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walb99 replied Feb 17, 2009If you buy in a strong downtrend you should stop with everything.
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walb99 replied Feb 17, 2009You can trade the market only technically. After this last news release they trade already the next one. But you cannot know what event this will be exactly and when it will happen.
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walb99 replied Feb 17, 2009The big boys know all these numbers in advance. So they trade the market into this direction days before. If the numbers are released, the dump money jumps on them and get traped. In the stock market this phenomenon is called "Sell on good news." ...
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walb99 replied Feb 17, 2009You should stop trading immidiatly and work on a sound trading-system first. if you will have this trading system - you may discuss this in this thread or elsewhere -you may start trading again with smallest positions like microlots. 1000-5000$ not ...
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walb99 replied Feb 16, 2009Sorry, the inserted text was a mistake, I edited the post to links only.
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walb99 replied Feb 16, 2009This move to the upside looks like a correction by now. 4h TF is still down.
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walb99 replied Feb 16, 2009if this is a serious move to the upside, we should see 2950 at least today -otherwise just continuation of the range or kollaps down.
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walb99 replied Feb 16, 2009There is more accumulation than distrubtion going on imo. I better wait and see.
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walb99 replied Feb 16, 2009Hi Sailor! Nice chart. Do you use the same setup for other timeframes as well?
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