Обзор стратегических Советов по Forex сигналам на Форекс Форумах

<!--QuoteBegin-"Learning_pips"+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">("Learning_pips")</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Hi Stal,

Wanted to clarify a point out of the explaination that you gave a couple of days back about

the Reaction Swing and the Projected Reversal Date.
1.When you said about the centre of the cycle, wont we calculate a 60% buy window and be

long on the trade after the Reaction Swing ends and the current Bull run restarts.

2.For applying Mr.Crane's Reversal date projection technique of reverse and forward counts,

what is the most reliable time frame to do so. I mean I tried doing it in smaller time

frames but could not be very successful.

Thnks..your big fan..<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


Helloo Learning pips,
You know what your questions does to me? it challenges me...really, it does..like digging

down the well of yourself..believe me guys, these questions are NOT easy, though

simple..neither is understanding market behaviour or ''tells'' for consistent

profitability..
So we go back to our monthly charts on the GBPUSD..remember last time, we talked about a

reversal date of 4 to 8 months from now, for the cable..in which , price would have reached

a high probability turning point from its downtrend to (A) an uptrend reversal or (B), a

sideways consolidation or range in which the market is not ready to reverse but would

continue trading in the same direction as the current trend.So price on cable has a maximum of 9 months to show a reversal, according to the Reversal Date technique.

<img src="http://i72.servimg.com/u/f72/11/82/15/01/monthl10.gif" border="0" class="linked-image" />

We shouldnt mix the concept of the Reaction Swing and Projected Reversal Date with the 60%

buy/sell windows. The R.S is mainly used for TIME PROJECTIONS while the 60% buy/sell windows

are more useful in the realm of PRICE PROJECTIONS.Now look at BC, the Reaction Swing where

we got the centre of the circle in which the past can project the future..though price would

have triggered our centre of the Reaction Swing @ 1.8300..it made a turnaround at the 60%

window..where the red arrow was.. Except you got very deep pockets to withstand a $1300 pip

downward move with leverage,you would've been stopped out..It was at the 2nd try, where the

blue arrow was, that price cleanly triggered the buy stop at the centre of the Reaction

Swing, and rocketed up..

Another difference is the R.S/R.D are mainly used in PRICE RETRACEMENTS, while the BUY/SELL

WINDOWS, are mainly used PRICE TRENDS..Always understand the difference, like understanding

your reality..''where Am I At In The Present Moment Of Now?'' Where Am I In The Greater

Scheme Of The Universe?Am I in a full trend or a retracement/correction?

2 Actually, you can apply those TIME PROJECTION TECHNIQUES on any timeframe, whether 5min,

15min, hourly, or weekly,etc.. The major challenge is counting those bars or candlesticks,

for the lower the timeframes, the more Reaction Swings inherent in them, and the more you do

your counts.. Since John Crane is from the futures/commodities world, most of his strategies

are different, yet similar to those in the forex world. His brilliant book, ADVANCED SWING

TRADING'', is very helpful for swing and position traders..



<!--QuoteBegin-Mageroi;216443+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(Mageroi;216443)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->My studies have proven to me that flexible and liberal interpretation

of EWA coupled with precise Fibonacci proportions & extensions on Price much more accurate

and practicable than all the Time studies of Gann, Delta, MM etc...

From practice & observation of others (including the newsletters from Copan) Delta or MM are

pretty much based on loose, flexible timings.The theoretical assertiveness of Copan in his

tapes is impressive but his newsletters are nourished with incertitudes....

I have yet to find a Timing study more precise than Price to trade with despite all the hype

about Time. Time cycles dissapears at times......
Just my experience and choice I guess.<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


Hmmm, Mageroi, you might be quite right there..though they still have their uses..Is Time

Projection a core strategy of Buffetology?






<!--QuoteBegin-MB219TR;209978+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(MB219TR;209978)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Dear Madam and Dear Sir,
My name is Mahir I am a investor in Turkey, I would to ask you a question if you permit.
According to the exchange rates, the £ exchange rate to the $ was 1,99 at the common years,

now it decreases to 1,49.
According to the exchange rates, the £ exchange rate to the € was 1,55 at the common years,

now it decreases to 1,17.
As we have in our owner equity, our capital is almost all in British Pounds. According to

the long-term finance management we have a loss of about 900.000 Dollar’s because of the

exchange course.
My question is what do you advice me to do. Should I change to Euro or will the Pound be

stable and will gain its unique power again.
I hope you are not suprised about this mail because there to many speculations and I really

do not now how to act thats why I need help for an advice from you.
I thank you in forward and hope for your reply.
Yours Sincerly,
MAHIR - <a href="mailto:MB219TR@YAHOO.COM">MB219TR@YAHOO.COM</a><!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Well, Mahir,
just dont overlook GOLD as an alternative asset class, that traders run to during periods of

market uncertainity.

<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://news.yahoo.com/s/ap/20081129/ap_on_bi_ge/ml_opec_meeting" rel="nofollow" target="_blank">http://news.yahoo.com/s/ap/20081129/ap_on_...ml_opec_meeting</a><span class='inv'><![CDATA[</noindex>]]></span>



<!--QuoteBegin-danew13;215670+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(danew13;215670)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->trying to max my dollar exchange to gbp...i can wait...is it worth it?

some predict gbp will tank at 1.40 dol. opinion?<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Even lower, danew...Price on the cable have up to 9 months to prove it.

NOW,SUNDAY,our previous order is still on,.we put a sell stop on GBPUSD @ 1.5300..1st target

@ 1.5260...2nd target @ 1.5175..3rd target @ 1.5090..sl @ 50 pips away from entry..

[10:32:33 26/11/08] Stalion : we also put a buy stop on gu @ 1.5540...1st target @

1.5580..2nd target @ 1.5615

[10:33:04 26/11/08] Stalion : sl @ 40 pips away..

If you care to observe, both buy and sell stops are at the extreme end of the Thanksgiving

week range..so we call this THE MONTHOBAMA TECHNIQUE

<img src="http://i72.servimg.com/u/f72/11/82/15/01/montho10.gif" border="0" class="linked-image" />

 

<!--QuoteBegin-mfoste1;170670+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(mfoste1;170670)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->I need some advice from some seasoned forex traders...I am a college

student studying finance and I am fairly new to forex trading but i have frequently day

traded some stocks. I opened up a fxcm account 3 days ago funded with $5,000. Today was the

first day that I traded it for about 3 hours. At the end of the 3 hrs I made a profit of

$1,042.25. It doesn't seem like I'm executing my trades very well though, so I'm wondering

if this is just luck or something like that. Is significant profit a sign of good

trading?<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


Hi mfostel,
Its quite encouraging of you to admit you've not been executing your trades very

well..Though some might say its just 'luck to catch a drop', it all depends on you, at the

end of the day..
Significant profits is just a MEASURE of good trading....You still have to create structures

based on your trading plan , in order to know where, when and how you went right or wrong in

your trading activities..
These structures includes your trading strategy, risk management and trader psychology..like

how do you reconcile an 80% gross profit with a 50 % relative drawdown?
How exposed are your trades for that session , in relation to your total equity? How do you

know when you are on a losing streak and how does that affect your successive trading

activities? Those, and more questions you ask yourself, would surely help in making you the

seasoned trader that you are meant to be.

P.S- As a graduate of Finance from the University Of Lagos, I would say you are building a background in news trading..as in, economic analysis and forecasts would be right up your alley..if you are real jiggy with your major.




[08:13:41 01/12/08] agba : Hi Stal

[08:14:34 01/12/08] agba : Is the sell stop at 1.5300 still valid, it has been stopped out

once today?

[10:37:35 01/12/08] Stalion : helloo everyone

[10:37:57 01/12/08] Stalion : yes, agba....it is...if stopped out, you reenter..

[10:38:05 01/12/08] Maximus : Heu Stalion...

[10:39:41 01/12/08] Stalion : 1st and 2nd target already hit for 125 pips..going for 3rd

target

<img src="http://i72.servimg.com/u/f72/11/82/15/01/montho11.gif" border="0" class="linked-image" />

[10:39:56 01/12/08] Stalion : helloo there, max..

[10:40:03 01/12/08] Stalion : howz ur trading going?

[10:40:39 01/12/08] Maximus : very good i am out at 1.5175, thx...

[10:41:36 01/12/08] agba : DId not reentered waited fr ur response


[10:43:49 01/12/08] Stalion : Here, we tend to nurture traders to become independent after

time..once you get the thick of it, you tend to trade better yourself...in this case, am

sorry you didnt reenter..

[10:43:58 01/12/08] agba : Can I enter now?

[10:44:41 01/12/08] Stalion : not sure...it depends on the risk to reward ratio

[10:45:18 01/12/08] Stalion : our 3rd target is 1.5090..

[10:46:08 01/12/08] Stalion : u can still enter now, with a 50 pip sl..agba...

[10:46:10 01/12/08] agba : I will wait till us session

[10:47:29 01/12/08] agba : ok thanks

[10:47:43 01/12/08] Stalion : though the reward would be approximately the same, at current

market price

[10:48:12 01/12/08] Stalion : but the risk would be double since you got stopped out earlier

[10:48:44 01/12/08] agba : I entered @1.5128

[10:50:21 01/12/08] Stalion : no probs...time will tell..

[10:52:04 01/12/08] Stalion: remember, put a 15 or 20 pip trailing stop on price when you

are +20 pips ahead

[10:52:21 01/12/08] agba : ok

[11:15:57 01/12/08] agba : Thks Stal. Got 38pips

[11:41:17 01/12/08] Stalion : lol!

<img src="http://i72.servimg.com/u/f72/11/82/15/01/montho12.gif" border="0" class="linked-image" />

[11:42:24 01/12/08] Stalion : price on cable have gone way beyond our 3rd target of

1.5090...for more than 210 pips,$210 minilot,$2100 standard lot

[12:08:50 01/12/08] Stalion : even after subtracting the 50 pip stop loss earlier in the

morning, we are still ahead

[13:33:36 01/12/08] djcarlos : I missed that exelent trade .... Sad

[13:34:07 01/12/08] Stalion : why? it has been out in the open for more than 24 hrs

[13:34:23 01/12/08] djcarlos : I stal.... this falll is going to have retracement???

[18:30:17 01/12/08] djcarlos : Hi, im looking CNN and US it was declared recently in

recetion

[18:30:45 01/12/08] Stalion : recession?

[18:31:37 01/12/08] djcarlos : sorry... yes recession in US... CNN said that is officialy

[18:35:07 01/12/08] djcarlos : about 20 minutes was declarated ... but they sais that the

recesssion start in december 2007

[19:10:07 01/12/08] Stalion : from a sell entry of 1.5300 to a low of 1.4805

[19:10:15 01/12/08] Stalion : almost 500 pips

[19:13:12 01/12/08] djcarlos : yes.... and I missed it.... I want to die .... I looked the

chat at 5:00 am... and the fall start at 6:00 am...

[19:15:52 01/12/08] djcarlos : but now i hope a good retracement



<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://news.yahoo.com/s/ap/20081201/ap_on_bi_st_ma_re/wall_street" rel="nofollow" target="_blank">Stocks fall sharply on consumer spending worries - Yahoo! News</a><span class='inv'><![CDATA[</noindex>]]></span>



<!--QuoteBegin-fasi26;217025+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(fasi26;217025)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->now wht wuld be the rebound of GBP/USD..............( i m holding the

position sell 153.5 to going on.<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

If there's going to be a rebound or retracement, fasi, I think its better we put a buy stop

on cable @ 1.4900, 1st target @ 1.4935..2nd target @ 1.4985..3rd target @ 1.5135...with a

stop loss @ 1.4805...Please check your risk to reward ratio before taking any trades.

 

Yes, onwuka...there are some good chart patterns around...just google head and shoulder patterns, W top and bottom, wedges,triangles,pennants, etc..You could find something useful that might assist you in your trading activities..If you checked those charts, you would hardly see any indicators...every trading decision is based from the charts and patterns..no mumbo jumbo indicators or lines all over the place,,just straight from the charts..




[<!--QuoteBegin-ddock222;575460+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(ddock222;575460)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->i dont get the idea you showing about thw system. first, where are

those numbers come from ? i looked at the charts that you attached those numbers (2.0168,

2.0050, 2.0089). sencond, is this same as the 3 ducks system ?[/quote]

Me too,ddock...it has been quite a while since that chart was posted,I must say... those

numbers come from the chart, where we added/subtracted the range of price from its virtual
entry point..second, am not really familiar with the 3 ducks system..so cant say for now..


<!--QuoteBegin-t2wfx;590782+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(t2wfx;590782)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Wow nice trade guys![/quote]

yea, t2wfx, we try to get better and better by the day..


