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  • #866,001
  • Dec 27, 2013 4:05am Dec 27, 2013 4:05am
Quoting Vachus
{quote} ......Why would price go back three times in a row to the same place it was sold at ?! It has been hovering under 1.38 with no signs of bears - at all ! ..........
This is bear mating season. If they find female bears, good. If not, they grab traders who are short.
The Thief of Wall Street
  • #866,002
  • Dec 27, 2013 4:06am Dec 27, 2013 4:06am
I'm waiting until crude oil inventories and hopefully abit of volatility will push the euro down to daily lows and I can get out with some of my pips
  • #866,003
  • Dec 27, 2013 4:09am Dec 27, 2013 4:09am
Quoting ffleo
{quote} that is wierd. you just shouted big reversal a couple days ago and got laughed at by rattyo. you also questioned people going long with attila. now you flip your market bias so fast
Are you sure about that ? ...
"It's the Margin, Stupid."
  • #866,004
  • Dec 27, 2013 4:09am Dec 27, 2013 4:09am
Quoting magelordmojo
I'm waiting until crude oil inventories and hopefully abit of volatility will push the euro down to daily lows and I can get out with some of my pips
If this is what you are determined to do, go for $4,000 profit as well. No risk, no game.
The Thief of Wall Street
  • #866,005
  • Dec 27, 2013 4:12am Dec 27, 2013 4:12am
Quoting Vachus
{quote} Are you sure about that ? ...
I think rattyo is sure about that.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,006
  • Dec 27, 2013 4:15am Dec 27, 2013 4:15am
My strategy btw is: Trade the eur/usd during Asia session. Buy or sell she I see macd divergence on the M1 chart and use M5 for overall direction.

good strat?
  • #866,007
  • Dec 27, 2013 4:16am Dec 27, 2013 4:16am
Quoting Chicky
{quote} If this is what you are determined to do, go for $4,000 profit as well. No risk, no game.
Its 40% of your money. Quite a bit to bet on one trade. $10k Depends how good your are I suppose.
It might come back down doubt it really its all very bullish now set up wise. I thought it looked bullish
150 pips lower myself but most people here have a different view it seems that EU is destined to see
135 then 131 before the 140-145.
rat
  • #866,008
  • Dec 27, 2013 4:17am Dec 27, 2013 4:17am
Quoting ffleo
{quote} I think rattyo is sure about that.
Hmmm ... So, how come i said to Givechance the bears has done so many mistakes under 1.37 that i doubt they will recover ? That 1.38 isn't the top for this move ? THat under 1.36920 its a sell , above is a buy ? ( We close yesterday two pips under this number ? In case you were sleeping and running around in the forum! )

I was talking about strong Dollar Q1 - first quarter ...

Quoting Vachus
{quote} I like consistency in arrogance, but sometimes its not if you are right - its about when you are right ? They are buying a retrace , presumably the bigger daily trend. You are arriving at the party late and challenging everyone to dance ... Bears under 1.37 created too many problems, first they couldn't close under 1.365X which was necessary - then when markets forgiven them and price plunged , again they couldn't take out the 1.36. Later on, they went flatterning with 1.3692X - a key resistance in this move ... what should u expect after all these failures ? the bears will recover ?! Selling 1.38 two times in a row was a big mistake done by the bears, and now they gonna pay for this mistake and fuel the move up. I'm still on the short side , but after all this mess created between 1.365X and 1.369X - things will get messy.
Start reading from here:
http://www.forexfactory.com/showthre...54#post7172254
"It's the Margin, Stupid."
  • #866,009
  • Dec 27, 2013 4:19am Dec 27, 2013 4:19am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting magelordmojo
My strategy btw is: Trade the eur/usd during Asia session. Buy or sell she I see macd divergence on the M1 chart and use M5 for overall direction. good strat?
Apperantly not since you are 4k$ down.
How many pips is your SL?
SL is the most important ingredient of all strategies.
Being right is one, taking it from the table is two.
  • #866,010
  • Dec 27, 2013 4:23am Dec 27, 2013 4:23am
Quoting rattyo
{quote} Its 40% of your money. Quite a bit to bet on one trade. $10k Depends how good your are I suppose. It might come back down doubt it really its all very bullish now set up wise. I thought it looked bullish 150 pips lower myself but most people here have a different view it seems that EU is destined to see 135 then 131 before the 140-145.
I have no idea. This is at a very critical level and at a very critical time. Just closed all my longs from 1.3667 with a tiny profit (on live accounts).

The fellow who lost 40%, if survives this trade, will again take a similar one in the future. I know this, because I had been there. I wish people only realize how profitable and joyful trading is with small positions.
The Thief of Wall Street
  • #866,011
  • Dec 27, 2013 4:23am Dec 27, 2013 4:23am
Oh crap I forgot my 20 pip stop losses dam

i knew something didn't seem right
  • #866,012
  • Dec 27, 2013 4:23am Dec 27, 2013 4:23am
Quoting magelordmojo
My strategy btw is: Trade the eur/usd during Asia session. Buy or sell she I see macd divergence on the M1 chart and use M5 for overall direction. good strat?
No

If you ask about it means you don't know about it....either change or work on it dude
COT: The precious data ignored
  • #866,013
  • Dec 27, 2013 4:24am Dec 27, 2013 4:24am
Quoting magelordmojo
I'm waiting until crude oil inventories and hopefully abit of volatility will push the euro down to daily lows and I can get out with some of my pips

The new york guys are known to push euro up.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,014
  • Dec 27, 2013 4:24am Dec 27, 2013 4:24am
just 4K down?????????
look my picture haahahahahahah i have the average in 1,3550
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  • #866,015
  • Dec 27, 2013 4:25am Dec 27, 2013 4:25am
Quoting Now
{quote} Apperantly not since you are 4k$ down. How many pips is your SL? SL is the most important ingredient of all strategies.
You can trade without SL...hardest part without it is to know when to cut it manually
COT: The precious data ignored
  • #866,016
  • Dec 27, 2013 4:26am Dec 27, 2013 4:26am
Quoting Itrade24h
just 4K down????????? look my picture haahahahahahah i have the average in 1,3550 {image}
thinking in deposit 15K more and just wait the 1,33
  • #866,017
  • Dec 27, 2013 4:27am Dec 27, 2013 4:27am
its gone vertical. it broke out of fairly tight range. can happen in holiday periods but wouldn't try shorting it.
  • #866,018
  • Dec 27, 2013 4:27am Dec 27, 2013 4:27am
Every trader I follow on twitter is saying be really careful because of holiday

What is the difference between now and the 2nd week of February
  • #866,019
  • Dec 27, 2013 4:27am Dec 27, 2013 4:27am
Quoting magelordmojo
Oh crap I forgot my 20 pip stop losses dam i knew something didn't seem right
You must be kidding. You losing money and posting here like this?
The Thief of Wall Street
  • #866,020
  • Dec 27, 2013 4:30am Dec 27, 2013 4:30am
Like what?
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