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[ashokshetty]

cool, GBPUSD up more than 100 pips.

But I think it will be down soon

[primarylogic]

Originally Posted by ashokshetty

cool, GBPUSD up more than 100 pips.

But I think it will be down soon

Now G/U capped at MA200. If it cant breaks, G/U will be down...

[TaoJin88]

Originally Posted by primarylogic

Now G/U capped at MA200. If it cant breaks, G/U will be down...

too bed trading today, I lost 90 USD today in my two wrong trades!

[ptaczek]

Originally Posted by TaoJin88

too bed trading today, I lost 90 USD today in my two wrong trades!

90 US Dollars on two trades? Did it fit into your acceptable risk treshold? If yes, then it has nothing to do with good or bad trading day. Losses happen - it is just a part of trading :) You have to completely accept it. You must learn how to accept the fact that every trade you take CAN end as loser.

[ashokshetty]

Originally Posted by primarylogic

Now G/U capped at MA200. If it cant breaks, G/U will be down...

Can GBPUSD go up stickly? I sell at 1.9973 my purpose is to take 200 pips

[ashokshetty]

Originally Posted by ptaczek

90 US Dollars on two trades? Did it fit into your acceptable risk treshold? If yes, then it has nothing to do with good or bad trading day. Losses happen - it is just a part of trading :) You have to completely accept it. You must learn how to accept the fact that every trade you take CAN end as loser.

yea, loss is normally. One trader should learn how to stop loss. It is necessary to close the order in time.

[primarylogic]

What Could Trigger A Turn in EUR/USD? (Update)

During a speech at Drexel’s LeBow College of Business at 9:30 EDT, Philadelphia Fed President Charles Plosser suggested that the fed funds rate may be low enough to support expansion as he said, "on the monetary policy front, the Fed’s response to the deterioration of the economic outlook and the turmoil in financial markets has resulted in an accommodative level of real interest rates that should support the market forces that will bring economic growth back toward its long-term trend."

[Alizain]

Originally Posted by ashokshetty

Can GBPUSD go up stickly? I sell at 1.9973 my purpose is to take 200 pips

i don't know, but you must give attention for FED rates announcement on 29 or 30 april :)

[ptaczek]

Originally Posted by ashokshetty

Can GBPUSD go up stickly? I sell at 1.9973 my purpose is to take 200 pips

I don't know. If you are already in the trade, put your S/L somewhere above 2.0000 and let it run. Also move your S/L wisely to cover a potential profit.

[primarylogic]

Follow trend to trade. dont forget to set stop-loss.