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EURUSD

  • #555,001
  • Oct 27, 2011 2:28am Oct 27, 2011 2:28am
short eur 1.3995

hope it will be fine.

gd luck
  • #555,002
  • Oct 27, 2011 2:30am Oct 27, 2011 2:30am
Quoting Incrediblle
you mean u had a BUY and not a SHORT

I am not very good at using words take 'short' or 'long' sorry. ya right, buy. now close my sell position.
  • #555,003
  • Oct 27, 2011 2:30am Oct 27, 2011 2:30am
Sell at 1.4020.

Regards,

Josef
  • #555,004
  • Oct 27, 2011 2:30am Oct 27, 2011 2:30am
Opened 2 Lot short position in E/U at 1.4032

My whole money is on the stake...Now my total short in E/U comes to 4 Lot..
2 Lot = 1.3992 (High Risk)
2 Lot = 1.4032 (High Risk) ...

SL = 1.4103 (4 lots)
TP = 1.3842 (4 lots)

Today i will either be in or out from Forex market...
  • #555,005
  • Oct 27, 2011 2:33am Oct 27, 2011 2:33am
Quoting Forexgain
Opened 2 Lot short position in E/U at 1.4032

My whole money is on the stake...Now my total short in E/U comes to 4 Lot..
2 Lot = 1.3992 (High Risk)
2 Lot = 1.4032 (High Risk) ...

SL = 1.4103 (4 lots)
TP = 1.3842 (4 lots)

Today i will either be in or out from Forex market...
I am also short lets see
Trade responsiblypatience is the key/Swing trader
  • #555,006
  • Oct 27, 2011 2:34am Oct 27, 2011 2:34am
Quoting Forexgain
Opened 2 Lot short position in E/U at 1.4032

My whole money is on the stake...Now my total short in E/U comes to 4 Lot..
2 Lot = 1.3992 (High Risk)
2 Lot = 1.4032 (High Risk) ...

SL = 1.4103 (4 lots)
TP = 1.3842 (4 lots)

Today i will either be in or out from Forex market...
Risking your entire account on 2 trades means sooner or later you'll be out anyway, if you trade like that.
  • #555,007
  • Oct 27, 2011 2:35am Oct 27, 2011 2:35am
Quoting Forexgain
My whole money is on the stake...

Today i will either be in or out from Forex market...
Well, I dont think that this is going to be a profitable long term strategy.
  • #555,008
  • Oct 27, 2011 2:35am Oct 27, 2011 2:35am
Quoting Forexgain
Opened 2 Lot short position in E/U at 1.4032

My whole money is on the stake...Now my total short in E/U comes to 4 Lot..
2 Lot = 1.3992 (High Risk)
2 Lot = 1.4032 (High Risk) ...

SL = 1.4103 (4 lots)
TP = 1.3842 (4 lots)

Today i will either be in or out from Forex market...
The sad moment We will lost another bear
Once scalper always scalper
  • #555,009
  • Oct 27, 2011 2:36am Oct 27, 2011 2:36am
Quoting screwup
I am not very good at using words take 'short' or 'long' sorry. ya right, buy. now close my sell position.

take a break, will start again after 25min from now.
  • #555,010
  • Oct 27, 2011 2:36am Oct 27, 2011 2:36am
how come so many traders going short when the euro's been rallying so hard?

equity future's pointing north in both europe and ny and the eu summit didnt provide any blatantly negative news either

genuine question im here to learn
  • #555,011
  • Oct 27, 2011 2:37am Oct 27, 2011 2:37am
Quoting Clairvoyant
oooh damn hit my b/e.. freaking sarkozy

i'll consider a short if it sustains below 1.4, right now im short cable 1.6010

no idea on how to describe the summit, but well, it seems everything is wat we know since weeks back, im still bear, unless china really steps in. cox i dont see a reason for yields to go down significantly that is sustainable for the troubled countries, with the exception of political bodies buying the bonds... we'll see

cheers n gd luck
hmmmm, hello! it may look embarrasing, can anyone of you spend 5 minutes of his time to tell me which/where datas and informations should i look and keep in mind?. i'm a real beginner . thanx in advice
  • #555,012
  • Oct 27, 2011 2:38am Oct 27, 2011 2:38am
Quoting Incrediblle
I am also short lets see
Good luck mate!
Attached Images
Once scalper always scalper
  • #555,013
  • Oct 27, 2011 2:39am Oct 27, 2011 2:39am
Quoting Forexgain
Opened 2 Lot short position in E/U at 1.4032

My whole money is on the stake...Now my total short in E/U comes to 4 Lot..
2 Lot = 1.3992 (High Risk)
2 Lot = 1.4032 (High Risk) ...

