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  • #954,861
  • Jan 27, 2015 4:20am Jan 27, 2015 4:20am
Quoting sisse
{quote} Not sure if you missed ... There should be plenty of "early birds/bears" around these levels (1.134x/5x) to 1.120xx and the lows. I would be surprise if we dont test the lows one more time before the M roll... sisse
same here.. red box has a very high hit rate (even if after, it went higher. that's just normal pa).. "most times" is a lifestyle, not a religion. once in 1196 area we are below 1276 and 1209 along with trend, fundis and tech.. that st 1492 target is just a afterthought.. not a long for me.. just a what if place to look to add a short on weakness
those who can, do. those who cant, talk about those who can
  • #954,862
  • Jan 27, 2015 4:21am Jan 27, 2015 4:21am
Quoting Ken A
{quote} Not sure - I am shorting EURAUD watching not out of the woods yet {image}
Nice entry you got there. I am long 4220 SL on BE, hoping for another restest of "top".

EDIT: Stoped BE, EU droping lows now too, might short pullback.
  • #954,863
  • Jan 27, 2015 4:25am Jan 27, 2015 4:25am
Quoting ExForX
{quote} A couple of percent profit a week can easily quadruple an account over a year and a half. With a 1:2 RR strategy that means acceptable risk (0,5 - 1%). No way is that excessive.
Quadriply an account in the first and a half years in trading? Where have we seen this before? Mathematically it is of course possible, but I doubt any long time trader here would put a penny there to trade. Just my opinion
  • #954,864
  • Jan 27, 2015 4:26am Jan 27, 2015 4:26am
another bounce could be from 1.1246..........
  • #954,865
  • Jan 27, 2015 4:30am Jan 27, 2015 4:30am
norm has needs, "most times" at 1196 min, regardless if bullish or bearish.

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those who can, do. those who cant, talk about those who can
  • #954,866
  • Jan 27, 2015 4:30am Jan 27, 2015 4:30am
Quoting MikiFX
{quote} Quadriply an account in the first and a half years in trading? Where have we seen this before? Mathematically it is of course possible, but I doubt any long time trader here would put a penny there to trade. Just my opinion
Indeed mathematically it's possible and doesn't require crazy position sizes. I can't comment on the skills of other traders but he's certainly on the right track if this is his first endaevour in trading forex.
  • #954,867
  • Jan 27, 2015 4:35am Jan 27, 2015 4:35am
Quoting cspip
{quote} Got the bounce from 1.1227, upto 1.1260 and staying above it............ ............next up target is 1.1362.......and then 1.1507..........
Hi Pip it may bounce now long again 1.1288,
  • #954,868
  • Jan 27, 2015 4:37am Jan 27, 2015 4:37am
Bought @ 50% retrace 1.1284 with tight 10 pip stop
Read the chart... Fundies are catalyst...
  • #954,869
  • Jan 27, 2015 4:37am Jan 27, 2015 4:37am
Quoting cspip
another bounce could be from 1.1246..........
1246 is little fast, it must first break the R1 1286 & 1260...keep in mind that 1210-1260 is the unwanted price area...
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #954,870
  • Jan 27, 2015 4:38am Jan 27, 2015 4:38am
Quoting gatorinla
norm has needs
I'm getting a squad of naked chicks and some booze, gonna turn up at your door and make you confess all about that norm thing and sequence
Visit my Drumming & Percussion Blog - DrumsCult com
  • #954,871
  • Jan 27, 2015 4:41am Jan 27, 2015 4:41am
Quoting ExForX
{quote} Indeed mathematically it's possible and doesn't require crazy position sizes. I can't comment on the skills of other traders but he's certainly on the right track if this is his first endaevour in trading forex.
Thanks ExForX, I have spent many hours on demos and research/study prior to going live. Im constantly learning but overcoming the psychological side of trading is the hardest part I would say for most traders to control and to stick to their strategy, especially beginners. (im still working on that lol).
  • #954,872
  • Jan 27, 2015 4:44am Jan 27, 2015 4:44am
Possible 1.1465 if up, still waiting for yesterday's 1.1348x "if"...
Visit my Drumming & Percussion Blog - DrumsCult com
  • #954,873
  • Jan 27, 2015 4:50am Jan 27, 2015 4:50am
Looks like today's low will be broken ..
Intraday only.
  • #954,874
  • Jan 27, 2015 4:52am Jan 27, 2015 4:52am
Quoting navk
Looks like today's low will be broken ..
Yesterday's open is in target IMO.
(even if it want to go higher, needs to kill the existing longs and make as much shorts as possible -> new low)
f(z)=z2+c
  • #954,875
  • Jan 27, 2015 4:52am Jan 27, 2015 4:52am
Quoting gatorinla
{quote} missed 1192/96 on the drop. low was/is 1223 so it atm was missed by 30ish pips. it still hasn't made it back to norm in the red box in chart. norm is below 1209, a place where larger forces can take over. ... since 3993 most if these st bullish targets, to a place like 1492, have failed.. 1479/80 are not valid anymore, in the quoted post. 1492 is valid.. and most times before, we would have went to 1196 before the HH (never 100 %).. and sometimes after, like anytime now, 1196 would happen most times before 1492. the atm high 1345 is 1/4...
Could it be buiding something bigger, then retrace later -another bullish setup?
Visit my Drumming & Percussion Blog - DrumsCult com
  • #954,876
  • Jan 27, 2015 4:53am Jan 27, 2015 4:53am
OMG my stop was saved with 0.2 pip
Read the chart... Fundies are catalyst...
  • #954,877
  • Jan 27, 2015 4:55am Jan 27, 2015 4:55am
Quoting MaxDoom
{quote} always there
In?

Bid here from Sunday after Opec interview but seems not going anywhere

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  • #954,878
  • Jan 27, 2015 4:56am Jan 27, 2015 4:56am
Quoting Goodvalley
Possible 1.1465 if up, still waiting for yesterday's 1.1348x "if"...
Hey good to see drummer on here
You might be interested in my page...
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  • #954,879
  • Jan 27, 2015 5:07am Jan 27, 2015 5:07am
Its not going to drop until tmr fomc. intraday play all you want here
Read the entire market, money is made on the main trend not the fluctuation
  • #954,880
  • Jan 27, 2015 5:07am Jan 27, 2015 5:07am
Lets see if it brakes 1.126
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