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EURUSD

  • #237,661
  • May 6, 2010 8:23am May 6, 2010 8:23am
Quoting jsspmk
I think short selling will be dissallowed by governments in the not so distant future. Politicanos always blame others, recently it's the speculators that are guilty for everything that's happening.

As far as EU is concerned I believe Greece will default because Greeks don't want austerity programs, they say Screw austerity, we owe shit!
I read yesterday, EU representative blamed speculators for Europe financial problems.
  • #237,662
  • May 6, 2010 8:23am May 6, 2010 8:23am
Quoting jsspmk
I think short selling will be dissallowed by governments in the not so distant future. Politicanos always blame others, recently it's the speculators that are guilty for everything that's happening.

As far as EU is concerned I believe Greece will default because Greeks don't want austerity programs, they say Screw austerity, we owe shit!

they don't want but I'm sure they will be forced to take action for saving some money. don't think they have any other choice.
  • #237,663
  • May 6, 2010 8:24am May 6, 2010 8:24am
Quoting ToxicChili
I don't think that is an issue, kind of expecting it to get to 1.2550 in the not too distant future lol.
Right now there are thousands of retail traders staring at their screens saying...."There's no possible way it's going any lower. I'm glad I moved my stop out further."
  • #237,664
  • May 6, 2010 8:25am May 6, 2010 8:25am
Quoting PriceVolume
I have a little prayer that I say everyday. It goes something like this:

"Dear God....thank you for one being born every minute. Thank you, thank you, thank you for bottom pickers, martingalers, overleveragers, and those who should just flip their charts upside down. Thank you for the concept of denial. Oh, and God....thank you for Skyzer....Daddy needs a new Porsche. Amen."
God just answered your prayers again bro. 2600 level breached.
Think I'll join you for a prayer .... 2500 level 2500 level.
Thank You
  • #237,665
  • May 6, 2010 8:26am May 6, 2010 8:26am
Quoting Jhig
I read yesterday, EU representative blamed speculators for Europe financial problems.
The EU should be thanking us for pointing out its mistakes.
  • #237,666
  • May 6, 2010 8:26am May 6, 2010 8:26am
damn it i hate trading breakout... get burned twice, one time win...

Damn again, took eur/usd not eur chf 10 minutes before ...

it always the same: 50:50 chance (eur/chf - eur/usd) and i took the wrong one... great.

Oh...wait, Bernanke is in the pits...

Folks, this is complete crazy.

Jack
  • #237,667
  • May 6, 2010 8:27am May 6, 2010 8:27am
Quoting SkyzerFX
Join the recycle club..
awwwwwww did I hurt your feelings??
Thank You
  • #237,668
  • May 6, 2010 8:27am May 6, 2010 8:27am
2626 is the first target for today, its still making its way to 1.22, i need to search all of my posts and find out where exactly i called 1.22
  • #237,669
  • May 6, 2010 8:28am May 6, 2010 8:28am
3
Attached Image (click to enlarge)
Click to Enlarge Name: 060510saxo3.GIF Size: 87 KB
Trade on your own risk Plan your trade&trade your plan dont be a
  • #237,670
  • May 6, 2010 8:29am May 6, 2010 8:29am
Quoting Michael112
The EU should be thanking us for pointing out its mistakes.
What happens to the weak gazelle in the wild? It gets taken down by lions to keep the rest of the gazelle herd healthy. Otherwise the herd is weak and overpopulated with weak gazelles. Lions don't attack strength....they look for the weak and sick.
  • #237,671
  • May 6, 2010 8:30am May 6, 2010 8:30am
Quoting wormboy
God just answered your prayers again bro. 2600 level breached.
Think I'll join you for a prayer .... 2500 level 2500 level.
I've got 2530 or so as a target, though I'm not shorting as this level. I'll wait for target cause could be a good size retrace coming
  • #237,672
  • May 6, 2010 8:31am May 6, 2010 8:31am
Quoting Michael112
The EU should be thanking us for pointing out its mistakes.
You would think they'd be a little more appreciative.
Trichet was quoted saying, "I'm not worried by pace of euro depreciation" which translates to => Short EUR until 1.2610 level is reached. LOL
  • #237,673
  • May 6, 2010 8:33am May 6, 2010 8:33am
i need you guys assistance, i do well in demo account, yet in real account i struggle so much that i end up losing money, i struggle with my emotions even on a confirm setup bar and entry bar. i enter late and take the slightest pips, yet if am losing, i lose big, plz have can i control my temperament, i love fx, yet i do not know how to make it pleasurable. i need everyone suggestion plz

