Well at least for me I found it doesn't pay to be smart. I developed a mechanical rule based system. Just turn brain off and mindlessly buy or sell should work best.
- #757,681
- Feb 12, 2013 5:17am Feb 12, 2013 5:17am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
- #757,682
- Feb 12, 2013 5:17am Feb 12, 2013 5:17am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See
- #757,683
- Feb 12, 2013 5:18am Feb 12, 2013 5:18am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See
- #757,685
- Feb 12, 2013 5:23am Feb 12, 2013 5:23am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See
nice, I only posted my original question to you because it sounded like you were in draw down which of course you are not - just shows how the same words can be read different ways
Hopefully Draghi can help with that.
- #757,687
- Feb 12, 2013 5:25am Feb 12, 2013 5:25am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
short 61
If you are new to Forex? Say Goodbye to your account!!
- #757,688
- Feb 12, 2013 5:25am Feb 12, 2013 5:25am
- Joined Apr 2011 | Status: Hiroshima and Nagasaki | 8,060 Posts
i hear you max
thinking the same way here
can see a drop to 35 coming soon but still very strong to the up side
looking for investors . pm me
- #757,689
- Feb 12, 2013 5:26am Feb 12, 2013 5:26am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
me too @ 60 sl 71
Trade What You See Not What You Want To See
- #757,690
- Feb 12, 2013 5:26am Feb 12, 2013 5:26am
- Joined Apr 2011 | Status: Hiroshima and Nagasaki | 8,060 Posts
me too @ 60 sl 71
looking for investors . pm me
- #757,691
- Feb 12, 2013 5:27am Feb 12, 2013 5:27am
- Joined Apr 2011 | Status: Hiroshima and Nagasaki | 8,060 Posts
3385 will see i think 
looking for investors . pm me
- #757,692
- Feb 12, 2013 5:27am Feb 12, 2013 5:27am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
They think they are smarter than I am.
- #757,694
- Feb 12, 2013 5:29am Feb 12, 2013 5:29am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
careful bro
Trade What You See Not What You Want To See
- #757,696
- Feb 12, 2013 5:34am Feb 12, 2013 5:34am
- | Commercial User | Joined Jan 2013 | 1,169 Posts
Nice PA action on the Euro.
Let me post a chart update for what we could/need to see in the Euro:
The Scenario 2b indicated in the morning (check my prev post) is playing out. The 1.3451 threshold is now gone. We have two other important levels above current price that could now be violated on the upside (and there is now a good probability they will).
First is the 1.3510 level and then is the 1.3580 level.
The violation on the upside of the 1.3510 level would confirm the support area at 1.3360 also on the daily timeframe. In that case any retest of the 1.3360 should probably hold.
If the 1.3510 level is violated on the upside we could still get a retrace (that would be the entry/or an add for the big guys on this move higher), We could retrace into the 1.3450 (will be more precise on the actual area in the coming days).
The violation on the upside of the 1.3580 level would confirm the swing target in the 1.3870 area, which is where I will remove my swing longs.
PS: I am going to record a video every evening for the next day. Will also post a chart in the Euro-related threads. Check the "Euro/Dollar" thread for updates, that will be the first thread where I will post chart.
Please let me have your thoughts.
Have a great, great, green, green day
Let me post a chart update for what we could/need to see in the Euro:
The Scenario 2b indicated in the morning (check my prev post) is playing out. The 1.3451 threshold is now gone. We have two other important levels above current price that could now be violated on the upside (and there is now a good probability they will).
First is the 1.3510 level and then is the 1.3580 level.
The violation on the upside of the 1.3510 level would confirm the support area at 1.3360 also on the daily timeframe. In that case any retest of the 1.3360 should probably hold.
If the 1.3510 level is violated on the upside we could still get a retrace (that would be the entry/or an add for the big guys on this move higher), We could retrace into the 1.3450 (will be more precise on the actual area in the coming days).
The violation on the upside of the 1.3580 level would confirm the swing target in the 1.3870 area, which is where I will remove my swing longs.
PS: I am going to record a video every evening for the next day. Will also post a chart in the Euro-related threads. Check the "Euro/Dollar" thread for updates, that will be the first thread where I will post chart.
Please let me have your thoughts.
Have a great, great, green, green day
"markets traded by programs/HFT offer a significant trading edge..."
- #757,698
- Feb 12, 2013 5:34am Feb 12, 2013 5:34am
- Joined Feb 2012 | Status: Trader | 5,619 Posts
Watching 3408 & 3427 below 3363
i wont be surprised if we hit 3503 b4 Draghi
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
- #757,699
- Feb 12, 2013 5:39am Feb 12, 2013 5:39am
- Joined Apr 2011 | Status: Hiroshima and Nagasaki | 8,060 Posts
always on the ball
looking for investors . pm me
