Market talk of offers in EUR/USD at 1.2930 - Unconfirmed

It depends at which price it close today. If it closes above 1.2940 it will open higher and might go above 1.3000 and then there is a strong resistance at 1.3029 but this price level is above the 23.6 fibo line on the daily chart and the next fibo is 38.2 which is 1.3052. should the market continue bearish this is the price where the EURUSD can go next week. above this level is the 50% retracement at 1.3096 which is the max. retracement for bearish and EURUSD will go down till 1.2650. if the price passes through 1.3096 and close above, then it is a reversal to bullish.

traderathome

May 11, 2012 2:57am

Too bad they don't reveal if they are offers to buy, or offers to sell! Really, what nonsense!

gurangax

May 12, 2012 8:14pm

would like to see a crash on eu. aiming around 1.2700

Exodus

May 13, 2012 6:04pm

Quoting clockwork71

Disliked

Not until it hits 0.00, where it belongs.

Ignored

....and Eur punched through 1.2900, so wherz this big offer then? My L2 pricing doesn't show it.

May 11, 2012 2:54am

so we short???

May 11, 2012 3:07am

They want ya'll to buy, so they can eat your stops.

explorer101

May 11, 2012 5:14am

Quoting jonahky7

Disliked

There are 3 reasons for buy, that is if they come true:

1.) Greek government forming

2.) Spain nationalised banks completed

3.) Hollande & Merkel new farts

Other than that the rally, if any, is short live.

FED may rigged their data this afternoon at the last minute to get a weaker dollar.

So until then we are possibly stuck and capped at .29445 area for another 2-3hours (hopefully not)

So patience is the key.

Ignored

when Merkel and Hollande will have good raport in their first meeting..BOOM! Euro heads north...

EuroJPY!

explorer101

May 11, 2012 5:34am

Quoting jonahky7

Disliked

Next Tuesday - merkel might do a pole dance for Hollande

Ignored

and now.... two people farting... what a breathe for |Euro..

Germany's world dominance is manifested in Europolicy. It failed in Nazi era...France submits to Germany... the PIIGS are just at the whips and whims of mercy... Greeks know the feelings..

Euro is still having a fake face value... and we just want to make fun of its parasitic dominance by putting lipstick on it whether it is red or green lipstick...(I mean long and short whenever the free ride is offered..)

May 11, 2012 11:47am

So what's up guys, what you are going to predict means what will be the sentiment of the market on Monday ? I strongly believe, on opening market will fall 400-500 Points. i also believe but not sure about this, that market will thouch 1.28 after opening. I read is the News there is chances of rising the Euro. I am kinda not sure, So what you guys think ?

May 11, 2012 1:20pm

I am not good enough right now that why i am asking you...how i predicted the fall of the market by watching the last 800+ pips open gap on the down trend. 1.29039 is the Maximum supprot market got this week and most of the timje sentiment was 50 bullish 50 bareish. Europ need something strong to lift it self, right now i didn't find any..,.. todays range was 1.297 to 1.29144. that's all i know.

May 11, 2012 1:53pm

Quoting jaygee

Disliked

first thing to do is pull that .18 sell order out. then forget the top 4 trades for now. pull the t/p's and s/l's out

Ignored

Should i close whatever you said right now ? let me know fast..

May 11, 2012 2:15pm

[quote=jaygee;5660549]what is the average? you have 2 that are .5's and 4 that are .1's. that is 14-. quote]

I didn't get it what you said i Quoted. I know Sl not doing any good. Should i close all trades ? That's how i may have to see account wipe ? What you say about closing all of them ?

May 11, 2012 2:42pm

Quoting jaygee

Disliked

if i can get you to answer the account question.

Ignored

I didn't get the point dude that is an British Company i am working with and the currency depositied there as base Instrument is USD. That is the USD i am loosing or getting..

May 11, 2012 2:48pm

Quoting jaygee

Disliked

if the account is based in the US there are different rules then if it is based in britain. Pretty important.

Ignored

Brokerage firm is from British i am not in UK that why they asked to open a account in USD because USD is International.

