Review Of Strategic Tips on Forex Signals In Forex Forum
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Helloo Folks,
We thank God for bringing us to the begining of another brand new week and we give Him the glory in ALL things.. This is Stallion,veteran forex trader and mentor. I would be reviewing strategic tips on how the major currency pairs can be milked. Though I specialize in gbpusd, other pairs would also be taken into consideration during our analysis. It has been theorized that your state of mind will dictate your trading methods. Experts in the field of trading psychology have pinpointed three main states of mind and how each has a direct effect on a trader's profitability. These three mind states are "having", "doing" and "being". Psychologists have noted that those new to trading start with a "having" state of mind. As they gain more experience, they move on to a "doing" state of mind. The pinnacle of profitability occurs when a trader moves into the last and final "being" frame of mind. The "Having" Mind Set A novice trader may focus primarily on profits. In this "having" state of mind, they are out of sync with the markets. They are blinded by their obsession to obtain the all mighty dollar and what it can afford them. Trading is not viewed as a job that must be mastered, but as a vehicle to escape from a world of mediocrity. Many traders are in the business to make money, as well as they should be. However, if they are blinded by greed, they tend to take uncalculated risks. Looking at the potential payoff without carefully calculating market trends and other factors is a recipe for disaster. It is impossible to graduate to a high performance level when you concentrate on "having" instead of how the game is won. If you trade in a "having" frame of mind, you may become frustrated when profits are not immediately forthcoming. With frustration comes a lack of focus. Without the ability to focus, you cannot gain knowledge from your experience on the trading field. Other negative consequences of this mindset are feelings of frustration and anger. Frustration stemming from a lack of expected profits and anger directed at oneself or the market in general. These adverse emotions will only cause further decline in profitability. Without witnessing gains from one's efforts, an individual may not give their best and may be tempted to "throw in the towel". The "Doing" State of Mind If an individual continues on to trade another day, they will eventually move from a "having" to a "doing" state of mind. Learning that there is more to trading than the amassing of money, a trader will turn their focus on learning new methods of trading and what does and doesn't work. This state of mind is still primarily centered on how to turn a profit. Although a "doing" mind state is essential to becoming a seasoned adept trader, the main focus is still short of the mark. It is crucial to know what works and what doesn't. However, a skilled trader will tell you there is more to the business then choosing one method and using it arbitrarily to make trades across the board. Becoming a trader of means requires not only a winning attitude, but also a fine honing of trading skills. To develop these skills, you must make trades using various methods under a wide spectrum of market conditions. Only then can you develop the needed intuition to master the art of trading. Pinnacle of Profitability: The "Being" State of Mind A successful trader almost instinctively knows how to make a trade using the best method available for the current market trend and/or condition. This ability does not occur overnight. It is only accomplished through perseverance, knowledge of various trading methods and learning which one works given a particular market condition. No trade is ever a "sure thing". However, a profitable synchronicity almost naturally occurs when you are faced with a potential trade, have a feel for the current market trends and conditions, and utilize the method best suited for a potential payoff. This "being" state of mind ultimately lends itself to long-term success in the high stakes of trading. Our last target on Friday (1.5905) was finally hit, which in itself , was the 60% SELL WINDOW of the previous trend..I know..I know...everyone says we should sell during price rallies( rise) when the trend is down but we bought...and 217 pips came out of that decision. Now as the time of writing,(5.50 GMT Sunday), price on the GBPUSD 15min closed on Friday with a bearish candle.. Observe that that close(1.5903) was at the region of the 60% SELL WINDOW, which usually foretells a turnaround in price...which, in this case, pausing from its prevailing uptrend to a much probable downtrend. But the question is ''HOW FAR IS PRICE GOING ON ITS PERCIEVED BEARISH MOVEMENT? We've, to a considerable extent, determined the direction of GBPUSD on the 15 minute chart, as bearish...so now, we are looking at HOW FAR this bearish move might likely go..That is the essence of the CHART PATTERN RECOGNITION AND PRICE PROJECTION STRATEGY. That , my friends, is what we term the ''60% Beethoven Cantata in B Major''.. Those numbers, 1-2-3 was observed to continue and recur upwards in the prevailing uptrend...so we extrapolate them on our next anticipated downtrend... ![]() High=1.6326-Low 1.5262=0.1064 0.6*0.1064=0.06384(range) 1.5262+0.06384=1.5900 ( 60% sell window). high 1.5943 - low 1.5747= 0.0196 0.6*0.0196=0.01176(range) 1.5747+0.01176=1.5865(60% window) 1st target to the downside.. 2nd target @ 1.5666...3rd target @ 1.5523.... In less than 4 hours from now, the forex markets will open, with the Asian Session leading the pack..Only time would tell if our targets are hit...Remember there's no 100% perfection in the markets..Anything can happen..thats why proper risk management is important.. Proper money management dictates we fix our stop loss above the high of 1.5943, when going short(selling).tHats like 40 pips above the close of 1.5903. A bearish gap to the downside might also likely form at the opening bell which shows oversold orders pouring in the markets.. Please feel free to make any comments or ask questions.. |
