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- KumoDragon replied Aug 15, 2012
For me, it's me who makes me lose money or put on trades that I see as sub par in hindsight. (Don't ever blame the market, it is all your fault.) Everytime I get a string of winners I start getting a bit cocky/ impressed by my own winning streak, ...
EURUSD
- KumoDragon replied Aug 15, 2012
Stop entering short after price goes down, and entries like that won't happen. You basically chased price and jumped on the boat to late and then a wave washed you back to shore. Should be waiting for a spike up to some resistance to short, better ...
EURUSD
- KumoDragon replied Aug 15, 2012
Why should a kid go into debt for outlandish sums the schools are charging only to come out and probably not even get a job for their degree? Damn I could have started when I was in my twenties. would have given me plenty of trading experience ...
EURUSD
- KumoDragon replied Aug 14, 2012
Curious, how do you, "see a big as order." ??? I've only ever traded with two brokers, Oanda and IBFX.
EURUSD
- KumoDragon replied Aug 14, 2012
Na, not months. Big money will want to hunt stops one way or another, then everything will cascade.
EURUSD
- KumoDragon replied Aug 14, 2012
I'm looking for consistent shorts over and over again from set ups. Not just taking one trade and hoping. So, ya I might not be in if a dramatic drop happens. I lock in profit for each trade as it comes and hope it continues. I get stopped out, or ...
EURUSD
- KumoDragon replied Aug 14, 2012
In my view the D1 is bearish. Price has bounced twice off of a long trend line on 1H, 4H. The D1 bearish trend and the 1H/4H will be coming into confluence around 1.22595. Which is around where the 1H long trend comes into confluence with the D1 ...
EURUSD
- KumoDragon replied Aug 14, 2012
been there done that ;- and it just destroyed my account . i dont know how you trade , but why didnt you let it go when it broke the daily pivot.[/quote] My risk isn't so high that 200 pips would, "wreck," my account. I never put on a trade before ...
EURUSD
- KumoDragon replied Aug 14, 2012
Ya most of the time it's like watching paint dry. Action always happens while I'm away from screen. Which is why I just set alerts for the prices I'm paying attention to.
EURUSD
- KumoDragon replied Aug 14, 2012
1.2317 & 1.2300 are the next prices to watch. If it breaks and closes past those (I'm looking at 15M charts for pa), then it will likely revisit 1.22595. And if it breaks past 1.22595 it could really pick up some momentum as stop losses are tripped. ...
EURUSD
- KumoDragon replied Aug 14, 2012
It's not unusual, in fact it usually happens, that you get several tests of important S&R before it breaks.
EURUSD
- KumoDragon replied Aug 14, 2012
That's good advice, often times the best thing you can do is just walk away from the screens and come back when you see a stronger set up. .......My short would be in better shape if I had done that sunday, and waited to sell higher.
EURUSD
- KumoDragon replied Aug 14, 2012
Looks like the last 15M long candle might just have been a retracement fake out.
EURUSD
- KumoDragon replied Aug 14, 2012
Around 1.2040 if it can break the the bull trendline on 4H. I started with a 200 pip stop though, so I'm not worried about it.
EURUSD
- KumoDragon replied Aug 14, 2012
Looks like my short from sunday at 1.2286 might be coming back to me today or tommorow

EURUSD
- KumoDragon replied Aug 13, 2012
We already went up. A head and shoulders pattern doesn't autmatically make price jump a few hundred pips and or create a long term reversal. But, it's looking like either way can happen now.
EURUSD
- KumoDragon replied Aug 13, 2012
That's not a flag. For it to be a flag the pole would have to be made up of 1 long hourly candle. And even if you counted the top long candle as the pole, the consolidation making up the flag already past below it. Were just in a tight ...
EURUSD