It was a good night for ppl who do News Trading.
It was just to late for ppl in Europe to trade
It was just to late for ppl in Europe to trade
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Disliked{quote} AUDJPY Short Trade Clsosed: Closed for loss of 160.2 pips average, 5,768.6 pips total. Just wiped out most of the pips for these past three weeks! But, I am still up 899.2 pips gain for this period, or about 300 pips per week. {image}Ignored
Disliked{quote} Tah I am sorry for your loss on this trade of AUDJPY. It is difficult to stomach, but I cannot understand why you just kept on adding positions to a losing trade. Presumably there was no stop loss on your part. This reminds me of some of the trades that Loeil did (adding to losing positions) and eventually got burnt. You are strong and I am sure you will dust yourself off and live to fight another day!Ignored
DislikedAUDUSD Long Trade Open: M15 Classic. I entered slightly early, not waiting for the price to rise above the Dragon, because there is so much volume during the basing activity. The Dragon and Trend are both angling up now, however. {image}Ignored
DislikedUSDCAD Long Trade Open: M15 Classic. Looks like a Stop Hunt on longs just occurred, quickly taking price below PVT and back up again. {image}Ignored
Disliked{quote} USDCAD Long Trade Closed: Closed for loss of 20 pips average/total. Had the direction right. Setting a SL kept me from profiting. {image}Ignored
Disliked{quote} Personally, i think it saves you. In this trade it might keep you from profiting but just imagine you are on the other side, and do it without SL. It will wipe out your account for short or longterm, same like AJ. I think those trades ( on a friday and no much actions seem to come ) are scalping so personally i would always set SL and leave it by that. what I would also do is, in case you are in profit ( like 15 pips ) i personally would move the SL to BE ( before news coming ) owing to the reason of scalping. Any Feedback are welcome.Ignored
Disliked{quote} forexTN14, I don't have the answer, because the root of the problem is the MMs respond to what everyone does. It is not that they have their plan, and everyone else has theirs. It is that the MMs see what everyone else is doing and then take whatever action profits them the most. And that action can turn price on a dime! There is no "out thinking" the MMs, because they don't know what they are going to do in advance. What they do is wait as see what everyone else is/has done, and then their response is whatever steals the most money from...Ignored
DislikedGBPUSD Long Trade Open: M15 Classic. Volume increased to lows where it peaked. {image}Ignored
Disliked{quote} GBPUSD Long Trade Closed: Closed for gain of 1.7 pips average, 8.5 pips total. {image}Ignored
Disliked{quote} GBPUSD Long Trade Closed: Closed for gain of 1.7 pips average, 8.5 pips total. {image}Ignored
Disliked{quote} I assume you have moved the SL, as on your screen it was where price passed. {image}Ignored
Disliked{quote} just missed the boat, 8 pips for that much draw down, pretty bad too...Ignored