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1.5933 is a significant resistance because it is the current MAJOR HIGH...Price needs to break above that level to confirm a bullish trend. Can you please tell us your reasons for going long at 1.59? ![]() This is like a case study of different traders with different bias (long and short).. At that 1.59 level, you were in favour of a buy position while I was in favour of a sell position..For me, that level was SELL WINDOW in which my bias would be short...Even if I want to go long, I would have gone for the first pyschological level @ 1.5940...which gave strong resistance,before price started retracing downwards..1.595 would be pushing it when price is already giving signals its overbought and at the sell window.. Well, we all learn everyday,mon ami.. Can you tell us the reasons you took a long trade instead of a short,willaballa?Did you notice the bearish gap? Quote:
Cantata In B Major'' call...extra 200 pips were left hanging on the table.. ![]() Quote:
[08:17:17 27/10/08] klho83 : Hi stal [08:20:45 27/10/08] Stalion : Hi K [08:21:14 27/10/08] Stalion : morning agba...monkeymagic [08:21:26 27/10/08] monkeymagic : hi stalion [08:22:46 27/10/08] Stalion : hope you guys took our short call yesterday...from 1.59...price went down a huge drop by +400 pips.. [08:23:56 27/10/08] monkeymagic : I have been following recent activites & keen to get involved [08:24:22 27/10/08] monkeymagic : don't really know what I'm doing though [08:24:40 27/10/08] Stalion : cool [08:25:11 27/10/08] Stalion : how long've you been trading? [08:25:43 27/10/08] monkeymagic : I've been running a demo account and tried a couple of EAs [08:25:57 27/10/08] monkeymagic : no live stuff yet [08:29:28 27/10/08] Stalion : we put a sell stop on GBPUSD @ 1.5426...1ST TARGET @ 1.5370...2nd target @ 1.5305...3rd target @ 1.5260 [08:29:51 27/10/08] Stalion : okay... [08:30:07 27/10/08] monkeymagic : sounds good [08:32:23 27/10/08] Stalion : any strategy that ur using presently? [08:32:55 27/10/08] monkeymagic : no [08:33:08 27/10/08] monkeymagic : Im pretty green at trading [08:34:05 27/10/08] monkeymagic : this might be a silly question - but do you have to do three different order for the targets [08:35:06 27/10/08] Stalion : well, no question is silli,mm...especially in trading.. [08:35:41 27/10/08] Stalion : for 3 targets, you close a third (1/3) of your original position [08:36:02 27/10/08] Stalion : for 2 targets, you close half of original positions... [08:37:30 27/10/08] monkeymagic : great thanks for that [08:48:20 27/10/08] klho83 : Hi stal Where is the SL for GU [08:48:22 27/10/08] Stalion : sell stop triggered [08:50:05 27/10/08] Stalion : stop loss @ 1.5500 [08:51:04 27/10/08] klho83 : Thanks ! [08:56:05 27/10/08] skipper : Morning everyone [08:56:43 27/10/08] Stalion : please take a third(1/3) profit when +20 pips ashead... [08:57:00 27/10/08] Stalion : and shift stop loss to entry point ![]() [13:08:20 27/10/08] Stalion : so skipper, how long have you been trading? 2yrs? [13:09:07 27/10/08] skipper : Hi Stalion - just over a year now & it's been a bumpy ride. [13:09:43 27/10/08] djcarlos : I have been 3 years, but I was lost in 2 times... but now with the alerts... im going well [13:13:32 27/10/08] Stalion : what are the particular challenges you guys are facing in trading???where would you like to become better? [13:14:19 27/10/08] skipper : I have trouble deciding on entry points. [13:14:41 27/10/08] skipper : I seem to have the right idea, but always a bit early in. [13:15:16 27/10/08] skipper : But I am getting better - just have to be more patient [13:16:18 27/10/08] Stalion : Timing of entries is one of skipper's challenges...like every other trader... [13:16:29 27/10/08] Stalion : dj? [13:16:32 27/10/08] enolase : Fibonacci is something I would really want to learn [13:16:48 27/10/08] enolase : so as to be able to get in on retracements [13:16:56 27/10/08] Stalion : enolase? [13:17:03 27/10/08] Stalion : ohh,okay [13:17:37 27/10/08] enolase : Friday was one of the few times i was able to plot and enter at 38.2 retracement on EURJPY that gave me80 pips in profit [13:18:08 27/10/08] enolase : but i have never been able to determine properly where to start the plotting of the Fibo lines from [13:18:18 27/10/08] enolase : using my chat software [13:18:39 27/10/08] enolase : sorry i mean using my MT4 chart Fibo tool [13:20:37 27/10/08] enolase : if i can determine exactly where to start the plotting from so one can re-enter on a 50% or 61.8% Fibo retracement level, it will really enhance my trading [13:26:43 27/10/08] Stalion : fibo's not that hard,enolase...but it will take a little time before you can get used to practicing it [13:39:13 27/10/08] Stalion : djcarlos...? any forex challenges or problems you want to overcome? [13:41:07 27/10/08] djcarlos : yes, I want to start to learn about ways to determine entry points... in technical and fundamental analisis [13:42:10 27/10/08] skipper : same here [13:42:45 27/10/08] djcarlos : I have the knowledge, but i must practice [13:43:55 27/10/08] enolase : Stal, do we have a potential double bottom forming on the 1hr chart of EURJPY? [13:48:51 27/10/08] enolase : and what is this talk of a Yen Intervention? [14:01:37 27/10/08] Stalion : yea...practice makes perfect,dj [14:02:27 27/10/08] Stalion : even with all d knowldge and skills in ur disposal,if you dont practice daily, its wasted.. [14:04:45 27/10/08] Stalion : sorry, mate....that double top on the EURJPY looks weak...kind of sliding price down to the right [14:05:01 27/10/08] enolase : yes [14:05:44 27/10/08] djcarlos : thanks........ Im looking Eur/Jpy chart, and it could be interesting sell order.... what do you think??? [14:06:54 27/10/08] enolase : of course there are rulesfor entering based on double top: placing a pending order at the "neck" [14:07:00 27/10/08] enolase : the neck is still over 300 pips northwards [14:09:21 27/10/08] Stalion : it would have been a 1-2-3 bottom but the recent low at 9 a.m this morning breached the previouslow that was there at 113.77 [14:17:28 27/10/08] Stalion : price is moving rather slow... [14:21:21 27/10/08] Stalion : I suggest a break ...from the screens...we come back in a hour's time or so...so we put a sell stop @ 113.60...1st target @ 113.10..on the EURJPY...GBPUSD has more upside momentum than EURJPY...yen is just lagging behind... [14:22:21 27/10/08] Stalion : maybe cable might give yen some added lift? [14:28:09 27/10/08] Stalion : a breach above the high of 116.83 would foretell a bullish move [14:30:28 27/10/08] Stalion : cool [14:31:30 27/10/08] Stalion : that could mean the formation of the 1-2-3 pattern [14:36:43 27/10/08] djcarlos : its ready the entry order [14:36:55 27/10/08] djcarlos : im waiting [15:18:31 27/10/08] Stalion : We also put a pending buy stop order on EURJPY @ 117.10,1sttarget @ 118.00, 2nd target @ 118.95...3rd target @ 120.53...stop loss @116.10 [15:19:02 27/10/08] Stalion : this ensures we catch any surprise bullish move to the north [15:54:12 27/10/08] enolase : hi people [15:55:42 27/10/08] djcarlos : Hi did you see the alerts?? [15:56:53 27/10/08] enolase : yes [15:56:58 27/10/08] enolase : the GU trade has triggered [15:57:55 27/10/08] enolase : so we watch it [15:58:58 27/10/08] skipper : Missed the alert - where was it? [16:00:28 27/10/08] djcarlos : Enolase... you will open the GU alert again?? [16:00:33 27/10/08] skipper : sorry - being stupid - I did see it! [16:00:40 27/10/08] skipper : Have short on [16:06:20 27/10/08] enolase : The ECB President has just hinted on a rate cut at the next meeting! [16:07:42 27/10/08] djcarlos : what that means??? [16:07:52 27/10/08] djcarlos : GU is going down?? [16:19:31 27/10/08] enolase : we got stopped out [16:20:02 27/10/08] enolase : and the market seems headed in a range bound direction. so i'm taking a break [16:26:34 27/10/08] djcarlos : mmmm i was open again the alert... bad idea.. [18:45:17 27/10/08] djcarlos : HI good news 1st target of 118.00 was hit.... thanks Stal 100 pips in the badge [23:37:50 27/10/08] Stalion : cool,djcarlos [23:39:11 27/10/08] Stalion : 377,44,and 90 pips netted us a total of 511 pips,$511 minilot..$5110 standard lot on Monday ![]() |
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resistance at 1.5890...it was just a challenge of targets and exits,dats all...Like you rightly said, 30 pips is okay for a trade,especially if you multiply it by multiple lots..2 minilots would be like 90...4 minilots like 120... You just need to believe more in yourself and your strategy in order to have the confidence to make successful trades...Its only a matter of time...you'll get there,as long as you strive to be better than who you were yesterday.. As I write, the next alert is on the last segment of the chat.. P.s- Trading is not 100% perfect neither is it cast in brick and mortar...price might still go down instead of up, so please use proper risk management. Quote:
Well, if you are looking for forex resources, you can check at babypips for some introductory stuff...Then maybe go through Technical Analysis of the Financial Markets by John J Murphy, and the Candlestick Course by Steve Nison..That should help for a start.. [08:25:01 28/10/08] monkeymagic : morning skipper [08:56:28 28/10/08] skipper : morning everyone [08:59:18 28/10/08] monkeymagic : hows everyone going with their trading? [09:00:25 28/10/08] djcarlos : HI everyone from chile, 05:00 here [09:01:00 28/10/08] monkeymagic : djcarlos - you must be keen [09:02:00 28/10/08] monkeymagic : its 9.00pm in New Zealand [09:02:42 28/10/08] skipper : 8am UK - any alerts today guys? [09:03:32 28/10/08] monkeymagic : I haven't seen any [09:05:44 28/10/08] djcarlos : somebody wake up me when the alert is ready [09:05:56 28/10/08] monkeymagic : lol [09:06:00 28/10/08] djcarlos : jeje [09:09:53 28/10/08] Stalion : helloo everyone.. [09:10:00 28/10/08] skipper : morning stal [09:10:25 28/10/08] djcarlos : good night yet here jeje! [09:10:44 28/10/08] klho83 : hi gm all! [09:11:38 28/10/08] Stalion : hope you'all had a good night rest..... [09:12:34 28/10/08] Stalion : did anyone take the EURJPY trade yesterday? [09:13:10 28/10/08] skipper : yes - thanks [09:13:31 28/10/08] klho83 : No [09:14:03 28/10/08] monkeymagic : that would have been in the middle of the night for me [09:14:19 28/10/08] Stalion : we put a buy stop on the GBPUSD @ 1.5570...1st target @ 1.5618.. [09:15:56 28/10/08] Stalion : 2nd target @ 1.5668...sl @ 1.555520 [09:16:19 28/10/08] Stalion : sory, 1.5520 [09:16:50 28/10/08] skipper : OK Stal [09:18:25 28/10/08] Stalion : [15:18:31 27/10/08] Stalion : We also put a pending buy stop order on EURJPY @ [09:18:36 28/10/08] Stalion : 117.10,1sttarget @ 118.00, 2nd target @ 118.95...3rd target @ 120.53...stop loss @116.10 [09:19:32 28/10/08] Stalion : 343 pips total was made again, on EURJPY...if your buy stop was in place ![]() [09:22:16 28/10/08] skipper : OK Stalion - Than you [09:22:40 28/10/08] djcarlos : Hit first trget GU.. its ll going up??? [09:22:49 28/10/08] Stalion : 1st target hit @ 1.5618 on the gbpusd... ![]() [09:24:15 28/10/08] klho83 : 50% [09:26:00 28/10/08] Stalion : am sorry it went too fast [09:26:36 28/10/08] Stalion : you can reenter if you didnt get the 1st chance [09:27:06 28/10/08] djcarlos : its falling [09:27:15 28/10/08] Stalion : can klho83 explain how he allocates percentages to his minilots?? [09:28:26 28/10/08] Stalion : then reenter with a buy stop at 1.5580 [09:28:58 28/10/08] Stalion : coz price will still move up, under normal market conditions [09:30:59 28/10/08] klho83 : 4 mini lots. 2 (50%) set at 1st target,1(25%) set at 2nd target and last 1(25%) 3rd target with trailing [09:41:42 28/10/08] Stalion : thanks, K [09:42:38 28/10/08] klho83 : Add 2 minilots at the entry pts ,hit again [09:42:44 28/10/08] Stalion : cable proceeding steadily upwards to our 2nd target [09:44:19 28/10/08] Stalion : Eno was right...the double bottom on the EURJPY was an accurate one... [09:51:22 28/10/08] Stalion : did you enter our gu trade? [09:51:51 28/10/08] skipper : yes - thanks [09:52:28 