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  • #640,801
  • May 7, 2012 11:05am May 7, 2012 11:05am
Quoting zizoation
i make a sell on 1.3018 and i dont know what can i do please advise and now my lost is -40 $
why no body answe me ? is this trade will down again or not
  • #640,802
  • May 7, 2012 11:08am May 7, 2012 11:08am
Looks like it is going to break down as 3050/55 provides strong resistance until now.
Intraday only.
  • #640,803
  • May 7, 2012 11:09am May 7, 2012 11:09am
Something driving eurusd so hard to push it higher. This is not for gap close but to create another long term bullish TL
You cannot learn better without losing
  • #640,804
  • May 7, 2012 11:10am May 7, 2012 11:10am
Traders,

Everyone is so impatient - everyone wants the market to move when they want it to move - Why cant anyone be patient anymore?

Shorts Are In Play

Please trade your plans - whether you are a bull or a bear and please practice proper money management.

Im starting to realise that Im burning myself out coming into this forum - Wishing you all the best as you learn

Respectfully,
HDA OUT
  • #640,805
  • May 7, 2012 11:17am May 7, 2012 11:17am
Quoting HDA
Traders,

Everyone is so impatient - everyone wants the market to move when they want it to move - Why cant anyone be patient anymore?

Shorts Are In Play

Please trade your plans - whether you are a bull or a bear and please practice proper money management.

Im starting to realise that Im burning myself out coming into this forum - Wishing you all the best as you learn

Respectfully,
HDA OUT
The best comment of the day HDA.
Sometimes i look the 5 min chart and think go down go down waiting the price go down 100 pips in few minutes... i wait i can control my mind some day....
  • #640,806
  • May 7, 2012 11:18am May 7, 2012 11:18am
Quoting FrankS
damn this zero sum game.. How can I win of somebody dedicated so much to remember 70 patterns via flash cards

You go dude, I love such dedication.

It ain't no thang... just go to http://www.hotcandlestick.com/candles.htm

Buy some big index cards. Buy a good pen and mechanical pencil and some colored pencils as well...then go to town. ha ha ha.... I just finished making all of the bear reversal patterns and the bear continuation patterns. I am left handed, so I have to always push the pen with each stroke... I feel like my thumb is about to break. However, since there is not gap in forex.. and lots of candlestick patterns have gaps... After I learn the pattern... then I start searching for equivalent candlestick patterns on currency charts. I just google Eur/USD and then the name of the candlestick pattern. I also, have some encyclopedia of chart patterns floating somewhere on one of my hard drives. But I suck at the fundies bro.
Luck has no place in trading. Leave that for the poker table.
  • #640,807
  • May 7, 2012 11:24am May 7, 2012 11:24am
Quoting HDA
Traders,

Everyone is so impatient - everyone wants the market to move when they want it to move - Why cant anyone be patient anymore?

Shorts Are In Play

Please trade your plans - whether you are a bull or a bear and please practice proper money management.

Im starting to realise that Im burning myself out coming into this forum - Wishing you all the best as you learn

Respectfully,
HDA OUT
I guess this is the nature of the majority so this is how the brokers earns the money from the majority...
  • #640,808
  • May 7, 2012 11:25am May 7, 2012 11:25am
Quoting ForExtraPips
Yes, sir. My target is 1.3065
Good call. My next target would be 3105 area, if we break 3065.
  • #640,809
  • May 7, 2012 11:26am May 7, 2012 11:26am
Quoting zizoation
i make a sell on 1.3018 and i dont know what can i do please advise and now my lost is -40 $
close the trade and learn Forex first.
Trend Is Friend
  • #640,810
  • May 7, 2012 11:28am May 7, 2012 11:28am
EUR/USD – bear break needs confirm. w/ close below 1.2955

The Euro finally broke from its 2012 triangle in the favored direction but has so far held at the 61.8% retrace of the January rally. Along with that support, the Euro is tracing a bullish hammer and is already back above 1.30. Bears are in control but a move above the key pivot low and gap level at 1.3080/95 would be a strong reversal.
S/t, the hourly chart is tracing 5-waves down and the current bounce is still just a counter-trend rally. A break below o/n lows at 1.2955 suggests that this move will continue to extend with little support down to Jan lows at 1.2624. The key range for today is 1.2955-1.3095.
Levels: Support - 1.3028, 1.2955, 1.2822 Resistance – 1.3040, 1.3080, 1.3095
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  • #640,811
  • May 7, 2012 11:39am May 7, 2012 11:39am
Quoting HDA
Traders,

Everyone is so impatient - everyone wants the market to move when they want it to move - Why cant anyone be patient anymore?

