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  1. #31
    Join Date
    Aug 2008
    Posts
    79

    Default

    Thanks, bitrader....I guess you were talking about the EURUSD?

    [08:45:22 09/10/08] klho83 : hi stal and cap

    [09:18:32 09/10/08] fxjedi : stal,i made almost 100 pips yesterday from gu call,if not my

    trailing stop got stopped out,lol,

    [09:32:38 09/10/08] Stalion : bUY gbpusd @ 1.7328, 1st target @ 1.7377...2nd target @ 1.7435

    [09:42:05 09/10/08] argunes : Hi everyone

    [09:42:07 09/10/08] Stalion : stop loss @ 1.7250

    [09:42:27 09/10/08] Stalion : hi argunes

    [09:46:05 09/10/08] fxjedi : helloo

    [09:48:29 09/10/08] Stalion : for those dat didnt get the alert, just scroll up and you'll

    see it..

    [09:49:04 09/10/08] argunes : Stalion, I see a resistance GBP/USD at 1.7340, what do you

    think about it?
    [09:49:43 09/10/08] fxjedi : UK Rate Cuts Come At A Cost -Seymour Pierce: The impact of the

    synchronized interest rate cuts Wednesday should not be judged too quickly, says Amit Thakar

    at Seymour Pierce. "It will take time, irrespective of the asset markets' instant reaction.

    Whilst we do not anticipate another coordinated move, we believe the UK, US and the European

    monetary authorities will ease by another 50bps before the end of the year," he says. Adds

    however, there will be costs associated with such moves, particularly in the UK. "The UK

    public finances will move from a perilous state to almost unsustainable state at

    structurally 5% of GDP," says Thakar.

    [09:53:20 09/10/08] Stalion : a lot, argunes...

    [09:53:56 09/10/08] Stalion : b4 I say anything....what does wilmart and cap think about it?

    [09:54:08 09/10/08] Stalion : and jedi..

    [09:57:37 09/10/08] fxjedi : umm,maybe resistance can be broken above that 17340 level?

    [09:59:43 09/10/08] argunes : i see next resistance levels are 1.7400 and 1.7460 GBP/USD

    [10:00:05 09/10/08] Stalion : yes, jedi...there's a good possibility price might break dat

    resistance..

    [10:00:29 09/10/08] wilmart : Stal abt wat?

    [10:00:43 09/10/08] argunes : and it looks like 1.7430 is vulnerable GBP/USD

    [10:01:18 09/10/08] Stalion : if you check your 15min chart, argunes, you could also notice

    a 1-2-3 bottom, in which the 2 level has already been breached..and MACD positive divergence

    to price

    [10:02:09 09/10/08] argunes : Thanks Stalion. I see.

    [10:02:11 09/10/08] Stalion : also a trendline break to confirm bullish move....

    [10:02:44 09/10/08] Stalion : if there are no unexepected or high impact news, price would

    follow technical analysis...

    [10:04:12 09/10/08] fxjedi : yes, stal,its there all right

    [10:06:57 09/10/08] fxjedi : but dont you think the stop at 17250 is kind of high?

    [10:09:26 09/10/08] masif1 : just got picjed up the alert

    [10:09:40 09/10/08] masif1 : placed the order and its just triggered

    [10:10:43 09/10/08] Stalion : yes it is,jedi....from our entry point, dats like a 78 pip

    risk...

    [10:10:47 09/10/08] Stalion : hi masif

    [10:10:58 09/10/08] masif1 : hi stal

    [10:11:40 09/10/08] Stalion : going for a total of 107 pip reward

    [10:11:52 09/10/08] Stalion : up to our 2nd target

    [10:13:39 09/10/08] Stalion : the reason was dat we get stopped out more when we stick to a

    rigid 40 pip stop loss...but by taking cognizance of support and resistance levels, we can

    use dat as our exit points or stop loss levels...though with much wider risk

    [10:17:38 09/10/08] Stalion : did anyone see the 1-2-3 bottom?

    [10:18:53 09/10/08] caprica1 : back. Just had to take a shower

    [10:18:56 09/10/08] wilmart : yeah

    [10:19:09 09/10/08] argunes : I see it.

    [10:20:22 09/10/08] fxjedi : me too,stal,but isnt therr a posibility gu might go down

    instead of up?

    [10:21:32 09/10/08] caprica1 : you know I saw the 123. I couldn't find them at first, but

    all I can see now are 123's lol

    [10:24:05 09/10/08] masif1 : 123!!!!

    [10:24:07 09/10/08] masif1 : lol

    [10:24:26 09/10/08] Stalion : might go up or down, jedi...nothing is 100% in this

    business...we follow our trading plan

    [10:24:46 09/10/08] fxjedi : abc's!!

    [10:30:02 09/10/08] Stalion : we wud've gotten stopped out by dat spike down if we used a 40

    pip sl...since price went to a low of 1.7289...

    [10:30:14 09/10/08] albashir : peace be unto u all.....

    [10:31:26 09/10/08] Stalion : but by putting our sl below low or support of the previous

    grid/pychological number, we avoided being stopped out...so guys, wat wud you prefer?

    [10:32:14 09/10/08] Stalion : a 40 pip sl and getting stopped out more often but reaching ur

    targets...or a wider sl based on support and resistance, with wider risk...if stopped out..

    [10:32:21 09/10/08] Stalion : hi albashir..

    [10:32:33 09/10/08] wilmart : Cool all,its valid

    [10:32:34 09/10/08] caprica1 : I think the wider stop, based on the current market

    conditions

    [10:33:52 09/10/08] wilmart : Get prepared to make some pips

    [10:35:24 09/10/08] fxjedi : but whatabout equity,stal,what if stop loss is higher than 5%

    of trade,what to do?

    [10:35:30 09/10/08] Stalion : what do you think, argunes?

    [10:35:32 09/10/08] Stalion : To Be or Not To Be???

    [10:37:34 09/10/08] argunes : It's to be I think. Market volatility is high nowadays. For

    our best interest putting stop loss orders to support levels are a must.

    [10:38:13 09/10/08] caprica1 : you could always adjust your lot sizes FX to compensate

    [10:40:58 09/10/08] masif1 : wider stop stal

    [10:41:10 09/10/08] masif1 : this is something i've always raved on about

    [10:41:23 09/10/08] argunes : But as Stalion said if we don't want to be stopped too early

    putting 10-20 pips below support levels are wiser move.

    [10:42:02 09/10/08] masif1 : this is what i've done

    [10:42:11 09/10/08] masif1 : the first target is 40pips profit

    [10:42:23 09/10/08] Stalion : nice move, masif...

    [10:42:29 09/10/08] masif1 : so i've put an order for target as the second target

    [10:42:42 09/10/08] masif1 : and put a 40pips trailing s/l

    [10:43:28 09/10/08] fxjedi : but we have not yet gone onto first target!

    [10:43:40 09/10/08] masif1 : i know

    [10:44:00 09/10/08] masif1 : my sl is at 17250

    [10:50:17 09/10/08] Stalion : since EURUSD and GBPUSD tends to move together, most of the

    time, it would also be a nice idea to keep an eye out on euro dollar..its on a topping

    formation now...looking to go down...which is also influencing cable..

    [10:53:31 09/10/08] caprica1 : isn't that a hammer bar on the cable 15M chart?

    [10:53:47 09/10/08] Stalion : and dats one of the main reasons price is dilly dallying

    around our entry @ 1.7328...trying to decide whether to follow its own technical bias(long)

    or play tag with EURUSD(short)...To Be Or Not To Be....lol..

    [10:59:57 09/10/08] Stalion : 7 more pips to our 1st target of 1.7377...7 lucky

    number...lol..

    [11:01:04 09/10/08] caprica1 : should I be taking half profits now at +20?

    [11:01:57 09/10/08] argunes : Hourly cable RSI has passed 50 and it's a good bullish sign

    [11:02:04 09/10/08] Stalion : yes, please do....market volatility doesnt care whether you

    lock in profits or not...it just moves..

    [11:02:17 09/10/08] caprica1 : kool

    [11:02:46 09/10/08] caprica1 : keep stop where it is?

    [11:04:27 09/10/08] Stalion : take half or one third profits when +20 pips ahead..the move

    stop loss to entry..

    [11:05:12 09/10/08] Stalion : we shouldnt allow greed of the reward(target) to hinder us

    from proper risk mgt...

    [11:14:14 09/10/08] argunes : Guys I gotta go. Have a nice trading day.

    [11:22:40 09/10/08] caprica1 : stopped out on the adjusted stop loss, but closed half lot at

    +20

    [11:27:23 09/10/08] wilmart : Its more safe to exit now



    [11:31:55 09/10/08] Stalion : 1st target hit @ 1.7377

    [11:34:32 09/10/08] Stalion : where price made a high of 1.7378...then went back down...hope

    you now see the reasoning behind locking your profits when you get the chance..

    [11:35:34 09/10/08] Stalion : standby for reentry if you were stopped out at the prearranged

    profit of +20 pips..

    [11:39:36 09/10/08] fxjedi : i c

    [11:41:13 09/10/08] caprica1 : kool

    [11:42:49 09/10/08] caprica1 : at what price? The same as before?

    [11:52:18 09/10/08] Stalion : yea....cap...at the original buy order..

    [11:54:37 09/10/08] caprica1 : ok

    [12:33:56 09/10/08] klho83 : Set 1st target and back to my pc hour later. Found firrt target

    hit. But SL at 1.7250 just hit

    [12:39:38 09/10/08] Stalion : we could see a double 123 bottom whammy forming...the second

    one should breach our 1st target at 1.7377 again, for the double whammy to be confirmed..

