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  • #693,281
  • Sep 17, 2012 9:57am Sep 17, 2012 9:57am
Same, got in at 95 so holding

Quoting leveraged
agreed. Holding on to Longs for now.
  • #693,282
  • Sep 17, 2012 9:58am Sep 17, 2012 9:58am
Quoting kuroro001
As you wish
At what price you want people to stop shorting ?
LOL I'm not going to suggest anything other than....you guys are making a mistake.
  • #693,283
  • Sep 17, 2012 9:59am Sep 17, 2012 9:59am
Quoting gomab11
well i sho daily trend up on eur/usd but i guess it depends not only wat trend but wat method u use to determine trend
so true... daily & weekly are up... monthly down
I'll pick up the crumbs don't need the whole pie
  • #693,284
  • Sep 17, 2012 10:00am Sep 17, 2012 10:00am
quite a stubborn level at 3135
  • #693,285
  • Sep 17, 2012 10:01am Sep 17, 2012 10:01am
kiwi,

looks cable getting close to dumping zone ?
i'm not in the mood trade
Mohan
  • #693,286
  • Sep 17, 2012 10:02am Sep 17, 2012 10:02am
Quoting KiwiTrada
what trend you mean, monthly is down with presently bounce at resist, weekly same daily same, so which trend you mean?
monthly trend is up now imo

above 1.3080/90 is monthly bull and we closed above it last week

sure its not with a lot of conviction.. above 1.35 of course would be monthly bull no doubt, but i like 1.3080 for monthly bull (and not at all because it was the last R level, its a monthly level we closed above last week)

closed short @ 42 for -2

too much whipsaw for me, scalping 5-10 pips only the rest of the day, i dare not take a short position for more than a scalp
Be hopeful in a winning position, and fearful in a losing position.
  • #693,287
  • Sep 17, 2012 10:03am Sep 17, 2012 10:03am
Kuroro,
have you kept your uc long ? are you confident for the next few hours ?
thanks.
Don't be smart. Be rich.
  • #693,288
  • Sep 17, 2012 10:04am Sep 17, 2012 10:04am
Quoting Rag2RichesFX
monthly trend is up now imo

above 1.3080 is monthly bull and we closed above it last week
i'm not trying to be smarty , technically speaking candle need to close (12/13 days left )

ps i am bull rider
Mohan
  • #693,289
  • Sep 17, 2012 10:04am Sep 17, 2012 10:04am
we might be seeing the move up right now..

long 3138 tp 3170

and if we clear 3180 look for 3200+++
I'll pick up the crumbs don't need the whole pie
  • #693,290
  • Sep 17, 2012 10:05am Sep 17, 2012 10:05am
out my nzd/cad long -24 take the good wit the bad still holdn the rest. looks like eur/usd andd usd/chf can start moving again usd buyin not so hi eurusd up with trend and usd/chf down with its trend back to normal
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #693,291
  • Sep 17, 2012 10:07am Sep 17, 2012 10:07am
Should have another run down from here, see if we can ease past that 3135 marker. Looking to load up around 30250
  • #693,292
  • Sep 17, 2012 10:07am Sep 17, 2012 10:07am
its crazy the amount of ego the markets bring out of people...

and its funny because nothing will kill your account quicker than ego in this market

NOTHING

that feeling of "oh won a trade! so i can just keep trading all day long at any time, and ill win!"

be very nimble with your setups and entries. you could make 2000 pips in a year (considered a great year for a money manager) and have 90% winners if you only took like 50 trades a year, because you had that much confidence in each one.
Be hopeful in a winning position, and fearful in a losing position.
  • #693,293
  • Sep 17, 2012 10:08am Sep 17, 2012 10:08am
Quoting maximinus
Kuroro,
have you kept your uc long ? are you confident for the next few hours ?
thanks.
I've taken this trade based on a daily basis.
Aiming at 0,986x first...and above parity next.

Over the next few hours i can't tell. We need eurusd help with a move down.
But chfjpy is hitting resistance multiple times...risk may turn off.
COT: The precious data ignored
  • #693,294
  • Sep 17, 2012 10:09am Sep 17, 2012 10:09am
Quoting gomab11
well i sho daily trend up on eur/usd but i guess it depends not only wat trend but wat method u use to determine trend
yes agreed very difficult to define trend, each time can zoom and can change, but still think daily is down with her now at resistance will get a chart in a minute
If you are new to Forex? Say Goodbye to your account!!
  • #693,295
  • Sep 17, 2012 10:09am Sep 17, 2012 10:09am
Quoting Rag2RichesFX
its crazy the amount of ego the markets bring out of people...

and its funny because nothing will kill your account quicker than ego in this market

NOTHING

that feeling of "oh won a trade! so i can just keep trading all day long at any time, and ill win!"
Quite true! I'd add to that..."Nothing can kill your account faster than trading against the trend'
  • #693,296
  • Sep 17, 2012 10:11am Sep 17, 2012 10:11am
My monthly view.
Attached Image (click to enlarge)
Click to Enlarge Name: monthlyview.jpg Size: 111 KB
Time turns trend. - W.D. Gann
  • #693,297
  • Sep 17, 2012 10:12am Sep 17, 2012 10:12am
Quoting kuroro001
I've taken this trade based on a daily basis.
Aiming at 0,986x first...and above parity next.

Over the next few hours i can't tell. We need eurusd help with a move down.
But chfjpy is hitting resistance multiple times...risk may turn off.
Ok thank you. Too risky to keep my cj short,bcz the yen is unpredictable and could fly at any time.
Don't be smart. Be rich.
  • #693,298
  • Sep 17, 2012 10:12am Sep 17, 2012 10:12am
Quoting almo
Quite true! I'd add to that..."Nothing can kill your account faster than trading against the trend'
my goodness yes.

id be 2 or 3x more profitable if i didnt countertrend trade AT ALL this year. i thought i was good at it, and sometimes i actually am, the problem is the timing and stop outs. when counter trending, the chance of getting stopped out is far too great, as the market retests the resistance level many times (such as we have seen in the last couple hours on EU)

its almost addicting to try and countertrend trade (yeah im outsmarting everyone!!)

goal for 2013 is ZERO counter trend trades except for very tight stop entries when we get topping formations, or double dojis for example
Be hopeful in a winning position, and fearful in a losing position.
  • #693,299
  • Sep 17, 2012 10:13am Sep 17, 2012 10:13am
Market trick again.. i'm dying here.. donno which way to go.. Up or Down... I hate this, but my Psychic instinct say it will be down...zzzzzz

** Going for big short now, all i have in my trading account!!!
You are a Fun-Loving Trader (I do better when i have fun)
  • #693,300
  • Sep 17, 2012 10:15am Sep 17, 2012 10:15am
Quoting mohan76
i'm not trying to be smarty , technically speaking candle need to close (12/13 days left )

ps i am bull rider
makes sense now, my bad
Be hopeful in a winning position, and fearful in a losing position.
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