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EURUSD

  • #884,481
  • Mar 19, 2014 4:22pm Mar 19, 2014 4:22pm
Quoting Neeraj_Raj
{quote} Fundamental human Psychology :- The only person who has the power to change your opinion is you. Since your opinion of the trade was in the direction of what you took, it is hard to change your opinion that you were wrong and hence you keep adding to losing trades because you cannot accept the fact that you were wrong. Moreover, closing a losing trade is losing real money unlike floating numbers where you hope that it will come down to the price where you can close it without losing money. Actually losing money is hard to accept. This also...
Very well said. Thanks.
  • #884,482
  • Mar 19, 2014 4:25pm Mar 19, 2014 4:25pm
Quoting ffleo
{quote} How can you be sure that your profit will always grow instead of shrinking? How can you be sure that a move in your favor will not turn around to go against you? I would never add to a position that is in profit. I will only gradually scale out to take profit step by step.
I agree and understand that I am not sure when profit can grow or shrink but losses very easily become bigger than profits.. I think Neeraj_Raj explain well the reason.
  • #884,483
  • Mar 19, 2014 4:26pm Mar 19, 2014 4:26pm
Quoting 786 trading
Hi Guys, I am trying to find the reason and answer of few of my questions; Can you help me; Why it is easy to add more trades in loosing trades? Why it is easy to make losses bigger by holding them and adding more loosers in it than holding the profit. How one can get rid of these diseases? How can we add more trades in profit and also extend the profits? Regards
I heard someone say the best trader he knows only wins about 40% of his trades, learn about risk and reward ratios and proper money management instead and stop looking for those other answers.

And to answer your other questions............the market is fixed by big banks and the odds are in their favor and they hold all the cards and they know more about the way you trade then you know about yourself ! The Forex industry is rigged in all aspects from the brokers to the news to the education to take advantage of the retail trader.
  • #884,484
  • Mar 19, 2014 4:31pm Mar 19, 2014 4:31pm
Quoting irongoose
{quote} I heard someone say the best trader he knows only wins about 40% of his trades, learn about risk and reward ratios and proper money management instead and stop looking for those other answers. And to answer your other questions............the market is fixed by big banks and the odds are in their favor and they hold all the cards and they know more about the way you trade then you know about yourself ! The Forex industry is rigged in all aspects from the brokers to the news to the education to take advantage of the retail trader.
Well said, and right on the mark.
  • #884,485
  • Mar 19, 2014 4:32pm Mar 19, 2014 4:32pm
Quoting suthmo
{quote}
Wow your biography is really interesting. Going through the posts now. Just wondering do you make money trading or you are better paid being an analyst ?, making money for someone else.
Everything you want lies on the other side of fear.
  • #884,486
  • Mar 19, 2014 4:34pm Mar 19, 2014 4:34pm
Quoting gatorinla
lets c if this micro can get us to 3839/43.. and get the party started
what's your tp?
  • #884,487
  • Mar 19, 2014 4:48pm Mar 19, 2014 4:48pm
Quoting gatorinla
lets c if this micro can get us to 3839/43.. and get the party started
Looks like LM becomes resistance for now
  • #884,488
  • Mar 19, 2014 4:58pm Mar 19, 2014 4:58pm
I will leave this here, and update for the next 2 days. You saw it here first ;-)
http://i.imgur.com/DHatCj4.png
  • #884,489
  • Mar 19, 2014 5:05pm Mar 19, 2014 5:05pm
lets wait!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 56 KB
  • #884,490
  • Mar 19, 2014 5:07pm Mar 19, 2014 5:07pm
bears are come...
if 3807 break
hope to see 1.3737
Price turnback to where, he escaped from there
  • #884,491
  • Mar 19, 2014 5:15pm Mar 19, 2014 5:15pm
Quoting Devart
{quote} Srr can u please draw this trend line ? Thx u
here it is:
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 139 KB
KEEP CALM AND CARRY ON SHORTING
  • #884,492
  • Mar 19, 2014 5:23pm Mar 19, 2014 5:23pm
Bulls furiously redrawing their trend-lines, its still in trend, its still in trend, its still in trend xD
  • #884,493
  • Mar 19, 2014 5:29pm Mar 19, 2014 5:29pm
Can't wait for the bull to rip all your heads off. It's almost certain to happen, it was clear how much strength the bull had this morning.
  • #884,494
  • Mar 19, 2014 5:30pm Mar 19, 2014 5:30pm
Tripling shorts here, Average now 1.3840. Putting SLs at 1.3856, 1.3884

1st Target is 1.3680
Twitter: @TrendersGame
  • #884,495
  • Mar 19, 2014 5:35pm Mar 19, 2014 5:35pm
shoot, I fell asleep
New voice message: Why are you calling me? If I need you, I'll call you!
  • #884,496
  • Mar 19, 2014 5:36pm Mar 19, 2014 5:36pm
Quoting KillerWhale
shoot, I fell asleep
did I miss anything?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #884,497
  • Mar 19, 2014 5:39pm Mar 19, 2014 5:39pm
Quoting Brassboy
Can't wait for the bull to rip all your heads off. It's almost certain to happen, it was clear how much strength the bull had this morning.
HAHAHA the denial is big on this one.
Keep redrawing that trendline of yours its going to hold, just watch it
  • #884,498
  • Mar 19, 2014 5:39pm Mar 19, 2014 5:39pm
Quoting KillerWhale
{quote} did I miss anything?

This will tell you all you need to know. http://www.bloomberg.com/news/2014-0...for-rates.html

2 year yields blowing out. The USD Is back.
Twitter: @TrendersGame
  • #884,499
  • Mar 19, 2014 5:39pm Mar 19, 2014 5:39pm
Quoting KillerWhale
{quote} did I miss anything?
They finally fought WW3 and you missed the whole thing! Should have been there!
  • #884,500
  • Mar 19, 2014 5:42pm Mar 19, 2014 5:42pm
Quoting Citiboy
{quote} This will tell you all you need to know. http://www.bloomberg.com/news/2014-0...for-rates.html 2 year yields blowing out. The USD Is back.
the belly was were the shit went down...

check 5's and ultimately the 5s30s, major lols on all those trading the steepeners.
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