- Search Energy EXCH
- cloggie replied Nov 15, 2011
Too many noobs focus on the money side of this business, ignore that, the money will follow automatically eventually, that is a given once you conquer all the other challenges and roadblocks in your way.
EURUSD
- cloggie replied Nov 15, 2011
You never really reach the destination and that makes this business so rewarding, it keeps you interested. You keep improving, you keep learning, you keep finetuning and you keep putting your wits against everyone else. All of this is a mindgame, ...
EURUSD
- cloggie replied Nov 15, 2011
Quite a few decent results coming out of the US equity markets, that may lift the risk a bit at the open, watch es/DOW in the next few hours till NY opens in 2 1/2 hours.
EURUSD
- cloggie replied Nov 15, 2011
Yup, there are no shortcuts, there is nothing you can borrow, beg, buy or steal to make it in this business. This ain't a get-rich-quick scheme, only those that persevere could make it in this business, and of those that do not all will. You have to ...
EURUSD
- cloggie replied Nov 15, 2011
Most newer traders have a hard enough time spotting a trend. Price tends to spend most of the time in ranges and being able to spot those is key. Knowing when to change strategy to adapt to the current PA is something that takes serious screen time. ...
EURUSD
- cloggie replied Nov 15, 2011
IF you have to choose between either, then the choice is easy, London every time. Go back over my posts, I did say scalps only, nothing mid term setting up here right now. We are in suckers play here, this is where the noobs lose their shirt ...
EURUSD
- cloggie replied Nov 15, 2011
I only play TY from a risk appetite point of view, not going to chase the 40 pips when there is no significant change in risk. Go back over your charts and you can see decent moves when they are triggered by risk, then the session can be good for a ...
EURUSD
- cloggie replied Nov 15, 2011
There are times when TY is good, they are getting more and more HFT's, but yeah, London is where's it's at. The only times I play TY is when the equities rally over there, if there is hardly any movement in equities I just leave that session alone. ...
EURUSD
- cloggie replied Nov 15, 2011
I did say it would be the news at the end of the day, kinda nice I preempted that for you. Today again, Spain is in the spotlight, together with Italy and Austria of all countries. Italy will be the dominant one once more here. Still looking for my ...
EURUSD
- cloggie replied Nov 15, 2011
I did say "this was only a test", I don't waste words when I talk about PA, now if we were talking about muppetspotting, that's another subject in its entirety. There probably is not a heck of a lot of appetite left here to test 70 again, looks like ...
EURUSD
- cloggie replied Nov 15, 2011
Nuf said, childs play. Not going to waste bandwidth here. Time for some coffee as the muppets are sitting down quietly in the back for once. L8r
EURUSD
- cloggie replied Nov 15, 2011
Range is holding, back to my earlier post. You guys remember that play by play I did here last week, that's what we are seeing here again, like for like. No need for me to rehash what is going on, most of you should be able to read it without me ...
EURUSD
- cloggie replied Nov 15, 2011
Here we go,testing and Italy just broke through. 3490 wide open once 3540 goes, that is still in play here, this is only a test.
EURUSD
- cloggie replied Nov 15, 2011
3610 max, anything above that will open a further move up. We got a minor here at 3570, that will trigger 3610, anything below 3570 will just keep it tight here to compress for the next runner. This is the suckers play, this is where the average ...
EURUSD
- cloggie replied Nov 15, 2011
Spot on there Sisse. I am looking at exactly the same thing, Once the techs/news/FI line back up again, we got our next major leg in the making. Like my analogy from last week, the ramparts are manned and the attackers are regrouping waiting for the ...
EURUSD
- cloggie replied Nov 15, 2011
Looks like we found a bit of a bottom here for now. 3540-ish is holding pretty firmly. Time to scalp a few. No mid/long term setups on this pair right here. Time to play the range. l8r
EURUSD