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cat replied Jan 18, 2012Gotta go get the nippa from school, so that's me done for the day. I think it'll go higher, but not before a retracement to the 1.2730 level, overnight or tomorrow. Anyway, H4 chart is bullish, but needs to come back first. Goodnight all.
EURUSD
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cat replied Jan 18, 2012It is indeed, but on a day like today, you can't simply let your winners run, coz they'll just snap back and bite you if you don't take predetermined exits. Take today's pa for example. The first trade was a Buy at 06.55 London time. It moved ...
EURUSD
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cat replied Jan 18, 2012True to a point, but if you have two winning trades back to back, but exit too early just because you are ahead, leaving good points on the table, and your next two trades go against you, you are if not back to square one, on your way back to it. ...
EURUSD
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cat replied Jan 18, 2012Anyone will tell you, knowing where to get out is way harder than knowing where to get in. You've gotta have an exit strategy and the dicipline to stick to it, otherwise this will always happen to you. Price normally hits key levels such as pivot ...
EURUSD
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cat replied Jan 18, 2012Did break out to the upside , but checked at H4 MA100s resistance. H4 stochastic up on overbought, and that combined with such solid resistance just offers a warning to those with long positions to be careful. Hope that helps someone out there.
EURUSD
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cat replied Jan 18, 2012Don't often post, but here's my couple of bob. The sharp move down found resistance right on the 76.4% fib retracement level. My hourly chart shows that the price may well now not be able to break out of today's high or low, so for me I'm not ...
EURUSD
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cat commented Jan 11, 2012You live and learn, as will this guy I hope!! "Thanks jonahk7 I have A buy on Euro"
ECB must do more to prevent 'cataclysmic' euro collapse-Fitch
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cat commented Jan 11, 2012you were saying that 60 pips north of here!
ECB must do more to prevent 'cataclysmic' euro collapse-Fitch
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cat commented Jan 11, 2012nice one Fitch! Better just to keep your mouth shut!!
ECB must do more to prevent 'cataclysmic' euro collapse-Fitch
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cat replied Dec 22, 2011You're absolutely right Taigen, so apologies big time for being such as arse. And to you erock, I hope I did not offend you with my drivel. You have every right to post whatever you wish, that's what so great about forums. I'm sorry forex has not ...
Do you guys find that forex trading sucks?
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cat replied Dec 22, 2011"You're either a cretin or one of those weird people that gets their rocks off going around trading forums telling folk that they're wasting their time. Either way, you make yourself look like a plank." Not quite Trotty - your quote.
Do you guys find that forex trading sucks?
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cat replied Dec 22, 2011Listen, this is a ridiculous thread of no value for traders. Forex is a great market to trade, it is fluid and gives endless opportunities to make one great trade after another as long as you know what you are doing. I beg you not to give this ...
Do you guys find that forex trading sucks?
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cat replied Dec 20, 2011Not in the least. If you feel guilty, then you are either failing to make money, or failing to build your life successfully around your trading. If you feel you are taking money for nothing, then you have probably forgotten how much hard work you ...
Do you feel guilty because of your profits?
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cat replied Dec 20, 2011If you can't trade forex, don't try and find the reason why as some external issue. Plenty of people out there myself included trade it successfully, and most of them will be able to trade their strategy on just about any market out there with a bit ...
Do you guys find that forex trading sucks?
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cat commented Dec 12, 2011Don't you mean ' The day Britain lost patience with Europe '.
The day Europe lost patience with Britain
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cat replied Nov 18, 2011The trader's analogy — There are those who despite the best will in the world will just never get there video There are those who think they know what they're doing until reality hits home video And there are those who will get there in ...
EURUSD
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cat replied Nov 18, 2011Well, I was an avid trekkie fan myself back in the 70's when the original tv series was playing, Derek Nimoy et al. But I don't remember a Borg, he must have come later. There you are, I'm showing my age!!
EURUSD
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cat replied Nov 18, 2011No, 3590 is not far, but that's where I have my TP held over from last night. I basing my calculation on the fact my charts are all showing upside momentum at present, and 3590 is just short of the hourly resistance 2 pivot point, with the H1 200 ...
EURUSD