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  • #874,501
  • Feb 6, 2014 2:36am Feb 6, 2014 2:36am
Quoting kimisiow83
{quote} 400 pips DD is not a bullshit signal when the trade end up with 401 pips profit. Correct me if I am wrong.


Its just luck...
  • #874,502
  • Feb 6, 2014 2:36am Feb 6, 2014 2:36am
Quoting milam
{quote} good trade, but not finished yet...
Yes, I hope it reach at least 1.3550 before rate announcement & [highlight=rgb(244, 246, 249); color:rgb(0, 0, 0); font-family:verdana,helvetica,sans-serif]ECB Press Conference, so I can gamble my profit a little bit [/highlight]
That which does not kill us makes us stronger
  • #874,503
  • Feb 6, 2014 2:37am Feb 6, 2014 2:37am
Hai Scalpers, Hope this 1H chart helps in your decision.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 116 KB
  • #874,504
  • Feb 6, 2014 2:39am Feb 6, 2014 2:39am
Quoting Davit
{quote} 400pip DD can become total trend reversal while still above 1.59 200MA ,while he continues to buy thinking trend is up trend is already heading south so before you realize you are 1500 pips in the hole. That's the danger of trusting MA bias.Difficulty is every major correction can become a reversal.
that is why I said his MA signal is bullshit. He got his 16k pips for multiple positions purely by luck
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #874,505
  • Feb 6, 2014 2:40am Feb 6, 2014 2:40am
Quoting moneymove
{quote} Yes, I hope it reach at least 1.3550 before rate announcement & ECB Press Conference, so I can gamble my profit a little bit
I hope it works for you….gu, gj and ej all down
Wherever you go, there you are.
  • #874,506
  • Feb 6, 2014 2:42am Feb 6, 2014 2:42am
Quoting milam
{quote} I hope it works for you….gu, gj and ej all down
Thanks mate, Have open long pos GU. Think she (GU) will follow suit in just a moment, or not....
That which does not kill us makes us stronger
  • #874,507
  • Feb 6, 2014 2:44am Feb 6, 2014 2:44am
Quoting Davit
{quote} 400pip DD can become total trend reversal while still above 1.59 200MA ,while he continues to buy thinking trend is up trend is already heading south so before you realize you are 1500 pips in the hole. That's the danger of trusting MA bias.Difficulty is every major correction can become a reversal.This is because 200MA is extremely slow lagging indicator.
I never says 200 MA trigger gun. Only buy above 200 and sell below 200, I think that is my quote in the earlier and not telling you to buy immediately once it crosses 200 MA. I though I have written clearly that I only use 4 MA, and not the only 200 MA. If once crosses 200 with an immediate buy or sell, then nobody is losers. It is just guideline, did I say that?
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #874,508
  • Feb 6, 2014 2:47am Feb 6, 2014 2:47am
Nothing wrong with LUCK, I will gladly accept it
That which does not kill us makes us stronger
  • #874,509
  • Feb 6, 2014 2:53am Feb 6, 2014 2:53am
Quoting moneymove
{quote} Thanks mate, Have open long pos GU. Think she (GU) will follow suit in just a moment, or not....
Just went back above the line where she broke going downwards, bears will be tested here.
Wherever you go, there you are.
  • #874,510
  • Feb 6, 2014 2:59am Feb 6, 2014 2:59am
Quoting Bluescalper
{quote} Up currently +17 closing some @ 1:1 still long though.
Still with the half of the position since yesterday. Breaking above the resistance 1.35347 would be better as market is still ranging between supply/demand zones
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_07.jpg Size: 68 KB
  • #874,511
  • Feb 6, 2014 2:59am Feb 6, 2014 2:59am
Quoting kimisiow83
{quote} I never says 200 MA trigger gun. Only buy above 200 and sell below 200, I think that is my quote in the earlier and not telling you to buy immediately once it crosses 200 MA. I though I have written clearly that I only use 4 MA, and not the only 200 MA. If once crosses 200 with an immediate buy or sell, then nobody is losers. It is just guideline, did I say that?
Buy above and sell below works when you enter in a trend that hasn't ended yet. When price ranges or you enter a trend late, MA's can be account killers. Need to factor in other things to time momentum swings. MA's can be useful as guides though when you know what to do.
  • #874,512
  • Feb 6, 2014 3:01am Feb 6, 2014 3:01am
Quoting ffleo
{quote} that is why I said his MA signal is bullshit. He got his 16k pips for multiple positions purely by luck
400 pips - 600 pips risk is totally legitimate to me on weekly chart for Major. If you trade on 15 mins chart, of course it is not legitimate and bullshit. It is the difference between timeframe. Forex need more patience if you trade on bigger time frame, but need more skills if you trade in smaller timeframe. Do you think you have the enough skill or expert strategy to trade in smaller time frame? It is just 1 same things, I am purely technical trader and I ignore every fundamental when I trade larger timeframe. If trade on 15 mins chart or 30 mins chart, or even 1 hour chart, you need to be careful on Fundamental News. In larger timeframe, Fundamental are just a TSUNAMI short wave and it makes no difference in larger timeframe.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #874,513
  • Feb 6, 2014 3:04am Feb 6, 2014 3:04am
Quoting milam
{quote} Just went back above the line where she broke going downwards, bears will be tested here.
I was thinking short, market went flat, I wait, I only need one trade…if it does not happen….I do not care..
Wherever you go, there you are.
  • #874,514
  • Feb 6, 2014 3:04am Feb 6, 2014 3:04am
Quoting 2+2=4ex
{quote} Buy above and sell below works when you enter in a trend that hasn't ended yet. When price ranges or you enter a trend late, MA's can be account killers. Need to factor in other things to time momentum swings. MA's can be useful as guides though when you know what to do.
Yes, absolutely agree this. It won't works with only single 200 MA. It needs other combination.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #874,515
  • Feb 6, 2014 3:06am Feb 6, 2014 3:06am
Quoting kimisiow83
{quote} 400 pips DD is not a bullshit signal when the trade end up with 401 pips profit. Correct me if I am wrong.
Sorry to say, but it is BS.