<!--QuoteBegin-SirLancelot;307456+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(SirLancelot;307456)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Helloo Stallion,after going through your posts am sorely tempted but still a little

doubt,you were telling the college kid about profits,drawdowns and streaks.whatabout

yours?how sure are we that you are profitable with your strategy,at least 10% profitable a

month.? any recent performance reports to back em up?nice work you doing on this

thread[/quote]

Yes Lance, you can get a sample detailed performance report on my strategies as an attached

file below.Just click on it ,okay...This was on a starting balance of $10k as at October

this year, in which the total net profit is $3k plus..relative drawdown of 8.69% over a 3

month period..that should be approximately 10% per month on the average. Not too bad...action speak louder

than words.

<!--QuoteBegin-Forexgreenland;218184+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(Forexgreenland;218184)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->For the short term, a la mahir,we could put a sell stop gbpusd @ 1.4618..1st target @

1.4595..2nd target

@ 1.4560..3rd target @ 1.4525..

For the medium term, we put a sell stop on GBPUSD @ 1.4465..1st target @ 1.4425..2nd target

@ 1.4385...3rd target @ 1.4305...5o pip sl away...Remember to take half profits when +20

pips away,while shifting sl to entry.

<img src="http://i72.servimg.com/u/f72/11/82/15/01/cool110.gif" border="0" class="linked-image" />[/quote]

To all the traders in the house, with style and grace...allow me to lace these lyrical

possies in your purses..which price moves, would move down to bearish...the back of the

keyboard is the place where you gonna me..forex questions asking...trades passing..profits

blasting..but I jus cant quit...because some of these brokers need some dose of ethics,

check this..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/jiuce10.gif" border="0" class="linked-image" />

you can put a sell stop on gbpusd @ 1.4680...1st target @ 1.4655..2nd target @ 1.4635...3rd

target @ 1.4540 ..sl 50 pips away...


<img src="http://i72.servimg.com/u/f72/11/82/15/01/jiuce110.gif" border="0" class="linked-image" />
<!--QuoteBegin-KITT862;9522+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(KITT862;9522)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->it seems too complicated/technical for me . really for beginner? for me, I just need easy/simple indicator or EA to decide buy or sell.[/quote]


Lol,kitty...in reality..it is quite simple and easy in forecasting..Dont stop it if you think you gonna make a profit..
Many of the most simplest things in life are the most profound..like hydrogen,with the atomic number of 1.
We need 2 atoms of oxygen with an atom of hydrogen, to form 1 molecue of water(H20)..Very simple but many people are not AWARE..''For the Bible says;My people Perish Due To Lack Of Knowledge/Vision''..
Until you are AWARE that YOU are the INDICATOR..YOU are the Expert Advisor...YOU are the ROBOT...YOU are the HOLY GRAIL'',,you would always see yourself as a beginner in the markets..
Until you throw off the clutches of EA's, robots,and diverse indicators, and start taking trading decisions straight from the charts,you would always tend to see yourself handicapped from reaching your goals of making profits through trading..
YOU TAKE THE DECISION...YOU TAKE THE RESPONSIBILITIES..NOT A ROBOT..FOR YOU ARE THE R-O-B-O-T!

<!--QuoteBegin-logoodung;213517+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(logoodung;213517)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->I went short @ 1.4944 yesterday at about 7am with limit set at 1.49 and stop loss at 1.50. Up to 11am the range fluctuated between 1.4960 to 1.4995 even after the BoE minutes. Did I miss something? After the CBI report obviously I was out the trade and seeing the trend of GBP extend to 1.51+. Why didn't this go my way?[/quote]


Sorry,logoodung, you were right in the middle of the 3 low of the 1-2-3 pattern,which usually foretells a bullish bias..Problem was, you thought short, instead of long..Thats what you missed, mon ami..ohh, by the way, there was also a bullish hammer candlestick just where you went short, which formed as support to price..so where you would've gone right, as in the solution, was by putting a sell stop below the low of 1, of the 123 chart pattern,which if triggered, would confirm your bearish bias in pric e movement..

<!--QuoteBegin-mystikal;11120+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(mystikal;11120)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->[20:33:40] Stalion : hi folks, its a cool evening here in the city of Lagos,
And we also put a sell stop on GBPUSD @ 1.4970...1st target @ 1.4945..2nd target @

1.4920..3rd target @ 1.4895..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/gcool310.gif" border="0" class="linked-image" />

We call it TRAPPING THE DRAGON TECHNIqueza[/quote]



[20:45:50 19/11/08] Maximus : ok I got it, thx Stalion.....

[20:50:33 19/11/08] djcarlos : thanks Stal

[09:24:57 20/11/08] klho83 : I missed that

[10:31:43 20/11/08] klho83 : Hi Max.

[10:58:56 20/11/08] masif1 : guys stalion did NOT post the following alert

[10:59:05 20/11/08] masif1 : And we also put a sell stop on GBPUSD @ 1.4970...1st target @ 1.4945..2nd target @

[11:00:48 20/11/08] masif1 : 1.4920..3rd target @ 1.4895..

[11:00:55 20/11/08] masif1 : this was on the forum

[11:01:08 20/11/08] masif1 : <span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.trade2win.com/boards/forex-strategies-systems/29911-review-strategic-tips-milking-major-currency-pairs-24.html" rel="nofollow" target="_blank">http://www.trade2win.com/boards/forex-stra...y-pairs-24.html</a><span class='inv'><![CDATA[</noindex>]]></span>

[11:01:13 20/11/08] masif1 : posted last night

[11:01:23 20/11/08] masif1 : the buy call we would have got stopped out on

[11:01:37 20/11/08] masif1 : however the sell call we would have made profit Wink

[11:06:42 20/11/08] masif1 : or was that the original sell alert stalion sent yesterday morning?

[11:06:59 20/11/08] masif1 : i know i should not have cancelled it ;(


<img src="http://i72.servimg.com/u/f72/11/82/15/01/gcool410.gif" border="0" class="linked-image" />


so for Friday,we put a buy stop on GBPUSD @ 1.4865...1st target @ 1.4900...2nd target @ 1.4950...3rd target @ 1.5050
[/quote]

 

Yes, onwuka...there are some good chart patterns around...just google head and shoulder patterns, W top and bottom, wedges,triangles,pennants, etc..You could find something useful that might assist you in your trading activities..If you checked those charts, you would hardly see any indicators...every trading decision is based from the charts and patterns..no mumbo jumbo indicators or lines all over the place,,just straight from the charts..



<!--QuoteBegin-KITT862;9522+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(KITT862;9522)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->it seems too complicated/technical for me . really for beginner? for me, I just need easy/simple indicator or EA to decide buy or sell.[/quote]


Lol,kitty...in reality..it is quite simple and easy in forecasting..Dont stop it if you think you gonna make a profit..
Many of the most simplest things in life are the most profound..like hydrogen,with the atomic number of 1.
We need 2 atoms of oxygen with an atom of hydrogen, to form 1 molecue of water(H20)..Very simple but many people are not AWARE..''For the Bible says;My people Perish Due To Lack Of Knowledge/Vision''..
Until you are AWARE that YOU are the INDICATOR..YOU are the Expert Advisor...YOU are the ROBOT...YOU are the HOLY GRAIL'',,you would always see yourself as a beginner in the markets..
Until you throw off the clutches of EA's, robots,and diverse indicators, and start taking trading decisions straight from the charts,you would always tend to see yourself handicapped from reaching your goals of making profits through trading..
YOU TAKE THE DECISION...YOU TAKE THE RESPONSIBILITIES..NOT A ROBOT..FOR YOU ARE THE R-O-B-O-T!

<!--QuoteBegin-logoodung;213517+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(logoodung;213517)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->I went short @ 1.4944 yesterday at about 7am with limit set at 1.49 and stop loss at 1.50. Up to 11am the range fluctuated between 1.4960 to 1.4995 even after the BoE minutes. Did I miss something? After the CBI report obviously I was out the trade and seeing the trend of GBP extend to 1.51+. Why didn't this go my way?[/quote]


Sorry,logoodung, you were right in the middle of the 3 low of the 1-2-3 pattern,which usually foretells a bullish bias..Problem was, you thought short, instead of long..Thats what you missed, mon ami..ohh, by the way, there was also a bullish hammer candlestick just where you went short, which formed as support to price..so where you would've gone right, as in the solution, was by putting a sell stop below the low of 1, of the 123 chart pattern,which if triggered, would confirm your bearish bias in pric e movement..

<!--QuoteBegin-mystikal;11120+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(mystikal;11120)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->[20:33:40] Stalion : hi folks, its a cool evening here in the city of Lagos,
And we also put a sell stop on GBPUSD @ 1.4970...1st target @ 1.4945..2nd target @

1.4920..3rd target @ 1.4895..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/gcool310.gif" border="0" class="linked-image" />

We call it TRAPPING THE DRAGON TECHNIqueza[/quote]



[20:45:50 19/11/08] Maximus : ok I got it, thx Stalion.....

[20:50:33 19/11/08] djcarlos : thanks Stal

[09:24:57 20/11/08] klho83 : I missed that

[10:31:43 20/11/08] klho83 : Hi Max.

[10:58:56 20/11/08] masif1 : guys stalion did NOT post the following alert

[10:59:05 20/11/08] masif1 : And we also put a sell stop on GBPUSD @ 1.4970...1st target @ 1.4945..2nd target @

[11:00:48 20/11/08] masif1 : 1.4920..3rd target @ 1.4895..

[11:00:55 20/11/08] masif1 : this was on the forum

[11:01:08 20/11/08] masif1 : <span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.trade2win.com/boards/forex-strategies-systems/29911-review-strategic-tips-milking-major-currency-pairs-24.html" rel="nofollow" target="_blank">http://www.trade2win.com/boards/forex-stra...y-pairs-24.html</a><span class='inv'><![CDATA[</noindex>]]></span>

[11:01:13 20/11/08] masif1 : posted last night

[11:01:23 20/11/08] masif1 : the buy call we would have got stopped out on

[11:01:37 20/11/08] masif1 : however the sell call we would have made profit Wink

[11:06:42 20/11/08] masif1 : or was that the original sell alert stalion sent yesterday morning?

[11:06:59 20/11/08] masif1 : i know i should not have cancelled it ;(


<img src="http://i72.servimg.com/u/f72/11/82/15/01/gcool410.gif" border="0" class="linked-image" />


so for Friday,we put a buy stop on GBPUSD @ 1.4865...1st target @ 1.4900...2nd target @ 1.4950...3rd target @ 1.5050
[/quote]

 

<!--QuoteBegin-jeffsmith;385152+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(jeffsmith;385152)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Friends todays inventories provided by AVAFX are showing the market

is volital.[/quote]


yea, jeff, market have been pretty much volatile since the last half of this year..Nice

observation, though..

<!--quoteo--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--quotec--><i>Quote from increasenow:</i>

<b>TO: ForexGreenLand

Great thread!


Questions for you:

1-looks like you are consumed with the GBP/USD...why only this currency?...do you trade

others?

2-do you only trade micro lots or standard size lots ever?I seen you neveer trade even 1

lot...

3-you made $3,000K since you opened the account...do you have a job or other investments you

live off?

4-where do you live and what hours do you trade Forex?

Great trading to you!! </b>[/quote]



Helloo there, increasenow,
from the tone of your comment, you seem to be hiding some heavy sarcascm beneath velvet

gloves, or shall we say , ''cat's paw''? maybe its just a reflection of your inner mental

processes at work...well, I'm in a good mood so I'll humour you for now and give you some

answers..

1- consumed with GBPUSD? What do you think this is, alcoholic consumption frenzy? Trading is a

wide field like medicine,law,or any other profession out there...it pays to specialize in

one or two currencies well and be profitable, than to be jack of all trades and master of

loss..ever heard of comparative advantage? Warren Buffet said something along the line of

diversification are for those that dont really know what they are doing...put your eggs in

few baskets as possible , and watch them like a hawk...so in order words, I trade all

currencies and I specialize on the cable, just like I said on my begining post here.


2 - I manage forex accounts ranging from tens of thousands minimum, to millions of

dollars..That sample detailed report you saw was based on how much return of investment(ROI)

gained monthly from a minimum of 10k. Due to my style of trading, risk and money management

is of top priority in the first objective of preservation of capital.
The second objective of making profits comes next.I want you to understand that in trading,

garbage in, garbage out...right thinking, right product..

Never risk more than 2% to 3% of your capital in any trade...For a 10k account, dont risk

more than 200 dollars..for a 100k account, dont risk more than 2000 dollars, for a $1m

account, dont risk more than 20k in a trade..
So in the context of this sample, why should a professional trader use 1 standard lot on a

10k account, if risk mgt suggest $200(2%) risk on a single trade for that equity ? You have

the potential of losing $2,000 on a trade, which is 20% of the 10k equity, instead of just

$200 or 2%..That 20% keeps you in the game for just 5 times, while the 2% keeps you in the

game for 50 times...Devrim, a forex trader lost 90% of his million dollar account because he

wasnt using stops...learn from the mistakes of others..maybe you should go back and read

this..


