bottomed out today at 1.2557...if it doesnt break that by the end of the week, i believe that will be the bottom for some time to come
I'm holding a short trade in EUR/USD - one position open @ 1.2301 and another position at 1.2532. Average price 1.2416. Looks like I'm stuck in the middle of the grimy forex up to my waist-deep in the muck. I'm also long @ 1.2973 (408-pts in the hole) waiting for an additional 92+ pip fall. Can you remind me again... why would I pay you? dRaWdOwN
I don't know. I just assumed since you believe that when I lose a trade, it goes to you - that when I win a trade and you lose, it goes to me. Stupid reasoning, I know. But that's what you continue to post. Similar stupidity to going both short and long on a pair or doing something like not using stops....whoops, my bad! You do that too!
I noticed that too, it seems this kid hasn't fully grasped how the wholesale and retail fx markets work regardless of the literature available to him. You can only pity someone like him
Can you guys explain to me why you think it bottomed today? I see a broken bearish flag on the daily chart and going towards a 50-62% retracement area...