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  • #878,901
  • Feb 25, 2014 9:53am Feb 25, 2014 9:53am
I'm short 6 lots. Come at me bro.
  • #878,902
  • Feb 25, 2014 9:53am Feb 25, 2014 9:53am
If EU take Ukraine on board, then it will be the next Greece, adn that's euro negative, does this make sense?
  • #878,903
  • Feb 25, 2014 9:55am Feb 25, 2014 9:55am
Quoting 50pipsperday
I'm short 6 lots. Come at me bro.

don't short so many lots. wait for a confirmed break on the downside
  • #878,904
  • Feb 25, 2014 9:56am Feb 25, 2014 9:56am
Quoting Razvan
{quote} Someone has to hold the other side of my trade , I don't mind.
I realize many heavy rollers here trading in yards that need that much of liquidity - scary
  • #878,905
  • Feb 25, 2014 9:58am Feb 25, 2014 9:58am
Anybody notice the groupthink on this thread?
It's mesmerising, as soon as a big move happens everybody changes their mind (and goes in, usually at bad entry points...because meh, move already happend) then they start patting eachother on the back that trend has changed and they need to give it time....that is until there's a 70 pip move in the other direction (that's when they start changing their minds, close and buy into the "new trend").
I believe it hurts any trader to take most of the things written here seriously, first think for yourself then read this thread. And for god's sake never read it to reinforce your belief in a trade that's under water.
  • #878,906
  • Feb 25, 2014 9:58am Feb 25, 2014 9:58am
Quoting Ck87
Next hour can be some nice big selling. Otherwise obviously more of this nightmarish range trade ... still think GU lower.

the more pips it catches on the upside the more harder it falls
  • #878,907
  • Feb 25, 2014 9:59am Feb 25, 2014 9:59am
Quoting Razvan
Anybody notice the groupthink on this thread? It's mesmerising, as soon as a big move happens everybody changes their mind (and goes in, usually at bad entry points...because meh, move already happend) then they start patting eachother on the back that trend has changed and they need to give it time....that is until there's a 70 pip move in the other direction (that's when they start changing their minds, close and buy into the "new trend"). I believe it hurts any trader to take most of the things written here seriously, first think for yourself...
who patted whom??? I am not excited all by this small correction
  • #878,908
  • Feb 25, 2014 9:59am Feb 25, 2014 9:59am
Oh shiit its going up
  • #878,909
  • Feb 25, 2014 10:00am Feb 25, 2014 10:00am
Quoting kuroro001
{quote} Yes classic weekly open/close Same side we are on the, hopefully it'll go as planned, but as we are in this shitty range anything can happen
yes, let's see.. so far bulls stepped in at 2x, checking later..
Patience is a virtue...
  • #878,910
  • Feb 25, 2014 10:02am Feb 25, 2014 10:02am
Quoting Razvan
Anybody notice the groupthink on this thread? It's mesmerising, as soon as a big move happens everybody changes their mind (and goes in, usually at bad entry points...because meh, move already happend) then they start patting eachother on the back that trend has changed and they need to give it time....that is until there's a 70 pip move in the other direction (that's when they start changing their minds, close and buy into the "new trend"). I believe it hurts any trader to take most of the things written here seriously, first think for yourself...
Thanks Chef

So don't confuse my mind in posting here. I risk to follow you blindly.
Don't be smart. Be rich.
  • #878,911
  • Feb 25, 2014 10:03am Feb 25, 2014 10:03am
Great to see you guys discussing currency again! Anyway. The news is dubbing it a risk off move. S&P is down, bonds are up. Why does the news have to always try to explain a move??

Cud be risk off...buy the fact sell the rumor...cud be over bought, cud be technical...cud be "M" SHAPE/HEAD N shoulders formation. Whatever it is its very broad based. My biggest losses (3 of them in 6 years) are always following these eternally rising Price action...then one day for seemingly no sound or inverse fundamental reason it goes against me like a tidal wave...u believe it has to turn around...IT HAS TO! All the fundamentals are in its favor...doesnt matter...and the news cums along to explain why ur losing money.
  • #878,912
  • Feb 25, 2014 10:04am Feb 25, 2014 10:04am
Quoting 50pipsperday
Oh shiit its going up
where is your SL for 6 lots?
Miguel get your rescue team ready
Once scalper always scalper
  • #878,913
  • Feb 25, 2014 10:04am Feb 25, 2014 10:04am
Quoting 50pipsperday
Oh shiit its going up
assuming your 6 lots represents only 1% at your SL level then, this small retrace should be no issue....

of course if it represents more like 50% then you are truely in the s**t

  • #878,914
  • Feb 25, 2014 10:05am Feb 25, 2014 10:05am
  • #878,915
  • Feb 25, 2014 10:06am Feb 25, 2014 10:06am
Bear trap
forex outplay
Once scalper always scalper
  • #878,916
  • Feb 25, 2014 10:06am Feb 25, 2014 10:06am
Quoting Mr.C
{quote} EU as planned. SL moved to b/e. TP1 @ 1,3715 hit. TP2 @ 1,3690. {image}
Stopped out @ b/e.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #878,917
  • Feb 25, 2014 10:06am Feb 25, 2014 10:06am
oh man, havent seen such a fast move back for a long time, WOW, fine with me
  • #878,918
  • Feb 25, 2014 10:06am Feb 25, 2014 10:06am
Quoting Ken A
Wait what will happen to E/U if E/J bounce from 140.00

Same goes for G/U and G/J
Ooops back to square one

G/U as well
  • #878,919
  • Feb 25, 2014 10:06am Feb 25, 2014 10:06am
Haha yea this market is insane.... up and down huge swings lately. Gotta expect this before the big sell off that is inevitably coming.
  • #878,920
  • Feb 25, 2014 10:06am Feb 25, 2014 10:06am
lol at this v move
COT: The precious data ignored
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