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  • #968,001
  • Mar 11, 2015 8:44pm Mar 11, 2015 8:44pm
Quoting Borg
{quote} Hello gatorinla: Can you tell me what you mean by atm ? Does it mean at the moment ?
yes that's what he is saying
To maximize your gains you must minimize your losses
  • #968,002
  • Mar 11, 2015 8:45pm Mar 11, 2015 8:45pm
Quoting JoeyTTU
{quote} Would you say the same thing after looking at the weekly ?
Yes, I look at monthlies and weeklies before looking at lower timeframes. I also look at the general macro environment. The conclusion is that there currently is a massive shift in capital that's been happening, is happening, and will continue to happen in the coming months. These are not normal market conditions where the usual key technical support/resistance areas will hold. These are once in a multi-decade times. Hence, the safest way to ensure preservation of capital is to stay in cash or go with the trend, even if it looks counterintuitive. The context has changed, temporarily.
  • #968,003
  • Mar 11, 2015 8:48pm Mar 11, 2015 8:48pm
Quoting gatorinla
{quote} no trades for me atm 0485.8 is my st target, but i cant enter a s w/o 592/627...2503 is a 3/4 mark {image}
Love this kind of chart.
Intraday only.
  • #968,004
  • Mar 11, 2015 8:50pm Mar 11, 2015 8:50pm
Off to bed. Night you sexy forexiteers
  • #968,005
  • Mar 11, 2015 8:50pm Mar 11, 2015 8:50pm
Quoting Tom_D_Trader
{quote} Is normal +- every decade. Think it was Clement Juglar speaking of it.
  • #968,006
  • Mar 11, 2015 8:53pm Mar 11, 2015 8:53pm
Quoting fxtyrant
{quote} cuz there are plenty of idiots out there who likes to bet against the odds thinking they are the heros and will be rewarded handsomely if they manage to catch the bottom, but what they are trying to catch is in fact a knife thats falling which is being accelerated by the force of gravity.... Shit is hitting the fan and they thing its fun to put their hands in the fan blades... just to try and catch the shit....
well said
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #968,007
  • Mar 11, 2015 8:54pm Mar 11, 2015 8:54pm
Quoting fxtyrant
damn how i wish the EURUSD would pull up just a wee bit so i could short the fuck out of it......
I dont enjoy that but GU and AU going up, could pull EU. UJ stuck no matter Nikkis running for all time highs.. Seems heavy def @ UJ top. But the stronger def, the stronger break. Dont fight USD king.

Edit: Lol, nice fakeout, is gone before I posted.
Edit: Actually dont mind GU, as pulling Geppy

I gotta show you that Geppy entry, was nice.

Quoting Tom_D_Trader
GU monthly 1,491 could hold. But dunno with those elections + USD king combo. Neverthless cable move overextended already and UJ ready to break highs. So should cable test 1,491, could give us Geppy overshoot to 180,9 for perf long load. Am still staying out of GBP, momentum on Cable not nice, but preparing to enter Geppy. I have set limit order there (181). No SL, will be watching and close it manually should it strike hard.
Attached Image (click to enlarge)
Click to Enlarge Name: Geppy.JPG Size: 86 KB
"I know one thing, that I know nothing." Sokrates
  • #968,008
  • Mar 11, 2015 8:54pm Mar 11, 2015 8:54pm
Quoting fxtyrant
{quote} cuz there are plenty of idiots out there who likes to bet against the odds thinking they are the heros and will be rewarded handsomely if they manage to catch the bottom, but what they are trying to catch is in fact a knife thats falling which is being accelerated by the force of gravity.... Shit is hitting the fan and they thing its fun to put their hands in the fan blades... just to try and catch the shit....
Hello fxtyrant:

lol you certainly have a colorful way with words.

I wish mainstream financial writers wrote that way at times.

Makes me laugh to conjure up the image in your post.

Speaking of fans and retards. If people want to stick their hands in fans they should do
it with small plastic fans, preferably hand held battery ones. In other words they should
trade very small if they really believe they can catch the falling safe.

Such an exciting day and it is so tempting to over trade.

