EURUSD

Quoting scouse12345

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Morning Tyrant. Personally i don't think you have to explain yourself, you expressed a view, made clear the mm requirements and made your trade, it wins, it wins, if not you move to the next, so.. enough explaining you've done more than enough and you add value. So... i'll put me nuts on the line... i shall be buying this for the next 2 hours, then selling back down... if i'm right so be it... if not, i shall still take my 2 lads to the football at the weekend, watch some porn, argue with the missus, and start again Monday. Good luck all.. scouse....

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Quoting MallocMB

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Well I think most of us are messing around when it comes to Tyrants short. I had good profit up through the FOMC but panic during the post event chop made me lose all those profits to break even in the past couple weeks. Holding the position for an eventual profit is better than taking stop out after stop out. I'm about to close some trades to make me about +3% for the past two weeks, which is much less than the +20%(probably more like 14%, I was embellishing) I had right after FOMC! This past two weeks was some of the most intense trading I have...

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Quoting ohguowei

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{quote} intensive? this couple of weeks? are u new to trading?

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Quoting Matts Micro

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EJ C&H seems to be playing out. I'm hedged with EA bulls, struggling at 1.3960 resistance though

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Quoting MallocMB

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Well I think most of us are messing around when it comes to Tyrants short. I had good profit up through the FOMC but panic during the post event chop made me lose all those profits to break even in the past couple weeks. Holding the position for an eventual profit is better than taking stop out after stop out. I'm about to close some trades to make me about +3% for the past two weeks, which is much less than the +20%(probably more like 14%, I was embellishing) I had right after FOMC! This past two weeks was some of the most intense trading I...

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Quoting fxtyrant

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{quote} if I listened to you and exited my shorts albeit them being under water at ~1.10, I would've been pissed off with myself... since there was no reason to panic at all.... 10% drawdown is nothing for a swing/trend trader like me.... but I admit, the entry could've been better.... originally I placed my short eurusd at 1.0920, but eurusd was way to heavy to even get up there to trigger before FOMC. so 1.0820 was a better choice... then FOMC threw a curve ball not only at me, but to everyone... soo if FOMC's curveball can only make me suffer...

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Quoting MallocMB

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Well I think most of us are messing around when it comes to Tyrants short. I had good profit up through the FOMC but panic during the post event chop made me lose all those profits to break even in the past couple weeks. Holding the position for an eventual profit is better than taking stop out after stop out. I'm about to close some trades to make me about +3% for the past two weeks, which is much less than the +20%(probably more like 14%, I was embellishing) I had right after FOMC! This past two weeks was some of the most intense...

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Quoting gatorinla

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https://www.youtube.com/watch?v=81QluTS-mWc

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Quoting MallocMB

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{quote} Its not going to break crazy either way until next week. Maybe a GDP report spike.

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Quoting maldegnegi

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{quote} Boys become men when men are not around

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Quoting fxtyrant

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{quote} you're still new. but you'll gain more experience trading forex... then you'll realize holding a trade for 200 pip drawdown is nothing... I once held onto a 2000 pip drawdown on long USDCHF back in 2010/11 just before SNB pegged to the EURO.... that was when I was anxious as hell. cuz a lot of market jitters at that time that the SNB was beign threatened that CHF was appreciating too hard too fast, that they will intervene. and indeed they did.

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