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  • #555,421
  • Oct 27, 2011 12:23pm Oct 27, 2011 12:23pm
27 hours ago eu was 3800 and it is 4200 now.
i see some institutions suggest people short EU around 3800-4000 level and set s/l at 4100-4200.. i doubt if those institutions actually did it, if they did they would s/l, or they were actually long and try to trick new retailers to follow them in order to earn their money.
  • #555,422
  • Oct 27, 2011 12:24pm Oct 27, 2011 12:24pm
it might fall faster than it climbed
When life gives you lemons, make lemonade
  • #555,423
  • Oct 27, 2011 12:26pm Oct 27, 2011 12:26pm
Quoting Z3iz3i
Interesting to see if hourly closes above 1.4194. I would not sell yet then.
Ok. 30min close and are we still at 94...

64/69 still in play to upside....crazy or it may look like that.
They think they are smarter than I am.
  • #555,424
  • Oct 27, 2011 12:26pm Oct 27, 2011 12:26pm
i wouldn't even buy at the 5M chart, its all fake bull and this is will drop
When life gives you lemons, make lemonade
  • #555,425
  • Oct 27, 2011 12:28pm Oct 27, 2011 12:28pm
Quoting achai
LOL.. I'm not in that situation.. I'm done for today. looking for tomorrow.. GL guys..


Maybe I should change the name to GL gay. .
  • #555,426
  • Oct 27, 2011 12:29pm Oct 27, 2011 12:29pm
That is what I am thinking, but again no matter how overbought this thing gets it seems to ignore the technical and climb like a scalded chicken. Thank God for my probability scoring saved me some capital loss, the way it is now, it's not showing me long or short, just stuck in the middle, so I sit on my hands.

Quoting micho
it might fall faster than it climbed
It's easy to be humbled but hard to be humble.
  • #555,427
  • Oct 27, 2011 12:31pm Oct 27, 2011 12:31pm
Quoting fxrising
That is what I am thinking, but again no matter how overbought this thing gets it seems to ignore the technical and climb like a scalded chicken. Thank God for my probability scoring saved me some capital loss, the way it is now, it's not showing me long or short, just stuck in the middle, so I sit on my hands.
yep, now no signals but overbought + divergence... once we start dropping we will DROP
When life gives you lemons, make lemonade
  • #555,428
  • Oct 27, 2011 12:33pm Oct 27, 2011 12:33pm
Euro shorts with deep wounds to be healed ..longs are happy above 1.4

http://www.wise-gazette.com/top-news...ist-above-1-4/
  • #555,429
  • Oct 27, 2011 12:34pm Oct 27, 2011 12:34pm
Looks like JP Morgan's call was once again a failure...poor guys they should stop trading fx
COT: The precious data ignored
  • #555,430
  • Oct 27, 2011 12:37pm Oct 27, 2011 12:37pm
Quoting kuroro001
Looks like JP Morgan's call was once again a failure...poor guys they should stop trading fx
the consequences of buying and selling..
  • #555,431
  • Oct 27, 2011 12:37pm Oct 27, 2011 12:37pm
Quoting kuroro001
Looks like JP Morgan's call was once again a failure...poor guys they should stop trading fx
Banks like to screw people, never trust them either in Forex or when you go ask for loan to a new house etc.

Always calculate everything yourself.
They think they are smarter than I am.
  • #555,432
  • Oct 27, 2011 12:38pm Oct 27, 2011 12:38pm
Quoting Pipsforall
US is actually the largest exporter in the world, they just export highly technological machinery and big ticket industrial machinery, they don't export the cheap stuff that you see in Wal Mart that is all made in China.
Ahhh yes, another idiot that doesn't know how to check facts before spouting off. Go figure!

http://en.wikipedia.org/wiki/List_of...ies_by_exports
check out my blog: forexmademillionaire dot com
  • #555,433
  • Oct 27, 2011 12:38pm Oct 27, 2011 12:38pm
Quoting kuroro001
Looks like JP Morgan's call was once again a failure...poor guys they should stop trading fx
I dont think he trade, he just analyzed and never trade...
  • #555,434
  • Oct 27, 2011 12:40pm Oct 27, 2011 12:40pm
Quoting micho
yep, now no signals but overbought + divergence... once we start dropping we will DROP
still going long so far nothing else should make anybody short b4 a clear drop
  • #555,435
  • Oct 27, 2011 12:42pm Oct 27, 2011 12:42pm
Quoting Yuchen
I dont think he trade, he just analyzed and never trade...
Living in nyc and working in finance, I know a few of the analysts from banks that go on the news and predict. They NEVER Trade. They are not allowed to. They are allowed to make predictions and then say "See! I was right" and if they are wrong (most of the time) they just shutup until it's time to make a new prediction. You would not want these PhD economists trading for you, trust me.
  • #555,436
  • Oct 27, 2011 12:43pm Oct 27, 2011 12:43pm
Quoting micho
yep, now no signals but overbought + divergence... once we start dropping we will DROP
It was lucky my friend can not give me her client's account until next week.. if i received the account this week i think i would use his account short EU, AU, GU with no s/l cause he has 10K and i think 0.1 lot on each is not a big deal, and he probably will lose 10% of his account by today...
Fortunately, this could reminder me even trade a large account (10K) and start with small amount (0.1 lot is small for a 10K account) still need to use s/l !!
by the way, my USD/CAD long were stopped at 0.9990 yesterday, do you still have yours?
  • #555,437
  • Oct 27, 2011 12:44pm Oct 27, 2011 12:44pm
I have to admit, it's nice to see some folks admitting their accounts got wiped out today. I'm not happy to see it happen, don't get me wrong. But it's nice that they aren't in denial and posting BS on the thread. The first step to conquering this market is admitting you were wrong and being able to do so publicly is a huge part to getting over your ego. If nothing else, congrats to those that are posting their MCs and 50% account losses for taking a step in the right direction and admitting you don't know what you're doing. You've opened up your mind to allow yourself to learn.
check out my blog: forexmademillionaire dot com
  • #555,438
  • Oct 27, 2011 12:45pm Oct 27, 2011 12:45pm
Quoting micho
i wouldn't even buy at the 5M chart, its all fake bull and this is will drop
same here micho
Maximizing your potentials!
  • #555,439
  • Oct 27, 2011 12:54pm Oct 27, 2011 12:54pm
Quoting Geppy
I have to admit, it's nice to see some folks admitting their accounts got wiped out today. I'm not happy to see it happen, don't get me wrong. But it's nice that they aren't in denial and posting BS on the thread. The first step to conquering this market is admitting you were wrong and being able to do so publicly is a huge part to getting over your ego. If nothing else, congrats to those that are posting their MCs and 50% account losses for taking a step in the right direction and admitting you don't know what you're doing. You've opened up...
+1

btw, I lost 37.5% of the account today, not bad either
selling my kidney next week, getting shitfaced this week
  • #555,440
  • Oct 27, 2011 12:55pm Oct 27, 2011 12:55pm
Quoting Yuchen
It was lucky my friend can not give me her client's account until next week.. if i received the account this week i think i would use his account short EU, AU, GU with no s/l cause he has 10K and i think 0.1 lot on each is not a big deal, and he probably will lose 10% of his account by today...
Fortunately, this could reminder me even trade a large account (10K) and start with small amount (0.1 lot is small for a 10K account) still need to use s/l !!
by the way, my USD/CAD long were stopped at 0.9990 yesterday, do you still have yours?

LOL i told you!! you are lucky!! or at least she is!

Yes, i took it early but its ok damage will be limited...
When life gives you lemons, make lemonade
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