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  • #706,781
  • Oct 12, 2012 3:09pm Oct 12, 2012 3:09pm
Quoting ill_be_back
Lol I think that is for entry & exit
It can't be.

I can understand scalpers, but if swing traders enter, they come out after how many days?
The Thief of Wall Street
  • #706,782
  • Oct 12, 2012 3:44pm Oct 12, 2012 3:44pm
Quoting Chicky
It can't be.

I can understand scalpers, but if swing traders enter, they come out after how many days?
  • #706,783
  • Oct 12, 2012 3:55pm Oct 12, 2012 3:55pm
i longed 2943 for countertrend scalp with 10x leverage but was a chicken shit who closed for scratch, all i had to do was keep a 10, hell even 5 pip stop, and it would have been a nice end to the week.

patience, patience, patience. the trade took a few hours to play out but it was the right direction and pretty spot on entry... (which is what is important, but of course even more important is not prematurely closing positions..)

why would i long 2943?

inefficient down move into support area with bullish hidden divergence (and bullish divergence on the smaller scales)

enjoy your weekend see you next week
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Be hopeful in a winning position, and fearful in a losing position.
  • #706,784
  • Oct 12, 2012 4:00pm Oct 12, 2012 4:00pm
showing weekly close 2953... still seeing ticks even 2 minutes after close (on prorealtime,not MT4)

until next time

edit: 3 mins after still getting ticks, 2955

edit: back to 2953, strange..

see ya next week
Be hopeful in a winning position, and fearful in a losing position.
  • #706,785
  • Oct 12, 2012 4:01pm Oct 12, 2012 4:01pm
4 me up as like this weekly chart . clear 4 me
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The market was bullish, turned bearish, and you'are brokish!!!
  • #706,786
  • Oct 12, 2012 4:11pm Oct 12, 2012 4:11pm
Quoting Chicky
It can't be.

I can understand scalpers, but if swing traders enter, they come out after how many days?
yes
The real money negotiation is made ​​from one, two or three large transactions that are developed every year. You must develop the ability to patiently stay with winning trades, enabling them to develop this type of trade,,,,. my 2 c.
  • #706,787
  • Oct 12, 2012 4:14pm Oct 12, 2012 4:14pm
Happy weekend to all. i thanks God for his mercy & guidance during the week & i pray that we will make more pips coming week than we made this week. see ya..
forexpillariscipline & patience Trader
  • #706,788
  • Oct 12, 2012 4:26pm Oct 12, 2012 4:26pm
Quoting chess king
I do not know if I can buy EUR before 2130 !??
ex: lol
  • #706,789
  • Oct 12, 2012 5:18pm Oct 12, 2012 5:18pm
Quoting Chicky
That's way too risky. I would rather like to risk 1% hundred times than risk 10% ten times only because it is impossible to know if its a top or bottom. I don't know if 1.3000 is the top or bottom for the next 1,000 pip move, but I do know that if it moves 200 pips up or down, will retrace some.
10% is a tad high and scarey, 5% suites me better.

Risking 1% to make 1% when it's as you say impossible to know bla bla, find setups where you risk 1% but have a potential for 2 - 5% of upside then being right 50% of the time makes good $$$'s.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #706,790
  • Oct 12, 2012 10:16pm Oct 12, 2012 10:16pm
good data from china , but no reaction on PA

looks we going to have gap up on Monday as both import and export shows growth (risk on)

http://www.bloomberg.com/news/2012-1...estimates.html
Mohan
  • #706,791
  • Oct 12, 2012 10:39pm Oct 12, 2012 10:39pm
Quoting mohan76
good data from china , but no reaction on PA

looks we going to have gap up on Monday as both import and export shows growth (risk on)

http://www.bloomberg.com/news/2012-1...estimates.html
It won't be long until I go long on Sunday...................
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Time turns trend. - W.D. Gann
  • #706,792
  • Oct 12, 2012 11:26pm Oct 12, 2012 11:26pm
today I am going for fishing
  • #706,793
  • Oct 12, 2012 11:37pm Oct 12, 2012 11:37pm
I'm still short on this but I can see that it is going up on H1. Although, in the medium term, H4, it is still going down and turning up but yeah, we will mostly have a lot of down early next week before going up.
There is nothing in the Universe but mathematical points of force.
  • #706,794
  • Oct 12, 2012 11:49pm Oct 12, 2012 11:49pm
euro/usd will most likely go up......at least to 1.3200.......why i say that? The low for this monthly candle has already been tested 3 times with a rebound....u tell me what is the chances it will go back this month's low again? 10%? So the result is, the price will head higher to break last month's candle high, which is 1.3171........aim for this price
  • #706,795
  • Oct 13, 2012 12:00am Oct 13, 2012 12:00am
Quoting slow_trader
euro/usd will most likely go up......at least to 1.3200.......why i say that? The low for this monthly candle has already been tested 3 times with a rebound....u tell me what is the chances it will go back this month's low again? 10%? So the result is, the price will head higher to break last month's candle high, which is 1.3171........aim for this price
Agree, but maybe there is some pullback to 1.287 - 1.290 area before it's bounce back to its spaceship
  • #706,796
  • Oct 13, 2012 2:19am Oct 13, 2012 2:19am
yes, usually eu will continue the last trend on Monday untill euro session
  • #706,797
  • Oct 13, 2012 2:40am Oct 13, 2012 2:40am
Quoting mohan76
good data from china , but no reaction on PA

looks we going to have gap up on Monday as both import and export shows growth (risk on)

http://www.bloomberg.com/news/2012-1...estimates.html
Good to hear, might take Aud up more than EU.
And that's good because I have 2 big short entries EurAud, 1 = 7 pips plus and 1 = 2 pips minus over the weekend.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #706,798
  • Oct 13, 2012 3:07am Oct 13, 2012 3:07am
Quoting KillerWhale
Good to hear, might take Aud up more than EU.
And that's good because I have 2 big short entries EurAud, 1 = 7 pips plus and 1 = 2 pips minus over the weekend.
i like open around 1.0230 which will give full power to bull , too much gap up can killl the bull

ps Chinese CPI y/y due on Monday
Mohan
  • #706,799
  • Oct 13, 2012 3:14am Oct 13, 2012 3:14am
Quoting Trader8990
Agree, but maybe there is some pullback to 1.287 - 1.290 area before it's bounce back to its spaceship
i agreed with you. i'm already waiting for it to show.
forexpillariscipline & patience Trader
  • #706,800
  • Oct 13, 2012 4:15am Oct 13, 2012 4:15am
let's wait for thursday the 18th, the EU summit & spanish bond auction
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Jewel1996