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EURUSD

  • #549,361
  • Oct 12, 2011 1:47am Oct 12, 2011 1:47am
Quoting sdcasper
as you wish
The most important thing is that you have to decide how long do u want to hold your trades.

For example i close my trades 20-30 pips in profit, even though they might have further potential to go in my direction

If they do go oppsite.. like my current short at 1.3645 i watch the PA and see if this is a SPIKE or its a solid move up.. and if its still close to my BUY IN, i will wait a little.. not long and hope it comes close to BE and exit.

I watch all my trades..
Very rarely do i trade the big ones overnight...k i have ofcourse done that in gold and all.. made some crazy amounts.. but thats only if fundamentals strongly support the move....
  • #549,362
  • Oct 12, 2011 1:48am Oct 12, 2011 1:48am
Quoting sdcasper
i agree with you all. the bigger picture seems to yield far greater direction. time is my issue and trading pst doesnt help
When I first started forex trading (5 years ago), I was on EST, just moved to PST 3 months ago, and it's brutal. Hang in there and good luck.
  • #549,363
  • Edited 5:10am Oct 12, 2011 1:48am | Edited 5:10am
I am expect this bullish might be continues again..If the blue lines break am gonna long,Lets see
If there was easy money lying around,no one would be forcing it into your
  • #549,364
  • Edited 2:09am Oct 12, 2011 1:49am | Edited 2:09am
Not correct before this leg up start towards 3599 but now will expect from around 3674/8 towards 3615 before real test top & bull if , for decision .

Anyway not happy with this kind of bull attempt , not paid the dues at lows in correction , trying up crazily , small though & perhaps with less support /momentum . so will to wait again what it does at 3600 /14 again or continue attempt bull by force & fail heavy.
no mans land & no trade now but will scalp with next legs up & down with extreme care till decision .

fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd24.gif Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #549,365
  • Oct 12, 2011 1:52am Oct 12, 2011 1:52am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
I will be very surpised if it does not take out 3700 and get to 3713 / 20 region...Euro seems to be on steroids again....
The forex market has its own life and takes its own time.
  • #549,366
  • Oct 12, 2011 1:52am Oct 12, 2011 1:52am
Quoting FXMindset
I am expect this bullish might be continues again..If the blue lines break am gonna long,Lets see
Long since 13610. Bullish for 6-7 days now. Expect to continue for another 4-5 days.
  • #549,367
  • Oct 12, 2011 1:53am Oct 12, 2011 1:53am
Quoting Vilgax
I will be very surpised if it does not take out 3700 and get to 3713 / 20 region...Euro seems to be on steroids again....
1.4080 minimum, but don't know what lies from here to up there.
The Thief of Wall Street
  • #549,368
  • Oct 12, 2011 1:53am Oct 12, 2011 1:53am
Quoting AngelPips
Long E/U 1.3630
TP : 1.3660
+30 pips
1M & 5M scalper. 1Malaysia..
  • #549,369
  • Oct 12, 2011 1:58am Oct 12, 2011 1:58am
if 367 gets taken out convincingly, imma take out my shorts.
  • #549,370
  • Edited 5:10am Oct 12, 2011 1:59am | Edited 5:10am
Quoting Clouds
Long since 13610. Bullish for 6-7 days now. Expect to continue for another 4-5 days.
Based on my daily chart We might see 1385 if 137 clear today...Usually This Kind of Pattern Indicates Bullish Continues further..I might be wrong but lets see together yo and glad that you are long since 13610..Nice
If there was easy money lying around,no one would be forcing it into your
  • #549,371
  • Oct 12, 2011 1:59am Oct 12, 2011 1:59am
Quoting duyk20
what if the loss go further and further and further... away
Every movement must have retracement, so as a trader must be familiar or almost familiar with that retracement... =)..
1M & 5M scalper. 1Malaysia..
  • #549,372
  • Oct 12, 2011 2:09am Oct 12, 2011 2:09am
;]
looking for investors . pm me
  • #549,373
  • Oct 12, 2011 2:16am Oct 12, 2011 2:16am
i lost my way in trading ... no desire to playing again ......
  • #549,374
  • Oct 12, 2011 2:19am Oct 12, 2011 2:19am
Quoting AngelPips
Every movement must have retracement, so as a trader must be familiar or almost familiar with that retracement... =)..
Wish it be the only truth in forex or everywhere . except the complexieties & uncertainities of retracements everything would be so easy & smooth . The most of loss in retracements alone I think , people go take all complex legs to get rich in days . if we forget the complexes , just take it as some % like fib% & play straight, trading should be easy again.


well said.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #549,375
  • Oct 12, 2011 2:21am Oct 12, 2011 2:21am
Quoting al5al majd
i lost my way in trading ... no desire to playing again ......
There is no lost or mistakes In Trading,There is Only Learning..Try to Understand "Why" and "How"
If there was easy money lying around,no one would be forcing it into your
  • #549,376
  • Oct 12, 2011 2:26am Oct 12, 2011 2:26am
keep your spirit...

replace word of playing by trading

yes no desire to play but still and there is always desire to trade ....

Up up .... wake up .....
Quoting al5al majd
i lost my way in trading ... no desire to playing again ......
not euphoria follower
  • #549,377
  • Oct 12, 2011 2:27am Oct 12, 2011 2:27am
yoyo again ? 1,3590 ...
COT: The precious data ignored
  • #549,378
  • Oct 12, 2011 2:28am Oct 12, 2011 2:28am
Change of trend. Sold. Too many stocks in red.
  • #549,379
  • Oct 12, 2011 2:33am Oct 12, 2011 2:33am
Quoting kuroro001
yoyo again ? 1,3590 ...
hope so
  • #549,380
  • Oct 12, 2011 2:43am Oct 12, 2011 2:43am
Quoting Clouds
Change of trend. Sold. Too many stocks in red.
Nevermind waste of pips.
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