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  • #1,008,421
  • Edited 4:27am Jul 9, 2015 4:09am | Edited 4:27am
I would advice to cover shorts (atleast leveraged ones). I don't know what the "normal market" is, went live recently and my experience live is that the fx market acts like stuff I read about penny stocks, no liquidity (except retail breakout/zomg it's a trend people). If that's not what you signed up for, well you've been warned now. I'm in about $10k having trying to figure what the crap is going on and I finally figured out how to get out of it - your loss are my gain. It just feels bad to see everyone here get all bullish when I know with maybe 80% probability things are about to tank etc. I got involved in FX because I thought it of as way to use some of that JPM's fed sourced infinite liquidity to make few bucks but I have nasty feeling they are using their infinite (lack of) liquidity to squeeze retail traders!

(of course you could want things to tank so your order gets filled - but if volatility/ranges expand then you best have good money management)

OTOH: I have gut feeling there could be some trending setting up (somewhere) also but no way I'm into guessing when things break ranges. (lots of false breaks in ranges)
  • #1,008,422
  • Jul 9, 2015 4:19am Jul 9, 2015 4:19am
S-R-S-R-S-R-S-R-S-...keep on guessing. Scalping rules on this pair.
Attached Image
  • #1,008,423
  • Jul 9, 2015 4:21am Jul 9, 2015 4:21am
just wake up to c my sell limit order @1.1125
WHAT A FUCKING LUCK
NOT FILLED
Attached Image (click to enlarge)
Click to Enlarge Name: fuck.png Size: 24 KB
  • #1,008,424
  • Jul 9, 2015 4:24am Jul 9, 2015 4:24am
Quoting egkid
just wake up to c my sell limit order @1.1125 WHAT A FUCKING LUCK NOT FILLED {image}
i told ya 1123
those who can, do. those who cant, talk about those who can
  • #1,008,425
  • Jul 9, 2015 4:30am Jul 9, 2015 4:30am
Quoting KzX
S-R-S-R-S-R-S-R-S-...keep on guessing. Scalping rules on this pair. {image}
Could you please tell how you set those levels? Any rules?
  • #1,008,426
  • Jul 9, 2015 4:31am Jul 9, 2015 4:31am
Quoting gatorinla
{quote} i told ya 1123
PA reach 1.11247 missed 1.1125 by 0.0003
  • #1,008,427
  • Jul 9, 2015 4:31am Jul 9, 2015 4:31am
EURUSD going south now
When life gives you lemons, make lemonade
  • #1,008,428
  • Jul 9, 2015 4:32am Jul 9, 2015 4:32am
Quoting egkid
just wake up to c my sell limit order @1.1125 WHAT A FUCKING LUCK NOT FILLED {image}
I had at 1.1126
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #1,008,429
  • Jul 9, 2015 4:33am Jul 9, 2015 4:33am
Quoting egkid
{quote} PA reach 1.11247 missed 1.1125 by 0.0003
it happens....i know the feeling.. 1115/1123.8 was in scope
those who can, do. those who cant, talk about those who can
  • #1,008,430
  • Jul 9, 2015 4:36am Jul 9, 2015 4:36am
The Fed did not rule out interest rate hikes in 2015
  • #1,008,431
  • Jul 9, 2015 4:39am Jul 9, 2015 4:39am
Quoting nixdem
{quote} Could you please tell how you set those levels? Any rules?
Just looking at the strongest price levels that get broken/rejected.
  • #1,008,432
  • Jul 9, 2015 4:39am Jul 9, 2015 4:39am
Added shorts at 1.111.
If current 1h candle closes with lower lows (beyond 1.103), we should see continuation down to next support 1.098.
Luck shines on the positive.
  • #1,008,433
  • Jul 9, 2015 4:39am Jul 9, 2015 4:39am
Quoting fxjesus
I would advice to cover shorts (atleast leveraged ones). I don't know what the "normal market" is, went live recently and my experience live is that the fx market acts like stuff I read about penny stocks...

I don't mean the scalpers who sold the highs. I mean bears who have been holding on for long time, unless you have positive expectancy by staying short. Goldman may have a bid at 0.8 but I'm not convinced we'll get there. I'm surprised if this can go much below 1.09. (obviously now that I said this, who knows - everyone goes long, adds some stop juice instead of just covering shorts and blam it could go lower)
  • #1,008,434
  • Jul 9, 2015 4:40am Jul 9, 2015 4:40am
Quoting Dano12
The Fed did not rule out interest rate hikes in 2015
one of the ecb bankers is saying he dont have to bailout banks or countries..
those who can, do. those who cant, talk about those who can
  • #1,008,435
  • Jul 9, 2015 4:42am Jul 9, 2015 4:42am
Quoting fxjesus
{quote} I don't mean the scalpers who sold the highs. I mean bears who have been holding on for long time, unless you have positive expectancy by staying short. Goldman may have a bid at 0.8 but I'm not convinced we'll get there. I'm surprised if this can go much below 1.09.
u dont get out much?
those who can, do. those who cant, talk about those who can
  • #1,008,436
  • Jul 9, 2015 4:45am Jul 9, 2015 4:45am
just when we see this pair want go down she will suddenly up.. its repeat again n again..
the opposite its same.. there's no clear direction atm,, just trade what you see .. carefull guys..


now we see posibility she wanna down more.. but as we know together she might up when everybody think she wanna down more..

maybe some one watching us and wanna stole our account
the true currencies here is patience and react precisely
  • #1,008,437
  • Jul 9, 2015 4:50am Jul 9, 2015 4:50am
nothing really on both trades
  • #1,008,438
  • Jul 9, 2015 4:53am Jul 9, 2015 4:53am
Quoting gatorinla
{quote} u dont get out much?
Not sure what you mean, I just look at the monthly ranges. Of course if those are not valid then maybe 1.0666, then 1.1337 and back to 1.1?
  • #1,008,439
  • Jul 9, 2015 4:54am Jul 9, 2015 4:54am
here we go with swissy, what a joke, muppets
If you are new to Forex? Say Goodbye to your account!!
  • #1,008,440
  • Jul 9, 2015 4:55am Jul 9, 2015 4:55am
Quoting mied
just when we see this pair want go down she will suddenly up.. its repeat again n again.. the opposite its same.. there's no clear direction atm,, just trade what you see .. carefull guys.. now we see posibility she wanna down more.. but as we know together she might up when everybody think she wanna down more.. maybe some one watching us and wanna stole our account
its called "deadmans land" for a reason:nerd:
If you are new to Forex? Say Goodbye to your account!!
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