{quote} It means you possess some quality trading skills, but you just have to switch buy and sell buttons
i should start doing that
If no more news coming up soon.
Eur/jpy should be at 140 again soon
- #880,324
- Mar 2, 2014 6:51pm Mar 2, 2014 6:51pm
- Joined Sep 2009 | Status: Trader | 1,027 Posts
Timing is everything in trading. Shoulda wait for it to drop more first. everytime I buy it went down. I sold it went up. whats going on?
I am wondering me to a bit, so I took the chart with news:
You can see the euro inflation bull shit made a spike. At end of the month...
Ofc now at the short term it will be a testing to down side for that movement. This Monday already was a gap to down side.
Now the Russian circus: they are selling the rubbles, but they buy euro or usd?
That's the question.From 2012 Aug the trend is uptrend.
But if you see those caps at top they are stopping and not touching the 1.40 zone.
If you read articles and books and blogs they are saying the resistance zone it will be harder and harder to break if is touched more and more.
I have diff vision: they are touching until they break it.
If is not coming a Greece circus or an ECB will not tell: " hey the euro is to strong and we start to print money" , and next week, when fall 400 pip " we was joking" it will depends the Russians where are throwing they money.
100 % sure it will be a great movement very soon. ( like 500 pip in 1 week ) but don't know when and in this days I can't watch the news, so I will play against that movement hoping to get the right time for pullback. It is a looser strategy generally, don't follow it, unless you did many years
I want to buy PATIENCE
- #880,327
- Mar 2, 2014 7:02pm Mar 2, 2014 7:02pm
- Joined Dec 2010 | Status: Trader | 1,021 Posts
{quote} Come to US bro' (im with you in this shorteeeey move)
I wonder if they gonna push it up hit all weak short before let it drop!
- #880,328
- Mar 2, 2014 7:10pm Mar 2, 2014 7:10pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #880,329
- Mar 2, 2014 7:49pm Mar 2, 2014 7:49pm
- | Joined Apr 2010 | Status: Trader | 1,488 Posts
{quote} So far shorts should be OK at 3855 for this week, and then from wherever it's going (should be around 3756), long next week into 3914... that's the plan.
Ups, we had 3756 already!
BTW batteries refreshed?
- #880,332
- Mar 2, 2014 8:09pm Mar 2, 2014 8:09pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #880,334
- Mar 2, 2014 8:15pm Mar 2, 2014 8:15pm
- Joined Dec 2010 | Status: Trader | 1,021 Posts
{quote} the end of where a price stop moving in one direction is a S/R line... everyone have different trend lines, but S/R lines are always there... look left... the more it stops there the more of a barrier it will be in future..
I guess it's just my dump luck today.
If I sell it went up, if I buy it went down Period!
like now .. I short GBP/JPY and it just went up...
Do the opposite of what I do .... you will make $$$
Look like people buying GBP for save haven
- #880,335
- Mar 2, 2014 8:26pm Mar 2, 2014 8:26pm
- | Joined Apr 2010 | Status: Trader | 1,488 Posts
{quote} I don't know.. I'll probably show up here during off hours or when flat.. I really don't need to carry around the mental baggage this thread creates while actively trading.
For me my charts were making me even more nervous, although they are quite good.
But at the moment I am enjoying davitīs template a lot (with a few essentials that I need), it makes me and my eyes happy -
Was looking for something like this for a very long time. Sometimes it is these small things that can make a day (or ruin it).
{quote} I guess it's just my dump luck today. If I sell it went up, if I buy it went down Period! like now .. I short GBP/JPY and it just went up... Do the opposite of what I do .... you will make $$$
listen to the seasoned traders (not me).. this is what you need to succeed...
1) find the target price (what ever voodoo)
2) find your stop loss (you can use the same voodoo)
3) size it to risk only 1%
4) repeat...
if you are not earning, you need to change your voodoo....
cheers...
it is highly likely that i'm wrong... so dont follow me!
{quote} forget about news and sentiment... it does not help in short term trades... I have MC because theoretically, if USD starts to print less USD, it should be valued higher. It is currently more than 500 pips higher than oct, since the announcement.. listen to the seasoned traders (not me).. this is what you need to succeed... 1) find the target price (what ever voodoo) 2) find your stop loss (you can use the same voodoo) 3) size it to risk only 1% 4) repeat... if you are not earning, you need to change your voodoo.... cheers...
K.I.S.S.
- #880,339
- Mar 2, 2014 8:47pm Mar 2, 2014 8:47pm
- Joined Dec 2010 | Status: Trader | 1,021 Posts
{quote} forget about news and sentiment... it does not help in short term trades... I have MC because theoretically, if USD starts to print less USD, it should be valued higher. It is currently more than 500 pips higher than oct, since the announcement.. listen to the seasoned traders (not me).. this is what you need to succeed... 1) find the target price (what ever voodoo) 2) find your stop loss (you can use the same voodoo) 3) size it to risk only 1% 4) repeat... if you are not earning, you need to change your voodoo.... cheers...
I guess what really safe me is that.
I have 3 accounts ...
Small account test the water first
like current in Trade Explorer!Bigger account wait for signal (since I know my luck are shit)
Bigger Bigger One wait even more!
- #880,340
- Mar 2, 2014 8:50pm Mar 2, 2014 8:50pm
- Joined Aug 2011 | Status: Trader | 4,956 Posts
As the lights go by so too do the shadows move