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- Jhig replied Mar 10, 2009
I went out for lunch and missed all the action. 100 pips missed, will have to watch and catch the next run.

EURUSD
- Jhig replied Mar 10, 2009
Very tight range. Wait for P/A to break that range before you place an entry.
EURUSD
- Jhig replied Mar 10, 2009
The huge jump in E/U was caused by what Bernanke had to say earlier. As a trader, one of the rules you'll need to learn is to, Limit Your Losses. If your account equity can't take a 30 pips loss, you are betting to high (or the farm). What's best ...
EURUSD
- Jhig replied Mar 10, 2009
I should of held that Long position earlier. My profit target was 1.2800, which is about to be hit.
EURUSD
- Jhig replied Mar 10, 2009
Bad news must be flying out of Fed Chairman Bernanke's mouth. E/U just jumped 50 pips in a few seconds.
EURUSD
- Jhig replied Mar 10, 2009
Long position is closed, locked in 100 pip profit. Uptrend momentum is shot and isn't going anywhere. I'm out until after Bernanke speak today.
EURUSD
- Jhig replied Mar 10, 2009
That short I though was a retracement ... but now, I don't know. Could the trend be changing? I think I will close out my Long position now!
EURUSD
- Jhig replied Mar 10, 2009
This always happens an hour or so before the US market opens. Price begins to range or competely stops. My post (above) was almost any hour ago and viewing the P/A on that chart compaired to now, P/A hasn't moved all but 1-2 pips since then. I've ...
EURUSD
- Jhig replied Mar 10, 2009
LOL
Dollar_Euro should place that bit of news in the "News" section of FF. Share it with the community ... not just this thread.EURUSD
- Jhig replied Mar 10, 2009
I've blown 4 Micro (up to $1,000) before realizing I needed to learn the game before betting any more. I sat out of fx for 7 months and demo traded various strategies before going live again. When I did go live, my confidence level was on an all ...
EURUSD
- Jhig replied Mar 10, 2009
I wouldn't be surprised if Fed Chairman Bernanke flips-the-script, making E/U continue its downtrend momenttum. I sort of figured, today would be a repeat of yesterday's P/A but in the opposit direction. Yesterday, I roadout a 140 pips profit in the ...
EURUSD
- Jhig replied Mar 6, 2009
Sun, You should checkout the Daily Show with John Stewart on Hulu. Basically bashing CNBC the so called "professionals" url Pretty funny stuff ...
EURUSD
- Jhig replied Mar 6, 2009
True ... i've got my scalping hat on today. Just trying to pick'em off as I see 'em

EURUSD
- Jhig replied Mar 6, 2009
Current up move looks to be running out of steam ... momentum is short. i placed a SELL STOP below 1.2686, looking to ride the price down 50 or so pips. Just closed out my LONG, for a profit.
EURUSD
- Jhig replied Mar 5, 2009
P/A is in favor of the USD at the moment. Tight stops and Sell orders would be best for a trader (unless you are a Counter-Trend trader ... lots of retracements lately). BOE is looking to boost its current money supply to resuscitate the economy. I ...
EURUSD
- Jhig replied Mar 5, 2009
Theres nothing wrong with, breaking even or small gains. As long as you limit your losses, you will be very successful. I believe 10% of trading is based on luck ... the other 90% is based on losses. Limit your losses will give you a better ...
(can) small accounts make a living ?!
- Jhig replied Mar 5, 2009
url url url Trailing Stops are stop orders that automatically "adjust" the stop based on current price action.
EURUSD