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  #55606  
Old Feb 21, 2010 6:27pm
raczekfx's Avatar
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Member Since Oct 2005
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Quote:
Originally Posted by nickypon View Post
Yes. I also took a full bar loss on Fridays usdcad. Lost 3 % of my account. Looking back it was at a great level but overhead resistance was close.
Why full bar? That makes no sense when you look at charts below, unless it was a mistake on your part. I still make them.
One thing to remember (imho) from this experience is:
When you play daily bars against weekly bars.. weekly 'almost' always wins.
I should add to THE PIP.
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  #55607  
Old Feb 21, 2010 6:42pm
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Originally Posted by unlv_tj View Post

Fox News ratings, in the USA, are probably about 2 to 1 v. NBC or CNN.

...
This reminds me..
I became profitable the minute I stopped watching news... and I don't mean news on economics.

Any news feeds negativity into your brain and clouds your perception. Once you 'turn off' the news, wealth WILL start flowing from all directions to you. ... and I don't mean just financial wealth.

If you don't get this statement, it's ok. Rome wasn't build in one day....
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  #55721  
Old Feb 22, 2010 6:49pm
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Originally Posted by nickypon View Post
Thanks for the analysis
not a problem..
Quote:
In hindsight it was probably not wise to even take the trade but quite a few on the thread did!

I see a a 'tiny' problem here.
I'd try (from the very beginning of a trading career) to avoid looking at others.
Majority of traders are almost always wrong (including me..).I'd study the material offered in this thread, memorize post #1, ask questions, but never look what others are doing... seriously.
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  #55723  
Old Feb 22, 2010 7:00pm
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Originally Posted by Forex007 View Post
Very interesting observation, Rac, THANK YOU for sharing it!

Could you hint, please, why you chose that specific level for your touch trade? I.e. why 1.0526?
look at the daily tf
it's really a zone that extends to 1.0550..
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  #55725  
Old Feb 22, 2010 7:08pm
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Originally Posted by StoragePro View Post
Hey, can anyone update me on the game, the TV blew out, radio died, internet connection failed and the dog ate the paper.

But i still have my fingers crossed...
What game, what's the TV....
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  #56902  
Old Mar 2, 2010 9:28pm
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Originally Posted by TiaForex View Post
Bob, is that you????
.. nice catch Aaron.
and he's your neighbor.
I hope he stays... civil and don't get banned again. We can all learn few, new tricks, seriously..
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  #56904  
Old Mar 2, 2010 9:54pm
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Quote:
Originally Posted by Max Profit View Post
Ryan, ...... you maybe one of the best traders, or someone .... living in a trailer park, how will I personally know unless I see proof of some sort? ...
I saw the proof...
.
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