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Attachments: EURUSD
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EURUSD

  • #582,361
  • Jan 11, 2012 2:19am Jan 11, 2012 2:19am
@MidasFX: you get PM
  • #582,362
  • Jan 11, 2012 2:21am Jan 11, 2012 2:21am
BE
flatski atm
  • #582,363
  • Jan 11, 2012 2:23am Jan 11, 2012 2:23am
Quoting MaxDoom
I am now long chart in a mo....

short term opportunity based on still being in an ABC correction of the recent move down.

potential for a lift to 1.287x zone but with 38.2% @ 1.282x and upper TL currently at 1.284x I will look to book profit @ 1.282x and wait for a turn to short.

also supported by current PA and rejection of the bottom TL again.
ok agreed. missed the 20 pip move. will wait for a downturn to get in
  • #582,364
  • Jan 11, 2012 2:25am Jan 11, 2012 2:25am
Quoting mohan76
tp & sl getting hit very low winning rate but + on weekly
Last week not doing so well..took small loss..
so decided to sideline for a few days..
~
Will start looking for some pips today...

green pips to you bro!
Patience, Emotion Control and Discipline.
  • #582,365
  • Jan 11, 2012 2:29am Jan 11, 2012 2:29am
entered a trade 7 hours ago and sat in front of my com, watching the price hover around my entry price. i clenched my fist, bit my lips and told myself NEVER NEVER TO CUT PROFIT!!!!! (I was tempted to close the trade for less than 5 pips for fear that the price will move against me)

FINALLY!!!! I CLOSE MY TRADE FOR +40!!!! I AM SO HAPPY!!!!!!! I WANT TO BREAK MY FATAL HABIT OF TAKING 2 PIPS PROFIT!!!

yesterday and the last 11 months of trade was a wake up call for me.... if i were to succeed in forex trading, i needed to change my habit.

thanks to all you guys who encourage and motivated me all these while!!!! green pips to you!!!!!!!!!!!!!!!!
  • #582,366
  • Jan 11, 2012 2:30am Jan 11, 2012 2:30am
Quoting gregben
Locked in SL@BE. In 2 positions. TP1 @ 83 and TP2 @ 2815

Gregben
Price hit 82.7 before pausing, so closed manually for +30 on TP1. Moved stop to +20 for TP2
Gregben
  • #582,367
  • Jan 11, 2012 2:32am Jan 11, 2012 2:32am
Quoting happytrader
entered a trade 7 hours ago and sat in front of my com, watching the price hover around my entry price. i clenched my fist, bit my lips and told myself NEVER NEVER TO CUT PROFIT!!!!! (I was tempted to close the trade for less than 5 pips for fear that the price will move against me)

FINALLY!!!! I CLOSE MY TRADE FOR +40!!!! I AM SO HAPPY!!!!!!! I WANT TO BREAK MY FATAL HABIT OF TAKING 2 PIPS PROFIT!!!

yesterday and the last 11 months of trade was a wake up call for me.... if i were to succeed in forex trading, i needed to change my habit.

thanks...
well done. nice to see you in profit. i have one more gud link for you.

http://www.learntotradethemarket.com...misconceptions
  • #582,368
  • Jan 11, 2012 2:33am Jan 11, 2012 2:33am
somone tell the 38.2fibb to hold, thanks, night
  • #582,369
  • Jan 11, 2012 2:34am Jan 11, 2012 2:34am
Quoting happytrader
entered a trade 7 hours ago and sat in front of my com, watching the price hover around my entry price. i clenched my fist, bit my lips and told myself NEVER NEVER TO CUT PROFIT!!!!! (I was tempted to close the trade for less than 5 pips for fear that the price will move against me)

FINALLY!!!! I CLOSE MY TRADE FOR +40!!!! I AM SO HAPPY!!!!!!! I WANT TO BREAK MY FATAL HABIT OF TAKING 2 PIPS PROFIT!!!

yesterday and the last 11 months of trade was a wake up call for me.... if i were to succeed in forex trading, i needed to change my habit.

thanks...

congrats to you. you can take the stress out of it but simply setting SL & TP and walking away. But if your stop is too close then you would be better using an EA to control the exit to avoid the stop being snatched by the brokers!

