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PistolDave replied Jan 10, 2013It has been a great run in the last two days. I'm still in and up about 1300 pips. But price being at the major resistance on the weekly is worth watching. I suspect a retrace will be coming, at least. Still, I'm staying in for a reversal signal on ...
Still Basketting
- PistolDave replied Jan 10, 2013
I was short in that same trade that Kos posted on #2602, and I got stopped out about the same price. But I reentered long on the 15m chart even though it was against the 1h trend. I was taking a chance that the 4h trend was resuming. It would have ...
Still Basketting
- PistolDave replied Jan 8, 2013
Shorted this break on the 1h chart during the NY session. So far it looks good. The SL is locked at BE now so even if the longer term uptrend kicks in again, I'm safe. What does anyone think about using a 600 pip initial stop, then breakeven after ...
Still Basketting
- PistolDave replied Jan 7, 2013
Hope you can overcome the enemy who threatens you now. You can take strength by knowing that you have helped others in their struggles. Return soon, friend.
Still Basketting
- PistolDave replied Jan 3, 2013
There are three ideas that come to mind for reentry. (Trading long in established uptrend, for example): 1) Watch a lower timeframe than your trade timeframe for HAS to change from one color to the other and then back again. That is, if you are ...
Still Basketting
- PistolDave replied Jan 1, 2013
OK. Thanks. I'm just like everyone else, trying to make sure everything is set up properly to get the best results. When he said "When you BUY the basket - reverse EURGBP & (but not always) EURUSD (sell these two pairs)" I didn't know if there was ...
Still Basketting
- PistolDave replied Jan 1, 2013
Sorry if this has already been answered, but I'm only up to page 122 on the thread so far. Kos answered a question several posts back about when to reverse the pairs in the TradeHedgeBUYALL and TradeHedgeSELLALL scripts by saying: When you SELL the ...
Still Basketting
- PistolDave replied Dec 31, 2012
Thanks Kos and other contributors. I caught this nice run on the 15m chart today. Only demo, but I'm still learning. I had to close it because the broker's platform was closing for the New Years Day holiday very soon. Still, over 600 pips so I'm not ...
Still Basketting
- PistolDave replied Dec 26, 2012
I took the time to read over the entire thread and understand how it works. I also tried several different indicators that might help give us more of an edge, but I didn't find anything better than the ones we are using. Several months ago, hmaoui ...
A "new" simple system based on MA
- PistolDave replied Dec 24, 2012
Hello gentlemen, Thanks for offering your system and helping people learn. I'm looking forward to being involved in the group. Dave
A "new" simple system based on MA
- PistolDave commented Dec 12, 2012
If they want it down then I'll be right there selling it along with them. (It would be nice to know exactly when they will start, though.)
RBA told intervention necessary to dampen AUD
- PistolDave commented Dec 7, 2012
If nearly half the people in France are on the verge of poverty now, you don't have to "imagine" how things will be in the 21st century -- just look around.
The Alarming “Sense Of Pauperization” in France
- PistolDave commented Aug 15, 2012
“The market seems to be displaying a high level of apathy towards the risks, hoping that some kind of long-term workable solution can be found to the problems in the euro zone,” said Suki Mann, credit strategist at Société Générale. Well, that ...
Credit-Market Insiders Fret at ‘Apathy’ Before Autumn
- PistolDave commented Aug 15, 2012
I agree. This thing should have topped a week or two ago. Everything tells me it should be tanking. It seems like price would have already swung lower by now. Divergence, fundamentals, news, etc. are all showing that. The big boys are supporting it ...
Greece to Exit Euro Zone Next Month?
- PistolDave commented Aug 12, 2012
Who sez money won't buy you luv?
George Soros celebrates 82nd birthday with engagement to Tamiko Bolton
- PistolDave commented Aug 9, 2012
I know. I have been hoping all month while I have been getting killed on some options contracts that expire next week. PLEASE come back.... please. I hope it will.
Euro steadies on persistent hopes for ECB action
- PistolDave commented Aug 9, 2012
I live in midwest US and can verify that we have had the worst drought in many years. Crops here are pitiful. The prices may be record high, but farmers may go broke anyway with nothing to sell. Ironic.
What Every Farmer And Commodity Trader Will Be Glued To at 0830ET
- PistolDave commented Aug 9, 2012
Well, if you don't have anything else, you can always "hope" everything will get better. In the article: "The euro has been supported by traders reducing their long dollar positions ahead of summer holidays," said Yuji Saito, director of foreign ...
Euro steadies on persistent hopes for ECB action
- PistolDave commented Aug 9, 2012
My personal feeling, from a technical viewpoint, is that price will retest the 0.9970 level. I think it may take a week or a little less. It has the ability to put in 100+ pip range days recently, so it could make it with a little "news" to help ...
USD/CHF in a bullish breakout from range; monitoring throwback