    [12:39:48 09/10/08] caprica1 : just missed re-entry by a few pips. So put a buy limit in

    place

    [12:40:00 09/10/08] klho83 : After hit the fisrt target. Price went down to exactly 17250

    and took my SL

    [12:44:49 09/10/08] klho83 : 75% set at 1st target. 25% set at 2nd target. I didn't change

    the SL

    [12:46:39 09/10/08] caprica1 : my re-entry limit triggered, back in an waiting for another

    +20 to close half lot.

    [12:50:54 09/10/08] caprica1 : +20 half lot closed again

    [12:58:22 09/10/08] klho83 : congra! cap

    [13:02:18 09/10/08] klho83 : going in again?

    [13:03:08 09/10/08] caprica1 : ntopped out just yet

    [13:03:41 09/10/08] caprica1 : now it has! lol

    [13:05:26 09/10/08] klho83 : M in too!

    [13:24:23 09/10/08] klho83 : target 17400

    [13:44:49 09/10/08] klho83 : +20pips .all flat

    [13:54:14 09/10/08] masif1 : nice nice chicken and rice

    [13:54:29 09/10/08] masif1 : taken 20 pips again

  2. #32
    Join Date
    Aug 2008
    Posts
    79

    Default Black Friday?

    Originally posted by Jarod:
    [QB] For discharging toxic material all over the place.

    See his email?

    He is collecting admirers.

    I wonder if anyone has sent him hate mails.

    Did anyone?
    [qb]
    I'll come back tomorrow.


    Here is my strategy for eurusd :





    But only after the RESCUE PLAN is voted.

    And after I have reached my target. [/qb]
    You can wish that I'll fail to get

    my target.

    [/QB][/QUOTE]

    Hey Jarod, you forgot to add ''I wanna have his nuts for breakfast''..


    Quote Originally Posted by ManageMyForex View Post
    that was some good training...alittle long but good anyway.

    I see a slight move south again tonight before a big push up on GBPJPY before the end of the

    year. I plan on making about 50% profits on my account from the push upwards (that is if it

    happens...Im not loong yet).

    the GBPJPY has fallen but it can give a little more before its year end climb. trust me it

    will not close this low and watch the dow it will have a nice recovery in Dec.1 - Dec. 20th

    the GBPJPY will follow the DOW. and I will make good money!

    hope you all will too

    now if it doesnt thats fine since Im waiting for my indicator to say LONG but when it does

    bet the farm baby!

    Hi ManageMyForex, thanks for the insightful contribution on the POUND YEN(GBPJPY)movement in

    the weeks to come.Linking that currency pair with the Dow Jones seems like a carry

    trade,which might be a nice idea.

    Chartwise, we have already crossed the 60% BUY WINDOW to the downside, in which price might

    likely reach a low of 161.11 or lower at the nearest support or low (1st August 2000). MACD

    negative divergence to price foretold that beaish fall in price..Ohh, by the way, I'm

    looking at the monthly GBPJPY timeframe on the chart.
    Price has to close above the 189.35 buy window region before a bullish drive can be

    confirmed.

    251.09-148.19= 102.9
    0.6*102.9= 61.74
    251.09-61.74=189.35 (60% BUY WINDOW)



    Since we are taking this off the monthly chart, we can liken it to POSITION TRADING..where

    trading projections take weeks or months to fulfill..
    So mon ami, a buy in the near future might be in order, under normal market conditions, but

    dont really think ''betting the farm'' might be a prudent move.




    Quote Originally Posted by C
    Hello

    I happened upon your thread earlier. Are you using price support/resistance in combination

    with 1-2-3's, or using 1-2-3's to define targets? Where did you come up with a 40 pip SL?

    I ask because it reminds me very much of the factory's forum's price action thread. Are you

    involved/posting in there as well?

    Are these calls being made live via Skype? I looked at your site but am unable to view

    threads. Is this chat room a paid service, or is it free because you are making money from

    trading? More information would be welcome

    It is good to see you profitable, I would like to see you continue.

    Thank you

    Hi C,
    Thanks for your mail..You see, I apply the use of 1-2-3's, amongst other chart pattern

    strategies, to define targets..Defining targets is no less important than defining

    entries...and that where the 40 pip Stop Loss comes in..

    It came in due to the fact that the average distance of a grid table is close to 40 pips.

    But with recent market volatility, it is much more prudent to have wider stops that are more

    than 40 pips when trading..

    I'm sorry but am not aware of any factory's forum price action thread,C..so wouldnt say am

    involved in posting there.

    The chatroom is a subscription based service where traders earn and learn at the same

    time.. Though the best things in life are free, but people rarely value them..







    [08:13:05 10/10/08] alanlewis : morning wilmart.

    [08:14:49 10/10/08] wilmart : Hey alan

    [08:17:33 10/10/08] alanlewis : gbp/usd down low this morning!

    [08:19:06 10/10/08] wilmart : There is not a valid signal for G/U now

    [08:20:27 10/10/08] alanlewis : no, i think we might need to wait a while

    [08:45:44 10/10/08] Stalion : Hi all

    [08:46:23 10/10/08] wilmart : Good morning Stal

    [08:49:22 10/10/08] Stalion : hope you all had a lovely night rest...

    [08:50:20 10/10/08] fxjedi : i did,stal,made about 70 pips before gu started falling

    yesterday

    [08:51:20 10/10/08] Stalion : cool

    [08:57:49 10/10/08] fxjedi : NEW STOCK MARKET TERMS for 2008 and beyond. CEO --Chief

    Embezzlement Officer. CFO-- Corporate Fraud Officer. BULL MARKET -- A random market movement

    causing an investor to mistake himself for a financial genius. BEAR MARKET -- A 6 to 18

    month period when the kids get no allowance, the wife gets no jewelry, and the husband gets

    no sex. VALUE INVESTING -- The art of buying low and selling lower. P/E RATIO -- The

    percentage of investors wetting their pants as the market keeps crashing. BROKER -- What my

    broker has made me. STANDARD & POOR -- Your life in a nutshell. STOCK ANALYST -- Idiot who

    just downgraded your stock. STOCK SPLIT -- When your ex-wife and her lawyer split your

    assets equally between themselves. FINANCIAL PLANNER -- A guy whose phone has been

    disconnected. MARKET CORRECTION -- The day after you buy stocks. CASH FLOW-- The movement

    your money makes as it disappears down the toilet. YAHOO -- What you yell after selling it

    to some poor sucker for $240 per share.

    [08:58:16 10/10/08] fxjedi : WINDOWS -- What you jump out of when you're the sucker who

    bought Yahoo @ $240 per share. INSTITUTIONAL INVESTOR -- Past year investor who's now locked

    up in a nuthouse. PROFIT -- An archaic word no longer in use.

    [08:58:59 10/10/08] Stalion : lol...ur funny, man

    [09:13:30 10/10/08] masif1 : morning all

    [09:13:38 10/10/08] masif1 : any calls this morning?

    [09:13:44 10/10/08] masif1 : cable diving

    [09:23:43 10/10/08] masif1 : lol fxjedi

    [09:24:26 10/10/08] Stalion : helloo there masif

    [09:25:47 10/10/08] masif1 : hi stal

    [09:29:52 10/10/08] Stalion : any news on the gbp today?

    [09:36:11 10/10/08] fxjedi : none today,stal,euro dollar came out positive though

    [09:39:27 10/10/08] Stalion : okay then..

    [09:40:02 10/10/08] fxjedi : After several years I have been warning about the conundrum

    media-polticis-accountant creativity and greed - as also selling to the poor Joe's saving

    plan the toxic debt.... I can affirm with almost 99pct correctness that today the Black

    Friday has come... Yet the key Dow Jones support is some 20-30 pct lower imvho... might be

    seen also in one day in current markets crazyness...might be in months...but It has to

    normalize from excess greed and irrationality...

    [10:04:34 10/10/08] fxjedi : are we going long or short today?

    [10:05:46 10/10/08] Stalion : We put a buy stop on gbpusd @ 1.6960, 1st target @1.7008...2nd

    target @ 1.7065...

    [10:07:00 10/10/08] Stalion : stop loss @ 1.6830...take half or a third profits after +20

    pips ahead..

    [10:11:26 10/10/08] fxjedi : ok,Stal

    [10:15:59 10/10/08] fxjedi : looks like Black Friday

    [10:17:20 10/10/08] masif1 : black fri?

    [10:17:23 10/10/08] masif1 : thanks stal

    [10:24:56 10/10/08] klho83 : Thanks stal! hope this is good one.

    [10:43:34 10/10/08] Stalion : in the event price gets to the bearish side, we also hedge our

    trade with a sell stop @ 1.6868, 1st target @ 1.6825, 2nd target @ 1.6745, 3rd target @

    1.6689...

    [10:44:23 10/10/08] Stalion : stop loss 1.7010...

    [10:44:48 10/10/08] Stalion : so we are having 2 pending orders in place...

    [10:46:50 10/10/08] fxjedi : looks gu wants to take a dive?

    [12:21:43 10/10/08] masif1 : buy triggered

    [12:21:55 10/10/08] masif1 : trailing s/l at 25pips

    [12:39:12 10/10/08] masif1 : ok made 25pips

    [12:39:25 10/10/08] masif1 : put a reentry in for another 25 pips

    [12:43:33 10/10/08] caprica1 : afternoon masif. you ok dude?

    [13:23:50 10/10/08] Stalion : 1st target hit twice...



    [13:24:19 10/10/08] Stalion : [10:05:46 10/10/08] Stalion : We put a buy stop on gbpusd @

    1.6960, 1st target @1.7008...2nd target @ 1.7065...

    [13:24:40 10/10/08] Stalion : 3rd target @ 1.7155

    [15:13:15 10/10/08] masif1 : reenetered at 17065

    [15:13:37 10/10/08] masif1 : trailing at 55pips s/l now

    [15:14:47 10/10/08] masif1 : thats 80pips profit today - more to come

    [15:14:55 10/10/08] masif1 : and 60pips yesterday!

