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Braathen
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Postby Braathen » Mon Oct 19, 2009 2:48 pm

awsome trade es/pip.. u hit it on the nail!!

Pablo.. i think bodies more then wicks.. try that.. very hard to explain.. ill be going over it again myself in the weekend.. id start off by just reading all the stuff MO has posted recently and start drawing. I really dont know what else to say atm... hopefully i will be the jedi DoP soon but atm im still learning and dont want to say much due to the fact i could be horribly wrong. 8) 8) :shock:

Ezz/pip.. i love the way u played that off the 1 minutte.. unreal imo... now thats discrecenary trading man.. stuff me u rock (i know its spelt wrong)
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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lukx
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Postby lukx » Mon Oct 19, 2009 2:49 pm

es/pip and in this kind of situation when we're so high how we should setup the take profit? shoudl we look at daily (but even on daily we;re very high.

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Postby aliassmith » Mon Oct 19, 2009 2:51 pm

Looks like EUR/USD just hit a H1 ZeroLine to the long side and pulled back hard.

Missed this great move on GBP/USD because I was more worried about the short I was in on the previous retrace.
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es/pip
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Postby es/pip » Mon Oct 19, 2009 2:56 pm

lukx wrote:es/pip and in this kind of situation when we're so high how we should setup the take profit? shoudl we look at daily (but even on daily we;re very high.


just control your risk and trade what you see


i would be aware of the last h1 pivot and watching the PA on the m5
Bend over and assume the position for another 4 years of hope and change.

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lukx
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Postby lukx » Mon Oct 19, 2009 3:35 pm

this time I tried not to over trade, I waited , and waited and waited...
took 3 trades today, all 3 are losers for me:

blue triangle long entry red circle stop loss:

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es/pip
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Postby es/pip » Mon Oct 19, 2009 3:46 pm

lukx wrote:this time I tried not to over trade, I waited , and waited and waited...
took 3 trades today, all 3 are losers for me:

blue triangle long entry red circle stop loss:

Image



well

you got in way too late for the move on the first euro --had i got it in that area i would have been in "pip grab mode" and took the first spike as an exit

not sure what you were looking at on the 2nd long entry into a previous high ---- that makes no sense at all


you have to read what the market is telling you


i cant explain it in words

if you will just spend the time and try to understand what the bars are saying it will come to you


not sure what to tell you

i will post some charts in a sec. of what i did during the us morning session-----

the way the market moves between s/r coupled with momo is pretty clear to me i am not sure how to put it into words for you to understand
Bend over and assume the position for another 4 years of hope and change.

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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 19, 2009 3:47 pm

It always amazes me... traders have the urge to CHANGE things, under the guise of improvement, instead of making money with proven setups.

Ego?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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lukx
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Postby lukx » Mon Oct 19, 2009 3:59 pm

TRO my trading is sh&%y already so I don't see guise of improvement had to do much with it in my case :) Are you calling proven setup scalping in one direction 3 pips here and there while risking 10? Or maybe by proven setup you mean trading some horizontal lines? Well for me it just doesn't work.

Everyone is saying that you should match your trading tyou your personal preferences, mine are :

1) when placing trade know your stop
2) stop should be tight, not more than 20 pips
3) rr ratio at least 1:3 (one lost, 3 wins)

EGO ?! I don't got any left after taking so much beating in this forex market.
Last edited by lukx on Mon Oct 19, 2009 4:11 pm, edited 1 time in total.

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es/pip
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Postby es/pip » Mon Oct 19, 2009 4:09 pm

lukx wrote:TRO my trading is sh&%y already so I don't see guise of improvement had to do much with it in my case :) Are you calling proven setup scalping in one direction 3 pips here and there while risking 10? Or maybe by proven setup you mean trading some horizontal lines? Well for me it just doesn't work.

EGO ?! I don't got any left after taking so much beating in this forex market.



look here pal

if you do not change your FREAKING attitude you will lose your ass in this market or any market for that matter

i will post these charts in a min to take one last stab at helping you
'
but i will not answer anymore of your q's until you change your attitude--

it is just a waste of my time

and a lost cause
Bend over and assume the position for another 4 years of hope and change.

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lukx
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Postby lukx » Mon Oct 19, 2009 4:20 pm

ok thank you es/pip. for sure I will save your charts with the rest of hundreds I already got from your posts :)
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