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  • #1,100,901
  • Mar 30, 2017 3:39pm Mar 30, 2017 3:39pm
Quoting lctrader11
Whew!! Took me 2 weeks to BE today. Bad scalping idea 2 weeks ago. I guess I know how much my psyche can tolerate now in staying in a bad trade! I suppose my stubbornness will bite me later on.
The bad habit is like planted in our brain, this habit will auto activated without you realizing till we are in that deep hole. Then we remind our self again. lol
Self discipline It is a practice
  • #1,100,902
  • Mar 30, 2017 3:42pm Mar 30, 2017 3:42pm
Quoting okshop
{quote} Its there to remind me not to over leverage my Entry lol (use to wipe out a lot of account)
it truly is a marathon having big iron balls to endure all the stop losses along the road
  • #1,100,903
  • Mar 30, 2017 3:44pm Mar 30, 2017 3:44pm
Quoting lctrader11
Whew!! Took me 2 weeks to BE today. Bad scalping idea 2 weeks ago. I guess I know how much my psyche can tolerate now in staying in a bad trade! I suppose my stubbornness will bite me later on.
I couldn't hold a trade like that with this account. I high leverage it for fun. Try out ideas etc. You holding it now or taking it at be? if it was my luck, it would hit my be and bounce.
  • #1,100,904
  • Mar 30, 2017 3:45pm Mar 30, 2017 3:45pm
Stop moaning peeps, by now I sit on 2 longs in this
Plus multiple other positions in pairs that literaly went t*ts
Stops are far out and positions in EU are small though.
I bought on price and the shorts created many MM orders on their way down. So the good news is, the MMs are also sitting on their longs.
Means... well... I'll hold it for a while. 1.064 is still ok for me. If it holds there I can sit on these quite confortable for a while.
My fckn hedge positions perform better than the main trades.... mad world...
I just wonder what caused the USD to fly up today? I have no idea.
Must be Voodoo

and this is how the "60% right means 40% wrong" looks like when the wrong kicks in

night peeps, stay cool
you are not expected to understand this
  • #1,100,905
  • Mar 30, 2017 3:47pm Mar 30, 2017 3:47pm
Quoting MyOpinion
{quote} Well that took forever.... Gonna take profit 1.0680, in my opinion eur will not go below 1.06 so will make some long term buys pretty soon.
That took much longer then expected i was thinking 1-2 hours , i have just gone long now 1.0677 stop under 1.06 but looks like going bit lower, i will be surprised if goes much below 1.0635 but you never know.
Loser trying to become a winner!
  • #1,100,906
  • Mar 30, 2017 3:49pm Mar 30, 2017 3:49pm
Quoting tstivers
Does anyone have a reason *why* EU is going down beyond fibs, triangles, or some other TA bullshit? What is the psychological reason behind the downward movement?
It bounced off the daily 200 sma.
  • #1,100,907
  • Mar 30, 2017 3:50pm Mar 30, 2017 3:50pm
Don't let the market suck you into it. At most 60 pips then SL 20 pips beyond it. Make it 80 pips total.

Beyond 100 pips, the market consume everything from you not only your pips. The market is bigger than any traders. Learn the mistake. Forgive. And restart.
  • #1,100,908
  • Mar 30, 2017 3:50pm Mar 30, 2017 3:50pm
Quoting Teek
Stop moaning peeps, by now I sit on 2 longs in this Plus multiple other positions in pairs that literaly went t*ts Stops are far out and positions in EU are small though. I bought on price and the shorts created many MM orders on their way down. So the good news is, the MMs are also sitting on their longs. Means... well... I'll hold it for a while. 1.064 is still ok for me. If it holds there I can sit on these quite confortable for a while. My fckn hedge positions perform better than the main trades.... mad world... I just wonder what caused...
Lol USD going for 101.10.. Soon as that hit, then we can launch LONGS... Still not safe for longs at this time...
  • #1,100,909
  • Mar 30, 2017 3:52pm Mar 30, 2017 3:52pm
eur usd exaggerated fell...

