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  • #127,421
  • Jul 31, 2009 2:00pm Jul 31, 2009 2:00pm
hi
I short EURUSD @ 1.4235 By Mistake...
Itz not a Big Problem But the Problem is I wrongly Enters with a Big lot size... ( which is 5 lots)
Kindly tell me can i save My position tonight? in profit?
Itz totally Panic...
  • #127,422
  • Jul 31, 2009 2:02pm Jul 31, 2009 2:02pm
Quoting esemes
hi
I short EURUSD @ 1.4235 By Mistake...
Itz not a Big Problem But the Problem is I wrongly Enters with a Big lot size... ( which is 5 lots)
Kindly tell me can i save My position tonight? in profit?
Itz totally Panic...

imo you should get out right now while u can because u risk a weekend gap that will annihilate you
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #127,423
  • Jul 31, 2009 2:03pm Jul 31, 2009 2:03pm
Quoting cobraforex
Yes, after second touch of R5 with divergence, but that's the last one for this week.
Hey Bro Im out too. Took my 10 and 64 on GBP. I think this was more luck though.Be back in battle on Monday(Lord willin)-Be Safe all!
FF = Forex Faggots
  • #127,424
  • Jul 31, 2009 2:08pm Jul 31, 2009 2:08pm
Quoting The Fool
Good luck Chicky.

It's fun to tell about your positive trading results, but as soon as you do, someone here will say you are a liar. Post some balance sheets from your broker? Somebody will say you photoshopped 'em.

I once lived in a small town on the West Coast (Philomath, Oregon) that, at the time, had the most millionaires per capita of any town in the USA. I'd be out for breakfast at a cafe and somebody would point to a scruffy old dude drinking coffee and say, "See that guy? He's worth like $100 million!" Scruffy old dude would get up,...
You are right. Even sometimes I felt like hidding my losses, this is human nature. Then decided to start a live trading journal to post live trades. But if you are short term trader, it is almost impossible to focus on both at the same time, and you don't want to miss or lose.

After posting my daily trade summary for few days, I realized no one is going to believe my positive results. Therefore, in last two or three days, posted live trades. Just to give a sense to reader that this guy is not lying or anything. You may visit my journal "Chicky's Trading Journal" and match time with pa to determine credibility of my posts.

Unfortunately, I do not want make public my statements.

As mentioned in my trading journal thread, it is matter of how much faith people have in me, to me it doesn't matter. I know many would still doubt in whatever results I post or whatever statements I provide. I have five accounts, it is very easy to show manipulated figures with all such accounts anyway, but why would I do this?. No one knows who I am, so this is not an issue of ego.

I have a very simple and clear system and theoretically it should work and it is working, at least for now.
The Thief of Wall Street
  • #127,425
  • Jul 31, 2009 2:08pm Jul 31, 2009 2:08pm
Quoting djambazov84
now the weird thing is that projected price onto the upper trendline shows...you guessed it 1.4330. if on the next trading day market breaks the high just 3-4 hours after it has opened (that would be assie/asian session) and contiunes juust a wee bit more and then stops abruptly it is usually a big red flag that price has been marked up by market makers and i would short the sh*t out of it. example: look what happened to gbp/usd 2 days ago when it broke the low of the previous day just few hours after market opened. not during london or ny but the...
Yes it would be a beautiful short, R/R is certainly favorable!
  • #127,426
  • Jul 31, 2009 2:19pm Jul 31, 2009 2:19pm
hello everbody!!

Am i the only one who thinks that this week was rather hard to trade.
It is my first losing week this year ... kind of got used to winning.

Good thing that i can go on vacation next week.

Anyway, only lost about 0.5% so no damage done, but i am wondering if something has changed in the market and i am for some reason not aware of it???

Any opinions regarding that?
  • #127,427
  • Jul 31, 2009 2:22pm Jul 31, 2009 2:22pm
Quoting Chicky
You are right. Even sometimes I felt like hidding my losses, this is human nature. Then decided to start a live trading journal to post live trades. But if you are short term trader, it is almost impossible to focus on both at the same time, and you don't want to miss or lose.

After posting my daily trade summary for few days, I realized no one is going to believe my positive results. Therefore, in last two or three days, posted live trades. Just to give a sense to reader that this guy is not lying or anything. You may visit my journal "Chicky's...
The way I see it, I might aswell trust most people not all, some are obvously full of it, basically any 1 who tries to pick tops and bottoms LOL

But... You have no reason to lie and your only lying to yourself really if you are, doesn't matter to me if your losing big time or making big time ( hopefully the later )

Sadly there are alot of Ego's I do wonder if many even have trading account or are even 18.


