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EURUSD

  • #66,341
  • Feb 18, 2009 1:35pm Feb 18, 2009 1:35pm
I need i big push upppp... i can handle other push down, this is going to kill me
Liz
  • #66,342
  • Feb 18, 2009 1:36pm Feb 18, 2009 1:36pm
Quoting Lizeth_doll
I need i big push upppp... i can handle other push down, this is going to kill me
did you lock it ?
  • #66,343
  • Feb 18, 2009 1:38pm Feb 18, 2009 1:38pm
Quoting Lizeth_doll
Ok, just for who really want to help me... my msn is : [email protected] or [email protected]
Close at 1.2523 break 25% of your trade.
Then pray for we to see a retrace to about 1.2666 area and close other 25%, if no retrace after 1.2399, I am really sorry about your trade.
You can close it all now!!!
You must decide, there are no guarantees here!!!

Wish you luck!!!
  • #66,344
  • Feb 18, 2009 1:40pm Feb 18, 2009 1:40pm
Quoting nvcK
Still in short @ 1.2564, projected TP @ 1.2529.
closed my trade +25. take it and run
  • #66,345
  • Feb 18, 2009 1:41pm Feb 18, 2009 1:41pm
Quoting Lizeth_doll
I need i big push upppp... i can handle other push down, this is going to kill me


Hi! your break even?
  • #66,346
  • Feb 18, 2009 1:45pm Feb 18, 2009 1:45pm
Quoting Lizeth_doll
thanks !!
nothing i can say to help your trade this time.. but see what happend and learn from it.. dont let a trade get away from you... if 400 or so pips drains your account then you risked too much.. many are treating you more gently then they would a guy.. enjoy it.. the truth is you should of got this trade long ago before it went this far. if your gonna be a trader you need to learn from this trade....look at it.. figure out what you did wrong... at this point forget about the money assume its already lost........ at this moment in time would you enter a long??? ask yourself this... and at this moment in time is it worth risking whats left in your account... your the only one that can answer these questions. forex is not feel soft and cushy feeling..its a beast.. dont be greedy.. learn more about money management.. this is not get rich quick..its get poor quick..hope this helps..
those who can, do. those who cant, talk about those who can
  • #66,347
  • Feb 18, 2009 1:58pm Feb 18, 2009 1:58pm
Hi,

I have a couple of questions. Please note, this it is not my intention to come across as arrogant or anything else….it is just some thoughts I have been having. Okay then…..here we go!

I see people posting charts with all sorts of lines all over them which they use to support their stance, although it seems to me that there isn’t universal agreement on what each persons version of the chart means. So, I wonder about the value of spending so much time drawing lines all over the chart when the interpretation is so varied. Not criticising, just questioning the whole point of the practice.

Sometimes on this forum, often in fact, I see people waiting to enter a trade until their ‘target’ entry is achieved …… I do this too, but I don’t use flags on charts or that sort of thing. As I said in my first post, I look at the tick, minute, hour and week charts as well as listen to the news etc, and then I go with my own judgement…or ‘gut feeling’ if you like.

Also I have noticed that some people wouldn’t dream of entering a trade for less than 200 pips. Why is that? For instance, I could make 10 trades at 20 pips a shot and not have to wait several days to do it. It doesn’t make sense to me.

An analogy: You are walking along the street and a guy stops you and holds out $100 that he wants to give you. The options (as I see them) are:

1. Take the money and walk on.
2. Take the money and wait a few moments to see if he’s going to give you more
3. Not take the money in the hope that he’s going to up the offer to $500 and risk getting nothing
4. Take the money but hang around because your chart says he might give you $200 more, but risking that he’s going to put his hand in your pocket and take back the $100, plus grab another $200 while he’s in there!

I wonder whether some people are over complicating something here that seems to me to be very simple. Granted that my ‘get in and get out quick’ style may not suit everyone, and I guess we do this for different reasons, but whether you wait 10 days to make $1000 in one hit, or you make $100 per day for 10 days, the result is the same. But to my way of thinking waiting 10 days to have a shot at $1000 doesn’t seem quite right when you can chip away at it $100 per day, for instance.

I hope I haven’t caused offence, and I apologise if I have done that. I’m just curious.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #66,348
  • Feb 18, 2009 2:05pm Feb 18, 2009 2:05pm
i do as you also.. but only during the bigger move in its direction..i scalp pullbacks with one account while bigger move hopefully capturing my target using another account. others do this too.. some add and close positions during a move...same thing
those who can, do. those who cant, talk about those who can
  • #66,349
  • Feb 18, 2009 2:05pm Feb 18, 2009 2:05pm
Quoting realjumper
Hi,



