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  • #25,781
  • Jan 23, 2013 10:52pm Jan 23, 2013 10:52pm
Quoting Mr. Scott
Since it is high probability trade, you feel comfortable with r/r <1?
1 to 1 is good in my book everyday when it is my way......
The More You Learn, The More You Earn.....
  • #25,782
  • Jan 23, 2013 10:54pm Jan 23, 2013 10:54pm
Quoting forexalien
1 to 1 is good in my book everyday when it is my way......
I agree if it is high probability, just curious.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,783
  • Jan 23, 2013 10:56pm Jan 23, 2013 10:56pm
Quoting Mr. Scott
Since it is high probability trade, you feel comfortable with r/r <1?
Now that you bring it to my attention here is the one to one on my other account also " My Way"........ 18 more pips , 36 pips for the night and no sitting in front of the screen.......
Attached Image (click to enlarge)
Click to Enlarge Name: a one to one.JPG Size: 12 KB
The More You Learn, The More You Earn.....
  • #25,784
  • Jan 23, 2013 10:59pm Jan 23, 2013 10:59pm
This is a tough call tonight, it looks like the daily is going to fail.............
The More You Learn, The More You Earn.....
  • #25,785
  • Jan 23, 2013 11:06pm Jan 23, 2013 11:06pm
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
aud on track towards bear zone. gotta see if it can break below support 10495 if 105 is broken down..
Hindsight is useless if you never learn anything out from it
  • #25,786
  • Jan 23, 2013 11:10pm Jan 23, 2013 11:10pm
Quoting forexalien
Trade What You See, And Not What You Feel.......
Thanks for totally irrelevant post
In trading, you have to be defensive and aggressive at the same time
  • #25,787
  • Jan 23, 2013 11:13pm Jan 23, 2013 11:13pm
Davit, I hope you can let it go and move on. This is the only way to fight back and survive.

Quoting Davit
Hi DB
I should of listened to you yesterday....Closed my AU shorts with -40pips
My computer crashed today price kept going up and closed as risk control.
I do have additional shorts on NU and I can't figure out why it is keep going up.Just baffling to me.Could be just Asian market taking their money from AU and Euro and investing on NU as "safe" asset.Whatever it is I am not a happy camper.
daddybearforex. com
  • #25,788
  • Jan 23, 2013 11:18pm Jan 23, 2013 11:18pm
Quoting DaddyBear
Davit, I hope you can let it go and move on. This is the only way to fight back and survive.
Thanks bro
Yes I am learning everyday sometimes 3 steps back 1 step forward.Interesting when I am not greedy I make consistent money then I get overconfident and over extend myself that's when I give back in chunks.
I am still up 5% for the month.I know nothing to brag about but at least its not negative.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #25,789
  • Jan 23, 2013 11:23pm Jan 23, 2013 11:23pm
Quoting Davit
Thanks bro
Yes I am learning everyday sometimes 3 steps back 1 step forward.Interesting when I am not greedy I make consistent money then I get overconfident and over extend myself that's when I give back in chunks.
I am still up 5% for the month.I know nothing to brag about but at least its not negative.
Regards
5% p.m = 60% p.a (simple not compound)
  • #25,790
  • Jan 23, 2013 11:25pm Jan 23, 2013 11:25pm
Quoting Davit
Thanks bro
Yes I am learning everyday sometimes 3 steps back 1 step forward.Interesting when I am not greedy I make consistent money then I get overconfident and over extend myself that's when I give back in chunks.
I am still up 5% for the month.I know nothing to brag about but at least its not negative.
Regards
Yes, Davit I think that is an important lesson, we all make our biggest mistakes after a string of successes and we start to get "overconfident."

Don't know if you ever read the book "Market Wizards" but what struck me was how almost every single trader said they lost the most after they made the most and started to get overconfident. All said it took them a long time to learn that lesson.

Mastering anything is self mastery, and a very difficult but rewarding journey.

Regards.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,791
  • Jan 23, 2013 11:45pm Jan 23, 2013 11:45pm
Quoting Mr. Scott
Yes, Davit I think that is an important lesson, we all make our biggest mistakes after a string of successes and we start to get "overconfident."

Don't know if you ever read the book "Market Wizards" but what struck me was how almost every single trader said they lost the most after they made the most and started to get overconfident. All said it took them a long time to learn that lesson.

Mastering anything is self mastery, and a very difficult but rewarding journey.

