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  • #862,981
  • Dec 12, 2013 1:30am Dec 12, 2013 1:30am
There are old traders, and there are bold traders; but there are no old bold traders. Traders that don't use stops go broke.


Quote: a piece of paper I have in my folder that I have no idea where came from.
As the lights go by so too do the shadows move
  • #862,982
  • Dec 12, 2013 1:31am Dec 12, 2013 1:31am
Quoting DasPips
{quote} Why not at least wait until after Draghi? Looking back over the year, it seems the majority of the time that he spoke (about 80%) the market moved up... GL anyway.
well market moves are pre determined! Draghi and all such SOB are just triggers to these movements! As far my opinion soon 1.367x is possible! So I am trading with my opinion! Good luck to you as well!
  • #862,983
  • Dec 12, 2013 1:31am Dec 12, 2013 1:31am
80 turned support to resistance?
Wherever you go, there you are.
  • #862,984
  • Dec 12, 2013 1:33am Dec 12, 2013 1:33am
break of 1.3775 is what matters here
  • #862,985
  • Dec 12, 2013 1:36am Dec 12, 2013 1:36am
horrible 5/1 min whipsaw channel. It will prob bo down but I'm staying clear of it. Think I'll head to other charts... UJ looks interesting.
As the lights go by so too do the shadows move
  • #862,986
  • Dec 12, 2013 1:38am Dec 12, 2013 1:38am
M15
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 23 KB
Get Rich or Die Tryin
  • #862,987
  • Dec 12, 2013 1:40am Dec 12, 2013 1:40am
Quoting hoom
M15 {image}

so what are u implementing? Am I correct assuming from ur chart that it will go either up...or down?
  • #862,988
  • Dec 12, 2013 1:41am Dec 12, 2013 1:41am
Quoting hoom
M15 {image}
HAHA
  • #862,989
  • Dec 12, 2013 1:41am Dec 12, 2013 1:41am
It seems that the euro wants to trade lower today but there is still resistance, lets wait and see and hopefully the US Data will send the euro to hell.
I wish I could time travel, I'd be "very" rich
  • #862,990
  • Dec 12, 2013 1:42am Dec 12, 2013 1:42am
Quoting Matts Micro
horrible 5/1 min whipsaw channel. It will prob bo down but I'm staying clear of it. Think I'll head to other charts... UJ looks interesting.
m1/m5/m15 in short (m30 is on it's way too), while m30 and above long right now in my system...
f(z)=z2+c
  • #862,991
  • Dec 12, 2013 1:43am Dec 12, 2013 1:43am
Quoting Matts Micro
{quote} What I personally like about scalping is because I have my eye on smaller tf's I can see subtle hints of where larger tf trends maybe heading. Hence it is possible to catch long term trends with scalping sized lots with minimal risk. The market needs play fair though with the right type of movement. ....
While the elephants can create S/T distortions in the micro charts, it's very difficult to hide their M/T foot prints in the big charts.. many traders simply waste their time trying to prefect entry/exit skills & interpret funnies while neglecting the prevailing HTF bias & mindset..

Quoting milam
{quote} I think you can be my son, anyway my bread and butter is made on daily……You are right tough, I think money is been left on the table by intraday, swing traders can pick up some good runs. ...
FX is a wonderful market for a privileged few where you can level the odds playing with the big boys.. it's one of the very few business where you can legitly fleece the bank & may be for a lazy person to get rich slowly over time..

One of my favorite oldie singer..
Inserted Video
  • #862,992
  • Dec 12, 2013 1:45am Dec 12, 2013 1:45am
Quoting hoom
M15 {image}

i would say, if this wants to go higher, it would have done already, but usually this is when i get wrong
f(z)=z2+c
  • #862,993
  • Edited 3:03pm Dec 12, 2013 1:49am | Edited 3:03pm
Quote
ECB Draghi- ECB will ensure price stability in both directions….. See no deflation in EZ, situation different from Japan..
Quote
ECB Draghi- well aware of downside risks low inflation poses, we are ready to act and have plenty of instruments..

source: order flow trading

Get Rich or Die Tryin
  • #862,994
  • Dec 12, 2013 1:51am Dec 12, 2013 1:51am
Quoting eliteincome
{quote} Gidday Kiwi Thought we lost you you all Good
I am still alive and kicking just I have been ride gj ej bull train, only coming here when looks like some bear pips on offer:-)
If you are new to Forex? Say Goodbye to your account!!
  • #862,995
  • Dec 12, 2013 1:53am Dec 12, 2013 1:53am
Quoting milam
80 turned support to resistance?
yes and my target (10) reached, done scalping for the day: 2 trades.
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Wherever you go, there you are.
  • #862,996
  • Dec 12, 2013 1:56am Dec 12, 2013 1:56am
Well it showed some bears here but I am not sure if it will go further my resistance is 1.3760, then I guess there will be further downs.
I wish I could time travel, I'd be "very" rich
  • #862,997
  • Dec 12, 2013 2:00am Dec 12, 2013 2:00am
Quoting Paulenok
break of 1.3775 is what matters here

added 2 shorts after the break, see u at 1.37400
  • #862,998
  • Dec 12, 2013 2:00am Dec 12, 2013 2:00am
ATR + h4 candle says, we will visit the 1.37450 area
f(z)=z2+c
  • #862,999
  • Dec 12, 2013 2:01am Dec 12, 2013 2:01am
Quoting cdndollar
{quote} FX is a wonderful market for a privileged few where you can level the odds playing with the big boys.. it's one of the very few business where you can legitly fleece the bank & may be for a lazy person to get rich slowly over time.. One of my favorite oldie singer..
http://www.youtube.com/watch?v=Vhj-XDdFunA
Yes.
Without Crosby, Stills and Nash in this one?

Inserted Video
Wherever you go, there you are.
  • #863,000
  • Dec 12, 2013 2:01am Dec 12, 2013 2:01am
But only if the US data will be bad so as to stay @ the irrational side of it. :-)

Quoting Ryan3645
It seems that the euro wants to trade lower today but there is still resistance, lets wait and see and hopefully the US Data will send the euro to hell.
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