those who can, do. those who cant, talk about those who can
- #913,301
- Jul 30, 2014 1:25pm Jul 30, 2014 1:25pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
- #913,302
- Jul 30, 2014 1:28pm Jul 30, 2014 1:28pm
- | Commercial User | Joined Feb 2010 | 13,260 Posts
{quote} Max you know that those "big boyz" took a nasty hit for holding those longs from 1.37 or even 1.38 how some of them hope to see that again, I said it then and I'm saying it now October 1.30 - 1.32 and if nothing bad is going to happen with global economy USD is gonna get bid a lot against most of the majors in the next 2 years. That QE1,2 & 3 theory and their cycle runs still hold for me, the tricky part will be to figure out what is going to happen from the time QE3 will end until the FED hikes the rates. Cheers and green pips...
same boat
{quote} I'm doing this. Burned -51 % of my account, have a good weekend everyone.
,,... im just short of words... looks like it was gonna have a bounce, but it kept slipping a long way down... i cant hold off any more.. the sad thing now is that it will start going up, but the nerve has bin weakened, and that prospective trade will now be overlooked,, i wish i had kept my short and i hadnt gone long when i did.. its was a very costly mis calculation that caused me half+1% of my account..
- #913,306
- Jul 30, 2014 1:36pm Jul 30, 2014 1:36pm
{quote} same as me.. i exactly burned 51% too.. it is so much enough to shake one off for a trade...
See you the next time my friend. Hope the damage is not that bad, totally same situation.Nice trap today
Trade. Learn. Adjust.
- #913,307
- Jul 30, 2014 1:40pm Jul 30, 2014 1:40pm
- Joined Aug 2011 | Status: Trader | 4,956 Posts
As the lights go by so too do the shadows move
short at pullback believe eu will still continue falling after fomc
- #913,309
- Jul 30, 2014 1:41pm Jul 30, 2014 1:41pm
- | Commercial User | Joined Feb 2010 | 13,260 Posts
{quote} same as me.. i exactly burned 51% too.. it is so much enough to shake one off for a trade...
- #913,310
- Jul 30, 2014 1:51pm Jul 30, 2014 1:51pm
- Joined Aug 2011 | Status: Trader | 4,956 Posts
As the lights go by so too do the shadows move
- #913,318
- Jul 30, 2014 5:41pm Jul 30, 2014 5:41pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
EU Monthly trap was not set yesterday, was set up in March & April and sealed in June
march pierced resistance and closed doji @ resistance, (bearish unconfirmed) april closed spinning top with close just above resistance (bullish unconfirmed) May well May is may, June printed a hammer @ previous candle low (bullish unconfirmed) July with 1 day to go, no wick rejection of resistance (bearish confirming march doji) right now tapping the rising tl and 50 sma
Close here could be seen as bullish (unconfirmed) below the rising tl and 50sma bearish (unconfirmed)
May was pretty sad for me watching traders trying to buy over and over, june wasn't so bad as rest month, but so far all july they been queuing up like sheep again, wtf, either very deep pockets or not real money, anyway some of the bullish comments made me want to puke.
Right now I am sitting on hands, she has good potential to bounce, likewise if support breaks the plummet will continue, as of now the break north has been rejected and waiting to see if she can break south and with nfp this could be an explosive nfp, one we haven't seen for a couple years now, so anyone who really values their account, better be real careful, if these bastards want to screw the market they can at anytime they want
march pierced resistance and closed doji @ resistance, (bearish unconfirmed) april closed spinning top with close just above resistance (bullish unconfirmed) May well May is may, June printed a hammer @ previous candle low (bullish unconfirmed) July with 1 day to go, no wick rejection of resistance (bearish confirming march doji) right now tapping the rising tl and 50 sma
Close here could be seen as bullish (unconfirmed) below the rising tl and 50sma bearish (unconfirmed)
May was pretty sad for me watching traders trying to buy over and over, june wasn't so bad as rest month, but so far all july they been queuing up like sheep again, wtf, either very deep pockets or not real money, anyway some of the bullish comments made me want to puke.
Right now I am sitting on hands, she has good potential to bounce, likewise if support breaks the plummet will continue, as of now the break north has been rejected and waiting to see if she can break south and with nfp this could be an explosive nfp, one we haven't seen for a couple years now, so anyone who really values their account, better be real careful, if these bastards want to screw the market they can at anytime they want
If you are new to Forex? Say Goodbye to your account!!
