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  • #679,821
  • Aug 14, 2012 8:56am Aug 14, 2012 8:56am
Quoting Nachiket
with this strategy I think I will not see you trading by tomorrow because you may have burned your account.
Haha my account is fine. I am in positive even if it doesn't go that way I have my stop loss and then I will just sell and still be in profit. Meanwhile amateurs traders like you that panic every time the candlestick turns from green to red or the opposite are the ones who end up cleaning out their account. Watch you may learn something.
  • #679,822
  • Aug 14, 2012 8:58am Aug 14, 2012 8:58am
Quoting tunera
I'm with you
this is stupidity at its height. had u said it in the morning I would have said yes.
  • #679,823
  • Aug 14, 2012 8:58am Aug 14, 2012 8:58am
Quoting Nachiket
this is stupidity at its height. had u said it in the morning I would have said yes.
eheh, just look at the market in the next few hours my friend
  • #679,824
  • Aug 14, 2012 8:58am Aug 14, 2012 8:58am
Quoting leveraged
Short @ 1.2347
Should have shorted Aud/Usd instead.

Still holding Eur/Usd Short, expecting a retest of 1.2325 with an asian name seem to be holding it from there.
  • #679,825
  • Aug 14, 2012 8:59am Aug 14, 2012 8:59am
Quoting Techanalyst
Another try to break pivot point but it fail. We should see 1.2400 today, then 1.2430 then 1.2450 and then down again about 200 pips on Thursday. That is what the big boys have been doing so far with the EUR.
and maybe u don"t need some beer and sandwich ?
galloping likewise
  • #679,826
  • Aug 14, 2012 9:01am Aug 14, 2012 9:01am
Quoting hakankhan
and maybe u don"t need some beer and sandwich ?
Make sure you buy now because if you have short you may be blowing your account as we speak
  • #679,827
  • Aug 14, 2012 9:02am Aug 14, 2012 9:02am
Quoting Techanalyst
Make sure you buy now because if you have short you may be blowing your account as we speak

ok i am ready to blow my accoount.

  • #679,828
  • Aug 14, 2012 9:03am Aug 14, 2012 9:03am
Quoting Techanalyst
Make sure you buy now because if you have short you may be blowing your account as we speak
I would not be that sure about anything... It can go either way, just watch for clues.. It's all we can do..
  • #679,829
  • Aug 14, 2012 9:03am Aug 14, 2012 9:03am
Quoting Techanalyst
Make sure you buy now because if you have short you may be blowing your account as we speak
i have two short in profit.
galloping likewise
  • #679,830
  • Aug 14, 2012 9:04am Aug 14, 2012 9:04am
Quoting Nachiket
1.2325 was bid by an asian name. we will retest it again.
hopefully the next time we set new daily low...seems all ladies set new low except EU..
bull not realli dead yet...but time will tell we will just have to wait...

edit: by the way...I have just voch u..
Patience, Emotion Control and Discipline.
  • #679,831
  • Aug 14, 2012 9:04am Aug 14, 2012 9:04am
i am long @51 an another long for the 1/2 size of the first @37......
SL @21
whis me luck guys!!!
  • #679,832
  • Aug 14, 2012 9:04am Aug 14, 2012 9:04am
Quoting Nachiket
ok i am ready to blow my accoount.

Instead of trying to be a smart*ss, let me teach you something about chart pattern. Look at the last two candlesticks it was trying to break pivot point twice and it didn't that tells you that the trend is still up. You should definitely go back to demo account and get some education for forex just an advice because you will blow your account.
  • #679,833
  • Aug 14, 2012 9:04am Aug 14, 2012 9:04am
Try my best, I am short myself from 2350 with a small lot and ready to add more after 10:30


Quoting KumoDragon
I hope you are right for the sake of my short.
  • #679,834
  • Aug 14, 2012 9:06am Aug 14, 2012 9:06am
Quoting hakankhan
i have two short in profit.
How do you have two shorts in profit when the trend is still up haha I think you are looking at minus now or it has reach your stop loss if you know what that is. My advice to you is to close your trades now and follow the pattern in proper way.
  • #679,835
  • Aug 14, 2012 9:07am Aug 14, 2012 9:07am
Quoting Techanalyst
Instead of trying to be a smart*ss, let me teach you something about chart pattern. Look at the last two candlesticks it was trying to break pivot point twice and it didn't that tells you that the trend is still up. You should definitely go back to demo account and get some education for forex just an advice because you will blow your account.
ok will take ur advice. If you say so I will practice longs on demo account and blow them.
  • #679,836
  • Aug 14, 2012 9:08am Aug 14, 2012 9:08am
Quoting johncen
hopefully the next time we set new daily low...seems all ladies set new low except EU..
bull not realli dead yet...but time will tell we will just have to wait...

edit: by the way...I have just voch u..
another break of 32 and we will go to 20 atleast.
  • #679,837
  • Aug 14, 2012 9:08am Aug 14, 2012 9:08am
Quoting Nachiket
ok will take ur advice. If you say so I will practice longs on demo account and blow them.
Good luck I will talk to you in an hour or so and see who blow their account and who didn't haha.
  • #679,838
  • Aug 14, 2012 9:11am Aug 14, 2012 9:11am
I'd be wary of shorts if it doesn't even break 1.232. There's a 2 month long pivot line there and history's shown that if it starts bouncing above it, we have bull for awhile.

We're still at the lower end of the H1 300 pip-wide channel back from 24 July, so no surprise if it hits 1.24 or beyond, just a matter of time.

I suppose shorting will still look attractive in the short term but I'll only be interested if 1.232 is cleanly broken.
  • #679,839
  • Aug 14, 2012 9:12am Aug 14, 2012 9:12am
Quoting Techanalyst
Instead of trying to be a smart*ss, let me teach you something about chart pattern. Look at the last two candlesticks it was trying to break pivot point twice and it didn't that tells you that the trend is still up. You should definitely go back to demo account and get some education for forex just an advice because you will blow your account.
It's not unusual, in fact it usually happens, that you get several tests of important S&R before it breaks.
  • #679,840
  • Aug 14, 2012 9:12am Aug 14, 2012 9:12am
Don't worry guys your pips are safe.
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