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  1. J

    Are Greeks lazy?

    The impression I get about Greek people is that in general they look for ways of how to cheat a system. I wouldn't say they are lazy though, I know some hard working Greeks. A lot of Greeks do enjoy to lie quite a bit.
  2. J

    Say goodbye to the Euro

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2785054>
  3. J

    Say goodbye to the Euro

    I agree from a technical view USD is lining up for a multi year run, fundamentally we seem to be living from year to year right now or maybe 1/2 year to 1/2 year. But would you agree that all things considered for USD to continue current trend over next few years we need stock markets to...
  4. J

    Trading EUR/USD Daily Hi & Lo

    No stop now, all in as they say. TY for showing concern! Poker time. Trend is still down afterall.
  5. J

    ES Journal Archive (2009 - 2010)

    grassyarse ;)
  6. J

    ES Journal Archive (2009 - 2010)

    NFP on Friday...Apex82...
  7. J

    Trading EUR/USD Daily Hi & Lo

    TY! I like it a lot, especially the lower the volatility % the better. Handy link. USD/JPY 2% vola, Monthly chart features a triple divergence...contrarian's paradise that is. I bet it fires towards 104 soon (now 88).
  8. J

    Trading EUR/USD Daily Hi & Lo

    Trading volumes in currency markets can be near 100 times more than in NYSE, how do you control that? Currencies are mainly driven by primary indicators and deals made behind closed doors. Not talking about some intraday oscillations, but overall. Stocks as you know may be manipulated.
  9. J

    Trading EUR/USD Daily Hi & Lo

    LC said that currencies are not as easy as stock markets to manipulate, I see the rationale there. Have a look at last 4 weeks bars, a start to this one doesn't look as bad as just looking at today's intraday candle. Also, check out Monthly chart's 10 & 20 moving averages. Whilst 20 has...
  10. J

    Trading EUR/USD Daily Hi & Lo

    Martingale strategy in a Blackjack which offers limited returns is inappropriate. I am trying to get higher payouts than in a Blackjack here. Risk? Hell yes, there is risk. Is there no risk investing into a new venture? Are any returns ever somehow warranted? No they are not. My investment...
  11. J

    Trading EUR/USD Daily Hi & Lo

    I think it's to do with USD index calling for a retrace, it's been showing struggle to take out current highs. There's been no news in Eurozone, only previous succesive attempts to hold support mid 1.34, so why make move now? I think this is just a squeeze, it's too sharp of a rise to mean...
  12. J

    Trading EUR/USD Daily Hi & Lo

    Hindsight is a wonderful thing :) TY! I did mention that Daily is in bounce mode. Here is the problem - congestion. February Lo was tagged this morning, a bounce was pretty likely, what was also pretty likely is a drop. It was a 50/50 expectancy ImPO. How do you measure 50/50 apart from...
  13. J

    Trading EUR/USD Daily Hi & Lo

    Breakout traders can get "raped" by congestion periods. That's why I did say that volatility analysis do have to be present. Obviously I am still stuck within congestion zone. Mid 1.34s keep providing bounces. Why? Who knows. I don't. Weekly bars for the last 3 weeks do keep putting in lower...
  14. J

    Trading EUR/USD Daily Hi & Lo

    Incorrect. Reversal, for now, is 360 pips away from entry
  15. J

    Trading EUR/USD Daily Hi & Lo

    -£3,520 (-220 pips) Now Short 1.3440 £32 per pip Reverse order over 1.3800, not decided where exactly yet. 176 pips required to break even 189 pips required for +2% 201 pips required for +4% Current series of trades is -£5,663 (-807 pips)
  16. J

    Trading EUR/USD Daily Hi & Lo

    What do you know, a triple bottom on Daily. We are about to enter range expansion, up or down is irrelevant.
  17. J

    ES Journal Archive (2009 - 2010)

    Looks like a breakout on Daily, Weekly not bearish.
  18. J

    Trading EUR/USD Daily Hi & Lo

    I think the problem today was GBP, it's all over the news. Euro on Daily chart is in a bounce formation, which I agree will most likely be short lived. I doubt Euro will bebreaking 1.3440 before some sort of either bounce or basing period.
  19. J

    Short-term trading with Oscar

    Above OTAPMA buy retracements, below OTAPMA sell rallies. Wizardry :) Win or lose Oscar wins. He is not to blame, it's the system. Brokerage was partially designed to lure in suckers & separate them from their money. I wonder whether Oscar can actually produce to his clients a verified...
  20. J

    Trading EUR/USD Daily Hi & Lo

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2749024>
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