EURUSD | Page 25374 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #507,461
  • Aug 2, 2011 10:12pm Aug 2, 2011 10:12pm
Quoting mohan76
close over 4192 bull sign ?
Nothing gives a bigger loss than carrying losing positions beyond reasonable and well calculated limits.

Don't know about others, but once I take a position seldom worry about a loss knowing that this loss will be a normal cost of doing business.

Was down 1% this morning (1% is big figure for me) but now up more than 2%.

Risked 1% on a long entered during Tokyo session at that yellow support line. Not my style, but this time have moved sl to BE. Market will keep on providing many better and some excellent opportunities provided we preserve our trading capital. This was the thought behind my advice for cutting position by half if situation is not certain. I never attempt to recover a loss in one go. Little by Little (Poco a Poco) is the key for me.
The Thief of Wall Street
  • #507,462
  • Aug 2, 2011 10:15pm Aug 2, 2011 10:15pm
Quoting Chicky
Nothing gives a bigger loss than carrying losing positions beyond reasonable and well calculated limits.

Don't know about others, but once I take a position seldom worry about a loss knowing that this loss will be a normal cost of doing business.

Was down 1% this morning (1% is big figure for me) but now up more than 2%.

Risked 1% on a long entered during Tokyo session at that yellow support line. Not my style, but this time have moved sl to BE. Market will keep on providing many better and some excellent opportunities provided we preserve...
ps - another 1% on that long while writing the above. Now on the sidelines.
The Thief of Wall Street
  • #507,463
  • Aug 2, 2011 10:16pm Aug 2, 2011 10:16pm
Quoting Chicky
Nothing gives a bigger .
thanks Chicky, calculated loss question was is it worth , as you always do pointed correct path. i have hedge (die another day so i can sleep )
Mohan
  • #507,464
  • Aug 2, 2011 10:19pm Aug 2, 2011 10:19pm
Quoting Geppy
Alright folks... ......
...... here comes the bull in china shop..........

Kindly remove that oversize chart. Thanks.
The Thief of Wall Street
  • #507,465
  • Aug 2, 2011 10:21pm Aug 2, 2011 10:21pm
morning...
Look Sharp/Trade Tight
  • #507,466
  • Aug 2, 2011 10:23pm Aug 2, 2011 10:23pm
Quoting PayTheLimit
morning...
morning plt
Mohan
  • #507,467
  • Aug 2, 2011 10:27pm Aug 2, 2011 10:27pm
Quoting mohan76
i have hedge my trade (die another day), usually after i hedge it north
see its moving north
Mohan
  • #507,468
  • Aug 2, 2011 10:28pm Aug 2, 2011 10:28pm
Quoting mohan76
thanks Chicky, calculated loss question was is it worth , as you always do pointed correct path. i have hedge (die another day so i can sleep )
I don't know how and why people hedge their positions, but my mentor had this logic and the method.

Hedge is for bounce and ranage traders. But since market sometimes takes strides, it clears a range and moves to another range at a different level. A hedge position becomes normal position for the new range. For example if one is long and the pa breaks a major support, a short position acitivated below that support will now become the main position. On touching bottom of the this new range, this position is closed and another long position is opened. If pa moves to the top of this new range both long positions are closed and a short opened............ this goes on and on and on.
The Thief of Wall Street
  • #507,469
  • Aug 2, 2011 10:30pm Aug 2, 2011 10:30pm
Quoting Chicky
I don't know how and why people hedge their positions, but my mentor had this logic and the method.

Hedge is for bounce .
just to make me happy (actual its closed)
psychological advantage - extra spread lost
Mohan
  • #507,470
  • Aug 2, 2011 10:33pm Aug 2, 2011 10:33pm
No TL for bear action. This is just Bullshit
I fear this bear because it return with massive blow and then surrender so easily!
You cannot learn better without losing
  • #507,471
  • Aug 2, 2011 10:37pm Aug 2, 2011 10:37pm
Quoting mohan76
just to make me happy (actual its closed)
Yes and no.

Yes because it is actually a close

No because 1) a hedge may be bigger or lesser than the original position 2) Trader can keep track of the trades.

This is a bloody whole world......... technically speaking a contra-position in currencies does not even qualify as Hedge which is risk averse and executed to safeguard against fluctuations.
The Thief of Wall Street
  • #507,472
  • Aug 2, 2011 10:38pm Aug 2, 2011 10:38pm
cant say I'm happy to the see the same prices as five hrs ago, dont have a clue...
Look Sharp/Trade Tight
  • #507,473
  • Aug 2, 2011 10:38pm Aug 2, 2011 10:38pm
Quoting Geppy

Happy trading.

In case you continue to post oversized I will put you on IGGY ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #507,474
  • Aug 2, 2011 10:41pm Aug 2, 2011 10:41pm
Quoting IMARICH1
gator...i closed my short from 4220 to 4165 due to 4162 being a big number today that turned it.....

do you see another bounce up or an area to short? where was your short close to on the bigger SELL? and are you targeting 160 pips or 4102 area first....I thought today we would get to 4050 or 1.4000

Thanks
i was pucking around cause of the L spike. still in the other ones. i didnt enter yet. im close to a green-light to short atm.. but probably will not take it. if i get a green light at 4214 47 i probably will.. just not yet. cloggy is the b/o trader. i cant, with tight stops.
those who can, do. those who cant, talk about those who can
  • #507,475
  • Aug 2, 2011 10:42pm Aug 2, 2011 10:42pm
Quoting mercy seat
In case you continue to post oversized I will put you on IGGY ...



;-|
And be aware ... I did'nt even read your mental dissociations ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #507,476
  • Aug 2, 2011 10:43pm Aug 2, 2011 10:43pm
Bear getting weaker.
Not enough power in it unless some fresh big sellers join the party.

Current condition makes me crazy cause there was no trade this week.
You cannot learn better without losing
  • #507,477
  • Aug 2, 2011 10:45pm Aug 2, 2011 10:45pm
Quoting Jaro
http://www.kurier.lt/kurier/galerija/tank250.jpg
http://www.kurier.lt/?r=200000&v=153

Watch your parking!

Are you derived from the Eastern bloc ?




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #507,478
  • Aug 2, 2011 10:48pm Aug 2, 2011 10:48pm
watching 4209/11 on the close..
Look Sharp/Trade Tight
  • #507,479
  • Aug 2, 2011 10:52pm Aug 2, 2011 10:52pm
Getting ready to short 4210 hope i didn't missed it !
  • #507,480
  • Aug 2, 2011 10:52pm Aug 2, 2011 10:52pm
the chart shows what I see....
Attached Image (click to enlarge)
Click to Enlarge Name: ff1.GIF Size: 55 KB
354 traders viewing now, 1 is registered:
JaniceKelly