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- PhorPhunn replied Mar 4, 2008
I know... I think it's more the anticipation of being able to cash in on an "overdue" retrace. But then again EU is full of illogical moves, so it wouldn't surprise me one bit if it jumped up to 5350 today. I just keep looking for a strong signal ...
EURUSD
- PhorPhunn replied Mar 4, 2008
You know that nervous feeling you get when you are just starting to look over the edge of a very tall thrill ride? Anticipation, fear, nausea, etc... Anyone else feeling that right now, besides Ticker? LoL
EURUSD
- PhorPhunn replied Mar 4, 2008
Not seeing too much support at that level, although it would make sense that resistance is flipped to support once fully penetrated. Based on this lack of support, I would speculate that we'll see new daily lows in the next few hours. The keyword ...
EURUSD
- PhorPhunn replied Mar 3, 2008
Definitely looks like the bulls are losing steam, at least temporarily. But who knows which minuscule news event will trigger a 200-300 pip rally. I'm hoping to see EU land around 5050 and take a nice elastic bounce up to 54 territory. I'm blind ...
EURUSD
- PhorPhunn replied Feb 29, 2008
Thanks! Luck always helps...
How much weight is everyone putting on Merrill Lynch's "prediction" of 1.57 next month? Do they have the ability to make something like that happen, or just enough to force the general public in that direction?EURUSD
- PhorPhunn replied Feb 29, 2008
I only trade EU, since I have grown accustomed to it's general behavior, although it has been changing drastically in the last few months or so. I typically don't use SLs since I monitor each open position, unless I decide to go to sleep or leave my ...
EURUSD
- PhorPhunn replied Feb 29, 2008
I have been trading Forex for just over a year now, and never traded with a demo account. I was in the stock market for a few years prior, and it was not enough risk/return for me. I have had 4 or 5 months in the past where the total return at the ...
EURUSD
- PhorPhunn replied Feb 29, 2008
Leverage — I'm up approximately 12.2% on the week for EU (the only pair i trade), using a simple scalping method watching p/a. I use full leverage on my account for every trade (100% of account value), which most may not agree with. The way I ...
EURUSD
- PhorPhunn replied Feb 28, 2008
Feeling the resistance at 1.5150... Looks like that might be the turning point headed into the weekend. I wouldn't be surprised if it breaks through first thing next week, though. Just playing the dips until then...
EURUSD