28/10/08] skipper : & have made the entry order on EUR/JPY [09:52:29 28/10/08] Stalion : no probs.... [09:52:35 28/10/08] Stalion : kiwi?? [09:52:46 28/10/08] skipper : looks like cable is coming down now [09:53:26 28/10/08] skipper : but pips from 1st target in the bag! [09:54:31 28/10/08] Stalion : after price gets to 1st target or even just +20 pips in our favour, we then adjust our stop loss upwards to our entry level point...dat ensures we get out with little or no loss when price retraces against our position....remember half profits would have been taken then [09:54:44 28/10/08] monkeymagic : I tried to make trade - but got an error [09:55:29 28/10/08] skipper : Yes - I moved sl to entry - so not losses! [09:57:14 28/10/08] djcarlos : GU it still going up???? because i dont get the pips of 1st target [09:57:14 28/10/08] skipper : OK - closed out now [09:58:14 28/10/08] Stalion : the EURJPY call was for yesterday....skipper...price needs to drop down to 116.83 before going back upwards... [09:58:50 28/10/08] Stalion : did you factor that info in with our original entry order on the EURJPY? [10:00:46 28/10/08] skipper : Stal I have adjusted pending buy order accordingly. Thanks for checking! [10:01:52 28/10/08] djcarlos : waht is the new entry @ for eur??? [10:04:37 28/10/08] Stalion : it might be better to put a buy limit on the EURJPY @ 116.83...OR wait for price to breach 116.83 first before placing a buy stop on it....sl @115.85 [10:05:26 28/10/08] Stalion : or just stick with our original entry point of yesterday [11:55:23 28/10/08] djcarlos : Klho83 I have a question, if the SL if far than 1st target, the loose 50% it will make a lost position [12:03:09 28/10/08] skipper : dj when 1st target is hit - move sl to breakeven for the remaing 50% of your trade. [12:03:25 28/10/08] skipper : That way you bag the money on first target [12:03:43 28/10/08] skipper : then if you let the rest of your trade run, you can not go wrong [12:04:32 28/10/08] skipper : worst case scenario - you have profit from 1st target getting hit - then market moves in opposite direction & your stop gets hit at zero. [12:04:44 28/10/08] djcarlos : ahh!! ok if I hit the first target, i would have move my SL to the hit... ok thats good [12:05:13 28/10/08] skipper : No don't move sl to hit - move sl to entry point [12:06:16 28/10/08] djcarlos : ok sorry... yo entry point... thanks it very good technics [12:06:42 28/10/08] skipper : ok - it works well [12:09:04 28/10/08] djcarlos : what do you think for the cable to Eur/Jpy.... its will be had results?? [12:10:27 28/10/08] skipper : I only study cable - CBI results just out were better than expected - very surprising [12:11:19 28/10/08] skipper : although they haven't caused any movement as such [12:17:48 28/10/08] caprica1 : morning everyone. How goes it? [12:19:37 28/10/08] skipper : I re-entered on the cable long & got 100 pips - thanks stal! [12:37:51 28/10/08] caprica1 : Anything for this morning so far? [12:41:05 28/10/08] klho83 : Yes, GU hit all target! ![]() [12:43:27 28/10/08] caprica1 : kool! Plenty of pips then? [12:43:40 28/10/08] klho83 : Another pending order but i don't think to EJ wu come to the price: [12:44:01 28/10/08] djcarlos : congratulation, i had a mistake and dont win [12:44:02 28/10/08] klho83 : EURJPY @ 116.83...OR wait for price to breach 116.83 first before placing a buy stop on it....sl @115.85 [12:47:21 28/10/08] caprica1 : yeah it's quite long way away from the entry at the moment. [17:41:47] Stalion : hope you made some money off our gbpusd and eurjpy call? [17:43:22] Stalion : we put a buy stop on GBPUSD @ 1.5620...1st target @ 1.5655...2nd target @ 1.5670 ![]() Last edited by forexgreenland : 10-29-2008 at 03:33 AM. |
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Thank You Very much for share this interesting Strategy.
Btw Can you help me with this : "high 1.5943 - low 1.5747= 0.0196 0.6*0.0196=0.01176(range) 1.5747+0.01176=1.5865(60% window) 1st target to the downside.." From where you pick it up 1.5747 ? Thank you before that. Nice Strategies i like it, Simple System like this because i now simple is better & more profitable. All The Best; Manus168 Re:Keeping It Simple Smarty(KISS) is a great way of becoming better and profitable in trading,especially when you dont clutter your charts with a map of indicators and objects,Manus...1.5747 was the low of that trend, which was subtracted from the high of the trend.Thanks, mon ami... Submitted by Qais on October 27, 2008 - 15:21. Hello, I just caught a glimpse of the above article and I would like to thank you for such a simple & lucent summary of what trading is all about. You have indeed put it in a nutshell. May God reward you for your kindness and goodwill. Grace & Peace Qais Re:Thanks,Qais...Just continue 'glimpsing' the thread and more insights shall come..May The Force Be With You.. Hi Mr. ForexGreenland, I was reviewing your input at the Informed Trades Website and was very impressed with your contribution. I started Forex this year using the algorithms of the red and green lights and losing. Lately I became curious and encouraged to attempt learning candlestick reading and the variables that go along with it. I am writing to get help from you to stir me on the right course at the start. Don't want to get into bad habits. Could you send me some beginning basic information and or videos that helped you. Thanks, Karen Re: From your mail,Karen, you give the impression of being a left brained trader, with words like ''algorithm,variables,etc..''standing out in your comments.. You see, a left brain type is stronger with figures,analytics,etc,while a right brained type is more in tuned with words,abstracts,etc.. The candlestick reading involves identifying, interpreting and taking advantage of chart patterns, in which it is quite subjective..like 2 different traders coming across a chart pattern and reaching different conclusions..this is more discretionary trading than mechanical.. anyways,to avoid bad habits, you strive to do the opposite of that which you term ''bad habits''...for Nature habours