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  • #359,841
  • Jan 6, 2011 10:11am Jan 6, 2011 10:11am
Quoting rlforex
sorry to hear that, how the pairs affect each other is something i haven't gotten into synch with yet, i still consider myself a newbie, i stick to eurusd like glue for the moment because i think its the easiest pair to start off on, gbpusd scares the living day lights out of me lol, everytime i go near it, it goes bad!! had a bad start to the day but the last couple of hours going well as have been shorting it so only break even today. good luck with the rest of the day.
I used to stick to E/U pair as well until it went patternless on me. Now it's just a paranoid mess that gets moved by shadows of news.

What I am angry about is how it drags down other totally unrelated pairs with it. You could be trading other totally unrelated pairs and if there is any big price move in E/U, your profit gets wiped. Honestly, if EU can't get their s*** together, they should just disband.

I am down 60 pips already so I am done for the day. GL to you!
Make your losses in demo. Earn your profits live.
  • #359,842
  • Jan 6, 2011 10:11am Jan 6, 2011 10:11am
Bought another lot here @1.3015
  • #359,843
  • Jan 6, 2011 10:12am Jan 6, 2011 10:12am
say hatch, does 2934 mean anything to you?
Look Sharp/Trade Tight
  • #359,844
  • Jan 6, 2011 10:13am Jan 6, 2011 10:13am
Quoting Hda
JEZEK5: good point - I will trade in the direction of the trend
I don't think that is what he meant.....
  • #359,845
  • Jan 6, 2011 10:13am Jan 6, 2011 10:13am
Quoting seeit
Are you managing accounts in connection with MTI
Seeit: I remember you - NO I am not managing accounts in connection with MTI, but everything I know I learnt from them, especially the FX CHIEF on psychology - I was just a student of MTI - I remember you fromthe MTI chatroom - How are you?
  • #359,846
  • Jan 6, 2011 10:13am Jan 6, 2011 10:13am
Quoting coldrecs
Bought another lot here @1.3015
dont overtrade please.. better is to managing one rather than two
  • #359,847
  • Jan 6, 2011 10:14am Jan 6, 2011 10:14am
will close shorts there and load longs

hapipipin
dreams do come true.
  • #359,848
  • Jan 6, 2011 10:14am Jan 6, 2011 10:14am
Quoting PayTheLimit
say hatch, does 2934 mean anything to you?
i got nothing below 2969 just yet. will have to do some thinking once I see the reaction there.

but that's approx. the mid between daily r2 and r3.
  • #359,849
  • Jan 6, 2011 10:14am Jan 6, 2011 10:14am
Quoting Hda
JEZEK5: I will not be buying the EUR
Never mind,clearly i've stopped speaking english.
You can remain irrational longer than you can remain solvent.
  • #359,850
  • Jan 6, 2011 10:15am Jan 6, 2011 10:15am
Quoting Hda
KILL56: I wish I had a crystal ball to answer that question. What I do knnow is - Im not a scalper, so wether it holds or not it doesn't matter - Im trading my target.

I know this doesnt really answer your question. Im sorry. however the market talk target is 1.3000 - lets wait and see what happens. The good news is the tough 1.3080 to 1.3050 has been broken

to me 12960's for now
  • #359,851
  • Jan 6, 2011 10:15am Jan 6, 2011 10:15am
Why r u buying? I can't see any established support as yet, perhaps I'm missing something...

Quoting coldrecs
Bought another lot here @1.3015
  • #359,852
  • Jan 6, 2011 10:16am Jan 6, 2011 10:16am
Quoting piptornado
I don't think that is what he meant.....
Piptornado: maybe I misunderstood. I often misunderstand in error - I will ask Jezek5 to be a little clearer - Thanks
  • #359,853
  • Jan 6, 2011 10:16am Jan 6, 2011 10:16am
Quoting jezek5
Never mind,clearly i've stopped speaking english.
I understood, I think many here did as well.
  • #359,854
  • Jan 6, 2011 10:17am Jan 6, 2011 10:17am
Quoting jezek5
Never mind,clearly i've stopped speaking english.
Jezek5: Im sorry I misunderstood, please clarify youre point. i misunderstood
  • #359,855
  • Jan 6, 2011 10:17am Jan 6, 2011 10:17am
Quoting Pipwanderer
all above levels broken, target now 3001
ok update from the hourly candles i see potential 2988 at least...lets see how that plays out.
  • #359,856
  • Jan 6, 2011 10:18am Jan 6, 2011 10:18am
I see in places that 1.3080 was CRITICAL SUPPORT. Why??
Please respond someone.
  • #359,857
  • Jan 6, 2011 10:18am Jan 6, 2011 10:18am
Quoting Shah22
dont overtrade please.. better is to managing one rather than two
I am not over-trading. My account permits to go even beyond 10 lots without being in immediate danger of having a margin call or loosing all the money in an 100 pips move.

My strategy involves trading multiple lots, usually 3 or 5. But I enter and exit positions gradually, not all in one trade.
  • #359,858
  • Jan 6, 2011 10:20am Jan 6, 2011 10:20am
ok guys and gals, good trading, I am out.
  • #359,859
  • Jan 6, 2011 10:20am Jan 6, 2011 10:20am
Quoting kill56
to me 12960's for now
Kill56: We will have to wait and see - if it goes beyond 1.3000 Im happy
  • #359,860
  • Jan 6, 2011 10:20am Jan 6, 2011 10:20am
Quoting KennyZ
Why r u buying? I can't see any established support as yet, perhaps I'm missing something...
Because I see support nearby @ 1.30 and because I see oversold condition in the market.
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