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  • #743,561
  • Jan 9, 2013 8:52am Jan 9, 2013 8:52am
Quoting Tadej89
Tried long at 38, risk 7, its worth to take a shot...
on the same boat here if we do get a bounce up 78 is the next level
  • #743,562
  • Jan 9, 2013 8:55am Jan 9, 2013 8:55am
Quoting BlueGas
i have certain levels which i trade from and they proved me that i can exploit them, nothing more nothing less... from my view if 39 doesnt hold, we can easyly see 2850, you just have to have prepared scenarios
btw im not calling you idiot... im just saying in general (the 95% of traders who loses money...)
those without conviction, without their own trading strategy, those who would shout "WTF is happening... why is EURO tanking and shit"
those are the muppets i absolutely hate... and it gets worse when u try to explain and they never listen, but rather theyd be asking you for trades, so they can follow yours...
i mean wtf do i look like? a signal robot? i aint a bloody Personal EA...
i just wish those traders can learn to trade forex like i did (through trial and error), develop a trading strategy and stick to it...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #743,563
  • Jan 9, 2013 8:56am Jan 9, 2013 8:56am
Quoting Alexone
MaxDoom bought at 50 and hes no muppet. Ppl make mistakes sometimes. But the real mistake is those of the people trying to piggy back on MaxDoom's or others trades. They dont know when Max closes his position, so they keep adding to losers until they get margin called. Note to all of u that do this: NEVER try to emulate the trades of the person u look up to on this forum. You can set your sl to breakeven if a person u admire goes the other way, but better yet, stick to your original plan. Thats it!

precisely...

in fact I did show my BE stop on that trade entry

http://www.forexfactory.com/showthre...55#post6350155


some people are saying I should have stuck with the trend etc.... but what trend Monthly? Daily? H1? it matters...... my current trades are based on the weekly/Daily correction in play so they are longs. But that does not mean I will sit on losers, it means I will keep entering and getting out for BE or small pips until the trade sticks or the scenario is invalid.

some people just do not get relativity of time in trading and most do not have a trade plan so they don't have a clue how to handle a trade once they are in it.

think about it - if you just randomly picked UP or DOWN you should be 50% right yes? but most people on here will not get results that match anywhere near 50% because they simply do not understand how to create and manage a trade plan - trading is all about the plan - if you don't have a good plan it makes no difference if you get the direction right or wrong.
  • #743,564
  • Jan 9, 2013 8:56am Jan 9, 2013 8:56am
I'll confess to being a muppet today, was expecting a better start to the year and have got frustrated this week. Lost sight of the fundamentals, this sort of week is not unusual with a ECB Thursday looming

As Max reminded me before, you just have to accept the periods where the market conditions do not suit your plan.
  • #743,565
  • Jan 9, 2013 8:56am Jan 9, 2013 8:56am
Quoting cat
And, more importantly, traders like Maxdoom spent many years learning how to trade, and would never once, I am sure, have been influenced by someone else's trade, unlike too many people on this forum.
Here's the thing. If u spend your time on your forums you are gonna get influenced by some1 at some point, no matter how bad / good you are. Pretty sure MaxDoom when he first started was too (20 something years ago ). But in time, you will realize that you cant 'steal' trades from some1 and be profitable.
  • #743,566
  • Jan 9, 2013 8:57am Jan 9, 2013 8:57am
Quoting math_GB
Added @1.3040 again... I do wonder what we will be talking about this friday...
We'll be talking about what happened Thursday.
Time turns trend. - W.D. Gann
  • #743,567
  • Jan 9, 2013 8:59am Jan 9, 2013 8:59am
i think newbies should also start using limit orders, thats how you prepare your position, and not watching long red bars(personal expirience ) and then press sell button.... 3055 might be also decision level
  • #743,568
  • Jan 9, 2013 9:00am Jan 9, 2013 9:00am
U.S will be sure printing more coins, which means more inflation for USD.
  • #743,569
  • Jan 9, 2013 9:01am Jan 9, 2013 9:01am
Quoting MaxDoom
precisely...