SL = 1.4103 (4 lots)
TP = 1.3842 (4 lots)

Today i will either be in or out from Forex market...
u bet ur house
Trade responsiblypatience is the key/Swing trader
  • #555,014
  • Oct 27, 2011 2:39am Oct 27, 2011 2:39am
Quoting Forexgain
Opened 2 Lot short position in E/U at 1.4032

My whole money is on the stake...Now my total short in E/U comes to 4 Lot..
2 Lot = 1.3992 (High Risk)
2 Lot = 1.4032 (High Risk) ...

SL = 1.4103 (4 lots)
TP = 1.3842 (4 lots)

Today i will either be in or out from Forex market...
Is that standard lots or mini/micro? If it is standard, I hope you have a 20K account at the minimum.
In other news: A ranger was trapped between a bull and a bear
  • #555,015
  • Oct 27, 2011 2:39am Oct 27, 2011 2:39am
Quoting fibbonix
Well, I dont think that this is going to be a profitable long term strategy.
I generally don't trade like this but current momentum in E/U made me put my whole money on the stake and this is the first time in my forex carrier i acted like this.....

Hoping for the best..

Let's see what happens next...
  • #555,016
  • Oct 27, 2011 2:40am Oct 27, 2011 2:40am
Quoting taxe91
how come so many traders going short when the euro's been rallying so hard?

equity future's pointing north in both europe and ny and the eu summit didnt provide any blatantly negative news either

genuine question im here to learn
coz every thing going up shud come down,unless u are in a space...
Trade responsiblypatience is the key/Swing trader
  • #555,017
  • Oct 27, 2011 2:40am Oct 27, 2011 2:40am
Quoting Forexgain
Opened 2 Lot short position in E/U at 1.4032

My whole money is on the stake...Now my total short in E/U comes to 4 Lot..
2 Lot = 1.3992 (High Risk)
2 Lot = 1.4032 (High Risk) ...

SL = 1.4103 (4 lots)
TP = 1.3842 (4 lots)

Today i will either be in or out from Forex market...
Your short entry based on? Feeling,Speculation,news or chart?
If there was easy money lying around,no one would be forcing it into your
  • #555,018
  • Oct 27, 2011 2:42am Oct 27, 2011 2:42am
Quoting Incrediblle
coz every thing going up shud come down,unless u are in a space...
im a big believer in the 'what goes up must come down' ideal too, but is the thought process that the euro has already topped out, or is it more along the lines that its close enough to the top that its bound to come down soon?
  • #555,019
  • Oct 27, 2011 2:42am Oct 27, 2011 2:42am
Quoting taxe91
how come so many traders going short when the euro's been rallying so hard?

equity future's pointing north in both europe and ny and the eu summit didnt provide any blatantly negative news either

genuine question im here to learn
Probably for the same reason why people went long down at 1.38 yesterday when everyone was declaring it was the prelude to a tumble down to 1.35.

There's no harm trading against a trend, but you have to have a reason for it, and those reasons can and should include things like patterns, important support and resistance levels, or adherence to a longer term trend than a shorter term one contradicting it.

Blindly trading against a trend thinking 'shes' bound to turn back the other way any moment' is a sure way to ruin though.
  • #555,020
  • Oct 27, 2011 2:43am Oct 27, 2011 2:43am
Quoting taxe91
im a big believer in the 'what goes up must come down' ideal too, but is the thought process that the euro has already topped out, or is it more along the lines that its close enough to the top that its bound to come down soon?
retracement is the word....
Trade responsiblypatience is the key/Swing trader
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