yay my TP of 50 pips triggered at 111.15.
i think the price is going to hang on the daily R1.
i think the price is going to hang on the daily R1.
EurAnalysis Kindergarten 24 replies
Dislikedget out of my short, lost 80% of my capital on this medium/long term trade. i was positive when i was trading intraday without trying to understand the moves, and my first try with mid term fundamentals trading is a fail (but I have no choice as i'm working :/)
Will take the time to think on what is the best option now...
GL to all
Edit : btw I hate BenIgnored
DislikedAdding to my long USD/CAD position. Once 0.9850-70 clears, to the moonIgnored
DislikedYep. I'm looking forward to that also. Might not happen too quickly though.Ignored
DislikedHey wingou. Sorry to hear about your margin call. It sucks and it always will.
As EuroTraderJD said... as long as you learned something from it, you are ahead of the game.
My break even point was fast approaching at 1.3270 so I closed my eyes and hit the buy button at 1.3198 with a massive position. Why? Because when you get a powerful breakout like that in the last 2 weeks of December... especially when the majority of retail traders are short, then undoubtedly there is going to be a massive short squeeze. I learned that lesson many years...Ignored
DislikedHi PT, do u expect EY target 1.34 this week/month? Or your lock without timeframe, if so is your account Islamic?Ignored
DislikedCould one get an Islamic account to hedge trades made in an interest yielding account and earn the interest (minus spread)Ignored
DislikedE/Y at 1.34? Sure you don't mean E/U?
Anyway, assuming you mean E/U, I think the Euro will go where the fiscal cliff negotiations go. If there is a deal, we get a knee-jerk reaction to the upside. Of course a further break upwards in the last couple of weeks of December, as I said earlier, could create enough momentum to finish the measured move of this technical bull train. However, come January, this should all get reversed.
If the fiscal cliff deal fails, then it's down for everything... equities, Aussie, Loonie, Cable, Fiber, Gold,...Ignored
DislikedYep... I concur. If this is the future of FX trading, then all I'll be doing from here forward is M5 and M15 scalping. All I need is a perfected system, but I'm already working on that.Ignored
DislikedCan I ask to anybody who would know, why did gold and silver jumped down against dollar, and eur spiked up against the same usd?Ignored
DislikedCan I ask to anybody who would know, why did gold and silver jumped down against dollar, and eur spiked up against the same usd?Ignored
DislikedCan I ask to anybody who would know, why did gold and silver jumped down against dollar, and eur spiked up against the same usd?Ignored
Dislikedthis is always an interesting topic of concern for traders. right now certain spreads are really drying up. however, imo, of all things, one thing that is certain is that there will always be a new crisis with plenty of volatility.Ignored