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Chicky replied Mar 18, 2009Thanks for the input. You showed me the other side. Now what I do? Meanwhile, I have entered a long position and two short orders, one above and another below my long position. The short order above my long position will close my long at a profit. ...
EURUSD
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Chicky replied Mar 18, 2009Just an innocent, probably a silly question: Do you think whoever big fish bought it today, will let it retrace? IT IS FLAT, maybe because buying is still going on.

EURUSD
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Chicky replied Mar 18, 2009Why are you arguing at this moment? Didn't you see the size of the bottle? .............It is almost empty now.
EURUSD
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Chicky replied Mar 18, 2009How did you open this bottle? A capful should be enough to celebrate bigtime

EURUSD
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Chicky replied Mar 18, 2009Thanks for sharing views and posting the analysis. I have similar views. If my observation is correct, this kind of a situation results in either 1) range at the current level with its cieling near to current highest point of the move, or 2) a range ...
EURUSD
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Chicky replied Mar 18, 2009Psi, does this mean you are expecting a consolidation around 1.3500 before it decides where to head next?
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Chicky replied Mar 18, 2009After few weeks, this will look like a thing from the past. Losing money is always painful for anyone but losing it twice on a same mistake is foolish. You may like to consider how important it is to never ever go near the margin call. You may like ...
EURUSD
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Chicky replied Mar 16, 2009Excellent. Also, big time frames offer more opportunities of a better r/r, negligible spread cost, less noise, and oppotunity of entering gradually that limit drawdowns in case direction reverses too early on us.
EURUSD
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Chicky replied Mar 16, 2009I was eaten alive a few months back when Asians pushed it down from 1.3000 cilff. Eversince trying to figure out how to minimize risk if markets remain insane till I remain solvent. Finally my 11 year old son offered me a solution. Going to try this ...
EURUSD
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Chicky replied Mar 16, 2009Thanks. i appreciate your concern. I have considered that too. Willing to and in a position to pay the price.
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Chicky replied Mar 16, 2009It offers a very attractive r/r and things look more clear then they were when I average out at 1.2550 but chicken out later.
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Chicky replied Mar 16, 2009Me too without reaching the holster for last 24 hours. Intend to build long positions until it hits 1.2750. Target for average long between 1.2800/1.2850. Will book loss if it gets below 1.2700. TP between 1.3450 and 1.3500. But that is just me, ...
EURUSD
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Chicky replied Mar 15, 2009Thanks for providing some reliable data on the failure rate. This is eye opening. These were the initial days. Most retail traders I know started currency trading in early '90s, many of them from 1995. However, the successful ones had traded real ...
EURUSD