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  • #814,721
  • Jul 11, 2013 3:53pm Jul 11, 2013 3:53pm
Quoting Venice
{quote} That bull trap guy was right... for a few moments. Absolute Conviction is an account killer.
hush... we need them personally i think most of "weak" players are thinkin like this now, correct me if im wrong, i might be... "wow, if we went this high, this thing must go even higher"... and then it goes higher, lets say something around 3220, boom, weak shorts out, buy limits in, and then down we go... and then you refresh several times Eur/Usd thread, everything in moment becomes dead silent until the first post "wtf just happened" -->-->-->
  • #814,722
  • Jul 11, 2013 3:55pm Jul 11, 2013 3:55pm
Quoting Venice
{quote} That bull trap guy was right... for a few moments. Absolute Conviction is an account killer.
There's no better feeling than selling right into support.

Inserted Video
  • #814,723
  • Jul 11, 2013 4:04pm Jul 11, 2013 4:04pm
Quoting attila
{quote} There's no better feeling than selling right into support. http://www.youtube.com/watch?v=3kNV0j7g4h0

lol, cmon! it was a breakout, except the ice didnt broke, lol

Inserted Video
  • #814,724
  • Jul 11, 2013 4:17pm Jul 11, 2013 4:17pm
Quoting Kanzler
{quote} Ha no joke. And wait for it, when price does drop they'll hold their quickly transitioning losers like that one guy in this thread yesterday who sold at the bottom and didn't cut his loss, and another guy in another thread, he lost $250k from poor money management. Those are the type of people who guarantee this will always be a lucrative business. Short term still looking bearish by the way, needs to break the marked low to really get moving though. {image}
Shit that was me. I had pending sell at 860, thunderstorm fried my router and yeah I was reckless, haven't put any SL. Anyway when price reaches 1,3350 my account would be burned.

But this account is small, its merely for experimenting and currency trading. I do not put much stock into currency trading. Just look at this market. Its a mess, so manipulated. Its really hard to predict.

Anyway I will leave it open (I know this is stupid) but it won't be the end of the world to tank one account. Only a shame that I've traded for few months to gain some profit and now its sinking because I've been reckless just for one day + some bad luck has been involved (higher forces). Lol

Or I'll have to scalp the market again to give some more breating air to this account. Its worth taking a shot. Afterall this is merely a fun. Not trading for a living.
  • #814,725
  • Jul 11, 2013 4:20pm Jul 11, 2013 4:20pm
Quoting Tadej89
{quote} Shit that was me. I had pending sell at 860, thunderstorm fried my router and yeah I was reckless, haven't put any SL. Anyway when price reaches 1,3350 my account would be burned. But this account is small, its merely for experimenting and currency trading. I do not put much stock into currency trading. Just look at this market. Its a mess, so manipulated. Its really hard to predict. Anyway I will leave it open (I know this is stupid) but it won't be the end of the world to tank one account. Only a shame that I've traded for few months to...
Nope it wasn't you. This particular person insisted on adding to their losses and was saying it was a bull trap. You did something dumb by not adding a stop-loss to your order when you entered it originally but by the sounds of it you're not the type inclined to add to a loser.

Quoting openyoureyes
bull trap, I'm on heavy short, adding more
It was this guy.
  • #814,726
  • Jul 11, 2013 4:27pm Jul 11, 2013 4:27pm
Quoting Kanzler
{quote} Nope it wasn't you. This particular person insisted on adding to their losses and was saying it was a bull trap. You did something dumb by not adding a stop-loss to your order when you entered it originally but by the sounds of it you're not the type inclined to add to a loser. {quote} It was this guy.
He was also very cocky with some guy going long.... The Market has a way of fucking these types really hard.
  • #814,727
  • Jul 11, 2013 4:37pm Jul 11, 2013 4:37pm
Quoting Tadej89
{quote} Shit that was me. I had pending sell at 860, thunderstorm fried my router and yeah I was reckless, haven't put any SL. Anyway when price reaches 1,3350 my account would be burned. But this account is small, its merely for experimenting and currency trading. I do not put much stock into currency trading. Just look at this market. Its a mess, so manipulated. Its really hard to predict. Anyway I will leave it open (I know this is stupid) but it won't be the end of the world to tank one account. Only...
My oh my,set for disaster, you are just building on bad habits, imagine if this trade went "your" way, i guarantee you would give it back even sooner, see the highlighted words...wont be the end of the world to tank one account, even dosen of burned accounts wont stop the world, but you are just killing yourself. Build on good habits first, small and slow...
  • #814,728
  • Jul 11, 2013 4:44pm Jul 11, 2013 4:44pm
Quoting BlueGas
{quote} My oh my,set for disaster, you are just building on bad habits, imagine if this trade went "your" way, i guarantee you would give it back even sooner, see the highlighted words...wont be the end of the world to tank one account, even dosen of burned accounts wont stop the world, but you are just killing yourself. Build on good habits first, small and slow...
Kind words... more often than not, they're wasted, which is unfortunate.
  • #814,729
  • Jul 11, 2013 4:50pm Jul 11, 2013 4:50pm
trading the market could be very painful if you stuck to a one way up or down as eur/usd didnt break 1.2750 where a support trend line in the way expect the unexpected as everyone is going crazy on eur going down it might go up in a big way 1.3350 first target for longs nay be we get a good bounce back into range from there only to go up with 1.2750 holding to break the 1.34xx heading towards 1.37 xx but the target could be 1.3850 in few months . this will give a traingle of wave b from 1.37xx and then wave c to 1.385min target . this is only speculation on the price movement so far . breaking 1.2750 to the downside will change all this . good luck to all bears and bulls
  • #814,730
  • Jul 11, 2013 5:27pm Jul 11, 2013 5:27pm
Quoting godim
{quote} How does this all binds in with the development of cable?
cable is heavily being influenced by yen, although presently it actually is tracking eu,, kiwi has already faded BB bs and aussie almost pa is pretty stable right now
If you are new to Forex? Say Goodbye to your account!!
  • #814,731
  • Jul 11, 2013 5:34pm Jul 11, 2013 5:34pm
Quoting forexings
This bear will suicide because of barnanke. I want to see how fed defend a weak dollar if price can move above 1.40 anytime. Bernanke welcoming US fate.

