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  • #894,801
  • May 4, 2014 3:27pm May 4, 2014 3:27pm
Quoting Vachus
{quote} It's quite strange the way you put it. This place is probably the most thread you will find the word " Risk management", " risk reward ratio "," Do not risk more than 1% on any kung fu setup ", " Stoplose, use stoplose ", " Do not a loser run ", " cut your loses and leave your profite to run like a deer ".... Yet, it is the same place once price moves 50-100 pips, goes into silent mode
I took my profits before market close Friday. Wasn't going to hold a minute chart entry with war in the Ukraine looming.
  • #894,802
  • May 4, 2014 3:32pm May 4, 2014 3:32pm
Quoting aarontdang
{quote}We can talk all we want
Well. no not really ... not all people can talk, and most certainly make sense same time!

Quoting Kanzler
{quote} I took my profits before market close Friday. Wasn't going to hold a minute chart entry with war in the Ukraine looming.
Well, congratulation - Ukraine is nothing, do not worry too much
"It's the Margin, Stupid."
  • #894,803
  • May 4, 2014 3:37pm May 4, 2014 3:37pm
Quoting Vachus
{quote} Well. no not really ... not all people can talk, and most certainly make sense same time! {quote} Well, congratulation - Ukraine is nothing, do not worry too much
Just don't want to turn my half percent risk into 50 lol. When you hold positions over the weekend it's a gamble.
  • #894,804
  • May 4, 2014 3:39pm May 4, 2014 3:39pm
Quoting Vachus
This is the first time, since i joined forex factory to find this place ' silent like a grave yard' few hours before the opening ...
Uncertainty control many
For me i know what i will do when market open will put my limit order and SL "Even don't like use sl just mental but this week i have 2"
  • #894,805
  • May 4, 2014 3:45pm May 4, 2014 3:45pm
Quoting Kanzler
{quote} Just don't want to turn my half percent risk into 50 lol. When you hold positions over the weekend it's a gamble.
You are trading EURUSD, the least predictable pair... you are not worrying about that, while you consider Ukraine a gamble!

Quoting egkid
{quote} Uncertainty control many"
This is exactly my point, since when this market is certain?! ...
"It's the Margin, Stupid."
  • #894,806
  • May 4, 2014 3:52pm May 4, 2014 3:52pm
Quoting Vachus
{quote} You are trading EURUSD, the least predictable pair... you are not worrying about that, while you consider Ukraine a gamble! {quote} This is exactly my point, since when this market is certain?! ...
I've always thought it was one of the better behaved pairs, actually. Although really the rest aren't that bad either once you know what to look for. Absolutely used to loathe Cable though...
  • #894,807
  • May 4, 2014 3:59pm May 4, 2014 3:59pm
Okie .... Let's the selling of EU begin....60 seconds to go
  • #894,808
  • May 4, 2014 4:00pm May 4, 2014 4:00pm
Quoting Kanzler
{quote} I've always thought it was one of the better behaved pairs, actually. Although really the rest aren't that bad either once you know what to look for. Absolutely used to loathe Cable though...
It seems you have being a beneficiary of current range on the daily time frame, that you almost forget this pair rarely behaves ... Cable is an amazing pair, i wish i paid attention to it early. Do i need to remind you or last encounter over $1.38 ?
"It's the Margin, Stupid."
  • #894,809
  • May 4, 2014 4:04pm May 4, 2014 4:04pm
Quoting Vachus
{quote} It seems you have being a beneficiary of current range on the daily time frame, that you almost forget this pair rarely behaves ... Cable is an amazing pair, i wish i paid attention to it early. Do i need to remind you or last encounter over $1.38 ?
I don't trade ranges, and I don't trade trends. All I can say is that there are a lot of signs that this rally is coming to an end in the not so distant future, and that shorts are the best long term opportunities. When it does fail, it'll take a year at most to undo the last two.
  • #894,810
  • May 4, 2014 4:08pm May 4, 2014 4:08pm
Quoting Kanzler
{quote} I don't trade ranges, and I don't trade trends. All I can say is that there are a lot of signs that this rally is coming to an end in the not so distant future, and that shorts are the best long term opportunities. When it does fail, it'll take a year at most to undo the last two.
Okay. but i meant by out last encounter to prove the predictability part - though both of us were right, despite the fact we were on the opposite side ... we were both knocked out! In any case, i wish u the best of luck
"It's the Margin, Stupid."
  • #894,811
  • May 4, 2014 4:09pm May 4, 2014 4:09pm
long term short yeah, 1.40 hm maybe very short time, but months from now i see more 1.25+ range due ecb
But short time take profits whatever it does
  • #894,812
  • May 4, 2014 4:19pm May 4, 2014 4:19pm
Quoting Vachus
{quote} Okay. but i meant by out last encounter to prove the predictability part - though both of us were right, despite the fact we were on the opposite side ... we were both knocked out! In any case, i wish u the best of luck
You talking about last week?
  • #894,813
  • May 4, 2014 4:41pm May 4, 2014 4:41pm
Quoting Kanzler
{quote} You talking about last week?
No, December 2014
"It's the Margin, Stupid."
  • #894,814
  • May 4, 2014 4:51pm May 4, 2014 4:51pm
Quoting Vachus
{quote} No, December 2014
Ah. Well, as mentioned earlier I think it could go all the way up to 1.423 but more likely if it breaks this it'll get rejected by 1.394-1.396. Just a lot more downside potential than up.
  • #894,815
  • May 4, 2014 5:12pm May 4, 2014 5:12pm
These ranges are quite predictable. Last week The Euro did them about 3 times. http://www.forexfactory.com/attachme...3&d=1399238651
  • #894,816
  • May 4, 2014 5:34pm May 4, 2014 5:34pm
Was just looking to my chart very tricky ,Many will lose this week
If you are not sure what u do and things not clear don't involve in a trade plz
  • #894,817
  • May 4, 2014 6:24pm May 4, 2014 6:24pm
Quoting egkid
Was just looking to my chart very tricky ,Many will lose this week If you are not sure what u do and things not clear don't involve in a trade plz
and few will win, what else is new? Price will either go up, down or continue sideways. What will you do?
All posts are my personal opinion
  • #894,818
  • May 4, 2014 6:32pm May 4, 2014 6:32pm
Maybe this is a stupid trade...

But I'm going to scalp

Long EU @ 1.38723 TP 1.3880 SL 1.3863
Let see which one will hit first
  • #894,819
  • May 4, 2014 6:33pm May 4, 2014 6:33pm
Quoting aarontdang
Maybe this is a stupid trade... But I'm going to scalp Long EU @ 1.38723 TP 1.3880 SL 1.3863 Let see which one will hit first
You shouldn't enter a trade you're already denigrating as stupid. I think you might have a case of itchy finger.
  • #894,820
  • May 4, 2014 6:41pm May 4, 2014 6:41pm
Quoting Kanzler
{quote} You shouldn't enter a trade you're already denigrating as stupid. I think you might have a case of itchy finger.
I think 1.3870 is well support for now.
It's just scalp, it will go up one more time!
Since GU is holding, and it won't drop
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