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  • #870,461
  • Jan 16, 2014 10:55am Jan 16, 2014 10:55am
Quoting TauTrader
{quote} Sir, H I'm just fooling around. Your question was valid. I trade both levels and the indi I built. Battling with the long side. I think I have it all on the 4 hr chart - but it is a bit slow for me ... need to tone it down and trade that. I need the market to kick me in the nuts just once - the discipline will be back in no time! I wish you all the best Regards to you

You are very polite, but I bet I'm younger...thanks anyway!
f(z)=z2+c
  • #870,462
  • Jan 16, 2014 11:03am Jan 16, 2014 11:03am
The time of truth is coming!

Let's see if "market" wants to send this pair to lower levels or not, next 2 hours are really the ultimate line.

Today I have done mess in my account, some shorts in bad places, then after the cross of 1.3633, I started to close them to see PA behaviour around 1.3650, because I am not a fortune teller, but I invite everyone to see my account and try to understand if all that shorts opened above 1.3630 were pure luck or something else.

GL all and PLEASE do not swim against the tide
  • #870,463
  • Jan 16, 2014 11:09am Jan 16, 2014 11:09am
this is tthe second piercing of the trendline in January. On verge to break
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #870,464
  • Jan 16, 2014 11:14am Jan 16, 2014 11:14am
I see some muppets who were treating me as a contrarian indicator really got slaughtered in the past 2 days. good going muppets. trade against me.
  • #870,465
  • Jan 16, 2014 11:14am Jan 16, 2014 11:14am
Quoting DNTme
opened a short @22
Out 37 pips c y tom
fokyou forexfactory
  • #870,466
  • Jan 16, 2014 11:20am Jan 16, 2014 11:20am
open a short in gbp/cad and forget it for 1 week.
  • #870,467
  • Jan 16, 2014 11:20am Jan 16, 2014 11:20am
Quoting MaxDoom
{quote} chasing the tail... set at +10 for now, see if we can get a 358x test, but the clock! the clock!

now what?
  • #870,468
  • Jan 16, 2014 11:21am Jan 16, 2014 11:21am
Quoting BoredToLoose
The time of truth is coming! Let's see if "market" wants to send this pair to lower levels or not, next 2 hours are really the ultimate line. Today I have done mess in my account, some shorts in bad places, then after the cross of 1.3633, I started to close them to see PA behaviour around 1.3650, because I am not a fortune teller, but I invite everyone to see my account and try to understand if all that shorts opened above 1.3630 were pure luck or something else. GL all and PLEASE do not swim against the tide
ok thats called panic. I opened a short @46 and muppets over here started targetting me. I got banned. I closed the short in 50 pips profit the next day plus one more short which i picked at the top in 100 pips profit.
  • #870,469
  • Jan 16, 2014 11:22am Jan 16, 2014 11:22am
Quoting MaxDoom
{quote} now what?
that is simple to answer. 1.36-20 consolidation if does not happen 1.3520 is next and then 1.3470-1.3450-1.3380
  • #870,470
  • Jan 16, 2014 11:30am Jan 16, 2014 11:30am
SL to BE. I probably won't end this trade with any money, but it's worth a shot at a potential big move.
  • #870,471
  • Jan 16, 2014 11:32am Jan 16, 2014 11:32am
Quoting BoredToLoose
The time of truth is coming! Let's see if "market" wants to send this pair to lower levels or not, next 2 hours are really the ultimate line. Today I have done mess in my account, some shorts in bad places, then after the cross of 1.3633, I started to close them to see PA behaviour around 1.3650, because I am not a fortune teller, but I invite everyone to see my account and try to understand if all that shorts opened above 1.3630 were pure luck or something else. GL all and PLEASE do not swim against the tide
it's already here, and always has been the current price is the truth it represents all information available and the sum of actions taken as a result, all other prices are merely speculation
  • #870,472
  • Jan 16, 2014 11:35am Jan 16, 2014 11:35am
Quoting Mr_Jet
SL to BE. I probably won't end this trade with any money, but it's worth a shot at a potential big move.
you are referring to a trade you have not given the details of, what would you like us to comment?
  • #870,473
  • Jan 16, 2014 11:38am Jan 16, 2014 11:38am
Quoting MaxDoom
{quote} you are referring to a trade you have not given the details of, what would you like us to comment?

Sorry, I have a trade from 1.361 that I opened some time ago. I had some scary moments today but I'm glad just to be in green so I'm going to try to let it run. Good luck everyone!
  • #870,474
  • Jan 16, 2014 11:40am Jan 16, 2014 11:40am
Quoting Mr_Jet
{quote} Sorry, I have a trade from 1.361 that I opened some time ago. I had some scary moments today but I'm glad just to be in green so I'm going to try to let it run. Good luck everyone!
In my experience, these are the type of trades that bring an account to its knee ..
"It's the Margin, Stupid."
  • #870,475
  • Jan 16, 2014 11:42am Jan 16, 2014 11:42am
Quoting DNTme
{quote} those are helping me more to see where we are in terms of trend...MA angle down/ up showing the main trend for that TF...in our case MA were flat , so trend is not defined yet..but then i was looking at candle patterns


let me make it simple...its a new year and most investors will look for lower price so expect a rebound before rally..i trade from daily chart only and spend my time with other things, trading should not be this difficult as we take it..
MY OPINION NOT FINANCIAL ADVISE
  • #870,476
  • Jan 16, 2014 11:43am Jan 16, 2014 11:43am
Quoting Vachus
{quote} In my experience, these are the type of trades that bring an account to its knee ..
I didn't risk too much, I have other trades in. Just worries me to see a trade lose so quickly. Anyways, the trade will not lose any money now, so I'm not worried...

  • #870,477
  • Jan 16, 2014 11:43am Jan 16, 2014 11:43am
Quoting Mr_Jet
{quote} Sorry, I have a trade from 1.361 that I opened some time ago. I had some scary moments today but I'm glad just to be in green so I'm going to try to let it run. Good luck everyone!
sure no worries. It is in the chop zone but if we see some follow through with NY PM session then 1.36 might just hold it down.
  • #870,478
  • Jan 16, 2014 11:44am Jan 16, 2014 11:44am

  1. If the correlation is above +0.5 then the currencies move in the same way, if it is below -0.5 then the currencies move in an inverse direction. A value below 0.4 to -0.4 means that the currencies have a weak correlation with each other.

Attached Image (click to enlarge)
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  • #870,479
  • Jan 16, 2014 11:45am Jan 16, 2014 11:45am
Quoting Vachus
{quote} In my experience, these are the type of trades that bring an account to its knee ..
what if he walks upside down?

Attached Image
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #870,480
  • Jan 16, 2014 11:51am Jan 16, 2014 11:51am
Quoting ffleo
{quote} what if he walks upside down? {image}

he'll pierce it with his elbows
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
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