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  • #980,601
  • Apr 14, 2015 12:18am Apr 14, 2015 12:18am
Have a short at 575 on my 10 cents account, hope it gets to 515 for me to close the trade
  • #980,602
  • Apr 14, 2015 12:18am Apr 14, 2015 12:18am
short seems to be the option, unless we break up the fib line at 1,06. Then I will loook at short again on a retest of 1,07, and if 1,07 breaks up too, I will start thinking long.

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  • #980,603
  • Apr 14, 2015 12:21am Apr 14, 2015 12:21am
Quoting RBlackburn
{quote} If this market is random then i'm a consistanlty lucky gambler
If it is not random, means there is exact causality for everything that's going to happen in next second, no poverty in this world ! Cheers !

Anyway, a professional trader can also win in casino. "Gambler" is just a term when one has no probability and edge before entering the game, well, a greenhorn is similar to a gambler anyway.
  • #980,604
  • Apr 14, 2015 12:23am Apr 14, 2015 12:23am
This is likely the last drop before a nice size bounce, but that doesn't say much as it can drop lower than 1.05 to new lows. Euro is trash right now.
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  • #980,605
  • Apr 14, 2015 12:24am Apr 14, 2015 12:24am
Quoting ill_be_back
LONG GJ 175.766 sl 175.622 tp open
S/O
A good trader follows his rules, but great trader knows when to break them
  • #980,606
  • Apr 14, 2015 12:27am Apr 14, 2015 12:27am
so where is fxtyrant and all his rants?? I have observed whenever he is losing he is away

  • #980,607
  • Apr 14, 2015 12:29am Apr 14, 2015 12:29am
Quoting leekiangiap
{quote} If it is not random, means there is exact causality for everything that's going to happen in next second, no poverty in this world ! Cheers ! Anyway, a professional trader can also win in casino. "Gambler" is just a term when one has no probability and edge before entering the game, well, a greenhorn is similar to a gambler anyway.
Ok, you can have your opinion but i hope you realise you make no sense
It could just be a language barrier, cheers
Good luck!
  • #980,608
  • Apr 14, 2015 12:31am Apr 14, 2015 12:31am
Now time to LONG EU
A good trader follows his rules, but great trader knows when to break them
  • #980,609
  • Apr 14, 2015 12:31am Apr 14, 2015 12:31am
Quoting ill_be_back
Now time to LONG EU
Why's that? It looks terrible on every time frame... Like I said though I think nice size bounce coming... the timing is tough though.
  • #980,610
  • Apr 14, 2015 12:33am Apr 14, 2015 12:33am
Quoting ill_be_back
Now time to LONG EU
Why??????
80% effort, 20% luck
  • #980,611
  • Apr 14, 2015 12:33am Apr 14, 2015 12:33am
Quoting Ck87
{quote} Why's that? It looks terrible on every time frame...
If this is going to turn this is the place
A good trader follows his rules, but great trader knows when to break them
  • #980,612
  • Apr 14, 2015 12:34am Apr 14, 2015 12:34am
Quoting ill_be_back
{quote} If this is going to turn this is the place
Gotcha, I think it's going to turn either way, but this is a nasty market right now so it's tough to time.
  • #980,613
  • Apr 14, 2015 12:36am Apr 14, 2015 12:36am
Quoting Ck87
{quote} Why's that? It looks terrible on every time frame... Like I said though I think nice size bounce coming... the timing is tough though.
Makes sense as every newb here is getting short now for some reason
I'm still holding short but wow... why wait until after a move..
Bad risk
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  • #980,614
  • Apr 14, 2015 12:37am Apr 14, 2015 12:37am
Quoting Ck87
{quote} Gotcha, I think it's going to turn either way, but this is a nasty market right now so it's tough to time.
RR would be the BEST over here(with about 3 pip SL below todays Low)
A good trader follows his rules, but great trader knows when to break them
  • #980,615
  • Apr 14, 2015 12:38am Apr 14, 2015 12:38am
Wait and see where the hour closes IMO
  • #980,616
  • Apr 14, 2015 12:38am Apr 14, 2015 12:38am
Quoting Ck87
{quote} Gotcha, I think it's going to turn either way, but this is a nasty market right now so it's tough to time.

Agreed a reasonable bounce is coming, though this is aching to drop under 1.05, can see possibly 1.0820 maximum though that is just going to be sent right back down.
All My Opinions, Are Just That, My Opinion!!!
  • #980,617
  • Apr 14, 2015 12:40am Apr 14, 2015 12:40am
Wow why the yen strengthened against the dollar?
  • #980,618
  • Apr 14, 2015 12:40am Apr 14, 2015 12:40am
Quoting ill_be_back
{quote} RR would be the BEST over here(with about 3 pip SL below todays Low)
Hey mate, you have the 78% fib there also as support
If you're going to try a long..
Cheers
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  • #980,619
  • Apr 14, 2015 12:41am Apr 14, 2015 12:41am
Quoting scouse12345
{quote} Agreed a reasonable bounce is coming, though this is aching to drop under 1.05, can see possibly 1.0820 maximum though that is just going to be sent right back down.
think 1.09 is achievable but unlikely, so basically agree on all you said, including aching to drop under 1.05, that is a definite possibility in the next few H1/H4 candles
  • #980,620
  • Apr 14, 2015 12:44am Apr 14, 2015 12:44am
Ya, incredible R/R there...
Quoting ill_be_back
{quote} RR would be the BEST over here(with about 3 pip SL below todays Low)
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