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EURUSD

  • #274,221
  • Jul 22, 2010 11:29am Jul 22, 2010 11:29am
It's almost certain we'll be seeing 1.3 again tomorrow.

Euro Pro Forex Weekly 19-23 July
  • #274,222
  • Jul 22, 2010 11:35am Jul 22, 2010 11:35am
back in on shorts again.
  • #274,223
  • Jul 22, 2010 11:42am Jul 22, 2010 11:42am
that my account got some beating today.

i had 2 places were i shorted, went into profit and then lost some (fortunately not much).

still i am trying to understand why, after yesterday, you saw this coming...
dreams do come true.
  • #274,224
  • Jul 22, 2010 11:43am Jul 22, 2010 11:43am
that i completely grasp how far away i still am...

predictable...


Quoting Atlast
yes, it's been a fairly predictable day, despite the volatility.
dreams do come true.
  • #274,225
  • Jul 22, 2010 11:44am Jul 22, 2010 11:44am
I think we shall see pa in range between 2881 and 2909 for sometime...
  • #274,226
  • Jul 22, 2010 11:45am Jul 22, 2010 11:45am
Quoting wannaberich
still i am trying to understand why, after yesterday, you saw this coming...
its bear technical mistake. leave it and go ahead for positive pip
You cannot learn better without losing
  • #274,227
  • Jul 22, 2010 11:49am Jul 22, 2010 11:49am
Quoting forexings
its bear technical mistake. leave it and go ahead for positive pip
traditional move during the summer ..called : Summer Rally
  • #274,228
  • Jul 22, 2010 11:52am Jul 22, 2010 11:52am
Quoting wannaberich
that i completely grasp how far away i still am...

predictable...
Markets like to retest breakout points. The pitchfork analysis gave all the support points. The early good Euro data was ideal for the market to keep it's momentum setup at london open. Markets normally open at one extreme and closes in other. There are other considerations, but after a long while you get a certain picture of where it's headed during the day. Not every day, but those days better to leave if you get an early loss and you are not seeing the market flow.
  • #274,229
  • Jul 22, 2010 11:52am Jul 22, 2010 11:52am
I think tomorrow will be `short, though the stress test is positive will ... the long known that almost all banks and then tomorrow it will surpass anything new for me
  • #274,230
  • Jul 22, 2010 11:58am Jul 22, 2010 11:58am
Quoting wannaberich
that i completely grasp how far away i still am...

predictable...
On the H1 chart....there were three bear flags on the way down....the last one failed..

This setup a test of the next one above it.....and so on....

Currently we have stalled for now at the top of the 1st bear flag...
  • #274,231
  • Jul 22, 2010 12:01pm Jul 22, 2010 12:01pm
Short term target .2885
  • #274,232
  • Jul 22, 2010 12:02pm Jul 22, 2010 12:02pm
i have my 3rd short on and with sl at be, so now i won't loose LOL!
dreams do come true.
  • #274,233
  • Jul 22, 2010 12:05pm Jul 22, 2010 12:05pm
i just ask myself how longer is the long while. been at this, too many hours a day for almost 2 years and it still seems too far...

Quoting Atlast
..., but after a long while you get a certain picture of where it's headed d....
dreams do come true.
  • #274,234
  • Jul 22, 2010 12:22pm Jul 22, 2010 12:22pm
Quoting wannaberich
i just ask myself how longer is the long while. been at this, too many hours a day for almost 2 years and it still seems too far...
many have been at it for over 5 years and still haven't learnt. Don't worry, one day it will click, and you will be amazed how boring it can be making winning trades. In fact it got so boring I started looking for some excitement and found this forum a year ago.
  • #274,235
  • Jul 22, 2010 12:26pm Jul 22, 2010 12:26pm
Quoting wannaberich
i just ask myself how longer is the long while. been at this, too many hours a day for almost 2 years and it still seems too far...
You are still in the average time needed to understand the big movements of the market. According with some polls I read here in FF and other places, the average trader took 2,5/3 years to fully understand the market and be consistently profitable. So, don't be so cruel on yourself
  • #274,236
  • Jul 22, 2010 12:28pm Jul 22, 2010 12:28pm
Man, I did my best to tell ya this morning. Im trying to help. But there are some people in this thread and others that think they can win every time. Can not be done. Sometimes I have to build on a loss to get a winner and thats all there is to it. That is the key, to be able to take a loser and turn it into a winner.

Some people think there is a way to place a trade and collect profits without loosing. These are all part of the 90% that dont make it.

There was a guy who was so relieved to see that push up overnight that he posted the most stupid comment I have ever heard in here. He said,"
Good punishment for bear. Next time stupid big bear players will learn how to trade. He was showing his weekness and acting like a child.

Jim

Quoting wannaberich
that i completely grasp how far away i still am...

predictable...
  • #274,237
  • Jul 22, 2010 12:32pm Jul 22, 2010 12:32pm
You are doing what you need to do. The big thing is to manage your money right. That is the single most important thing you can do while learning. And you got to know who to listen too also because there is a lot of bad info in these threads.

Jim


Quoting wannaberich
i just ask myself how longer is the long while. been at this, too many hours a day for almost 2 years and it still seems too far...
  • #274,238
  • Jul 22, 2010 12:32pm Jul 22, 2010 12:32pm
pending buy @2883 tp 2930. is it a smart move?
If only,.....
  • #274,239
  • Jul 22, 2010 12:33pm Jul 22, 2010 12:33pm
Quoting Atlast
In fact it got so boring I started looking for some excitement and found this forum a year ago.
lol sad huh...public forums are usually good for a some laughs go to the systems section lol
  • #274,240
  • Jul 22, 2010 12:35pm Jul 22, 2010 12:35pm
Quoting Nene
You are doing what you need to do. The big thing is to manage your money right. That is the single most important thing you can do while learning. And you got to know who to listen too also because there is a lot of bad info in these threads.

Jim
This is what I am failing at right now... heh. Don't have a big enough account to only risk 2%...

Time to stay in Demo...

I must admit, I have been developing a really neat skill as of late, and it has been to get into the market at the exact wrong time...
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