I wonder whether some people are over complicating something here that seems to me to be very simple. Granted that my ‘get in and get out quick’ style may not suit everyone, and I guess we do this for different reasons, but whether you wait 10 days to make $1000 in one hit, or you make $100 per day for 10 days, the result is the same. But to my way of thinking waiting 10 days to have a shot at $1000 doesn’t seem quite right when you can chip away at it $100 per day, for instance.
that statement answers your questions. there are countless ways to trade. some people are scalpers, some are long term fundies traders. some use indicators, some use no indicators. some use channels and horizontal support/resistance levels, some use a naked chart. some trade news, others do not. some seek 10pips per trade, others 100 or even 1000. This all depends on each individual trader and comfort levels. We all do what we feel is right for us. This in turn brings forums such as this one into play. Because we each have our own ways of trading, we take the time to compare our observations. If we happen to see sometimes something that we could incorporate into our own trading strategies, we take it and use it. Forex is forever changing, forever adapting to fundamentals and correlations. there is no one way to do things, there are many ways and most of us just try to stay up to date with what works in the present.
Different opinions highly valued, ignorant to slander.
  • #66,350
  • Feb 18, 2009 2:06pm Feb 18, 2009 2:06pm
Certainly not offended by your post. I don't think it's a matter of getting in and out quickly is good or bad. I just cannot make money that way, it doesn't work for me. Trading less frequently and targeting more pips works for me, that's the only reason I trade that way. I don't know about anyone else.
  • #66,351
  • Feb 18, 2009 2:06pm Feb 18, 2009 2:06pm
that's the beauty of trading rj... if everyone traded the same way their would be no market to trade... and it all depends on the TF you are trading as you said... nope, you don't come across as arrogant to me... just a trader
  • #66,352
  • Feb 18, 2009 2:08pm Feb 18, 2009 2:08pm
last hour lets c if tiny profits are taken...or i lose my bet
those who can, do. those who cant, talk about those who can
  • #66,353
  • Feb 18, 2009 2:10pm Feb 18, 2009 2:10pm
Quoting realjumper
Hi,

I have a couple of questions. Please note, this it is not my intention to come across as arrogant or anything else….it is just some thoughts I have been having. Okay then…..here we go!

I see people posting charts with all sorts of lines all over them which they use to support their stance, although it seems to me that there isn’t universal agreement on what each persons version of the chart means. So, I wonder about the value of spending so much time drawing lines all over the chart when the interpretation is so varied. Not criticising,...

is understandable. we all have different trading styles. like me you will not catch me trading on a tick or 5 min chart or even other pairs....i used to trade other pairs but they sucked....ohhhh i mean..i would not do very well with other pairs........i use a simple system i believe dicipline makes a trader....the trader can have the best system in the world but if he doesnt follow the rules that go with the system they are headding for faillure.
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #66,354
  • Feb 18, 2009 2:12pm Feb 18, 2009 2:12pm
Quoting realjumper
Hi,

I have a couple of questions. Please note, this it is not my intention to come across as arrogant or anything else….it is just some thoughts I have been having. Okay then…..here we go!

I see people posting charts with all sorts of lines all over them which they use to support their stance, although it seems to me that there isn’t universal agreement on what each persons version of the chart means. So, I wonder about the value of spending so much time drawing lines all over the chart when the interpretation is so varied. Not criticising,...
Bravo, Well done....take the money and run (Steve Miller Band)
  • #66,355
  • Feb 18, 2009 2:16pm Feb 18, 2009 2:16pm
Quoting gatorinla
dono but goldmen big shots need some cash to pay margin calls..poetic justice..
Like the topic. Do you have a link ok source. Thanks
  • #66,356
  • Feb 18, 2009 2:21pm Feb 18, 2009 2:21pm
Quoting jphotdeals
Bravo, Well done....take the money and run (Steve Miller Band)
Ahh the Steve Miller Band.....now I can't get the song out of my head!!!!!

Thank you all for answering my post. I'm happy that I didn't piss anyone off with my newbie questions.

What I have just learned is that there IS no right or wrong way.....no one has a better or worse way of trading.....if it works for the individual, no matter how it works....it WORKS!!!

Thank you all
Doing what you like is Freedom. Liking what you do is Happiness.
  • #66,357
  • Feb 18, 2009 2:27pm Feb 18, 2009 2:27pm
Quoting sailor6
Like the topic. Do you have a link ok source. Thanks

2400 even is my next projection before we see what might happen next. I would imagine it will be a long day and the euro session may touch the 2400 level. Then blast off away from it not to say thats the end of the down trend though
  • #66,358
  • Feb 18, 2009 2:34pm Feb 18, 2009 2:34pm
Quoting realjumper
Ahh the Steve Miller Band.....now I can't get the song out of my head!!!!!

Thank you all for answering my post. I'm happy that I didn't piss anyone off with my newbie questions.

What I have just learned is that there IS no right or wrong way.....no one has a better or worse way of trading.....if it works for the individual, no matter how it works....it WORKS!!!

Thank you all
ill screw u more...since we all trade different timelines a buy for some can cost a scalper dearly.. gravitate to whomever trades your style..but the longer term traders are a great direction to trade.. with using that rule a scalper maybe coutertrend trades should be less positions..

fly like an eagle... this should screw up your day
those who can, do. those who cant, talk about those who can
  • #66,359
  • Feb 18, 2009 2:37pm Feb 18, 2009 2:37pm
Quoting sailor6
Like the topic. Do you have a link ok source. Thanks
chalie gasparino
those who can, do. those who cant, talk about those who can
  • #66,360
  • Feb 18, 2009 2:40pm Feb 18, 2009 2:40pm
Quoting gatorinla
ill screw u more...since we all trade different timelines a buy for some can cost a scalper dearly.. gravitate to whomever trades your style..but the longer term traders are a great direction to trade.. with using that rule a scalper maybe coutertrend trades should be less positions..
Good point...thank you


Quoting gatorinla
fly like an eagle... this should screw up your day
Noooooo..........Big old jet airliner........
Doing what you like is Freedom. Liking what you do is Happiness.
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