I think it can get much lower today. But only got a small short open. I did short the Aussie though and above 30 pips in profit now, think it can get another 50+ pips lower, there was a strong contrarian long signal according to Oanda's positioning ...

EURUSD

Took some pips on a small short, out before the news now. Maybe it'll pull us up for a while for a nice selling position..

EURUSD

Oh sorry, I thought you meant 658 and not 758.. As far as longs go I think that might be too low, above 48 would seem more of an indication for that, but then again it could turn shortly after, so I'll just avoid longs alltogether for now I think. ...

EURUSD

Big moves often start during the hour and a half to one hour before London open, they'll also reverse an hour later at times. However we have some news coming up so caution is advised.. Crazy GL anyway

EURUSD

Not by me. An upwards break would indeed be rather risky to follow. Oh.. read your original message, sounds to me personally the short order is a bit too low.. But trade what YOU see.

EURUSD

GM folks, Looks like we'll have a breakout in about an hour, maybe the news in an hour and a half would also affect things. My guess is down, based on longer term and current shaping up on short term charts. Let's see.. Good trading to all

EURUSD

hmmm.... ok dude, good luck with that. I'd expect 45 to come before any major (above 200 pips) retracements, but trade what you see..

EURUSD

lol You're fighting the trend.. sounds much more risky to me.

EURUSD

Bear over ? It'll take a lot more than this to say that. We're still effectively in a strong downtrend plus the current low doesn't make much sense as far as ta can say. So it's very likely we'll at least try for 46 again. Question is, what will ...

EURUSD

I'm looking at the chart of EUR/USD I somehow doubt that nzd/usd and usd/cad tell it where to go. Even if they themselves don't make new lows.

EURUSD

Too early for that yet I think. Crazy zig zaging going on... :S

EURUSD

Guess it was still down, lots of indecisivness.. I doubt that it will come back if it goes down now.

EURUSD

Hmm.. Changed my mind and closed my trade, now long. Let's see.

EURUSD

You went long at 675 at the start of the week until 4760 ? And now you also think it's mad to short from here ? ok... This is either madness or genius... we'll see I guess.. I'm short anyway, and although I said yesterday we'll probably have a ...

EURUSD

Possible pullback tonight followed by a drop towards 1.46 tommorow. Not trading till a bit before London open anyway. Some bigger picture trendlines to watch in the chart attached. Click his profile and there select it in the options.

EURUSD

This week.. A possible bounce off 46 to 475-48 and back down to 445-45 by the end of the week, which could then be a bottom for a big retracement/reversal later on. Ah predictions... who cares I trade intraday, unless there's a very clear chance ...

EURUSD

Shut down the EA.. ?

How to deal with the losses??

IF you can trade the SAME way with a real account, it seems you'll do just fine. However, that's far from a given as with real money things could be very different, for example you'll be tempted to close your winners early or use trailing stops ...

Do I NEED a system?

Disagree and agree with Scyang. Live trading teaches you a phousand times faster. If you're trying something new then you can trade tiny amounts, but you'll still feel it and that makes the difference. On the other hand, if you're just trading for ...

EURUSD

Nobody. 1.46 should be a very strong support in my personal opinion.

EURUSD