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EURUSD

  • #347,781
  • Dec 17, 2010 1:12am Dec 17, 2010 1:12am
Quoting TexasforEX
Dear Santa:

All I want for X-Mas is a 4hr candle close @ 13290, followed by a euro smack down and test of 1.3165,

TFX
have you been good? verbally abusing our senior citizens is not gonna get you on Santa's good list
"If The Fool persists in his Folly he will become wise." - William Blake
  • #347,782
  • Dec 17, 2010 1:14am Dec 17, 2010 1:14am
Quoting TexasforEX
Dear Santa:

All I want for X-Mas is a 4hr candle close @ 13290, followed by a euro smack down and test of 1.3165,

TFX


good one,

i believe you will get your wishes
Mind over matter..I don't mind and you don't matter.
  • #347,783
  • Dec 17, 2010 1:14am Dec 17, 2010 1:14am
Quoting The Fool
have you been good? verbally abusing our senior citizens is not gonna get you on Santa's good list

Ummm, yes?


P.S. he started it
"Timing Is Everything. Really I Swear It Is"
  • #347,784
  • Dec 17, 2010 1:15am Dec 17, 2010 1:15am
Quoting aiyoyo
dem this news definitely bad for my long. careful all those long

Moody’s Downgrades Ireland To Baa1 FROM Aa2; Outlook Negative


Anyone have any idea on this? Any of you bailing your long?
lolz who has been giving crank to Moody's?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #347,785
  • Dec 17, 2010 1:17am Dec 17, 2010 1:17am
Quoting Leinadgnow
why the sudden drop?

The right question is why the sudden spike up,

I could be wrong but a 100 pip stop on a short at current levels could yield 300+
Mind over matter..I don't mind and you don't matter.
  • #347,786
  • Dec 17, 2010 1:17am Dec 17, 2010 1:17am
Quoting TexasforEX
Ummm, yes?


P.S. he started it
uh huh - just remember Santa is always watching you
"If The Fool persists in his Folly he will become wise." - William Blake
  • #347,787
  • Dec 17, 2010 1:20am Dec 17, 2010 1:20am
Quoting khizer
Welcome 1.336..
Yeah, baby, yeah ... !
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #347,788
  • Dec 17, 2010 1:20am Dec 17, 2010 1:20am
Quoting The Fool
lolz who has been giving crank to Moody's?
sorry for my bad english as it's not my native language. But you do you mean by "give crank"? LOL
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #347,789
  • Dec 17, 2010 1:21am Dec 17, 2010 1:21am
i short EU at 1.3304. it went down . but spiking up . so wat to do . trail SL to cost. if it goes down again wat shld b the target. i am new in forex trading. pls help . thank you..
  • #347,790
  • Dec 17, 2010 1:30am Dec 17, 2010 1:30am
Quoting aiyoyo
sorry for my bad english as it's not my native language. But you do you mean by "give crank"? LOL
http://www.urbandictionary.com/defin...rm=crank%20dat

crank is methamphetamiine, speed. Moody's has been vaey active lately. Didn't they say they were gonna downgrade the US govt. debt rating if the tax break extension law passed...?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #347,791
  • Dec 17, 2010 1:30am Dec 17, 2010 1:30am
Quoting IndianTiger
i short EU at 1.3304. it went down . but spiking up . so wat to do . trail SL to cost. if it goes down again wat shld b the target. i am new in forex trading. pls help . thank you..
orders and stop loss are being hit and triggered. i would suggest you buy low sell high. it is likely we will visit 3363 area fib level there. there are lots of sellers there, all those have to be triggered for a long ride down


good luck
  • #347,792
  • Dec 17, 2010 1:32am Dec 17, 2010 1:32am
Quoting IndianTiger
i short EU at 1.3304. it went down . but spiking up . so wat to do . trail SL to cost. if it goes down again wat shld b the target. i am new in forex trading. pls help . thank you..

He will retrace 1.335 ~ 1.337 than back possible... Keep holding
Trade what you see, Not what you think.
  • #347,793
  • Dec 17, 2010 1:33am Dec 17, 2010 1:33am
above 1.33 i prefer buy for a 20/30 pips at least
  • #347,794
  • Dec 17, 2010 1:34am Dec 17, 2010 1:34am
Quoting TexasforEX
Dear Santa:

All I want for X-Mas is a 4hr candle close @ 13290, followed by a euro smack down and test of 1.3165,

TFX
very true lol
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Verily, in every difficulties there is relief
  • #347,795
  • Dec 17, 2010 1:36am Dec 17, 2010 1:36am
Quoting IndianTiger
i short EU at 1.3304. it went down . but spiking up . so wat to do . trail SL to cost. if it goes down again wat shld b the target. i am new in forex trading. pls help . thank you..
1. If you are not sure what you are doing, get out.
2. If you are sure what you are doing, still get out if your loss exceeds 5% of your account balance.
3. If you have already incurred loss exceeding 5% of your account balance - have 2 choices: 1) if money at risk is too big for you to absorb the loss - get out, 2) if money is not so much, stick to your position and do not get out unless see big profit.
4. Once out of this situation, always trade small.
The Thief of Wall Street
  • #347,796
  • Dec 17, 2010 1:36am Dec 17, 2010 1:36am
Quoting mercy seat
Yeah, baby, yeah ... !
exactly to the pip 1.33629.., but then 1.3337 has to be taken out to see those levels before a short.

yeah baby

Good Luck
Oh, it is friday, not much news; we'll see what will happen
  • #347,797
  • Dec 17, 2010 1:37am Dec 17, 2010 1:37am
Quoting The Fool
http://www.urbandictionary.com/defin...rm=crank%20dat

crank is methamphetamiine, speed. Moody's has been vaey active lately. Didn't they say they were gonna downgrade the US govt. debt rating if the tax break extension law passed...?
They are downgrading the whole world LOL
dem them...
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #347,798
  • Dec 17, 2010 1:38am Dec 17, 2010 1:38am
Quoting IndianTiger
i short EU at 1.3304. it went down . but spiking up . so wat to do . trail SL to cost. if it goes down again wat shld b the target. i am new in forex trading. pls help . thank you..
Sounds like you need some demo time and a money management plan.

Before you enter your trade you should know how much you intend to risk and possible target areas.

A set up example would be

short @1.3300

stop @1.3350 (position should be such that the potential loss would be not painful eg 1-2% of account)

target half 1.32 and move stop to be+10 on the rest and go to the pub.
Mind over matter..I don't mind and you don't matter.
  • #347,799
  • Dec 17, 2010 1:39am Dec 17, 2010 1:39am
Quoting Chicky
1. If you are not sure what you are doing, get out.
2. If you are sure what you are doing, still get out if your loss exceeds 5% of your account balance.
3. If you have already incurred loss exceeding 5% of your account balance - have 2 choices: 1) if money at risk is too big for you to absorb the loss - get out, 2) if money is not so much, stick to your position and do not get out unless see big profit.
4. Once out of this situation, always trade small.
  • #347,800
  • Dec 17, 2010 1:40am Dec 17, 2010 1:40am
Ireland rating's downgraded
Trade what you see, Not what you think.
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