It's a forum, use it to help your fellow traders is the theory, sadly alot more harm than good is done on them and the rookie's pay the price.

Got to try to keep the balance with what I believe is good advice and what works for me.


But I trade M1 and M1 creates a huge fear in the trading world, people think I'm reading every candle and in and out of my trades ever 1minute, it doesn't work on H4 is the funny part but they still persist!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #127,428
  • Jul 31, 2009 2:24pm Jul 31, 2009 2:24pm
Quoting stevefx
Yes it would be a beautiful short, R/R is certainly favorable!
here is my take on it
hourly and weekly chart
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 68 KB
Click to Enlarge Name: eurusd1.jpg Size: 65 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #127,429
  • Jul 31, 2009 2:26pm Jul 31, 2009 2:26pm
Quoting mikekneip
hello everbody!!

Am i the only one who thinks that this week was rather hard to trade.
It is my first losing week this year ... kind of got used to winning.

Good thing that i can go on vacation next week.

Anyway, only lost about 0.5% so no damage done, but i am wondering if something has changed in the market and i am for some reason not aware of it???

Any opinions regarding that?

Errr this weeks, had some very slow periods and some range bound chop ( which I like ), then very quickly it's switched back to powerful trend ( likely on low volume ) murdering anyone that was playing the range.

Standard conditions for the summer, low volume due to holidays creates slow markets and also big out of know where trend moves like today.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #127,430
  • Jul 31, 2009 2:45pm Jul 31, 2009 2:45pm
market is crazy today...all are panic
what you said huh?
  • #127,431
  • Jul 31, 2009 3:17pm Jul 31, 2009 3:17pm
Quoting ak4x


Geez gator, I think there's a huge distinction between being "wrong" and having a loser trade. Good God man...

20/20 Hindsight adjustments to timing, direction, or anything else related to the actual execution of a trade is not a "right or wrong" issue in my usless opinion anyway. However, proper Attitude towards and Respect for the Market Forces you are contending with here is... and that you got.

That's like some ignorant arrogant big mouth braggart catching a trade that "won" and walking away thinking he was "right" cuz he...

I concur. You are a man of reason and a one that can at least give an explaination of things that re happening instead of "EUR to 1.45 today" love your insight and keep it up.
  • #127,432
  • Jul 31, 2009 7:28pm Jul 31, 2009 7:28pm
happy weekends
  • #127,433
  • Jul 31, 2009 11:54pm Jul 31, 2009 11:54pm
Quoting cobraforex
Not crying at all, lol.

I'm happy with the 2.8% this week, much better than a certain trader in a certain thread with a certain photoshopped result of 78% in just 48 hours.
*crawls from under rock*

That sounds hilarious. Link?
Not all sins are created equal
  • #127,434
  • Aug 1, 2009 3:25am Aug 1, 2009 3:25am
a real 78% is great !!
  • #127,435
  • Aug 1, 2009 3:53am Aug 1, 2009 3:53am
C4 thread

Quoting Jay Walker
*crawls from under rock*

That sounds hilarious. Link?
  • #127,436
  • Aug 1, 2009 3:58am Aug 1, 2009 3:58am
hi !! any signals/indicators for monday session?
  • #127,437
  • Aug 1, 2009 4:00am Aug 1, 2009 4:00am
Hasnaa...where are you? Need your expert prediction
  • #127,438
  • Aug 1, 2009 4:58am Aug 1, 2009 4:58am
Hi Guys

Well, first post - losing my virginity at my age...

Geologist, been in oil all my life. Worked in Libya etc. Always played the markets. When I started, my "platform" was the phone and postman. Rang the broker and they undertook to deliver a share certificate in under 3 weeks. "Fast and furious" trading was selling something you bought within 2 years!!

Retired now so got some screentime. Getting into Forex and loving it. Been lurking and so forth for 18 months. Just focussing on 1 pair EU (don't know how some of you young guys watch 18 pairs at once!)

Got a bit of a strategy together based on momentum and pivots. Been in demo for about a year. Live account funded and hammer goes down Monday morning.

Just hoping you young fellas can make room on the bench for an old timer. If I look like I am going to drop myself in the s**t on some trades, please holler!!

Regards
  • #127,439
  • Aug 1, 2009 4:58am Aug 1, 2009 4:58am
xe.com showing Euro at 1.41380

I would LOVE it if my broker opened at that level on Sunday night.
  • #127,440
  • Aug 1, 2009 4:59am Aug 1, 2009 4:59am
wake up, it's only a dream

NOBODY can do that with real money in that time.

Quoting trading801
a real 78% is great !!
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