<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.babypips.com/school/drawdown_and_maximum_drawdown.html" rel="nofollow" target="_blank">http://www.babypips.com/school/drawdown_an...m_drawdown.html</a><span class='inv'><![CDATA[</noindex>]]></span>

The higher your equity, the better capitalized you are...Dont be fooled by adverts telling

you to trade forex for $10 or $100 or claiming you can make gazillions out of a palty amount

...doesnt work that way...from your name,increasenow,dont be greedy,

3- 3k from a 10k account in 3 months amounting to an average of 10 % monthly, is not too bad

in my opinion, considering the last 3 months have been the most volatile and uncertainity

filled period in the markets, with the global economic crises,recession troubles and bad

news transmitted everywhere.. ..
Traditionally, months from October through December, have always been very hectic for

traders...most rarely trade during the period as banks, hedge funds square off positions to

the detriment of the undercapitalized and inexperienced traders.
For the 3 month to a year period, bonds have been below 2%, Treasuries Bills rates have been

slashed to pieces and stock index have been on negative for the last 9 months now..so why

make jest of a 30% return in 3 months, if you are not a court jester?

<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://finance.yahoo.com/bonds/composite_bond_rates" rel="nofollow" target="_blank">http://finance.yahoo.com/bonds/composite_bond_rates</a><span class='inv'><![CDATA[</noindex>]]></span>

<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.bankrate.com/brm/ratewatch/treasury.asp" rel="nofollow" target="_blank">http://www.bankrate.com/brm/ratewatch/treasury.asp</a><span class='inv'><![CDATA[</noindex>]]></span>

For the record, that 10k account is just a SAMPLE of the other currency based accounts that

is being managed, amongst other investments.

4- Where do I live? Though trading is a lonely business, No stalking , please...


<!--QuoteBegin-SirLancelot;307456+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(SirLancelot;307456)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Hi Stallion,thanks for the report,am considered taking up your managed account service,if

those profit trades are sustainable in the longterm.i understand the risks of trading so am

not looking for wild returns or whatnot, just something consistent i need.thanks once again

maestro[/quote]


no probs, lancelot...



[09:09:41 08/12/08] Stalion : helloo there everyone

[09:24:35 08/12/08] klho83 : hi Stal

[09:51:36 08/12/08] fasi26 : hi alz

[10:10:02 08/12/08] Stalion : hi fasi

[10:11:18 08/12/08] Stalion : our sunday trade didnt work out as planned, so we put a buy

stop on gbpusd @ 1.5045..1st target @ 1.5105..2nd target @ 1.5165...3rd target @ 1.5225...50

pip sl

[10:15:25 08/12/08] klho83 : OK Thanks!

[10:24:08 08/12/08] fasi26 : hi allz

[10:29:01 08/12/08] fasi26 : shuld v go for EUR/USD sell stop

[10:36:48 08/12/08] fasi26 : helloooooooooooo

[10:42:08 08/12/08] fasi26 : Stalion?????????

[10:46:05 08/12/08] Stalion : hi

[10:47:34 08/12/08] fasi26 : hi sir how ru

[10:48:28 08/12/08] Stalion : am okay

[10:48:31 08/12/08] Stalion : and you?

[10:48:40 08/12/08] fasi26 : same here thnx

[10:49:22 08/12/08] Stalion : we also put a sell stop on gbpusd , as a hedge, @

1.4945....1st target @ 1.4900,2nd target@ 1.4855,3rd target @ 1.4815....50 pip sl away


[10:49:27 08/12/08] fasi26 : eur/usd ?

[10:51:40 08/12/08] fasi26 : hmmmm i entered

[10:51:53 08/12/08] fasi26 : but i m luking for eur.usd any tip

[10:53:05 08/12/08] Stalion : for eurodollar, a sell stop @ 1.2869...1st target @

1.2847...2nd target@ 1.2825....50 pip sl away

[10:53:13 08/12/08] Stalion : hi avak

[10:53:26 08/12/08] fasi26 : hmmm k

[10:54:58 08/12/08] fasi26 : i got 1.4900 ... 1st trgt @ 1.4850

[10:58:50 08/12/08] fasi26 : ?

[10:59:58 08/12/08] fasi26 : did u see eur.usd forum

[11:00:24 08/12/08] Stalion : nope...where?

[11:00:37 08/12/08] fasi26 : dailyfx forum

[11:01:25 08/12/08] Stalion : whats happening there?

[11:08:29 08/12/08] Stalion : hellloooo, fasi....?please wake up....2nd target hit


<img src="http://i72.servimg.com/u/f72/11/82/15/01/jiuce210.gif" border="0" class="linked-image" />

[11:16:50 08/12/08] Stalion : not yet.....

[11:26:32 08/12/08] Stalion : remember to take half profits after +20 pips ahead...

[11:26:39 08/12/08] Stalion : then shift sl to entry

[11:37:52 08/12/08] Avak1988 : hello Stalion

[11:38:27 08/12/08] Avak1988 : I just try to understand what is going on and how do you work

here

sell stop on gbpusd @ 14745...1st target @ 14705..2nd target @ 14665...3rd target@

14625...also as a hedge, we put a buy stop @ 14825...1st target @ 14865...2nd target @

14900...50 pip sl on both..
Please remember to take half profits after you are +20 pips while shifting stop loss to

entry. And 15 to 25 pip trailing stop should be used after 2 nd have hit..

 

<!--QuoteBegin-"fasi26"+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">("fasi26")</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->(Please remember to take half profits after you are +20 pips while shifting stop loss to

entry. And 15 to 25 pip trailing stop should be used after 2 nd have hit..)

i dont understand ur words????/////<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->



Helloo fasi, lets illustrate ,shall we?
For example, we have a buy stop @ 1.5000, where stop loss was 50 pips away, @ 1.4950...so our buy stop was triggered and price gets to 1.5020 or more..THAT is when you adjust your stop loss level from 1.4950, up to the buy entry level of 1.5000..then taking half profits means closing half your position(s)..if you entered with 1 minilot, you close at 0.5....if 2 minilots, you close at 1 minilot...sequentially...failure to apply this simple risk management technique while trading, is the cause of so many unnecessary losses..
Hope you now understand..





<!--QuoteBegin-"realjimmy"+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">("realjimmy")</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Hi Stalion, You've always done nice jobs, and i've always missed your live comment and signal.

I am in Australia, not sure what normal time you would give comment or tell people how to trade.

I think you are fantastic and really want to follow what you have got. Every time when I got up here, you have already disconnected.

Please let me know.. i need your help..>_<.<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->



Hi Jimmy...thanks for your mail....howz the famous Down Under?....The Land Of The Antipodes...hope you guys are treating the aboringes well over there..cool..well,am really humbled by your comments, mon ami...London Session is mostly where I'm at...3am EST...

[11:29:04 10/12/08] Stalion : hi fasi

[11:35:42 10/12/08] klho83 : Hi Stal

[11:49:03 10/12/08] fasi26 : stalion????

[11:49:08 10/12/08] Stalion : how was trading yesterday?

[11:51:15 10/12/08] fasi26 : i didnt trade

[11:52:11 10/12/08] Stalion : cool

[11:54:09 10/12/08] fasi26 : bcoz it's hlidays here so i m enjoying 2 days of eid

[11:54:56 10/12/08] Stalion : yesterday price got down to our 1st target on our sell stop, before going back up

[11:56:04 10/12/08] Stalion : but if your buy stop had triggered, you would have been stopped out....and a reentry today would get you to 1st target @ 1.4865 on our buy stop entry

[11:56:16 10/12/08] Stalion: Happy Sallah, fasi


[12:01:30 10/12/08] fasi26 : wht was the impact of obama's speech

[12:04:19 10/12/08] Stalion: didnt know he had a speech....what was it all about, fasi?

[12:05:16 10/12/08] fasi26 : it's about new economic plan of america

[12:05:24 10/12/08] Stalion : hi K

[12:05:36 10/12/08] fasi26 : and he still wana spend more money for the infrastructure of america

[12:09:38 10/12/08] Stalion : YEA...LIKE fdr DURING THE gREAT dEPRESSION OF THE 1930'S

[12:11:09 10/12/08] fasi26 : yes he said that more money can be spend as campared to 1950;s

[12:11:31 10/12/08] fasi26 : and economy will go down more before taking high

[12:11:55 10/12/08] Stalion : President Frank Delano Roosevelt did massive reconstruction to overcome the US Depression

[12:17:58 10/12/08] Stalion : by pumping more money into the system through effective Reconstruction, he emplys more workers...this is like the faceoff BETWEEN EMPLOYMENT AND INFLATION...FINE, TOO MUCH DOLLARS MIGHT BRING INFLATION, BUT LOW UNEMPLOYMENT RATES ENCOURAGES GOOD CONSUMER SENTIMENT, WHICH BRINGS IN HIGHER DEMAND AND PRODUCTIVITY , WHICH TRANSLATES TO

[12:19:34 10/12/08] Stalion : BEATING THE GLOBAL SLUMP...CREDIT, THOUGH LOOKING TO BE MORE REGULATED, WOULD BE MORE ABUNDANT FOR EXPANSION...

[12:46:51 10/12/08] fasi26 : hmmmmm ur right

[13:17:37 10/12/08] Stalion : hi dj

[13:19:44 10/12/08] Stalion : did you get our buy stop?

[13:23:45 10/12/08] djcarlos : yes.. thanks... but I was in the car... and now the 2 targets are hits

[13:24:25 10/12/08] djcarlos : in other trade ....

[13:26:22 10/12/08] Stalion: yep...correct...

[13:27:12 10/12/08] Stalion: hope you are going to be around when we have winning trades, dj....for that offsetts any losses we might have

[13:29:26 10/12/08] djcarlos : yes... I always have my laptop with wi-fi.... but now i dont got it with me

[21:54:53 14/12/08] Stalion : So for today Sunday the 14th, we put a sell stop on GBPUSD @ 1.4946...1st target @ 1.4923..2nd target @ 1.4905..3rd target @ 1.4884...

[22:01:53 14/12/08] Stalion : also as a hedge, we put a buy stop on GBPUSD @ 1.5005..1st target @ 1.5035...2nd target @ 1.5065...3rd target @ 1.5095..both with 50 pip stop loss away

<img src="http://i72.servimg.com/u/f72/11/82/15/01/gameof10.gif" border="0" class="linked-image" />



1.5034(A)-1.4815(B)=0.0219
0.6*0.0219=0.01314
0.01314+1.4815=1.4946(60% SELL WINDOW OR SELL ENTRY)


1.4988&copy; - 1.4815(B) = 0.01730
0.6*0.01730= 0.01038
1.4988-0.01038= 1.4884(3RD TARGET/60% BUY WINDOW)


GIVE THE PRICE SOME ROOM..LEAVE THE PRICE ALONE; LET THE PRICE ROAM AND TWILL FIND ITS WAY HOME..

 

[21:54:53 14/12/08] Stalion : So for today Sunday the 14th, we put a sell stop on GBPUSD @

1.4946...1st target @ 1.4923..2nd target @ 1.4905..3rd target @ 1.4884...

[22:01:53 14/12/08] Stalion : also as a hedge, we put a buy stop on GBPUSD @ 1.5005..1st

target @ 1.5035...2nd target @ 1.5065...3rd target @ 1.5095..both with 50 pip stop loss away

[08:39:33 15/12/08] fasi26 : thnx stalion but got it late

[08:41:47 15/12/08] Stalion : no probs, mon ami

[08:42:08 15/12/08] Stalion : helloo everyone

[08:43:18 15/12/08] fasi26 : oh gud to c u how ru

[08:43:50 15/12/08] Stalion : price hit our buy stop @1.5005 this morning, and went straight

to our 2nd target of 1.5065...thats 60 pips in less than 4 hours

<img src="http://i72.servimg.com/u/f72/11/82/15/01/gameof11.gif" border="0" class="linked-image" />

[08:45:20 15/12/08] fasi26 : actually when u snt me msg timehere is 2 am n i was sleeping

[08:45:50 15/12/08] fasi26 : wht abt Eur Usd ???

[08:46:08 15/12/08] Stalion : no probs....more opprtunities to come

[08:46:38 15/12/08] fasi26 : yeah

[08:46:52 15/12/08] fasi26 : u cant get all opportunities

[08:47:27 15/12/08] fasi26 : all the time in from of market screen no way yaar

[08:50:23 15/12/08] realjimmy : So happy to c u guys here..

[08:50:33 15/12/08] Stalion : lol....80% of the time, price is on consolidation range....we

get more opportunities on the 20% breakout in price

[08:50:54 15/12/08] Stalion : helloo there, jimmy...

[08:51:13 15/12/08] realjimmy : hello Stalion....

