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  • #780,441
  • Mar 31, 2013 10:42pm Mar 31, 2013 10:42pm
Quoting COopa
actually no problem at all, so i can long for a better price.
hell wait for 2830 like many did Friday.. we made a LL and they long 80 pips above it.
those who can, do. those who cant, talk about those who can
  • #780,442
  • Mar 31, 2013 10:45pm Mar 31, 2013 10:45pm
Quoting gatorinla
hell wait for 2830 like many did Friday.. we made a LL and they long 80 pips above it.
during thin market, i like to do scalping using momentum indicators combined with support n resistant. But during busy day, you may bust your account if you do the same strategy
Everything in the world has its own rhytms
  • #780,443
  • Mar 31, 2013 10:50pm Mar 31, 2013 10:50pm
Quoting COopa
during thin market, i like to do scalping using momentum indicators combined with support n resistant. But during busy day, you may bust your account if you do the same strategy
we made a LL w/o testing that low or another base. and i see people longing with 100 pip stop. below a mid and a ypp.. so unless they have a tight stop. its suicide. pa is pa regardless of the thin market. its still trillions. and even on a normal day the strategy is suicide w/o a small stop.. you have to wait for the entry..
those who can, do. those who cant, talk about those who can
  • #780,444
  • Mar 31, 2013 10:53pm Mar 31, 2013 10:53pm
Quoting gatorinla
we made a LL w/o testing that low or another base. and i see people longing with 100 pip stop. below a mid and a ypp.. so unless they have a tight stop. its suicide.
hahaha may be they are a long term trader not an intraday trader.
Everything in the world has its own rhytms
  • #780,445
  • Mar 31, 2013 10:56pm Mar 31, 2013 10:56pm
Quoting COopa
hahaha may be they are a long term trader not an intraday trader.
then they will not be trading long.
those who can, do. those who cant, talk about those who can
  • #780,446
  • Mar 31, 2013 10:57pm Mar 31, 2013 10:57pm
Quoting gatorinla
then they will not be trading long.
I love how confident you sound. If I was that confident, I'd have no money left
  • #780,447
  • Mar 31, 2013 11:00pm Mar 31, 2013 11:00pm
Quoting mrblu
I love how confident you sound. If I was that confident, I'd have no money left
then you would not be using good m/m.. that has nothing to do with confidence.
those who can, do. those who cant, talk about those who can
  • #780,448
  • Mar 31, 2013 11:02pm Mar 31, 2013 11:02pm
Quoting mrblu
I love how confident you sound. If I was that confident, I'd have no money left
You should be confident in your trading. And it doesn't take much to see the clear downtrends in EURUSD. I know some like to trade partials and reversos, but there is no sense in trading against the trend.

