looking for 1.0620 for a possible EU long USDOLLAR D1: {image}
USDOLLAR M15:
Don't be a hero. Don't have an ego. Always question yourself
- #971,301
- Mar 19, 2015 9:26am Mar 19, 2015 9:26am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
USDOLLAR M15:
- #971,305
- Mar 19, 2015 9:33am Mar 19, 2015 9:33am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
{quote} chanced some longs there USDOLLAR M15: {image}
. Very nice place for bounce. Am waiting for it so can load shorts, though I have full hands of DaX beast now, FX just low lvrg now, except for UJ 5:1.
"I know one thing, that I know nothing." Sokrates
- #971,306
- Mar 19, 2015 9:34am Mar 19, 2015 9:34am
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
Read the entire market, money is made on the main trend not the fluctuation
- #971,307
- Mar 19, 2015 9:39am Mar 19, 2015 9:39am
- Joined Oct 2008 | Status: sideline is a position | 105,140 Posts
those who can, do. those who cant, talk about those who can
- #971,308
- Mar 19, 2015 9:40am Mar 19, 2015 9:40am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
{quote} Love your chart
Don't be a hero. Don't have an ego. Always question yourself
- #971,309
- Mar 19, 2015 9:42am Mar 19, 2015 9:42am
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
Read the entire market, money is made on the main trend not the fluctuation
- #971,310
- Edited 10:03am Mar 19, 2015 9:44am | Edited 10:03am
- Joined Oct 2013 | Status: Trader | 1,929 Posts
Post March FOMC Thoughts
So EU and UJ has just returned to their pre-FOMC position.
Many got wiped out through trading the FOMC within the first 30 minutes release.
Many got margin called through trading the FOMC within the first 30 minutes release.
Some even place their position RIGHT BEFORE the release, so they can "secure" their placement.
Hope this would be a lesson to you all...
If you got wiped out or margin called. Don't blame or bad mouth this industry. No one tried to fuck with you. We warned you NOT to trade the FOMC.
So blame this on yourself for jumping ALL-IN with 1:500 leverage and hope you would get rich overnight.
As for these who got "lucky" this time, you basically jacked the money from these who are poorly educated trading such section. If you are continue doing so, there is no guarantee you won't give away your account to someone else in the next FOMC release. The cycle never ends.
As for everyone else, as for the next time FOMC, you might want to think twice before you mindlessly decide to jump in within the first 30 minutes after the release.
So EU and UJ has just returned to their pre-FOMC position.
Many got wiped out through trading the FOMC within the first 30 minutes release.
Many got margin called through trading the FOMC within the first 30 minutes release.
Some even place their position RIGHT BEFORE the release, so they can "secure" their placement.
Hope this would be a lesson to you all...
If you got wiped out or margin called. Don't blame or bad mouth this industry. No one tried to fuck with you. We warned you NOT to trade the FOMC.
So blame this on yourself for jumping ALL-IN with 1:500 leverage and hope you would get rich overnight.
As for these who got "lucky" this time, you basically jacked the money from these who are poorly educated trading such section. If you are continue doing so, there is no guarantee you won't give away your account to someone else in the next FOMC release. The cycle never ends.
As for everyone else, as for the next time FOMC, you might want to think twice before you mindlessly decide to jump in within the first 30 minutes after the release.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return:
35.8%
- #971,311
- Mar 19, 2015 9:46am Mar 19, 2015 9:46am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
{quote} {quote} Yup I do know its going to go up. With the POTENTIAL of 400pips + So, the question is how much is the take profit? 400? 399? 50? 1 pip? whats the tp? Because no matter what tp you set, its going to reverse anytime and you dont know when its going to go against you. (While I was typing, this very 1H candle went up 26 pips) I have to take care of the tp if I go long, but if I go shorts. The tp will take care of itself. So yea, why risk long when the shorts are almost riskless i.e trade with the trends.
but because I don't know it is going up I will stick with probabilities and that it is more likely to go down than up, and so I shall continue with the shorts for my risk.
- #971,312
- Mar 19, 2015 9:47am Mar 19, 2015 9:47am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
{quote} chanced some longs there USDOLLAR M15: {image}
Don't be a hero. Don't have an ego. Always question yourself
- #971,313
- Mar 19, 2015 9:47am Mar 19, 2015 9:47am
Post March FOMC Thoughts So EU and UJ has just returned to their pre-FOMC position. {image} Many got wiped out through trading the FOMC within the first 30 minutes release. Many got margin called through trading the FOMC within the first 30 minutes release. Some even place their position RIGHT BEFORE the release, so they can "secure" their placement.
Whenever i buy the price goes up & whenever i sell the the price goes down!
- #971,314
- Mar 19, 2015 9:48am Mar 19, 2015 9:48am
- Joined Oct 2008 | Status: sideline is a position | 105,140 Posts
those who can, do. those who cant, talk about those who can
- #971,315
- Mar 19, 2015 9:49am Mar 19, 2015 9:49am
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
{quote} don't mind me I mean no harm, I am merely poking around the word KNOW.... if I knew it was going up I would be long now, what better place off 1.0620 to go long! it is the best long price there is around atm. but because I don't know it is going up I will stick with probabilities and that it is more likely to go down than up, and so I shall continue with the shorts for my risk.
May green pips be with you.
Read the entire market, money is made on the main trend not the fluctuation
- #971,316
- Mar 19, 2015 9:53am Mar 19, 2015 9:53am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #971,317
- Mar 19, 2015 9:57am Mar 19, 2015 9:57am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself
- #971,318
- Mar 19, 2015 9:59am Mar 19, 2015 9:59am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
{quote} don't feel that, play it in micro-trades on M5 though and relate it on BUNDS for larger view, fast in fast out
- #971,319
- Mar 19, 2015 10:01am Mar 19, 2015 10:01am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- #971,320
- Mar 19, 2015 10:02am Mar 19, 2015 10:02am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
{quote} don't feel that, play it in micro-trades on M5 though and relate it on BUNDS for larger view, fast in fast out
Btw, watching that UJ? H4 printed break and continuation doji. Think we are gonna be back in that upper range soon. Couldnt buy 119,64, was drinking
.GL to you man! T
"I know one thing, that I know nothing." Sokrates