson without Napoleon, No Richard without Sultan Salahuddin, ............. More you think about it, more you will appreciate it. Once you understand this, very few things will bother you and you will start enjoying your life.

and one more thing................. fuck you.
The Thief of Wall Street
  • #677,429
  • Aug 8, 2012 4:16pm Aug 8, 2012 4:16pm
Quoting attila
best set ups are at break followed by rejection..
Yes indeed.

Failures to follow through on what the crowd expects (tl or sup/res breaks, positive or negative news that fails to sustain initial breakout direction) have the more violent counter reactions.
  • #677,430
  • Aug 8, 2012 4:18pm Aug 8, 2012 4:18pm
Quoting Chicky
We are all different. This is the beauty of this world. We need every type of people with all kind of believes and acts. There is no Ghandhi without Hitler, no Col. Nelson without Napoleon, No Richard without Sultan Salahuddin, ............. More you think about it, more you will appreciate it. Once your understand this, very few things will bother you and you will start enjoying your life.

and one more thing................. fuck you.
lol, well thank you!
  • #677,431
  • Aug 8, 2012 4:19pm Aug 8, 2012 4:19pm
Quoting Chicky
We are all different. This is the beauty of this world. We need every type of people with all kind of believes and acts. There is no Ghandhi without Hitler, no Col. Nelson without Napoleon, No Richard without Sultan Salahuddin, ............. More you think about it, more you will appreciate it. Once your understand this, very few things will bother you and you will start enjoying your life.

and one more thing................. fuck you.
LOL.
"Men who can both be right and sit tight are uncommon."
  • #677,432
  • Aug 8, 2012 4:19pm Aug 8, 2012 4:19pm
Quoting Compulsive
The Calm before the storm.....something is brewing...
Deadtime of the 24hr trading day until Tokyo.

Even then only half heartedly till Frankfurt are back at it.
  • #677,433
  • Aug 8, 2012 4:20pm Aug 8, 2012 4:20pm
Quoting Chicky
We are all different. This is the beauty of this world. We need every type of people with all kind of believes and acts. There is no Ghandhi without Hitler, no Col. Nelson without Napoleon, No Richard without Sultan Salahuddin, ............. More you think about it, more you will appreciate it. Once you understand this, very few things will bother you and you will start enjoying your life.

and one more thing................. fuck you.
Wahahahahhaha.....Love youuu
If there was easy money lying around,no one would be forcing it into your
  • #677,434
  • Aug 8, 2012 4:20pm Aug 8, 2012 4:20pm
Quoting SunTrader
Yes indeed.

Failures to follow through on what the crowd expects (tl or sup/res breaks, positive or negative news that fails to sustain initial breakout direction) have the more violent counter reactions.
Best part is... there is a way to tell the fake break out from the real one..
  • #677,435
  • Aug 8, 2012 4:21pm Aug 8, 2012 4:21pm
Quoting BlueGas
lol, well thank you!
"Men who can both be right and sit tight are uncommon."
  • #677,436
  • Aug 8, 2012 4:24pm Aug 8, 2012 4:24pm
Quoting Mike8
long 78.35 SL 78.21, gained my risk (1%) covered 2/3 and moved SL to BE.
My last 1/3 stopped out @BE, made +0.66%.

Seems lately I cannot get a decent run
"Men who can both be right and sit tight are uncommon."
  • #677,437
  • Aug 8, 2012 4:58pm Aug 8, 2012 4:58pm
Quoting attila
Best part is... there is a way to tell the fake break out from the real one..
I would like to know more about that, can you share or tell me where to read about it?

on the other hand seems to me that we ar going in 2377 direction at turtle speed - 2409 is far, far away - do you think TY will accelerate a little ?
  • #677,438
  • Aug 8, 2012 4:59pm Aug 8, 2012 4:59pm
Quoting HuoLong
I would like to know more about that, can you share or tell me where to read about it?

on the other hand seems to me that we ar going in 2377 direction at turtle speed - 2409 is far, far away - do you think TY will accelerate a little ?
We're always crawling about at this time of the day I guess! You should take a nap
A 1 pip gain is better than a 1 pip loss.
  • #677,439
  • Aug 8, 2012 5:06pm Aug 8, 2012 5:06pm
Quoting aeternum
We're always crawling about at this time of the day I guess! You should take a nap
maybe u r right - here is 1 am,
  • #677,440
  • Aug 8, 2012 5:07pm Aug 8, 2012 5:07pm
Hello.

First sell, sl moved to BE.
And i opened another sell, sl in the BE of the first sell.

Health for all.
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