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  • #761,901
  • Feb 20, 2013 1:54pm Feb 20, 2013 1:54pm
I will keep away from long until I am 99% sure. Following general markets at first and then optimize return by using day trading skills.
  • #761,902
  • Edited 2:06pm Feb 20, 2013 1:55pm | Edited 2:06pm
I love today's PA.

Have been holding shorts for 2 weeks. This is eaxtly how the market works: attacking at the most unexpected time.


Now we see where the trend is.
  • #761,903
  • Feb 20, 2013 1:59pm Feb 20, 2013 1:59pm
Quoting Kanzler
If you're an Elliott Wave trader I'll leave you with something to think about - Elliott died a poor, lonely man and never in his life made a fortune from trading.
nothing relates with his EW theories.
  • #761,904
  • Feb 20, 2013 2:00pm Feb 20, 2013 2:00pm
Quoting Ken A
Or be construed as promotion.

.
with income like that, nothing to promote.
  • #761,905
  • Feb 20, 2013 2:03pm Feb 20, 2013 2:03pm
Quoting habibFx
with income like that, nothing to promote.

That's alright if you think that is worth bragging. It's a big ocean out here.
  • #761,906
  • Feb 20, 2013 2:04pm Feb 20, 2013 2:04pm
Quoting ill_be_back
long EJ @ 124.540
EU @ 1.32831
OUT
A good trader follows his rules, but great trader knows when to break them
  • #761,907
  • Feb 20, 2013 2:06pm Feb 20, 2013 2:06pm
1hr did not pull back - 4hr domination.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #761,908
  • Feb 20, 2013 2:10pm Feb 20, 2013 2:10pm
What are the chances this thing is gonna go up?
  • #761,909
  • Feb 20, 2013 2:10pm Feb 20, 2013 2:10pm
Watching 1.3267
  • #761,910
  • Feb 20, 2013 2:12pm Feb 20, 2013 2:12pm
Quoting ukmartin
What are the chances this thing is gonna go up?
Hopefully zero. I keep seeing people wanting to go long this thing. I was short all month and I'll remain short for the foreseeable future.
  • #761,911
  • Feb 20, 2013 2:13pm Feb 20, 2013 2:13pm
Quoting ukmartin
What are the chances this thing is gonna go up?
Not impressed with slow PA right now but it could be that people are loading up. Hard to tell. This zone was also hit a few times before so it's no doubt much weaker by this point.
  • #761,912
  • Feb 20, 2013 2:14pm Feb 20, 2013 2:14pm
Quoting ukmartin
What are the chances this thing is gonna go up?
it's possible - the sell-off is pretty rapid so it could go up. more thrust of the same intensity will be required to keep it down. nevertheless overall it looks like the possibility is greater for new lows.

*that will be 10 pips for my analysis.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #761,913
  • Feb 20, 2013 2:18pm Feb 20, 2013 2:18pm
Hello guys……… 1.3264 is 20 day break price for today and supp is at 1.3262 and if that happens 20 day break out is medium term bearish trend continuation…
If you are brave enough to control your emotions, you can trade well....
  • #761,914
  • Feb 20, 2013 2:19pm Feb 20, 2013 2:19pm
Quoting Jay Walker
Nobody's perfect.
front row seat to ww3
those who can, do. those who cant, talk about those who can
  • #761,915
  • Feb 20, 2013 2:19pm Feb 20, 2013 2:19pm
Thanks for that guys

got myself into a real mess, down about 150 pips and wondering weather to bail now or stick it out
  • #761,916
  • Feb 20, 2013 2:21pm Feb 20, 2013 2:21pm
Quoting ukmartin
Thanks for that guys

got myself into a real mess, down about 150 pips and wondering weather to bail now or stick it out
go for the margin call
  • #761,917
  • Feb 20, 2013 2:22pm Feb 20, 2013 2:22pm
Quoting ukmartin
Thanks for that guys

got myself into a real mess, down about 150 pips and wondering weather to bail now or stick it out
you are not in a position to bargain. in trading having a way out is just as important as the way in. I hate to add this salt to your pain.

see my sig:
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #761,918
  • Feb 20, 2013 2:22pm Feb 20, 2013 2:22pm
Quoting rudimente
silence? no longs anymore?
s/o mine.. s/l worked like it was meant too.
those who can, do. those who cant, talk about those who can
  • #761,919
  • Feb 20, 2013 2:23pm Feb 20, 2013 2:23pm
Short 1.3280
Tp 1.3180
Sl 1.3380
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Feb. 20 15.17.gif Size: 38 KB
  • #761,920
  • Feb 20, 2013 2:24pm Feb 20, 2013 2:24pm
Quoting ukmartin
Thanks for that guys

got myself into a real mess, down about 150 pips and wondering weather to bail now or stick it out
What has the weather got to do with it ? Anyway it could of course bounce from here but if you ask me your chances to get your money back don't look so great. I'm sure there are plenty of people still looking for 1.35 who will disagree with me though. lol
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