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EURUSD

  • #622,381
  • Apr 8, 2012 6:07pm Apr 8, 2012 6:07pm
Quoting KillerWhale
Wow, didn't really expect to grab 30 pips so easily
And now a few pips long
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,382
  • Apr 8, 2012 6:10pm Apr 8, 2012 6:10pm
Quoting KillerWhale
And now a few pips long
I'll enter the next shorts @ 1.3110, 1.3155 and 1.3195
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,383
  • Apr 8, 2012 6:13pm Apr 8, 2012 6:13pm
Quoting KillerWhale
I'll enter the next shorts @ 1.3110, 1.3155 and 1.3195
Lol. Still hanging around here?
  • #622,384
  • Apr 8, 2012 6:21pm Apr 8, 2012 6:21pm
Left 2 position open since last friday at 1.3060, 1st target 1.3000.last target 1.2770 probably before the end of this month.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_Monthly_snapshot.png Size: 23 KB
  • #622,385
  • Apr 8, 2012 6:22pm Apr 8, 2012 6:22pm
Quoting pkimnyc
Lol. Still hanging around here?
Why would I not be hanging around?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,386
  • Apr 8, 2012 6:26pm Apr 8, 2012 6:26pm
Quoting KillerWhale
Why would I not be hanging around?
Been almost 24hrs dude... Lol
  • #622,387
  • Apr 8, 2012 6:30pm Apr 8, 2012 6:30pm
Quoting pkimnyc
Been almost 24hrs dude... Lol
Yeah, I trade 24/7 but I slept a full hour just before Oanda started.

And next weekend there is time again to sleep.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,388
  • Edited 7:01pm Apr 8, 2012 6:34pm | Edited 7:01pm
Bullish pin bar tf15 ? RR 2:1?

Objective achieved...2nd tp 3:1
  • #622,389
  • Apr 8, 2012 7:21pm Apr 8, 2012 7:21pm
long @1.3070
sl 1.3062
tp manual

edit: sl hit -8 pips
  • #622,390
  • Apr 8, 2012 7:25pm Apr 8, 2012 7:25pm
ita an ending diagonal
Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 15 KB
  • #622,391
  • Apr 8, 2012 7:29pm Apr 8, 2012 7:29pm
Quoting KillerWhale
Yeah, I trade 24/7 but I slept a full hour just before Oanda started.

And next weekend there is time again to sleep.
you manage to move 40 pip before Chinese data
Mohan
  • #622,392
  • Apr 8, 2012 7:43pm Apr 8, 2012 7:43pm
im seeing people with 8-15 pip stop losses, is that even feasible in such a volatile market
  • #622,393
  • Apr 8, 2012 7:44pm Apr 8, 2012 7:44pm
Quoting megajester
Sorry for the questions but i only trade for fun and was wondering did it effect you trading at all when you changed from not having to make money to having to make money to pay the rent, must be a strain, if i blow my account tomorrow yes i would be pissed but would carry on as normal. The reason i ask is that i work away from home alot and miss the family and thinking about staying at home at bit more and then using my trading account to draw a small wage to cover the wages i will miss as being at home more, thanks in advance
it's all depend how you plan. day to day activity should not effect you trading plan or your life style. once you build account with considerable balance you don't have to risk too much (can limit to 1 - 2%), good trader should be able to live without any return for 3 month . be prepared for rainy day

based on account size i would say you should wait for little more time before change to full time trade , i can see you have good money management (based on last few trades , i couldn't figure out your s/l ) . it's also good to have account with 2 different broker (never trade both at same time ) for safe side.
Mohan
  • #622,394
  • Apr 8, 2012 7:50pm Apr 8, 2012 7:50pm
Hello everyone. Looks like it's going to be a good bearish day. USD going up in two clear segments I think (AbC).
  • #622,395
  • Apr 8, 2012 7:52pm Apr 8, 2012 7:52pm
Quoting Forex-novice
im seeing people with 8-15 pip stop losses, is that even feasible in such a volatile market
i would say, s/l size not an issue , problem was entry point , tight s/l need perfect entry.
Mohan
  • #622,396
  • Apr 8, 2012 7:52pm Apr 8, 2012 7:52pm
Quoting mohan76
you manage to move 40 pip before Chinese data
Only 30
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,397
  • Apr 8, 2012 7:53pm Apr 8, 2012 7:53pm
Quoting Forex-novice
im seeing people with 8-15 pip stop losses, is that even feasible in such a volatile market
Only when you are approaching very strong support / resistance. but it requires lots of patience to get the right entries
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,398
  • Apr 8, 2012 7:55pm Apr 8, 2012 7:55pm
Quoting KillerWhale
Only 30
it's always good to start week with green pip regardless of size , some time i book first trade as low as 1 pip to start green

edit : i can see selling pressure cross all ladies any news leak ?
Mohan
  • #622,399
  • Apr 8, 2012 8:02pm Apr 8, 2012 8:02pm
long 1.3044
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,400
  • Apr 8, 2012 8:03pm Apr 8, 2012 8:03pm
Quoting mohan76
it's always good to start week with green pip regardless of size , some time i book first trade as low as 1 pip to start green

edit : i can see selling pressure cross all ladies any news leak ?
Maybe we've just had the low for today
New voice message: Why are you calling me? If I need you, I'll call you!
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