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Posts by "tanvir ansari"
30 Posts Total by "tanvir ansari":
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Posts by Anonymous "tanvir ansari":
again, not an analysis, but day dream.
Yes, you are correct. And I have seen that I have always made money when I play with 10:1 margin, but somehow this profit making happens for 2-3 weeks and then I start feeling for more and more and the greed grows for more thinking that aah, I missed on big opportunity had I taken more margin, and hence I do take it , and the big retracement 0f 300 pips happens right then and there I go, I lose all the hard work done for past 2-3 weeks to earn profit, I also lose the time where I do not sleep and just keep watching these numbers needlessly, I also lose the good time that I could have devoted to my family because I am fixated so much on FX.
Not yet liquidated, but was close to it. I pumped in more money to increase the account so as not getting liquidated. Thanks for concern. Just 2 days ago I was in big profits and I did not take it and it just reversed badly.
Thanks for letting me know. I do not know what to do to my mindset, I have always burnt myself when I do this, I make money most of the month and then one single day I just get into greed and do this overleveraging to just cash on big, and that is when the trade reverses and takes all my gains and then I have to put in money to save my account. I have seen that my trades have been 95% correct and made money, but the 5% has taken all my losses, because when I lose big, I really lose big.
Also, I have tried closing out earlier and still I have lost, I have tried hedging, still I lost. There is a pattern in for me, it has been repeating for years now. Cant learn, I panic and do mistakes, head is not calm.
My gut feeling says, tonight it hits 1.3750 again or even 1.3810 and by end of Friday morning London time EURUSD will hit 1.3450 and shoot to 1.38 by Monday again and will move to 1.40 next week before the bigger downtrend to 1.30.
EURJPY to hit 121.70 tonite and then back to 118.60 before bouncing to 123.00 next week before bigger downtrend to 112 in few weeks.
This is my nightly dream and not any analysis. My trades are actually big time struck and I am putting money to save my account getting liquidated, hopefully it will.
Is it not that the trend is broken for USD with DOW going up USD went up, DOW going down USD use to go up on risk aversion. Now both ways USD is going down. Also YEN is still strong when EUR/GBP/CAD is going up against USD, so it clearly means that the Greece news is negative to USD only. And also 1.3460, EUR tested 3 times and was unable to breach, hence reversal to go up back again to 1.40?
Ashraf has been spot on, he is an excellent analyst. He can not be right all the time, the probability of his analysis and him being right is higher than any one in the forex trade I have seen.
Thanks,
Tanvir
EURUSD is not hitting 1.3460, its bouncing to 1.3560, does it mean EURUSD trend has changed and again it will go up since Greek crisis seems to be resolved partially and also DOW is gaining fresh and is going to 11000?
Whats the near term prospect for GBPUSD , EURUSD & USDJPY?
I mean what will be band for them? 1.34 - 1.38 for EURUSD and 1.54 - 1.57 for GBPUSD & 89-92 for USDJPY?
Thanks,
Tanvir