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  #30174  
Old May 15, 2009 4:03pm
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Originally Posted by g_j_hook@yah View Post
today i shorted the eu/us @ 135.79 (reasons not necesary)
i left my stop as it was and to be honest i thought i was going to stopped out before i got home
Read your statement again and again..... and again.

Then ask yourself one question: Why am I trading, is it for adrenaline rush or because I want to be a successful business owner?

If you had $500,000 on your plate would you leave your house thinking...'G.. I think, i'm gonna get stopped out'... and do nothing..

If you don't stop treating trading like a video game, might as well donate your money to some good charity org. now...
Trading on 1hr, eh....

p.s.
I also shorted fiber (aussie and cable) last night @ 3632 with stop @ 3670. Still in the trade...

Happy trading..
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  #30200  
Old May 16, 2009 4:17pm
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Originally Posted by Lou View Post
1. If I had $ 500,000 on my plate for trading purposes, that means I would have at least 25 times that much as my income. If that were so, I quite possibly would not be trading at all. Rather I would be managing the charitable foundation I had set up.
2. Having said #1 , some of us still must work 9 to 5 and more. And cannot access charts, possibly not even see any during the day. What constructive suggestions would you have for those who need to 'set and step away' ? I could have said set and forget, but that is hardly the case.
Re:1
Perhaps my bad, I really meant controlling $500k (not having 500k account), which is about 5std lots? I bet you would be trading, but you?d be waiting for a setup like we had on Cad on Nov 11.07, since you would not have the urge/need to trade every day/week...

Re:2.
A) trading only the best probability setups with reduced risk to about .05%. They don?t come often, but they do from time to time and it?s hard to lose money if they?re also supported by confluence and some fundies.

B) If you work during Euro session, I?d spend a couple days a week trading US or Asia session. It?s hard to trade and work 9to5 at the same time, but it?s possible with some sacrifices..

C) Trading off of daily only with .05% risk. Even if you work full time, you should be able to do quick chart scan at the end of a day and make your trading decision. With some analysis/homework on the weekends, It used to take me about 15min to check charts at 6PM est and decide: trade it or leave it

I understand your point about having 9 to 5 job and not being able to watch the charts. I'm at the liberty of watching markets whenever I want (wife permitting), and i don't leave my trading desk until stops are at
BE (most of the time, especially true for larger positions). It was much harder when I had to work 9 to 5.
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  #30224  
Old May 17, 2009 1:17pm
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Originally Posted by alter View Post
Raczekfx why would you risk just 0.05% if there is the best probability setup. You get 3 or 4 such a setups per month so even if they all are winners and your RRR would be 2/1, you would make just 0.4 % per month or 4.8% per year.
Regarding point B , would you recommend to trade H4 or H1 charts?
Obviously , one would find much faster if system works or it does not , then on the weekly.
Thank you
alter
Correction!!!
I meant 0.5% risk on a trade for someone who can't watch the charts at all times, but wants to participate in the market and trade off daily charts. On the best setups I can even go as high as 8%(if I'm correct Darkstar went even 10% on certain setups.. Mike?), but then again I'm glued to the screens until stops are at BE (hence my rate of return exceeded my wildest dream this year…lol)
I can't really nor do I want to recommend anything. I know what I’m capable of, I know my strengths and weaknesses and can only ‘advise myself’. If you comfortable with 1hr, go ahead and trade it. Statistically speaking, if you do so while you still struggle to learn the behavior of currencies, your chances of survival in a long term are NIL.
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  #30245  
Old May 17, 2009 8:04pm
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Originally Posted by mbqb11 View Post
that was for one specific system he used exploit a rare occurring inefficiency. He later ditched due to lack of trades. His main system was run at 2% risk and had a very high expectancy.


Mike
Thanks Mike
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  #30359  
Old May 18, 2009 11:19pm
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Originally Posted by rustyjeff View Post
thought i would give an example of how i play retraces.

after price closed at the end of the day,,est. the gu was the most obvious.

i sold 4 std lots & closed 3 at the first level. I have left the stop till I see what happens at the firsrt res (new).
I have a target but will watch closely & get out @ be if it goes past this first res.
50ps move on these 4std is a very nice daily 'scalp' income...
I've been doing it for almost a year now regardless of the trend.
In before market closes, out within first hour of tokyo open or at least move st to BE....
You're very observant Jeff... lol....very nice, very nice...
Market always rewards those, who think independently of the crowd...

p.s. should fiber hit 1.3580 intraday, I'd be in it as well via limit order (now canceled). Waiting for another opportunity elsewhere ....
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  #30364  
Old May 18, 2009 11:44pm
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Originally Posted by rustyjeff View Post
...

What I wanted to try & get across here is that this stuff is best when the individual uses it to create their own method/system.
When one starts to understand how price moves, not why, all becomes easier.
just wait for what you want & trade it.
I hear ya my friend...
I see people come to this thread thinking they have found a holly grail, blindly trade pins, be-buovb, lose some money, get disappointed and and leave...
They don't understand, j16trading is not a system, but only a method. A VERY POWERFUL method, which can catapult your trading to the highest level possible if you use it to complement your own trading system. Having said that, you still have to use your brain... Many are chosen, but only a few will survive.... . Oh well, you can't save every soul. Everyone has different lesson to learn.

Have a great trading week.

p.s. you should take your wife shopping to Montreal one day...
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  #30408  
Old May 19, 2009 8:57am
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Originally Posted by markmm View Post
Do you think its worthwhile spending time just watching price action at S/R with Vhands? Im sure you could see a pattern for scalping, like Jeffs retrace.
It's always worthwhile looking for patterns. Market loves repetition....
Hence I shorted 4 yen crosses without blinking my eye, when dow futures hit 8540 almost 3 hrs ago... .
I also longed ucad when oil hit 60 mark again...
I still believe euro will be on it's knees by the end of this year, but I'll stop right here...

You have to find the edge. It's a ZERO sum game after all.
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  #30410  
Old May 19, 2009 9:08am
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Originally Posted by Jlr View Post
Did you take that 1hr pb, or just fade it? Saw that level approaching but just couldn't pull the trigger. Nice play
I haven't changed my trading style in over a year now....
.
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  #30413  
Old May 19, 2009 9:28am
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Originally Posted by mattfx View Post
If someone tells you to change your trading style I suggest that you completely ignor them, from what I have seen there raczekfx you have eyes in the back of your head....
If I read what other people think or say, their opinions, etc... I would be like millions of those zombies glued to TV boxes. You would see me on this board posting something like :
what do you guys think of this.... I need your opinion on eur/jpy long.... do you think it's ok to short this pin bar.....what do i do next ? or constantly questioning my own decisions, unable to pull the trigger. Sounds esoteric, but all answers are within you, you just have to know where to look...

