more blood will come soon in mini sp500
- #863,002
- Dec 12, 2013 4:15am Dec 12, 2013 4:15am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #863,003
- Dec 12, 2013 4:17am Dec 12, 2013 4:17am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
f(z)=z2+c
- #863,004
- Dec 12, 2013 4:24am Dec 12, 2013 4:24am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
f(z)=z2+c
- #863,005
- Dec 12, 2013 4:25am Dec 12, 2013 4:25am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #863,006
- Dec 12, 2013 4:28am Dec 12, 2013 4:28am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
f(z)=z2+c
- #863,007
- Dec 12, 2013 4:40am Dec 12, 2013 4:40am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} patience and respect, you're right...
take care...
Wherever you go, there you are.
I have been ride gj ej bull train, only coming here when looks like some bear pips on offer:-)- #863,009
- Dec 12, 2013 4:58am Dec 12, 2013 4:58am
- Joined Aug 2011 | Status: Trader | 4,956 Posts
{quote} 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.. {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
I also trade higher tf's
This is a chart I have been posting for a while. On the 27/28th we had bo's of most euro crosses and I mentioned we should head up back into the channel (yellow tl's). Now we are here it is usual to travel to the other side with gusto however there seems to be a large lack of enthusiasm and pa is sluggish (though consistent).
Imo we should stay within the channel and head up toward the top. The light blue line is where I have the monthly tl resistance. If we reach here it should be interesting. We should bounce and hence wont touch the top yellow line which will be a bearish signal (on daily/weekly level) and will likely leave the channel on the downside for a heavy bearish drop after. If we leave the channel (down) before reached, same scenario. The bulls have some serious resistance ahead, 61.8 fib, monthly tl, and then top of channel (though if bo of monthly should create enough momentum imo.
ps. ignore the trade... my EA traded while I was away
As the lights go by so too do the shadows move
- #863,010
- Dec 12, 2013 5:08am Dec 12, 2013 5:08am
- | Joined Apr 2011 | Status: Trader | 1,152 Posts
yet more hours of nothing 
MMMYYYKKK
- #863,011
- Dec 12, 2013 5:24am Dec 12, 2013 5:24am
{quote} ... I love scalping…..not easy….but fun…only need a couple good trades in a few hours risking 2% per trade on a 10 pips tp, risk is around 4 to 6 pips, if you make 2 pips average per day, can double your account in 12 month, has a great potential scalping but not easy...
... that's it mate ... scalping is fun and can be quite profitable ... but, it's not easy and not many can do it.Why ??? ... mainly because of the completely wrong attitude in trading ... simply they're not able to accept losses
... rather frequent losses in that business. However, over a time those bad trades are usually happening less often
and success rate improves with experience (months / years) ... and that is also too hard to swallow for some ... if not most,
especially those who're trying scalping at early stages of their trading endeavour. Plus of course there is also a stress factor,
which does not helps at all and just overwhelms many other potential scalpers.
Anyway,
as a happy scalper (I rather prefer to call myself a semi-scalper) ... wish you all the best in that quick ... pip's hunting.
- #863,012
- Dec 12, 2013 5:27am Dec 12, 2013 5:27am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
(disclaimer: I have no financial interest in Magix Ltd, lol)
All good words, my friend.
Keep on, Keepin on!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #863,013
- Dec 12, 2013 5:29am Dec 12, 2013 5:29am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
{quote}
f(z)=z2+c
- #863,014
- Dec 12, 2013 5:30am Dec 12, 2013 5:30am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote}
Wherever you go, there you are.
- #863,016
- Dec 12, 2013 5:38am Dec 12, 2013 5:38am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} I take it you caught the gc train as well
If you are new to Forex? Say Goodbye to your account!!
- #863,017
- Dec 12, 2013 5:40am Dec 12, 2013 5:40am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} yes but been out until this topping pattern4 hr is either confirmed or negated
If you are new to Forex? Say Goodbye to your account!!
- #863,019
- Dec 12, 2013 5:50am Dec 12, 2013 5:50am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} right now watching e/chf shes at interesting level 4hr or daily
If you are new to Forex? Say Goodbye to your account!!
- #863,020
- Dec 12, 2013 5:53am Dec 12, 2013 5:53am
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
{quote}
"It's the Margin, Stupid."