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EURUSD

  • #455,101
  • Jun 3, 2011 1:17pm Jun 3, 2011 1:17pm
Quoting TheGamer
Apologies for late reply. was off for dinner.

its ForexControl.com
Rule they told me just few days back : Either take 25 pips or close trade after 30 minutes.

i've been playing for past 3 months & at start i made 320$ from 200$ deposit within 10 days. but lost after few days. did some more experiments on the next deposit & lost that also. this time deposited 250$ & raised a/c to 475$ within 7 days. Then i don't know what went wrong & MT4 stopped closing my trades at T/P & S/L. i still remember how upset i was when it was not closing even manually,...

Close your account with them immeadiatly ...

Don't trade with them anymore ...

Such things have bad and negative effects on your mind as well ...


And go elsewhere ... but important thing is ... add more ... as you cannot be with a good finance service for a handfull of a few hundred bucks there ...

But that makes no sense ... close tha account ... and try to open elsewhere with more background in your funds ...

Otherwise it ends in a mess ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #455,102
  • Jun 3, 2011 1:19pm Jun 3, 2011 1:19pm
Looks now like a barrier triangle, with the barrier to the upper side.

Now in wave E down. If that is finished expect an upward thrust.


For this thrust we have two possibilities:

a) very short, will truncate or barely reach over the barrier

b) very long in a kind of an extended impulse


This wave E should ideally end at around 4615
  • #455,103
  • Jun 3, 2011 1:19pm Jun 3, 2011 1:19pm
Quoting mercy seat
Overall ... I can say ...

Don't open an account with too small fund size ...

You cannot trade with propper account management methods then ...
i guess they're from USA. im still on a learner mode. its just 3 months of practice. Can't risk big amount without managing my account for 1 month at least. only after then i'll open a/c with 5000$ as my total budget was 10000$ for this business & have already spent around 4000$ including training, software etc. Bought a laptop only for this purpose as i use a desktop.

i created a demo a/c at Dukascopy but there's no MT4. its Jforex etc.
Hope
  • #455,104
  • Jun 3, 2011 1:20pm Jun 3, 2011 1:20pm
back in
  • #455,105
  • Jun 3, 2011 1:21pm Jun 3, 2011 1:21pm
old levels with update
Attached Image (click to enlarge)
Click to Enlarge Name: 1d eur.gif Size: 19 KB
  • #455,106
  • Jun 3, 2011 1:22pm Jun 3, 2011 1:22pm
hello everyone has been a while

made a profit and spent it here to do it all over again

hows this pair doing anyone care to give us the download?
  • #455,107
  • Jun 3, 2011 1:23pm Jun 3, 2011 1:23pm
spooz moving to the lows...
Look Sharp/Trade Tight
  • #455,108
  • Jun 3, 2011 1:24pm Jun 3, 2011 1:24pm
Quoting infinitus
Hi Gamer,

sorry to hear that. This broker has obviously very bad conditions for their traders. I do not know which broker one can reccomend for people living in India. Some times I heard, that Forex trading is not allowed in India. Is that true?

Another remark:

You have doubled your capital in only seven days. That leads to the questions:

a) how many trades

b) overleveraged


If the answere for a) is, that you only had few trades, than you are probably overleveraged. When you say, that you have taken many many trades to be not overleveraged,...

Ja in Indien müssen Firmen nachweisen, dass sie dort einen sogenannten Außenhandelsbedarf haben und das deshalb betreiben müssen ...

Und selbst dann darf nur im jeweiligen Umfang der Aussenhandelsgeschäfte am Foreign Exchange teilgenommen werden ...

Aber es gibt Tricks das zu umgehen ...

Sehr große und bekannte Firmen haben dort ihren Sitz. Auch solche mit ewig langer Forex-Geschichte ...

