hey its bed time for me 11.37pm here
so not trading till the morning
GL with the trade and stick to the plan
- #717,462
- Nov 13, 2012 6:09pm Nov 13, 2012 6:09pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
1hr has make new high 1pipbut 4hr if this make double top I will be very happy
If you are new to Forex? Say Goodbye to your account!!
- #717,463
- Nov 13, 2012 6:32pm Nov 13, 2012 6:32pm
- Joined Oct 2011 | Status: quo | 4,193 Posts
The bull, and the bear! After EUR ZEW eco sentiment data, can be worst than expected, because Germans show the right way...my opinion!
I'm bearis, because im waiting wrong macro datas for euro...
However Greek brotherhood said yesterday..."we have no money to pay back our country debt...." this can be very bearish sign for euro...
After he said..."we have enough money for 3 or 4 days, but we accepted the new balance budget..."
Eurozone brotherhood cool down Yorgos and his fellow's, and they told them : "Yorgos, you are a great guy...we will...
I wonder to what extend this has to do with trading? or any kind of economical analysis. definitely that makes sense if you trade monthly candlesticks, and if you trade once or twice a year and hold it for months and years (of course, being right or wrong with analysis is another issue). market is different kind of beast, it does not care about your super analysis. analysis is FALLACY. you never ever will get absolute correct analysis. because you do not imagine how many components there are to be correct. think about this, what has changed in eu or in usa economy when the price was 1.6 or 1.16 or now 1.27? analysis is only a smarter word for prediction.
these are just something worth think about.
brokerka, please be advised, this is nothing personal, just my opinion.
As Above, So Below
- #717,466
- Nov 13, 2012 8:04pm Nov 13, 2012 8:04pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
time for a little "Bear" Action whilst sipping some stfu
If you are new to Forex? Say Goodbye to your account!!
- #717,467
- Nov 13, 2012 8:08pm Nov 13, 2012 8:08pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Sure
I have AUD short
If you are new to Forex? Say Goodbye to your account!!
- #717,469
- Nov 13, 2012 8:36pm Nov 13, 2012 8:36pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
arrrgh my 1st entry got clipped , but I am still trying to get on her train have get my 10 pip back another 11 partial banked and just enter again no so happy pip hunting for us bro will get a chart in minute, swissy has just tap support, so might help us
If you are new to Forex? Say Goodbye to your account!!
- #717,470
- Nov 13, 2012 8:48pm Nov 13, 2012 8:48pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
time for a little "Bear" Action whilst sipping some stfu
Not all sins are created equal
- #717,471
- Nov 13, 2012 8:51pm Nov 13, 2012 8:51pm
- Joined Oct 2011 | Status: quo | 4,193 Posts
fuk that was quick -10 red pip
if i may ask how many net pips do you make a week on average?
As Above, So Below
- #717,474
- Nov 13, 2012 9:48pm Nov 13, 2012 9:48pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
i find it difficult trading for only 10-20 pips. my stop losses and take profits much bigger.
if i may ask how many net pips do you make a week on average?
I have long term account with eu trades from april 2011, so daily weekly pip count and/or targets are very difficult to calculate as micromanaging trades figure will change everytime I touch key
So I have no such as target green pip, my biggest concern is red pip, I believe today 1st entry au was and still is valid, but pa is seem to be just meandering whereever,
Since 17th Oct 2012 eu just been rolling on "down" pretty steady as per chart is 1hr if look hard to left when PA was these level pretty much clean bull rally no real S&R to be wary of, you need go much further back say 4hr chart and can see these level were pretty good resistance, bull is here need wary but since 17 Oct has been mighty "Bear Train" and I trying to milk every pip,
Key is if you check or seen my post build October into November Open, I posted numerous time November is Bear month, so far is prove true, can check last 2 Novembers, both nice bear candles
Anyway daily chart show previous resistance these present levels and 1hr show why although long to some is valid, for me while pa below my dead bull level , the falling tl, and the 38 fib I will keep trying to sell this piece shit of
I am take break be back brit open
If you are new to Forex? Say Goodbye to your account!!
- #717,475
- Nov 13, 2012 9:53pm Nov 13, 2012 9:53pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Not all sins are created equal
- #717,476
- Nov 13, 2012 9:56pm Nov 13, 2012 9:56pm
- Joined Oct 2011 | Status: quo | 4,193 Posts
everyone has own system, my priority is account protection, 2nd is not go mad and pull all hair out and smash computor, my risk is specific to each trade, presntly my au trades rr 1/15 so I can try for success trade 15 times and only get it correct "once" and my account suffer minimal damage, spread, slip etc
I have long term account with eu trades from april 2011, so daily weekly pip count and/or targets are very difficult to calculate as micromanaging trades figure will change everytime I touch key
So I have no such as target green pip, my...
thanks for response and your time. I strongly agree with your concern regarding the 'red pip'
As Above, So Below
- #717,477
- Nov 13, 2012 10:01pm Nov 13, 2012 10:01pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Not all sins are created equal
- #717,480
- Nov 13, 2012 10:25pm Nov 13, 2012 10:25pm
- Joined Sep 2011 | Status: Minor crosses. Major pips. | 3,701 Posts
Time turns trend. - W.D. Gann