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  • #741,441
  • Jan 3, 2013 8:32pm Jan 3, 2013 8:32pm
Quoting Chicky
Food for thought

We take a long-term (500 plus pip) postion with sl 100 to 150 pips.

1. It shows profit of 40 or 50 pips and bounces from a strong s/r in its way. Profits shrink to 35 pips and we cash in with an intention of re-entry when it resumes going in our direction. That re-entry never comes.

or

2. It shows a loss of 50 pips and looks as if it will keep on going against us for another 100 pips. We close or enter in the opposite direction. It starts going in our original direction and we do not get a re-entry

or...
Hmmmm Its a hard one ... No idea mate
MMMYYYKKK
  • #741,442
  • Jan 3, 2013 8:34pm Jan 3, 2013 8:34pm
Quoting myk
Hmmmm Its a hard one ... No idea mate
The answer is very simple, all one needs is to think outside the box (or as if there's no fuckin' box).
The Thief of Wall Street
  • #741,443
  • Jan 3, 2013 8:36pm Jan 3, 2013 8:36pm
Quoting gatorinla
it was at 3301 just a few days ago
i know thats when i shorted it and sold it off for 20 pips. we were range trading the week before i was waiting for it to come back. when we 1st got to 13306 it made a "zone" i call them to short it from. these zones have a memory like your numbers you use.
  • #741,444
  • Jan 3, 2013 8:38pm Jan 3, 2013 8:38pm
Quoting johncen
yes bro..sometimes we just need to wait for PA to react..be patience is the key to success....
I have some shorts under water before I took this 3295 short...I have USDX in mind...if we break below the trend line..most likely bull will get my sl...but lucky they dnt have the balls to do so...and I manage to closed my other shorts in green.....
now seems we may push up higher.. non farm or rate cut?

Was planning to take some long last night near 3090..but i dnt get enough signals to do so.. woke up today n saw big fall after FOMC meeting minutes...glad...
yes very nice start to new year, do you have eyeball on other ladies esp kiwi aussie
If you are new to Forex? Say Goodbye to your account!!
  • #741,445
  • Jan 3, 2013 8:46pm Jan 3, 2013 8:46pm
thank you
  • #741,446
  • Jan 3, 2013 8:50pm Jan 3, 2013 8:50pm
Quoting Chicky
The answer is very simple, all one needs is to think outside the box (or as if there's no fuckin' box).
BUT as if nothing remains the same or symmetrical
each one of us has a diff stance on each given time n all of us think we r they one
After 13 years of trading forex,stocks etc i would say if u want a life stay out of this at-least forex or it will suck
my out of box idea can work once twice but not 5/10 ..............
I still do mistakes everyday all year sometimes due to greed sometimes getting overexcited sometimes jumping in a running train .
But this fukn biz is n addiction only a few can leave
Anyway i see a move @3010 or @2970 coming lol
MMMYYYKKK
  • #741,447
  • Jan 3, 2013 8:53pm Jan 3, 2013 8:53pm
Quoting 1candlepower
ANOTHER 100p leg down tomorrow?

a little bit of FED talk (behind closed doors !!! and nothing more) about ending QE early was enough to put .eu on the skids today. so would it be unreasonable to expect another 100p down (at the least) tomorrow morning if predictions about a huge upside NFP number are true?

with the FED targeting employment, that's another reason to end QE early...

so, are we lookin at 1.2900 by lunchtime tomorrow?

