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  • #895,061
  • May 6, 2014 12:14am May 6, 2014 12:14am
Quoting math_GB
{quote} And excuse me... Who are you...? Advice...? You will do lot of more money...? Oh my... What has this place come to...???!!?? This is an open forum where everyone shares their market view and trading ideas mate, but you are certainly not in a position to give advice to anyone. No one is...! There are many newbies coming here and looking for a succesful trader to follow their trading strategy and hoping to make money. With posts like yours, they lose whatever left on their account. Will you be able to compensate anyone's losses if you are...
That sounds to me, that you are another one of the EU sellers, USD buyers ... ok, good luck, see you @1.44 in next 2 months

I, as anyother one here in FF, write out my views, most of them wrigth, if you want to use them ... ok ... if you don't want to use them ... also ok.

The problem here @ FF it's that when someone like me write something like:

"I expect a pullback to 1.3850-1.3840 zone, then push up till 1.3972-1.4043" ... newbies, and no so newbies ..., try to catch the drop to 1.3840 from where we are now 1.3880 ... AND THAT's the BIG ERROR, I'm not telling you to sell ... I'm telling you TO BUY @1.3840 level if reached, if not reached ... ok ... another one will come
  • #895,062
  • May 6, 2014 12:15am May 6, 2014 12:15am
Quoting Kanzler
{quote} Just another way of saying you don't really know where the turning point is otherwise you'd go all in and exit where you know you're wrong. Unless you're trading billions, I mean, at which scaling in is simply necessary to fill the position. Losers average losers has been one of the few trading expressions that seem to have held true over time.
even if you know the big trend, nobody ever knows where the exact turning point is.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #895,063
  • May 6, 2014 12:15am May 6, 2014 12:15am
Quoting ill_be_back
Long EA @ 1.49524
SL BE
A good trader follows his rules, but great trader knows when to break them
  • #895,064
  • May 6, 2014 12:16am May 6, 2014 12:16am
Quoting ffleo
{quote} even if you know the big trend, nobody ever knows where the exact turning point is.
I mean nobody ever know. If someone says he knows. That is fucking bullshit.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #895,065
  • May 6, 2014 12:16am May 6, 2014 12:16am
Quoting ffleo
{quote} do you have long and short positions at the same time?
normally no, but most of my longs hit TP today, still have 10% running with TP at .8735. Stop at BE, I don't close early.

My short triggered at .8783, so I am not hedging, just both trades happened to trigger. NZDUSD looks to consolidate between .85-.8740 in the near term so that is what I am playing.
  • #895,066
  • May 6, 2014 12:16am May 6, 2014 12:16am
Quoting ffleo
{quote} even if you know the big trend, nobody ever knows where the exact turning point is.
I don't know where the market is always going to go, but my entries are always very precise...i.e, calling tops and bottoms. Sign me up for some 'bullshit', lol.

Quoting rbetancor
{quote} That sounds to me, that you are another one of the EU sellers, USD buyers ... ok, good luck, see you @1.44 in next 2 months I, as anyother one here in FF, write out my views, most of them wrigth, if you want to use them ... ok ... if you don't want to use them ... also ok. The problem here @ FF it's that when someone like me write something like: "I expect a pullback to 1.3850-1.3840 zone, then push up till 1.3972-1.4043" ... newbies, and no so newbies ..., try to catch the drop to 1.3840 from where we are now 1.3880 ... AND THAT's the BIG ERROR, I'm not telling you to sell ... I'm telling you TO BUY @1.3840 level if reached, if not reached ... ok ... another one will come
Baloney.
  • #895,067
  • May 6, 2014 12:18am May 6, 2014 12:18am
Quoting Kanzler
{quote} I don't know where the market is always going to go, but my entries are always very precise...i.e, calling tops and bottoms.
that is bullshit. I am saying you are bullshitting here
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #895,068
  • May 6, 2014 12:18am May 6, 2014 12:18am
Quoting ffleo
{quote} I mean nobody ever know. If someone says he knows. That is fucking bullshit.
if you are willing to be wrong 80% of the time and use pending orders, it isn't hard to call turning points ...

Quoting Kanzler
{quote} I don't know where the market is always going to go, but my entries are always very precise...i.e, calling tops and bottoms.
This ... plus pending orders and willingness to be wrong and walk away.
  • #895,069
  • May 6, 2014 12:18am May 6, 2014 12:18am
Quoting ffleo
{quote} that is bullshit. I am saying you are bullshitting here
That's fine, I don't really care.

