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EURUSD

  • #786,461
  • Apr 11, 2013 8:22am Apr 11, 2013 8:22am
Quoting attila
thanks. the expiry is at 10 eastern, right?
yes 39 minutes from now if that is the same thing
  • #786,462
  • Apr 11, 2013 8:26am Apr 11, 2013 8:26am
Quoting QuikFlipp
I hate the fact that everytime i think i know something, eu quickly reminds me of how clueless i am LOL
Main lesson today is get your stops in, or watch your profit unwind when this pair decides is a good idea to completely unwind a rally. Daft PA
  • #786,463
  • Apr 11, 2013 8:29am Apr 11, 2013 8:29am
Quoting mohan76
this is what he doing open demo account , 1 open one long and short , 2 once one of them turn to profit book it and wait for other one turn into profit 3. while waiting repeat step 1 Please don't try it on live account.
Brother Mohan you still havent caught on to what I am doing. Either you dont read my posts and go off half cocked or the light in your head hasnt come on yet.

I do not randomly open and long AND short. If the indos say buy then I go long and if they say sell I short. Last nights dismal PA triggered a long and short in close proximity. As you have read I profited from the long and the short is getting closer into the money. All without using a SL and providing steady account growth as I have also shown in pics from my broker.

There are some who do try to open an opposing position but that doesnt make sense.

Also my MM software has different position sizes for each bias. Since Euro's trend is down it is weighted more to the short side.

As I have asked you before please do not put words in my mouth or trades. This is my 2nd request there will not be a third. So if you see an unkind response to you will know why.

I will kindly ask you again, if you do not understand what I am doing please dont comment, it makes you look less than intelligent when you speculate. Speculation should be left to your trading account and not mine.

If you or anyone has any questions please ask as I welcome them or PM me with an email address and I will send you my MM Pyramid PDF. It is a good overview of what I do. I spent time preparing it NOT TO SELL something but as a public service to provide knowledge.


Do you read me solider?
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Trade smaller than rational because the market is irrational...
  • #786,464
  • Apr 11, 2013 8:29am Apr 11, 2013 8:29am
usd gonna gain strength
usdjpy will continue to rise
eurjpy route will be south
both eu area and japan are buying assets in order to expand printing money (not like fed)
why is yen weak against eu then?
  • #786,465
  • Apr 11, 2013 8:29am Apr 11, 2013 8:29am
Quoting MaxDoom
yes 39 minutes from now if that is the same thing
yep
  • #786,466
  • Apr 11, 2013 8:31am Apr 11, 2013 8:31am
This is what I see, important level
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Trading is simple , Humans are complicated
  • #786,467
  • Apr 11, 2013 8:34am Apr 11, 2013 8:34am
Quoting szpowerx
I mean there are good support around 1.3108, why do you short at there? Instead of shorting around 1.3139, with bunch of supply.
strong resistance is actually at 3160, so had to wait to make sure it didn't reach that level before turning back down, hence didn't short at 3139 but waited until 3107... maybe some people have support at 3108 but I didn't see that level as support hehe
back... and more dangerous.
  • #786,468
  • Apr 11, 2013 8:35am Apr 11, 2013 8:35am
Quoting szpowerx
Once 1.3085, the bounce up, looking to sell more.
3085 met, after the bounce up, looking to sell more.
Outcome is not important at all, but correct technique is what only matters
  • #786,469
  • Apr 11, 2013 8:36am Apr 11, 2013 8:36am
Quoting bonaqua
usd gonna gain strength usdjpy will continue to rise eurjpy route will be south both eu area and japan are buying assets in order to expand printing money (not like fed) why is yen weak against eu then?
(NEW PARADIGM !)

also correction of dow jones and us rates gonna help rising usd
  • #786,470
  • Apr 11, 2013 8:37am Apr 11, 2013 8:37am
After long time there is profit for me, went short @1,31156, closed position @1,30890, maybe I had to wait a little bit, but I am happy, now I will be looking for higher shorts about 1,314-1,317, possibly even @1,32.
  • #786,471
  • Apr 11, 2013 8:37am Apr 11, 2013 8:37am
L 3086 my left balls
  • #786,472
  • Apr 11, 2013 8:38am Apr 11, 2013 8:38am
#3 3001
#4 2996
#5 2975
#6 2950
#7 2928
#8 2892
#9 2880
#10 ?
void with hh
looking for bull tracks,, to know s/l. to target 3038
those who can, do. those who cant, talk about those who can
  • #786,473
  • Apr 11, 2013 8:38am Apr 11, 2013 8:38am
Quoting kbp
strong resistance is actually at 3160, so had to wait to make sure it didn't reach that level before turning back down, hence didn't short at 3139 but waited until 3107... maybe some people have support at 3108 but I didn't see that level as support hehe
Any way, good luck.

See the circle, showing the 3107, with pin bar, this is 10 minutes.
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Outcome is not important at all, but correct technique is what only matters
  • #786,474
  • Apr 11, 2013 8:40am Apr 11, 2013 8:40am
Quoting szpowerx
3085 met, after the bounce up, looking to sell more.

There are some buying 3086, looking for the following through.
Outcome is not important at all, but correct technique is what only matters
  • #786,475
  • Apr 11, 2013 8:42am Apr 11, 2013 8:42am
Quoting gatorinla
#3 3001 #4 2996 #5 2975 #6 2950 #7 2928 #8 2892 #9 2880 #10 ? void with hh;; looking for bull tracks,, to know s/l. to target 3038
3128 with 3110 as the mid... looking to short the bounce with 3128+ as a sl, unless pa changes
those who can, do. those who cant, talk about those who can
  • #786,476
  • Apr 11, 2013 8:49am Apr 11, 2013 8:49am
Long @1.3002

No short added here....
Trade smaller than rational because the market is irrational...
  • #786,477
  • Apr 11, 2013 8:50am Apr 11, 2013 8:50am
Quoting szpowerx
There are some buying 3086, looking for the following through.
Some selling above 1.3100. Looking for the PK result.
Outcome is not important at all, but correct technique is what only matters
  • #786,478
  • Apr 11, 2013 8:58am Apr 11, 2013 8:58am
i could have longed at 3090 and would have lost 3 pips. the same is true with a short at 3128 now.. because older pa wants 3150.. when 3089 was hit that's the newer one i usually go with 3038... at/near 3128 is the better place for me.. its rare not to hit the mid at 3110.. but 3128 is best.. at 3129+ (3128.9) will probably want 3150..
those who can, do. those who cant, talk about those who can
  • #786,479
  • Apr 11, 2013 8:59am Apr 11, 2013 8:59am
Quoting szpowerx
Some selling above 1.3100. Looking for the PK result.
No more buying following, sell more with tight SL.
Outcome is not important at all, but correct technique is what only matters
  • #786,480
  • Apr 11, 2013 8:59am Apr 11, 2013 8:59am
stop being selfish guys and share.
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