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  • #661,081
  • Jun 22, 2012 6:00am Jun 22, 2012 6:00am
Quoting KiwiTrada
her need clear 2538 bro, hold below, before I will micro manage, but like i post, is easier to leave my stop, because i have cover above,

for me ping pong in my zone normally allows me to pb offset sl risk and add another, but is Friday, not normally interested in trade fridays, was just got nice ride yesterday drop, just wish this pa was a tuesday ,
need decent drop to hold over weekend, or will close out trades,

is been a patient wait tonight

edit [i] watching kiwi now her going up to retest her little flag 30min...
I agree with you that we will go down, maybe in long term to 1.22, but dont you think today we will hit the Pivot point and then will fall heavily...
  • #661,082
  • Jun 22, 2012 6:01am Jun 22, 2012 6:01am
Quoting diggo
Yes. You're right.. Confidence was sky high after last week. I started off this week risking the same amount as last week but after the first 2 losses I started raising the stakes (kinda in a martingale style)
its important not to raise %.. Your % remains as your account grows/shrinks. if i had x amount today.. i would change it in a month. for instance 10 bucks on each 1000 at 1 %.. keep 10 bucks as a s/l for an entire month. the following month adjust up or down. do this each month.. have a set amount to lose for the month. have a set amount to win. if you lose the amount. step back for a while and wait for the next period. if you make your goal... trade less until the next cycle. its 90% mental.. i like to close a portion to pay for my s/l. this way w/o moving s/l i didn't lose.
those who can, do. those who cant, talk about those who can
  • #661,083
  • Jun 22, 2012 6:02am Jun 22, 2012 6:02am
Quoting mohan76
gappy very naughty , she missed my tp by 10 pip last night
bro you did pretty good I would have closed her and been very happy, next time mini, then full lot

check kiwi bro might be nice little trade shaping up, anywhere around 90 95 there a bit of nice resist about, and 7900 minor physc might help protect stop, can be pretty tight stop um gota go her getting close
If you are new to Forex? Say Goodbye to your account!!
  • #661,084
  • Jun 22, 2012 6:05am Jun 22, 2012 6:05am
Quoting Nickname
For today bigger is 'Big Four' meet in Rome, but if this one will be bad+german IFO+Moody s downgrades.....for me is better be aside for now
The markets have not really moved too fast or far despite the deluge of negative news over the last week or so.

Meeting in Rome may well be a game changer given that markets are sending signal that it is "put up, or shut up" time. Breakout seems more likely during NY session as LON traders appear to be sitting on their hands.
"The market can remain irrational longer than you can remain solvent"
  • #661,085
  • Jun 22, 2012 6:15am Jun 22, 2012 6:15am
2257 retested, but keeping a close eye on this one dont trust whats happening at the moment. divergence hasnt fully played out yet.

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  • #661,086
  • Edited 6:38am Jun 22, 2012 6:19am | Edited 6:38am
what a boring market...
  • #661,087
  • Edited 6:33am Jun 22, 2012 6:22am | Edited 6:33am
2561 should give 2609 x2 2665
-2518 should give 2473 x2 2428
last h closed below 2560 giving the edge slightly to the bears.
mid of the previous leg 2650 um 2661
those who can, do. those who cant, talk about those who can
  • #661,088
  • Jun 22, 2012 6:32am Jun 22, 2012 6:32am
Quoting KiwiTrada
bro you did pretty good I would have closed her and been very happy, next time mini, then full lot

check kiwi bro might be nice little trade shaping up, anywhere around 90 95 there a bit of nice resist about, and 7900 minor physc might help protect stop, can be pretty tight stop um gota go her getting close
Have you got a TP for this trade?

I am short 1 mini lot from 78.89
  • #661,089
  • Jun 22, 2012 6:32am Jun 22, 2012 6:32am
Quoting KiwiTrada
bro you did pretty good I would have closed her and been very happy, next time mini, then full lot

check kiwi bro might be nice little trade shaping up, anywhere around 90 95 there a bit of nice resist about, and 7900 minor physc might help protect stop, can be pretty tight stop um gota go her getting close
i thought about doing that but i love to see TP get hit
Mohan
  • #661,090
  • Jun 22, 2012 6:32am Jun 22, 2012 6:32am
the crab worked out
  • #661,091
  • Jun 22, 2012 6:33am Jun 22, 2012 6:33am
God this market is taking a toll on my confidence. Closing trades out early and hesitating entering trades.

FUCK!
  • #661,092
  • Jun 22, 2012 6:34am Jun 22, 2012 6:34am
suppose we can go short now?
  • #661,093
  • Jun 22, 2012 6:36am Jun 22, 2012 6:36am
feds.. lacker said inflation near goal..
those who can, do. those who cant, talk about those who can
  • #661,094
  • Jun 22, 2012 6:40am Jun 22, 2012 6:40am
Quoting Robst3r
suppose we can go short now?

wait for the us session to start
  • #661,095
  • Jun 22, 2012 6:40am Jun 22, 2012 6:40am
Quoting gatorinla
feds.. lacker said inflation near goal..
wat does that mean for eur/usd?
  • #661,096
  • Jun 22, 2012 6:41am Jun 22, 2012 6:41am
Quoting Esssex
God this market is taking a toll on my confidence. Closing trades out early and hesitating entering trades.

FUCK!
u closed ur shorts? reloaded?
  • #661,097
  • Jun 22, 2012 6:45am Jun 22, 2012 6:45am
Quoting pip_trader
wat does that mean for eur/usd?
it means what it does. you cant take a little news over the techs. it should mean a lessor chance of qe. that and 20$ will get you a small late at Starbucks.
those who can, do. those who cant, talk about those who can
  • #661,098
  • Jun 22, 2012 6:49am Jun 22, 2012 6:49am
what is today? crappy market day?
  • #661,099
  • Jun 22, 2012 6:51am Jun 22, 2012 6:51am
http://wahai.com/same-miez.png
Patience Pays
  • #661,100
  • Jun 22, 2012 6:53am Jun 22, 2012 6:53am
Quoting gatorinla
it means what it does. you cant take a little news over the techs. it should mean a lessor chance of qe. that and 20$ will get you a small late at Starbucks.
lol thats not much of a jump
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