Shorts Are In Play

Please trade your plans - whether you are a bull or a bear and please practice proper money management.

Im starting to realise that Im burning myself out coming into this forum - Wishing you all the best as you learn

Respectfully,
HDA OUT
one of the most difficult things: patients and disciplines. it's not the ta of the charts, it's the psychology behind the trade that are difficult and this is why most fail. instead of waiting for setups to mature, they just dive in. lol
  • #640,812
  • May 7, 2012 11:42am May 7, 2012 11:42am
ANYBODY MISSED ME???

OH! NO i didnt.. NO! Gerrout kid NO! you are not our Forex god, YES! but you will sink faster than the titanic NO! you have not been banned so you are not superhero NO! you are shit face NO! you are not PIPSONIC...bla bla bla

653 PIPS LOCKED in for month more counting..



SCREWUP laugh with me!!

My daily trades going well as usual MAXXXXXXXXXED.. i posted the system here so dont ask me for it..

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  • #640,813
  • May 7, 2012 11:52am May 7, 2012 11:52am
Quoting pipnaija
ANYBODY MISSED ME???

OH! NO i didnt.. NO! Gerrout kid NO! you are not our Forex god, YES! but you will sink faster than the titanic NO! you have not been banned so you are not superhero NO! you are shit face NO! you are not PIPSONIC...bla bla bla

653 PIPS LOCKED in for month more counting..



SCREWUP laugh with me!!

My daily trades going well as usual MAXXXXXXXXXED.. i posted the system here so dont ask me for it..



nice!
  • #640,814
  • May 7, 2012 12:03pm May 7, 2012 12:03pm
Quoting HDA
Traders,

Everyone is so impatient - everyone wants the market to move when they want it to move - Why cant anyone be patient anymore?

Shorts Are In Play

Please trade your plans - whether you are a bull or a bear and please practice proper money management.

Im starting to realise that Im burning myself out coming into this forum - Wishing you all the best as you learn

Respectfully,
HDA OUT
Indeed. Gold advice.

I'm always lacking patience and conviction which causes me to close my positions early when it goes against me. Of course, being punished by impatience in the process.

That's why they always say the state of mind is the most important aspect of a trader.
  • #640,815
  • May 7, 2012 12:07pm May 7, 2012 12:07pm
Quoting Esssex
Indeed. Gold advice.

I'm always lacking patience and conviction which causes me to close my positions early when it goes against me. Of course, being punished by impatience in the process.

That's why they always say the state of mind is the most important aspect of a trader.
Close early when the trade goes against you and the loss exceeded the limits!

Patience is required when the trade is in profits.
Intraday only.
  • #640,816
  • May 7, 2012 12:18pm May 7, 2012 12:18pm
Quoting cfxx
55 pips plus, profit is bigger every minute
+69 still Long
  • #640,817
  • May 7, 2012 12:19pm May 7, 2012 12:19pm
Gap gonna close or not ?????

Looking @ EUR/GBP ... Really wanna go Long ....
All JPY pair might close gap too
  • #640,818
  • May 7, 2012 12:19pm May 7, 2012 12:19pm
Quoting HDA
Traders,

Im starting to realise that Im burning myself out coming into this forum - Wishing you all the best as you learn

Respectfully,
HDA OUT
No need to burnout, just realize, there's newbies, pros and scammers here. And they all have their own needs and wants.

Oh and the "wiseguys" who like to talk trash, poke holes and criticize everyone else.

You can't please any of them, let a lone all of them......just jump in from time to time and jump out. No need to constantly defend your views, positions and advocate......that is hella exhausting.
  • #640,819
  • May 7, 2012 12:23pm May 7, 2012 12:23pm
Just some info from my software/broker

Make of this what you want but please share your thoughts. This was devised around 9 hours ago lol. I believe???


EUR/USD intraday: continuation of the rebound.

Pivot: 1.2995

Our preference: Long positions above 1.2995 with targets @ 1.3075 & 1.312 in extension.

Alternative scenario: Below 1.2995 look for further downside with 1.2955 & 1.291 as targets.

Comment: technically, the RSI is above its neutrality area at 50.

Key levels
1.316
1.312
1.3075
1.30618 last
1.2995
1.2955
1.291
Attached Image
  • #640,820
  • May 7, 2012 12:32pm May 7, 2012 12:32pm
Quoting zizoation
why no body answe me ? is this trade will down again or not
need a day close below 1.2960 to bear on control...care if he spends break 1.3165 s TL
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