trading801's Koala Forex Articles and EUR/USD views

article done..

have a nice night and take care.

sleep tight hug tight koala

Good night A51 see you tomorrow

I agree with your analysis about 4520/4480

Thanks koala king for article.

koala is slow BUT is clever.

there it goes again 1.4520

I open my eyes wide, when I saw you wrote... I'm off cooking...." then I saw my article... uffff I though you were cooking a Koala

Sorry guys for being out, I have a lot of work here at the office, for what I'm seen Area51 is sharp, well guys teach the noob... in this case me, I will be reading about Price Action, for what I have been watching is the best thing to know where this things are going, or at least lower your risk, it's not only as I though of buying low and selling high, you have to know where is the high and where is the low, and what TF you are going to trade... well, this month for me is like a test, don't know how it will finish, but I think the following week, I will stay away from the market, and read more, knowledge is the best to manage this charts, and I don't have enough knowledge.

Don't worry I'm still green for the month this is not because of a loss or something, is because I'm losing a lot of opportunities, that when I see them I want to enter but for not being sure enough I let them pass, and after a couple of mins or hours I look back the chart and regret for not opening

today i got only 1 pip, i am not sad, because tomorrow is another day. and patient in forex is very important.

I've take a long at 4510 because ... have a look on the stochastic ...

Patience and discipline ... Nothing to see with me ... but I work on, doc !!

we are in the weekly S1, good point, i hope you get green pips.

Ok i am off and see you tomorrow,

Have a nice time. take care all koalas.

Thank you my friend ... my only doubt in that long is in the 4h graph who's showing a potential for short ... 4h & day graph to complete ...

Have a good night masoud, see you tomorrow

ah turns out 1.4520 is rather strong support eh

A question for you to ponder(and myself yesterday):

When would be the best to start increasing your trade lots? And increase by how much?

Use this example: $1000 and you trade X lots.


-When your account doubles?
-When you finally start to feel comfortable with your system?
-???

Please tell us your views on this.

i increase when my account balance increase... in short.. to maintain max and min 2 %

Dec. 16 (Bloomberg) -- Citigroup Inc. said the Abu Dhabi Investment Authority is seeking to end an agreement to buy the bank’s stock, or to receive more than $4 billion in damages.

Abu Dhabi Investment, one of the world’s top two sovereign wealth funds, filed a claim alleging “fraudulent misrepresentations” tied to its agreement to buy $7.5 billion of common stock, Citigroup said yesterday in a statement. The claims have no merit, Citigroup said.

Dec. 16 (Bloomberg) -- Australia’s monetary policy is “now back in the normal range” after lenders raised business and home-loan rates by more than the central bank has increased the overnight cash rate target, Deputy Governor Ric Battellino said.

The nation’s currency and bond yields fell after the Reserve Bank’s Battellino told a conference in Sydney that interest rates being paid by borrowers are now “above their previous cyclical lows,” making it “reasonable to conclude that the overall stance of monetary policy is now back in the normal range.”