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  • #183,161
  • Jan 21, 2010 12:50am Jan 21, 2010 12:50am
Quoting Chicky
They are yet to implement 1:10 leverage rule, maybe after that I would be able to spare 5c from my account

I just cant see them following through on this, but who knows with cftc
  • #183,162
  • Jan 21, 2010 12:54am Jan 21, 2010 12:54am
Quoting Maxsmart
of couse you have mr. advanced eur/usd

Short till 1.38
har har.
Not all sins are created equal
  • #183,163
  • Jan 21, 2010 1:07am Jan 21, 2010 1:07am
Quoting Maxsmart
of couse you have mr. advanced eur/usd

Short till 1.38
1.38 is not that far off. One little bounce and then back to that level. Maybe, next week.
We will see.
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  • #183,164
  • Jan 21, 2010 1:10am Jan 21, 2010 1:10am
Quoting atif
1.38 is not that far off. One little bounce and then back to that level. Maybe, next week.
We will see.
That's short term. I'm looking at 1.30 but that's farther in the future than most people here can imagine.
Not all sins are created equal
  • #183,165
  • Jan 21, 2010 1:11am Jan 21, 2010 1:11am
Quoting Chicky
They are yet to implement 1:10 leverage rule, maybe after that I would be able to spare 5c from my account
May be for more safety to traders from money makers , gamers ,speculators or even volatilities .when an investor can safely invest 1$ to buy other currencies and that $ should not be zero in a second rather will take few months or years so that investor can take the decision of withdraw at least some cents before the zero.

I will like the situation if ever come in forex ????????????????????

Forex purely in gambling environment presently so that when a news or something exchange rates reacted as speculators /MM/gamblers use it for some benefit confusing pure investors & next time do opposite , that is no pure investors interest were menifested beforehand.so jump 80, fall to 20 , them jump again 100 & fall 1 in almost no time .Just my idea .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #183,166
  • Jan 21, 2010 1:19am Jan 21, 2010 1:19am
Though shorts little risky presently still take at 1.4117 for tp 1.4078 (min?) or any down possible.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #183,167
  • Jan 21, 2010 1:20am Jan 21, 2010 1:20am
Quoting fontu
May be for more safety to traders from money makers , gamers ,speculators or even volatilities .when an investor can safely invest 1$ to buy other currencies and that $ should not be zero in a second rather will take few months or years so that investor can take the decision of withdraw at least some cents before the zero.

I will like the situation if ever come in forex ????????????????????

Forex purely in gambling environment presently so that when a news or something exchange rates reacted as speculators /MM/gamblers use it for some benefit...
But no one has a gun to anyones head to force them to trade. Either choose to trade, or not. Freedom of Choice!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #183,168
  • Jan 21, 2010 1:23am Jan 21, 2010 1:23am
I have 946USD balance, I have 0.50 lots short at 1.4110, SL at 1.4135, TP open. Does anyone think this is good to go? I seriously wanna go over 1k and close somewhere like 1.3-4-5 or maybe 2k if this thing is seriously wanna go down. If i lose to the stoploss i might end up 700USD. Leverage is 1:100 on fxdd, 100% margin call. 705Margin taken.

I'm sweating my forehead on this folks. Any comments or suggestions on this is very welcome. Thanks
  • #183,169
  • Jan 21, 2010 1:28am Jan 21, 2010 1:28am
Quoting SashaP
are u trading 5cent per PIP?
I am not a fool.

I trade 1c per pip at the most. Capital preservation is the key, forget about making money

ps. A thousand pip loss would give you a drawdown of only $10.
The Thief of Wall Street
  • #183,170
  • Jan 21, 2010 1:28am Jan 21, 2010 1:28am
market is very sell off at 4h charts - can it go down more with no retracement?
  • #183,171
  • Jan 21, 2010 1:28am Jan 21, 2010 1:28am
Quoting availdollars
I have 946USD balance, I have 0.50 lots short at 1.4110, SL at 1.4135, TP open. Does anyone think this is good to go? I seriously wanna go over 1k and close somewhere like 1.3-4-5 or maybe 2k if this thing is seriously wanna go down. If i lose to the stoploss i might end up 700USD. Leverage is 1:100 on fxdd, 100% margin call. 705Margin taken.

