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  • #1,045,261
  • Dec 17, 2015 1:42am Dec 17, 2015 1:42am
Took 2 shorts at ret. after support breakout.
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  • #1,045,262
  • Dec 17, 2015 1:42am Dec 17, 2015 1:42am
Quoting mofk21b
{quote} Nice Btw I'm newbie, i want to ask how much should be suitable for newbie like me to start trading? The feeling of losing money is so crucial, that's why if i start with too much money then after i lost few then will be very frustrated
I'll say what almost everyone will say to you.. start with demo trading.. at least for a few months..
minimum deposits depends on the broker and their leverage.. with 100$ and 1:100 leverage account, u wont earn a lot, but can learn much more about live trading..
Hope i was helpful..
Dont trade like me..
  • #1,045,263
  • Dec 17, 2015 1:43am Dec 17, 2015 1:43am
Quoting lancedes
{quote} I agree, and all makes perfect sense. But I'm still stunned by the reaction to Draghi 2 weeks ago. It seemed way over-exaggerated, given that he lowered deposit rates to the expected rate. I realise he didn't' use any of the other tools available in his box', and the market thought he might/could. But I mean, was a 350/400 pip move 'acceptable', based on that? (One can probably tell I'm one of those that was caught short!!). I also realise there had been a massive bear trend in place for the previous 6 weeks, in which the pair lost 900 odd...
reality is that the ECB interest change was not enough to do anything to fix the problems and the extension of the QE does not kick in for another year so he may just as well not even mentioned it. biggest mistake they made was to position the market for more action prior to the meeting they went out their way to do it... hence market shock
  • #1,045,264
  • Dec 17, 2015 1:46am Dec 17, 2015 1:46am
Quoting Hickson
{quote} hi, what was your initial risk on this baby?
not much just below pivot level, if it went below pivot was not holding so my reason for entry was wrong no need to still be in the trade.
better to have them tight sometimes

with DAX ploughing ahead and EU back below S1 I have taken an EU short below S1 - same deal won't let it go far against me
  • #1,045,265
  • Dec 17, 2015 1:50am Dec 17, 2015 1:50am
Quoting Patient1
{quote} I'm however really confident in 1.0750 and think 1.0600 is likely
Indeed... weakness back below 50-day SMA support is clearly pointing towards a further near-term downside at-least till 1.0750 support.

http://goo.gl/BbH8mD
  • #1,045,266
  • Dec 17, 2015 2:07am Dec 17, 2015 2:07am
Quoting dreamt1me
Took 2 shorts at ret. after support breakout. {image}

both positions stopped at be.
  • #1,045,267
  • Dec 17, 2015 2:25am Dec 17, 2015 2:25am
haven't posted in a while. how you all doing? had some faint shorts before fomc and pissed my pants a bit when it got over 1.1... but turned ok with a small profit.
i'm thinking a push towards 1.09 might be a nice place to sell for 1.08 which is a must touch level imo.
if it does look good around 1.09 i'll set my sl somewhere above 1.096
god speed!
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  • #1,045,268
  • Edited 3:18am Dec 17, 2015 2:28am | Edited 3:18am
Quoting MaxDoom
{quote} DAX initially dipped on open but gave a pivot trade currently +56 {image}
DAX now testing R1 taken 50% off for +120 pips

EDIT: this trade now +160 +180 and EU still has not moved.... UJ would be the better fx pair to trade today I would personally avoid crude and UC as it will likely flap about, interest hike should push crude down but crude is already well down and the hike was not full on hawkish so flap likely.
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  • #1,045,269
  • Dec 17, 2015 2:56am Dec 17, 2015 2:56am
Live eurusd trading: Modesty and result
http://www.forexfactory.com/showthre...stpage=1#reply
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  • #1,045,270
  • Dec 17, 2015 2:56am Dec 17, 2015 2:56am
bought EJ from d-S1 ...
  • #1,045,271
  • Dec 17, 2015 3:00am Dec 17, 2015 3:00am
Quoting ktoTam
{quote} s/o
another try from 5min tf
patern looks to me want to go up
above red lines which is prev weeks lows
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Time is your friend; impulse is your enemy.
  • #1,045,272
  • Dec 17, 2015 3:03am Dec 17, 2015 3:03am
Quoting meromar
Live eurusd trading: Modesty and result http://www.forexfactory.com/showthre...stpage=1#reply{image}
who are you trying to kid... by Live you mean Demo
  • #1,045,273
  • Dec 17, 2015 3:07am Dec 17, 2015 3:07am
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  • #1,045,274
  • Dec 17, 2015 3:10am Dec 17, 2015 3:10am
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follow the flow
  • #1,045,275
  • Dec 17, 2015 3:18am Dec 17, 2015 3:18am
Quoting MaxDoom
{quote} who are you trying to kid... by Live you mean Demo
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don't predict direction, but dance with flow of water
  • #1,045,276
  • Dec 17, 2015 3:31am Dec 17, 2015 3:31am
restest of last months low in cable, think I'll take some shorts here...nice spike just there...
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Look Sharp/Trade Tight
  • #1,045,277
  • Dec 17, 2015 3:32am Dec 17, 2015 3:32am
Quoting PayTheLimit
restest of last months low in cable, think I'll take some shorts here... {image}
, I was waiting for 1.501x ... missed to short may take later ....
  • #1,045,278
  • Dec 17, 2015 3:32am Dec 17, 2015 3:32am
I know this thread is full of threat (troll, commercial member, etc.)...and therefore we have a lot of Sherlock Holmes too...
...but imho meromar just wanted to say he is posting live trades instead of hindsight comments.
f(z)=z2+c
  • #1,045,279
  • Dec 17, 2015 3:34am Dec 17, 2015 3:34am
Quoting meromar
Live eurusd trading: Modesty and result http://www.forexfactory.com/showthre...stpage=1#reply{image}
It says DEMO on 3 different spots in the screenshot... (http://i.imgur.com/vizR60R.png)
  • #1,045,280
  • Dec 17, 2015 3:35am Dec 17, 2015 3:35am
Quoting edyraper
{quote} , I was waiting for 1.501x ... missed to short may take later ....
Expecting yesterdays high. Sell limit @40
Never follow/blame others,Patience is the key skill for Succesfull trading.
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