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  • #820,521
  • Aug 2, 2013 10:00am Aug 2, 2013 10:00am
Quoting attila
{quote} this could very well be the top of the day.. fix coming up...
Agreed, maybe one more run over high, but its gettin less and less likely
  • #820,522
  • Aug 2, 2013 10:00am Aug 2, 2013 10:00am
Quoting attila
{quote} cocky, huh?

Wish u have a wonderful weekend bro
Together We Stand !
  • #820,523
  • Aug 2, 2013 10:01am Aug 2, 2013 10:01am
Quoting BlueGas
{quote} Agreed, maybe one more run over high, but its gettin less and less likely
post news trend prevails.

hold IMHO
  • #820,524
  • Aug 2, 2013 10:02am Aug 2, 2013 10:02am
set up short @ 1.3325 hope price will reach that level before fomc speech later

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  • #820,525
  • Aug 2, 2013 10:06am Aug 2, 2013 10:06am
w.o 1.3302 bear c back likely
  • #820,526
  • Aug 2, 2013 10:06am Aug 2, 2013 10:06am
Quoting kanikuly
set up short @ 1.3325 hope price will reach that level before fomc ...
nice one, good idea. I hate that trading style but nice, yes. Works long term but very exhausting, you have to like it.
  • #820,527
  • Aug 2, 2013 10:07am Aug 2, 2013 10:07am
Quoting chazzle
IG {image}
come on guys you can do it
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  • #820,528
  • Aug 2, 2013 10:08am Aug 2, 2013 10:08am
Should I maintain short during FOMC?
  • #820,529
  • Aug 2, 2013 10:08am Aug 2, 2013 10:08am
Quoting theonlyone
Proud to be a minority profitable beginner in forex 80% profit in 5weeks time, forex really suit my well
Just curious. Is that a demo account or live? Ever so I often I will do a demo account for kicks. I must tell you I am a completely different trader on a demo than with a live account. On my live account I'm a white haired conservative banker and on my demo, I'm a cowboy at a rodeo. A couple weeks ago, I brought my demo from 25k to 60k in three weeks. Not very realistic but fun.
Taigen Profit This Month: na
  • #820,530
  • Aug 2, 2013 10:09am Aug 2, 2013 10:09am
Quoting cdndollar
{quote} Like this? {quote} Aussi rising from the ashes in tandem with the Yellow Metal & Cable while EURGBP & EURJPY being massaged could add some near term sparks in the coming days.. Have a nice w/e
i have that book. a must read to know what is going on in the FX world.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #820,531
  • Aug 2, 2013 10:10am Aug 2, 2013 10:10am
Quoting bocephus
{quote} don can you update this chart with current pa

it will take next 8hrs or a day to prove this chart wrong ...happy trading
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MY OPINION NOT FINANCIAL ADVISE
  • #820,532
  • Aug 2, 2013 10:11am Aug 2, 2013 10:11am
Quoting theonlyone
Proud to be a minority profitable beginner in forex 80% profit in 5weeks time, forex really suit my well
...margin call in 6 weeks time.
Quant Hedge Fund CEO
  • #820,533
  • Aug 2, 2013 10:15am Aug 2, 2013 10:15am
Quoting davidsayli
UNEMPLOYMENT number 7.4% I openned a new sell @1.3256 Today's target is 1.3205 GL

He is the man... Lol ...


seems everyone trade on US zone wait for FOMC Member Bullard Speaks 1 hours from now..
He will unleash the bear..
  • #820,534
  • Aug 2, 2013 10:15am Aug 2, 2013 10:15am
Quoting JackintheBox
{quote} yeah for sure. If you work this way RR than you need to the pip. Sometimes it seems too easy and you go in too early - that's what the cleaners want you to believe and you ... and then... and repeat, as usual. At the end counts who has more in balance...it's like putting a sausage in front of a dog, and sit on his back lol and if he managed to lick on it you put even more on the back of the dog eaten his "balance" , then rinse and repeat , cheers. Ok, folks, of the table. Who survived today I see on Monday. Morning. MOMO (awful Mo isn't...

just take loss when your plan didn't work. if u do that with a good money management its most of the fight. being wrong and smart is better then right and stupid. stupid will catch up eventuality. looking for some s in the 326x/3343 range was in my game-plan... as is looking to L 3085/99 up to 2743, if we drop before 3362 is hit.. whether its a week from now or 2.. no big secret, unless i change my mind.. still easier money on other pairs.
those who can, do. those who cant, talk about those who can
  • #820,535
  • Aug 2, 2013 10:17am Aug 2, 2013 10:17am
Quoting Taigen
{quote} This is the only way I can consistently overall stay in the green. I must admit I do marvel at all those who can pin point the tops or close to it consistently. I used to draw squiggly lines and trend lines but mostly I have a few indicators to tell me if I'm in the ball park or not. The previous daily candle indicates a high of 1.3312. I can short a couple more times but if it breaks that high, my confidence will wane a little. Overall I think we are cresting and should start heading down in a few days. But what do I know...
i learned this style of trading by reading posts of a guru in ES called "ammo" on a website. also learned market profile from him. he is almost 60 years old and has been in the trading businesses for decades.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #820,536
  • Aug 2, 2013 10:18am Aug 2, 2013 10:18am
huge selling on USD....
  • #820,537
  • Aug 2, 2013 10:19am Aug 2, 2013 10:19am
Quoting JackintheBox
{quote} Hi Taigen, i spended about5 years of analyzing and trading your style, too. My RR yearly is 1:6 (6:1 win whatever), so it works but it's easier to do it wih one position and using different firepower on that position. I try to trade both. Please check at least last 3 years (volatility you can adopt) with your trading style and use SL, it is very important that you are overall in the green by backtesting this trading style. I don't pimp it to the pip, I use 3 to 4 outs a year, it's saver for me if market vola rises...but yes, it works. No...
Truly appreciate your response. It sounds like you've been around the block once or twice. A couple years ago, I did get tired of multiple positions and tried the full load on one position using SL's. I either did not trust myself to wait it out or kept stopping out. So went back to multiple positioning with about a 100 pip stops. Not sure what you mean by 'outs'. Last month, I only had one close in the red which is pretty good for me.
Taigen Profit This Month: na
  • #820,538
  • Aug 2, 2013 10:21am Aug 2, 2013 10:21am
i said price need to make a swing back to 1.3250-1.3000 this is the last chance for seller and a break above it will rape sellers.....some supply is there but time will tell..
MY OPINION NOT FINANCIAL ADVISE
  • #820,539
  • Aug 2, 2013 10:22am Aug 2, 2013 10:22am
Quoting iahmedz
huge selling on USD....
based on?
  • #820,540
  • Aug 2, 2013 10:22am Aug 2, 2013 10:22am
Quoting Taigen
{quote} Just curious. Is that a demo account or live? Ever so I often I will do a demo account for kicks. I must tell you I am a completely different trader on a demo than with a live account. On my live account I'm a white haired conservative banker and on my demo, I'm a cowboy at a rodeo. A couple weeks ago, I brought my demo from 25k to 60k in three weeks. Not very realistic but fun.
LOL!! I agree 100%. I more than doubled a demo when I bought heavy on gold back when it dipped below 1200. I opened 6 lots ( on a 25k demo ) and let it ride. Gold skyrocketed. Not sure I wold have the nerve to have let all that cash hang out there. My conservative side likely would have taken 1 lot increments on the way up. But i do always tend to follow with Stops so I don't lose much on a sudden reverse..
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