CAD CPI news later today tho, might be the push the MM need to start that CAD rally unless of course the figures are bad. Should be a slam dunk trade either way, so those already long from previous support might wanna adjust stops now or apply stops now, even if not BE but to protect the account.
I lost 90% of my money
{quote} Good explination. Where do you get your information and how you analise it? What books have you read and where have you learned about worlds financial market? I would appreciate some good advice, as I am trading for 6 years now on and off, and lost worth nearly two years of my sallary. 20%up 40% down month to month and after yesterday I am left with few hundred pounds. Appreciate.
{quote} I can also provide for his way of thinking.. From the monthly chart below we can see that candles are at a critical level (black resistance line). If this resistance breaks of course next targets will be 1.1650 and 1.17 levels.. Since these levels are very close to each other he must be assuming that black resistance line is already broken (which is not true yet). Therefore I would say, we can't just write down our hopes into sentences like this: I take the Black trendline as broken and price will head to 1.17 and then that level...
The only good thing about eurusd rise, is my vacation in new York will be cheaper
{quote} {quote} Sorry to hear that. My advice is to get a broker which closes at 100% of margin and not 20-30% which most of us seek. It's an additional protection to keep you from overleveraging / putting too many trades on. Assuming you have a 1k account with 200 leverage and you open 1 lot position, your broker will force close you when acc equity reaches 500 or even higher if you add additional positions. Otherwise you can use an EA with higher margin % force close. Both will stop/protect you from overleveraging/overtrading. I am saying the...
{quote} I know
{quote} Dunno. Don't care. I'm prepared to be wrong either way :-)
no man, u rack me up
