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trading801's Koala Forex Articles and EUR/USD views

  • #3,961
  • Dec 8, 2009 7:41am Dec 8, 2009 7:41am
Quoting trading801
lol today is a voucher giving day lol
For me, today is about paying respect. I'd vouch for you again if I could.

Everybody I vouch for deserves it, various reasons of course.

  • #3,962
  • Dec 8, 2009 7:42am Dec 8, 2009 7:42am
No problem!
  • #3,963
  • Dec 8, 2009 7:42am Dec 8, 2009 7:42am
Congratulations for your 2nd V risky krazy Koala !!
"I will walk before they make me run" K.Richards
  • #3,964
  • Dec 8, 2009 7:47am Dec 8, 2009 7:47am
Dec. 8 (Bloomberg) -- Stocks, gold and oil fell, Treasuries advanced and the yen and dollar strengthened as credit-rating companies highlighted the risk of government deficits and German industrial production unexpectedly dropped.
  • #3,965
  • Dec 8, 2009 7:50am Dec 8, 2009 7:50am
Quoting trading801
Dec. 8 (Bloomberg) -- Stocks, gold and oil fell, Treasuries advanced and the yen and dollar strengthened as credit-rating companies highlighted the risk of government deficits and German industrial production unexpectedly dropped.

Lets see what happens when nyse opens. Yikes
  • #3,966
  • Dec 8, 2009 7:59am Dec 8, 2009 7:59am
congratulate risky koala friend. You are deserve for it.

again very thanks Calderone.
We are here to help each other... We Learn Forex Together!
  • #3,967
  • Dec 8, 2009 8:05am Dec 8, 2009 8:05am
Quoting calderone
Lets see what happens when nyse opens. Yikes

if proper mm is there , the word to use is ....


exciting
  • #3,968
  • Dec 8, 2009 8:06am Dec 8, 2009 8:06am
i think this fall going to 1.4690 even 1.4630.
We are here to help each other... We Learn Forex Together!
  • #3,969
  • Dec 8, 2009 8:07am Dec 8, 2009 8:07am
Quoting trading801
if proper mm is there , the word to use is ....


exciting
You got that right!! Smallest I can do is.10 with my broker. I like to scale in though-thats why I like daily candles.
  • #3,970
  • Dec 8, 2009 8:12am Dec 8, 2009 8:12am
Quoting masoud123
i think this fall going to 1.4690 even 1.4630.
Let retrace a little please I'm in a long since 4741 ...
"I will walk before they make me run" K.Richards
  • #3,971
  • Dec 8, 2009 8:21am Dec 8, 2009 8:21am
Quoting calderone
You guys deserve it!

I'm watching gu bounce around the historic support area. This could be a good buy or if we break this zone-we could have another healthy drop. Be careful.
Thanks calderone, I am working to become a better trader, without the help of all of you this could not be possible.

I close my GJ with 140 pips profit, I'm now The Koala "Beast Master" Today I learn that Patience pay, and for what you are writing here, best decision was to close my GJ, I think this is one of my best run until now, so why spoil it, better took what the market give to me and not what I want for now.

I'm worried for my EU longs, will wait with patience also, if not, well I think I did good on this other runs, so I will lose part of what I profit from this days.
  • #3,972
  • Dec 8, 2009 8:23am Dec 8, 2009 8:23am
If the tone was slightly more positive could be force to dollar and caused loss dollar. but not bad.


Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010

OTTAWA – The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.


http://www.bankofcanada.ca/en/fixed-...te_081209.html
We are here to help each other... We Learn Forex Together!
  • #3,973
  • Dec 8, 2009 8:25am Dec 8, 2009 8:25am
Quoting Forex4pty
Thanks calderone, I am working to become a better trader, without the help of all of you this could not be possible.

I close my GJ with 140 pips profit, I'm now The Koala "Beast Master" ...
knowing when is enough is a skill too... i once watch my +3K go to -1K

serious
  • #3,974
  • Dec 8, 2009 8:27am Dec 8, 2009 8:27am
Quoting Jm4x
Congratulations for your 2nd V risky krazy Koala !!
Thanks Jm4x, Masoud, Koala King, Calderone, and Gratz to you too Jm4x, we make a great support team, we use the slogan of Koala King "Learning Forex together".
  • #3,975
  • Dec 8, 2009 8:34am Dec 8, 2009 8:34am
Well i've make a mistake before lost 23pips and now my SL at 4764 has been touched it's just put me in white ...
"I will walk before they make me run" K.Richards
  • #3,976
  • Dec 8, 2009 8:39am Dec 8, 2009 8:39am
yeah learning forex together is good... no one is alone !

insights from fxlive !

1.4770/80 offers eyed on rebounds
Written by Jamie Coleman
December 8, 2009 at 14:27 GMT

EUR/USD is in recovery mode after making a fresh low for the move at 1.4626. Traders remain reluctant to hold short positions intraday and are quick to recover once the short-term momentum stalls. Offers are seen between the 1.4770/80 area, a zone of support before breaking lower a short while ago.
  • #3,977
  • Dec 8, 2009 8:40am Dec 8, 2009 8:40am
Quoting calderone
For me, today is about paying respect. I'd vouch for you again if I could.

Everybody I vouch for deserves it, various reasons of course.

thanks.. frankly i am honored that a veteran like u choose to hang around us newbie koalas..
  • #3,978
  • Dec 8, 2009 8:41am Dec 8, 2009 8:41am
Quoting trading801
knowing when is enough is a skill too... i once watch my +3K go to -1K
serious
I'll never been in negative maybe just because my broker don't let me be in negative ... but I've burned many accounts to understand the importance of a prudent MM
"I will walk before they make me run" K.Richards
  • #3,979
  • Dec 8, 2009 8:47am Dec 8, 2009 8:47am
i am off to finish up my article cya later
  • #3,980
  • Dec 8, 2009 8:51am Dec 8, 2009 8:51am
Quoting Jm4x
I'll never been in negative maybe just because my broker don't let me be in negative ... but I've burned many accounts to understand the importance of a prudent MM
I'm learning something very interesting and that can change my way of trading this month:

1. I will continue to trade Micro, until my account size grow and can change to mini and so on.
2. I will be trading between Weekly/Daily Resistances and Supports, trying to go with the trend and buying or selling very close to the Majors Res. or Sup.
3. My risk in SL will be lower, 1% or less.

Why I will do this, less stress for me, also less risk.

Let see at the end of the month if this works well, I will continue, if not, well back to basics.
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