You were given eyes, so you could see and brain to think, not to follow masses blindly. If don't use your senses properly, you're a brainwashed android, not a HUMAN BEING
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  #31933  
Old Jun 2, 2009 2:33pm
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Originally Posted by Ryanmcd View Post
Don't think so much, who cares if it's going up so much, if you have a good reason why it may go up more get into the move with a low risk trade. Play PB's WITH THE TREND for a change, that's 1 less think to have to worry about. Don't always look for CT trades, I play CT and Trend all day everyday, a good trade is a good trade as long as the risk is low and reward is high.
Can't add any more wisdom to that...

Good to see you posting again Ryan.
No hard feelings bro...
.
.
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  #31956  
Old Jun 2, 2009 9:43pm
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Originally Posted by Tipers View Post
Hey guys, long time reader and first time poster. I'm a 21 year old accounting/finance student from Brisbane Australia.

I was wondering if I could get some thoughts on the DBLHC on the daily EURUSD chart attached.

A dblhc has formed now and hints at a trend continuation.
Alex
Welcome to the thread Alex.

From my experience dblhc have better probability if they're taken at swing low, same as buov bars. Taking this bar right now is becoming too risky imo. Trend is strong, but it ran for four days without any good retrace. I think one is due and it might take fiber back to around 3940/4000. This is area where I would be looking to get back in long. I had short, counter trend orders around 4350 earlier today but it never triggered. Price might still continue upward movement from here, but I would not leave my screens untill my stop is at be if I were to trade long hand.
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  #31958  
Old Jun 2, 2009 9:57pm
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Originally Posted by ghous View Post
Rac!!!

Long time Bro,
I know.. busy flying planes now....
Very addictive hobby.

We're getting close to summer and I will be winding down trading a bit.
Taking only the best setups over the next 2-3 months, since I've learned the hard way over the years to be ultra picky in July-August.
Hope your exams are going well. Masters next?
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  #31961  
Old Jun 2, 2009 10:17pm
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Quote:
Originally Posted by ghous View Post

(Jeez, I am 19 )
G.. It seems, I've known you for 40years...

Quote:
Originally Posted by HipsterPipster View Post
Isn't a Piper Cub some form of young trader?
He, he... it is.
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  #32026  
Old Jun 3, 2009 10:55am
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Originally Posted by alkhatarey View Post
.. if i miss something show it to me
.

.
- )
,

Last edited by raczekfx, Jun 3, 2009 11:29am
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  #32073  
Old Jun 3, 2009 3:25pm
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Originally Posted by raczekfx View Post
Welcome to the thread Alex.

From my experience dblhc have better probability if they're taken at swing low, same as buov bars. Taking this bar right now is becoming too risky imo. Trend is strong, but it ran for four days without any good retrace. I think one is due and it might take fiber back to around 3940/4000.
Didn't get my 4350 in asia either and ended up taking a 4hr break and added more on pullback. Flat for now. 'Really looking forward to Tokyo...'
.
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  #32074  
Old Jun 3, 2009 3:33pm
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Originally Posted by raczekfx View Post
Didn't get my 4350 in asia either and .....
.
If things will works out as I think they will, I would've been only 13 pips short from catching the swing's top....
Back to a drawing board; need to do better planning ..
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  #32214  
Old Jun 4, 2009 8:05am
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Originally Posted by jarroo View Post
Now that's A hard Break wowow Gbp/Usd.
after daily beovb break wait for 38/50 fib and ppz retr. (confluence) stop above 61, short, boooom....
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  #32250  
Old Jun 4, 2009 12:34pm
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Originally Posted by g_j_hook@yah View Post
do you also enter at the break or just miss the trade if there is no retrace??
..
No, I didn't setup limit order with anticipation of a break this time. If there was no retrace I would simply miss the trade.
I will however be on a weekly pin break if it 'shows up'

Quote:
Originally Posted by alter View Post
It is very sophisticated. Would u use the same approach with the PBs or IBs?
And what if the price breaks BEOB and reaches first resistance area before she retraces to CONFLUENCE, would you still enter?
Thank you.
Not sophisticated.. It's a simple trading plan that takes into account break of bar setups and retrace to confluence area. Pins yes, IBs no (don't trade them). I thought about setting up limit sell for two day pin break on fiber, but price was too close to my target(short) and reverse area (I had outstanding buy limit for fiber waiting at 1.4040)
I was however short fiber (in asia) with limit sell at 1.4210, stop above 1.4275 (I conversed with Ikki last night when price was hoovering around 1.4180 and mentioned that I'm going to short certain crosses if price moves up 30 more pips)
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  #32285  
Old Jun 4, 2009 8:16pm
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Originally Posted by g_j_hook@yah View Post
thanx rac for the insight, i was wondering why the weekly??
check the weekly chart on cable..
Quote:
i was also wondering how you manage your trades? do you have hard targets related with the fibs you use?or targets set to PPZs ,R:R, or.....wot?hehe
cheers for your time
Hard targets if trade was talem against the trend, be it fibs, ppz,. Trail behind two bars behind if with a trend, with partial profit at certain targets, RR? Usually 1:1, but I kill the trade early if it doesn't look right.

Quote:
jon
EDIT: sorry one more thing, do you only measure the retrace from the bars H/L or also include the full swing (i.e measure the fib from the total move including the H/L after the break of the bar??)
iv been toying with both, thanx
from the total swing high low most of the time
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  #33062  
Old Jun 10, 2009 3:13pm
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Originally Posted by Matiasfx View Post
I took a nice raczekfx type of trade on euro 4h from 50/61.8%fibs / PPZ/ 2bar pin... Working out great so far

Cheers

Matty
ha, ha... right on.. Matt
simple, isn't it?

I've been on it as well, along with cable till just before 2PM. (that's when dow reverses on most days). More to come bro, more to come, gap wants to close...

.
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  #33063  
Old Jun 10, 2009 3:30pm
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50/61 fibs is a powerful thing, especially when combined with ppz and some other confluence, but people tend to complicate their lives with totally unnecessary stuff...
This is the reason why so many mbas, doctors, dentists and rocket scientists fail in this business (they always will).
Out of my many trading friends, the most successful group is .... farmers.
They know exactly how simple life can be.

back to cave.
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  #33066  
Old Jun 10, 2009 3:45pm
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Originally Posted by ikki View Post
Hey Alexandra,

Could you post a chart with your thoughts on G/J.?
And your bias on E/U?


