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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

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EURUSD

  • #783,661
  • Apr 5, 2013 2:31pm Apr 5, 2013 2:31pm
Quoting MissionMars
"We don't understand this new guy at all. And if the North Koreans move to provoke the South, the South is going to retaliate in a way we haven't seen before," Cha said.
Aren't you the one said not allowed to discuss anything else other than EUR?
  • #783,662
  • Apr 5, 2013 2:35pm Apr 5, 2013 2:35pm
"CFTC says the net EUR short position increases by 33% to USD 10.5bln" - RanSquawk.

This is position at 3 of april. After this information I am sure this was shorts covering and going for the exits at masse.
They got burned
"You're solid gold, see you in hell"
  • #783,663
  • Apr 5, 2013 2:41pm Apr 5, 2013 2:41pm
are all the weekend so called gaps after nfp?..
those who can, do. those who cant, talk about those who can
  • #783,664
  • Apr 5, 2013 2:44pm Apr 5, 2013 2:44pm
Quoting SnaveForex
no change gator no change... thus an aggressive bull this past 2 days
things are changing always.. just wait for the wtf.
those who can, do. those who cant, talk about those who can
  • #783,665
  • Apr 5, 2013 2:48pm Apr 5, 2013 2:48pm
U/J could hit 100.00 next week.
  • #783,666
  • Apr 5, 2013 2:50pm Apr 5, 2013 2:50pm
Quoting Ken A
U/J could hit 100.00 next week.
More likely then 95

If it retraces to 95 I will add more long positions.

expecting some form of retrace over weekend and monday
Even the worst trade can close with profit. Just give it time.
  • #783,667
  • Apr 5, 2013 2:52pm Apr 5, 2013 2:52pm
Quoting John Gray
More likely then 95 If it retraces to 95 I will add more long positions. expecting some form of retrace over weekend and monday
I doubt it.
  • #783,668
  • Apr 5, 2013 2:54pm Apr 5, 2013 2:54pm
Quoting Jay Walker
Looks like someone just got owned. He's a candidate for the Ali watch thread.
By breaking it down will also teach fraudster how to be a better liar next time
  • #783,669
  • Apr 5, 2013 2:58pm Apr 5, 2013 2:58pm
Quoting Ken A
Screen Capture don't lie. 1. Account leverage 1:888 2. Account balance EUR= 558 converted to USD= 725 for easier calculation. 3. His open positions were all EUR/USD. 4. He traded standard lot = 100,000 units. 5. Current exchange rate EUR/USD 1.3022 6. The value of traded 1 lot of E/U = 100,000 x 1.3022 = USD 132,022. 7. Margin requirement for 1 lot = 132,022 ÷ 888 = USD 148.68. 8. With USD 725 will only allow you to open 4.8 lots = 480,000 units. Now look at his screen shot and total the lots considering all the profits for all position opened...
Somewhere here or later was told something using the floating profit.

I wanted to understand and calculate exactly, how much pip needed with atomic execution to complete the goal

Starting account let it be 500 euro, leverage 1:888, that means 500x888=444000 euro credit ( you can open 4.4 lot position at start)
1 / 888 => +11.2 green pip will double the account, so you can open another 4.4 lot : 8.8 lot in total, 1000 in equity
+11.2 pip: 17.6 lot, 2k equity
+11.2 pip: 35.2 lot, 4k equity
+11.2 pip: 70.4 lot, 8k equity
+11.2 pip: 140.8 lot, 16k equity
+11.2 pip: 361.6 lot, 32k equity
+11.2 pip: 722.4 lot, 64k equity

The 11.2 need to be green pip, so the spread matter. I think 1.8 pip spread is fair on that conditions, so 13 pip

13x7 = 91 pip in total ( without moving back 11.2-1.8 = 9.4pip ever, and atomic execution)

I remember ForexSaint, who used 500:1 leverage accounts and it was a day when he gained 1000% in 1 day.

It is nice to have a broker, which will allow to withdraw money from they, FXopen Au already blamed they ECN liquidity provider and removed the winner trades! ( check at forexpeacearmy). I have posted here the FXPro's virtual spike of 70 pip, and I told I saw such spike high as 200 pip. On those spikes your trades aren't get filled, just Stop Lose and margin call! I have tried!

When is moving so fast and you are adding position the broker has no chance to cover your positions! Real ECN broker with 500 euro requirement?... ) in dreams...
I want to buy PATIENCE
  • #783,670
  • Apr 5, 2013 3:02pm Apr 5, 2013 3:02pm
Quoting matheszabi
Somewhere here or later was told something using the floating profit. I wanted to understand and calculate exactly, how much pip needed with atomic execution to complete the goal Starting account let it be 500 euro, leverage 1:888, that means 500x888=444000 euro credit ( you can open 4.4 lot position at start) 1 / 888 => +11.2 green pip will double the account, so you can open another 4.4 lot : 8.8 lot in total, 1000 in equity +11.2 pip: 17.6 lot, 2k equity +11.2 pip: 35.2 lot, 4k equity +11.2 pip: 70.4 lot, 8k equity +11.2 pip: 140.8 lot, 16k equity...
Exactly and he was adding to losing positions on April 04, 2013.
  • #783,671
  • Apr 5, 2013 3:05pm Apr 5, 2013 3:05pm
Quoting 1candlepower
OH! okay. there are 2 of you! there is EuroTraderJD AND EuroTrader ....had me goin there
Yea I am laughing too my position is 17 pips in the money
Trade smaller than rational because the market is irrational...
  • #783,672
  • Apr 5, 2013 3:10pm Apr 5, 2013 3:10pm
Quoting hadox
1.3019 tested, 1.2992 holding - until it doesn't...
it's friday, you newer know..
Patience is a virtue...
  • #783,673
  • Apr 5, 2013 3:20pm Apr 5, 2013 3:20pm
Quoting Ken A
Exactly and he was adding to losing positions on April 04, 2013.
It is still possible, at least theoretically.
When aren't using the 888 maxed leverage, just 25% of it is 222. Than the margin call it is at 4x11.2=44.8 pip.
Lets say at beginning you open a position instead of 4.4 lot only with 1.1 lot. The margin call it is at -44.8 pip ( and you will start with -2)
Lets be the case, when the price go against 7-8 pip , still open the 1.1 lot, not lost, you can add another 3.3 to your losing position.

