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  • #938,121
  • Nov 22, 2014 2:21pm Nov 22, 2014 2:21pm
Quoting Chicky
{quote}Latest version of Never Ending Story One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management.
Thanks, Chicky. I am happy with my excellent MM method that returns 3-4% per month. More in some months. Then greed kicks in and I think, "Hey, I can easily make much more!" Your words help me stay on my MM plan. Hell, take out a calculator. Take 1,000 times 1.03 to the 12th power. That's a 42.5% increase in a year. Sweet.
  • #938,122
  • Nov 22, 2014 3:13pm Nov 22, 2014 3:13pm
Quoting Chicky
List of trading bullshits: Trend Trend Line HH, LL, LH, HL Open, Close, High, Low Spike H&S, Bat, 123, Waves, MA, SMA, Cup and Handle and other similar horse shits Fibs - retrace, extension, etc. Range Break Consolidation Stochastic Pivots PPZs Round numbers Oscillators Vibrators, etc List of more trading bullshits: win/loss ratio Support/Resistance Magic Numbers Key Levels Historical Levels Order flow RR XXX, etc List of yet more trading bullshits: Patience Hedging, Anti-hedging Martingale Scaling in and out Pyramiding Money Management Leverage...
What makes you say that Mr. Chicky?:nerd:
  • #938,123
  • Nov 22, 2014 4:45pm Nov 22, 2014 4:45pm
Quoting maximinus
{quote} Nothing. Don't be jealous, I'v a video for you too…Enjoy and take care http://www.youtube.com/watch?v=9ms7MGs2Nh8
huh? if it is for "nothing"? i don't see any reason why did you have to share that low quality Bollywood stuff here,
Jealous of what ?

I have a Video for you too, it is only a teaser / from a man i admire most when it come to Music - I know Bollywood too, Im not here to start an argument but if you continue you will probably be the first one on my Iggy list !!

Inserted Video


Actually , since this is Sunday i give you a full one too. Enjoy the music

Apologies to the others

Inserted Video


This film Kochadiiyaan is the first ever animation feature length movie from Bollywood, the people involved in this film are some of the Mega s in India.
I am not from India but i have met Music director A R Rahman Just before he was signed by Sony . he also Directed some theme music for the London Olympic and he is a Tamil. he is most probably the biggest Music director India has ever seen !! he make songs in 5 different languages and he does it best in india!

Good day!!
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #938,124
  • Nov 22, 2014 7:55pm Nov 22, 2014 7:55pm
Europe is not at risk of sliding into "full deflation" but the current rate of inflation is dangerously low, European Central Bank Vice President Vitor Constancio said on Saturday.


http://ca.reuters.com/article/busine...0J60FJ20141122
  • #938,125
  • Nov 22, 2014 8:45pm Nov 22, 2014 8:45pm
Quoting Gobllyn
{quote} What makes you say that Mr. Chicky?:nerd:
Third shot of Tequila.
The Thief of Wall Street
  • #938,126
  • Nov 22, 2014 8:52pm Nov 22, 2014 8:52pm
Quoting Chicky
{quote} Third shot of Tequila.
Only spirit that puts you up!
Enjoy!
  • #938,127
  • Edited 9:24pm Nov 22, 2014 9:12pm | Edited 9:24pm
Quoting rehorst
{quote} Thanks, Chicky. I am happy with my excellent MM method that returns 3-4% per month. More in some months. Then greed kicks in and I think, "Hey, I can easily make much more!" Your words help me stay on my MM plan. Hell, take out a calculator. Take 1,000 times 1.03 to the 12th power. That's a 42.5% increase in a year. Sweet.
There are two ways to make money in this market. 1) You predict a major move, bet heavily on it and you are right. Most of these famous billionaire traders did that (and also few of the ragged people who live in Walmart Carts) 2) keep your fuckin' positions as small as possible, trade as much as possible, as many pairs as possible, as many time frames as possible, as many directions as possible (maybe 2, long and short), use as many tools as possible, as many trading sessions as possible (London, NY, Tokyo, Franky).......................

The number 1) above is not for everyone. Number 2) above is much easier and fun but requires trading like it is a job where you have to follow the policies and procedures or code of conduct.

You are number 2, don't get fired only because there is no work. One should be happy if market is not moving because boss is giving you a paid break.

