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EURUSD

  • #724,621
  • Nov 29, 2012 9:29am Nov 29, 2012 9:29am
Good news one day big boys make profit, bad news next day big boys make profit. What a joke, How can you possibly trade off of 1h and 4h charts when news plays such a crucial role, Daily and weekly charts are the only things to trade off and predict trend. Otherwise you would go nuts and broke trying to trade with these criminals.
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #724,622
  • Nov 29, 2012 9:32am Nov 29, 2012 9:32am
that temp support I mentioned before could give a bounce... there's also a spinner on m15. just watch that low..
  • #724,623
  • Nov 29, 2012 9:33am Nov 29, 2012 9:33am
Quoting attila
that temp support I mentioned before could give a bounce... there's also a spinner on m15. just watch that low..
never mind...
  • #724,624
  • Nov 29, 2012 9:33am Nov 29, 2012 9:33am
London session low at 61.. could react there..
  • #724,625
  • Nov 29, 2012 9:33am Nov 29, 2012 9:33am
Quoting attila
that temp support I mentioned before could give a bounce... there's also a spinner on m15. just watch that low..

No support till 59
The great majority are rarely capable of thinking independently.
  • #724,626
  • Nov 29, 2012 9:37am Nov 29, 2012 9:37am
Allright, just let this completely reverse, wait for a pull back and then gator's 2432 is wide open.. Plenty of pips to be made.. no rush.. off to walk the doggie.
  • #724,627
  • Nov 29, 2012 9:37am Nov 29, 2012 9:37am
Quoting anton.olff
As a NY f**ker myself, I agree. They take it where everyone expects it to go, trades kick in long, so they take it down to take out some stops.
it's all good in the long run, lessons like that re-enforce the set of rules I'm building up in my plan. I'm getting increasingly happy with my London entries, locking in 20pips if/when I get there. The discipline is to lock in the profit and shield it from the NY nonsense, frustrating today as I had a lot more than 20 pips on the table. A few mins away from my desk and the bastards wiped out the extra pips. It's a utter scumbag move, they've obviously gone after pending longs above 1.3 then hit reverse
  • #724,628
  • Nov 29, 2012 9:38am Nov 29, 2012 9:38am
Short from 1.2977
TP at 1.2955

SL 1.3020 (R/R not where I want it but neither is my entry. It is what it is.)
  • #724,629
  • Nov 29, 2012 9:38am Nov 29, 2012 9:38am
easy come easy go. Home sales on the track.
forexpillariscipline & patience Trader
  • #724,630
  • Nov 29, 2012 9:39am Nov 29, 2012 9:39am
Quoting attila
Allright, just let this completely reverse, wait for a pull back and then gator's 2432 is wide open.. Plenty of pips to be made.. no rush.. off to walk the doggie.
You sweet talker... I will ask for Gator's and yours account number for some donation if that happens before Xmas...
  • #724,631
  • Nov 29, 2012 9:40am Nov 29, 2012 9:40am
also, I would not long the damn thing (if I would entertain that idea that is) before 10 eastern (the fix) or better yet 10:30 (London leaves for the pubs).
  • #724,632
  • Nov 29, 2012 9:42am Nov 29, 2012 9:42am
Quoting attila
also, I would not long the damn thing (if I would entertain that idea that is) before 10 eastern (the fix) or better yet 10:30 (London leaves for the pubs).

Fix is at 11ET, pub at 1130ET
The great majority are rarely capable of thinking independently.
  • #724,633
  • Nov 29, 2012 9:42am Nov 29, 2012 9:42am
Quoting MaxDoom
more muppetry
who sounds more like a muppet now? me or you? of course you do sound more like a muppet
EU is still hanging in there not even above 1.3020... hahaha. how many post you have again? and of course 10v or more.

Closed for the day. meet you all tomorrow.
Correlated Technical Analyst CTA
  • #724,634
  • Nov 29, 2012 9:43am Nov 29, 2012 9:43am
one more dip would be very nice low 60s please
Trade What You See Not What You Want To See
  • #724,635
  • Nov 29, 2012 9:43am Nov 29, 2012 9:43am
Quoting ECN_Masters
who sounds more like a muppet now? me or you? of course you do sound more like a muppet
EU is still hanging in there not even above 1.3020... hahaha. how many post you have again? and of course 10v or more.

Closed for the day. meet you all tomorrow.

Never mind, he spend all day here shorting an upmove every 5 pips, at least he was man enough to admit he fecked up before he called it quits, of course that's when we got a good move down......

Muppet, reminds me of a guy I knew years ago(trades his own account now), who called everyone a muppet, hadn't heard that in years, till last year in the news when that GS guy quit.
The great majority are rarely capable of thinking independently.
  • #724,636
  • Nov 29, 2012 9:44am Nov 29, 2012 9:44am
Quoting fxnav
Fix is at 11ET, pub at 1130ET

right, right... sorry.. I was looking at my clock for some reason.. you're right.
  • #724,637
  • Nov 29, 2012 9:45am Nov 29, 2012 9:45am
I think also a lesson to learn is pick your fights, I don't have the trading knowledge or plan to take on NY.

I do seem to have a plan now that works on London open, get profit locked in by lunch and then I won't give a sh*t what the NY boys do.
  • #724,638
  • Nov 29, 2012 9:48am Nov 29, 2012 9:48am
long euro has always been hazardous, or at least very difficult (for seasoned day-traders only)

anyhow, here's a EURTRY update (everybody's really favourite exotic) for those more long-term minded

expecting a return to the yellow zone before stoch breaks 20 again
Attached Image (click to enlarge)
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TRADE FOR SWAP
  • #724,639
  • Nov 29, 2012 9:49am Nov 29, 2012 9:49am
Quoting math_GB
I have to learn this... My social life is in the bin lately due to trading last few weeks.
yes, its an addiction! so everybody should be carefull about it..

1 treat your missis accordingly (she is your life)
2 if children..then even more intense..you have to take time for them (market will always wait for you! always)
3 you can always jump in the market..sometimes at better price or better movement
4 weekly arrangements-sqwaas, biking, chess, beer, moo beer, football, bitchezz-all on weekly arrangments and never cancel it. then you are not a slave
  • #724,640
  • Nov 29, 2012 9:49am Nov 29, 2012 9:49am
Quoting bennyblanco
I think also a lesson to learn is pick your fights, I don't have the trading knowledge or plan to take on NY.

I do seem to have a plan now that works on London open, get profit locked in by lunch and then I won't give a sh*t what the NY boys do.

Agreed. Because I live in the UK timezone, I find the best time to trade, when things are reasonably predictable is 0700 to 1000GMT, and if I achieve my daily target by then I withdraw and let everyone else get on with it. I just hate the NY session!
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