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  • #918,161
  • Aug 20, 2014 10:04pm Aug 20, 2014 10:04pm
Quoting Quickiepip
{quote}Showing my kids how to trade...and where to look. 1% 30 bucks??? I don't have that long to live, burn more in Hydro than make profit. I'm showing my kids how to take 30 dollars and turn it into 500+ before the end of the summer. I'm at 69 bucks... lol
Good lesson for your kids.....but my suggestion was not about the money, it was about learning first.......Of course trading $100000 is not the same as trading $30 (Mr Ego comes to play), but if we are able to take the importance out of the money, trading and being not able to lose $30 due to proper MM, trading and not losing $100000 would be the same.....First do not lose...
  • #918,162
  • Aug 20, 2014 10:08pm Aug 20, 2014 10:08pm
Quoting sherifFares
EUR/USD is keep going from one bearish trend to another. is it possible to see 1.3000 soon or what ?
we going back to 1.2xxxs! Maybe then the ECB will have there shit together
All posts are my personal opinion
  • #918,163
  • Aug 20, 2014 10:14pm Aug 20, 2014 10:14pm
Quoting MrNow
{quote} Good lesson for your kids.....but my suggestion was not about the money, it was about learning first.......Of course trading $100000 is not the same as trading $30 (Mr Ego comes to play), but if we are able to take the importance out of the money, trading and being not able to lose $30 due to proper MM, trading and not losing $100000 would be the same.....First do not lose...
I enjoy forex... even when I'm not trading at home I have the charts running in the background. It's like cooking... even with all the same ingredients we end up with very different products
I'll pick up the crumbs don't need the whole pie
  • #918,164
  • Aug 20, 2014 10:22pm Aug 20, 2014 10:22pm
EU retracement at 1.3295/00 as swing sell with TP1 1.3225/30 TP2 1.3210/15 TP3 1.3165/70..
As breakout buy with TP1 1.3315/20 TP2 1.3345/50 TP3 1.3370/75
  • #918,165
  • Aug 20, 2014 10:23pm Aug 20, 2014 10:23pm
Quoting Quickiepip
{quote} I enjoy forex... even when I'm not trading at home I have the charts running in the background. It's like cooking... even with all the same ingredients we end up with very different products
I love cooking too, thinking about it, I might cook tonight, I was thinking of "ossobuco"........The way I do it.....

Your analogy with trading holds.

Need to run...Chat @LO. ta

More reading:

http://blogs.wsj.com/economics/2014/...e-off-the-fed/
  • #918,166
  • Aug 20, 2014 10:57pm Aug 20, 2014 10:57pm
looks like we are on the move down.....3232 someone is about to turn on the lights
I'll pick up the crumbs don't need the whole pie
  • #918,167
  • Aug 20, 2014 11:05pm Aug 20, 2014 11:05pm
Some analysis
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-08-21_000515.png Size: 21 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #918,168
  • Aug 20, 2014 11:24pm Aug 20, 2014 11:24pm
Quoting gatorinla
{quote} the lower trend is strong. if i am going to long near 3232.. what i think has little to do with this trade. i am blindly following a strategy. when it dont work it looks like this https://www.youtube.com/watch?v=NShTpH9L0WI
So funny video, thanks for sharing.

