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EURUSD

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#646,121
May 22, 2012 2:10pm May 22, 2012 2:10pm

ksensei
| Joined Sep 2011 | Status: Trader | 33 Posts

Quoting mofu.Dnewbie

Disliked

live proof at http://www.forexfactory.com/mofu.dnewbie
take care people and trade smart. see you tomorrow.

Ignored

Hi

Why doyou cover the real balance and profit numbers.
I dont mean to break you privacy, but I think its easy to risk 200$ and be smart ass when it works then try and risk 10K.

I hope it make sense

"I am still learning" - Socrates

#646,122
Edited 2:19pm May 22, 2012 2:16pm | Edited 2:19pm

almo
| Joined Feb 2008 | Status: Suffering from Casandra syndrome | 1,384 Posts

Quoting ksensei

Disliked

Hi

Why doyou cover the real balance and profit numbers.
I dont mean to break you privacy, but I think its easy to risk 200$ and be smart ass when it works then try and risk 10K.

I hope it make sense

Ignored

If you look at the trades, he isn't holding for very long. Also , his leverage is at 66: 1 , which is not something that can be done in the States anymore.

He may have found something that can be used however....food for thought

**Edit *....my bad - I found where you can see where the trades were placed. He was in for 7 hrs on his trades.

#646,123
May 22, 2012 2:23pm May 22, 2012 2:23pm

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,414 Posts

Quoting -Melo-

Disliked

300%!!! Let me tell you a think my friend. In forex, if you can make 100% in a week, you can also loose 100% in a week. I think you should slow down, before you lose everything.

my 2 cents

Ignored

Sure , nothing works in forex ever all the time & very likely also, things to run in a very volatile environment with dump the old & welcome the new at the same time .
so, if not works any time or day may take the whole cash in a fraction of the such one day .
If anything works anytime ok but gambling does take all bet on the table ultimately.
Take care to dare such things.
fontu

Not understand?better not follow my analyses!doubt clearer first, risks ++

#646,124
May 22, 2012 2:27pm May 22, 2012 2:27pm

ksensei
| Joined Sep 2011 | Status: Trader | 33 Posts

Quoting almo

Disliked

If you look at the trades, he isn't holding for very long. Also , his leverage is at 66: 1 , which is not something that can be done in the States anymore.

Ignored

I know what you mean, but that is not my question.
My concern is if that is 300% of small 200$ account or something much larger. Way different emotions comes into play. Thats what I think anyway.

"I am still learning" - Socrates

#646,125
May 22, 2012 2:28pm May 22, 2012 2:28pm

almo
| Joined Feb 2008 | Status: Suffering from Casandra syndrome | 1,384 Posts

Quoting ksensei

Disliked

I know what you mean, but that is not my question.
My concern is if that is 300% of small 200$ account or something much larger. Way different emotions comes into play. Thats what I think anyway.

Ignored

Your absolutely right on this line of thinking.

#646,126
May 22, 2012 2:29pm May 22, 2012 2:29pm

Pipanator
| Joined Jun 2011 | Status: Keep It Simply Stupid | 356 Posts

How come we are seeing big moves tonight surley the market makers are not having a late Monday night? Any unexpected news?

Find your Favourite Pattern

#646,127
May 22, 2012 2:30pm May 22, 2012 2:30pm

neutral
| Joined Oct 2010 | Status: Trader | 172 Posts

Quoting neutral

Disliked

Reached 2720. Just have to play s/r now. Kind of late in the day now, but my next downside target is 2697. Might not get there today, and of course 2750 should provide decent resistance to any further upside.

Ignored

Next target is 2676

#646,128
May 22, 2012 2:30pm May 22, 2012 2:30pm

ThirdMan
| Joined Feb 2011 | Status: Trader | 379 Posts

Allright 1.2710 is gone so only down for now.

#646,129
May 22, 2012 2:37pm May 22, 2012 2:37pm

almo
| Joined Feb 2008 | Status: Suffering from Casandra syndrome | 1,384 Posts

Just posting this to show some of the newer traders why its important to trade with the trend

All of these are still open

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#646,130
May 22, 2012 2:38pm May 22, 2012 2:38pm

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,414 Posts

Quoting neutral

Disliked

Next target is 2676

Ignored

ok with breaks previous bottom 2642 ( may back up over it ) to 2613 around cretical area. breaks can target 1.2222 .kill daily & follow weekly now , so align H4 & h1 to go only .
Similarly look for the break gold 1567.70 for further down now or little later , next day !
fontu

Not understand?better not follow my analyses!doubt clearer first, risks ++

#646,131
May 22, 2012 2:40pm May 22, 2012 2:40pm

helendm
| Joined May 2012 | Status: Trader | 58 Posts

Quoting helendm

Disliked

Everyone going out

I have shorted at the double top neckline, i'm probably burning money?

Ignored

Going well until now, lol.

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#646,132
May 22, 2012 2:42pm May 22, 2012 2:42pm

neutral
| Joined Oct 2010 | Status: Trader | 172 Posts

Quoting fontu

Disliked

ok with breaks previous bottom 2642 ( may back up over it ) to 2613 around cretical area. breaks can target 1.2222 .kill daily & follow weekly now , so align H4 & h1 to go only .
fontu

Ignored

That would make things quite a bit easier. I have more of an area beyond 2676. 2640-2622 or so. But this will be a tricky area imo. Definitely a place to possibly bounce higher from, so personally I'll be very cautious around that area.

#646,133
May 22, 2012 2:45pm May 22, 2012 2:45pm

Johnny Bravo
| Joined Jan 2012 | Status: Trader | 379 Posts

back from the party...
1.27379 was broken...the next target is 1.26654, should hold it...

There are two opinions in this world, Mine and the wrong one...

#646,134
May 22, 2012 2:46pm May 22, 2012 2:46pm

ThirdMan
| Joined Feb 2011 | Status: Trader | 379 Posts

Okay cya you all have a good "safe" trading.. going to watch eurovison

. Bye

#646,135
May 22, 2012 2:47pm May 22, 2012 2:47pm

mv6
| Joined Apr 2007 | Status: Trader | 1,553 Posts

key support january low 1.2623 and psychological level 1.26

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More on my Blog...

#646,136
May 22, 2012 2:48pm May 22, 2012 2:48pm

mofu.Dnewbie
| Joined Feb 2011 | Status: Trader | 258 Posts

Quoting ksensei

Disliked

I know what you mean, but that is not my question.
My concern is if that is 300% of small 200$ account or something much larger. Way different emotions comes into play. Thats what I think anyway.

Ignored

that exactly is the reason why most people end up failures in forex. they let emotions such as greed, fear e.t.c overcome their better judgment. i trade without emotions. i follow my plan to the letter not withstanding the circumstances. you should try same.no matter how small your initial capital might be it will eventually become huge if you trade consistently profitably over a period of time

. i am a ruthless scalper & i never, ever allow even a ten pip profit escape me.if you take a look at your trading history you will find that all your negative trades were at one point or the other in profit with at least 10 pips. also count how many of your trades have ended up closed at break even. these trades where at one time in profit of at least 10 pips. so if you want to excel in this game with a guaranteed chance of success hit and run is the answer.my mentor turned a 5k account into 2.9mils in 12 months.(sounds impossible right?)