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EURUSD

  • #731,341
  • Dec 12, 2012 10:17pm Dec 12, 2012 10:17pm
my pa shows me we will hit 3100
  • #731,342
  • Dec 12, 2012 10:18pm Dec 12, 2012 10:18pm
Quoting Nachiket
so u mean to say you haven't lost in any trade till date? thats not possible. either you are bluffing or you have too much of wealth.
bro read what he says and not what you think hes saying, he didnt say he never lost a trade, in simple terms it is a good lesson for any trader, a combination of r/r mm and account protection.

If at any time there are conflicting aspects to the best trade available, stand aside, and wait, this is free, with no risk to account, as the conflicting aspects start to fall into place thenn is time to refine trade plan, if the conflicting aspects dont resolve, the trade opportunity is still not optimum, so stay onsidelines and go to beach

If you can just work on understanding what the guy is really saying, your tading log "will" improve

note, he gives very precise levels way in advance, and I mean wayyyy in advance, I have some his levels from years ago that are still valid, but this is not important, what is important, is the last sentence to most post re entry Wait & Watching for Weakness or similar

sorry gator for but in, and hope i close to correct, but just dont want get bogged down in similar debate for about the 1000 time
If you are new to Forex? Say Goodbye to your account!!
  • #731,343
  • Dec 12, 2012 10:28pm Dec 12, 2012 10:28pm
I short @3087 assuming that Asians don't dare to break y'day high

Edit: SL 3101

Edit: Exit with +2pip. Not comfortable
  • #731,344
  • Dec 12, 2012 10:30pm Dec 12, 2012 10:30pm
Quoting Magicmen
I short @3087 assuming that Asians don't dare to break y'day high
that is a wrong assumption, but who knows you might be right
  • #731,345
  • Dec 12, 2012 10:31pm Dec 12, 2012 10:31pm
Quoting Nachiket
ok. got it. if that was the case why wasn't 1.3100 targetted by london traders yesterday. there is a clear rejectiona round 1.31 and that still stays
how could i even answer a question like this.
those who can, do. those who cant, talk about those who can
  • #731,346
  • Dec 12, 2012 10:31pm Dec 12, 2012 10:31pm
Quoting gatorinla
just a simple flag.. with the pole saying we may get over 3158.. i am in the camp, until proven wrong we dont get above 3140. its why i wait for London. depending on pa. i may be able to get in a long term trade staring with a smaller day biased one. the flag is indicating we may go higher then the current high. it can change.. but its part of the reason i am not short now and waiting. i may be wrong, if so i dont make money. then again i am not in, and i dont lose any either. my goal is not to lose money. if i can do that, i will make money...
Good trading mindset.. IMHO there will be no major correction for Euro until EURJPY prints 110.50~111.50..
also, we are entering the seasonal thin holiday trading periods where Predators like to squeeze the conventional weak & wrong crowd while shouting "Merry Xmas & Happy New Year"..

http://www.supportoursharks.com/en/P...hale_Shark.png
  • #731,347
  • Dec 12, 2012 10:37pm Dec 12, 2012 10:37pm
Quoting cdndollar
Good trading mindset.. IMHO there will be no major correction for Euro until EURJPY prints 110.50~111.50..
also, we are entering the seasonal thin holiday trading periods where Predators like to squeeze the conventional weak & wrong crowd while shouting "Merry Xmas & Happy New Year"..

