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EURUSD

  • #90,921
  • Apr 30, 2009 12:51am Apr 30, 2009 12:51am
Quoting rahulw
you want to say, i shall close both positions ? EU wont come down this week ?
I'm saying if you're afraid, you should ask yourself why that is. And find out if there is any rationality behind that fear.

I don't know your particular circumstances and what motivates that fear. But you do.

If you find that you have a rational reason motivating that fear, then consider closing one or both positions.

As long as you have a pulse and that there is a tomorrow on the calendar, there is a next trade. Not all is lost.
Not all sins are created equal
  • #90,922
  • Apr 30, 2009 12:51am Apr 30, 2009 12:51am
already said enough. It's up to you to stick to your plan
  • #90,923
  • Apr 30, 2009 12:51am Apr 30, 2009 12:51am
Quoting warta
hidden bearish divergence on 4 h chart
Why you call it "hidden"?
  • #90,924
  • Apr 30, 2009 12:55am Apr 30, 2009 12:55am
huh?? if you want to make one dollar only risk .50 cents.. it looks like you went short and the pair went north and you continued to move sl back losing more money.. you should never risk more then 1% of account at least till you know what your doing. you should paper trade a practice account months at the least before trading real money...

for now all you can do is decide if you can stand losing more. we may have hit the high for now i dont know.. but if you put sl a little above todays high you may be able to break even.. if you sell now your out whatever it is..i think it may test high. its just speculation. it should go down after run up.. but i cant tell how high it is. you have to decide that for yourself..but dont let this runup drain your account.. you can get out now and re-enter always later when its on its way back down. welcome to the school of hard knocks.. forex is not always easy..practice then practice some more.. try baby pips here.
those who can, do. those who cant, talk about those who can
  • #90,925
  • Apr 30, 2009 12:55am Apr 30, 2009 12:55am
Quoting cobraforex
Why you call it "hidden"?
its by mistake i did correct it
  • #90,926
  • Apr 30, 2009 12:55am Apr 30, 2009 12:55am
132.42 right? I have a indie I'm using and want to make sure it's set up ok.
  • #90,927
  • Apr 30, 2009 12:57am Apr 30, 2009 12:57am
2 sessions left... and the silly monthly chart's no help either.
Attached Image
FUBAR...
  • #90,928
  • Apr 30, 2009 12:58am Apr 30, 2009 12:58am
Quoting Fly2
132.42 right?
works for me...

http://www.forexfactory.com/showthre...91#post2703991
FUBAR...
  • #90,929
  • Apr 30, 2009 12:59am Apr 30, 2009 12:59am
Quoting ak4x
works for me...

http://www.forexfactory.com/showthre...91#post2703991
>>>>
  • #90,930
  • Apr 30, 2009 1:00am Apr 30, 2009 1:00am
Quoting ak4x
2 sessions left... and the silly monthly chart's no help either.
The monthly chart is like trying to read tea leaves...in a pot of coffee.
Not all sins are created equal
  • #90,931
  • Apr 30, 2009 1:03am Apr 30, 2009 1:03am
fly2, i'm curious and would like to confirm something. do you have your close time for the pivots set to 5pm EST? and if not, then do you know what time they do calculate from?
FUBAR...
  • #90,932
  • Apr 30, 2009 1:05am Apr 30, 2009 1:05am
the moment draws near. I'm pretty much just waiting for price to reach 3315 to place my short. If you take a look on a 4 hour chart, it's easy to spot the wave like structure of the trend. price folded back below the previous high at around 12 (i made a good 75 pip scalp from that). Now i'm just waiting for it to rally back up before i re-enter again. any thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 29 KB
  • #90,933
  • Apr 30, 2009 1:05am Apr 30, 2009 1:05am
Quoting warta
its by mistake i did correct it
I imagined that it was a typo
  • #90,934
  • Apr 30, 2009 1:07am Apr 30, 2009 1:07am
Already taken profit and now looking to building a nice long position on sustained pullbacks
  • #90,935
  • Apr 30, 2009 1:08am Apr 30, 2009 1:08am
Quoting rahulw
Below mentioned are my positions, i am very afraid to loose all now. Please can someone advice ?
You have already lost it, btw.
Time goes you say? Ah, no! Time stays. We go...
  • #90,936
  • Apr 30, 2009 1:08am Apr 30, 2009 1:08am
Quoting rahulw
Below mentioned are my positions, i am very afraid to loose all now. Please can someone advice ?
Forex is all abt winning and loosing, i got burnt out last year jus by keepin my trades open. but u learn from mistakes. i stopped trading forex after that burn out. cuz i tht i cant jus do it, but now i am back again and still learning.

so if i was in your position i would have considered it a bad day and would have closed my positions. its always better to have something than nothing.

moreover, don make your trades by reading this thread please. make your own plan or learn a good one. don get ur self confused. paper trade then go live.
  • #90,937
  • Apr 30, 2009 1:12am Apr 30, 2009 1:12am
o wow...and now it's testing yesterday's high. good thing i decided to wait...
  • #90,938
  • Apr 30, 2009 1:13am Apr 30, 2009 1:13am
hi all
rahlw ..
we mabe see 1.3420-30 in final ..
u can buy 12000 eur .. if that go down u can close 0.0 but if go up u can close buy and change s.t for 1.3530
  • #90,939
  • Apr 30, 2009 1:14am Apr 30, 2009 1:14am
can anyone tell what was the german unemployment news, can't find them anythere??
thanks
  • #90,940
  • Apr 30, 2009 1:14am Apr 30, 2009 1:14am
Quoting rip1999eternal
the moment draws near. I'm pretty much just waiting for price to reach 3315 to place my short. If you take a look on a 4 hour chart, it's easy to spot the wave like structure of the trend. price folded back below the previous high at around 12 (i made a good 75 pip scalp from that). Now i'm just waiting for it to rally back up before i re-enter again. any thoughts?
Yesterday previous high was 1.3339. Shouldn't this be an ideal place to short?
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