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  • #77,561
  • Mar 19, 2009 4:31am Mar 19, 2009 4:31am
Hi MohFarid

nice to meet you guys here this forum is a great one connecting people all around the globe
today I am watching the market

I have a tiny long waiting to see the 3550 as first target
not risking much because of the crazy market movement yesterday
I SEE YOU !!
  • #77,562
  • Mar 19, 2009 4:34am Mar 19, 2009 4:34am
Quoting mohfaid
Shabab

Mategy ne3mel group 3ala el nas de2

ta7ya masr

I Have My own Egyptian Website ..

One Of The Best Forums Sites in Egypt
  • #77,563
  • Mar 19, 2009 4:35am Mar 19, 2009 4:35am
Dear Man

Only monthly basis,,euro still in down trend,,it pevious month close was so bad,,,,I am shorting and lossing much money,,and yesterday upmove killed me,,,,I can't go out now,,I will keep short to even close it on 1.2730

I hope so





Quoting dbfusion
Hi MohFarid

nice to meet you guys here this forum is a great one connecting people all around the globe
today I am watching the market

I have a tiny long waiting to see the 3550 as first target
not risking much because of the crazy market movement yesterday
  • #77,564
  • Mar 19, 2009 4:47am Mar 19, 2009 4:47am
Quoting mohfaid
Dear Man

Only monthly basis,,euro still in down trend,,it pevious month close was so bad,,,,I am shorting and lossing much money,,and yesterday upmove killed me,,,,I can't go out now,,I will keep short to even close it on 1.2730

I hope so
Hey Mohfaid,
Have you thought about placing Stop Orders on open positions? I've heard that a lot of retail traders did not have Stops in place for that move. I know for my situation, I never trade News Announcements. I've been burned by Benanke all too many times when he speaks. I'll trade low level news releases but will not enter a position before a major news release or news announcement.

I'd figured out, that News/Announcement trading is not for us "retail" folks. Remember to do anything you can to help hold on to your equity. Just something you might want to consider in the future.

Happy Pipin
  • #77,565
  • Mar 19, 2009 4:49am Mar 19, 2009 4:49am
Quoting J e M y
I Have My own Egyptian Website ..

One Of The Best Forums Sites in Egypt
Hi Jemy
I am Galal from Egypt
what is your site
please write the link for that site
thnkx
  • #77,566
  • Mar 19, 2009 4:51am Mar 19, 2009 4:51am
Quoting mohfaid
Dear Man

Only monthly basis,,euro still in down trend,,it pevious month close was so bad,,,,I am shorting and lossing much money,,and yesterday upmove killed me,,,,I can't go out now,,I will keep short to even close it on 1.2730

I hope so
sorry to hear about this terrible loss ,I look at weekly and I see a big double bottom forming
and on daily i see we broke the down trend 1 week ago
I was only taking long positions since 5 days
but ofcorse I didn't see this huge move coming, I don't know if any one saw it coming

I was in cinema when that rally happened
I SEE YOU !!
  • #77,567
  • Mar 19, 2009 5:04am Mar 19, 2009 5:04am
if you look monthly, you allso see a double bottom ,before the spike...


BTW, happy day to all fathers (spain's father's day today)
  • #77,568
  • Mar 19, 2009 5:11am Mar 19, 2009 5:11am
Quoting jackdan
if you look monthly, you allso see a double bottom ,before the spike...


BTW, happy day to all fathers (spain's father's day today)
Happy Fathers day to all
I SEE YOU !!
  • #77,569
  • Mar 19, 2009 5:14am Mar 19, 2009 5:14am
steadly going to my target

I will cash here no need for greed
I SEE YOU !!
  • #77,570
  • Mar 19, 2009 5:16am Mar 19, 2009 5:16am
Quoting dbfusion
steadly going to my target

I will cash here no need for greed
what is ur target?
  • #77,571
  • Mar 19, 2009 5:17am Mar 19, 2009 5:17am
locked in a profit off off the long thing looking up
  • #77,572
  • Mar 19, 2009 5:18am Mar 19, 2009 5:18am
Quoting Ardafx
what is ur target?
from 3530 to 3550
i first placed it at 3550

then modified it to 3530
and now i closed it manually
I SEE YOU !!
  • #77,573
  • Mar 19, 2009 5:18am Mar 19, 2009 5:18am
breakout variant with nearest targets 1,3580/1,3600

in case extend wave - 1,3660/80, 1,3780/1,3820
{Promotion Removed}
  • #77,574
  • Mar 19, 2009 5:19am Mar 19, 2009 5:19am
Quoting richboy1972
Hi traders!
Yestarday was a bad day for my bear and today I hope well.
What your target?

I think we could touch 1,36 today.
Bye.
Your not only one to have a bad day yesterday!
  • #77,575
  • Mar 19, 2009 5:20am Mar 19, 2009 5:20am
it still can go up but 45 pips are enough for now and I will back off and watch for a while
I SEE YOU !!
  • #77,576
  • Mar 19, 2009 5:22am Mar 19, 2009 5:22am
Quoting dbfusion
it still can go up but 45 pips are enough for now and I will back off and watch for a while
i will close my tiny long it it goes below 1.3509 and closes there in 1M charts
otherwise 1.3526 is my target
long since 1.3500
  • #77,577
  • Mar 19, 2009 5:25am Mar 19, 2009 5:25am
those who longed at the lows of 1.25 must be happy now lol
  • #77,578
  • Mar 19, 2009 5:27am Mar 19, 2009 5:27am
Hi everybody.

There's no question that the Fed's decision to inject $1 trillion into the market is initially dollar negative, effect of which we're seeing as traders' first reaction is to move away from soon-to-be-over-supplied dollar. But isn't it also possible that when this initial effect settles, a sizable flock of investors will want to buy US treasuries because the government purchase is likely to drive up bond price? If that happens, will we see another surge in dollar strength, pressuring EUR/USD back down to some degree? The tricky part is to know the timing when each of these events will take effect and how long it will persist. Also tricky is gauging which side is likely to win the tuck-of-war in the end.

I really can't picture how this dichotomy will ultimately play out. We know Euro will appear weak again eventually as people are reminded that Europe is well behind the recovery curve as ECB is reluctant in taking action to stem the region's economic problems.

I would be very interested in hearing from the more experienced traders here.

Thank you! :nerd:

Anthony
  • #77,579
  • Mar 19, 2009 5:31am Mar 19, 2009 5:31am
Quoting Ardafx
i will close my tiny long it it goes below 1.3509 and closes there in 1M charts
otherwise 1.3526 is my target
long since 1.3500
I scalp using the 1-2-3 or A-B-C price movement only longs in these days

when it rallied from 2420 to 3510 that's 90 pips then retraced till 3460 and then started climbing again i entered at 3470 and adding 90 to 3460 gives target 3550

and if you calculated the rally starting 3440 insted of 3420 thats 70 pips with target 3530

i saw it hitting close so i closed it
I SEE YOU !!
  • #77,580
  • Mar 19, 2009 5:34am Mar 19, 2009 5:34am
Yesterday bad day also for me , I'm used to trade on H1 and check H4 and D to understand the main trend and "try" to follow it, but lately I'm little lost, bulls in one and bears in the others...
where I'm wrong? usually what u do?

Quoting Lady broker
Your not only one to have a bad day yesterday!
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