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EURUSD

  • #130,581
  • Aug 12, 2009 2:08pm Aug 12, 2009 2:08pm
Quoting maurofx
I closed my originall short @ 4160. No I'm short again @ 4220. Let's see how fast it'll drop!!!
Impulsive trader you are, aren't ya?

This:

THE FOREX PENAL CODE (EXCERPT)
Act 328 of 1996

750.316 First degree impulsive trade.

Sec. 316.

(1) A person who commits any of the following is guilty of first degree impulsive trade and shall be punished by margin call:

(a) Trade perpetrated by means of impatient, impulsive, or any other willful, deliberate, with greed aforethought buying or selling.

(b) Trade committed in the perpetration of, or attempt to perpetrate, careless, reckless or negligent buiyng or selling

(c) Trade committed out of fear of losing an opportunity
  • #130,582
  • Aug 12, 2009 2:08pm Aug 12, 2009 2:08pm
every body wants easy way...buying at lows and selling at high...
  • #130,583
  • Aug 12, 2009 2:13pm Aug 12, 2009 2:13pm
Quoting guru2006
see my trade 11th and 12 Aug
whoa, you almost doubled your account in 2 days, and I thought I was doing good. . Take it easy.
  • #130,584
  • Aug 12, 2009 2:17pm Aug 12, 2009 2:17pm
fx guru showing 500$ account and really happy to double it in just 2 days


any ways nicely done...try to keep it consistant.
  • #130,585
  • Aug 12, 2009 2:22pm Aug 12, 2009 2:22pm
Quoting T.E.Lawrence
Impulsive trader you are, aren't ya?
Dude! Don't be so mean!! LOL I'm learning anyway!! Thank you for the critic, I like them!! Anyway, I thinkit's gonna be traiding sideways for a while.
What do you think guys??
  • #130,586
  • Aug 12, 2009 2:22pm Aug 12, 2009 2:22pm
America neends $ cheap/ Look forward high
Attached Image
  • #130,587
  • Edited 2:32pm Aug 12, 2009 2:26pm | Edited 2:32pm
For the HnS ? or 282 should I say
  • #130,588
  • Aug 12, 2009 2:28pm Aug 12, 2009 2:28pm
Quoting maurofx
Dude! Don't be so mean!! LOL I'm learning anyway!! Thank you for the critic, I like them!! Anyway, I thinkit's gonna be traiding sideways for a while.
What do you think guys??
Don't fight the 1 hour pain bar unless you're scalping
  • #130,589
  • Aug 12, 2009 2:37pm Aug 12, 2009 2:37pm
if H and S forms
  • #130,590
  • Aug 12, 2009 2:39pm Aug 12, 2009 2:39pm
Quoting maurofx
Dude! Don't be so mean!! LOL I'm learning anyway!! Thank you for the critic, I like them!! Anyway, I thinkit's gonna be traiding sideways for a while.
What do you think guys??

Moments like this are benefecial to the Trader! we learned from this crazy Market.
  • #130,591
  • Aug 12, 2009 2:47pm Aug 12, 2009 2:47pm
Quoting VinzZ
In a few minutes the daily bullish candle is... gone.
I'm learning, and glad I focused on one pair.
Hmmm yeah! Gone. Yeaaaaaaaaaaaaaaaaah!

*slurps coffee*

Glad you focus on one pair. Just make sure you got a cup.
Not all sins are created equal
  • #130,592
  • Aug 12, 2009 2:48pm Aug 12, 2009 2:48pm
Right, so the subtle wording of the FOMC statement had a dramatic strengthening effect on the USD - for about 15 minutes! But is that the end of the story? With a little help from some good (US) news over the next couple days, shouldn't we see some more sustained $ strength and a fallback in E/U? At least .4120 would be nice....

I am scalping short & have a short left over from around the DP. Small position, I will wait for a ride back down...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #130,593
  • Aug 12, 2009 3:03pm Aug 12, 2009 3:03pm
Guys, can anyone tell me which broker offers volume data so I can check that out?? Thanks a lot!
  • #130,594
  • Aug 12, 2009 3:05pm Aug 12, 2009 3:05pm
Quoting maurofx
Guys, can anyone tell me which broker offers volume data so I can check that out?? Thanks a lot!
MT4 has that.
Not all sins are created equal
  • #130,595
  • Aug 12, 2009 3:23pm Aug 12, 2009 3:23pm
Good morning all,

Well that looks like it was a nice steady climb while I was asleep.....I hope you all grabbed lot's of pips during that climb.....and locked them in before the sudden fall.

I can see that I'll have to spend a bit of time this morning to see if I can figure out where we are going next....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #130,596
  • Aug 12, 2009 3:27pm Aug 12, 2009 3:27pm
Quoting realjumper
I can see that I'll have to spend a bit of time this morning to see if I can figure out where we are going next....
"EUR/USD will likely be a buy on dips toward 1.4160 in Asian trade today as investors digest Fed statement, which doesn't change growing view that global economy brightening up vs start of year, says Bank of NZ FX strategist Danica Hampton"

Dow Jones.
  • #130,597
  • Aug 12, 2009 3:33pm Aug 12, 2009 3:33pm
Quoting stribijev
"EUR/USD will likely be a buy on dips toward 1.4160 in Asian trade today as investors digest Fed statement, which doesn't change growing view that global economy brightening up vs start of year, says Bank of NZ FX strategist Danica Hampton"

Dow Jones.
Ahhhh... why am I not surprised that a national bank spokesperson has a "brightening" outlook on the global economy. ANYTHING would look great vs the beginning of the year. LOL.
  • #130,598
  • Aug 12, 2009 3:38pm Aug 12, 2009 3:38pm
Quoting dancarey
Ahhhh... why am I not surprised that a national bank spokesperson has a "brightening" outlook on the global economy. ANYTHING would look great vs the beginning of the year. LOL.
Indeed. I think Danica's job is safe, but she isn't 'promotion' material!!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #130,599
  • Aug 12, 2009 3:40pm Aug 12, 2009 3:40pm
Quoting realjumper
Indeed. I think Danica's job is safe, but she isn't 'promotion' material!!!!
I didn't not intend to promote anyone, LOL. Have you got a better idea? BTW, 1.4164 is 61% Fib of this last move up.
  • #130,600
  • Edited 3:56pm Aug 12, 2009 3:40pm | Edited 3:56pm
I short closed.

Opened : 1,4211 10 Lot
Closed : 1,4190.
+21 pip
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