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  • #750,441
  • Jan 25, 2013 8:20am Jan 25, 2013 8:20am
I think today day closed above 1.343x... I can't see bearish people anymore...
  • #750,442
  • Jan 25, 2013 8:20am Jan 25, 2013 8:20am
Quoting BobGnarly
24 here too my bro, I blew my first 2 , $250 accounts.. since then its been green.. I am happy I learned with such a small amount. And you shouldn't ever feel that its "over" if you blow an account... just means you're trading with money that you shouldn't be
My mistake was prob starting with too much as my first account, money I can lose, but If I lose it its going to take me a long time to get where I want. Unlucky because my deamo account was giving me excellent results, but I was doing no MM at all, and that flaw came after I started the real account.
Its good to hear tho, that u bounced and now change the direction u had on the first 2 accounts. Im currently on that process, I will come back when I learn better MM and master my method.
I still have my account, but it suffered 45% loss during 1 year. So, is not lost, just a expensive experience for life.
  • #750,443
  • Jan 25, 2013 8:21am Jan 25, 2013 8:21am
OK reality check now... I guess there will be no profit taking. I wonder what the fookers have on their minds...
  • #750,444
  • Jan 25, 2013 8:23am Jan 25, 2013 8:23am
Quoting ec_creep
you're changing to intraday now?
intoo the guy with the red shirt? (or was it blue?)

well I entered usdjpy with a 100 target hahha, so not really intraday... And I have been trading some intraday since ive been home sick and not at work

I over analyze everything, long term is better for my pscyh, but I want to try and be able to be semi successful on an intraday basis as well
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #750,445
  • Jan 25, 2013 8:25am Jan 25, 2013 8:25am
Quoting myk
LMAO i m 24 too so many 24z here

Nice! wish I started forex when I was 18-19 instead of building an IRA and money market fund, foook retirement
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  • #750,446
  • Jan 25, 2013 8:26am Jan 25, 2013 8:26am
Sick day today!
  • #750,447
  • Jan 25, 2013 8:26am Jan 25, 2013 8:26am
i still feeel we will see 1.339x today
Maximizing your potentials!
  • #750,448
  • Jan 25, 2013 8:27am Jan 25, 2013 8:27am
Quoting Alexone
Sick day today!
Get ready for more sickness from next week. They will fuck everyone by taking it up and up like pound felt down since last 2 weeks. Then the two pairs will start to correlate. If this scenario is correct, they have to take this shit to 3600/50 level.
When Scalpers win, I lose and Vice varsa...
  • #750,449
  • Jan 25, 2013 8:27am Jan 25, 2013 8:27am
Been playing these channels from hours now just dont understand the reasons to short it yet playing the channels is not a bad idea afterall if u know how to draw them anyway
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  • #750,450
  • Jan 25, 2013 8:28am Jan 25, 2013 8:28am
Quoting math_GB
OK reality check now... I guess there will be no profit taking. I wonder what the fookers have on their minds...
Wait until this hourly candle closes. Waiting to see if it closes below 3441
Time turns trend. - W.D. Gann
  • #750,451
  • Jan 25, 2013 8:29am Jan 25, 2013 8:29am
Boooooooooooooom!! Blast it up now!
When Scalpers win, I lose and Vice varsa...
  • #750,452
  • Jan 25, 2013 8:29am Jan 25, 2013 8:29am
Quoting brio
i still feeel we will see 1.339x today
why?
The Phoenix Trader....
  • #750,453
  • Jan 25, 2013 8:30am Jan 25, 2013 8:30am
Quoting ptsnu
My mistake was prob starting with too much as my first account, money I can lose, but If I lose it its going to take me a long time to get where I want. Unlucky because my deamo account was giving me excellent results, but I was doing no MM at all, and that flaw came after I started the real account.
Its good to hear tho, that u bounced and now change the direction u had on the first 2 accounts. Im currently on that process, I will come back when I learn better MM and master my method.
I still have my account, but it suffered 45% loss during 1...

Yup its just paying your tuition, but the less you lose the better... What helped me the most was starting to keep a journal, and a dry erase board.. For some reason if I see my mm rules right in front of me I always follow them... just a little tip that might help you
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #750,454
  • Jan 25, 2013 8:32am Jan 25, 2013 8:32am
Quoting brio
i still feeel we will see 1.339x today
Once the sell off occurs, it will be furious...1.339x will be a minimum
  • #750,455
  • Jan 25, 2013 8:32am Jan 25, 2013 8:32am
Quoting ForExtraPips
Wait until this hourly candle closes. Waiting to see if it closes below 3441
Patience is wearing off mate...Bad entry short @1.3455 and not seeing any single sign of profit taking... Very interesting...
  • #750,456
  • Jan 25, 2013 8:33am Jan 25, 2013 8:33am
Quoting Fxnewdeal
Once the sell off occurs, it will be furious...1.339x will be a minimum
actually lot of stops near 3483/85 zone. May be little retrace from there but price will continue up from there.
When Scalpers win, I lose and Vice varsa...
  • #750,457
  • Jan 25, 2013 8:35am Jan 25, 2013 8:35am
Quoting BobGnarly
Yup its just paying your tuition, but the less you lose the better... What helped me the most was starting to keep a journal, and a dry erase board.. For some reason if I see my mm rules right in front of me I always follow them... just a little tip that might help you
Its a good idea, thx man. Best energy on those long term analysis! I couldnt be more on the opposite style of trading, super short term trading gives me mental stability.
  • #750,458
  • Jan 25, 2013 8:36am Jan 25, 2013 8:36am
Quoting math_GB
Patience is wearing off mate...Bad entry short @1.3455 and not seeing any single sign of profit taking... Very interesting...
Same here. Bad entry. Too impatient. I was thinking an hour ago, hmmm..., price could start falling, but close above the previous hour's close, and grab a few more pips while it goes down. And there's still 25 more minutes with this hourly candle. Wondering if it will make a HH before falling first.
Time turns trend. - W.D. Gann
  • #750,459
  • Jan 25, 2013 8:39am Jan 25, 2013 8:39am
Quoting myk
Really sorry to hear that not just in words really mean it . i have seen the same same many times like my first 2 years i blew almost 70k us dollars with 4 times account blown (I know fuk me thats alot of money ) I am sure these 3 mistakes must be common
1: More leverage ( wana get rich today feeling)
2: Trading alot when there is nothing in markets to trade and in desperation we keep opening trades n then keep closing with losses
3: Looking for a straight trend when markets is not ready to give them

[b]Only by putting n end to these...
I was working on percentage , as this is not my real live account & and not the great deal of money- i just was told to expect to blow up my first account in a period of time around 6 months. And it happened ! So i consider now this lose as a tuition nothing more nothing less and hopes that what i learnt will carry me further ...
"It's the Margin, Stupid."
  • #750,460
  • Jan 25, 2013 8:40am Jan 25, 2013 8:40am
Quoting ForExtraPips
Same here. Bad entry. Too impatient. I was thinking an hour ago, hmmm..., price could start falling, but close above the previous hour's close, and grab a few more pips while it goes down. And there's still 25 more minutes with this hourly candle. Wondering if it will make a HH before falling first.

First day breakout I'd be careful with short.

E/J has made 180 pips while E/U only 90 pips.
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