Help me Please, i have a problem with Eur/Cad - Page 2
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Thread: Help me Please, i have a problem with Eur/Cad

  1. #11
    I don't think he's coming back. His Drawdown was 6000$ on 8k account when price was still at 5900 today it moved up another 300 Pips.

  2. #12
    wow! I know a lot of people are against trading with stops, but people please! If you believe that your stops have been hunted place in a worst case situation set and stop it 100 pips away from the current price action.

    I discovered the hard way trading corn with no stops - lost 6k in around 15 minutes. Never again - now I always understand my cry uncle point.

    Personally, I don't see why you would risk over 50 pips on every other trade. Should you enter near pivots, supply-demand lines and the price moves over 50 pips from you - you were incorrect! Time move on to the next trade and to take the fact.

    I wish you the very best of luck and hope you take this as a costly learning experience and continue trading.

    The game taught me the match.
    And it didn't spare me rod whilst instructing.

    -- Jessie Livermore

  3. #13
    Quote Originally Posted by ;
    wow! I know a lot of people are against trading with stops, but folks please! If you think your stops have been hunted only put in a worst case scenario stop and place it 100 pips away from the current price action.

    I learned the hard way trading corn with no stops - lost 6k in about 15 seconds. Never again - today I know my shout uncle point.

    Personally, I really don't see why you'd risk over 50 pips on any commerce. If you enter near pivots, supply-demand lines and the price moves over 50 pips from you - you were wrong! ...
    Thanks so much for encouragement, success in gambling

  4. #14
    What is your account doing?
    Failed to stop at 1.62 as it appears.

  5. #15
    Quote Originally Posted by ;
    It is not that CAD is feeble, it's the strength of USD. EUR/CAD = EUR/USD * USD/CAD and since eur/cad follows since usd/cad keeps going up and usd/cad nearer than eur/usd it compels eur/cad higher. A potential hedge could be moving long on USD/CAD, but at this stage it might be too late. You could wait for a pull that is good back in USD/CAD and proceed, but use your discretion. Very good luck.
    How do some compound currency pair follow one portion of this equation more tightly than another? It is a simple mathematical multipliion. Do you mean EUR/CAD is more responsive to fluctuations in CAD than in EUR?

  6. #16
    Quote Originally Posted by ;
    How do some compound currency pair follow one part of the equation more tightly than the other? It's a simple mathematical multipliion. Do you mean EUR/CAD is receptive to changes in CAD than in EUR?
    Http://en.wikipedia.org/wiki/Correlation
    http://www.mataf.net/en/forex/eurcad

    You are correct stating that it is a simple math equation. I think those two links will answer the question, if not, let me know and I'll be delighted to help.

  7. #17
    Now you guys have gone and done it. Did you check his profile? One of you?

    You were able to piss off a Vampire!! Look, it's right there: Romania. Good going people.

    Yea, yea, just trying to help the poor guy out of a jam. No fantastic deed goes unpunished. We're all screwed.

  8. #18
    Don't believe me, need further evidence. Tune in to TNT (they know drama) and see if it ain't so:

  9. #19
    Quote Originally Posted by ;
    http://en.wikipedia.org/wiki/Correlation
    http://www.mataf.net/en/forex/eurcad

    you're correct stating it is a simple math equation. I think those 2 links will probably answer the query, otherwise, let me know and I'll be delighted to help.
    Thank you for the links. I had a crap misconception that some currency pairs are easy of currency pairs. Since these factors aren't independent, what you said makes sense to me.

  10. #20
    Quote Originally Posted by ;
    Thank You for the links. I I had a misconception that is crap which some currency pairs are artificial by-products of other currency pairs. Since these factors are not independent, what you said makes sense to me.
    I meant since these factors are independent

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