I am still building the hope in upward move, getting more pain when it comes more down.
Attached Image
  • #918,169
  • Aug 21, 2014 12:15am Aug 21, 2014 12:15am
Quoting SukkimLama
{quote} So funny video, thanks for sharing. I am still building the hope in upward move, getting more pain when it comes more down. {image}
i take a shot now and then with no grand illusion. if it dont work, i am out.. no holding a loser..its counter and usually the wrong thing to do. i am waiting to s from higher. the only reason i went long was it was near 3232
those who can, do. those who cant, talk about those who can
  • #918,170
  • Aug 21, 2014 12:31am Aug 21, 2014 12:31am
just wait for the german pmi and you'll see euro going down again
  • #918,171
  • Aug 21, 2014 1:06am Aug 21, 2014 1:06am
Ok, I think we have a sustained uptrend in the making...maybe short lived, but I'm long at 1.3350 for bit.
  • #918,172
  • Aug 21, 2014 1:19am Aug 21, 2014 1:19am
Quoting gatorinla
{quote} i take a shot now and then with no grand illusion. if it dont work, i am out.. no holding a loser..its counter and usually the wrong thing to do. i am waiting to s from higher. the only reason i went long was it was near 3232
Is your higher 1.3269 or 1.3283?
Attached Image
  • #918,173
  • Edited 2:06am Aug 21, 2014 1:27am | Edited 2:06am
Quoting pedro319
{quote} EURUSD Building long position, closing all of them with a close below 1.3270 MS1. AUDUSD I expect to see 0.9215 3 Drives buy daily chart. Gold Price very close to last week lows which means anything can happen still. Copper Moving in favour of pattern posted , will see how far next move down goes to add longs. USDJPY Looking at Monthly R1 and Weekly R3 for possible shorts, it stands at 103.50/60
GOLD
Another reversal could happen here 1278, at 61.8 weekly ret, looking for reversal candle to get in and stops below.
EURUSD
Stopped out longs from yesterday and took 1 long from 1.3244 stops to BE.
AUDUSD
Going towards 0.9215
Copper
3.20 should be next after retracement.
USDJPY
Could still reverse down or at least re test Monthly R1 from the upside at 103.55 , we need reversal candle 4 hours chart.
We watch the charts from every angle so you don't have to!!
  • #918,174
  • Aug 21, 2014 1:27am Aug 21, 2014 1:27am
Bottoms comming in with less distance apart, strong bullish divergence 1H, EUROland open actually pushing up, last bottom at nasty demandzone, maybe we even got a selloff (no retraces), could be a start of a major correction and a retest of the breakout of weekly trendline but i do doubt that we will get that high.But i would expect at least 1.3470, if capped at 1,3416 the bearish trend will remain strong.

The selloff makes me think higher than a normal bounce to like 3326-3346, lets wait and see.
I could look like a fool and get all the posters after me that only comes out once a week and call everyone dumb for not doing it their way after the fact..

Anyway, still see some possibility down to 3235 area, would not be surprised if a sudden push down would happen.
I don't even have a cool signature
  • #918,175
  • Aug 21, 2014 1:29am Aug 21, 2014 1:29am
Quoting gatorinla
{quote} i take a shot now and then with no grand illusion. if it dont work, i am out.. no holding a loser..its counter and usually the wrong thing to do. i am waiting to s from higher. the only reason i went long was it was near 3232
How dare you, everyone is putting names and labels on those going long here, this is a clear case of shorts they say... stupid people go long...
I don't even have a cool signature
  • #918,176
  • Aug 21, 2014 1:32am Aug 21, 2014 1:32am
Quoting Perspolis
{quote} hi my friend do u understand why I went short on euro ? oscillator=bullshit=margin call good luck...
No.
My signature is: "Classified".
  • #918,177
  • Aug 21, 2014 1:34am Aug 21, 2014 1:34am
Talk around the web about fading dollar pre Yellen.. profittaking..bla bla bla..

EDIT: trading above Asia high,
I don't even have a cool signature
  • #918,178
  • Aug 21, 2014 1:34am Aug 21, 2014 1:34am
I don't trade this pair, but I've got eu at a potential major support level right where it is now, so shorts go carefully.
  • #918,179
  • Aug 21, 2014 1:42am Aug 21, 2014 1:42am
Quoting MaxDoom
I have my eye on 3240/70 zone...
3241 it was
  • #918,180
  • Aug 21, 2014 1:44am Aug 21, 2014 1:44am
Attached Image (click to enlarge)
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YIII HAAAW! If thats not enough, IVE GOT MORE WHERE THATS COMING FROM!

DOWN YOU GO BOY! YIIII HAW!

(I wonder if i drank too much coffee this morning)

(6-12 espressos, thats about human dosage right?)

Im at less then 0.2% drawdown so far! Gimme more!
My signature is: "Classified".
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