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  • #565,921
  • Nov 25, 2011 3:27am Nov 25, 2011 3:27am
Quoting A-speculator
you playing 2 dangerous game mate, be really careful.. personally, i doubt it will go any further, but there's might be a shakeout, consolidation followed by momentum on the opposite side first before it change direction, so picking top and bottom is highly dangerous game, but as long as you know what you're doing, it will be fine i think..
yes good rr~just wanna giv it a try...
just small ones~worth a try
~~
now sideline for me..probabli call it a week
Patience, Emotion Control and Discipline.
  • #565,922
  • Nov 25, 2011 3:29am Nov 25, 2011 3:29am
Quoting jsg007
I can understand the buying a few hours ago, but we clearly broke a major line, and we're definitely heading below.

I completely agree. I honestly don't understand why people are talking bullish. We had our retracement yesterday. EURUSD shattered that support level like it was a toothpick. I don't know where the bottom is but clearly we are not there.
  • #565,923
  • Nov 25, 2011 3:36am Nov 25, 2011 3:36am
which currency pair is good for scalping?. am doing bad with my eur/usd
  • #565,924
  • Nov 25, 2011 3:36am Nov 25, 2011 3:36am
Quoting KiwiTrada
I will keep try again, looking all ladies aswell, still believe long is better rr, whoever just sold support was fortunate, rr mm over rule fortunate
There is long pips on offer, just now I have to try hunt them starting with
kiwi
fill 73 90 sl 73 80
au
fill 96 70 sl 96 60
Both sl to BE
Kiwi 73 90
Au 96 70
If you are new to Forex? Say Goodbye to your account!!
  • #565,925
  • Nov 25, 2011 3:37am Nov 25, 2011 3:37am
Quoting bfis108137
I completely agree. I honestly don't understand why people are talking bullish. We had our retracement yesterday. EURUSD shattered that support level like it was a toothpick. I don't know where the bottom is but clearly we are not there.
easy - it's not bullish attitude but expectansy of bigger retracement after 7 days of constant losses on equity markets
  • #565,926
  • Nov 25, 2011 3:42am Nov 25, 2011 3:42am
Quoting bfis108137
I completely agree. I honestly don't understand why people are talking bullish. We had our retracement yesterday. EURUSD shattered that support level like it was a toothpick. I don't know where the bottom is but clearly we are not there.
Look at the daily, weekly and monthly chart. That might give you a hint.
Its all a matter of perception. Usually everybody is right and everybody is wrong :-).
  • #565,927
  • Nov 25, 2011 3:45am Nov 25, 2011 3:45am
I think EU is headed for 1.3150, October 04th low.
  • #565,928
  • Nov 25, 2011 3:47am Nov 25, 2011 3:47am
Quoting KiwiTrada
Both sl to BE
Kiwi 73 90
Au 96 70
Cable
SL BE 5444
If you are new to Forex? Say Goodbye to your account!!
  • #565,929
  • Nov 25, 2011 3:55am Nov 25, 2011 3:55am
Quoting Forexprofit
Hi guys,

Below 1.3425 we would have a short signal - below there triangle on 4h is triggered - TP 1.3250

My words exactly - my TP was hit
  • #565,930
  • Nov 25, 2011 3:56am Nov 25, 2011 3:56am
Ok real quick.

I took a long at 1.33 on the dot......

I'm debating on switching to short on a retrace, and setting a stop loss to break even.

Will we get that high again before the weekend? 1.33? or should I just take the loss and switch to a short on a retrace?
  • #565,931
  • Nov 25, 2011 4:02am Nov 25, 2011 4:02am
Quoting lolygagv2
Ok real quick.

I took a long at 1.33 on the dot......

I'm debating on switching to short on a retrace, and setting a stop loss to break even.

Will we get that high again before the weekend? 1.33? or should I just take the loss and switch to a short on a retrace?
Pretty ironic that ur name starts with 'lol' after u made this post. Maybe it will get back to 1.33 and maybe it wont. Stick to ur trading plan (that is if u have one, guessing u dont) and dont ask ppl here whats going to happen next. U wont find the answer u are looking for from anybody.
  • #565,932
  • Nov 25, 2011 4:04am Nov 25, 2011 4:04am
Quoting Alexone
Pretty ironic that ur name starts with 'lol' after u made this post. Maybe it will get back to 1.33 and maybe it wont. Stick to ur trading plan (that is if u have one, guessing u dont) and dont ask ppl here whats going to happen next.
I have a trading plan, I value random opinions though, unlike you.
  • #565,933
  • Nov 25, 2011 4:07am Nov 25, 2011 4:07am
Quoting lolygagv2
I have a trading plan, I value random opinions though, unlike you.
If u have a trading plan then why the heck do u value random opinions? What if a person like FxBabie answers u? Do u know who he is? Do u know who any of us are? What if u get 10 persons that tell u it will get back to 1.33 and 10 who dont think so? What will u do then?
  • #565,934
  • Nov 25, 2011 4:12am Nov 25, 2011 4:12am
Quoting lolygagv2
I have a trading plan, I value random opinions though, unlike you.
close half of it since you got a problem with closing the whole.
depending on new york open, close other half too.

The "right" thing to do would be to close it alltogether, and
learn from it. it's ok when it hurts, it has to.
  • #565,935
  • Nov 25, 2011 4:12am Nov 25, 2011 4:12am
Quoting Alexone
If u have a trading plan then why the heck do u value random opinions? What if a person like FxBabie answers u? Do u know who he is? Do u know who any of us are? What if u get 10 persons that tell u it will get back to 1.33 and 10 who dont think so? What will u do then?
What do you contribute on here? Isn't it for random opinions and discussion, that's what I see....a bunch of trade opinions. I can use it as a sentiment gauge. I'll post some analysis next time...
  • #565,936
  • Nov 25, 2011 4:20am Nov 25, 2011 4:20am
Quoting 21vs7
EDIT: Closed the upper ones...now only one from 1,33 here...something not felling right
Closed only one long piggy on -20 there. Came back from a meeting and already need another coffe!
  • #565,937
  • Nov 25, 2011 4:21am Nov 25, 2011 4:21am
Alexone:

I think It's nothing more, just help make hard decisions and in psychologically good to get supports from others. Maybe today he needs your help, but tomorrow you will need his help. Help each other is a good thing.

And maybe 8 people say it goes up and 2 dont and he choose. The responsibility is not yours, you just tried to help. If you dont know or dont trade in this time, just write this: "I don't recommend to trade, It's Friday and I dont know where it will go."

So the most important thing: help each other.

It's only my opinion.

Sorry for my English.
  • #565,938
  • Nov 25, 2011 4:24am Nov 25, 2011 4:24am
I would say close it! New daily low incoming soon i think.

New low of day already
  • #565,939
  • Nov 25, 2011 4:33am Nov 25, 2011 4:33am
Quoting lolygagv2
Ok real quick.

I took a long at 1.33 on the dot......

I'm debating on switching to short on a retrace, and setting a stop loss to break even.

Will we get that high again before the weekend? 1.33? or should I just take the loss and switch to a short on a retrace?
better close mate
  • #565,940
  • Nov 25, 2011 4:34am Nov 25, 2011 4:34am
Quoting alvelino
I would say close it! New daily low incoming soon i think.

New low of day already

Yes, I already took the haircut on my Long for a loss......I'm short now and have already made back 50% of the loss, with a BE stop loss.....my SL is now gunning for 1.3200 or lower.....if we can crack this stupid 1.3250 support level we are going down more......or else prepare for a bounce.

My strategy is based on S/R and scalping levels.....big trades only if I get lucky and clear a major level in the right direction.
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