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EURUSD

  • #921,801
  • Sep 4, 2014 9:09pm Sep 4, 2014 9:09pm
Quoting KiwiTrada
{quote} yep as posted sl,s 5 / 7/ 11 "everyone" gets thier share of stopped out, Im no different, small sl,s allow for greater rr, at least I put up my entry with sl
I think we are almost there. This is weekly GBP Chart. I don't know when these red lines were drawn and why, but they were there when I opened my old chart.
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The Thief of Wall Street
  • #921,802
  • Sep 4, 2014 9:22pm Sep 4, 2014 9:22pm
Quoting Chicky
{quote} I think we are almost there. This is weekly GBP Chart. I don't know when these red lines were drawn and why, but they were there when I opened my old chart. {image}
mine is 6369 already pierced with this dump to support, this was megaphone posted couple months ago, Im thinking has played out, now looking for 2nd phase, hence still waiting / expecting the usd to dump, maybe nfp

anyway pretty much over the dickhead comments from some about trying to buy eu support, I always thought that was what one did, will see how many still around next week
If you are new to Forex? Say Goodbye to your account!!
  • #921,803
  • Sep 4, 2014 9:23pm Sep 4, 2014 9:23pm
Quoting gatorinla
back to 2938 before a LL wouldn't hurt my feelings, for 2882/86
made it back now to 2938.. its decision time. maybe it will take 2 times back to 2938, this is one
those who can, do. those who cant, talk about those who can
  • #921,804
  • Sep 4, 2014 9:27pm Sep 4, 2014 9:27pm
Quoting sanvulture
{quote} {quote} Thx you two.. i think i got the basic understanding of it.. i guess i should study into economy more to better understand this..
The best way to learn economics is not in books or the net. You learn economics by spending several days alone in deserts or forests out in the open. You learn what happens when demands are unlimited but resources are limited, you start practicing economics. I did that for years in Egypt, Afghanistan and Crete (Greece).
The Thief of Wall Street
  • #921,805
  • Sep 4, 2014 9:29pm Sep 4, 2014 9:29pm
im am looking for CAD/JPY & USD/JPY so nice to go short, but let see what happen later tonight
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #921,806
  • Sep 4, 2014 9:32pm Sep 4, 2014 9:32pm
Quoting Chicky
{quote} The best way to learn economics is not in books or the net. You learn economics by spending several days alone in deserts or forests out in the open. You learn what happens when demands are unlimited but resources are limited, you start practicing economics. I did that for years in Egypt, Afghanistan and Crete (Greece).
that sounds too hard.. watching man vs wild is more than enough, i dont wanna do it too.. isnt there any easy way?
Dont trade like me..
  • #921,807
  • Sep 4, 2014 9:35pm Sep 4, 2014 9:35pm
Quoting sanvulture
{quote} that sounds too hard.. watching man vs wild is more than enough, i dont wanna do it too.. isnt there any easy way?
Yes, get one more wife. When they are two or more, you will not only learn but will never ever forget what economics is.................. it is all about unlimited demands and limited supply (of whatever you can think of).
The Thief of Wall Street
  • #921,808
  • Sep 4, 2014 9:42pm Sep 4, 2014 9:42pm
Quoting Chicky
{quote} Yes, get one more wife. When they are two or more, you will not only learn but will never ever forget what economics is.................. it is all about unlimited demands and limited supply (of whatever you can think of).
hahaha, handling two wives is even tougher than living in a desert or forest..
but, i get what you mean.. thx for your replies and time..
Dont trade like me..
  • #921,809
  • Sep 4, 2014 9:47pm Sep 4, 2014 9:47pm
anybody hurt on the move last night???? well i must admit last night hit my stop loss, and few pips loss... eur/aud and eur/gbp is setting up for longs and then last night news comes... well you must love forex for irony
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #921,810
  • Sep 4, 2014 9:49pm Sep 4, 2014 9:49pm
Quoting sanvulture
{quote} hahaha, handling two wives is even tougher than living in a desert or forest.. but, i get what you mean.. thx for your replies and time..
Now you see why I spend more time out in the deserts and forests ...................... alone, than in my tent.
The Thief of Wall Street
  • #921,811
  • Sep 4, 2014 9:50pm Sep 4, 2014 9:50pm
Quoting gatorinla
{quote} because its overvalued,,, when silver hits 12.xx ask that question again
It's hard to imagine that gold is over valued right now as few miners can pull it out of the ground at a profit.
  • #921,812
  • Sep 4, 2014 9:52pm Sep 4, 2014 9:52pm
Quoting bdsilvano
anybody hurt on the move last night???? well i must admit last night hit my stop loss, and few pips loss... eur/aud and eur/gbp is setting up for longs and then last night news comes... well you must love forex for irony
i did well last night
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“Don't cry because it's over, smile because it happened.”
  • #921,813
  • Sep 4, 2014 9:55pm Sep 4, 2014 9:55pm
Quoting tandh
{quote} It's hard to imagine that gold is over valued right now as few miners can pull it out of the ground at a profit.
1. How much gold is there in this world? and its value in the US Dollars?
3. What is the total value of all fiat currencies in the US Dollars?
4. Is there a difference in these two values? If yes? How far this equation is out of proportion? and why?

