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  • #213,501
  • Mar 19, 2010 8:00am Mar 19, 2010 8:00am
Quoting wannaberich
it seems it's back to demo for another half year at least...

gotta keep going!!!!

i have to find some kind of way to earn money for forex. don't want to take anymore from my family, so i have to find a way earn/save money for forex. i like having breakfast out so i will cut that. that costs me 75€ per month, so i will have to do it 6 months and then i can put another 500€ or so in an account but this time i have to find a set of written in stone rules because without this i am a disgrace. like today were my indi doesn't show me a decent entry...
mate sorry to hear this, but we all have bad days.
Try and keep away from indis, they mostly dont work(at least for me) use tl's ad s/r, use smaller lots and you will be fine. Also get more money dont just play with 500€ that will get you margarine call to often. I had a bad day yesterday but a good one today so you have to have enough funds to back this kind of thing up.
Good luck and hope it'll work for you in the future.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #213,502
  • Mar 19, 2010 8:00am Mar 19, 2010 8:00am
Don't give up, it took me a year of losing big money before i really understood the mentality one must have when putting in a trade. You need to know your limit for loss tolerance and you should definitely establish a trading strategy. i personally have given up on trading technical indicators and i just go with my gut feeling these days. it just takes me a few minutes to look over the major support and resistance lines of the currency I'm trading on the 1 hour and then dig down to the 15 min to decide if I'm going in for a fast trade or i would hold it for a few hours ,but never over night; i can't lose sleep worrying about a trade
So far for the last 6 months I've made back for all the losses and then sum. So don't give up, trade a demo account until you are 100% confident with your decisions and 100% mentally comfortable with your losses.
Quoting wannaberich
it seems it's back to demo for another half year at least...

gotta keep going!!!!

.......
these days i really screw it up...
  • #213,503
  • Mar 19, 2010 8:01am Mar 19, 2010 8:01am
Quoting IMARICH1
Atlast,

From what I was reading from your post to realjumper, it appareas you will be LONG at S1 on EU....

I took a LONG at 3545.....are you still looking at dips to BUY are you still targeting the 1.39 or is no longer in the cards and possibly 3622 is all it might retrace....if it does.....
Same plan, exact entry at S1, also low so far on GU caught, now need some of those short players to cash in to get some momentum. Swiss bank intervention to watch for. There's a push towards 1.3501 possibility today also, so be careful. 1.3900 unless today end strong down.
  • #213,504
  • Mar 19, 2010 8:02am Mar 19, 2010 8:02am
Quoting SkyzerFX
That's me bro.. LOL.. Even Russian Ruble rising against the Dollar..

Dollar index contains some BS currencies like SEK, fair to say that the Dollar only up

against EUR and GBP and down against everything else you can find out there..
lol good good...keep buying until 1.4000
COT: The precious data ignored
  • #213,505
  • Mar 19, 2010 8:02am Mar 19, 2010 8:02am
US open coming up now hopefully some bulls about!
  • #213,506
  • Mar 19, 2010 8:04am Mar 19, 2010 8:04am
Just sharing.
Attached Image (click to enlarge)
Click to Enlarge Name: dv.gif Size: 18 KB
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #213,507
  • Mar 19, 2010 8:04am Mar 19, 2010 8:04am
Quoting PriceVolume
Hey Coke, does around 3492 mean anything to you? If your spot fails, looks like the next major spot for a bull reprieve.....
Sure it does, That's another battlefield. War is about to end, it could end up here (3530's 40's) or around bottom (3450's 40's) where we can see the real break out or a full Bull atack.
  • #213,508
  • Mar 19, 2010 8:04am Mar 19, 2010 8:04am
Quoting kuroro001
Goldman Sachs will soon get stopped at 1.3500....what a bunch of loosers!!!
Give them some time to at least switch on their computers..
Some drink at the fountain of knowledge. Others just gargle !
  • #213,509
  • Mar 19, 2010 8:04am Mar 19, 2010 8:04am
Quoting wannaberich
it seems it's back to demo for another half year at least...

gotta keep going!!!!

...
I know what that feels... a minha conta também tá quase a dar o berro...

lack of discipline and emocional stability. trying to cover losses when I should just walk away...

well, if this was easy, anyone could do it... But I still feel i can be one of them who are profitable traders..

i need to start doing yoga or something to calm myself down while trading!!
  • #213,510
  • Mar 19, 2010 8:05am Mar 19, 2010 8:05am
The fact that Asia did not dump the euro overnight might be good news for bulls. But I am firmly short today.
  • #213,511
  • Mar 19, 2010 8:07am Mar 19, 2010 8:07am
Quoting Atlast
1.3565 and short covering activity expected. Beware some bank intervention on the cards.


what bank? what pair? i hope you dont mean eu.
  • #213,512
  • Mar 19, 2010 8:08am Mar 19, 2010 8:08am
Quoting kuroro001
lol good good...keep buying until 1.4000
If we see 1.400 then it will be by 31st March.

This drop may be about to finish in the next few trading hours.

