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  • #939,341
  • Nov 27, 2014 8:02pm Nov 27, 2014 8:02pm
Looks like a small BE on the daily, resume of the downtrend?
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  • #939,342
  • Nov 27, 2014 8:02pm Nov 27, 2014 8:02pm
Quoting eggs
Ohhh.. It's got plenty of gas. Dollar bulls & YEN sellers in tandem is what creates organized patterns like the 3 DRIVE.
peddle to the metal!! it been moving funny for 3 days hopefully it hits fresh high before weekend...
  • #939,343
  • Nov 27, 2014 8:03pm Nov 27, 2014 8:03pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Lol... My fat, little, greedy fingers have already entered at market but I'm still keeping my pending open just shy of spread above the .38 retrace.
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  • #939,344
  • Nov 27, 2014 8:04pm Nov 27, 2014 8:04pm
Quoting Gobllyn
Looks like a small BE on the daily, resume of the downtrend? {image}
Im short to 1.2350 tp 1
  • #939,345
  • Nov 27, 2014 8:06pm Nov 27, 2014 8:06pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting Gobllyn
Looks like a small BE on the daily, resume of the downtrend? {image}
I think you're in a good spot Gobllyn. I think most of us here agree with the overall, long term, bearish bias. Good luck with your trades.
  • #939,346
  • Nov 27, 2014 8:46pm Nov 27, 2014 8:46pm
Quoting TradeForexFx
{quote} google "goodprofit mql5". 122 EURUSD shorts, all winners, no losses. Chicky, are you affiliated with this guy? I am in not. TF
I am affiliated only with my five wives.

No., I found this method in one of the Dale Carnegie's books that I read as a teenager. The best so far. He mentioned about a guy who used to buy stock indices, close the position if it went up 5 points or down 5 points. There is great logic in this system. It inspired me to develop my 1% 1:1 Risk:Reward method playing only bounces at key levels. No matter where price is intended, has to bounce few pips from key levels. You steal that money and run. This is also the background of my signature.
The Thief of Wall Street
  • #939,347
  • Nov 27, 2014 8:54pm Nov 27, 2014 8:54pm
Quoting eggs
I'll play a similar entry on the 3rd & Final 'Leg' with targets at .... You guessed it... 161 FIBO {image}
holding out for -116 myself, then more.. its near some 118.41.5 R atm... right now is the time, to look for weakness. atm high 118.27 ,, atm level 118.20..
ej also.. some R 147.354 its at 147.22 atm.. watch out for weakness any time now. yen tech power
those who can, do. those who cant, talk about those who can
  • #939,348
  • Nov 27, 2014 8:55pm Nov 27, 2014 8:55pm
Quoting Chicky
{quote} I am affiliated only with my five wives. No., I found this method in one of the Dale Carnegie's books that I read as a teenager. The best so far. He mentioned about a guy who used to buy stock indices, close the position if it went up 5 points or down 5 points. There is great logic in this system. It inspired me to develop my 1% 1:1 Risk:Reward method playing only bounces at key levels. No matter where price is intended, has to bounce few pips from key levels. You steal that money and run. This is also the background of my signature.
Don't worry, if you have problem identifying the key levels. Here is the link: http://www.forexfactory.com/gatorinla

Now add 2 + 2 and start making money. Anyone knows what two ideas Bill Gates combined? Was it an Operating System from Seattle something and Apple's don't know what? If one can become Pirate of Silicon Valley, why not some other person Thief of wall Street?
The Thief of Wall Street
  • #939,349
  • Nov 27, 2014 8:57pm Nov 27, 2014 8:57pm
Quoting Chicky
{quote} I am affiliated only with my five wives. No., I found this method in one of the Dale Carnegie's books that I read as a teenager. The best so far. He mentioned about a guy who used to buy stock indices, close the position if it went up 5 points or down 5 points. There is great logic in this system. It inspired me to develop my 1% 1:1 Risk:Reward method playing only bounces at key levels. No matter where price is intended, has to bounce few pips from key levels. You steal that money and run. This is also the background of my signature.
Totally agree.

I follow the same most of the time but little varied pips

  1. 25 pips during news
  2. 15 pips during peak hours
  3. 10 pips during off hours

Also, my leverage varies with TF.

