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EURUSD

  • #673,441
  • Jul 31, 2012 12:14am Jul 31, 2012 12:14am
Bye Bye 750
"It's the Margin, Stupid."
  • #673,442
  • Jul 31, 2012 12:16am Jul 31, 2012 12:16am
I was looking at this chart, what a symmetric drawing will be if she goes back to test the low..
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 66 KB
"Men who can both be right and sit tight are uncommon."
  • #673,443
  • Jul 31, 2012 12:18am Jul 31, 2012 12:18am
Quoting Vachus
Bye Bye 750
lol yeah
  • #673,444
  • Jul 31, 2012 12:19am Jul 31, 2012 12:19am
EU I'm Long 1.2259 sl ...mental but tight . target 2354
  • #673,445
  • Jul 31, 2012 12:20am Jul 31, 2012 12:20am
strong support at 1.2260 it seems
  • #673,446
  • Jul 31, 2012 12:23am Jul 31, 2012 12:23am
Quoting letscry
strong support at 1.2260 it seems
It won't hold
"It's the Margin, Stupid."
  • #673,447
  • Jul 31, 2012 12:25am Jul 31, 2012 12:25am
Long @ 1.2266
Long @ 1.5697

edit, sorry price achieved 1.5698
  • #673,448
  • Jul 31, 2012 12:29am Jul 31, 2012 12:29am
Quoting MaxDoom
you are perfectly entitled to you narrow minded view

once thing I can assure you of, is that with such narrow mindedness you will never make any money trading
We all have our own preferred methods of trading. Personally, I am reviewing and evolving my own strategies constantly and try to learn from those traders who have more experience than me.
  • #673,449
  • Jul 31, 2012 12:29am Jul 31, 2012 12:29am
Quoting riprider
EU I'm Long 1.2259 sl ...mental but tight . target 2354
mental Stop Loss ??? dodgy !!

Do you not have one?

Even if it is below where you want it ??

What happen if major spike or major news ??

terrorist attack creates mass panic ??

always worth having just in case
  • #673,450
  • Jul 31, 2012 12:46am Jul 31, 2012 12:46am
i am back from rest , we have lot of red data but dax very green and eu also bounced employment data leaked ?

i hope they did not released it already
Mohan
  • #673,451
  • Jul 31, 2012 12:47am Jul 31, 2012 12:47am
Quoting Dayboy001
mental Stop Loss ??? dodgy !!

Do you not have one?

Even if it is below where you want it ??

What happen if major spike or major news ??

terrorist attack creates mass panic ??

always worth having just in case
you right ...I should put one in.

I looked at your thread a few weeks ago ...good stuff !
  • #673,452
  • Jul 31, 2012 12:51am Jul 31, 2012 12:51am
Quoting riprider
you right ...I should put one in.

I looked at your thread a few weeks ago ...good stuff !
Manual stops also have a habit of MOVING !!
  • #673,453
  • Jul 31, 2012 12:53am Jul 31, 2012 12:53am
Quoting Dayboy001
Manual stops also have a habit of MOVING !!
SL set at 49
  • #673,454
  • Jul 31, 2012 12:54am Jul 31, 2012 12:54am
Quoting Dayboy001
Long @ 1.2266
Long @ 1.5697

edit, sorry price achieved 1.5698
missed opportunity to take + 14 on EUR, looked like GBP was going to pop(but didn't)

Guess I am going to pay for that mistake.
  • #673,455
  • Jul 31, 2012 12:56am Jul 31, 2012 12:56am
Fair play to those managing to trade this week, bit hard for a part time trader like myself when we are stuck in a tight range. There is a lot of sitting on hands at the moment, waiting for the Fed & ECB to make their moves

I think we'll see some seriously violent moves tomorrow after the FOMC statement
  • #673,456
  • Jul 31, 2012 12:58am Jul 31, 2012 12:58am
Quoting bennyblanco
Fair play to those managing to trade this week, bit hard for a part time trader like myself when we are stuck in a tight range. There is a lot of sitting on hands at the moment, waiting for the Fed & ECB to make their moves

I think we'll see some seriously violent moves tomorrow after the FOMC statement

like you say the problem is that you are part time - we actually had 150 pip range yesterday
  • #673,457
  • Jul 31, 2012 1:02am Jul 31, 2012 1:02am
Quoting Dayboy001
missed opportunity to take + 14 on EUR, looked like GBP was going to pop(but didn't)

Guess I am going to pay for that mistake.
A sensible person would be re-loading for another +15 but not me.

I am still stuck in the same trade.
  • #673,458
  • Jul 31, 2012 1:02am Jul 31, 2012 1:02am
looking to sell Eur/usd below 1.2220
  • #673,459
  • Jul 31, 2012 1:05am Jul 31, 2012 1:05am
broker freed :
DEUTSCHE BANK SAYS FX TRADING REVENUES DROP ON LOWER MARGINS

retailers getting smarter
Mohan
  • #673,460
  • Jul 31, 2012 1:06am Jul 31, 2012 1:06am
Quoting StephanusR
There is no such thing as 'wave trends' - Elliot theory is Popper unfalsifiable. It is all fundamentals, euro will go up/down on fundamentals.


looking at his posts he has started a number of threads to post his live trades which die out after about 4 posts, claims zero % draw down....etc etc.

and lists himself as..... wait for it it is the best bit......

Professional
Forex
Technical
Day Trader

see it here http://stocktwits.com/stephanusR

yep that's right folks a professional TECHNICAL day trader - not sure how that fits with "It is all fundamentals, euro will go up/down on fundamentals"

another wannabe

lmao
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