in fact I did show my BE stop on that trade entry

http://www.forexfactory.com/newreply...eply&p=6350155


some people are saying I should have stuck with the trend etc.... but what trend Monthly? Daily? H1? it matters...... my current trades are based on the weekly/Daily correction in play so they are longs. But that does not mean I will sit on losers, it means I will keep entering and getting out for BE or small pips until the trade sticks or the scenario is invalid.

some people just do not get relativity...
This is what separates traders. You have a plan, it hasnt been invalidated so u stick to it. You dont add to losers and you dont move your stop loss. Simple...but hard.
  • #743,570
  • Jan 9, 2013 9:01am Jan 9, 2013 9:01am
Quoting ForExtraPips
We'll be talking about what happened Thursday.
I marked your post mate... I will remind you
  • #743,571
  • Jan 9, 2013 9:01am Jan 9, 2013 9:01am
standing by... waiting for 1.3020. then look where the pair gonna go from there.
Surabaya
  • #743,572
  • Jan 9, 2013 9:03am Jan 9, 2013 9:03am
open a h4 chart, look to the left and tell me from where price last time had a good up-move.
draw an area from the level it started the up-move and tell me where price currently is.

i dont know how much demand did come in there but i guess some lots.

so if there is an area to long eurusd then it should be somewhere between 1.3037 and 1.3017.

my 5 cents ;-)
.:: your stop loss is another trader's first target ::.
  • #743,573
  • Jan 9, 2013 9:04am Jan 9, 2013 9:04am
Quoting Alexone
Here's the thing. If u spend your time on your forums you are gonna get influenced by some1 at some point, no matter how bad / good you are. Pretty sure MaxDoom when he first started was too (20 something years ago ). But in time, you will realize that you cant 'steal' trades from some1 and be profitable.
This forum should be for entertainment only, and not for learning how to trade, that comes by being locked away in front of your screens working it out, losing, losing, and losing some more on a demo until you either drop dead, your wife runs away with the postman, or until you've cracked it, preferable in reverse order.
  • #743,574
  • Jan 9, 2013 9:04am Jan 9, 2013 9:04am
Quoting BlueGas
on the same boat here if we do get a bounce up 78 is the next level
Its looking good for now moved stop loss above entry point, its too risky IMO, I've seen this thing dropped to many times today...
  • #743,575
  • Jan 9, 2013 9:06am Jan 9, 2013 9:06am
Quoting cat
This forum should be for entertainment only, and not for learning how to trade, that comes by being locked away in front of your screens working it out, losing, losing, and losing some more on a demo until you either drop dead, your wife runs away with the postman, or until you've cracked it, preferable in reverse order.
best if the wife runs first, then she gets none of the profits but half the learning losses

no wonder some traders go through so many wives eh Chicky
  • #743,576
  • Jan 9, 2013 9:07am Jan 9, 2013 9:07am
Quoting Tadej89
Its looking good for now moved stop loss above entry point, its too risky IMO, I've seen this thing dropped to many times today...
im keeping them @ 3025 for now, 3041 will tell now if this top holds
  • #743,577
  • Jan 9, 2013 9:07am Jan 9, 2013 9:07am
Quoting cat
This forum should be for entertainment only, and not for learning how to trade, that comes by being locked away in front of your screens working it out, losing, losing, and losing some more on a demo until you either drop dead, your wife runs away with the postman, or until you've cracked it, preferable in reverse order.
Hahaha! Yeah true. However u can learn from some posters. I did. Still am.
  • #743,578
  • Jan 9, 2013 9:08am Jan 9, 2013 9:08am
Hey Guys,

do not be worried, we are going to reach 1.3020 then the pair will rebound to up again. relax for now.
The only reason for time is so that everything does not happen at once.
  • #743,579
  • Jan 9, 2013 9:09am Jan 9, 2013 9:09am
Quoting MaxDoom
best if the wife runs first, then she gets none of the profits but half the learning losses

no wonder some traders go through so many wives eh Chicky
yes I'd thought about that, just sod's law that our postman is the female kind!
  • #743,580
  • Jan 9, 2013 9:12am Jan 9, 2013 9:12am
if this is still in uptrend we shoulda go higher very quickly, close above 3100 would be ideal
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