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  • #595,521
  • Feb 15, 2012 10:29am Feb 15, 2012 10:29am
Quoting seanpark
During i was sleeping i almost lost 100 pips .
because it didn't hit my sell trigger. usually i manually got in to trade but i was really sleepy. my plan was getting 140 pips up and 140pips down.( it actually 110 pips up 120 pips downed) see picture that i posted yesterday.

Right now, we are stage of very classic 38.2 return. 65pips or 100 pips,
very high possible going up.
nice chart,good luck for all
Think Different
  • #595,522
  • Feb 15, 2012 10:34am Feb 15, 2012 10:34am
Quoting seanpark
During i was sleeping i almost lost 100 pips .
because it didn't hit my sell trigger. usually i manually got in to trade but i was really sleepy. my plan was getting 140 pips up and 140pips down.( it actually 110 pips up 120 pips downed) see picture that i posted yesterday.

Right now, we are stage of very classic 38.2 return. 65pips or 100 pips, very high possible going up.
I agree. Euros momentum drive will go to 1.50 by the end of this year. 1.40 when Greece will receive their 2nd bailout.
  • #595,523
  • Feb 15, 2012 10:46am Feb 15, 2012 10:46am
Quoting Pipbumper
And now we will understand you with the next explanation:

yep, playing for the long pull.

thats why i use the daily, weekly and monthly.
  • #595,524
  • Feb 15, 2012 10:48am Feb 15, 2012 10:48am
Quoting uptickk
Added at 1.30640
Out at 1.30878

Terrible trade
  • #595,525
  • Edited 11:44am Feb 15, 2012 10:48am | Edited 11:44am
Quoting seanpark
During i was sleeping i almost lost 100 pips .
because it didn't hit my sell trigger. usually i manually got in to trade but i was really sleepy. my plan was getting 140 pips up and 140pips down.( it actually 110 pips up 120 pips downed) see picture that i posted yesterday.

Right now, we are stage of very classic 38.2 return. 65pips or 100 pips,
very high possible going up.
we have right now is very meaningful point. we should have more focus on how high it will going up. because of lowest point , we are able to see price movement clearly, as i mentioned yesterday" we will have transition period after this cycle end.

we are on transition cycle our strong bias is up now however, this is very wide destination range that we are facing. see post.. we just got in 265 pips range. oh well.....
  • #595,526
  • Feb 15, 2012 10:51am Feb 15, 2012 10:51am
Looks like Paulson is short the Euro and talking up his book.

What i don't get though is everyone said after Lehman failed
that it was a hugh mistake to let it go,and i can't help thinking they will
do almost anything to stop it happening to the Euro.

http://www.bloomberg.com/news/2012-0...y-unravel.html
You can remain irrational longer than you can remain solvent.
  • #595,527
  • Feb 15, 2012 10:53am Feb 15, 2012 10:53am
Quoting seanpark
During i was sleeping i almost lost 100 pips .
because it didn't hit my sell trigger. usually i manually got in to trade but i was really sleepy. my plan was getting 140 pips up and 140pips down.( it actually 110 pips up 120 pips downed) see picture that i posted yesterday.

Right now, we are stage of very classic 38.2 return. 65pips or 100 pips,
very high possible going up.
What are your trades ?
Entry , SL, TP ?
PPP - Patience Pays PIPS
  • #595,528
  • Feb 15, 2012 10:54am Feb 15, 2012 10:54am
so we will not see 1.3050 tonight?

it's going up now

fuck it

bad trading
EUR/USD Trust your strategy
  • #595,529
  • Feb 15, 2012 10:58am Feb 15, 2012 10:58am
Some today's issues and a bearish idea ideas .. For the bullish part I did not have time yet, currently I'm not spending too much time in it either.

Daytrader with larger view greetz all you out there ..
Attached Image (click to enlarge)
Click to Enlarge Name: Bearish idea.jpg Size: 556 KB
  • #595,530
  • Feb 15, 2012 11:02am Feb 15, 2012 11:02am
Quoting Tamer.
so we will not see 1.3050 tonight?

it's going up now

fuck it

bad trading
strong resistance here dating back to 12/20 and 12/21

it took a couple of weeks to build in this base. i doubt these guys below this level will give in easily.

they've defended it well for days now.

come to think of that looks like a classic cup and handle pattern....hmmmm
Attached Image (click to enlarge)
Click to Enlarge Name: eur daily 5.gif Size: 16 KB
  • #595,531
  • Feb 15, 2012 11:05am Feb 15, 2012 11:05am
Quoting grant18265
FAO Gator,

here that ADR indy as discussed

cheers
Grant
thanks..
those who can, do. those who cant, talk about those who can
  • #595,532
  • Feb 15, 2012 11:08am Feb 15, 2012 11:08am
I am a new trader, What I do is that I follow the trend but actually I lose money every day, because of this crazy trend.

Kindly advise what have I do to be a good trader like any of you?

many thanks
EUR/USD Trust your strategy
  • #595,533
  • Feb 15, 2012 11:10am Feb 15, 2012 11:10am
Quoting Tamer.
so we will not see 1.3050 tonight?

it's going up now

fuck it

bad trading
Be patient...if it's not tonight...wait for tomorrow!
COT: The precious data ignored
  • #595,534
  • Feb 15, 2012 11:12am Feb 15, 2012 11:12am
I think today Low point has been touch it will go to 1.3050 tomorrow not today as its going up
  • #595,535
  • Edited 12:25pm Feb 15, 2012 11:14am | Edited 12:25pm
see it clearly.
  • #595,536
  • Feb 15, 2012 11:21am Feb 15, 2012 11:21am
Quoting seanpark
see it clearly.
mm, OK, but overall some euro finance guys are well suited with a crisis ..
  • #595,537
  • Feb 15, 2012 11:21am Feb 15, 2012 11:21am
Quoting Tamer.
I am a new trader, What I do is that I follow the trend but actually I lose money every day, because of this crazy trend.

Kindly advise what have I do to be a good trader like any of you?

many thanks
control your lost, study hard .find your way( it takes few years)
Before anything, ask yourself "do i really want to be a trader " " why ?"
  • #595,538
  • Feb 15, 2012 11:21am Feb 15, 2012 11:21am
Started with 500 USD
Now I have only 150 USD

VERY BIG FUCK I AM A LOSSER
EUR/USD Trust your strategy
  • #595,539
  • Feb 15, 2012 11:26am Feb 15, 2012 11:26am
Quoting Tamer.
I am a new trader, What I do is that I follow the trend but actually I lose money every day, because of this crazy trend.

Kindly advise what have I do to be a good trader like any of you?

many thanks
im just another trader going through the trials, neither good or bad but these are somethings ive learned are most important.

Timing, Money Management, and Emotional Control

Patience is key. You can be right on the trend and wrong on the support entry price.

If your losing money everyday, it means your jumping on the trend too soon.

Look for prior price support at the price you want to enter and buy as close to it as possible.

Be sure to put a stop behind it so you dont lose all your nut and you live to trade another day if, again, you chose the wrong support point.

A percentage that you are comfortable with, most say anywhere from 2 to 10 % of available capital

and of course read some books.

I think many, if not most here would agree with some version of these principles basically, even if we might differ on preferred time frames.
  • #595,540
  • Feb 15, 2012 11:27am Feb 15, 2012 11:27am
Quoting Tamer.
Started with 500 USD
Now I have only 150 USD

VERY BIG FUCK I AM A LOSSER
No that only means you made a mistake. One failure means one step towards greatness
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