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  • #768,141
  • Mar 6, 2013 8:46am Mar 6, 2013 8:46am
Quoting Ken A
Oh you don't want to know. Once it's out must taste blood.
yeah yeah...mr kenjutsu
  • #768,142
  • Mar 6, 2013 8:48am Mar 6, 2013 8:48am
Quoting Vectamart
Before shorting again, if I were you, I would wait and see if it pulls back to somewhere north of 1.3020; then wait for it to make a confirmed downward move below 1.3012 - i.e just below S1.
Oh... I don't use pivots...
though I re-entered with smaller position @ 1.30070 and let it run...
I dedicated some today's profits for "security"...
What will be, will be...
Read Charts - Not Papers
  • #768,143
  • Mar 6, 2013 8:53am Mar 6, 2013 8:53am
Quoting cat
But when you do, you've got the best bang for buck in the game, well besides GJ of course.
I prefer to stick with a more predictable pair with a tight spread. Usually EUR-USD and/or cable. I stick to the majors and avoid the crosses.
  • #768,144
  • Mar 6, 2013 8:55am Mar 6, 2013 8:55am
Quoting halkins
Oh... I don't use pivots...
though I re-entered with smaller position @ 1.30070 and let it run...
I dedicated some today's profits for "security"...
What will be, will be...

wise to short early - not to wait for circa 3015 .... don't think we'll get back up there anytime soon

i'm waiting for 2970
  • #768,145
  • Mar 6, 2013 8:56am Mar 6, 2013 8:56am
Quoting math_GB
Was a joke Mohan, I am British. It is against law not to consume alcohol here
Unless you are teetotal like me!
  • #768,146
  • Mar 6, 2013 8:56am Mar 6, 2013 8:56am
Quoting math_GB
Was a joke Mohan, I am British. It is against law not to consume alcohol here
Which is why I don't understand why your pubs close so damn early!! Back home I can walk into an Irish pub at 2am and still get me a beer...over here, not so much.
  • #768,147
  • Mar 6, 2013 8:57am Mar 6, 2013 8:57am
Quoting halkins
Oh... I don't use pivots...
though I re-entered with smaller position @ 1.30070 and let it run...
I dedicated some today's profits for "security"...
What will be, will be...
Well - good on you, mate. I wish you luck.
  • #768,148
  • Mar 6, 2013 8:57am Mar 6, 2013 8:57am
Quoting 1candlepower
wise to short early - not to wait for circa 3015 .... don't think we'll get back up there anytime soon
I am just watching PRICE...
If it starts doing dirty tricks I'll close all...
Read Charts - Not Papers
  • #768,149
  • Mar 6, 2013 8:59am Mar 6, 2013 8:59am
Quoting 1candlepower
if down move in progress now is 5th wave of today's fall in .eu, would terminate at 76.4 extension of last thursday's down move (3160->3052).

this fib system has been fairly predictive.

76.4 extension comes in at just about exactly 2970


not heard of a 76.4 fib before 78.2 yes.....

once price gets there (78.2) probability starts to skew heavily to +100%
  • #768,150
  • Mar 6, 2013 9:00am Mar 6, 2013 9:00am
God I can't wait to get back to trading regular lot sizes...spent the past few days testing a new stop loss system trading 0.01 lots. Hard to stay motivated if even during a good day all you make is a cheeseburger :nerd:
  • #768,151
  • Mar 6, 2013 9:01am Mar 6, 2013 9:01am
Quoting 4exNinja
Which is why I don't understand why your pubs close so damn early!! Back home I can walk into an Irish pub at 2am and still get me a beer...over here, not so much.
Brits wouldn't be able to go to work otherwise It is good that they are closing early...
  • #768,152
  • Mar 6, 2013 9:01am Mar 6, 2013 9:01am
Quoting halkins
I am just watching PRICE...
If it starts doing dirty tricks I'll close all...

me too. and, today price respects fib system cited and downtrend line system. (dam! 5th looks gonna be truncated! maybe not reach 2970! ...but would'nt count it out yet)
  • #768,153
  • Mar 6, 2013 9:02am Mar 6, 2013 9:02am
Quoting 4exNinja
God I can't wait to get back to trading regular lot sizes...spent the past few days testing a new stop loss system trading 0.01 lots. Hard to stay motivated if even during a good day all you make is a cheeseburger :nerd:
Let's say you make 100-150 pips...
Damn... you've got very expensive burgers there !!!
Read Charts - Not Papers
  • #768,154
  • Mar 6, 2013 9:05am Mar 6, 2013 9:05am
PA playing dirty trick
  • #768,155
  • Mar 6, 2013 9:05am Mar 6, 2013 9:05am
Quoting 1candlepower
me too. and, today price respects fib system cited and downtrend line system. (dam! 5th looks gonna be truncated! maybe not reach 2970!)
yo candle man what TF and price swing are you counting this 5 wave on ?
  • #768,156
  • Mar 6, 2013 9:06am Mar 6, 2013 9:06am
Quoting halkins
Let's say you make 100-150 pips...
Damn... you've got very expensive burgers there !!!
It is a ROYAL Cheeseburger Irishman, you wouldn't know
  • #768,157
  • Mar 6, 2013 9:06am Mar 6, 2013 9:06am
Quoting 4exNinja
God I can't wait to get back to trading regular lot sizes...spent the past few days testing a new stop loss system trading 0.01 lots. Hard to stay motivated if even during a good day all you make is a cheeseburger :nerd:
Yeah but once you have it down, you'll be making alot of cheeseburgers, focus on the pips not the money and the money will come. Good luck my friend!
  • #768,158
  • Mar 6, 2013 9:07am Mar 6, 2013 9:07am
Quoting halkins
Let's say you make 100-150 pips...
Damn... you've got very expensive burgers there !!!
I eat a lot...even at Macdonalds. Back home in Switzerland 100pips would be barely enough for a Happy Meal
  • #768,159
  • Mar 6, 2013 9:07am Mar 6, 2013 9:07am
If Draghi doesn't have something positive tomorrow then heaven help the euro, 700 pips down and no decent retracement.

Once again the big players screw the smaller players, suck them in and then throw it down. I was one of the suckers, been taught a big lesson last few weeks.
  • #768,160
  • Mar 6, 2013 9:07am Mar 6, 2013 9:07am
Quoting P.Action
we will see if she goes 3110?
Should have seen the Wave 5 building on the 15min, I was going for it at the beginning of the day when it dropped from 13050s. Then somehow convinced myself there was going to be a massive long from 13020. Classic convincing yourself/head up your own arse moment!!! Apologies for any undue influence that anyone may (if stupid enough) have taken from my last few posts.

Tomorrow's a new day..
Don't over egg the cake.
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