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EURUSD

  • #666,061
  • Jul 6, 2012 4:53am Jul 6, 2012 4:53am
Quoting shmandi
still hanging in there?
86 gonna trigger soon otherwise 56
Sometimes it's better to be wrong,to learn..
  • #666,062
  • Jul 6, 2012 4:54am Jul 6, 2012 4:54am
Quoting shmandi
still hanging in there?
Yes missed the TP at 75 SL at 02
  • #666,063
  • Jul 6, 2012 4:57am Jul 6, 2012 4:57am
Quoting cairnsome
Yes missed the TP at 75 SL at 02
no problem. you got another chance now
  • #666,064
  • Jul 6, 2012 5:00am Jul 6, 2012 5:00am
Finland's Finance Minister said they would consider leaving Euro instead of paying of debts of other countries.
  • #666,065
  • Jul 6, 2012 5:02am Jul 6, 2012 5:02am
closed remaining half at 75
  • #666,066
  • Jul 6, 2012 5:05am Jul 6, 2012 5:05am
Quoting shmandi
closed remaining half at 75
and opened long
sl just below
  • #666,067
  • Jul 6, 2012 5:05am Jul 6, 2012 5:05am
Quoting shmandi
closed remaining half at 75
Closed at 735
  • #666,068
  • Jul 6, 2012 5:07am Jul 6, 2012 5:07am
Quoting shmandi
and opened long
sl just below
sl got hit
  • #666,069
  • Jul 6, 2012 5:07am Jul 6, 2012 5:07am
s1, im coming
  • #666,070
  • Jul 6, 2012 5:08am Jul 6, 2012 5:08am
Quoting shmandi
and opened long
sl just below

sl got hit

you *cant* be making money trading like that...... ?
Not on the rug!
  • #666,071
  • Jul 6, 2012 5:09am Jul 6, 2012 5:09am
we have some kind of falling range here. no real movement. time for a break
  • #666,072
  • Jul 6, 2012 5:10am Jul 6, 2012 5:10am
Quoting PooOnTheRug
you *cant* be making money trading like that...... ?
trading like what?
  • #666,073
  • Jul 6, 2012 5:10am Jul 6, 2012 5:10am
Quoting tomspin
you don't want to be part of 90% retail market as they are usually on the wrong side of trade
Mike Boutros from DailyFx came up with a chart once, that actually said that most retail traders on the EURUSD were right with the direction of their entries, but lost money only because of trade mismanagement (closing trades too early). The underlying data came from FXCM btw.
  • #666,074
  • Jul 6, 2012 5:11am Jul 6, 2012 5:11am
Quoting shmandi
trading like what?
opening a short, closing after 5-6 pip move in one direction, then switching, going long cos you see a bit of green for a few minutes...?

each to their own..
Not on the rug!
  • #666,075
  • Jul 6, 2012 5:12am Jul 6, 2012 5:12am
Quoting PooOnTheRug
you *cant* be making money trading like that...... ?
well...i just made 18 pips and gave 4 back. no big deal. it seemed like a good reversal point, just entered little too early.
  • #666,076
  • Jul 6, 2012 5:12am Jul 6, 2012 5:12am
Quoting pip_trader
Finland's Finance Minister said they would consider leaving Euro instead of paying of debts of other countries.
In addition to what you said;

Greek government only able to collect €630M of €13.2B (4.77%) in court ordered tax fines.
  • #666,077
  • Jul 6, 2012 5:12am Jul 6, 2012 5:12am
Quoting shmandi
well...i just made 18 pips and gave 4 back. no big deal. it seemed like a good reversal point, just entered little too early.

fair enough.
Not on the rug!
  • #666,078
  • Jul 6, 2012 5:16am Jul 6, 2012 5:16am
Quoting PooOnTheRug
fair enough.
watching charts and waiting for perfect setups sometimes makes me nerves and then i make mistakes. being in the market with small trades keeps me calm while waiting for good setups to come
  • #666,079
  • Jul 6, 2012 5:18am Jul 6, 2012 5:18am
Quoting shmandi
watching charts and waiting for perfect setups sometimes makes me nerves and then i make mistakes. being in the market with small trades keeps me calm while waiting for good setups to come

as i say, each to their own.. As far as my trading is concerned this chart is currently a flat line, will be waiting for the nfp news to enter
Not on the rug!
  • #666,080
  • Jul 6, 2012 5:22am Jul 6, 2012 5:22am
Quoting PooOnTheRug
opening a short, closing after 5-6 pip move in one direction, then switching, going long cos you see a bit of green for a few minutes...?

each to their own..
The current price zone does look like demand zone to me if you notice the 1H chart. Dont see anything wrong with a long here imo

Cheers
Fall seven times, stand up Eight! #GGMU
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