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I'm not so sure about this. I copied and pasted the following from a thread from last spring that was posted by bat21, the thread had been closed for some time. 05-04-08 09:50 AM What I had to learn is : Are you a trader or a gambler? it took me 5 years and about $300,000 in losses...

Late start to the day, and EUR/AUD made a run south to another s/r line. One false start on a reversal for -15, re-entered and closed at approx 50% of last move down, +36. Definitely beef jerky time, do not wish to push it.

Couldn't help it, saw a bounce off s/r line for 22 pips. Huge spread, but this fits current strategy. Happy New Year!! (Beef jerky time)

I'm sorry, but what the fuck are you guys talking about?

In keeping with the original theme of the thread, I'm posting results from Nov. thru today, weekly basis, which will probably be a wrap for the year. Nov 2-7 8 wins 2 losses +180 pips Nov 9-14 9 wins 3 losses +72 pips Nov 16-21 5 wins 1 loss +176 pips Nov 23-28 4 wins 2 losses +164...

Now THAT'S funny!!:D

Primarily EUR/AUD. Trade a live account, small size. No demo.

I'm not sure "bull" or "bear" applies intraday, per se. I'm only looking for a short term reversal, on a daily chart, it may not happen, this pair has been on a steady climb for over 6 months. On a lighter note, your enthusiasm is admirable!

Let's see if it sticks above 2.0500. A retrace back towards 2.000 seems probable if not.

Seems to be the popular theory. I agree. Just not sure on entry point. Sunday thru Tuesday could be choppy, as was last week.

I can't believe I'm responding to this on Christmas eve. Your account would have been on margin, yes? Therefore you would have been margin-called, correct? Learn how the markets works before posting this spam. Clowns. Christmas clowns.

Tomorrow is Christmas eve. Whatever your religious leanings are, have a peaceful day, and try to help someone less fortunate if you can. See you next week, Merry Christmas. David:)

Generally speaking, the corporate world doesn't give 2 shits about you, only what you can do for them. They will sell you on the warm and fuzzy, but the bottom line is what counts. Not sure? Ask the people at Lehmann, Lynch, Citi, etc. If you can be successful on your own, do it. You'll be...

Friday is casual day. We have a lottery pool, the secretary at the front desk collects the money. You can hang your coat over there. Try not to park too close to the entrance, it's for customers. There is another bathroom on the 2nd floor. :confused:

Traded the EUR/AUD almost exclusively since November. It has taught me patience and humility. It has rewarded me with a net of approx 747 pips, including two drawdowns exceeding 100 pips each. What more do you need?:p My opinion only, of course.

EUR/AUD, took a bounce off a trendline for 19.

EUR/AUD, trendline is from a 3 hour chart, daily pivots. Whatever the spike was, it seems to have been absorbed.

Donkian chart:D All in good fun

2.1015 was approx daily resistance. It may be ready for another run up?