    [15:15:46 10/10/08] masif1 : trailing at 75pips now

    [15:16:03 10/10/08] masif1 : so that 100pips bagged today

  3. #33
    bitrader is offline Senior Member
    Join Date
    Aug 2008
    Posts
    107

    Default

    targets 1.7180 or 1.7370



  4. #34
    Join Date
    Aug 2008
    Posts
    79

    Default

    [09:29:18 14/10/08] caprica1 : morning

    [09:29:42 14/10/08] klho83 : Hi Cap gm

    [09:43:39 14/10/08] caprica1 : how are you K?

    [09:48:11 14/10/08] klho83 : m doing fine cap .Thanks. U missed yerterday trade?

    [09:57:13 14/10/08] fxjedi : gm all

    [10:02:40 14/10/08] Stalion : helloo everyone
    .
    [10:16:03 14/10/08] fxjedi : UK House Sales At Record Lows - RICS:

    [10:16:21 14/10/08] fxjedi : The latest RICS house price survey released overnight

    showed UK house sales in September fell to record lows, while the net balance of

    surveyors reporting prices falling against rising was -84.2 compared with -81.8 in

    August. It's difficult to tell if the data had any impact on sterling, however

    GBP/USD has fallen in early Europe and now trades at 1.7440 from the day's high of

    1.7547, while EUR/GBP is trading in the middle of its 0.7830-0.7794 day's range

    [10:25:10 14/10/08] Stalion : BUY STOP ON GBP @ 1.7570...1ST TARGET @ 1.7610..2ND

    TARGET @ 1.7648

    [10:26:50 14/10/08] caprica1 : do your buy prices include your spreads Stal?

    [10:27:08 14/10/08] Stalion : STOP LOSS @ 1.7505

    [10:27:57 14/10/08] Stalion : no....please add spreads to price...2 or 3 pips...

    [10:28:10 14/10/08] caprica1 : lol. Just checkinh

    [10:32:10 14/10/08] Stalion : price looks to retracing down to 1.7470

    [10:35:32 14/10/08] Stalion : the trend is still up,guys...in which the retracement

    level is inside the uptrend...get it?

    [10:36:32 14/10/08] Stalion : cool...

    [10:43:53 14/10/08] Stalion : price diving down to the 1.7470 area...pardon the

    pun,cap..

    [10:48:40 14/10/08] caprica1 : lol. None taken

    [10:54:04 14/10/08] Stalion : so why do we see price dipping to that 1.7470 area?

    [10:57:32 14/10/08] caprica1 : no sure. The high of yesterday was .7442

    [10:58:51 14/10/08] Stalion : so??

    [11:01:35 14/10/08] Stalion : for now..dats not the high to to be looking for...the

    one at 1.7566 could be more productive really..soo, what were you thinking when you

    mentioned the high of yesterday..especially in relation to that region?

    [11:02:11 14/10/08] Stalion : masif??

    [11:04:00 14/10/08] caprica1 : yesterday's high could act as support

    [11:05:50 14/10/08] Stalion : helloo there takbal...

    [11:06:04 14/10/08] takbal : hi all

    [11:07:03 14/10/08] Stalion : yes, it sure could...but it might be more incisive if

    we take the swing low at 1.7413 as major support..

    [11:11:13 14/10/08] masif1 : hi stal

    [11:13:45 14/10/08] caprica1 : yep

    [11:34:57 14/10/08] Stalion : price making a counterattack to the bullish side

    [11:39:17 14/10/08] caprica1 : yeah it's moving back up to the entry.

    [11:44:41 14/10/08] Stalion : price needs to breach two resistance area before it

    gets to our trigger..

    [11:49:38 14/10/08] caprica1 : where are those areas

    [11:55:46 14/10/08] Stalion : we are at the first area now..at 1.7550

    [11:56:20 14/10/08] Stalion : 2nd area is 15 pips away at 1.7566

    [11:56:53 14/10/08] Stalion : hi enolase

    [11:57:03 14/10/08] enolase : hi

    [11:58:29 14/10/08] Stalion : welcome aboard and fasten ur sealbelts...

    [11:58:37 14/10/08] Stalion : seatbelts

    [12:00:24 14/10/08] enolase : any orders yet?

    [12:01:01 14/10/08] fxjedi : just imagin you just retired and 60 percent of your

    portfolio in stocks....hmmm, I guess retirement is already over for some..No choice

    but to keep working till death...The talking heads think this will extend, yeah

    right....another selling opp if ya ask me...this world is headed for Revolations

    spelled out in the Bible...And Im not even a religon activist....

    [12:01:23 14/10/08] fxjedi : its up there enolase

    [12:05:10 14/10/08] fxjedi : UK Gilts The UK government faces a £2B paper loss on

    its investment in the country's banks - FT

    [12:05:42 14/10/08] Stalion : BUY STOP TRIGGERED...

    [12:07:46 14/10/08] fxjedi : whooppiieeee...!!

    [12:09:54 14/10/08] Stalion : not so fast...

    [12:10:49 14/10/08] enolase : my network is slow

    [12:11:18 14/10/08] Stalion : starcomms?

    [12:15:58 14/10/08] fxjedi : EUR/USD : The current expected trading ranges from the

    monthly cycle projected series are 1.3390 // 1.3476* - 1.3562 - 1.3648 - 1.3734 -

    1.3820* - 1.3906 - [1.3992]. A critical resistant point is positioning at 1.3749

    [13:21:01 14/10/08] Stalion : please take half profits now as price is at

    1.7605...+30 pips..

    [13:25:17 14/10/08] Stalion : hi masif///

    [13:27:05 14/10/08] Stalion : the recent high has been pierced right now....which

    looks like a continuation of the uptrend

    [13:28:49 14/10/08] Stalion : +40 pips...



    [13:30:20 14/10/08] Stalion : 2nd target 1.7685

    [13:30:51 14/10/08] Stalion : or just place a 15 to 25 pip trailing stop...

    [13:32:01 14/10/08] enolase : just exited at 1.7624

    [13:33:22 14/10/08] fxjedi : that was kinda fast,enolase

    [13:33:39 14/10/08] enolase : i will look for a safe re-entry point

    [13:34:58 14/10/08] enolase : with this my network i can't take no stupid chances

    [13:36:10 14/10/08] enolase : Starcomms cost me badly last week Monday

    [13:36:51 14/10/08] enolase : was in profit to the tune of $2000 at a point, then

    just as I was about to place a trailing stop, my network disappeared (for the next

    one week)

    [13:37:44 14/10/08] enolase : and I ended up making only $800 from the trade (price

    had retraced by the time i was able to get to a cafe where i had downloaded the MT4

    platform

    [13:37:45 14/10/08] Stalion : why not use multilinks?

    [13:39:01 14/10/08] Stalion : or better still...cobranet or swift networks...they

    are broadband and very fast....see if dey are operating in ur area...jus 15 or 16k

    per month...like starcomms

    [13:41:27 14/10/08] masif1 : do u mean 3rd target 17685?

    [13:44:41 14/10/08] Stalion : yes...masif.....3rd target @ 1.7685....

    [14:45:48 14/10/08] Tpack : hi is this room active ?

    [15:03:24 14/10/08] masif1 : we got stopped out on the way to 2nd target

    [15:03:30 14/10/08] masif1 : damn something wrong with the chat box

    [15:17:07 14/10/08] Tpack : hi masif1 is the chatbox playing up ?

    [15:18:15 14/10/08] masif1 : i think so

    [15:36:16 14/10/08] enolase : well, just logged back in to see that GU dropped like

    it wqs hot

    [15:36:45 14/10/08] enolase : looks like i made a wise choice taking what i was

    able to get and scramming

    [16:26:54 14/10/08] masif1 : yep got stopped out again

    [16:27:07 14/10/08] masif1 : looks like gu going down down down

  5. #35
    Join Date
    Aug 2008
    Posts
    79

    Default

    Quote Originally Posted by vider View Post
    Mystikal,you think you are one popular hotshot or a Jack Hershey,with those

    stupid moves you tink you got.well better get off your high horse and eat pooh.YOU ARE

    NOTHING,UNDERSTAND,NOTHING!


    [10:17:01 15/10/08] fxjedi : hi all

    [10:18:37 15/10/08] Tpack : hi fxjedi

    [10:20:56 15/10/08] fxjedi : stalion sent a text alert, looks like he coudnt yet make it

    online

    [10:22:17 15/10/08] fxjedi : buy stop gu at 17467,1st target at 17509, 2nd target at 17535,

    sl at 17421

    [10:23:06 15/10/08] fxjedi : hi klho83

    [10:23:10 15/10/08] klho83 : yup! got it. thanks

    [10:23:28 15/10/08] klho83 : thanks fx

    [10:23:29 15/10/08] fxjedi : did u get text?

    [10:23:59 15/10/08] klho83 : yes

    [10:24:06 15/10/08] fxjedi : ok

    [10:25:59 15/10/08] fxjedi : hope we have another good trading day today

    [10:39:23 15/10/08] Stalion : hi everyone..

    [10:40:06 15/10/08] Stalion : sorry for being late today...had some problems with my

    internet network...even the back up was down...

    [10:41:03 15/10/08] fxjedi : hi stal

    [10:41:48 15/10/08] Stalion : helloo there jedi..I seen you got my text alrite...

    [10:42:38 15/10/08] fxjedi : sure did,

    [10:44:07 15/10/08] Stalion : price on the GBPUSD steadily moving up to our 1st target of

    1.7509..presently at 1.7500 as we speak..

    [10:45:57 15/10/08] Stalion : hi tupac

    [10:46:33 15/10/08] Tpack : Hi Stalion

    [10:47:15 15/10/08] klho83 : Hi stal thanks for the text alert

    [10:49:21 15/10/08] klho83 : TP 1 hit

    [10:49:23 15/10/08] Stalion : no probs,K...part of the package,u know...I jus got back on

    after some hours of internet disconnection...had to call my broker and ask for prices before

    the text alert

    [10:49:37 15/10/08] fxjedi : 1st taget hit



    [10:50:14 15/10/08] Stalion : cool

    [10:50:21 15/10/08] caprica1 : Hi Stal. How's it going ?

