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  • #276,761
  • Jul 30, 2010 11:20am Jul 30, 2010 11:20am
Quoting kandarv
40 pips to loose everything? what about your MM? that can't be possible.
And I'm saying this cause loosing trades are not strange to me, but... with proper MM those loses don't do much.
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  • #276,762
  • Jul 30, 2010 11:21am Jul 30, 2010 11:21am
Quoting jynx_km
Is there any chance to fall EU to 40 today?
A big one. But there is also the possibility that it will run up to those bloody 1.84 of yours before going down for the week end.
  • #276,763
  • Jul 30, 2010 11:21am Jul 30, 2010 11:21am
Quoting A-lonetrader
Did you buy too..?
nope..
I'm learning to trust my own charts..
  • #276,764
  • Jul 30, 2010 11:30am Jul 30, 2010 11:30am
Quoting kandarv
And I'm saying this cause loosing trades are not strange to me, but... with proper MM those loses don't do much.
yeah, you r right - it's only important to make more gain than losses.

Many traders have more lossers than winners, but at the end of the month they made a nice gain.
Pecunia non olet
  • #276,765
  • Jul 30, 2010 11:48am Jul 30, 2010 11:48am
this week was a bad one... bye all... good luck
If only,.....
  • #276,766
  • Jul 30, 2010 11:49am Jul 30, 2010 11:49am
Lucky guy ;-)

"It is better to be borne witout the dick than without luck!" - someone smart

Sasa

Quoting jynx_km
I'm lost second time...((
i'm in S from 1,3040. If it break 1,3080 i'll lose everything...
  • #276,767
  • Jul 30, 2010 12:04pm Jul 30, 2010 12:04pm
rising wedge
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  • #276,768
  • Jul 30, 2010 12:11pm Jul 30, 2010 12:11pm
Quoting manojsai
rising wedge
hope it'll follow with a nice fall..
I'm learning to trust my own charts..
  • #276,769
  • Jul 30, 2010 12:22pm Jul 30, 2010 12:22pm
Quoting Anis
hope it'll follow with a nice fall..
hope so, 3042 is a strong support.
  • #276,770
  • Jul 30, 2010 12:35pm Jul 30, 2010 12:35pm
Rising wedge could mean some downside... (15m chart)-
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  • #276,771
  • Jul 30, 2010 12:49pm Jul 30, 2010 12:49pm
I see some new guys here who want to go 100 year's way in one night. Anyway, retail brokers need "traders" like them to stay alive.
Discipline + Patience - Fear - Greed = Success
  • #276,772
  • Jul 30, 2010 1:11pm Jul 30, 2010 1:11pm
Quoting forexings
I donno why bear is so stupid. Every trader even a noob knows in 1m 200ma there is a sudden spike possible to break near resistance but bear didn't check this. And for this mistake bear again lost a big gain. Pure dumb
please refrain from insulting others.
those who can, do. those who cant, talk about those who can
  • #276,773
  • Jul 30, 2010 1:16pm Jul 30, 2010 1:16pm
Fed Comments Cause a Disproportional Stir in USD
News and Events:
FX markets continue with their choppy, noncommittal trading pattern. We are seeing a variety of small time news events having a distortional effect on prices.

Starting in the European session, markets were buzzing with reports that the SNB was unwinding part of their massive reserve.

As for today the US GDP will be the highlight of the day. As with deflation, “double Dips” are back in fashion and a weak number (supported by soft economic reading recently) will only exacerbate the theory and kill the USD.
Read Today's Key Issues and The Risk Today


Great reading from Peter Rosenstreich from ACM, thumbs up, one that take the courage to say it, is like hey you trader step out this shit is going to eat you.
  • #276,774
  • Jul 30, 2010 1:24pm Jul 30, 2010 1:24pm
prediction my prediction is already some tension fails to do so I let on Monday, if anyone would like to predict the month of August for a few eu write me private message, I just finished it

ZEROsk
  • #276,775
  • Jul 30, 2010 1:52pm Jul 30, 2010 1:52pm
Nice play today pa , for bull still some pullback can be expected at 1.3080 towards 1.3037, 3005 & 1.2985 to even 2978/66 again .so may have the long entry who missed before.and if fall below 1.3037 then chances of more fall and something wrong with the count possible or for re-arrangements may need as pa in an expanding triangle bearish in nature & below 1.2965 will confirm it . Hope not as such & may not be seen perhaps today .


fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #276,776
  • Jul 30, 2010 1:58pm Jul 30, 2010 1:58pm
How many minutes 'til market takes its weekend hiatus?
Enter Signature
  • #276,777
  • Jul 30, 2010 2:00pm Jul 30, 2010 2:00pm
Quoting black mamba
How many minutes 'til market takes its weekend hiatus?
An hour til close
  • #276,778
  • Jul 30, 2010 2:02pm Jul 30, 2010 2:02pm
Quoting Jhig
An hour til close
2 hours - as I know only the us stock markets closes in 1 hour, but the fx markets goes until 23 met - but after the close of the us stock market the fx markets doesn't move really much
Pecunia non olet
  • #276,779
  • Jul 30, 2010 2:32pm Jul 30, 2010 2:32pm
It's been a decent scalping day.

Happy weekend to all.
  • #276,780
  • Jul 30, 2010 3:01pm Jul 30, 2010 3:01pm
nice bearish close
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