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  • #534,401
  • Sep 5, 2011 2:15am Sep 5, 2011 2:15am
Quoting hamad9
yes me too looking to go long but i don't wanted to enter to early, u know what i mean ? will go long around 1.407x 1.408.
Why would you long a trend like this with major option levels all around .4000

Why try to catch a falling knife?
  • #534,402
  • Sep 5, 2011 2:16am Sep 5, 2011 2:16am
Quoting JasmineQu
I see no support at all on my chart, just wondering where the patpanda is, who was shouting 4150 all the time.

NOT patpanda BUT fatpanda...I too am looking for him
  • #534,403
  • Sep 5, 2011 2:16am Sep 5, 2011 2:16am
Quoting JasmineQu
I see no support at all on my chart, just wondering where the patpanda is, who was shouting 4150 all the time.
I see good support at 4050 but not much below that.
TRADE FOR SWAP
  • #534,404
  • Sep 5, 2011 2:16am Sep 5, 2011 2:16am
Quoting scalaada
Fontu, based on the last week's bearish candle that engulfed the two weeks prior, we can see a trend reversal. I am looking at 4025 to 4000 for the next target before we see some pull backs.
ok , thanks , yes it can even down the very low here & still doing scalping step by step only till a confirmation up , not correction .most likely over 4053 .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #534,405
  • Sep 5, 2011 2:18am Sep 5, 2011 2:18am
Quoting KiwiTrada
I keen to see reaction 4125 or 4070 is waiting game geppy is getting into tight squeeze is interest if she break support, at door now, still is gap to fill but break 124 , yoda will be pull hair out if had any left

I is try very rare buy scalp rr is to good to pass
I get fill 124.04 is baby scalp, maybe 40 45 pips will be nice, expect will be quick or stopped
If you are new to Forex? Say Goodbye to your account!!
  • #534,406
  • Sep 5, 2011 2:19am Sep 5, 2011 2:19am
Quoting Sonofsin5
Why would you long a trend like this with major option levels all around .4000

Why try to catch a falling knife?
TRUE! Agree with you

on daily chart i dont see any good support until 1.40 or 1.395.
Attached Image (click to enlarge)
Click to Enlarge Name: Eur Usd.PNG Size: 94 KB
  • #534,407
  • Sep 5, 2011 2:23am Sep 5, 2011 2:23am
Quoting hamad9
Morning Guys,

last week was very bad for me lost 50% of my capital as i was long on euro, next time i will never ever listen to those stupid ass investors who were suggesting people to go long on euro. anyhow at least learned something technical analysis are always best then FA.

Anyhow lets talk about trading ... shorting euro at 1.413 will be suicide as its been over a week of downtrend so i will be waiting for euro to develop bullish trend so i can ride on it.. looking to go long around 1.405x

any suggestions ?
Yep, you shouldnt go long of the euro at this time. People are freaking out a lot cuz there are a lot of financial advisors telling bs to people and the major financial heads like JCT and BB are just saying bs to all investors. Always check the whole picture. If you see the eurusd daily chart is like all volatility.
  • #534,408
  • Sep 5, 2011 2:24am Sep 5, 2011 2:24am
Quoting rattyo
not far off a 100+ since fridays short that I took at 14216.
The markets look pretty awful as a whole real jitters out there.
FTSE opening in a bit see how that goes.
Great trade and also nice new photo.
  • #534,409
  • Sep 5, 2011 2:25am Sep 5, 2011 2:25am
Quoting 2+2=4ex
hamad, sorry to hear of your last week. As some others have suggested, you might want to lower your position size. I know this pair moved alot last week (over 300 pips), but that should never account for 50% of your account value. Unless you have most of your money outside of your account and add when your margin gets low.

