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  • #14,881
  • Aug 20, 2014 8:26pm Aug 20, 2014 8:26pm
Quoting ClockTrader
The 80ish PA blew 4 of my longs (average in green). Had 6 longs open. Just re-opened 2 longs, total 4 longs active now. I plan to buy (invest) without SL going forward. Today, tomorrow and until next weekend, plan to build longs slowly & steadily. 42 longs 38 shorts NET: 4 longs PS: Plan to let shorts blow IF price climbs in the next 2 weeks.
Ct why let longs blow when you can close them in profit?
Que Sera
  • #14,882
  • Aug 20, 2014 8:29pm Aug 20, 2014 8:29pm
Quoting Catempire
{quote} Ct why let longs blow when you can close them in profit?
It was a GREEN SL
Hello World!
  • #14,883
  • Aug 20, 2014 8:31pm Aug 20, 2014 8:31pm
Closed two shorts @ 1290 in nice GREEN! (shorts were lying @ 1305)

I would wait for low 80ish if we can get to see that in the US session ahead.

PS: This makes 6 longs active now
Hello World!
  • #14,884
  • Aug 20, 2014 9:55pm Aug 20, 2014 9:55pm
Quoting iwishtowin
{quote} whatever you assume the current price is another slap on your face

Fine mate I just have to take another 30 sec look at your comments... The point is NO ONE IS 100% RIGHT ALL THE TIME. I find it offensive for ppl to claim they're some sort of guru when their not.

How's your account after this trade???

Quoting iwishtowin
This is the lowest price rate for EURAUD. I am bought max lots here I could buy. It will go all the way above 1.5600 in the next 2 weeks.
The cross marks around your comment and the dashed line is your target....... ouch.
Attached Image (click to enlarge)
Click to Enlarge Name: euraud #8.png Size: 49 KB
As the lights go by so too do the shadows move
  • #14,885
  • Aug 20, 2014 9:59pm Aug 20, 2014 9:59pm
Quoting Matts Micro
{quote} Fine mate I just have to take another 30 sec look at your comments... The point is NO ONE IS 100% RIGHT ALL THE TIME. I find it offensive for ppl to claim they're some sort of guru when their not. How's your account after this trade??? {quote} The cross marks around your comment and the dashed line is your target....... ouch. {image}
there are ways to show difference of agreement. if you dont have 100% confidence in yourself then you cannot trade without fear
  • #14,886
  • Aug 20, 2014 10:12pm Aug 20, 2014 10:12pm
Gold heading for 1265. Watch out for a retrace spike at around 1pm London time though.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDDaily.png Size: 47 KB
Money Makes Money
  • #14,887
  • Aug 20, 2014 10:13pm Aug 20, 2014 10:13pm
Quoting iwishtowin
{quote} there are ways to show difference of agreement. if you dont have 100% confidence in yourself then you cannot trade without fear
Trying to achieve confidence is fine but be careful not to fool yourself. Losing is part of life in forex it's just about managing to win more than losing. If you can't accept to lose then you've already lost.

GL.
As the lights go by so too do the shadows move
  • #14,888
  • Aug 20, 2014 10:29pm Aug 20, 2014 10:29pm
We may now see a retrace from the low at 84.90 as we have met the 161.18 extension of the last move up on the H1 chart. For the last few days the 127 and 161.18 extensions have worked to perfection. See attached chart showing same.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdh1 fibs.png Size: 42 KB
  • #14,889
  • Aug 20, 2014 10:32pm Aug 20, 2014 10:32pm
Quoting iwishtowin
{quote} there are ways to show difference of agreement. if you dont have 100% confidence in yourself then you cannot trade without fear
Quoting Matts Micro
{quote} Fine mate I just have to take another 30 sec look at your comments... The point is NO ONE IS 100% RIGHT ALL THE TIME. I find it offensive for ppl to claim they're some sort of guru when their not. How's your account after this trade??? {quote} The cross marks around your comment and the dashed line is your target....... ouch. {image}
Lets be gentle and highly civilized. There is no need to use phrases like "slap on your face"

