Staedtler wrote:EJ broke the 240, should we start looking for some serious pullback ?
I will be adding on any pullback... remember just a couple of weeks ago the E/J did a 600 pip day.... I do have TP area's but I restock on any pullback in the 1 minute TF... EUR and US sessions are still ahead of us...
example for me is I will restock at 122 and 121.70-80 areas....
Last edited by TraderDesk on Thu Apr 04, 2013 6:43 am, edited 1 time in total.
Staedtler wrote:EJ broke the 240, should we start looking for some serious pullback ?
I will be adding on any pullback... remember just a couple of weeks ago the E/J did a 600 pip day.... I do have TP area's but I restock on any pullback in the 1 minute TF... EUR and US sessions are still ahead of us...
oh crap i forgot about EU and US sessions.. we haven't even started the new day yet. good thought, thanks for that
If price goes back below a line reset the line with a pending order. This is a once every 5 year opportunity here. I have not seen this since Oct. 2008. I never thought these runs would end, Wasnt on the right side then. Just remember price aint going back anytime soon. Except maybe the euro. That is another story for another day though.
my stupid email was not updating me of when new posts were being added here.. i missed out on almost 2 days of updates you guys were posting.. i would have started my week a lot better if i had seen what you guys were watching. i was down only 70 pips though this week until tonight, so it's cool. i'll just have to manually check the forum from now on
Staedtler wrote:my stupid email was not updating me of when new posts were being added here.. i missed out on almost 2 days of updates you guys were posting.. i would have started my week a lot better if i had seen what you guys were watching. i was down only 70 pips though this week until tonight, so it's cool. i'll just have to manually check the forum from now on
Bob is your guy to watch... His system and his methods work very well...Glad to hear your on the trades today...
What I did was TP all but 1 or 2 levels of each trade. I then set new buy limits on the line below and buy stops next level above. This will keep my multiple levels going and reenter the market if price keeps moving. My TP are now based on highs on the daily chart.
Staedtler wrote:my stupid email was not updating me of when new posts were being added here.. i missed out on almost 2 days of updates you guys were posting.. i would have started my week a lot better if i had seen what you guys were watching. i was down only 70 pips though this week until tonight, so it's cool. i'll just have to manually check the forum from now on
Bob is your guy to watch... His system and his methods work very well...Glad to hear your on the trades today...
Guaranteed. Looks like this is the place to be huh ? very intelligent people here, it's a radical change from FF
nanningbob wrote:What I did was TP all but 1 or 2 levels of each trade. I then set new buy limits on the line below and buy stops next level above. This will keep my multiple levels going and reenter the market if price keeps moving. My TP are now based on highs on the daily chart.
nanningbob wrote:TO many of you that is all jibberish and I couldnt explain it in a thousand years. The bottom line is, we are going to depreciate the currency until we get a 2% or greater inflation rate. NO MORE DEFLATION is the motto of the day. So set your pending buys and ride the wave.
Several hundred pips later and an increase in the balance of over 10% later...............
Thanks Bob. Nice one.
Read the effing manual, ok?
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