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EURUSD

  • #895,481
  • May 6, 2014 10:34pm May 6, 2014 10:34pm
Quoting ruffryders
Morning traders! Good luck shorting EUR USD RES TURN SUP and tall marubozu support. final push coming above gray area, and the game is ON. {image}
why so many guys agree on the same number 4040? Why not 4060 (my number)?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #895,482
  • May 6, 2014 10:36pm May 6, 2014 10:36pm
Quoting ffleo
{quote} why so many guys agree on the same number 4040? Why not 4060 (my number)?
scroll back on monthly charts, 4040 is there.
  • #895,483
  • May 6, 2014 10:37pm May 6, 2014 10:37pm
Quoting ruffryders
Morning traders! Good luck shorting EUR USD RES TURN SUP and tall marubozu support. final push coming above gray area, and the game is ON. {image}
green vs red - 18 to 10. candle count on that weekly. kinda tells you who's actually in control now.
  • #895,484
  • May 6, 2014 10:38pm May 6, 2014 10:38pm
Quoting ruffryders
{quote} scroll back on monthly charts, 4040 is there.
so it wont be taken out by 20 pips?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #895,485
  • May 6, 2014 10:39pm May 6, 2014 10:39pm
Quoting ruffryders
{quote} green vs red - 18 to 10. candle count on that weekly. kinda tells you who's actually in control now.
every run no matter bull or bear has to come to an end
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #895,486
  • May 6, 2014 10:45pm May 6, 2014 10:45pm
Quoting ffleo
{quote} every run no matter bull or bear has to come to an end
true. still if EU takes out 4000 and builds base around that area, it can come up with a fresh rally from that point.
  • #895,487
  • May 6, 2014 10:47pm May 6, 2014 10:47pm
Quoting ruffryders
{quote} true. still if EU takes out 4000 and builds base around that area, it can come up with a fresh rally from that point.
UCHF @ 8615 should produce some reaction / pullback on EU.
  • #895,488
  • May 6, 2014 10:54pm May 6, 2014 10:54pm
Quoting ffleo
{quote} Hey slow, suppose you have a long running for target P-h (price high), but you want to take advantage of a retrace before hitting target P-h, and here are two scenarios: 1) enter a short at P-m (price middle), and let it go to target P-l (price low). and it does hit P-l, and you have the original long left to run for its target P-h. 2) close the original long at P-m. So you are flat now. But you will leave two pending orders open, one short order at P-h with target P-l, and one long order at P-l with target P-h. Are the two scenarios same?...
Don't know and don't care if they are the same, they aren't my trades.

I proved you wrong on math .. and I traded live, play by play, with levels for you, to show you how your math is wrong. You never rebutted me, and 24 hours later ... success ... and you still are going with 1 = 2 ... lol, I give up.
  • #895,489
  • May 6, 2014 10:55pm May 6, 2014 10:55pm
Quoting ffleo
{quote} why so many guys agree on the same number 4040? Why not 4060 (my number)?
thats why.
  • #895,490
  • May 6, 2014 11:01pm May 6, 2014 11:01pm
I made a big mistake short EU without SL yesterday.
Close all positions and start over now!

Down 2.5% total for the week
was up 7%

careful everyone one remember SL don't be like me
  • #895,491
  • May 6, 2014 11:03pm May 6, 2014 11:03pm
Quoting aarontdang
I made a big mistake short EU without SL yesterday. Close all positions and start over now! Down 2.5% total for the week was up 7% careful everyone one remember SL don't be like me
EU only rose 85'ish pips this week, and you lost you lost 2.5% and then 7%?

SL's isn't your problem, over-leverage is your problem.
  • #895,492
  • May 6, 2014 11:05pm May 6, 2014 11:05pm
Quoting slow-trader
{quote} EU only rose 85'ish pips this week, and you lost you lost 2.5% and then 7%? SL's isn't your problem, over-leverage is your problem.
Total loss only -2.5% for the week!
no risk no gain, each person have difference style.
  • #895,493
  • May 6, 2014 11:07pm May 6, 2014 11:07pm
Quoting aarontdang
{quote} Total loss only -2.5% for the week! no risk no gain, each person have difference style.
of course, but that much leverage ... a news spike will kill your account.

I just don't understand why people trade with that high leverage. Good luck though.
  • #895,494
  • May 6, 2014 11:07pm May 6, 2014 11:07pm
no matter what some of the new muppets who have joined this thread call I am going to short the euro big time.

  • #895,495
  • May 6, 2014 11:07pm May 6, 2014 11:07pm
Quoting slow-trader
{quote} of course, but that much leverage ... a news spike will kill your account. I just don't understand why people trade with that high leverage. Good luck though.
My leverage is only 50:1
not that high
  • #895,496
  • May 6, 2014 11:09pm May 6, 2014 11:09pm
Quoting giveachance
no matter what some of the new muppets who have joined this thread call I am going to short the euro big time.
I would wait until it getting higher!
its not stopping yet, they haven't take out weak short
Not counting more people would rush to cover their short.
gonna be a big spike!
  • #895,497
  • May 6, 2014 11:10pm May 6, 2014 11:10pm
Quoting slow-trader
{quote} of course, but that much leverage ... a news spike will kill your account. I just don't understand why people trade with that high leverage. Good luck though.
which news spike is left to come now. mind you bulls today is highly sensitive data for the euro. euro cannot be slammed all the way down to 3880 and then draghi takes it down tomorrow to 3840 and then 3792
  • #895,498
  • May 6, 2014 11:12pm May 6, 2014 11:12pm
Quoting aarontdang
{quote} I would wait until it getting higher! its not stopping yet, they haven't take out weak short Not counting more people would rush to cover their short. gonna be a big spike!
and how about taking out the overconfident bull at 3940. you thought abt that. kiwi was riding like a monster yesterday and in comes mr wheeler and kiwi gets slapped for 80 pips. same will happen with GBP and euro. mark my words
  • #895,499
  • May 6, 2014 11:12pm May 6, 2014 11:12pm
Quoting giveachance
{quote} which news spike is left to come now. mind you bulls today is highly sensitive data for the euro. euro cannot be slammed all the way down to 3880 and then draghi takes it down tomorrow to 3840 and then 3792
Draghi cant do shit yet!
just talk we need action!
ECB said it was high @ 1.38 already

Need to learn to accept loss.
As long you still have capital you still
can make it back. But holding underwater
positions sux.
  • #895,500
  • May 6, 2014 11:12pm May 6, 2014 11:12pm
Quoting aarontdang
{quote} My leverage is only 50:1 not that high
25:1 is my brokers max leverage. Thats all the risk I need without the need for a defribillator..
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