snow balling positions — could any one please guide me on his or her own way of snow balling a position (pyramiding)

Technical Analysis Fallacy

G/U — anybody short G/U at 1.6061? target is 1.5925.. stop loss 20 pips.

No Brainer Trades

actually its the combination of everything you mentioned. strength, technique, speed and THE FEEL OF THE PRESENT MOMENT...

Technical Analysis Fallacy

okey.

Jacko's Forex House of Pleasure and Pain

forgive me for asking but are you sure that jacko short the market? the trend is up. maybe he has started taking the counter trend moves. but i doubt it. but things change..who knows.

Jacko's Forex House of Pleasure and Pain

thanks alot...currently looking for a good bargain on euro...in that case i am sure most of you guys chickened out on the 3rd of august. bcos you were probably drunk from drinking too many pips buying at 1.4050 on the 30th of last month.

Jacko's Forex House of Pleasure and Pain

AH? — do we implement the AH or bite the bullet if we got stopped and price doesnt go below it wit a minimum of 50 pips? i use to thinnk we just go ahead with AH when price retraces to your original entry level instead of where the position ...

Jacko's Forex House of Pleasure and Pain

i went through the thread and yes i admit i made a mistake by buying peaks instead of dips.was being to aggressive. i kinda prefer the 50 pips stoploss and then trail it.100 pips seems to much for me. 50 pips does it for me. might consider the ...

Jacko's Forex House of Pleasure and Pain

got stopped (-15 pips)..guess am a bit too aggressive.

Jacko's Forex House of Pleasure and Pain

anybody in at 1.4400?

Jacko's Forex House of Pleasure and Pain

thanks for the tip..but i'll stick to what i know for now..untill i become WWRONG!!! lol

Jacko's Forex House of Pleasure and Pain

okey..i hope i dont get hanged for this. basically i use trend lines and round numbers to pick my entry.once the trend line is broken, i enter on the closest round number...i hope the diagram explains it.

Jacko's Forex House of Pleasure and Pain

yeah...i could also be WWWRRONG!!!

Jacko's Forex House of Pleasure and Pain

got filled at 1.4400 again.. cancelled the other order...lets see how it goes.

Jacko's Forex House of Pleasure and Pain

okey...now i have 2 pending orders..one at 1.4400 and another at 1.4450. lets wait and see which one get hit first.

Jacko's Forex House of Pleasure and Pain

hi everyone...hope you guys had FUN yesterday...anyways i went long this morning at 1.4400 and got stopped -31 pips...would be looking to go long at 1.4400 in about 1-4hrs from now. thats if price comes to that region.it temptng to go long right now ...

Jacko's Forex House of Pleasure and Pain

lol...jacko i can see u!!! — something tells me jacko is long eur/usd...

Jacko's Forex House of Pleasure and Pain

market wizard is a good one.. trend following -michael covel

Technical Analysis Fallacy

i think the reason he uses the 5min chart is to actually see the break out after he has felt where the price is going to. and yeah .........dont forget the 12 sma too..

Technical Analysis Fallacy

hey textor.. u should probably read the 3rd thread. the part where fti said *look at the chart, ask yourself what did the market do when it was at this level historically? *was this level significant chart wise? and so on.... i think you should ...

Technical Analysis Fallacy