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  • #693,581
  • Sep 18, 2012 1:56am Sep 18, 2012 1:56am
Quoting Rag2RichesFX
yeah bullish divergence on M15, i'm long from 89

believe it or not thats a bull flag on H4
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #693,582
  • Sep 18, 2012 1:57am Sep 18, 2012 1:57am
Quoting kbmoonshinex
there is no hope in forex market. only MM and analyze is important
The whole cliche (or whatever you want to call it) of there should be no hope in forex is such a fallacy. Of course you hope you do well in trading. Everyone does. That doesn't mean it's what you should rely on. Obviously you rely on analysis to give you an edge. But to say there is no hope or should not be any hope is garbage. People say the same thing about saying good luck. It's just a gesture, nothing more. It actually makes me think that the person saying it is a beginner trying to sound like an expert.
  • #693,583
  • Sep 18, 2012 1:57am Sep 18, 2012 1:57am
Quoting profitoffx
True...but you can never be 100% sure which direction the market will go. All I try to do is to put the odds in my favor....combined with a solid MM. At the end, I am nevertheless hoping I was right with my analysis. So, when I am talking about hope its not because I guessed or because I am gambling...I think I've passed this stage after years of training...Have a nice day!
looking for investors . pm me
  • #693,584
  • Sep 18, 2012 1:58am Sep 18, 2012 1:58am
Quoting Rag2RichesFX
i dont really use it for anything but immediate direction, entries/scalp exits

on a big move (H4 bull zone) the resistance wont matter much , but if we get above 13 i think its definitely bullish and likely not a fakeout
i have small one 05/7 , my broker feed little screwed
Mohan
  • #693,585
  • Sep 18, 2012 1:59am Sep 18, 2012 1:59am
Quoting 2+2=4ex
The whole cliche (or whatever you want to call it) of there should be no hope in forex is such a fallacy. Of course you hope you do well in trading. Everyone does. That doesn't mean it's what you should rely on. Obviously you rely on analysis to give you an edge. But to say there is no hope or should not be any hope is garbage. People say the same thing about saying good luck. It's just a gesture, nothing more. It actually makes me think that the person saying it is a beginner trying to sound like an expert.
looking for investors . pm me
  • #693,586
  • Sep 18, 2012 2:00am Sep 18, 2012 2:00am
Quoting profitoffx
True...but you can never be 100% sure which direction the market will go. All I try to do is to put the odds in my favor....combined with a solid MM. At the end, I am nevertheless hoping I was right with my analysis. So, when I am talking about hope its not because I guessed or because I am gambling...I think I've passed this stage after years of training...Have a nice day!
You see it exactly as I do. I wrote my post before reading what you wrote. Well said.
  • #693,587
  • Sep 18, 2012 2:01am Sep 18, 2012 2:01am
This whole bullish rally seems to lose steam.
Still waiting for a retracement towards 1,3000 and below.
COT: The precious data ignored
  • #693,588
  • Sep 18, 2012 2:01am Sep 18, 2012 2:01am
Quoting mohan76
i am really anngree on me and very upset as i gave back my daily target and closed Aussie short from 82 for 1
All part of the deal, you should not be angry, it is not such a good commercial impulse.

Just do not do it again and move on.

Myself I was over confident and I went long kiwi and aussie and got stopped, saw where I did wrong and moved on and went long euraud.
"Men who can both be right and sit tight are uncommon."
  • #693,589
  • Sep 18, 2012 2:02am Sep 18, 2012 2:02am
just trying scalp. 3101 short SL 3106. tp 3085
looking for investors . pm me
  • #693,590
  • Sep 18, 2012 2:04am Sep 18, 2012 2:04am
dax falling
Mohan
  • #693,591
  • Sep 18, 2012 2:06am Sep 18, 2012 2:06am
Quoting mohan76
i have small one 05/7 , my broker feed little screwed
yup and bearish divergence there too, need to fight through the R to breakout again (13 or 20 should do it i would think)

also some hidden bullish divergence, looks like wants to go test 20...
Attached Image (click to enlarge)
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Be hopeful in a winning position, and fearful in a losing position.
  • #693,592
  • Sep 18, 2012 2:06am Sep 18, 2012 2:06am
Quoting 2+2=4ex
The whole cliche (or whatever you want to call it) of there should be no hope in forex is such a fallacy. Of course you hope you do well in trading. Everyone does. That doesn't mean it's what you should rely on. Obviously you rely on analysis to give you an edge. But to say there is no hope or should not be any hope is garbage. People say the same thing about saying good luck. It's just a gesture, nothing more. It actually makes me think that the person saying it is a beginner trying to sound like an expert.
Good to see that we all agree at the end :-).
  • #693,593
  • Sep 18, 2012 2:10am Sep 18, 2012 2:10am
Quoting kuroro001
This whole bullish rally seems to lose steam.
Still waiting for a retracement towards 1,3000 and below.
Well friend I am not that expert in forex but with my little knowledge I make some analysis as 4- hour Eur-Usd chart is showing double top so plz check this out
http://www.forexshell.com/eur-usd-with-double-top
  • #693,594
  • Sep 18, 2012 2:13am Sep 18, 2012 2:13am
Quoting kbmoonshinex
just trying scalp. 3101 short SL 3106. tp 3085
-5 s/o
looking for investors . pm me
  • #693,595
  • Sep 18, 2012 2:13am Sep 18, 2012 2:13am
my broker still offering eu for 3097
Mohan
  • #693,596
  • Sep 18, 2012 2:14am Sep 18, 2012 2:14am
Quoting mohan76
my broker still offering eu for 3097
take it
  • #693,597
  • Sep 18, 2012 2:15am Sep 18, 2012 2:15am
Quoting mohan76
my broker still offering eu for 3097
Just tell them off. Trading is already difficult.
"Men who can both be right and sit tight are uncommon."
  • #693,598
  • Sep 18, 2012 2:16am Sep 18, 2012 2:16am
I am done for the day... My entry was not picture perfect, yet the trade ended going my way. Everyone please favor the sell side.
Attached Image (click to enlarge)
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He who guess is LOST!
  • #693,599
  • Sep 18, 2012 2:17am Sep 18, 2012 2:17am
Quoting Mike8
Just tell them off. Trading is already difficult.
i called them , they have restarted service , now only 3 pip deferent , soon should be ok
Mohan
  • #693,600
  • Sep 18, 2012 2:18am Sep 18, 2012 2:18am
Quoting StopGuessing
I am done for the day... My entry was not picture perfect, yet the trade ended going my way. Everyone please favor the sell side.
Please enlighten me, you are making some sick profits man!
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