EURUSD

Closing the shop. Enjoy your week end everyone

Will close my EU LONG before end of the day, I Don't think there will be any GAP (AUS)

.. 100 rungs in a ladder.. the trend is down and at the floor on rung 0.. no matter where we are or tf.... its always better r/r short at 50/100 rung .. it dont mean long to 50/100.. it means relax and wait, cause u dont know where 0 is, till it gets to 50. (using last high on chossen tf or pips goal size). check on other pairs.. a setup is building all the time.. and only at 50/100 do u even look... and if with trend, 0 may be much be deeper -50 or -100 tp... dont look for a trade till 50/100 and if your a indi trader, let them agree.. just the basics here.... but the lager trades are better r/r.. a small set up with a large one, can give a near perfect entry. the problem is many over trade. (they cant wait for a setup) that can be seen long before

Thanks . I've learned that but need to enforce the practice. Enjoy. This is Bollywood

well UJ still dancing around new found supp at 117.50-30 range and EU i think it could further fall to 1.2350-1.2300 range before maybe a little 50-100 retrace up then further fall!!

Closed my short at 1.2385. I see it climbing back towards 1.25 or so and then it will start going back down either just before or during the first week of december.

Next week we get preliminary GDP for the US on tuesday, but the following week we will have the next ECB meeting on the 4th, and the day before that the ADP employment report will come out. If the right numbers come out and certain decisions are made, we could be in for some big moves in the next 2 weeks.

WTF is this u tube has to do with anything man ??

i wonder if i had too many sambooka ??

its a dilemma. Had a good aud long setup earlier today and the order got triggered. Holding over weekend will be risky considering the speech(chn) this sunday. We may very well have a gap monday. Nonetheless cutted position by half and holding.

Not aware of any speech, Where you see that

Oh crap, i totally missread Jordan's swiss franc speech for a chn speech. Too tired after this trading week. Been quite hectic. Sorry for any confusion.

I will wait for 2450-70 next week and short for a 2357 break. The short again on the bounce, for 2255, thats my last target for now. Might build some longs there and see if they survive it or if it will want to go to 2170. But I might be holding longs from 2255 until 3250, if everything looks "alright".

Is 1.2100 possible? I'm starting to think so... And then what? 1.17?

i just need to relax now....

What great week for just trading a simple 10 pip strategy.. 15 sucessfull trades in a row...
The last trade was a bit harsh... I got in a bit too late for a sell on thursday, and then the price went against me by up to 70 pips... I realize that if it had done a reverse Drahgi, i would have lost any gain over the past week... I widened my stop to maybe 100 pips just above the spike up this week..
I had a gut feeling that Drahgi would kill the euro as thats all he does.... He barely has to open his mouth to weaken the euro, and also the euro was in a high range for a few days... Simply had to qualize down... But it took a few days...
I have a staregy that works, but i have to work on the stop setting... I want to try 30 pips if possible... With a simple ema cross on the 5 minute chart... 20 / 5... Its just a reactive strategy to price, its totally a price action strategy... Which is a good thing to follow

Great end to another twisted but fantastic week of trading... now we sober down and plan towards the next trading week ahead... lets watch this and debate...

Would be interesting to see if this is forming a cup and handle

I am bit confused. You mentioned "10 Pip Strategy" and then price going against you for up to 70 pips, widened stops to 100 pips. What's the secret? I thought your 10 Pip Strategy was about 10 pip TP and 10 pip SL.

More like 10pip tp infinity sl

ugh the headaches im having atm...

No. This is all about putting permanent trend lines, never to be removed and see how pa reacts at these lines in the future. These lines and this chart is so magical that it always works against you. If you go for a bounce from a trend line, it would break it. But if you go for a break, it will bounce off from that line never to return...................... works great just like any other technical.

I successfully got a margin call on my week-old new explorer account. No account on that explorer survived for long. Let's see what happens to this one. Currently down about 70%.

Latest version of Never Ending Story

One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading. One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.One good thing about high-risk high-leverage trading is that you don't get pleasure if a trade goes in your favor because you know someday it will definitely go against you. But when it goes against, you again get mental pain. You keep on doing this for x number of times, until you learn money management. Once you learn money management, you start thinking how to double you account in a month because 0.25% a month is not enough, especially if you are trading with an account size of $597 or probably $728. So you go back to high-risk high-leveraged trading.