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EURUSD

  • #351,641
  • Dec 24, 2010 6:24am Dec 24, 2010 6:24am
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 48 KB


3123 needs to be killed for further up....

ouh man its christmas eve, what im doing here ?!
Hero calls followed by margin calls...
  • #351,642
  • Dec 24, 2010 6:25am Dec 24, 2010 6:25am
Quoting Forexpro30
DO YOU HAVE THE DISCIPLINE TO NOT MAKE A TRADE FOR 30 DAYS ?
I didn't trade anything from 28 July to 9 November this year. Not a stock, not a commodity, not a bond, no FOREX.

Even Jesse Livermore (I consider him to be one of the best traders of all time) took time off from trading.
  • #351,643
  • Dec 24, 2010 6:25am Dec 24, 2010 6:25am
Quoting vosterfxandy
how did you work that out?
Its a range till it doesn't get broken.


ForexPro very good post. Ive been trying in my early start to connect my techs with fundies but really didnt know what to look for.. Still dont..

Have to go threw your posts i think u mentioned it and figure it out...

Still im leaning more to the technical side since ive done this from beginning but open for new things, we newer stop learning.
  • #351,644
  • Dec 24, 2010 6:26am Dec 24, 2010 6:26am
Ok, lets see. just seems to be ranging right now.
Enter Signature
  • #351,645
  • Dec 24, 2010 6:26am Dec 24, 2010 6:26am
Quoting alexxi
i feel sorry for you that is why i love spain... sunshine! blue sky. beautiful!

anyway Germany is got lots of other beautiful things plus less unemployment, better economy

dont forget the beautiful Bunds
  • #351,646
  • Dec 24, 2010 6:28am Dec 24, 2010 6:28am
Quoting snatch
dont forget the beautiful Bunds
What's the beautiful bunds?
Enter Signature
  • #351,647
  • Dec 24, 2010 6:28am Dec 24, 2010 6:28am
Quoting wannaberich
i have always been against the idea that experience means much professionally. i remember when i was 27 i went to this meeting with all the heads of departments in europe and they were all much older than me. twice my age or more. i felt a bit overwhelmed with that. someone wise told me: "u shouldn't be worried, u should be proud. u are were all the others are in half the time!" so i never really believed experience but on capabilities, personnel characteristics.

and then came Forex...

in my very humble view this is all about experience. although...
Great post.
  • #351,648
  • Dec 24, 2010 6:30am Dec 24, 2010 6:30am
lol guys check out eu ^^
Hero calls followed by margin calls...
  • #351,649
  • Dec 24, 2010 6:30am Dec 24, 2010 6:30am
Quoting PhAnTi'
Attachment

3123 needs to be killed for further up....
here it goes...
Enter Signature
  • #351,650
  • Dec 24, 2010 6:32am Dec 24, 2010 6:32am
Quoting snatch
dont forget the beautiful Bunds
never traded with it.

or you mean the scenery and vilages?
  • #351,651
  • Dec 24, 2010 6:33am Dec 24, 2010 6:33am
Quoting vosterfxandy
here it goes...
yeppppa
Hero calls followed by margin calls...
  • #351,652
  • Dec 24, 2010 6:34am Dec 24, 2010 6:34am
Quoting vosterfxandy
What's the beautiful bunds?
Bund = German Bonds.

My humorous response: http://tinyurl.com/2e2tesu
  • #351,653
  • Dec 24, 2010 6:34am Dec 24, 2010 6:34am
still going through the process.

last real account blown 2 months ago. but they are lasting longer now... LOL

Quoting iflyjetzzz
Great post.
dreams do come true.
  • #351,654
  • Dec 24, 2010 6:35am Dec 24, 2010 6:35am
Quoting iflyjetzzz
Bund = German Bonds.

My humorous response: http://tinyurl.com/2e2tesu
ahh right.
Enter Signature
  • #351,655
  • Dec 24, 2010 6:36am Dec 24, 2010 6:36am
Quoting wannaberich
still going through the process.

last real account blown 2 months ago. but they are lasting longer now... LOL
as long as each subsequent account lasts longr than the previous one, you're on the right track. it's when they last shorter u should start worrying.
Enter Signature
  • #351,656
  • Dec 24, 2010 6:36am Dec 24, 2010 6:36am
Quoting wannaberich
still going through the process.

last real account blown 2 months ago. but they are lasting longer now... LOL
may i ask what was the reason it got blown?
  • #351,657
  • Dec 24, 2010 6:37am Dec 24, 2010 6:37am
Quoting wannaberich
still going through the process.

last real account blown 2 months ago. but they are lasting longer now... LOL
Hero calls followed by margin calls...
  • #351,658
  • Dec 24, 2010 6:38am Dec 24, 2010 6:38am
Quoting snatch
thats why ive been placing these trades so that I dont have to trade but only manage, or pick the apples as they fall from the tree as Gator would say..
merry xmas

anna
You made the point. YOU have discipline because you are not just trading to trade. You have a Trade Plan and know how to execute it. You probably do very good in your trading. Thanks for your reply.

The reason I made the comment was I see so many here needing to be in the market.

Now is the time to STAND ASIDE.

I am a professional Forex trader. I have NO IDEA where EUR/USD will be next week and it does not matter.

What if I get in now and there is a spike up for whatever reason and I end up needing to hold or just take my 100 PIP loss.

I will say to myself. Why ?

You needed to stay out.

The Trade Plan is when you see no opportunity just stand aside.

Perhaps next week my view of EUR/USD will change to long yet now I see it short. Why take the risk when I do not know what events will unfold next week.

Have a Merry Xmas.
  • #351,659
  • Dec 24, 2010 6:39am Dec 24, 2010 6:39am
Quoting alexxi
may i ask what was the reason it got blown?
probably trading nfp.
Enter Signature
  • #351,660
  • Dec 24, 2010 6:40am Dec 24, 2010 6:40am
Quoting vosterfxandy
probably trading nfp.
lol ^^
Hero calls followed by margin calls...
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