Last Law — Last Law of Trendodynamics = Every gap, no matter how big or small, ultimately gets filled.

EURUSD

[quote=Epipany;2379759] You are right my friend. But let me enjoy for while, before I experience another day of all bad trades. By the way, all trades were based on a pre-planned method. But element of luck is always there.

EURUSD

Psiholog I today tried what mentioned yesterday - combined your Fill the Gap concept and Driver55's advise on hedging. It worked well atleast for today. Thanks to both of you.

EURUSD

[quote=ak4x;2379585] How are you doing? I decided to appear in the forum for a short while. I normally don't do this during office hours. I tried to put some lines on daily and hourly charts and am of the opinion that it will consolidate around ...

EURUSD

Any thing is possible. However, I am convinced that economic situation does not allow this rabbit to jump too high, at least not too soon. If it jumps, will come down for food by lunch time. But let's keep our options open.

EURUSD

Last five bars tell me that your rabbit is trying to dig a hole through the lower line of the channel. If hits a rock?

EURUSD

I really appreciate you explaining the Gap concept. I was not 100% right about it calculation. I used vertical lines. What I have observed over several months, watching PAs and verious time-frame charts is that price always looks for conslidation ...

EURUSD

Thanks. I got it and will always keep in mind while trading. Yes, we use locks only to protect our positions. Level of unlocking will depend on market behavior and our comfort level. Thanks again for this very good piece of advice.

EURUSD

Thanks. My mind works with your and Psiholog's strategies. Trying to combine these two. Jay Walker's methods are beyond my comprehension. I am learning from you with a modification only to build on with hedges in ascending numbers and unlock in ...

EURUSD

I mean will follow a downward break till it ends, then will go for 38.2% retrace on the up, then again take a chance for a downturn. Favoring down trend because I don't think present economic sitaution warrants any solid bigger upward moves.

EURUSD

Not very well so far. Got stopped out on short positions this morning while at work. I am waiting for downward trend to resume. Will re-enter only after seeing a gap on the down side that has a chance to fill about 61.8%.

EURUSD

Do you unlock gradually (i.e. one by one) like the way you build your positions or remove all hedges at the same time?

EURUSD

You are not alone. I am in the same situation. My reasoning is 1) Daily Chart, 2) I don't think long term trend will take a U-turn in a day or two. It should continue after this bounce, or atleast some somemore reasonable retrace to today's move. ...

EURUSD

Dannywmk, Simple math. How long one would survive If hopes a bad trade that now shows 50 pip loss would turn favorable- only to close that bad deal at 70 pip loss, and on the other hand, quickly takes 10 pip profit on a winning trade (especially if ...

i'm lost.....

Now — Now

EURUSD

You may like to check certain TV channels ....... they advertize few more telephone numbers to get rid of this problem.

EURUSD

Let me watch first, will close later ..... I mean eyes.

EURUSD

I do feel the same way. Nikkei and DJ finally at same levels 8,230 and 8,350 and looking south, waiting for a push/kick from behind. By the way, I got out of my longs short while ago, that was not a good idea at all. Thanks.

EURUSD

Oil — Just wondering what is the cost per barrel right from drilling to bringing it to saleable condition? Should not be less than that (+ OPEC's profit) at any point of time.

EURUSD

Lllooonnnnnggg — I just got long on EUR/USD. Will I regret? Any thoughts?

EURUSD