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Chicky replied Apr 9, 2009Copied. Thanks. So far both are secure, though at BE for the day. Ps. This reminds me that the current level is like a magnet. It could very well keep my metal hanging and swinging but attached.
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Chicky replied Apr 9, 2009Can't be worse than holding on to both your hat and the steel organs. One has to fly away, better be the hat. Are you sure the heavier object you saw was a hat, and not the metal thing?
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Chicky replied Apr 9, 2009Huh?
Gator, I am only looking at 1.3050 for now. Which is just a few pips down. Below 1.3000 will be for next week.EURUSD
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Chicky replied Apr 8, 2009You may, but have to pick V and ^ fully, not just their tips. That will require entering gradually, splitting your lots into several smaller lots so that your average out your cost.
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Chicky replied Apr 8, 2009What I mean, do not enter at the inception of a breakout. Wait for confirmation. We normally get a entry chance once again when PA comes back to re-test the resistance it leaves. If it doesn't come back it will come near to it. You will lose first ...
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Chicky replied Apr 8, 2009No. But Pa seldom moves in a straight line. If you put all your eggs in one basket, means, if you open all your position at one given point let's say you buy 10 lots at 1.3250 - what will you do if it goes down? wait and hope! I would gradually ...
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Chicky replied Apr 8, 2009In trader's language: 1) Leave first and last few pips; 2) Do not try to pick tops and bottoms. 3) Manage Risk. 4) Anything is possible. My method is just an application of those principles from a different angle.
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Chicky replied Apr 8, 2009One gambling principle: It is better to pay 25% tax on winning amount rather than paying 10% tax on betting amount (Gamblers have option either to pay 10% tax on their betting regardless of outcome; or pay no tax on betting amount if they lose but ...
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Chicky replied Apr 8, 2009Jay, I talked to her the other day. She is really very polite and has good sense of music. But she said she was your secretary. Why to circulate her number on the forum. I know you don't provide a country code to everyone, but still .....
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Chicky replied Apr 8, 2009I agree with you, however, beleive they have already taken care of that. Most who were short have already lightened their positions and will join the move down with first jolt. Thursdays have now replaced fridays. These are just my views based on ...
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Chicky replied Apr 8, 2009Thanks BoredToLoose. Be careful, If it moves up, (IMHO) it will try to reach 1.3500.
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Chicky replied Apr 8, 2009Are you hanging from ceiling or squating on floor? Where we should look for your direction?

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Chicky replied Apr 8, 2009If it goes north from here, it should be a very very wild move. I am not sure if we have any news that could support such a sudden big move up.
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Chicky replied Apr 8, 2009You may like to double it up with 4:1 in opposite direction. Don't follow my advise if you have no opinion of your own.
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Chicky replied Apr 8, 2009Hi Bablo, Thanks for your concern and advice which is highly appreciatable. I just want to know if you mean we are at the top in expressing our bias or the PA is at the top and you expect it to go south?
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