I checked ForexFactory traders and majority of them were long on EUR. So I went short and made a handsome profit
- #921,463
- Sep 4, 2014 7:12am Sep 4, 2014 7:12am
- Joined May 2014 | Status: From1toMillion | 9,468 Posts
Everyone can see the chart, but only a few can actually read it.
- #921,465
- Sep 4, 2014 7:13am Sep 4, 2014 7:13am
- | Joined Jun 2014 | Status: Full time retard | 1,561 Posts
Why sell the bottoms when you can buy the tops...
- #921,467
- Sep 4, 2014 7:13am Sep 4, 2014 7:13am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
amazing to see so many pop up after news and made millions, but dont seem to remember many entries posted, those who got bitten and admitted it, congrates it sucks but it always will gator you plick 
If you are new to Forex? Say Goodbye to your account!!
- #921,468
- Sep 4, 2014 7:13am Sep 4, 2014 7:13am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #921,469
- Sep 4, 2014 7:13am Sep 4, 2014 7:13am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- #921,472
- Sep 4, 2014 7:16am Sep 4, 2014 7:16am
Do any one has to say anything about this jump ... mine stoploss hit with a very good loss ....
primejarvis.
i would recommend not holding a position before major news has cleared. Especially if you are an intraday trader. Everybody who was short going into the news release is celebrating because the EU political action went their way. What would have happened if they raised interest rates? Price probably would have had a 100 pip gap north. Too risky for my blood. I wait until news clears and then look for entries once volume has settled down. There is no way to know the exact future or results of news, so strictly trade price action. Ignore the news, just be aware of when it is being released.
Keep smiling and learn from your mistakes!
- #921,473
- Sep 4, 2014 7:16am Sep 4, 2014 7:16am
- Joined May 2014 | Status: From1toMillion | 9,468 Posts
Everyone can see the chart, but only a few can actually read it.
- #921,474
- Sep 4, 2014 7:17am Sep 4, 2014 7:17am
- Joined May 2014 | Status: From1toMillion | 9,468 Posts
Everyone can see the chart, but only a few can actually read it.
- #921,478
- Sep 4, 2014 7:17am Sep 4, 2014 7:17am
- | Joined Jun 2014 | Status: Full time retard | 1,561 Posts
Closed my "revenge" short for a profit of 69 pips...made 100% of what I lost back and then some
Why sell the bottoms when you can buy the tops...
- #921,480
- Sep 4, 2014 7:18am Sep 4, 2014 7:18am
- Joined May 2014 | Status: From1toMillion | 9,468 Posts
Everyone can see the chart, but only a few can actually read it.