Lets not forget, we are here to discuss / share and help each other. Look at me, here I start closing shorts and begin to add longs, there it goes down the hill :-)
Hello World!
  • #14,890
  • Aug 20, 2014 10:34pm Aug 20, 2014 10:34pm
Quoting nw24x
{quote} What Moving averages r u using? Thanks
50, 100 and 200, i use them to help me identify ranging markets and sometimes to add to already opened positions, i don't use them as signals
I recommend you read something else as this sentence is now concluded.
  • #14,891
  • Aug 20, 2014 11:00pm Aug 20, 2014 11:00pm
Quoting ClockTrader
{quote} {quote} Lets be gentle and highly civilized. There is no need to use phrases like "slap on your face" Lets not forget, we are here to discuss / share and help each other. Look at me, here I start closing shorts and begin to add longs, there it goes down the hill :-)
I am in red long but am also hedged. Thinking of closing shorts as PA has just hit the daily 200 sma (only ma I use) and at oversold levels. Not liking the fundamentals of longs atm though. Hoping for another challenge close to the current low to manage trades. May go long for a temporary rally when (if) reached.
As the lights go by so too do the shadows move
  • #14,892
  • Aug 20, 2014 11:17pm Aug 20, 2014 11:17pm
Didn't like the looks of momentum on the daily chart…. Still think there's going to be a violent move lower to crush peoples souls… then it can go higher.

This is very dangerous right here from what I'm seeing. Hope you guys don't over leverage to the long side make sure you have money to take advantage of a big sell off/buying opportunity if it is to happen. Don't be a sucker… these markets prey on our greed and foolishness
  • #14,893
  • Aug 21, 2014 12:00am Aug 21, 2014 12:00am
Quoting Ck87
Didn't like the looks of momentum on the daily chart…. Still think there's going to be a violent move lower to crush peoples souls… then it can go higher. This is very dangerous right here from what I'm seeing. Hope you guys don't over leverage to the long side make sure you have money to take advantage of a big sell off/buying opportunity if it is to happen. Don't be a sucker… these markets prey on our greed and foolishness
Like I've been saying, I'm hoping for this to bottom out in the 70-80ish area. Bottom looks closer now.

Quoting Matts Micro
{quote} I am in red long but am also hedged. Thinking of closing shorts as PA has just hit the daily 200 sma (only ma I use) and at oversold levels. Not liking the fundamentals of longs atm though. Hoping for another challenge close to the current low to manage trades. May go long for a temporary rally when (if) reached.
I plan to add longs and slowly close shorts after next US session, hot numbers coming..
Hello World!
  • #14,894
  • Aug 21, 2014 12:20am Aug 21, 2014 12:20am
According to my Cycle and Calculation, we should have now reached the Bottom at 1284. However, not carved into Stone. I wait until the Market is showing upward confirmation before entering Long. I am out of Shorts now and standing aside.
  • #14,895
  • Aug 21, 2014 12:39am Aug 21, 2014 12:39am
Quoting EatPIPs
I hope all those buying right now are just scalping.
1) $1278
2) $1270
3) $1259
4) $1244

If $1280 is broken and retested.
To live a successful life, we must lose our fear of being wrong
  • #14,896
  • Aug 21, 2014 12:42am Aug 21, 2014 12:42am
added 2 longs @ 1285
Hello World!
  • #14,897
  • Aug 21, 2014 12:59am Aug 21, 2014 12:59am
Quoting EatPIPs
{quote} 1) $1278 2) $1270 3) $1259 4) $1244 If $1280 is broken and retested.
I didn't get ya mate. Current price @ 1285, how can one be buying at these prices? 1244 - 1259?
Hello World!
  • #14,898
  • Aug 21, 2014 1:05am Aug 21, 2014 1:05am
Wooooohhhh, what was that? spiiiiiiiike
Hello World!
  • #14,899
  • Aug 21, 2014 1:06am Aug 21, 2014 1:06am
Quoting ClockTrader
Wooooohhhh, what was that? spiiiiiiiike
spike down south?
  • #14,900
  • Aug 21, 2014 1:06am Aug 21, 2014 1:06am
HI!!! Can anyone tell me why gold suddenly drop??? Really frighten me!!!
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