What letting the price going 400 pips against you to get only 1 ?
COT: The precious data ignored
  • #874,516
  • Feb 6, 2014 3:09am Feb 6, 2014 3:09am
Quoting kuroro001
{quote} Sorry to say, but it is BS. What letting the price going 400 pips against you to get only 1 ?

You better at least listen when this guy talks. He is very smart.

NO offense to the other members here but Kuroro and attila are the only 2 I bother myself reading
Don't call me. I call you!
  • #874,517
  • Feb 6, 2014 3:11am Feb 6, 2014 3:11am
Quoting giveachance
{quote} 400 pips is bullshit is it???? your posts are becoming more and more shittier day by day. 401 pips on 2 lots will earn you 800 dollars
shut the heck up. you are proven idiot by many people.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #874,518
  • Feb 6, 2014 3:13am Feb 6, 2014 3:13am
Quoting Bluescalper
{quote} Still with the half of the position since yesterday. Breaking above the resistance 1.35347 would be better as market is still ranging between supply/demand zones {image}
for me these are the important levels for EURUSD (TimeFrame 15)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_08.jpg Size: 76 KB
  • #874,519
  • Feb 6, 2014 3:15am Feb 6, 2014 3:15am
Quoting MarginCalled
{quote} You better at least listen when this guy talks. He is very smart. NO offense to the other members here but Kuroro and attila are the only 2 I bother myself reading
Thanks

I pay attention to Attila's post too
COT: The precious data ignored
  • #874,520
  • Feb 6, 2014 3:16am Feb 6, 2014 3:16am
Quoting kuroro001
{quote} Sorry to say, but it is BS. What letting the price going 400 pips against you to get only 1 ?
No prob bro. I don't mind someone saying my strategy was BS if I feel comfortable with the strategy. But to me, 400:401 is a good risk of ratio, because it is at least 1:1.01. Probably a DD of 400 pips and earn for 10 is a BS to me, but 400:401 to me is good reward ratio. No trader wants the trade to against us, but we need to remember no trader strategy can accurate till a DD of 50 pips and earn 400 pips. That's my view.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
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