No need to swim up stream. You're not a salmon.
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When the facts change I change my mind, what do you do sir
  • #780,449
  • Mar 31, 2013 11:02pm Mar 31, 2013 11:02pm
Quoting gatorinla
then they will not be trading long.
i would long for long term trade for example Long @1.2770 TP @1.3020 SL 1.2650. and expect a double bottom pattern on daily chart. But it is too early to put that position at the moment since we haven't see any signal bar on daily chart
Everything in the world has its own rhytms
  • #780,450
  • Mar 31, 2013 11:06pm Mar 31, 2013 11:06pm
Quoting COopa
i would long for long term trade for example Long @1.2770 TP @1.3020 SL 1.2650. and expect a double bottom pattern on daily chart. But it is too early to put that position at the moment since we haven't see any signal bar on daily chart
i promise you.. when there is a double bottom, u will c it.
those who can, do. those who cant, talk about those who can
  • #780,451
  • Mar 31, 2013 11:13pm Mar 31, 2013 11:13pm
Quoting Pip Anon
You should be confident in your trading. And it doesn't take much to see the clear downtrends in EURUSD. I know some like to trade partials and reversos, but there is no sense in trading against the trend. No need to swim up stream. You're not a salmon. {image}
its all depend on the strategy. 1m show uptrend at the moment. 5m forming a uptrend. 15m confirmed uptrend. 1H show downtrend. someone could long and short EU at the moment with different views. for 1m -15m may go long with 20-30 pips profit target. but it is gambling if you expect 100 pips or more profit target.
Everything in the world has its own rhytms
  • #780,452
  • Mar 31, 2013 11:18pm Mar 31, 2013 11:18pm
Quoting COopa
its all depend on the strategy. 1m show uptrend at the moment. 5m forming a uptrend. 15m confirmed uptrend. 1H show downtrend. someone could long and short EU at the moment with different views. for 1m -15m may go long with 20-30 pips profit target. but it is gambling if you expect 100 pips or more profit target.
I understand that. However, those are all short-term trading TFs. You can't attack someone else knowing that they use daily/monthly charts. Gator may hold a trade longer than you, but that doesn't mean his analysis is wrong. He may be looking for that 100 pips.
When the facts change I change my mind, what do you do sir
  • #780,453
  • Mar 31, 2013 11:22pm Mar 31, 2013 11:22pm
Quoting Pip Anon
I understand that. However, those are all short-term trading TFs. You can't attack someone else knowing that they use daily/monthly charts. Gator may hold a trade longer than you, but that doesn't mean his analysis is wrong. He may be looking for that 100 pips.
yupe, thats why many people usually new member complain, they loose money when they following traders in here. Most of traders in here trade intraday and they might change their position after they see a reverso. so it is difficult to follow them
Everything in the world has its own rhytms
  • #780,454
  • Mar 31, 2013 11:24pm Mar 31, 2013 11:24pm
Quoting COopa
its all depend on the strategy. 1m show uptrend at the moment. 5m forming a uptrend. 15m confirmed uptrend. 1H show downtrend. someone could long and short EU at the moment with different views. for 1m -15m may go long with 20-30 pips profit target. but it is gambling if you expect 100 pips or more profit target.
its all gambling. there is no certain outcome. pa pointed to 2872 Friday... it also pointed to 2756... both can happen.. but for this to happen in a valid way, 2756 will get touched first w/o a LL. then 2872. we have a even smaller for 2799 atm
those who can, do. those who cant, talk about those who can
  • #780,455
  • Mar 31, 2013 11:31pm Mar 31, 2013 11:31pm
hello mr anon, mr gato, coopa^^
no entry for eu..try scalp on ucad and GU now
  • #780,456
  • Mar 31, 2013 11:40pm Mar 31, 2013 11:40pm
Quoting gatorinla
its all gambling. there is no certain outcome. pa pointed to 2872 Friday... it also pointed to 2756... both can happen.. but for this to happen in a valid way, 2756 will get touched first w/o a LL. then 2872. we have a even smaller for 2799 atm
for me, trading is not gambling. I trade always with reason or at least a reason, and i ignore feeling.
Everything in the world has its own rhytms
  • #780,457
  • Mar 31, 2013 11:45pm Mar 31, 2013 11:45pm
GM ALL.

these levels have double minded orders. i think

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  • #780,458
  • Mar 31, 2013 11:55pm Mar 31, 2013 11:55pm
Quoting COopa
for me, trading is not gambling. I trade always with reason or at least a reason, and i ignore feeling.
so do professional gamblers. trading hits the definition of gambling. the risk of money without a certain outcome. is gambling and so is trading
those who can, do. those who cant, talk about those who can
  • #780,459
  • Mar 31, 2013 11:59pm Mar 31, 2013 11:59pm
took a short here SL 1.2808 TP probably unlikely
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  • #780,460
  • Apr 1, 2013 12:02am Apr 1, 2013 12:02am
& so production
& so commerce

the only difference is;
- time
- risk
- reward

PS : I am talking trading not Vegas
Quoting gatorinla
so do professional gamblers. trading hits the definition of gambling. the risk of money without a certain outcome. is gambling and so is trading
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