No we are not. Its a constant struggle to keep the greed away so money management is of upmost important.

EURUSD

I remember it was back a year plus ago. I opened my first live account with Oanda with a deposit of AUD$10000. I actually have a plan that I want to take. Then AUD was going strong with a high interest rate. I figure if I open an account with AUD, I ...

EURUSD

I have no doubt you can take money from this market at will. Most people here can so thats not really the problem. The problem is you can also lose that money against your will at an even faster rate. And thats the issue for most people as well ...

EURUSD

You are going to blow that account, I can tell you that now. Every little movement you miss now eats into you and you feel like you need to enter every single trade to make up losses. You know that is not the way to trade but you aren't thinking ...

EURUSD

MrTrendy is right. I too feel that the problem lies more with your trading size than the systems. If you are uncomfortable with your trading size, reduce it. I know its going to be very hard to do that now since your aim is to make back your account ...

EURUSD

Argh... New Home Sales actually drop from last month... Okay bear wins!

EURUSD

Yup cash in some before the news is a good move.

EURUSD

My TP happen to be near your intended short.

EURUSD

2nd long at 1.4052 also a small 1/2 mini.

EURUSD

Has broken the uptrend on 5min chart.

EURUSD

Don't we all wish we knew... Go Euro!

EURUSD

You have to warily of one thing about the trailing stop in Oanda, and that is Oanda spread during new times. We all know Oanda increase its spread quite a bit during critical new release and that increase in spread will also affect your trailing ...

Oanda trailing stop

Okay I am in! Although it is just 1/2 a mini.

EURUSD

Never mind, hit.

EURUSD

I am queuing a half mini long at 4072. Not hit yet.

EURUSD

Commodities are shooting up because OECD just upgraded its economy outlook. Although this is really in contrast to what the World Bank announced yesterday.

EURUSD

Haha... not now. Chart and news are not moving in the same direction. Downtrend still obvious on 15mins chart.

EURUSD

Not shorting now. Might go long instead. Closed last short position at 1.4060 since the news didn't turn out to be pro-USD.

EURUSD

Alright I am closing 1/2 of the remaining lot at 1.4005. The last half remaining has its SL placed at Entry. Lets release the news!

EURUSD

We got less than an hour before the Core Durable Goods Orders data release. I will be closing a bit more rather than risk the data.

EURUSD