forex trading is so hard...

This is a discussion on forex trading is so hard... within the General Trading Chat forums, part of the Reception category; still in but any lower and i am done. don't expect any lower, expect drift higher...

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Old May 14, 2018, 9:16pm   #2701
 
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piphoe started this thread still in but any lower and i am done.

don't expect any lower, expect drift higher
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Old May 15, 2018, 3:47pm   #2702
 
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piphoe started this thread what just happened?? i'm dazed & confused. Can I get any insight?

Euro downdraft purely on technical, or some underlying news i missed?



Furthermore, US indices are down, which should help push CAD DOWN, not up??\

What am I missing here????

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Last edited by piphoe; May 15, 2018 at 3:53pm.
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Old May 15, 2018, 4:16pm   #2703
 
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piphoe started this thread pls drift higher
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Old May 15, 2018, 4:29pm   #2704
 
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still in but any lower and i am done.

Quote:
Originally Posted by piphoe View Post
what just happened?? i'm dazed & confused. Can I get any insight?

What am I missing here????

You're over leveraged and you don't have an edge...
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Old May 15, 2018, 4:35pm   #2705
 
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You're over leveraged and you don't have an edge...
can't help being over leveraged with an account just over 3 figures.

why did the EURO tank like this?? can you give me a little help here brad? you don't have to reveal your secrets, just a little insight?

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Old May 15, 2018, 4:39pm   #2706
 
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piphoe started this thread i want to build a $1000 account into 10K. 10K into ...100K eventually.

i know it wouldn't happen overnight, willing to work hard and take lots of time. even yrs.

i have to take outsized risks to achieve this i think. at least to get the ball rolling at the start.
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Old May 15, 2018, 4:44pm   #2707
 
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can't help being over leveraged with an account just over 3 figures.

why did the EURO tank like this?? can you give me a little help here brad? you don't have to reveal your secrets, just a little insight?

I don't trade EU, so my 'little help' will be of little help, but from the dailies it looks like a trading range is developing after a strong sell off. The price isn't gonna barge thru a big round number, there will be trapped traders there looking for an exit...
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Old May 15, 2018, 4:46pm   #2708
 
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I don't trade EU, so my 'little help' will be of little help, but from the dailies it looks like a trading range is developing after a strong sell off. The price isn't gonna barge thru a big round number, there will be trapped traders there looking for an exit...
makes total sense they won't march this strait up now, but lots of uncertainty which leads to a trading range.
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Old May 15, 2018, 4:56pm   #2709
 
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I don't trade EU, so my 'little help' will be of little help, but from the dailies it looks like a trading range is developing after a strong sell off. The price isn't gonna barge thru a big round number, there will be trapped traders there looking for an exit...
i may just set up some simple TL's and bust this back & forth.
till it breaks out.
get back some $
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Old May 15, 2018, 5:04pm   #2710
 
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piphoe started this thread DOW is down -200+ and EURO went down with it. that's what baffles me.

i never seen that b4
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Old May 15, 2018, 5:24pm   #2711
 
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piphoe started this thread when a position goes against you in such a ball busting way...

i think i actually learned smthg from this adversity.

i'll be in study for weeks to come.

i'm a better trader right now though. i really believe that. it comes in increments for most of us.

there are prodigy out there, i'm not one of them.

that "get it" right from get go.
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Old May 15, 2018, 5:28pm   #2712
 
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piphoe started this thread broker just called of his margin call here..

keep it coming

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Old May 15, 2018, 5:32pm   #2713
 
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piphoe started this thread hard down, hard up

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Old May 15, 2018, 5:38pm   #2714
 
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piphoe started this thread EURO is in a nice bounce...

retraced almost 50% of daily

keep it coming

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Old May 15, 2018, 5:41pm   #2715
 
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piphoe started this thread i almost feel like this was a MAJOR stop run.

i mean MAJOR as in unprecedented.

US indices are DOWN HARD. Major banks know this.

i mean wtf?

like to see 2250 from here.
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