The EURO

Quote from agin1415:

Now on the demo, I did that, of course, I think it was 2 lots of something, ten grand the next morning,lol.

Now if I had an account with mid 5 figures and its mostly all WON MONEY, then I could do that.

I'm figure I need about a half year for that.

"Hey, honey, I did good today (no figures to the wife please), lets go out to dinner, no, darn it lets just take the weekend off and go to the keys"
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You are afraid of losing your money, but when you don't risk money, you can't make money. Try setting your stoploss to the monetary loss you are willing to take on that position. Accept that there is a (real) possibility of losing that amount. If you truly accept this, you can walk away, as you can not lose more than your set amount.
 
I am having mixed thoughts. I think I will wait to see what the ECB and Trade Data post today. In general, I agree with you, but I am seeing a possible move up first and then down.


I have the USDJPY passing thru a key support level and it is not bouncing yet either.




Quote from LouDogg:

Selling at 1.2148. I think now we will see that big drop.
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Quote from eternalfuture:

Apparently, Ivanovich is in the minority.
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That's how I make my money, ET!

Quote from Ivanovich:

Maybe, but I went short again at 1.21.
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Closed at 1.2025. 75 pips.

Patience is a virtue.
 
I know it looks gloom and doom, but I need to see a clear breakdown of this current level to sway my long decision. I made two very poor entries today. I know it sounds crazy, but I am looking for a close at the end of today somewhere up around 1.2063. Anywhere up in this area and I remain bullish.

I will be quick to get out if the bottom falls out.

Good Luck

DRT
 
Cheers. Check the spread widening going on and you'll notice the thought on rates is beginning to change slightly - turning the tide back into the US's favor. For now.

Edit - the spread on Treasuries to Bunds.
 
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