Thanks,
You're bad, George....
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  #33067  
Old Jun 10, 2009 3:49pm
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Originally Posted by Jlr View Post
Raz, out of curiosity if you don't mind, did you take E/J? I got taken out on that one just barely, had my entry at 137.66, and my stop just past the 61.8. I was playing a retrace of what also appears to be a 2 day pin. Anything obviously wrong with this trade? There was PPZ there and everything. Not a biggy, caught the one last week, just wondering if I did anything wrong? thanks. Heres a pic btw if it helps... futures was at resistance too, but shot past it to the next point I guess.
Yes, I did, and rode it till around 2PM est.
Stop just above 61 was not good imo, cause we didn't have any confluence. Trading retraces based on just one indicator will kill your account just like divergence by itself. I waited for PA around TL and 61fib (call it forced confluence). I got a pin on 30min and took it with 12ps sl.
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  #33077  
Old Jun 10, 2009 4:49pm
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Originally Posted by jarroo View Post
Painful memories...
I remember sitting on my hands when price hit 8850, touched the mouse, sat on my hands again, touch the mouse again...etc... Infested my brain with some nonsense post, which read that fiber is aiming at 150. Never traded.
Reading forums can poison your brain sometimes....lol

will we finally break this ej - 3 week trend over the next 2-3 days and get continuation-south on nu...
.
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  #33083  
Old Jun 10, 2009 5:10pm
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Originally Posted by jarroo View Post
While you where sitting on your hands I was thinking "Mark is all over this one". lol
I wish. I didn't dare to trade against Jim's son...
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  #33087  
Old Jun 10, 2009 5:22pm
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Originally Posted by KissFan View Post
have been going back over many of your charts for months and have done pretty well with demoing the 4 hr TF (I trade money almost exclusively off daily/weekly charts) with this model------- Combine PA with the 50/61.8 and the 150/365 ema. I like the low risk of entering that way.


K.I.S.S.
Glad to hear that K.
You can't lose much money trading that way as long as you keep your stop fairly tight. If I remember correctly from my back and forward testing, this method gives you more that 80% W/L ratio off of daily.
No point of posting much if nothing has changed.....

Quote:
Originally Posted by jarroo View Post
Your right. Although he was looking at the 89.
My sl would've been 8930
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  #33232  
Old Jun 12, 2009 7:38am
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Smile

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Originally Posted by Forex007 View Post
I bet Raczek is already short...

Just kidding Waiting for (at least) the current bar to close would be prudent. If it does go down, that could be quite a fall (RR-wise)...
Close, but no lunch this time.... needed 18 more pips.
It could be quite a fall....
.
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  #33260  
Old Jun 12, 2009 12:41pm
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Originally Posted by mbqb11 View Post
bummer I knew you would be all over this one too. This was a raczekfx special. Still lesson learned here for everyone. Have your plan and trade it. Things don't always go the way you want it, and you move on to the next trade

Mike
bummer alright, lol.
It happens a lot, but there is always next trade.
We'll eat fiber and cable for breakfast, lunch and supper throughout the next week...
Have a great weekend Mike.
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  #33261  
Old Jun 12, 2009 4:06pm
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Originally Posted by raczekfx View Post
bummer alright, lol.
It happens a lot, but there is always next trade. ..
... and my boys would've laughed at me if I missed the retest....

h.a.g.o
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  #33395  
Old Jun 15, 2009 8:16am
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Originally Posted by raczekfx View Post
We'll eat fiber and cable for breakfast, lunch and supper throughout the next week...
That was just a breakfast...closing for now..
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  #33398  
Old Jun 15, 2009 8:48am
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Originally Posted by KissFan View Post
I'm up 204 currently from the fall, stops tight. It has definately run out of steam for the moment. I'll probably get taken out when Geitner speaks and then I'll be looking for more PA to short again.

K.I.S.S.



Quote:
Originally Posted by supremeChaos;2803381

Can't wait for [B
raczekfx'[/b]s lunch and supper today & the subsequent ones throughout this week....
don't wait... just watch alexandra's charts and market views and to the opposite..



.
ps. kidding off course
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  #33498  
Old Jun 16, 2009 8:35am
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Originally Posted by raczekfx View Post
That was just a breakfast...closing for now..
Another breakfast, but still no lunch.....
and so on and so forth.......
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  #33501  
Old Jun 16, 2009 8:46am
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Originally Posted by Matiasfx View Post
Lots of good action on 4h today!!!
Here is a little 4h Racz kind of trade on audcad 4h at 50/61.8fibs-ppz

Cheers

Mat
PS: That's not a pin (above arrow)
..
I passed on this one and picked runners.
longed eu, gu, ej and gj instead...
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  #33513  
Old Jun 16, 2009 9:53am
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Originally Posted by Sanook View Post
Why do you never post any losing trades?

I'm not trying to be antagonistic, but when someone is connected to a commercial venture, and they never post any losing trades, I become extremely suspicious of both them and the commercial venture.
I see, this is your first post on this thread... without introduction and already having negative tone.

Hang around here, get us to know you better, then put some effort to go back and read some of my post here that touch on psychology and perhaps you'll find your answer. Changing your attitude can materialize in form of more positive pips in your account as well. You can drop your suspicion and trust me on this one.
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  #33523  
Old Jun 16, 2009 10:50am
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Originally Posted by Goozman View Post
DId you close the trades around the time you posted those charts?
Yes, I usually post after cycle is completed... psychology thingy again...
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  #33528  
Old Jun 16, 2009 10:59am
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Originally Posted by bundyraider View Post
I like how Ikki vindicated what I said in your defense by posting another successful Rac style trade straight after my post.
lol... some people will never get it, that's the fact of life.
And instead of being persistent and happy that someone is actually giving them meal on a silver platter, they turn their energy into jealousy, anger and other negativity. Failing to realize that negativity is a destructive force, they're stuck in that circle without the end.

btw. by commercial, he must've refered to my presence on zulutrade because even though I recommended j16private forum on many occasions here, I receive no remuneration of any kind. My contribution there is strictly based on volunteering basis.
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  #33536  
Old Jun 16, 2009 11:24am
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Originally Posted by Ryanmcd View Post
Very good post, it comes back to the "If I cant win no one can" and they get jaded and say it's the MARKETS fault lol, I just laugh at all that crap.
Good to see you post Ryan.
I have to confess, that I have tested your 5min some time ago and had ..... 95% W/L ratio while trading around S/R...
... but still prefer my 4hr tf, which hovers around 70-80 w/l ...
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  #33550  
Old Jun 16, 2009 12:39pm
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Originally Posted by joebryce View Post
...
We all know your da man. ...
I think you've got it all backwards...

da man, posted here.

