I don't trade news. I trade during news time because technicals rule the markets.

How people should really trade!

I use stops at previous hotspots but I will adjust it accordingly when the price action agrees/disagrees.

How people should really trade!

I simply dont have the time to manage all that. As you probably saw last night, I made the call for a long e/u on the trend line. It happened. I made it well early as well. After that I didn't log back into FF, because I was busy doing my end of ...

How people should really trade!

heres a hard one for you guys. The rally is an extended one. There is so much support, but there is trend exhaustion on the lower time frames. A move down to the trend line is 100% certain, however, will it be before or after the up move? God ...

How people should really trade!

Its good to see the thread progressing without me I am really busy this week (coming into holidays at work etc) so I will be out of it a bit. Am at home as we speak, and am about to go off to a meeting. Will get some more charts up soon.. Nice ...

How people should really trade!

I dont trade fundies, but the guys at work use reuters and bloomberg TV. All are pricey though i think. I used to have bloomberg when i lived overseas, it cost like 10$ a month for the TV.. It was more expensive for the pc version though.

How people should really trade!

If you are trading for money, it shows you are desperate. Desperation is bad psychology in trading. And its the wrong type of goal. %age goals indicate success much better than $ figures. Pip numbers... etc.. $ figures are just want pays for your ...

How people should really trade!

good to hear, I am a little bit on the tipsy side at the moment, so noooooooo trading lol. Apparently im going out tonight, so i probably wont be replying much. I'll see you guys next week

How people should really trade!

Dno if this worked as i am really bad with pictures. The res was set up prior to that number 1 on the spike up. The next time (1) the price action supported the resistance theory. The number 2 the market actually BROKE the resistance clearly. If you ...

How people should really trade!

You want to see every tick possible. The higher quality the data the better. Most GOOD traders I've met are self taught, most of the grads I've met are absolute morons, and I try to avoid them unless they are nice guys. They are in the job for the ...

How people should really trade!

The pattern finder wont be very effective if it doesnt read the price movement. Becaues you will see that there will become a pennant or gartley or whatever pattern, and then htey will break, however the gartley etc will not suggest a break on the ...

How people should really trade!

It seems markets have changed their mind about what they are going to follow now. After following the DOW for o so long now. They have turned to commodities. This is gonna be a rough holiday season for those game enough to trade, fortunately, I ...

How people should really trade!

I am well again thanks. Well still a lingering cough but you get that. Its good to see that someone else is as crazy as me .. More charting examples they will come, but its hard to trade + chart at the same time and give reasoning etc. Its hard to ...

How people should really trade!

Yes the upside break was good, I made a few pips on the long. not many though. I ended up crashing pretty early last night so didn't do many trades, must be the rainy weather.

How people should really trade!

Lol thanks for the tip, I only drink it once a week. Recommended by a DR.

How people should really trade!

My suggestion would be to make this week the last week for 08. As all the market makers go on leave until the 5th. Thin market, anything can happen. Not for the weak hearted.

Last day of Trading in Dec 08

No charts today guys, I just got a really bad stomach ache, I opened a few trades, my favourite one being a/u short at 0.6640, am about to close it now and go to the couch for some RnR. I'll see what I can come up with tomorrow providing the boss ...

How people should really trade!

It is strong on the 30 min chart I find. I just dont trade using it much. Unless market is sideways. It can be used as either support/res or centre of gravity.

How people should really trade!

Cancel that, the upside break occured just as I was typing LOL go figure. I will have to re-analyse when I get home unless there is some sort of pullback into the triangle.

How people should really trade!

Just a last post from work for the day I have been watching eur/usd after the posts above got my curious. I am expecting a reversal hopefully after i get home, and it should be quite strong. My reasoning, there is a long term triangle... See if ...

How people should really trade!