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  • #1,056,521
  • Feb 13, 2016 9:22pm Feb 13, 2016 9:22pm
So, now Obama is going to appoint a new liberal Supreme Court justice, tipping the balance to liberals.
That combined with Bernie/Hillary presidency means traders might be in for tough times.

Limited leverage, day trading restrictions, and higher capital gain taxes (I'm speculating)
They could even require minimum account balances on investment accounts by law.

I hope they don't try to flush the little guy out all in the name of "protecting them".
When in reality they just don't want people to make the kind of money they make
(or, pursue their dreams, in the case of the little guy not making the kind of money they want to make)

If they really cared about wealth protection they would make casinos illegal.

Not to mention they will make it illegal to bear arms. Not like that will stop anyone from carrying.
It's more likely to cause a civil war.

The only reason this didn't happen under Obama is the balance of Supreme Court Justices was conservative... until now.

Scary times lie ahead. I may have to leave the country.

The U.S. is already one of the most restricted trading countries in the world. And they want to restrict it even more.
Be hopeful in a winning position, and fearful in a losing position.
  • #1,056,522
  • Feb 13, 2016 10:32pm Feb 13, 2016 10:32pm
Quoting Rag2RichesFX
Lol, Rahul has a red diamond now (25+ subscribers). Everyone wants to follow his account blowup. I win the bet. You are under 10k now. Time to pay up, Rahul.
I will be above 100K by year end.
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #1,056,523
  • Feb 13, 2016 11:19pm Feb 13, 2016 11:19pm
Anyone see these 2 areas of confluence on the Monthly. 1st at $1.17 and another a ways up from there at around the $1.26 level. I look for some interesting action at either of these levels. $1.17 has much more information to look at besides what's on this chart. If we got a close above the 21 ema which is in confluence with the $1.17 price there is a LOT of room between the 21 ema and the 62 ema which by the time price could reach that level would be @ or near the $1.26 level which could make for a nice longer term target...given the move proving itself along the way. We're just getting started though.....
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-mn1-forex-capital-markets-2.png Size: 70 KB
Whats happening in EUR/USD should be happening to you!
  • #1,056,524
  • Feb 14, 2016 12:47am Feb 14, 2016 12:47am
frim the previous bullish trend, i try to take lines for next prediction
Attached Image(s) (click to enlarge)
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  • #1,056,525
  • Feb 14, 2016 1:52am Feb 14, 2016 1:52am
I called the new low in oil. I also callled EUR/USD going up above 1.11 two weeks ago. I'm among the most accurate people here.
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #1,056,526
  • Feb 14, 2016 1:55am Feb 14, 2016 1:55am
Quoting rahulkghosh
I called the new low in oil. I also callled EUR/USD going up above 1.11 two weeks ago. I'm among the most accurate people here.
Awesome profit mate. Hahahaha.
  • #1,056,527
  • Feb 14, 2016 2:13am Feb 14, 2016 2:13am
My prediction EURUSD will bull to 1.1465
Hope we all take buy and win
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  • #1,056,528
  • Feb 14, 2016 3:13am Feb 14, 2016 3:13am
Quoting virhan
My prediction EURUSD will bull to 1.1465 Hope we all take buy and win {image} {image}
Hopefully we can see 1.15 next week.
  • #1,056,529
  • Feb 14, 2016 3:14am Feb 14, 2016 3:14am
Quoting rahulkghosh
I called the new low in oil. I also callled EUR/USD going up above 1.11 two weeks ago. I'm among the most accurate people here.

rahulkghosh be honest with yourself don 't fool your self in believing you become the next multi billion dollar baller if you don 't learn from your mistakes.
Attached Image
persistence and determination alone are omnipotent
  • #1,056,530
  • Feb 14, 2016 3:15am Feb 14, 2016 3:15am
Quoting Ksth
{quote} Hopefully we can see 1.15 next week.
Never hope in this business
HumbleTraders
  • #1,056,531
  • Feb 14, 2016 3:17am Feb 14, 2016 3:17am
Quoting gfscapital
{quote} Never hope in this business
wkwkwk then believe it will go up.
  • #1,056,532
  • Feb 14, 2016 7:30am Feb 14, 2016 7:30am
Quoting Rag2RichesFX
{quote} The Fed has some catching up to do at that's why USD is getting smashed. Yellen is practically urging the market to take the hint: she will go negative in the future. If they were set on raising rates she would have said no to the possibility of negative rates. Shortest rate hike cycle in history.
its doing what she wants.. she raised and the usd weakened. she has the best of both worlds. whats all the fuss about. if it continues, unemployment drops further and exports increase further, wages increase (wage inflation in a better employment world).. the big world energy reset.. no longer blackmailed by middle east crap that benefited the ones its hurting today. including ez, japan and china. more important is consumption increase on domestic made goods.
those who can, do. those who cant, talk about those who can
  • #1,056,533
  • Feb 14, 2016 7:41am Feb 14, 2016 7:41am
Quoting rahulkghosh
{quote} I will be above 100K by year end.
Normally I try to avoid talking about someones trading style but looking at your TE I am beginning to see desperation in your trading. You have gone from purchasing small lots to purchasing full lots on an account that is sub 10K. Just the other day you sold USDJPY (1 full lot 3 times) at around 111.XX. Those 3 purchases by themselves have hit you for over 3K in losses at this point.