did some reading, correction to the above: actual FED statement cites tightening of interest rates v. employment in its dec 12 announcement of economic thresholds, but i think most traders intuitively fold QE into that...
  • #741,448
  • Jan 3, 2013 8:54pm Jan 3, 2013 8:54pm
Quoting navk
What is your analysis on Gold Gator ?
I dont trade gold but i have a sell recommendation on silver for target price 27
And im guessing if us economy is really recovering hold and silver can get dumped since gold and silver has never been a good investment compare to us stocks that pays out dividends each quarter....
So yea im holding a short on silver lookin to aim for 27
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #741,449
  • Jan 3, 2013 8:57pm Jan 3, 2013 8:57pm
Quoting Chicky
The answer is very simple, all one needs is to think outside the box (or as if there's no fuckin' box).
intriguing.. you have to do everything upside down..
  • #741,450
  • Jan 3, 2013 9:00pm Jan 3, 2013 9:00pm
Quoting myk
BUT as if nothing remains the same or symmetrical
each one of us has a diff stance on each given time n all of us think we r they one
After 13 years of trading forex,stocks etc i would say if u want a life stay out of this at-least forex or it will suck
my out of box idea can work once twice but not 5/10 ..............
I still do mistakes everyday all year sometimes due to greed sometimes getting overexcited sometimes jumping in a running train .
But this fukn biz is n addiction only a few can leave
[b]Anyway...
LOL. Just keep on playing according to your system. It has already taken care of such movements. Sometimes it will miss your tp by 1 pip but other times your sl for a couple of pips.

I have a strong s/r at 1.2950.
The Thief of Wall Street
  • #741,451
  • Jan 3, 2013 9:04pm Jan 3, 2013 9:04pm
Quoting Chicky
LOL. Just keep on playing according to your system. It has already taken care of such movements. Sometimes it will miss your tp by 1 pip but other times your sl for a couple of pips.

I have a strong s/r at 1.2950.
THANKS N YEA TAHTS MY 3rd LEVEL
MMMYYYKKK
  • #741,452
  • Jan 3, 2013 9:05pm Jan 3, 2013 9:05pm
I started a demo account last week for just the hell of it with the same live amount $3k and its at 12k.. Made a 4 full lot sell on euro at 1.3225 lmao. I was just doingn it for fun, no way I would risk my real money like that-_-
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #741,453
  • Jan 3, 2013 9:06pm Jan 3, 2013 9:06pm
Quoting spartanforex
i know thats when i shorted it and sold it off for 20 pips. we were range trading the week before i was waiting for it to come back. when we 1st got to 13306 it made a "zone" i call them to short it from. these zones have a memory like your numbers you use.
this was the chart of zones i was looking for since the 20th of december
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  • #741,454
  • Jan 3, 2013 9:08pm Jan 3, 2013 9:08pm
Quoting Chicky
Food for thought........

.......5. It does whatever it could to let us down no matter what we do

What we are doing wrong? You tell me, then I will let you know what to do (or what not to do) based on a simple logic.

you r trading outside ur time horizon --- try for 50 or 15 p. (or maybe try for 5000 p )
  • #741,455
  • Edited 9:37pm Jan 3, 2013 9:26pm | Edited 9:37pm
long 3021, SL 3018, rising TP 3106, size 1%. a very stoooooopid trade placed in the middle of *tokyo lunch, likely not to succeed
  • #741,456
  • Jan 3, 2013 9:26pm Jan 3, 2013 9:26pm
DX futs just put toe back into main chan from past mos (now @ 80.76)... if u r sh usd, not looking good
  • #741,457
  • Jan 3, 2013 9:27pm Jan 3, 2013 9:27pm
Quoting 1candlepower
you r trading outside ur time horizon --- try for 50 or 15 p. (or maybe try for 5000 p )
I did, but it's no thrill.
The Thief of Wall Street
  • #741,458
  • Jan 3, 2013 9:28pm Jan 3, 2013 9:28pm
Quoting yelena
long 3021, SL 3018, rising TP 3106. a very stoooooopid trade placed in the middle of jap lunch, likely not to succeed
but you have chance to get out w/o loss
  • #741,459
  • Jan 3, 2013 9:29pm Jan 3, 2013 9:29pm
Quoting Chicky
I did, but it's no thrill.

that's what compulsive gamblers say
  • #741,460
  • Jan 3, 2013 9:33pm Jan 3, 2013 9:33pm
Quoting 1candlepower
that's what compulsive gamblers say
Never said I was a trader. I am just a thief.
The Thief of Wall Street
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