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  • #535,721
  • Sep 8, 2011 2:28am Sep 8, 2011 2:28am
Quoting bman204
I honestly see 1.4155 before ecb. then most likely down. for each his own though, that's just what MY charts say.
Maybe after ECB mate or just few minutes before it as a spike... but I dont see it that high much long before ECB.. but if you wanna take that reward you can always set your TP there and if their is a spike and your broker is decent than he should TP it our few pips near it..
  • #535,722
  • Sep 8, 2011 2:30am Sep 8, 2011 2:30am
Quoting Skyhawks
another frankie fake out?
Yup.. CHF is at a mantained level, don't try trading it unless you like extremely consolidated areas, and 10 pip scalping.
Have I got something on my face, SOLDIER?
  • #535,723
  • Sep 8, 2011 2:35am Sep 8, 2011 2:35am
Current Daily shows US possible strength.
Attached Image (click to enlarge)
Click to Enlarge Name: usflx daily 9.7.gif Size: 25 KB
  • #535,724
  • Sep 8, 2011 2:46am Sep 8, 2011 2:46am
Quoting bumapatria
Yup.. CHF is at a mantained level, don't try trading it unless you like extremely consolidated areas, and 10 pip scalping.
...But, it didn't quite come out clearly., CHF has NOT been pegged to the euro, contrary to initial reports. However, it IS as you say "at a maintained level". The SNB is actively taking steps to stabilize its price to avoid shocks to their economy. Hope that helps....
"The only way to win the game is not to play." - B. S. Miller
  • #535,725
  • Sep 8, 2011 2:46am Sep 8, 2011 2:46am
Morning all

Made a right stupid mistake yesterday late afternoon, selling EUR....

Made 10 successful trades during the day, only have a tiny live account, my broker gives suggested margins and i didnt notice that the suggested margin had gone up after my good trades, so clicked sell to scalp only to see that i had used my whole account.

Was up to 70% loss by bed time, woke up and now down to about 30%

Wondering if to cut my loses, and lose the money from the good trades and start again today.

What do you think, will we see it up over 1,4150+ anytime soon, or should i stick and hope for 1,4037 break even, or below for profit?


Dan
  • #535,726
  • Sep 8, 2011 2:47am Sep 8, 2011 2:47am
Quoting ndsouz
Hey guys, eurusd sucks in front of gold. I'm kicking ass in gold, everyday score is topping 200 pips hehehe
100 pips done! another 100 more to go to call it a day
To Your Success!!
  • #535,727
  • Sep 8, 2011 2:52am Sep 8, 2011 2:52am
Quoting ndsouz
100 pips done! another 100 more to go to call it a day
which broker are you trading gold with? oanda doesnt let me because of dodd-frank
  • #535,728
  • Sep 8, 2011 2:57am Sep 8, 2011 2:57am
Quoting bman204
which broker are you trading gold with? oanda doesnt let me because of dodd-frank
all other brokers (register throw on us branch) will allow you to do leverage as you non us resident, forget oanda
Mohan
  • #535,729
  • Sep 8, 2011 3:05am Sep 8, 2011 3:05am
Quoting mohan76
all other brokers will allow you to do leverage as you non us resident, forget oanda
Im canadian. Oanda is the only broker I trust besides Dukascopy.
  • #535,730
  • Sep 8, 2011 3:07am Sep 8, 2011 3:07am
Quoting dantheman
Morning all

Made a right stupid mistake yesterday late afternoon, selling EUR....

Made 10 successful trades during the day, only have a tiny live account, my broker gives suggested margins and i didnt notice that the suggested margin had gone up after my good trades, so clicked sell to scalp only to see that i had used my whole account.

Was up to 70% loss by bed time, woke up and now down to about 30%

Wondering if to cut my loses, and lose the money from the good trades and start again today.

What do you think, will we see it up over 1,4150+...

Hi Dan,

From my trading experience so far, don't try to cover up losses. I'm speaking on self experience and at a time i also lost 70% of my account. live. What i just said sounds like crap but put it this way. You are so indulged on your losses that your focus is disturbed, and your mind is set to make CASH. In forex you are trying to make pips. My advice to you is set that SL to breakeven, either TP now, or set a level at S/R.

Good luck Dan,
Have I got something on my face, SOLDIER?
  • #535,731
  • Sep 8, 2011 3:08am Sep 8, 2011 3:08am
Quoting realjumper
Hmmm......I have 2 pigs in my back yard......they will be in my freezer in about 6 weeks, and their table manners are horrific......nothing like the pet guinea pig I had when i was a boy. The pigs squealing is kinda like I guinea pigs I s'pose.....just 100 times louder.

