Support and Resistance — These are from the most important terms use in the financial market. They are basic notion everybody should be aware of. I may define straight forward that the resistance is the level where selling meets buying volume, ...

haniam's anti Big Dogs trades

An analysis of EU I totally agree with — This is an analysis by Bogdan Parascanu I totally agree with: "Bullish momentum is pretty strong and the pair looks set on reaching the 1.4300 YTD high and perhaps even go higher, bullish traders ...

haniam's anti Big Dogs trades

Trades follow up — Sold a second Lot @1.4195 targetting 1.4140 SL 1.4235 Will sell a third one around 1.4220 level with same SL

haniam's anti Big Dogs trades

Trades follow up — Sold 1 lot @1.4190 on bounce. SL 1.4235 Will sell another lot if this level is tested again with a new bounce, or wait 1.4220 level and sell if it bounces. SL 1.4235

haniam's anti Big Dogs trades

Thusrday 11, 2007 trades plan — I will reenter the market today on a sell order at a better price on a bounce of the 1.4170 area which is the 61.8% Fibonacci level of the last recovery, with 20 pips SL. If it breaks I will wait for the ...

haniam's anti Big Dogs trades

Trades follow up — The prices have bounced few hours ago on the support level 1.4125-1.4130 I still believe that this is a retracement of the new recovery of the USD, but since I should not get married with my trades I decided to get rid of my ...

haniam's anti Big Dogs trades

Where to put the stop loss? — Basic money management (MM) rule: Preserve your capital. Preserving the capital means that you should not risk all your capital for a trade. If you are right, you may double your account in one day, but if you are ...

haniam's anti Big Dogs trades

Try to follow news! — When there's a move in the market that is not conform with the technical analysis, go and search the fundamentals. Like today, the EU is going up with no official news. But I found the reason in this article in AVDFN: ...

haniam's anti Big Dogs trades

Wednesday 10, 2007 EU trades — My stop levels has been reached but I decided not to close my trades yet since the levels are bouncing. I still believe that this is a retracement of the new recovery of the USD, but since I should not get ...

haniam's anti Big Dogs trades

Don't get married to your trades — This is a major advice that may save your account: Don't get married to your trades! You take a position, and the position reverse against you. Then you say you are convinced it will come back and give you ...

haniam's anti Big Dogs trades

Stop loss example thru Wed. 10, 2007 — Let's take yesterday example. I had one of my stops @1.4115. The prices reach this level and bounced on it. I was not stopped since the stops are mental. I may stop it now @1.4108 saving 7 pips. But since ...

haniam's anti Big Dogs trades

Stop losses: Hard Stops and Mental Stops — I already categorized most brokers in the Big Dogs category (Post 3) since they often take the inverse trade of yours. You lose, they make money with 90%-95% probability of winning. Did you know that ...

haniam's anti Big Dogs trades

Trade 3 — Selling another lot of EU @1.4100 SL 1.4135 targetting 1.4030

haniam's anti Big Dogs trades

Trade follow up — Going short 1 lot on EU @1.4078 with SL @1.4115 targetting 1.4020 May close before since FOMC are in 3 hours

haniam's anti Big Dogs trades

How to supplement your miserable income — You want to supplement your miserable income? Well, definitely don't trade the Forex! I repeat, don’t trade the Forex market in the purpose to supplement your miserable income! Else, you will certainly ...

haniam's anti Big Dogs trades

Trade closed @ 1.4037 for +13 pips. Will sell back between 1.4050 and 1.4075

haniam's anti Big Dogs trades

Tuesday 9, 2007 EU trades follw up — EU has bounced on the 1.4115 level and is testing now 1.4050. This level seems strong enough not to be breched easily. Daily are bearish, while hourly are slightly bullish. I will sell 1 lot at this level ...

haniam's anti Big Dogs trades

Tuesday 9, 2007 EU analysis — We have already a new low today. We are still in the correction period that takes the EU in a downtrend inside the uptrend. For a bigger illustration, the EU is in an uptrend as explained in post 7. But we are in ...

haniam's anti Big Dogs trades

Monday 8, 2007 evaluation — Yesterday we had a 116 pips day, the EU going down most of the time without having to do a particular fight. Last Friday 1.4030 level has been tested as expected and today it has even been broken. Due to the double ...

haniam's anti Big Dogs trades

Welcome to the thread Bakuli! — Welcome to the thread Bakuli! I am trying to make my thread as informative as possible so I help some fishes to grow if they want to. Understanding the Forex market is major before being able to make winning ...

haniam's anti Big Dogs trades