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EURUSD

  • #865,961
  • Dec 27, 2013 2:49am Dec 27, 2013 2:49am
still no signs of weakness in EUR/ USD ....
  • #865,962
  • Dec 27, 2013 2:50am Dec 27, 2013 2:50am
I went live with a real account today after about 12 months of watching

Currently down nearly $4k on a $10k acaccount

Years savings down the drain
  • #865,963
  • Dec 27, 2013 2:52am Dec 27, 2013 2:52am
Last ditch short at 1.3798. put SL at 1.3810 and 1.3830
Twitter: @TrendersGame
  • #865,964
  • Dec 27, 2013 2:55am Dec 27, 2013 2:55am
Quoting Ken A
{quote} I could be wrong but not permitted by E/U and G/U
EJ hits resistance at 144.5 It just might spike to 145 then comes down.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ_011.png Size: 57 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #865,965
  • Dec 27, 2013 2:56am Dec 27, 2013 2:56am
Was a nice run.

Time to start looking for shorts.

I think the euro-bull party is coming to an end.
  • #865,966
  • Dec 27, 2013 2:57am Dec 27, 2013 2:57am
Quoting magelordmojo
I went live with a real account today after about 12 months of watching Currently down nearly $4k on a $10k acaccount Years savings down the drain
You still got 6k
  • #865,967
  • Dec 27, 2013 2:58am Dec 27, 2013 2:58am
Quoting ffleo
{quote} EJ hits resistance at 144.5 It just might spike to 145 then comes down. {image}
Correlation is nice if you know what to look for the hardest part is the waiting for the levels hit
  • #865,968
  • Dec 27, 2013 2:58am Dec 27, 2013 2:58am
Quoting magelordmojo
I went live with a real account today after about 12 months of watching Currently down nearly $4k on a $10k acaccount Years savings down the drain
You chose the wrong time to enter the market...you should have waited for the new year at least. Trading during low liquitiy time is always dangerous

Hope you'll get your money back
COT: The precious data ignored
  • #865,969
  • Dec 27, 2013 2:58am Dec 27, 2013 2:58am
I shorted on every rise and collected 5 pips each on 4 trades. All against the trend. Recklessness or plain stupid?
  • #865,970
  • Dec 27, 2013 3:04am Dec 27, 2013 3:04am
Quoting kesk
I shorted on every rise and collected 5 pips each on 4 trades. All against the trend. Recklessness or plain stupid?
NO, it is a way of trading, some are good with trend some are better against..
Wherever you go, there you are.
  • #865,971
  • Dec 27, 2013 3:07am Dec 27, 2013 3:07am
Quoting magelordmojo
I went live with a real account today after about 12 months of watching Currently down nearly $4k on a $10k acaccount Years savings down the drain

down 40% in one day? you used too much leverage.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #865,972
  • Dec 27, 2013 3:08am Dec 27, 2013 3:08am
I was down to %10 usable margin, all they wah back to %33 now feeling comfortable LOL
  • #865,973
  • Dec 27, 2013 3:09am Dec 27, 2013 3:09am
EUR/USD going silently sideway under a strong resistance like 1.3800. usually this means it's preparing to break above it . but when will it really reverse ?
1.3810 ? 1.3830? . don't open shorts before you see a reverse confirmation
  • #865,974
  • Dec 27, 2013 3:11am Dec 27, 2013 3:11am
Quoting sharif_pc
EUR/USD going silently sideway under a strong resistance like 1.3800. usually this means it's preparing to break above it . but when will it really reverse ? 1.3810 ? 1.3830? . don't open shorts before you see a reverse confirmation

indeed. All TFs above 5 min appear extremely bullish, even as we sit below some major resistances.

Glad I'm on holiday. GL to you addicts.
  • #865,975
  • Dec 27, 2013 3:13am Dec 27, 2013 3:13am
Some interests in 1.376x and 1.373x
COT: The precious data ignored
  • #865,976
  • Dec 27, 2013 3:13am Dec 27, 2013 3:13am
Quoting milam
{quote} When you sit tight how much risk is allowed for trade* in term of pips? *(I imagine you are buying more the way up, the way he did)
I do not always follow him. However, he used to enter heavy at the very begining of a breakout dividing his position in three parts and then used to sit until trend exhausted. He always played trend reversals when a new trend started making hhs or lls. He used to get out at first sign of danger after entering, but sat tight for all retraces. This way his profits were huge and losses were small.
The Thief of Wall Street
  • #865,977
  • Dec 27, 2013 3:14am Dec 27, 2013 3:14am
Quoting sharif_pc
EUR/USD going silently sideway under a strong resistance like 1.3800. usually this means it's preparing to break above it . but when will it really reverse ? 1.3810 ? 1.3830? . don't open shorts before you see a reverse confirmation
when it drops below 3600 you get a reverse confirmation. if you are not confident with 3600, wait for it to drop below 3500
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #865,978
  • Dec 27, 2013 3:17am Dec 27, 2013 3:17am
Quoting kesk
I shorted on every rise and collected 5 pips each on 4 trades. All against the trend. Recklessness or plain stupid?
Everyone has different style, and if it works for you, why not? I sincerely wish you best of luck.
Don't blame the tools. Blame the carpenter.
  • #865,979
  • Dec 27, 2013 3:17am Dec 27, 2013 3:17am
.................. and the brokers once again cheating us, thanks to technology.
The Thief of Wall Street
  • #865,980
  • Dec 27, 2013 3:19am Dec 27, 2013 3:19am
FX RAT BACK REPORTING FOR DUTY.

The Intentions of this pair have now been 100%
confirmed with this move. Stay in those longs from
last week.
rat
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