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  • #924,361
  • Sep 17, 2014 1:31am Sep 17, 2014 1:31am
Specially to Erica. Hope these numbers helps in your decisions.

Edit: While chatting, I missed one chance at 1.29446 as per my list.
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  • #924,362
  • Sep 17, 2014 1:33am Sep 17, 2014 1:33am
Quoting Magicmen
Though there are many probabilities, I will wait for 1.29335 until NY opens then go long.
............... 1.2967 is also a possibility just before London opens. Let's see what London does until NY open
The Thief of Wall Street
  • #924,363
  • Sep 17, 2014 1:34am Sep 17, 2014 1:34am
Quoting Chicky
{quote} ............... 1.2967 is also a possibility just before London opens. Let's see what London does until NY open

i see and what you think of GU ?
  • #924,364
  • Sep 17, 2014 1:36am Sep 17, 2014 1:36am
Quoting Erica123
Desperate for solid opinions - my head is spinning with all the reading I am doing. Bottom line, I have 6 lots EU LONG. Give me options - what are my safest, somewhat less safe and outright foolhardy. Throw at me something I haven't yet thought about. Trigger my brain in an unusual direction. I'm down about 100 pips already.
back onboard for brit open and data
this is scratched record, no sl, adding to loser, etc it is hurt ones ears
you are in the poop, self inflicted, my suggestion is calculate your maximun acceptable loss, put your stop loss, and sit on sidelines if it goes up shorten your risk manually, if it goes down you out your misery :nerd:
If you are new to Forex? Say Goodbye to your account!!
  • #924,365
  • Sep 17, 2014 1:39am Sep 17, 2014 1:39am
Quoting MaxDoom
{quote} when you entered your longs for reason X you should already have known at what point X becomes invalid. So ask yourself, is your reason for entry still valid? if not cut the losses because you are now in a battle of watching the screen to see which way the wind blows rather than trading with a plan.
yes agree, i've been in that position a few too many times, and it sucks. Dont want to trade like that.
Depends also on if she entered all 6 longs from the same level too IMO.. maybe cut half the position size here?
  • #924,366
  • Sep 17, 2014 1:42am Sep 17, 2014 1:42am
Quoting cobracoder
{quote} i see and what you think of GU ?
This is what I have for GU. If it stays above 1.6280/84, but I am not sure it will because of the recent economic data.
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The Thief of Wall Street
  • #924,367
  • Sep 17, 2014 1:45am Sep 17, 2014 1:45am
Quoting Magicmen
{quote} Are you willing to change your strategy? That's a big change. Think about it. Simple tips: When you are not comfortable at your seat, you got to close your position. This is my healthy trading secret
Yes good advice, and not talking about managed and planned drawdown, but actually uncomfortable with the loss..
good phychological signal for us to get the F*** out of the that trade. Always another opportunity..
it usually gets worse and worse..
  • #924,368
  • Sep 17, 2014 1:50am Sep 17, 2014 1:50am
Quoting Erica123
{quote} That is my gut gut feeling too. Of course with 6 lots losing 100, its tough to be subjective. Let me add that regardless of good or bad for USA, EUR is so bad that it almost feels that USD will get strong either way, and this stall is just for the pre-race, just the appetizers being fed until the cows come to feed and chase us all of out tiny lots and stupid (according to them) opinions. Such a shame I have to get rid of my position.
6 lots down 100 pips is nothing! Cut that shit and move on! You can do better!
All posts are my personal opinion
  • #924,369
  • Sep 17, 2014 1:50am Sep 17, 2014 1:50am
Quoting 21vs7
{quote} concerning eu. 296x is beeing tested..few mo times and then decision. i sold eg. dont know. could be low for the morning
tested several times already, now sitting just here..
FED, BOE td

ECad already started..lets see if EA and other EURxxx will move with this trade.

usd strong on the board. surely no new agenda from fomc td?!
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  • #924,370
  • Sep 17, 2014 2:04am Sep 17, 2014 2:04am
I am long @2949. No leverage. TP open SL open
  • #924,371
  • Sep 17, 2014 2:08am Sep 17, 2014 2:08am
Quoting Chicky
{quote} ............... 1.2967 is also a possibility just before London opens. Let's see what London does until NY open
Got into long @2949 without leverage. It is better than sitting ideal. Will close or topup based on PA.
  • #924,372
  • Sep 17, 2014 2:11am Sep 17, 2014 2:11am
Quoting Magicmen
{quote} Got into long @2949 without leverage. It is better than sitting ideal. Will close or topup based on PA.
I got stopped out at 1.2945, re-entered at 1.2952 eyeing at 1.2967 now.

ps. These are just scalps, can go either way. Don't follow me on these small trades.
The Thief of Wall Street
  • #924,373
  • Sep 17, 2014 2:14am Sep 17, 2014 2:14am
Well i am getting a feeling that 1.2950 is going to hold till the FOMC comes which is about 11 hours away. Good luck all.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #924,374
  • Sep 17, 2014 2:15am Sep 17, 2014 2:15am
got signal on m5 and m15
f(z)=z2+c
  • #924,375
  • Sep 17, 2014 2:17am Sep 17, 2014 2:17am
Quoting Chicky
{quote} I got stopped out at 1.2945, re-entered at 1.2952 eyeing at 1.2967 now. ps. These are just scalps, can go either way. Don't follow me on these small trades.
True. I am a scalper too.
  • #924,376
  • Sep 17, 2014 2:17am Sep 17, 2014 2:17am
Quoting hathor
got signal on m5 and m15
Congrats!
The Thief of Wall Street
  • #924,377
  • Sep 17, 2014 2:20am Sep 17, 2014 2:20am
Quoting Chicky
{quote} Congrats!
Thank You!
Did You get signal either? I read You found the Holy Grail.
f(z)=z2+c
  • #924,378
  • Sep 17, 2014 2:23am Sep 17, 2014 2:23am
Quoting hathor
{quote} Thank You! Did You get signal either? I read You found the Holy Grail.
Me no use signals. Yes, it's still with me. Made three or four replica and buried in my threads, but not the genuine one.
The Thief of Wall Street
  • #924,379
  • Sep 17, 2014 2:31am Sep 17, 2014 2:31am
Quoting Chicky
{quote} Me no use signals. Yes, it's still with me. Made three or four replica and buried in my threads, but not the genuine one.
"Not using signal" is not equal with "there is no signal".
Could You tell me when the genuine one gave You signal and on which time frame last? Or is it Top Secret? Would understand that.
f(z)=z2+c
  • #924,380
  • Sep 17, 2014 2:41am Sep 17, 2014 2:41am
Quoting hathor
{quote} "Not using signal" is not equal with "there is no signal". Could You tell me when the genuine one gave You signal and on which time frame last? Or is it Top Secret? Would understand that.
Genuine one will lose its effect if disclosed. The closest can be found in looking for real trading method. Signal is a very broad term, some people use signals to collect market data not necessarily to get the direction or levels. It took me over 10 years to find a method that either gives profit or BE and no loss. But it requires a lot of skill, hard work and decision making power. A trade can last from 1 minute to 10 years.
The Thief of Wall Street
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