[08:51:23 15/12/08] Stalion : howz everything going?

[08:51:49 15/12/08] realjimmy : nightmare.....

[08:52:28 15/12/08] Stalion : nightmare? I dont understand

[08:53:12 15/12/08] fasi26 : jimmy wht is ur nightmare wuld u share wid us

[08:53:20 15/12/08] realjimmy : market always goes against me....

[08:53:33 15/12/08] Stalion : for eurodollar, we put a sell stop @ 1.3451...1st target @

1.3425..2nd target@ 1.3405...3rd target@ 1.3405..

[08:53:51 15/12/08] fasi26 : no jimmy market never goes against anyone

[08:54:04 15/12/08] fasi26 : person against it

[08:54:27 15/12/08] fasi26 : this is for now Stalion

[08:54:53 15/12/08] realjimmy : i know...that's why i am still in my nightmare...

[08:56:15 15/12/08] realjimmy : hi Stalion, what's about Stop Loss??

[08:59:16 15/12/08] realjimmy : oh my god.. it's unbelievable....going down immediately..

[09:00:49 15/12/08] Stalion : 50 pip sl as usual...for now

<img src="http://i72.servimg.com/u/f72/11/82/15/01/fasi10.gif" border="0" class="linked-image" />

[09:01:23 15/12/08] Stalion : dats trading for you, jimmy....very fast nowadays....

[09:02:17 15/12/08] realjimmy : thanks so much...Stalion..

[09:02:25 15/12/08] realjimmy : you are my hero....

[09:02:42 15/12/08] realjimmy : i think i have found the 'light'

[09:02:52 15/12/08] Stalion : hey, jimmy....easy there....God is our hero

[09:03:08 15/12/08] Stalion : To Him We Give All Glory

[09:03:25 15/12/08] realjimmy : Very Happy

[09:03:53 15/12/08] fasi26 : right Stalion

[09:04:16 15/12/08] Stalion : yes.....mon ami...I dont claim to have the so called ''Holy

Grail''....just understanding market bahaviour, dats all..

[09:04:23 15/12/08] fasi26 : jimmy when 1 dooor is closed 2 more doors opens on other side

[09:05:52 15/12/08] Stalion : dat doesnt mean there r no losing trades...dats where risk mgt

comes in...please remember to take half profits when +20 pips ahead and shift sl to entry

[09:07:10 15/12/08] fasi26 : i gottcha Stalion Razz dnt wry

[09:07:31 15/12/08] fxjedi : hi all

[09:07:46 15/12/08] fasi26 : hi fxjedi

[09:09:05 15/12/08] fxjedi : thanks for the sms yesterday night , Stal, I made 60 pips from

it

[09:10:03 15/12/08] Stalion : cool

[09:10:28 15/12/08] Stalion : hope I didnt disturb your sleep?

[09:11:10 15/12/08] fxjedi : what? when dollars are concerned? hell no!

[09:11:16 15/12/08] fxjedi : lol

[09:23:22 15/12/08] fxjedi : 1st target hit on EURUSD

[09:24:48 15/12/08] Stalion : cool

[09:24:51 15/12/08] fasi26 : yea cut 1 lot took half profit

[09:25:03 15/12/08] Stalion : hope fasi took his trade

[09:25:26 15/12/08] fasi26 : i took mona mi

[09:25:53 15/12/08] Stalion : great

[09:27:31 15/12/08] Stalion : GBPUSD looks like its in a range

[09:43:57 15/12/08] fasi26 : stalion u said that if market +20 pps cut it half profit n

amend the sl to sl entry.... but wht abt the other half lot where to hold it how long to

hold it

[09:44:27 15/12/08] Stalion : dont know when, fasi...

[09:45:24 15/12/08] Stalion : the other half lot is held for the 2nd and/or 3rd

target....you still shave off half of that half lot when at 2nd or 3rd target

[09:28:37 16/12/08] Stalion : howz it going, fasi?

[09:33:36 16/12/08] fasi26 : hi

[09:33:41 16/12/08] fasi26 : it's great

[09:34:55 16/12/08] Stalion : yesterday price on the gbpusd went for both our sell and buy

stops, yielding more than 150 pips in the process...eurodollar went down to 1st target b4

shooting up..

[09:35:35 16/12/08] fasi26 : oh nice

[09:41:03 16/12/08] Stalion : for today, we put a sell stop on gbpusd @ 1.5245...1st target

@ 1.5205...2nd target@ 1.5165...3rd target @ 1.5125...50 pip sl

<img src="http://i72.servimg.com/u/f72/11/82/15/01/gameof12.gif" border="0" class="linked-image" />

[09:41:15 16/12/08] fxjedi : thanks,Stal

[09:54:45 16/12/08] fasi26 : gbp/usd is close to 1st target

[09:57:04 16/12/08] fasi26 : i cut the half +20pips holding half position

[09:58:05 16/12/08] fasi26 : yeah yeah yh yeah yeh

[10:12:25 16/12/08] fxjedi : do i reenter now,stal, am stopped out on profit



<!--QuoteBegin-AiRiCk;3013577+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(AiRiCk;3013577)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Very cool stuff ! Thanks for it <!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


cool...airick, price on the cable and other currencies, including stocks moved more than 300

pips on the US Fed rate cut of 0.25 basis points.Here's the chart putting the posterior into

posterity,another unsolved mystery going down in history

<img src="http://i72.servimg.com/u/f72/11/82/15/01/gameof13.gif" border="0" class="linked-image" />

<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://news.yahoo.com/s/ap/20081216/ap_on_bi_st_ma_re/wall_street" rel="nofollow" target="_blank">http://news.yahoo.com/s/ap/20081216/ap_on_..._re/wall_street</a><span class='inv'><![CDATA[</noindex>]]></span>

 

Helloo folks, price on the GBPUSD gave us some clues, technical analysis wise,on its 300 pip

move by the 1-2-3 bottom, which foretold a bullish move..coupled with the fundamental news

that the US was cutting interest rates..and voila...yumm yumm...

<!--QuoteBegin-theroguetrader;602818+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(theroguetrader;602818)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->" Dont step in front of a moving train " ...:idea:<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.trade2win.com/boards/attachment.php?attachmentid=44704&d=1229468777" rel="nofollow" target="_blank">http://www.trade2win.com/boards/attachment...mp;d=1229468777</a><span class='inv'><![CDATA[</noindex>]]></span>
Nice one, roguetrader....but please can you give more explanation on your chart?

So for today, wednesday, we put a Sell stop on gbpusd @ 15575...1st target @ 15545...2nd

target @ 15505...3rd target @ 15430...50 pip sl.....remember to take half profits when +20

pips ahead, then shift sl to entry level..

 

<!--QuoteBegin-mystikal;11850+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(mystikal;11850)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->So for today, wednesday, we put a Sell stop on gbpusd @ 15575...1st target @ 15545...2nd

target @ 15505...3rd target @ 15430...50 pip sl.....remember to take half profits when +20

pips ahead, then shift sl to entry level..<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


<!--QuoteBegin-sam111;11874+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(sam111;11874)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->In yesterdays market there were some clear indications that it will

remain down for few hours and give bounce back but not too much.<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->



<img src="http://i72.servimg.com/u/f72/11/82/15/01/exhibi10.gif" border="0" class="linked-image" />

Quite right,sam...If you noticed on the chart, you could see the 1-2-3 bottom below and the

head and shoulders pattern above...They are both reversal chart patterns,telling us price

has a high probability of reversing direction from its prevailing trend..The 50 pip stop

loss was at the left shoulder, and before we know it, 200 more pips, after 3rd target, was

liberated..

<!--QuoteBegin-jeffsmith;919117+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(jeffsmith;919117)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Friends this market says that always travel in a running train.

Means trade the movements in the market you will definitely make profits. But with patience

don't hurry.<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Patience is a virtue,especially in the markets,right, jeff?

<img src="http://i72.servimg.com/u/f72/11/82/15/01/exhibi11.gif" border="0" class="linked-image" />


<!--QuoteBegin-WiseTx;3024187+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(WiseTx;3024187)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Dear @AiRiCk;

What is cool?

am I missing something? :-?


1)It's not an EA
2)It's not even a System.
3)It does not show or teach some strategies.
4)Long chat conversations does not mean anything for us.
5)He is reviewing his own business. lol!!

Free Advertisement! ~X(<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

I been with these skills, crystal spills, hot bills, in Brazils..about African Black

Dreams..makes it hard to figure me..some traders be tickle me..like Fidel Castro..undercover

Dannie Brasco..sound like MACDs, the prayer mantis..so get a grip on the whip..playerhaters

getaway or my pen would spray..scribble off till I empty..dont tempt me..only to say I thank

thee..its all about the benjies..

@ Wise?TX

1- Would you give control of your live account to an EA? Would you board a flight across the

Atlantic with just robots to navigate and NO human pilots?

<img src="http://i72.servimg.com/u/f72/11/82/15/01/exhibi12.gif" border="0" class="linked-image" />

2- Google 'chart pattern recognition and price projection strategy' and see whether it is a

system or not, mon ami..THE CHART PATTERN RECOGNITION AND PRICE PROJECTION STRATEGY tells

us, to a considerable extent, where price is going and how far it might get there..
If it is not a system, how come you see these charts showing more profits than losses for

months now? Is it possible to make consistent profits WITHOUT, not just a strategy but a

SOUND STRATEGY? Or did I go and meet brokers and tell them ''hey, buddies, please fix some

green dotted entry lines and red dotted stop loss lines for the benefit of our bronco billy

cowboy"?

3- I think you need some glasses,Man...or maybe just remove the negativity and focus on this

thread with clarity of mind..1-2-3 bottoms,Head and Shoulder patterns, 60% BUY/SELL

WINDOWS,REACTION SWING, REVERSAL DATES,TRIANGLES, TREND LINES, MACD DIVERGENCES,ETC, are

shown and demonstrated here...Man, you need to stop popping too much Valium pills, wake up

and smell the roses.

4- Transcripts of live forex trading conversations are archived on forexgreenland, as a

source of practical lessons to students that are ready and willing to learn. Last time I

checked, I guess it was a free world. Meaning is relative, according to individual

perception and value, my friend.

5- Trading is a business and should be treated as such..Ever read the Parable Of the Talents

in the Bible? Please do.. Though this thread is about REVIEWS OF STRATEGIC TIPS,no one is

under any obligation to give live forex alerts as PREVIEWS. It is just to demonstrate the

effectiveness of the CHART PATTERN RECOGNITION AND PRICE PROJECTION STRATEGY.
Astonishingly, I bought John Crane's book some years ago and gained much from it..I didnt go

around thinking why he was promoting his business through his website or why should he be

offering his commodities services to traders..What I'm concerned with is''VALUE''..and the

results are clear to see..Dont be like that man in winter, next to his stove,telling it to

give him some heat...The stove said '''Wood''...The man insisted on getting heat first

before piling woods.Who's deceiving who? As you breathe in, you also breathe out..thats how

life is..

Warren Buffett, one of the smartest and most successful businessmen of our time, was

recently asked what he thought was the best investment anyone could make in these so called

difficult times.

His answer was fast and simple ...

"The most important investment you can make is in yourself."

That could very well be the best advice Mr. Buffett has ever offered. If ever there was a

time to take control of your future, it's now.

Like you said,maybe you are really missing something,tx..something spongy and mushy..If your

IQ gets below 50, SELL.. just kidding



<!--QuoteBegin-sagar.best;1082+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(sagar.best;1082)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->hey wow hw much time does it took to writ??
whatever i read some how n was good keep going......<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Hi sagar, thanks for your mail.. it actually takes around 2 hours to draw and write the

charts while trading is on..for me, the thrill and challenge of multitasking helps in my

trading environment which brings a fulfilling sense of being. Posting live trades in front of a global audience, where the mainstream perception tends to be ''a trader is as good as his last trade'', is all good..for true traders makes you feel and do good. We should all strive to seek balance in all things we do.

<img src="http://i72.servimg.com/u/f72/11/82/15/01/exhibi14.gif" border="0" class="linked-image" />


so for friday, we could see a mini 123 bottom formation on GBPUSD15 min chart..so a buy stop

@ 1.5090...1st target @ 1.5165..2nd target @ 15244..3rd target @ 15315..sl @ 1.5015

 

<!--QuoteBegin-forexgreenland;24538+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(forexgreenland;24538)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->so for friday, we could see a mini 123 bottom formation on GBPUSD15 min chart..so a buy stop

@ 1.5090...1st target @ 1.5165..2nd target @15244..3rd target @ 15315..sl @ 1.5015<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


<!--QuoteBegin-Reealjrd;24555+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(Reealjrd;24555)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Today being Friday and last day of trading for the week it can be a

mixed day for forex market. This i have been observing in the last few months that Friday

has been some times mixed and some times a black day for forex traders.<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Yes,though this time, our 75 pips on our 1st target would have offsetted any ''Black

Friday'' losses..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/pips10.gif" border="0" class="linked-image" />

Helloo folks, We thank God for bringing us into a brand new week...Most would call it the

Christmas Week so I'm wishing all a Merry Christmas and Prosperous New Year ahead.
As we approach Monday, we could see 3 crosses on the GBPUSD 15m chart, the first candle

upturned. That was a region of indecision that paused price advance to the upside.To be or

Not To Be?
MACD is giving us positive divergence to price, which is more or less, a green light.
We put a buy stop @ 1.4960..1st target @ 1.4999..2nd target @ 1.5049..3rd target @ 1.5125...

