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  • #770,501
  • Mar 12, 2013 2:40pm Mar 12, 2013 2:40pm
Quoting ec_creep
damn.. was trying to do it like ken's. either target being taken, or sl at + a few pips. really not my style -_-

trying this one here, 3003, saw that 2997. might just be valid enough.

That will be very difficult if you are trading in the daily noises and not prepared to be stopped out at BE+1 or even worse if the trend doesn't continue. The best entry for runner is Weekly/Monthly Support or Resistance depends on which side you stand.

I got many stopped out too but re-entered based on my perception of the trend and I don't rely on single pair but many and many entries. The important thing is the stopped out pips or $ are less than what you can book to balance.

This is what I have atm after manual closing and stopped out during Asian session. No new entries so far as I have partially booked and closed some earlier. Too many entries are difficult to manage during news event and the chance doesn't come everyday such as the trend for Yen Crosses (E/J and others) from Oct 2012. Need to relax a bit, this is very labor intensive.

But hey stick to what is comfortable to you.

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  • #770,502
  • Mar 12, 2013 2:42pm Mar 12, 2013 2:42pm
Quoting TuttiDFrutti
I just realized that there is a good chance that I am an idiot. I have wasted 15 years on looking at the charts and making trading decision with a face like a know something. Had I bought AUDUSD in 2000 and slept the whole time I would be a f666ing player now.
Don't look that far... If you had kept your EUR while it was ranging below 1.0 before summer 2002, you would be sleeping in a deluxe resort in Bora Bora now without doing anything... You can still do it, EUR is still cheap and it is a political instrument, EUR will always go up untill the major members decide EU is not needed anymore.
  • #770,503
  • Mar 12, 2013 2:46pm Mar 12, 2013 2:46pm
Quoting math_GB
You are looking at it all wrong... And yes you are wrong... Financial markets have absolutely nothing to do with "how many people are on food stamps". In fact if nation can look after its citizens, this shows the strength not weakness. But again, as I said before financial markets have nothing to do with what you are saying.

Look at "Corporate America"... You can discuss the effects of cheap money policy and all this QE bullshit effect but returns of corporate America has never been any better than what it is now.

..
I agree math, the US has a dramatic effect on global economics, as well as the EZ which has the second highest global GDP collectively. A weakened economy in either region is bad.

Although I feel the U.S. is not as strong as many "analysts" think; however, I do believe the risk lies within politicians - U.S. or even EU. Politics can and will jack shit up.
When the facts change I change my mind, what do you do sir
  • #770,504
  • Mar 12, 2013 2:49pm Mar 12, 2013 2:49pm
Quoting math_GB
Don't look that far... If you had kept your EUR while it was ranging below 1.0 before summer 2002, you would be sleeping in a deluxe resort in Bora Bora now without doing anything... You can still do it, EUR is still cheap and it is a political instrument, EUR will always go up untill the major members decide EU is not needed anymore.
Nice pips today?
  • #770,505
  • Mar 12, 2013 2:52pm Mar 12, 2013 2:52pm
Quoting 4exNinja
They sold food stamps worth $100 back to the government and companies for $1 a pop...so the main problem was a lack of education

Technically communism works IF it is managed correctly...which would require leaders not to be corrupt. Chances of that ever happening (in a communist or non-communist regime) are pretty much zero. The difference is, in a capitalist system you can at least fight back as an individual...in a communist one you're royally screwed if your leaders are corrupt (and let's face it, they all are).

The revolving door between...
Lol yes. Theory is great in the class room but rarely works in the real world. Corruption is human nature. We're all flawed in one way or another, but capitalism - flawed itself - has the most positive outlook.

There are the "haves" and "have nots," but in a capitalist system we are all given the opportunity to work in order to have. It is not easy nor is life. I rather be given a choice than have no choice at all as we are always defined by our choices (I know kind of philosophical). I could sling coke on the corner or earn a stable lifestyle. Some may may choose the prior or the latter.
When the facts change I change my mind, what do you do sir
  • #770,506
  • Mar 12, 2013 2:54pm Mar 12, 2013 2:54pm
Quoting Pip Anon
I agree math, the US has a dramatic effect on global economics, as well as the EZ which has the second highest global GDP collectively. A weakened economy in either region is bad.

