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  • #806,221
  • Jun 7, 2013 10:28am Jun 7, 2013 10:28am
Quoting bbakker
{quote} I had a quick gander on your trader explorer account which is based on a martingale EA and it is only a matter of time before you blow up this account. You nearly did it once and I am positive it will blow up eventually with a losing streak. The main problem with this strategy is that a seemingly sure-fire trade may blow up your account, before you can turn a profit or even recoup your losses. It seems that you are willing to lose most of your account equity on a single trade as you nearly did but of course you just keep adding to the pot....
Thank you for your warnings, I know all the negative and I'm not doing it blindly, I take your post as reference, let's see if in 12 months I'm still here.
Simplicity is the Ultimate Sophistication.
  • #806,222
  • Jun 7, 2013 10:32am Jun 7, 2013 10:32am
Quoting LarryDarrell
{quote} Thank you.
About time. Let's keep crunching those numbers, and probably move higher with respect to the timeframe. A bit like moving from LEGO-Duplo to the normal stones. Just don't drown in numbers, the fog is going to clear up over time.
  • #806,223
  • Jun 7, 2013 10:37am Jun 7, 2013 10:37am
Quoting Gokunopal
{quote} Do you have something for the AUDCAD & AUDUSD? Thanks in advance.

Lets just hope the AUDUSD closes at or very near the low of the day/week. When that happens most times we get some sort of reversal the following day or following week. I circled some of those points on the chart below. I believe the AUD is due for a substantial upside correction. ??? We're at a major demand zone on the monthly/weekly TF's. Could it manage enough strength to rebound back up to par ??? Who knows?
Attached Image (click to enlarge)
Click to Enlarge Name: AUD.JPG Size: 83 KB
  • #806,224
  • Jun 7, 2013 10:37am Jun 7, 2013 10:37am
the u.s equities market is so obviously rigged. After sp500 hitting 1600 and making a turn, it is going up straight 40 point without a pause.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #806,225
  • Jun 7, 2013 10:42am Jun 7, 2013 10:42am
Quoting ffleo
the u.s equities market is so obviously rigged. After sp500 hitting 1600 and making a turn, it is going up straight 40 point without a pause.
yep it is rigged.
"You're solid gold, see you in hell"
  • #806,226
  • Jun 7, 2013 10:42am Jun 7, 2013 10:42am
Somebody sees a bearish flag on the 5 min chart ?
Simplicity is the Ultimate Sophistication.
  • #806,227
  • Jun 7, 2013 10:45am Jun 7, 2013 10:45am
Quoting broketrader
Somebody sees a bearish flag on the 5 min chart ?
Tracking the Specialists.
  • #806,228
  • Jun 7, 2013 10:50am Jun 7, 2013 10:50am
Quoting hadox
{quote} I don't trade it.. what about posting your view?
I will do it Sir, have to wait cople of hours since I am at the office and we are not allowed to have the software installed at this PC .

However, what I can see is a strong downtrend that almost kill my account. I have non experince on the FX trading and I am being forced to learn as fast as I can since my account was traded by "anothers" who made it almost nothing on montly profit and opened lot of trades without Stop lose, thus since early May this start to get lost, I am almost on 90% of negative numbers and I started to do some trades in the EURUSD as seem to be more friendly and I have made some money to increase my balance and support the big red lots on AUDCAD & AUDUSD. I have arround -400 pips each.

So, with the above in mind, I am trying to find a light on the brightness of my account.
Thanks.
  • #806,229
  • Jun 7, 2013 10:50am Jun 7, 2013 10:50am
gold and silver are in a process to be dumped again. I do not think euro will go much higher.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #806,230
  • Jun 7, 2013 10:52am Jun 7, 2013 10:52am
Quoting gatorinla
{quote} no bounce yet either from s/p, dow... "surprised",,, straight to target is rare {image} {image}
bouncing now.
Attached Images
those who can, do. those who cant, talk about those who can
  • #806,231
  • Jun 7, 2013 10:52am Jun 7, 2013 10:52am
Quoting Connected
{quote}
Prepare for it to hit your SL.
  • #806,232
  • Jun 7, 2013 10:53am Jun 7, 2013 10:53am
Close Short

Eurusd's very strong.
  • #806,233
  • Jun 7, 2013 10:55am Jun 7, 2013 10:55am
Quoting ffleo
the u.s equities market is so obviously rigged. After sp500 hitting 1600 and making a turn, it is going up straight 40 point without a pause.
its doing a normal move.
those who can, do. those who cant, talk about those who can
  • #806,234
  • Jun 7, 2013 10:55am Jun 7, 2013 10:55am
Quoting chiknthief
{quote} Lets just hope the AUDUSD closes at or very near the low of the day/week. When that happens most times we get some sort of reversal the following day or following week. I circled some of those points on the chart below. I believe the AUD is due for a substantial upside correction. ??? We're at a major demand zone on the monthly/weekly TF's. Could it manage enough strength to rebound back up to par ??? Who knows? {image}
Many thanks for the reply/Outlook. I am wating for a reversal since my trades with the AUD are almost taking me out of the trades.

That big downtredn should be reversed before, but seems that has not fund the bottom yet.
  • #806,235
  • Jun 7, 2013 10:57am Jun 7, 2013 10:57am
Even the euro responds well to high and low weekly closes.
Attached Image (click to enlarge)
Click to Enlarge Name: EU.JPG Size: 90 KB
  • #806,236
  • Jun 7, 2013 11:00am Jun 7, 2013 11:00am
Quoting Connected
{quote}
Yep... I am sure I just heard the sound of it hitting your SL... Thanks for da $
  • #806,237
  • Jun 7, 2013 11:03am Jun 7, 2013 11:03am
Quoting gatorinla
{quote} its doing a normal move.

I do not like the fact that the fed is participating in buying equities. if the fed buy equities will they lose? who will be the bag holder for the fed when they unload their purchases?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #806,238
  • Jun 7, 2013 11:06am Jun 7, 2013 11:06am
Quoting ffleo
{quote} I do not like the fact that the fed is participating in buying equities. if the fed buy equities will they lose? who will be the bag holder for the fed when they unload their purchases?

They're NOT buying equities. They're buying the debt..............BONDS.
  • #806,239
  • Jun 7, 2013 11:08am Jun 7, 2013 11:08am
Quoting chiknthief
{quote} They're NOT buying equities. They're buying the debt..............BONDS.

And running the printing press.
  • #806,240
  • Jun 7, 2013 11:08am Jun 7, 2013 11:08am
if this rejection of euro at 3240 is confirmed, it should go down next week
ignore wackos and psychos, including myself. But I can't add myself to iggy
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