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- ForexNarco replied Feb 18, 2013
Hoping for a huge pullback here.
- ForexNarco replied Feb 18, 2013
Of course it would be insane to say "I KNEW THAT SPIKE WOULD OF HAPPENED" Considering we have been in a sideways formation for almost 3 hours.
- ForexNarco replied Feb 18, 2013
Ok, so how do you counter the fact that reveals against the trends typically last a shorter amount of time, but give you a much higher pip return? If you simply enter the same lot size. Then yes you would end up making more money, as you would be ...
- ForexNarco replied Feb 18, 2013
Almost 40 points in 2 mins after pending buy was hit!
- ForexNarco replied Feb 18, 2013
See that Maxdoom. Thats expecting the price action. Now your riding the huge wave up.
- ForexNarco replied Feb 18, 2013
Typically eur/usd increases when US MARKET is closed.
- ForexNarco replied Feb 18, 2013
125.439 is pending buy for eur/jpy SL 10
- ForexNarco replied Feb 18, 2013
Hello MaxDoom. Well using this link as an example. url (Which was posted by a fellow trader here several hours ago) If I'm playing a specific price for my entry. Whether it be a re-break of the last high/low. Say a new low is created. In which the ...
- ForexNarco replied Feb 18, 2013
Since entering that .7 lot size order. EUR/JPY has increased +12 pips, and the actual entry has yet to been re-touched.
- ForexNarco replied Feb 18, 2013
Depending on market conditions I most certainly agree. Yet, it is much better then moving your pre-set stop loss as I've noticed you do on losing positions.
- ForexNarco replied Feb 18, 2013
.2 isn't much risk at all. .7 is a higher lot size, but a higher lot size doesn't equate to having a higher risk. Well in my eyes it doesn't. Ones entry, and decision as to why he should take it is the underlining risk factor. Had I not closed that ...
- ForexNarco replied Feb 18, 2013
Why would you say my account is aiming towards zero?
- ForexNarco replied Feb 18, 2013
Here are the 3 positions for the day. As a scalper, it is very important to identify when your position is going against you. You should always close the position for a loss, and never move the stop loss higher. Unless you will counter that position ...
- ForexNarco replied Feb 18, 2013
I'm aiming for about 10-15 dollars profit per position. While hoping for one of those big yen breakouts.
- ForexNarco replied Feb 18, 2013
I can see why your scalping. The reality is the price action for the move down. Has been much stronger compared to the price action of the move up. Although we seen that massive increase in price on friday. That has been the only sharp move up we've ...
- ForexNarco replied Feb 18, 2013
Trailed out. Yet, was able to go with the turn of the price action. I'll now wait for some sort of breakout from the high or low.
- ForexNarco replied Feb 18, 2013
Lost on position number two. Opened now a buy. Should I lose on this position. I will call it a day.
- ForexNarco replied Feb 18, 2013
Second short position. A break of 125.10 would be a very nice push.
- ForexNarco replied Feb 18, 2013
Perfect entry on the short.
- ForexNarco replied Feb 18, 2013
Market is turning into a big fat sell right now. How many people have gone short the last 10 mins?