<img src="http://i72.servimg.com/u/f72/11/82/15/01/pips110.gif" border="0" class="linked-image" />

<!--QuoteBegin-fasi26;2953+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(fasi26;2953)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->hi Stallion,pls tell me wht is trailing stop basically n hw n when to use

it .and i noticed dat u mostly hav trade in Gbp/usd.... dnt u hav trades in eur/usd<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


Helloo fasi, you could check out the userguide on any mt4 platform..Here's an excerpt:

''Stop Loss is intended for reducing of losses where the symbol price moves in an

unprofitable direction. If the position becomes profitable, Stop Loss can be manually

shifted to a break-even level. To automate this process, Trailing Stop was created. This

tool is especially useful when price changes strongly in the same direction or when it is

impossible to watch the market continuously for some reason.

Trailing Stop is always attached to an open position and works in client terminal, not at

the server like Stop Loss, for example. To set the trailing stop, one has to execute the

open position context menu command of the same name in the "Terminal" window. Then one has

to select the desirable value of distance between the Stop Loss level and the current price

in the list opened. Only one trailing stop can be set for each open position.

After the above actions have been performed, at incoming of new quotes, the terminal checks

whether the open position is profitable. As soon as profit in points becomes equal to or

higher than the specified level, command to place the Stop Loss order will be given

automatically. The order level is set at the specified distance from the current price.

Further, if price changes in the more profitable direction, trailing stop will make the Stop

Loss level follow the price automatically, but if profitability of the position falls, the

order will not be modified anymore. Thus, the profit of the trade position is fixed

automatically. After each automatic Stop Loss order modification, a record will be made in

the terminal journal.''

Trailing stop is also used when your 1st target is hit and price is still going your way, up

or down..It enables you to take the maximum outreach in price movement before any major

retracement/correction. Depending on the daily range and volatility of the currency pair

that you are trading, a 15 to 35 pip trailing stop would be in order.
EURUSD has a 2 pip spread..GBPUSD has a 3 pip spread and GBPJPY has like 7 to 9 pip

spread...cable is like euro on steroids, which is more stable than pound-yen. That is where

we look for balance, the median..
Due to popular demand, a la fasi, we put a buy stop on EURUSD @ 13945..1st target @

14015...2nd target @ 14085...3rd target @ 14155...50 pip sl for both..

Yea, I know, most seasoned traders might say the general trend is down..why buy? well, in

trading, you can make money both by going with the trend, and going against the prevailing

trend..if you know what you are doing. Top football strikers learn score goals with both

feet, even under pressure...so only time will tell if it would measure..to find the buried

treasure..


<img src="http://i72.servimg.com/u/f72/11/82/15/01/pips210.gif" border="0" class="linked-image" />

 

<!--QuoteBegin-forexgreenland;24538+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(forexgreenland;24538)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->so for friday, we could see a mini 123 bottom formation on GBPUSD15 min chart..so a buy stop

@ 1.5090...1st target @ 1.5165..2nd target @15244..3rd target @ 15315..sl @ 1.5015<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


<!--QuoteBegin-Reealjrd;24555+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(Reealjrd;24555)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Today being Friday and last day of trading for the week it can be a

mixed day for forex market. This i have been observing in the last few months that Friday

has been some times mixed and some times a black day for forex traders.<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Yes,though this time, our 75 pips on our 1st target would have offsetted any ''Black

Friday'' losses..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/pips10.gif" border="0" class="linked-image" />

Helloo folks, We thank God for bringing us into a brand new week...Most would call it the

Christmas Week so I'm wishing all a Merry Christmas and Prosperous New Year ahead.
As we approach Monday, we could see 3 crosses on the GBPUSD 15m chart, the first candle

upturned. That was a region of indecision that paused price advance to the upside.To be or

Not To Be?
MACD is giving us positive divergence to price, which is more or less, a green light.
We put a buy stop @ 1.4960..1st target @ 1.4999..2nd target @ 1.5049..3rd target @ 1.5125...

<img src="http://i72.servimg.com/u/f72/11/82/15/01/pips110.gif" border="0" class="linked-image" />

<!--QuoteBegin-fasi26;2953+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(fasi26;2953)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->hi Stallion,pls tell me wht is trailing stop basically n hw n when to use

it .and i noticed dat u mostly hav trade in Gbp/usd.... dnt u hav trades in eur/usd<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


Helloo fasi, you could check out the userguide on any mt4 platform..Here's an excerpt:

''Stop Loss is intended for reducing of losses where the symbol price moves in an

unprofitable direction. If the position becomes profitable, Stop Loss can be manually

shifted to a break-even level. To automate this process, Trailing Stop was created. This

tool is especially useful when price changes strongly in the same direction or when it is

impossible to watch the market continuously for some reason.

Trailing Stop is always attached to an open position and works in client terminal, not at

the server like Stop Loss, for example. To set the trailing stop, one has to execute the

open position context menu command of the same name in the "Terminal" window. Then one has

to select the desirable value of distance between the Stop Loss level and the current price

in the list opened. Only one trailing stop can be set for each open position.

After the above actions have been performed, at incoming of new quotes, the terminal checks

whether the open position is profitable. As soon as profit in points becomes equal to or

higher than the specified level, command to place the Stop Loss order will be given

automatically. The order level is set at the specified distance from the current price.

Further, if price changes in the more profitable direction, trailing stop will make the Stop

Loss level follow the price automatically, but if profitability of the position falls, the

order will not be modified anymore. Thus, the profit of the trade position is fixed

automatically. After each automatic Stop Loss order modification, a record will be made in

the terminal journal.''

Trailing stop is also used when your 1st target is hit and price is still going your way, up

or down..It enables you to take the maximum outreach in price movement before any major

retracement/correction. Depending on the daily range and volatility of the currency pair

that you are trading, a 15 to 35 pip trailing stop would be in order.
EURUSD has a 2 pip spread..GBPUSD has a 3 pip spread and GBPJPY has like 7 to 9 pip

spread...cable is like euro on steroids, which is more stable than pound-yen. That is where

we look for balance, the median..
Due to popular demand, a la fasi, we put a buy stop on EURUSD @ 13945..1st target @

14015...2nd target @ 14085...3rd target @ 14155...50 pip sl for both..

Yea, I know, most seasoned traders might say the general trend is down..why buy? well, in

trading, you can make money both by going with the trend, and going against the prevailing

trend..if you know what you are doing. Top football strikers learn score goals with both

feet, even under pressure...so only time will tell if it would measure..to find the buried

treasure..


<img src="http://i72.servimg.com/u/f72/11/82/15/01/pips210.gif" border="0" class="linked-image" />

 

<!--QuoteBegin-fx-liono;224308+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(fx-liono;224308)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Good stuff, useful info!

I think what a newbie like me has to do is get together all the relevant fx indicators and

all systems that I can get my hands on. Study them in depth to filter out the very good

from the o.k ones, get some experience under my belt by using them then trade live after.

As of yet I dont know of or understand any systems and rely heavily on forums such as this

one to get hints and tips as to where we're heading, or other than that put my index finger

in my mouth , hold it high above my head and take a punt!!!

Cant be good<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


Lol,fxlion, at least thats a strategy...but seriously though, we shouldnt depend on just

chance or others to make money in trading...The beauty of the CHART PATTERN RECOGNITION AND

PRICE PROJECTION STRATEGY is that you dont need to cram your screens with all sorts of

indicators because entries and exits are taken DIRECTLY FROM THE CHARTS.

<img src="http://i72.servimg.com/u/f72/11/82/15/01/eurusd10.gif" border="0" class="linked-image" />


<!--QuoteBegin-jeffsmith;385343+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(jeffsmith;385343)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->I have seen most of the charts and read about the news for today. I

have come to the conclusion that the market for today can be down. But some we can see some

stability also. Am i right friend.<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Yes, you are right, mon ami...Price on the GBPUSD made a high of 14991, which was 8 pips

less than our 1st target of 14999..by placing your stop loss at entry point after +20 pips

ahead, you would have been stopped out at a profitable breakeven of 31 pips or less..Not too bad..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/buried10.gif" border="0" class="linked-image" />


Stallion, I am having a hard time following your past calls. Where exactly can I find them.

I have a time difference and I'm trying to make proper adjustements prior to trading. You

start calls around 1am my time. Please let me know where on the website I can find an

archive. Also, from reading your posts you suggest to take half profit at 20 pips, then move

other half to break even s/l, if 1st target hit then sell half and so on. Is this correct

and holds true for all your calls? Thank you for the help. I should be up and running on new

year, I see big market swings coming our way.


Thanks for your mail,pips...I thank God for the positive mental attitude displayed in your

comments about the New Year..If we can make profits during the most volatile 3 months in

trading (October to December), then there's good reason to expect better things to come in

the nearest future.
I assume London Session starts 1am your time, depending on where you are in the US. The

archives can be found here:

<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://forexgreenland.foruma.biz/forex-technical-analysis-strategies-forum-f3/review-of-strategic-tips-on-forex-signals-in-forex-forum-t381.htm" rel="nofollow" target="_blank">http://forexgreenland.foruma.biz/forex-tec...-forum-t381.htm</a><span class='inv'><![CDATA[</noindex>]]></span>

It would be better to take off half profits when +20 pips, rather than waiting for 1st

target to hit..Time and tide, along with price,waits for no man..
Robert Kiyosaki, of the Rich Dad Poor Dad series,talked about the stock market burst some

ears ago, along with its effects on baby boomers and their Social Security program. Even

though he gave out some suggestions on how to avoid that pitfall by personal development and

education, most people then castigated him as a fraud who just wants to sell his books and

seminars. From what is going on in the global economy and the US, it appears he has been

vindicated.

<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://abcnews.go.com/Business/PersonalFinance/story?id=6513517&page=1" rel="nofollow" target="_blank">http://abcnews.go.com/Business/PersonalFin...3517&page=1</a><span class='inv'><![CDATA[</noindex>]]></span>

Late last year, on one of the popular Nigerian forums, I predicted the Nigerian Stock

index(NSE) have reached its top and suggested readers should cover their positions and

unload their stocks. But as at then, the bulls were in control, stock newsletter and article

writers were fueling the bubble frenzy and screaming ''BUY''..
The young admin of the forum, maybe out of ignorance and emotional bias, reacted by banning

all forex traders off his site. But that didnt stop the stock market bubble to burst and

uneducated investors losing substantial amount on their equity. Those that took the time,

money and energy to understand and educate themselves on market behaviour saved themselves

from the bearish drop and even made profits from the decline.
In essence, as investors,we should strive to invest in ourselves.No one knows it all. Most people made money in the Great Depression of the 1930's..We can too..


Hi Stal,

First of all thanks for pointing me to forexpeacearmy as it is a very good source of forex

information. I have been going through the broker reviews and feel like it has stopped me

from taking a wrong decision. I have managed to shortlist a few which I beleive are honest

as per the reviews.

Your comments or experiences on any of these would be very helpful, especially if u could

point one or two which I can go live with.
1.MB trading
2.Ikon-Royal
3.Tradeviewforex
4.Alpari Uk

Any help and insight would be highly appreciated..

Thanks,

Helloo there...
Well, it would be unseemly if I publicly endorse any of the brokers due to conflict of

interests.So am throwing it out in the open...Anyone that has comments or experiences with

any of these is free to post it here. Thanks once again.


so for wednesday, we put a buy stop pn GBPUSD @ 1.4740...1st target @ 1.4765..sl @ 1.4715...

also a sell stop @ 1.4700..1st target @ 1.4671...2nd target @ 1.4665..50 pips sl

 

<!--QuoteBegin-mystikal;12013+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(mystikal;12013)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->so for wednesday, we put a buy stop pn GBPUSD @ 1.4735...1st target @ 1.4765..sl @ 1.4715...

also a sell stop @ 1.4700..1st target @ 1.4671...2nd target @ 1.4665..50 pips sl<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


<img src="http://i72.servimg.com/u/f72/11/82/15/01/christ10.gif" border="0" class="linked-image" />

Season's Greetings to everyone,
If you check out our chart above, you could see price moving dynamically from left to

right..we first followed it with our buy stop that yielded 30 pips, and the sell stop that

yielded 35 pips..
The present buy stop @ 14705, 1st target @ 14730, 2nd target @ 14745, sl @ 40 pips away, is

anticipated to yield 40 pips or so..more like chess.