http://www.supportoursharks.com/en/P...hale_Shark.png
that's a very non aggressive shark there.. saw them in the real world. whale shark
those who can, do. those who cant, talk about those who can
  • #731,348
  • Dec 12, 2012 10:40pm Dec 12, 2012 10:40pm
Quoting paulonyx
that is a wrong assumption, but who knows you might be right
Accepted. I will wait for 3097 to short (until LSX open)
  • #731,349
  • Dec 12, 2012 10:41pm Dec 12, 2012 10:41pm
well this spike did not even close the NY high and we are bullish
  • #731,350
  • Dec 12, 2012 10:42pm Dec 12, 2012 10:42pm
Quoting Nachiket
well this spike did not even close the NY high and we are bullish
what I feel is most of the traders here are confused with what the euro does and throw in their own predictions just to close their traders and betray newcomers
  • #731,351
  • Dec 12, 2012 10:43pm Dec 12, 2012 10:43pm
Quoting Magicmen
Accepted. I will wait for 3097 to short (until LSX open)
well then keep waiting. gbp rejected the spike. so did the aussie and so did chf. only muppets which are rising are the JAPS and I don't think they will stop at 85 also.
  • #731,352
  • Dec 12, 2012 10:44pm Dec 12, 2012 10:44pm
Quoting gatorinla
that's a very non aggressive shark there.. saw them in the real world. whale shark
gator what happens if that flag is tested again. I think if a bear flag is tested again it goes much much lower
  • #731,353
  • Dec 12, 2012 10:47pm Dec 12, 2012 10:47pm
Quoting Nachiket
what I feel is most of the traders here are confused with what the euro does and throw in their own predictions just to close their traders and betray newcomers
i think they throw in their predictions to get others opinion about it, just to clear their confusion
  • #731,354
  • Dec 12, 2012 10:50pm Dec 12, 2012 10:50pm
Quoting Nachiket
well then keep waiting. gbp rejected the spike. so did the aussie and so did chf. only muppets which are rising are the JAPS and I don't think they will stop at 85 also.
I am bit concerned with the movement. For the past 1.5 hr, it's on single direction. You are right, JAPS do that - And they are back from lunch.
  • #731,355
  • Dec 12, 2012 11:00pm Dec 12, 2012 11:00pm
http://en.wikipedia.org/wiki/Jap

Quote
Jap is an English abbreviation of the word "Japanese." Today it is generally regarded as an ethnic slur among Japanese minority populations in other countries, although English-speaking countries differ in the degree to which they consider the term offensive. In the United States, Japanese Americans have come to find the term controversial or offensive, even when used as an abbreviation

I know people don't have any bad intentions by using that word and mean to abbreviate, not insult. However, please be respectful.
Not all sins are created equal
  • #731,356
  • Dec 12, 2012 11:12pm Dec 12, 2012 11:12pm
Quoting Nachiket
gator what happens if that flag is tested again. I think if a bear flag is tested again it goes much much lower
total thermal nuclear meltdown
those who can, do. those who cant, talk about those who can
  • #731,357
  • Dec 12, 2012 11:12pm Dec 12, 2012 11:12pm
Quoting Jay Walker
http://en.wikipedia.org/wiki/Jap



I know people don't have any bad intentions by using that word and mean to abbreviate, not insult. However, please be respectful.
Ooops sorry. I did not know that hidden meaning. I just referred it.
  • #731,358
  • Dec 12, 2012 11:28pm Dec 12, 2012 11:28pm
Quoting gatorinla
that's a very non aggressive shark there.. saw them in the real world. whale shark
haha.. that one had his feast back in the US Thanksgiving holidays.. so he seems to be pretty content for now.. the snarly Christmas gangs are still circling underneath..

bTW.. good temperament.. a pleasant contrast to ourBindaas friend..
  • #731,359
  • Dec 12, 2012 11:38pm Dec 12, 2012 11:38pm
Quoting Rag2RichesFX
i think there will be a battle this week for 1.30

weekly has not closed above it since the initial QE3/QEterinty move in September


by the way long from 60. almost pulled the trigger on that 55 m5/m15 bullish divergence

close 50% @ 3087
Be hopeful in a winning position, and fearful in a losing position.
  • #731,360
  • Dec 12, 2012 11:49pm Dec 12, 2012 11:49pm
nap time till Franky London
those who can, do. those who cant, talk about those who can
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