I'm just another full time trader, who treats this 'experience' as a serious business. Whether someone cares to read or skip my posts, remains neutral to my well being. If I helped someone, that's great, if not... who cares. Life's too short, time too precious...

btw.
looking to sell aussie, missed initial trigger due to other activities. Also looking forward to demise of e/j... as soon as chart, I posted in the pf yesterday breaks
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  #33553  
Old Jun 16, 2009 12:49pm
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Originally Posted by james16 View Post
cmon rac ive been trying to get rid of the "da man" status for almost 5 years.

if someone wants to place rac on that throne im perfectly ok with it.

no James, you've earned it. Even my wife said that.... and you know, I almost always listen to her... just as they say: 'happy wife, happy life'...


if anyone ever insists on nominating me, I'll disappear from FF forever...
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  #33574  
Old Jun 16, 2009 5:10pm
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Originally Posted by Ryanmcd View Post
It all works, it really does.
Yep, it does.

Quote:
Originally Posted by Ryanmcd View Post
Also about the 5min, if your good at it you can really make 10-20% a week risking 2%
That's an understatement , but I won't post any figures. Rusty probably knows what I'm talking about.

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Originally Posted by Ryanmcd View Post
BUT the mental toll it takes on you is not worth it and the 80+ hour weeks and no life is just not worth the money to me in the long run.
This is one of the reasons I moved to higher TFs. W/L ratio decreases (only because my trading includes B and C trades.), but I manage to catch more runners (100ps +) as opposed to shorter tf where I had good W/L, but majority of those trades were good for 10-30ps only.
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  #33672  
Old Jun 17, 2009 9:00am
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Default Happy B-day!

.



Last edited by raczekfx, Jun 17, 2009 1:09pm Reason: synch
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  #33682  
Old Jun 17, 2009 9:52am
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Quote:
Originally Posted by Ryanmcd View Post
Rac, you need to make a J16-remix. Take him saying "This stuff is dirt simple folks" and put some dance music in it lol
lol... I could I forget.
It's been corrected, but without music. FF won't allow it..
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  #33717  
Old Jun 17, 2009 1:18pm
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Default B-day present (for Sanook as well) - live. check my sentiment on profile page 2d old

Here's my sell limit....
not sure if we get that high.., but it would be very nice...
Aiming @ 3460 for now and beyond (July-August)
.
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  #33727  
Old Jun 17, 2009 2:06pm
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Quote:
Originally Posted by james16 View Post
how the heck did you do that?

i almost fell out of my chair. lol.

thanks rac.

jim
anytime James.

I'm not that good...
I used MS paint (to cut and paste) and free online service from Here
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  #33729  
Old Jun 17, 2009 2:14pm
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Quote:
Originally Posted by LasVahGoose View Post
Hi Rac,

One could argue that on the 4hr chart the EUR/USD has been in an uptrend since 03-04-09, what are you seeing that would reverse the current uptrend and go back down to the 1.3460 (close to 1.3500 round number)?
lol.. I don't want to argue with anyone.. I only trade my plan...
Wonder if this chart would help?


Quote:
Originally Posted by Ryanmcd View Post
Rac that is the best ever hahahahah
Thanks Ryan... you gave me some ideas ...lol
.
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  #33817  
Old Jun 18, 2009 6:13am
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.
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  #33831  
Old Jun 18, 2009 9:25am
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Quote:
Originally Posted by Angel65 View Post
Hi Rack,

You share your trading knowledge day after day with sincerity and integrity and my trading/life begin to change.

My only concern, no sorry I mean my duty now is to tell you that all you have been done is not for NOTHING !!

Each chart you post pushes me to work harder and to go ahead of my learning curve !!

Put simply, hat off to you !!!

Thanks for your atttention

Happy trading

Angel65
I'm glad you find them (charts) useful, Angel

Quote:
Originally Posted by g_j_hook@yah View Post
p.s. did price reach your sell limit order on the eu??it looks close on my feed?
cheers
jon
missed my limit by 4 or 5 pips last night. I have moved it a bit higher since.

Quote:
Originally Posted by supremeChaos View Post
raczekfx,
don't tell me u still call that breakfast...
yes, these are just intra-day plays until we move out of consolidation zones.
Lunch will come when cable hits 1.57 and fiber 1.34 or 1.30. The day will come, even though US wants its $$ cheap....

You just can't stop certain European banks from falling...
What's happening in Latvia right now is just a beginning imho...

Last edited by raczekfx, Jun 18, 2009 9:35am
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  #33870  
Old Jun 18, 2009 1:37pm
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Default a losing trade

Here you go.

entry 6352 (fibs/ppz confl)
stopped out @ 6393.

Next logical stop would've been above 6470 (above 1hr pb), but it was too high for my liking.

Now, that I'm out, just watch the cable fall and break today's low in the next 48hrs..lol
.
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  #33877  
Old Jun 18, 2009 1:57pm
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Quote:
Originally Posted by StoragePro View Post

As far as PPZ characteristics go, and PA around them, do you look for certain things?
Yes.

1. I have established 300ps range
2. Looked at two consecutive Beovb setups over the last 48hrs.
3. those 2 bearish bars (especially the last one - its size and momentum) sold me a hint that temp top has been established and it would be safe playing a retrace for another test of lower range.
I'm pretty sure, If I had a 120ps stop, I would not be taken out, since I still see that ship tanking in the near future (perhaps even tonight....)
Onto the next one...

.
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  #33880  
Old Jun 18, 2009 2:07pm
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Lightbulb Another trade...

Quote:
Originally Posted by raczekfx View Post
missed my limit by 4 or 5 pips last night. I have moved it a bit higher since.

.
my limit didn't get hit and I pulled the trigger manually.
Just closed this trade as it approached support @ 3886. I will reevaluate fiber later. You know my bias anyways...lol

Ok.. enough posting for some time. Need to concentrate more on trading.
see you in a bit.

.
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  #33882  
Old Jun 18, 2009 2:12pm
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Quote:
Originally Posted by raczekfx View Post
Here you go.

....

Now, that I'm out, just watch the cable fall ..
.
If you can't cry... you got a laugh....
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  #34422  
Old Jun 23, 2009 9:24am
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Quote:
Originally Posted by squeezy View Post
isnt this a rac, ikki, 4fun kind of trade
looking for pa here but nothing yet, sure rac wld hav a sell limit here...lol
bit too early, but I get the feeling we'll see 132 again..

Is ghous a girl trader...? , nuh... maybe is...nuh..., I talked to rusty..., Mike and his/her webinar voice changer......