Anyway, best thing to do if your new to forex is trade small sizes and trade off the big charts (Daily & Weekly). Never trade against the trend unless you have a strong fundamental reason. There's alot more to it than that,...
Good advice , just enforcement again > low or lowest to practice strategy oneway towards the trend higher tf with enough sl to allow play within, should safest way play & no regret with money bet anytime if loss.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #534,410
  • Sep 5, 2011 2:30am Sep 5, 2011 2:30am
Quoting 2+2=4ex
hamad, sorry to hear of your last week. As some others have suggested, you might want to lower your position size. I know this pair moved alot last week (over 300 pips), but that should never account for 50% of your account value. Unless you have most of your money outside of your account and add when your margin gets low.

Anyway, best thing to do if your new to forex is trade small sizes and trade off the big charts (Daily & Weekly). Never trade against the trend unless you have a strong fundamental reason. There's alot more to it than that, but that's a good start. Good luck.
man, i made over 1500 pips only in last two weeks and only with technical analysis no FA. this is the first time when i ignored TA and went strong fundamentally and had a huge loss since i am trading.

Thanks for your advice.
  • #534,411
  • Sep 5, 2011 2:32am Sep 5, 2011 2:32am
something interesting i am seeing on eur daily thought i would share
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-05_033150.jpg Size: 93 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #534,412
  • Sep 5, 2011 2:33am Sep 5, 2011 2:33am
Quoting KiwiTrada
I get fill 124.04 is baby scalp, maybe 40 45 pips will be nice, expect will be quick or stopped
woohoo i stopped she is broke 140 I hear yoda screaming from hear
If you are new to Forex? Say Goodbye to your account!!
  • #534,413
  • Edited 3:07am Sep 5, 2011 2:40am | Edited 3:07am
Quoting 2+2=4ex
Hello fontu. Good point. Stop loss is important, but with enough wiggle room to not get stopped too early.
yeah , tight , inappropriate one always sucks as nothing is perfect to go always & even perfect may suck before it go.
fontu

This time will expect 4173 or nearer or above .care 4156/61
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #534,414
  • Sep 5, 2011 2:48am Sep 5, 2011 2:48am
very weak markets today. just trickling down. best look for shorts on any pullbacks..
Gold is off again breaking out. How long can it carry on for !!!
rat
  • #534,415
  • Sep 5, 2011 2:50am Sep 5, 2011 2:50am
Quoting hamad9
man, i made over 1500 pips only in last two weeks and only with technical analysis no FA. this is the first time when i ignored TA and went strong fundamentally and had a huge loss since i am trading.

Thanks for your advice.
remember there is now DOW open today the americans are on holidays so the markets wont be so liquid best not to commit to much risk on trades .
rat
  • #534,416
  • Sep 5, 2011 2:50am Sep 5, 2011 2:50am
Quoting AmazingPips
Those long term Eur Usd traders are shorting Eur Usd from 1.45 to 1.16 area.....YUP...a drop of 3000 pips. hehe hv fun


But they could also get their stops taken out.
Don't just beat the markets, leave bruises.
  • #534,417
  • Sep 5, 2011 2:54am Sep 5, 2011 2:54am
Quoting rattyo
remember there is now DOW open today the americans are on holidays so the markets wont be so liquid best not to commit to much risk on trades .
Thanks for the info Rattyo.
  • #534,418
  • Sep 5, 2011 2:58am Sep 5, 2011 2:58am
Quoting hamad9
Thanks for the info Rattyo.
strange movements can occur with the price etc. so problem
rat
  • #534,419
  • Sep 5, 2011 3:01am Sep 5, 2011 3:01am
geppy is make nice pin 30 min see how close everything else is rejecting support geppy is lead way, maybe this bounce close bloody gaps, and I back in business
If you are new to Forex? Say Goodbye to your account!!
  • #534,420
  • Sep 5, 2011 3:10am Sep 5, 2011 3:10am
trend line still holding..decision making time break or make..weekly usdx bull
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdhourly.gif Size: 34 KB
Click to Enlarge Name: usdx.JPG Size: 69 KB
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