PA, S/R, ZL, EXTREMES & MOMO

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es/pip
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Postby es/pip » Mon Mar 21, 2011 11:55 am

long gu m5 demand

m1 dbl bottom
Bend over and assume the position for another 4 years of hope and change.
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ajaymein
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Postby ajaymein » Mon Mar 21, 2011 11:55 am

es/pip wrote:
ajaymein wrote:Stop above this high...gonna go drink some coffee before US open


i may drink some whiskey

the way this is going

hahahaha

up ok

but the pa sucks


lol the times when I mixed drinking and trading things got alllll f***ed up lol...I forced myself out of bed this morning bc the 4 pitchers of dos equis from the mexican resteraunt last night was still heavy in my stomach and brain :shock:

but then again the $$$ will always override any hangover I have 8)
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paweldobkowski
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Postby paweldobkowski » Mon Mar 21, 2011 11:57 am

FXfreak wrote:i love it!

everybody knows what PA, S/R, extremes and momo means but it is more than subjective...aj is short while es is holding long. yeah!! an example from a book that you have to use your own brain to survive in forex. if you only trade signals you will lose...


Its not that easy. Price is fluctuating. There are often pips to be taken even when You are long and short at the same time. Only one side is winning in the loger run. It also depends on entry timing etc.

But still You are right that the brain is the main factor here.

And here is great example of well placed stop:


Im officially a Market Wizard
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es/pip
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Postby es/pip » Mon Mar 21, 2011 11:58 am

-2


done till something happens
Bend over and assume the position for another 4 years of hope and change.
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ajaymein
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Postby ajaymein » Mon Mar 21, 2011 11:59 am

double post
Last edited by ajaymein on Mon Mar 21, 2011 12:01 pm, edited 1 time in total.
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ajaymein
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Postby ajaymein » Mon Mar 21, 2011 12:01 pm

FXfreak wrote:i love it!

everybody knows what PA, S/R, extremes and momo means but it is more than subjective...aj is short while es is holding long. yeah!! an example from a book that you have to use your own brain to survive in forex. if you only trade signals you will lose...


The true beauty of forex trading...I can be long and in profit thousands while a friend sitting besides me could of just gone short, scalped out with a thousand profit, and price continued in my direction and I am now in profit more thousands. 8)


Still in my GU short...gonna let it hit BE or -1 or -2 before exit probably unless something fishy happens I may close early
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FXfreak
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Postby FXfreak » Mon Mar 21, 2011 12:03 pm

i'm long like hell since three hours and nothing happens....
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ajaymein
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Postby ajaymein » Mon Mar 21, 2011 12:03 pm

Got a hard stop at +1 now
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ajaymein
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Postby ajaymein » Mon Mar 21, 2011 12:04 pm

FXfreak wrote:i'm long like hell since three hours and nothing happens....


Lol...expect it to be like that until tricky t speaks up
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es/pip
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Postby es/pip » Mon Mar 21, 2011 12:08 pm

long gu again for the same fckn reason
Bend over and assume the position for another 4 years of hope and change.
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