I haven't had this much fun in a long time time. So many excellent posters on this thread too.
May the Forex be with you.
  • #968,009
  • Mar 11, 2015 8:57pm Mar 11, 2015 8:57pm
Talk about lackluster... might be time for sleep, wake me up at 1.06...
  • #968,010
  • Mar 11, 2015 8:58pm Mar 11, 2015 8:58pm
Quoting Borg
{quote} Hello fxtyrant: lol you certainly have a colorful way with words. I wish mainstream financial writers wrote that way at times. Makes me laugh to conjure up the image in your post. Speaking of fans and retards. If people want to stick their hands in fans they should do it with small plastic fans, preferably hand held battery ones. In other words they should trade very small if they really believe they can catch the falling safe. Such an exciting day and it is so tempting to over trade. I haven't had this much fun in a long time time. So many...
One should not consider his insult, in this market, criticism like this is needed which can make you better.
Intraday only.
  • #968,011
  • Mar 11, 2015 9:00pm Mar 11, 2015 9:00pm
Quoting pips4m3
I know it's tempting to go long. Is it possible to make money buying at these levels? Yes! But the odds are not in your favor. Why risk it when selling is a sure bet. Even if there is a rebound, you will make cold hard cash with proper risk-management. Think about it.
See what would have happened if you had taken that trade.
Intraday only.
  • #968,012
  • Mar 11, 2015 9:02pm Mar 11, 2015 9:02pm
Quoting navk
{quote} See what would have happened if you had taken that trade.
Haha, I was just thinking the same.

Quoting mkvy
{quote} i know but its a very low risk trade, just set your stop to 1.0495 or something
How'd it go?
  • #968,013
  • Mar 11, 2015 9:07pm Mar 11, 2015 9:07pm
Omg I am gazing on that UJ chart for hours already. Fkin move! Thousands of hours. Am gonna get nuts, need a break. Am hoping Yen follows Nikkei flow in the meanwhile. Bbl.
"I know one thing, that I know nothing." Sokrates
  • #968,014
  • Mar 11, 2015 9:13pm Mar 11, 2015 9:13pm
Trend: EUR down, USD up. Looking good entry to short EU.
  • #968,015
  • Mar 11, 2015 9:16pm Mar 11, 2015 9:16pm
FYI, $DOLLAR briefly broke above 100...

Chances are we will re-test sooner than later for anyone thinking of going long...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_207.jpg Size: 161 KB
  • #968,016
  • Mar 11, 2015 9:19pm Mar 11, 2015 9:19pm
Quoting navk
{quote} One should not consider his insult, in this market, criticism like this is needed which can make you better.
you have no idea the amount of insults that gets dished my way when my client told me to place a trade for 30 million pound, debiting aussie, the amount of aussie i had to debit needed to be calculated and when it didnt quite bought him 30 million worth of pound 29.996 sth sth million pound and im already being cussed with f words and c words and all that crap dished my way...
learned to just filter out the noise and say...
sorry sir, "but as the market quote is constantly moving, i cannot place trade that accurately", i can do my best to lie within the 1% deviation... which i was nowhere close to 1% deviation from the quoted price to him...

but yea the trading floor has words flying everywhere..... just a matter if you actually care that much of bad words or if you are focused in earning the bucks or not....
me its all about the money, SHOW ME THE MONEY!!!! so i dont care bout curses on the floor....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #968,017
  • Mar 11, 2015 9:37pm Mar 11, 2015 9:37pm
I know people are going to be all over me on this call.. I am trying longs here with 25 pips stop loss set in my platform... Entry at 1.0510 and stop loss 25 pips from my entry... It looks like the move down we saw 30 minutes back was a flush... If not i will reverse the trade after it takes my Stop loss... let us see...
  • #968,018
  • Mar 11, 2015 9:41pm Mar 11, 2015 9:41pm
Quoting pips4m3
FYI, $DOLLAR briefly broke above 100... Chances are we will re-test sooner than later for anyone thinking of going long... {image}
Till 113 where ever i got the dip iam gonna buy
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #968,019
  • Mar 11, 2015 9:47pm Mar 11, 2015 9:47pm
Thoughts on how the on U.S. Retail Sales Data could affect current trend?
  • #968,020
  • Mar 11, 2015 10:01pm Mar 11, 2015 10:01pm
Quoting gettinpips
Thoughts on how the on U.S. Retail Sales Data could affect current trend?
USD keeps going higher! lol market doesnt care about economic data
All posts are my personal opinion
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