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  • #452,261
  • May 31, 2011 2:55am May 31, 2011 2:55am
Quoting KillerWhale
To be honest, I did put in stops @ 80.60. This trade could never have ruined me, just being a bad bad loss.
But I knew it had to come up some time. Lol and when I look at my chart now, I closed still 20 pips too early.
But you can't win them all.

Shamu
well done any way, for coping with the stress...
  • #452,262
  • May 31, 2011 2:57am May 31, 2011 2:57am
Pop pop pop ...

Like it ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #452,263
  • May 31, 2011 2:57am May 31, 2011 2:57am
soft german employment number...
  • #452,264
  • May 31, 2011 2:58am May 31, 2011 2:58am
Quoting darimik
I did too. the price was worse though. @ 80

still keeping my aud longs. 4 am here in uk. time for bed
eur closed for +25 aud stopped out for -30. morning all

lets make it a profitable day. lol
  • #452,265
  • Edited 3:13am May 31, 2011 2:59am | Edited 3:13am
Quoting fontu
Risky short scalping with guards on if it a bull still , seems so as 4363 not broken yet . lets see.

no this camel extending the mouth up & bull continued , 4422-41 ok
fontu
same situation again either bull to continue very strong or fail price breaks at 4388 down . short continues.
fontu

same but this strong waves without any retracement always sign of impending failure soon .. ab c go no d .every action has equal & opposite reaction for parts it did so, accumulated fast action also next to come when exhaust .

now 4397 bo down to start retracement , next confirmation the previous 4388 & next previous 4363.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 9 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #452,266
  • May 31, 2011 3:00am May 31, 2011 3:00am
Hunting "Bear" Cable Geppy easy, EU AU soon, out of sync but soon
I think
If you are new to Forex? Say Goodbye to your account!!
  • #452,267
  • May 31, 2011 3:02am May 31, 2011 3:02am
Quoting darimik
eur closed for +25 aud stopped out for -30. morning all

lets make it a profitable day. lol
morning and welcome to trade...
green pips to you too
Patience, Emotion Control and Discipline.
  • #452,268
  • May 31, 2011 3:09am May 31, 2011 3:09am
...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #452,269
  • May 31, 2011 3:09am May 31, 2011 3:09am
Quoting FibbinArchie
well done any way, for coping with the stress...
But there is another secret to it, when I say I'm highly over leveraged that will still be nothing in the eyes of the real gamblers.
Normally I trade with leverage maximum 10 to 1 (10,000 units per $1,000 account value). I know there are traders who trade 100 to 1 (100,000 per $1,000 account value, or more), which in my eyes is crazy.
In this particular trade I was trading with leverage 65 to 1 (65,000 units per $1,000 account value, so for some it is still low leverage, only in my eyes is was way too high.
Just because of an accidentally wrong entree LOL.

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #452,270
  • May 31, 2011 3:10am May 31, 2011 3:10am
Morning,

Careful with longs, decent sell points at 1.4420/40.

Draghi speaks 9:30 GMT at Annual Meeting of the Bank of Italy.
They think they are smarter than I am.
  • #452,271
  • May 31, 2011 3:12am May 31, 2011 3:12am
When Asia does most of a currency pairs ATR, we need to exploit BO ( breakouts) on London opening. Failing to do so will jeopardize our trades and put us in flat range for most of its session. NY would play its own game, so its adviced to wait for NY session. Grab n run tactics for BO works its best when ATR is almost full.

We are not gamblers we are traders.
  • #452,272
  • May 31, 2011 3:13am May 31, 2011 3:13am
Quoting Z3iz3i
Morning,

Careful with longs, decent sell points at 1.4420/40.

Draghi speaks 9:30 GMT at Annual Meeting of the Bank of Italy.
Exact levels I have in mind, although scalping in the mean time...

Not sure of the impact unless they're about to throw their hat in the bailout ring also...

edit: just realised, he's front runner to replace tricky...
  • #452,273
  • May 31, 2011 3:14am May 31, 2011 3:14am
Quoting Z3iz3i
Morning,

Careful with longs, decent sell points at 1.4420/40.

Draghi speaks 9:30 GMT at Annual Meeting of the Bank of Italy.
thnks, what is your read on the first hour of London..thnks PTL.....

did that leg heal?
Look Sharp/Trade Tight
  • #452,274
  • May 31, 2011 3:21am May 31, 2011 3:21am
Quoting reg
in the last few days a read about a lot of people were short cause of technical and cause of Greece. Now i am a bit confused. Ok maybe it is just going to take all SL and then go down. But my question is why if Greece is at risk default everybody is buying? And then even if germany will save Greece with more aid, how Greece will repay it? In a way or another Greece is really in trouble, and after that Portugal Ireland, Belgium (Political problem) and I will add Italy that when EU wake up and discover what kind debt in reality they have, I think...
Don't waste your time trying to figure all that crap out..no one knows the outcome for sure..the euro will bounce all over the place..there are too many things tied to its movement..S/P won't work either..its just a guess. A fool and his money are soon parted.
  • #452,275
  • May 31, 2011 3:24am May 31, 2011 3:24am
Quoting PayTheLimit
thnks, is your read on the first hour of London..thnks PTL.....

did that leg heal?
Yeah, leg is 100% great now but it took like 2 months to heal so i could walk well.

I just logged in a while ago so i am looking for previous daily/week levels, those will be defended.
They think they are smarter than I am.
  • #452,276
  • May 31, 2011 3:25am May 31, 2011 3:25am
Quoting Z3iz3i
Yeah, leg is 100% great now but it took like 2 months to heal so i could walk well.

I just logged in a while ago so i am looking for previous daily/week levels, those will be defended.
good luck...
Look Sharp/Trade Tight
  • #452,277
  • May 31, 2011 3:25am May 31, 2011 3:25am
http://www.amazon.co.uk/Basic-Econom...6830311&sr=8-1
  • #452,278
  • May 31, 2011 3:25am May 31, 2011 3:25am
Better not watching bit by bit now the mofu .
fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #452,279
  • May 31, 2011 3:26am May 31, 2011 3:26am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
Quoting Vilgax
Good morning,

Another no go yesterday trying to short the thing. I see Asia pumped some steriods into it AGAIN so shorting now would more than likely not be a good idea. I am long from 1.4400 / TP 1.4440 which is a previous weekly high (1.4441 according to my broker) and I think it should hit 1.4492 which is another previous weekly high. This thing looks like it wants to go all the way - and with yesterday being so slow / today might be just the opposite......

I have levels 1.4441 / 1.4467 & 1.4492.....1.4500 does not seem too far away...
The forex market has its own life and takes its own time.
  • #452,280
  • May 31, 2011 3:27am May 31, 2011 3:27am
Quoting fontu
Better not watching bit by bit now the mofu .
fontu
What
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