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  • #85,901
  • Apr 15, 2009 8:29am Apr 15, 2009 8:29am
Quoting Robby
Well Turveyd When you find out how to stop the big loss....let me know...I have the same problem you have! I am in the eur/usd now at 1.3350 area long...trying to buy dips and sell out when it starts back down to make the loss less painfull!!!!

Yep sucks don't it, I crack that I'm rich, it's all about Mind Set, if you let the market move against you at all they your doomed, you'd got to get the mind set to BAIL and not trade on HOPE it'll turn up.

The Direction is Key, EURO currently I know the direction is down and I'm currently at a loss, EurJpy I coulda sold 50pips higher, the 5sma direction turned down I shoulda took the profit and RAN but NO I HOPED for More.

Got to let go of HOPE hope is the mind killer for trading


Yes I am mainly saying this to myself
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #85,902
  • Apr 15, 2009 8:30am Apr 15, 2009 8:30am
It is that all people around here should tell that if they are live or Demo.

I am LIVE, just to be recorded!!!

All my posts it is about Live trades.

I see some people here that probably are Demo Trading and it would be important to mention that!!
  • #85,903
  • Apr 15, 2009 8:33am Apr 15, 2009 8:33am
Quoting Turveyd
Thats only if you pick a random point to enter without consulting the chart.

I've got a 90% win rate on my account this year, that simply would not be possibly without directions having momentum, without averaging down errrmmm too often

But I have a issue with losses becoming HUGE Losses and even with a 90% win rate I'm not making much money currently, which sadly is a works in progress.

Trades based on HOPE = LOSSES!!!
there is not point in hashing this over and over, my charts tell me with over 80% certainity where the market is going, I stopped chasing it long ago and stopped guessing long ago.
Don't chase the market, Let the market come to you
  • #85,904
  • Apr 15, 2009 8:34am Apr 15, 2009 8:34am
Quoting BoredToLoose
It is that all people around here should tell that if they are live or Demo.

I am LIVE, just to be recorded!!!

All my posts it is about Live trades.

I see some people here that probably are Demo Trading and it would be important to mention that!!
your posted chart showed that this morning already.

2 charts same broker same TF same time posting
Don't chase the market, Let the market come to you
  • #85,905
  • Apr 15, 2009 8:35am Apr 15, 2009 8:35am
PA showing buyers here, but my DOWN was correct although I hoped for up ofcourse,.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #85,906
  • Apr 15, 2009 8:38am Apr 15, 2009 8:38am
Quoting Tmac
there is not point in hashing this over and over, my charts tell me with over 80% certainity where the market is going, I stopped chasing it long ago and stopped guessing long ago.
Hey I think writing that cost me a lot of money when I took my eye off the ball so don't say that

Looking good, but sadly this is just a up blip in a Downtrend odds are it'll turn down again
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #85,907
  • Apr 15, 2009 8:38am Apr 15, 2009 8:38am
went short 100sl100ts
  • #85,908
  • Apr 15, 2009 8:40am Apr 15, 2009 8:40am
Quoting Tmac


damn man stop the begging and learn to read CHARTS and candlesticks

the all in long was not meant to be a trade to take, it was meant to be sarcastic for this person that begs all the time
Guys like him were the reason FF gave us an ignore list.
  • #85,909
  • Apr 15, 2009 8:40am Apr 15, 2009 8:40am
1.1375 to clear then it's all upside, 1.3210 next Resistance level.

3170 60mins stuck under currently
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #85,910
  • Apr 15, 2009 8:42am Apr 15, 2009 8:42am
Quoting BoredToLoose
It is that all people around here should tell that if they are live or Demo.

I am LIVE, just to be recorded!!!

All my posts it is about Live trades.

I see some people here that probably are Demo Trading and it would be important to mention that!!
Just for the record then, I am also Live.
  • #85,911
  • Apr 15, 2009 8:45am Apr 15, 2009 8:45am
Quoting Tenshi28
Just for the record then, I am also Live.

Me to, although still in $1 per pip learning mode, not commited larger funds as yet until I resolve certain brain mailfunctions
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #85,912
  • Apr 15, 2009 8:46am Apr 15, 2009 8:46am
Quoting BoredToLoose
It is that all people around here should tell that if they are live or Demo.

I am LIVE, just to be recorded!!!

All my posts it is about Live trades.

I see some people here that probably are Demo Trading and it would be important to mention that!!

I'm with you buddy....LIVE 10% margin right now, sell EU in 1.3141...since friday
  • #85,913
  • Apr 15, 2009 8:48am Apr 15, 2009 8:48am
It is very hard to find out some levels for today.
I have closed my big short at 1.3177. + 50 pips, I had this trade since Monday.

I continue to see Down pressure, but as we could see about later PA, it can do very strange things.
After 1.3255 cross I was waiting to see if 1.3377 could be broken, and it was but not consistently, then 1.3411 was my last level, it was there then it would kill some of my shorts, see for some time PA after that and start thinking about hedging.
At this point I am looking My Daily Chart and we can see for next 5 days very strange and volatile PA. I will not open more trades, and I short only.
will close some shorts below 1.3100 and wait every rises to short again, only above 1.3333. That's all from me about trading for next days.
  • #85,914
  • Apr 15, 2009 8:51am Apr 15, 2009 8:51am
What do You think of buy stop @1,3190 SL 1,3146 TP1,3257




Peter
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 13 KB
Jesus Christ is my only Lord !
  • #85,915
  • Apr 15, 2009 8:55am Apr 15, 2009 8:55am
Quoting hipcio
What do You think of buy stop @1,3190 SL 1,3146 TP1,3257




Peter
Buyers be ware right now....dont buy unless we break above 1.3200 or S1
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #85,916
  • Apr 15, 2009 8:57am Apr 15, 2009 8:57am
before I go let me throw out one more thing about trading

IMHO you need one key ingrediant to make it in forex besides all the basics.

good ole common sense.... think about this for awhile and happy trading
Don't chase the market, Let the market come to you
  • #85,917
  • Apr 15, 2009 8:59am Apr 15, 2009 8:59am
Quoting hipcio
What do You think of buy stop @1,3190 SL 1,3146 TP1,3257




Peter
3190 is a key S/R point so above it will be better if you take the trade, never take a trade long or short AT a S/R point unless you are scalping

let it break first and R become S
Don't chase the market, Let the market come to you
  • #85,918
  • Apr 15, 2009 9:06am Apr 15, 2009 9:06am
Where dose this run stop on the Eur/Usd ? I am currently long at 1.3167...anyone see where the top is in this ?
  • #85,919
  • Apr 15, 2009 9:08am Apr 15, 2009 9:08am
My average is above 1.3244 and I will leave this account to breath a little bit more, but a x.xx44 stop is not good sign for shorts.
Must kill this number fast.

As most already have figured it out, I Trade a lot with some levels, like x.xx33, x.xx44, x.xx77, x.xx11 and others.
  • #85,920
  • Apr 15, 2009 9:18am Apr 15, 2009 9:18am
Quoting Robby
Where dose this run stop on the Eur/Usd ? I am currently long at 1.3167...anyone see where the top is in this ?
based on my view man...1.3167 is serving as a support right now. but is very weak....i would not go long right now...
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
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