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EURUSD

  • #949,821
  • Jan 13, 2015 12:59pm Jan 13, 2015 12:59pm
1.11 is next move down...
The Market pays you to be disciplined
  • #949,822
  • Jan 13, 2015 1:01pm Jan 13, 2015 1:01pm
Quoting OnlineAddict
{quote} Got in, short GU 5161, only risking 30 pips(SL above today's high), in case it keeps going up.
same haha level looked good.
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  • #949,823
  • Jan 13, 2015 1:04pm Jan 13, 2015 1:04pm
Quoting pedro319
{quote} AUDUSD I am looking for this to happen, yellow lines at the bottom are fib levels being .786 the last, targets as posted before. Price doesn't have to touch lower but if it does I know what to expect. {image}
Analysts at Nordea say AUD/USD longs are their best trade for 2015
Get Rich or Die Tryin
  • #949,824
  • Jan 13, 2015 1:06pm Jan 13, 2015 1:06pm
getting my ass kicked for going against the trend again lol. this is the last time i will do counter trend trades if only you make it go back up this time, everyone enter long quick
  • #949,825
  • Jan 13, 2015 1:06pm Jan 13, 2015 1:06pm
Quoting hoom
{quote} Analysts at Nordea say AUD/USD longs are their best trade for 2015
We shall see that, its whole 11 months to go
  • #949,826
  • Jan 13, 2015 1:06pm Jan 13, 2015 1:06pm
Quoting WeeMee
getting my ass kicked for going against the trend again lol. this is the last time i will do counter trend trades if only you make it go back up this time, everyone enter long quick
What's your account manager say?
  • #949,827
  • Jan 13, 2015 1:17pm Jan 13, 2015 1:17pm
Quoting ptcl
hi guys, can anyone tell me why usd/jpy is falling at this point in time
More sellers then buyers. Most likely profit-taking.
  • #949,828
  • Jan 13, 2015 1:20pm Jan 13, 2015 1:20pm
Quoting hoom
{quote} Analysts at Nordea say AUD/USD longs are their best trade for 2015
"Nordea" or "no idea" haha
  • #949,829
  • Jan 13, 2015 1:25pm Jan 13, 2015 1:25pm
Quoting Pharm0r
{quote} What's your account manager say?
you will probably laugh even more, his advise was to take out the stop loss and let it ride. the theory being that it could not go lower then 1.1650 or close anyway, that if i give it enough time there is the upside waiting in the hundreds of pips. took the stop loss i had of 1.1740 off for about 5 minutes, then put it back, hehe. when i look at it coldly i see a bad trade, (counter big trend) that could just work out in the end. but even if he is right, why not buy in at a later stage when trend reversal has been confirmed. specially if he thinks it might go to 1.1650 before the turn around. i wonder if they actually get commission if you lose your money?

does anyone here trade without a stop loss ever?
  • #949,830
  • Jan 13, 2015 1:30pm Jan 13, 2015 1:30pm
Quoting WeeMee
{quote} you will probably laugh even more, his advise was to take out the stop loss and let it ride. the theory being that it could not go lower then 1.1650 or close anyway, that if i give it enough time there is the upside waiting in the hundreds of pips. took the stop loss i had of 1.1740 off for about 5 minutes, then put it back, hehe. when i look at it coldly i see a bad trade, (counter big trend) that could just work out in the end. but even if he is right, why not buy in at a later stage when trend reversal has been confirmed. specially if...
This question just made your post- the post of the day. Go check FF sentiment youll see people being in DD 1000 pips.
  • #949,831
  • Jan 13, 2015 1:36pm Jan 13, 2015 1:36pm
Tomorow prepare for rollercoaster followed by a up move toward 1.20 and more.
  • #949,832
  • Jan 13, 2015 1:37pm Jan 13, 2015 1:37pm
ohjeee... today nice pocker 800point...
Inserted Video
  • #949,833
  • Jan 13, 2015 1:48pm Jan 13, 2015 1:48pm
Quoting WeeMee
{quote} you will probably laugh even more, his advise was to take out the stop loss and let it ride. the theory being that it could not go lower then 1.1650 or close anyway, that if i give it enough time there is the upside waiting in the hundreds of pips. took the stop loss i had of 1.1740 off for about 5 minutes, then put it back, hehe. when i look at it coldly i see a bad trade, (counter big trend) that could just work out in the end. but even if he is right, why not buy in at a later stage when trend reversal has been confirmed. specially if...
So, you told him to take the stoploss out and called back 5 minutes later to put it back in? All that for a small account?

