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  • #729,801
  • Dec 10, 2012 3:23pm Dec 10, 2012 3:23pm
Quoting attila
maybe it'll get there, but where entering amateur hour from now to TY open.. BTW, I was always amazed by traders using limit orders.. Implies no confirmation.. I hope it'll work out for you.
if its following a path.. they can work. need a ea were the levels can be set on the ea manually.. then if the ea gets confirmation, it enters as you sleep. just entering you cant get confirmation, but the stops are usually smaller. so it all equals out.
those who can, do. those who cant, talk about those who can
  • #729,802
  • Dec 10, 2012 3:24pm Dec 10, 2012 3:24pm
Quoting Daytrader74
fack that euro bitch, as soon as i go long it goes down and as soon as i go short it goes up!!!!!!!!! what a pig
hahahaha shes not a bitch bro, been there done that, problem is like indicators, you lagging, chasing wicks and tails,
you not in the zone, why not take a step back, daily candle be closing shortly, and start from there
If you are new to Forex? Say Goodbye to your account!!
  • #729,803
  • Dec 10, 2012 3:25pm Dec 10, 2012 3:25pm
Quoting Daytrader74
fack that euro bitch, as soon as i go long it goes down and as soon as i go short it goes up!!!!!!!!! what a pig
Lesson 1: I learnt it 2 years ago.

you short.

it goes up, it keeps on going, for days even, as soon as you long it turns around and sits in the middle for a month. then the short comes into profit and then you close the short on $1 profit after two months.

then you get pissed off and close the long. a month later the long would have been in profit.

i am sure every trader has done this at some point, catching tops and bottoms wrong. lesson to learn is that no trader is 100% correct. Not even some massive investment banking institution like Forsyth & Barr or Deliotte or whatever established player you choose to look up to.

Managing losses is more important then making gains.
Even the worst trade can close with profit. Just give it time.
  • #729,804
  • Dec 10, 2012 3:26pm Dec 10, 2012 3:26pm
Quoting gatorinla
if its following a path.. they can work. need a ea were the levels can be set on the ea manually.. then if the ea gets confirmation, it enters as you sleep. just entering you cant get confirmation, but the stops are usually smaller. so it all equals out.
For me it's more important what happens before the level, than at it..
  • #729,805
  • Dec 10, 2012 3:29pm Dec 10, 2012 3:29pm
Quoting gatorinla
if its following a path.. they can work. need a ea were the levels can be set on the ea manually.. then if the ea gets confirmation, it enters as you sleep. just entering you cant get confirmation, but the stops are usually smaller. so it all equals out.

.
Attached Image
Wolves don't lose any sleep over the opinion of the sheep.
  • #729,806
  • Dec 10, 2012 3:29pm Dec 10, 2012 3:29pm
Quoting okanemici
Hi there,

Eurusd looks like parked at 1.2937 which is one of the weekly closes in october.
Does anybody have ideas on how previous daily or weekly closes effect the price movements ? Do they have effect the time spent in those levels ?
There was a guy here in may calling the next targets pip to pip, and I found out that they were the closest previous daily closes.Can we use the previous closes as targets and know when to get out ? Anybody ?

Okan
Closing levels define points of support and resistance
Even the worst trade can close with profit. Just give it time.
  • #729,807
  • Dec 10, 2012 3:33pm Dec 10, 2012 3:33pm
later guys

play safe!
Wolves don't lose any sleep over the opinion of the sheep.
  • #729,808
  • Dec 10, 2012 3:37pm Dec 10, 2012 3:37pm
Quoting John Gray
Lesson 1: I learnt it 2 years ago.

you short.

it goes up, it keeps on going, for days even, as soon as you long it turns around and sits in the middle for a month. then the short comes into profit and then you close the short on $1 profit after two months.

then you get pissed off and close the long. a month later the long would have been in profit.

i am sure every trader has done this at some point, catching tops and bottoms wrong. lesson to learn is that no trader is 100% correct. Not even some massive investment banking institution...
It's like burping in public. You don't want it to happen but from time to time, it can't be helped.
Not all sins are created equal
  • #729,809
  • Dec 10, 2012 3:38pm Dec 10, 2012 3:38pm
Quoting FX Wolf
yap they are at the same time!

