pending order cancelled.. new sell stop placed at 1.2558... void if price breaks 1.2600 TP still the same

EurAnalysis

exactly.... next stop for gas is the 1.0455.... it was a good setup for a high probability long

EurAnalysis

Since we didnt hit the 2570-90 area yet.. I am setting a sell stop order at 2511... SL 2592 TP 2219... GU trade still valid as is the UCAD still holding all open positions from earlier this week

EurAnalysis

Plan for today If the sell continues like it did today we will soar through the 1.2460 and crash into the 1.2300 very quickly. Correlating markets to watch are certainly the DOW, Oil, Gold and the 2/10 year yields as well as the euro markets when ...

EurAnalysis

Right... Trend is firmly down on every TF from 15 min to the monthly...strong FA should keep us going as the market stays risk off and prices in Spain's issues and the upcoming 50bps cut draghi will no doubt do. As usual bond markets continue to ...

EurAnalysis

You run a good thread my friend. There are a few on here who are just mean spirited and unhelpful people. I have certainly had my run ins in the past and avoid them at all costs now. Just not worth it.

EurAnalysis

Gotta get through the 2460-2502 cluster first Pretty important area historically... Gateway to the 1.2219-1.2250 area(my near term target)

EurAnalysis

All green today here bother Unfortunalty all unrealiZed since I can't close yet due to FIFO and I think we have further to go..

EurAnalysis

GU and UCAD lookin like a hold as risk off sentiment is holding... Will look to add on any confirmed retests of S/R with proper PA and momentum since the FA is already set for more broad USD strength And oil has broken very strong support.

EurAnalysis

No problem my friend Remember guys, if trading is NOT for you... countless millions have had amazing success in life doing other things. Find your calling and enjoy your life Good luck everyone

At What Point Do You Give Up On Forex

update: morning guys got stopped out of my Eu by a few pips before the drop wwhile i was sleeping Ucad looking good held the GU through the pullback with about a 50 pip SL... keeping a close eye on it now as it bounced a bit at the 5650 once again

EurAnalysis

good trade brother...

EurAnalysis

All else being equal... this is enough for me to take the trade... cuz its so true

EurAnalysis

time to short? lol

EurAnalysis

hey guys... just sat down to see what transpired earlier today. Read the Fed transcript.. Translation: ben passed on doing more in an election year to Euro nation who has limited options and bigger mess to deal with under current conditions. the ECB ...

EurAnalysis

Guys Im really not trying to discourage anyone. I am mearly injecting a dose of realism into a trade where unrealistic expectations run paramount. I hear stories all the time of people saying how they are the types "who never give up", or who " will ...

At What Point Do You Give Up On Forex

Good post my friend. There is risk in life no matter what we do. That is unavoidable. The difference between learning to trade the forex and all those professions you mentioned is vast however. Case in point a very small majority of people have what ...

At What Point Do You Give Up On Forex

The hard truth is this: If people actually took an honest appraisal of themselves they would never even start trading forex. Most people arnt smart enough Most people arnt disciplined enough Most people don't have the time to dedicate to learning it ...

At What Point Do You Give Up On Forex

hey my friends after reviewing the markets Ive decided today is not a good day to trade... gotta wait for the markets to settle... So Im goin to bed early...lol

EurAnalysis

I recently quit trading daily and shut down my primary account. The reason was primarily was that I hated what it was doing to my Life. The hours are terrible for day trading where I live. I love trading. I still post a bit in the euranalysis thread ...

At What Point Do You Give Up On Forex