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  • #924,441
  • Sep 17, 2014 7:23am Sep 17, 2014 7:23am
Quoting Pipmuch
{quote} Are you part of dr forex community with reference to your status? just wondering
I've not heard of the community, so unfortunately not. I just like the book.... although it's been a while since I've read it again. May need to do that.
A pip is only worth it if you know how much you risked to earn it
  • #924,442
  • Sep 17, 2014 7:27am Sep 17, 2014 7:27am
Quoting kewell
Took a Long on 1.2952 with tight SL Hope this time going to 1.3000
Should i hold or tp ? scared of news in 5 minute
  • #924,443
  • Sep 17, 2014 7:27am Sep 17, 2014 7:27am
Quoting OnlineAddict
{quote} From where.
Well it is complicated, I got a long that I keep but I also did some intraday trading. I started to buy around 1.2950 but overall my entry is lower than that.
  • #924,444
  • Sep 17, 2014 7:28am Sep 17, 2014 7:28am
Quoting kewell
{quote} Should i hold or tp ? scared of news in 5 minute
You can put the SL at 2949...no risk at all.
Everyone can see the chart, but only a few can actually read it.
  • #924,445
  • Sep 17, 2014 7:28am Sep 17, 2014 7:28am
Quoting 21vs7
{quote} All 100% crystal balls are dangerous..its easy to have 17/17 170/170 is something else..but still depends on a system and so forth. Im sure excellent longterm systems are not 100% profitable. This is just utopia which you accept at the beginning but when one gets wiser one question sort of statements. FOMC does interesting things, yes.
If you were holding a position (long or short), and your stop was within 30 pips of the price @ FOMC, would you keep that stop in place?

Chances are you would lose your stop.

That's the point.
  • #924,446
  • Sep 17, 2014 7:29am Sep 17, 2014 7:29am
Quoting Imaywin
{quote} Well it is complicated, I got a long that I keep but I also did some intraday trading. I started to buy around 1.2950 but overall my entry is lower than that.
Well, good luck, I wouldn't mind if it went up, even above 1.3, but for a short. Still not confident about buying.
Everyone can see the chart, but only a few can actually read it.
  • #924,447
  • Sep 17, 2014 7:29am Sep 17, 2014 7:29am
Quoting CandleStar
We had FOMCs where pa did nothing. The next time it was freaking out.
Please point me in the direction of an FOMC that did nothing in the last 4 years.
  • #924,448
  • Sep 17, 2014 7:29am Sep 17, 2014 7:29am
Quoting kewell
{quote} Should i hold or tp ? scared of news in 5 minute
I would be scared if I was short.
  • #924,449
  • Sep 17, 2014 7:30am Sep 17, 2014 7:30am
Ouch !!!! Monthly Deflation in US.
  • #924,450
  • Sep 17, 2014 7:31am Sep 17, 2014 7:31am
"Great" news, should give another short opportunity...hoping for 2980-90.

EU loves the lines.

Attached Image (click to enlarge)
Click to Enlarge Name: lines.png Size: 19 KB
Everyone can see the chart, but only a few can actually read it.
  • #924,451
  • Sep 17, 2014 7:31am Sep 17, 2014 7:31am
Ok I don't know if FOMC statement is already written but if it is not then don't count on hawkish Fed.
  • #924,452
  • Sep 17, 2014 7:32am Sep 17, 2014 7:32am
Quoting Imaywin
Ouch !!!! Monthly Deflation in US.
Recent news is starting to certainly hint that all in the US isnt roses and daisies isnt it?

UJ is building a hell of a resistance too...
  • #924,453
  • Sep 17, 2014 7:32am Sep 17, 2014 7:32am
GBPUSD
Completing ABCD 4 hours chart 1.618 + weekly R1 + 50 % Ret swing from 1.66 to bottom.
We watch the charts from every angle so you don't have to!!
  • #924,454
  • Sep 17, 2014 7:32am Sep 17, 2014 7:32am
One reason why the US Dollar is having a tuff time @ 84.32, it kissed the 61.8 Gann fan angle.
Attached Image (click to enlarge)
Click to Enlarge Name: usdx 9-17-14.png Size: 204 KB
"W. D. Gann said that time is the most important factor among all things."
  • #924,455
  • Sep 17, 2014 7:34am Sep 17, 2014 7:34am
Quoting OnlineAddict
{quote} You can put the SL at 2949...no risk at all.
OMG I AM SO REGRET, i TP half of my lot before spike up.. =.=
  • #924,456
  • Sep 17, 2014 7:35am Sep 17, 2014 7:35am
Quoting Pharm0r
{quote} Recent news is starting to certainly hint that all in the US isnt roses and daisies isnt it? UJ is building a hell of a resistance too...
Stunning data, well at least it should keep e/u above 1.2950 100% sure until FOMC, laters gents Im out.
  • #924,457
  • Sep 17, 2014 7:39am Sep 17, 2014 7:39am
Quoting Imaywin
{quote} Stunning data, well at least it should keep e/u above 1.2950 100% sure until FOMC, laters gents Im out.
Never say 100% in forex...bad luck.
Everyone can see the chart, but only a few can actually read it.
  • #924,458
  • Sep 17, 2014 7:41am Sep 17, 2014 7:41am
Quoting Magicmen
{quote} I will switch to short at 2973
Did not close my long coz it was not straight to 2973. New TP 2984 SL 2960
  • #924,459
  • Sep 17, 2014 7:42am Sep 17, 2014 7:42am
Any 2nd wave to spike up ?
  • #924,460
  • Sep 17, 2014 7:42am Sep 17, 2014 7:42am
You guys TPed the Long or hold it ?
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