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  • #967,821
  • Mar 11, 2015 2:56pm Mar 11, 2015 2:56pm
Hello all, i am in a serious problem and i dont know what to do,
I am long eur/usd from 1.14 without setting stop loss, my loss i now 9000 usd and i have a small amount remaining in balance.
Please any advice for how can i get out this shit and minimize my loss pleaseeee..
  • #967,822
  • Mar 11, 2015 3:00pm Mar 11, 2015 3:00pm
not recommending a long. a possible s entry may be 0592/0627. 1/2 an apple guys made out well with 0627.
those who can, do. those who cant, talk about those who can
  • #967,823
  • Mar 11, 2015 3:03pm Mar 11, 2015 3:03pm
Quoting Ck87
{quote} Tested but didn't get to 7176.... yeah I hope it holds, my GN shorts would appreciate....
Worth 40 pips
Attached Image
  • #967,824
  • Mar 11, 2015 3:04pm Mar 11, 2015 3:04pm
Quoting Ken A
{quote} Worth 40 pips {image}
Made a lot of pips on GN,, already took profit on most my positions , damn wish I had taken it all now it's spiked back up
  • #967,825
  • Mar 11, 2015 3:05pm Mar 11, 2015 3:05pm
Quoting Tom_D_Trader
{quote} Am just beeing classic nuts as usuall. Love to buy 8 year high. Also no problem with selling 12 year lows on EU (not doing it now, I just hold). Gotta m15 hold now on this greyish weekly thingie, but still above weekly 121,422 marker, so far move valid weekly break in my books till h4 breaks marker. See, it is called: "Greater fool theory" It has its name. See below, is old stuff. To make it publicly known, Daily Telegraph continues. Not that I would read Daily, but story is nice: http://www.telegraph.co.uk/culture/4...ol-theory.html...
Weekly marker still in play. Choose your sides
Attached Image (click to enlarge)
Click to Enlarge Name: wmark.JPG Size: 80 KB
"I know one thing, that I know nothing." Sokrates
  • #967,826
  • Mar 11, 2015 3:05pm Mar 11, 2015 3:05pm
Quoting gatorinla
not recommending a long. a possible s entry may be 0592/0627. 1/2 an apple guys made out well with 0627.
Hi gatorinla. how is your mom I hope every thing is o.k?
  • #967,827
  • Mar 11, 2015 3:06pm Mar 11, 2015 3:06pm
Quoting Tom_D_Trader
{quote} I know am spam king. But I spam the market. Think like 75% of my posts are trading related. Rest is chat with mates. I also know you present valuable technical analysis 90% of times, thats why am subscribed. It was just an example of recent spam here, as there is such tons of nonscence written here I have found it funny someone asking for rules. And am not man. Am Darth pug and control force Edit: See gettingpips above me? Omfg this is nuts! Last edit: To clarify: IT WAS A JOKE. NY is still opened and we are breaking decade...
What really helps is pushing the iggy-button, as soon as the asshole-meter just tries to move.
  • #967,828
  • Mar 11, 2015 3:08pm Mar 11, 2015 3:08pm
Quoting Ken A
{quote} Worth 40 pips {image}
You the best news trader in the bizzz.... you short GN yet? It looks pretty bad but this spike back up is interesting...
  • #967,829
  • Mar 11, 2015 3:09pm Mar 11, 2015 3:09pm
Quoting Mr Hatch
{quote} What really helps is pushing the iggy-button, as soon as the asshole-meter just tries to move.
Am big promoter of ignore, but also subscriptions. Think FF did really good job here. I dont understand why people dont use profile more. When things get too nasty here, I just go hide in my profile and read only what people I am subscribed to write. Easy.
"I know one thing, that I know nothing." Sokrates
  • #967,830
  • Edited 3:49pm Mar 11, 2015 3:11pm | Edited 3:49pm
Quoting Ck87
{quote} You the best news trader in the bizzz.... you short GN yet? It looks pretty bad but this spike back up is interesting...
Nope, I stack multiple buy orders with few pips interval for NU targeting 15 - 20 pips

Reason being; the following Monetary Policy Statement usually dovish

But keep one long open

Attachment
  • #967,831
  • Mar 11, 2015 3:13pm Mar 11, 2015 3:13pm
Quoting Tom_D_Trader
{quote} Am big promoter of ignore, but also subscriptions. Think FF did really good job here. I dont understand why people dont use profile more. When things get too nasty here, I just go hide in my profile and read only what people I am subscribed to write. Easy.
others grab the phone, to each their own.
  • #967,832
  • Mar 11, 2015 3:13pm Mar 11, 2015 3:13pm
Quoting Mr Hatch
{quote} What really helps is pushing the iggy-button, as soon as the asshole-meter just tries to move.
That's how I know you're online. There's usually a list of 4 or 5 people on the right side of my screen that Mr. Hatch has ignored. Same with The Fool
  • #967,833
  • Mar 11, 2015 3:14pm Mar 11, 2015 3:14pm
Quoting haythamrizk
Hello all, i am in a serious problem and i dont know what to do, I am long eur/usd from 1.14 without setting stop loss, my loss i now 9000 usd and i have a small amount remaining in balance. Please any advice for how can i get out this shit and minimize my loss pleaseeee..
How low can the EUR/USD go before you get a margin call?