May 11, 2012 4:48pm

Quoting jaygee

Disliked

then learn how to read a chart before you are broke. hehe!

Ignored

You are the man lol. You saved me form another account and you might think about i never thankyou even a single time. actually i was writing comments about it that my Computer's battery dies. That have almost 4-5 hours backup but i was out of home for a long time. After that i tried to login from mobile but don't know what kind of error was that ?
http://gamersworth.com/gallery/main.php?g2_itemId=1610
Well, thankyou very much what ever you did for me. I really appreciate it truly from heart. I am jobless ATM (at the moment) that why i tried too many trade to earn something for my self in the end of the month. I am at the 2nd lesson of babypips, i am sure ill cover and fully understand atleast 10 lessons in these 2 holidays. I can predict what will be the next move of the market for next 2-3 mins but right now i am not aware how to find the sentiment of the market for next few hours and where market getting support or resistance, that is the same reason i open short Buying but whatever i bought, market never touched that place again (falling and falling and all that). I read the forecast of the market 7-12May but that helped to understand the market's range but wouldn't help me to find market's sentiment. Plz help me when to go long so ill recover hat i lost this week P/L -218.62. I know i am bad after all i done. I am doing hard work on that and i am sure ill get something when ill be able to understand market's sentiment. "jaygee" i cause you a mess today due to my mistakes. God will ever bless you whatever you did for me. If you have any tips for me els then reading charts then plz let me now right away. In the end.
Thankyou.

May 11, 2012 5:03pm

Quoting mima

Disliked

Just fund your account....

Ignored

No Offense dude, it's more then a months since i join here and my very 1st post replied by you with same content. "Just fund your account and wait etc.....bla bla bla"(that is not a soluation) its kinda DOMINATING for the people newly joined here. Are you by any chance disappointing people to trade. If you have anger inside you or anything wrong happened to you, it's not the people to revenge with. Go boxing or something els to soften the blow or love someone when you get inreturn all will be good. Anyway its EURUSD thread. Sorry if you or anyone els don't like it.

May 12, 2012 9:33am

Quoting Guest

Disliked

Rockerhell, if I were in your position, then based on what I have learned from my past three years of trading, I would close all trades now and count this as investment in your education (hope your living not depends on this money you trade?). Doctors pay for their school, too, right? And then, go back to your study desk and learn, learn, learn until you understand what your doing here. First, you need to learn basics, how charts are formed, what drives the charts, there are very strict rules in fact, every move has basis. With your charts, just...

Ignored

Yea, you are right. I am learning day by day but i also need to something for survivability. The same you asked i can take small advantages 10-50 point by using M1 M5 predicting for next 2-3 mins. My broker cost 17 cent on each 0.01 trade mean 1 standard lot will cost 17$ of spread. I am trying my best.

May 12, 2012 9:39am

Quoting Minde

Disliked

if you can predict market 2-3 mins,then you should be billionaire

teach me how predict market 1min and 100%, i dont need anything else

Ignored

No dude i also have to pay the spread, i can predict using M1 and M5 charts and different indicators like Hammer, Doji etc. Strong Support/Resistance points.
Not 100% lol 60-80% sucess chance.

May 12, 2012 6:38pm

Quoting jonahky7

Disliked

Rocker u should really consider using sl in future setting a large sl if ur account can't fund it is simply asking for trouble.

If situation in Greece n Spain r not going anywhere 1.29 barrier will be tested, likewise for 1.2875 but if 1.29 is broken the bears is likely taking out .2875, so if you still want to keep ur long, which may be unwise, .2856 will be a better area. However the trade about forex is to bike the bullet n learn never expect a miracle. However if the idiots at Greece n Spain have some hopdium , there might be some north (...

