DislikedDo you approve this only 6 days in testing? It was +300% before the news because of the floating gain.
Ignored
@pawpaw1000 on Twitter
- #61,121
- Nov 20, 2012 11:28pm Nov 20, 2012 11:28pm
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #61,122
- Nov 20, 2012 11:31pm Nov 20, 2012 11:31pm
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
Perfect, I'm long as well now.
@pawpaw1000 on Twitter
- #61,123
- Nov 20, 2012 11:31pm Nov 20, 2012 11:31pm
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
You only want to make 2% pm? Did you know that there are certain banks that will give you almost 10% PA and a lot less work. Well done anyways but thought that if you are going to be going for Gold and learning forex, Might as well be making 10 - 20% pm?
In India you get 9% PA on Fixed Deposit if you are a Senior citizen. Expected % of Return depends upon the country where you live.
I have not started describing the "11th Ninja Strategy" yet so do not jump on any conclusion early. In 6 months many things can happen, but this is my style
- #61,125
- Nov 20, 2012 11:34pm Nov 20, 2012 11:34pm
Just moved half to BE and letting the rest run. Got entries at 27, 29, 33 and 34. SL's at 104.19 and TP after LO :-D
Have a nice sleep buddy.
- #61,126
- Nov 20, 2012 11:36pm Nov 20, 2012 11:36pm
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
Do you approve this only 6 days in testing? It was +300% before the news because of the floating gain.
- #61,127
- Nov 20, 2012 11:39pm Nov 20, 2012 11:39pm
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #61,130
- Nov 21, 2012 12:44am Nov 21, 2012 12:44am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
According to your Analysis about EUR,
1. Currency pair Name
2. Time Frame
3. I suppose the indicator at the bottom of your chart is one advanced MACD (that is really good) but at which level you trigger buy? Should not you wait for cross up at Zero level?
etc. etc.
- #61,131
- Nov 21, 2012 12:46am Nov 21, 2012 12:46am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
That's pretty impressive Reckon !!!!! Keep it up and hope you get it live.
- #61,132
- Nov 21, 2012 1:33am Nov 21, 2012 1:33am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
Worry free trades are the trader's best friend.
@pawpaw1000 on Twitter
- #61,133
- Edited 1:49am Nov 21, 2012 1:35am | Edited 1:49am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Good morning everyone... This will be my only post this week as I am taking this opportunity of a lull in the markets to take care of some personal business. Seeing as tomorrow is Thanksgiving Day in the US, I expect the markets to remain relatively directionless until next week.
The EuroGroup have one again failed to deliver a decision on the Greek aid package. Nobody is saying much other than a few very well versed (and probably rehearsed) one liner statements. This to me is a strong indication that there is still much disagreement between the Eurozone Finance Ministers and the IMF. You can read the official statement here. Anyway, not much is going to happen until they meet again next week at the EU Summit. So, from here forward, it's up to the technicals.
Last week I identified a double top formation. and it is still very much in play. A failure over the last few sessions to see a daily close and continuation above the neckline has more than confirmed it. so I am now looking for a move toward the measured target of 1.2466 over the coming sessions. We may still see some ranging today and maybe even for the rest of the week, but I think this thing can drop at any time. It's all up to market sentiment now.
So, until I return to my regular posts next week, be well, trade safe, and if you're in the US, have a very happy Thanksgiving Day and weekend.
E/U Daily:
Pete Jackson's Order Board:
EUR/USD: Bids 1.2730/40(real money, sovereigns, US Banks), possible sell stops below. More bids 1.2700/10, further sell stops on a break and through 1.2680, ahead of bids 1.2650/60 (100 day MA at 1.2654 ). Offers 1.2780 though to 1.2810 ( 200 day MA 1.2805) and more offers/tech 1.2830/50 (31.8% Oct17 –Nov 13 fall 1.2842).
Todays's Euro FX Option Expiries @ 15:00 GMT:
EUR/USD: 1.2700, 1.2725, 1.2750, 1.2775, 1.2800, 1.2875, 1.2895, 1.2900
.
The EuroGroup have one again failed to deliver a decision on the Greek aid package. Nobody is saying much other than a few very well versed (and probably rehearsed) one liner statements. This to me is a strong indication that there is still much disagreement between the Eurozone Finance Ministers and the IMF. You can read the official statement here. Anyway, not much is going to happen until they meet again next week at the EU Summit. So, from here forward, it's up to the technicals.
Last week I identified a double top formation. and it is still very much in play. A failure over the last few sessions to see a daily close and continuation above the neckline has more than confirmed it. so I am now looking for a move toward the measured target of 1.2466 over the coming sessions. We may still see some ranging today and maybe even for the rest of the week, but I think this thing can drop at any time. It's all up to market sentiment now.
So, until I return to my regular posts next week, be well, trade safe, and if you're in the US, have a very happy Thanksgiving Day and weekend.
E/U Daily:
Pete Jackson's Order Board:
EUR/USD: Bids 1.2730/40(real money, sovereigns, US Banks), possible sell stops below. More bids 1.2700/10, further sell stops on a break and through 1.2680, ahead of bids 1.2650/60 (100 day MA at 1.2654 ). Offers 1.2780 though to 1.2810 ( 200 day MA 1.2805) and more offers/tech 1.2830/50 (31.8% Oct17 –Nov 13 fall 1.2842).
Todays's Euro FX Option Expiries @ 15:00 GMT:
EUR/USD: 1.2700, 1.2725, 1.2750, 1.2775, 1.2800, 1.2875, 1.2895, 1.2900
.
Those who say it cannot be done should not interrupt those who are doing it
- #61,134
- Nov 21, 2012 1:45am Nov 21, 2012 1:45am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #61,135
- Nov 21, 2012 1:54am Nov 21, 2012 1:54am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Well, that was a stupid idea :-D
Those who say it cannot be done should not interrupt those who are doing it
- #61,136
- Nov 21, 2012 1:57am Nov 21, 2012 1:57am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
No such thing as a stupid idea. Stupid is not leaving pips on the table... Stupid is taking risks you cannot afford
@pawpaw1000 on Twitter
- #61,137
- Nov 21, 2012 2:02am Nov 21, 2012 2:02am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #61,138
- Nov 21, 2012 2:38am Nov 21, 2012 2:38am
Good morning everyone...
We may still see some ranging today and maybe even for the rest of the week, but I think this thing can drop at any time. It's all up to market sentiment now.
So, until I return to my regular posts next week, be well, trade safe, and if you're in the US, have a very happy Thanksgiving Day and weekend.
.
Thanks PT for update, fully agree, U just enforce my concern of EU down move this week (do not expect it, but affraid to hold opened even small scalp-longs) or the next one
Actually all planned pips of this week are already in the porket now
But I'm still watching the lines, just in case to get more sells on EJ from new highs
GL @ GP
- #61,139
- Nov 21, 2012 2:46am Nov 21, 2012 2:46am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Yeah, but this pair just shot up 50 pips in 30min... That is enough to have me kicking myself in the head! Darn...
Trading Levels with WRBs
- #61,140
- Nov 21, 2012 2:48am Nov 21, 2012 2:48am
Could be best if you follow,
1. Currency pair Name
2. Time Frame
3. I suppose the indicator at the bottom of your chart is one advanced MACD (that is really good) but at which level you trigger buy? Should not you wait for cross up at Zero level?
etc. etc.
MACD thich Bar shows everything
Don’t follow someone else’s trading advice blindly