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What the heck happened to the EUR this AM?

  • #21
  • Oct 7, 2006 2:03pm Oct 7, 2006 2:03pm
EFForex Trader, I would have to agree with you. LOVE THIS STUFF!!

I too had put in a sell bid EARLY! in the morning. My work hours start early so, I usually put a bid in early and let it ride to my take limit point.

The only problem was, I came out with 20 pips and that hit my mark at 6:55am, central time, 30 MINUTES BEFORE THE REPORT CAME OUT!!

HA! Still got my pips for the day but surely not how I expected!! Would have LOVED to have been home to get some more but, have to contend with the "JOB" for now
  • #22
  • Oct 7, 2006 3:26pm Oct 7, 2006 3:26pm
I disagree... Why Are you like this stuff ? its like losing mans game... huh
  • #23
  • Oct 8, 2006 8:46am Oct 8, 2006 8:46am
Quoting mtcdavs
EFForex Trader, I would have to agree with you. LOVE THIS STUFF!!

I too had put in a sell bid EARLY! in the morning. My work hours start early so, I usually put a bid in early and let it ride to my take limit point.

The only problem was, I came out with 20 pips and that hit my mark at 6:55am, central time, 30 MINUTES BEFORE THE REPORT CAME OUT!!

HA! Still got my pips for the day but surely not how I expected!! Would have LOVED to have been home to get some more but, have to contend with the "JOB" for now
Take it from a professional trader. The market will retrace to around 1.2630 and take a bounce. Make sure you have your shorts in place for this price action.

Even you are a bit bould you could even take a buy trade down around 1.2590 and play it back to 1.2630 or around that area. After that keep shorting on the rallies.
  • #24
  • Oct 8, 2006 8:47am Oct 8, 2006 8:47am
Quoting EGForexTrader
Take it from a professional trader. The market will retrace to around 1.2630 and take a bounce. Make sure you have your shorts in place for this price action.

Even you are a bit bould you could even take a buy trade down around 1.2590 and play it back to 1.2630 or around that area. After that keep shorting on the rallies.
Lots of typo's in the above message. Typing fast because I have a meeting to get to! Just make sure to toss in those shorts on the rallies.
  • #25
  • Oct 8, 2006 8:54am Oct 8, 2006 8:54am
Quoting EGForexTrader
Take it from a professional trader.
If I had a pip for everytime someone said that....

Can you explain what EGForex is? I googled it and it looked pretty sleazy to me.
  • #26
  • Edited 5:02pm Oct 8, 2006 9:10am | Edited 5:02pm
Quoting philmcgrew
If I had a pip for everytime someone said that....

Can you explain what EGForex is? I googled it and it looked pretty sleazy to me.
My friend, you have the wrong website. The correct URL to EG Forex Traders, LLC is [link removed]

I don't know what you were looking at, but I can assure you it's not what you recently googled. I too googled EG Forex Traders, and a sales letter came up. Check the URL above, that is the correct one.

Regards
  • #27
  • Oct 8, 2006 9:16am Oct 8, 2006 9:16am
Another IB turned money manager who isn't registered with the NFA. Do your clients know that you don't use stoplosses?
  • #28
  • Oct 8, 2006 9:24am Oct 8, 2006 9:24am
Quoting philmcgrew
Another IB turned money manager who isn't registered with the NFA. Do your clients know that you don't use stoplosses?
Yes they do, I am completely transparent with my clients. I've had over a years success in this market. I trade very very light. For example on a $100,000 account to start I would only trade 1 standard lot.

After trading and using stops and blowing out my first 2 live accounts long ago, this is how I was taught through my professional training and it's been very succesful for over a year now.

What can I say? This is my strategy and my clients are happy.
  • #29
  • Oct 8, 2006 9:27am Oct 8, 2006 9:27am
Quoting EGForexTrader
Yes they do, I am completely transparent with my clients. I've had over a years success in this market. I trade very very light. For example on a $100,000 account to start I would only trade 1 standard lot.

After trading and using stops and blowing out my first 2 live accounts long ago, this is how I was taught through my professional training and it's been very succesful for over a year now.

What can I say? This is my strategy and my clients are happy.
I am not sure you quite understand here. The broker we use is registered with the NFA and the CFTC. We do not have any access to funds, only to trade them.

Hope this clears everything up, PM me if you want to talk more about it.
  • #30
  • Oct 8, 2006 9:42am Oct 8, 2006 9:42am
Quoting EGForexTrader
I am not sure you quite understand here. The broker we use is registered with the NFA and the CFTC. We do not have any access to funds, only to trade them.

Hope this clears everything up, PM me if you want to talk more about it.
Of course your broker is registered. That still doesn't imply any accountability on your part to do right by your clients.
  • #31
  • Oct 8, 2006 9:52am Oct 8, 2006 9:52am
I'm not as smart as Phil, so I can't join this argument; however, your "preformance" page on your site is outstanding!
  • #32
  • Oct 8, 2006 11:16am Oct 8, 2006 11:16am
Quoting philmcgrew
Of course your broker is registered. That still doesn't imply any accountability on your part to do right by your clients.
Phil

I know this has nothing to do with this topic, but can you please tell me if the Macd Dots indicator were created by you or not?

Thx
Never Ever Give Up!
  • #33
  • Oct 8, 2006 12:00pm Oct 8, 2006 12:00pm
Quoting twinchell
I'm not as smart as Phil, so I can't join this argument; however, your "preformance" page on your site is outstanding!
Yeah, because God knows it's pretty hard to alter performance stats on a website.
Mr. Trend
  • #34
  • Last Post: Oct 8, 2006 3:41pm Oct 8, 2006 3:41pm
Quoting Mr Trend
Yeah, because God knows it's pretty hard to alter performance stats on a website.
I agree 100% that stats could be altered, however stats could be altered anywhere.

I am not going to play the proof game, I've been there done that. Anything you do online there will always be people that doubt you in your endevours, it seems to come with the business.
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