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- skozyuk replied Dec 7, 2009
I concur, this thread is filled with numerous examples of frustrated noobs posting demanding everyone to call trades for them that are 100% guaranteed. Usually their first and last post occur within seven calendar days, I guess this is how long it ...
EURUSD
- skozyuk replied Dec 7, 2009
LOL thats a funny one! I want to order a print to hang it in my office.
EURUSD
- skozyuk replied Dec 7, 2009
So you want to just sit back and have someone else make money for you? Learn, trade, expirience. If you are loosing money, stop trading real money and get a demo account until you are confident.
EURUSD
- skozyuk replied Dec 7, 2009
There is no time machine, however expirienced traders use whats known as money management. Only taking trades that risk no more than 5% of you account. You may need to look at your account size vs lot size you buy/sell and adjust your SL to ...
EURUSD
- skozyuk replied Dec 7, 2009
I belive driver is referring to traders that trade in mini 0.1 or micro 0.01 lot sizes. Depending on your MM strategy one would corelate that to an account size and thus the expirience level.
EURUSD
- skozyuk replied Dec 7, 2009
Like I have stated last Friday, EURUSD will be in 1.51xxx area with in a week. Ascent will be gradual over the next few days, most scalper bears will SL or close out at this point.
EURUSD
- skozyuk replied Dec 7, 2009
I believe we have just entered typical end of the year volatility period. So what USD moved 200pips in a day, that does not mean the long term trend line is reversed. The fundamentals such us US debt and FED printing press point to overall weaker ...
EURUSD
- skozyuk replied Dec 7, 2009
Here is an intresting article... "S&P 500 options to protect against declines in stocks over the next year cost 22 percent more than one-month contracts, the highest since 1999, data compiled by London-based Barclays Plc and Bloomberg show. " ...
EURUSD
- skozyuk replied Dec 7, 2009
Just a hunch, however from reading various forums and media outlets over weekend I believe uncle Ben will state that interest rates will remain unchanged for a “while”. This will likely cause bull run on gold, oil, and foreign currencies. I don’t ...
EURUSD
- skozyuk replied Dec 6, 2009
Here is a funny clip about FED NFP reports http://www.youtube.com/watch?v=Ulu3SCAmeBA Though you guys may enjoy this one
EURUSD
- skozyuk replied Dec 4, 2009
FED job statistics are complete BS. They don't count people that are still unemployed and their unemployment benefits have expired. Basically they call them “discouraged workers” and don't count them. Guess what, bulk of layoffs that occurred in ...
EURUSD
- skozyuk replied Dec 4, 2009
I'm holding 3 longs over the wekend, although smaller than usual weekly position I take. If I'm correct this will be a major retrace as big banks will unload USD come Moday/Tuesday. We may gap 40+ pip to downside on Sunday so set your SL wide and ...
EURUSD
- skozyuk replied Dec 4, 2009
I have been picking up small long postitions at every stop along the way. If im right this time next week I'm going to Vegas with the profits cause it sure feels like a gamble now.
EURUSD
- skozyuk replied Dec 4, 2009
We will be in 1.51xx area within a week, retracement is inevitable due to high volatility. My money is on long positions I picked up today. I appreciate opinions regardless of the bias, in the end it’s all about the money.
EURUSD
- skozyuk replied Dec 4, 2009
No I don't make full time living off the markets. However I have been trading real money for several years and experience the full circle of psychological pressures that real money trading involves. One thing I learned is I have often been my own ...
EURUSD
- skozyuk replied Dec 4, 2009
Hey guys, this thread has perfect examples of basic human psychology of greed vs. fear. Look on your charts for dates in the past several years when major rallies have occurred and read the posts from those days. You will notice a clear pattern and ...
EURUSD
- skozyuk replied Dec 4, 2009
I used to day trade, however I discovered it to be too stressful. Since March I have been holding positions for 5 to 7 days on average and trading with the long term trends. Obviously you need to adjust your MM to tolerate draw downs on news days ...
EURUSD
- skozyuk replied Dec 4, 2009
I’m picking up small long positions at 1.49 level, SL typically at monthly low 1.47xxx. To me this is long opportunity for next week, I guess we will see. Truth is, when most traders are going one way on this thread you have to be ready trade ...
EURUSD
- skozyuk replied Dec 4, 2009
Big day today guys, you gotta love the excitement of massive pip moves in 15 minutes. I have been waiting since November 2nd to fill on long term monthly long positions, this is it.
EURUSD
- skozyuk replied Dec 4, 2009
I picked up long positions, by Wednesday next week EURUSD will be 1.51xx againg. Long term daily trend remains, we will see a retrace back in to 1.51xx area with in a week.
EURUSD