Watch it guys, since New York opening, they have been selling dollar heavily probably a heavy hand. And the effect can be noted on all USD major pairs...........
trade well pal.........
trade well pal.........
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Disliked{quote} My experience has been... it is difficult in a personal account to make 1 % consistently with 1k or 2k or 5k account. But easier to make 1 % in a funded account, 25k or 50k or 100k.Ignored
DislikedMy stop loss is 1.45770 . If the USD becomes relatively weak going forward. I will at the right time Hedge the position appropriately on the D1 and W1. these time frames will provide clues in regard to USD relative strength/weakness.Ignored
Disliked{quote} In personal account : 1) Small capital. 2) Refusing to take losses, as capital will erode, Psycology factor. 3) Capital loss will lead to loose self confidence. 4) Greed is more...you will not not stop at 1 %...you want to make 10 % in a day. 5) You want tp turn 1k into 100k in 100 days. 6) You deal with the account with lots of greed. In funded account. 1) Account is big. 2) Making 1% in a 100 k funded account is huge money. You get 80 % share..800 dollars. 3) If you have 3 or 4 funded accounts, 3k to 4k can be done. So, you limit the exposure...Ignored
Disliked{quote} we cover that sir, -9 pips already stop --- bearish butterfly on daily pivot {image}Ignored
Disliked{quote} In personal account : 1) Small capital. 2) Refusing to take losses, as capital will erode, Psycology factor. 3) Capital loss will lead to loose self confidence. 4) Greed is more...you will not not stop at 1 %...you want to make 10 % in a day. 5) You want tp turn 1k into 100k in 100 days. 6) You deal with the account with lots of greed. In funded account. 1) Account is big. 2) Making 1% in a 100 k funded account is huge money. You get 80 % share..800 dollars. 3) If you have 3 or 4 funded accounts, 3k to 4k can be done. So, you limit the exposure...Ignored