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  • #1,022,261
  • Aug 25, 2015 8:31am Aug 25, 2015 8:31am
Quoting marskaydir
I have seen this happen before in 2009, when the world markets got destroyed. This has similar signs to that. Here in South Africa GDP has contracted by 1.3% quarter-on-quarter in 2015. The sell off is a start of a long term bear trend. Yesterdays small recovery was done by bargain hunters. This is typical of what happened in 2009. Most Analysts and finance houses are pointing to this. So brace yourselves. People with cash now can make a killing. Source: www.fin24.com I will be looking for plenty of opportunities...
That's the problem with most story tellers - telling story

Recommending short when equities market is picking up and buy when it starts moving down
  • #1,022,262
  • Aug 25, 2015 8:34am Aug 25, 2015 8:34am
Quoting Luther
Just a quick head's up, Dow Futures are up 500 points before the open. Markets reacting positively to the RRR/Rate cut.
mom and pops investors scared or margined out yesterday lose again.


i take an aspirin when i got a headache. some cut rates when they have one.
those who can, do. those who cant, talk about those who can
  • #1,022,263
  • Aug 25, 2015 8:36am Aug 25, 2015 8:36am
Quoting seemoore
{quote} It can be the same thing. For example, if you are willing to risk 1% of your account on every trade, then you use higher leverage when your stop is closer & less leverage when your stop is further. I think Andrew Mitchem (google forex trading coach) has a free mt4 calculator that does this, he used to. The downside (as with all stops) is when your stop gets a bad fill, so don't ever get too comfortable that your stop is absolute protection. Personally I found that changing lot size so often was too cumbersome for my trading style. Edit:...
answer was tongue in cheek, more specific to managing risk without manipulating leverage , the question requires much much bigger better answers, best advice is go to babypips.com graduate then start again
If you are new to Forex? Say Goodbye to your account!!
  • #1,022,264
  • Aug 25, 2015 8:38am Aug 25, 2015 8:38am
Quoting KiwiTrada
{quote} "fresh meat" was not meant to be derogatory, if looking at daily 4 massive candles, bears didnt even get a look in, today is 1st sign, but perhaps it is not a true sign but a breather from yesterday abortion, so I wouldnt trust it until today has closed then reassess looking at swissy shes struggling to get back to this weeks open so for me present range is between yesterdays open and todays uj alresdy run into 50sma hrly I was hoping for confluence of that and 120 72 so ive jumped in with tap of 50 and now waiting to see if she can get...
uc rallying north both uj and gj attacking ltl of hrly rising chanel, could get nasty peoples. keep eyes open and bandaids, vaseline near
If you are new to Forex? Say Goodbye to your account!!
  • #1,022,265
  • Aug 25, 2015 8:41am Aug 25, 2015 8:41am
To me it still looks bearish for the short-term.
  • #1,022,266
  • Aug 25, 2015 8:43am Aug 25, 2015 8:43am
no longer holding apple since 108.. good luck



my bet is china sales will suck, with china mom and pop losing ass in markets//
gold and apple together drop not a good sign
those who can, do. those who cant, talk about those who can
  • #1,022,267
  • Aug 25, 2015 8:44am Aug 25, 2015 8:44am
Quoting Ken A
{quote} DAX already up all day from open
yeah I know that, was talking about NY.
  • #1,022,268
  • Aug 25, 2015 8:55am Aug 25, 2015 8:55am
price action looks increasingly bearish , even though short term triple bottom formed around 11456. lets see..
  • #1,022,269
  • Aug 25, 2015 9:02am Aug 25, 2015 9:02am
big fight on the previous resistance 1,1465! watch out!
  • #1,022,270
  • Aug 25, 2015 9:04am Aug 25, 2015 9:04am
i am placing sell limit on 1,1570, tp 1,1470
  • #1,022,271
  • Aug 25, 2015 9:05am Aug 25, 2015 9:05am
last hour gold closed under a s/r .. eu closed below 1466,,, that point of b/o.. i had hope of 1572 before 1428... its not looking good atm
those who can, do. those who cant, talk about those who can
  • #1,022,272
  • Aug 25, 2015 9:12am Aug 25, 2015 9:12am
Quoting kayaker
i am placing sell limit on 1,1570, tp 1,1470
small world
those who can, do. those who cant, talk about those who can
  • #1,022,273
  • Aug 25, 2015 9:14am Aug 25, 2015 9:14am
Quoting gatorinla
{quote} small world
i still believe we can reach it today.
  • #1,022,274
  • Aug 25, 2015 9:20am Aug 25, 2015 9:20am
is this a stop hunt or a move down?
forex forex forex
  • #1,022,275
  • Aug 25, 2015 9:21am Aug 25, 2015 9:21am
Quoting gatorinla
{quote} small world
Are you talking about EU?
KEEP CALM AND CARRY ON SHORTING
  • #1,022,276
  • Aug 25, 2015 9:34am Aug 25, 2015 9:34am
Quoting swimmax
is this a stop hunt or a move down?
well swissy just tapped this weeks open so im guessing you will have answer very shortly
If you are new to Forex? Say Goodbye to your account!!
  • #1,022,277
  • Aug 25, 2015 9:35am Aug 25, 2015 9:35am
Quoting Thirsty
{quote} Are you talking about EU?
yes
those who can, do. those who cant, talk about those who can
  • #1,022,278
  • Aug 25, 2015 9:35am Aug 25, 2015 9:35am
thread is empty as if it is a devastated war zone....many injuries across the members lines ?
Get Rich or Die Tryin
  • #1,022,279
  • Aug 25, 2015 9:36am Aug 25, 2015 9:36am
Quoting hoom
thread is empty as if it is a devastated war zone....many injuries across the members lines ?
dead bodies strewn across the battlefield, hospitals overflowing with blood-ridden casualties!!
  • #1,022,280
  • Aug 25, 2015 9:41am Aug 25, 2015 9:41am
Still bearish for me as long as magenta t/l is not broken
http://www.forexfactory.com/showthre...28#post8389628

It bounced off of it yesterday, but I guess there will be a bounce when the break of the green weekly trend line is retested where everybody
shorted in the yellow area, back toward the majenta trendline again. Waiting for that bounce to short it again.
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