Regards.
I have that book or had.My PC crashed today fried and I lost not only all my e books but many family pictures well.Got new PC today Gateway Intell I3
1 TB, 6GB DDR3,wireless HDMI and best part $380 at micro-center.
Great for my needs and very quiet which I appreciate.
Truth is I have been doing this 1yr only and it has been bigger challenge then I imagined to be.I am confident that I will succeed.
Kudos
In trading, you have to be defensive and aggressive at the same time
  • #25,792
  • Jan 23, 2013 11:55pm Jan 23, 2013 11:55pm
Quoting Davit
I have that book or had.My PC crashed today fried and I lost not only all my e books but many family pictures well.Got new PC today Gateway Intell I3
1 TB, 6GB DDR3,wireless HDMI and best part $380 at micro-center.
Great for my needs and very quiet which I appreciate.
Truth is I have been doing this 1yr only and it has been bigger challenge then I imagined to be.I am confident that I will succeed.
Kudos
If it were easy, then everyone would do it. The fact it is not easy makes it worth doing. You will succeed because you are confident that you will.

"Whatever the mind can conceive and believe, it can achieve" Napoleon Hill

“Whether you think you can, or you think you can't--you're right.” Henry Ford
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,793
  • Jan 23, 2013 11:59pm Jan 23, 2013 11:59pm
Quoting Davit
I have that book or had.My PC crashed today fried and I lost not only all my e books but many family pictures well.Got new PC today Gateway Intell I3
1 TB, 6GB DDR3,wireless HDMI and best part $380 at micro-center.
Great for my needs and very quiet which I appreciate.
Truth is I have been doing this 1yr only and it has been bigger challenge then I imagined to be.I am confident that I will succeed.
Kudos
you can still recover some of your files .. make your HDD as external hard drive and connect it to your new PC.
  • #25,794
  • Jan 24, 2013 12:04am Jan 24, 2013 12:04am
Seoul: North Korea said on Thursday it would carry out further rocket launches and a nuclear test that would target the United States, dramatically stepping up its threats against a country it called its "enemy".

The announcement by the country's top military body came a day after the United Nations Security Council agreed a US-backed resolution to censure and sanction the country for a rocket launch in December that breached UN rules.

"We are not disguising the fact that the various satellites and long-range rockets that we will fire and the high-level nuclear test we will carry out are targeted at the United States," North Korea's National Defence Commission said, according to state news agency KCNA.


Read more: http://www.smh.com.au/world/north-korea-flags-nuke-test-rockets-aimed-at-enemy-us-20130124-2d8zo.html#ixzz2Is1D7rtT



http://www.smh.com.au/world/north-korea-flags-nuke-test-rockets-aimed-at-enemy-us-20130124-2d8zo.html
  • #25,795
  • Jan 24, 2013 12:10am Jan 24, 2013 12:10am
Quoting HelloOz
Seoul: North Korea said on Thursday it would carry out further rocket launches and a nuclear test that would target the United States, dramatically stepping up its threats against a country it called its "enemy".

The announcement by the country's top military body came a day after the United Nations Security Council agreed a US-backed resolution to censure and sanction the country for a rocket launch in December that breached UN rules.

"We are not disguising the fact that the various satellites and long-range rockets that we...
Came across Reuters a little over two hours ago, did not see a move.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,796
  • Jan 24, 2013 12:41am Jan 24, 2013 12:41am
So, double pin bar on 1hr with potential Gartley buy pattern.

And EUR just broke through 61.8 of its harmonic move so it wants the whole thing, see what we can do here.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,797
  • Jan 24, 2013 2:50am Jan 24, 2013 2:50am
wouldn't surprise me if this is the start of a very big move below parity fueled by a big correction of stock markets

AU H1:
Attached Image (click to enlarge)
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Don't be a hero. Don't have an ego. Always question yourself
  • #25,798
  • Jan 24, 2013 2:54am Jan 24, 2013 2:54am
Hi DB

Here is a clearer view of the levels I selected

Grey zones are undecided yellow line is a place not to put stops( still working on that )
Would appreciate your view on this and still holding on to my shorts.
Attached Image (click to enlarge)
Click to Enlarge Name: levels.jpg Size: 143 KB
  • #25,799
  • Jan 24, 2013 6:16am Jan 24, 2013 6:16am
I will buy from 1.4900 Tp 1.5400 Sl 1.4800

Come on make money
  • #25,800
  • Jan 24, 2013 6:57am Jan 24, 2013 6:57am
Quoting Neohau
I will buy from 1.4900 Tp 1.5400 Sl 1.4800

Come on make money
Quick death

Let's see how these US unemployment numbers shake things up
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