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  • #996,441
  • Jun 2, 2015 1:28pm Jun 2, 2015 1:28pm
Greek Negotiations Set off Illiquidity Bomb- http://trendersgame.com/2015/06/02/g...iquidity-bomb/
Twitter: @TrendersGame
  • #996,442
  • Jun 2, 2015 1:31pm Jun 2, 2015 1:31pm
Quoting edyraper
anyone expacting next levels on the pair ?
Range till nfp.
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  • #996,443
  • Jun 2, 2015 1:32pm Jun 2, 2015 1:32pm
Quoting rjngh2005
{quote} Hi...Ewriter I have a suggestion...start very small and trade like a 200 dollar account and make at least 5 percent a month if you are successfull...then increase your deposit to 1K and slowly escalate.
That's very good advice for people who are eager to take the plunge from demo to live...

Too many folks decide they've graduated on demo and put all their free money into FX.. only to get burned nastily.

Even if you have a million or two lying around, start with a 200$ account and 0.01 trades. Learning and mastering your own psychology when under real-money pressure, no matter how small, is a whole separate trader skillset in itself. You'd be surprised how funky your brain gets once real money is on the table. All the demons you believe you had conquered rise from their graves afresh...
"Tips are for waiters." - Reminiscences of a stock operator
  • #996,444
  • Jun 2, 2015 1:41pm Jun 2, 2015 1:41pm
Quoting mitrapips
If this blows past 1200 at this hour of the day it will be a technical wonder to say the least.
i wasnt expecting a huge move like this..now totally .ucked up..
money ain't shit,i'm the shit..
  • #996,445
  • Jun 2, 2015 1:41pm Jun 2, 2015 1:41pm
has anyone long taken profit up here near 1200?
those who can, do. those who cant, talk about those who can
  • #996,446
  • Jun 2, 2015 1:44pm Jun 2, 2015 1:44pm
Quoting gatorinla
has anyone long taken profit up here near 1200?
No, I'm going to add more on a pullback though. I'm holding until 1.14xx at least depending on how things develop on the ground. You?
  • #996,447
  • Jun 2, 2015 1:45pm Jun 2, 2015 1:45pm
anyone see it?
http://www.forexfactory.com/daihone#00
  • #996,448
  • Jun 2, 2015 1:46pm Jun 2, 2015 1:46pm
Noticed a bearish bat harmonic pattern on 15m.. if that plays out (price must stay below 1.1180) then pa could retrace back to 1.1005 (fib 61.8)

Happy Trades
Focus only on what truly matters!
  • #996,449
  • Jun 2, 2015 1:46pm Jun 2, 2015 1:46pm
Tomorrow is NFP and Draghi, advice is to close the long in profit today.
  • #996,450
  • Jun 2, 2015 1:47pm Jun 2, 2015 1:47pm
I guess there are 2 types of traders.. Traders or waiters..

Traders that wait for their position to eventually work out
or
Traders that flip trades when draw down reaches to much
  • #996,451
  • Jun 2, 2015 1:48pm Jun 2, 2015 1:48pm
Quoting goldfinch
{quote} Not only that, his last trade he had to hold for 2 months in Drawdown until finally a bit of news worked in his favour and he closed it for 80 pips, couple that with his Martingale approach to money mis-management and he is guaranteed to fail. Don't let his groupies know though, they will go to the end of the earth to defend him, talk about grooming. Trading is a solitary game and all those here following others will fail, only a matter of time. Maybe we should just let them, it will teach them a lesson they will never forget. Being successful...
... Cloggie?
  • #996,452
  • Jun 2, 2015 1:49pm Jun 2, 2015 1:49pm
Quoting mkvy
{quote} theres that possible channel again...! {image}
I guess this channel still is holding
  • #996,453
  • Jun 2, 2015 1:50pm Jun 2, 2015 1:50pm
Quoting stewi3
{quote} No, I'm going to add more on a pullback though. I'm holding until 1.14xx at least depending on how things develop on the ground. You?
nope, i missed it. looking to sell a little higher if it gets there.
those who can, do. those who cant, talk about those who can
  • #996,454
  • Jun 2, 2015 1:51pm Jun 2, 2015 1:51pm
internet kindergarden
  • #996,455
  • Jun 2, 2015 1:53pm Jun 2, 2015 1:53pm
Quoting teod00r
anyone see it? http://www.forexfactory.com/daihone#00
Impressive...
COT: The precious data ignored
  • #996,456
  • Jun 2, 2015 1:56pm Jun 2, 2015 1:56pm
Quoting kuroro001
{quote} Impressive...
Called latency arbitrage. Pepperstone has a delayed feed, latency arbitrage works there. Problem just is: they will not let you withdraw that money Been there, done that, failed to get any money out after the 100000% gain
  • #996,457
  • Jun 2, 2015 1:57pm Jun 2, 2015 1:57pm
Waiting for EU to retrace to 1.1135 level before and long entry... anyway.. i am still bias on it going up tomorrow..
  • #996,458
  • Jun 2, 2015 1:57pm Jun 2, 2015 1:57pm
Quoting geektrader
{quote} Called latency arbitrage. Pepperstone has a delayed feed, latency arbitrage works there. Problem just is: they will not let you withdraw that money Been there, done that, failed to get any money out after the 100000% gain
So what's the point of trading with them if you can't get your gains ?
COT: The precious data ignored
  • #996,459
  • Jun 2, 2015 1:58pm Jun 2, 2015 1:58pm
Quoting Tom_D_Trader
{quote} SaP disagrees a bit and holding below R, Oil seems fine but may test 60s, UJ wanna break intraday lows, GU wanna test 5346 but holding highs, EU wanna test 1,114 but also holding (forming something between triangle and bullish flag on m1 ), Xau holding above 1193 and wanna go 1200.
Well SaP disagrees more, GU tested, UJ retracing, 1193 Gold multihold and I stacked up....but also EU formed doubletop (m1 ) so I prolly close that 1,114 level and wait for retest.
"I know one thing, that I know nothing." Sokrates
  • #996,460
  • Jun 2, 2015 1:58pm Jun 2, 2015 1:58pm
Quoting geektrader
{quote} He has been right for a staggering 67 trades for ~8 months and only because he accepts huge drawdowns until the trades turn his direction. First off: 67 trades have no statistical meaning, 8 months neither - its a to short sample and might work just for the current market conditions. And third, this only was achieved because he marrys his trades and let them run into drawdown forever until they go his way. That works for a limited time until one or 2 trades kill your complete account because they dont turn your way but keep on going against...
I think its 27 trades on his demo account
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