DislikedIf I'm understanding Feb right, you need to wait for the price to break above the previous high point by a few pips before taking the long.Ignored
Peace
Peace
We all need pivots to win..yes or not? 13 replies
The System (Irony included) 1,175 replies
DislikedIf I'm understanding Feb right, you need to wait for the price to break above the previous high point by a few pips before taking the long.Ignored
DislikedI like so much this thread thx Feb!
Here's my view about EURUSD M5 , any comments ?Ignored
Dislikedyou have a pullback formed already in my opinion...kinda deep but it might work
PeaceIgnored
DislikedTo Feb and others,
This may be a very basic question but do we all agree on what constitutes a pullback/retracement? I am not clear on this one. How many pips does price needs to go agaisnt the swing? Is it just a matter of one candle closing establishing a higher high and a higher low or a lower high and a lower low?
Thank youIgnored
Dislikedhi Feb, can you please have a look at #116 and #119, is this wrong retracement? to small?Ignored
DislikedHi Feb,
How does the attached setup look to you?
Looked goodish to me, in at 157.90, went up 14 points, then dropped, I was stopped at 157.84 on a TS.
CheersIgnored
Dislikednot necessarily. I take it even if it's small.. I do prefer a couple of bars or more, but that's a personal preference.
Don't close any trades...never..... let your setup work...if you get stopped out, there will be another chance...deal with it. Remember this is a game of probabilities.
I've been 1 tick shy of be stopped out and then the market resumes the original swing...it happened to me hundred of times.
play the odds.....
PeaceIgnored
DislikedFeb, thanks for answer.
it is my problem , i-m afraid of the stoploss so i leave the market to early, many times.
í have to build up more confidence, stick to the stoploss can make life much more easy - i should write it in big letters infront of my PC ----Ignored
DislikedFeb, thanks for answer.
it is my problem , i-m afraid of the stoploss so i leave the market to early, many times.
í have to build up more confidence, stick to the stoploss can make life much more easy - i should write it in big letters infront of my PC ----Ignored
DislikedThe best thing to do is use the smallest lots you can trade with. It's real money, but not enough to hurt if you lose. I have found this helps with dealing with the emotional part of trading.Ignored
DislikedFeb,
First of all thank you for the insights, very valuable!
I would like to ask why you trade futures rather than spot? Are there any benefits or is it just your preference?
p.s. do you not use indicators in order to stay away from any excitment? All those colours can drive you crazy, huh!
RegardsIgnored
DislikedFeb,
First of all thank you for the insights, very valuable!
I would like to ask why you trade futures rather than spot? Are there any benefits or is it just your preference?
p.s. do you not use indicators in order to stay away from any excitment? All those colours can drive you crazy, huh!
RegardsIgnored
DislikedHi Feb,
Just curious. I know nothing about forex futures trading, but seeing that there are -47 for EurUsd, and -96 for GbpUsd in the future (I guess it's June). Is there any indications for the trend of our spot trading at the moment? Anything worth taking note of the futures market? Thanks.
RegardsIgnored
DislikedHi Feb,
Just curious. I know nothing about forex futures trading, but seeing that there are -47 for EurUsd, and -96 for GbpUsd in the future (I guess it's June). Is there any indications for the trend of our spot trading at the moment? Anything worth taking note of the futures market? Thanks.
RegardsIgnored