Nur braucht es wesentlich mehr Brennholz, um mit denen ins Gespräch zu kommen ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #455,109
  • Jun 3, 2011 1:25pm Jun 3, 2011 1:25pm
Quoting kill56
do u see a 500 from here
its funny you say that. i was looking at mapa.. and it has 4638.4
updating now. i take it your thinking h/s
those who can, do. those who cant, talk about those who can
  • #455,110
  • Jun 3, 2011 1:25pm Jun 3, 2011 1:25pm
Quoting PayTheLimit
spooz moving to the lows...
lol, are they closed, what time is it?
Look Sharp/Trade Tight
  • #455,111
  • Jun 3, 2011 1:25pm Jun 3, 2011 1:25pm
Good weekend all going for a drink outside.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #455,112
  • Jun 3, 2011 1:26pm Jun 3, 2011 1:26pm
Quoting kill56
old levels with update
down ward trend ?
looking for retraction ?
  • #455,113
  • Jun 3, 2011 1:27pm Jun 3, 2011 1:27pm
see ya sisse, be safe...
Look Sharp/Trade Tight
  • #455,114
  • Jun 3, 2011 1:27pm Jun 3, 2011 1:27pm
Quoting sisse
Good weekend all going for a drink outside.

sisse

enjoy u did great u need it
  • #455,115
  • Jun 3, 2011 1:28pm Jun 3, 2011 1:28pm
Quoting TheGamer
i guess they're from USA. im still on a learner mode. its just 3 months of practice. Can't risk big amount without managing my account for 1 month at least. only after then i'll open a/c with 5000$ as my total budget was 10000$ for this business & have already spent around 4000$ including training, software etc. Bought a laptop only for this purpose as i use a desktop.

i created a demo a/c at Dukascopy but there's no MT4. its Jforex etc.

No MT4 needed ...

MT4 is not the best solution at all ...

There are many others and of course even better ones ...

I don't know about Dukascopy ... but maybe you can ask Infinitus ...

He is with them I think ...

And he would not be with them if he would have made bad experiences with them ...



2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #455,116
  • Jun 3, 2011 1:31pm Jun 3, 2011 1:31pm
Half an hour left here until they plug out ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #455,117
  • Jun 3, 2011 1:32pm Jun 3, 2011 1:32pm
Quoting infinitus
Hi Gamer,

sorry to hear that. This broker has obviously very bad conditions for their traders. I do not know which broker one can reccomend for people living in India. Some times I heard, that Forex trading is not allowed in India. Is that true?

Another remark:

You have doubled your capital in only seven days. That leads to the questions:

a) how many trades

b) overleveraged


If the answere for a) is, that you only had few trades, than you are probably overleveraged. When you say, that you have taken many many trades to be not overleveraged,...
Hi Marcus lol how you know im from India? i guess i never mentioned that before

with 200$ i started with .02 & after it reached 250$ i started playin @.05
when last time i deposited 250$ i guess i tried .10 & was doing well unless that S/L T/P thing started.

@ Mercy Seat :

You're right! after mid of May im making wrong trades. Result of the negativity caused by my broker.

Tell me about some reliable broker who does not bend their rules in small a/c. i just want to check myself if i can manage to withdraw profit after one month. after that i'll open 5k a/c. Yep Marcus only suggested me Dukascopy.

Regards.
Vishal
Hope
  • #455,118
  • Jun 3, 2011 1:35pm Jun 3, 2011 1:35pm
if I get this right the big picture for a week or two is a small pullback to 1.44x and up again to climax at 1.47? aftrr that hard down below 1.40?
  • #455,119
  • Jun 3, 2011 1:36pm Jun 3, 2011 1:36pm
Quoting forexjam1
at around 4452 4h 8ema **or even from now** could bcome great support n bounce back up .. BUT IF it breaks this lvl then 4433 1h 50ema .. if continues down then 4365 would be the next support daily 8ema .. then 4328 4h 50ema....
went down xactly to 4452..bounced all the way up 1h.. next candle **9am** was the signal to long it.. i had to leave at 5am to take care of sh*t.. wish id been here.. on15m hammer at 8:45 then high close candle at 9am.. confirm the move upwards along with 1h .. but watever this is being said after the fact.. doesnt count for much.. just an observation..
  • #455,120
  • Jun 3, 2011 1:40pm Jun 3, 2011 1:40pm
Current setup is strikingly similar to april-may 2011.

1st chart: Current setup in the last 3 days on 15 min
2nd chart: Setup in april-may 2011

Similarities:
- first indecided teritory
- then mighty fall to support line
- swift recovery and higher high
- phase of consolidation and another major push higher
- zigzagging on the top
- (in case of 2h chart) sheer drop.

One wonders if after zigzagging there comes another sheer drop in 15min chart too. On Monday, today the game is over.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15min.jpg Size: 87 KB
Click to Enlarge Name: 2h.jpg Size: 105 KB
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