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  • #678,401
  • Aug 10, 2012 4:36am Aug 10, 2012 4:36am
Quoting blackjacker
It's possible but we need Dragshit or Bearnanke to pull the trigger.
Yeah pretty much

or any sort of hopium rumor like the one we saw on June 29th
Be hopeful in a winning position, and fearful in a losing position.
  • #678,402
  • Aug 10, 2012 4:37am Aug 10, 2012 4:37am
Quoting ramy85
I have been kissed by Sl. i have lost $ 500 in this trade
now i'm short 1.2273 ,tp 1.1970 sl. 1.2283
fatal trade i'm gonne use all my margin in this trade to compensate the loss.
possible from 2220 bounce to 2300- 2400 Keep your eyes open
More on my Blog...
  • #678,403
  • Aug 10, 2012 4:37am Aug 10, 2012 4:37am
look at that, as soon as it breaks 70 it goes down, thats ridiculously awesome

edit: daily pivot 2252 looking really good right about now

lets get through 226
  • #678,404
  • Aug 10, 2012 4:41am Aug 10, 2012 4:41am
Quoting Rag2RichesFX
I agree
Seems some selling already started, a bit suspicious of premature move, could be dipping. Patiently waiting hourly close, it's Friday.
They think they are smarter than I am.
  • #678,405
  • Aug 10, 2012 4:43am Aug 10, 2012 4:43am
Die 2260
Be hopeful in a winning position, and fearful in a losing position.
  • #678,406
  • Aug 10, 2012 4:44am Aug 10, 2012 4:44am
is that all the gas she has?
  • #678,407
  • Aug 10, 2012 4:44am Aug 10, 2012 4:44am
Quoting Z3iz3i
Seems some selling already started, a bit suspicious of premature move, could be dipping. Patiently waiting hourly close, it's Friday.
Down to 2220 and let NY take profit going into close today.

Bounce and maybe a close battle for 2287 which seems to happen a lot lately at the end of the week

But could be premature, hourly is definitely important
Be hopeful in a winning position, and fearful in a losing position.
  • #678,408
  • Aug 10, 2012 4:44am Aug 10, 2012 4:44am
Quoting mv6
possible from 2220 bounce to 2300- 2400 Keep your eyes open
so much margin on one trade. its risky. I suggest you to use light risk today. liquidity is low today. u may not get dramatic moves.
  • #678,409
  • Aug 10, 2012 4:45am Aug 10, 2012 4:45am
Quoting ramy85
I have been kissed by Sl. i have lost $ 500 in this trade
now i'm short 1.2273 ,tp 1.1970 sl. 1.2283
fatal trade i'm gonne use all my margin in this trade to compensate the loss.
Your leverage will not help u at all, even if u do tp, the probability is too slim compared to hitting your stop loss.

If u said 1.2273, tp 1.2250, ur probability would be higher, u are just gambling.

if u had shorted 1.2440 at high point, maybe that's a favorable location from the chart, u could speculate like that, but u are way too off the probability chances.

1.19 is a far way to go with 10 pips stop, u can be eliminated anytime.

I have seen many like u losing money for free into the market. Vengeance at the market get you nowhere. It's just a matter of time u blow another account.
  • #678,410
  • Aug 10, 2012 4:45am Aug 10, 2012 4:45am
Quoting ramy85
I have been kissed by Sl. i have lost $ 500 in this trade
now i'm short 1.2273 ,tp 1.1970 sl. 1.2283
fatal trade i'm gonne use all my margin in this trade to compensate the loss.
you guys trade with such capital? or you have a poor leverage?
  • #678,411
  • Aug 10, 2012 4:48am Aug 10, 2012 4:48am
More than thrice this month i've been caught out Counter-trending. Its a bad habit which I keep saying I will stop and then wake up and do it the next day. Its so tempting its like smoking. You dont know why you do it and it sucks but you do it.
  • #678,412
  • Aug 10, 2012 4:49am Aug 10, 2012 4:49am
Quoting 5percent
Your leverage will not help u at all, even if u do tp, the probability is too slim compared to hitting your stop loss.

If u said 1.2273, tp 1.2250, ur probability would be higher, u are just gambling.

if u had shorted 1.2440 at high point, maybe that's a favorable location from the chart, u could speculate like that, but u are way too off the probability chances.

1.19 is a far way to go with 10 pips stop, u can be eliminated anytime.

I have seen many like u losing money for free into the market. Vengeance at the market get you nowhere. It's...
may be the advice could have been given in better words. Please don't demoralise him. he has already lost 500 dollars which is huge for retail trader on one trade.
  • #678,413
  • Aug 10, 2012 4:50am Aug 10, 2012 4:50am
Quoting 5percent
Your leverage will not help u at all, even if u do tp, the probability is too slim compared to hitting your stop loss.

If u said 1.2273, tp 1.2250, ur probability would be higher, u are just gambling.

if u had shorted 1.2440 at high point, maybe that's a favorable location from the chart, u could speculate like that, but u are way too off the probability chances.

1.19 is a far way to go with 10 pips stop, u can be eliminated anytime.

I have seen many like u losing money for free into the market. Vengeance at the market get you...
Agree. The erratic moves of the pair will kick u out in 5 min
  • #678,414
  • Aug 10, 2012 4:51am Aug 10, 2012 4:51am
Quoting Nachiket
so much margin on one trade. its risky. I suggest you to use light risk today. liquidity is low today. u may not get dramatic moves.
maybe you a right but maybe not this is friday do not forget
More on my Blog...
  • #678,415
  • Aug 10, 2012 4:52am Aug 10, 2012 4:52am
Quoting Nachiket
may be the advice could have been given in better words. Please don't demoralise him. he has already lost 500 dollars which is huge for retail trader on one trade.
Another $500 loss is likely to demoralise him even more than a few sensible words.
  • #678,416
  • Aug 10, 2012 4:53am Aug 10, 2012 4:53am
Quoting ramy85
I have been kissed by Sl. i have lost $ 500 in this trade
now i'm short 1.2273 ,tp 1.1970 sl. 1.2283
fatal trade i'm gonne use all my margin in this trade to compensate the loss.
ARE you MAD?
Sometimes it's better to be wrong,to learn..
  • #678,417
  • Aug 10, 2012 4:55am Aug 10, 2012 4:55am
watch out with the possibility of a double bottom if eur goes beyond 1.2283 5min tf with a target of 1.2303
  • #678,418
  • Aug 10, 2012 4:56am Aug 10, 2012 4:56am
Be careful today...
"Men who can both be right and sit tight are uncommon."
  • #678,419
  • Aug 10, 2012 4:56am Aug 10, 2012 4:56am
Quoting darodi
watch out with the possibility of a double bottom if eur goes beyond 1.2283 5min tf with a target of 1.2303
1h candle looks like drawing a bearish move... just a feeling...
  • #678,420
  • Aug 10, 2012 5:00am Aug 10, 2012 5:00am
Quoting divak
1h candle looks like drawing a bearish move... just a feeling...
From my view 1hr candle is a hammer.... Donīt know if i am right i am just a novice
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