I knew that I should not trade on Friday
for a reason ... dammit ....
Now taking some loss....
Lesson never learned ..
for a reason ... dammit ....
Now taking some loss....
Lesson never learned ..
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedYup. We go long until we go short. Not a moment before. Just glancing over the charts, the last opportunity for a decent short after the DPP bounce last night, was the break of 3790. After that play, it's been long ever since.Ignored
DislikedI knew that I should not trade on Friday
for a reason ... dammit ....
Now taking some loss....
Lesson never learned ..Ignored
DislikedThat's why I closed my trades there yesterday, there were plenty of technical reasons for a bounce there, it just became a lot bigger due to an act of God.Ignored
DislikedYen might be rising but the Nikkei closed on its low of the day, week and 5 week low.
Meanwhile yen is giving back some of what it gained earlier today.Ignored
DislikedRight now the Nikei futures are dropping, Japan sovereign debt is going up, Yen is being repatriated, the US is the most affected, due to carry trade so Yen up, dollar down, just follow the herd.Ignored
DislikedI closed my longer term trade yesterday at 3790 for a reason and fully expected a bit of a bounce, technically we were due for one, apoplogies to the casualties in Japan, but the quake just exaggerated the correction and the fundies and techs been pulling in the same direction all day long.
Days like this are the easiest to trade, everybody and his brother is in the same d@rn trade, just follow the crowd.Ignored
DislikedNothing to do with Friday, don't beat yourself up. If you are not good in Fundie trades, then don't trade when new like this hits the markets. Do you trade the NFP comfortably? If not, then stay away from disasters like this too.Ignored
DislikedYea, gotta learn to be more careful with disasters and news... I dropped too many pips today so I'm done... no harm no foul for my account though.Ignored
DislikedBarack Obama:
In an econony that relies on OIL, Gas prices affect everyone.
They should add Barack Obama speech to the forex factory calendar.
He's talking about economy.Ignored
DislikedLesson learned, if you are not a Fundie trader, stay out. You will just be questioning yourself all day long and it is not good for your confidence either.Ignored
DislikedThe "funny" bit in all of this is that the Yen is a safe haven currency as it is so predictable, loads of algos will be taking flight to it, that exaggerates the fundie and techie trigger, that's why we see such a drop today.Ignored
DislikedThe only thing I am having a hard time understanding, a lot of people are saying the fundies got them today... Fundies whether expected or out of disaster still produce technicals on the chart. Your entries and exists still are in play and are being created as we go.
These statements would make a lot more sense for those who are on the daily chart. Even then, for those that have shorts built here it's just a hiccup. We'll be back soon enough.
Let the fundie's drive this thing where ever it wants, i'll gladly slit her neck open regardless of what...Ignored
DislikedThe only thing I am having a hard time understanding, a lot of people are saying the fundies got them today... Fundies whether expected or out of disaster still produce technicals on the chart. Your entries and exists still are in play and are being created as we go.
These statements would make a lot more sense for those who are on the daily chart. Even then, for those that have shorts built here it's just a hiccup. We'll be back soon enough.
Let the fundie's drive this thing where ever it wants, i'll gladly slit her neck open regardless of...Ignored
DislikedNext time when there's a quake ...
I'm gonna buy XAU/USD ... (Gold Baby) ....Ignored