I'm sweating my forehead on this folks. Any comments or suggestions on this is very welcome. Thanks
Basically your gambling.. .5 lots... with a 1000$ acount...
you might get lucky this time around.. but trust me it doesnt happen your way most of the time....in my own experience ive lost more money trying to be rich quick.

2 golden words - MONEY MANAGEMENT
  • #183,172
  • Jan 21, 2010 1:30am Jan 21, 2010 1:30am
availdollars, I'm still a rookie, and playing only with 1:30 leverage, so I think the stakes are quite high for this one-transaction. However this may very well work today, as the path looks like down and more to follow, so keep your fingers crossed.
  • #183,173
  • Jan 21, 2010 1:31am Jan 21, 2010 1:31am
Quoting $maker
Basically your gambling.. .5 lots... with a 1000$ acount...
you might get lucky this time around.. but trust me it doesnt happen your way most of the time....in my own experience ive lost more money trying to be rich quick.

2 golden words - MONEY MANAGEMENT
I make very good money off of people who don't have good money management. Let him be
Not all sins are created equal
  • #183,174
  • Jan 21, 2010 1:32am Jan 21, 2010 1:32am
maybe this 5 min channel up will work
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  • #183,175
  • Jan 21, 2010 1:33am Jan 21, 2010 1:33am
Quoting fontu
May be for more safety to traders from money makers , gamers ,speculators or even volatilities .when an investor can safely invest 1$ to buy other currencies and that $ should not be zero in a second rather will take few months or years so that investor can take the decision of withdraw at least some cents before the zero.

I will like the situation if ever come in forex ????????????????????

Forex purely in gambling environment presently so that when a news or something exchange rates reacted as speculators /MM/gamblers use it for some benefit...
Fonto my friend - they (brokers) are not your friends.
The Thief of Wall Street
  • #183,176
  • Jan 21, 2010 1:34am Jan 21, 2010 1:34am
With a 20 pip SL he's only risking about 10-20 dollars right? With a balance of 946 dollars...if you have the chart or knowledge to lead you to go short...I say go 4 it!

By the way, I'm short too.
EDIT: did you mean .5 full lots or .5 mini lots? I just assumed mini...
Donnie
  • #183,177
  • Jan 21, 2010 1:39am Jan 21, 2010 1:39am
Quoting Chicky
Fonto my friend - they (brokers) are not your friends.
Sure , that will never happen in this real world. One to grow over the grave of others , that is the international culprit law. Any till our demise we to adjust where we live in.Just time pass here & no real gain stealing others.
Thanks chicky.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #183,178
  • Jan 21, 2010 1:43am Jan 21, 2010 1:43am
Quoting uraceulose
With a 20 pip SL he's only risking about 10-20 dollars right? With a balance of 946 dollars...if you have the chart or knowledge to lead you to go short...I say go 4 it!

By the way, I'm short too.
EDIT: did you mean .5 full lots or .5 mini lots? I just assumed mini...
Donnie
I mean 500microlots, 5minilots or half a standard lot.... whew... its moving in my intended direction. hope it wont come back... Go baby Go!
  • #183,179
  • Jan 21, 2010 1:52am Jan 21, 2010 1:52am
Quoting Jay Walker
I make very good money off of people who don't have good money management. Let him be
I use flexible MM strategies too myfriend. But EURUSD, AUDUSD, USDJPY & EURGBP. These are kind of gentle moving pairs, so i try overinvestment with these only if the probabilities are high, I would probably be stop out if i try a large lot entry with 20pips on a pair like GBPUSD, EURJPY or GBPJPY/GBPCHF.

EURUSD and USDJPY are the most popular currencies to enter on small stops, plus the spread of EU is the lowest in the industry, Its the most scalp-able pair.

EUR news in the next 10 minutes, so i hope it goes down , i plan to break-even once its below 1.4060 and hopefully wait to see if it falls below 1.4000.... All this is HOPEFULLY. hehehe so i hope it all happens.

Good luck whoever is shortin this pair and Good luck to my trade too.
  • #183,180
  • Jan 21, 2010 1:55am Jan 21, 2010 1:55am
this is the forex market everyone is going down , its a bearish trend oh yeh euro is collapsing we going to 1 this is what they want to frame you from thinking of amything up and when the lot are in selling the market will go up and all of you are losers the trend is your enemy when it reverses
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