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EURUSD

  • #540,481
  • Sep 20, 2011 5:26am Sep 20, 2011 5:26am
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  • #540,482
  • Sep 20, 2011 5:26am Sep 20, 2011 5:26am
I am short from 3686, and i hope we will go down !!!! Looks ok for now, but it is forex.
  • #540,483
  • Sep 20, 2011 5:26am Sep 20, 2011 5:26am
Quoting mdrive
you dont see any demand? i am long from 3598 and just booked profit 98 pips, today in any dro buy again and leave for another 80 pips til us session, learn the price action, by the time you done with your sketch to check whether it will fill the market to look for demand zone, market will make its way and you will be too late to enter the market. good luck
i see that 3616 and 3606 as good demands. i was talking about longing at that moment previously mate. It was just some scalping mindset lol. Will it drop that far, possible.
Have I got something on my face, SOLDIER?
  • #540,484
  • Sep 20, 2011 5:28am Sep 20, 2011 5:28am
Quoting SlyQsx
Attachment
art form

mla
"The Heart is the hub of all dances; go there and chill out"
  • #540,485
  • Sep 20, 2011 5:29am Sep 20, 2011 5:29am
Quoting Zinc
I am short from 3686, and i hope we will go down !!!! Looks ok for now, but it is forex.
When trading and investing - you should never hope. Be prepared for everything. Use stop losses as your get-outta-jail cards
  • #540,486
  • Sep 20, 2011 5:30am Sep 20, 2011 5:30am
Quoting SlyQsx
Attachment
  • #540,487
  • Sep 20, 2011 5:31am Sep 20, 2011 5:31am
Where the bulls meet the bears.
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Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #540,488
  • Sep 20, 2011 5:31am Sep 20, 2011 5:31am
Hi,

One of my faults is I am closing a trade, when I am on a winning position.
I have read enough about risk reward ratio, money management.

In this days it seems I feel correctly when to enter, and in what direction.
But when I log back and I see I have some pips in plus, than I close, before the price hit my target. Sometimes it is good, when I see the price doesn't ave enough movement force. But usually not, in long term not for sure.

How to improve this fear control?

http://img706.imageshack.us/img706/7...10920at101.png

Uploaded with ImageShack.us
I want to buy PATIENCE
  • #540,489
  • Sep 20, 2011 5:31am Sep 20, 2011 5:31am
Quoting johnnyrei
When traiding and investing - you should never hope. Be prepared for everything. Use stop losses as your get-outta-jail cards
yeah, this is some good advice here. Listen to him, put your sl at be, or at some level of profit, and u will be safe.

the 'getouttajail cards' johnny mentioned reminded me of going to jail in monopoly.
Have I got something on my face, SOLDIER?
  • #540,490
  • Sep 20, 2011 5:32am Sep 20, 2011 5:32am
Quoting key4success
It will go down...to 1.3555 & 1.3495 is in sight...Have patience
that seems to be the target that trading central have....
  • #540,491
  • Sep 20, 2011 5:33am Sep 20, 2011 5:33am
Quoting bumapatria
yeah, this is some good advice here. Listen to him, put your sl at be, or at some level of profit, and u will be safe.

the 'getouttajail cards' johnny mentioned reminded me of going to jail in monopoly.
Attached Image
  • #540,492
  • Sep 20, 2011 5:34am Sep 20, 2011 5:34am
Quoting matheszabi
Hi,

One of my faults is I am closing a trade, when I am on a winning position.
I have read enough about risk reward ratio, money management.

In this days it seems I feel correctly when to enter, and in what direction.
But when I log back and I see I have some pips in plus, than I close, before the price hit my target. Sometimes it is good, when I see the price doesn't ave enough movement force. But usually not, in long term not for sure.

How to improve this fear control?

http://img706.imageshack.us/img706/7...10920at101.png

Uploaded...
when you are in positive territory then have your tp set and scale out of your position and move sl to be instead of closing the whole trade. that will take out the emotions.
REQUESTING NO VOUCHES.Vouches are useless.
  • #540,493
  • Sep 20, 2011 5:34am Sep 20, 2011 5:34am
Quoting johnnyrei
When traiding and investing - you should never hope. Be prepared for everything. Use stop losses as your get-outta-jail cards
I know, it just pisses me of when hits my stoploss and than immediately turns !!! But i am aware that the SL is the right decision =)
  • #540,494
  • Sep 20, 2011 5:35am Sep 20, 2011 5:35am
Quoting hindustani
i hold it with one hand, then up then down then up then down till the milk comes out .......
Attached Image
  • #540,495
  • Sep 20, 2011 5:35am Sep 20, 2011 5:35am
Quoting Zinc
I am short from 3686, and i hope we will go down !!!! Looks ok for now, but it is forex.
where is your stop loss?
  • #540,496
  • Sep 20, 2011 5:36am Sep 20, 2011 5:36am
Quoting matheszabi
Hi,

One of my faults is I am closing a trade, when I am on a winning position.
I have read enough about risk reward ratio, money management.

In this days it seems I feel correctly when to enter, and in what direction.
But when I log back and I see I have some pips in plus, than I close, before the price hit my target. Sometimes it is good, when I see the price doesn't ave enough movement force. But usually not, in long term not for sure.

How to improve this fear control?

http://img706.imageshack.us/img706/7...10920at101.png

Uploaded...
Yes, fear is an emotion that can really minimize your profits. What i tend to do, is just leave the tp and sl level the way they were. After all, you shouldnt question this during a trade, you should do this before a trade. If you think price action has ability to bring price where you expect it to be, than you have no fear. Basically what just happened is you fear your own judgement. Thats not a good sign. Just try to measure possible market movements before a trade.

You'll feel so much better, knowing your setups are good.
Have I got something on my face, SOLDIER?
  • #540,497
  • Sep 20, 2011 5:37am Sep 20, 2011 5:37am
Quoting mohan76
japan have printing machine and japan more than happy to use it , don't forget japan want weaker yen, its a win : win situation
What you mean? Japan is a lethargic state and is close to perpetual sluggishness than to be part of the Asian economic engine. Printing money is a valid and sometimes useful economic policy but it never ever works if you abuse it and overextend its use and cause the opposite effect. Its economics 101....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #540,498
  • Sep 20, 2011 5:38am Sep 20, 2011 5:38am
Quoting Zinc
I know, it just pisses me of when hits my stoploss and than immediately turns !!! But i am aware that the SL is the right decision =)
1.3705 would be my sl if i were u..
  • #540,499
  • Sep 20, 2011 5:38am Sep 20, 2011 5:38am
Quoting jabbawest
Most pairs taking a breather after that PA ride.
You misunderstood the point completely
  • #540,500
  • Sep 20, 2011 5:40am Sep 20, 2011 5:40am
Quoting chess king
where is your stop loss?
3720
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