EURUSD

Quoting Not-KPMG

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{quote} Thank you. I can't offer advice, since your style of trading may be different, and balance, risk etc. I'm short, for the last 15 days maybe. Target is 1.1040 but there's 200DMA just here at 1.1140 i think. So it may jump. May go 1.12 soon. Or in a week. Ask others - they expect 1.17..... As to your last sentence Thanks. If there is ever a church of NOT-KPMG here today we put the corner stone €‹

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Quoting NejcFX

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{quote} Well I still am in the big quest of finding the right trading style for me......ÂÂÂÂget flat. If not... that will be almost 70% drawdown for me... nut much in terms of money (arround 110-120$) but an enormous setback for account. As famous movie character would say: Stupid is who stupid does... The joke is on me this time because I bit much more as I could chew.

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Quoting batus

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{quote} Careful..a drop zone below

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Quoting NejcFX

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Can I expect a retrace for minimizing losses or its better to close positions with HUGE loss/drawdown (by percentage meanings... I am trading couple of microlots only - still in learning mode but settings set to HARD as I am trading with real money)? Today during my slep I'll be probably murmuring - I SHOULD HAVE LISTENED TO Not-KPMG

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Quoting F.g

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{quote} My friend, it is not my intention to upset you or make you unhappy [more than you already are] I understand you are a new trader . I want you stop trading real money and play demo acc. for FEW YEARS. Not only you do not have experience and proper knowledge but you are unable to discriminate good and sound advice , that was offered inthis thread by other fellows. Study , read , work , investigate and if you become successfull in paper trading then start real money trading. This sport is frustrating even for traders with 20 years...

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Quoting NejcFX

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{quote} Thank you for your opinion F.g. Funny thing is that I already did almost 3 years of demo acc with no help or whatsoever... Thats why I choose its time to come to real market with "learning money"... After first blown atempt... I decided for another one (this now) and I must say that with real money in game you learn much much faster. I am not upset and not unhappy... those are just numbers right? Every school has its costs I really hope that I will get as much knowledge as I can and finally find suitable trading style of my own.

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Quoting NejcFX

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{quote} Well I still am in the big quest of finding the right trading style for me. In past couple of spikey events I was stopped out few times even though I placed orders in "right" directions. Well today... I am still learning my lesson about significance of stop losses (again). As of numbers speaking... my account is not capable of holding position to 1.104 :/ . I placed my SL's to 1.113 now in hope for a rebound to 1.1205 (or more if possible just to get flat. If not... that will be almost 70% drawdown for me... nut much in terms...

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Quoting F.g

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{quote} NejFX I think that your SL should be @ 1.11 50 . If it is not hit soon we ll see what kind of rebound develops today and decide later . I do not believe 1.12 05 is realistic for today. at 15:06 the full moon and lunar eclipse will hit N.York . You have [as most traders] few chances to operate objectively and unemotionaly . Don't stay in these longs over the weekend.

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Quoting NejcFX

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{quote} Thank you for your opinion F.g. Funny thing is that I already did almost 3 years of demo acc with no help or whatsoever... Thats why .... ÂEvery school has its costsÂÂI really hope that I will get as much knowledge as I can and finally find suitable trading style of my own.

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Quoting pytaz

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{quote} If market hit 1.1138, it will hit 1.1107, but i Think that shouldn't happen. Current low 1.1150 still normal for me, i am just afraid of 1.1138:nerd:

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Quoting Jfrancis

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{quote} My trading strategy is simple defined as wave analysis and includes the theories of Elliotts wave principals and the ability to identify the development of structural corrective wave patterns. The market moves in waves, just as everything else in the world; energy, light and sound, creating patterns. These wave patterns frequently reoccur in markets and have a high expectancy rate to behave in a particular manner, offering the opportunity to deliver calculated inputs on market forecasting Currently EURUSD is in a big correction pattern....

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Quoting Not-KPMG

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{quote} Thank you. I can't offer advice, since your style of trading may be different, and balance, risk etc. I'm short, for the last 15 days maybe.... Target is 1.1040 1080 but there's 200DMA just here at 1.1140 i think. So it may jump. May go 1.12 soon. Or in a week. Ask others - they expect 1.17..... As to your last sentence Thanks. If there is ever a church of NOT-KPMG here today we put the corner stone !!

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Quoting Not-KPMG

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{quote} hi new writer here You need friends and other people to exchange ideas and try new things Three years alone.... Wow. And such a bad timr to test your real skills. Crazy ranging markets... But that was also expected. {quote} Hi again bulls and bears I'm adding some longs (but keeping plenty of shorts). Target 1.1190 to 1214. Guess there will sell again.. 1140 is solid now, and in M15 i guess nice divergence is forming Good weekend all.

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Quoting NejcFX

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{quote} Thank you for your opinion F.g. Funny thing is that I already did almost 3 years of demo acc with no help or whatsoever... Thats why I choose its time to come to real market with "learning money"... After first blown atempt... I decided for another one (this now) and I must say that with real money in game you learn much much faster. I am not upset and not unhappy... those are just numbers right? Every school has its costs I really hope that I will get as much knowledge as I can and finally find suitable trading style of my own.

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Quoting batus

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{quote} Real can teach you about emotion. Thats good, start with small & trade smallest you can. Then start to expand. For me, i just care about money in the account. I don't really care about losses as long the equity growth. Risk & reward is very - very important to me other than technical & fundamental. Wish you success {image}

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Quoting Neqrotik

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{quote} Why is CADJPY on the EU thread though?

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Quoting batus

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{quote} Ahh..wrong ss..my apology

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Quoting baherhosni

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{quote} Good trade by the way my friend!!

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Quoting NejcFX

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{quote} I'm form EU and here is 20:21 already local. I think I wil operate in dreamzone by then (had 12hrs shift today at job) ... If I lover my SL I can assume I'll have another blown acc or at least close to it. I am trading 0,16lot (yeah... Greed is something paper/demo trading doesn't teach you)

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