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- EntropyLad replied Feb 21, 2010
In the earlier part of my forex trading, i have considered adding positions at 61%, 50% fib retracement of a trend. Pyramiding is something that interests me. I am still working on a good system for it. If a person is very much convinced of the ...
Trend Trading All Pairs
- EntropyLad replied Feb 21, 2010
Of course. You are absolutely right. Taking the necessary steps. Thanks for the reminder.
Trend Trading All Pairs
- EntropyLad replied Feb 20, 2010
Sorry to hear/read about your workload. Same thing happened to me this week -- work overload disrupted my trading. Hey, i like your real estate agent...i'd punish her...hard. type a. I wish my real estate agent tattoed my name on her ample behind... ...
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
Yeah, same here, i have to leave soon...i have a nurse appointment with this one later today.... image
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
124.95, 125.00, 125.05. spread the short scalps. aiming for +10 or +15 or +20 pips. In and out. Fast and furious. I mean, seriously, what is the point? There is always next week.
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
It is 1pm US est time FRIDAY. I personally find it inadvisable to take any NEW trading position at this moment...unless it is "blend the news" or some furious scalps for 10 to 20 pips.
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
Hold pep rallies? HAHAHAHAHAHA. LOL. I guess this is how they open "n y open". gimme a "n!"....gimme a "y!"...gimme an "o!"...gimme a "p!"!...gimme an "e!"...gimme a "n!" image LMAO! Ever read "Liar's Poker"?
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
Well, london is the main enchillada. The P, the Man. But as you can see over and over...by 1pm london time...which is 8am US time...currencies undergo serious moves(either as retracements of some or all of their previous london moves...this is ...
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
Hmmm...i see...slanted trendline break on the H4. My entry would have been at 83.95...the 50% fib was only 10 pips behind the RN of 84.00. I would have already sold my 1/2 at +20 or +25 pips. Probably be out of the trade because it later spiked ...
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
Yeah, 1HR/15MINS triangle breakouts to the upside in the AUD/NZD at 8:30am US open. I wasnt in that.... Generally that is how i exclusively like to trade rectangle or triangle breakouts. At London open time frame of 2am to 4am or US open time frame ...
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
GBP/CAD Finally reaching 1.6105 and exceeding it by +20pips so far...after it has finished playing with the news dancing around.... Anyways, news was in the way and ADR exhausted...bad idea as LOB.
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
EUR/CAD looks better...sorry i was away...work! WORK! work! Solid blend the news too.....h1/15mins
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
Well, ladies and gentlemen, another proof why ypou dont enter an LOB less than 2hrs before the news...and you dont enter an LOB with an exhausted ADR.
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
i JUST noticed...the ADR on GBP/CAD has been thoroughly exhausted at 1.6138 LOL. hahahaha. Anyways, we will see if it will get to 1.6105, nonetheless.
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
Is that a BPC under 1.6150 we have there? Hmm... GBP news in 1 hr? Bad idea...but...if you must...you can get out at the next RN....or sell 1/2 there and move to BE + 1
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
I dont quite remember seeing LONDON trading time this dead before....interesting...
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
Thanks, maybe later...i will be interested in such trades....not now though. Is GBP/CAD trying to give a LOB?
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
HAHAHA. You want to see it? Fine, here it is: image That belongs to one of PIP DAWG's pool girls...psst...i snatched her when pip dawg wasnt looking.
Trend Trading All Pairs
- EntropyLad replied Feb 19, 2010
It is friday...no trading setting up...so, why not some motivational speech? video If that is a bit too spicy for your stomach...you wash it down with this.... video
Trend Trading All Pairs