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  • #786,101
  • Apr 10, 2013 10:39pm Apr 10, 2013 10:39pm
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
I am not sure what you mean about changing my mind

I do not beleive much media or govt speeches etc, I have good relationships with many govt depts, and they are under extreme pressure to cut costs, we are presently public floating one of our largest power generators MightyPower (selling silverware), pm is in China right now trying to drum up more business, the Christchurch situation has produced a false economic boom, with insurence payouts, all of this on the surface economy looks great, but underneath its not so good
Tech wise as per chart posted earlier, has been a nice bull rally, however we are showing signs of over extension near historical resistance, to suggest buy @ resistance is no good idea, yes she can keep climbing, that is always the risk, if you want to buy I would sit on your hands, buying possible tops or @ resistance is not worth the risk, ideally waiting for confirmation of bull weakness is better option
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If you are new to Forex? Say Goodbye to your account!!
  • #786,102
  • Apr 10, 2013 10:42pm Apr 10, 2013 10:42pm
Quoting KiwiTrada
I am not sure what you mean about changing my mind I do not beleive much media or govt speeches etc, I have good relationships with many govt depts, and they are under extreme pressure to cut costs, we are presently public floating one of our largest power generators MightyPower (selling silverware), pm is in China right now trying to drum up more business, the Christchurch situation has produced a false economic boom, with insurence payouts, all of this on the surface economy looks great, but underneath its not so good Tech wise as per chart posted...

Yes it is risky but if you want to short it i would prefer shorting it against the euro not against usd. today's reaction after the high was reached is a bit strange though. It almost gives up everything it gains after finance minister's statement on rising housing prices
  • #786,103
  • Apr 10, 2013 10:45pm Apr 10, 2013 10:45pm
Quoting forex4india1
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
Well read it and weep from my broker account transaction history I pulled just for you.

Beginning balance $69.15

Ending Balance today $22,903

Since you dont give a sh*t about how I am accumulating wealth then the cold hard numbers dont matter either.

The only sh*t is between your ears brother. And it shows how much you know about professional trading when you say a long and short is the same as no position. HEY ITS NOT A HEDGE GET IT

NOW LETS SEE YOUR PROFITS FOR THE PAST 18 MONTHS
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Trade smaller than rational because the market is irrational...
  • #786,104
  • Apr 10, 2013 10:55pm Apr 10, 2013 10:55pm
Hey forex4india1 STILL WAITING TO SEE YOUR PROFITS FOR THE LAST 18 MONTHS. Since you said all you care about is profits....

1. So please match me and you will earn my respect (and everyone elses),
2. agree there are ways to trade you havent comprehended because you are an amateur or 3. best yet shut up when the adults post because you are not in the same league.
Trade smaller than rational because the market is irrational...
  • #786,105
  • Apr 10, 2013 10:55pm Apr 10, 2013 10:55pm
JD, why you care so much, it's their money do as they wish either win or lose it all then throwing tantrums to member closer they can choose to pick a fight. They ask nicely then you explain, otherwise, forget it. This place is always like this and will never change.
  • #786,106
  • Apr 10, 2013 11:02pm Apr 10, 2013 11:02pm
Quoting EuroTraderJD
Well read it and weep from my broker account transaction history I pulled just for you. Beginning balance $69.15 Ending Balance today $22,903 Since you dont give a sh*t about how I am accumulating wealth then the cold hard numbers dont matter either. The only sh*t is between your ears brother. And it shows how much you know about professional trading when you say a long and short is the same as no position. HEY ITS NOT A HEDGE GET IT NOW LETS SEE YOUR PROFITS FOR THE PAST 18 MONTHS {image} {image}
I would hardly call 22k any kind of wealth accumulation. I dropped 50k last year in strip clubs...Professional or not, nobody in their right mind is going to invest any kind of scratch with a money manager using an inverse pyramid for hedges.
  • #786,107
  • Apr 10, 2013 11:06pm Apr 10, 2013 11:06pm
somebody see short scalp possibilities at E/U or U/J, or just me?
I want to buy PATIENCE
  • #786,108
  • Apr 10, 2013 11:07pm Apr 10, 2013 11:07pm
Quoting capitulation
I would hardly call 22k any kind of wealth accumulation. I dropped 50k last year in strip clubs...Professional or not, nobody in their right mind is going to invest any kind of scratch with a money manager using an inverse pyramid for hedges.
Where you get the idea he is a money manager and managing others account?
  • #786,109
  • Apr 10, 2013 11:07pm Apr 10, 2013 11:07pm
Quoting Ken A
JD, why you care so much, it's their money do as they wish either win or lose it all then throwing tantrums to member closer they can choose to pick a fight. They ask nicely then you explain, otherwise, forget it. This place is always like this and will never change.
Ken you are one of the pros here and I deeply respect you.

I do care because I take my track record seriously. If I let every moron's challenge go unanswered then what would an outsider think? They would think I was full of it and it doesnt pay to take the high road when the one calling your word into question takes the low road. That leads to getting shot in the a*s from underneath.

As I have said before I dont start fights and I dont run from them either. I operate on a simple life action, you get what you give. In fact its more mafia style...you hit one of ours we put one of yours in the hospital. You put one of ours in the hospital we put one of yours in the morgue. Figurative speaking of course. Because this forum is this way sometimes you have to respond this way.

If Mr forexIndia1 would have been respectable and asked politely I would have bent over backwards to explain what I do. I have done this on the other EUR forums and have made many friends there. As I have told them I will freely give everything I have learned which costs me tens of thousands in lessons.

