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  • #782,421
  • Apr 4, 2013 4:25am Apr 4, 2013 4:25am
Quoting math_GB
I can't believe I closed my EJ longs for 20 pips from yesterday
Morning lads.
Better safe than sorry but when I woke up this morning I wished I hadn't either.
Currently scalping a long from 85 on eu and 05 on ej.
Closed morning shorts too early but the pa was very aggressive.
So far so good.
  • #782,422
  • Apr 4, 2013 4:26am Apr 4, 2013 4:26am
Quoting Pip Anon
Yes, Im looking for 1.275. Even with Draghi later. I think whatever he will say will disappoint. I feel a avalanche coming. Looking to short cable, still in Aussie
Euro will rally up on Draghi. Market is wrong, short positioned, there wont be any rate cut.
"You're solid gold, see you in hell"
  • #782,423
  • Apr 4, 2013 4:27am Apr 4, 2013 4:27am
Quoting Ken A
Why laugh at me
no...
  • #782,424
  • Apr 4, 2013 4:31am Apr 4, 2013 4:31am
Very quiet, market is closed?
  • #782,425
  • Apr 4, 2013 4:32am Apr 4, 2013 4:32am
Quoting math_GB
I have been thinking about it but too time consuming mate, plus I have no interest to sell any trading signals or any other commercial interest Why would I bother then...?
Well...I always had a trading log with some notes, but for the past 2 weeks I have a more detailed journal where I note down my personal "pivot zone" (aka go long if above, short if below...sit on hands within the zone) and potential long/short profit levels. I do this every night before going to bed...and my results have improved a ton since. Obviously a small sample size.

It also makes trading less stressful because I just use this evening journal/analysis to trade almost stress free the next day.

But yeah, it's a good hours work a day...but if I get a few more 500pip (well, 469pips, I pissed away 31pips 'cause I forgot to close a EURAUD trade) days like last night I'll consider it worth it
  • #782,426
  • Apr 4, 2013 4:32am Apr 4, 2013 4:32am
Quoting Ken A
I saw the "big guys" then I am not qualified to answer. Just to let you know.
Hehehe, still interested in your opinion though
  • #782,427
  • Apr 4, 2013 4:33am Apr 4, 2013 4:33am
Quoting 4exNinja
Hehehe, still interested in your opinion though
My account statement is my journal
  • #782,428
  • Apr 4, 2013 4:35am Apr 4, 2013 4:35am
geppy is compressing 15min chart
If you are new to Forex? Say Goodbye to your account!!
  • #782,429
  • Apr 4, 2013 4:36am Apr 4, 2013 4:36am
Quoting Ken A
Question: Can we trust a trader? I saw someone said not trading Yen just watching then out of no where he is making 1,000 pips
I am not trading ej, maan...
I've already said that... not ej... haven't in a while.
  • #782,430
  • Apr 4, 2013 4:36am Apr 4, 2013 4:36am
Quoting gatorinla
did drag-ass tell you this?
who know my Friend .. mybe he told me
  • #782,431
  • Apr 4, 2013 4:37am Apr 4, 2013 4:37am
covering all gbp pairs what left of them..
  • #782,432
  • Apr 4, 2013 4:37am Apr 4, 2013 4:37am
Quoting ec_creep
I am not trading ej, maan... I've already said that... not ej... haven't in a while.
You feel that?
  • #782,433
  • Apr 4, 2013 4:37am Apr 4, 2013 4:37am
Quoting ThirdMan
I don't know why I hate your kind of people..would you tell me why?
thanks for your nice comments.. any way i don't hate any one in earth
  • #782,434
  • Apr 4, 2013 4:37am Apr 4, 2013 4:37am
Quoting Derextreme
Thanks man Dr Doom. It looks damn clear now with that chart up. So now is to determine the end of wB right before the continuation on wC? Edited: Is there any rough idea of the cap of wB base on fib?
I like to tackle things in stages, so my first inclination is to trade that M5 chart I just showed you because:

1) even if we get an AB on a higher TF say M15 then it is most likely that the ABC where ever it ends on the M5 becomes the wA on the larger tf ABC.
2) that M5 ABC is real and we can see it now, and although we like to predict we really do not know for sure what is going to happen it could just fly off to a new high and then we can say yep knew it that ABC on M5 was it, or it could kick up then down and we can say yep, knew that ABC on M5 was just wA on M15 you get the gist.


as for using fibs to predict the turns that is an art form with many variations. In a normal move (ie: retrace of a standard move not a 400 pip fundi driven move) I would look for the wA to be 10-38% wB to retrace to 23-10% and wC to be 38-62% but there are many variations of this and what happens at one point influences the next in the story, that is why the targeting lines on my charts which come from my own software are not always at the same levels.


edit: I am now flat on EJ and EU
  • #782,435
  • Apr 4, 2013 4:40am Apr 4, 2013 4:40am
Quoting SnaveForex
he polished draghi's shoes this morning and gave him a tip
i don't know how to thank you for your respect ..
  • #782,436
  • Apr 4, 2013 4:42am Apr 4, 2013 4:42am
Quoting Pip Anon
Who that guy in the vid? I never seen him prior to the video; however, he right in a sense. It was nice to seen honesty in how traders actually work oppose to commercial analysts always painting a rosey picture regardless of whether the garden looks like shite or not.
Apologies for the late response but I forgot I posted in here the other night.

Yes, the guy is a self-admitted attention seeker. We can all have thoughts like him. Whether we make money from those thoughts is another thing.

"After four years trading net assets are £10,048 - in the red."

"Mr Rastani works and lives with his partner Anita Eader in a £200,000 semi in Bexleyheath, south London. The house, complete with a mortgage from Royal Bank of Scotland, belongs to her not him."

I've put the link to the full article if you want to read any more about him.

http://www.telegraph.co.uk/finance/e...-a-trader.html
Nothing worth having is easy.
  • #782,437
  • Apr 4, 2013 4:42am Apr 4, 2013 4:42am
Quoting Ken A
Very quiet, market is closed?
Many accounts were blown out, it takes time to top those

@MaxDoom

I can't find the poem you once posted, re-post when convenient...?
  • #782,438
  • Apr 4, 2013 4:42am Apr 4, 2013 4:42am
morning.. why are the cripple and e/j going the other way? Somebody talked, right?
  • #782,439
  • Apr 4, 2013 4:43am Apr 4, 2013 4:43am
Quoting Qatari man
thanks for your nice comments.. any way i don't hate any one in earth
it means u hate me? coz I am martian?
  • #782,440
  • Apr 4, 2013 4:45am Apr 4, 2013 4:45am
Quoting Ken A
You feel that?
I always feel you, bud..
my uj's are meaningless anyway, relative to my capital, tiny ones, negligible...
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