where were we before he announced the possible tightening and what direction were we headed then?
those who can, do. those who cant, talk about those who can
  • #814,732
  • Jul 11, 2013 5:42pm Jul 11, 2013 5:42pm
Quoting gatorinla
{quote} bulls want higher, bears want a 3124 min close, before a drop, with a 3044 or less close. after the move up

3h later and no winner yet
those who can, do. those who cant, talk about those who can
  • #814,733
  • Jul 11, 2013 5:48pm Jul 11, 2013 5:48pm
Inserted Video
Attached Image
those who can, do. those who cant, talk about those who can
  • #814,734
  • Jul 11, 2013 5:49pm Jul 11, 2013 5:49pm
Going to load some shorts from here on up..

as for ass charts..I've been thinking and studying for the last couple years. Think I maybe getting close so I took a few trades...will post charts again as time goes on. Just wanted to say thank you and I still have not been able to figure out your numbers after looking for a year and a half or so.

The monthly charts clear stuff up a lot and simplify things if you trade small relative to your trade account/bank account size.

Take care
  • #814,735
  • Jul 11, 2013 5:50pm Jul 11, 2013 5:50pm
Quoting gatorinla
{quote} where were we before he announced the possible tightening and what direction were we headed then?

Fundamentally..this is why I'm short from here up.
  • #814,736
  • Jul 11, 2013 6:00pm Jul 11, 2013 6:00pm
Quoting BlueGas
{quote} My oh my,set for disaster, you are just building on bad habits, imagine if this trade went "your" way, i guarantee you would give it back even sooner, see the highlighted words...wont be the end of the world to tank one account, even dosen of burned accounts wont stop the world, but you are just killing yourself. Build on good habits first, small and slow...
I know where are my weak spots. Sometimes I just give a flying f*ck about everything. Haven't burned no accounts yet in a year and a half. But few bad habits have bit me in the ass now.

Don't worry I'm still learning and have a lot to learn.
  • #814,737
  • Jul 11, 2013 6:14pm Jul 11, 2013 6:14pm
kiwi and aussie bears look like the slowly getting on top of bulls eu deadmans heart beat, just watching todays open for now
If you are new to Forex? Say Goodbye to your account!!
  • #814,738
  • Jul 11, 2013 6:29pm Jul 11, 2013 6:29pm
Quoting KiwiTrada
kiwi and aussie bears look like the slowly getting on top of bulls eu deadmans heart beat, just watching todays open for now
chart aussie 1hr
open platform with 1st doji into purple zone traded the 2nd doji and attacked the first bear rejection, added @ todays open trades set trailing activated, platform back off , she kinda wedged in between today open 50 & 200 sma etc 1st target monthly 9108 which also happen to be when bullshit bennie lit the rocket fuse, bb for au data this afternoon, red or flat with little bit of usd appreciation should get a nice wee plop ,safe trading
Attached Image (click to enlarge)
Click to Enlarge Name: aussie 1hr 12 7 2013.png Size: 35 KB
If you are new to Forex? Say Goodbye to your account!!
  • #814,739
  • Jul 11, 2013 6:34pm Jul 11, 2013 6:34pm
Quoting KiwiTrada
{quote} chart aussie 1hr open platform with 1st doji into purple zone traded the 2nd doji and attacked the first bear rejection, added @ todays open trades set trailing activated, platform back off , she kinda wedged in between today open 50 & 200 sma etc 1st target monthly 9108 which also happen to be when bullshit bennie lit the rocket fuse, bb for au data this afternoon, red or flat with little bit of usd appreciation should get a nice wee plop ,safe trading {image}
same with kiwi 1hr bbl they will be rocket or bomb not sideways countdown 2hrs later
Attached Image (click to enlarge)
Click to Enlarge Name: kiwi 1hr 12 7 2013.png Size: 34 KB
If you are new to Forex? Say Goodbye to your account!!
  • #814,740
  • Jul 11, 2013 6:43pm Jul 11, 2013 6:43pm
Quoting nawafasad1
trading the market could be very painful if you stuck to a one way up or down as eur/usd didnt break 1.2750 where a support trend line in the way expect the unexpected as everyone is going crazy on eur going down it might go up in a big way 1.3350 first target for longs nay be we get a good bounce back into range from there only to go up with 1.2750 holding to break the 1.34xx heading towards 1.37 xx but the target could be 1.3850 in few months . this will give a traingle of wave b from 1.37xx and then wave c to 1.385min target . this is only speculation on the price movement so far . breaking 1.2750 to the downside will change all this . good luck to all bears and bulls
breaking the yearly low would open gate for a large downside move due to domino effect. yesterday it was lifted from the yearly low so forcefully, and further heavily lifted when sydney session just opened. who can do this? this is not some usual hedge funds (the common bulls and bears). i highly suspect central bank intervention. so we should give up the idea that the yearly low would be broken any time soon.
ignore wackos and psychos, including myself. But I can't add myself to iggy
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