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  • #10,681
  • Mar 6, 2014 5:40am Mar 6, 2014 5:40am
Yep, the video helps, just to get ready at the right moment.
  • #10,682
  • Mar 6, 2014 5:47am Mar 6, 2014 5:47am
any trader who entered eur/jpy in the asian session in anticipation to go long for ecb conference.
must be laughing so hard to the bank right now...
  • #10,683
  • Mar 6, 2014 5:54am Mar 6, 2014 5:54am
Quoting Tuffy
any trader who entered eur/jpy in the asian session in anticipation to go long for ecb conference. must be laughing so hard to the bank right now...

HOLY FUCK! though i lost a small bit, this was VERY GOOD EXPERIENCE! I think I might be addicted to live video/5 sec chart trading ... faccckk!
  • #10,684
  • Mar 6, 2014 5:54am Mar 6, 2014 5:54am
That is one monster move right there my friend. Retirement material that one...
  • #10,685
  • Mar 6, 2014 6:00am Mar 6, 2014 6:00am
is this how eur/jpy normally acts with news??
  • #10,686
  • Mar 6, 2014 6:03am Mar 6, 2014 6:03am
Quoting nitecop
is this how eur/jpy normally acts with news??
I am not sure if this is normal, but, EUR got a kick in the pants, and of course JPY is being weakened by the BOJ, so probably conflagration of confluences resulting in the perfect vortex to liberally attract price to a next ceiling. (I'm trying to sound very clever, is it working?) However I believe that is the gist of it...



H
  • #10,687
  • Mar 6, 2014 6:11am Mar 6, 2014 6:11am
I'm floating but I lost a lot of youth. A lot.
Attached Image (click to enlarge)
Click to Enlarge Name: ECB-PRESS6.gif Size: 36 KB
Invest in alarm clocks
  • #10,688
  • Mar 6, 2014 6:14am Mar 6, 2014 6:14am
Quoting Tony112
I'm floating but I lost a lot of youth. A lot. {image}

still a 200 tp tony? btw it's quite hard to maintain a 5 SL position how do you do it!
  • #10,689
  • Mar 6, 2014 6:16am Mar 6, 2014 6:16am
What happened Tony?
  • #10,690
  • Mar 6, 2014 6:19am Mar 6, 2014 6:19am
I like this Mario guy!
Attached Image (click to enlarge)
Click to Enlarge Name: super_mario_draghi_hyperinflation_money_printing.jpg Size: 142 KB
  • #10,691
  • Mar 6, 2014 6:56am Mar 6, 2014 6:56am
Quoting Tony112
I'm floating but I lost a lot of youth. A lot. {image}
LOL yes Tony these type of trades can age a person rapidly... Got whipped and chained today!!!
  • #10,692
  • Mar 6, 2014 6:59am Mar 6, 2014 6:59am
okay I just looked at past EURJPY data... this is how it normally acts! Crazy and Clean!
  • #10,693
  • Mar 6, 2014 7:04am Mar 6, 2014 7:04am
Quoting nitecop
i like this mario guy! {image}
hahahahahahahabahahahahahahahahaha u made my month
Invest in alarm clocks
  • #10,694
  • Mar 6, 2014 7:06am Mar 6, 2014 7:06am
Quoting Naokia980
What happened Tony?
I got it flying but too many attempts. Almost fell from my chair...almost collapsed on the groud
Invest in alarm clocks
  • #10,695
  • Mar 6, 2014 7:16am Mar 6, 2014 7:16am
UJ stopped out @ +20 pips

EU still open, SL @ +75 pips

Yay...

H
  • #10,696
  • Mar 6, 2014 7:17am Mar 6, 2014 7:17am
What a day! Bad trade ideas.. Wait NFP report tomorrow,wish luck..
  • #10,697
  • Mar 6, 2014 7:24am Mar 6, 2014 7:24am
Quoting Tony112
{quote} I got it flying but too many attempts. Almost fell from my chair...almost collapsed on the groud

yeah it was tough, I think however 5 SL is too low but 10 does have a good survival rate especially on the jpy pair otherwise it's a shitty 20sL on any other pair

EDIT: Also JPY offers great RR ratios
  • #10,698
  • Mar 6, 2014 8:21am Mar 6, 2014 8:21am
Quoting nitecop
{quote} still a 200 tp tony? btw it's quite hard to maintain a 5 SL position how do you do it!
It's automatically set as soon as i place my trade
Invest in alarm clocks
  • #10,699
  • Mar 6, 2014 8:25am Mar 6, 2014 8:25am
My first order hit SL, second got a problem with the server and opened 2 positions which I closed immediately with a big loss and then with a fourth order I catched the up move which I managed very tightly to reduce the total loss in case market reversed and got out with only 30 pips but at least in the end I suffered only a very small loss and wrote to the broker regarding the execution problem and am waiting for an answer.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 2014-03-06 a 17.22.22.png Size: 29 KB
  • #10,700
  • Mar 6, 2014 8:39am Mar 6, 2014 8:39am
JPY crosses seem to move a lot more smoothly then EUR/USD, next time I'll try to trade them
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