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EURUSD

  • #53,981
  • Jan 6, 2009 1:31am Jan 6, 2009 1:31am
LOL
  • #53,982
  • Jan 6, 2009 1:31am Jan 6, 2009 1:31am
GM all - right now, price has stalled at the MS1 level at 1.3560 - also the 50% retrace of the last 115 pip drop in the Asian Session.

I dont yet have a confirmed sell off my 1m or 5m charts - I need to see a convincing move under 3540 with the Swissy back above 1.1125.....will The Brits show the way again......TWT - in about 30 minutes....
Trading Levels with WRBs
  • #53,983
  • Jan 6, 2009 1:33am Jan 6, 2009 1:33am
Quoting klinckphilip
1 at 3636 short

1 at 3531 short

1 at 3547 short
I need to learn how to hedge insted of getting out of the trade
  • #53,984
  • Jan 6, 2009 1:34am Jan 6, 2009 1:34am
Quoting klinckphilip
I need to learn how to hedge insted of getting out of the trade
oh and also it is drifting toward the 55 ema so we just have to wait
  • #53,985
  • Jan 6, 2009 1:35am Jan 6, 2009 1:35am
Find true ECN brokers. Saxo is a market maker (may trade against you). If you live in third world country where internet speed is quite frustrating, you might have problem with saxo since they have many products in one platform thus need a large bandwidhth.

MB is fine. Have use it several years and have no problem with it. The only problem for beginners, the platform is not too user friendly especially for beginners. Glad to have them in MT4. I'll wait untill they remove beta label to use in my live trade.

Quoting essenza
Thanks buddy..consider me not new at all, I've done live forex and take profits too. I've consolidated my trading plan and method this couple of months so I consider my self not so newbie . I learn about several good forex brokers and i understand that they all seem not having mini accounts but it won't be a problem. What I'm really looking for is Forex Broker that is accountable and trusted so i will feel safe to deposit big money there?.

What do you think about Saxo? does anyone have experience with it before?

Kind Regards,

Donald Essen...
Manage your risk accordingly and you're half done your home work.
  • #53,986
  • Jan 6, 2009 1:36am Jan 6, 2009 1:36am
Quoting bogus
Im out at 1.3557
3560 is where my stop was and it got hit..
  • #53,987
  • Jan 6, 2009 1:37am Jan 6, 2009 1:37am
Quoting essenza
Thanks buddy..consider me not new at all
Sorry, I guess I misread your initial post. If you have the capital, and it sounds like you do, then I would strongly recommend Interactive Brokers. They are as good as it gets.

Best Regards,

Bo
  • #53,988
  • Jan 6, 2009 1:37am Jan 6, 2009 1:37am
Quoting klinckphilip
I need to learn how to hedge insted of getting out of the trade
try usd/chf for eur/usd, aud/usd, for eur/aud, those have worked wonders for me..
  • #53,989
  • Jan 6, 2009 1:42am Jan 6, 2009 1:42am
Quoting klinckphilip
oh and also it is drifting toward the 55 ema so we just have to wait
fantastic
  • #53,990
  • Jan 6, 2009 1:44am Jan 6, 2009 1:44am
I breaks again!! Time to get in once again.
Manage your risk accordingly and you're half done your home work.
  • #53,991
  • Jan 6, 2009 1:44am Jan 6, 2009 1:44am
Quoting personalme
Find true ECN brokers. Saxo is a market maker (may trade against you). If you live in third world country where internet speed is quite frustrating, you might have problem with saxo since they have many products in one platform thus need a large bandwidhth.

MB is fine. Have use it several years and have no problem with it. The only problem for beginners, the platform is not too user friendly especially for beginners. Glad to have them in MT4. I'll wait untill they remove beta label to use in my live trade.

Thank you very much sir..as a matter of fact I'm from Indonesia and true that internet here is quite bad..but leave it a different problem. Okay than MB it is? I will learn about it and hopefully open an account there. Happy trade to you

Kind Regards,

Donald Essen
  • #53,992
  • Jan 6, 2009 1:45am Jan 6, 2009 1:45am
Quoting Islander
GM all - right now, price has stalled at the MS1 level at 1.3560 - also the 50% retrace of the last 115 pip drop in the Asian Session.

I dont yet have a confirmed sell off my 1m or 5m charts - I need to see a convincing move under 3540 with the Swissy back above 1.1125.....will The Brits show the way again......TWT - in about 30 minutes....

LOL - € didnt wait for the Brits - I took the short - stop now at +20
Trading Levels with WRBs
  • #53,993
  • Jan 6, 2009 1:46am Jan 6, 2009 1:46am
Quoting klinckphilip
fantastic
retrace a little so I can get another position and then 75-85 downward
  • #53,994
  • Jan 6, 2009 1:48am Jan 6, 2009 1:48am
Quoting klinckphilip
retrace a little so I can get another position and then 75-85 downward
ha ha just hedged for the first time just a little button on the side

uhh that hedge sucked
  • #53,995
  • Jan 6, 2009 1:51am Jan 6, 2009 1:51am
DEJAVU!

A repeat of yesterday downmove.,. already 100 pips down. Do you think it will go down 300 pips altogether?
{Promotion Removed}
  • #53,996
  • Jan 6, 2009 1:51am Jan 6, 2009 1:51am
Quoting essenza
Thank you very much sir..as a matter of fact I'm from Indonesia and true that internet here is quite bad..but leave it a different problem.
Donald Essen
Lol. I guessed already since you mention marketiva. I'm @ Jakarta.
Manage your risk accordingly and you're half done your home work.
  • #53,997
  • Jan 6, 2009 1:53am Jan 6, 2009 1:53am
yeaaa boiii..., 200,000 lots, time for a cobra...
  • #53,998
  • Jan 6, 2009 1:54am Jan 6, 2009 1:54am
Quoting Islander
LOL - € didnt wait for the Brits - I took the short - stop now at +20
My initial targets using the fib expansion are the 1.0 at 1.3448 and the 1.382 at 3404.....IF price can pass the S1 level at 3426......stop to +50
Trading Levels with WRBs
  • #53,999
  • Jan 6, 2009 1:57am Jan 6, 2009 1:57am
yea 1.3448 showing strong support...

will break soon though.
{Promotion Removed}
  • #54,000
  • Jan 6, 2009 1:58am Jan 6, 2009 1:58am
Quoting Islander
My initial targets using the fib expansion are the 1.0 at 1.3448 and the 1.382 at 3404.....IF price can pass the S1 level at 3426......stop to +50
Took Partial Profits at the 1.0 expansion....90 pips....
Trading Levels with WRBs
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