For readers of this thread, I want to say a big thank you for everything...

To show my gratitude, I am giving out 2 e-Books titled

1 The Art Of Creativity
2 Fibonacci Trading - How To Master The Time and Price Advantage

Merry Christmas and a Prosperous New Year, my friends..and may the New Year 2009 bring hope,

joy,health,love,and success to all.

 

<!--QuoteBegin-king_diamond;3114867+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(king_diamond;3114867)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin--><b>ala tuan, tau ler last2 mesti ada nak jual ebook ngan online

tutor nanti ni.....tul tak masta forestgreen )


p.s if u dint understang....google it, welcome to CG(suppose to be) 100% Malaysia )

</b><!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Boonga boonga,what? reminds me of Indiana Jones and Temple of Doom...hey king of diamonds,

thanks for your hospitality..really appreciate it..howz kuala lumpur? The Russians said I

should google their language, the Japanese, the Indians,the Italians,Germans,even the

Peruvians tried to do me in but no online translation yet..like a frigging UN linguistic

convention met..would be grateful if you could teach me a lil Malay, for the ones I know is
virtually nonexistent..lol..going down to Singapore next year for some traders' conference

but dont know whether the language barrier can get me past the airport...thanks once again,

king of diamonds


<!--QuoteBegin-mystikal;12013+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(mystikal;12013)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->The present buy stop @ 14705, 1st target @ 14730, 2nd target @ 14745, sl @ 40 pips away, is

anticipated to yield 40 pips or so..more like chess.<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Helloo there,folks,
Price made a BULLISH GAP on the start of the Asian session, and before we knew it, more than

40 pips was emancipated from our buy entry of 14705..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/trible10.gif" border="0" class="linked-image" />

Even the 60% BUy WINDOW was negated as price on the GBPUSD dropped more than 200 pips

afterwards from the TRIANGLE PATTERN shown above.

Well, what can I say?

<!--QuoteBegin-fx-liono;225431+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(fx-liono;225431)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Hi guys

I think its just too riskiy trading full stop at the moment, spreads are wide, trend is non

existent, and volume is extremely low.

I think its best staying out until at least a week into new year when everyones back from

holidaying and markets have settled down some what!

But thats just what I am thinking!<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Well, fxlion, maybe a lil positive mental attitude thinking might be in order?

 

<!--QuoteBegin-moneyadd;87741+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(moneyadd;87741)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Hello guys,

I wanna say great job my strategy is very much like yours

But actually i don't watch the trades i just put the safe buy/sell STOP orders and targeting

10 pips .

I put my buy stop for up-trend when i get the confirmation of the 1,2,3 pattern at fibo

level 0.0 and only take 10 pips profit

the opposite for the sell but it's the same and i always lay those pips no loss


But after reading all your posts i might consider sitting in front of the screen and make

bigger profits .

My profits are big because i increase the lot size when my analysis gives higher probability

and i lay $200+ a day using it .


best of luck and again great job

but why aren't you drawing your fibo levels on the charts or you don't want it to look complicated ? :blink:<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Helloo moneyadd, thanks for reading all my posts...trying to make the time to read them myself..lol..fibonacci are great support and resistance levels that can be used in trading to ascertain price movement..but even with the knowledge of 'fibo'' levels, many traders still make losses..prefer the 60% windows which are more simpler and accurate in my personal opinion..remember KISS? Keep it simple,Smarty..so its about applying the right tools for the right markets...not all size fits all in trading..

If you check out our chart below,we used the TRIANGLE PATTERN, more specifically, the SYMMETRICAL TRIANGLE PATTERN. but why is it called a triangle? Because it looks like one..Triangles usually form part way through a strongly trending move and represents a congestive phase in the marketplace. These patterns are important because they are typically followed by sharp increases or declines in price. An established triangle pattern is a valuable signal prior to a relatively predictable price change.

<img src="http://i72.servimg.com/u/f72/11/82/15/01/some_m11.gif" border="0" class="linked-image" />

Yesterday, we made more than 200 pips from our symmetrical triangle which was part of our live practical trading.

1.4770-1.4576=0.0194
1.4651-0.0194=1.4457(target point)

Symmetrical triangles,which are lines connecting peaks and troughs tend to converge at the apex which is at the centre of the pattern.When price breaks outside of the pattern, there is a high probability that the price will trend in the direction of the breakout.Once price hit our target for more than 200 pips, it now retraced upwards,. Our buy stop @ 14507 caught the bullish correction for 75 pips..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/some_m12.gif" border="0" class="linked-image" />

Price then retraced downward again to our previous short target of 14457, hitting it twice..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/some_m13.gif" border="0" class="linked-image" />

Before we knew it, price knocked 3 times and slipped downwards where our sell stop was on hand to take the move...''come to papa''..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/some_m15.gif" border="0" class="linked-image" />

So moneyadd, hope you now understand...actually, my clients dont really want to know the process or method in which trading takes place...all they are concerned with is whether we make money at the end of the month,recession or not..thats the primary objective..making money.

<!--QuoteBegin-jeffsmith;385444+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(jeffsmith;385444)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Can any one here tell why do clients trading this market online face

problems. I have been trading online with AVAFX and facing problems like not receiving proper mails from them on time, downloading problem, customer support is not responding etc.

I have also heard from other persons trading this market online facing the same problems.

After threatening the customer support people they are now responding on time.

But still i have not come to know why online clients face such problems.<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


sorry about that, jeff...try and look for a better and more honest broker...Even if you got the best strategy in the world, the choice of brokers is pertinent for the realization of your trading goals.


[11:53:40 30/12/08] Stalion : no need to be confused....we put a buy stop on gbpusd @

14550...1st target @ 14575..2nd target @ 14615..3rd target @ 14655

[11:53:44 30/12/08] Stalion : sl 50 pip away

 

<!--QuoteBegin-needinfo;226277+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(needinfo;226277)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Dear All,

Just a novice question. I keep hearing/reading the word 'intervene' by apex banks to control their currencies. When BoJ says it would intervene to maintain a strong USD, will there be any impact on EURUSD pair to maintain the correlation?<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->

Helloo needinfo,central bank intervention is the buying and selling of currency, foreign or domestic, by central banks in order to influence market conditions or exchange rate movement for fiscal or monetary policy purposes.

Why should the Bank of Japan intervene for a strong dollar? Because it is to their best interests. Japan, as we all know, is an export driven economy and if the Japanese yen is stronger than the dollar, it hurt their exports and consequently their economy. Why import 15000 dollar cars from Japan when you can get it cheaper right there in America? Why import expensive electronics, computers,due to a strong yen, when you can get it cheaper from America itself, or even China or India?

But wait..Japan is also a savings oriented economy, in which, majority of the US international papers or debt are held by it...So the Japanese are not thrilled to watch the value of their investments in the US bond,Treasuries and Capital markets go down the drain as the US dollar weakens..

The USDJPY monthly chart below shows the decline of the currency pair..

<img src="http://i72.servimg.com/u/f72/11/82/15/01/dollar10.gif" border="0" class="linked-image" />

Compared to EURUSD(eurodollar), which is on an uptrend,a strong dollar would have a weakening impact on the euro, popularly known in international financial circles, as the ''antidollar''.. Even Trichet, the President of the EU Central Bank(ECB) might likely welcome the gesture of the Japanese with open arms, because a strong dollar would weaken the euro and save them the unsavoury task of slashing interest rates in the nearest future..You could do more research if it affects your personal finance or business objectives, need

info..Did I hear someone say ''Don ichiban''?

<img src="http://i72.servimg.com/u/f72/11/82/15/01/eurdol10.gif" border="0" class="linked-image" />

<!--QuoteBegin-mystikal;12103+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(mystikal;12103)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->[11:53:40 30/12/08] Stalion : no need to be confused....we put a buy stop on gbpusd @

14550...1st target @ 14575..2nd target @ 14615..3rd target @ 14655

[11:53:44 30/12/08] Stalion : sl 50 pip away<!--QuoteEnd--></i></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-right-bg.gif')"></td> </tr> <tr> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-bg.gif')"></td> <td class="vbquote" width="10" valign="bottom"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-bot-right.gif" alt="" /></td> </tr> </table> </td> </tr> </table><!--QuoteEEnd-->


Let me whisk you away to the forex charts on the DISSECTION OF A TRADE GONE WRONG. Remember the loss was also important though the LESSONS LEARNT from the loss are MORE IMPORTANT.
Now we are going into the reasons why we took a buy stop at that point..
A 123 bottom formation was observed prior to the alert given out, along with an inverted head and shoulder pattern forming at the bottom...Both are reversal pattern telling us that price is about to reverse from its downtrend to an uptrend.

MACD also made a positive convergence to price which was a buy signal..For the our fib fans out there, a la moneyadd, price made a turnaround on the 30% window, instead of the 60% sell window..which is not that unusual given the strong trend downward in price..

So it was more of a matter of TIMING, rather than STRATEGY. We might be right in taking a trade based on what our strategy is telling us, but if the timing is off bat,we take the loss...In this instance, we lost 50 pips yesterday..the market is always right..quite an humbling experience, isnt it?

<img src="http://i72.servimg.com/u/f72/11/82/15/01/tanks10.gif" border="0" class="linked-image" />

So for today, wednesday, price finally came around and rocketed past our 3 targets like a valkyrie..technical analysiswise, our strategy was sound but the timing was off...price then compensated us with more than 105 pips..$105 minilot,$1050 standard lot on GBPUSD.

<img src="http://i72.servimg.com/u/f72/11/82/15/01/thanks10.gif" border="0" class="linked-image" />


HAPPY NEW YEAR FOLKS and we give thanks to God for seeing us through a bumpy 2008..WELCOME

2009.

 

<!--QuoteBegin-jehunter;12192+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(jehunter;12192)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Thank You. I am definately interested in investing in myself

positively and creatively for the new year. I would like nothing better than to get off to

a good start for the new year. See my pm mail address below to send me the 1 The Art Of

Creativity & 2 Fibonacci Trading - How To Master The Time and Price Advantage.

PM email address

<a href="mailto:jehunter@cox.net">jehunter@cox.net</a>

Thank you again.[/quote]

cool....please check your email box in some few hours,jehunter..And a tip..maybe you could consider WRITING your goals out for the year 2009..10 to 15 goals are okay..might be daily, weekly or monthly..just write it out and go through them regularly so as to keep focused,okay..Brian Tracy taught that strategy.

<img src="http://i42.servimg.com/u/f42/11/82/15/01/tadada10.gif" border="0" class="linked-image" />

<!--QuoteBegin-king_diamond;3174325+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(king_diamond;3174325)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin--><b>apa menatang dia ni merepek ni.....</b>[/quote]


shuo.. if i yarn wafi for you,you go ja..abi no be to gazu the kuza naim be the koko..google

am whether you go understand wetin me yarn

<!--QuoteBegin-Strategist;1565+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(Strategist;1565)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->What the name of this system? Is it really good like I see on this

graph?[/quote]

Yes it is,Strategist...The name is the CHART PATTERN RECOGNITION AND PRICE PROJECTION STRATEGY. I dont mean to brag, but its one of the best techniques any dedicated trader could use to be profitable in the markets..I get invited to speak on international traders conferences on this strategy..at least,thats shows how good it is. Though it is not 100% perfect neither is it the ''Holy Grail'',you can be rest assured that your trading performance would get the required EDGE to beat the markets,especially in the long term.

<!--quoteo--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--quotec--><i>Quote from TradeViper:</i>

<b>forexgreen, very smart to show only 71% positive trade rate, not an outrageous number

like 90%, but not too low. Now if the statement was audited and certified by an

internationally known firm, I think it might just matter. By the way, where are Mandel and

Reaver????
</b>[/quote]

<img src="http://i42.servimg.com/u/f42/11/82/15/01/tadada11.gif" border="0" class="linked-image" />

Tradeviper,your venom is simply out of this world, you know..seems you really took the time to go through my performance report over the last 3 months of turbulent trading. Actually, I didnt even know it was up to 71%, so you must be a good statistician. You can manipulate the figures but you cant manipulate the graph of the detailed report.Check the graph below the figures again and see if they match.Even if alien extra terrestians fly down with their UFO to audit the report, there would still be doubting Thomases..so I'm not bothered.
Look at Madoff..Are you trying to tell me that 'internationally known firms' didnt audited his reports over a decade before +$50 billion was ripped off? some say Steven Spielberg, who
was one of the 'casualities', might get sued by Madoff for the rights of the pending
Hollywood blockbuster film chronicling the scandal.
I believe in honesty and ethics in my chosen path..Trading is a vocation where many are
called but few are chosen.I've paid my dues and am still paying my dues in this
industry,tradeviper..easy on the hiss,plzzz
By the way, Who are Mandel and Reaver? Sounds like Beavith n Butthead?


