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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedMy sl 7 ~ 9 slippage might take up-to 11, i used to make and loose lot (scaled daily +/- 200 pip , one day record profit +700 pips & loss 1500 pip ). when i am under water i am worse than wild dog, then start to is it worth for money now i am end up with +20 pip per day strategy, it's enough money, very less stress (my family like this new style much than me).
Edit : i try to revenge 1500 pip loss and with another 2x 1500 , -4000 ~ 4500 pips in week and that was my eye opener , end up taking one week holiday and one week trade trade pause....Ignored
Dislikedi'm glad you're way past those horrible memories and doing well now. yea, i used to lose just about that with revenge trading. sleepless nights etc. i'm far far far from recovering my capital. it's probably is gonna take me years to get it back.
trading is a serious business and i'll still need a few more years to become a professional trader. sigh...Ignored
Disliked10 /20 pip is easy to reach, if you want more pips increase lot size
here is the door for stress free trading
http://www.forexfactory.com/showthread.php?t=293185Ignored
Dislikedthanks bro...
but its very hard to place sl if target only 10 to 20 pipsIgnored
Dislikedi'm glad you're way past those horrible memories and doing well now. yea, i used to lose just about that with revenge trading. sleepless nights etc. i'm far far far from recovering my capital. it's probably is gonna take me years to get it back.
trading is a serious business and i'll still need a few more years to become a professional trader. sigh...Ignored
Dislikedtry 7~9 pip sl and 20 pip on demo , i have seen you always choose good entry and your tp take you to slIgnored
Dislikedyes...trying to reduce my lot size to around 1/4...I have been lost during Christmas..
and wait until market settles....
its not that hard to pick a good entry but very hard to know where the exit should be...most of the time you need to wait patiently but thats what it matters...Ignored
Dislikedi have hard coded 20 pip on my ordering script. this one way of over come greedy , i will only increase tp if half booked and sl @ +1 pipIgnored
Dislikedit is indeed important but you see, risk reward at least in my opinion is always 1:1, "in the money" : "out of the money"
you see the only think that we have control over is Risk.
if we actually new the Reward side of it, then risk would be 0.
i can long the euro right now and say 1:x i will tp at 1.31 or 1.32
you might see that actually it is 0:x that i am risking more as the downside potential is greater.
Just because i perceive this trade to be 1:3, does not make it so.
tighter stop = less win %
loser stop= greater risk
increased...Ignored
Dislikedright click on char and choose save as picture > active chart , it will only export chartIgnored
DislikedHigh probability trade - eur 1.30880
Entry - 1.29250
stop loss 200 pips
This trade is a no brainer.Ignored
DislikedEstimation of move structures from intraday prospective ... first down - then up again ...
Firstly down (towards 1.2869) ... then up (towards 1.2971 - 1.3006) again ...
2012-01-05_05h42_ EURUSD _ min030 _ (200a) candlestickt + Pivots + TEMA
Extentions towards above 1.3045 cannot be ruled out ...
;-|Ignored
Dislikedhi, your sl is huge. 200 pips is how many % of ur account capital?Ignored