Ignored

Thnx Bro, i am spending all the time on readings. My account already broke because Total Loss much more then the current balance. I am sure my SL was to long like 3000 point which kills the account, it must be under 150-200 points. What happened happened, since last week i learned a lot which is v good. When i tested it, it worked that was the same reason i earned 47$ in 2 hours on Friday but it's not equals to my loss lol because it over 1k$. Nothing i can do right now because the market is closed but if it starts from the bottom ill close opened right away. Currently i am working on "Fibonacci Retracement" i draw an EXAMPLE: http://gamersworth.com/gallery/main.php?g2_itemId=1612&g2_imageViewsIndex=1 can you tell me is that right or not because i only draw for this week, if you see the the link i posted you will be able to see that there is higher candles then that, then gap and holiday then market have started again, (should i consider all the candles in the graph or after gap and holiday, they are not considerable) . Sure its ganna be Good. Thnx "jonahky7"

May 12, 2012 6:57pm

Can you tell me what is the good place to get a good idea of "Fibonacci Retracements". i found http://www.youtube.com/watch?v=JKo-hrepheo which is kinna hard and don't know what he is doing with MICROSOFT EXCEL. I am also following babypip's grade 3. For the 1st time it goes over my head, i am sure ill suderstand it because that happens 1st time, reading and experimenting again and again will help but i was wondering if ill be able to get any video link then understanding will be more easy and ill be able to observe what he/she is doing and what will be their predictions.

May 13, 2012 4:55pm

Quoting jonahky7

Disliked

150-200 pips are still too high, you should aim for max 30 pips or lower with small fund.

Ignored

You are right brother, It's such a suffering with long SL and waiting for market to rise up..

Minde

May 12, 2012 8:17am

Quoting rockerhell

Disliked

You are the man lol. You saved me form another account and you might think about i never thankyou even a single time. actually i was writing comments about it that my Computer's battery dies. That have almost 4-5 hours backup but i was out of home for a long time. After that i tried to login from mobile but don't know what kind of error was that ?
http://gamersworth.com/gallery/main.php?g2_itemId=1610
Well, thankyou very much what ever you did for me. I really appreciate it truly from heart. I am jobless ATM (at the moment) that...

Ignored

if you can predict market 2-3 mins,then you should be billionaire

teach me how predict market 1min and 100%, i dont need anything else

oneightwenty

May 11, 2012 2:50am

Whenever this kind of news come out (this time it's longish) e/u usually goes down hard.

HuoLong

May 11, 2012 2:55am

it went down enough already, don't you think

May 11, 2012 3:08am

Quoting Guest

Disliked

what they want to suggest us?

Ignored

OFFERS = Sell
BIDS = Buy

With new HOPE from Greece about new fking government and Russian buyer, will you sell at .2933 (light selling seen) or .296/788, take your pick but don't be wiped clean.

Buy HOPE then SELL TRUTH when it's out - whenever Greece government wish to decide on that.

Sentiment is still bearish and what more it's FRIDAY TODAY!!!!

May 11, 2012 3:10am

Quoting tunera

Disliked

offers mean that traders are willing to sell it (at 1.2930), but is just market talk i've no idea where this comes from

Ignored

Somebody at talking-forex had too much fizzy drink, needs to get rid of their carbon gas somewhere

May 11, 2012 3:16am

Quoting braintec

Disliked

if bad news on gbp data EUR fall, i think....

Ignored

highly possible

talking forex must change their name to farting forex

Oops I missed the pivot line for today at 1.29445, if nothing goes wrong north, this line should cap the pair quite well after 5hours below this line

euannaude

May 11, 2012 3:29am

talking forex does this every day or two, throws a meaningless stone in the bush to check the reaction. I usually dont bother but its a slow day today.
On technicals the pair has hit its low at 116.8 on my Fib and should retrace to at least 1.3 then its game on again.

May 11, 2012 4:35am

Quoting mima

Disliked

same is for forexlive just forexlive pays you to advertise them...

Ignored

lol 1.36 kid, forexlive does pay my pips coz I get my sentiment news from them free and they offer me free pips. Guess you have been losing a lot lately that you want to pick up someone to vent ur frustration at. Are you still shouting 1.36 - lmao

Sorry that I don't show any sense of respect for those traders who think they can take the micky out of someone else.

May 11, 2012 4:58am

Quoting kayla2011

Disliked

Looking @ my charts n cudnt find a reason as to y i shud buy eur... TP = 2850. 2800 by monday early trading.

