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  • #786,081
  • Apr 10, 2013 8:20pm Apr 10, 2013 8:20pm
Quoting mohan76
good morning LeeNoa, i am waiting for aussie data to take my trade, next time just call mohan , tag "mr" create distance
okay mohan...im still dont trade aussie...i found grey area again,,,,enter eu set tp @3040, sl manual
  • #786,082
  • Apr 10, 2013 8:30pm Apr 10, 2013 8:30pm
Quoting gatorinla
5 is 3040 6 3006 7 2999 8 2988 9 2976 10 3050 gaps bigger after 11 2917 12 2898 13 2878
14 2875
15 2824
16 2773
17 2763
18 2758
19 2749
20 2728
21 2710

valid as long as 3121 is the high.. no bull waves yet..
close #s indicate future consolidation areas
those who can, do. those who cant, talk about those who can
  • #786,083
  • Apr 10, 2013 8:32pm Apr 10, 2013 8:32pm
Quoting KiwiTrada
mm I tried to short her and got stopped, she really behaving like a teflon tiger, but what goes up have to come down, law of gravity higher timeframes dailly weekly monthly she is in her upper zone, bro sell high buy low both her and...
thx for that, bro..
I don't know whether I'll indeed go for an entry on either nzd or aud. earlier this week was thinking to long nzd/jpy, lol. on eu, I think we have the same one on the 4 hourly.. i'd like a clearance of 3042 there on that TF. and m15 should take us to 3020ish, but 3087 can make this a bit edgy... shite
  • #786,084
  • Apr 10, 2013 8:48pm Apr 10, 2013 8:48pm
Quoting gatorinla
10 is a typo,, 2950 correct.. 3040 is next.. s/l above 3061... mid at 3054... no bulls w/o 3061.9+
if we do break 3062.. i will probably long and target 3181, 3105 then 3127 if we break high... if we dont break high... those bears are still valid.

today's low would be my sl if i did long
those who can, do. those who cant, talk about those who can
  • #786,085
  • Apr 10, 2013 8:50pm Apr 10, 2013 8:50pm
Quoting LeeNoa
hello mr creep, mr kiwi, mr snave, mr mohan, mr ron, still open positions for gu....long way to go now

Hi LeeNoa... I'm waiting for a short opportunity at 1.5361 GU to recover from my earlier mistakes. For now, I'm shorting EU... Happy trading!
  • #786,086
  • Apr 10, 2013 8:56pm Apr 10, 2013 8:56pm
Price has moved 350 pips in less than a week. Price looking like a retrace more likely than not, especially given movement last 24 hours.
  • #786,087
  • Apr 10, 2013 9:06pm Apr 10, 2013 9:06pm
Quoting ec_creep
thx for that, bro.. I don't know whether I'll indeed go for an entry on either nzd or aud. earlier this week was thinking to long nzd/jpy, lol. on eu, I think we have the same one on the 4 hourly.. i'd like a clearance of 3042 there on that TF. and m15 should take us to 3020ish, but 3087 can make this a bit edgy... shite
yes agred clear 28 will be happier too, am long swissy bro, so if she keep rising eu should keep falling

also agree about, kiwi and aussie, really need lots study before trade them, they are not pairs to jump in smaller timeframes, actually aussie is easiest of all prs to trade, especially when longing with positive makes even better.

one key is forget trying to pick top or bottom, but when your levels are getting near ie for shorting, have to wait for signs of bull weakness, or put up just supports as many timeframes as you want but prefer 1hr and higher, then just wait watch and see if the supports start to break, ie kiwi I think is possible medium short opportunity, so is no need to rush, once broken supports breach and start to build as new resistance, that is where could get nice entry, but all takes time and patience, if get entry then have to micromange to counter swap, mohan dont have this problem with his bull

going shopping, have make nice wee profit off swissy bbb open
If you are new to Forex? Say Goodbye to your account!!
  • #786,088
  • Apr 10, 2013 9:14pm Apr 10, 2013 9:14pm
Long @ 56
Short@ 52

Bailed on the earlier long @ 67 for +1 because the PA was weak so lets try this again.

Will wake up in the pips.
Trade smaller than rational because the market is irrational...
  • #786,089
  • Apr 10, 2013 9:22pm Apr 10, 2013 9:22pm
Quoting RonForest
Hi LeeNoa... I'm waiting for a short opportunity at 1.5361 GU to recover from my earlier mistakes. For now, I'm shorting EU... Happy trading!
im already riding bear for almost 7 hours...slow movement on asia session...Gu test TP @.5290 (for continue entry from before) with SL manual
  • #786,090
  • Edited 9:49pm Apr 10, 2013 9:34pm | Edited 9:49pm
Quoting EuroTraderJD
Long @ 56 Short@ 52 Bailed on the earlier long @ 67 for +1 because the PA was weak so lets try this again. Will wake up in the pips.

allow me translate your post to traders language

Quoting Translation
i took a long @ 56 which is stop out @ 52 waiting for next trade
Mohan
  • #786,091
  • Apr 10, 2013 9:50pm Apr 10, 2013 9:50pm
Quoting mohan76
allow me translate your post to traders language
this is a really useless strategy

