morning peeps 
I see someone has been toying with the thread posters
did we lose Twee?
I see someone has been toying with the thread posters
did we lose Twee?
- #860,822
- Dec 6, 2013 1:19am Dec 6, 2013 1:19am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} what will she do at this level now...this number is critical in my books 3671...anything above this number should be an overshoot...i wonder...too early to tell now NFP...aka account blowers... nightmare...whatever you want to call it...we shall seee
Its interesting how people keep posting numbers above, numbers below some magical invisible paradigm level where price becomes wild horse roaming uncrushable..Its irrelevant!!
37 or 3750 is same to me.If you are Bear then 37 3750 38 should make no difference.Question relevancy is how much are you willing to hold!That's all
In trading, you have to be defensive and aggressive at the same time
- #860,823
- Dec 6, 2013 1:19am Dec 6, 2013 1:19am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
I see someone has been toying with the thread posters
. But I really enjoyed this one. Hope I am gonna find that cop and screw his mind.Anyway, locked and loaded and prepared for NFP here. Hope I get Black Friday, coz otherwise am gonna need to work manually a bit to make for Dec rent
. Would prefere to be sitting in front of computer and bugging you here .
"I know one thing, that I know nothing." Sokrates
- #860,824
- Dec 6, 2013 1:23am Dec 6, 2013 1:23am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #860,825
- Dec 6, 2013 1:30am Dec 6, 2013 1:30am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #860,826
- Dec 6, 2013 1:30am Dec 6, 2013 1:30am
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote} You are not serious are you?You think market makers give a fg about some fging 4hr candle? If numbers are positive expect same distance down as today plus maybe another 50pips on top of it. When these guys place 500million orders they don't look for trivial shit like 4hr candle!
aaaaahhhh, a man with common sense
- #860,827
- Dec 6, 2013 1:33am Dec 6, 2013 1:33am
- | Joined Dec 2009 | Status: Bear | 1,009 Posts
Seems eager for 1.368,hopefully
looks like missed by a mere 2 pips
I am looking below 1.3650 for scalps to 1.3638 first
- #860,828
- Edited 1:56am Dec 6, 2013 1:39am | Edited 1:56am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
Smart thing to do is expect the worse and place limit shorts when you think it will spike up say 3750-38 and once triggered simply wait for price to settle down.
Euro zone is in deeper shit then US in terms of economy hence longer term bull is unrealistic to expect.
There is already momentum to start cutting QE as early as Jan 014
My limit is ready triggers fine not triggered fine as well.
To overcome the anxiety of draw-down reduce your lot size and allow additional lots to be used later.
Take 1 lot or 2 divide into 4 or 8 mini lots and use them as you see fit.If wrong or want to get out then your loss is 1/4 lot instead of full lot.
advantage of this method is overcoming tight SL's which get hit pretty much 100% specially true on news days.
you take 4 20pips loss on SL in full lot that's 80pips maybe 800 loss.That's serious money throwing to fging brokers.They are after your stops never doubt that.
Your strategy is to overcome this critical aspect of trading.
Euro zone is in deeper shit then US in terms of economy hence longer term bull is unrealistic to expect.
There is already momentum to start cutting QE as early as Jan 014
My limit is ready
triggers fine not triggered fine as well.To overcome the anxiety of draw-down reduce your lot size and allow additional lots to be used later.
Take 1 lot or 2 divide into 4 or 8 mini lots and use them as you see fit.If wrong or want to get out then your loss is 1/4 lot instead of full lot.
advantage of this method is overcoming tight SL's which get hit pretty much 100% specially true on news days.
you take 4 20pips loss on SL in full lot that's 80pips maybe 800 loss.That's serious money throwing to fging brokers.They are after your stops never doubt that.
Your strategy is to overcome this critical aspect of trading.
In trading, you have to be defensive and aggressive at the same time
- #860,829
- Dec 6, 2013 1:40am Dec 6, 2013 1:40am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} aaaaahhhh, a man with common sense
Wherever you go, there you are.
- #860,831
- Dec 6, 2013 1:44am Dec 6, 2013 1:44am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
Yeh, that spikey catch above 1,37 really may be the best case scenario. But I would say Market is positioning itself whole week for great NFP and just waiting for an excuse to sell this mofo to the ground. The only major fundamental (was it really fundamental?) push up here this week was yesterdays overconfident Draghi speech. Imo rest of the move was pure technical correction. So, that beeing said, imo technical correction may have reached its limits and we dont have any fundamental news incoming to push us more up. But when thinking of it in my tin-foil hat, thats actually the best reason to have a look up there. No reason . Am gonna simply be locking at BE and prepared to catch spikey, if we wont leave this range till data release.
edit: David, just for the record, I think you should not be posting numbers of your trades in that printscreen.
. Am gonna simply be locking at BE and prepared to catch spikey, if we wont leave this range till data release.edit: David, just for the record, I think you should not be posting numbers of your trades in that printscreen.
"I know one thing, that I know nothing." Sokrates
- #860,832
- Dec 6, 2013 1:49am Dec 6, 2013 1:49am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Smart thing to do is expect the worse and place limit shorts when you think it will spike up say 3750-38 and once triggered simply wait for price to settle down. Euro zone is in deeper shit then US in terms of economy hence longer term bull is unrealistic to expect. There is already momentum to start cutting QE as early as Jan 014 My limit is ready
Wherever you go, there you are.
- #860,834
- Dec 6, 2013 1:52am Dec 6, 2013 1:52am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #860,835
- Dec 6, 2013 1:56am Dec 6, 2013 1:56am
- | Joined Jun 2012 | Status: strezz | 1,239 Posts
{quote} Preparing ultra bear.. Ngawahan..
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
- #860,836
- Dec 6, 2013 1:57am Dec 6, 2013 1:57am
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote} yes, which shows that complex TA is just as BS…Sorry.
No, it is not
But interpretation is of utmost importance, and, to not lose the big picture
And: what meaning has a single candlestick???
And: nothing against simple methods - when they work (at least most of the time)
And: have learned one thing the hard way: when huge fundamental news hit the wire, it is best to stay away, or keep leverage low
Well, we can put it also another way:
FA is bullshit (yesterday was a great example here)
TA is bullshit (as you noted)
Sentiment analysis is bullshit (ask the EW haters)
so what is left in the basket?
a) market manipulation (works, confirmed)
b) brokerage scams (works, confirmed)
c) letting apes throw darts (works, confirmed)
So I will go in the future with the legal option of this three
- #860,837
- Dec 6, 2013 2:03am Dec 6, 2013 2:03am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
You see Infinitus, I got points a) and b) covered in my favourite trading book. Goebbels already got that more than half a century ago . No offence to apes, they are great as well. Especially like Abe.
. No offence to apes, they are great as well. Especially like Abe.
"I know one thing, that I know nothing." Sokrates
- #860,838
- Dec 6, 2013 2:05am Dec 6, 2013 2:05am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
{quote} Preparing ultra bear.. Ngawahan..
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #860,839
- Dec 6, 2013 2:08am Dec 6, 2013 2:08am
- Joined Jun 2010 | Status: zero | 20,603 Posts
You see Infinitus, I got points a) and b) covered in my favourite trading book. Goebbels already got that more than half a century ago
