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Yuchen replied Dec 14, 2011In my opinion, EU has very high probability to test 1.287X-1.288X. It was this year's low and it was also 123.6% Fibonachi extension so there might be a considerable support at that level. I think it is very dangerous to long right now. It would be ...
EURUSD
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Yuchen replied Dec 13, 2011The yearly low was 1.2874 on Jan 9th which is very close to 1.2884, i believe it is a good idea to close some shorts around that level and wait to another opportunity to short.
EurAnalysis
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Yuchen replied Dec 13, 2011Anyone pay attention to EJ? Is there a possible to see UJ up when EJ have a bounce at 100.00? (i think it is very possible for EJ to reach 100.00 and then have a bounce there to bring UJ up)
USD/JPY Discussion
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Yuchen replied Dec 13, 2011Good luck.... i dont want to be a bastard but i would like to say it may will keep dropping and finally have a bounce around 1.2970, at the level where you might burn your account...
EURUSD
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Yuchen replied Dec 13, 2011buying for every 10 pips drop and when she finally decided to close her long EU will bounce up a little bit.
EURUSD
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Yuchen replied Dec 13, 2011You are right that every trade is considered as a "gambling", but your gambling is just one chance high risk gambling and our "gambling" is smaller risk and may help us have a constant profit in the long run in the future once we develop our own ...
EURUSD
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Yuchen replied Dec 13, 2011It is hard to tell a time but based on price, if it breaks 1.3145 it may have potential to test 1.33XX later on. I have a sell limit at 1.3145 with 40 pips s/l, i assume it will not break when it retrace to there by the first time, but if it broke ...
EURUSD
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Yuchen replied Dec 13, 2011I suggest you dont do that, i dont really think 1.3000 is any technical support (it is just a psycholgoical number), it could get to 1.28XX and your account will burn. On the other hand, you trade like this because you are using a gambling account ...
EURUSD
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Yuchen replied Dec 13, 2011what if it went down first to burn your account then bounce up to 1.31XX ?
EURUSD
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Yuchen replied Dec 13, 2011I heard both incrediblle and cloggie were banned ? is that true and why?
EURUSD
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Yuchen replied Dec 13, 2011I suggested you close your at least 90% of your position, full in is a gamble. you may double your account soon but you may also burn it as well.. unless you have a super small account and you dont really care about it.
EURUSD
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Yuchen replied Dec 13, 2011This is a good sell limit idea and i will also put my sell limit at 1.314X with 40 pips s/l
EurAnalysis
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Yuchen replied Dec 13, 2011Wow, so impressive you are only 14 and you have such an insightful view of a positive attitude for trading and for life perspective. Let's wait and see if there is any opportunities to trade this pair later and cover some of our loss

EurAnalysis
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Yuchen replied Dec 13, 2011Thank you and i will try my best to learn all the mistakes i made good luck to you and safe trade !
EURUSD
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Yuchen replied Dec 13, 2011I had a bad trade yesterday to long EU at 1.3239 with s/l at 1.3139. which was 1.03% of my account balance.
It again proved my against the major trend trade is a wrong idea. I had a few opportunities to cut my loss for around 40 pips loss but i ...EURUSD