    [10:50:31 15/10/08] Stalion : take profits, den shift stop loss to entry as usual...

    [10:50:49 15/10/08] Stalion : helloo there cap

    [10:52:01 15/10/08] Stalion : please dont wait until price retraces and clear out ur

    profits....just take half profits now, den shift sl to entry...d remaining half is for 2nd

    target or reentry

    [10:53:24 15/10/08] Tpack : nice call stalion I can see the price projection from

    17420-17495 and applied to the 17467 , was the trade a 60pct from the high of the17495 and

    then the triger is the higher higs on the candles ?

    [10:59:53 15/10/08] fxjedi : gu going for seconfd taget

    [11:04:30 15/10/08] Stalion : cool...

    [11:04:34 15/10/08] masif1 : did i miss the alert

    [11:04:40 15/10/08] masif1 : first target alredy hit?

    [11:05:41 15/10/08] Stalion : am not sure I understand your question,tupac...?

    [11:06:11 15/10/08] Stalion : yes, masif....a lil late for the party..

    [11:06:38 15/10/08] Stalion : but you can still go for 2nd target...though with more higher

    risk..

    [11:08:39 15/10/08] Tpack : Hi Stalion . I was just checking to see if I could figure where

    you got the projection from and what was the trigger as price was meandering in and around

    that area for a couple of areas what wass the trigger which made your decision ?

    [11:08:58 15/10/08] Stalion : remember guys, once it gets to the 1.7525 region, you can put

    in a a 15 to 25 pip trailing stop on the trade..since our sl is now at entry, we are

    ''playing with house money''..

    [11:10:48 15/10/08] fxjedi : Always take three ‘vectors’ to understand a position, in order

    to orientate a direction ‘of trade’.

    [11:11:04 15/10/08] fxjedi : A fourth gives conformation

    [11:11:17 15/10/08] fxjedi : It is a matter of certainty of a trade – or how stable you are

    sitting on a seat with less than three or four legs

    [11:11:30 15/10/08] fxjedi : Of course it all depends on what time scale you trade on – but

    the longer charts cannot be ignored.

    [11:11:46 15/10/08] fxjedi : Pips are where pips are for now

    [11:13:43 15/10/08] Stalion : you could say any trigger on a trade wud be due to a

    ''confluence of events''...and intuition

    [11:21:57 15/10/08] Stalion : 2nd target hit.....!!



    [11:22:28 15/10/08] Stalion : 25 pip trailing stop locked on

    [11:23:41 15/10/08] fxjedi : just made 68 pips , stal,

    [11:23:55 15/10/08] fxjedi : thanks

    [11:24:10 15/10/08] fxjedi : Very Happy

    [11:24:55 15/10/08] Stalion : no probs...jedi...the market did it again..

    [11:25:26 15/10/08] Stalion : and looks like its going for more pips..

    [11:26:12 15/10/08] fxjedi : whooohoooo,

    [11:27:33 15/10/08] fxjedi : The outlook for emerging-market currencies isn't particularly

    positive, even if the appetite for risk continues to recover.

    [11:31:55 15/10/08] fxjedi : Emerging-market currencies have managed to recoup some of their

    recent losses as investors swallow their concerns and return to the markets, but they're

    still likely to exercise a high degree of caution toward these risky units, analysts warn.

    [11:32:16 15/10/08] Stalion : are you still in the GBPUSD trade, K?

    [11:33:28 15/10/08] klho83 : 50% 1st Target .25% 2nd target last 25% trailinggggggggg

    [11:33:36 15/10/08] masif1 : well done guys

    [11:33:59 15/10/08] masif1 : so now your on a 25pips trailing s/l?

    [11:34:22 15/10/08] klho83 : 30pips trail

    [11:39:03 15/10/08] Stalion : you see, yesterday, if you'd use our standard risk mgt

    principle, you would have been stopped out at ur entry while making +40 pips...

    [11:40:53 15/10/08] Stalion : remember, the market is not the same like 6 months ago...lots

    of volatility and bad financial news out there,.....so it wont be prudent if we always wait

    for an extended rally or decline breakout,which doesnt occur all the time..

    [11:41:13 15/10/08] Stalion : even enolase cut his profits yesterday and scrammed

    [11:41:55 15/10/08] fxjedi : gu shhoting up,

    [11:42:19 15/10/08] fxjedi : am 100 pips gain

    [11:42:35 15/10/08] fxjedi : klho83, can you see that?

    [11:43:02 15/10/08] klho83 : Hitting The Moom Smile

    [11:44:07 15/10/08] Stalion : mama mia!!!!

    [11:44:22 15/10/08] fxjedi : yeah!



    [11:44:50 15/10/08] Stalion : santa maria!!!

    [11:45:18 15/10/08] fxjedi : yea!

    [11:45:35 15/10/08] fxjedi : LMAO

    [11:46:17 15/10/08] fxjedi : Laughing My A** Out!

    [11:47:07 15/10/08] masif1 : wheres klho?

    [11:47:21 15/10/08] masif1 : well done guys

    [11:47:37 15/10/08] klho83 : Still on the flight!

    [11:48:04 15/10/08] fxjedi : lol

    [11:48:32 15/10/08] fxjedi : rocket to moon?

    [11:48:56 15/10/08] klho83 : Stal where can land?

    [11:50:06 15/10/08] Stalion : dont be greedy,guys....we are ''playing with house money''

    now...since our sl is at entry point...or 15 to 30 pips in trailing stop...

    [11:51:08 15/10/08] Stalion : you can land when price retraces down to 30 pips..in

    yourcase...ur trailing stop kicks in and ensures you get out at the farthest price can go in

    the moment

    [11:53:13 15/10/08] klho83 : out for 120pips

    [11:53:46 15/10/08] Stalion : see it pause and retrace at the pychological number/grid at

    1.7600

    [11:54:19 15/10/08] klho83 : yeap! round number

    [11:54:31 15/10/08] Stalion : then retrace down to stop K at a 120 pip profit..

    [11:56:25 15/10/08] fxjedi : sure,i got out at 128 pips,

    [11:59:00 15/10/08] Stalion : We gotta learn to take trading seriously, masif...Trading is a

    business and should be treated as such

    [11:59:36 15/10/08] masif1 : noted

    [11:59:55 15/10/08] fxjedi : with a 15 pip sl

    [12:00:17 15/10/08] fxjedi : traillingsstop

    [12:01:59 15/10/08] Stalion : cool

    [12:07:32 15/10/08] Stalion : price retracing downwards...the bearish drive may continue to

    1.7500 or lower

    [12:08:43 15/10/08] Stalion : or just continue going up...

    [12:09:30 15/10/08] Stalion : where do you think its going,K..?continue up or going down?

    [12:12:17 15/10/08] Stalion : I've already sold, by the way

    [12:12:20 15/10/08] fxjedi : down?

    [12:12:55 15/10/08] Stalion : yes...jedi

    [12:13:21 15/10/08] Stalion : but to how much distance?

    [12:15:00 15/10/08] fxjedi : not sure,but maybe going down to previous support

    [12:17:17 15/10/08] Stalion : cool

    [12:18:51 15/10/08] Stalion : some made close to 130 pips in less than 3 hours today...

    [12:19:54 15/10/08] Stalion : +128 pips, $128 minilot...$1280 standard lot on cable (GBPUSD)

    [12:20:43 15/10/08] Stalion : hi there, eno

    [12:21:11 15/10/08] Stalion : did you get the text alert?

    [12:37:01 15/10/08] klho83 : Hi Stal just back to my PC. GU should go up futher. Resistance

    level at 17630 ..?

    [12:39:01 15/10/08] enolase : a very great call

    [12:40:34 15/10/08] klho83 : MACD already shows sign of divergence..

    [12:41:39 15/10/08] klho83 : wu retrace from there or lower..correct me stal ..if i'm

    wrong..

    [12:56:08 15/10/08] masif1 : so who's on short on GU now?

    [13:04:42 15/10/08] enolase : i actually set my target there

    [13:27:32 15/10/08] enolase : GU formed a double top at 1.7570

    [13:28:42 15/10/08] enolase : i checked my one hour chart and found that it made 1.7570

    yesterday and today

    [13:38:05 15/10/08] masif1 : so u went short on it as well?

    [14:46:39 15/10/08] argunes : hi everyone! looks like i missed the fun.

    [18:16:24 15/10/08] Stalion : yes you did, argunes....

    [18:47:17 15/10/08] Stalion : [12:07:32 15/10/08] Stalion : price retracing downwards...the

    bearish drive may continue to 1.7500 or lower

    [18:47:41 15/10/08] Stalion : Price moved almost 300 pips below 1.7500


  6. #36
    Join Date
    Aug 2008
    Posts
    79

    Default

    Quote Originally Posted by onwukarisa View Post
    Hello Mystikal,

    Thanks for your replies. Another question for you and I hope it will be answered :

    1) Please how do you determine your entry points.

    2) How do you calculate those your targets ( 1 target, 2nd target and so on).

    3) How do you know the number of target a trade or move will have ( whether 1 ,2 or 3

    targets).

    4) Also,what are the conditions for a 1-2-3 bottom? that is whats the 1 stand for, the 2

    and the 3 , what do they all stand for?

    5) in your last reply to me, you said "so in this context,2 was a minor low, while the
    low of the bearish hammer before the doji, at the last support ,could stand as an
    intermediate low." so please whats the difference between a minor low and an intermediate

    low

    6) What do you mean by a bearish hammer and a "doji"


    Expecting A Reply


    1)
    Most traders tend to concentrate on pinpointing the perfect entry for a trade. However, in

    reality the entry price is just one part of the equation. The common entry techniques are:

    Channel Breakouts

    A trend trader will tend to use channel breakouts to enter trades in order to catch a trend

    when it is beginning. The general rule is to pick a period length, which could be 20 days

    for a long term trader or 15 minutes for a daytrader and buy if the high in that period is

    broken or sell if the low is broken.

