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  • #718,321
  • Nov 15, 2012 11:22am Nov 15, 2012 11:22am
Quoting BobGnarly
Exactly. Been so stressed , not sleeping etc.. I know its not a lot of money but its all I can afford to lose at the moment.

how can you track this pair. when its showing no trend for hours and then suddenly all of a sudden spikes
  • #718,322
  • Nov 15, 2012 11:22am Nov 15, 2012 11:22am
Quoting BobGnarly
Exactly. Been so stressed , not sleeping etc.. I know its not a lot of money but its all I can afford to lose at the moment.
it's the spice of life
just don't tell the wife
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  • #718,323
  • Nov 15, 2012 11:24am Nov 15, 2012 11:24am
Quoting 21vs7
if...then now 81 goes
ok, managed to get 83,5...lets see...tight
  • #718,324
  • Nov 15, 2012 11:25am Nov 15, 2012 11:25am
Quoting BobGnarly
How do you reccomend I grow my account? Besides making profits.. Should I put so much a week into it. Instead of my weekly savings account deposit maybe put half into my trading account?
simple, don;t day trade, use daily charts and above and only trade with the long-term trend. Sell/buy at overbought/oversold levels on stoch or RSI, and support/resistance levels. Don't use too tight stops. Learn money management. Scale into your winners with a portion of the margin gained. When in positive balance, trail your equity so the rollercoaster ride is free.

hope that helps.
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  • #718,325
  • Nov 15, 2012 11:28am Nov 15, 2012 11:28am
its been a long day
21 are you ready to get on that bike for the run home
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  • #718,326
  • Nov 15, 2012 11:28am Nov 15, 2012 11:28am
Quoting cgldsmth
it's the spice of life
just don't tell the wife
Im only 23.. Been with my girl 4 yrs and she tolerates all my forex talks lol, well pretends to listen anyway.. My plan is to do this for a living some day and I can use my business as secondary income
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  • #718,327
  • Nov 15, 2012 11:29am Nov 15, 2012 11:29am
Quoting 21vs7
ok, managed to get 83,5...lets see...tight
Trade What You See Not What You Want To See
  • #718,328
  • Nov 15, 2012 11:30am Nov 15, 2012 11:30am
Quoting pipsallday
lets see...i said we will drop it before bernanke! I have my skwaas in 30m!!
  • #718,329
  • Nov 15, 2012 11:30am Nov 15, 2012 11:30am
if I were euro I would take a breather around these levels. There is no real reason for any violent moves right now. We've seen a lot of crazy shit lately, fed printing, europe crumbling etc. Its time for the market to reflect a bit and that means ranging. I say 1.26-1.28 is roughly where its at.
  • #718,330
  • Nov 15, 2012 11:30am Nov 15, 2012 11:30am
Quoting cgldsmth
simple, don;t day trade, use daily charts and above and only trade with the long-term trend. Sell/buy at overbought/oversold levels on stoch or RSI, and support/resistance levels. Don't use too tight stops. Learn money management. Scale into your winners with a portion of the margin gained. When in positive balance, trail your equity so the rollercoaster rise is free.

hope that helps.
Awesome advice, thank you.. I've been trying to figure out trading on 4h an daily. But what do you do when a news break changes the trend you initially saw?
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #718,331
  • Nov 15, 2012 11:31am Nov 15, 2012 11:31am
Quoting BobGnarly
How do you reccomend I grow my account? Besides making profits.. Should I put so much a week into it. Instead of my weekly savings account deposit maybe put half into my trading account?
put in only extra money premium for good work at ur job, u 'll have stimule to work good and forex will be useful, will discipline u
  • #718,332
  • Nov 15, 2012 11:31am Nov 15, 2012 11:31am
Quoting BobGnarly
Im only 23.. Been with my girl 4 yrs and she tolerates all my forex talks lol, well pretends to listen anyway.. My plan is to do this for a living some day and I can use my business as secondary income
what part for the USA are you in ??
Trade What You See Not What You Want To See
  • #718,333
  • Nov 15, 2012 11:33am Nov 15, 2012 11:33am
Quoting BobGnarly
How do you reccomend I grow my account? Besides making profits.. Should I put so much a week into it. Instead of my weekly savings account deposit maybe put half into my trading account?
savings are savings mate!..you should think that way that out of your trading you provide additional savings...not the other way around!! never!

with proper mm you can do 2% plus...+30% in good months!!..just dont be greedy bastard...if you scalp..take whats yours..never look back...if you swing..look at daily

as i rememeber u lost 30%..thats too fooking much...work your MM..i know its little when u gain 3% on 1k...but do some math projection and see where this equilibrium gets you...discipline and up!

ouh, SL...obey your stop..leave it there...you can always enter again..always better almost
  • #718,334
  • Nov 15, 2012 11:35am Nov 15, 2012 11:35am
Quoting BobGnarly
Awesome advice, thank you.. I've been trying to figure out trading on 4h an daily. But what do you do when a news break changes the trend you initially saw?
look at the monthly trend and most of your positions should follow that. Grow these positions over months/years. The shorter weekly trends you can countertrade with smaller stops.

ONE BIG THING: ignore nearly all repainting indicators, bells and whistles, and EAs that promise to do it all for you. A hard-learned lesson that one.
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  • #718,335
  • Nov 15, 2012 11:42am Nov 15, 2012 11:42am
Quoting 21vs7
im looking at euraud..bastard could give me 20 here...but doesnt wanna go to 1,2397..ill wait it there
rejecteed...bid to the madafaking pip

BE already...half off at +15...other will let it slide to 55 if get some.
  • #718,336
  • Nov 15, 2012 11:46am Nov 15, 2012 11:46am
Lira
respecting resistance from previous support, and the 100/50EMA sandwhich, and the 38.2fib retracement. Let's see how she blows Bernanke, so to speak
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  • #718,337
  • Nov 15, 2012 11:49am Nov 15, 2012 11:49am
Hey guys Any Thoughts About The Bernanke Effect Going To happen ??!!??
  • #718,338
  • Nov 15, 2012 11:50am Nov 15, 2012 11:50am
dont know why, but feel that we close below 200sma
  • #718,339
  • Nov 15, 2012 11:51am Nov 15, 2012 11:51am
Quoting AnveshS
Hey guys Any Thoughts About The Bernanke Effect Going To happen ??!!??
I reckon BroncObama will want him to sweeten the market a bit, which could be risk-on. War in near east maybe trumping that though.
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  • #718,340
  • Nov 15, 2012 11:51am Nov 15, 2012 11:51am
Bernanke in 30 mins
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