{quote} Turn your resistance to support, I hate seeing friends loosing money.
.I hope this EU trade will do that.Lets wait and see.I will however only exit this trade according tom my rules
- #1,361
- Aug 8, 2013 10:06am Aug 8, 2013 10:06am
- | Commercial User | Joined Jan 2009 | 1,490 Posts
.I hope this EU trade will do that.Lets wait and see.I will however only exit this trade according tom my rules
- #1,362
- Aug 8, 2013 10:09am Aug 8, 2013 10:09am
- | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
On my way to financial independence - if others can do it - I can do it
- #1,364
- Aug 8, 2013 10:18am Aug 8, 2013 10:18am
- | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
{quote} What have you done?
was about 10% on minus all together, but ended up at 1% plus ;-) - not proud as I broke aty least 2 of my rules
but I noticed that controlled breaking of rules gives nice profits 
On my way to financial independence - if others can do it - I can do it
- #1,365
- Aug 8, 2013 10:34am Aug 8, 2013 10:34am
- | Commercial User | Joined Jan 2009 | 1,490 Posts
{quote} .........
.I know exactly what you mean
- #1,366
- Aug 8, 2013 10:41am Aug 8, 2013 10:41am
- | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
{quote}
am taking mortgage this year, so I will want to wipe it off as soon as possible ;-)
On my way to financial independence - if others can do it - I can do it
- #1,367
- Aug 8, 2013 11:37am Aug 8, 2013 11:37am
- | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
On my way to financial independence - if others can do it - I can do it
- #1,370
- Aug 8, 2013 11:05pm Aug 8, 2013 11:05pm
- | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
... Either way, the price will go where it want to go.
btw I think tafa should open 3 positions, not one. then he woulda have 3x more profit
as about eur/usd - 1h shows me price constrainment on 10ema (but no confluence with anything else, not on any other time frame so it's bit risky) so it might touch r1 of daily pivot - but I think I'll stay away from it today, made some nice profit yesterday, so I'll stay away, and will see how it goes Monday
On my way to financial independence - if others can do it - I can do it
- #1,371
- Aug 9, 2013 7:44am Aug 9, 2013 7:44am
- | Commercial User | Joined Jan 2009 | 1,490 Posts
Every time I stay in a trade with the thinking that it will go , it doesn't , when I leave a trade think its not going to go ,it does .
- #1,374
- Aug 9, 2013 9:45am Aug 9, 2013 9:45am
- | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
What are you doing in those EUR YEN trades then ? couldn't help yourself ha?
On my way to financial independence - if others can do it - I can do it
- #1,376
- Aug 9, 2013 10:34am Aug 9, 2013 10:34am
- | Commercial User | Joined Jan 2009 | 1,490 Posts
{quote} It would mean that you're risking money way over your comfort zone, in which it resulted to emotions kicking in that translate to closing your winners to early. I do no see you trading full time until you know how to manage risk.
I will do the maths over the weekend and come up with a risk level I am comfortable with .
{quote} exactly
Breaking trading rules that resulted in a profit is a bad trading habit to practice. It just reinforces your undisciplined trading habits. Before you knew it, one of these days you'll just end up with a big loss and you'll tell yourself again to "I shouda, coulda, wouda have stick to my plan" and then the cycle continues that you'll stick to your rules no matter what. Then the cycle NEVER ends. It's your money, not my business, just my 2 cents.
- #1,377
- Aug 9, 2013 11:48pm Aug 9, 2013 11:48pm
- | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
Looks like you didn't listen to the advice below
it's much easier to laugh and criticise when you do silly mistakes
you're an expert in crying - which em-t shall I put here in my situation? ->
<-this one? or maybe this one? ->
or how about this one? ->
btw what are your views on EUR/JPY? price kept bouncing off 128.30 for last 3 days - will it hold the support on Monday? will it get back to 129? or is it a slide down?
On my way to financial independence - if others can do it - I can do it
- #1,379
- Aug 10, 2013 2:12am Aug 10, 2013 2:12am
- | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
{quote} There is nothing suggesting that it will go up on the long term.There was a strong resistance on 128.56 and that seems to be holding .I would think its a slide down up to 127.76 , after which anything can happen there . Good Luck with those trades .Just another word of advice , this market is not going anywhere so NEVER allow any single pair or trade wipe out your account.There always another chance .
that's how breaking rules finishes ;-) and I was on plus with this trade, but wanted more, so it went down. Failed again - dissapointed myself - dissapointed my family (they forgave me anyway LOL
On my way to financial independence - if others can do it - I can do it