Where is my C-ball?
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  #34498  
Old Jun 23, 2009 2:45pm
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Quote:
Originally Posted by ghous View Post
yeah it's abt cool jets, crystal balls and a myriad number of envious fans.

Jets and warbirds for sure....

a couple of charts.
1. waiting for crude to hit resistance before taking short positions on e/u and g/u (yes short positions), contrary to $ gloom and doom scenarios being spread around by your friendly news casters on FF.

2. dj sitting on resistance and normally I'd be buying yen crosses as fast as I could press on mouse button, but not today. Something just doesn't add up and I would not be surprised to see dj at much, much lower levels in the next two months. We'll see.

.
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  #34500  
Old Jun 23, 2009 2:56pm
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Quote:
Originally Posted by ikki View Post
So you bought it... LOL ...
no, I didn't.

and while we're at tracing. I remember back few years ago a couple of my friends tried to trace infamous 'vegas' when he took their money and disappeared.
They didn't succeed as they found out he was using ssl tunnels from service in Lichtenstein
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  #34502  
Old Jun 23, 2009 3:00pm
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Quote:
Originally Posted by ikki View Post
Mark, tomorrow is FOMC Statement. So you will wait after that event.?
It might be a good idea. US based crosses should slowly inch lower until fomc, but what happens after is hard guess. One of my friends has mentioned to be very cautious as fiber might shoot up a couple of hundred pips right after the news and then get slaughtered. Who knows....
We'll have to wait and see.
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  #34569  
Old Jun 23, 2009 8:43pm
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Quote:
Originally Posted by dkmb92 View Post
hi rac, what are your current thoughts on ucad & its correlation to oil? if oil continues to rise might we seem some bearish pa at ~1.1650-1750 area that might take us down to the ~1.07 at some point (later this summer?)? how high do you think oil might be going this time? some dude w/ glasses & a bow-tie on bloomberg said between $85-100. () thx.
i'm aiming remainder of my position (about 25% left) for 1.18/1.20.
I've already responded to one guy, who was predicting oil to hit 90 this summer. Imho it ain't happening for years to come if you want to see us economy recover. Imho 76 is the top for the summer and oil will head back to 50s as soon as people realize, economy's nowhere near a turning point. $$$ will strengthen (fiber will fall 1.30 anyone?) and that should propel loonie to my 1.20.
This is strictly my point of view/beliefs and it should not be taken as a trading advice. I've been wrong before.
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  #34680  
Old Jun 24, 2009 7:36am
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Quote:
Originally Posted by Alexandra View Post
It's easy to take pot shots in this business, but that is an embarrassing one for her.
You know, she might be right on this one..
I tipped her off..
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  #34684  
Old Jun 24, 2009 7:51am
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Quote:
Originally Posted by Alexandra View Post
LOL - You must work for the SNB!

Thank Goodness for those 4-hour price tip-offs!
lol.. not a chance.
'I work for...' a well being of my family...and better future of my kids.
It remains to be seen, if it can be achieved on this 'battled' planet.
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  #34687  
Old Jun 24, 2009 7:58am
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Default Sometimes you get them, sometimes you don't..

I waited for that 8hr pb at 135.60..
What's happening with you EJ..
.
Quote:
Originally Posted by Alexandra View Post
Indeed! No better purpose!

C'mon...buy some EURUSD with me - you can do it...c'mon!
I would, but it's not appealing to me at this level. I was long earlier from about 1.3860 (38 was a good support level and I was kind of late...)
After fomc, I might be a seller....
.
.
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  #34717  
Old Jun 24, 2009 10:35am
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Quote:
Originally Posted by supremeChaos View Post
raczekfx,
Another reason why u are 1 of my idols. x100
oh brother... I need to hide..
I don't need any fans...lol
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  #34738  
Old Jun 24, 2009 1:47pm
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Quote:
Originally Posted by StoragePro View Post
I wanna have your baby...
Sorry to disappoint... I'm straight!
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  #34741  
Old Jun 24, 2009 2:03pm
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Quote:
Originally Posted by StoragePro View Post
Not that there is anything wrong with that....
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  #34742  
Old Jun 24, 2009 2:04pm
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Regardless on the outcome of fomc, I'll be looking @ 1.57 as the next target.
.
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  #34746  
Old Jun 24, 2009 2:20pm
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Thumbs down nice spread

here we go..
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  #34756  
Old Jun 24, 2009 2:42pm
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taking 75% position off the table right now. Will reevaluate in asia or on the break lower.
If we break, 1.34 is next logical tp for me.
till next time. gotto go fire up my yak...the weather here is gorgeous
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  #34822  
Old Jun 24, 2009 5:30pm
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Quote:
Originally Posted by james16 View Post
we know rac but the word is out that storage is actually a really foxy lady.

jim
ha, ha... I must be getting old. I haven't come across single lady, who deals with storage area networks.
I would not have guessed it in a 1000 years..
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  #34824  
Old Jun 24, 2009 5:40pm
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Quote:
Originally Posted by james16 View Post
imho the dow is hanging on a cliff.

at its current level if it fails to hold 8200 i think the floor gives way.

i think 8000 will be a bump in the road on the way down to 7500-7700 and maybe lower if that happens.

if it holds here we could see a retest of 85 and possibly 89.

..
We've must've been drinking from the same bottle.
My thoughts exactly... C'mon yen.
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  #34826  
Old Jun 24, 2009 5:52pm
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Quote:
Originally Posted by StoragePro View Post
OMG - someone please shoot me.
.

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  #34828  
Old Jun 24, 2009 6:06pm
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Is crude trying to tell us something....
.
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  #34933  
Old Jun 25, 2009 7:59am
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I posted this chart in the pf last night as one on my watch list. Pulled the trigger when price was playing with the height of the left eye(more aggressive)
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  #34959  
Old Jun 25, 2009 10:10am
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Quote:
Originally Posted by g_j_hook@yah View Post
hi Rac, i would be interested to know what your TP plans are for this trade??
Also what method do you use for exiting a trade if you havent set a hard target?? TSL ,2 bar stop etc or do you hide it beind PPZs?
cheers
jon
1/3 off the table at 6275

1/3 aimed @ 6030
remainder @ 1.5530

hard targets with stops at BE. I will add 1/3 back on PA pointing south.
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  #34988  
Old Jun 25, 2009 1:37pm
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Default Some luck.