The reaction will come
  • #1,100,910
  • Mar 30, 2017 3:55pm Mar 30, 2017 3:55pm
reaction will come ))) but not in eurusd but in gbpusd @ LO, it's holding ground like 300 spartans while euro is taking a huuge dump.
  • #1,100,911
  • Mar 30, 2017 3:57pm Mar 30, 2017 3:57pm
When the price is right any traders can make 20 pips a trade. Easy. 2 to 3 trades of 20 pips a day are normal. So losing 80 pips a day is normal. But don't lose more than that. It's human limit. Except if you run on TA and leave it for a month. Sure the price will hit your target 50% of the time. But it's not normally human. I don't want to pay any medical bill.
  • #1,100,912
  • Mar 30, 2017 3:57pm Mar 30, 2017 3:57pm
Quoting asgcorp
reaction will come ))) but not in eurusd but in gbpusd @ LO, it's holding ground like 300 spartans while euro is taking a huuge dump.
We advise you to be careful ...

No parity will fall forever ...
He must make corrections.
  • #1,100,913
  • Mar 30, 2017 3:59pm Mar 30, 2017 3:59pm
Quoting asgcorp
reaction will come ))) but not in eurusd but in gbpusd @ LO, it's holding ground like 300 spartans while euro is taking a huuge dump.
Love following your thread, great calls… (High probability live trades)
Self discipline It is a practice
  • #1,100,914
  • Mar 30, 2017 3:59pm Mar 30, 2017 3:59pm
And now we are seeing the effects of the rate hick .

Money contraction always makes value
  • #1,100,915
  • Mar 30, 2017 4:03pm Mar 30, 2017 4:03pm
Quoting Teek
Stop moaning peeps, by now I sit on 2 longs in this Plus multiple other positions in pairs that literaly went t*ts Stops are far out and positions in EU are small though. I bought on price and the shorts created many MM orders on their way down. So the good news is, the MMs are also sitting on their longs. Means... well... I'll hold it for a while. 1.064 is still ok for me. If it holds there I can sit on these quite confortable for a while. My fckn hedge positions perform better than the main trades.... mad world... I just wonder what caused...

Good luck mate, just please don't brag after your initial entry goes 120 pips in the opposite direction.
If I am not mistaken you started building your long position @1.0760 right?
This is what I meant last night, you need to mention your stop since it is very misleading for many new traders here. It is not for everyone to have such high draw downs.

Good luck honestly, I am sure it will turn into profit zone if you wait long enough.

I closed @1.0675 and took the loss-60 pips on the overall position. I never trade month-ends so this confirms the end of week. In a way I am glad it is over, was a nightmare!
  • #1,100,916
  • Mar 30, 2017 4:07pm Mar 30, 2017 4:07pm
EUR could fall further tomorrow

i'd wait for a small pullback and reenter short again, but will wait for tomorrow before doing anything
  • #1,100,917
  • Mar 30, 2017 4:09pm Mar 30, 2017 4:09pm
Quoting Teek
Stop moaning peeps
Teek, you warn me to stay away from ZAR. Excuse me, I didn't do it. Because I have been profiting from it. I bought it @ 12.750. It went down to 12.500 something like 2500 pips. But I am certain that it will come back to 13. Well, I profited 1000 pips from that trade.

I am holding MXN at 22. I am sure it will hit 24. But don't follow me. It's high risk. My SL is at 12. Another 6000 pips away.

I leave it with TP @ 24 and SL @ 12. I will hold it as long as possible.
  • #1,100,918
  • Mar 30, 2017 4:12pm Mar 30, 2017 4:12pm
In
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A good trader follows his rules, but great trader knows when to break them
  • #1,100,919
  • Mar 30, 2017 4:12pm Mar 30, 2017 4:12pm
Connors , really dark situation. I finally entered a SL reluctantly, at 6.70 Might be hit... Anything can happen.

Stoped in short $JY and reentered with SL at 112.00
Flat in BP . No opinion, here , but it s holding very well , considering...

Yeap...we violated alllll rules.....
  • #1,100,920
  • Mar 30, 2017 4:14pm Mar 30, 2017 4:14pm
I say 50-60 pips dive more
Pecuniae obediunt omnia
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