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Rag2RichesFX replied Oct 1, 2012This has been a break through in my trading, being patient to let price move. I sold 2908 with 3x my normal leverage, but only took it for a small scalp. I"m still currently short from 95 with normal leverage, but its frustrating, because i took ...
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Rag2RichesFX replied Oct 1, 2012i hear praying is not such a good strategy in forex but 91 did give out..
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Rag2RichesFX replied Oct 1, 2012ugh, london lunch range trade incoming... perhaps no retrace just yet..
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Rag2RichesFX replied Oct 1, 2012price chasers.... stop chasing price and wait for a tradeable pull back, will ya please??
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Rag2RichesFX replied Oct 1, 2012this move is not sustainable at all... i cant wait to short it, just need candles im not going to front run shorting again just because i know its going to pullback
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Rag2RichesFX replied Oct 1, 2012yeah im not going to lie, i ruined most of my long profit trying to short it early. oh well
as a matter of fact this smells of huge players dumping USD... at whatever price because its simply a race to get rid of it as fast as possible this is ...EURUSD
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Rag2RichesFX replied Oct 1, 2012you realize this isnt normal right? just saying
by normal i mean its not the typical day in eurusd..EURUSD
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Rag2RichesFX replied Oct 1, 2012already a 100 pip day, what did they leave for the rest of the day??
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Rag2RichesFX replied Oct 1, 2012how can the market be as simple as chasing price? whenever i try it it NEVER works. price always retraces. except for the times i dont chase it, then it goes parabolic.
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Rag2RichesFX replied Oct 1, 2012soooo painful straight up.... just makes no sense what so ever..
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Rag2RichesFX replied Oct 1, 2012just watching this 1 minute action is painful... when a move is this weak (heavy but not supported by a trend or consolidation) its almost guaranteed to leak some of its gains, at least 25%.. just so stupid.
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Rag2RichesFX replied Oct 1, 2012has been textbook overbought into a downtrend, and price chasers are nothing more than lucky it will come back to 2850 soon enough
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Rag2RichesFX replied Oct 1, 2012price surges are such a love hate relationship.... you know they have to end, you just dont know when.. this one is particularly frustrating as its countertrend and still not ending..
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Rag2RichesFX replied Oct 1, 2012Needs to go down... i just hope it doesnt do one more parabolic move before doing so.
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Rag2RichesFX replied Oct 1, 2012agree, 1.29 or 1.2920 but likely not to go straight there, so im short until the next "wave" up

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Rag2RichesFX replied Oct 1, 2012crazy parabolic move, very weak support, should retrace a little bit here eventually..
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