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why looking for bull mate? We have more than 300 pips down since monday.. so catch the bears and dont wait for bullsIgnored
Mohan
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
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why looking for bull mate? We have more than 300 pips down since monday.. so catch the bears and dont wait for bullsIgnored
DislikedI have alot to learn... still, rome wasnt built in a day...
Keep sharing your wisdomIgnored
DislikedMy favourite is "don't use SL your broker will hunt it down"ridiculous!
If you hit your SL it mean two simple things.
1. You picked your entry in the wrong spot.
2. You placed you SL in the wrong spot.
Losses are part of it all but we are responsible for those nobody else.Ignored
DislikedWhen all retail traders are short EUR/USD. Thatīs when this downtrend will end.
AND TO MAKE IT CLEAR TO ALL ROOKIES IN THIS BUSINESS: TIER1 investment banks are TRACKING your positions. [b][color=Red]Investment banks have statistics in front of them, how many of you retail traders are long and how many short (in percentage terms). Right now, I can see that around 65% of retail traders are long EUR/USD because they are trying to pick "the bottom". This is a welcome opportunity for banks to short EUR/USD and pick the...Ignored
DislikedOMG! If you truly believe this, that it is little old you vs the banks, then you might as well switch your computer off now. It is you vs yourself in trading, nothing else.Ignored
Dislikedwe all learnig bro,
brit is 2nd behind australia for leaking news, most of reaction to news was pre release,
sadly many would have seen good news looked to long and bingo down she went, is sad but read your pa is as clear as glass.
biggest moves relative to pa is nfp, asia news, BOJ & SNB interventions, and blabbermouth politicians, bigger players, retailers are nothing more than a flea on an elephants butt, we is fighting over the crumbs,
Am expecting bulls to be circling, but sellers are not going to give up the ground they have taken....Ignored
DislikedI have similar widget in google chrome from etoro where you can check positions "http://chrome.simplytrader.biz/tools/" also nice chart with more or less real time data
edit: put screen shotIgnored
DislikedThanks for the link but I wanted MisterTrader to prove his statement came from a good source and not some bloke he met down the pubIgnored
DislikedLooking at pa, what you said makes perfect sense. I hadnt realised it was common knowledge how badly the releases were leaked, I now know. Dodgy bast*rds
Ok bro, for the time being I intend to watch and wait for next obvious move, this consolidation will be done and will catch first sign of bearish resumption... then ride that babyIgnored
Disliked"I can see that around 65% of retail traders are long EUR/USD because they are trying to pick "the bottom"."
In that he is right. It is a tendency with us all to try to catch the turning point in the price, and by doing so we are wrong much more often than we are right. By trying to get the best possible price, we lay ourselves at the mercy of the continuing trend. Most traders abandon their rules and guidelines when doing this, and that is where most of the money is lost. Resist this urge to get in at the top or bottom at all cost.Ignored