While I agree that when things are going your way it will really go your way, your trading style does not take into account what to do when it isn't going your way. Because of that you have lost 85% of your gains and around 70% of your initial deposit. Being stubborn about your trades is what leads to blown accounts.

I certainly wish you the best and I hope it turns in your direction but I also think you should consider closing all of your trades and re-evaluating your methodology.
  • #1,056,534
  • Feb 14, 2016 7:42am Feb 14, 2016 7:42am
Quoting Rag2RichesFX
So, now Obama is going to appoint a new liberal Supreme Court justice, tipping the balance to liberals. That combined with Bernie/Hillary presidency means traders might be in for tough times. Limited leverage, day trading restrictions, and higher capital gain taxes (I'm speculating) They could even require minimum account balances on investment accounts by law. I hope they don't try to flush the little guy out all in the name of "protecting them". When in reality they just don't want people to make the kind of money they make (or, pursue their dreams,...
i hear they want to ban sunshine in california.
those who can, do. those who cant, talk about those who can
  • #1,056,535
  • Feb 14, 2016 7:46am Feb 14, 2016 7:46am
EURUSD: 4h - Daily view
EURUSD pushed further up after breaking the consolidation zone. It did not pull back much after all. The pair closed the week at 1.1250, after reaching 1.1370 the resistance I expected last week. Looking at the chart, I see that the correction might be forming now, or the continuation towards 1.14 will take place from the current levels.
This week’s price action will depend if EURUSD drops towards 1.1080 from the current levels.
I favour pull back towards at least 1.0960 before the new uptrend resumes, but for aggressive bulls, the current level of 1.1250 could be a good opportunity to enter more longs too.
Short term bears might enter @ 1.1250, after the correction to 1.1080 and pull back are in place (see screenshot).
I assume, the complete correction has a potential to print 1.0980, the former resistance – today’s support.
THE NEXT MAJOR RESISTANCE IS @ 1.14 and then 1.1670.
Bulls @ 1.1250 or 1.1080 or 1.0980
Bears @ 1.1250 (after the pullback)

EURUSD: 15-30 min view
Shorter time frame shows signs of pullback. The long term stochastic show overbought conditions. As mentioned, bears could enter shorts at 1.1250, after the pullback is in place. Bulls could consider 1.1080 or 1.0970 as a good price for long entries.
Attached Image(s) (click to enlarge)
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HumbleTraders
  • #1,056,536
  • Feb 14, 2016 7:56am Feb 14, 2016 7:56am
Quoting magnumfreak
{quote} Normally I try to avoid talking about someones trading style but looking at your TE I am beginning to see desperation in your trading. You have gone from purchasing small lots to purchasing full lots on an account that is sub 10K. Just the other day you sold USDJPY (1 full lot 3 times) at around 111.XX. Those 3 purchases by themselves have hit you for over 3K in losses at this point. While I agree that when things are going your way it will really go your way, your trading style does not take into account what to do when it isn't going your...
Most traders will report they are doing really well. Even if they never made a dime,
It's called positive thinking
  • #1,056,537
  • Feb 14, 2016 8:37am Feb 14, 2016 8:37am
Quoting MissPips
Some weekend inspiration for traders: Do you plan as well as this guy does before pulling the trigger? https://www.facebook.com/31426792544...4260761774300/
wish I was that smart.
Back from the dead * ding fries are done *
  • #1,056,538
  • Feb 14, 2016 8:55am Feb 14, 2016 8:55am
Quoting mkvy
{quote} Most traders will report they are doing really well. Even if they never made a dime, It's called positive thinking
rat
  • #1,056,539
  • Feb 14, 2016 8:55am Feb 14, 2016 8:55am
Quoting magnumfreak
{quote} Normally I try to avoid talking about someones trading style but looking at your TE I am beginning to see desperation in your trading. You have gone from purchasing small lots to purchasing full lots on an account that is sub 10K. Just the other day you sold USDJPY (1 full lot 3 times) at around 111.XX. Those 3 purchases by themselves have hit you for over 3K in losses at this point. While I agree that when things are going your way it will really go your way, your trading style does not take into account what to do when it isn't going your...
rat
  • #1,056,540
  • Feb 14, 2016 8:57am Feb 14, 2016 8:57am
Quoting rattyo
{quote}
1,479 traders viewing now, 1 is registered:
ThomasStavr2