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- Pipologist99 replied Sep 8, 2010
"There are supposed "MASTER" multi-billionaire traders on here equating risk to leverage." Madness I know!
- Pipologist99 replied Sep 8, 2010
I explained that in my previous post. Now you come up with a counterpoint and illustrate your point, that's an actual civil discussion.
- Pipologist99 replied Sep 8, 2010
Pipmutt, I've read the entire thread, all 13 pages of it and I've seen you mention that you are fine trading with 10:1 leverage. So who cares? 99% of the trading community would rather have the choice with the amount of leverage they want to use ...
- Pipologist99 replied Sep 8, 2010
If I have a $10,000 account and I'd like to be conservative and risk 1% of my account on a trade, this is what I would do. Instead of putting the whole $10,000 in my broker account, I'd only put $1,000 and keep the rest in a separate bank account. ...
- Pipologist99 replied Aug 20, 2010
Also, can't post charts at the moment but NZDUSD and AUDUSD had some nice 4h pin bars. NU looks better since its a double pin bottom. Any thoughts?
- Pipologist99 replied Aug 20, 2010
Is there an EA that would take off half my position at the first FTA and move the s/l to breakeven?? Since we are trading longer time frames and can't be in front of the comp all the time, I'm thinking an EA like this would be flippin golden...
- Pipologist99 replied Aug 19, 2010
There were a few BUOB bars on the daily chart today, what say you about this usdcad, it bounced off a ppz as well as 61 fib.
- Pipologist99 replied Aug 19, 2010
Thanks Danny your posts are always helpful! So it's live and learn at this point, I'm gonna leave the trade in there until my stop gets hit (oh the joys of the demo account!). What do you think about the AUDUSD's inside bar yesterday, I agree it ...
- Pipologist99 replied Aug 19, 2010
I'm at work right now so can't post charts but I took the break of the daily pin long on GJ and now in hindsight looks like a bad call. Was there a way it could have been avoided.. AU, and NU shorts of yesterday's I4B low are still going nicely ...
- Pipologist99 replied Aug 18, 2010
Hey PB, from the picture you posted, it looks like a sweet indi, but when I apply it nothing happens, I tried changing some colors but nothing happens, please see if you can resend it. Thanks.
- Pipologist99 replied Aug 18, 2010
Also a pending sell on NZDUSD at today's pin break. price broke thru 7200, went back to test and got smacked down. Also a ppz at 7200. So seems like a go for me... Also is there an indicator that will plot horizontal lines at RNs and BRNs, I'd ...
- Pipologist99 replied Aug 18, 2010
Thats what Im doin now and s/l is above todays high.
- Pipologist99 replied Aug 18, 2010
Mike I don't quite understand what you mean by that..?
- Pipologist99 replied Aug 18, 2010
It looks like eurjpy and audusd made inside I4B bars today so I took the break with a stop loss above the last bar's high. EJ however is showing convergence in this case. Does this look like a good trade?
- Pipologist99 replied Aug 18, 2010
packhorse, I don't think that qualifies as a pinbar, although I'm new to this thread so I might be wrong...
- Pipologist99 replied Aug 18, 2010
Where would your entry be on this one, at the break of the recent pin?
- Pipologist99 replied Aug 17, 2010
I was thinkin of doing that as well. After the pin bar developed on a daily, I would then switch to a smaller time frame (1H) and wait for another pin bar to form, which would mean the retracement of the daily pin bar has ended, and then I would ...
- Pipologist99 replied Aug 16, 2010
AUDUSD, looks like it's stuck between a BRN and previous support. Does today's bar classify as a pin bar?
- Pipologist99 replied Aug 16, 2010
Thanks Blue, I understand what Mike is saying. So in the case of NZDUSD, wat's ur take based on PA and overhead resistance less than 50 pips away from break of pin?
- Pipologist99 replied Aug 16, 2010
GU looks like its bouncing off a PPZ but PA looks very weak.