    Visual Entry based on patterns

    The art of technical analysis focuses on the many types of chart patterns that markets tend

    to form. Such as gaps, spikes, inside days, outside days, triangles, flags and double tops

    to name a few. These entries are rather more subjective than channel breakouts.

    Pure prediction

    Prediction techniques include Elliott Wave, Gann and Dow Theory. Again the actual entry

    price based on such theories is very subjective. Predictive techniques usually try to pin

    point major turning points in markets and are therefore attempting to go against the current

    trend rather than with it.

    Volatility Breakouts

    The theory behind a volatility breakout is that if the market makes a sudden move in a

    particular direction then it is likely to continue in that direction. The general rule is to

    add/subtract a pre-determined percentage of the recent average true range to the opening

    price thus giving buy and sell points.

    Moving Averages

    Take the average price of the last x periods (minutes, hours or days) and buy if the price

    crosses above and sell if it crosses below. This technique works well in purely trending

    markets but will be badly whipsawed in a range bound market. Variations include using 2 or

    more moving averages and using the cross of those as a signal. The moving averages

    themselves could be simple or weighted (more emphasise on the latest prices).

    Oscillators and Stochastics

    I.e. RSI, stochastics, Williams %R etc. Generally these tools are used to determine whether

    the market is 'overbought' and ready to drop or 'oversold' and ready to rise. They work best

    in range bound markets by picking tops and bottoms but fail in a trending market.

    (2) &(3)

    Since trading is more of an art than a science, its more of the interpretation of the chart

    information that just calculations,Onwukarisa..Besides,like I reiterated before,it wont be

    to the best interests of my clients and partners if the 'edge' is disclosed in an open forum

    due to the risk of fading out by the banks, institutional traders,etc..
    Contact me if you are interested in a private one on one coaching on these winning

    strategies...stalion@forexgreenland.com

    4) A 123 bottom is a reversal pattern that is usually seen at the end of a downtrend, in

    which the breach of the 2 denotes a bullish movement of price..
    1 stands for the lowest low(LL)...2 stands for the intermediate high before price retraces,

    and 3 stands for the intermediate low...remember 3, the intermediate low, should not be

    lower than 1, which is the major or lowest low..

    5)''A hammer have small real bodies(either black or white), and these real bodies have to be

    at or near the highs of the session..Another criterion is that they need very long lower

    shadows ( at least two to three times the height of the real body).Because of their

    identical shape, you can identify them depending on where they appear in an uptrend or

    downtrend...A hammer will appear at or near the bottom of a decline, either briefly or

    extended; thus the name ''hammer''...which suggests that the market is hammering out a

    base.. A bearish hammer simply means the clour of the hammer is dark, denoting the opening

    price is higher than the closing price of the hammer..




    A doji is a session in which the opening and closing prices are the same..theregfore it

    resembles a cross.It indicates a market in complete balance between supply and demand..Since

    a doji session represents a market at a juncture of indecision, it can often be an early

    warning that a preceeding rally(rise) could be losing steam..
    The ideal doji forms with the same opening and closing price, but this rule is

    flexible..When the opening and closing prices are only a few ticks from each other, you can

    still consider the candleline as a doji..''

    The Candlestick Course...Steve Nison



    [09:02:44 17/10/08] Stalion : helloo everyone

    [09:05:07 17/10/08] fxjedi : hi stal

    [09:06:28 17/10/08] Stalion : Sell Stop on the gbpusd @ 1.7250..1st target @ 1.7220...2nd

    target @ 1.7195

    [09:09:47 17/10/08] Stalion : hi fxjedi

    [09:15:03 17/10/08] Stalion : twas okay, cap....our trade call yesterday didnt go our

    way..so we scratch dat and say NEXT

    [09:24:32 17/10/08] caprica1 : last day for me for a week. Lets see if I can finish the week

    off on a nice note.

    [09:31:29 17/10/08] Stalion : lol, cap....we'll finish the week on a positive note...we are

    still on 3 winning days, 1 losing day...and today, friday, is up for grabs,,,//

    [09:33:59 17/10/08] caprica1 : it's always always nice to finish the week off with a winner though

    http://www.reuters.com/article/reute...49F9PL20081016

    [09:35:03 17/10/08] masif1 : stal s/l?

    [09:37:04 17/10/08] masif1 : anyone?

    [09:37:24 17/10/08] Stalion : sl @ 1.7315...remember our pending stop order is still waiting

    to be triggered...

    [09:40:31 17/10/08] caprica1 : masif dont forget to add your spreads to the stop figure

    [09:41:00 17/10/08] masif1 : 1.7320?

    [09:45:04 17/10/08] caprica1 : Stal have you used the buy/sell windows on the cable?

    [09:48:31 17/10/08] Stalion : Have you or Did you,cap?

    [09:51:19 17/10/08] kokowater : is that retracement on cable or a reverse, stal?

    [09:53:39 17/10/08] Stalion : price retraced at the 60% buy window, and now, its moving up...

    [09:56:04 17/10/08] Stalion : any high impact news coming out from the gbp or usd?

    [09:56:42 17/10/08] Stalion : right now, even price is looking for a good end to the week...lol..

    [09:56:48 17/10/08] caprica1 : I was just wondering as I was reading your post on the forum

    here about how you calculate the buy/sell windows

    [09:59:26 17/10/08] Stalion : ohh,okay..

    [10:01:01 17/10/08] kokowater : nope.. it is a low impact news for EUR

    [10:01:08 17/10/08] kokowater : there are 2 impacts news at 1:30pm and 2:55pm respectively

    [10:02:17 17/10/08] Stalion : right now, if you look at the GBPUSD 15 min chart, you'll see

    MACD negative divergence to price, which foretells a bearish move down south...

    [10:04:19 17/10/08] Stalion : gu needs to break above its previous high in order to really

    qualify its bullish move....so we might be slapping a pending buy order above that

    high...cap...

    [10:07:58 17/10/08] caprica1 : rite.

    [10:09:06 17/10/08] kokowater : ok

    [10:11:52 17/10/08] kokowater : i still believe in the short of cable..

    [10:12:45 17/10/08] fxjedi : why, kokowater?

    [10:14:07 17/10/08] kokowater : we have a good 123 formation on gu looking at 4hrs

    [10:17:21 17/10/08] kokowater : i am still holding my short on eu too, i enter so late

    becasue i never chekc my 15mins chart for a good entry...

    [10:19:36 17/10/08] Stalion : soo?

    [10:20:34 17/10/08] Stalion : what does a 123 formation on the 4hr chart got to do with shorting the cable?

    [10:20:37 17/10/08] kokowater : soo? how do you mean, stal?

    [10:25:16 17/10/08] Stalion : can you please explain more,koko?

    [10:27:10 17/10/08] Stalion : how do you mean the directional bias is still long on the 4hr

    chart, cap? what are your reasons?

    [10:27:28 17/10/08] kokowater : 123 formation on cable.. i am saying to support or buttress our point.

    [10:33:20 17/10/08] Stalion : you see, koko, good training in trading is very important if

    you want to take this thing to the next level..a 1-2-3 formation on the gu does not support

    shorting the cable...just because a 123 is a reversal pattern that foretells a long

    position, not a short position...that was why am asking...they are kind of mutually

    exclusive in a way...

    [10:37:43 17/10/08] Stalion : can you be more specific,cap?

    [10:42:54 17/10/08] fxjedi : hey,caprica, i jus woke up this morning with a hangover.,please

    dont add more to it,the headache,i mean,lol,.

    [10:46:14 17/10/08] caprica1 : lol. Hangover? Self inflicted. No sympathy. lol

    [10:50:04 17/10/08] fxjedi : Mercy!

    [10:50:32 17/10/08] caprica1 : lol

    [11:52:41 17/10/08] enolase : just taken tme to read all the posts

    [13:54:31 17/10/08] enolase : today's trading is mostly range bound



    [15:41:56 17/10/08] masif1 : first target hit on the short :clap:

    [15:42:35 17/10/08] masif1 : cheers

    [15:43:27 17/10/08] masif1 : 30pips today Wink

  7. #37
    Join Date
    Aug 2008
    Posts
    79

    Default

    Quote Originally Posted by 4xis2ez View Post
    Forexgreenland, what is your point in your post below? Are we to

    expect spam in the future from you?
    Quote Originally Posted by djindyfx View Post
    I'm in agreement with 4x..

    Forexgreenland.. Please do not post your IM messages in the Forum. Understandably..We see

    you caught a Drop. This one could just have been luck.. What "Signal" did you use to

    catch the drop? That might be more of a learning experience for the people in the

    Forum
    I come in peace,mon amis...

    On the contrary, your discussion on the Welles Wilder book ''The Delta Phenomenon or the

    Hidden Order In All Markets'',piqued my curiousity.. Jim Sloman, the genius engineer that

    discovered it and shared it with Welles, talked about Delta turning points and where and

    when it should be in the markets. Though he claims Delta is the basis of all market

    movements, there are NO exact exit and entries to take advantage of those predetermined

    Delta turning points..
    ''The secret can be defined for all five Delta time frames by just eighteen words.
    Markets repeat directly or inversely relative to the total interaction of the sun, the moon,

    and the earth.
    For the Intermediate Term Delta time frame, each colored line is on the
    date of each FULL MOON!
    We can define the Intermediate Term Delta in nine words.
    Markets repeat directly or inversely every four lunar
    months.
    That is the height of simplicity. It is a truism. It has held up as far back
    in history as there is obtainable data. And yet, it has eluded everyone who
    ever tried to find it . . . the real underlying order in markets . . . until it was
    discovered by Jim Sloman in the summer of 1983.
    Now, even though we know the Delta order is perfect, unfortunately,for me, the exact date of

    the high and the exact date of the low (of thehigh/low rotation) is not perfect. If it were,

    you would not be reading this book and I would have, by now, accumulated more wealth than

    anyone else in this world!
    So. it is important to understand the difference between perfect order and perfect accuracy.

