- #689,883
- Sep 10, 2012 2:21am Sep 10, 2012 2:21am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan
- #689,885
- Sep 10, 2012 2:28am Sep 10, 2012 2:28am
- | Membership Revoked | Joined Jun 2012 | 1,547 Posts
good to have you back to this thread...
international game on last weekend so no liverpool game...
but we will play sunderland the coming sunday...
yes....
He was also dealing with Liverpool I think, he choose to come to visit us.
"Men who can both be right and sit tight are uncommon."
- #689,889
- Sep 10, 2012 2:43am Sep 10, 2012 2:43am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,019 Posts | Online Now
Thanks John,
He was also dealing with Liverpool I think, he choose to come to visit us.
Patience, Emotion Control and Discipline.
- #689,891
- Sep 10, 2012 2:47am Sep 10, 2012 2:47am
- | Joined Mar 2012 | Status: Tip of the iceberg | 252 Posts
Here's maybe why it can still go up at around 2850-2900. Yes, it is overbought but at this moment, blue stochs(Medium term) is over red stochs(Medium term) and the yellow stochs(Long term) is in a sideways move at the top which means it could go down any time. And when it does, we're in for a whole lot of downward movements.
Meanwhile, the green stochs(Short term[Entry/Exit order]) portray that it is now a good time to sell. These green stochs can still go back again to 100 area again so for this week upwards movement for a few days and SELL like you've never sold before. It's down-up-DOWN LOL
Or maybe sell now if you can hold it.
Additional: There's resistance at 2798 at the moment portrayed by the demand zone/red zone at the top.
Meanwhile, the green stochs(Short term[Entry/Exit order]) portray that it is now a good time to sell. These green stochs can still go back again to 100 area again so for this week upwards movement for a few days and SELL like you've never sold before. It's down-up-DOWN LOL
Or maybe sell now if you can hold it.
Additional: There's resistance at 2798 at the moment portrayed by the demand zone/red zone at the top.
There is nothing in the Universe but mathematical points of force.
- #689,892
- Sep 10, 2012 2:48am Sep 10, 2012 2:48am
- | Membership Revoked | Joined Jun 2012 | 1,547 Posts
yes.. we approach him since Carrol was on loan at West Ham and we failed to sign Dempsey....but.hmmm wish him good luck aye!
"Men who can both be right and sit tight are uncommon."
- #689,893
- Sep 10, 2012 2:48am Sep 10, 2012 2:48am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
Your SL seems to be very tight?
yep no point scalping with big stops it will kill an account
trying out some new entry techniques - worked well on Friday and today is an ideal opportunity as the market will be lack-lustre most likely
- #689,894
- Sep 10, 2012 2:51am Sep 10, 2012 2:51am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Is nice short opportunity on Kiwi, can see nice on daily and 4hr, is aussie twin
If you are new to Forex? Say Goodbye to your account!!
- #689,895
- Sep 10, 2012 2:54am Sep 10, 2012 2:54am
yep no point scalping with big stops it will kill an account
trying out some new entry techniques - worked well on Friday and today is an ideal opportunity as the market will be lack-lustre most likely
I use tight stops too. If you want a 3 pips stop loss is really gambling.. Use 4 pips at least or 6, with BE even at 6 or 7 and find a system that you know where is the first M1 impuslive candle in the trend, so with tight stop you can catch easy 30 or 50 pips with 6 pips stop loss just as begin.
I missed my 15 pips profits breakeven cause I believe this pulse can move up higher (I prefer go out on MA of M15 or M5) so I let my profit run once I enter on right spot. We see waiting for next entry.
- #689,896
- Sep 10, 2012 2:56am Sep 10, 2012 2:56am
yes.. we approach him since Carrol was on loan at West Ham and we failed to sign Dempsey....but.hmmm wish him good luck aye!
- #689,897
- Sep 10, 2012 2:59am Sep 10, 2012 2:59am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
*
I use tight stops too. If you want a 3 pips stop loss is really gambling.. Use 4 pips at least or 6, with BE even at 6 or 7 and find a system that you know where is the first M1 impuslive candle in the trend, so with tight stop you can catch easy 30 or 50 pips with 6 pips stop loss just as begin.
I start with 10 pips SL for a scalp and then look to see if it can be less according to what the recent PA has been....
I am more likely to close a trade for a loss than have the SL take it. SL is the crash barrier, close button is the brake.