Quote:
Originally Posted by ghous View Post
While I still wait in ambush on the daily time frame, here's something I am playing around with in the meantime

Again...nothing fancy...pure logic and common sense combined with a basic understanding of side to side supp/res.
Haha,,, there is no logic at all in taking 6th touch. I'd rather call it suicidal gambling
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  #34996  
Old Jun 25, 2009 2:49pm
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Quote:
Originally Posted by ikki View Post
Mark, this level it's interesting, I wonder if tomorrow will have fireworks.
Thoughts?
It will be IF price gets there, but judging from behaviour of yen crosses today, there aren't too many traders betting, it will happen...
I tend to think, we'll touch 8000 and below before we'll see 9000
.
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  #35076  
Old Jun 25, 2009 9:58pm
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Quote:
Originally Posted by Alexandra View Post
Fortunately, longs on E/USD were protective in this instance above. ..
Fiber tried hard to break 3900 this morning, but TL repelled bears for now.
Call me stubborn, but I see fiber at 3500 before it sees 43300 again. Fundies are turning more and more negative for the euro zone..
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  #35093  
Old Jun 25, 2009 10:49pm
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Quote:
Originally Posted by jarroo View Post
On the Nzd/Usd PB that Jim took, the Daily BarBreak stop loss would have been about 50 pips. (Charts)

...
And TP was coincidental with rac's favorite....
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  #35173  
Old Jun 26, 2009 10:33am
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Few observations..
nothing significant but worth pointing out imho.
Every news caster is trashing $$ again, predicting cable to break 6660 and fiber getting stronger as well. If trading was that easy we would all be rich, but blindly following their predictions...

Dow's pausing after recording daily buovb off support yesterday. I think there is room to move to 8550 before turning south again (8000 being first stop?), but who knows; it might also drop 200ps today...
Oil behaves like is preparing for 62 next week.....
We will have to wait and see. Trade wisely and have a great weekend.
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  #35571  
Old Jun 30, 2009 11:42am
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Default oil

.
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  #35585  
Old Jun 30, 2009 1:50pm
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Quote:
Originally Posted by Matiasfx View Post
Oh boy, what a beauty!!!

Thanks for posting Mark

Have a nice one

Matty
I didn't trade oil, but in these market conditions I use both dj and crude to give me heads up on fiber, cable and yen crosses. You can be 80% right, just by observing these two around ppzs...

cheers, got a move stops and run....
.
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  #35590  
Old Jun 30, 2009 3:01pm
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Quote:
Originally Posted by ikki View Post
Mark, today we have Tankan.... Maybe we know a bias... after today?

thoughts?
If we get rid of last two letters from that word, maybe we get a clue to a riddle, 'what shall happen to yen crosses?'....
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  #35604  
Old Jun 30, 2009 5:34pm
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Watch your back and front....

Quote:
Originally Posted by Pipfox View Post
Hi,

Long time since I last posted but I saw something that I really wanted to share.



Check out this setup on Cable:
  • 50% retracement from July 15th 2008 High to Jan 23rd Low
  • BEOB Bearish Outside Bar at swing high
  • PPZ turning Oct 10th 2008 support low into new resistance
Also there has been some bad data out for the UK today as well as bad revisions, providing another form of confluence for any fundies out there.

Nick
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  #35608  
Old Jun 30, 2009 5:55pm
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Quote:
Originally Posted by Pipfox View Post
So on a scale of A to Z what would you rate it?
My scale runs from A to D only

if you traded 4hr, I'd considered that an A+
daily setup sits on daily ppz and in the middle of a trading range. I'd give it a C...
If I was not already in, I'd waited for price to retrace to 6540/6580 area..
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  #35615  
Old Jun 30, 2009 6:35pm
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Quote:
Originally Posted by Pipfox View Post
Thanks raczekfx. I'll be taking the trade, i'm looking long term so just a conservative 0.5% will hopefull bring a nice R/R.
Don't take me wrong... It may break and break hard in the next 24hrs, but just that it's sitting on daily ppz makes it look less attractive. This is the reason why I always look for opportunity on smaller tf. Besides, I posted my mid term TP for cable back few posts ago..

Quote:
Originally Posted by rustyjeff View Post
... You sleep at all Jeff..
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Last edited by raczekfx, Jun 30, 2009 6:51pm Reason: added div on chart
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  #35735  
Old Jul 1, 2009 10:25am
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Default Playing with fire...

Here's something I'm watching to give me idea about possible early short entries on fiber and cable...
weaker oil = weaker fiber and cable
Either way if i get PA, the stop will be above bar's high (june29 around 72.20
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  #35738  
Old Jul 1, 2009 10:53am
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Quote:
Originally Posted by raczekfx View Post
Here's something I'm watching to give me idea about possible early short entries on fiber and cable...
weaker oil = weaker fiber and cable
Either way if i get PA, the stop will be above bar's high (june29 around 72.20
got my PA....
and.. kaboom
Let's see if we can get 68.80 later today..
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  #35739  
Old Jul 1, 2009 11:00am
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and price is being held hostage by 61fib and ppz for now.
If it let go.....

anyways, happy Canada day!!!
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  #35746  
Old Jul 1, 2009 11:11am
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Quote:
Originally Posted by mbqb11 View Post
nice trading Mark, happy Canada day to you and our other Canadian friends
Thanks Mike.
It makes a big difference when you have a trading plan based on something solid instead of just trading on pure luck.
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  #35755  
Old Jul 1, 2009 1:37pm
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Quote:
Originally Posted by raczekfx View Post
got my PA....
and.. kaboom
Let's see if we can get 68.80 later today..
Beauty, target reached
.. too bad I'm not trading at 500Eu/pip ... one day...

Quote:
Originally Posted by Ryanmcd View Post
What is Canada day?
Canada's birthday
.

p.s. note to self: kind of wondering what's holding up fiber....very unusual.. perhaps low liquidity....or dj . Fiber should be hugging 1.40 now.
I guess everyone is hoping for a interest rate moving higher tomorrow and trichet announcing victory over recession.....
If that doesn't happen, I'd be looking forward to a reversal day...
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  #35791  
Old Jul 1, 2009 6:37pm
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Quote:
Originally Posted by Ryanmcd View Post
I can give you some hints, 1st thing, remove ALL signs of money from your charts, no % gained no $$$ amounts anywhere. It used to freak me out but now I watch the charts and price and tell myself I am only paper trading it and it's only paper.... Because it really is just that LOL
hints are always appreciated...
that's a good idea, I'll do it with my next chart I post.
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  #35793  
Old Jul 1, 2009 6:40pm
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Quote:
Originally Posted by billye View Post
do you have a explanation why oil drops back to yesterday's point after inventry today? I don't see anything very bad...
I have no idea, it just got to a point where my system gave me 'all go' signal.
What happened after is an added bonus. I can only speculate that someone in power wants oil to stay below 70 and ideally around $55 level. Anything above it will cause inflation to jump and eventually kill fragile economy, but these are just my thoughts.

