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  • #30,701
  • May 23, 2013 8:29am May 23, 2013 8:29am
Quoting DaddyBear
{quote}A pullback is in the cards.
DB.. do you reckon it will it be testing today's low, on your projected pullback?
  • #30,702
  • May 23, 2013 8:57am May 23, 2013 8:57am
Quoting billv
{quote}to what level DB?
When it pulls back, it's the level. Don't try to short AU now.
daddybearforex. com
  • #30,703
  • May 23, 2013 9:00am May 23, 2013 9:00am
Quoting tweezer
Not sure if anyone is interested. AUDCAD to re-test 1.0084
Correction:
8 hours ahead of estimated time.
  • #30,704
  • May 23, 2013 9:01am May 23, 2013 9:01am
Quoting DaddyBear
{quote}When it pulls back, it's the level. Don't try to short AU now.
I placed a heap of shorts at 97 I want to cry
  • #30,705
  • May 23, 2013 9:09am May 23, 2013 9:09am
So pissed today, all day in meetings and I coudn't enter in low 0.96. Waiting for this level to start building longs for two weeks.

Now I see it just went up to mid 0.97...
  • #30,706
  • May 23, 2013 9:12am May 23, 2013 9:12am
I'm out I'm over forex. Closed all open positions. Account got pillaged
  • #30,707
  • May 23, 2013 9:15am May 23, 2013 9:15am
Quoting Arman_A
{quote} I placed a heap of shorts at 97 I want to cry

Like EJ, AU does not like men who are short.........now...........
daddybearforex. com
  • #30,708
  • May 23, 2013 9:31am May 23, 2013 9:31am
Quoting DaddyBear
{quote} Like EJ, AU does not like men who are short.........now...........
Yes now AU may not like man who is short and EJ may not like man who is long. In long term I think AU like man who is short and EJ like man who is long.
Never test the depth of water with both feet.
  • #30,709
  • May 23, 2013 9:31am May 23, 2013 9:31am
Quoting Arman_A
I'm out I'm over forex. Closed all open positions. Account got pillaged
Hi Arman, I am very sorry to hear this.... I can relate. I lost more than 20,000 USD with forex in the begining but I managed to get back my lost money over time.

Relax and take it easy, most of us have been there unfortunately, you're not alone.

Don't give up up though. Go in demo trading and practice until you feel confident again and try to develop a trade plan that works most of the time. Eventualy you will get it. The only persons successful here either have huge account to withstand the volatility or a sound strategy and discipline. All of them also blown at some time their accounts.

Remember we always can get back money over time, so you can lose it.

The only thing we can't lose is our health so take good care of that. All the rest you can recover eventually during your life.
  • #30,710
  • May 23, 2013 9:42am May 23, 2013 9:42am
until end of a day i think i will take short for scalp some pips.... BUT i miss my entry at 960.. i feel so BAD right now :/
  • #30,711
  • May 23, 2013 10:20am May 23, 2013 10:20am
Quoting kamifx
Don't worry, just we wanna get profit that's all We try to help each other to make money this way or that way Now please remember , we have 3 balance levels 0.9744 and 0.9654 and 0.9633 As a sensitive trading 0.9587 is also coming to play tomorrow, but don't be tricked , it doesn't take long
As i have suggested before , now we have 2 levels if H1 candle closes below 0.9733 pair touches 0.9654 and if closes above 0.9785 pair should see 0.9944
Don’t follow someone else’s trading advice blindly
  • #30,712
  • May 23, 2013 10:22am May 23, 2013 10:22am
Quoting Arman_A
{quote} I placed a heap of shorts at 97 I want to cry
Arman jan
It happened best of traders.You learned some important lessons.Trading is 80% psychology rest is just money management.
Best wishes whatever you decide to do.Something tells me you will be back.If you do don't have revenge mindset because that will destroy you again.
Play small until you master method that works for you.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #30,713
  • May 23, 2013 10:39am May 23, 2013 10:39am
Quoting Arman_A
I'm out I'm over forex. Closed all open positions. Account got pillaged
Hi Arman


I know exactly how it feels mate. Few years back when I started forex, lose around $22,000 which was my ONLY saving over last few years. I went to $0 in my account. I almost gave up, but you know what? I looked at it in a different way, I started looking for what exactly was the reason for my collapse? It was over trading which made me in that situation.

However, after that considering everything, I started building up disciplined trading habit and recovered all my losses in a year. Now I am doing great I should say. If I would have given up at that time, I might never recover myself. So brother, never give up. Use your past failures to build up your futures.




P.S Though I am a regular visitor of this forum, but signed up tonight ONLY to reply you.
  • #30,714
  • May 23, 2013 10:46am May 23, 2013 10:46am
I am afraid to say like this
If you wanna get profit in this business you should know how bankers doing all others just waste your time
If you read all my posts this week you find out how i suggest the levels cause i feel how bankers doing
look at my last post , it reaches that level and i am sure about closing H1 closes
All strategy, indicators, ... so on just some cards for playing and cheating nothing more
Don’t follow someone else’s trading advice blindly
  • #30,715
  • May 23, 2013 10:52am May 23, 2013 10:52am
Watch out for Kuroda guys. UJ is bellow 102 and Kuroda can make it to shoot above 103 which ultimately will push AU towards .95
AU is still in downtrend so be careful. I am happy I made a great decision to staying away for these couple of days. Now I think I am done with the week. Not a great week but still +230 pips isn't bad either. I will be here tomorrow (even though it doesn't matter ), it's my time for bed. GL to all.
  • #30,716
  • May 23, 2013 11:11am May 23, 2013 11:11am
can you tell me guys how to be patient? i often put long or short.. and immediately closing it with small profit.. this hardest lesson to learn for me.. (sry for my eng).
  • #30,717
  • May 23, 2013 11:16am May 23, 2013 11:16am
Quoting Rivid
can you tell me guys how to be patient? i often put long or short.. and immediately closing it with small profit.. this hardest lesson to learn for me.. (sry for my eng).
you are asking for something that CAN'T BE TEACHED.
trade well
As Above, So Below
  • #30,718
  • May 23, 2013 11:30am May 23, 2013 11:30am
Quoting guppies
{quote} DB.. do you reckon it will it be testing today's low, on your projected pullback?
I don't think the low will be tested.
daddybearforex. com
  • #30,719
  • May 23, 2013 11:34am May 23, 2013 11:34am
Quoting Leeson
So pissed today, all day in meetings and I coudn't enter in low 0.96. Waiting for this level to start building longs for two weeks. Now I see it just went up to mid 0.97...
You could place a limit order beforhand, why couldn't you?
daddybearforex. com
  • #30,720
  • May 23, 2013 11:40am May 23, 2013 11:40am
Quoting Rivid
until end of a day i think i will take short for scalp some pips.... BUT i miss my entry at 960.. i feel so BAD right now :/
Why is everyone crying missing 0.960. If you saw it's coming just placed a limit order. If you have good hindsight, so be it.
daddybearforex. com
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