Ignored

There are 3 reasons for buy, that is if they come true:

1.) Greek government forming

2.) Spain nationalised banks completed

3.) Hollande & Merkel new farts

Other than that the rally, if any, is short live.

FED may rigged their data this afternoon at the last minute to get a weaker dollar.

So until then we are possibly stuck and capped at .29445 area for another 2-3hours (hopefully not)

So patience is the key.

May 11, 2012 5:11am

Quoting jonahky7

Disliked

...forexlive does pay my pips coz I get my sentiment news from them free and they offer me free pips...

Ignored

So you are trading based on headlines from forexlive....very impresive...and noone else has such headlines as forexlive...wow!!!!

May 11, 2012 5:23am

Quoting explorer101

Disliked

when Merkel and Hollande will have good raport in their first meeting..BOOM! Euro heads north...

EuroJPY!

Ignored

Next Tuesday - merkel might do a pole dance for Hollande

May 11, 2012 5:46am

Quoting explorer101

Disliked

I mean long and short whenever the free ride is offered..)

Ignored

I buy and sell and repeat process the opposite way, news is there to move the market - good for reference, other than that just follow my own charts.

May 11, 2012 5:50am

Quoting mima

Disliked

So you are trading based on headlines from forexlive....very impresive...and noone else has such headlines as forexlive...wow!!!!

Ignored

Advise me then, divine trader - if there are no news, what move the market??

I'm for sure that it's definitely not your shouting of 1.36

May 11, 2012 12:26pm

Rockerhell!! If it drops 4-500 points, it better touch 1.28. Don't read that stinking news, read your chart. What does your chart say Rockerhell? I need the full rockerhell chart report. What have you got dude?

May 11, 2012 1:29pm

Hard one to call now Rockerhell. You have a chart? look at daily, 4h, 1h, weekly? This should have bounced by now Rockerhell. Something smells fishy to me. I have a small long position so i am holding it over. Where is the support. Where is the resistance?

May 11, 2012 4:10pm — Edited

Begging for opinion

Quoting rockerhell

Disliked

...So what you guys think ?

Ignored

Begging for advice

Quoting jonahky7

Disliked

Advise me then, divine trader....

Ignored

Just fund your account....

RoastB33f

May 12, 2012 12:44pm

hey rockerhell
forex is all about buying or selling USD regardless of what currency pair you are trading. so you need to include usdix and s and p futures as part of your analysis cause if stock markets are going up you dont want to be buying USD thats for sure. so my advice to you would be have live feeds for market updates to determine strength or weekness in the dollar then apply this to the currency pair you are trading
hopes this helps mate
ma the force be with you

tunera

May 12, 2012 2:32pm

rockerhell all traders did experienced what you are experiencing now, this situation will teach you to go with the trend.
You can see in eurusd the pair was consolidating for a few months, the main downtrend was halted during this period.
Now we are going down again, the trend is down, and buy can be dangerous. Said this everything can happen, the price can go up again, but my advice would be to just go with the trend, you may like to buy low and sell high, that's fantastic, but sell high during downtrends and buy low during uptrends, always keep an eye on the main trend.

May 12, 2012 4:43pm — Edited

Quoting rockerhell

Disliked

.... My account already broke because Total Loss much more then the current balance. ....Nothing i can do right now because the market is closed ...

Ignored

Quoting rockerhell

Disliked

...What els els i should i know ?

Ignored

Just fund your account....and that will bring your knowledge to the next level.

May 12, 2012 5:58pm

Quoting mima

Disliked

Begging for opinion

Begging for advice

Just fund your account....

Ignored

Very clear u did not understand my sarcastic remarks at u 1.36 kid. Y am I calling 1.36 kid, u have been shouting 1.36 yet traded the opposite a while back. And I think this forum is to help others though some idiots would prefer to be sarcastic towards newbies. So for u n those traders who think u r more experienced than anyone else good luck to ur narrow minded obscure tiny brain who thinks u folks r the only intellectual beings around - grow up suckers.

May 12, 2012 6:10pm

Quoting rockerhell

Disliked

Should i close all the trades ?

Ignored

Rocker u should really consider using sl in future setting a large sl if ur account can't fund it is simply asking for trouble.

