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Stoped out, lets see what happens here!

A nice cute haning man is developing now on the 5-min.

OO babe had a few more tics in it, oh well the bigger they are, the harder they fall :D

Got out at 1.2984, +41 pip. Now going short.

I'm going long, looks to me like another run up.

Out at 1.2969 net P/L +$800, day P/L +$1,380. Might call it a day, unless I see a good long here.

GREAT "news"! :D

Yes, I would not normally put on a postion this big, but I have confidence in it and a tight stop. If I may ask do you have a FX account, and if you ever had one any experences/lessions you can tell me about over trading in relation to your account size? Thanks.

Yes it is using 40% of my account!! I know the rule I've read to many trading books, 1% or <. But the market has hit this level what, 10 times and sold out so I am confident. Anyway I'm a newbie and I think I'm trading the "markets money", stops in place if it rallies past 1.3. Current P/L on...

:eek: Thats alot of reading I'll get to it after I study for this accounting test in a hour :(

Yea thats what I meant 400k units, I thought SethArd thought I meant 400k LOTS! So I'm 4 lots short at 1.2900, now I got the hang of it.

For you more experienced forks, does this range of bull/bear war happen often? As in a defined resistance level, maybe not as strong as the whole number 1.3000 but similar? Like every .0100th? Just want some new insight thanks.

Not that much into futures, any advantages?

Sorry I suck at market terms, I meant 400k as in 400 lots. I have 61 % Useable margin, enough headroom for me. I live at home, already have a sports car so at the present time I'm fine :D

[b] Current market: 1.2990 I'm geussing you must of gone to college also :p

Jesus anyone else having trouble getting their limit orders filled with FXCM? I missed the high of the day because of it, and then again when it wasn't even that busy! Anyway out of my long postion at 1.2990, over traded with a 400 lot postion, but it was a nice profit. Now short 400k at 1.2990.

$$:D $$:D $$ I hope it remains in this bull/bear war between 1.2900 and 1.3

"keep it simple stupid" I can't believe I didn't grab my profit when I saw a piercing candle patten after today's low! Had to get out at b/e, now long + 10 pips, getting out around 1.2989 Off to bed, limit order in. Damn COLLEGE, whats it good for anyway !:p

LOL Thanks 100% from here!!!!!!!

How to make money trading EUR/USD: Go short around 1.3, buy longs sub 1.29.. But I don't advise this unless your as crazy as I am :D