  • #939,350
  • Nov 27, 2014 9:01pm Nov 27, 2014 9:01pm
Quoting Magicmen
Totally agree. I follow the same most of the time but little varied pips 25 pips during news 15 pips during peak hours 10 pips during off hours Also, my leverage varies with TF.
Agree to what?
The Thief of Wall Street
  • #939,351
  • Nov 27, 2014 9:02pm Nov 27, 2014 9:02pm
Quoting Chicky
{quote} Agree to what?
Ooops. forgot to quote. Here you go. Edited and include quote
  • #939,352
  • Nov 27, 2014 9:07pm Nov 27, 2014 9:07pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting gatorinla
{quote} holding out for -116 myself, then more.. its near some 118.41.5 R atm... right now is the time, to look for weakness. atm high 118.27 ,, atm level 118.20
Good Call. I'll also be getting in at the 116 levels myself in the coming weeks. I'm also in precise agreement with your 118.41 call. It's exactly the 127 FIB Extension & where I hope to be taking profit on the 3rd & Final leg of the 3 DRIVE buy that I'm currently in.

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  • #939,353
  • Nov 27, 2014 9:07pm Nov 27, 2014 9:07pm
Quoting gatorinla
{quote} holding out for -116 myself, then more.. its near some 118.41.5 R atm... right now is the time, to look for weakness. atm high 118.27 ,, atm level 118.20.. ej also.. some R 147.354 its at 147.22 atm.. watch out for weakness any time now. yen tech power
w2w mid hit
Attached Image
The Thief of Wall Street
  • #939,354
  • Nov 27, 2014 9:12pm Nov 27, 2014 9:12pm
Quoting Magicmen
{quote} Totally agree. I follow the same most of the time but little varied pips 25 pips during news 15 pips during peak hours 10 pips during off hours Also, my leverage varies with TF.
Very good idea. I never thought one could set the limits like this.
The Thief of Wall Street
  • #939,355
  • Nov 27, 2014 9:14pm Nov 27, 2014 9:14pm
Quoting gatorinla
uj should go to 118.16 or 118.35.. just guessing, before 116.49 or less. that would be about 250 pips or 5% of the 5000 indicated. ej cross over time is probably the better of the 2.. aj even better but the swap sucks. ea has a L setting up for 5381 or norm at 6374/75... the entry is tricky, i was waiting for 4187 to retrace.. it never happened like i wanted. another may happen at 4403/05 or less to 4220..{image}
working well,
Quoting gatorinla
below 4400, its probably going to 4187/3988 again,,, then 538x and 6374 {image}
those who can, do. those who cant, talk about those who can
  • #939,356
  • Nov 27, 2014 9:15pm Nov 27, 2014 9:15pm
Quoting Chicky
{quote} Very good idea. I never thought one can set the limits like this.
Mental setup only No automation tools.
  • #939,357
  • Nov 27, 2014 9:23pm Nov 27, 2014 9:23pm
Quoting gatorinla
gbp may have a bounce to 588x.. its against trend and most logic,, so it will probably fail,,, i am not taking (atm) the setup at 562x/23, even though one is there, and stops could be tight. its against trend at the mid is 5808, most of the meat is the mid. after that. a trade falls to a 1/1 trade if u count the float profit as risked. at 2526 and spread... 5 risked pips may get 182 at mid or 225 at 5881..most of these trades fail, so dont get delusional . the r/r is about 1-36 for mid tp. or 1-45 at target.. a modest trade with a small...
meat met
those who can, do. those who cant, talk about those who can
  • #939,358
  • Nov 27, 2014 9:23pm Nov 27, 2014 9:23pm
Enjoy until EU goes to 2491/2417

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  • #939,359
  • Nov 27, 2014 9:26pm Nov 27, 2014 9:26pm
Quoting eggs
{quote} Good Call. I'll also be getting in at the 116 levels myself in the coming weeks. I'm also in precise agreement with your 118.41 call. It's exactly the 127 FIB Extension & where I hope to be taking profit on the 3rd & Final leg of the 3 DRIVE buy that I'm currently in. {image}
dont know anything about 3 drives etc, but Im thinking your 3rd drive is at brick wall 4hr 118 27 -30 ish if wall breaks yep you could get your pop pips, if wall holds we are heading south :nerd:
If you are new to Forex? Say Goodbye to your account!!
  • #939,360
  • Nov 27, 2014 9:33pm Nov 27, 2014 9:33pm
have just sold some yen here at 118.19, risking 118.34...
Look Sharp/Trade Tight
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