Find answers of these three questions and get financial freedom ..................... forever.
The Thief of Wall Street
  • #921,814
  • Sep 4, 2014 9:55pm Sep 4, 2014 9:55pm
Quoting balanced2012
{quote} i did well last night {image}
good for you mate, well forex is a game, sometimes you win and sometimes you lose. the trick here is that you must make more and bigger wins and make small and few losses.
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #921,815
  • Sep 4, 2014 10:04pm Sep 4, 2014 10:04pm
Quoting bdsilvano
{quote} good for you mate, well forex is a game, sometimes you win and sometimes you lose. the trick here is that you must make more and bigger wins and make small and few losses.
The trick where I am is to make small but consistent wins and never make a loss. Forex is a profession and you win all the time ............... the only issue is that there is no time frame / time limit to gain. Soon you put a time limit to your trades, you start losing.

Did you see that guy's results few hours back here on this thread with 450 pip trailing stop? He knows it.
The Thief of Wall Street
  • #921,816
  • Sep 4, 2014 10:15pm Sep 4, 2014 10:15pm
See you later guys. Running to my broker's office. There is some problem withdrawing money. They want to see me in person with at least 2 photo IDs before writing a check of $ 34.6 million. Anyone here had this problem with Monkeyseemonkeydo broker of Nigeria?
The Thief of Wall Street
  • #921,817
  • Sep 4, 2014 10:20pm Sep 4, 2014 10:20pm
Quoting Chicky
{quote} The trick where I am is to make small but consistent wins and never make a loss. Forex is a profession and you win all the time ............... the only issue is that there is no time frame / time limit to gain. Soon you put a time limit to your trades, you start losing. Did you see that guy's results few hours back here on this thread with 450 pip trailing stop? He knows it.

thats it !!!
i been consist for the last couple of months at average of 650 pips a week which is good enough for me , its all about money management , anti greed and eyes on techincals

wish you all good trades and green pips
“Don't cry because it's over, smile because it happened.”
  • #921,818
  • Sep 4, 2014 10:23pm Sep 4, 2014 10:23pm
Hey guys, what are your Goals for shorting this trade?

I made around 30 bucks yesterday shorting this and am wondering if I should short again.

How much lower do you think it will go?
  • #921,819
  • Sep 4, 2014 10:30pm Sep 4, 2014 10:30pm
Quoting tandh
{quote} It's hard to imagine that gold is over valued right now as few miners can pull it out of the ground at a profit.
dont those mining companies take paper dollars in exchange for gold? if its so valuable, in short supply and going up, why would they take paper, that is losing value?
those who can, do. those who cant, talk about those who can
  • #921,820
  • Sep 4, 2014 10:33pm Sep 4, 2014 10:33pm
Quoting Fadadio
Hey guys, what are your Goals for shorting this trade? I made around 30 bucks yesterday shorting this and am wondering if I should short again. How much lower do you think it will go?
No real way to know how far it will go. Law of supply and demand. However, that being said. I would plan on it continuing to trend lower for as long as the ECB continues to add stimulus measures to their agenda. Trade rumors say the ECB wouldn't be happy until they see at least 1.20, but who knows. Just keep shorting whenever it makes retracements for as long as the trend holds Good luck!
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