Although I feel the U.S. is not as strong as many "analysts" think; however, I do believe the risk lies within politicians - U.S. or even EU. Politics can and will jack shit up.
One also needs to look at this issue from "consumption" point dude, US and its citizens consume much more than any EU nation which has the same GDP per head. It is about the culture. US has never had a high savings rate, and why would they have it..? The country offered/offers countless opportunities if one wants to work or create anything. Have you ever heard anything such as "French dream" or "English dream"...? There is a reason for the term "American dream"...
  • #770,507
  • Mar 12, 2013 2:56pm Mar 12, 2013 2:56pm
Quoting Ken A
Nice pips today?
I don't want to sound like murky but I have done something amazing today, look at my posts and the time stamps and what market did

I was hoping for 123.80s but didn't happen so closed everything around 124.80s, I am well today
  • #770,508
  • Mar 12, 2013 3:01pm Mar 12, 2013 3:01pm
Soon enough everybody will start playing the quarter-end game and all risk assets will be bought to stratosphere.
  • #770,509
  • Mar 12, 2013 3:03pm Mar 12, 2013 3:03pm
Quoting math_GB
I don't want to sound like murky but I have done something amazing today, look at my posts and the time stamps and what market did

I was hoping for 123.80s but didn't happen so closed everything around 124.80s, I am well today

That's nice.

How did you know Murky didn't take the meds
  • #770,510
  • Mar 12, 2013 3:08pm Mar 12, 2013 3:08pm
Quoting math_GB
One also needs to look at this issue from "consumption" point dude, US and its citizens consume much more than any EU nation which has the same GDP per head. It is about the culture. US has never had a high savings rate, and why would they have it..? The country offered/offers countless opportunities if one wants to work or create anything. Have you ever heard anything such as "French dream" or "English dream"...? There is a reason for the term "American dream"...
Um, I am not too sure what your referring to or the hostility. I believe my comment simply mentioned how both regions can weigh on the global economy. Also, I think everyone knows the U.S. is a consumption nation. It's great American gives opportunities not only to citizens but those that venture over.

There is no need to coin terms. The French live a very laid back life and like it. Maybe that's their dream.
When the facts change I change my mind, what do you do sir
  • #770,511
  • Mar 12, 2013 3:08pm Mar 12, 2013 3:08pm
Quoting Ken A
That's nice.

How did you know Murky didn't take the meds
I know his every move, it comes with experience
  • #770,512
  • Mar 12, 2013 3:12pm Mar 12, 2013 3:12pm
Quoting math_GB
I know his every move, it comes with experience



BTW, careful with short for Yen-X. U/J reaching 100.00 is not a pipe dream IMHO.
  • #770,513
  • Mar 12, 2013 3:16pm Mar 12, 2013 3:16pm
Quoting Ken A



BTW, careful with short for Yen-X. U/J reaching 100.00 is not a pipe dream IMHO.
EJ has to touch the bloddy 123.80s one more time...
  • #770,514
  • Mar 12, 2013 3:19pm Mar 12, 2013 3:19pm
Quoting math_GB
EJ has to touch the bloddy 123.80s one more time...
As per technical yes it should and I will be waiting at that weekly pivot as well.
  • #770,515
  • Mar 12, 2013 3:33pm Mar 12, 2013 3:33pm
15 min and 30min are challenging each other right now. One will fail..
  • #770,516
  • Mar 12, 2013 3:59pm Mar 12, 2013 3:59pm
Quoting Bocephus
15 min and 30min are challenging each other right now. One will fail..
The hare and the turtle. The young and the old... I hope the 15 will hold
  • #770,517
  • Mar 12, 2013 4:26pm Mar 12, 2013 4:26pm
Ok guys remember the 15min chart I posted hours ago, the BB has acted like a base so if this little down trend continues watch for another potential bounce around 3017-3020 or a drop past that to continue trend. Check Higher TF's for support in your trades
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  • #770,518
  • Mar 12, 2013 4:30pm Mar 12, 2013 4:30pm
Quoting mercy seat

Merger - Re-Do and some other mode features and tools activated ...


;-|


Be careful not to mistakenly activate self-destruct button.




;-|
  • #770,519
  • Mar 12, 2013 4:38pm Mar 12, 2013 4:38pm
Quoting Ken A
Be careful not to mistakenly activate self-destruct button.




;-|
Inserted Video
  • #770,520
  • Mar 12, 2013 4:43pm Mar 12, 2013 4:43pm
Quoting Ken A
Be careful not to mistakenly activate self-destruct button.




;-|
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