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  • #1,681
  • Aug 16, 2012 9:47am Aug 16, 2012 9:47am
Quoting Crassius
This move is getting long in the tooth.... only time will tell.... no enthusiasm in market to sell it now though that's for sure... no down pressure... only neutral or up.
could this move be caused by london closing not nyse?
Wooooohooooo or Boooooohooooo
  • #1,682
  • Aug 16, 2012 9:47am Aug 16, 2012 9:47am
Strong R on D1 @ 1.2386
we see a very strong hourly bar was break the Key today
If there was easy money lying around,no one would be forcing it into your
  • #1,683
  • Aug 16, 2012 9:49am Aug 16, 2012 9:49am
Quoting gnomoneey
could this move be caused by london closing not nyse?

I mean the whole move from 2260 area....
  • #1,684
  • Aug 16, 2012 9:50am Aug 16, 2012 9:50am
Quoting TauTrader
Good day,

Yip - propery caught. In @ 1.2337... bleeding

added @ 1.2357..

WTF?

Regards
Good day Tau
Hope you are well sir and cut the sucker fast, also we could roll over here...temporarly. Bulls having it for now.
swing it!
  • #1,685
  • Aug 16, 2012 9:52am Aug 16, 2012 9:52am
Quoting FXMindset
Strong R on D1 @ 1.2386
we see a very strong hourly bar was break the Key today
67 on my charts, main move is now complete but there is a will to break beyond
swing it!
  • #1,686
  • Aug 16, 2012 9:59am Aug 16, 2012 9:59am
Quoting tomspin
67 on my charts, main move is now complete but there is a will to break beyond
BULLISH really too Strongest...
No Brake and No Delay, Potential go 1.2385 or Higher 1.2400+
Always looking the GREAT, never left GOOD Point...
  • #1,687
  • Aug 16, 2012 10:02am Aug 16, 2012 10:02am
Quoting Tsar
BULLISH really too Strongest...
No Brake and No Delay, Potential go 1.2385 or Higher 1.2400+
this is a good level to let her breath for the moment but yes I am bullish as well.
swing it!
  • #1,688
  • Aug 16, 2012 10:10am Aug 16, 2012 10:10am
Quoting tomspin
Good day Tau
Hope you are well sir and cut the sucker fast, also we could roll over here...temporarly. Bulls having it for now.
good day to you, sir

This is where you have to say: " you have balls..." As every time you do so - I do well...

yip - one of my more shitty entries/ or 2 or 3 or 4.. but still planning to profit from it.. go figure..

I'm gonna nurse this - I will get out lower than what we are now

Some downside will come..

All success to you,

Regards
  • #1,689
  • Aug 16, 2012 10:16am Aug 16, 2012 10:16am
Quoting TauTrader
good day to you, sir

This is where you have to say: " you have balls..." As every time you do so - I do well...

yip - one of my more shitty entries/ or 2 or 3 or 4.. but still planning to profit from it.. go figure..

I'm gonna nurse this - I will get out lower than what we are now

Some downside will come..

All success to you,

Regards
I am sure you will, if 2340 hold it will be a very weak pullback in my view,
If we fail to go down lower I would cut them loose mate - certainly above 2367, we did about 110 atr today which should be enough for main ride, I will add more if it goes lower,
Good luck buddy,
swing it!
  • #1,690
  • Aug 16, 2012 10:17am Aug 16, 2012 10:17am
Quoting tomspin
this is a good level to let her breath for the moment but yes I am bullish as well.
Yup...
@ LONDON Market's close, Price will go Down again...
Always looking the GREAT, never left GOOD Point...
  • #1,691
  • Aug 16, 2012 10:21am Aug 16, 2012 10:21am
Quoting TauTrader
good day to you, sir

This is where you have to say: " you have balls..." As every time you do so - I do well...

yip - one of my more shitty entries/ or 2 or 3 or 4.. but still planning to profit from it.. go figure..

I'm gonna nurse this - I will get out lower than what we are now

Some downside will come..

