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  • #886,261
  • Mar 26, 2014 11:19am Mar 26, 2014 11:19am
Quoting Magicmen
{quote} This is scalpers time. Dont disturb
Yeah took direction twice for 500 profit but had left previous positions in place, was good for scalping indeed.
Usually I hate scalping cause it drains your brain, but the last 2 hours were great.
  • #886,262
  • Mar 26, 2014 11:20am Mar 26, 2014 11:20am
Quoting jebon112
hello friend, I am new in forex and i have no experiences. can anybody help me? i have a buy in eur/usd at 1.3809 (.20 lot) and my balance is 95usd. now my free margin is 10usd. what can i do? Please reply me...
you're a gonner...
  • #886,263
  • Mar 26, 2014 11:24am Mar 26, 2014 11:24am
There is a war and i don't like to involve in this situation i prefer to back and get better set up
cya and take care
  • #886,264
  • Mar 26, 2014 11:24am Mar 26, 2014 11:24am
Quoting jebon112
hello friend, I am new in forex and i have no experiences. can anybody help me? i have a buy in eur/usd at 1.3809 (.20 lot) and my balance is 95usd. now my free margin is 10usd. what can i do? Please reply me...
You should be doing paper trade with virtual money instead of real money if u've no idea what's going on...save your account by understanding and learning how to trade first...
  • #886,265
  • Mar 26, 2014 11:35am Mar 26, 2014 11:35am
Quoting zapiron
{quote} yes, but... what direction??
An accumulation phase should be followed by a markup phase where prices go high rapidly.
You might also notice that, prices are around 50% fib. This gives a clue about the end of the retracement of the up-trend. That's why I believe the up-trend should continue.
  • #886,266
  • Mar 26, 2014 11:37am Mar 26, 2014 11:37am
Quoting CadenC
{quote} You should be doing paper trade with virtual money instead of real money if u've no idea what's going on...save your account by understanding and learning how to trade first...
Nah, the faster he losse it the better for him, that is the fastest way to understand this is no easy game.
90 bucks is not a biggie.
swing it!
  • #886,267
  • Mar 26, 2014 11:47am Mar 26, 2014 11:47am
Quoting korkony
{quote} An accumulation phase should be followed by a markup phase where prices go high rapidly. You might also notice that, prices are around 50% fib. This gives a clue about the end of the retracement of the up-trend. That's why I believe the up-trend should continue.
It's around 3724
You cannot learn better without losing
  • #886,268
  • Mar 26, 2014 11:52am Mar 26, 2014 11:52am
Quoting jebon112
hello friend, I am new in forex and i have no experiences. can anybody help me? i have a buy in eur/usd at 1.3809 (.20 lot) and my balance is 95usd. now my free margin is 10usd. what can i do? Please reply me...
Be constructive in giving advice to newbies!

0,2 lot is way too big for a 95 bucks balance!
Do not be sorry I've once blown an account with 3000 USD...
I would say a 1000 USD account should be managed with 0,1 to 0,3 lots positions.
Now I have approx 30000 Eur account and I trade 1 to 3 lots and usually do not open more of 2 trades at once only maybe if they are in opposite direction.
Also I trade one instrument a time, sometimes 2 to hedge against possible losses.

A 100 account should be traded with less than 0,1 lot...

Hope I could help, stay determined and learn on real money, but small account because real and demo is far from each other demo suxs, makes you brave and loose big times on real!

I am in positions now and my margin is 3700%, compare with yours with 0,1 lot on 95 account...
  • #886,269
  • Mar 26, 2014 11:57am Mar 26, 2014 11:57am
Quoting PayTheLimit
{quote} took some support out, but I suspect a bounce will now be in order....perhaps 102.30/33 will be a place to look for shorts me thinks...
Sorry was out and have not seen your post. In M1 the white TL supported. In M5 the support is at 101.85. I wish that it does not retrace at 102.30 my EP.

GL
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Don't be smart. Be rich.
  • #886,270
  • Edited 12:13pm Mar 26, 2014 12:02pm | Edited 12:13pm
GBPJPY, EURUSD, EURJPY, SP500 M15 charts are amazingly correlated, at least in the last 45 mins to 2hrs intervals.....
  • #886,271
  • Mar 26, 2014 12:04pm Mar 26, 2014 12:04pm
Quoting BlazeHun
{quote} Be constructive in giving advice to newbies! 0,2 lot is way too big for a 95 bucks balance! Do not be sorry I've once blown an account with 3000 USD... I would say a 1000 USD account should be managed with 0,1 to 0,3 lots positions. Now I have approx 30000 Eur account and I trade 1 to 3 lots and usually do not open more of 2 trades at once only maybe if they are in opposite direction. Also I trade one instrument a time, sometimes 2 to hedge against possible losses. A 100 account should be traded with less than 0,1 lot... Hope I could help,...
Thanks for your help
can you tell me, at this situation i stay this order or leave this order ? if this price is 3760 than my order is automatically closed.
  • #886,272
  • Mar 26, 2014 12:05pm Mar 26, 2014 12:05pm
i think snp500 is begining the descend of the huge one to 2 years bull rally, we are just at the precipice
  • #886,273
  • Mar 26, 2014 12:07pm Mar 26, 2014 12:07pm
Quoting forexings
{quote} It's around 3724
That if your swing low is calculated based on the first markup move. I'm talking about the second one which started around 1.3640.
  • #886,274
  • Mar 26, 2014 12:09pm Mar 26, 2014 12:09pm
deleted
  • #886,275
  • Mar 26, 2014 12:23pm Mar 26, 2014 12:23pm
What a garbage day. Insane frustrated right now in trading this stuff.

Yesterday, halved my eurusd short LT short position on the dumb spike and put it into a short gbpusd position expressing a bullish dollar view (plus some technical level stuff). Today, the positive pnl from short eurusd wiped out by the gbpusd spike. This dollar weakness is absurdly frustrating with the lack of price direction. Have gotten whipsawed out of any meaningful profits (think up like 1k or so) even though my one and biggest thesis at the moment is continued EURUSD depreciation (initiated first short at 3877).
  • #886,276
  • Mar 26, 2014 12:25pm Mar 26, 2014 12:25pm
Quoting johnsmith78
GBPJPY, EURUSD, EURJPY, SP500 M15 charts are amazingly correlated, at least in the last 45 mins to 2hrs intervals.....
indeed, its almost as some mysterious computer program is trading them....
Look Sharp/Trade Tight
  • #886,277
  • Mar 26, 2014 12:26pm Mar 26, 2014 12:26pm
Quoting Matts Micro
{quote} Yh but if goes down with a close below then she has been too bad for me, dont want her if shes taken from behind, noise or no. I dont go for sloppy seconds.
yes, lets see that
tom sgonna be crucial day, not an ordinary day thats for sure
eur got some beating lets see what they really mean next
laterz
  • #886,278
  • Mar 26, 2014 12:30pm Mar 26, 2014 12:30pm
Quoting PayTheLimit
{quote} indeed, its almost as some mysterious computer program is trading them....

I am sure it does!

But anyway, tomorrow or Friday some guys here might cry, may it be a bull or a bear b/o.
  • #886,279
  • Mar 26, 2014 12:35pm Mar 26, 2014 12:35pm
ES AJ +16
Don't be smart. Be rich.
  • #886,280
  • Mar 26, 2014 12:40pm Mar 26, 2014 12:40pm
Quoting 21vs7
{quote} yes, lets see that tom sgonna be crucial day, not an ordinary day thats for sure eur got some beating lets see what they really mean next laterz
Hi farmers, how are doing today. I still hold GU
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