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- thelws replied Apr 27, 2011
Man I woke up at 2.15 am just to watch benenke. should have just slept through. morning guys. made pips?
EURUSD
- thelws replied Apr 27, 2011
lol this is sooo funny... they way everyone is ditching the dollar... i wonder if anything benke says later will have any effect at all...
EURUSD
- thelws replied Apr 26, 2011
As long as price does not break below 4647, this break out is still valid. In all honesty, there is a high chance that it will retest 4647. It is all within calculations.
EURUSD
- thelws replied Apr 26, 2011
ahh missed it! Oh well, I guess its not too late to enter now. Long 1.4690 SL 1.4630 TP not set
EURUSD
- thelws replied Apr 26, 2011
If you look at my signature, maybe you can start to see why I say things like that. Been there done that... and blew some accounts. Hope you learn sooner than later.
EURUSD
- thelws replied Apr 26, 2011
You can't run away from risk reward. It will come back and haunt you. If 1000 pips = 1% of your account, you still need to get back 1000 pips to breakeven 1% There is no way around it. So the best way is to have smaller risk so that it is easier to ...
EURUSD
- thelws replied Apr 26, 2011
another sensitive issue is hedging. While I'm guilty of using it sometimes, there really isn't any benefit to it. All it does is prolong the inevitable. If you are good at picking directions, you don't need to hedge. If you somehow do end up ...
EURUSD
- thelws replied Apr 26, 2011
lol I have a tendency to give 2 atr values if I'm not confident. That is my absolute max. Any more and its real hard to justify the risk reward since I'm always aiming for at least 1:1
EURUSD
- thelws replied Apr 26, 2011
Dude... give it up man. You are denying the fact that you can be wrong. Even on daily charts, the max i'd give is 250 pips to be wrong. The price action on daily charts indicate a strong trend upwards. All indicators show the same. Unless some news ...
EURUSD
- thelws replied Apr 26, 2011
correct me if i'm wrong gator (wherever you are) mofu is the 50% fib area. there is a range at the 50% where it is termed as "mofu" and price will always be a motherfucker around there. or so it means in gatorspeek
EURUSD
- thelws replied Apr 26, 2011
I paid for a good course. They do exist out there. You gotta know how to pick out the good teachers and not. Just like how you do it in FF.
Do you buy Forex Products?
- thelws replied Apr 26, 2011
guys srslyy... enough plz. just put each other on ignore. This is like pre school kids calling each other names. Each not backing down from a stupid fight. Talentfx is saying it just to irritate you guys. You are feeding that. Stop. Put each other ...
EURUSD
- thelws replied Apr 26, 2011
hard to say. Most likely yes. But I am going to be careful of stop hunts. Typically price moves up beyond the last line of resistance by about 10 pips because a lot of stops are placed there. Pending sell orders are also triggered around there. So ...
EURUSD
- thelws replied Apr 26, 2011
getting out now. sweet jesus. this month has been so awesome for me~
EURUSD
- thelws replied Apr 26, 2011
its the interbutz man. it holds mysterious powers that is unfathomable beyond normal human knowledge
EURUSD
- thelws replied Apr 26, 2011
I'm sure this is not his reason. But here is my reason on why I have a chart with all those indicators: I want to see what other people are seeing. Simple as that. Enter based on PA. Wait to see if the indicators confirm your direction. If it does, ...
EURUSD