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EURUSD

  • #549,341
  • Oct 12, 2011 1:04am Oct 12, 2011 1:04am
Quoting sdcasper
here is the problem as i see it. if i trade the eur/usd 25 times in three days and i'm at a loss 22 times out of 25 trades. how is it possible that i see sell when buy and buy when sell. how do i turn off the opposite gene in my head?

Put your mouse in your opposite hand,and look at your screen through a mirror
  • #549,342
  • Oct 12, 2011 1:06am Oct 12, 2011 1:06am
Quoting CorBlimeyGuv
Put your mouse in your opposite hand,and look at your screen through a mirror
For the WIN !
  • #549,343
  • Oct 12, 2011 1:07am Oct 12, 2011 1:07am
Quoting CorBlimeyGuv
Got a free short running from 3678 Dont know whats going to happen today but im sure it will go up a bit then down a bit
Lucky.. i have a pending short at 1.3645... dont know if we gonna again nudge that area...
I am pretty certain this lady is going down
  • #549,344
  • Oct 12, 2011 1:08am Oct 12, 2011 1:08am
i told my wife to trade opposite me and risk 10x as much but she'd rather spend her time defriending people in facebook
  • #549,345
  • Oct 12, 2011 1:09am Oct 12, 2011 1:09am
Morning , so bull virtually ready for action without much correction , 3698/3700 handle to reach to break or go correction . may go 3599 before up 3700 or nearer , 3683/97 ,ok.
lets see .
fontu
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #549,346
  • Oct 12, 2011 1:12am Oct 12, 2011 1:12am
Quoting sdcasper
here is the problem as i see it. if i trade the eur/usd 25 times in three days and i'm at a loss 22 times out of 25 trades. how is it possible that i see sell when buy and buy when sell. how do i turn off the opposite gene in my head?
You need a Holigrail Platform. Here is the FF link.

http://www.forexfactory.com/showthread.php?t=203879
The Thief of Wall Street
  • #549,347
  • Oct 12, 2011 1:12am Oct 12, 2011 1:12am
Quoting sdcasper
i told my wife to trade opposite me and risk 10x as much but she'd rather spend her time defriending people in facebook

  • #549,348
  • Oct 12, 2011 1:17am Oct 12, 2011 1:17am
Up
  • #549,349
  • Oct 12, 2011 1:18am Oct 12, 2011 1:18am
Loaded a couple of shorts at 1.3645

First one to be unloaded at 20 pips
second at 40 pips
  • #549,350
  • Oct 12, 2011 1:18am Oct 12, 2011 1:18am
Quoting sdcasper
here is the problem as i see it. if i trade the eur/usd 25 times in three days and i'm at a loss 22 times out of 25 trades. how is it possible that i see sell when buy and buy when sell. how do i turn off the opposite gene in my head?
You have clearly identified the problem yourself, your bad trade ratio is horrendous, good mm could keep you alive, but you need to stop, go back and reassess your trade plan/ system, analyse why each trade went wrong, was it bad entry, bad exit, too tight sl, too loose sl, levels wrong,
Do this establish your new trade plan, trade micro lots, build up better trade history, must be able to adapt to pa, news, maybe for now find an fx open you like, many like London, whatever, and just trade maybe just trade 1hr before open 2 hr after, then spend rest of time research levels, news etc etc
This is not easy business, not get rich fast, Im happy you realise something not right, is most important lesson to succeed forex trader
If you are new to Forex? Say Goodbye to your account!!
  • #549,351
  • Oct 12, 2011 1:23am Oct 12, 2011 1:23am
Long E/U 1.3630
TP : 1.3660
1M & 5M scalper. 1Malaysia..
  • #549,352
  • Oct 12, 2011 1:24am Oct 12, 2011 1:24am
Quoting sdcasper
here is the problem as i see it. if i trade the eur/usd 25 times in three days and i'm at a loss 22 times out of 25 trades. how is it possible that i see sell when buy and buy when sell. how do i turn off the opposite gene in my head?
Here is the problem. You should have traded one time, and bought. No use trying to catch every little move, and instead look at bigger picture.
  • #549,353
  • Oct 12, 2011 1:25am Oct 12, 2011 1:25am
Quoting KiwiTrada
You have clearly identified the problem yourself, your bad trade ratio is horrendous, good mm could keep you alive, but you need to stop, go back and reassess your trade plan/ system, analyse why each trade went wrong, was it bad entry, bad exit, too tight sl, too loose sl, levels wrong,
Do this establish your new trade plan, trade micro lots, build up better trade history, must be able to adapt to pa, news, maybe for now find an fx open you like, many like London, whatever, and just trade maybe just trade 1hr before open 2 hr after, then spend...
  • #549,354
  • Oct 12, 2011 1:26am Oct 12, 2011 1:26am
Quoting sdcasper
i have been on the opposite side of every trade today. unreal. let me post my trades you guys will make a fortune. i take 5%.
Please post You has potential to become the greatest indicator ever.
  • #549,355
  • Oct 12, 2011 1:28am Oct 12, 2011 1:28am
i agree with you all. the bigger picture seems to yield far greater direction. time is my issue and trading pst doesnt help
  • #549,356
  • Oct 12, 2011 1:28am Oct 12, 2011 1:28am
Quoting sdcasper
here is the problem as i see it. if i trade the eur/usd 25 times in three days and i'm at a loss 22 times out of 25 trades. how is it possible that i see sell when buy and buy when sell. how do i turn off the opposite gene in my head?
Better you sell and buy at the same time, which ever profit 1st do close that position. Close the other position when the loss appear smaller than the profit your closed before... ----> Hedging!! hehe
1M & 5M scalper. 1Malaysia..
  • #549,357
  • Oct 12, 2011 1:31am Oct 12, 2011 1:31am
Quoting AngelPips
Better you sell and buy at the same time, which ever profit 1st do close that position. Close the other position when the loss appear smaller than the profit your closed before... ----> Hedging!! hehe
what if the loss go further and further and further... away
  • #549,358
  • Oct 12, 2011 1:34am Oct 12, 2011 1:34am
Quoting duyk20
Please post You has potential to become the greatest indicator ever.
as you wish
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  • #549,359
  • Oct 12, 2011 1:41am Oct 12, 2011 1:41am
Quoting sdcasper
as you wish
How about you don't play with limit orders no more, remove indicators from chart and just wait for price to approach support or resistance, waiting for engulfing and reaction there to make trade decision

Win/Loss could make at least 50:50
  • #549,360
  • Oct 12, 2011 1:43am Oct 12, 2011 1:43am
Frankie dont ya love her, sell plan still valid, bring on the Brits
If you are new to Forex? Say Goodbye to your account!!
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