a vacuum...like if you are fond of placing trades without a stop loss, then you do the opposite and fix your stops while placing your trades,etc.. to be sincere,what helped me along the terrain of this frontier were books/videoes that were bought...AND practiced. You can read all the books and videos on golf,but ..if you are not applying them on the fields or trenches, they might not do much in effectiveness to making you a top player in the Grand Slam...so tell me...What is your objective...in trading? [17:41:47 28/10/08] Stalion : hope you made some money off our gbpusd and eurjpy call? [17:43:22 28/10/08] Stalion : we put a buy stop on GBPUSD @ 1.5620...1st target @ 1.5655...2nd target @ 1.5670 [18:02:34 28/10/08] djcarlos : !!!!!!!! Shocked what happen with GU..... extreme fall [18:21:03 28/10/08] masif1 : s/l? [18:21:53 28/10/08] djcarlos : did you know that GU was fall??? [18:22:11 28/10/08] djcarlos : Stalion said??? [19:10:22 28/10/08] djcarlos : GU entry was hit [19:22:10 28/10/08] djcarlos : cheers 1st target hit [19:22:57 28/10/08] djcarlos : 2nd target too .... Thanks Stal... good trade [01:34:09 29/10/08] Stalion : well done, djcarlos...we did it again [01:35:10 29/10/08] Stalion : though we made 50 pips, $50 minilot,$50 standard lot on the GBPUSD... ![]() [01:38:06 29/10/08] Stalion : funny though...we were going for 50 pips off the Buy Window, instead 400 pips were made [01:38:22 29/10/08] Stalion : or more... [01:43:02 29/10/08] Stalion : so as at 1a.m this wednesday morning,price has made a new high @ 1.6113 but retracing slowly downwards.......so where is it going? [01:43:29 29/10/08] Stalion : 3 answers [01:44:51 29/10/08] Stalion : 1 Price going for new highs by breaking the recent high of 1.6113? [01:46:13 29/10/08] Stalion : 2. Price retracing from its recent high to the 30& buy window? 60% buy window? sell window? [01:47:11 29/10/08] Stalion : 3. Price making a consolidation range into the London Session? [01:48:54 29/10/08] Stalion : Read those answers again...ask yourself some questions...then check the charts [01:49:45 29/10/08] Stalion : Now ask yourself... [01:50:51 29/10/08] Stalion : what possibilities exists for any of the 3 answers to be turned into financial opportunity? [01:54:49 29/10/08] Stalion : For I to exist, a buy stop above the high of 1.6113 to a 1st target of 1.6155 upwards ? [01:56:53 29/10/08] Stalion : For 2 to exist, a sell stop below the recent low at 1.6024,for a 30% buy window of 1.5891? [01:59:05 29/10/08] Stalion : or a sell stop below the recent low at 1.6024 (1.15 Nigerian Time), for a 60% buy window of 1.5758..or just take both as targets? [02:09:20 29/10/08] Stalion : For 3 , we stay aside... ![]() [02:10:20 29/10/08] Stalion : guess what...guys...Number 2 might be the most probable one , with 2 targets..on the downside [02:10:39 29/10/08] Stalion : only time will tell [02:12:09 29/10/08] Stalion : stop loss for 2 option is 1.6070 [02:16:36 29/10/08] djcarlos : Hi Stal [02:17:08 29/10/08] djcarlos : I make de Entry orders [02:18:28 29/10/08] Stalion : cool [02:19:28 29/10/08] djcarlos : Im always ready, dont matter the time [02:20:57 29/10/08] Stalion : what time is it, in Santiago, Chile? [02:22:09 29/10/08] djcarlos : here is 22:20 hrs.... when you trade in the morning here is 05:00... and I trade from my bed Sleep [02:22:31 29/10/08] iykeman2008 : nope stall [02:23:03 29/10/08] iykeman2008 : i asked you guys som question yesterday and i am yet to hear from u [02:23:05 29/10/08] Stalion : hmmmm.... [02:23:29 29/10/08] djcarlos : it exist posibilities of fall of GU?? [02:23:40 29/10/08] Stalion : price is at 1.6022 as we speak....about to resume its decline [02:24:25 29/10/08] djcarlos : the entry point was hit [02:24:52 29/10/08] Stalion : 1.6019 now [02:28:05 29/10/08] Stalion : Gentlemen, we are commencing the DISSECTION OF THE HIGH [02:29:26 29/10/08] iykeman2008 : 1.6010 now [02:30:19 29/10/08] Stalion : hope you are ready [02:32:45 29/10/08] djcarlos : hell yea!!! I listened that in WWF jeje!! Very Happy [02:36:25 29/10/08] djcarlos : I learned to use the tecnical of target 50% 25% 25% [02:41:32 29/10/08] Stalion : cool [02:44:36 29/10/08] Stalion : from klho83? [02:47:23 29/10/08] Stalion : its a nice risk management strategy [03:08:28 29/10/08] Stalion : hmmmm.....gbpusd pip spread is now 6 pips at alpari...3 pips more than the usual spread of 3 pips [03:09:36 29/10/08] djcarlos : my broker has 10 pips of spread [03:10:54 29/10/08] iykeman2008 : k [09:04:37 29/10/08] alanlewis : 48 pips off gu trade so far. ![]() [09:19:38 29/10/08] caprica1 : morning everyone [10:09:49 29/10/08] masif1 : saw the buy from yesterday afternoon hit its 2nd target [10:09:55 29/10/08] masif1 : well done [10:33:57 29/10/08] djcarlos : the sell GU alert of the night hit 1st target, about 44 pips [10:36:00 29/10/08] djcarlos : was good [10:36:09 29/10/08] klho83 : no . Not yet dj [10:37:55 29/10/08] djcarlos : yes, im closing that the sell signal of 02:00am [10:39:01 29/10/08] djcarlos : somebody will open buy stop at 1.6113? [11:01:53 29/10/08] Stalion : hi everyone [11:09:29 29/10/08] Stalion : our first call on cable,50 pips or so, was hit yesterday evening.... [07:38:28 30/10/08] djcarlos : Hi 03:37am in chile... I dont want to sleep any more, I only want to trade, Razz regards |
The Dragon Fist
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Good evening,Ladies and Gentlemen,
