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EURUSD

  • #664,281
  • Jul 3, 2012 3:11am Jul 3, 2012 3:11am
Quoting hlina9
holding a lot already
a lot isn't enough!!! Buy until you have "too much"!!!!!!!!!!
check out my blog: forexmademillionaire dot com
  • #664,282
  • Jul 3, 2012 3:12am Jul 3, 2012 3:12am
i have a buy open at 1.2601,should i close it,a suggestion wants from voucher member only ,thanks
Sometimes it's better to be wrong,to learn..
  • #664,283
  • Jul 3, 2012 3:14am Jul 3, 2012 3:14am
Quoting KiNgEdwarD
i have a buy open at 1.2601,should i close it,a suggestion wants from voucher member only ,thanks
cause those mean anything...
check out my blog: forexmademillionaire dot com
  • #664,284
  • Jul 3, 2012 3:15am Jul 3, 2012 3:15am
Quoting Geppy
a lot isn't enough!!! Buy until you have "too much"!!!!!!!!!!
I am short here from 1.2600
Attached Image (click to enlarge)
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TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #664,285
  • Jul 3, 2012 3:16am Jul 3, 2012 3:16am
Quoting Geppy
a lot isn't enough!!! Buy until you have "too much"!!!!!!!!!!
As much as I can feel comfortable....
  • #664,286
  • Jul 3, 2012 3:16am Jul 3, 2012 3:16am
Quoting KiNgEdwarD
i have a buy open at 1.2601,should i close it,a suggestion wants from voucher member only ,thanks
My suggestion is that you never take entry or exit signals from this board --

You should know when you enter at what price you were going to exit -- if we are below your exit price determined at entry....exit....else dont..

if you didnt have an exit price decided before you entered... consider doing that step next time...
  • #664,287
  • Jul 3, 2012 3:16am Jul 3, 2012 3:16am
Quoting sukkim
I am short here from 1.2600
nice price, but shouldn't you hide the weekend data?
"Study the past if you would define the future." Confucius
  • #664,288
  • Jul 3, 2012 3:18am Jul 3, 2012 3:18am
Quoting Crassius
My suggestion is that you never take entry or exit signals from this board --

You should know when you enter at what price you were going to exit -- if we are below your exit price determined at entry....exit....else dont..

if you didnt have an exit price decided before you entered... consider doing that step next time...
was going to exit at 2615 but it falls
Sometimes it's better to be wrong,to learn..
  • #664,289
  • Jul 3, 2012 3:20am Jul 3, 2012 3:20am
Quoting KiNgEdwarD
was going to exit at 2615 but it falls

Best practice is to have a price in mind you are going to exit with profit --- where you will book profit....

but also you should know before you enter where you will exit and take a loss...
  • #664,290
  • Jul 3, 2012 3:23am Jul 3, 2012 3:23am
7min left for GBP data.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #664,291
  • Jul 3, 2012 3:24am Jul 3, 2012 3:24am
Quoting KiNgEdwarD
was going to exit at 2615 but it falls
oh that's not bad, dude. You've officially risked more than you were hoping to gain... keep playing that way and you'll win on balance!
check out my blog: forexmademillionaire dot com
  • #664,292
  • Jul 3, 2012 3:24am Jul 3, 2012 3:24am
AUDUSD hits RBA movements low. Closed the EURUSD long and switched to risk-on.
"Study the past if you would define the future." Confucius
  • #664,293
  • Jul 3, 2012 3:31am Jul 3, 2012 3:31am
Quoting KiNgEdwarD
i have a buy open at 1.2601,should i close it,a suggestion wants from voucher member only ,thanks
as you know your are underwater

but despite how you got there your options are simple (bearing in mind your small target and therefore small timeframe)

1) close it, suck it up and move on
2) set a stop 1 pip below recent M5 low

don't waste a penny more than option 2.

now it's up to you.... it always was in fact
  • #664,294
  • Jul 3, 2012 3:33am Jul 3, 2012 3:33am
Gidday

Hows the gambling net junkies going

Been playing with EUR/GBP today,did ok.


EUR/US holding a small long,nice spike up would be good.

hopefully I can make some money back this week
  • #664,295
  • Jul 3, 2012 3:34am Jul 3, 2012 3:34am
Quoting eliteincome
Gidday

Hows the gambling net junkies going

Been playing with EUR/GBP today,did ok.


EUR/US holding a small long,nice spike up would be good.

hopefully I can make some money back this week
Of course, you can make money!
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #664,296
  • Jul 3, 2012 3:35am Jul 3, 2012 3:35am
Last week we were ranging anticipating the EuroMeetings at the end of the week. Well....today? What explains today's??
  • #664,297
  • Jul 3, 2012 3:38am Jul 3, 2012 3:38am
Quoting MaxDoom
as you know your are underwater

but despite how you got there your options are simple (bearing in mind your small target and therefore small timeframe)

1) close it, suck it up and move on
2) set a stop 1 pip below recent M5 low

don't waste a penny more than option 2.

now it's up to you.... it always was in fact
dont have any vouchers, but totally agree with Max. I would just put SL under 75
  • #664,298
  • Jul 3, 2012 3:40am Jul 3, 2012 3:40am
Inverted Head and Shoulder and bull flag on the 5 min chart. already triggered
  • #664,299
  • Jul 3, 2012 3:40am Jul 3, 2012 3:40am
Quoting Mr.MaginCole
Last week we were ranging anticipating the EuroMeetings at the end of the week. Well....today? What explains today's??
See This Post

Quoting Crassius
My plan for the day is to continue to look for short only entries. I think the June advance is corrective in nature, (still) and although the Summit hopium rally is impressive, it failed to take out the June monthly high, and we gave back half the rally as "the devil is in the details" aspects of the "deal" came to light yesterday.

Add to that extremely weak ISM numbers from the US... including the worst new orders number in over a decade... and a complete global slowdown picture comes increasingly into focus... not conducive...
..
  • #664,300
  • Jul 3, 2012 3:45am Jul 3, 2012 3:45am
Quoting Mr.MaginCole
Last week we were ranging anticipating the EuroMeetings at the end of the week. Well....today? What explains today's??
Today was a lovely day fishing
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