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  • #885,821
  • Mar 25, 2014 9:57am Mar 25, 2014 9:57am
Quoting kuroro001
No strong sellers to bring the pair down. What it could do is retest the bottom and up we shall go.
we can go everywhere
Once scalper always scalper
  • #885,822
  • Mar 25, 2014 9:58am Mar 25, 2014 9:58am
If bear cannot break 3750 there will be disaster.

Short term strong oversell in 2nd day killed bear, wtf bear wants to gain by staying in 3750-3800 range? Moreover it's giving strong chance to spike up and no return in short term later that may target above 1.40 that 1.40x sellers may fail to defend.

Battle in 1.40-1.39 will be much better option for bear after reaching above 1.40
You cannot learn better without losing
  • #885,823
  • Mar 25, 2014 10:05am Mar 25, 2014 10:05am
Quoting theXfiles
{quote} ok farmer
what u aim mate
are you anywhere else in the motion atm?
  • #885,824
  • Mar 25, 2014 10:18am Mar 25, 2014 10:18am
Quoting 21vs7
{quote} what u aim mate are you anywhere else in the motion atm?
only in cable from 1.6482
have a little farm, only few pigs
  • #885,825
  • Mar 25, 2014 10:18am Mar 25, 2014 10:18am
Stupid me almost blow 25% of my account yesterday.
Didn't anticipate Eur/usd to spike up like that.
Again no stop loss!
I hope I learned my lesson now.
always 15 pips sl in place just in case of spike in wrong direction.
Got out today with minor 3% loss
  • #885,826
  • Mar 25, 2014 10:18am Mar 25, 2014 10:18am
Hmmm ...

This country of ours (USA) seems to be at a crossroads ... do we take the liberal approach (inactive diplomacy) with Russia? or more of a neocon approach?

Will Putin Dare march on Kiev before 2016? Would Nato dare step foot in Ukraine before Putin gives marching orders?

Rick Perry, Jeb Bush, et al just may have a 2016 chance if this country doesn't get results from Obama. Obama is a moderate, not to far left at all, what if what he knows puts him in agreement with neocons? but he just can't act on it? Not hearing a lot of 'what would Bill do' on the MSM.

interesting times ahead.
  • #885,827
  • Mar 25, 2014 10:20am Mar 25, 2014 10:20am
Quoting aarontdang
Stupid me almost blow 25% of my account yesterday. Didn't anticipate Eur/usd to spike up like that. Again no stop loss! I hope I learned my lesson now. always 15 pips sl in place just in case of spike in wrong direction. Got out today with minor 3% loss
You still have 100% of your account! that is good news, trade off of that (what is, not what was).
  • #885,828
  • Mar 25, 2014 10:20am Mar 25, 2014 10:20am
Quoting aarontdang
Stupid me almost blow 25% of my account yesterday. Didn't anticipate Eur/usd to spike up like that. Again no stop loss! I hope I learned my lesson now. always 15 pips sl in place just in case of spike in wrong direction. Got out today with minor 3% loss
You are not trader but gambler
Once scalper always scalper
  • #885,829
  • Mar 25, 2014 10:21am Mar 25, 2014 10:21am
Quoting aarontdang
Stupid me almost blow 25% of my account yesterday. Didn't anticipate Eur/usd to spike up like that. Again no stop loss! I hope I learned my lesson now. always 15 pips sl in place just in case of spike in wrong direction. Got out today with minor 3% loss
You should risk 1% up to 3% on each trade.

You know if you do that everyday, you'll trade big money within a year.

It's not a race, its a marathon
COT: The precious data ignored
  • #885,830
  • Mar 25, 2014 10:24am Mar 25, 2014 10:24am
Quoting kuroro001
{quote} You should risk 1% up to 3% on each trade. You know if you do that everyday, you'll trade big money within a year. It's not a race, its a marathon
shoot, if you are losing out, 1% should be on a high odds longer term trade. intraday/scalping shouldn't be more then .25/.50.

Another que in lessons learned that can be adapted. Pending orders, if a trader is losing 1% of account per day, most likely impulse trading on misinterpretation of price action and not pending orders.

whatever chart you are looking at, take to steps back (1h to 1d, 15m to 1h, etc).
  • #885,831
  • Mar 25, 2014 10:26am Mar 25, 2014 10:26am
Quoting kuroro001
{quote} You should risk 1% up to 3% on each trade. You know if you do that everyday, you'll trade big money within a year. It's not a race, its a marathon
Can you chek in my profile how much % I risking PLZ ?
Once scalper always scalper
  • #885,832
  • Mar 25, 2014 10:30am Mar 25, 2014 10:30am
Quoting freemen
{quote} Can you chek in my profile how much % I risking PLZ ?
2800 pips SL for 460 pips reward ?

You are risking your whole account
COT: The precious data ignored
  • #885,833
  • Mar 25, 2014 10:33am Mar 25, 2014 10:33am
Im short with EUR. I see bearish trends in both EURUSD, EURJPY and EURGBP.
  • #885,834
  • Mar 25, 2014 10:33am Mar 25, 2014 10:33am
High volatility
  • #885,835
  • Mar 25, 2014 10:35am Mar 25, 2014 10:35am
Quoting kuroro001
{quote} 2800 pips SL for 460 pips reward ? You are risking your whole account
You are smart. Trade for funn. Just I think I catch TOP...
Once scalper always scalper
  • #885,836
  • Mar 25, 2014 10:36am Mar 25, 2014 10:36am
Quoting freemen
{quote} You are smart. Trade for funn. Just I think I catch TOP...
Enjoy then
COT: The precious data ignored
  • #885,837
  • Mar 25, 2014 10:36am Mar 25, 2014 10:36am
Where is my friend Draghi?
He promised me 1.37 today
Once scalper always scalper
  • #885,838
  • Mar 25, 2014 10:43am Mar 25, 2014 10:43am
Quoting freemen
Where is my friend Draghi? He promised me 1.37 today
and 1.33 tomorrow

forget Draghi, summon the all mighty panda
  • #885,839
  • Mar 25, 2014 10:43am Mar 25, 2014 10:43am
Quoting gatorinla
{quote} 3832 mid to 3870 now.. old 3757 # is the low..bbl

looks like EU is awaiting for draghi's green light to spike...it jus seems weak but at the same time well supported.
  • #885,840
  • Mar 25, 2014 10:44am Mar 25, 2014 10:44am
Quoting freemen
Where is my friend Draghi? He promised me 1.37 today

what if draghi says, inflation is well anchored in the eurozone, there is no deflation whatsoever, we do not intervene in the forex markets??
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