Quoting Kanzler
Exited my EU short for roughly 6.5% profit on 0.5% risk. {image}
See, I posted this a week ago and nobody bats an eye. It's all about high risk low reward for most here.
  • #895,070
  • May 6, 2014 12:20am May 6, 2014 12:20am
no point in chasin your tail for trends in this rangey market. i was never good at range trading.

stake out a few levels that put the trend in play and wait for em to break. the challenge is being patient.

thank the trading gods for the range...at least now you can clearly see the level that must break for the breakout to be obvious
Twitter: @TrendersGame
  • #895,071
  • May 6, 2014 12:21am May 6, 2014 12:21am
Quoting slow-trader
{quote} if you are willing to be wrong 80% of the time and use pending orders, it isn't hard to call turning points ... {quote} This ... plus pending orders and willingness to be wrong and walk away.
I called the bottom of aussie months ago. I also call the current top last month. I called many turning point of spx already. But I wont say I can precisely make calls. Nobody ever can. That is bullshit.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #895,072
  • May 6, 2014 12:24am May 6, 2014 12:24am
Quoting ffleo
{quote} I called the bottom of aussie months ago. I also call the current top last month. I called many turning point of spx already. But I wont say I can precisely make calls. Nobody ever can. That is bullshit.
okay, so some may be better than you at calling more precise calls. as long as you are doing what you want to do and profitable, why does it matter. I make precise calls every day in my trades, most of them are pending orders, and within pips. Sometimes I lose but I win over all.

let others trade their game and you trade yours, if you are doing good, what does it bother what others say/do?
  • #895,073
  • May 6, 2014 12:27am May 6, 2014 12:27am
Quoting slow-trader
{quote} okay, so some may be better than you at calling more precise calls. as long as you are doing what you want to do and profitable, why does it matter. I make precise calls every day in my trades, most of them are pending orders, and within pips. Sometimes I lose but I win over all. let others trade their game and you trade yours, if you are doing good, what does it bother what others say/do?
do you think it is necessary to hold both longs and shorts on the same pair at the same time? Cause I do not
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #895,074
  • May 6, 2014 12:29am May 6, 2014 12:29am
Quoting ffleo
{quote} do you think it is necessary to hold both longs and shorts on the same pair at the same time? Cause I do not
Still not sure how you're going to stand by your assertion that people who are precise in their entries are "bullshit" when I just posted evidence to the contrary.
  • #895,075
  • May 6, 2014 12:30am May 6, 2014 12:30am
Quoting Kanzler
{quote} Still not sure how you're going to stand by your assertion that people who are precise in their entries are "bullshit" when I just posted evidence to the contrary.
ok, you can enter at precise price and calling top and bottom. Then why do you use stop? Or you do not use stop at all?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #895,076
  • May 6, 2014 12:31am May 6, 2014 12:31am
Quoting ffleo
{quote} do you think it is necessary to hold both longs and shorts on the same pair at the same time? Cause I do not
I think the mistake you are making is equating to separate trades and two separate strategies as 'one of the same'.

I am not shorting to counter my long, they are two separate trades with two separate analyses and two separate goals .

I don't know how else to explain it.

My longs had a target, it was reached, but one of them still have a target. So that target didn't hit, so it is still open. A shorter term analysis that takes away from my bullish setup in NZD shows possible consolidation and the NZDUSD going to the lower .85's.


If you don't see that it is necessary, good for you, but than it obviously doesn't fit your plan. If your plan works, GREAT! I am happy for you, my plans work great for me, so let it be!
  • #895,077
  • May 6, 2014 12:33am May 6, 2014 12:33am
Quoting slow-trader
{quote} okay, so some may be better than you at calling more precise calls. as long as you are doing what you want to do and profitable, why does it matter. I make precise calls every day in my trades, most of them are pending orders, and within pips. Sometimes I lose but I win over all. let others trade their game and you trade yours, if you are doing good, what does it bother what others say/do?
suppose you have 10 longs going on and you enter one short at some price. You equivalently have just 9 longs going on. Why not just close one long at that price you enter one short?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #895,078
  • May 6, 2014 12:34am May 6, 2014 12:34am
Quoting ffleo
{quote} ok, you can enter at precise price and calling top and bottom. Then why do you use stop? Or you do not use stop at all?
I always use a stop, and in fact I included that in the image attached. I use a stop because it's uncertain. Perhaps that's where the confusion is; nobody can determine a turning point with absolute certainty. But with confidence and precision? Absolutely. Just not 100% confidence, that becomes foolish, even with insider information.
  • #895,079
  • May 6, 2014 12:36am May 6, 2014 12:36am
In fact, here's another trade I was behind the 8 ball on today. Missed it by a pip or two for a dumb reason, but the point stands.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym5.png Size: 58 KB
  • #895,080
  • May 6, 2014 12:36am May 6, 2014 12:36am
Quoting Kanzler
{quote} I always use a stop, and in fact I included that in the image attached. I use a stop because it's uncertain. Perhaps that's where the confusion is; nobody can determine a turning point with absolute certainty. But with confidence and precision? Absolutely. Just not 100% confidence, that becomes foolish, even with insider information.
You really confuse people here. You just said a couple post ago you can precisely call a turning point. And now you say you cannot. You are really joking here.
ignore wackos and psychos, including myself. But I can't add myself to iggy
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