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  • #959,161
  • Feb 10, 2015 1:07pm Feb 10, 2015 1:07pm
Quoting kill56
{quote} lol lolollolol same shity story 5y in uk add 20 usa charlotte NC and now back to amman Jordan (palastinian) any way bro the secret of trading is money management risk not more than %1 -2 , and if u can make about %2 a day u are a lucky bott one more thing stop loss is a must ( limit u loss) it will be eazy to recover
Believe me I now know the importance of these two, I blew my account last week and am currently recovering. Apart from the two issues you adressed, the entry and exit levels are a major challenge for me, especially during US session.
  • #959,162
  • Feb 10, 2015 1:09pm Feb 10, 2015 1:09pm
As suspected 1.132x held, keeping intraday bulls from the Greek front at bay. We are almost 1/2 of month (trading days wise) stuck in these area.

It's officially going to blow at any minute as the range has compressed so much that there is no more room for much. On the bottom 1.127x is completely uncovered as the Greek level that some big bastards has been playing since the QE leg low. Is so naked now that i doubt they will keep holding intraday. On the other side 1.132x held the day but it was a tiny level. Its gone now without Europe and US today.

As long as 1.127x holds, today's roll is pretty much irrelevant at these levels. However, the failure to crack 1.127x today left naked yesterday highs (1.135x thats for Gator...) and open 1.142x. Given the tight range intraday and daily, the panic leg and/or the out of the blue "tweet" move is the most probably trigger to shake the area.

Tomorrow is a full Greek "Soup Opera" day so talking heads and leaks expected.... in my case just sitting and waiting for the area to resolve...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #959,163
  • Feb 10, 2015 1:10pm Feb 10, 2015 1:10pm
Quoting janpec1000
{quote} Thats not secret, thats neglected fact stretched all over fx forums and sites. Its many traders who neglect it. The only secret is finding second part to equasion which is solid system, where it is RR based or structurally based. That would be my input. Good RR, 1-4% acc risk on avarage and consisntence which comes from solid technical system.
thats true, u have to stick to u plan no mistakes in fx world look who,s talken i had some

RR its not enough by it self fundys is important too and news feed
  • #959,164
  • Feb 10, 2015 1:18pm Feb 10, 2015 1:18pm
Quoting kill56
{quote} thats true, u have to stick to u plan no mistakes in fx world look who,s talken i had some RR its not enough by it self fundys is important too and news feed
Yup. Its matrix thats what it is. Compresed part of dozens of facts into picture that you need to see trough learning and seeing it yourself mostly as facts are mostly not out there.
  • #959,165
  • Feb 10, 2015 1:28pm Feb 10, 2015 1:28pm
Quoting maldegnegi
{quote} Believe me I now know the importance of these two, I blew my account last week and am currently recovering. Apart from the two issues you adressed, the entry and exit levels are a major challenge for me, especially during US session.
i did post some indis here like cams and fibs they do help and u need to find the levels from yearly to daily (what go around comes back and hit our boots) history bro if u need any help just Pm me
this indi is not too bad its MTF fbis with R & S
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  • #959,166
  • Feb 10, 2015 1:30pm Feb 10, 2015 1:30pm
Quoting kill56
{quote} i did post some indis here like cams and fibs they do help and u need to find the levels from yearly to daily (what go around comes back and hit our boots) history bro if u need any help just Pm me
Thank you sir, you are on my list of people I admire. Have a good evening
  • #959,167
  • Feb 10, 2015 1:41pm Feb 10, 2015 1:41pm
Quoting Mr Hatch
{quote} do you really buy his shit? just waiting until the circle-jerk is complete to deliver the full report.
in any way time will tell in the main time help is needed lets see
  • #959,168
  • Feb 10, 2015 2:00pm Feb 10, 2015 2:00pm
how to follow up with the news for euro meeting situation tomorrow
what website u guys check to get the news
  • #959,169
  • Feb 10, 2015 2:55pm Feb 10, 2015 2:55pm
Daily still looks bullish into tomorrow, another spike may still come before going lower.
Everyone can see the chart, but only a few can actually read it.
  • #959,170
  • Feb 10, 2015 3:06pm Feb 10, 2015 3:06pm
Quoting OnlineAddict
Daily still looks bullish into tomorrow, another spike may still come before going lower.
Ah cmon mate, I just sold it. Cant go up
"I know one thing, that I know nothing." Sokrates
  • #959,171
  • Feb 10, 2015 3:14pm Feb 10, 2015 3:14pm
How sure are we that the Greek situation is already priced in? 2 more weeks until Greece finally runs out of borrowed money and has to use their own tax revenue.
  • #959,172
  • Feb 10, 2015 3:16pm Feb 10, 2015 3:16pm
Quoting OnlineAddict
Daily still looks bullish into tomorrow, another spike may still come before going lower.
Yesterday by this time, I did the same thing and stopped out.
Intraday only.
  • #959,173
  • Feb 10, 2015 3:23pm Feb 10, 2015 3:23pm
Quoting Tom_D_Trader
{quote} Ah cmon mate, I just sold it. Cant go up
Well, I will scalp both ways during asian, but I just wouldn't leave a short open before asia ends and go to bed...in case EU wants to spike this up.

