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  • #874,821
  • Feb 6, 2014 1:44pm Feb 6, 2014 1:44pm
Quoting kimisiow83
{quote} Really? Thanks for your advise. 2 years ago, I sit in front of my PC just to worry what the FUNDAMENTAL approach might be, and of course I blew a lot of account with a lot of work to do. Even eating in front of PC, worry when I walk away to toilet, can't even walked out of my room. But probably to you guys I am on luck, fortunately now I am free to do anything and just ignore the useless and I am absolutely have my better life now instead of blowing my account.
are you beginner-joe with a new user name?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #874,822
  • Feb 6, 2014 1:44pm Feb 6, 2014 1:44pm
Quoting kimisiow83
{quote} Really? Thanks for your advise. 2 years ago, I sit in front of my PC just to worry what the FUNDAMENTAL approach might be, and of course I blew a lot of account with a lot of work to do. Even eating in front of PC, worry when I walk away to toilet, can't even walked out of my room. But probably to you guys I am on luck, fortunately now I am free to do anything and just ignore the useless and I am absolutely have my better life now instead of blowing my account.



It wont last !!


I have been in this market for 5 years, I have seen a lot of trader just like you, they all went bust. You cant escape the fundies. YOu dont have to trade them, just be aware of them and the impact that they could have
  • #874,823
  • Feb 6, 2014 1:46pm Feb 6, 2014 1:46pm
Quoting ffleo
{quote} are you beginner-joe with a new user name?
Sorry bro, I am new to forum actually. Because of my foolish work last time, I don't even have enough time on forum.

Cheers
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #874,824
  • Feb 6, 2014 1:47pm Feb 6, 2014 1:47pm
Quoting ffleo
{quote} not many retail traders realize this very important truth. They think they lose due to their wrong market direction bias. Lots of retail traders still lose even if they guessed the market direction correct, due to poor money management, poor position management, impatience, etc, etc. On the other hand, good counter-trend traders still win.
90% of my trade are counter trades and are "wrong side"
10-0 so far this month hit my 6% monthly target in 5days.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #874,825
  • Feb 6, 2014 1:48pm Feb 6, 2014 1:48pm
Quoting Davit
{quote} 90% of my trade are counter trades and are "wrong side" 10-0 so far this month hit my 6% monthly target in 5days.
well done.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #874,826
  • Feb 6, 2014 1:50pm Feb 6, 2014 1:50pm
Quoting Capelli
{quote} It wont last !! I have been in this market for 5 years, I have seen a lot of trader just like you, they all went bust. You cant escape the fundies. YOu dont have to trade them, just be aware of them and the impact that they could have
Thanks to have you chatting here. I am sharing and I hope you believe not everyone is same as you meet. I have 10 years attached in FOREX market, suffering 8 years on learning and busting on account. I learnt and knew forex when I was always got scammed by those HYIP. But I am glad they brought me and introduce me what is FOREX. Those were the days, hard works earned what I have today.

Cheers
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #874,827
  • Feb 6, 2014 1:52pm Feb 6, 2014 1:52pm
Hi, just a thought.
Short Euro big time, with a stop above post ECB high..
Choose any Fib level you feel comfortable with.
once the first level has been breached there will likely be another corrective move down based on stops being filled
Suggest limit just below that level
Else, ride it further.
I will post further input if appropriate.
Current level 1.3592
Till then happy trading
  • #874,828
  • Feb 6, 2014 1:53pm Feb 6, 2014 1:53pm
Quoting Capelli
{quote} It wont last !! I have been in this market for 5 years, I have seen a lot of trader just like you, they all went bust. You cant escape the fundies. YOu dont have to trade them, just be aware of them and the impact that they could have
1 more as your reference. I do avoid high impact news. I have 1 rules, never open trade 2 hours before high impact, and hold tight on position open earlier than 2 hours. That's the only rules how I handle on HIGH IMPACT.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #874,829
  • Feb 6, 2014 1:55pm Feb 6, 2014 1:55pm
Quoting Davit
{quote} 90% of my trade are counter trades and are "wrong side" 10-0 so far this month hit my 6% monthly target in 5days. {image}
Why counter?

You were in the trend, at least what I see.
  • #874,830
  • Feb 6, 2014 2:00pm Feb 6, 2014 2:00pm
I don't know whether I can post link here. Join me on my short term trade, just for reference. This is the strategy under trial now and it works pretty well to me.

https://www.zulutrade.com/trader/206900

Just couple of days and I am pretty happy on the results so far.

Cheers.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #874,831
  • Feb 6, 2014 2:02pm Feb 6, 2014 2:02pm
Quoting CandleStar
{quote} Why counter? You were in the trend, at least what I see.
lots people in the cable thread claim it is bull trend for cable, and they laugh at and ridicule anyone that shorted cable
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #874,832
  • Feb 6, 2014 2:03pm Feb 6, 2014 2:03pm
Quoting ffleo
{quote} lots people in the cable thread claim it is bull trend for cable, and they laugh at anyone that shorted cable
I will absolutely agree cable to collapse soon to 1.61 probably. But EUR, not now.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #874,833
  • Feb 6, 2014 2:05pm Feb 6, 2014 2:05pm
Quoting kimisiow83
{quote} I will absolutely agree cable to collapse soon to 1.61 probably. But EUR, not now.
you cannot separate euro from cable. they are like twin sisters. one will drag the other
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #874,834
  • Feb 6, 2014 2:10pm Feb 6, 2014 2:10pm
Quoting ffleo
{quote} you cannot separate euro from cable. they are like twin sisters. one will drag the other
I know it is absolutely twins of course. As I says soon but not now. EUR/GBP has already started to show strength on BULLISH after a FLAG there, so it will soon come to collapse and a big correction coming as I expected since last month on CABLE.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #874,835
  • Feb 6, 2014 2:11pm Feb 6, 2014 2:11pm
Quoting ffleo
{quote} lots people in the cable thread claim it is bull trend for cable, and they laugh at and ridicule anyone that shorted cable


it might take some time.. we will see on monday what happens, but looking for going short soon.
  • #874,836
  • Feb 6, 2014 2:17pm Feb 6, 2014 2:17pm
Quoting Davit
{quote} 90% of my trade are counter trades and are "wrong side" 10-0 so far this month hit my 6% monthly target in 5days. {image}
i have good week too
look my 4 days profit +113%
Attached Image (click to enlarge)
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  • #874,837
  • Feb 6, 2014 2:19pm Feb 6, 2014 2:19pm
Quoting ffleo
{quote} you cannot separate euro from cable. they are like twin sisters. one will drag the other
You can easily separate them. Even when they move in the same direction, they often lag. Plus, you have to look at EUR/GBP chart for R/S levels, pivots, and trends
"Luxury is one of the basic needs", (c), Don Corleone
  • #874,838
  • Feb 6, 2014 2:20pm Feb 6, 2014 2:20pm
Quoting patryn
{quote} i have good week too look my 4 days profit +113% {image}
but how long?
With a good book and quality paper you can fine wipe your ass.
  • #874,839
  • Feb 6, 2014 2:20pm Feb 6, 2014 2:20pm
Quoting Firstboss
{quote} You can easily separate them. Even when they move in the same direction, they often lag. Plus, you have to look at EUR/GBP chart for R/S levels, pivots, and trends
I Love You
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #874,840
  • Feb 6, 2014 2:23pm Feb 6, 2014 2:23pm
Quoting Davit
{quote} 90% of my trade are counter trades and are "wrong side" 10-0 so far this month hit my 6% monthly target in 5days. {image}

Good job Davit!

Im up 12.4% return this week, so im ready for the weekend.

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