Now ask me, why the hell it is a paid break when market is not moving and your positions are not giving or taking away any money?
The Thief of Wall Street
  • #938,128
  • Nov 22, 2014 9:40pm Nov 22, 2014 9:40pm
Quoting Chicky
{quote}Now ask me, why the hell it is a paid break when market is not moving and your positions are not giving or taking away any money?
I've been aware that it is a nice break when price isn't moving. I place an alert above current price and one below. Then I can relax and avoid eyestrain by doing something else. However, I'm not sure why you call it a "paid" break. Yes, please explain. Thanks!
  • #938,129
  • Nov 22, 2014 10:17pm Nov 22, 2014 10:17pm
Quoting rehorst
{quote} I've been aware that it is a nice break when price isn't moving. I place an alert above current price and one below. Then I can relax and avoid eyestrain by doing something else. However, I'm not sure why you call it a "paid" break. Yes, please explain. Thanks!
This is when you enter new trades. Let me post a chart explaining what I mean.
The Thief of Wall Street
  • #938,130
  • Nov 22, 2014 10:31pm Nov 22, 2014 10:31pm
Quoting Chicky
{quote} This is when you enter new trades. Let me post a chart explaining what I mean.
Look at this 1H chart for example. There was plenty of time available at these three consolidations to check what was going on in the global economy. Some use this time to enter trades or watch economy and some pass this time beating their kids.
Attached Image (click to enlarge)
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The Thief of Wall Street
  • #938,131
  • Nov 22, 2014 10:42pm Nov 22, 2014 10:42pm
Quoting Chicky
{quote} Look at this 1H chart for example. There was plenty of time available at these three consolidations to check what was going on in the global economy. Some use this time to enter trades or watch economy and some pass this time beating their kids. {image}
This is weekly. The marked areas are probably the most condense consolidations, few weeks at max. Tell me what one should do if the next such consolidation occurs 1,000/1,500 pips below these consolidations?
Attached Image (click to enlarge)
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The Thief of Wall Street
  • #938,132
  • Nov 22, 2014 10:44pm Nov 22, 2014 10:44pm
Quoting Chicky
{quote} This is weekly. The marked areas are probably the most condense consolidations, few weeks at max. Tell me what one should do if the next such consolidation occurs 1,000/1,500 pips below these consolidations? {image}
buy?
  • #938,133
  • Nov 22, 2014 10:55pm Nov 22, 2014 10:55pm
Quoting cobracoder
{quote} buy?
Buy what? This pair? A group of related pairs? Check fundamentals? Wait because market is waiting? etc. You can do many things during this consolidation.
Look at this aud/usd weekly. If you check these consolidations on chart of every frequently trades pair, may get an idea what it is trying to do.
Attached Image (click to enlarge)
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The Thief of Wall Street
  • #938,134
  • Nov 23, 2014 2:36am Nov 23, 2014 2:36am
I dont believe we have much room to go up, but I do believe we need a bounce which can be maturing now..

I like to see 1.2330s for a play towards 1.28. we will be at 50% of the 1.18-2.28 range...
  • #938,135
  • Nov 23, 2014 2:41am Nov 23, 2014 2:41am
Quoting pmmebids
I dont believe we have much room to go up, but I do believe we need a bounce which can be maturing now.. I like to see 1.2330s for a play towards 1.28. we will be at 50% of the 1.18-2.28 range...
1.28

well I will close shorts at 2270 and buy around 2100 for weekly pullback, lets c
Hero calls followed by margin calls...
  • #938,136
  • Nov 23, 2014 2:45am Nov 23, 2014 2:45am
This will worth few pips to the upside ....

Europe not at risk of full-blown deflation: ECB's Constancio

+ Jordan later 08:00
  • #938,137
  • Nov 23, 2014 2:50am Nov 23, 2014 2:50am
Quoting PhAnTi'
{quote} 1.28 well I will close shorts at 2270 and buy around 2100 for weekly pullback, lets c
ah yes, good catch
  • #938,138
  • Nov 23, 2014 3:03am Nov 23, 2014 3:03am
Quoting Ken A
This will worth few pips to the upside .... Europe not at risk of full-blown deflation: ECB's Constancio + Jordan later 08:00
..^^

Attached Image (click to enlarge)
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Hero calls followed by margin calls...
  • #938,139
  • Nov 23, 2014 3:54am Nov 23, 2014 3:54am
Quoting Chicky
{quote} I tell you the secret, how I learned my method. You go to Bangkok, near Dusit Thani hotel are several massage centres. You find one that has a prayer place inside. This prayer place has a table with mirror. Put 20 Baht in the flower pot on that mirror table. Ask the invisible lady in the mirror to tell you the secret of trading. No one knows the name and background of this invisible lady that lives in that mirror, but she helps everyone who asks for help. Then go to nearby Seven-Eleven store. Buy six beer bottles with the intention of finding...
Lol, I got the secret
Thanks Chicky
Forex as Leverage
  • #938,140
  • Nov 23, 2014 4:17am Nov 23, 2014 4:17am
Quoting Chicky
{quote}......I successfully got a margin call on my week-old new explorer account. No account on that explorer survived for long. Let's see what happens to this one. Currently down about 70%. .....
I guess that's your demo account
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