Hope you'all having a lovely weekend...? As at 10pm Nigerian time, we await the opening bells of the Asian Session in which the GBPUSD(cable) closed on a bearish note last week Friday..Our stop loss was put at the recent high of 1.6164,which was the most recent intermediate high..Price would have to breach that resistance level, a few inches below the DRAGON FIST.. in order to confirm a bullish drive.. [11:11:38 31/10/08] Stalion : so we put a sell stop on gu @ 1.6100...1st target @ 1.6045...2nd target @ 1.5975...sl@ 1.6185 Rumours of Bank Of Japan's(BOJ) intervention to sell Japanese yen in the markets so as to reduce the value of the yen, might see it decline against major pairs.. Now where do we think GBPUSD is going? Up? Down? Sideways Consolidation? Well, the last complete candle to the right was a bearish one...and the most recent incomplete candle, in which price pierced the low of the last complete candle, also suggests a bearish note... But I could hear someone bluster..''But Stallion, isnt price at the 60% buy window?shouldnt we expect price to go up, instead of down? Well, from the way I see it, price should be ready to be retracing back up..but it met the DRAGON FIST...If the market opens with a bearish gap today, there's a very good chance of it reaching for our 3rd target point of 1.5922 ![]() 1.6252-1.6033=0.0219 1.6141-0.0219=1.5922( 3rd target point) Only time will tell if our trade call is correct...Remember dont try this at home...dont try the DRAGON FIST at home... |
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Quote:
about TIMING OF THE ENTRY than exits..though but are quite important.. Quote:
Quote:
The only ''Holy Grail'' of trading,where you never lose a single trade is non existent..except the one you see when looking at the mirror..YOU are the ''Holy Grail''.. Quote:
[02:39:37 03/11/08] Stalion : hello djcarlos [02:41:38 03/11/08] Stalion : price didnt continue its downard movement...rather it complied with the 60% buy window and went bullish..so for now,the 60% window is more potent and time efficient than the DRAGON FIST in intraday trading ![]() [02:42:45 03/11/08] Stalion : so we put a buy stop @ 1.6200...1st target @ 1.6255..2nd target @ 1.6320.. [02:44:05 03/11/08] Stalion : sl@1.6155 [03:57:50 03/11/08] djcarlos : I dont made the entry because i dont was conected.... please Stal.... remember send a text plase [03:57:55 03/11/08] djcarlos : please [03:58:16 03/11/08] djcarlos : It was a very good trade.... [03:58:44 03/11/08] djcarlos : congratulation, but I miss it [06:54:19 03/11/08] enolase : hi everyone [06:54:47 03/11/08] enolase : prices were rangebound on Friday, and I should have put a pending order on the north side [06:55:06 03/11/08] enolase : but i didn;t and i equally missed the trade alert [06:55:41 03/11/08] enolase : but a good call. ![]() [08:05:59 03/11/08] enolase : a platform i am trading on has increased the GU spread this mprning to 16pips [08:16:12 03/11/08] enolase : noticed it in a GU trade i took this morning. I wonder what it will be like on the day of the BoE interest rate decision [08:56:02 03/11/08] klho83 : Missed!! [10:04:39 03/11/08] Stalion : missed?? [10:04:46 03/11/08] Stalion : hello everyone [10:06:43 03/11/08] Stalion : 120 pips,$120 minilot,$1200 standard lot was made on the long gu call.. [11:28:15 03/11/08] Stalion : so..any guesses where gu is going,guys? [11:30:33 03/11/08] enolase : GU is hovering around the 50% Fibo leve; [11:30:38 03/11/08] enolase : so I say it will rebound upwards [11:30:50 03/11/08] enolase : i'm hoping i plotted it right [11:31:39 03/11/08] enolase : but of couse we watch the charts and see the candle patterns that play out [11:32:14 03/11/08] enolase : but for now, it may rebound at least towards the middle Bollinger [11:36:28 03/11/08] Stalion : so we put a buy stop @ 1.6230.. [11:37:08 03/11/08] Stalion : 1st target @ 1.6279 [11:37:17 03/11/08] enolase : so Stal, WHAT SAY YE? [11:39:20 03/11/08] Stalion : sl @ 1.6200 [11:39:40 03/11/08] enolase : Ok, so u agree it's going north? [11:41:26 03/11/08] Stalion : only time will tell.. ![]() ![]() [23:17:41 03/11/08] Stalion : the Dragon Fist eventually came down much lower than our 3rd target of 1.5922,from our sell stop of 1.6100,which brought us a total of 178pips+120pips-64pips-30pips=204 pips [23:18:14 03/11/08] Stalion : 204 pips,$204 minilot,$2040 standard lot on Monday |
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[10:27:42 04/11/08] Stalion : helloo everyone
[10:28:19 04/11/08] Stalion : sorry for the late entrance...internet connection here was pretty bad lately... [10:30:03 04/11/08] Stalion : fortunately, we are still on no man's land for now...price is still looking for where to head to [10:36:03 04/11/08] Stalion : eventually price still went way below and beyond our Dragon Fist call [10:36:13 04/11/08] Stalion : the sell order [10:38:09 04/11/08] Stalion : so we put a buy order on gbpusd @ 1.5835...1st target @ 1.5885 [10:41:51 04/11/08] Stalion : 2nd target @ 1.5960...3rd target @ 1.6035 [10:42:37 04/11/08] Stalion : sl@1.5735 [10:47:14 04/11/08] Stalion : thats like a 100 pip sl...so we use proper risk mgt....we take off half profits when we are +20 pips ahead..then shift our 100 pip sl back to original entry [10:51:46 04/11/08] djcarlos : Stal, the change is +20 pips above the entry point or 1st target??? [10:52:04 04/11/08] djcarlos : yes its ready, thanks a lot [11:15:39 04/11/08] Stalion : +20 pips above entry is better due to recent volatility in the markets.. [11:18:39 04/11/08] fxjedi : Cheers my friend, i hope you are survivng these crazy volatile markets. I must say in my 20 years of trading Forex i have not seen so much panicking and shortage of liquidity, I am so pleased i continued developing my in house programmes , been spending a great deal of time on them this year , to keep me ahead. GL/GT [11:34:46 04/11/08] djcarlos : hit 1st, I was move the SL and I take 25%.... thanks Stal [11:35:09 04/11/08] Stalion : 1st target hit @ 1.5885 [11:35:32 04/11/08] Stalion : did you take the trade,namdo? [11:41:24 04/11/08] namdo : yes i did [11:48:17 04/11/08] Stalion : helloo there masif [11:58:01 04/11/08] masif1 : hi stal [11:58:04 04/11/08] masif1 : no i was too late [12:25:36 04/11/08] djcarlos : the market is going to go up again... we must take the entry???? [12:26:54 04/11/08] djcarlos : re-entry??? [12:30:59 04/11/08] Stalion : yes,djcarlos [12:32:10 04/11/08] Stalion : reentry is in order....we got stooped out in profit when price retraced back to our original entry point which was also our stop loss.. [12:47:32 04/11/08] fxjedi : firstt taget hit again [12:48:12 04/11/08] Stalion : yes jedi....please shift your sl to entry now...and take half profitss [12:48:31 04/11/08] djcarlos : Im going well ![]() [12:48:55 04/11/08] djcarlos : I put my SL in 1.5870 now [12:49:28 04/11/08] Stalion : was that were you originally entered,dj? [12:50:29 04/11/08] djcarlos : 1.5840 [12:51:36 04/11/08] Stalion : hmmmm, dats like 30 pips difference....well its okay if it fits ur personality,dj [12:52:06 04/11/08] Stalion : you can still put a 15 to 30 pip trailing stop on [12:53:09 04/11/08] djcarlos : thanks.... is my second entry in this alert... thanks Stal [12:54:53 04/11/08] fxjedi : ok trailing stop on [12:56:18 04/11/08] Stalion : price has to breach the resistance high of 1.5902,before getting to our 2nd target [12:56:59 04/11/08] Stalion : of 1.5960 [12:58:00 04/11/08] fxjedi : not sure if it could break ,stal [13:21:44 04/11/08] fxjedi : ok [13:49:50 04/11/08] fxjedi : 2nd tagert hit [14:15:45 04/11/08] enolase : i just missed the party [14:16:02 04/11/08] enolase : looks like the market is on holiday waiting for the US election [16:40:45 04/11/08] djcarlos : ok... im out of this position... but the result was good [16:40:54 04/11/08] Stalion : 3rd target @ 1.6035 is already hit [16:42:38 04/11/08] djcarlos : can we enter now... or no yet [16:44:24 04/11/08] Stalion : if you were not in already, I suggest you step aside for now...it might be too risky... [16:45:30 04/11/08] djcarlos : ok..... you are the voice of my conscience [16:45:35 04/11/08] djcarlos : thanks [16:46:42 04/11/08] Stalion : you might still put a buy stop at 1.6060,for a 40 pip profit on our 4th target of 1.6100 [16:53:14 04/11/08] djcarlos : I entered in 1.6060, and out in 1.6090 ..... thanks Stal 30 pips more in the bag.... thanks [16:58:17 04/11/08] Stalion : 4th target hit @ 1.6100 [16:59:00 04/11/08] Stalion : making a total of 265 pips,$265 minilot,$2650 standard lot on gbpusd this Teusday [18:57:58 04/11/08] Stalion : we also put a sell stop @ 1.6000,1st target @ 1.5960...2nd target @ 1.5915...3rd target @ 1.5870 [18:58:22 04/11/08] Stalion : sl@ 1.6040 [21:07:42 04/11/08] djcarlos : 30 pips in the bag.... thanks Stal [23:03:56 04/11/08] klho83 : Hi Stal thanks for sms. A bit late .Fisrt target already hit when I recieved the sms. Entered [23:04:16 04/11/08] klho83 : small at 1.5960 [05:20:01 05/11/08] djcarlos : HEY!!!!!! wake up everybody Im wining pips with the falling of GU.... I dont have yours telephone numbers [09:35:30 05/11/08] fxjedi : looks like gu going up, [09:36:57 05/11/08] Stalion : cool... [09:40:34 05/11/08] Stalion : I want to use this opportunity to congratulate Obama for winning the 08'US Presidential race ....Congratulations... [09:51:04 05/11/08] fxjedi : 1st trget hit [09:53:58 05/11/08] djcarlos : what is the second target??? [10:03:58 05/11/08] masif1 : God Bless America [10:04:22 05/11/08] masif1 : congratultions on America for making the rest of the world proud ![]() |
The Way Of The Dragon
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[10:35:14 06/11/08] Stalion : Helloo everyone
[10:35:51 06/11/08] fxjedi : hi Stal [10:36:18 06/11/08] klho83 : hi all [10:54:36 06/11/08] Stalion : We put a buy stop on gbpusd @ 1.5960,1st target @ 1.5988, 2nd target @ 1.6036...stop loss @ 1.5920.. [10:59:27 06/11/08] fxjedi : thanks,first taget was hit for 20 pips,do we reenter? [10:59:33 06/11/08] Stalion :remember to take half profits when +20 pips ahead, then shift sl to entry.. [11:01:43 06/11/08] Stalion : yes, we can reenter at our original buy entry.. [13:40:54 06/11/08] masif1 : hi all [13:31:06 06/11/08] fxjedi : helloo masif ![]() [13:33:58 06/11/08] Stalion :we got stopped out on our reentry buy order,so we put a sell stop @ 1.5955..1st target @ 1.5915..2nd target @ 1.5855..stop loss @ 1.5998 [13:55:20 06/11/08] fxjedi : 1st taget hi t [13:56:18 06/11/08] Stalion : 2nd target @ 1.5855... [13:58:00 06/11/08] fxjedi : i take off half profits now? [13:58:18 06/11/08] fxjedi : second target hit [13:58:46 06/11/08] Stalion : great! [14:00:10 06/11/08] Stalion : 100 pips on our 2nd target...less 60 pips lost on previous entry... [14:05:02 06/11/08] Stalion : cool... [14:23:20 06/11/08] masif1 : 2nd target hit! [14:23:27 06/11/08] masif1 : 100+ pips ![]() [14:52:29 06/11/08] djcarlos : can I enter now? [14:54:09 06/11/08] djcarlos : Please dont forget send me a Sms please i miss the alert. [14:54:19 06/11/08] djcarlos : Crying Very sad [14:57:31 06/11/08] djcarlos : Sad [15:03:52 06/11/08] djcarlos : In the buy stop... i lost a lot... so I need the good alert.... dont forget the Sms.... thanks [18:33:32 06/11/08] djcarlos : today was the worst day for me - usd$1000 in loses..... remember alert me by sms to some signal.... byeeee [09:06:37 07/11/08] klho83 : Didn't get the d last trade alert. Missed the trade [09:09:47 07/11/08] Stalion : Helloo everyone.. [09:11:20 07/11/08] klho83 : Stal I missed the last trade [09:12:10 07/11/08] Stalion : yesterday's? [09:12:39 07/11/08] Stalion : hi Maximus... [09:15:05 07/11/08] Stalion : we put a buy stop on gbpusd @ 1.5731...1st target @ 1.5775...2nd target @ 1.5825...50 pip sl away.. [09:15:22 07/11/08] Stalion : yes,maximus...where are you from? [09:15:50 07/11/08] Maximus : Canada, Qc [09:16:25 07/11/08] Maximus : are you from Côte d'ivoire [09:17:42 07/11/08] Stalion : Nope....I'm a Nigerian....and quite proud to be one too... [09:17:52 07/11/08] Stalion : A Quebecker? [09:18:07 07/11/08] Stalion : Bonjour mon ami... [09:18:18 07/11/08] klho83 : Smile [09:18:46 07/11/08] Maximus : bonjour à toi... [09:19:29 07/11/08] Maximus : Is there any 3nd target... [09:20:23 07/11/08] Stalion : we first get to 2nd target before a 3rd,Max....it depends on the upward momentum... [09:21:17 07/11/08] Maximus : Yes but how many lot or contract are you entering with... [09:23:16 07/11/08] Stalion : mine's different from yours,Max...I also manage accounts of different lot sizes.. [09:25:31 07/11/08] Stalion : soo,what size lot are you thinking of using or have used???Remember risk mgt? [09:25:55 07/11/08] Maximus : mini lots... [09:29:51 07/11/08] Stalion : okay....we tend to have up to 3 targets...sometimes,4 to 5....Max..The way we handle it is to allocate percentages or fractions to our minilots