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AUD/USD

  • #46,801
  • Jun 11, 2012 9:23am Jun 11, 2012 9:23am
Quoting arcticpolar
=/ How much did you start with? live account?
3K
  • #46,802
  • Jun 11, 2012 9:26am Jun 11, 2012 9:26am
that's not too bad, but a lost is a lost. I have lost $7,000 once... if it makes it any better.
  • #46,803
  • Jun 11, 2012 9:28am Jun 11, 2012 9:28am
Quoting arcticpolar
that's not too bad, but a lost is a lost. I have lost $7,000 once... if it makes it any better.
I still have 0.01% left so I'm not completely gone just yet
  • #46,804
  • Jun 11, 2012 9:34am Jun 11, 2012 9:34am
Ha... losing 50% of your balance needs 100% to get back. losing 75% of our balance you need to get 400% to gain back your loss. losing 99.9% of your balance... I don't know how many % you need to get back your loss. 100000%?
  • #46,805
  • Jun 11, 2012 9:35am Jun 11, 2012 9:35am
Quoting arcticpolar
Ha... losing 50% of your balance needs 100% to get back. losing 75% of our balance you need to get 400% to gain back your loss. losing 99.6% of your balance... I don't know how many % you need to get back your loss. 100000%?
Hmm, can you calculate it and let me know?
  • #46,806
  • Jun 11, 2012 9:41am Jun 11, 2012 9:41am
Quoting Daytrader74
Hmm, can you calculate it and let me know?

Ha if you can go from 0.01% back to 3k... you are the best forex trader ever in forex history

You are a traded forex since 2009? how did a complete loss happen? your net profit should be a positive.... if not. there's no need to keep playing forex. it's so risky.
  • #46,807
  • Jun 11, 2012 9:46am Jun 11, 2012 9:46am
Quoting Daytrader74
I still have 0.01% left so I'm not completely gone just yet
Are you serious?..
  • #46,808
  • Jun 11, 2012 9:55am Jun 11, 2012 9:55am
Quoting Paulenok
Are you serious?..
Looks like someones deleting posts again...
FF journal: Peaks and Troffs
  • #46,809
  • Jun 11, 2012 10:02am Jun 11, 2012 10:02am
Quoting rafiqhidayat
This might be the last chance IMHO to go long. If the price doesn't breach parity in another try we might be looking at a one way street down south.

Might be wrong.
This could be the last chance for bulls to exit this downward elevator.
daddybearforex. com
  • #46,810
  • Edited 10:31am Jun 11, 2012 10:15am | Edited 10:31am
Quoting DaddyBear
This could be the last chance for bulls to exit this downward elevator.
DaddyBear when to enter?!?!?

entered a little at 0.99160 feels like a bad time to enter but eh.. just a little I guess
sl at 0.99500 tp .... actually to be safe. sl at 1.00500 tp 0.94800 o_O

actually should have entered when it breaks through friday's low before I enter.... seems more safe. It definitely can close the gap and then reverse back up the gap, let's hope not.
  • #46,811
  • Jun 11, 2012 10:39am Jun 11, 2012 10:39am
Quoting arcticpolar
DaddyBear when to enter?!?!?

entered a little at 0.99160 feels like a bad time to enter but eh.. just a little I guess
sl at 0.99500 tp .... actually to be safe. sl at 1.00500 tp 0.94800 o_O

actually should have entered when it breaks through friday's low before I enter.... seems more safe. It definitely can close the gap and then reverse back up the gap, let's hope not.
The resistance and supports are temporary pauses of market. I don't know how low this will go at this point. I don't think it is time to go long now. IMHO.
daddybearforex. com
  • #46,812
  • Jun 11, 2012 10:52am Jun 11, 2012 10:52am
Quoting DaddyBear
The resistance and supports are temporary pauses of market. I don't know how low this will go at this point. I don't think it is time to go long now. IMHO.
I should have waited if it pass the gap. it probable that the market would want to test the 1.0020 once more before it falls. Let's see how it goes. hopefully you're right. Currently I don't have my own opinion. I was wrong about the gap not closing... and it did.
  • #46,813
  • Jun 11, 2012 11:02am Jun 11, 2012 11:02am
Quoting arcticpolar
I should have waited if it pass the gap. it probable that the market would want to test the 1.0020 once more before it falls. Let's see how it goes. hopefully you're right. Currently I don't have my own opinion. I was wrong about the gap not closing... and it did.
Whether or not the gap would be closed won't change the preset path Aussie is going to walk through. Aussie's current PH scale is less than 7. So she is acidic now.
daddybearforex. com
  • #46,814
  • Jun 11, 2012 11:14am Jun 11, 2012 11:14am
it must be more acidic quickly... i don't wanna get a loss. would like to move my stop loss to my position to break even. i don't want to lose any on this trade, but it's still won't fall. pH of 1! plz!

what kind of resistance is this... in between pivot point and resistance level. when did friday's close became a resistance...
  • #46,815
  • Jun 11, 2012 11:44am Jun 11, 2012 11:44am
Quoting arcticpolar
it must be more acidic quickly... i don't wanna get a loss. would like to move my stop loss to my position to break even. i don't want to lose any on this trade, but it's still won't fall. pH of 1! plz!

what kind of resistance is this... in between pivot point and resistance level. when did friday's close became a resistance...
Aussie will test PH 0 or PH 1 before she moves up again. That's the way it is.
daddybearforex. com
  • #46,816
  • Edited 5:00pm Jun 11, 2012 12:19pm | Edited 5:00pm
Quoting DaddyBear
The painkiller given to Spain by Europe was not working well. The Euro dropped more than 130 pips from its session high at this point.
Wow! The Euro droped 190 pips from its session high after people got craze about Spain getting huge loan from Europe. Don't understand why those people bought this news. Now, Euro is heading to sub-parity.
daddybearforex. com
  • #46,817
  • Jun 11, 2012 12:45pm Jun 11, 2012 12:45pm
SCALP
Attached Image (click to enlarge)
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  • #46,818
  • Jun 11, 2012 12:56pm Jun 11, 2012 12:56pm
Quoting chazzle
SCALP
Why?
daddybearforex. com
  • #46,819
  • Jun 11, 2012 1:03pm Jun 11, 2012 1:03pm
Quoting chazzle
SCALP
STOPPED
Attached Image (click to enlarge)
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  • #46,820
  • Jun 11, 2012 1:04pm Jun 11, 2012 1:04pm
He read some divergence? RSI hit some levels? I'm too lazy to do that now. I'm with riding on this down trend... not really down yet. haha i'm only 20 pips down but it's a start. should have took that gap over the weekend and do what most people did. and bought down to cover the gap. if i did that. I'll be a millionaire!!! just kidding... lol

but instead... had like 100 pips... then lost 60 pips back... with only 40 pips profit o_O when I could have had 200+ by now. o_O At least i'm glad it's not a loss. ^^
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