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EURUSD

  • #411,421
  • Mar 22, 2011 10:33am Mar 22, 2011 10:33am
Quoting Chicky
Either give it to Japanese Tsunami Fund or spend on a whore.

  • #411,422
  • Mar 22, 2011 10:35am Mar 22, 2011 10:35am
Quoting FishHead
I suppose I should take lessons on setting better TPs then, they're generally just too high or only half as high as they should've been set. This zero-sum game is driving me nuts, I hate working for my broker.
Especially when them pricks won't even send you a Christmas card...

There are a few things that I could suggest...

1. Larger positions, taking profit on partials, letting the rest ride.
2. Longer time frame trading, requires larger stops but can keep you from being a slave to the charts.
3. Shorter time frame trading, hit and run baby! Take what ya can until the next best thing comes along.
4. Visit Red's thread, learn a little more about Supply and Demand levels.
5. Stop in and see the guys in the VSA thread to understand where to look for entries and exits based on volumes...

At the end of the day, 1 green pip separates a winning day from a losing day, and really, ya can never go broke taking profits of any size...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #411,423
  • Mar 22, 2011 10:37am Mar 22, 2011 10:37am
Quoting Vladimir1987
I love forex i lose so easy im sick of it.
Dont have the will to continue...


Good luck guys im giving it up.
I think we should talk..
  • #411,424
  • Mar 22, 2011 10:37am Mar 22, 2011 10:37am
Quoting dejv
don't give up man!

I will bet that almost everyone here know what you feel

get back to demo, practice your system, don't let your emotions take over you!

good luck!
agree with this man.
  • #411,425
  • Mar 22, 2011 10:38am Mar 22, 2011 10:38am
Quoting Azinvg
if we go above 1.4204 dp, then ill go to the bank, and then ill come back to see whats going and then to the gym. Is that ok with you guys?. I would lose 75% of my account, and if i hit it ill increase by 75%
forgive me bro, my being a newbie and all but that sounds very much like GAMBLING!!!!!!!!!
C.O.B.R.A FX - MENACE TO MY BROKER!!
  • #411,426
  • Mar 22, 2011 10:38am Mar 22, 2011 10:38am
Quoting fldash
Demos offer no emotional tie. You have to at least risk something, even if it's a cent a pip.
true, but if you're not making money in demo, then there's no point going live.
  • #411,427
  • Mar 22, 2011 10:39am Mar 22, 2011 10:39am
Quoting T@rantula
I think we should talk..
he's been told by a few people.

at the end of the day it's his choice.

at least he can't lose money not trading forex!
  • #411,428
  • Mar 22, 2011 10:40am Mar 22, 2011 10:40am
Closed my long from 4180 at 97, just watch it rocket up.
  • #411,429
  • Mar 22, 2011 10:40am Mar 22, 2011 10:40am
Quoting Vladimir1987
I love forex i lose so easy im sick of it.
Dont have the will to continue...


Good luck guys im giving it up.
You are not a part of an exclusive club, most that leave the market do so with a zero account balance, not by choice.

Trading isn't for everyone.

Best of luck in your future endeavors.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #411,430
  • Mar 22, 2011 10:42am Mar 22, 2011 10:42am
Its a big account, i dont have to proof anything. Normally I play it like that. I made 20% movements, then if i increase my account 3times then ill go with 50% of the winnings with the trend. This is not the only money that I have for forex as you know.

But im expert on margin calls, at least i wont have one today.


STILL PLAYING THAT, AND LEAVING TO THE BANK.

TP AT 1.4260-14275
  • #411,431
  • Mar 22, 2011 10:42am Mar 22, 2011 10:42am
long @ 4191, doji reversal candle on channel bottom.

Will monitor the trade. TP opened
  • #411,432
  • Mar 22, 2011 10:44am Mar 22, 2011 10:44am
Quoting mofu.Dnewbie
forgive me bro, my being a newbie and all but that sounds very much like GAMBLING!!!!!!!!!
Do u add probabilities in gambling? No. I dont cheat, you cant add it unless cheating. Do u add probabilities when trading Forex?

Absolutely.At least I do You cant cheat the market.
  • #411,433
  • Mar 22, 2011 10:46am Mar 22, 2011 10:46am
hmnn... 15 mins more and the candle looks like a reversal confirmation.

ok scrap that, i think its heading up now lol
  • #411,434
  • Mar 22, 2011 10:48am Mar 22, 2011 10:48am
Quoting thelws
hmnn... 15 mins more and the candle looks like a reversal confirmation.

ok scrap that, i think its heading up now lol
? Have u seen the last h1 close. Its a DOJI on channel bottom. You could have easily made 20 pips so far.
  • #411,435
  • Mar 22, 2011 10:48am Mar 22, 2011 10:48am
Quoting thelws
hmnn... 15 mins more and the candle looks like a reversal confirmation.

ok scrap that, i think its heading up now lol
We just cleared 1m Resistance but haven't tested daily roll for resistance...

Tuff cutting skywards, so I will be quick on the trigger for my longs until we clear the day...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #411,436
  • Mar 22, 2011 10:48am Mar 22, 2011 10:48am
Quoting Magix
Especially when them pricks won't even send you a Christmas card...

There are a few things that I could suggest...

1....
Well, I trade on the shorter TFs because I want to feel like I'm actually working. I figure more effort = more $ as opposed to making a trade and sitting on my ass watching it when I could be making entries at dips/spikes. Funnily enough, I make the biggest profits when I through in only a single lot a opposed to the usual 5-6 and leave it running overnight. It's just that I can't sleep when I do that and I get neurotic from sleep-deprivation.

I've been following red's thread for a while, but they trade so many different pairs that it's hard to follow and recently the trades there have been pretty.... bad. I also don't have a tin foil hat to wear for malcomb's thread, either.
  • #411,437
  • Mar 22, 2011 10:49am Mar 22, 2011 10:49am
Quoting FishHead
Closed my long from 4180 at 97, just watch it rocket up.
Boy, I really hate it when I'm right.
  • #411,438
  • Mar 22, 2011 10:50am Mar 22, 2011 10:50am
Quoting T@rantula
? Have u seen the last h1 close. Its a DOJI on channel bottom. You could have easily made 20 pips so far.
i've learnt to wait for confirmations after dojis. its not like a doji reverses all the time. not anymore in this market.

but no worries, another signal will come lol. i can wait
  • #411,439
  • Mar 22, 2011 10:52am Mar 22, 2011 10:52am
Quoting FishHead
Boy, I really hate it when I'm right.
There will be times when you close the trade at the right time and times when you won't. I don't punish myself anymore for closing too early. As long as there is money in the bank, it's all good.
Nothing worth having is easy.
  • #411,440
  • Mar 22, 2011 10:52am Mar 22, 2011 10:52am
HI Magix,
what do you mean by quick on the trigger? micro managing them?
Quoting Magix
We just cleared 1m Resistance but haven't tested daily roll for resistance...

Tuff cutting skywards, so I will be quick on the trigger for my longs until we clear the day...
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