Hangaround Lounge

everything that doesn't belong elsewhere cometh here

Moderator: moderators

User avatar
Jalarupa
rank: 1000+ posts
rank: 1000+ posts
Posts: 1300
Joined: Tue Feb 23, 2010 5:50 pm
Reputation: 324
Location: South Africa
Gender: None specified

Postby Jalarupa » Wed Dec 15, 2010 3:59 am

Nice Humble - I'm glad to see I'm on the same page as the kreslik faithful and the Euro demise over the next few days/weeks back to 1.30 & lower... I'm in it to win it! :D
:smt065

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Humble
rank: 500+ posts
rank: 500+ posts
Posts: 576
Joined: Fri Mar 20, 2009 10:29 am
Reputation: 4
Gender: Male

Postby Humble » Wed Dec 15, 2010 6:08 am

Hi Jalarupa. That's what it looks like, until it changes it's mind!

I sometimes have a had time getting my head around what peeps are teaching, but when MO says "if you can see a loss then you can see a profit", and I look at the euro, I see a loss for those who went long on the last retrace (assuming it stays a retrace).

Good trading.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 11
Gender: None specified

Postby es/pip » Wed Dec 15, 2010 1:47 pm

Humble wrote:es/pip and alias, I thought those short on the EU were the ones with the held profit.

I saw the trade as waiting for the S&R ZL to complete and the enter short. However when looking for held profit, the move upto the ZL (dotted line) would have taken the held profit?

Just want to get the same wave length.

Image

Edit: Chart EU Daily.


yeah

the shorts were holding profit and trading long back into them was taking their held profit

on that chart after that happens, then it just becomes a s/r game
Bend over and assume the position for another 4 years of hope and change.

User avatar
es/pip
rank: 1000+ posts
rank: 1000+ posts
Posts: 2898
Joined: Wed Jan 21, 2009 9:28 pm
Reputation: 11
Gender: None specified

Postby es/pip » Wed Dec 15, 2010 1:51 pm

well i was pretty pleased with that GU short the other day taking the h1's held profit



in hindsight i would have been a lot more pleased trading off this and holding it



lol


Image
Bend over and assume the position for another 4 years of hope and change.

User avatar
genlogins
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Wed Jun 23, 2010 3:39 pm
Reputation: 0
Gender: None specified

Postby genlogins » Wed Dec 15, 2010 7:25 pm

adaseb wrote:FOMC sure was a disappointment due to lack of market participants I guess.

Was expecting an EPIC! 200 pips up move and then a 200 pip down move like last time.




Ops.... I guess you did not make money than, Adaseb?

:)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
bacoazul
rank: 150+ posts
rank: 150+ posts
Posts: 259
Joined: Wed Sep 30, 2009 12:31 pm
Reputation: 10
Gender: Male

Postby bacoazul » Wed Dec 15, 2010 8:07 pm

My EU short, still struggling with MO's teachings
about adding positions, all my entries are with
same size, 364 pips total till now

These are my principles. If you don't like them, I have others.

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1921
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 726
Gender: None specified
Contact:

Postby dojirock » Thu Dec 16, 2010 12:49 am

Nice trading Bacoazul! I dont see anything wrong withit, I exited short on GU with 205 pips today!

dojirock

User avatar
bacoazul
rank: 150+ posts
rank: 150+ posts
Posts: 259
Joined: Wed Sep 30, 2009 12:31 pm
Reputation: 10
Gender: Male

Postby bacoazul » Thu Dec 16, 2010 1:42 am

dojirock wrote:Nice trading Bacoazul! I dont see anything wrong withit, I exited short on GU with 205 pips today!

dojirock


Congratz on your trade, pretty nice.
And i was talking about MO's teachings about
adding lots to your possition, is very
interesting, but i still don't completly get it
These are my principles. If you don't like them, I have others.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 6055
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 560
Gender: Male

Postby MightyOne » Thu Dec 16, 2010 9:23 am

bacoazul wrote:
dojirock wrote:Nice trading Bacoazul! I dont see anything wrong withit, I exited short on GU with 205 pips today!

dojirock


Congratz on your trade, pretty nice.
And i was talking about MO's teachings about
adding lots to your possition, is very
interesting, but i still don't completly get it



I'm trying, I'm trying :? :shock:

http://i53.tinypic.com/qycz0m.gif

User avatar
Don_xyZ
rank: 1000+ posts
rank: 1000+ posts
Posts: 1163
Joined: Tue Dec 14, 2010 9:15 am
Reputation: 1022
Gender: None specified

Postby Don_xyZ » Thu Dec 16, 2010 2:42 pm

@MO, your post is still greek to me which means i haven't been reading enough to understand it :(
oh dear... might took a week or two to finish reading NLA thread.
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

Image

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “general”