EJ has just now entered bullish territory if closed above 6.52 then next r i see 7.21, 7.34

??
we will see.. if it is R and it holds. thinking, if it does 2863 should be a s/r and if it dont.2979 before 3008.
those who can, do. those who cant, talk about those who can
  • #729,810
  • Dec 10, 2012 3:40pm Dec 10, 2012 3:40pm
Quoting FX Wolf
later guys

play safe!
i wear a condom when i trade.
those who can, do. those who cant, talk about those who can
  • #729,811
  • Dec 10, 2012 3:41pm Dec 10, 2012 3:41pm
Quoting gatorinla
i wear a condom when i trade.
That's because I know what other tabs you opened man
Not all sins are created equal
  • #729,812
  • Dec 10, 2012 3:43pm Dec 10, 2012 3:43pm
Quoting FX Wolf
yap they are at the same time!

EJ has just now entered bullish territory if closed above 6.52 then next r i see 7.21, 7.34

??
I am looking to sell her trailings have been clipped 106 653 was origin of WE gap, I have selled 106 60
If you are new to Forex? Say Goodbye to your account!!
  • #729,813
  • Dec 10, 2012 3:46pm Dec 10, 2012 3:46pm
Quoting attila
For me it's more important what happens before the level, than at it..
same here.. levels can be chosen hours, days, weeks, months, ahead of time. when our heads are clear. all the ea knows is, "when we get here look for a reason to enter" if the criteria is met, it trades. if not, it dont w/o emotion.
those who can, do. those who cant, talk about those who can
  • #729,814
  • Dec 10, 2012 3:49pm Dec 10, 2012 3:49pm
Quoting attila
maybe it'll get there, but we're entering amateur hour from now to TY open.. BTW, I was always amazed by traders using limit orders.. Implies no confirmation.. I hope it'll work out for you.
Confirmation comes at a price....for example, pinbars require a stop above the nose which is often several times more risk than you'd be taking on had you just played the level itself. Since "confirmation" isn't foolproof I think it's worth the lower accuracy.
  • #729,815
  • Dec 10, 2012 3:49pm Dec 10, 2012 3:49pm
Quoting Jay Walker
That's because I know what other tabs you opened man
open tabs and all this gap talk makes me horny.. so i practice safe sex around all this electrical equipment.
those who can, do. those who cant, talk about those who can
  • #729,816
  • Dec 10, 2012 3:52pm Dec 10, 2012 3:52pm
Quoting gatorinla
i wear a condom when i trade.
buahhhhhhhhhhhhhhhhhhhhhh!
  • #729,817
  • Dec 10, 2012 3:53pm Dec 10, 2012 3:53pm
Quoting gatorinla
open tabs and all this gap talk makes me horny.. so i practice safe sex around all this electrical equipment.
Shocking!
Not all sins are created equal
  • #729,818
  • Dec 10, 2012 3:54pm Dec 10, 2012 3:54pm
Quoting KiwiTrada
I am looking to sell her trailings have been clipped 106 653 was origin of WE gap, I have selled 106 60
Not the greatest trade, if her get below green tl might add another, get above gap origin she will get me, enter just before day close, expecting little volatility, sl is small risk, 1st trade today
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Click to Enlarge Name: EJ 30min 11 12 2012.jpg Size: 88 KB
If you are new to Forex? Say Goodbye to your account!!
  • #729,819
  • Dec 10, 2012 3:56pm Dec 10, 2012 3:56pm
Quoting Vachus
My short order is just 6 pips away ... push push !
What a disappointment ... it came as close as 2.2 pip and flashed away !

I will consider closing down the order and go to sleep - another day tomorrow ... so typical of this shitty session !

Edit : canceled ..
"It's the Margin, Stupid."
  • #729,820
  • Dec 10, 2012 3:56pm Dec 10, 2012 3:56pm
ej is getting intersting but is that due to eu or uj
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 17 KB
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