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EURUSD

  • #995,221
  • Jun 1, 2015 1:32am Jun 1, 2015 1:32am
LONG EU at 1.09436 SL 1.09386
A good trader follows his rules, but great trader knows when to break them
  • #995,222
  • Jun 1, 2015 1:34am Jun 1, 2015 1:34am
Quoting ill_be_back
LONG EU at 1.09436 SL 1.09386
better move that SL to BE. still expecting this thing to take out 1.0930 today.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #995,223
  • Jun 1, 2015 1:50am Jun 1, 2015 1:50am
Quoting KiwiTrada
pretty impressive "May" candle, shorts closed, now try to catch a huge fuken sword, @ previous monthly low {image}
Jump back in?
  • #995,224
  • Jun 1, 2015 1:51am Jun 1, 2015 1:51am
Quoting fxtyrant
{quote} trading privileges not verified? oh and I hide my account name? now tell me is that my account?? is trade privileges now verified? is the account real? gosh. {image}
Just speaking for myself, and NOT taking sides in any of these arguments that sometimes go on around here, I'll just say I don't think you've got anything to prove. You've done more than most to be open about your trades and trading style, and I think you've contributed quite a bit, at least during the few months I've been here. I'm learning some things from you (and several others here), even though our style is far different. Just wanted to say that.
  • #995,225
  • Jun 1, 2015 1:53am Jun 1, 2015 1:53am
Seems like it will go down today, it's bouncing whenever it touch MA 60 on TF M15. Yesterday (Friday, May 29) it's always bounced up from MA 60.
But, who knows? i don't have a crystal ball


Attached Image (click to enlarge)
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  • #995,226
  • Jun 1, 2015 1:55am Jun 1, 2015 1:55am
Quoting Ratmach
{quote} Just speaking for myself, and NOT taking sides in any of these arguments that sometimes go on around here, I'll just say I don't think you've got anything to prove. You've done more than most to be open about your trades and trading style, and I think you've contributed quite a bit, at least during the few months I've been here. I'm learning some things from you (and several others here), even though our style is far different. Just wanted to say that.
thx appreciate it.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #995,227
  • Jun 1, 2015 1:57am Jun 1, 2015 1:57am
Quoting mitrapips
{quote} I keep intending to do this but I am just lazy. Open a demo account of 100K. Take trades in random directions and wait for some time. See if the account ends up in net profit. As the market ranges most of the time I believe I will end up net positive. But what does that say about my trading? Give me enough dough and with half a brain (that you use to figure out basic mm and s/r), I will show you 1% profit. In the end, trading is very simple. What makes it difficult is to get it to work with low capital.
There was a good trader here (unfortunately I can't remember who, although I think it might have been RonaldRaygun) who said that what really helped him learn to trade was to take a tiny account like one of ones you can trade for pennies, and flip a coin for the entries. And then he traded this account until he learnedto manage his trades so as to exit in profit with these coin flip entries
  • #995,228
  • Jun 1, 2015 1:59am Jun 1, 2015 1:59am
Hi all, im a newcomer for this thread.

Im not a full time trader but have a small account that i traded since way back. been following the thread closely and been reading all the news on the web. i have 2 shot position same lot size one short at 1.0950 and another at 1.0900; should i leave it open or cut short (take whatever green and red post). SL at 1.1200

edit: position was opened last week.
  • #995,229
  • Jun 1, 2015 2:02am Jun 1, 2015 2:02am
Quoting emptycube
SL at 1.2000
Typo?
  • #995,230
  • Jun 1, 2015 2:03am Jun 1, 2015 2:03am
Quoting Ratmach
{quote} Typo?
thanks for highligting, yeah, it supposed to be 1.1200
  • #995,231
  • Jun 1, 2015 2:05am Jun 1, 2015 2:05am
Quoting emptycube
{quote} thanks for highligting, yeah, it supposed to be 1.1200
Phew! Had me worried there for a minute.

But as for how long to keep your shorts open, I can't say... but it's just my opinion (like several others here) that this is gonna go much further down over the coming days.
  • #995,232
  • Jun 1, 2015 2:07am Jun 1, 2015 2:07am
Quoting Ratmach
{quote} Phew! Had me worried there for a minute.
ahaha, so what say you?

im not really a fan of flat outlook of the pair now; hence the question. plan to cut losses and sideline till after greece made the payout (if they did);
  • #995,233
  • Jun 1, 2015 2:09am Jun 1, 2015 2:09am
Not looking good, yeah? But....UP - sorry SO MUCH to the doubters....
Keep It Simple Stupid
  • #995,234
  • Jun 1, 2015 2:09am Jun 1, 2015 2:09am
Quoting Ratmach
{quote} Phew! Had me worried there for a minute. But as for how long to keep your shorts open, I can't say... but it's just my opinion (like several others here) that this is gonna go much further down over the coming days.
ahh great. probably just leave it open i guess, my TP is at 1.0830, but if it hit my SL on both post, it will take avout 30% of the small profit i made last month.
  • #995,235
  • Jun 1, 2015 2:09am Jun 1, 2015 2:09am
Quoting Ratmach
{quote} Just speaking for myself, and NOT taking sides in any of these arguments that sometimes go on around here, I'll just say I don't think you've got anything to prove. You've done more than most to be open about your trades and trading style, and I think you've contributed quite a bit, at least during the few months I've been here. I'm learning some things from you (and several others here), even though our style is far different. Just wanted to say that.
Agree
  • #995,236
  • Jun 1, 2015 2:11am Jun 1, 2015 2:11am
900-930-960-990
  • #995,237
  • Jun 1, 2015 2:11am Jun 1, 2015 2:11am
Quoting Magicmen
{quote} Agree. Then EU can easily flow through 1.08494
That's true.
Money moves the market, not an indicator.
  • #995,238
  • Jun 1, 2015 2:13am Jun 1, 2015 2:13am
Quoting emptycube
{quote} ahaha, so what say you? im not really a fan of flat outlook of the pair now; hence the question. plan to cut losses and sideline till after greece made the payout (if they did);
Well, I've got a small-size short that's been underwater for awhile now, and I've so far resisted the temptation to close it.... and that's because I'm confident price is coming back down. Of course I could turn out to be wrong and wind up losing more than I'm currently down, but.... like I said, it's really small so I'll survive. Seriously though, taking EVERYTHING into account where the US, EUR, Greece is concerned, I just think there's a much greater chance of a strong down-move than an up-move.
  • #995,239
  • Jun 1, 2015 2:14am Jun 1, 2015 2:14am
Quoting Smiler
Not looking good, yeah? But....UP - sorry SO MUCH to the doubters....
Just keep smiling and everything will be fine!
  • #995,240
  • Jun 1, 2015 2:14am Jun 1, 2015 2:14am
Combustion area is setting up pullback higher first expected, then lower, bellow current h1 low.
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