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  • #797,961
  • May 15, 2013 3:49am May 15, 2013 3:49am
Quoting KiwiTrada
Poor old bulls when will the spanking end {image} {image}
i was expecting your post on this morning i guess you will have another bear run on kiwi tomorrow , bear should face natural dead in 2 weeks i will wait
Mohan
  • #797,962
  • May 15, 2013 3:49am May 15, 2013 3:49am
Quoting Mr Hatch
{quote} 2758.7
Without any retracement???
  • #797,963
  • May 15, 2013 3:52am May 15, 2013 3:52am
got my 20 pips. i'm out...
  • #797,964
  • May 15, 2013 3:52am May 15, 2013 3:52am
Quoting tomspin
{quote} because the risk is limited to a maximum and you do not care about a noise in no mans land during swing. you can enter now with just 5 pips sl and have a potential target at 2950 in theory - this is real RRR
okay, you just got stopped, in theory..

no serious, risk is always limited, unless you trade without a stop..

my point was, why not wait for the confirmed bottom instead of a blind entry..
Patience is a virtue...
  • #797,965
  • May 15, 2013 3:54am May 15, 2013 3:54am
Bears are stronger than i imagined.

Okay waiting for a great long setup now
COT: The precious data ignored
  • #797,966
  • May 15, 2013 3:56am May 15, 2013 3:56am
Quoting hadox
{quote} okay, you just got stopped.. no serious, risk is always limited, unless you trade without a stop.. my point was, why not wait for the confirmed bottom instead of a blind entry..
we could argue about it whole day no point, I was not stoped, I just gave example and current move just show bear strenght. All I am trying to say is that is better to risk 5/10 pips for a 100 pips than entering in the middle of the leg with even 20 pips stop cause 9 out of ten times you will be wipe out by the noise. There are examples in this thread every day.
Nothing is blind in my trading - I might be wrong many times but I always have a reason.
swing it!
  • #797,967
  • May 15, 2013 3:59am May 15, 2013 3:59am
Quoting vankola
Entered long here. Needs retrace to 1.2930/40 IMO.
Just got raped! Ok so my stop has been hit, it can turn now
  • #797,968
  • May 15, 2013 4:00am May 15, 2013 4:00am
Quoting hadox
http://www.youtube.com/watch?v=boj75h3urLU looking for 1.285x
clearing the remaining, smooth ride down since yesterday..

not much to do atm, going to wait for the daily to develop some new setups..
Patience is a virtue...
  • #797,969
  • May 15, 2013 4:03am May 15, 2013 4:03am
I just remember all the bullshitters in the beginning of the month reasoning, why "Sell in May..." absolutely cannot happen in 2013.
And of all those dumb asses that saw buy-zones everywhere, nothing is heard since... they are surely very busy in real-life... grass grows slow.
  • #797,970
  • May 15, 2013 4:04am May 15, 2013 4:04am
Quoting tomspin
{quote} we could argue about it whole day no point, I was not stoped, I just gave example and current move just show bear strenght. All I am trying to say is that is better to risk 5/10 pips for a 100 pips than entering in the middle of the leg with even 20 pips stop cause 9 out of ten times you will be wipe out by the noise. There are examples in this thread every day. Nothing is blind in my trading - I might be wrong many times but I always have a reason.
don't get me wrong, i'm not here to argue, and i know you didn't get stopped.. and yes ofc its better to risk 5/10 for 100, and if it works for you, keep doing what you do..


i didn't say you traded blind,i just answered his question..
Patience is a virtue...
  • #797,971
  • May 15, 2013 4:05am May 15, 2013 4:05am
Long 1.28524
Stop going for the easy buck
  • #797,972
  • May 15, 2013 4:05am May 15, 2013 4:05am
Quoting kuroro001
Bears are stronger than i imagined. Okay waiting for a great long setup now
These moves are already priced in from way back I called 13230 to 12381 on the 24th April. This is the reaction to what big bears did long time ago.
Founder of Sutherland Wave Principle
  • #797,973
  • May 15, 2013 4:06am May 15, 2013 4:06am
Quoting hadox
{quote} don't get me wrong, i'm not here to argue, and i know you didn't get stopped.. and yes ofc its better to risk 5/10 for 100, and if it works for you, keep doing what you do.. i didn't say you traded blind,i just answered his question..

Sorry, I didn't intend on causing an argument between you two.
  • #797,974
  • May 15, 2013 4:08am May 15, 2013 4:08am
first target of 285 was hit for a 78 pip profit this morning

Waiting for the bounce here, then looking for the H&S completion around 2800
  • #797,975
  • May 15, 2013 4:09am May 15, 2013 4:09am
With the bad stuff in Euro, and Japan thingy.. I wonder how the chart will look like once the U.S. session starts and they start bringing their money back to the U.S. for safety. Well.. I don't know what I am talking about.. lol
Luck has no place in trading. Leave that for the poker table.
  • #797,976
  • May 15, 2013 4:10am May 15, 2013 4:10am
Quoting mohan76
{quote} i was expecting your post on this morning i guess you will have another bear run on kiwi tomorrow , bear should face natural dead in 2 weeks i will wait
nope, might be before months end, Budget seems pretty flat at the moment, really about reading between the lines, they have started selling the family silver, power companies etc, will look good on the books for next election, but we all know reasons why what and when have to sell family jewels,

Just checked her monthly, wont post is too depressing for bulls, but her May train is even bigger, but have a check, and go left and see the size of the monster candle when last time pa hit this May open level, hint ( about 1000 pip candle bear candle
So tomorrow, release will be flat, but market is not that stupid, and we will be spanked some more
If you are new to Forex? Say Goodbye to your account!!
  • #797,977
  • May 15, 2013 4:16am May 15, 2013 4:16am
We are below 5th of April low, and above 4th of April open.

Retrace could come soon, and the same scenario (inverted) may happen when we were above 28th of February high and below 25th of February open.

Time will tell
COT: The precious data ignored
  • #797,978
  • May 15, 2013 4:19am May 15, 2013 4:19am
Quoting kuroro001
We are below 5th of April low, and above 4th of April open. Retrace could come soon, and the same scenario (inverted) may happen when we were above 28th of February high and below 25th of February open. Time will tell
Why the heck can't you just give numbers...
  • #797,979
  • May 15, 2013 4:21am May 15, 2013 4:21am
morning. just put in a L, tight stop. sorry, can't help it.
  • #797,980
  • May 15, 2013 4:22am May 15, 2013 4:22am
Quoting Mr Hatch
{quote} Why the heck can't you just give numbers...
exactly what I was thinking
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