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  • #987,301
  • May 6, 2015 11:28am May 6, 2015 11:28am
Quoting giveachance
{quote} what a bad day I had today. maybe I should stop trading the euro for a while now. my calls are going bad this entire week.
Buy on dips, and you'll be fine.
Stop going for the easy buck
  • #987,302
  • May 6, 2015 11:28am May 6, 2015 11:28am
Quoting giveachance
{quote} what a bad day I had today. maybe I should stop trading the euro for a while now. my calls are going bad this entire week.
Me too, lost all my gains from this morning by buying on a signal late this afternoon (against my strategy). But tomorrow is another day and you can potentially make up for all your losses - and have learned from your mistakes
  • #987,303
  • May 6, 2015 11:29am May 6, 2015 11:29am
Just the pump before the dump IMO. NFP this week will play out the real leg
  • #987,304
  • May 6, 2015 11:30am May 6, 2015 11:30am
Quoting bulltrader13
{quote} Me too, lost all my gains from this morning by buying on a signal late this afternoon (against my strategy). But tomorrow is another day and you can potentially make up for all your losses - and have learned from your mistakes
Yup. This gig requires extreme mental toughness, like top 5% of population. Good luck hang in there. Sometimes you have to throw out reasoning and just go hard by the rules you write down. Nothing you can do, just imagine that every point in time you are breaking even and try to make the best decision in any given situation.
GL
  • #987,305
  • May 6, 2015 11:35am May 6, 2015 11:35am
Quoting TsunamiPL
{quote} Buy on dips, and you'll be fine.
Easy to say, But now EU is retracing You know where & when it will Start moving UP again or the major trend will resume & this will continue DOWN

Just joining few words quotes from Hathor & Gator

the devil does not sleep, Enter where its cheaper to be wrong
A good trader follows his rules, but great trader knows when to break them
  • #987,306
  • May 6, 2015 11:36am May 6, 2015 11:36am
Quoting TuTang
Just the pump before the dump IMO. NFP this week will play out the real leg
I am looking for more profit because my trades love NFP.
Love for all; Hatred for none.
  • #987,307
  • May 6, 2015 11:39am May 6, 2015 11:39am
euro outstanding performance is amazing and was not so predictable.

holding euro bearish bias is no longer profitable and devastating sometimes. it is not easy to get rid of this bias addiction, it is almost a year and our mind was set to think of euro as sell on rallies. it is not any more, at least not in near term.

euro has cleared 23% fib from 1.399 to 1.0450. meaning 38% could be a target, if things go extreme with feds and Europe.

life was easier when euro was valued as shet.
  • #987,308
  • May 6, 2015 11:44am May 6, 2015 11:44am
Wish to buy it from 1.105 and 1.0838 with SL @1.05 if EU doesn't come up with another so called crisis
You cannot learn better without losing
  • #987,309
  • May 6, 2015 11:51am May 6, 2015 11:51am
naah.. :/
"I'm not answering stupid questions."
  • #987,310
  • May 6, 2015 11:52am May 6, 2015 11:52am
Quoting TataFara
euro outstanding performance is amazing and was not so predictable. holding euro bearish bias is no longer profitable and devastating sometimes. it is not easy to get rid of this bias addiction, it is almost a year and our mind was set to think of euro as sell on rallies. it is not any more, at least not in near term. euro has cleared 23% fib from 1.399 to 1.0450. meaning 38% could be a target, if things go extreme with feds and Europe. life was easier when euro was valued as shet.
This thing can either go up or down. Not only down anymore.
Stop going for the easy buck
  • #987,311
  • May 6, 2015 11:54am May 6, 2015 11:54am
Quoting petehnm
{quote} long?
No, short.
  • #987,312
  • May 6, 2015 11:58am May 6, 2015 11:58am
Quoting Forexville
Looks pretty good. There is nothing wrong with high risk strategies as long as you make sure that the gains are worth it. Martingale can be a good strategy in the extreme case, ie you know every prediction you make is correct. Then that is probably a fast way to cash in on it. If you know that 90% of your signals are correct things become extremely complicated. If you are 55% correct, well things become rocket science. However great results
How is your broker? I wanted to know about slippage and commission. If I have 0.01 lot trade on ECN account how much is commission in dollars?

I am also from Canada so how is the process of deposit and withdrawal? I know I can call them for information but real things come with having account with broker.
Love for all; Hatred for none.
  • #987,313
  • May 6, 2015 12:06pm May 6, 2015 12:06pm
Quoting giveachance
{quote} what a bad day I had today. maybe I should stop trading the euro for a while now. my calls are going bad this entire week.
Have you been able to identify why you have done poorly?
Leading by "Being an example" is hard to find then actual examples.
  • #987,314
  • May 6, 2015 12:08pm May 6, 2015 12:08pm
Quoting mrbandwidth
{quote} Congrats, mate. Awesome. What method did you use, please? And any new prediction from here?
it's abonacci system,
maybe tomorrow there be a condition for a new signal or friday(but with news it will happen in seceonds and hard to catch it)
it'a a little long term system
I only have this template for eurusd and gold but my gold template do not run on any of my brokers now,
it was working before!
  • #987,315
  • May 6, 2015 12:12pm May 6, 2015 12:12pm
Quoting aahmad29
{quote} How is your broker? I wanted to know about slippage and commission. If I have 0.01 lot trade on ECN account how much is commission in dollars? I am also from Canada so how is the process of deposit and withdrawal? I know I can call them for information but real things come with having account with broker.
Tradersway has a nice platform. I use their 1000:1 leverage. Just waiting for funds to get here from them. A bit of a hassle with the wire transfer, but will see when the funds get here. Not terribly excited about using Payza, given their history.
  • #987,316
  • May 6, 2015 12:20pm May 6, 2015 12:20pm
EUR/USD moved to the downside but that movement was very short-lived because the pair couldn't break below the support at 1.1060 and rallied again, breaking above the resistance at 1.1260. I think correction will continue for the foreseeable future and the pair will likely reach 1.1700 - 1.1800.
  • #987,317
  • May 6, 2015 12:25pm May 6, 2015 12:25pm
...and we are in with smallest position. Its a BUY.
  • #987,318
  • May 6, 2015 12:33pm May 6, 2015 12:33pm
http://news.forexlive.com/!/ecb-defe...--bbg-20150506
  • #987,319
  • May 6, 2015 12:38pm May 6, 2015 12:38pm
Quoting hathor
{quote} Patience. {image}
Lets see what this pair is made of.
Attached Image (click to enlarge)
Click to Enlarge Name: 05_06_weekly.png Size: 40 KB
f(z)=z2+c
  • #987,320
  • May 6, 2015 12:39pm May 6, 2015 12:39pm
Quoting English
{quote} Have you been able to identify why you have done poorly?
Probably poor position sizing. Speaking of which, those are massive trades you are making English... a full lot with 1k account? Don't get me wrong you won, but jeez that is sweet high risk...what leverage are you using?
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