thanks
  • #237,674
  • May 6, 2010 8:37am May 6, 2010 8:37am
Quoting kings4ril
i need you guys assistance, i do well in demo account, yet in real account i struggle so much that i end up losing money, i struggle with my emotions even on a confirm setup bar and entry bar. i enter late and take the slightest pips, yet if am losing, i lose big, plz have can i control my temperament, i love fx, yet i do not know how to make it pleasurable. i need everyone suggestion plz

thanks
Work on your stops. Take gains, not losses. Take small losses, not big losses.
  • #237,675
  • May 6, 2010 8:38am May 6, 2010 8:38am
Haters gonna hate:

http://www.forexfactory.com/showpost...stcount=230267
http://www.forexfactory.com/showpost...stcount=230050
http://www.forexfactory.com/showpost...stcount=236545

also quoting myself

Quote
1.28 will very likely be hit by the end of the day and if it starts going lower expect a minute rebound, if this continues though.. expect november 2008's lows.
  • #237,676
  • May 6, 2010 8:38am May 6, 2010 8:38am
looks like profit taking to me
Trade on your own risk Plan your trade&trade your plan dont be a
  • #237,677
  • May 6, 2010 8:40am May 6, 2010 8:40am
Quoting Trading Cat
looks like profit taking to me
yes this little rebound won't last....1,2740 is a sweet resistance...another rejection of it and i'll short
COT: The precious data ignored
  • #237,678
  • May 6, 2010 8:40am May 6, 2010 8:40am
Quoting kings4ril
i need you guys assistance, i do well in demo account, yet in real account i struggle so much that i end up losing money, i struggle with my emotions even on a confirm setup bar and entry bar. i enter late and take the slightest pips, yet if am losing, i lose big, plz have can i control my temperament, i love fx, yet i do not know how to make it pleasurable. i need everyone suggestion plz

thanks
Start trading with 1/4 of what you've been using until you learn how to deal with your fear/greed. That's why I would never suggest learning on a demo. I always tell guys to learn with real money, no matter how little, so they learn to handle emotions.
  • #237,679
  • May 6, 2010 8:41am May 6, 2010 8:41am
Quoting kings4ril
i need you guys assistance, i do well in demo account, yet in real account i struggle so much that i end up losing money, i struggle with my emotions even on a confirm setup bar and entry bar. i enter late and take the slightest pips, yet if am losing, i lose big, plz have can i control my temperament, i love fx, yet i do not know how to make it pleasurable. i need everyone suggestion plz

thanks
Hey kings4ril
Have you tried starting in a micro account? Start small with $100 or so trading micro until you are comfortable trading real money. As your $100 grows so will your confidence and should find it easier to handle.

Good luck mate, keep trying and it will come right
  • #237,680
  • May 6, 2010 8:42am May 6, 2010 8:42am
Quoting kings4ril
i need you guys assistance, i do well in demo account, yet in real account i struggle so much that i end up losing money, i struggle with my emotions even on a confirm setup bar and entry bar. i enter late and take the slightest pips, yet if am losing, i lose big, plz have can i control my temperament, i love fx, yet i do not know how to make it pleasurable. i need everyone suggestion plz

thanks
Man, I've been there. Still sometimes I go back to that state of mind. If you can't see the clear picture leave the computer. Go fishing, running, fuck your girl but stay away from the PC until you forget about your losses and can re-start trading with a more fresh and clear mind. PM me your e-mail, I have some psicology papers that can help you.
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