If situation in Greece n Spain r not going anywhere 1.29 barrier (still reported to have sovereign bidders) will be tested, likewise for 1.2875 but if 1.29 is broken during Sunday Asian market the bears is likely taking out .2875, so if you still want to keep ur long, which may be unwise, .2856 will be a better area. However the trade about forex is to bike the bullet n learn never expect a miracle. However if the idiots at Greece n Spain have some hopdium , there might be some north ( though unlikely at the moment). Hollander meeting with merkel are meeting next Tuesday so there might be some HOPE but will quickly reside back down. All the best

May 12, 2012 7:09pm

Rocker hell fibon can be drawn by anybody in any manner, that is if they sees a range that is not to what market does. Send me a message n I'll email u the fibon indicator I use, no need to draw urself - it calculates based on h4, daily, weekly n even the lower time frame, but u need to cross reference to h4 if u r only doing day trade n not trend over long time.
However I do see times where I will throw technicals away n simply follow the market. There will be a big swing after the German north state election tomorrow Sunday. If merkel lose, throw away technicals n trade south but if she does wins, big if, then expect crazy north

May 12, 2012 7:17pm

Quoting rockerhell

Disliked

Thnx Bro, i am spending all the time on readings. My account already broke because Total Loss much more then the current balance. I am sure my SL was to long like 3000 point which kills the account, it must be under 150-200 points. What happened happened, since last week i learned a lot which is v good. When i tested it, it worked that was the same reason i earned 47$ in 2 hours on Friday but it's not equals to my loss lol because it over 1k$. Nothing i can do right now because the market is closed but if it starts from the bottom ill close opened...

Ignored

150-200 pips are still too high, you should aim for max 30 pips or lower with small fund. I m not asking u to fund account like the idiot above but u need to have patience in entering a trade, several of ur trades posted were entered in desperate measures as they are neither resistance nor support lines

May 13, 2012 2:55am — Edited

Quoting rockerhell

Disliked

.... My account already broke because Total Loss much more then the current balance. ....Nothing i can do right now because the market is closed ...

Ignored

Quoting jonahky7

Disliked

Rocker u should really consider...ur account ...fund it ...

Ignored

Quoting jonahky7

Disliked

Rocker hell....Send me a message n I'll email u the fibon indicator I use, ...

Ignored

Private messages are better business then trading itself...

PeepPeep

May 13, 2012 2:24pm

Hi Rockerhell,

Just happened to see one of your trend lines chart.. You are just drawing trend lines on bottoms or tops of all candles (which seems to be wrong)... You have started directly on live account....
do this:
i) Understand technicals of charts a) Moving avg b) MACD c) Stochastics d) CCI e) RSI and mainly trendlines

ii) Understand money flow - Risk on/Risk on - US 10 yr yield - commodities movement etc
iii) Money management- Decide maximum size of the lot you can trade at a given time and fix the maximum drawdown you can afford for given account balance ( place a stop loss ) for this....

Though I am also a sort of newbie.. But this is all I can add for you....

chamoknet

May 11, 2012 12:12pm

Oh. NO!! i am in a fix ! i have a long !

kayla2011

May 11, 2012 4:53am

Looking @ my charts n cudnt find a reason as to y i shud buy eur... TP = 2850. 2800 by monday early trading.

explorer101

May 11, 2012 5:11am

the parasite EuroGbp formed triple bottom in 4Hr chat...

had made a long for this pair... Euro will be going up..

Sentiment is on the "HOPE"...

May 11, 2012 2:58am

Obviously to buy!!!

May 11, 2012 5:16am

weak offerers - EUR is still demanded ;]

Buy The Fucken Dip

May 11, 2012 1:29pm

Can you help me through this for the last time Plz if you can..

http://gamersworth.com/gallery/main.php?g2_itemId=1600&g2_imageViewsIndex=1

that is my account's status.

May 11, 2012 1:40pm

My account is going down again, these are all opened trades. can you help me to save it ? or no chance ?

May 11, 2012 1:56pm

close the 0.18 sell order then colse 1st 4 trades ?