Also, unless you are going to use a trailing stop of greater than 25 pips don't bother with them, statistically it has been demonstrated many times that you will cut your winners early using trailing stops.
  • #582,370
  • Jan 11, 2012 2:36am Jan 11, 2012 2:36am
Quoting Nachiket
well done. nice to see you in profit. i have one more gud link for you.

http://www.learntotradethemarket.com...misconceptions
yap i got this one. u gave me this link not too long ago. this Nial guy's pretty good. i strongly recommend his blog/website (not courses cos they're not free lol)
  • #582,371
  • Jan 11, 2012 2:38am Jan 11, 2012 2:38am
Quoting MaxDoom
congrats to you. you can take the stress out of it but simply setting SL & TP and walking away. But if your stop is too close then you would be better using an EA to control the exit to avoid the stop being snatched by the brokers!

Also, unless you are going to use a trailing stop of greater than 25 pips don't bother with them, statistically it has been demonstrated many times that you will cut your winners early using trailing stops.
thanks! yap, now i make it a rule to only enter a trade at either support or resistance. no more entry in between them
  • #582,372
  • Jan 11, 2012 2:39am Jan 11, 2012 2:39am
Had a overnight order for long euro and ej..took +40 on both (1/2 of position)....GOOD MORNING!
fokyou forexfactory
  • #582,373
  • Jan 11, 2012 2:43am Jan 11, 2012 2:43am
Head and Shoulders could be forming on the EUR/USD 1 hour. - I'm short: entry 1.2763 - TP 1.2679 SL 1.2819.
May the forex be with you |
  • #582,374
  • Jan 11, 2012 2:46am Jan 11, 2012 2:46am
Quoting MaxDoom
I am now long chart in a mo....

short term opportunity based on still being in an ABC correction of the recent move down.

potential for a lift to 1.287x zone but with 38.2% @ 1.282x and upper TL currently at 1.284x I will look to book profit @ 1.282x and wait for a turn to short.

also supported by current PA and rejection of the bottom TL again.

+1
  • #582,375
  • Jan 11, 2012 2:47am Jan 11, 2012 2:47am
LOOKING FOR 30 PIPS.
  • #582,376
  • Jan 11, 2012 2:48am Jan 11, 2012 2:48am
Quoting FXFundi
Head and Shoulders could be forming on the EUR/USD 1 hour. - I'm short: entry 1.2763 - TP 1.2679 SL 1.2819.

i think you may be right. euro looking weak for today.
  • #582,377
  • Jan 11, 2012 2:49am Jan 11, 2012 2:49am
Quoting alxdlx
+1

games not over yet did you bank +1 ?
  • #582,378
  • Jan 11, 2012 2:49am Jan 11, 2012 2:49am
ger bond selling who knows where it could push euro to
  • #582,379
  • Jan 11, 2012 2:49am Jan 11, 2012 2:49am
Quoting happytrader
entered a trade 7 hours ago and sat in front of my com, watching the price hover around my entry price. i clenched my fist, bit my lips and told myself NEVER NEVER TO CUT PROFIT!!!!! (I was tempted to close the trade for less than 5 pips for fear that the price will move against me)

FINALLY!!!! I CLOSE MY TRADE FOR +40!!!! I AM SO HAPPY!!!!!!! I WANT TO BREAK MY FATAL HABIT OF TAKING 2 PIPS PROFIT!!!

yesterday and the last 11 months of trade was a wake up call for me.... if i were to succeed in forex trading, i needed to change my habit....
Happy to hear that today your a happy trader staying cool is one of the requirement for forex trade.
we have did the easy job ( advising) and you did the hardest job in the world (following our advising )

now take rest and have
Mohan
  • #582,380
  • Jan 11, 2012 2:50am Jan 11, 2012 2:50am
i am lucky

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