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EURUSD

  • #152,301
  • Oct 14, 2009 1:29pm Oct 14, 2009 1:29pm
Quoting viljam
i wont cry just lost almost 2k for nothing .....i will go short big time i will burn all the fu... EUR's like helll with my shorts now
Chin up bro. Its all part of the game. Maybe you didn't pay any attention to your MM. Feel sorry for you actually.
You've got to be IN IT to WIN IT!
  • #152,302
  • Oct 14, 2009 1:29pm Oct 14, 2009 1:29pm
Quoting viljam
i wont cry just lost almost 2k for nothing .....i will go short big time i will burn all the fu... EUR's like helll with my shorts now
I hope you afford it. I do not use in one position more than 2% of my equity. One pair = one position.
If you're not part of the solution then you're part of the problem.
  • #152,303
  • Oct 14, 2009 1:30pm Oct 14, 2009 1:30pm
I see the next six months as bearish for EUR/USD as many do, but there are still maybe a couple weeks to a month to make money on the long side in the EUR/USD and it is a dangerous time to be short.

I feel for the short SL's that were taken out - sucks.

But looking at the trend on the weeklies, going short is like standing in front of a train coming head on. I wouldn't have the fortitude to take that position until I saw fundamental changes in the US dollar that justified a turn around and then price action that confirmed it.
  • #152,304
  • Oct 14, 2009 1:30pm Oct 14, 2009 1:30pm
Quoting viljam
i had enough of this forex shit see you guy's
dont give up!
make a break and think it over what mistake you have made!
if you think is short and market is still going up you have to place a stop!!!!!!!Have a plan bevor you enter the market.
or you change your money management !!
  • #152,305
  • Oct 14, 2009 1:30pm Oct 14, 2009 1:30pm
Quoting X.Oden
What's the news on the FOMC? I dont' ahve access to CNBC right now
They said that the monthly trend change you were screaming about a few weeks back hasn't happened and that all the traders that you laughed at and slagged off that were trading the trend were actually right and that maybe you should think about hedging some more.
Nothing worth having is easy.
  • #152,306
  • Oct 14, 2009 1:31pm Oct 14, 2009 1:31pm
Quoting majorusa
The move was stops chasing.
Big protective selling under .4950. Might get another at-bat there soon.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #152,307
  • Oct 14, 2009 1:31pm Oct 14, 2009 1:31pm
Quoting viljam
i wont cry just lost almost 2k for nothing .....i will go short big time i will burn all the fu... EUR's like helll with my shorts now
-2k...damn!! you'll be back. i'm guessing asia session.
  • #152,308
  • Oct 14, 2009 1:32pm Oct 14, 2009 1:32pm
I think we have seen the bottom of the dollar. We will see gold correcting starting next week and dollar gaining as a month end reversal move.
  • #152,309
  • Oct 14, 2009 1:33pm Oct 14, 2009 1:33pm
Viljam thats another word for gambling and revenge trading. Think about it before u jump in
  • #152,310
  • Oct 14, 2009 1:34pm Oct 14, 2009 1:34pm
Quoting Patience
They said that the monthly trend change you were screaming about a few weeks back hasn't happened and that all the traders that you laughed at and slagged off that were trading the trend were actually right and that maybe you should think about hedging some more.
Now that is funny. Not very nice.... but funny!!
  • #152,311
  • Oct 14, 2009 1:35pm Oct 14, 2009 1:35pm
Quoting viljam
i wont cry just lost almost 2k for nothing .....i will go short big time i will burn all the fu... EUR's like helll with my shorts now
use micro account
  • #152,312
  • Oct 14, 2009 1:36pm Oct 14, 2009 1:36pm
Quoting sed34
yep. still long. we'll see. fed minutes coming up.
thats was released an hour ago.
those who can, do. those who cant, talk about those who can
  • #152,313
  • Oct 14, 2009 1:36pm Oct 14, 2009 1:36pm
Quoting vinesh2
Viljam thats another word for gambling and revenge trading. Think about it before u jump in
yeah i know ..... anyway i lost only the profit what i have done in three weeks my starting money is still there i am thinking it to take out but i will open one bottle of wine and i am back tomorrow Anyway i dont know now where this market is going all my plans were turned upside down... but still even if i will take a break i feel that i need to go short instead of long..
  • #152,314
  • Oct 14, 2009 1:38pm Oct 14, 2009 1:38pm
ok i am calm now again and felt big loss first time sorry for bad word's here guy's. I wont go no where i wont give up yet.... i need to get there where my plan is !!!!!!!
  • #152,315
  • Oct 14, 2009 1:40pm Oct 14, 2009 1:40pm
Quoting viljam
ok i am calm now again and felt big loss first time sorry for bad word's here guy's. I wont go no where i wont give up yet.... i need to get there where my plan is !!!!!!!
Good to hear. .
You've got to be IN IT to WIN IT!
  • #152,316
  • Oct 14, 2009 1:40pm Oct 14, 2009 1:40pm
Quoting viljam
i wont cry just lost almost 2k for nothing .....i will go short big time i will burn all the fu... EUR's like helll with my shorts now
thats' the way to lose all the rest of the money! go for it! how about you try some demo for the first let's say six months? Or read why traders lose money. One of the reasons is revenge trade.
  • #152,317
  • Oct 14, 2009 1:40pm Oct 14, 2009 1:40pm
Quoting viljam
i wont cry just lost almost 2k for nothing .....i will go short big time i will burn all the fu... EUR's like helll with my shorts now
bro no revenge
  • #152,318
  • Oct 14, 2009 1:43pm Oct 14, 2009 1:43pm
Quoting TheFisherman
thats' the way to lose all the rest of the money! go for it! how about you try some demo for the first let's say six months? Or read why traders lose money. One of the reasons is revenge trade.
I already did demo for long time and i have played with stocks long time but forex kind of new so ..... much challenging.
  • #152,319
  • Oct 14, 2009 1:46pm Oct 14, 2009 1:46pm
I think u need to shut the machine off for a week and think about what went wrong. Come back with a plan. Market always does the unexpected. Dont keep any bias and be patient don't jump in and out. I have been telling on this forum and you can look up my posts. You may have multiple winner in a row and make money consistently for a few month but it only takes one trade to wipe it out. Ihave said that over and over again in this forum.
  • #152,320
  • Oct 14, 2009 1:46pm Oct 14, 2009 1:46pm
With respect to the large-scale asset purchase programs, some members thought that an increase in the maximum amount of the Committee's purchases of agency MBS could help to reduce economic slack more quickly than in the baseline outlook. Another member believed that the recent improvement in the economic outlook could warrant a reduction in the Committee's maximum purchases. However, all members were able to support an indication by the Committee of its intention at this time to purchase the full $1.25 trillion of agency MBS that it had previously established as the maximum for this program.
http://www.federalreserve.gov/moneta...es20090923.htm
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