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  • #370,901
  • Jan 24, 2011 6:05am Jan 24, 2011 6:05am
Quoting bbakker
Neither are you going to learn from a $99 ebook or a 'guaranteed 100% system' on eBay for 99c.
  • #370,902
  • Jan 24, 2011 6:06am Jan 24, 2011 6:06am
Quoting bbakker
P.S. Be careful who you choose for your Forex education. This is a market where money flows and it attracts all sorts of charlatans (Knowledge to Action and Trader's University, to name one, as they are the same people). Do your due diligence! Neither are you going to learn from a $99 ebook or a 'guaranteed 100% system' on eBay for 99c.
Once you have had your education and you have found a trading style that suits, then it is practice, practice and practice, because practice makes perfect. Record EVERY trade you make and review why you have losers and why you have winners. Focus on the winners more than the losers!
  • #370,903
  • Jan 24, 2011 6:07am Jan 24, 2011 6:07am
Quoting bbakker
P.S. Be careful who you choose for your Forex education. This is a market where money flows and it attracts all sorts of charlatans (Knowledge to Action and Trader's University, to name one, as they are the same people). Do your due diligence! Neither are you going to learn from a $99 ebook or a 'guaranteed 100% system' on eBay for 99c.
of course the ebay thing.
Hero calls followed by margin calls...
  • #370,904
  • Jan 24, 2011 6:09am Jan 24, 2011 6:09am
Quoting snatch
thanx.. hhmmm.. i was just kidding.. I am practicing my sarcasm..
5 successive good trades in green.. nothing better than fx in life, apart from winning lottery...

good luck
anna
Right. Then why the dumb question as to why 1.3512 is important with the post 'Can you explain why?'

Your life, your money. Goodbye!
  • #370,905
  • Jan 24, 2011 6:11am Jan 24, 2011 6:11am
Quoting PhAnTi'
of course the ebay thing.
The "guaranteed 110% system" is the best.
  • #370,906
  • Jan 24, 2011 6:12am Jan 24, 2011 6:12am
Quoting bbakker
Right. Then why the dumb question as to why 1.3512 is important with the post 'Can you explain why?'

Your life, your money. Goodbye!
because its an educational forum imo... so spurting a numebr out doesnt help a newbie, unless its accompanied by a chart or some explanation...
best wishes
anna
  • #370,907
  • Jan 24, 2011 6:14am Jan 24, 2011 6:14am
1.3525 is important. Gonna find support at that point.
  • #370,908
  • Jan 24, 2011 6:15am Jan 24, 2011 6:15am
Quoting snatch
thanx.. hhmmm.. i was just kidding.. I am practicing my sarcasm..
keep practicing.
  • #370,909
  • Jan 24, 2011 6:16am Jan 24, 2011 6:16am
Quoting Alihuzaifa
gone short for 50 pips...
position closed
  • #370,910
  • Jan 24, 2011 6:16am Jan 24, 2011 6:16am
opportunity to go short here with a tight SL, 10 pips
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  • #370,911
  • Jan 24, 2011 6:17am Jan 24, 2011 6:17am
Quoting bbakker
P.S. Be careful who you choose for your Forex education. This is a market where money flows and it attracts all sorts of charlatans (Knowledge to Action and Trader's University, to name one, as they are the same people). Do your due diligence! Neither are you going to learn from a $99 ebook or a 'guaranteed 100% system' on eBay for 99c.

some great advice

but who or where do you go for a forex education?, this is the thing im struggling with the most......knowing who to trust and spend time learning from...
  • #370,912
  • Jan 24, 2011 6:18am Jan 24, 2011 6:18am
is a 3510 good place to have pending order for short ? Dont want this thing to reach my target and reverse for 37
  • #370,913
  • Jan 24, 2011 6:19am Jan 24, 2011 6:19am
Quoting pinkiaiii
is a 3510 good place to have pending order for short ? Dont want this thing to reach my target and reverse for 37
no... short at 3555 SL 3568 TP1 3509
  • #370,914
  • Jan 24, 2011 6:20am Jan 24, 2011 6:20am
waking up with 84 pips in the bag. thank you very much.
Quoting attila
3614,3594,3540

edit: missed 3574

moved up the last two targets to 3477, 3455 respectively. gn.
  • #370,915
  • Jan 24, 2011 6:20am Jan 24, 2011 6:20am
Quoting red2010
some great advice

but who or where do you go for a forex education?, this is the thing im struggling with the most......knowing who to trust and spend time learning from...
learn yourself, trust me, best way.

paying some dumbo to teach you is just stupid.

learn yourself, make the mistakes, then blow your account a few times.

then you will master this shit.
  • #370,916
  • Jan 24, 2011 6:20am Jan 24, 2011 6:20am
Quoting snatch
opportunity to go short here with a tight SL, 10 pips
not a good idea to short it..PA seems to be touch 3570-75 soon
  • #370,917
  • Jan 24, 2011 6:21am Jan 24, 2011 6:21am
WALL STREET JOURNAL: Euro Rally Threatened as Trichet Backs Off Hawkish Rhetoric
  • #370,918
  • Jan 24, 2011 6:22am Jan 24, 2011 6:22am
Quoting qwertymyfx
1.3525 is important. Gonna find support at that point.
ummm, assuming it heads down...
  • #370,919
  • Jan 24, 2011 6:23am Jan 24, 2011 6:23am
Quoting pinkiaiii
is a 3510 good place to have pending order for short ? Dont want this thing to reach my target and reverse for 37
Well see 3520 looks like the breach of the 4H trendline so 3510 would be a shorting area. Keep in mind however price tends to retrace to a previous support level which then acts as resistance. If that level breaks I invalidate my trade. I'd wait for a break of these support levels first, wait for a retrace, then take your position.
  • #370,920
  • Jan 24, 2011 6:23am Jan 24, 2011 6:23am
Still looking for a long play....waiting
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