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Trading EURUSD only

  • #6,761
  • Oct 31, 2012 4:18pm Oct 31, 2012 4:18pm
will keep actual status until getting a strong up formation.
if it move up in one bar with strong move, it is out of my control.
no worries.

Quoting stevewalker
I am short from 2966

thinking if I should close Short & send a Long ?
  • #6,762
  • Oct 31, 2012 4:34pm Oct 31, 2012 4:34pm
first post

Quoting oday
do u think it will repeat the target like yesterday or it will down
  • #6,763
  • Oct 31, 2012 4:34pm Oct 31, 2012 4:34pm
my guess is down.

Quoting oday
do u think it will repeat the target like yesterday or it will down
  • #6,764
  • Oct 31, 2012 4:35pm Oct 31, 2012 4:35pm
2955 is actual support

Quoting stevewalker
my guess is down.
  • #6,765
  • Oct 31, 2012 4:51pm Oct 31, 2012 4:51pm
why you loose your account if it goes down?

Quoting oday
believe it or not i try post from yesterday and nothing appears and i though that i'm visible
OMG if it go down i will loss my account what should i do ????
  • #6,766
  • Oct 31, 2012 4:54pm Oct 31, 2012 4:54pm
Sme thing happened yesterday...Consolidation....
  • #6,767
  • Oct 31, 2012 4:58pm Oct 31, 2012 4:58pm
how many pips will destroy account?
from 2960


Quoting oday
because i'm stupid and trade with big volume
i think if it go down i should close it and start again from the genning
can u advice me ????
  • #6,768
  • Oct 31, 2012 5:00pm Oct 31, 2012 5:00pm
& what is floating %DD ( Drawdawn )
Quoting stevewalker
how many pips will destroy account?
from 2960
  • #6,769
  • Oct 31, 2012 5:06pm Oct 31, 2012 5:06pm
yes it is consoldation zone.
but it does not mean that it will countiniou down move.
it may reject from 2955 or 2945

Quoting DizzyP
Sme thing happened yesterday...Consolidation....
  • #6,770
  • Oct 31, 2012 5:13pm Oct 31, 2012 5:13pm
reject off 2955...But still no movement
  • #6,771
  • Oct 31, 2012 5:27pm Oct 31, 2012 5:27pm
Quoting oday
2920 and i'm dead man
How much are you down at the moment (if you close all trades by now)?
  • #6,772
  • Oct 31, 2012 5:28pm Oct 31, 2012 5:28pm
ok
you know you make a mistake.
and will not do it again.

now;
1st : close it. thats all. start over.

2nd:
I would wait until 2942/45
then
add another long from there as big as possible.
then close all with reject with a reasonable loss.

IF IT REJECTS

this is your money & your account.

But the correct one is 1st one.

good luck.

Quoting oday
2920 and i'm dead man
  • #6,773
  • Oct 31, 2012 5:32pm Oct 31, 2012 5:32pm
asian session
slow MKT
we have only Sydney open

Quoting DizzyP
reject off 2955...But still no movement
  • #6,774
  • Oct 31, 2012 5:33pm Oct 31, 2012 5:33pm
Quoting DizzyP
reject off 2955...But still no movement
watching in between door bell rings.
"My 2 cents"
  • #6,775
  • Oct 31, 2012 5:38pm Oct 31, 2012 5:38pm
Thats what i figured...Been watching...Im a newbie...Learning everything i can before i live trade
  • #6,776
  • Oct 31, 2012 5:46pm Oct 31, 2012 5:46pm
exit Short 10

Long @ 2958
NS
  • #6,777
  • Oct 31, 2012 5:46pm Oct 31, 2012 5:46pm
Quoting DizzyP
Thats what i figured...Been watching...Im a newbie...Learning everything i can before i live trade
If you can only trade asia session, i would go to 15m chart and try to find what support and resistance they are using and scalp. Trends usually do not develop in this session. i cant count on 1 hand any real market movements each month in early Asia session.
"My 2 cents"
  • #6,778
  • Oct 31, 2012 5:46pm Oct 31, 2012 5:46pm
this will be a tricky one

Quoting stevewalker
exit Short 10

Long @ 2958
NS
  • #6,779
  • Oct 31, 2012 5:51pm Oct 31, 2012 5:51pm
target 2977

Quoting stevewalker
exit Short 10

Long @ 2958
NS
  • #6,780
  • Oct 31, 2012 5:52pm Oct 31, 2012 5:52pm
I can trade during any session...Studying each one to get a feeling of whats going on with price action and what not. Im sticking with this pair before i move to others
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