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EURUSD

  • #148,701
  • Oct 2, 2009 2:25am Oct 2, 2009 2:25am
missed my 70 by 6 pips/may still head there but I think shorts are in order for me now
  • #148,702
  • Oct 2, 2009 2:26am Oct 2, 2009 2:26am
Quoting Alihuzaifa
how does it effects on currencies?
protection here and there
  • #148,703
  • Oct 2, 2009 2:27am Oct 2, 2009 2:27am
Quoting myfx
Hi 801,

I am in red for 2 setups and green in one setup.

oh dear.. it can be rather risky buddy.. if the party goes your way.. it may make you a winner if not, you may lose big time..

whats your risk comfort level ....
  • #148,704
  • Oct 2, 2009 2:32am Oct 2, 2009 2:32am
Quoting trading801
oh dear.. it can be rather risky buddy.. if the party goes your way.. it may make you a winner if not, you may lose big time..

whats your risk comfort level ....

Thank you again man...u r absolutely right. I have taken just 2% risk. Hopefully it may go my way..but who know..no one can predict.

You guys r helpful anyway.


-myfx-
-happyTrading-myFx.
  • #148,705
  • Oct 2, 2009 2:35am Oct 2, 2009 2:35am
Quoting myfx
Thank you again man...u r absolutely right. I have taken just 2% risk. Hopefully it may go my way..but who know..no one can predict.

You guys r helpful anyway.


-myfx-
are you short?b I predict down IMO as of now anyway to 14500/ 14600 if it went up for some reason
  • #148,706
  • Oct 2, 2009 2:36am Oct 2, 2009 2:36am
Quoting myfx
Thank you again man...u r absolutely right. I have taken just 2% risk. Hopefully it may go my way..but who know..no one can predict.

You guys r helpful anyway.


-myfx-
u mean if u sustain full loss it is just 2%?
  • #148,707
  • Oct 2, 2009 2:43am Oct 2, 2009 2:43am
Quoting trading801
u mean if u sustain full loss it is just 2%?

YEP
-happyTrading-myFx.
  • #148,708
  • Oct 2, 2009 2:45am Oct 2, 2009 2:45am
Quoting Fly2
are you short?b I predict down IMO as of now anyway to 14500/ 14600 if it went up for some reason
Hi Fly2,

Thank u, yes i am short and I hope it will reverse.

-myfx-
-happyTrading-myFx.
  • #148,709
  • Oct 2, 2009 2:46am Oct 2, 2009 2:46am
Quoting myfx
Hi Fly2,

Thank u, yes i am short and I hope it will reverse.

-myfx-
I just shorted myself at 50 area if down I see a lil bounce at 34 then 17 may be off a pip or 2 due to different platform
  • #148,710
  • Oct 2, 2009 2:48am Oct 2, 2009 2:48am
I will add my shorts as well but not sure is it good idea But i will try
  • #148,711
  • Oct 2, 2009 2:48am Oct 2, 2009 2:48am
Quoting myfx
YEP

ok.. i am very glad you used the proper money management.. this is the way to becoming a better trader..


all the best my buddy !!
  • #148,712
  • Oct 2, 2009 2:51am Oct 2, 2009 2:51am
Quoting viljam
I will add my shorts as well but not sure is it good idea But i will try
if YOU don't think its a good idea then why are you shorting?
If you are shorting because others are its not a good idea. We can exit trade at any time and you'll never know
  • #148,713
  • Oct 2, 2009 2:52am Oct 2, 2009 2:52am
Quoting Fly2
if YOU don't think its a good idea then why are you shorting?
I dont mean its not good idea but i the train is already in half way down so better wait when its in bottom or ?
  • #148,714
  • Oct 2, 2009 2:55am Oct 2, 2009 2:55am
Quoting viljam
I dont mean its not good idea but i the train is already in half way down so better wait when its in bottom or ?
depends on your trading strategy you use.It's too late for me to enter now If I didn't get in for me personally
  • #148,715
  • Oct 2, 2009 3:02am Oct 2, 2009 3:02am
Quoting trading801
ok.. i am very glad you used the proper money management.. this is the way to becoming a better trader..


all the best my buddy !!

Thank u, yes i am stick to 2% risk rate no-matter what happen. Anyway i am new to forex, so taking things step by step. Exprienced traders here including yourself are doing great job by sharing, helping and advising younger traders .

-myfx-
-happyTrading-myFx.
  • #148,716
  • Oct 2, 2009 3:09am Oct 2, 2009 3:09am
I am getting bullish on euro, it may be setting up for a NFP rocket. Got some small orders in around 4530, ready to throw some more on at 4555 and 4568. If we blow past 4600 I will target 4675ish. Depends on gold as usual, which is now at important 997 support.
  • #148,717
  • Oct 2, 2009 3:23am Oct 2, 2009 3:23am
Quoting myfx
Thank u, yes i am stick to 2% risk rate no-matter what happen. Anyway i am new to forex, so taking things step by step. Exprienced traders here including yourself are doing great job by sharing, helping and advising younger traders .

-myfx-
Yes (Trading) is right.If you are new especially stick with 2 %. you can lose a crapload of trades and still have a decent balance on your account to get the winners.I learned the hard way a few times myself as have many others..If your trading strategy uses a 40 pip stop loss then maybe 1 %.if its a 20 pip stoploss then 2 %--just examples but you can do the math with your 2%
  • #148,718
  • Oct 2, 2009 3:23am Oct 2, 2009 3:23am
Quoting nvcK
I am getting bullish on euro, it may be setting up for a NFP rocket. Got some small orders in around 4530, ready to throw some more on at 4555 and 4568. If we blow past 4600 I will target 4675ish. Depends on gold as usual, which is now at important 997 support.
the market does look like it is tending away from the 4500 support. whether this is because the bulls are rallying to get out, or whether it is the rocket fuelling only time will tell... i've opted for a small order long myself, stop below the sept 9 support (4465) in case the shoulder breaks off. plenty of space up (and down).
  • #148,719
  • Oct 2, 2009 3:26am Oct 2, 2009 3:26am
Quoting dreeamer
the market does look like it is tending away from the 4500 support. whether this is because the bulls are rallying to get out, or whether it is the rocket fuelling only time will tell... i've opted for a small order long myself, stop below the sept 9 support (4465) in case the shoulder breaks off. plenty of space up (and down).
I'm short on this.I'm hoping the NFP takes this up to make that shoulder.
  • #148,720
  • Oct 2, 2009 3:29am Oct 2, 2009 3:29am
Quoting myfx
Thank u, yes i am stick to 2% risk rate no-matter what happen. Anyway i am new to forex, so taking things step by step. Exprienced traders here including yourself are doing great job by sharing, helping and advising younger traders .

-myfx-

nah. i am just an average trader

anyway, if you want to read more forex topics.. u can go my blog and click on forex... i have topics like... gold and usd ... S&P 500 and eur/usd relation

etc etc

www.thegeekknows.com

happy reading and best of trades !!
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