They eat guinea pigs in South America....Peru at least.....perhaps I'll have to eat one and see how they taste compared to pork......my neighbors daughter has 3 guinea pigs.....she only needs 2 I think......
Crap opening range across markets.....

In any case, It doesn't taste as bad as it looks (but still) and not at all as pork. Maybe an old chicken or a poorly cook rabbit .... I ate when I was traveling in Ecuador and I wouldn't have cravings for it any time soon....

sisse
Attached Image (click to enlarge)
Click to Enlarge Name: Guinea Pig.jpg Size: 68 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #535,732
  • Sep 8, 2011 3:11am Sep 8, 2011 3:11am
Quoting bumapatria
Hi Dan,

From my trading experience so far, don't try to cover up losses. I'm speaking on self experience and at a time i also lost 70% of my account. live. What i just said sounds like crap but put it this way. You are so indulged on your losses that your focus is disturbed, and your mind is set to make CASH. In forex you are trying to make pips. My advice to you is set that SL to breakeven, either TP now, or set a level at S/R.

Good luck Dan,

Thanks for the advice.

Yes, i'm going to get out and watch, see what happens at 1 and 2pm candles.

Thanks again.

Dan
  • #535,733
  • Sep 8, 2011 3:12am Sep 8, 2011 3:12am
Quoting sisse
Crap opening range across markets.....

In any case, It doesn't taste as bad as it looks (but still) and not at all as pork. Maybe an old chicken or a poorly cook rabbit .... I ate when I was traveling in Ecuador and I wouldn't have cravings for it any time soon....

sisse
Thanks for that sisse......I just happen to have a rabbit in my freezer.....and I have the pigs in the paddock behind my house......and the little girl next door has 3 guinea pigs.......we have the makings here of a grand cook up and tasting.....wanna come over?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #535,734
  • Sep 8, 2011 3:13am Sep 8, 2011 3:13am
Quoting bman204
Im canadian. Oanda is the only broker I trust besides Dukascopy.
then bad luck , Oanda have usa rule for every one. i personally don't trust any Us broker (but i have few accounts them), i have my main account in Australia (ASIC regulated) and money in client trust account, may be you can find Canadian brokers
Mohan
  • #535,735
  • Sep 8, 2011 3:16am Sep 8, 2011 3:16am
Quoting realjumper
Thanks for that sisse......I just happen to have a rabbit in my freezer.....and I have the pigs in the paddock behind my house......and the little girl next door has 3 guinea pigs.......we have the makings here of a grand cook up and tasting.....wanna come over?
Why not is "winter" weather already here and as long as I get the pork and not the guinea pigs ...lol....

GL today mate.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #535,736
  • Sep 8, 2011 3:21am Sep 8, 2011 3:21am
Quoting bman204
which broker are you trading gold with? oanda doesnt let me because of dodd-frank
roboforex and finfx ... on ECN accounts.
To Your Success!!
  • #535,737
  • Sep 8, 2011 3:21am Sep 8, 2011 3:21am
Quoting sisse
Why not is "winter" weather already here and as long as I get the pork and not the guinea pigs ...lol....

GL today mate.

sisse
Ok.....I'll set it up

GL2U2
Doing what you like is Freedom. Liking what you do is Happiness.
  • #535,738
  • Sep 8, 2011 3:22am Sep 8, 2011 3:22am
Ok closed it out for -40, wiped out most of my +pips for yesterday.

But guess you win some you lose some.

composure and attentiveness are the name of the game here i think.

I was well looking forward to have 2 lots to play around with tho, funny how in demo one's great, and with real money you lose your bottle fast......

Onward and upward

Dan
  • #535,739
  • Sep 8, 2011 3:22am Sep 8, 2011 3:22am
Quoting dantheman
Morning all

Made a right stupid mistake yesterday late afternoon, selling EUR....

Made 10 successful trades during the day, only have a tiny live account, my broker gives suggested margins and i didnt notice that the suggested margin had gone up after my good trades, so clicked sell to scalp only to see that i had used my whole account.

Was up to 70% loss by bed time, woke up and now down to about 30%

Wondering if to cut my loses, and lose the money from the good trades and start again today.

What do you think, will we see it up...
Did you use a SL? If not, it's just better to take your losses and see whatever remains in your account as 100% then start over again. One tip, don't always look at the balance on your account literally, always think of it in percentage. All the best.
Don't just beat the markets, leave bruises.
  • #535,740
  • Sep 8, 2011 3:24am Sep 8, 2011 3:24am
Quoting mohan76
then bad luck i personally don't trust any Us broker (but i have few accounts them), i have my main account in Australia (ASIC regulated) and money in client trust account, may be you can find Canadian brokers
After whoring around from one broker to the other, I had to go back to my first love. GFT-US. Ever tried them???
Don't just beat the markets, leave bruises.
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