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EURUSD

  • #646,821
  • May 23, 2012 11:05pm May 23, 2012 11:05pm
Quoting Price
60 down with 200 to go ??

He needs to ask what to do ??

F' that. We're in a tight range just now. He's only 20 pips away from knowing he needs to get the hell out before it turns to disaster
hey !! Would you like to guide me that what should i do now because i lost my 120 pips in these 3 days now i want to recover so please tell me some directions if you can ?
  • #646,822
  • May 23, 2012 11:10pm May 23, 2012 11:10pm
Quoting Chicky
112 people here but just one question, let's see if I get a wise answer.

Just received a PM, someone is heavily long on Euro and losing fast. Margin call 200 pips away.

What are the options?
my hard learned lesson says , if some one have more than $100k they should reduce leverage to 10 or less
Mohan
  • #646,823
  • May 23, 2012 11:15pm May 23, 2012 11:15pm
Quoting Chicky
Thanks guys.


I hope that would help.
Wait a minute Chicky.... that's not your account is it ??



HaHAhhahaaa I kid
  • #646,824
  • May 23, 2012 11:15pm May 23, 2012 11:15pm
Quoting mohan76
my hard learned lesson says , if some one have more than $100k they should reduce leverage to 10 or less
are you watching brit prs bro her is very close my 2nd daily target
If you are new to Forex? Say Goodbye to your account!!
  • #646,825
  • May 23, 2012 11:17pm May 23, 2012 11:17pm
Quoting Price
Wait a minute Chicky.... that's not your account is it ??



HaHAhhahaaa I kid
LOL
  • #646,826
  • May 23, 2012 11:18pm May 23, 2012 11:18pm
Quoting Price
Wait a minute Chicky.... that's not your account is it ??



HaHAhhahaaa I kid
I don't have that big an account........................... If I had, would be risking 0.01% to 0.03% per trade and as many trades as possible.
The Thief of Wall Street
  • #646,827
  • May 23, 2012 11:18pm May 23, 2012 11:18pm
Quoting Fahad.pk91
hey !! Would you like to guide me that what should i do now because i lost my 120 pips in these 3 days now i want to recover so please tell me some directions if you can ?
That's kinda like standing at the plate facing a world series pitcher and waiting for someone to tell you to swing
  • #646,828
  • May 23, 2012 11:19pm May 23, 2012 11:19pm
Quoting KiwiTrada
are you watching brit prs bro her is very close my 2nd daily target
support?
  • #646,829
  • May 23, 2012 11:20pm May 23, 2012 11:20pm
Quoting Fahad.pk91
hey !! Would you like to guide me that what should i do now because i lost my 120 pips in these 3 days now i want to recover so please tell me some directions if you can ?
Recover in small amounts. It will take some time but is the only way to do it. The moment you lost your patience, your account will be gone........... Trust me.
The Thief of Wall Street
  • #646,830
  • May 23, 2012 11:20pm May 23, 2012 11:20pm
Quoting Fahad.pk91
hey !! Would you like to guide me that what should i do now because i lost my 120 pips in these 3 days now i want to recover so please tell me some directions if you can ?
Stop, go out have a coffee break and look at your trading plan again.

If you don't have one, close your live account and go demo one. Take it as a tuition fee you got to pay to learn.
  • #646,831
  • May 23, 2012 11:23pm May 23, 2012 11:23pm
Sorry Chicky EUR/JPY and not Aus/Jpy. Typo error. my bad.
  • #646,832
  • May 23, 2012 11:23pm May 23, 2012 11:23pm
Quoting traderjai_inhi
Easy, just tell us what the best flavor of ice cream is. That way we can tell you what the best indicator for mt4 is!

well which do you use traderjai? and why? I am noob
  • #646,833
  • Edited 11:25pm May 23, 2012 11:24pm | Edited 11:25pm
Quoting FXMajor
Today favour long if EU manage to kiss 2561 good bye before heading 2762.
Euro bund and Dollar index pointing down. DAX and S&P future is pointing up.

Attachment
Market rejected 2563(2 pips shorts of my call). This is the 4th recent rejection forming double bottom. Train is leaving the station.
  • #646,834
  • May 23, 2012 11:25pm May 23, 2012 11:25pm
I am looking at 82 - 04 - 38

But correlation is in a mess so I am not sure if it is going to be moving up or down.
  • #646,835
  • May 23, 2012 11:25pm May 23, 2012 11:25pm
Quoting scalperdebes
Sorry Chicky EUR/JPY and not Aus/Jpy. Typo error. my bad.
LOL. It doesn't matter now. I don't intend to revisit the venue in days............. counting my booty. I took that scalp on Aud/USD. I stay away from JPY.............. far away.
The Thief of Wall Street
  • #646,836
  • May 23, 2012 11:28pm May 23, 2012 11:28pm
is resistance right now 1.2605? Likelihood of breaking that?
  • #646,837
  • May 23, 2012 11:30pm May 23, 2012 11:30pm
Quoting quidproquo
is resistance right now 1.2605? Likelihood of breaking that?
82 first before 05. It needs to break out of range.
  • #646,838
  • May 23, 2012 11:31pm May 23, 2012 11:31pm
Quoting Esssex
Stop, go out have a coffee break .....
A cup of nice coffee with cinnamon danish. Life is sooooooooo beautiful.......................... only if you keep your position sizes small........ very small.
The Thief of Wall Street
  • #646,839
  • May 23, 2012 11:33pm May 23, 2012 11:33pm
Quoting Chicky
A cup of nice coffee with cinnamon danish. Life is sooooooooo beautiful.......................... only if you keep your position sizes small........ very small.
But not always.............. my long pending order just got filled.
The Thief of Wall Street
  • #646,840
  • May 23, 2012 11:35pm May 23, 2012 11:35pm
Quoting Chicky
But not always.............. my long pending order just got filled.
Meh, mine too but 82 won't give way that easily makes me wonder if I should have set it 1 level above 82 instead of pip perfect 82.
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