Quote:
Originally Posted by sertio View Post
Hi rac

There are rumours that the Chinese have asked the G8 to discuss the issue of new global reserve currency
I've heard that, but the truth is that chinese are married to $$$ for many more years to come. They also stuck with buying US debt, so any new global reserve currency will hurt them very, very badly. Whether we like it or not, US$ will remain global currency for years to come, but if you hear a rumor like that in the future, you can temporarily use is as an advantage.
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  #35797  
Old Jul 1, 2009 6:49pm
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Quote:
Originally Posted by raczekfx View Post
got my PA....
and.. kaboom
Let's see if we can get 68.80 later today..
At the same time I also sold dj (it reached my sell zone).. and few others on which I won't comment for now.
Stop was few points above previous swing high.
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  #35807  
Old Jul 1, 2009 8:44pm
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Quote:
Originally Posted by Ryanmcd View Post
lol not the charts take it off whoever you trade with, so you dont see a gain or loss unless you count where you entered and then add it up, I never have done that prob too lazy
LoL... I got it now..., damn Johnny Walker
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  #35843  
Old Jul 2, 2009 7:57am
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Quote:
Originally Posted by raczekfx View Post
Here's something I'm watching to give me idea about possible early short entries on fiber and cable...
weaker oil = weaker fiber and cable
Either way if i get PA, the stop will be above bar's high (june29 around 72.20
These were the other two trades I made at the same time I got PA on oil and DJ. Since I don't discussed opened positions anymore I didn't posted initially, but quoted post should've hinted you what I traded...
Waiting for nonfarm now... and crawling back to my cave.. spend to much time on forums lately
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  #35855  
Old Jul 2, 2009 9:20am
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Quote:
Originally Posted by ghous View Post
You were right Ryan it's BOB!

Good to see you again bro,

You know how anxious Ryan was to to be privileged to learn trading from you?
Hey guys,

Let's forget about the past, shake hands and move forward. If Bob is, who he says he is, we might all benefit from his experience. Let's be civil here, bars open in just few hours...

Cheers,
M
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  #35862  
Old Jul 2, 2009 9:51am
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Quote:
Originally Posted by bobability View Post
But this is MY opinion:

You can trade much better than this style starting from a $1k account, I totally disagree with having to hold a huge account then trade for 0.3%.

What's the difference between the accuracy and proBOBABILTY between dailies and 4 hour or 60 min?

NONE in terms of patterms, bar formations etc, it's just it moves quicker and give you more set ups.

Who the hell wants to be woke up in the middle of the night to move a stop? Is that relaxing trading i ask you? Well it's not to me, that's being a SLAVE to the market, fcuk...
Welcome to the thread Bob,

Some valid points here. This is perhaps why 80% of my trading is done on 4 and 1hr TFs.
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  #35871  
Old Jul 2, 2009 10:40am
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Default CTs

I agree that CTs are much harder than trades with a trend, but as long as you have a proven method that works most of the time, I'm ok with it.

break of the minor ppz, return to break area, tl, 50fib, Sell, stop above 61.. could be one example.

It's all about probability, mindset and risk control....
.
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  #35874  
Old Jul 2, 2009 10:51am
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we're sitting on a daily SR once again with TL confl.
Up from here or down we break?
I'd expect a bounce. If dow and oil starts cutting back losses, fiber should easily move up till 41 at least, imho
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  #35879  
Old Jul 2, 2009 10:59am
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I'd also expect crude to bounce till 69 before falling below 65.
we'll see.
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  #35894  
Old Jul 2, 2009 11:43am
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Quote:
Originally Posted by bobability View Post
Trade the swing extreme Pinbars if you wish, I will wait 'till they are confirmed first then trade the WT bars, it's less risk and easier, no crappy indicators or voodoo explanations, it is as you see it. I'm willing to share this info for free, you will make money on this everyday. See your profits build.
Some very good info here folks for short term traders Take your notes... .
I can identify with it. It's simple, yet very effective.

Quote:
Originally Posted by bobability View Post
There you go, there's a lot of info on this chart, suck it up. You can succeed trading this way, it's piss easy.

Edit: There's even a trade I missed, can you spot it?
.
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  #35961  
Old Jul 2, 2009 6:41pm
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Originally Posted by gasgas View Post
Hey raczekfx

I saw you sell Eur today on that chart...and you were right. How come you went short after DBLHC?? I actually went Long and was stopped with some loss.

Thanks
S&P, dow and crude, all gave me signal to sell fiber and cable.
I don't really give much attention to dblhc at trend high. If my system tells me sell, I will do so, regardless of what everyone is saying. I have faded quite a few news guys yesterday. These guys never quit....lol



Quote:
Originally Posted by raczekfx View Post
Some very good info here folks for short term traders Take your notes... .
I can identify with it. It's simple, yet very effective.


.
This trade was based on what Bob added here today...
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  #35972  
Old Jul 2, 2009 8:35pm
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Quote:
Originally Posted by Alexandra View Post
Nice work. I am ready to buy some back I believe in here. Early PA is supportive.
Interesting thoughts.

I have a friend, who has a subscription to jacko's service and every time he gets signals, he would call or sms me asking for advice...lol
He called me an hour ago and and asked if he should place a buy order at 3960..... It might be coincidence, but you guys have very similar thoughts...

We'll probably get a pullback to 40, but looking at 4hr, I wouldn't really count on fiber shooting right back to 42. We'll see.
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  #35977  
Old Jul 2, 2009 9:37pm
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Quote:
Originally Posted by Alexandra View Post
Looking at it closer, that 60 area is about at the 50 Fibo of the recent upswing - I believe that is his M.O. I was looking more directly at PA off of the support, along with the intermarket analysis.
I know it looks like rac's favorite, but since we closed below daily ppz and below TL, I will be a net seller not a buyer. Waiting for a bar off ppz and 1hr TL to confirm.
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  #36070  
Old Jul 3, 2009 11:57am
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Quote:
Originally Posted by ghous View Post
..

James has done more than just teach us how to trade. He cares for every newbie that comes along here for help and every $ that he makes or looses.

He knows why the higher time frames are important for any newbie and we've all experienced it.

.
Let me add my 2c.

