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Rag2RichesFX replied Dec 3, 2015whoever called 0898, that was perfect. i closed at 0904 for +66
EURUSD
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Rag2RichesFX replied Dec 3, 2015am also short from 0970 but taking profit 0910, not going to be greedy, under 0895 will consider short for 0800 but buy dip seems more likely scenario, leading to double top 0980 if 0800 is to be seen edit: nevermind, didn't check market, i see we ...
EURUSD
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Rag2RichesFX replied Dec 3, 2015Learning to trade is harder than learning to be a brain surgeon. Why? Because traders have to teach themselves, whereas there is formal training for brain surgeons. It would be great if there was a university tailored for learning to be a trader, ...
EURUSD
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Rag2RichesFX replied Dec 3, 2015Not to mention whether the FED lifts off or not is irrelevant, the USD will weaken. The liftoff won't be substantial enough to encourage further buyers into the dollar at these levels. Value > Swap rates (the differential is too small to mean ...
EURUSD
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Rag2RichesFX replied Dec 3, 2015No I stopped seeing it as get rich quick, now I see it as get rich slow. It's a valid method, if you have the "balls" to use it. But 100% gain per year is very much achievable with risks of 1% or less, and is all you need to make the riches.
EURUSD
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Rag2RichesFX replied Dec 3, 2015I know he's good at trading out of positions but if he tried to LONG the EU during its 3500 pip decline, he's done for. So, what if EU goes up to 1.25 without any major corrections? HSBC thinks it will. I think it could go 1.25 as well. Not in 2016 ...
EURUSD
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Rag2RichesFX replied Dec 3, 2015Had 75xx bias for a while now, but I had a feeling EU could deliver more pips, so I wasn't in any AU longs. I only keep risk into one trade at a time, (the trade that has the most potential)
EURUSD
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Rag2RichesFX replied Dec 3, 2015Should be a lesson, never to trade a pegged currency, and never to over leverage. Fortunately I was not in any CHF trades (and never will be)
EURUSD
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Rag2RichesFX replied Dec 3, 2015I was the first one to say, I expected this trade to take 4-8 weeks. The fact that it reached 80% of target in 1 day is just a bonus. No it doesn't become technically moot, imo. Time doesn't really matter to me, only price Gambling by definition ...
EURUSD
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Rag2RichesFX replied Dec 3, 2015taking a stab at short, would like to see 1.09 now I am thinking though, we can see 1.1450 again I was thinking only 1.1086 until saw the strength of this move, it is indicative of something much bigger Largest 1 day rally in EU since 2009
EURUSD
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Rag2RichesFX replied Dec 3, 2015technical? extremely crowded trade with no correction. 3 weeks of accum/distrib in a tight range (typically preludes a reversal) fundamental? market wanted probably closer to 50 BP cut, not 10. and an increase in the size of QE, not just the length. ...
EURUSD
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Rag2RichesFX replied Dec 3, 2015If he keeps adding and it goes to 1.15, he will lose 25+% of his account. Will be interesting to see, whatever happens.
EURUSD
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Rag2RichesFX replied Dec 3, 2015This guy is in trouble again... I hope he doesn't try to trade his way out of this one. He should just take the loss already. This is what happens when your mindset is "sell EURO no matter what" url
EURUSD
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Rag2RichesFX replied Dec 3, 20151.0518 and violent spike confirmed posted Nov. 25th.... I didn't say it was likely, but I said it was possible. most money I've ever made in a 24 hour period by far. not going to get greedy, taking half off here @0931 and tightening stops, will buy ...
EURUSD
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Rag2RichesFX replied Dec 1, 2015That is my short target, small pips As for the longs, i've been expecting a 75xx since October. It's just taking a while. If the chance presents itself I will long and let it run, of course with no break on 7380 it could go 65xx (which would be a no ...
EURUSD
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Rag2RichesFX replied Dec 1, 2015is AU ready to breakout now, or will we get to buy at an extreme bargain? Kind of hoping it does drop once more, I don't like buying breakouts (possible to be faked out), I like catching falling knife (typically high probability of bounce, I find it ...
EURUSD
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Rag2RichesFX replied Dec 1, 2015I put odds of that to less than 0.1%. It has happened before though... but that was after a 3500 pip move with no major corrections I am expecting it to take at least a month, and probably longer to reach 1.10
EURUSD