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Aussie Trading Room and Cartoons Gallery

  • #31,121
  • May 29, 2013 9:16am May 29, 2013 9:16am
Quoting forexalien
AU just went positive for the Day..............up 0.02 %

AU now up 0.7 %
The More You Learn, The More You Earn.....
  • #31,122
  • May 29, 2013 9:25am May 29, 2013 9:25am
Quoting forexalien
{quote} AU now up 0.7 %

it trying to bring some hope for long........
  • #31,123
  • May 29, 2013 9:36am May 29, 2013 9:36am
AU is on fire this morning.....
daddybearforex. com
  • #31,124
  • May 29, 2013 9:37am May 29, 2013 9:37am
Quoting livingston12
{quote} it trying to bring some hope for long........
It? Yes, alien = it.......
daddybearforex. com
  • #31,125
  • May 29, 2013 9:50am May 29, 2013 9:50am
I may need anti-depressents, nearly shed a tear this is so ridiculus im so furious!
placed 3 longs at 96300 and it shot up. I left it too long it fell. Then like an idiot i opened more longs and now its fallen through them and im so fucked.
Im over this, its stressing me out. Its all my fault im trading like an absolute IDIOT!
  • #31,126
  • May 29, 2013 9:53am May 29, 2013 9:53am
Quoting Arman_A
I may need anti-depressents, nearly shed a tear this is so ridiculus im so furious!placed 3 longs at 96300 and it shot up. I left it too long it fell. Then like an idiot i opened more longs and now its fallen through them and im so fucked.Im over this, its stressing me out. Its all my fault im trading like an absolute IDIOT!

I know that feeling. You need SL and don't widen!
  • #31,127
  • May 29, 2013 10:02am May 29, 2013 10:02am
Quoting Arman_A
I may need anti-depressents, nearly shed a tear this is so ridiculus im so furious!placed 3 longs at 96300 and it shot up. I left it too long it fell. Then like an idiot i opened more longs and now its fallen through them and im so fucked.Im over this, its stressing me out. Its all my fault im trading like an absolute IDIOT!
You are over trading without thought.......It is called Gambling........
The More You Learn, The More You Earn.....
  • #31,128
  • May 29, 2013 10:07am May 29, 2013 10:07am
the pair is alive and kicking. lots of opportunity to make money. these up and down moves can make rich both buyers and sellers. just know what you are doing.
watching 0.96
As Above, So Below
  • #31,129
  • May 29, 2013 10:18am May 29, 2013 10:18am
Quoting Arman_A
I may need anti-depressents, nearly shed a tear this is so ridiculus im so furious!placed 3 longs at 96300 and it shot up. I left it too long it fell. Then like an idiot i opened more longs and now its fallen through them and im so fucked.Im over this, its stressing me out. Its all my fault im trading like an absolute IDIOT!
Seems like it is consolidating some so until the price haven't break 0.9609, it may spike up and you may get out without much problems
  • #31,130
  • May 29, 2013 10:28am May 29, 2013 10:28am
haha......great time to short just now......now also not bad.......short short short........
AUD is dead.........aim 0.6........
  • #31,131
  • May 29, 2013 10:29am May 29, 2013 10:29am
this is how i'm counting it...
Attached Image (click to enlarge)
Click to Enlarge Name: AUDEWAVE.png Size: 135 KB
Don't have an ego. Always question yourself and your ability.
  • #31,132
  • Edited 11:08am May 29, 2013 10:49am | Edited 11:08am
Quoting Forex Looser
{quote}Seems like it is consolidating some so until the price haven't break 0.9609, it may spike up and you may get out without much problems
Im all in. And now im going to bed.
I have nothing left in my account have lost 3/4 of my account over the last week.
If it spikes up ill be rejoycing when i wake up in 6 hours. If not... well im giving forex a break until i get more practise and read more books etc. coz quite frankly after the last week im so over chasing the trends then seeing it reverse on me only to liquidate my positions.
The first thing I'm going to do when I wake up is to look at this forum and see if I have something to look forward to when I open my platform. I hate surprises when I open the chart first thing and its gone crazy.
  • #31,133
  • May 29, 2013 11:21am May 29, 2013 11:21am
Quoting Arman_A
{quote} Im all in. And now im going to bed.I have nothing left in my account have lost 3/4 of my account over the last week.If it spikes up ill be rejoycing when i wake up in 6 hours. If not... well im giving forex a break until i get more practise and read more books etc. coz quite frankly after the last week im so over chasing the trends then seeing it reverse on me only to liquidate my positions.The first thing I'm going to do when I wake up is to look at this forum and see if I have something to look forward to when I open my platform. I hate...
Sorry to hear that.I wish u luck
  • #31,134
  • May 29, 2013 11:26am May 29, 2013 11:26am
This is a very hard work.The hardest thing is locking out the 7 sins of humanity.It is almost impossible trading without any emotion.
  • #31,135
  • May 29, 2013 11:30am May 29, 2013 11:30am
Quoting dare2dream
This is a very hard work.The hardest thing is locking out the 7 sins of humanity.It is almost impossible trading without any emotion.