Quoting navk
{quote} Yesterday by this time, I did the same thing and stopped out.
Well, thats how it mostly starts...my 3rd long yesterday got killed, too, but luckily it was in profit when I went to sleep and I set the SL to only 2 pips, otherwise I would have a bad morning.
Everyone can see the chart, but only a few can actually read it.
  • #959,174
  • Feb 10, 2015 3:47pm Feb 10, 2015 3:47pm
Quoting Tom_D_Trader
{quote} Ah cmon mate, I just sold it. Cant go up
You are doing it wrong. Always wait to buy when it goes down, but don't buy until it hits the rock bottom. Now, if it hits rock bottom, how do you know it is the bottom and price won't go further down? Again wait. Then see it going up. How do you know it will come down? Don't sell it, until it hits the roof. Once it hits the roof, how do you know it is the roof? Again wait, don't sell it. When it starts going down, always wait to buy when it goes down, but don't buy until it hits the rock bottom. Now, if it hits rock bottom, how do you know it is the bottom and price won't go further down? Again wait. Then see it going up. How do you know it will come down? Don't sell it, until it hits the roof. Once it hits the roof, how do you know it is the roof? Again wait, don't sell it. When it starts going down. When it starts going down, always wait to buy when it goes down, but don't buy until it hits the rock bottom. Now, if it hits rock bottom, how do you know it is the bottom and price won't go further down? Again wait. Then see it going up. How do you know it will come down? Don't sell it, until it hits the roof. Once it hits the roof, how do you know it is the roof? Again wait, don't sell it. When it starts going down. Again wait, don't sell it. When it starts going down. When it starts going down, always wait to buy when it goes down, but don't buy until it hits the rock bottom. Now, if it hits rock bottom, how do you know it is the bottom and price won't go further down? Again wait. Then see it going up. How do you know it will come down? Don't sell it, until it hits the roof. Once it hits the roof, how do you know it is the roof? Again wait, don't sell it. When it starts going down.

The question is: How the fuck we know? That means we have to find a system that has nothing to do with price going up or down. Anybody has this system? If not, refer to my yesterday's posts. No, there is nothing in it, but it will keep you away from trading in this choppy pa.
The Thief of Wall Street
  • #959,175
  • Feb 10, 2015 4:16pm Feb 10, 2015 4:16pm
the only way to profit in forex is to remove candlesticks ,bars or line graphs... go into chart settings and change the colour to nothing. This is the Holy Grail first step
  • #959,176
  • Feb 10, 2015 4:18pm Feb 10, 2015 4:18pm
Quoting Chicky
{quote} You are doing it wrong. Always wait to buy when it goes down, but don't buy until it hits the rock bottom. Now, if it hits rock bottom, how do you know it is the bottom and price won't go further down? Again wait. Then see it going up. How do you know it will come down? Don't sell it, until it hits the roof. Once it hits the roof, how do you know it is the roof? Again wait, don't sell it. When it starts going down, always wait to buy when it goes down, but don't buy until it hits the rock bottom. Now, if it hits rock bottom, how do you know...
I know, it has reached bottom.
Intraday only.
  • #959,177
  • Feb 10, 2015 4:24pm Feb 10, 2015 4:24pm
only the price horizontal line is shown

Holy Grail step 2

if the price is in the lower half of your screen you sell, if its in the upper half of your screen you buy
  • #959,178
  • Feb 10, 2015 4:25pm Feb 10, 2015 4:25pm
step 3

Retire on a tropical island
  • #959,179
  • Feb 10, 2015 4:27pm Feb 10, 2015 4:27pm
Quoting Chicky
{quote} No, there is nothing in it, but it will keep you away from trading in this choppy pa.
Good one. Chicky. Good one.
  • #959,180
  • Feb 10, 2015 4:28pm Feb 10, 2015 4:28pm
Charts are there to hide the truth, THE BIG LIE
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