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  • #897,801
  • May 15, 2014 2:41am May 15, 2014 2:41am
The EJ retraced quite nicely, so have jumped on a short with close stop... Its cruising down now.
  • #897,802
  • May 15, 2014 2:41am May 15, 2014 2:41am
Quoting Davit
{quote} You remind me of Jesse Livermore Keep adding to it once old once are in profit. Only idiots don't see the profound beauty there $$. You have no idea how much I regretted getting out early... I remember Ruffryder and company chastising us Bears.Look who is laughing now.The true idiots. Regards
compounding is great if you are on a run but of course in a range will wipe out all the gain quick enough....

in this case my largest entries are the initial ones that way it is safer to make the adds without putting it all back on the line, and I did take a small chunk off at one point at the first consolidation level, right now the position is significant and I am looking to see just how many stops there are below 3670.
  • #897,803
  • May 15, 2014 2:46am May 15, 2014 2:46am
Quoting JohnIsShort
hmm. {image} {image} {image}
I am so sorry
  • #897,804
  • May 15, 2014 2:47am May 15, 2014 2:47am
eurusd, Its just about sitting on the 200sma right now. D1 timeframe. Maybe a retrace?
  • #897,805
  • May 15, 2014 2:48am May 15, 2014 2:48am
Quoting JohnIsShort
hmm. {image} {image} {image}
where is your stop?
  • #897,806
  • May 15, 2014 2:48am May 15, 2014 2:48am
"La vanguardia says ECB is planning another 3Y LTRO worth 1 Trillion Euros "
  • #897,807
  • May 15, 2014 2:49am May 15, 2014 2:49am
Quoting JohnIsShort
hmm. {image} {image} {image}
F1 key
All posts are my personal opinion
  • #897,808
  • May 15, 2014 2:50am May 15, 2014 2:50am
Quoting MaxDoom
{quote} where is your stop?
70
  • #897,809
  • May 15, 2014 2:50am May 15, 2014 2:50am
Quoting ahteddy
{quote} Hi Davit, Yes I remembered those moments. To each its own opinion = hence a marketplace Actually mid term wise, it looks like a range.. until we can significantly break this very current level (1.366)... which is being tested as we write this post. I started my short campaign from .38xx... submitting to ultimate close term fundamentals.
Here is the thing lot of people just don't get.Every trend gets exhausted and runs out of gas.It truly pisses me off when I am shorting trend fanatics keep mentioning its going 142 1.45 150 and I kept saying well current fundamentals don't support those numbers hence why I was shorting.
Just because TL is pointing 1.45 does not mean it will get there.
We are here to make money not fking draw lines and assume those lines are gonna get connected in imaginary future.That's when real street smart traders are killing the naive chartists.
Anyway regards
In trading, you have to be defensive and aggressive at the same time
  • #897,810
  • May 15, 2014 2:51am May 15, 2014 2:51am
Quoting JohnIsShort
"La vanguardia says ECB is planning another 3Y LTRO worth 1 Trillion Euros "
that is euro positive...time to be very careful...I would by around 13670 with tight stop loss
  • #897,811
  • May 15, 2014 2:52am May 15, 2014 2:52am
Quoting MaxDoom
{quote} compounding is great if you are on a run but of course in a range will wipe out all the gain quick enough.... in this case my largest entries are the initial ones that way it is safer to make the adds without putting it all back on the line, and I did take a small chunk off at one point at the first consolidation level, right now the position is significant and I am looking to see just how many stops there are below 3670.
Hi Max,

Yes prefer a heavy start than a heavy bottom; but the risks are great and not everyone can stomach that risk appetite.

Where is your intended TP level, if you don't mind sharing?
Go with the flow.
  • #897,812
  • May 15, 2014 2:52am May 15, 2014 2:52am
if 1.3675 cannot hold the down move, we would be seeing 1.3525.
  • #897,813
  • May 15, 2014 2:53am May 15, 2014 2:53am
Quoting Greener
{quote} that is euro positive...time to be very careful...I would by around 13670 with tight stop loss
small long tp 13800, let's see how it goes
  • #897,814
  • May 15, 2014 2:55am May 15, 2014 2:55am
Quoting Davit
{quote} Here is the thing lot of people just don't get.Every trend gets exhausted and runs out of gas.It truly pisses me off when I am shorting trend fanatics keep mentioning its going 142 1.45 150 and I kept saying well current fundamentals don't support those numbers hence why I was shorting. Just because TL is pointing 1.45 does not mean it will get there. We are here to make money not fking draw lines and assume those lines are gonna get connected in imaginary future.That's when real street smart traders are killing the naive chartists. Anyway...
glad i didn't touched it this time
  • #897,815
  • May 15, 2014 2:55am May 15, 2014 2:55am
Quoting Davit
{quote} Here is the thing lot of people just don't get.Every trend gets exhausted and runs out of gas.It truly pisses me off when I am shorting trend fanatics keep mentioning its going 142 1.45 150 and I kept saying well current fundamentals don't support those numbers hence why I was shorting. Just because TL is pointing 1.45 does not mean it will get there. We are here to make money not fking draw lines and assume those lines are gonna get connected in imaginary future.That's when real street smart traders are killing the naive chartists. Anyway...
Agreed, those people looking too much into weekly and monthly charts.....the problem is you have to take into account the swings on Dailys first....the lines in the sand become just that
  • #897,816
  • May 15, 2014 2:56am May 15, 2014 2:56am
rat
  • #897,817
  • May 15, 2014 2:57am May 15, 2014 2:57am
Quoting Davit
{quote} Here is the thing lot of people just don't get.Every trend gets exhausted and runs out of gas.It truly pisses me off when I am shorting trend fanatics keep mentioning its going 142 1.45 150 and I kept saying well current fundamentals don't support those numbers hence why I was shorting. Just because TL is pointing 1.45 does not mean it will get there. We are here to make money not fking draw lines and assume those lines are gonna get connected in imaginary future.That's when real street smart traders are killing the naive chartists. Anyway...
Davit,

LOL! Epic comments on "We are here to make money not fking draw lines".

You should trademark this sentence. Who knows it might be worth millions someday.

J
Go with the flow.
  • #897,818
  • May 15, 2014 2:57am May 15, 2014 2:57am
Quoting JohnIsShort
you want to trade with this idiots who are selling
I should post this now
Attached Image
  • #897,819
  • May 15, 2014 2:57am May 15, 2014 2:57am
I will speculate $1.3640 is the final target for this bear trend to finally ends! if i was correct - price will touch there for few minutes and bounce back up almost same day ... i will give a try for a long position for 15 pips stop lose

@MaxDoom, Good morning - i see you are having much fun early on the morning.
"It's the Margin, Stupid."
  • #897,820
  • May 15, 2014 2:57am May 15, 2014 2:57am
my stop got hit but this is a bottom guys though
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