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  • #884,841
  • Mar 20, 2014 9:55am Mar 20, 2014 9:55am
Hahaha.. guess what I found..

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  • #884,842
  • Mar 20, 2014 9:57am Mar 20, 2014 9:57am
Quoting tomspin
{quote} From ?
above 6700 held for weeks. still kept some open, will gradually close step by step to 6300. it may bounce, i will load back part of what has been closed on bounces
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #884,843
  • Mar 20, 2014 10:00am Mar 20, 2014 10:00am
don't understand why some traders don't join circus rather than coming here.
  • #884,844
  • Mar 20, 2014 10:00am Mar 20, 2014 10:00am
Quoting ffleo
{quote} above 6700 held for weeks. still kept some open, will gradually close step by step to 6300. it may bounce, i will load back part of what has been closed on bounces
You wrote you use pivots was wondering how do you use them and what kind of move was that, monthly or weekly, I assume these were monthly?
swing it!
  • #884,845
  • Mar 20, 2014 10:00am Mar 20, 2014 10:00am
HOW TO SURVIVE A BEAR ENCOUNTER:

1. KEEP YOUR SL OUT OF REACH FROM BEARS
2. KEEP A CLEAN ORDERBOOK (STAY IN SIDELINES)
3. AVOID SURPRISING A BEAR WITH 6 WEEKS LONG

http://blog.merrell.com/us/en/advice...r/?CID=taboola

FINAL TIPS FOR BEAR SAFETY
Staying safe when you’re camping in bear country is as simple as using common trading sense. Most bears won't attack unless provoked with bull spikes or protecting 1.40, so following these tips for bear safety should help you stay out of their way. Be sure to tell your mommy about any bear activity you experience.
  • #884,846
  • Mar 20, 2014 10:03am Mar 20, 2014 10:03am
and there are some who have broken their account so many times that they come here and ask questions on technicals. lol place this is
  • #884,847
  • Mar 20, 2014 10:04am Mar 20, 2014 10:04am
Quoting giveachance
don't understand why some traders don't join circus rather than coming here.
you're either constipated or you're taking yourself too seriously. have some laughs, life's short.
  • #884,848
  • Mar 20, 2014 10:06am Mar 20, 2014 10:06am
You know the one thing i hate about threads like this. Before the bears took over when it was at the 1.39 mark ppl were talking about going upwards to 1.4 just 1 or 2 pages back. When the bears came in suddenly out of the blue everyone is like oh i'm in the short trade now no more talks of their longs.
  • #884,849
  • Mar 20, 2014 10:06am Mar 20, 2014 10:06am
Quoting tomspin
{quote} You wrote you use pivots was wondering how do you use them and what kind of move was that, monthly or weekly, I assume these were monthly?
now the euro price is below both next month pivot point and next weekly pivot point, and we are close to week end and month end. normally price try not to miss the pivot during the week and the month. so likely price will bounce before drop again if it indeed continues drop. if price does miss the pivot for the week or the month, it is very rare it miss next week pivot or next month pivot again twice in a row. i have not find a data that price miss pivot 3 times in a row.

this rule of thumb apples to daily, or 4hrs too.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #884,850
  • Mar 20, 2014 10:08am Mar 20, 2014 10:08am
Quoting attila
Hahaha.. guess what I found.. {image}
super
  • #884,851
  • Mar 20, 2014 10:08am Mar 20, 2014 10:08am
Quoting forex_fairy
You know the one thing i hate about threads like this. Before the bears took over when it was at the 1.39 mark ppl were talking about going upwards to 1.4 just 1 or 2 pages back. When the bears came in suddenly out of the blue everyone is like oh i'm in the short trade now no more talks of their longs.

ya because everyday is not the same in forex. fed actually did not say anything different than before even that triggered a strong sell signal and caused traders to reverse their strategy. I was also in the camp of 1.40+ but revised my strategy after fed
  • #884,852
  • Mar 20, 2014 10:10am Mar 20, 2014 10:10am
Quoting MaxDoom
{quote} super
will release the rest of the gallery at the appropriate times..
  • #884,853
  • Mar 20, 2014 10:12am Mar 20, 2014 10:12am
Quoting forex_fairy
You know the one thing i hate about threads like this. Before the bears took over when it was at the 1.39 mark ppl were talking about going upwards to 1.4 just 1 or 2 pages back. When the bears came in suddenly out of the blue everyone is like oh i'm in the short trade now no more talks of their longs.
people see what they want to see, some of us shorted above 1.39 in the last couple of days and also back at the beginning of March.....
  • #884,854
  • Mar 20, 2014 10:12am Mar 20, 2014 10:12am
Quoting giveachance
{quote} ya because everyday is not the same in forex. fed actually did not say anything different than before even that triggered a strong sell signal and caused traders to reverse their strategy. I was also in the camp of 1.40+ but revised my strategy after fed


so how much of a loss did you take?

In short well how should i put it. It really isn't about predicting things.
  • #884,855
  • Mar 20, 2014 10:16am Mar 20, 2014 10:16am
Quoting attila
{quote} you're either constipated or you're taking yourself too seriously. have some laughs, life's short.
For the other its way too long
COT: The precious data ignored
  • #884,856
  • Mar 20, 2014 10:16am Mar 20, 2014 10:16am
Quoting forex_fairy
{quote} so how much of a loss did you take? In short well how should i put it. It really isn't about predicting things.
give a little mercy to givealittlechance, or he will change his name to givealittlemercy
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #884,857
  • Mar 20, 2014 10:19am Mar 20, 2014 10:19am
Quoting forex_fairy
{quote} so how much of a loss did you take? In short well how should i put it. It really isn't about predicting things.
well I can tell you I did not take loss but profits on some of my trades got reduced.
  • #884,858
  • Mar 20, 2014 10:20am Mar 20, 2014 10:20am
Quoting ffleo
{quote} now the euro price is below both next month pivot point and next weekly pivot point, and we are close to week end and month end. normally price try not to miss the pivot during the week and the month. so likely price will bounce before drop again if it indeed continues drop. if price does miss the pivot for the week or the month, it is very rare it miss next week pivot or next month pivot again twice in a row. i have not find a data that price miss pivot 3 times in a row.
It really depend on your targets and needs, If I could recommend use one, dont use intra weekly and monthly at the same time, If you are in america place monthly and sleep well, be ready to adjust your size for up to 30 pips stops and have a go.Make sure your mid ones are on the chart as well, very often main swings during the month happen between them.
Don't overcomplicate it, R1->S1 and mids, I do not look at the back pivots at all,for me it is about current leg between two, maybe I will now.
Patience is a good thing, congrats
swing it!
  • #884,859
  • Mar 20, 2014 10:20am Mar 20, 2014 10:20am
fyi.. metals (futures) found some buyers, and crude is starting to drop again..
  • #884,860
  • Mar 20, 2014 10:41am Mar 20, 2014 10:41am
Quoting forex_fairy
{quote} so how much of a loss did you take? In short well how should i put it. It really isn't about predicting things.
Just so you know my 2 lt trades closed profitably as I was closing the SL as the range was becoming smaller. And I took a couple of healthy short trades too. I am very happy with this month so far, thanks for asking.
As the lights go by so too do the shadows move
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