Quoting WeeMee
{quote} hehe, be hard to do all that over the phone. i do get what you are saying though. my money, my risk, my decision. but yeah, you still know what i mean i think, he's been saying that he will mentor me, so if i ignore his mentoring tips and don't make the pips i could have by listening to him, he will have the right to tease me about it. specially when he's using phrases like once in 5 years opportunity, lol
You should possibly work out a couple of things before wasting much more.
  • #949,834
  • Jan 13, 2015 1:52pm Jan 13, 2015 1:52pm
couldn't find the sentiment area you mentioned. but i believe you about the dd. that goes against what i've been reading about strategies, RR and MM. if it's not ready to go up for another 150 pips i will take the loss and try choose better next time, (inside the general trend) happened on a demo account, got lucky going counter trend a couple of times, then got whacked big time, so yeah i'd say specially counter trend no sl is v risky.
  • #949,835
  • Jan 13, 2015 1:54pm Jan 13, 2015 1:54pm
no call needed, i have access to my own account. he was just calling to see how things were going. he suggested removing it and i did, then 5 mins later i changed my mind and put it back.
  • #949,836
  • Jan 13, 2015 1:57pm Jan 13, 2015 1:57pm
Quoting WeeMee
no call needed, i have access to my own account. he was just calling to see how things were going. he suggested removing it and i did, then 5 mins later i changed my mind and put it back.
So, you have access to their trading platform now? Two days ago that wasn't the case.
I'd get my money and run...
  • #949,837
  • Edited 2:13pm Jan 13, 2015 1:57pm | Edited 2:13pm
Quoting WeeMee
i wonder if they actually get commission if you lose your money? does anyone here trade without a stop loss ever?
Their wage is in spread. The more trades you enter, the more cash they make. So if he just wants you to wait, he´s not getting more cash (unless you promised him percentage for his brilliant insights).
Regarding SL, Mayans foretold World is gonna end when you go to toilet, so you better have them imo.
Edit: Well so as Hatch qouted me, am gonna rewrite it. Conspiracy: He took opposite trade. But think such case cant happen in GB and also happens in microterm and not in such long trades, where brokers advantages disappear.
"I know one thing, that I know nothing." Sokrates
  • #949,838
  • Jan 13, 2015 2:03pm Jan 13, 2015 2:03pm
Quoting ThePolarFox
Tomorow prepare for rollercoaster followed by a up move toward 1.20 and more.
Why tomorrow? There is nothing special about tomorrow...the US news will only follow the daily trend, so if we have bulls until then and the news are bad, bulls will gain power, if its bearish until then and the news are bad, it will be just a nice opportunity to load up more shorts on the spike. But if there is a bear or bull before tomorrow's news, nobody knows...so we can only work with the information we get until then.
Everyone can see the chart, but only a few can actually read it.
  • #949,839
  • Jan 13, 2015 2:03pm Jan 13, 2015 2:03pm
Quoting Mr Hatch
{quote} So, you have access to their trading platform now? Two days ago that wasn't the case. I'd get my money and run...
i don't understand, i always could place my own trades. don't think i ever said i had no access (maybe not over weekend)? as for needing to works things out, thats been established. i'm a great believer in learning by doing though, while studying up of course. just from the short time i did live trading it seems correct, i'm learning from every trade, even from watching the price action alone.
  • #949,840
  • Jan 13, 2015 2:03pm Jan 13, 2015 2:03pm
Quoting Tom_D_Trader
But think such case cant happen in GB.
I'd not be so sure, when Blair reigned... but under Cameron? Never, ever...
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