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EURUSD

  • #105,621
  • Jun 4, 2009 12:17am Jun 4, 2009 12:17am
Quoting Peterex
Same shit happened to me yesterday, 2 days profit gone in 1 hour.. dont even think about it...think as if its the cost of the learning process.

True, but seriously how many times do I have to learn!!

running my normal system again today 90 pips up...

Have printed out a sheet which tells me to be structured.... staring at it now...
  • #105,622
  • Jun 4, 2009 12:18am Jun 4, 2009 12:18am
Quoting gatorinla
best you can do it not trade today. dont chase the loss.. clear your head and come back an hour after nfp or even monday...or even take a week off.. grudge trades are lossers..

exactly what I did yesterday...

which was s#¤ hard
  • #105,623
  • Jun 4, 2009 12:19am Jun 4, 2009 12:19am
Quoting notch
Don't revenge trade there are plenty of opportunities to exploit.

True, true.... I just get so P#¤¤ of... why even try to trade without setups...
  • #105,624
  • Jun 4, 2009 12:26am Jun 4, 2009 12:26am
I took a small short to begin with. (-2 pips now).
IMHO it can go up to a little bit over 1.40, and I expect it to go down from there.
I have daily pivot @ 1.4205, S1 @ 1.4071 and R1 @ 1.4301.
If it breaks 1.4071 then I believe we are in a bigger retrace or maybe a change of trend.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #105,625
  • Jun 4, 2009 12:29am Jun 4, 2009 12:29am
-1.2% for today allready... I am having a bad feeling for this day. :-/
  • #105,626
  • Jun 4, 2009 12:32am Jun 4, 2009 12:32am
bullish forming macd 15m. dunno until when
Gambling with PA
  • #105,627
  • Jun 4, 2009 12:40am Jun 4, 2009 12:40am
About the same here!! Those days are the best, because you can actually learn so much about yourself! Expensive, but in the long run very valuable!

Quoting TrooperCoope
-1.2% for today allready... I am having a bad feeling for this day. :-/
  • #105,628
  • Jun 4, 2009 12:44am Jun 4, 2009 12:44am
Quoting gatorinla
new numbers for scalpers.. same rules 4155 pp 42101 4165 4155 4144 4130 4109

add 4179 and 4175
numbers still working i see..
those who can, do. those who cant, talk about those who can
  • #105,629
  • Jun 4, 2009 12:47am Jun 4, 2009 12:47am
Quoting TrooperCoope
-1.2% for today allready... I am having a bad feeling for this day. :-/
Sorry to hear that trooper , you are scalping when no clear movement , simple up & down but yet if you hold them you should not loose they can be green again , better wait for some time to have clear direction .Hope will recover in no time .
thanks ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #105,630
  • Jun 4, 2009 12:48am Jun 4, 2009 12:48am
Hi traders, let's follow the moves. I am short already off the lowest risk trade you can imagine. Got to watch any news disturbing momentum today.
  • #105,631
  • Jun 4, 2009 12:49am Jun 4, 2009 12:49am
Quoting gurangax
bullish forming macd 15m. dunno until when
turned to bearish but need 10 min for confirmation
Gambling with PA
  • #105,632
  • Jun 4, 2009 12:52am Jun 4, 2009 12:52am
Quoting fontu
Sorry to hear that trooper , you are scalping when no clear movement , simple up & down but yet if you hold them you should not loose they can be green again , better wait for some time to have clear direction .Hope will recover in no time .
thanks ,
fontu
Yeah your right. Pinpointing the m1 chart during asian session... and then even against the trend is not smart. Switched to watching the m5 more now. Makes it more clear and made some losses back on that nice drop just now.
  • #105,633
  • Jun 4, 2009 12:52am Jun 4, 2009 12:52am
Quoting TrooperCoope
-1.2% for today allready... I am having a bad feeling for this day. :-/
If you are negative and have a bad feeling for this day then the wisest thing you can do is STOP TRADING, WAIT TILL YOU'VE SLEPT OVER IT and then try again.
Get a clear head first. Are you "Overtrading"?

Or, what i have done a while ago, take in some booze and try again, in my case it helped and I got out in profit. But I wouldn't recommend that.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #105,634
  • Jun 4, 2009 12:57am Jun 4, 2009 12:57am
Quoting KillerWhale
If you are negative and have a bad feeling for this day then the wisest thing you can do is STOP TRADING, WAIT TILL YOU'VE SLEPT OVER IT and then try again.
Get a clear head first. Are you "Overtrading"?

Or, what i have done a while ago, take in some booze and try again, in my case it helped and I got out in profit. But I wouldn't recommend that.
Good call ehehe
No, its just that I dont have a system that is set in stone. I am trying to learn the market, not a system. The problem with discretionary trading of course is, that one can fall into a temporary habbit of chasing trades and seeing opportunities when in fact there are none.


Slapped myself into the face a few times now and hope to see clear again.
  • #105,635
  • Jun 4, 2009 12:57am Jun 4, 2009 12:57am
Phew, 4 pips away from BE. Taking some off now.
  • #105,636
  • Jun 4, 2009 1:00am Jun 4, 2009 1:00am
Quoting knuckledrag
I've thought about it, and thougth about it again. Your response to Chicky made my mind up.

You rubbed me the wrong way from the beginning, I am some what forgiving in this, but I now think I have to say "I was right from the start".

Small people find it hard to achieve anything in life because they are not willing to hold anything they do up to the critical light of open debate. Political small people (people that need others to think highly of them) only measure the worth by the number of people the have stepped on.

You sir are a small...

Knuckle, Thank you for you pleasant post which I found highly constructive and positive. You are obviously a highly intelligent individual so there would be little point in me disagreeing with a word that you have wrote. All I can say is that you are 100% correct! Yes, 100%. I agree - YES I AGREE - with every single word you have written.

Now that's out of the way is anyone trading the EURUSD or is it another day of conflict and tribulations?


P.S. Agree with your adversaries quickly!
  • #105,637
  • Jun 4, 2009 1:02am Jun 4, 2009 1:02am
Mmmmh... did Frankfurt launch a rocket there?
  • #105,638
  • Jun 4, 2009 1:04am Jun 4, 2009 1:04am
Quoting Chicky
Knuck, in my bookmaking career of more than thirty years, many punters betted against me and went broke, some asking for bus fare home, I never made fun of them ...... nor will do this time. I can invent and post any number of shit cycles in my name, but I wont.

Of course you are correct. 100% correct and I agree with every word. Opps...there that S*&^ word again!

Anyway, is anyone trading the EURUSD?
  • #105,639
  • Jun 4, 2009 1:06am Jun 4, 2009 1:06am
me fadey frankie headfake
"If The Fool persists in his Folly he will become wise." - William Blake
  • #105,640
  • Jun 4, 2009 1:06am Jun 4, 2009 1:06am
Quoting notch
Of course you are correct. !............

Anyway, is anyone trading the EURUSD?

I'm still flat so far, waiting for better entry level
Better safe than sorry
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