    Perfect order involves a phenomenon that repeats exactly within a defined reference. In this

    case the reference is the perfectinteraction of the sun, moon and earth.
    Perfect accuracy defines the accuracy within the order. In this case,
    the accuracy is that of the turning points. That is, how close a particular turning point

    will come to a predicted date. Obviously, it is not possible for perfect accuracy to exist

    within the perfect order of markets.'' Quote from the Delta Phenomenon Book

    That is where I come in, my friends..


    Originally posted by Hoof:
    [QB] Hi. This is my first post and I want to try get some answers to the questions I have

    about this thread. It would appear as though the 60% "window" does in fact appear to get

    slightly more hits than the 61.8 fib. Why exactly is beyond me but it does appear that way.

    We will see how long that lasts.

    I do not know how you are calculating targets but I was able to pick up 70 pips on GBP/USD

    but would like to know if target prices are established from support or resistance or if

    there is in fact a calculation that is being used?

    Are you selling a service? Your website and forum suggests that you are selling a service.

    [/QB]
    Helloo Hoof,
    It is true the 60% window got more ''hits'' than the 61.8 fib..and it lasts as long as

    there's a forex market..
    There are calculations being used,which also takes cognizance of support and resistance

    levels..The CHART PATTERN RECOGNITION AND PRICE PROJECTION STRATEGY is a conglomeration of

    diverse and dynamic trading techniques that is synergetically combustulated to form a

    holistic winning formula or ''edge''.
    Please dont get me wrong, Hoof....I'm not selling out...especially in the art of trading..
    Welles Wilder of the ''Delta Phenomenon'' sells his books and services..Steve Nison ,Tom De

    Mark,Dr Alexander Elder, Dr Van Tharp,etc..sells their services and manuals,Warren Buffet

    sells his services through Berkshire Hathaway,Bill Gates through Microsoft..etc..Does that

    mean they are sell outs or any lesser than the trading public? I dont really think so..else

    how would anyone get to benefit from their insights and experiences?
    They are still true to their art..which only makes them better..Trading is an Art,Science ,

    as well as Business, and should be treated as such..

    Quote Originally Posted by XtRaVaGaNt View Post
    Hi forexgreenland, is it possible for me to join your littel club...

    please... although im a noob i want to learn from you guys please please

    master


    [13:45:33 21/10/08] Stalion : helloo everyone

    [13:45:43 21/10/08] skipper : Hi

    [13:46:27 21/10/08] Stalion : our long gu order didnt go according to plan early this

    morning, so we cut it off and say next..

    [13:48:27 21/10/08] Stalion : we put a sell pending order on gbpusd @ 1.6955, 1st target @

    1.6919...

    [13:49:24 21/10/08] Stalion : sl@ 1.7108

    [13:51:57 21/10/08] skipper : hope your order hits & I'm still with you on the journey down

    [13:52:26 21/10/08] klho83 : Hi Stal

    [13:52:51 21/10/08] Stalion : hi K

    [13:53:50 21/10/08] klho83 : Stopped for GU long trade during asian session

    [14:01:43 21/10/08] masif1 : coolio

    [14:03:56 21/10/08] tundope : hi stal

    [14:06:51 21/10/08] Stalion : OKAY

    [14:21:48 21/10/08] Stalion : price almost brushing our sell stop order

    [14:38:28 21/10/08] Stalion : hi enolase..

    [14:40:06 21/10/08] enolase : i am on the sidelines for now

    [14:40:20 21/10/08] enolase : the BoC interest rate decision is a tricky one

    [14:40:40 21/10/08] Stalion : hi fxmonkey...

    [14:40:58 21/10/08] enolase : market expecting a 50 basis points cut, so movements downward

    may have been factored in

    [14:41:49 21/10/08] didi : it's not been too rosy.i once traded with no stop loss and lost

    1'400 in 3 mins

    [14:42:10 21/10/08] enolase : CAD may gain if there is only a 25 basis points cut or no cut

    at all, so I will just watch it

    [14:44:11 21/10/08] Stalion : what was the name of the strategy you used?

    [14:45:05 21/10/08] enolase : $1,400 in 3 mins?

    [14:45:53 21/10/08] didi : i try to keep it simple,just some ema's,rsi and stoch.like i said

    i'm new
    [14:46:25 21/10/08] Stalion : yes, eno, the USDCAD and AU/USD may be worth watching this

    afternoon....I hope the news gets to have a high impact

    [14:47:41 21/10/08] Stalion : no probs....but at the end, didi...its not more about the

    right strategy than risk management...they both are very important...

    [14:48:17 21/10/08] enolase : but like Stal said, risk management is very important

    [14:48:44 21/10/08] enolase : i learnt these lessons the very hard way last year in my early

    trading

    [14:49:22 21/10/08] didi : believe me i now know d importance of risk management

    [14:49:52 21/10/08] Stalion : if 1400 was like 2 to 5% of your total equity that you lost in

    3 mins, then you wouldnt be that worried, would you?

    [14:49:54 21/10/08] enolase : one thing i learnt from Stalion

    [14:50:04 21/10/08] enolase : THERE ARE ALWAYS OPPORTUNITIES IN THE MARKET

    [14:50:15 21/10/08] enolase : u miss one, wait. others will come

    [14:51:51 21/10/08] didi : for u trades how much stop loss do u recomend

    [14:52:11 21/10/08] Stalion : but the main challenges is Do You See Them and Take The Trade?

    [14:54:29 21/10/08] didi : the problem now is after that loss i lost a lot of confidence and

    i've only just started trading again.and all i do is scalp for 5 pips here and there

    [14:55:39 21/10/08] Stalion : earlier this year, a 40 pip stop loss was fitting...but with

    the recent volatility in the markets,price tends to move more...check the average range of a

    candle stick bar, from high to low

    [14:58:20 21/10/08] Stalion : so, now,placing stops at support and resistance areas are more

    prudent,,,especially with recent price movements...

    [15:07:46 21/10/08] fxjedi : so do we sell usdcad as it came out on 0.25 basis points, Stal?

    [15:11:36 21/10/08] Stalion : not yet, jedi

    [15:12:58 21/10/08] Stalion : we put a buy stop on USDCAD @ 1.2100....1st target @ 1.2150

    [15:13:53 21/10/08] enolase : yes jedi

    [15:13:58 21/10/08] enolase : not yet

    [15:14:15 21/10/08] enolase : there is a dovish statement made by the BoC

    [15:15:31 21/10/08] enolase : which will likely make the CAD pairs to follow recent trends

    [15:15:38 21/10/08] Stalion : sl 1.2050

    [15:16:38 21/10/08] enolase : order should be 15 pips in profit now

    [15:23:44 21/10/08] Stalion : lets wait and see,enolase

    [15:39:57 21/10/08] Stalion : there is resistance at the 1.2128 region

    [15:41:47 21/10/08] Stalion : so remember guys, we have a sell pending order on the gbpusd

    and a buy pending order on the usdcad...

    [15:47:52 21/10/08] masif1 : thanks stal

    [15:51:17 21/10/08] masif1 : uscad buy triggered

    [17:34:15 21/10/08] masif1 : target hit!




    [17:34:27 21/10/08] masif1 : 50pips made on the USDCAD

    [17:34:53 21/10/08] masif1 : and still going up

    [17:35:08 21/10/08] masif1 : damn i knew i should have put a trailing s/l

    [17:54:24 21/10/08] masif1 : first target hit on the cable short!



    [17:54:28 21/10/08] masif1 : 40pips made there

    [17:54:35 21/10/08] masif1 : and still going down

    [17:54:45 21/10/08] masif1 : damn wish i had traling s/l on that as well

    [08:59:43 22/10/08] enolase : made $1500

    [08:59:58 22/10/08] pipster1 : Very Good

    [09:03:08 22/10/08] enolase : 1000 pips from Monday morning: that has been the story of the

    GU move

    http://news.yahoo.com/s/ap/20081022/...re/wall_street

  8. #38
    Join Date
    Aug 2008
    Posts
    79

    Default

    [17:56:09 22/10/08] Stalion : First we put a sell stop on gbpusd @ 1.6090...1st target @

    1.6050, 2nd target @1.5964
    [09:47:23 23/10/08] Stalion : 1.6140 sl

    Quote Originally Posted by XtRaVaGaNt View Post
    are u saying i should pay for ur help?
    Hi Xtravagant, am saying that if you are interested in procuring my services, I'd be glad

    to help in your trading needs...It all depends on the VALUE percieved and derived...in this

    case, how to make money from practical live trading and how you value the strategy to take

    you there..Traders that ask questions or clarications on this thread are not paying for

    anything because this forum and thread is free..
    What I'm giving out freely on this thread, free alerts, free transcripts of live

    conversations in forex trading rooms, free advice on trading strategies,psychology and money

    management are all free..You hardly get these real life trading concepts from free resources

    on the internet...neither on books in stores or ebay..
    As a professional trader and forex mentor,I ask you.. what is your time worth? In 24 hours a

    day, what time management principles are you adhering to? Do you give of yourself to so many

    people and activities that you deplete and dissipate yourself in the process? Please read

    the 80/20 Rule by Brian Tracy..and 7 Habits Of Highly Successful People by Steve Covey..

    In essence, you dont pay anything here on this free and open forum...

    Quote Originally Posted by IndigoSUN View Post
    a very interesting chat & screens
    thx
    Thanks, IndigoSun

    Quote Originally Posted by dubs07 View Post
    Whats up everybody...where is this chatroom located?

