remember what I said.. spike and counter spike.. till meetings are over... Chris

Spectre's Corner

covered.

Spectre's Corner

What the easiest thing to do .is not always the right thing to do.. when trading.. since 90% of the people loose... there is a reason behind why 90% of them loose..because most would like to do what is the least scariest in their eyes.

Spectre's Corner

whats the difference... between a series of numbers? 3 5 6 8 99 00 20 00 22 32 the market gives importance to certain numbers, when in actuality there is no difference between them.. thats the whole basis behind price action..

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dont you like selling market tops.. =)

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brave?... its just math when it comes down to it.....

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1:3 ...not 1:5...

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stop loss on a sell at 1.878.....10 pips...cover.. at 1.8750....risk/reward ratio 1:5... not bad...oi.....

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I'm selling gbp/usd now.............sell sell...lol.

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Placing buy order on usd/jpy at 114.14.........

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I'm placing sell orders at 1.2828.....eur/usd.....low risk/reward trade...

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A nice technique would be to place sell and buy order 40-50 pips outside current ranges.. and wait for them to trigger on spikes and counter spikes..Everything seems to be in a tight trading bands.. chris

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Last bit of advice before I leave, wait for the EURO .....GBP to settle down and assess the situation before placing a trade...after the rate news is out.

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I'm heading out.... get out of your positions before the rate news from ECB BOE. chris

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Never buy a system......its a waste of money. I would pay more for risk management course, then a system. Risk Management is the key to the game. Finding low risk, high reward situations is the key.Don't feel you need to be in the market at all ...

System Diluting

woo hoo...

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..the past few sessions have been spike, counter spike.. basically wiping out stops on both sides of the trade..yet expanding the ranges..

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If you think EUR/USD is going to make a new tick high.. you can play it here.. ..but careful.. more serious selling pressure in other pairs has to materialize of USD>

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I used the term as a box.. to refer to it as a trap...Basically you have no where to go. I'm sure the term box is used in other ways in trading.

Spectre's Corner

boxing in a 'mind trade'......buying in one pair and holding back another pair.......GBP/USD made a new tick high...yet EUR/USD did not.....its a boX!...those sucked into EUR/USD during the GBP/USD run, get trapped..as GBP/USD countertrends the ...

Spectre's Corner