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    Thread: $1k Trading Journal Challenge - Depending on Self Control

    1. #771
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      Quote Originally Posted by adewale View Post
      If you have ever been faced with a dire situation where you need money urgently and there is no other means of getting it but from your forex account, then you will understand why people take certain unreasonable risks sometimes, let's just know that some traders have needs that their small account cannot take care of easily hence the need to trade dangerously.
      I have been there mate, but one should also understand that if the account is blown in the process of trying to trade big lot because of a financial need, then it will make matters worse, or don't you think so, moderation is the key in everything in life.

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      adewale (10-18-2017)

    3. #772
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      Quote Originally Posted by simisola View Post
      I have been there mate, but one should also understand that if the account is blown in the process of trying to trade big lot because of a financial need, then it will make matters worse, or don't you think so, moderation is the key in everything in life.
      Your point is understood, everybody have their unique challenges, forex is a free business that we can enter and leave whenever we want, how each person trades is entirely up to him, yeah I agree that moderation is the key in everything we do in life.
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    5. #773
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      I am watching the USDCAD pair for some days and now i think that the pair is showing its original strength again and maintaining its longterm uptrend .

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      Quote Originally Posted by Kalex View Post
      I am watching the USDCAD pair for some days and now i think that the pair is showing its original strength again and maintaining its longterm uptrend .
      Yup, the negative news on the CAD today pushed the pair more than 120 pips ahead to its longterm path but i think USDCAD is expecting not less than 400 points downwards. But that's just my opinion and it depends on how NEWS and the USA politics play out, because with Trump in power you never really know what will happen to the USD. Madness. xD

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    10. #775
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      Actually in the daily timeframe ,the pair USDCAD stopped in a very strong level of 1.2625 which indicates that the pair is giving a breakout again because the last bearish pinbar was at the 1.2590 .It will be interesting to see whether the breakout is fake or real.

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