when target is hit or after 20 pips ahead [09:31:14 07/11/08] Stalion : if using 1 minilot,you can take 0.5 off when +20 pips ahead or when reaching 1st target....if using 3 minilots, you can shave off half or 1/3third as price goes along... [09:32:57 07/11/08] fxjedi : gm all [09:33:22 07/11/08] Maximus : ok thx for that... [09:33:34 07/11/08] Stalion : helloo there jedi... [09:34:41 07/11/08] fxjedi : hi stal, thanks for yesteday,+60 pips on cable was okay for me, [09:35:56 07/11/08] Stalion : cool....it was supposed to be 120 pips or so...but we were stopped out for 60 pips earlier in the morning [09:41:30 07/11/08] Maximus : gbpusd is going up... [09:53:36 07/11/08] fxjedi : buy entry trigered [09:58:22 07/11/08] Maximus : Everybody in the trade.... [09:58:44 07/11/08] Stalion : you can still enter your buy order,dj... [10:06:44 07/11/08] Stalion : you can close half positions now, then shift stop loss to entry point... [10:07:58 07/11/08] fxjedi : okay [10:17:32 07/11/08] Maximus : thx Stalion for this nice trade..Smile [10:18:34 07/11/08] Maximus : do we reenter if stop out.. [10:19:36 07/11/08] Stalion : lol..we are still waiting for price to hit 1st target,max...by closing half positions at +20 pips, then shifting sl to entry, we ensure we breakeven at a profit if price retraces against us... [10:21:09 07/11/08] Stalion : yes, we reenter after the bearish candle shows signs of moving back up to our original entry...very prudent in these volatile markets nowadays... [10:21:46 07/11/08] Maximus : thx Stalion... [10:23:08 07/11/08] Maximus : wich time frame are you looking at for the trade Salion, tf15 [10:24:56 07/11/08] Stalion : 15 min chart,Max... [10:25:13 07/11/08] Maximus : ok very good... [10:27:44 07/11/08] fxjedi : 1st target hit [10:29:03 07/11/08] Stalion : cool.... [10:29:31 07/11/08] Stalion : did you get the chance to reenter at our original price,max? [10:30:37 07/11/08] Maximus : no, but I am glad with what i had today, I willl get experience... [10:30:41 07/11/08] fxjedi : i did as soon as u talked about that bearish candle,stal [10:31:39 07/11/08] Stalion : you might still get the chance if price retraces downwards again... [10:31:55 07/11/08] Maximus : yes thx... [10:32:34 07/11/08] djcarlos : ok, thanks... so the trend is bullish??? [10:35:11 07/11/08] Maximus : i think the price will come back... [10:35:15 07/11/08] Stalion : looks like it, max....you can reenter with a buy order @ 1.5797....for our 2nd target... [10:36:28 07/11/08] Stalion : this time, 2nd target is @ 1.5846.. [10:37:08 07/11/08] Maximus : very good [10:37:25 07/11/08] djcarlos : it work to me to [10:39:39 07/11/08] Stalion : no probs.....for now, we are on the bullish gbpusd trade....12pm Nigerian time, we might enter the USDCAD trade... [10:39:59 07/11/08] djcarlos : cool [10:40:20 07/11/08] Maximus : i like the usdcad... [10:41:29 07/11/08] Stalion : lol....cause you are French Canadian? [10:41:39 07/11/08] djcarlos : I reentered at 1.5795 [10:41:40 07/11/08] Maximus : yap... [10:41:54 07/11/08] Maximus : me too reenter... [10:43:58 07/11/08] djcarlos : I ll expecting at 08:00 hrs in chile..... 12pm nigerian time [10:47:02 07/11/08] Stalion : cool [10:48:54 07/11/08] Stalion : sl@1.5745 [10:58:19 07/11/08] Stalion : no probs...the thing is its much riskier now, dan when price was at our original entry....the sl at that point would give more breathing space for price to move than this present one....hope you understand.. [11:02:28 07/11/08] fxjedi : cable going up now,70 pips ahead now [11:02:54 07/11/08] Stalion : great.... [11:06:35 07/11/08] fxjedi : original 2nd target hit,stal, at 15825, ![]() [11:07:36 07/11/08] Stalion : cool [11:07:55 07/11/08] fxjedi : any thid taget? [11:12:02 07/11/08] Maximus : yes when i reenter i put my target price to 1.5846.. [11:14:31 07/11/08] fxjedi : Fund Selling: that's reason for earlier. eurusd 1.25 as this has become very sensitive to down with stocks crashing...for BlackFriday [11:20:23 07/11/08] Stalion : hmmmmm.... [11:22:27 07/11/08] Stalion : Black Friday? [11:24:42 07/11/08] fxjedi : maybe [11:25:32 07/11/08] Stalion : Black Friday is mainly for those that dont really know what they are doing in the markets,jedi.. [11:26:55 07/11/08] Stalion : pls dont get me wrong...nothing is 100% perfect in trading and no one wins ALL trades ALL the time...but to attribute losses to Black Friday without trading yet, is more of FEAR induced reaction to a particular day in the market [13:19:25 07/11/08] djcarlos : I read that GU may had pivot in 1.5710, but here Stalion, so ask to he.. [13:31:30 07/11/08] djcarlos : Stal sorry about the long of this article but I think that is important for your usd/cad study [13:31:34 07/11/08] djcarlos : The Canadian economy actually threw the market a bone today, it's a miracle! The median market expectation was calling for a 10k loss in jobs, but the economy instead added 9.5k in October. Keep in mind that we had a monster 106.9k print in September, so to add more jobs on top of that huge gain was extremely impressive. [13:46:06 07/11/08] djcarlos : Stal did you see Usd/Chf, it having good selling projetion [14:44:50 07/11/08] djcarlos : hey! maxim do you have open GU buy Stop? [14:45:15 07/11/08] djcarlos : it work very good...Thanks Stal cheers [14:46:40 07/11/08] djcarlos : 60 pips in the bag.. good end for the week [16:33:30 07/11/08] Stalion : lol....No Black Friday,dj? [20:06:58 07/11/08] Stalion : We put a SELL STOP on GBPUSD@ 1.5660...1st target @ 1.5600...sl@ 1.5715 [20:23:22 07/11/08] klho83 : hi stal thank for the text sms [21:55:45 07/11/08] djcarlos : thanks for the text sms Stal, who said that today are Black friday???? [22:06:53 07/11/08] djcarlos : good weekend everyone ![]() |
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Me too,faiz...I dont really understand...do you mean penance? Quote:
No probs, mon ami....we all try to do our best in all things, especially in trading.. No probs,paul.. Thanks for your mail,brother...I specialize in the forex markets.. |





















Wilder put it this way, "DELTA is 









