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  • #889,261
  • Apr 11, 2014 3:38am Apr 11, 2014 3:38am
Quoting dichev
{quote} artocarpus, its friday! and you have all day long to trade...
When is Draghi speaking?
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #889,262
  • Apr 11, 2014 3:39am Apr 11, 2014 3:39am
Short EA doing alright, 30 green pips so far, sl to be
New voice message: Why are you calling me? If I need you, I'll call you!
  • #889,263
  • Apr 11, 2014 3:43am Apr 11, 2014 3:43am
Quoting Nocturnes
{quote} When is Draghi speaking?
saturday 4pm gmt
close your longs buddy
its very dangerous
  • #889,264
  • Apr 11, 2014 3:43am Apr 11, 2014 3:43am
Quoting Nocturnes
{quote} When is Draghi speaking?
16:00EMUEURECB President Draghi's Speech saturday

he is not imortant. its all from the charts now.
  • #889,265
  • Apr 11, 2014 3:47am Apr 11, 2014 3:47am
Quoting KillerWhale
{quote} Who are you trying to fool? Those horizontal lines on your charts are indicators!
Oh yea, and those candles too, DAMN. Almost had you there.
All posts are my personal opinion
  • #889,266
  • Apr 11, 2014 3:48am Apr 11, 2014 3:48am
Quoting Nocturnes
{quote} True but 50% of you guys who say to be real traders forecast it to go above 1.4 while the other 50% of you expert traders say its going to hit 1.6-1.7. To me, there is always 50% chance at this stage...nobody knows...thats as sure as it gets... I've seen 10 chars in a row here telling us its going to go up while it dropped as hell, and vica versa...al by known forum members telling us they are pro. I'm just saying, at this stage...that for 90% its gambling at this point...don't feel attacked by it and don't be mad about my argument. 1000...
I personally don't care about what others do or think.

I have a much simpler approach, mind you that 99% of my orders are 'pending' ... i think that is the BIGGEST mistake made by traders .. entering at market. I hardly every enter at market unless I see a good setup or riding the momentum of a post-news spike/tumble.

The lack of patience is what kills a trader, not a lack of intelligence, we are all smart ... none are much smarter than others ... after a basic level of intelligence, anything more in marginal ...

When I first started trading, the first couple years I never used a SL and when I took a loss ... I spent the next week chasing to make back what I lost to just lose more ... it hurt ... now I don't have feelings , if I am wrong ... meh
  • #889,267
  • Apr 11, 2014 3:49am Apr 11, 2014 3:49am
price action on euro looks weak. Could get rejected. Having said that, still a chance to shoot for 3950-4000 area if decisive break materializes.
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  • #889,268
  • Apr 11, 2014 3:49am Apr 11, 2014 3:49am
another reason for a bearish view today is that
many longs take profits today, be aware of draghi speak
tomorrow
  • #889,269
  • Apr 11, 2014 3:50am Apr 11, 2014 3:50am
Quoting Matts Micro
{quote} Yah it could go well. EJ has hrly bull BO and GJ is on pullback/possible reversal from demand levels of daily wedge. It all could be reaction of the levels hit though so I am waiting for more confirmation, possibly not till monday.
I am going to place a buy stop order @ 89 risking 59 pips.
Wherever you go, there you are.
  • #889,270
  • Apr 11, 2014 3:51am Apr 11, 2014 3:51am
Quoting slow-trader
{quote} I personally don't care about what others do or think. I have a much simpler approach, mind you that 99% of my orders are 'pending' ... i think that is the BIGGEST mistake made by traders .. entering at market. I hardly every enter at market unless I see a good setup or riding the momentum of a post-news spike/tumble. The lack of patience is what kills a trader, not a lack of intelligence, we are all smart ... none are much smarter than others ... after a basic level of intelligence, anything more in marginal ... When I first started trading,...
This is one cool statement! Light in the darkness. Cheers!
  • #889,271
  • Apr 11, 2014 3:52am Apr 11, 2014 3:52am




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Timing
  • #889,272
  • Apr 11, 2014 3:53am Apr 11, 2014 3:53am
Quoting milam
{quote} I am going to place a buy stop order @ 89 risking 59 pips.
Shorted @ 101.75 #Open SL> 85
Don't be smart. Be rich.
  • #889,273
  • Apr 11, 2014 3:53am Apr 11, 2014 3:53am
Quoting slow-trader
{quote} I personally don't care about what others do or think. I have a much simpler approach, mind you that 99% of my orders are 'pending' ... i think that is the BIGGEST mistake made by traders .. entering at market. I hardly every enter at market unless I see a good setup or riding the momentum of a post-news spike/tumble. The lack of patience is what kills a trader, not a lack of intelligence, we are all smart ... none are much smarter than others ... after a basic level of intelligence, anything more in marginal ... When I first started trading,...

I'm also at that stage now, i have my orders open all week now, didn't change a thing about my sl & tp. I'm going to carry them overweekend and according to me...sundaynight, mondaymorning, a small hit will occur. Up or Down...doesn't mather...
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #889,274
  • Apr 11, 2014 3:53am Apr 11, 2014 3:53am
is there any ea that adjust profit target price for all open orders?If anyone has similar to what I am looking for ,could u please share it?
Many thanks
  • #889,275
  • Apr 11, 2014 3:53am Apr 11, 2014 3:53am
Quoting slow-trader
{quote}The lack of patience is what kills a trader, not a lack of intelligence, we are all smart ... none are much smarter than others
Are you sure about that?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #889,276
  • Apr 11, 2014 3:55am Apr 11, 2014 3:55am
Quoting KillerWhale
{quote} Are you sure about that?

Depends on how you look at it...I've seen very smart people in my life....yet once they talk they sound very stupid. Not using your abilities while having capabilities...that is stupid.
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #889,277
  • Apr 11, 2014 3:57am Apr 11, 2014 3:57am
Quoting ruffryders
price action on euro looks weak. Could get rejected. Having said that, still a chance to shoot for 3950-4000 area if decisive break materializes. {image}
risk/reward is slowly shifting towards short selling the market. Picking singificant tops is not a decent strategy, however starting to look out for price weakness @ 3950-4050 and short selling then upon reversal good yield good results.

CHF does look like more room left to go lower yet, however any downside is limited by 150-160 points now.
  • #889,278
  • Apr 11, 2014 3:58am Apr 11, 2014 3:58am
Quoting Nocturnes
{quote} Depends on how you look at it...I've seen very smart people in my life....yet once they talk they sound very stupid. Not using your abilities while having capabilities...that is stupid.
yous confusing IQ with EQ. Smooth talkers are not necessarily the smartest pack. However, I prefer EQ over IQ still.
  • #889,279
  • Apr 11, 2014 3:58am Apr 11, 2014 3:58am
Quoting maximinus
{quote} Shorted @ 101.75 #Open SL> 85
Then I would like it to go down so you can take profit, then turn, my order triggered and profit, lunch is on me...
Wherever you go, there you are.
  • #889,280
  • Apr 11, 2014 3:59am Apr 11, 2014 3:59am
Quoting KillerWhale
{quote} Are you sure about that?
Yes I am
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