That is the other question if is smart or not.

At Oanda I can change runtime the leverage(very fast), at Dukascopy need to write a letter and than will be changed( medium-slow) but is changeable.

Maybe he didn't had 888 leverage at beginning, just 100 or 200 which allows more pips to margin call, than he raised the leverage and the losing position survived and added to losing position. So it is possible.

It isn't good to add to loosing position. My idol: Jesse Livermore lost his money, because he broke his rule: added to a losing cotton position.
Not so long time ago I did me too the same thing: raised the leverage from 10:1 to 20:1 and added to my loosing position Friday. Monday it was the -170 pip movement over weekend and banked the profit ( check my explorer if you don't believe)
I want to buy PATIENCE
  • #783,674
  • Apr 5, 2013 3:26pm Apr 5, 2013 3:26pm
Bad news for Euro from my country...




A Portuguese court has just ruled that some austerity measures, including paycheck cuts for public workers and a tax on unemployment subsidies, are illegal. It briefly took some of the wind out of the euro's sails in a thin, Friday afternoon markets. The common currency remains higher against both the yen and dollar on the day, but the court ruling serves as a reminder of the ongoing political risks brewing within the euro zone. Euro touched $1.2993 immediately after the Portuguese news broke, but has since rebounded to $1.3009, according to EBS via CQG. ([email protected]; @mbwalter4)
(END) Dow Jones Newswires
  • #783,675
  • Apr 5, 2013 3:34pm Apr 5, 2013 3:34pm
Quoting matheszabi
It is still possible, at least theoretically. When aren't using the 888 maxed leverage, just 25% of it is 222. Than the margin call it is at 4x11.2=44.8 pip. Lets say at beginning you open a position instead of 4.4 lot only with 1.1 lot. The margin call it is at -44.8 pip ( and you will start with -2) Lets be the case, when the price go against 7-8 pip , still open the 1.1 lot, not lost, you can add another 3.3 to your losing position. That is the other question if is smart or not. At Oanda I can change runtime the leverage(very fast), at Dukascopy...
I know what you are saying hence why I called him out for being a liar. There's no way the initial capital was EUR 558 with all the open positions dated at April 04, 2013. Say he opened full leverage EUR 558 x 888 = 495,504 units or 4.95 standard lots, one pips will margin out the whole account.

If you look at his screen capture the total positions opened April 04,2013, it has to be higher account leverage or higher initial capital/balance. There's no way he could've done that with anything less than 1:2000 account leverage. AFAIK, none of the brokers with standard lot offers anything more than 1:50.
  • #783,676
  • Apr 5, 2013 3:37pm Apr 5, 2013 3:37pm
i hold a sneaky s for the weekend
those who can, do. those who cant, talk about those who can
  • #783,677
  • Apr 5, 2013 3:45pm Apr 5, 2013 3:45pm
Quoting Rui Texieira
Bad news for Euro from my country... A Portuguese court has just ruled that some austerity measures, including paycheck cuts for public workers and a tax on unemployment subsidies, are illegal. It briefly took some of the wind out of the euro's sails in a thin, Friday afternoon markets. The common currency remains higher against both the yen and dollar on the day, but the court ruling serves as a reminder of the ongoing political risks brewing within the euro zone. Euro touched $1.2993 immediately after the Portuguese news broke, but has since rebounded...
From my country too.
"You're solid gold, see you in hell"
  • #783,678
  • Apr 5, 2013 3:49pm Apr 5, 2013 3:49pm
Quoting SugarPink
From my country too.
SugarPink, what's the situation on the street there?

How easy/difficult is it for say, someone with a bachelor's degree to go out and get a job? What about the price of apartment, clothes, food and basic utilities? Is it stable or has it climbed recently?
Not all sins are created equal
  • #783,679
  • Apr 5, 2013 3:58pm Apr 5, 2013 3:58pm
Quoting Rui Texieira
Bad news for Euro from my country... A Portuguese court has just ruled that some austerity measures, including paycheck cuts for public workers and a tax on unemployment subsidies, are illegal. It briefly took some of the wind out of the euro's sails in a thin, Friday afternoon markets. The common currency remains higher against both the yen and dollar on the day, but the court ruling serves as a reminder of the ongoing political risks brewing within the euro zone. Euro touched $1.2993 immediately after the Portuguese news broke, but has since rebounded...
What time was it in Potugal when the court ruled austerity measure?
  • #783,680
  • Apr 5, 2013 3:59pm Apr 5, 2013 3:59pm
Quoting Ken A
What time was it in Potugal when the court ruled austerity measure?
It was 21:00
"You're solid gold, see you in hell"
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