how long have you been trading ?
How to Win at Sports Betting: DON'T DO IT!
  • #31,136
  • May 29, 2013 11:36am May 29, 2013 11:36am
Quoting Vtmn
{quote} how long have you been trading ?
Almost 2 years ago.I went through all the things what Arman_A
mentmentioned.
  • #31,137
  • May 29, 2013 11:42am May 29, 2013 11:42am
Quoting Arman_A
I may need anti-depressents, nearly shed a tear this is so ridiculus im so furious!placed 3 longs at 96300 and it shot up. I left it too long it fell. Then like an idiot i opened more longs and now its fallen through them and im so fucked.Im over this, its stressing me out. Its all my fault im trading like an absolute IDIOT!
Take it easy. This happened and happens to a lot of people as well.
daddybearforex. com
  • #31,138
  • May 29, 2013 11:43am May 29, 2013 11:43am
Quoting dare2dream
Almost 2 years ago.I went through all the things what Arman_A mentmentioned.
hmm.. your brain cells should be killed by now
How to Win at Sports Betting: DON'T DO IT!
  • #31,139
  • May 29, 2013 11:47am May 29, 2013 11:47am
I felt it when i got destroyed by fukushima...a nuclear disaster...that was so ridiculous and i was completly mad
When i see where USDJPY is now that's even more ridiculous.

But that doesn't hide you have to do mistakes to be wiped out, you just can't deny it.
Forex is a very hard and punishing stuff.
  • #31,140
  • May 29, 2013 12:06pm May 29, 2013 12:06pm
Quoting Arman_A
{quote} Im all in. And now im going to bed.I have nothing left in my account have lost 3/4 of my account over the last week.If it spikes up ill be rejoycing when i wake up in 6 hours. If not... well im giving forex a break until i get more practise and read more books etc. coz quite frankly after the last week im so over chasing the trends then seeing it reverse on me only to liquidate my positions.The first thing I'm going to do when I wake up is to look at this forum and see if I have something to look forward to when I open my platform. I hate...

Arman jan
Few thoughts.Don't scalp ever and don't waste time thinking in short term.
Think in broader view of the market.Weeks not days or hours.In longer term Aussie is great buy at these prices and your failure is placing orders not accordance of trading plan and lot sizes not in sink with long term.
Reduce your lots and think long term and you will be surprised how easily you will start seeing great trades.
Let me share few insights.
Take your lot you are willing to invest in pair say 2 lots should be no more then 5% of your account.
Davide 2 lots into 8 mini lots so now you have 8 entry points so if price goes against you then you can think it as an opportunity to add to a position.Continue until all 8 orders have been placed and seat tight and wait.Since your 8 orders cover 100-200pips( I cover 100-500pips) range instead of 1 position you have covered vast "space" and now you can relax and wait until all your orders in profit.
Practice this method which has been trading style of GANN and Jesse Livermore 2 of the best traders perhaps ever.
Regards
In trading, you have to be defensive and aggressive at the same time
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