[09:30:38 05/01/09] Stalion : helloo fellas

[09:31:09 05/01/09] Stalion : no news worthy item for Monday so we stick to our friday's

short call

[09:34:59 05/01/09] Learning_pips : hi stal

[09:38:18 05/01/09] Learning_pips : its quite funny though in carolyn's book there is a

mention of a gartley pattern which is a complete opp of the 1-2-3 pattern

[09:40:45 05/01/09] Stalion : hmmmm....havent had time to read it myself

[09:42:19 05/01/09] Learning_pips : its chapter 8, two step pattern..she identifies the

1-2-3 pattern/gartley pattern as a continuation pattern..quite interesting..

[09:42:46 05/01/09] blue : hi

[09:42:55 05/01/09] Stalion : gartley pattern on fibonnacci?

[09:43:05 05/01/09] Learning_pips : just goes to show how many ways patterns can be

interpreted by different people

[09:43:16 05/01/09] Stalion : helloo there blue

[09:43:46 05/01/09] Learning_pips : basically fibs have to applied on the pattern to

identify a cluster

[09:45:03 05/01/09] Learning_pips : "The two-step trade setup is a zigzag pattern that

corrects a prior trend"

[09:45:09 05/01/09] Stalion : range/consolidation pattern? can u identify it on a chart?

[09:45:44 05/01/09] blue : Stalion im new here

[09:46:04 05/01/09] Learning_pips : basically the pattern is exactly the same as a 1-2-3

pattern but she says that its a continuation pattern

[09:46:10 05/01/09] Stalion : cool....howz trading, blue?

[09:46:26 05/01/09] blue : Stalion not so gud

[09:47:18 05/01/09] Stalion : meaning d downtrend would continue? can you give us an example

on a live chart?

[09:47:24 05/01/09] Learning_pips : so according to her once we have points 1 and 2, we can

apply fibs to identify a cluster where 3 would be and the price after it reaches 3 would

continue its decline if we take 1-2-3 as a bottom

[09:47:55 05/01/09] Stalion : how do you mean, blue?

[09:48:35 05/01/09] blue : Stalion im bearing a lot of loss for past few months

[09:48:36 05/01/09] Learning_pips : well there are numerous examples n the book, i am trying

to establish it in the live charts..will keep u posted..any insights on today

[09:50:41 05/01/09] blue : Stalionim so tense now a days

[09:50:49 05/01/09] Stalion : whatabout strategy?

[09:51:48 05/01/09] blue : Stalion actually i was just trading by my own mind and short

trade with the stop but mostly i faced my stop hit

[09:52:48 05/01/09] Stalion : as in, what is ur strategy in which you've been using all

those while?

[09:53:21 05/01/09] blue : Stalion actually i just watch chart with 1 hourly candle and its

spread

[09:59:07 05/01/09] Stalion : hey, dats not a strategy ,blue...just a hourly candle and

spread? did you take any training before going live?

[09:59:07 05/01/09] Maurizio77 : morning all - happy new year

[09:59:13 05/01/09] blue : hi im from pak

[10:00:13 05/01/09] blue : Stalion unfortunately im not trained and thts why im so tense

[10:11:47 05/01/09] realjimmy : such a good day!!! you guys win??

[10:13:13 05/01/09] Learning_pips : no jimmy..missed it

[10:17:03 05/01/09] Stalion : blue, in trading, you have to be trained for you are going

against professionals that have been in the game for years and know what they are

doing...its like a novice trying to play in the Champions League..no chance of winning if

you are not aware of the rules of d game

[10:29:49 05/01/09] Stalion : also using different free signals from different sources on ur

live account is only asking to get blown out on margin call...no accountability or

committment from both sides..

[10:34:59 05/01/09] Maurizio77 : reckon we'll be seeing a breakout on eur/jpy soon

[10:40:46 05/01/09] Stalion : for euroyen, we put a sell stop @ 127.49...1st target @

127.25..2nd target @ 127.08...50 pip sl

[10:45:37 05/01/09] effendy40 : hi stalion

[10:49:50 05/01/09] blue : Stalion wht wil be its buying stop

[10:51:22 05/01/09] Stalion : well, for now, no buying stop since we are looking for eurjpy

to go down in the short term...dats why the sell stop

[10:54:14 05/01/09] Learning_pips : stal the eurjpy entry is 1-2-3 if i am not worng?

[10:57:27 05/01/09] Stalion : 1st target hit on eurjpy..take half profits and move stop loss

to entry

[10:58:52 05/01/09] Stalion : the 123 pattern has already been fulfilled with the high at

128.49...

[10:59:23 05/01/09] Stalion : remember different techniques as price moves

dynamically,pips..

[10:59:45 05/01/09] Stalion : 2nd target hit on eurjpy!

<img src="http://i42.servimg.com/u/f42/11/82/15/01/tadada12.gif" border="0" class="linked-image" />

[11:00:19 05/01/09] Stalion : 41 pips made in less than 1 hour on a monday morning

[11:00:27 05/01/09] Learning_pips : right..sorry realised that later

[11:02:16 05/01/09] Learning_pips : i just checked, our entry point was at 60% sell window

of the previous swing..nice!

[11:04:55 05/01/09] Stalion : cool...great start to the week...and for the New Year..

[11:11:42 05/01/09] Stalion : dats all for today...tommorrow is another day...41 pips,$41

minilot,$410 standard lot on eurjpy...

Helloo fellow traders, for today Teusday 6th of January,1.15 am, we put a sell stop on GBPUSD @ 1.4635..1st target @ 1.4605..2nd target @ 1.4575..3rd target @ 1.4545...50 pips stop loss..take half profits when +20 pips ahead then shift stop loss to entry point.

 

<!--QuoteBegin-jeffsmith;617388+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(jeffsmith;617388)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Seeing the charts market looks to be mixed once again.[/quote]

Yea...so whats your take on it,jeff?


<!--quoteo--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--quotec--><i>Quote from Reaver:</i>

<b>Greenland-

If bull**** was a bra, you'd be top heavy. S******* piece of s***. </b>[/quote]

Nice of you to drop in,Reefer..I mean,Beaver..didnt know tradeviper was calling his

bullyboys over to this thread..maybe you could do us a good turn by trying to write just one

verse without a curse..your comment makes an xrated movie sound like a sunday school picnic

Avishek Roy (Harry Ainlay Senior High) wrote:
hi im a new trader, and i read ur stuff...great job! i was wondering if i could get in on

this chat that you guys do...and what time do u trade? i was told the london open was a good

time to start

Thanks for your mail,Avishek..nice to hear you guys are enjoying my thread on

Facebook..London Session is usually the time we trade daily..The chat is subscription based

where active and serious traders earn and learn at the same time..

<img src="http://i62.servimg.com/u/f62/11/82/15/01/reaver10.gif" border="0" class="linked-image" />

how do i get ur chart pattern
<!--QuoteBegin-kento;12268+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(kento;12268)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->I saw ur posts so i am interested in the chart how do i get it. Secondly

i am new to forex but God in his infinite mercy directed me here and i know this may be the

miracle i need.[/quote]

Hi Kento,we give All glory to God Almighty for everything as we are just His instruments.
But I'm not sure I understand what you meant by getting 'chart pattern', since these charts

posted are based on daily trades during market sessions. If you meant how you can get the

system, it is not a mechanical system where you send to an email box or something..It is

more of a simple discretionary system that is thoroughly explained from mentor to

student(s)..Seasoned traders, the liberal ones at that, might just go through charts and

'get it'..but the risk is that the edge tend to get faded out in time, if too much details

are written out on public forums.So there must be a balance..
You also have to understand that the miracle you need is inside of YOU..You have to be AWARE

that the FORCE is in you..not outside of you..My mission is not just about forex training,

forex signals and forex managed account services..but it is more of helping others discover

and being AWARE of our inherent possibilities. I'm aware of myself here and trying to let

others know that they can still do better than me if they have the proper mindset and

dedication to getting to the next level in trading or whatever they set their minds to. Rome

wasnt built in a day..


<!--quoteo--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--quotec--><i>Quote from oraclewizard77:</i>

<b>forexgreenland,

Do you actually watch the trade all the time until you are out?

Do you put in hard stops and targets? I would think if the broker sees the stop especially

on large account size, they will just spike the market down to take out your stop.

</b>[/quote]

Hi oraclewizard, it is nice to see that Elite trader have at least one positive comment on

this thread..from your question, it seems you are averse to watching trades until you are

out..It all depends on your style of trading and the times we are in..For intraday and

momentum trading, it pays to watch your trades due to incoming high impact news that might

affect market dynamics..
You can still put in your stops and targets, go play golf, and be back to see your equity

increase by some good percentage.But you have to get to a particular SKILL LEVEL in order to

achieve that.Markets tend to be on a range/accumulation phase 80% of the time, while

breakouts are usually seen 20% of the time. This type of market tends to keep newbies out

because they come looking for short term quick buck. By the time the rookie traders come to

the market, the move has probably expired.This type of market is for the PATIENT trader that

knows what is going on and can wait out long periods of boredom like a panther measuring its

prey.
Do you think top traders like Dan Zanger, Paul Rotter,etc, get bothered about the time it

takes to haul in substantial profits from the markets? It all comes at a price, in which,

80% of traders are not ready and willing to pay, and thats a major reason they fail.''aww,

cant wake up in the early morning for good trades'',..''need set and forget system while am

in tahiti sipping margaritas and pina coladas'',my blood pressure's too high to be running

around like a chicken without a head'', ''..etc..
Swing trading and position trading is more better for those traders that cant find the

patience to watch their trades for profitable returns.

<img src="http://i62.servimg.com/u/f62/11/82/15/01/reaver11.gif" border="0" class="linked-image" />

Depending on your account size, stops are normally fixed at major support and resistance

areas..some traders use the Average True Range(ATR) to determine their stops, which is also

part of good risk management.
There are honest brokers and there are dishonest brokers..the dishonest bucketshops are the

ones giving the trading industry a bad name in which they aggressively advertise to the

public..Its not limited to forex alone though...we got bad eggs in the stock markets too,

where Nightmare On Wall Street is having its sequel..online..real estate..toxic bonds in the

Phantom of Solace,..even the few bad eggs in Nigeria,419, tend to spoil the good names of

majority of the hardworking populace who are trying to make a honest living..

<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://finance.yahoo.com/news/Job-losses-stack-up-as-apf-14011483.html" rel="nofollow" target="_blank">http://finance.y

ahoo.com/news/Job-losses-stack-up-as-apf-14011483.html://http://finance.y

ahoo.com/news/Job...f-14011483.html</a><span class='inv'><![CDATA[</noindex>]]></span>

So its a worldwide phenomenon..until the bucketshops, Wall Street, fake HYIPs,fraudsters

come to realize that their negative actions tend to affect ALL humanity in one way or the

other, we would still be having all sorts of minor and major recessions..Their get quick

rich materialistic tendencies, at all costs, would also get back to them in the long run

since we are all one..

<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.thestreet.com/_yahoo/newsanalysis/banking/10456887.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA" rel="nofollow" target="_blank">http://www.thestreet.com/_yahoo/newsanalysis/banking/10456887.html?cm_ven=YAH

OO&cm_cat=FREE&cm_ite=NA://http://www.thestreet.com/_yahoo/new...E&cm_ite=NA</a><span class='inv'><![CDATA[</noindex>]]></span>

P.S..You might consider ECNs....they are likely to be more honest and rarely consider

spiking the markets to their 'best interests' since they make their money mainly from

spreads/commissions.

price didnt get the opportunity of hitting our original entry...so we put an adjusted sell

stop on gbpusd @ 15120...1st target @ 1.5095...2nd target @ 1.5055...3rd target @ 1.5015..50

pip sl..

 

Helloo Fellow Traders,
Hope you all had a wonderfull weekend...

For some time, I've been on meditative break in order to step back from the picture and look

ahead...What I saw wasnt certain...



