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mfoste1 replied Mar 13, 2010exactly,this is what big money does....they wait till everyone and their brother is short then run the opposite way lol its how they make money. so if there is a winner for every loser in the market, then why would everyone trade the same way and ...
EURUSD
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mfoste1 replied Mar 13, 2010its not based on greece.... downtrend started well before that, greece bs just added fuel to the fire....nothing moves in a straight line
EURUSD
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mfoste1 replied Mar 13, 2010very probable, i was saying this a while ago....it almost looks as if market was pricing this in hence rounded bottom. It was on every news feed, "speculators buildup massive bets against the euro"........please. If that were true when they were ...
EURUSD
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mfoste1 replied Mar 12, 2010it looks as if risk is coming back for a very short time now....just look at usdx and dow, yet again i dunno, commodities look like they are ready for a nice bear run....from a tech standpoint eu just broke out of major downtrend with that rounded ...
The College Trader
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mfoste1 replied Mar 12, 2010really to be honest, it doesnt matter what you major in, or ur gpa or what school you went to, or what youve done....all that matters is that you have a contact, THATS LITERALLY THE BOTTOM LINE
The College Trader
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mfoste1 replied Mar 11, 2010hey guys sorry ive been absent this past week....ive had midterms, ill be back tonight with all my charts for everyone....on sunday i set orders and most of them got triggered so Ive let profits run with wide stops, decent profit now....Im currently ...
The College Trader
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mfoste1 replied Mar 6, 2010thats precisely what ill be doing next week starting sunday evening....i closed out all my eu shorts from 3729 and uj longs from 89, had 2 lot buy order at 35 that never got triggered, went short uj at 90.50
EURUSD
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mfoste1 replied Mar 6, 2010no, id be waiting to sell at these levels for a long term trade If you look at a daily chart from the GFC, this smaller crisis has followed almost the exact same pattern, one big selloff, only one small retrace, then one massive push down, seller ...
EURUSD
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mfoste1 replied Mar 6, 2010my advice is this....non ecn brokers outside of the US will most likely screw you over if ur making them lose money. FXCM is reputable. I asked them about this, they said that as long as you are trading, they are making money from the spread. Ive ...
The College Trader
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mfoste1 replied Mar 6, 2010really the only thing that i like about micro account is that lot sizes are very flexible. I also trade with fxcm standard account so i know if a price spike is bullshit or not. I really havent had any problems to speak of.
The College Trader
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mfoste1 replied Mar 6, 2010when im scalping my stops are usually < 30 pips, for longer trades my stops are around 100 pips....tight stops will kill your account, im only speaking from experience
The College Trader
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mfoste1 replied Mar 5, 2010lol that doesnt sound too good....im just speaking of knowledge, i worked at sbux in hs
EURUSD
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mfoste1 replied Mar 5, 2010false....coffee is better for you green tea(although im drinking green tea right now lol)
EURUSD
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mfoste1 replied Mar 5, 2010took 1/2 profit of eu, holding all uj longs looking for 1.3500 , 91.87
The College Trader
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mfoste1 replied Mar 5, 2010im long under 88.75......uj gotta long way to go before meaningful shorts ill be adding to my positions 89.71
EURUSD
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mfoste1 replied Mar 5, 2010Still holding shorts from 1.3725....US markets havent even opened yet
EURUSD
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mfoste1 replied Mar 4, 2010ok so my trading computer just took a shit earlier so i literally lost all my charts and everything else for that matter....
super pissed right now.....ne ways here are my current positions. just look at my previous posts about jpy and my euro ...The College Trader