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EURUSD

  • #974,501
  • Mar 26, 2015 10:04pm Mar 26, 2015 10:04pm
Quoting Chicky
{quote} No one has good experience with SL, it simply cannot be. There are many ways how one can get protection without using stop-losses. However, all these methods have their own limitations. For example, I don't see much use of having a contra account like you mentioned. The first position will survive after the spike subsides, but what you are going to do with the orders that got triggered on your contra account? This new contra position will open where your sl would suppose to be and after opening this position there will be no more profit...
Thank you very much for your time and for your reply. I will investigate and work on this.
  • #974,502
  • Mar 26, 2015 10:12pm Mar 26, 2015 10:12pm
Quoting verified
{quote} Thank you very much for your time and for your reply. I will investigate and work on this.
everyone has their way that works for them, if you are a disciplined person with very strong self control, use a mental stop.
some do, some can't

helps to become disciplined, if you have confidence in your trades, which come from tons of time on screen, and experience in the markets.
  • #974,503
  • Mar 26, 2015 10:18pm Mar 26, 2015 10:18pm
Quoting 2012mysterio
{quote} everyone has their way that works for them, if you are a disciplined person with very strong self control, use a mental stop. some do, some can't helps to become disciplined, if you have confidence in your trades, which come from tons of time on screen, and experience in the markets.
My Mom and Dad used a mental stop the day I was conceived.
The Thief of Wall Street
  • #974,504
  • Mar 26, 2015 10:29pm Mar 26, 2015 10:29pm
Quoting Chicky
{quote} My Mom and Dad used a mental stop the day I was conceived.
No wonder!!!
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  • #974,505
  • Mar 26, 2015 10:32pm Mar 26, 2015 10:32pm
Waiting for 1.0852 break. To decide on long or short to close the week.

If I go with bears then 0780 is my target. For long sky is the limit
  • #974,506
  • Mar 26, 2015 10:33pm Mar 26, 2015 10:33pm
Quoting Chicky
{quote} My Mom and Dad used a mental stop the day I was conceived.
Read the entire market, money is made on the main trend not the fluctuation
  • #974,507
  • Mar 26, 2015 10:34pm Mar 26, 2015 10:34pm
Quoting Magicmen
Waiting for 1.0852 break. To decide on long or short to close the week. If I go with bears then 0780 is my target. For long sky is the limit
Its not going to break crazy either way until next week. Maybe a GDP report spike.
  • #974,508
  • Mar 26, 2015 10:53pm Mar 26, 2015 10:53pm
I need this confirmation to finalize the world's first ever true Holy Grail method. Whoever supplies the answer will get the system. But rest of you can also work it out from my this question:

Does anyone know a week when eur/usd opened and closed at the same price (allow 2 to 5 pips for bid and ask price difference).
The Thief of Wall Street
  • #974,509
  • Mar 26, 2015 10:56pm Mar 26, 2015 10:56pm
July 4th 1776

I will now receive my reward spanks.
  • #974,510
  • Mar 26, 2015 10:59pm Mar 26, 2015 10:59pm
im thinking last weeks candle was a good one for bulls,
this weeks still to close, but also presently bullish hh hl however daily is different shes close to yesterdays close and has a low slightly higher the yesterdays, my guess is todays open could prove key for this weeks candle close and next weeks candle Im going to call bounce is still on with reasonable cheap entry todays open +a couple with stop below yesterdays low
otherwise pa is dead on eu
easier pip elsewhere today
If you are new to Forex? Say Goodbye to your account!!
  • #974,511
  • Mar 26, 2015 11:00pm Mar 26, 2015 11:00pm
Quoting MallocMB
July 5th 1879
I am not asking your grand mother's birth date. 4th of July would still have made some sense but euro and 1879 do not go well together.
The Thief of Wall Street
  • #974,512
  • Mar 26, 2015 11:03pm Mar 26, 2015 11:03pm
I'm not sure whether its going to go down today, still have to depends on weekly close. The playground now is 1.085- 1.104

My guesses is today is going to go back up to around 1.1.
1.1 is great place to short.
Read the entire market, money is made on the main trend not the fluctuation
  • #974,513
  • Mar 26, 2015 11:03pm Mar 26, 2015 11:03pm
Quoting MallocMB
July 4th 1776 I will now receive my reward spanks.
For this, you have already been rewarded by Uncle Sam
The Thief of Wall Street
  • #974,514
  • Mar 26, 2015 11:12pm Mar 26, 2015 11:12pm
Quoting Chicky
I need this confirmation to finalize the world's first ever true Holy Grail method. Whoever supplies the answer will get the system. But rest of you can also work it out from my this question: Does anyone know a week when eur/usd opened and closed at the same price (allow 2 to 5 pips for bid and ask price difference).
If I am right, the weekly close will either be above or below 1.0821 but not at 1.0821
The Thief of Wall Street
  • #974,515
  • Mar 26, 2015 11:16pm Mar 26, 2015 11:16pm
Uncles are always so creepy!
  • #974,516
  • Mar 26, 2015 11:22pm Mar 26, 2015 11:22pm
Quoting Chicky
{quote} For this, you have already been rewarded by Uncle Sam
There are a few weeks that open and close at almost the same priceif I am not wrong, 10 Jun 2012 and 30 Jan 2011 are few of them
  • #974,517
  • Mar 26, 2015 11:25pm Mar 26, 2015 11:25pm
Yes, it looks as if Eur/usd has found hourly support around 1.0860 and the USD is slightly bullish, which makes for a boring next 18 hours.
  • #974,518
  • Mar 26, 2015 11:34pm Mar 26, 2015 11:34pm
my guess this week close will be around 1.07, seems like final gdp followed the prelim gdp which is green. moreover, overshoot will bring this pair fall further due to increasing the odds of rate hike
  • #974,519
  • Mar 26, 2015 11:38pm Mar 26, 2015 11:38pm
Quoting Chicky
I need this confirmation to finalize the world's first ever true Holy Grail method. Whoever supplies the answer will get the system. But rest of you can also work it out from my this question: Does anyone know a week when eur/usd opened and closed at the same price (allow 2 to 5 pips for bid and ask price difference).
Apr. 11, 2010. 29 pips diff.
  • #974,520
  • Mar 26, 2015 11:47pm Mar 26, 2015 11:47pm
Quoting Chicky
I need this confirmation to finalize the world's first ever true Holy Grail method. Whoever supplies the answer will get the system. But rest of you can also work it out from my this question: Does anyone know a week when eur/usd opened and closed at the same price (allow 2 to 5 pips for bid and ask price difference).
8/12/13: 2 pips and 6/11/12: 2 pips are examples...
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