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Old 09-16-2008, 06:43 AM
forexgreenland forexgreenland is offline
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[10:49:19] Stalion : LOCK HALF PROFITS AT +20 TO +30 PIPS,WHILE PUTTING STOP LOSS TO ENTRY

LEVEL..

[11:00:00] caprica1 : jot back Stal. Whats this about a sell stop?

[11:02:18] Stalion : more of a sell limit, cap..if you missed the original entry and hope for price to go up to ur entry before

reaching down...a sell stop is just following price downwards on its bearish move

[11:06:17] caprica1 : whcih chart did you look at to get the signal Stal? Was it one of the longer timeframes?

[11:08:51] Stalion : looks like a colourful beer carnival, eugen, the oktoberfest u guys are celebrating in

Germany.....though more mellow than the ones in the Rio de janeiro, Brazil..

[11:10:21] Stalion : we do what we call ''top down trading'', cap..first, the weekly and daily charts to get a general

overview..the hourly is to get the medium term overview..the 15 min chart is where you get a more precise view...while

the 5 min is for microscopic view

[11:11:20] Stalion : hi takbal, hope you've locked in half your profits by now...

[11:11:53] Stalion : we are +40 pips now..

[11:13:15] caprica1 : ok

[11:13:47] takbal : well I get on the train a bit late, so I put half lot only

[11:14:08] takbal : but looks like a healthy downtrend, so I risk it

[11:21:01] Stalion : sl moved to entry point,AFTER creaming off half profits

[11:23:33] caprica1 : I go in @ .7970 so I'm + 23 now.

[12:15:28] caprica1 : I'm +53 now Stal. Should I be moving my stop to Breakeven or +20?



[12:18:40] caprica1 : whoops thats 1st target hit

[12:24:12] caprica1 : its looking like a nice start to the week guys

[12:25:47] Stalion : you can say dat again, cap

[12:27:23] caprica1 : how much lower can it go, It's nearly at 2nd target now?

[12:47:22] eugen3000 : 1st and 2nd target hit, wooohoooo, ;-)



[12:48:43] caprica1 : yep!

[12:55:00] klho83 : Good start For the week!!!

[12:55:33] caprica1 : certainly is.

[12:55:51] takbal : was a nice call, thx Stal

[13:10:01] Stalion : 95 pips for 1st target, 182 pips total for 2nd target,$182 minilot,$1820 standard lot in less than 4hrs

[13:10:30] masif1 : another great call i missed today

[13:10:36] masif1 : just my luck

[13:11:17] Stalion : like I said earlier, we should be prepared to take any opportunity that the market gives us...which

doesnt happen everyday..

[13:14:46] Stalion : fine, we might get stopped out on one or two trades...but thats the price to pay for a long pip haul

like dis...

[13:17:08] Stalion : so we wrap up our trade today

[13:18:01] Stalion : hope 182 pips is okay for everyone?

[13:21:23] caprica1 : i'm happy with today Stal

[13:21:39] masif1 : well done guys