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  • #780,381
  • Mar 31, 2013 9:24pm Mar 31, 2013 9:24pm
Quoting SnaveForex
not a good place in my opinion...she will tank another 30 pips
Yeah, could happen. My SL is 100 pips though.
  • #780,382
  • Mar 31, 2013 9:25pm Mar 31, 2013 9:25pm
Quoting SpacyTrader
Yeah, could happen. My SL is 100 pips though.
100 for 300?
  • #780,383
  • Mar 31, 2013 9:28pm Mar 31, 2013 9:28pm
Quoting 1candlepower
the most accurate measures of the standard pivot system come from FXCM's feed in my experience... has been that way for some time (i use a built-in indic for S2,S1,P,R1,R2).
Ye well if they have a good feed why not ... Just my charts were a bit screwed up since they startup without my brokers real time feed and numbers were skewed up
  • #780,384
  • Mar 31, 2013 9:30pm Mar 31, 2013 9:30pm
now will 2789 push us to 2756
those who can, do. those who cant, talk about those who can
  • #780,385
  • Mar 31, 2013 9:31pm Mar 31, 2013 9:31pm
Quoting SpacyTrader
Yeah, could happen. My SL is 100 pips though.
now that's breathing room! (ps: love the new avatar )
  • #780,386
  • Mar 31, 2013 9:31pm Mar 31, 2013 9:31pm
Quoting SnaveForex
100 for 300?
Hard to say at this point. Usually thats how it should work. This one looks like I may close it in 2-3 days and reverse. If so it probably won't go up 300 pips in only a couple days.
  • #780,387
  • Mar 31, 2013 9:32pm Mar 31, 2013 9:32pm
Quoting 1candlepower
now that's breathing room! (ps: love the new avatar )
Tks
  • #780,388
  • Mar 31, 2013 9:36pm Mar 31, 2013 9:36pm
Quoting gatorinla
bow will 2789 push us to 2756
i understand most of your shorthand by now; but, bow=
  • #780,389
  • Mar 31, 2013 9:38pm Mar 31, 2013 9:38pm
Quoting gatorinla
now will 2789 push us to 2756
Lol, stop posting that number Gator please. I was already going to take a shower and as soon as you posted, we dropped again.
"I know one thing, that I know nothing." Sokrates
  • #780,390
  • Mar 31, 2013 9:39pm Mar 31, 2013 9:39pm
Quoting SpacyTrader
Hard to say at this point. Usually thats how it should work. This one looks like I may close it in 2-3 days and reverse. If so it probably won't go up 300 pips in only a couple days.
look 2654 is where this pair will go ...but 100 pips stop loss is ridiculus...i would prefer longing there with 100 pips stop
  • #780,391
  • Mar 31, 2013 9:40pm Mar 31, 2013 9:40pm
Quoting Tom_D_Trader
Lol, stop posting that number Gator please. I was already going to take a shower and as soon as you posted, we dropped again.
  • #780,392
  • Mar 31, 2013 9:42pm Mar 31, 2013 9:42pm
Quoting 1candlepower
i understand most of your shorthand by now; but, bow=
rather now
  • #780,393
  • Mar 31, 2013 9:44pm Mar 31, 2013 9:44pm
Quoting Tom_D_Trader
Lol, stop posting that number Gator please. I was already going to take a shower and as soon as you posted, we dropped again.
the moves not over till it goes where its going.. and i can risk 1/4% and lose 1/4%... or make almost 3%
those who can, do. those who cant, talk about those who can
  • #780,394
  • Mar 31, 2013 9:45pm Mar 31, 2013 9:45pm
Australia and UK is close....
  • #780,395
  • Mar 31, 2013 9:48pm Mar 31, 2013 9:48pm
Quoting SnaveForex
look 2654 is where this pair will go ...but 100 pips stop loss is ridiculus...i would prefer longing there with 100 pips stop
I see your point. But I made my system to be mechanical and be able to have confidence in it based on the past. If I start tweaking my entries based on discretionary S/R levels that confidence goes out the window for me and in the long run it'll make me miss trades.

Just with the recent drop from 1.2710 everybody was expecting a retest while I was short significantly lower. If I exited that position at BE waiting for that re-test attila and everybody else was expecting I'd have missed the boat.
  • #780,396
  • Mar 31, 2013 9:53pm Mar 31, 2013 9:53pm
Quoting SpacyTrader
I see your point. But I made my system to be mechanical and be able to have confidence in it based on the past. If I start tweaking my entries based on discretionary S/R levels that confidence goes out the window for me and in the long run it'll make me miss trades. Just with the recent drop from 1.2710 everybody was expecting a retest while I was short significantly lower. If I exited that position at BE waiting for that re-test attila and everybody else was expecting I'd have missed the boat.
not
those who can, do. those who cant, talk about those who can
  • #780,397
  • Mar 31, 2013 9:55pm Mar 31, 2013 9:55pm
Hah, discretionary, what a word, have to remember it . Imo 100 pips SL is not a big deal, actually, I sometimes even dont use SL, when I just want to hedge.
"I know one thing, that I know nothing." Sokrates
  • #780,398
  • Mar 31, 2013 10:01pm Mar 31, 2013 10:01pm
Quoting gatorinla
not
Ok. I suppose not everybody then. I stand corrected.
  • #780,399
  • Mar 31, 2013 10:04pm Mar 31, 2013 10:04pm
Quoting 1candlepower
tl view is: we just hit echo (in long tl standing system) at 2777 from 2am last friday... Whoa! and just now broke it (as i write this) if we go all the way to other side of road (echo from last wednesday just after 10am) it will land at just about EXACTLY 2700. what a coincidence. not a whole lot to stop it now... (recent confirmation of this system is defined by noon last thursday and just b4 5 eastern on friday)
correction: tl off last wednesday's low intersects 2700 @ just before 6 am est tomorrow morn, not midnight.
  • #780,400
  • Mar 31, 2013 10:04pm Mar 31, 2013 10:04pm
Quoting SpacyTrader
Ok. I suppose not everybody then. I stand corrected.

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http://assets.forexfactory.net/nfs/c...ar84527_42.gif gatorinla http://assets.forexfactory.net/image...ser_online.gif
what if your wrong? can you fix it?
Member Since Oct 2008

39,497 Posts


Quoting MaxDoom:
yes, and oil is pushing $98 now.

I read some analysts stuff last October-ish saying that the producers would be looking to target + $100 a barrel for 2013 and look where we are....

if not for the boj.. i would be out on a limb saying we are at the top of a new/(old resuming) down trend here. not just a pullback.. with a sub 1876 target. but with boj.. i cant.. it has to develop in the other ways..
those who can, do. those who cant, talk about those who can
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