    Much Love,

    Dubs
    Hi dubs07, just google ''forexgreenland''..

    Originally posted by martin01:
    [QB] I hope this is the best place to discuss on forex and forex related tips and strategies

    [/QB]
    Hi Martin01..I sure hope so too...lol..

    Quote Originally Posted by hersko915 View Post
    I like the idea of thinking about it from a psychological spin. Its

    like everything in life - when your properly in focus, you can achieve almost anything. And

    when your not - somertimes it seems like you'd be better off spending the rest of the day

    under the covers - where you cant do any more damage!

    Yea,hersko915, its all about focus...focus on your trading goals and objectives,which also

    translates to life itself...but you sure cant do that when you are scattered all over the

    place...or dissipating energy on low value activities or destructive tendencies..
    You got an argumentative girlfriend?You cut her off..A nagging wife?Try your best to achieve

    harmony and understanding with her..Like going for binge drinking regularly in bars and

    pubs...No No...Like flaring off at every single percieved provocation? Chill..
    Like you right said,Its all about focus, mon ami..

    [19:10:17 23/10/08] Stalion : hi fellas

    [19:10:45 23/10/08] Stalion : hope you guys took the 1st 40 pips of our gbpusd short order

    [19:13:44 23/10/08] Stalion : since it looks like gbpusd is retracing upwards, we put a buy

    stop on the cable @ 1.6170...1st target @ 1.6210..2nd target @ 1.6261...

    [19:15:44 23/10/08] Stalion : sl @ 1.6100....take half profits when +20 pips in

    profits..while shifting sl to entry point...

    [19:20:54 23/10/08] Stalion : our sell pending order on cable still stands...

  9. #39
    Join Date
    Aug 2008
    Posts
    79

    Default The Forex Exegesis

    [18:28:57 22/10/08] Stalion : hi skipper

    [18:29:33 22/10/08] Stalion : enolase

    [18:30:14 22/10/08] enolase : oh yeah

    [18:30:21 22/10/08] enolase : hi

    [18:30:36 22/10/08] enolase : the market is range bound

    [18:31:50 22/10/08] enolase : anyone trying to be a hero now will get bombed!

    [18:33:10 22/10/08] enolase : masif, what u experienced is a classical case of greed

    [18:33:40 22/10/08] enolase : if u had just taken what you got and went home for another

    day, u would have been cool

    [18:34:24 22/10/08] Stalion : hmmmm....

    [18:35:40 22/10/08] Stalion : 1st picking was okay...den next move is to take half lot

    first...then shift stop loss to entry point...with that, you are ''playing with house

    money''..

    [18:36:21 22/10/08] enolase : Stal, i wanted to ask

    [18:40:19 22/10/08] enolase : do u take multiple positions? because i do not know how you

    can close half lots from an existing trade?

    [18:41:56 22/10/08] enolase : i would be glad if you can explain it to me

    [18:54:59 22/10/08] Stalion : no probs

    [18:56:09 22/10/08] Stalion : First we put a sell stop on gbpusd @ 1.6090...1st target @

    1.6050, 2nd target @1.5964

    [18:57:47 22/10/08] Stalion : if you are taking 1 minilot to trade, then taking half profits

    means closing your trade at 0.5...then allowing the other half to stay for the next target

    [18:59:06 22/10/08] Stalion : if it were 2 minilots(0.2), then you close your trade at

    0.1(half profits), and allow the other half lot(1 minilot) to remain for the second target

    [10:24:22 23/10/08] Stalion : price have been on a range since yesterday...so market is flat

    for now

    [10:29:14 23/10/08] enolase : hi everyone

    [10:29:17 23/10/08] Stalion : our pending buy and sell orders still stands...remember to

    take half profits when trade is on +20 pips ahead..then shifting sl to entry...standard risk

    mgt procedure

    [10:30:46 23/10/08] enolase : ok

    [10:30:57 23/10/08] enolase : i have understood the explanation of yesterday

    [10:41:46 23/10/08] Stalion : [17:56:09 22/10/08] Stalion : First we put a sell stop on

    gbpusd @ 1.6090...1st target @ 1.6050, 2nd target @1.5964

    [10:44:32 23/10/08] Stalion : hi skipper

    [10:45:06 23/10/08] enolase : what is the stop loss for the second order?

    [10:47:23 23/10/08] Stalion : 1.6140 sl

    [10:48:09 23/10/08] masif1 : is that two alerts?

    [10:48:19 23/10/08] masif1 : one for a buy and one for a sell?

    [10:48:39 23/10/08] fxjedi : hi masif,yes two pending orders leftovers

    [11:38:50 23/10/08] fxjedi : market's slow

    [12:32:22 23/10/08] masif1 : it looks like a consolidating day today for the markets

    [13:40:19 23/10/08] djcarlos : HI

    [14:09:05 23/10/08] klho83 : hi

    [14:14:11 23/10/08] djcarlos : I open position to USD/JPY

    [14:18:19 23/10/08] djcarlos : HI pipster

    [14:33:08 23/10/08] masif1 : short triggered

    [14:37:03 23/10/08] masif1 : fist target hit



    [14:37:07 23/10/08] masif1 : 40pips in the bag!

    [14:37:18 23/10/08] masif1 : didnt get a chance to put a trailing s/l

    [14:39:31 23/10/08] djcarlos : I was open USD/JPY and AUD/JPY

    [14:41:47 23/10/08] djcarlos : Its having a sell rally

    [14:58:05 23/10/08] Stalion : hope you shifted your sl to entry after first target was hit,

    masif...

    [15:05:08 23/10/08] masif1 : hi stal

    [15:05:22 23/10/08] masif1 : didnt get a chance stal

    [15:05:31 23/10/08] masif1 : just took the 40pips

    [15:05:34 23/10/08] masif1 : happy with that

    [15:06:09 23/10/08] masif1 : i have put a reentry but may take it off as don;t want to do

    the same mistake i did yesterday - greed!

    [15:58:04 23/10/08] enolase : Starcomms did me in again

    [15:58:25 23/10/08] enolase : network went just as I placed 2 orders for EURUSD and GBPJPY

    [15:58:53 23/10/08] enolase : only for the network to return and I found that after being

    almost 50 pips in profit in both, the price retraced on me

    [15:59:04 23/10/08] enolase : but i can make do with the GU short

    [15:59:39 23/10/08] enolase : i seriously have to consider either Reltel or Visafone

    [16:00:27 23/10/08] djcarlos : I open bad orders in USD/JPY and AUD/JPY,

    [20:10:17 23/10/08] Stalion : hi fellas

    [20:10:45 23/10/08] Stalion : hope you guys took the 1st 40 pips of our gbpusd short order

    [20:13:44 23/10/08] Stalion : since it looks like gbpusd is retracing upwards, we put a buy

    stop on the cable @ 1.6170...1st target @ 1.6210..2nd target @ 1.6261...

    [20:15:44 23/10/08] Stalion : sl @ 1.6100....take half profits when +20 pips in

    profits..while shifting sl to entry point...

    [20:20:54 23/10/08] Stalion : our sell pending order on cable still stands...

    [22:31:52 23/10/08] Stalion : target hit at a high of 1.6263, 2 pips away from our 2nd

    target of 1.6261..



    [22:32:49 23/10/08] Stalion : shift stop loss to entry while putting a trailing stop on

    price...from now, we are ''playing with house money''..

    [23:09:26 23/10/08] fxjedi : hi stal, my 25 pip trailing is on,any idea on 3rd target?

    [23:09:55 23/10/08] Stalion : 3rd target @ 1.6315

    [23:10:19 23/10/08] Stalion : hi skipper

    [23:11:01 23/10/08] fxjedi : okay

    [23:15:09 23/10/08] fxjedi : geez,3rd target hit



    [23:16:08 23/10/08] skipper : Hi stalion - I always seem to just miss you

    [23:18:30 23/10/08] Stalion : sorry,man...being quite busy for a while

    [23:19:37 23/10/08] fxjedi : should we be looking for a 4th target,stal?sorry if i'm been

    greedy,lol

    [22:21:54 23/10/08] Stalion : just keep your trailing stop on...like am doing...if there's

    gonna be a 4th target, its going to get to 1.6390...after breaking resistance at 1.6346

    [22:22:32 23/10/08] fxjedi : Black Friday!!

    [22:23:09 23/10/08] skipper : stalion - whats the difference in pips between current price &

    your trailing stop

    [22:23:32 23/10/08] skipper : I always screw up trailing stops - too wide or too tight!

    [22:26:01 23/10/08] Stalion : well, dats another lesson you can chalk in to ur trading

    experience,skipper...a 15 to 35 pip trailing stop loss is okay...

    [22:26:03 23/10/08] Stalion : brb

    [22:27:44 23/10/08] skipper : thanks

    [22:29:01 23/10/08] djcarlos : I, today was the worse day for me... I was lost

    http://news.yahoo.com/s/ap/20081024/...re/wall_street

  10. #40
    Join Date
    Aug 2008
    Posts
    79

    Default

    F##k you Stallion
    Hey
    F##K YOU!
    B.S


    help wanted
    dear stallion,
    I would like just to check with you if do you offer any monthly
    subscription to your service,because I am realy exited to be one of
    your friend, and it doesn't mutter how much you are going to charge me
    per month, and thank you in advance. I look forward to hear from you
    again.
    N

    Mastery Coaching Program
    Hello Mr.Stallion.I'd like to know few more detals about your Mastery Coaching Program.I

    drained my account 4 times.Nothing huge but I still feel the pain.It's not funny ! This is a

    hard business to do if you do not know what you are doing.I do not want to fail anymore.I'm

    doing OK right now with my MiniAcc,but I need to know from professional Forex Trader like

    You how I can be one of the best?I do not trust to any those forex gurus,none of them helped

    me and I've pay too mutch for their services,all useless.I'd like to learn from you how to

    win in the currency markets.Do I have to be at home all day long to try yours one week

    intensive forex programe?I have day job 8 AM to 6 PM EAST time.I live in Canada and only can

    trade London open session.You are really right about this one,this is Art and Science of

    trading.I see how you are doing this but I do not understand that.Please let me know more

    detals about your service.Thank You.
    Regards,J K
    iCanada






    [09:42:45 24/10/08] Stalion : Helloo everyone

    [09:43:21 24/10/08] djcarlos : HI everyone from Chile in the end of the world 5.32 am here

    [09:44:53 24/10/08] klho83 : helloo stal

    [09:46:06 24/10/08] fxjedi : Diod you get the text alert yesternight,Kloh83

    [09:30:20 24/10/08] fxjedi : am almost 200 pips in profits

    [09:32:58 24/10/08] masif1 :damn i missed the long call last night

    [09:33:15 24/10/08] Stalion : yes I sent out a short call on the cable last nite..anyone

    that got it should write it out

    [09:33:20 24/10/08] masif1 : how many pips did I miss?

