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Disliked2 Fcuken Trades In My Account ,
The First Is Buy Eur/usd @ 1.5790 ( Big Lose)
The Second Is Buy Gbpusd @ 1.9930
Now I,m Waiting A Margin Call Although I Did A Extreamly Win Trade At This Fall And Get 1000 Usd
Now Help Me , Will The Price Fall Again Or We R Wait Its Rise Again
Cause If U Tell Me That It Will Fall I Will Make A Sell Trade At This Time Price
Or Wait I Month Or 2 To Make My Trades Win
Please Please Please All Of My Money I Will Lose Now ..... So Help Me If You Can
Sorry For My Bad English .....waiting Your ReplyIgnored
DislikedThe notion that this is a retrace is laughable. Currencies don't come off 3% in one week while consolidating. This was the biggest one week move since the pairs inception. This is the start of the dollar bull market.
Buying now and praying for a major retrace is what retail traders do. The move down didn't see a retrace, only speed bumps. A retrace to the first fib level may happen but don't count on it.
The idea that economical data out in the coming weeks will stop the bleeding. More data out next week for the zone. Don't expect any of it to support the bulls. The question isn't whether it will be bad or not - the real question is - how bad will it be? If it lends weight to a cut across the pond there will be selling.
The dollar bull is upon us.Ignored
DislikedYou show me one trend that moved down or up in a straight line? with no oppersite movement at all.
You don't need to comment on my skills cuz I suck!Ignored
Dislikedbut appreciate the levity.
I doubt I can find that chart... unless I'm allowed to include this past weeks EURO drumming.
I'm NOT disagreeing with - just suggesting you urge extreme caution.Ignored
Dislikedi am also picking at you and i am sorry for that.
I also share your opinions on the USD just made a passing shot at the way you explained it.
No offense intended.
I am long but not expecting anything just have to wait on Mondays trading to prove me right or wrong.
DislikedYou show me one trend that moved down or up in a straight line? with no oppersite movement at all.Ignored
DislikedShow me a day, were the euro dollar dropped 300 pips in one day or 500 pips in two days?
Didnt happen until yesterday.
You cant see the trading world so static, new things happen everyday that never happened before, my assumption is that this happens because nobody actually expects it.
I believe the FED is done and the next move will be up or sideways but not down . Additionally - I believe the zone will be cutting soon. Finally - I believe we've seen a top in Oil. If these assumptions are incorrect then my analysis is dead wrong.Ignored
I have failed to explain myself properly.
Any time we have a trend. 10 sec or 1min or 15 min or 30min or 1hr or 4 hr or 1day or 1 week or 1 year or 1 decade.
there is always oppersite movements, 'counter trends' there has to be buying in the selling down. That's the way markets work. Even in yesterdays sell down there was still buying counter rallies. I know this cuz I was selling them!
That is my point. its done now topic closed, at my end anyway.
That's probably the longest post I've every read. Pleas don't do that again. I like short stories not novels.
My skills in fundamental analysis simply aren't strong enough to make a coherent rebuttal. My background is in computers and psychology with a emphasis on behavioral finance not economics.
I'm a day trader who relies on price action to dictate my entries and exits. I've always believed fundamental analysis is a lagging indicator. My perception is the market always seems to be in front of the data.
I believe the FED is done and the next move will be up or sideways but not down . Additionally - I believe the zone will be cutting soon. Finally - I believe we've seen a top in Oil. If these assumptions are incorrect then my analysis is dead wrong.
I don't mind being wrong - my wife tells me it's a daily occurrence so I'm going to stick with my call. I believe this is the genesis of a dollar bull market.
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