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EURUSD prediction
in
General
Feb 06, 2014 at 20:57
hmmm now... the previous post reappeared... weird.. probably something is wrong with my browser.. can't find out how to delete the previous post, so please excuse me for that.
EURUSD prediction
in
General
Feb 06, 2014 at 20:57
This is so strange... I have posted here around an hour ago, and suddenly my post disappeared!!!Anyway, I'm posting again...My view about EUR/USD is bearish!Although the up-move today was sharp after Draghi's comments, the pair stopped its rally at very critical level!It appears that the single currency stopped at the 61.8% fibonacci retracement of its previous downtrend and also wave 4 (magenta) could be completed here. Futhermore, the H4 RSI and Stochstics are both still bearish and the up-move stopped by a trendline (red thick) that provided a lot of resistance in the past. So, as l...
EURUSD prediction
in
General
Feb 06, 2014 at 20:53
Hello friend,The pair is at a critical level!!!Although, I cannot reject a move higher I believe that going short is still a better trade to consider...As long as 1.36290 holds, I favor the bearish view with target at 1.3415 at first and then 1.3300 and even much lower in the long run.That means that the risk/reward ratio is enormous at the current point and it's at least worth to consider it.The spike on Draghi's comments stopped around a 61.8% retracement and although the correction is deep is still below wave 1 (magenta).Take a look at this chart:http://www.mql5.com/en/charts/141618...
Managed Accounts
in
General
Mar 28, 2013 at 13:25
even if they are not simultaneous, they are consecutive... however from the graph it is evident that there was a -10.9% decrease in equity on Mar 11, '13... probably resulting from a single trade... but the actual transaction history is private, so i can't be sure...
Managed Accounts
in
General
Mar 28, 2013 at 13:25
Hello MegaGrowthInvest, you say don't risk more than 2% per trade, but how many simultaneous trades do you trade? As far as I can see the minimum drawdown between your accounts is 14.45%... meaning that if your 2% argument is true you have at least 8 simultaneous 2% risk trades...
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