oops..disaster trade..you may have lost $ 1500 + in this trade bringing equity to 280. I am also trapped in e/u short at 1.50326. Looking to exit at break even. Keep going..you are a great trader..looking forward to another journey of yours from $ ...

100 to 1000$ in a day regularly Target

Yes a breakout happened in eur/usd on 24th nov 2006 taking price past to 1.30 +. It continued with its bull run for nov and dec 2006 and price was 1.33 by the end of dec 2006. It was in jan 2007 that prices fell to 1.29 levels. If the above pattern ...

EURUSD

Patience..booking profits eventually will come in gold. E/U will also come lower. I hope you have enough funds in the account to ride this bullishness.

EURUSD

Quite right..i feel new range now is 1.49-1.51. The secret of forex game is to get right entry..not necessary catching the top or bottom but enjoying the meat in between.

EURUSD

Another short added at 1.50650 for 30 pips profit.

EURUSD

The mistake i did was to take a short position on a 15 m chart and it was normally a retracement..i usually take position on 1 H chart. 1 H charts are up, so i would have shorted at right price based on 1 H charts.

EURUSD

Heading to 1.51 as per Xaron (great trader really) prediction.

EURUSD

Is E/U cooling off, finally?

EURUSD

Good Start

Trade under supervision !!

EUR/USD extends rally; ACB sales noted Written by Gerry Davies November 25, 2009 at 08:18 GMT EUR/USD has extended its rally as far as 1.5027, presently at 1.5020. Sources note decent ACB selling, but so far it’s done little to arrest the advance. ...

EURUSD

My theory is traders who have built long positions will book profits at these levels. This theory is consistent in all financial instruments- at higher levels, booking profits sets in. Lets see when and by how much it falls.

EURUSD

Thanks for useful information. Once i understood booking profits concept, it has improved my trading since after every fall/rise, there is an opposite movement. Apart from commerical currency transaction between banks, I thought Traders at hedge ...

EURUSD

It will fall quite hard- 100 pips fall when ever it falls- Massive profit booking on long positions. I expect US traders will liquidate their long positions tonight before holiday.

EURUSD

We will see 1.51 if 1.560 gets cleared..isnt it?

EURUSD

Yes buddy. Bit of pain before profit booking sets in. Due to holidays ahead, traders will book profits on their long positions. I am also short.

EURUSD

Shorted at 1.49926...small position. Very risky to take any position at this point as it can go either side.

EURUSD

Great Explanation

EURUSD

Amazing

100 to 1000$ in a day regularly Target

Brave thread

100 to 1000$ in a day regularly Target