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- forexfoolish commented Nov 5, 2014
The two cent loss of the EUR after the Repulican surge was a great bounty for all trend traders; we are right now even below the 1.25 range and into the 1.24 range. Yes, the trend is still your friend. My modest advice, close your shorts with good ...
- forexfoolish commented Oct 29, 2014
It looks like the long awaited 1.25 range has arrived, more or less on shedule, as the big banks predicted, by year´s end, November-December. From here to where? Hard to fathom. Draghi said Euro zone recovery wil not be dependent on more Euro ...
- forexfoolish commented Oct 3, 2014
The trend is alive and well, nice two cent move in two days , $10K if you had a 500K position. They say trading is a mug game, but it let´s you make $10K in two days, which many people don´t earn in two months. If you can´t stand the heat get out of ...
- forexfoolish commented Oct 3, 2014
The trend is alive and well, nice two cent move in two days , $10K if you had a 500K position. They say trading is a mug game, but it let´s you make $10K in two days, which many people don´t earn in two months. If you can´t stand the heat get out of ...
- forexfoolish commented Oct 2, 2014
I fully agree with you; of course once your profits are safe mental or real stops are almost the same. For me it´s hard to break the Stop habit, so I favor a wide running stop, just for the once in a lifetime case. Another advantage I find in real ...
- forexfoolish commented Oct 2, 2014
I fully understand all the complaints and frustration but you have to be in sync with the markets. It pays to enter a trend early and then ride it. Not always easy but gets easier as the trend develops, because your gains come from way up (in a ...
- forexfoolish commented Oct 2, 2014
I hope none of you placed stops below1.2699. This is still a downtrend and the trend is still your friend. A FOOL AND HIS MONEY SOON ARE PARTED
- forexfoolish commented Sep 30, 2014
Eur in the 1.25 range, one more confirmation of the wisdon of trend trading. I´m thinking of sending a bottle of Chianti Classico wine to signor Draghi. Long live the trend. A FOOL AND HIS MONEY SOON ARE PARTED
- forexfoolish commented Sep 25, 2014
Trend trading is different from the several ways of short trading. You must leverage as little as possible. You must watch your margin. You must be certain of the fundamentals. If 200 pips wipe out your account you have not a trend trade set up. The ...
- forexfoolish commented Sep 24, 2014
Re the previous posts, one thing is clear, in a trend, and the Euro is in a downtrend, the best strategy is a longterm position: Short and Hold your shorts. The only problem, you will spend a lot of time in negative territory as the counter trender ...
- forexfoolish commented Sep 24, 2014
I have been shorting since 1.35; it is very simple: WHAT GOES UP MUST COME DOWN. How far down? Does anybody remember the good old days when the Euro was 0.85? That´s the bottom. A FOOL AND HIS MONEY ARE SOON PARTED
- forexfoolish commented Sep 18, 2014
Scotland for ever!
- forexfoolish commented Sep 9, 2014
Remember: What goes up must come down. The only small problema, when? A FOOL AND HIS MONEY ARE SOON PARTED
- forexfoolish commented Sep 1, 2014
Angela Merkel is the baby sitter of Europe. That unruly bunch of euro-children needs every now and then some gentle spanking to behave themselves. But, can you imagine where those kids would be without baby sitter Angela ??? A FOOL AND HIS MONEY ...
- forexfoolish commented Jun 16, 2014
If you read the full story you notice how ambiguos it is, so the game is in the hands of the markets, at least for a while. A FOOL AND HIS MONEY ARE SOON PARTED
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