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kolachi replied Aug 15, 2006LoL. I am also really sick of this consolidation phase as I only trade euro and gold.Nothing else.It is too long a wait for me to find some good opportunity.
euro consolidation
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kolachi replied Aug 15, 2006narafa you are getting wiser and wiser with the time.And good thing about you is that you share it. thanks.
Good, Bad & Ugly....
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kolachi replied Aug 15, 2006I trade gold but not always.When set up is better then.It has much volitility which some times offers good rewards.
Gold Discussion
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kolachi replied Aug 15, 2006In my view Sterling is not showing any discernible sign for shorting in the immediate few hours.But it may spike either-way who knows?
UK News - Tuesday Morning
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kolachi replied Aug 15, 2006I agree with your explanation of Quantum Physics.It is closer to my study of Physics.
Quantum Physics and trading forex
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kolachi replied Aug 15, 2006what you are talking in above paragraph is more closer to the talk of philosopher Plato wrote in "The Republic" than it is closer to Quantum Physics. Quantum Physics never says that anything does not exist becuase we dont perceive it.Existence of a ...
Quantum Physics and trading forex
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kolachi replied Aug 14, 2006Thanks — Thanks jotty. You did a real favour to all who need them including me.

trading pin bar
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kolachi replied Aug 14, 2006I usually dream about charts in sleep but never have come across with a dream chart.It would be my pleasure to see a dream chart posted by some veridician.....(i dont know correct spelling).

Any other veridical traders?
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kolachi replied Aug 14, 2006Euro Monthly chart — Euro Monthly chart for a look.
Euro GDP coming out
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kolachi replied Aug 14, 2006I dont feel bull have much room/stamina to push up technically.In my view they will not be able to push beyond 1.2800. Lets see. Good trading.
Euro GDP coming out
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kolachi replied Aug 13, 2006I am also short on gold but i think your stop at 637 is too tight as there is correction expected on hourlies which may spike up to 640.My stop is beyond 640 and target is 575.It may take time but it will touch this level.
Daily Trading with ST indicators
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kolachi replied Aug 13, 2006In my view it is only correction up on hourly charts which when complete will restart a quick fall down.I do not know about fundamentals but I trust my technicals most of the time.

UK Terror
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kolachi replied Aug 10, 2006Atleast I believe that James is a successful trader and listen what he says about fundamentals trading vs technical trading. Originally Posted by bluemonkey Hello Jim, I probably missed this in an earlier post of yours. I was wondering how much do ...
Why did the market reacted like this
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kolachi replied Aug 10, 2006I totally agree with you that there is no need to be right always.To make money we need a general idea of the trend/direction and better money management.Consistency in the long run will make you winner.
Why did the market reacted like this
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kolachi replied Aug 10, 2006Nothing is sure in the market but long terms trends can be guessed from technicals whereas news is just like a couple of fits/ bouts in the charts.The lagging indicators are definitely lagging but they are just like symptoms. The symptoms which ...
Why did the market reacted like this
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kolachi replied Aug 10, 2006Not only overbought but the price was under 55 ema which is bearish.Moreover all MA crossings since 4 am EST were suggestive of bearish tone. Just my humble words.
Why did the market reacted like this