    [09:33:48 24/10/08] masif1 : also whay are all the currencies dropped?

    [09:34:05 24/10/08] masif1 :BIG TIME! this morning

    [09:36:27 24/10/08] klho83 : i got with pips.thanks stal

    [10:40:58 24/10/08] fxjedi : okay here's what i got,we put a sell stop on gu @ 16215, 1st

    target @ 16170, sl @ 16291,take half profits wen 20 pips ahead, den shift sl to entry

    [09:42:07 24/10/08] fxjedi : and lucky me, the other pending sell order you said still

    stands kicked in,having like 2 minilots with a trailing stop on,very nice, thanks stal

    [09:45:13 24/10/08] masif1 : whoever took that call would be +700 pips by now

    [09:46:55 24/10/08] masif1 : damn damn damn i missed another one!

    [10:00:58 24/10/08] Stalion : cool

    [10:01:05 24/10/08] fxjedi : i think i should jus go back to bed and sleep, stallion, am

    feeling dizzy,lol

    [10:02:39 24/10/08] masif1 : fxjedi you could retire for the whole month of nov from this

    call alone

    [10:02:55 24/10/08] masif1 : well done guys

    [10:03:21 24/10/08] masif1 : by the way, anyone know what happened?

    [10:04:06 24/10/08] Stalion : not sure,masif...just followed my technical analysis..and

    voila..another one bites the dust..

    [10:05:09 24/10/08] fxjedi : lol stal, in this crazy market, you make it seem so easy,dont

    you think of volatility?

    [10:06:22 24/10/08] Stalion : I do, man...but I follow my trading plan...and plan my

    trading..

    [10:06:49 24/10/08] Stalion : did you put a trailing stop on your cable short, K?



    [10:15:44 24/10/08] skipper : morning- looks like you had a good night!

    [10:16:15 24/10/08] djcarlos : Hi Stal,06.14a.m in chile, still in bed

    [10:17:01 24/10/08] fxjedi : lol,dats the understatement of the day,we had a wild night!


    [10:19:38 24/10/08] didi : morning stal.u guys have good trades this week,unfortunately

    didnt take part in any,
    [10:20:11 24/10/08] klho83 : No.it too fast to reach first target and hit all


    [10:25:44 24/10/08] Stalion : Hi enolase

    [10:27:16 24/10/08] Stalion : to be on the safe side, we put a sell stop on gbpusd @ 1.5430,

    1st target @ 1.5390..stop loss @ 1.5514

    [10:30:01 24/10/08] enolase : helloo all
    [
    10:33:22 24/10/08] klho83 : too fast hit the target !



    [10:34:01 24/10/08] djcarlos : nex target???

    [10:35:02 24/10/08] Stalion : Always remember yourtrailing stops!

    [10:36:17 24/10/08] Stalion : 1.5220

    [10:37:10 24/10/08] Stalion : this is real time trading, guys..no gimmicks..no fluffs..you

    jus gotta be fast in intraday trading..

    [10:38:45 24/10/08] didi : is it too late to enter the trade? was away for a while

    [10:40:58 24/10/08] fxjedi : dunno

    [10:41:47 24/10/08] didi : stal what do u think

    [10:43:14 24/10/08] klho83 : Please send me text,I will away for an hour .thanks Stal..

    [10:43:28 24/10/08] Stalion : Dont Catch Falling Knives

    [10:43:53 24/10/08] skipper : Good call Stalion - took the signal - trailing stop on

    [10:43:59 24/10/08] klho83 : if there is a trade signal..

    [10:45:05 24/10/08] Stalion : you could put a sell stop at 1.5260...didi...

    [10:45:11 24/10/08] Stalion : okay, K

    [10:47:13 24/10/08] fxjedi : Minute chart will be like daychat...as i expected...Whats new to me is that 10 second chart is soon like daychart

    [10:49:21 24/10/08] Stalion : lol...thats volatility for you, mon ami..

    [10:50:01 24/10/08] Stalion : yeah...and due to huge volatility nowadays, a 40 pip stop loss is history...

    [10:50:14 24/10/08] Stalion : thats where risk mgt comes in..

    [10:51:22 24/10/08] Stalion : you gotta use micro lots, if possible, in order to accomodate our larger stop loss,so as to be able to fall within the 2 to 5% risk range

    [10:52:42 24/10/08] fxjedi : Anyone else experiencing heart palpitations? LOL

    [10:52:59 24/10/08] fxjedi : if the ranges get any bigger on my toy, I'm going to need new reading glasses to see the numbers

    [10:55:04 24/10/08] Stalion : lol

    [10:55:56 24/10/08] Stalion : assuming you have a 500 dollar account...what is 2% of 500 dollars,didi?

    [10:56:40 24/10/08] didi : 10

    [11:01:07 24/10/08] didi : am i right stal

    [11:02:24 24/10/08] Stalion : that 2% is what makes you last 50 times in ur 500 dollar account in case of a losing streak...at $10 risk per trade, it falls within that range..

    [11:03:30 24/10/08] Stalion : so in order to accomodate an 100 pip sl, you need not 1 minilot...but 1 micro lot..

    [11:04:48 24/10/08] didi : how much is 1 micro lot

    [11:08:35 24/10/08] fxjedi : i think 1 standard lot is $10, 1 minilot is $1, and 1 microlot is $0.1

    [11:10:03 24/10/08] Stalion : something like that,jedi...depending on the curency pairs...

    [11:11:28 24/10/08] Stalion : so,didi...i know you might think microlots are small..but

    remember forex is not a get quick rich scheme..a $100 profit in 3 mins on a $500 account

    sounds sexy in

    [11:12:36 24/10/08] Stalion : trading...but a $100 loss on a $500 account doesnt...that means you have only 4 trades to go,if on a 100 dollar stop loss...

    [11:15:03 24/10/08] Stalion : see what I meant by not catching falling knives?if you had entered at that time you said you wanted to, price has now retraced upwards like 200 pips..but placing a sell stop at 1.5260 would be more prudent

    [11:31:42 24/10/08] fxjedi : trailing stop cancelled out

    [11:35:11 24/10/08] masif1 : lol

    [11:35:20 24/10/08] masif1 : catching falling knives!

    [11:35:34 24/10/08] masif1 : very good metaphor

    [14:47:08 24/10/08] Stalion : hope you guys made some money from our short gu call...though it hit target lightening fast, it was all good..

    [14:48:22 24/10/08] Stalion : so we see price moving up, so we put a buy stop on GBPUSD @ 1.5688, 1st target @ 1.5755, 2nd target @ 1.5830...3rd target @ 1.5905

    [14:49:13 24/10/08] Stalion : stop loss @ 1.5589..remember ur trailing stops and take half

    profits when +20 pips ahead

    [14:51:24 24/10/08] fxjedi : thanks for the sms,stal,1st target just hit

    [14:57:12 24/10/08] djcarlos : hey, i dont see this alert

    [14:57:18 24/10/08] djcarlos : saw

    [14:57:38 24/10/08] djcarlos : can i enter now???

    [14:59:17 24/10/08] fxjedi : am not sure,djcarlos,i got my alert some fifty minutes ago,so

    my buy stop was already in

    [15:01:14 24/10/08] djcarlos : ok thank, I was enter, and i exit whith 15 pips jeje thanks

    [15:01:16 24/10/08] masif1 : damn another call i missed!

    [15:01:35 24/10/08] masif1 : that's 3 very profit making calls today which i missed Sad

    [15:02:38 24/10/08] fxjedi : sorry

    [15:04:01 24/10/08] fxjedi : i only wonder how stallion does it,everywhere in

    chaos,volatility breaking up traders accounts,but this guy is busy declaring profits

    consistently,funny

    [15:04:04 24/10/08] djcarlos : How can I get a SMS???

    [15:04:50 24/10/08] fxjedi : 2ndtarget hit



    [15:08:51 24/10/08] klho83 : Closed 135pips for the 3rd target!

    [15:08:59 24/10/08] djcarlos : now is going down, catch the knife???

    [15:09:48 24/10/08] klho83 : Best trade for the week! Thanks Stal!

    [15:10:50 24/10/08] djcarlos : How can I get sms?? to dont miss other alert?

    [15:13:16 24/10/08] fxjedi : 3 winning trades in a row in just 1 day? thats a HATRICK

    [15:14:12 24/10/08] djcarlos : jaja congratulations

    [17:20:19 24/10/08] fxjedi : am withdrawing some of my profits from my forex broker first

    thing monday morning

    [17:22:19 24/10/08] djcarlos : nice

    [17:27:39 24/10/08] fxjedi : just dont want to tempt my broker,lol

    [17:28:56 24/10/08] djcarlos : ok. thanks

    [20:24:06 24/10/08] Stalion : 3rd target finally hit




    http://news.yahoo.com/s/ap/20081024/...re/wall_street

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