<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.telegraph.co.uk/news/worldnews/northamerica/usa/barackobama/4953523/Barack-Obama-too" rel="nofollow" target="_blank">http://www.telegraph.co.uk/news/worldnews/...arack-Obama-too</a><span class='inv'><![CDATA[</noindex>]]></span> tired-to-give-proper-welcome-to-Gordon-Brown.html



<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.telegraph.co.uk/news/newstopics/politics/gordon-brown/4934294/Barack-Obama-and-Gordon-Brown-an-uncertain-rapport.html" rel="nofollow" target="_blank">http://www.telegraph.co.uk/news/newstopics...in-rapport.html</a><span class='inv'><![CDATA[</noindex>]]></span>



<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.telegraph.co.uk/news/newstopics/politics/4942005/Barack-Obama-thanks-Gordon-Brown-for-very-productive-visit-to-Washington.html" rel="nofollow" target="_blank">http://www.telegraph.co.uk/news/newstopics...Washington.html</a><span class='inv'><![CDATA[</noindex>]]></span>




<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.telegraph.co.uk/news/worldnews/northamerica/usa/barackobama/4885887/Will-Barack-Obama-end-Britains-special-relationship-with-America.html" rel="nofollow" target="_blank">http://www.telegraph.co.uk/news/worldnews/...th-America.html</a><span class='inv'><![CDATA[</noindex>]]></span>



<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://www.telegraph.co.uk/news/newstopics/politics/gordon-brown/4934808/Gordon-Brown-increasingly-isolated-over-refusal-to-apologise-for-recession.html" rel="nofollow" target="_blank">http://www.telegraph.co.uk/news/newstopics...-recession.html</a><span class='inv'><![CDATA[</noindex>]]></span>


How will these events affect the GBPUSD and its continous downward price movement? hOW DOES

THAT AFFECT THE GLOBAL RECESSIONARY ECONOMIES? Only time will tell...

We need to understand that going into political history would only dig us into deeper

hole..subtle fencing matches doesnt do humanity any good, especially most in the Balkans,

Isreal, Palestinians, China,Japan, Iran,Iraq,Germany, France,Russia,Sudan,

Somalia,Zimbabwe,and so on..Great statesmen put the interest of humanity in the

forefront...To whose gain if we blow up the world in this generation in spite of love and

peace?

When money, as an exchange of value, is allowed to be economic leakages via negative

destructive means, it brings about destructive results...but when it is harnessed for

constructive means and purposes, it brings constructive and positive results.

The global recession can be overcome by improving and improvisation via constructive

means..That might reduce the distortion and inversion of the human race...


For the benefit of readers that might not yet understand the way I trade, I invite you to

log into the 10,000 virtual equity account and see how and why trades are taken.. No more

than 2% risk is taken..

Acc No 100909

Password mn4picn (ALPARI US)...www.alpari-us.com

Please download the mt4 software from the site , then log in to view the forex trades..

So, first day of the week, Sunday , we are seeing a symmetrical triangle on the GBPUSD,

where price made a close at the 1.4003 region. so where shall the breakout be? uptrend or a

downtrend? To be or not to be..1st target on the uptrend @ 1.4035..2nd target @ 1.4070..on

the other hand, on a downtrend,with a sell entry at 1.3950..1st target @ 1.3885..2nd target

@ 1.3835..Both 50 pips stop loss.

Nice of you

to drop in,Reefer..I mean,Beaver..didnt know tradeviper was calling his

bullyboys over to this thread..maybe you could do us a good turn by trying to write just one

verse without a curse..your comment makes an xrated movie sound like a sunday school picnic

Avishek Roy (Harry Ainlay Senior High) wrote:

hi im a new trader, and i read ur stuff...great job! i was wondering if i could get in on

this chat that you guys do...and what time do u trade? i was told the london open was a good

time to start

Thanks for your mail,Avishek..nice to hear you guys are enjoying my thread on

Facebook..London Session is usually the time we trade daily..The chat is subscription based

where active and serious traders earn and learn at the same time..

<img src="http://i62.servimg.com/u/f62/11/82/15/01/reaver10.gif" border="0" class="linked-image" />

how do i get ur chart pattern


<!--QuoteBegin-kento;12268+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">Цитата:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(kento;12268)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->I saw ur posts so i am interested in the chart how do i get it. Secondly

i am new to forex but God in his infinite mercy directed me here and i know this may be the

miracle i need.[/quote]

Hi Kento,we give All glory to God Almighty for everything as we are just His instruments.

But I'm not sure I understand what you meant by getting 'chart pattern', since these charts

posted are based on daily trades during market sessions. If you meant how you can get the

system, it is not a mechanical system where you send to an email box or something..It is

more of a simple discretionary system that is thoroughly explained from mentor to

student(s)..Seasoned traders, the liberal ones at that, might just go through charts and

'get it'..but the risk is that the edge tend to get faded out in time, if too much details

are written out on public forums.So there must be a balance..

You also have to understand that the miracle you need is inside of YOU..You have to be AWARE

that the FORCE is in you..not outside of you..My mission is not just about forex training,

forex signals and forex managed account services..but it is more of helping others discover

and being AWARE of our inherent possibilities. I'm aware of myself here and trying to let

others know that they can still do better than me if they have the proper mindset and

dedication to getting to the next level in trading or whatever they set their minds to. Rome

wasnt built in a day..

Hi oraclewizard, it is nice to see that Elite trader have at least one positive

comment on this thread..from your question, it seems you are averse to watching trades until

you are out..It all depends on your style of trading and the times we are in..For intraday

and momentum trading, it pays to watch your trades due to incoming high impact news that

might affect market dynamics..

You can still put in your stops and targets, go play golf, and be back to see your equity

increase by some good percentage.But you have to get to a particular SKILL LEVEL in order to

achieve that.Markets tend to be on a range/accumulation phase 80% of the time, while

breakouts are usually seen 20% of the time. This type of market tends to keep newbies out

because they come looking for short term quick buck. By the time the rookie traders come to

the market, the move has probably expired.This type of market is for the PATIENT trader that

knows what is going on and can wait out long periods of boredom like a panther measuring its

prey.

Do you think top traders like George Soros, Paul Rotter,etc, get bothered about the time it

takes to haul in substantial profits from the markets? It all comes at a price, in which,

80% of traders are not ready and willing to pay, and thats a major reason they fail.''aww,

cant wake up in the early morning for good trades'',..''need set and forget system while am

in tahiti sipping margaritas and pina coladas'',my blood pressure's too high to be running

around like a chicken without a head'', ''..etc..

Swing trading and position trading is more better for those traders that cant find the

patience to watch their trades for profitable returns.

<img src="http://i62.servimg.com/u/f62/11/82/15/01/reaver11.gif" border="0" class="linked-image" />

Depending on your account size, stops are normally fixed at major support and resistance

areas..some traders use the Average True Range(ATR) to determine their stops, which is also

part of good risk management.

There are honest brokers and there are dishonest brokers..the dishonest bucketshops are the

ones giving the trading industry a bad name in which they aggressively advertise to the

public..Its not limited to forex alone though...we got bad eggs in the stock markets too,

where Nightmare On Wall Street is having its sequel..online..real estate..toxic bonds in the

Phantom of Solace,..even the few bad eggs in Nigeria,419, tend to spoil the good names of

majority of the hardworking populace who are trying to make a honest living.



<span class='inv'><![CDATA[<noindex>]]></span><a href="http://www.onix-trade.net/forum/go.php?http://finance.yahoo.com/news/Job-losses-stack-up-as-apf-14011483.html%5b/url" rel="nofollow" target="_blank">


So its a worldwide phenomenon..until the bucketshops, Wall Street, fake HYIPs,fraudsters

come to realize that their negative actions tend to affect ALL humanity in one way or the

other, we would still be having all sorts of minor and major recessions..Their get quick

rich materialistic tendencies, at all costs, would also get back to them in the long run

since we are all one.


]></span>

P.S..You might consider ECNs....they are likely to be more honest and rarely consider

spiking the markets to their 'best interests' since they make their money mainly from

spreads/commissions.

 

<!--quoteo--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--quotec-->Originally posted by Julieviola:
[QB] I really don't much about the psychology of stock trading but one that got me is the

"having" or the noobs quest for more money. As novice in this field I try to take a lot of

advice from many sectors and other forums similar to this one but my problem is information

overload.

It's so easy for a novice to get overloaded with information that instead of making a head

way in their quest to make more money, they simply sucks and cannot function as they should.

Don't get me wrong but the original thread is something for a novice like me to really put

into consideration.

Thanks for the tip [/QB][/quote]



Hi Julie...thanks for your mail...you are right when you mentioned the ''paralysis by

analysis'' factor that disable the functions of majority of the traders due to information

overload.In pursuit of the quest for profits, most of us tend to disregard the knowledge,

patience and determination required to come out on top in any field of endeavour,instead we

only focus on money..''how much can I make daily?''...I deserve a 100 pips dropping like

clockwork each and every day''... Stay with me here,viola, there's a madness to the method

and method to the madness..Its called the LAW OF DETACHMENT...thanks once again for your

comments, julieviola


Hey forexgreenland, we have missed you at NIGERIA BEST FORUM . NBF.
Since its been a while, we thought we would send you a personal invitation to return.



Hello, forexgreenland!
We've noticed that you've not been active on ForexForums.org for quite some time now, and we

miss you!

Could we not tempt you back?


Hmmm.....no need to do that,mon amis...am back....just being occupied by lots of projects

lately...so little or no time to post as much as before...



<!--QuoteBegin-dollarfinder;1671+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(dollarfinder;1671)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->It seems like one of the most common questions we get, especially

from those new to trading, is something along the lines of "Which is better? Technical

analysis or fundamental analysis?" There's no perfect answer to that question, just like

there is no perfect technical system, nor perfect fundamental criteria. In fact, the best

answer may simply be "It depends on what works for your style of trading".

So if you choose one strategy, then work for it.. But if you want to use the two, then

that's better.. Combination of these two methods could give you too much advantage.[/quote]



Nice observation, dollarfinder...I concur with your findings...There's no 100% perfect

system, whether technical analysis or fundamental news analysis..What matters most is proper

RISK MANAGEMENT in trading.. How long can your equity last if your system is on a losing

streak? How far can you go when the market goes schizophrenic over a period? 5 trades? 20

trades? 50 or a 100 trades before margin call...Hot situation makes a nice one, whatchu

gonna do...call 911?That is what majority of the professional traders focus on when

trading...Even in cooking, recipes of dishes are added proportionally, instead of putting

the ingredients all at the same time.. That proportional blending eventually brings about a

nice savoury dish....yumm yumm..Anyone hungry?




Frank Says:

Hello, thank you for this Posting. I am reading this Blog very often and i like to read this

blog. I hope you writing alot in this Blog. What you have to doo is to write more in this

Blog about everything.


<!--QuoteBegin-jehunter;12513+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(jehunter;12513)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Hi Mistikal,

You responded to my message on 01/06/09 regarding the two e-books listed below: I have not

received them as-of-yet. Please send them to me at your earliest convience, I am anxious to

learn how to trade in this new year. My PM address is...jehunter@cox.net

1 The Art Of Creativity
2 Fibonacci Trading - How To Master The Time and Price Advantage

Thank You and keep up the good work! You're the best.[/quote]



I know, I know, jehunter....better to be the hunter than to be the hunted,especially of

pips..lol...wud send it as soon as possible,okay...



<!--QuoteBegin-hayabusat;3828635+--> <table border="0" cellpadding="0" cellspacing="0" width="90%" align="center"> <tr> <td class="vbquote"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="75" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="50px"> <tr> <td class="vbquote" width="28" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quote-bg.gif'); background-position: center;" valign="middle"><span class="vbquote">QUOTE:</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right.gif" alt="" /></td> </tr> </table> </td> <td class="vbquote" align="left" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-lr-bg.gif')" valign="bottom"></td><td class="vbquote" width="0" align="left" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="200"> <tr> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-left.gif" alt="" /></td> <td class="vbquote" width="100%" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-bye-bg.gif')" align="left" valign="middle" nowrap="nowrap"><span class="vbquote">(hayabusat;3828635)</span></td> <td class="vbquote" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-by-right.gif" alt="" /></td> </tr> </table> </td><td class="vbquote" width="100%" align="right" valign="bottom"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="100%"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-top-bg.gif')" width="100%" valign="middle"></td> <td class="vbquote" align="left" valign="top"><img src="/forum/style_images/<#IMG_DIR#>/quotes/quot-top-right-10.gif" alt="" /></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-left.gif')"></td> <td class="vbquotemain" width="100%" valign="top"></td> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quoting-right.gif')"></td> </tr> <tr> <td class="vbquote" width="10" style="background-image: url('/forum/style_images/<#IMG_DIR#>/quotes/quot-left-bg.gif')"></td> <td class="vbquotemain" width="100%" valign="top"><i><!--QuoteEBegin-->Hi Stalion,

I saw some -ve and some +ve comments on your thread. I don't really care about those -ve

comments. It's not fair to judge boobs by its cover . Personally am impressed with the

strategy you are using and I would like to learn it from you. Can you please tell how I can

join you during trading. Thanks.[/quote]


Darn hayabusat,easy on the boobs fixation,okay...or you want to change the title of ''Sex in

the City'' to Sex in the Trading?not that healthy for clarity of mind..I must say.. Trading

mostly commences during the London Session where you have less range activity and more

stable volatility.

[10:02:58] Stalion : sell gbpusd @ 13920...1st target @ 13840...2nd target @ 13765...50 pip

sl.

<img src="http://i82.servimg.com/u/f82/11/82/15/01/theawa11.gif" border="0" class="linked-image" />