Never Lose Again

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Humble
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Postby Humble » Fri Nov 06, 2009 2:06 am

PTG wrote: Creature from Jekyll Island


Taken from your signature's link "such as President John Fitzgerald Kennedy, that have spoken out against it...etc"

Wonder if that's why he was assassinated?

Now that the US Govt has to borrow to have money printed, in order to pay the interest on the loans used to pay to have money printed - the end result must be getting very close.

Can capitalism survive without the US? As the "these Bankers" have too many insiders in the US Govt (even more so this admin?) would foreign Govt's have the guts to assassinate "these Bankers"?
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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traderzone
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incredible trades!

Postby traderzone » Fri Nov 06, 2009 4:09 am

Is there anyone in this group who successfully trades with zlines who is in the SF area?

I saw stayincools post above asking for a primer on how you all are nailing these trades. I have wondered the same.

Please PM me if you are in the SF area and have some time for some one on one about trading zlines.

thanks

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MightyOne
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Postby MightyOne » Fri Nov 06, 2009 5:15 am

Braathen wrote:Insane stuff today.. 100 pips on gu in under 5 mins.. woot.. and a bounce for 50 off 4hH/daily zone.. Thanks again to MO, Es/pip and dragon for this.. Mo when u say momo etc etc = nothing.. are u serious?

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On any given day I am taking the actions that bring in the most money and currently that does not involve momo.

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MightyOne
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Postby MightyOne » Fri Nov 06, 2009 5:21 am

maciekkov wrote:someone can explain me this situations.


I have never used that indicator for momentum...

But the answer to your question is in comparing what you believe to be downward momentum (there is in fact none) to non-momentum and again to real momentum in the history to arrive at an answer.

You need to use logic when dealing with momentum...

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lukx
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Postby lukx » Fri Nov 06, 2009 6:20 am

MightyOne wrote:On any given day I am taking the actions that bring in the most money and currently that does not involve momo.


voodoo ?

:lol:

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MightyOne
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Postby MightyOne » Fri Nov 06, 2009 10:04 am

lukx wrote:
MightyOne wrote:On any given day I am taking the actions that bring in the most money and currently that does not involve momo.


voodoo ?

:lol:


:roll: :roll: :roll:

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Braathen
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Postby Braathen » Fri Nov 06, 2009 10:24 am

Thanks for answer MO! you are teh tree :) :) i forgot.. so what u up to atm.. rat reversals?
"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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PTG
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Postby PTG » Fri Nov 06, 2009 7:07 pm

Why I didn't take this trade ? No idea. Not very smart. :-& :smt017 :smt089

Nr. 1 was the first retrace to that supply zone (see 2nd picture below) I missed out on that one.

Nr. 2 was the 2nd one. I had noticed it, but decided to not invest 10 pips for a multiple of that because I thought it might go a bit higher through the the zone, which it didn't. I'm still shaking my head in disbelief.

Image

Image

'Houston, we have a problem..' ](*,) :smt013 :smt021
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jahjahblessed
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Postby jahjahblessed » Fri Nov 06, 2009 11:48 pm

PTG wrote:Why I didn't take this trade ? No idea. Not very smart. :-& :smt017 :smt089

Nr. 1 was the first retrace to that supply zone (see 2nd picture below) I missed out on that one.

Nr. 2 was the 2nd one. I had noticed it, but decided to not invest 10 pips for a multiple of that because I thought it might go a bit higher through the the zone, which it didn't. I'm still shaking my head in disbelief.

Image

Image

'Houston, we have a problem..' ](*,) :smt013 :smt021


No worries my youth, theres plenty to go around, next time. I took Nr. 2 from 1.6604 my TP was @ 1.6500 miss it by 18 pips 1.6517 while working no chance to check it retrace back to my SL 10pips. man really I'm on my way really on my way
transform to PIP"S FARI

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PTG
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Postby PTG » Sat Nov 07, 2009 12:13 am

jahjahblessed wrote:No worries my youth, theres plenty to go around, next time. I took Nr. 2 from 1.6604 my TP was @ 1.6500 miss it by 18 pips 1.6517 while working no chance to check it retrace back to my SL 10pips. man really I'm on my way really on my way


Absolutely 8)

It's difficult when you can't follow up trades. In hindshight ( :roll: ) the 1.6545 area might have been better to take profit, but then again it might have worked on other days; the range today wasn't very high. It might work next time.. :D
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