Long @ 56
Short@ 52 WTF
  • #786,092
  • Apr 10, 2013 9:53pm Apr 10, 2013 9:53pm
Quoting KiwiTrada
yes agred clear 28 will be happier too, am long swissy bro, so if she keep rising eu should keep falling also agree about, kiwi and aussie, really need lots study before trade them, they are not pairs to jump in smaller timeframes, actually aussie is easiest of all prs to trade, especially when longing with positive makes even better. one key is forget trying to pick top or bottom, but when your levels are getting near ie for shorting, have to wait for signs of bull weakness, or put up just supports as many timeframes as you want but prefer 1hr...
I am glad that you are changing your opinion about the kiwi and aussie. your local currency is very good to go long
  • #786,093
  • Apr 10, 2013 9:54pm Apr 10, 2013 9:54pm
Quoting mohan76
allow me translate your post to traders language
Good attempt Number 67 is missing in the translation.
  • #786,094
  • Apr 10, 2013 9:55pm Apr 10, 2013 9:55pm
Quoting SnaveForex
this is a really useless strategy Long @ 56 Short@ 52 WTF
I think he is trying to get out in both positions in profit since he thinks euro will trade in a narrow range. either ways he is losing on spread if leverage is high
  • #786,095
  • Apr 10, 2013 9:57pm Apr 10, 2013 9:57pm
Quoting forex4india1
I am glad that you are changing your opinion about the kiwi and aussie. your local currency is very good to go long
kiwi can touch 0.8700 with the momentum it has. aussie data from time to time derails it.
  • #786,096
  • Apr 10, 2013 9:58pm Apr 10, 2013 9:58pm
Quoting forex4india1
kiwi can touch 0.8700 with the momentum it has. aussie data from time to time derails it.
eur/nzd is still signalling risk off to me in which case euro may not rally
  • #786,097
  • Apr 10, 2013 10:04pm Apr 10, 2013 10:04pm
Quoting mohan76
allow me translate your post to traders language
Sorry brother you didnt translate too well. NO stop out because I dont use SL.

That is right I have a short and a long going at the same time. In fact I have several of these.

The trades are as I posted them. With all due respect please do not put words or trades in my mouth.

Thank you
Trade smaller than rational because the market is irrational...
  • #786,098
  • Apr 10, 2013 10:05pm Apr 10, 2013 10:05pm
hi guys, not many people in this forum currently.

this is my today's view and trading plan today for EU.

since yesterday the price fail to reach 1.3035, the downside momentum is currently limited to any price above 1.3035 during asian session. When the london session start the price might be look a little bullish with the limit of yesterday's high which is around 1.3120s, i think EU has to struggle to reach 1.3100 and unlikely to touch 1.3120 (my opinion only). However during US session, even we've got unemployment claim news release, I don't think it will make a huge sudden movement.

Anyway, today my strategies is still to short euro again at any resistant level especially 1.3095, 1.3120, 1.3160 with a tight SL and reversal signal bar/pattern. Why? because, i think euro bullish movement is still limited to 1.3165 and they need fundamental fuel to reach higher price. On the other hand, I believe Euro might go further down back to 1.2800 area or at least ~1.2920. With a given risk to reward ratio, i'll go for short position only during this trading day.

Good luck. and this is my opinion only!!!!
Everything in the world has its own rhytms
  • #786,099
  • Apr 10, 2013 10:23pm Apr 10, 2013 10:23pm
Quoting forex4india1
I think he is trying to get out in both positions in profit since he thinks euro will trade in a narrow range. either ways he is losing on spread if leverage is high
No matter how many times I explained it and even offered my MM pyramid PDF (which many have asked for by PM and later told me its a solid plan) there are some who are so narrow in their thinking they cannot comprehend how to trade with dual inverse pyramids. Its how the banksters trade and how I trade. Its how you build wealth. When you amass over 1100+ wins and 9 losses in 18 months with REAL money then PM me and we will talk or better yet challenge me here so I can embarress you in front of everyone.

The MM pyramid is based on math and I wrote a computer program to that assigns my position size. It doesnt matter what indos you use as it is independant of the system. There are 3 pillars of trading FA / TA / MM.

I focused on MM as it is the only certainty in the markets. When you are able to trade professionally then the light bulb will go off in your head and you will get it but I doubt it as there are a LOT of amateurs in this forum. However there are some pros as well.

I will lose nothing since I dont use SL. Use your head. Do you think that the Euro will not go higher than my long or below at some point in time? There is a 100% chance of that if you would think for a minute.

The reason the positions are so close is because of the PA at this time of the night (USA) and my indos triggered a Sell eairler then a long. Again this didnt dawn on you.

So please respond with more jibberish so I can call you out with facts.
Trade smaller than rational because the market is irrational...
  • #786,100
  • Apr 10, 2013 10:34pm Apr 10, 2013 10:34pm
Quoting EuroTraderJD
No matter how many times I explained it and even offered my MM pyramid PDF (which many have asked for by PM and later told me its a solid plan) there are some who are so narrow in their thinking they cannot comprehend how to trade with dual inverse pyramids. Its how the banksters trade and how I trade. Its how you build wealth. When you amass over 1100+ wins and 9 losses in 18 months with REAL money then PM me and we will talk or better yet challenge me here so I can embarress you in front of everyone. The MM pyramid is based on math and I wrote...

show me how much profit you have made using this strategy. I give a shit abt the pyramid. what i know is opening a short and long is as good as no position
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