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EURUSD

Looking for 1.11 on euro and 1950 on S&P. Bought in at what i think are bottoms but could lose (not loose) my shirt.
Quoting KillerWhale
It seems to me that the "newbies" start trading as soon as their broker opens. That's about the dumbest thing you can do in trading. Be patient, see where things are going. (most of the time nowhere until bigger markets like Europe and London open.)
I could show you how the market really works, but I can't do it here on this forum.
I would immediately be suspended again and that's not what I want.

I'm just gonna follow the proper rules (okay maybe bend them a little) But no big things of the .............whatever.................
New voice message: Why are you calling me? If I need you, I'll call you!
Quoting KillerWhale
It seems to me that the "newbies" start trading as soon as their broker opens. That's about the dumbest thing you can do in trading. Be patient, see where things are going. (most of the time nowhere until bigger markets like Europe and London open.)

I was patient..... I waited 30 minutes....
Quoting KillerWhale
It seems to me that the "newbies" start trading as soon as their broker opens. That's about the dumbest thing you can do in trading. Be patient, see where things are going. (most of the time nowhere until bigger markets like Europe and London open.)
Hey, banks trade before the market even opens. They must be pretty dumb too.
All posts are my personal opinion
There is a strange feel about the markets today..
Tokyo closed today markets will probably be thin all the way until London.
Quoting KillerWhale
{quote} I could show you how the market really works, but I can't do it here on this forum. I would immediately be suspended again and that's not what I want. I'm just gonna follow the proper rules (okay maybe bend them a little) But no big things of the .............whatever.................
after how many hours today would you start trading?
money ain't shit,i'm the shit..
Quoting KillerWhale
{quote} I could show you how the market really works, but I can't do it here on this forum. I would immediately be suspended again and that's not what I want. I'm just gonna follow the proper rules (okay maybe bend them a little) But no big things of the .............whatever.................
If you have skills share them.
Quoting roadtogo
{quote} after how many hours today would you start trading?
you enter the trade whenever you've got the entry singnal from what ever your system is ... time doesn't matter ... imho
Quoting Luzbay
{quote} I agree. Still, how does the saying go - you don't learn from hearing about other people's mistakes, you only learn from the ones that you make. For the trader's sake, just make sure that the mistake is not too expensive!
Wrong, I learn from any ones mistakes, including my own.

My own biggest mistake has cost me $14,000 in 5 minutes.
That was in March 2011, but I even managed to close the year in profit.!

I can tell you this, It was hard working the rest of the year, more than 100 hours per week!
New voice message: Why are you calling me? If I need you, I'll call you!
Quoting roadtogo
{quote} after how many hours today would you start trading?
I'll wait till London open.
1 hour earlier is Frankfurt opening but that is usually a crazy hour.
New voice message: Why are you calling me? If I need you, I'll call you!
Quoting Afterburner
{quote} If you have skills share them.
With your name, I can imagine!
New voice message: Why are you calling me? If I need you, I'll call you!
Quoting Rtm
{quote} Hey, banks trade before the market even opens. They must be pretty dumb too.
I think he meant that 'newbies' like to over trade.
Quoting edyraper
{quote} you enter the trade whenever you've got the entry singnal from what ever your system is ... time doesn't matter ... imho
thats the thing..for instance usdtry spread opens up to 1700 and what if you get the signal?
money ain't shit,i'm the shit..
Quoting magnumfreak
{quote} I was patient..... I waited 30 minutes....
Realy? You are not serious.
New voice message: Why are you calling me? If I need you, I'll call you!
a name is a name KillerWhale!!!!!! this level of doucheness is why many dont post because they get shot down by narcissism. Quantity is not quality.
Quoting KillerWhale
{quote} Realy? You are not serious.
Yeah, I lied... It was 34 minutes 30 seconds. A trade set up is a trade set up. It doesn't matter to me when it happens. If you believe in the system you are trading, then you take all signals.

Everybody trades different.
Quoting KillerWhale
{quote} With your name, I can imagine!
​killerwhale the afterburner
let the chart to be your chauffeur ... -Forexmnstr-
Good resistance and setup IMO, but.. with markets thin and beginning of the week, I dare not trade. *tied fingers*
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GBPUSD extremely chopping after opening. I have done OK over the past two weeks shorting the pair, but I'm going to sit on the bleachers until this week's direction is found. Different timeframes are indicating different directions.

Better safe than sorry, eh!
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