May 11, 2012 2:00pm

ok, yea they are alone. what SL and Tp Should i use ? right now sell trade is closed

May 11, 2012 2:07pm

-57 to -59 for last 6 orders. leaving then without SL isn't it risky ?

May 11, 2012 2:09pm

Market is going down

May 11, 2012 2:23pm

http://gamersworth.com/gallery/main.php?g2_itemId=1604&g2_imageViewsIndex=1

That is what you asked.

May 11, 2012 2:24pm

36 mins untill closed.. :S

May 11, 2012 2:26pm

yea. USD base Instrument..

May 11, 2012 2:28pm

So what Should i do now ?

May 11, 2012 2:31pm

jaygee you there ? plz reply......I am pinned.

May 11, 2012 2:35pm

Should i close all the trades ?

May 11, 2012 2:37pm

Yes it will US account.

May 11, 2012 2:45pm

Quoting jaygee

Disliked

what time does your trading stop?

Ignored

20:44 Friday (BST) 16 mins remaining untill market closed.

May 11, 2012 2:50pm

after 10 mins on 21:00 British time

May 11, 2012 3:01pm

http://gamersworth.com/gallery/main.php?g2_itemId=1607&g2_imageViewsIndex=1

hehe !

May 12, 2012 1:55pm

http://gamersworth.com/gallery/main.php?g2_itemId=1612&g2_imageViewsIndex=1

1. Is that right what i drawn ?
2. Where is support and risistance ?
3. What els els i should i know ?

May 12, 2012 6:11pm — Edited

Quoting mima

Disliked

Just fund your account....and that will bring your knowledge to the next level.

Ignored

Hahahaha what a Retard! what kind of stupid are you ?

May 13, 2012 10:20am

mima nomore comments for you.

May 13, 2012 4:44pm

Bad, the makrket felt :S i lost 151$ by very starting of the market. (Since joined) Total P/L -1372$

May 13, 2012 4:45pm

Market going down to 1.26 ? so ill have some recovery.

May 13, 2012 5:04pm

The market has went that down before 23/01/2012...

tunera

May 11, 2012 2:58am

it doesn't exist such a thing like "enough" today

tunera

May 11, 2012 3:07am

offers mean that traders are willing to sell it (at 1.2930), but is just market talk i've no idea where this comes from

Trader#8C96

May 11, 2012 3:10am

We all know this is going to rally over the weekend and next week.. so you stupid shorts better stop fronting.. sorry you and your mother cant cause it to go down anymore.

Stay short and feel the pain in the squeeze.. its already starting.

vifer

May 11, 2012 3:23am

talking heads

Trader#EC63

May 11, 2012 3:31am

Don't read if you don't like em.

Quoting jonahky7

Disliked

highly possible

talking forex must change their name to farting forex

Oops I missed the pivot line for today at 1.29445, if nothing goes wrong north, this line should cap the pair quite well after 5hours below this line

Ignored

May 11, 2012 3:40am

Quoting joanahky7

Disliked

...talking forex must change their name to farting forex....

Ignored

same is for forexlive just forexlive pays you to advertise them...

May 11, 2012 1:34pm

hmmm, that's a pretty chart. get rid of the grid lines and where are your moving averages?

May 11, 2012 1:40pm

well no more trades for you rockerhell til you figure out wth is going on. ok dude, one trade at a time. buy the bottom and sell the top. not the other way around

May 11, 2012 1:42pm

well what is the sell order .18? it looks like that is all of the buy orders put together? and you are selling them all at a loss?

May 11, 2012 1:45pm

looks like your average is 1.300 dude.

May 11, 2012 1:51pm

first thing to do is pull that .18 sell order out. then forget the top 4 trades for now. pull the t/p's and s/l's out

May 11, 2012 1:55pm

yup, just what i said

May 11, 2012 1:58pm

no just close the sell order

May 11, 2012 1:59pm

leave the first 4 alone

May 11, 2012 2:02pm

none. remove all of the t/p and s/l. all of them. those are all bullshit. then average the last six buy orders and tell me what you have

May 11, 2012 2:11pm

what is the average? you have 2 that are .5's and 4 that are .1's. that is 14- .1's at what average total? whew dude, what a mess. risky is thinking those s'l's were doing you any good.

