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EURUSD

  • #647,781
  • May 25, 2012 7:14am May 25, 2012 7:14am
Quoting GTRudeBoy84
Darn it, I knew I should have held my long. F*ck me
Tell me about it.
"Trading: the hardest easy money you're going to earn." -Mark Douglas.
  • #647,782
  • May 25, 2012 7:14am May 25, 2012 7:14am
Quoting jajano
lol, my h1 chart close right at 1.25330
my broker closed just -1pips short at 1.2532..anyway have been shorting her all day and keep looking for better shorts...cheers
Imanuel Parsifal
  • #647,783
  • May 25, 2012 7:17am May 25, 2012 7:17am
Quoting sharpee
i close my long for a 25% loss on my entire account.. Poor money management and fucked up trades.. Im taking the rest of my 75% and taking a break from this market till im ready again.
it was bound to happen..how you humans see a sinking ship and try to keep it afloat with 1 life jacket baffles me...one look at an hrly or 4rly chart for the week and you wont need anyone telling you what to do..cheers mate
Imanuel Parsifal
  • #647,784
  • May 25, 2012 7:20am May 25, 2012 7:20am
Quoting Sharpee
I close my long for a 25% loss on my entire account.. Poor money management and fucked up trades.. im taking the rest of my 75% and taking a break from this market till im ready again.
Money Management dude...

go back to demo before hitting real money
  • #647,785
  • May 25, 2012 7:20am May 25, 2012 7:20am
Quoting Sharpee
I close my long for a 25% loss on my entire account.. Poor money management and fucked up trades.. im taking the rest of my 75% and taking a break from this market till im ready again.
just take a breather until Tuesday...then only trade 0.01 lots or if your with Oanda, the smallest amount they will let you (which I believe is literally a penny)

the MM will come from experience - and you can't get that if your not trading.
  • #647,786
  • May 25, 2012 7:21am May 25, 2012 7:21am
Ok, I'm out. be back on monday, green pips to ya'll and a nice week-end :*
Please, just slap me around if I'm being silly ...
  • #647,787
  • May 25, 2012 7:22am May 25, 2012 7:22am
Quoting Sharpee
I close my long for a 25% loss on my entire account.. Poor money management and fucked up trades.. im taking the rest of my 75% and taking a break from this market till im ready again.

25% of your account on a single trade? Risky business indeed.
"Trading: the hardest easy money you're going to earn." -Mark Douglas.
  • #647,788
  • May 25, 2012 7:26am May 25, 2012 7:26am
Quoting Kamui
Tell me about it.
Profit is always good. But I could have hit my target of 1.2540.
  • #647,789
  • May 25, 2012 7:27am May 25, 2012 7:27am
Quoting Kamui
25% of your account on a single trade? Risky business indeed.
can easily happen if your a newbies who has had consistent losse,you tend to want to recover them alll.expecially if your reading post in forums like this,where lots of peole are scream its going to reverse,it cant keep going down forever...it then sound like this is your big chance to break even...cheers
Imanuel Parsifal
  • #647,790
  • May 25, 2012 7:31am May 25, 2012 7:31am
Quoting Sharpee
I close my long for a 25% loss on my entire account.. Poor money management and fucked up trades.. im taking the rest of my 75% and taking a break from this market till im ready again.
Simple no more than 5% of your capital per day loss + no more than 1% of your account size SL Yesterday I made 12(!) trades that hit my SL for total loss 0f 4.5% of my capital, I never risked more than 1% SL and came back up today with just two trades - MM is a must mate, loss is a part of the game it'll be always out there so bother no more, have a good time with your mates and come back when you're ready
swing it!
  • #647,791
  • May 25, 2012 7:32am May 25, 2012 7:32am
Quoting almo
I would have thought that as well Chicky, but I just came across this

http://www.nytimes.com/2012/05/26/bu...p-it.html?_r=1



Not sure if there is going to be a massive run on the banks coming, if it hasn't already happened.
The Greek problem is the problem that EU itself created by not accepting Turkey as a Euro currency country. Let them deal with it now. Greece leaving Euro will double their problem.
The Thief of Wall Street
  • #647,792
  • May 25, 2012 7:34am May 25, 2012 7:34am
Quoting Chicky
The Greek problem is the problem that EU itself created by not accepting Turkey as a Euro currency country. Let them deal with it now. Greece leaving Euro will double their problem.
turkey would have taken euro below parity
Mohan
  • #647,793
  • May 25, 2012 7:35am May 25, 2012 7:35am
Quoting GTRudeBoy84
Profit is always good. But I could have hit my target of 1.2540.
I went long as soon as i saw that big ** doji on the 15M but placed my stop to narrow and well, got Stopped out.

"You lose some and win some, as long as the outcome is income" -Drake.
"Trading: the hardest easy money you're going to earn." -Mark Douglas.
  • #647,794
  • May 25, 2012 7:35am May 25, 2012 7:35am
Quoting Chicky
The Greek problem is the problem that EU itself created by not accepting Turkey as a Euro currency country. Let them deal with it now. Greece leaving Euro will double their problem.
  • #647,795
  • May 25, 2012 7:38am May 25, 2012 7:38am
Quoting Kamui
I went long as soon as i saw that big ** doji on the 15M but placed my stop to narrow and well, got Stopped out.

"You lose some and win some, as long as the outcome is income" -Drake.
Yea, I'm just watching now.
  • #647,796
  • May 25, 2012 7:40am May 25, 2012 7:40am
Quoting almo
just take a breather until Tuesday...then only trade 0.01 lots or if your with Oanda, the smallest amount they will let you (which I believe is literally a penny)

the MM will come from experience - and you can't get that if your not trading.
actually you can do 1/10 of 1 penny---1 unit
  • #647,797
  • May 25, 2012 7:41am May 25, 2012 7:41am
Quoting Sharpee
I close my long for a 25% loss on my entire account.. Poor money management and fucked up trades.. im taking the rest of my 75% and taking a break from this market till im ready again.
It is better to risk 25% of your account on 25 trades than a single trade.
You only risk more than 1% of your account when trading longer term with all fundamentals and price in your favor.
The Thief of Wall Street
  • #647,798
  • May 25, 2012 7:44am May 25, 2012 7:44am
Quoting Chicky
The Greek problem is the problem that EU itself created by not accepting Turkey as a Euro currency country. Let them deal with it now. Greece leaving Euro will double their problem.
the thing is not accepting turkey into the bloc..once in there and they start leaning on the euro econs power they soon loose there individual bouyancy,moreover they are scare about turkish policies,which can least be influenced from outside,and will affect the currency..lots of politics was involved...its only flaring up now because its blown right in there face and the Germans are tired of Family meetings...CHEERS
Imanuel Parsifal
  • #647,799
  • May 25, 2012 7:44am May 25, 2012 7:44am
looks pa going for 2480 , in protest i am heading to bed
Mohan
  • #647,800
  • May 25, 2012 7:45am May 25, 2012 7:45am
some eu scalps...

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