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  • #678,521
  • Aug 10, 2012 7:52am Aug 10, 2012 7:52am
Tell me who the hell supporting bulls to gain control, I will kill him surely
  • #678,522
  • Aug 10, 2012 7:52am Aug 10, 2012 7:52am
Quoting NeoTrader
The Bulls are still fighting to gain control....

I'm surprised that there (below 60) is still that much support from the bulls... hmmm...

happy trading,

NeoTrader
Fellow citizen , 650 /550 and 450 are very strong bouncers ( Support ). They are not even supporting with 10% of their ability ...
"It's the Margin, Stupid."
  • #678,523
  • Aug 10, 2012 7:54am Aug 10, 2012 7:54am
Where do u guys see the euro dollar getting bullish? I see the pair testing the top line of the trend line that it broke up from last week. If that holds, I see euro going up to test 1.24 and 1.25 next.
Attached Image (click to enlarge)
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  • #678,524
  • Aug 10, 2012 7:54am Aug 10, 2012 7:54am
as I said! 2254 is trying to save bulls
  • #678,525
  • Aug 10, 2012 7:55am Aug 10, 2012 7:55am
i surprised to see people talking about, price at XXXX or price at YYYYY when price is only at x ..... everyday without fail
  • #678,526
  • Aug 10, 2012 7:56am Aug 10, 2012 7:56am
I am looking too whether this level at 1.2255 region holds up for the bulls.
  • #678,527
  • Aug 10, 2012 7:56am Aug 10, 2012 7:56am
hi vachus,
Quoting Vachus
Fellow citizen , 650 /550 and 450 are very strong bouncers ( Support ). They are not even supporting with 10% of their ability ...
Thanks for your valuable insights...every day I learn something new is a valuable day...

happy trading,

NeoTrader
  • #678,528
  • Aug 10, 2012 7:57am Aug 10, 2012 7:57am
I am bull, ....... very tiny bull
That which does not kill us makes us stronger
  • #678,529
  • Aug 10, 2012 7:57am Aug 10, 2012 7:57am
it's Friday again , after London close there is no support or resistant , additionally it was thin volume week so far . make movers can move it where they want
Mohan
  • #678,530
  • Aug 10, 2012 7:57am Aug 10, 2012 7:57am
open LONG position now!
  • #678,531
  • Aug 10, 2012 7:58am Aug 10, 2012 7:58am
Quoting Vachus
Fellow citizen , 650 /550 and 450 are very strong bouncers ( Support ). They are not even supporting with 10% of their ability ...
thats the big fibo 61.8 , price always pivots at these points , hope im right.
  • #678,532
  • Aug 10, 2012 7:58am Aug 10, 2012 7:58am
Quoting Rag2RichesFX
Awesome week there, what are your stops set at (percentage)??
I don't usually use stops unless I'm walking away from the computer but usually about 20% of my entry and usually risk 30% of my account size.


Quote
may I know which platform/broker is this??

This is ThinkorSwim by TD Ameritrade. love their platform.

Quote
may i know the pips price u are trading and whats your risk percent?

I don't know what the pip price is but i'm using 1:2 Leverage. I usually risk 30% of my account size per trade. Cut my losses and let my winners run.
  • #678,533
  • Aug 10, 2012 8:02am Aug 10, 2012 8:02am
price come to me baby .... come to m eeeee
  • #678,534
  • Aug 10, 2012 8:03am Aug 10, 2012 8:03am
Quoting NewbTrader7
I don't usually use stops unless I'm walking away from the computer but usually about 20% of my entry and usually risk 30% of my account size.




This is ThinkorSwim by TD Ameritrade. love their platform.



I don't know what the pip price is but i'm using 1:2 Leverage. I usually risk 30% of my account size per trade. Cut my losses and let my winners run.
If you can make 40% per week (about what you made this week) while keeping risk below 2% per day, then I think that's very, very good.

Me personally, I only risk 0.25% per day, trying to make 0.50%-1.00% per day. Most trades have 0.03-0.10% risk and targets of 0.20%-1.00%.

Then I have a small account which risks 5% per day going for 10-20% per day.

But if that is a small account for you, and not all the money you wish to risk while trading, then you can risk a larger % if you want (which you already do I see)

I would only trade 5% of my capital at 20x leverage. The rest stays at 1x.



I would say you got lucky this week. You may be a good trader but risking that much without stops especially, you will lose a lot eventually

You need to use stops, no doubt about it, I've seen 200-300 pip moves in 10 minutes. Will ruin your account without a stop.
Be hopeful in a winning position, and fearful in a losing position.
  • #678,535
  • Aug 10, 2012 8:04am Aug 10, 2012 8:04am
Quoting NewbTrader7


I don't know what the pip price is but i'm using 1:2 Leverage. I usually risk 30% of my account size per trade. Cut my losses and let my winners run.
30% ? u mean all your trades ?
  • #678,536
  • Aug 10, 2012 8:04am Aug 10, 2012 8:04am
Quoting HuoLong
2259 pearced - 5 minutes candle closed a 1.22569 - can this be considered as a signal for a continuation of down movement?
It does that a lot.. The close is what matters.. A close back above means failure. Those I like.. I told you guys to pay attention to 59 here.. Could be just a bounce or something larger as this is a daily level.. As it's a higher TF level I want at least an h1 close below.. An open and a close is even better. Otherwise I take it as a failure.

Did you get my PM?
  • #678,537
  • Aug 10, 2012 8:05am Aug 10, 2012 8:05am
Quoting tomplank
open LONG position now!
Gee OK, as long you say so.
  • #678,538
  • Aug 10, 2012 8:06am Aug 10, 2012 8:06am
- 2 % this week not bad
but this month sill + 7%

  • #678,539
  • Aug 10, 2012 8:06am Aug 10, 2012 8:06am
Quoting divak
18 times?????????? in how many months/years?
between 2009-2010 there after never so far
  • #678,540
  • Aug 10, 2012 8:08am Aug 10, 2012 8:08am
Quoting India_Trader
between 2009-2010 there after never so far
Holy cow, in one year? What were you just mashing buttons, flinging poo and screaming at the screen?
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