It's very possible 1.05 will hold, could be down to 1.0250 until FOMC next week. At that point, honestly, you have to "pray" and hope the FED keeps the word "Patience" present in reference to rate hikes. I think we'll do 1.08-1.09 and 1.10 if you're lucky.

At the same time, I believe we're in wave 5 on the DXY so we can get a multi-week rally with ups and downs possibly back in the teens later this year. Since everyone and their mother is calling Parity, there's a very good reason it won't happen.

When everyone was saying USD/JPY was going straight to the moon, well passed 130, 140, etc... we stall in the low 120's and went back down to 115 and traded sideways a while. It now has a chance to make a run, but anyone short had good opportunity to bail.

Personally, just so you can sleep at night, you might want to dump half your position and slowly add on the way down to 1.0250, have a better average price, and again, pray the Fed remains "Patient".
  • #967,834
  • Edited 3:24pm Mar 11, 2015 3:14pm | Edited 3:24pm
Quoting Mr Hatch
{quote} others grab the phone, to each their own.
I dont have phone. People were bugging me. You guys are actually the only ones able to contact me. Lol .

Btw, think USD pullback was due to Aussie. Lucky am already out there ...but also Oil seems 48 defended..so far, now stuck on resist.

Well ok, my main trades beeing Yen now, and both UJ and Geppy megastuck - UJ on that weekly marker - Geppy - I dont have level there but is stuck anyways . So... Am already positioned, megalong USD, very short Yen, and pretty exhausted (and rich ). Think am gonna progress with rocknroll plan and go hit on chicks.

Cya later and GL all, Tom
"I know one thing, that I know nothing." Sokrates
  • #967,835
  • Mar 11, 2015 3:14pm Mar 11, 2015 3:14pm
Quoting Ken A
{quote} Nope, I stack multiple buy orders with few pips interval for NU targeting 15 - 20 pips Reason being; the following Monetary Policy Statement usually dovish
Smart man...... the spread got so ridiculous on GN during that news event just now.... it's absurd.....this thing could travel huge to downside,,, holding onto my 2.08+ shorts..
  • #967,836
  • Mar 11, 2015 3:24pm Mar 11, 2015 3:24pm
Quoting thadakman
{quote} How low can the EUR/USD go before you get a margin call? It's very possible 1.05 will hold, could be down to 1.0250 until FOMC next week. At that point, honestly, you have to "pray" and hope the FED keeps the word "Patience" present in reference to rate hikes. I think we'll do 1.08-1.09 and 1.10 if you're lucky. At the same time, I believe we're in wave 5 on the DXY so we can get a multi-week rally with ups and downs possibly back in the teens later this year. Since everyone and their mother is calling Parity, there's...
I can handle till 1.03, first thanks for the reply and the advice, second i am not sleeping at all the euro is not correcting to the upside never, i am thinking to get short to protect my margin but any advice at what price i should get short?
  • #967,837
  • Mar 11, 2015 3:24pm Mar 11, 2015 3:24pm
Quoting haythamrizk
Hello all, i am in a serious problem and i dont know what to do, I am long eur/usd from 1.14 without setting stop loss, my loss i now 9000 usd and i have a small amount remaining in balance. Please any advice for how can i get out this shit and minimize my loss pleaseeee..
Hello haythamrizk:

The best thing you can do with your losing position is to exit your trade now. No excuses, no hopes, no wishes just do it.

Cut your losses. You'll feel better as soon as you do it.
May the Forex be with you.
  • #967,838
  • Mar 11, 2015 3:24pm Mar 11, 2015 3:24pm
Quoting thadakman
{quote} How low can the EUR/USD go before you get a margin call? It's very possible 1.05 will hold, could be down to 1.0250 until FOMC next week. At that point, honestly, you have to "pray" and hope the FED keeps the word "Patience" present in reference to rate hikes. I think we'll do 1.08-1.09 and 1.10 if you're lucky. At the same time, I believe we're in wave 5 on the DXY so we can get a multi-week rally with ups and downs possibly back in the teens later this year. Since everyone and their mother is calling Parity, there's a very good reason...
Even 125.00 will be a challenge unless FED really do something in June/July
  • #967,839
  • Mar 11, 2015 3:25pm Mar 11, 2015 3:25pm
Quoting ffleo
{quote} this is why {image}
time to buy kiwi on dips.

Attached Image (click to enlarge)
Click to Enlarge Name: kiwi_495.png Size: 61 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #967,840
  • Mar 11, 2015 3:26pm Mar 11, 2015 3:26pm
Quoting k.k
{quote} Hi gatorinla. how is your mom I hope every thing is o.k?
fine. some st R at 573 likely
those who can, do. those who cant, talk about those who can
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