All success to you,

Regards
Hi Tau...

Be seriously this time, PRICE in WAVE 3 Count...
Don't take Short before London Market's close, b'cause too Risky !
Always looking the GREAT, never left GOOD Point...
  • #1,692
  • Aug 16, 2012 10:26am Aug 16, 2012 10:26am
Merkel in Canada saying nice things about Draghi -- basically his direction is in line with European leaders --- this is supportive of Euro price
  • #1,693
  • Aug 16, 2012 10:43am Aug 16, 2012 10:43am
Quoting Tsar
Hi Tau...

Be seriously this time, PRICE in WAVE 3 Count...
Don't take Short before London Market's close, b'cause too Risky !
Thank you for your kind advice..

I am taking note of your warning...

Unfortunately, I have entered already.

Will watch closely.

all the best
  • #1,694
  • Aug 16, 2012 10:48am Aug 16, 2012 10:48am
Quoting TauTrader
Thank you for your kind advice..

I am taking note of your warning...

Unfortunately, I have entered already.

Will watch closely.

all the best
Your Welcome, Bro...

Tried to be Patient, and always flexible with the Market situation first...
It's my care and attention for you
Always looking the GREAT, never left GOOD Point...
  • #1,695
  • Edited 10:52am Aug 16, 2012 10:48am | Edited 10:52am
I know your intentions are good, However.

It is inappropriate in the long run to try to talk someone out of their trade.

It is one thing to post your own analysis and views. Let them speak for themselves. If you think someoneis on the wrong side of trade, let your analysis do the convincing.

The biggest loser mistakes is failing to have a trade plan before entry that includes a properly assessed Risk/Reward scenario. One should know the entry price, the exit price and how much %age of account risk the trade will entail when taken. Your entire future as a trader depends on that one skill. It is the Holy Grail.

The next biggest mistake assuming you did all that, is doubting the trade while its on and bailing early thereby eating small losses left and right that rob you of the big wins you so carefully analyzed in step one... It does you no good to figure Risk/Reward scenario and proper position sizing before the trade if you then don't stick the trade plan. Over time your carefully planned risk/reward calculations are worthless... because they mean nothing if you bail at every black cat that crosses your path.... and thereby lose out on your fair share of rewards, while at the same time, surely losing your fair share of trades that are only part of the game, and one side of the Risk/Reward calculation.

There is nothing wrong with re-accessing a situation when in a trade and changing course.... but its better to err on the side of taking a loss that has been carefully planned and position sized. Not letting trades run is a mistake. Losses are part of the game. If they are properly sized and carry the correct Risk/Reward losses don't matter at all.

Because it is so easy to make the second biggest mistake.. bailing too early at every scarry tick... encouraging that behavior in others.... even though your intentions are good is inappropriate and not helpful in the long run.

In the long run, you don't know what the market is going to do anymore than the person you're trying to talk out of his trade. This is true of everyone on the planet.

Advise with your charts and analysis.... but please... don't undermine someone's confidence.
  • #1,696
  • Aug 16, 2012 10:56am Aug 16, 2012 10:56am
Quoting MaxDoom
closed the Dax +27 looking for the reverse

averaged in a larger position on the EU

taken half
Attached Image (click to enlarge)
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  • #1,697
  • Aug 16, 2012 10:58am Aug 16, 2012 10:58am
Quoting MaxDoom
taken half

That was a Home Run... well done !!
  • #1,698
  • Aug 16, 2012 11:02am Aug 16, 2012 11:02am
I'm Short Now...
Always looking the GREAT, never left GOOD Point...
  • #1,699
  • Aug 16, 2012 11:04am Aug 16, 2012 11:04am
Quoting Crassius
That was a Home Run... well done !!

I still have my eye on 1.249x to 1.255x zone maybe tomorrow eh
  • #1,700
  • Aug 16, 2012 11:06am Aug 16, 2012 11:06am
Good day, Listen......

Inserted Video


I asked the girls working for me to line up and give some inspiration...

you are all appreciated

See tamale

Regards
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