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  • #724,241
  • Nov 29, 2012 3:40am Nov 29, 2012 3:40am
Quoting ForexOracle
hummm, I would like to see some bigger wicks on top of the next 1 or 2 hour candles before jumping on any short, but that is just me !
that was ment for previous 15m candle. i would take short for 10-20 pips if close below 74
  • #724,242
  • Nov 29, 2012 3:40am Nov 29, 2012 3:40am
Quoting 21vs7
half +15
nice
Trade What You See Not What You Want To See
  • #724,243
  • Nov 29, 2012 3:40am Nov 29, 2012 3:40am
Quoting huchonok
Hello! can you, pls, tell me, what platform do you use here? http://www.forexfactory.com/attachme...3&d=1354179224 Regards
Hi, I use alior trader, it's a polish ecn broker
  • #724,244
  • Nov 29, 2012 3:41am Nov 29, 2012 3:41am
Quoting Kanzler
I wish I had a clue as to why some people are interested in that level, I don't see anything interesting on my charts.

answer in this post, who so ever post a chart as a trader you should look at it for clues

post number

Post 724,282

GL
Wolves don't lose any sleep over the opinion of the sheep.
  • #724,245
  • Nov 29, 2012 3:41am Nov 29, 2012 3:41am
Quoting pipsallday
nice


smells dirty...but considering short reverse the 88
  • #724,246
  • Nov 29, 2012 3:41am Nov 29, 2012 3:41am
Quoting 21vs7
half +15
well done. make that foookin wallet fat
  • #724,247
  • Nov 29, 2012 3:42am Nov 29, 2012 3:42am
Quoting FX Wolf
answer in this post, who so ever post a chart as a trader you should look at it for clues

post number

Post 724,282

GL
ok well done if we get there
  • #724,248
  • Nov 29, 2012 3:42am Nov 29, 2012 3:42am
if it does not start to break down quick it will go higher.

The e-mini is breaking my trendlines also.

We either get some big wicks here or I believe it is up to 3035 area
So, you think you have rights? LOL
  • #724,249
  • Nov 29, 2012 3:42am Nov 29, 2012 3:42am
Quoting huchonok
it will reach 3000 as maximum.then there's gonna be a reversal
1.30 barely held last time with the help of the descending trend line (actually it did make it past the 1.30 mark, just not by much). If price breaches the trend line and makes it to 1.30, I doubt it's going to act as significant resistance on its own. Next bear stronghold is 1.3020.
  • #724,250
  • Nov 29, 2012 3:43am Nov 29, 2012 3:43am
Quoting 21vs7


smells dirty...but considering short reverse the 88
fooooooooooooooker yaaaaaaaaaaaaaaaaaaaa
  • #724,251
  • Nov 29, 2012 3:43am Nov 29, 2012 3:43am
Quoting mohan76
1.60 standard option level , but i don't think it big as yesterday one , euro have @ 1.30 possible big one
yes gbp is like pee on electric fence, last 3 x 4hr doji, 15min to go possible another
If you are new to Forex? Say Goodbye to your account!!
  • #724,252
  • Nov 29, 2012 3:44am Nov 29, 2012 3:44am
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  • #724,253
  • Nov 29, 2012 3:45am Nov 29, 2012 3:45am
Quoting shmandi
well done. make that foookin wallet fat
need moooo

__________
closed +14 all
  • #724,254
  • Nov 29, 2012 3:45am Nov 29, 2012 3:45am
Quoting kiero_fx
Hi, I use alior trader, it's a polish ecn broker
Do you know whether other brokers offer alior trader?
  • #724,255
  • Nov 29, 2012 3:45am Nov 29, 2012 3:45am
Quoting tanvirbhatti
Sir I opened trade at 1.2930, TP 1.2900, SL 1.2990 yesterday at night... Hope New York Boys will solve my problem as soon as possible...
So you might want to think about these things then:

Your risk/reward was risk 60 points to gain 30 points which if you had a tried and proven system can be okay in the right hands, but for most retail traders that is a disaster waiting to happen, If for no other reason than you are subconsciously noting that the trade is high risk in the first place by using such a large negative ratio - and who wants to be in a high risk trade? so that alone should have stopped you getting in.

Although you set a SL a good trade plan also has two reasons to kill the trade early - 1) for if it is losing and certain conditions are met 2) if it is winning and certain conditions are met if you have these then you would rarely hit a SL.

With regards to setting SL in the first place, think about where price has to get to in order to prove that your original entry reason was wrong - if it gets there, you no longer have a trade based on a valid reason so kill it.

hope that helps
  • #724,256
  • Nov 29, 2012 3:47am Nov 29, 2012 3:47am
Quoting KiwiTrada
yes gbp is like pee on electric fence, last 3 x 4hr doji, 15min to go possible another
have you tried it yet?
  • #724,257
  • Nov 29, 2012 3:48am Nov 29, 2012 3:48am
yaya bull get lost now.
  • #724,258
  • Nov 29, 2012 3:48am Nov 29, 2012 3:48am
Quoting shmandi
have you tried it yet?
  • #724,259
  • Nov 29, 2012 3:49am Nov 29, 2012 3:49am
Quoting Kanzler
1.30 barely held last time with the help of the descending trend line (actually it did make it past the 1.30 mark, just not by much). If price breaches the trend line and makes it to 1.30, I doubt it's going to act as significant resistance on its own. Next bear stronghold is 1.3020.
In this case the maximum could be even 1.3031
  • #724,260
  • Nov 29, 2012 3:50am Nov 29, 2012 3:50am
Quoting Nachiket
ok well done if we get there

we are already on the way m8, just think in isolation of the thread what traders are saying or what i am saying, just think where bulls will be exhausted and get weak, there is a saying

"avoid strong attack weak"

bulls are getting exhausted as momentum is showing divergence but not weak because the momentum divergence is showing exhaustion not weakness,

exhaustion is the first sign of weakness but its only sign and when prices halts then its confirmation weakness is there and apply this rule

"avoid strong attack weak"
Wolves don't lose any sleep over the opinion of the sheep.
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