May 11, 2012 2:13pm

it's friday afternoon, it isn't going anywhere. put up a 5 minute chart and draw a horizontal line at 2918. what's the average?

May 11, 2012 2:18pm

no rockerhell, we are trying to figure out what your average trade price is so we can set a sell order with a profit. then we will set the s/l . the average is between 2960 and 70.

May 11, 2012 2:25pm

yup. is this a US account?

Trader#E36D

May 11, 2012 2:26pm

no SL means acount wiped out ...but you are already putting big SL .....never risk more than 2% of your capital in any trade and no more that 10% in all trades....trading is about risk management and once you master this and you have an edge (trading system : entry and exit and TP criteria).... you will be good .... as i told last time ....use a demo account and read some books before trading live .....you will realize this truth after your account is wiped out ....so better leave you money alone and start learning ...this is not gambling ....this a business and you have to have businessman mindset ...

May 11, 2012 2:26pm

btw your average is 2965 per .1 lot

May 11, 2012 2:34pm

rockerhell. chill man. its all good. IS THIS A US ACCOUNT?

May 11, 2012 2:38pm

no. you might close the first 4 though. if i can get you to answer the account question.

May 11, 2012 2:41pm

what time does your trading stop?

May 11, 2012 2:45pm

if the account is based in the US there are different rules then if it is based in britain. Pretty important.

May 11, 2012 2:49pm

put 1.2875 s/l in for all trades. what time does your trading stop?

May 11, 2012 2:50pm

you have a US account. different rules and you should be familiar with them. i have been waiting for buyers to come in late here but this pos is dead meat today

May 11, 2012 2:54pm

put s/l's in and close the first 2 trades at the last minute. they are toast. take the hit. put t/p's at 2980 on all of them now

May 11, 2012 2:57pm

here come a few buyers

May 11, 2012 3:06pm

if sunday opens higher, move the stops up a bit. little at a time. then if higher, move the tp's up.

May 11, 2012 3:07pm

then learn how to read a chart before you are broke. hehe!

May 11, 2012 4:11pm

in defunding mode now. one step at a time

Trader#5CA5

May 11, 2012 7:59pm

Rockerhell, if I were in your position, then based on what I have learned from my past three years of trading, I would close all trades now and count this as investment in your education (hope your living not depends on this money you trade?). Doctors pay for their school, too, right? And then, go back to your study desk and learn, learn, learn until you understand what your doing here. First, you need to learn basics, how charts are formed, what drives the charts, there are very strict rules in fact, every move has basis. With your charts, just bars and black grid screen, it is pure gamble, not trading. If you have no time for studying, follow this basic rule: if chart goes up, buy, if it goes down, sell. DO NOT TRY TO PREDICT TOPS OR BOTTOMS. IT DOES NOT WORK. And take small profits, I suggest 10 points, no more. You'll be very surprised how much 10 points actually add up at the end of day.

malalakas

May 12, 2012 9:30am

EUR = R.I.P @ 1.2600

Trader#20E5

May 12, 2012 11:35am

hi rotherhell

hey mate 1 thing that is vitally important to rembember when trading forex is your either buying of selling USD regardless of what currency pair you are trading. by studying usd and s and p futures markets you can gague market sentiment for strength of weakness in in USD.
peace love n forex

May 12, 2012 7:06pm

Quoting jonahky7

Disliked

Rocker u should really consider...ur account ...fund it ...

Ignored

Exactly...Just fund your account...

Connected

May 13, 2012 5:51am

meh.

...up or down...lets play (intraday) ball.

hss

May 13, 2012 6:09am

anyone with gold direction???

clockwork71

May 13, 2012 5:43pm

Quoting HuoLong

Disliked

it went down enough already, don't you think

Ignored

Not until it hits 0.00, where it belongs.

clockwork71

May 13, 2012 5:46pm

To all you newbie traders out there, this thread contains a great lesson about trading a live account before you understand what you are doing. Think about it.

Trader#D44C

May 11, 2012 3:03am

what they want to suggest us?

Trader#D2CF

May 13, 2012 12:34am