Memories are buried in time..
I think a 16 year old showed me that. Or perhaps #16 was in his name...
Damn it, I wish I remembered.... something like james or 16... dunno.
I recall, he used to live in TEXAS.... if that helps..
Memories are buried in time..
I think a 16 year old showed me that. Or perhaps #16 was in his name...
Damn it, I wish I remembered.... something like james or 16... dunno.
I recall, he used to live in TEXAS.... if that helps..
... I do actually have a financial advisor and he's a good guy. He has been up my butt for the past 5 yrs because I wouldn't invest any money with him. I only buy insurance from him.
ha, ha... funny I have one to, but he only does my taxes. He lives in a multi mil $ house, but I won't invest a penny in his fidelity funds...
He was bugging me every other day last year to buy crude at 150 and dow @ 14,000....
rac just one question those trades that you showed were they entered because of your favorite setup 61/50% and PP ?
no, they're based on 'whispers coming' from japan.
They were all posted here at a time I took trades, but removed few hours later. Some information should never be posted on public forums...
After all this is non-anonymous internet ....
... I do actually have a financial advisor and he's a good guy. He has been up my butt for the past 5 yrs because I wouldn't invest any money with him. I only buy insurance from him.
ha, ha... funny I have one to, but he only does my taxes. He lives in a multi mil $ house, but I won't invest a penny in his fidelity funds...
He was bugging me every other day last year to buy crude at 150 and dow @ 14,000....
rac just one question those trades that you showed were they entered because of your favorite setup 61/50% and PP ?
no, they're based on 'whispers coming' from japan.
They were all posted here at a time I took trades, but removed few hours later. Some information should never be posted on public forums...
After all this is non-anonymous internet ....
Nice I had the same idea on 3rd entry, but only took profit target 1 and then BE on other 3/4ths. How did you manage this one, if you don't mind? Thinking after profit target 1, to leave my stops in place, and then trail behind each prior TP/PPZ, when the next is reached What do you think, if you don't mind?
trailed behind 2D bars.
all stops moved to 88.96 now.
If this pin (ym) breaks to the upside tomorrow. UJ will hit 91.58 ... soon after (not a trading advice, if you're already late, you're late and move on)...
I personally don't like any of these really here are my reasons.
..
The other two I don't like personally since it was followed by large down moves and then small pins trying to reverse those moves. ..
Best
Mike
how about this scenario:
1.44pf, 1.48xx and then... 1.42 ?
.
HAHA I have a friend (one year older than me) riding the Merkava 4 ...but since I have just got the results of the air force selections last week, it seems that I would be a pilot next year...flying this toy, I will drop a visit
anytime, just make sure you're not armed...
too old to fly these, but love them. My ex neighbor claimed to fly this... or maybe I misunderstood him... lol.
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Quote:
Originally Posted by frankm7
Touch trade off of the 1.4500 eh rac? I took one on the gbpusd, what do you think?
I don't think, I trade.... but I'd be looking at 65 now...
Now, do you want to take some profit at minor sr and move the rest to be?
It's totally up to you, but if you trade 1k/pip, that's already nice cheque..
If price hits 4510 for the fourth time, it's probably going lower....
...
Now, do you want to take some profit at minor sr and move the rest to be?
It's totally up to you, but if you trade 1k/pip, that's already nice cheque.. If price hits 4510 for the fourth time, it's probably going lower....
...
This is why it's important to take some profit early, move stop to BE or keep it tight when you're playing with fire... You never know for sure when is the next time you will be wrong...
My stops are usually replaced with opposite limit orders. Not this time however, due to strong (imo) PPZ around 1.4460. This ppz is now a history thanks to Greece flipping over. I wonder which country is next, Spain, Portugal?
It also appears that my limit sell @ 4850 is history now as well.
We might not see it for the next several months...
.
it will take a while... he's already taking well deserved Christmas break...away from the 'civilization' or I should say what's left of it...
Before anyone jumps with an answer, let me ask you, why would you want to trade market like this?
You will get killed 98% times and your account will go down in value with a lightning speed.
We've got dozens of good markets to trade and at any given time there are always few ,that trend nicely. It's the easiest money. I would spend my energy to capitalize on them first, if I was just starting out...
On the other side, those who master sideways market, ..will never look back...
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Quote:
Originally Posted by Rastaman
Thanks for the replies.
I am interested in learning how to better trade the sideways market we so so much of.
I guess, that is the bread & butter of forex as the market ranges a great deal more than it trends.
Still waiting for a reply from J16.
I can't contain my will to learn............! loL
A good thing I suppose, I just get carried away with it.
rac - wondering if you agree with did analysis - just asking because after the fact - I easily see what he's saying, but I am still struggling with what you've said.
Is there some other point you we're trying to get across?
For me the trend has clearly changed, I have no second thought about it.
Are we going to 1.10/15 next year? For sure. When? I have no idea.
Is the price going to have trouble with breaching 1.05-06? Off course.
Is the pull back due? Absolutely. When? I have no idea (or not saying...)
Hope this helps and take it for what's it worth. I wish, but I don't move markets...... yet..
.
I knew that rac guy was too good to be true... "rentasignal" okay... okay... I get it... practice schmactis
What id are you using?
I have exercised my right to ignore your comment.
Obviously you just started reading this thread,... so good luck with your forex endeavor ....
You will not find many friends here with your attitude.
Sorry Mark... bad joke. I'm currently on page 562, post 8420 and plan to read the entire thread. Big fan of your style of trading and post was only meant as a compliment.
-- Danny
Sorry Danny, If that was a joke, then my bad for not catching it....
We can move forward.
Have a Good and Happy New Year!
P.S. for the record:
I do, have a couple of test systems listed on both z and r, as you might've noticed in my profile.
They're intraday scalps and have very little in common with what we talk about here, hence I don't even recommend looking at them...
R had it listed as free until its management decided to reserve that option for paying elite members only. I guess, recession hit those guys as well..
why anticipate...?
What if it keeps going and going..?
When in doubt, I make things even easier for myself.
I plot the line chart and go with the flow. try it one day.
You WILL leave the crowd behind much faster, than you think...
damn CB thing, got a make a new one. The old one was off by a week and few pips....
That would be what? a hundreds intra day scalps and sleepless nights or ... one 2600 pips @ $100/pip trade?
And there are at least few high roller reading this thread that trade..... oh, never mind..
.
Not any better then yourself or anybody in this thread, trust me.
We just might process information differently....., for now.
Quote:
Originally Posted by FXBat
maybe you are talking about this one?
..
No, the other talked about why, when and how......
I'll check rac's archives when time permits.
There are much better vids (by Jim & Mike) on j16 site in a guest section.