If it looks like exhausting by close of play today then on Monday i will long with stop below 2nd march. the closer we get to that the better.
  • #213,513
  • Mar 19, 2010 8:08am Mar 19, 2010 8:08am
do you belive EAs? (here come all the EA programmers to kick me, LOL).

my degree is on IS and i do agree that if one could code all the rules a successful trader has, it should work. but on the other hand doesn't it seems like the holy grail? just leave the EA working and go spend the money?!

if it was worth was it written would it be sold for 200$? 140% a year average. if i put 10000€ and leave it be in 2 or 3 years i can quit my job or i can work 4 or 5 more years (huge effort) and be rich after that, finally!

might be true but seems too good.

this is an interesting issue for me as many times i think i should worry about coding an EA with my rules (and be sure it would obey them) rather than "loose" time trading and not obeying my own rules...

will look at it in details. thanks for the tip, Sky.

Quoting SkyzerFX
Check this thread on commercial, very tempting EA.. I might

give it a try myself as well, - can throw $200 in that and place it on

Demo and see what happens.. Back testing results are amazing..

I'm not in any affiliation with these guys, also just curious:

http://www.forexfactory.com/showthread.php?t=224586

Check it out..
dreams do come true.
  • #213,514
  • Mar 19, 2010 8:09am Mar 19, 2010 8:09am
Quoting cunha
I know what that feels... a minha conta também tá quase a dar o berro...

lack of discipline and emocional stability. trying to cover losses when I should just walk away...

well, if this was easy, anyone could do it... But I still feel i can be one of them who are profitable traders..

i need to start doing yoga or something to calm myself down while trading!!
hahhaha I got a dog he really calms me down, for now he sits on my lap, but in 3 month he will be to big for it. Still just looking at him or him sleeping under the table is enough to get my emotions in check
Trade on your own risk Plan your trade&trade your plan dont be a
  • #213,515
  • Mar 19, 2010 8:10am Mar 19, 2010 8:10am
lollll....Goood that I was not long and wait my candle trend confirmation before entering long...so my setup for long still waits..maybe monday a loooong week
" Accepting losses is the most important single investment devise "
  • #213,516
  • Mar 19, 2010 8:11am Mar 19, 2010 8:11am
Hi Kam,

seems like it's me, you, driver (got in long a few posts back), Sky (always bull) and malcom.

that's it! we are the one financing everyone else. just hope you guys remember us when u spend our money and hope u have a cool beer for us when we visit u!

Quoting Kambooj
The retracement for the drop from 4578-3434 has not reached a proper fibonacci level. It has hit the 23.6 level, but that level was not a turnaround level downwards. The move down is a c wave and part of the correction on the way up. We are still bullish till at least 1.4000. Retracement levels of the drop from 5145-4213 (38.2) have to be different from the retracement levels of the drop from 4578-3434.

Well guess what

It wasnt 23.6, it cant be 38.2, so it must be 50.0%, that is 1.4000

Still bullish on this drop.
dreams do come true.
  • #213,517
  • Mar 19, 2010 8:12am Mar 19, 2010 8:12am
Quoting tonyo524
I'm starting to think that the majority of this forum are using demo accounts.
Here is a chart to analyze. Very simple to see. forget all that mess about 3 weekly doji's, and low volume this or that, and 1.400 this and that. Like I have said before, 1.20ish from here on. And notice when the market doesn't go up, the volume masters and 1.4ish bringers dissapear until we have a slight retrace. Have a good weekend, and don't commit bull suicide. LOL.
i don't think i wanna waste my time trading demo account if i can make real money..
I'm learning to trust my own charts..
  • #213,518
  • Mar 19, 2010 8:12am Mar 19, 2010 8:12am
Quoting wannaberich
do you belive EAs? (here come all the EA programmers to kick me, LOL).

my degree is on IS and i do agree that if one could code all the rules a successful trader has, it should work. but on the other hand doesn't it seems like the holy grail? just leave the EA working and go spend the money?!

if it was worth was it written would it be sold for 200$? 140% a year average. if i put 10000€ and leave it be in 2 or 3 years i can quit my job or i can work 4 or 5 more years (huge effort) and be rich after that, finally!

might be true but seems too good.

this...

i take a look and i dont thinks its good, martingale and so on, not good. and of course why sell it...when its good..
  • #213,519
  • Mar 19, 2010 8:13am Mar 19, 2010 8:13am
Quoting mfoste1
what bank? what pair? i hope you dont mean eu.
rumour only at this stage, pairs are correlated. Check the news wires. SNB
  • #213,520
  • Mar 19, 2010 8:15am Mar 19, 2010 8:15am
got to keep fighting, it will come to us...

muitos pips verdes para ti!

Quoting cunha
I know what that feels... a minha conta também tá quase a dar o berro...

lack of discipline and emocional stability. trying to cover losses when I should just walk away...

well, if this was easy, anyone could do it... But I still feel i can be one of them who are profitable traders..

i need to start doing yoga or something to calm myself down while trading!!
dreams do come true.
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