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- Cowboy11 replied Jul 15, 2014
Just go long........... Any dips are good entry opportunity.
- Cowboy11 replied Jan 16, 2014
I have to trade bias to long term due to 1. I (actually is most of us) unable to get the figure faster than those big boys or respone faster than them on the publicity. 2. I dont have the stamina to follow up with the publication of all those ...
- Cowboy11 replied Jan 16, 2014
How short is a short?? How accurate is your timing??? How atrong is your stamina???? How is your P&L equation look like?????
- Cowboy11 replied Jan 16, 2014
I skipped couple of days, just wondering how manhy of you can survive or make profit for those short term trader????? Those day has gone, H4 and above. Lower than that will just knock out very fast. Should said that D1 and above...........
- Cowboy11 replied Jan 8, 2014
Hi Metallicana, To share my experience with you. For Forex trader, the trade can not follow the rhythm of heart beat. Need to train/get used to that the figure in the P&L account is just number, not money.
- Cowboy11 replied Jan 7, 2014
A lot of time the day's high/low is lesser than 50 pips. You have strick the perfect entry/exit timing to make profit. Right??????
- Cowboy11 replied Jan 6, 2014
This pair is relatively slower compare with others. (low ß, beta) steadier. U has oil & gas, technology, agriculture....... What does J has?
- Cowboy11 replied Jan 6, 2014
My projection is 110 and above for the time being.
- Cowboy11 replied Jan 3, 2014
A has turn strong, let see how to go about it.
- Cowboy11 replied Jan 3, 2014
Consolidation end at this level.
- Cowboy11 replied Jan 2, 2014
Sorry, I mistaken it as crude oil. Strong downward. As I look at it, GJ will break 180 level, just make sure dont burst your account before that.
- Cowboy11 replied Jan 2, 2014
Becareful on "buy dips". Base on which chart? What are the criteria? How big is the bet? How much is the gap? How much drawn down your account can take, etc......... How to protect your account if go toward the wrong direction for another 500 ...
- Cowboy11 replied Jan 2, 2014
Out of all currency pair, GJ is the most risky pair. It can give a big fortune, it also can blow you up in a second. How to handle it, is a big lesson to learn. I paid the price before, so, wish you are able to learn something from this experience.
- Cowboy11 replied Jan 2, 2014
I dont short on GJ, just accumulate up.
- Cowboy11 replied Jan 2, 2014
GJ is consolidating, wait till next week.
- Cowboy11 replied Dec 31, 2013
It looks like A is turning strong against all currencies.
- Cowboy11 replied Dec 31, 2013
It is not luck, you do much more homework than others.
- Cowboy11 replied Dec 30, 2013
Unable to vote, it dont allow to vote both. Long = RR per month < 25% Short = RR per month > 100% The figures set above are just base on my personal opinion/experience. So, set yours as appropriate.
- Cowboy11 replied Dec 30, 2013
Believe that we should learn both long and short term. Defination: Long > 1 day; Short < 1 day. Long = Eye close (over day, week or month, mostly dont set SL; bet is light; accumulate to win) Short = Eye open (close within day with SL; bet is heavy; ...
- Cowboy11 replied Dec 30, 2013
I trade long term, so that I dont need to force myself to close a trade and able to sleep well. M5 is tense. Good that you are able to handle.