We dont have to agree on anything except mutual respect and he had none. For you Ken you earned my respect a long time ago.
Trade smaller than rational because the market is irrational...
  • #786,110
  • Apr 10, 2013 11:10pm Apr 10, 2013 11:10pm
Quoting EuroTraderJD
Ken you are one of the pros here and I deeply respect you. I do care because I take my track record seriously. If I let every moron's challenge go unanswered then what would an outsider think? They would think I was full of it and it doesnt pay to take the high road when the one calling your word into question takes the low road. That leads to getting shot in the a*s from underneath. As I have said before I dont start fights and I dont run from them either. I operate on a simple life action, you get what you give....
Alright, put something like this under your username "I do not manage people's account". This place is creeping with scammers, can't entirely blame them.
  • #786,111
  • Apr 10, 2013 11:13pm Apr 10, 2013 11:13pm
Quoting capitulation
I would hardly call 22k any kind of wealth accumulation. I dropped 50k last year in strip clubs...Professional or not, nobody in their right mind is going to invest any kind of scratch with a money manager using an inverse pyramid for hedges.
Really look at what I started with.

I am not asking for anyones money to invest DID YOU READ THAT SOMEWHERE IN A POST I MADE??? Please provide the link or join forexindia and shut up if you can provide facts.

Maybe you had one too many lap dances if 1 you think I said that or 2 you actually wasted that kind of money in a strip bar.

The offer goes for you too pal post your record or go home. I did so what is your excuse? Maybe your track record is at the bar..
Trade smaller than rational because the market is irrational...
  • #786,112
  • Apr 10, 2013 11:15pm Apr 10, 2013 11:15pm
Quoting Ken A
Alright, put something like this under your username "I do not manage people's account". This place is creeping with scammers, can't entirely blame them.
Why would I do that Ken? I didnt draw first blood here and the only explanation I have to give is my record which I gave in black and white.

Everyone is avoiding the issue what I do works for me and I showed the accounting. Enough said spoken with facts.

Again Ken submitted with all due respect to you. I dont have a beef with you at all.
Trade smaller than rational because the market is irrational...
  • #786,113
  • Apr 10, 2013 11:19pm Apr 10, 2013 11:19pm
Quoting capitulation
I would hardly call 22k any kind of wealth accumulation. I dropped 50k last year in strip clubs...Professional or not, nobody in their right mind is going to invest any kind of scratch with a money manager using an inverse pyramid for hedges.
You dont read too well. Are you posting from the strip club.. Is there smoke in your eyes or something else?

I SAID ITS NOT A HEDGE. Please open your mouth again and confirm what I already know and what others are thinking.

Are we done yet?
Trade smaller than rational because the market is irrational...
  • #786,114
  • Apr 10, 2013 11:20pm Apr 10, 2013 11:20pm
Quoting EuroTraderJD
Why would I do that Ken? I didnt draw first blood here and the only explanation I have to give is my record which I gave in black and white. Everyone is avoiding the issue what I do works for me and I showed the accounting. Enough said spoken with facts. Again Ken submitted with all due respect to you. I dont have a beef with you at all.
Alright JD, just a suggestion to avoid assumption that lead to this from members who don't know you.
  • #786,115
  • Apr 10, 2013 11:24pm Apr 10, 2013 11:24pm
Quoting Ken A
Alright JD, just a suggestion to avoid assumption that lead to this from members who don't know you.
Thank you Ken I see your point as it is valid.

I apologize if I offended you and appreciate you trying to calm the waters. You are a man of character.
Trade smaller than rational because the market is irrational...
  • #786,116
  • Apr 10, 2013 11:41pm Apr 10, 2013 11:41pm
Brothers its way past my bedtime so I am going to sleep although I am logged in.

See you all at the FX battlefront in the morning
Trade smaller than rational because the market is irrational...
  • #786,117
  • Apr 10, 2013 11:46pm Apr 10, 2013 11:46pm
Quoting EuroTraderJD
You dont read too well. Are you posting from the strip club.. Is there smoke in your eyes or something else? I SAID ITS NOT A HEDGE. Please open your mouth again and confirm what I already know and what others are thinking. Are we done yet?
Congratulations on making a few bucks. Its a matter of perspective, personally I am not impressed by a profit of 22k regardless what you started with. My trade explorer is public, but I also don't feel a need to flash my bank account for your approval.

Your lack of humility waving your Forex Epeen is childish at best and your ego is out of control. So yeah we are done.
  • #786,118
  • Apr 10, 2013 11:50pm Apr 10, 2013 11:50pm
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...
thx for the tip there. last time I trade aud/usd was on february, I think, took a long from higher TFs, while going long as well on ucad. was a small one, nothing to mention. I am an eu addict and currently studying more on the yen. thx for the fundies there. there is an APEC meeting for ministers responsible for trades in my city this april. does not involve euro, but I am quite interested with what it will do to the yen. or that might just be negligible. haven't seen anyone talking abt that here..

currently, 3019 and 3086 is what I got. it should bounce or break either. with 3050 to decide where. m15 there for turning points.

edit: oh yeah, swissy have been a good one for eu.. I hope it does start a bull run here
  • #786,119
  • Apr 10, 2013 11:55pm Apr 10, 2013 11:55pm
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 ......
Sorry for coming into this conversation so late and I apologise for not reading your earlier posts re your long/short position trading style.
I am just seeking some clarification on how you trade.
My take is:
If you take a long and a short at the same time, you are losing at the same rate as you are gaining - plus your pip spread. This is a low risk action as long as you do not have a stop loss!
At some point you need to close one of the trades and run the other.
This is the point you need the open trade to continue in its current direction and once you have cleared your pip spread you are in profit.
Is that about it.
Cheers, Harry
  • #786,120
  • Apr 10, 2013 11:56pm Apr 10, 2013 11:56pm
good morning all,

im stil long 1,31016 and 1,30849
and yesterday added 1,30581 also long
tp 1,31120

come on, my night was crazy
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