How to trade the EUR now

Discussion in 'Forex' started by irniger, Mar 17, 2013.

  1. limit. 1.3045. I think its going to stick in this range for a couple of hours until Europe wakes up. I don't have a stop.

    Basically, I have set a loss limit of $200 for every 10,000 (mini lot).
     
    #31     Mar 24, 2013
  2. good luck, thanks for the conversation
     
    #32     Mar 24, 2013
  3. How was that for a perfect call. Not only did it hit the 1.3045 where I exited my long, but it also went back to the center of the long candle ( 5 minute chart) when Europe woke up.

    :D :D

    Anyhow, enough bragging. Better get my ego under control or I WILL start losing money
     
    #33     Mar 25, 2013
  4. got off lucky on that one. eur.usd is no longer my largest loser, so that allowed me to cancel my buy limit on my short position at 2980 to breakeven on my last sale.

    Now it is my largest winner

    well, you asked "how to trade" that's how I do it. I'm constantly cancelling and replacing limit orders. Rule #1 is never add to the largest loser, and if it is the largest position try to trim it back down at breakeven.
     
    #34     Mar 25, 2013
  5. Good for you. I, on the other hand, am getting clobbered by that last down leg. I am long from 1.29962.
     
    #35     Mar 25, 2013
  6. I have a limit in to sell some more at 2961. If my portfolio target gets hit, I will start trading it again from the long side. But a lot can happen between now and then.
     
    #36     Mar 25, 2013
  7. ht my target, now I'm flat

    sometime after midnight I will get
    aud.usd short
    eur.usd. long
    gbp.usd short
    usd.cad short

    when I get flat, I get high

    and that is how I trade EUR

    thanks for asking

    (gonna go play some music with some friends tonight)
     
    #37     Mar 25, 2013
  8. Oldtime, what the heck did you do to my nice Euro? That was really mean of you!!! :D :D
     
    #38     Mar 25, 2013
  9. it's at 2850

    did you get filled yet?
     
    #39     Mar 25, 2013
  10. What kind of a dim wit are you??:confused:

    I said I WOULD buy at 12990 mark!Do you know why's trading is?What is a trading idea now could be a complete garbage 5 min later.Are you stupid fkn momo,or wtf the matter with you!!!
     
    #40     Mar 25, 2013