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  • #657,021
  • Jun 14, 2012 10:03am Jun 14, 2012 10:03am
Quoting balanced2012
what tp ?

I bought at .2590 because of previous res. = new supp, and 5 min 21 ema as possible support in uptrend.
ideally i should've let it run with stop at 83 but i closed at 96.
Mainly because I already made ok pips today by going long earlier.
Never Trade without a defined risk, never, never, never.
  • #657,022
  • Jun 14, 2012 10:03am Jun 14, 2012 10:03am
Quoting NoobJJ
instead of being a boring day
Tonight is one of my most interesting day in my forex trading learning so far
The bulls are trying so hard and the majority are rushing into shorts
The importance of stand away and look..
maybe im wrong, but it could be a great lesson either way
Me too i see the battle on screen but i'm buyer
  • #657,023
  • Jun 14, 2012 10:05am Jun 14, 2012 10:05am
Quoting Meganathan
I put short on 1.25908. Please can any one comment it to hold or else close position.
should go back to 1.2570 be quite
  • #657,024
  • Jun 14, 2012 10:07am Jun 14, 2012 10:07am
Quoting Doomfor
LoL dude that is a fail trade. Try to break even. Or just dump it. But i think you can get 1.2599 1 more time. Than put short, but not like 10% of your account.
I was looking at the candles when I decided It could go up once again, no doji or hanging man or w/e... maybe I was wrong, but can you tell me what was your analysys of the charts to see it might be going down?

Thanks mate =)
  • #657,025
  • Jun 14, 2012 10:07am Jun 14, 2012 10:07am
Quoting speedoITrade
should go back to 1.2570 be quite
i think alike. Market will go down soon.
  • #657,026
  • Jun 14, 2012 10:07am Jun 14, 2012 10:07am
it may pullback steeply but buyers will buy again and again.
Never Trade without a defined risk, never, never, never.
  • #657,027
  • Jun 14, 2012 10:08am Jun 14, 2012 10:08am
Quoting Meganathan
I put short on 1.25908. Please can any one comment it to hold or else close position.
Put tight SL and wait, dont sclose it yet
I dont have to work with people I dont like
  • #657,028
  • Jun 14, 2012 10:10am Jun 14, 2012 10:10am
Sorry guys i am wrong in my calculation. I am new to Forex Trading. Please suggest me how to analysis high low breakup and demand & supply in trading Technique.
  • #657,029
  • Jun 14, 2012 10:10am Jun 14, 2012 10:10am
Quoting daltman
I was looking at the candles when I decided It could go up once again, no doji or hanging man or w/e... maybe I was wrong, but can you tell me what was your analysys of the charts to see it might be going down?

Thanks mate =)
the more we get closer to Sunday 17th June ( Greece poin of no return)
the more euro will fall !!

we will see !
  • #657,030
  • Jun 14, 2012 10:11am Jun 14, 2012 10:11am
Quoting FxGladiator
it may pullback steeply but buyers will buy again and again.


Selling is not the smart play today. Buying upon pullback is. My humble opinion.
Never Trade without a defined risk, never, never, never.
  • #657,031
  • Jun 14, 2012 10:14am Jun 14, 2012 10:14am
Quoting Meganathan
Sorry guys i am wrong in my calculation. I am new to Forex Trading. Please suggest me how to analysis high low breakup and demand & supply in trading Technique.
I can send u some links to study when I get a chance. PM me, if you like.
Never Trade without a defined risk, never, never, never.
  • #657,032
  • Jun 14, 2012 10:15am Jun 14, 2012 10:15am
Quoting FxGladiator
I can send u some links to study when I get a chance. PM me, if you like.
Please send me some links too just want to see it you know the opinions of others.
  • #657,033
  • Jun 14, 2012 10:19am Jun 14, 2012 10:19am
Phew, after a few ups and downs, I decided to put a TP at 1 pip above my BE point, and it hit, so now my day has been like this:

Short USDJPY from +4 pips
short EURUSD from -14 pips
EURUSD buy +7 pips
AUDUSD short for +7 pips
+5 pips on EURUSD buy
+1 pip on this last position.

That gives me +10 pips for the day. I think I´m gonna put my mind back in my dayjob =P

Maybe I´ll come back later. But trading with my iPhone is not my best call so far. =P
  • #657,034
  • Jun 14, 2012 10:19am Jun 14, 2012 10:19am
Quoting Meganathan
I put short on 1.25908. Please can any one comment it to hold or else close position.
its relatively safe, unless ur 1:400 .

ur within 10-40 pips from market is still ok, as long u know where u want to place ur stop.

Whats ur target? scalp or ?
  • #657,035
  • Jun 14, 2012 10:20am Jun 14, 2012 10:20am
Quoting Trader2000
Please send me some links too just want to see it you know the opinions of others.
ok
Never Trade without a defined risk, never, never, never.
  • #657,036
  • Jun 14, 2012 10:20am Jun 14, 2012 10:20am
Quoting Meganathan
I put short on 1.25908. Please can any one comment it to hold or else close position.
This is hard to trade, but why put on a trade if you don't know. At least have a reason for doing so whether right or wrong.
  • #657,037
  • Jun 14, 2012 10:23am Jun 14, 2012 10:23am
looks bullish to me.
  • #657,038
  • Jun 14, 2012 10:24am Jun 14, 2012 10:24am
Looks like market is waiting for sell orders to pile up so it can hunt their stops
Never Trade without a defined risk, never, never, never.
  • #657,039
  • Jun 14, 2012 10:26am Jun 14, 2012 10:26am
Bulls secure, SP500 still up, bulls waiting reinforcements
  • #657,040
  • Jun 14, 2012 10:26am Jun 14, 2012 10:26am
the current market is just making noise , hope you guys can be patient about it.
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