I will be there with Mrs arco....
Dont forget to put your clocks on one hour.
rgds - arco
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I will be there with Mrs arco....
Dont forget to put your clocks on one hour.
rgds - arco
DB
thanks for the very hospitable offer,too shorter notice for us out of towners,though its great you guys getting together it might be the start of something.
i will look forward to hearing about it on Monday!
cheers
roddy
yeh next time roddy
so if mrs arco is coming then so will mrs peat.
see you in the morning.
Hi All
Great to meet a few of the posters off the forex forum Sunday morning, and hopefully
we can all get together again soon(+ a few others). We discussed a variety of topics
focusing mainly around Fibonacci techniques (Gartleys/Butterflys), candles, entries/
exits. All in all a very enjoyable couple of hours.
See you all again soon - Maybe in the Albany area next time.
(DB can perhaps suggest a nice coffee shop).
regards - arco
Yes it was really good to meet up - I'm glad we did that! Even the girls seemed to enjoy themselves.
I've skim read the Scott Carney Vol1 and have found it very interesting. I will go over the patterns again and spend time trying to identify them myself. But what I was most impressed with was the way he actually strategises the playing out of the trade, things like the Initial Profit Object and the Profit Protection Zone and even the analysis of the failed pattern and when to consider stop and reversing... very real-life it seemed to me.
Hi ARCO/ALL
i am still holding short EUR,i am looking for a test of the fib 127 level.
and have brought stop up to break even,looking at daily s not sure whether 127 is achievable,
i am trying to transition from having no positions open overnight to taking more of the trend and trading less.
is there any technical answer to where its going from here or do i just have to tough it out one way or the other
cheers
roddy
yeh its gonna be a rough ride tonite roddy with NFP good luck.
Hi Roddy
Getting the trade going and not getting stopped out
prematurely is the hardest part. Congrats on achieving that.
Also holding is always mentally harder than taking an instant reward,
but can be much more profitable in the long run.
I usually like to take some profits off the table at set
fib zones/Waves counts/Gann. This gives a buffer profit.
The remaining balance can then be put at break-even
with a trailing stop method until you eventually get
stopped out. These runs can often give 100's of pips.
For traders who didnt get in early, there is always a
wave three to hitch a ride on.
rgds - arco
Peat/Arco,
thanks for your wisdom,yeah will hold,guess if i loose 100 pip which i was up is nothing to the potential which could be in the wings
cheers
roddy
nfp = +110