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EURUSD

  • #91,821
  • May 1, 2009 6:49am May 1, 2009 6:49am
Quoting notch
...pulling my plonker.

I said earlier to this guy go and spend the 150 on having a good time. Ok it was 300 quid.

Didnt know what he was doing a total novice.

A trader for 48hrs.
rat
  • #91,822
  • May 1, 2009 6:50am May 1, 2009 6:50am
Quoting Atlast
Yeah, that happens. Not the worse trade. SL in place makes it good trade. Little consolation though there is a lot of trading to do as volatility is here now
I'm out for the day, lost my max for one day. First losing week in a LONG time, but I don't want to lose more by revenge trading. So it looks like an early weekend for me.

Good luck to the rest of you, see you next week...
  • #91,823
  • May 1, 2009 6:51am May 1, 2009 6:51am
Quoting rattyo
I dont want to be horrible to you but your not realistic!!!! Theres hundreds of thousands of chancers around that think they can start trading with a few hundred quid losing or gaining over half or all there account and money in the world on one or two trades.

To be honest with you. Your better of going out and having a good time with your 150 bucks or give it to a good cause. The spreadbeeting firms are like preditors sucking up naivee peoples money.
That will not last 5 minutes in this arena and the questions your asking sugest you don't have...
This is what i posted earlier. He didnt listen!!!!!!!!!!!!!!
rat
  • #91,824
  • May 1, 2009 6:51am May 1, 2009 6:51am
Quoting rattyo
I said earlier to this guy go and spend the 150 on having a good time. Ok it was 300 quid.

Didnt know what he was doing a total novice.

A trader for 48hrs.

Spend the money on trading books. Martin Pring will help to get you there.
  • #91,825
  • May 1, 2009 6:53am May 1, 2009 6:53am
Quoting rattyo
This is what i posted earlier. He didnt listen!!!!!!!!!!!!!!
Rattyo, nice chest you have there.
  • #91,826
  • May 1, 2009 6:53am May 1, 2009 6:53am
Quoting rattyo
I said earlier to this guy go and spend the 150 on having a good time. Ok it was 300 quid.

Didnt know what he was doing a total novice.

A trader for 48hrs.
Everybody starts out at the same point. What you do with the $ education determines if you are a worker bee or wanna be.
  • #91,827
  • May 1, 2009 6:55am May 1, 2009 6:55am
Quoting Dolphinepips
welcome Atlast

If not for ISM news at 1400GMT, I will be short bias too...
Could be we see a lot of ranging moves before then.
  • #91,828
  • May 1, 2009 6:56am May 1, 2009 6:56am
Quoting dysan4x
Everybody starts out at the same point. What you do with the $ education determines if you are a worker bee or wanna be.
This fixed odds company has already stopped me from trading the EURUSD, GBPUSD & USDCHF. Baytchessss, I only started taking a punt yesterday.
  • #91,829
  • May 1, 2009 6:59am May 1, 2009 6:59am
Quoting notch
This fixed odds company has already stopped me from trading the EURUSD, GBPUSD & USDCHF. Baytchessss, I only started taking a punt yesterday.
I couldn't begin to translate that - but ok.
  • #91,830
  • May 1, 2009 6:59am May 1, 2009 6:59am
Quoting F.x.
I'm out for the day, lost my max for one day. First losing week in a LONG time, but I don't want to lose more by revenge trading. So it looks like an early weekend for me.

Good luck to the rest of you, see you next week...
Have a good weekend. You are a seasoned trader. good to see that. Lets make next week a joyful week.
  • #91,831
  • May 1, 2009 7:07am May 1, 2009 7:07am
Quoting dysan4x
I couldn't begin to translate that - but ok.

Yesterday, I located a fixed odds financial betting company. Basically, I can place a bet on whether the market will be up or down in the next 30secs to 4 minutes. Well this seems like easy money so I've been cleaning up since yesterday. The instruments that I have been trading have been withdrawn by the said company and since, the world revolves around me, I thought they may have done it due to me fleecing them.
  • #91,832
  • May 1, 2009 7:08am May 1, 2009 7:08am
Quoting notch
Yesterday, I located a fixed odds financial betting company. Basically, I can place a bet on whether the market will be up or down in the next 30secs to 4 minutes. Well this seems like easy money so I've been cleaning up since yesterday. The instruments that I have been trading have been withdrawn by the said company and since, the world revolves around me, I thought they may have done it due to me fleecing them.
I understand now. Thanks for the translation.
  • #91,833
  • May 1, 2009 7:11am May 1, 2009 7:11am
But it has now come to my attention that I'm obviously suffering from the overconfidence and arrogance that only comes from a VERY STRONG winning streak so I'm through trading for the day because we all know what's around the corner..
  • #91,834
  • May 1, 2009 7:13am May 1, 2009 7:13am
Quoting notch
But it has now come to my attention that I'm obviously suffering from the overconfidence and arrogance that only comes from a VERY STRONG winning streak so I'm through trading for the day because we all know what's around the corner..
  • #91,835
  • May 1, 2009 7:26am May 1, 2009 7:26am
Some thoughts.

Price have been fluctuating between tightening trend lines and slower sma's on D1 timeframe. Mostly between 1.3000 and 1.3300. Now the price is looking for the right direction in longer term. Soon there will be some bigger move, so get ready. Personally I think that breakout will be upward. Possible targets 1.3740 or 1.4150.
EURUSD have strong support at 1.3000 area and resistance at 1.3320 - 1.3330.
Comparing EUR and USD index charts, EUR seems to be in better position. USD is holding on lower trendline, but losing its strenght every day. If trendline breaks, USD will drop.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: d1_01_05.gif Size: 24 KB
Click to Enlarge Name: w1_01_05.gif Size: 27 KB
Click to Enlarge Name: usdx_01_05.gif Size: 23 KB
  • #91,836
  • May 1, 2009 7:27am May 1, 2009 7:27am
i have bought a ticket for a trip south
  • #91,837
  • May 1, 2009 7:29am May 1, 2009 7:29am
Quoting Atlast
i have bought a ticket for a trip south
I have the seat right next to you. Traveling economy right now.
  • #91,838
  • May 1, 2009 7:34am May 1, 2009 7:34am
Quoting dysan4x
I have the seat right next to you. Traveling economy right now.
Economy is the way to go today. Lets crack open a bottle of wine on the way if it gets below 1.3267.
  • #91,839
  • May 1, 2009 7:41am May 1, 2009 7:41am
taken 1/2 off and set break even
  • #91,840
  • May 1, 2009 7:44am May 1, 2009 7:44am
Quoting Atlast
taken 1/2 off and set break even
I'm letting what little bit I have ride till we get to the station. Probably add more passengers as the trip goes on.
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