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Magicmen replied Jul 31, 2014Technically German retail news is good to fundamentaly take EU to south

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Magicmen replied Jul 30, 2014I see only 2 reasons for 2 direction Bulls will fire after July close Bears dominates until Russian embargo finalization
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Magicmen replied Jul 30, 2014Hello Newbies, Welcome to the world of confusion. 2 newbies 2 opinions.
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Magicmen replied Jul 30, 2014Last leg down. Hoping bears festive session is over. Next bulls will range then Miguel's rocket will take off
I closed my 2nd hedge @3376 for 35 pips. Very tough month though
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Magicmen replied Jul 30, 2014One more leg to go then bulls will take over. 31-Jul is politically critical day - More embargo on Russia will be announced. Not sure why they choose 31-Jul. It could be 30-Jul or 1-Aug.
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Magicmen replied Jul 29, 2014Its otherway round. Russians bought and mantained above 37xx for a while. Now they are selling it. Mr. Dragi got to stop it

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Magicmen replied Jul 29, 2014Preparing for another range - 3397 to 3461. Edit: Waiting for CBCC news.
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Magicmen replied Jul 29, 2014I hear you. 3557 is long way to go. Here goes my progress (fancy) report 1.34178 1.34377 1.34577 1.34976 1.35575
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Magicmen replied Jul 29, 2014I expect 3397 before end of this month. Not sure 3557 comes first or 3397

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Magicmen replied Jul 25, 2014Final arrangement Pending long at 3399 Set SL=3380 on all open longs (including @3429) - Calculated based on hedged profit. If SL hit, no profit no gain this week. Expecting EU to close above @3450 Have a great weekend. I got long weekend (Including ...
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Magicmen replied Jul 25, 2014Exactly. UJ is untouched. Thats the reason, I still hold EU long. And any one given point, I got to exit hedging. So I prefer to exit at LON close - Assuming NY will not move below today's low. I cannot count my hedged profit until EU hit 3481.
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Magicmen replied Jul 25, 2014Yes sir. Initial @3522 (No SL) Latest @3529 (SL=3526) Edit: Now my avg 3481
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Magicmen replied Jul 25, 2014Very true - Money management is critical in forex. Closed hedging. If required will open @3461.
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