EURUSD

time for bed
had nice wee short there @ 51 and 48
TP 46 + 7 pips will sleep better now
good night all
green pips

Hey Tom
Never in a straight line tho aye bro

I have 61 fib on daily thats around there 20-27

3 charts eu Daily 4hr & 1hr, not all fibs just enough to show any problem areas

Daily, pa presently having another go at 50fib bears certainly unhappy about last breach if bulls cant get through this time I think they still valid if the retest the rising tl approx 23fib of present rally

4hr same chart just zooming in, same 50fib from daily fall, but now 23fib from secondary rally has come into play, also the 50sma rolling over should come into play at sometime, possibly confluence with the 50fib battlezone, the rising 200sma shows bull strength, so could be a good support to reload long or play the present range building

1hr, a new dynamic has come into play the falling tl (red) however as pa is mid between the 2 moving averages it reinforces that this is the present battle zone, bulls need to bo north with power, because bears will not want to lose these levels, otherwise they will be hamburger patties
zooming right in, bears have actually poked their nose through the minor tl (black) and holding for now below the bigger tl (red)

I dont believe ecb, super mario, etc has had much to do with this rally its been more about BOJ interventions, and the primary tools they been using like purchasing euro debt bonds etc, if yen prs starts to show signs of capping and aussie&kiwi start to appreciate, will be good for eu bears

So a drop to 3300 wouldnt be all that bad for bulls, new dynamics, new battle zone ( and I could get me some pips) so 38 possibly 33 also possible

LOL there you go smart ass GL

How many times, sir?

That depends on how stupid you are. Once is more than enough to figure out you're not doing something right.

morning..

still shorting eu from 3471 last night. i have it down to 3380. and averaging my long on uj, at 93.24 now. seeing somewhere at 94.90

what about 3205?

sad but true

Like your analysis Kiwi

what more can they do w/o a head on a stake. the people are paying for it all.. since they import most things.. all they export cost more to make now.. and they are selling it for less.

come on

how strong is 3250-3265?

i see the parrot is repeating again

how would i know?

Shorting e/U because e/j is dropping nicely and e/u is going opposite... gonna follow

I could almost garantee "every" trader has their first account destroyed, and most traders also thier 2nd account, and atleast 50% of trader wipeout thier 3rd, and disappear, Im not saying you will or you even should, what Im saying is there is a very high probability it will happen.

!st account, with your mind full of all the fantastic, easy ways to make it trading, including every trading style you can cram in your head, demo adnausium, open account, 1st trade, shaking like a leaf, you enter, could even fluke it and gain some pips, "wow" this shit is really easy, next trade lose, next trade lose, reduce leverage, next trade lose, although you think you are doing well, somehow your account keep decreasing, chang trading style, lose, follow another trader lose lose lose, account 1 gone.

2nd account, same as above only worse, have to recover what you already lost, have to succeed, blah blah account blown

3rd account, go back to demo, somehow can make pips easy, making heaps, right, back to live, lose lose lose wtf, take a break, recharge, then back live 2 thing going to happen, a you going to stop doing everything you been doing (cause been losing) and learn from everytrade you take, ggod or bad,, define, mm, rr, only one trading style, and accept this business is not a get rich quick scheme, but a marathon of learning, especially your mistakes, "or" can continue as you were losing, one of these roads will keep you liquid, the othe will be bye bye

Bro I have blown 5 accounts, all in the first 2 years of trading, over trading, overleveraging etc etc (stuborn) my present accounts have remained afloat for just over 7 years. I trade fulltime, and it gives me a good lifestyle, I still get a buzz everytime I enter a trade, "but" its not fear or greed, it is the challenge, I dont care how many pips I earn, my buzz comes from planning a trade, executing it, and it being successful .

Success comes from many things, this is just some, record and analyse every trade once its over, money management, risk/reward, patience, control of emotions, blah blah, failure will come if you ignore these things, the more you ignore the quicker you will fail

The absolute worst thing you can do, is visit forums like these to trade, 99% is rubbish, but every now and then there are little nuggets, long here short here is crap, going to the moon or to the sewer is crap, "but" take note of their reasons, charts, news alerts, and add this to your own research "but" always come up with your own trade plan, very very important

Sorry too many words, but I know what losing account feels like, sucks, but can actually help if you use the experience wisely

added 1 more short s/l 1.3480 take profit 1.3445

out with 1 short 4+ other waiting to be closed manually

Waiting for 1.3665 ish then pull back for reload

lol?