I have started on small TFs and saw the light after few years, but it was a psychological and physical nightmare. I then came across J16 thread and Jims approach for newbs like me was a gift from heavens. I learnt how to sit back, relax and trade in a more civil way. It was time of study, learning about my ego, building self-confidence and taking time to develop my own style. Few more years have passed and I’m comfortable with what I’m doing, but I do agree with a statement that it will take you forever to build your account if you stay on dailies forever. It’s perfect TF to learn and trade live with a small micro account (I don’t like demos), but when you’re ready, you better have a large account if you want to live off of trading.
As I got better, I moved down to 4 and 1hr and this is where I’m building my account, no doubt about it. I know that Jim’s is trading on small TFs (you can watch his videos), but it’s just not for everyone at the beginning of his/her own trading career. Some people learn new language in few months, others will take years, yet others will never learn it. The same goes with trading…
One thing I can say for sure, dailies allowed me to take a step back and trade in a more ‘trader friendly’ manners, but as I evolve, I find 1 & 4 being ideal for my style…
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  #36073  
Old Jul 3, 2009 12:10pm
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Quote:
Originally Posted by verno View Post
Bob, I tried to PM you but it didn't work. Not sure how best to contact you.
members need to have at least 50 posts in order for PM to work.
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  #36216  
Old Jul 4, 2009 11:15am
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Quote:
Originally Posted by ghous View Post
Here's the Gu 4H chart with tradable PA setups over a month approx.

Was just going through them over the weekend and thought I would share.

Again...

Great bars at good locations doing what they are supposed to do.

Regards,
Ghous.

This is one of the proper and easy ways to stay profitable in a ranging market unless you're crazy dude like me....
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  #36218  
Old Jul 4, 2009 11:25am
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Quote:
Originally Posted by ghous View Post
Nah!

That's how I would be sitting if I can could get hold of Rac's crystal ball.

That looks like one satisfied kitty. lol
You're funny..., I'm not that old.
Here's something for you. My local buddy Nick flying.... he's your age Ghous.

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  #36219  
Old Jul 4, 2009 11:30am
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Originally Posted by krue View Post
Hi, bobability, I guess he is referring to the uptrend as indicated by his upward red line, the pin touches the upward trendline in red, from that perspective, ...
This is what I thought also.. I'd be going long on the break of that pin off of red TL with stop below the pin... and going short on that pin (few bars later) after the tl break.
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  #36230  
Old Jul 4, 2009 2:05pm
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Quote:
Originally Posted by ghous View Post
Damn and if that thing crashes...

...
There goes your $2500 toy....
There is no stop losses..
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  #36235  
Old Jul 4, 2009 2:16pm
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Originally Posted by ghous View Post
I would really like to try that some day...in canada....

Would you help me get this beast off the ground Mark?
not a problem, but with..... a buddy box as an insurance.....
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  #36238  
Old Jul 4, 2009 2:24pm
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Quote:
Originally Posted by Luso View Post
"Bob shouted his heart out saying the lower time frames carry the money...."

Can anyone prove the above sentence?
I really really doubt it to be true, but who am I?!?

I doubt that the big money position themselves at once. My guess is that they look at the higher TF to find the most reliable and bigger trends.

With time and practice everything is possible. Not sure about heart....
Here's something similar I did with good results for the last two years (removed a couple of filters from the chart). I once had a thread in the pf on this topic.

BTW.
Happy 4th of J
It was taken few years back before I went on a diet...
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  #36246  
Old Jul 4, 2009 2:41pm
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Quote:
Originally Posted by Luso View Post
Hi Rac,

I didn't mean to say that individuals don't win money on the lower TF. I am trying the 1H and having good results.

What I wanted to say is that I doubt the institutional money and big hedge funds (all the ones that move the market) look at the 5m TF for setups to enter. So, I believe the big dogs aren't looking to 5m TF...

The great individual traders can make great amount of money from the lower TF, I believe it too.

Regards
Yes, you're correct. They don't jump in on 1hr and exit when see another, opposite 1hr pin. They keep buying in ranges, buying more, then more... that's how trends are started.
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  #36249  
Old Jul 4, 2009 2:44pm
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Quote:
Originally Posted by Luso View Post
... Can you give us a clue about your exit targets??

You were so pretty... I guess you are "the girl" James was talking about a few days ago...
It won't work....
... you got to do some work.
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  #36313  
Old Jul 5, 2009 12:21pm
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Quote:
Originally Posted by marcelnyo View Post
That's about right, I got a pm from matty about the books, real nice guy

I got a lot of good examples from this thread
Yes, Matt is very nice guy and also very spiritual (nothing to do with religion)
He can really help you great deal with your self development skills. We had similar paths...
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  #36612  
Old Jul 7, 2009 2:44pm
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Default shorted 2hr pb (arrow) with a trend

one of my trades taken last night during asia ses. along with shorts of many yen crosses (including A/J pin ). Yens are still running, hence no comments about them.
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  #36613  
Old Jul 7, 2009 2:48pm
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Smile

Quote:
Originally Posted by SeekingLight View Post
REREAD TIME!
Everyone, your homework is to re-read the first, oh, 20-30k posts of this thread ..
You come to this thread and tell us to reread this whole thread again?
Who are you sir?...
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  #36616  
Old Jul 7, 2009 3:13pm
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Quote:
Originally Posted by SeekingLight View Post
Someone who is on the same side as you (on the YEN trades...boy, sure feels good not to trade against you for once! Teehee..)!



Reminds me, I still have some bowing to the master to do

Never shall I underestimate the mighty power of your multi-yards again!
Oh, I'm so sorry. I see you're old timer.
Your nick fooled me as I thought you're just a new trader, looking for a light....

I've deleted one bow..
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  #36617  
Old Jul 7, 2009 3:14pm
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Quote:
Originally Posted by billye View Post
have t/p this g short yet?
Yes, you'll have to go back few posts...
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  #36621  
Old Jul 7, 2009 3:29pm
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Quote:
Originally Posted by SeekingLight View Post
Do you see now why you're in dire need of a reread? LOL

But good things come in three, man..like, stop loss, entry, exit :P
Hence threesome bowing!

Edit: W00t, 3200th post!

That's like, 2^5*100!
.... all right, all right, I'm starting now.

nr. 1.. hoooolly, that's a long post, lets skip it and go to the next one.
nr. 2.. nice blue circle, i wonder if that's what they call a bubble..
nr. 33...
nr. 55... Fine, i'm doing it, but wont' have time to post here for a next little while..
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  #36743  
Old Jul 8, 2009 12:28pm
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Originally Posted by Ryanmcd View Post
Man, I wish they would require 25k to enter forex, it would take out a lot of the $500 1/2 ass traders in this market and clean the forums up and maybe then people would try harder or at least be a little smarter.
... I hear you.
NFA might look into it soon
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