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- p2pfast replied Jul 15, 2010
Manual close at 112.30. +67pips
- p2pfast replied Jul 15, 2010
Short: 112.99 (daily hit resistance, triple top. Hit EMA60 and bound back fast). TP: 112.25 (Previous support point, discounted the candle tail. +10 pips) SL: 113.60 (Pivot MR2 + 2 pips)
- p2pfast replied Jul 14, 2010
Done with good pips in
- p2pfast replied Jul 14, 2010
Short:112.77 TP:112.20 (Daily privots +5 pips) SL:113.50 (previous high, few weeks back +10pips) H1 break the trend line going down. M15 candle free down from (S)MA(5) Low. M15 EMA5 crossing down on EMA60
- p2pfast replied Jul 1, 2010
EJ Short: 108.84 Near previous high and EMA100 TP: 108.14 Near first nearest support SL: 109.35 ~30pips above previous high/EMA100. Anyone, please comment. Thanks
- p2pfast replied Jun 25, 2010
Manual close +11pip due to too tire. Sleeping....11:45pm here..
- p2pfast replied Jun 25, 2010
I long. Because it near to previous low and my SL is below 4H lowest point in my screen.
- p2pfast replied Jun 25, 2010
EJ... I long at 109.89, target 110.50. SL=107.89 Sound crazy on SL, but.....MM is in my calculation and consideration.
- p2pfast replied Jun 17, 2010
I have done wrong today!!!! I want to tell myself here. Keep on watching the screen is not a good idea. To night (I am from Malaysia), I should have earned another 50 pips by now but because of watching the price movement, I manual close it, only ...
- p2pfast replied Jun 17, 2010
Thanks Dongsky...Still on Money management subject.... Yes, Dongsky is right for the money management concept. Most of the books or forum are telling us to risk our capital 3% to 5%, the most. But I have a different way of thinking. I was using ...
- p2pfast replied Jun 16, 2010
Hi dongsky, Welcome. Thanks for your advise and comment. My Money Management are as below: Lets say I only have 2.5K. I will split it to 1k and 1.5K. Use the 1K for trading and 1.5K for reserve. Need to stay in the trading as long as I can. 1. For ...
- p2pfast replied Jun 16, 2010
5. Don't trade time a. Only start trading 4 hours after the weekly opening. Let's the price adjust itself while digesting the weekend news. Normally, the opening price do not show the actual trend or support Resistant (S R ) price. It will confuse ...
- p2pfast replied Jun 16, 2010
4. Multi time frame trading. a. Look at Daily and H4. Here you can easily define whether it is up trend or down trend. Lets say it is up. The price should be move up. stochastic should be below 50s and pointing up. b. Go to H1, make sure stochastic ...
- p2pfast replied Jun 16, 2010
3. Choose a pair that you Prefered. I choose EJ in my case. a. Since indicators is just for reference, you must always look at one pair and you will familiar with the price action. What is the support and resistant where the price always fluctuate ...
- p2pfast replied Jun 16, 2010
2. No indicator is always right. Indicator just for reference not the holy grail. a. In the forum. people are sharing indicators and technique. I read and read and 100% confident what they are teaching. But only they win money. Indicators is just a ...
- p2pfast replied Jun 16, 2010
b. After rejected the gambling mind set. Second wrong mind set will start stopping your from earning money......."I don't want to lose my money". Once I was in this mind set, my trading life is peaceful. Overall, seldom lose and not earning. Because ...
- p2pfast replied Jun 16, 2010
Things really need to focus before you start trading: 1. Believe that trading can earn money. Sound simples and sound everyone sure want to earn money. Is it the true. NO!!!! a. In my initial trading, I said I want to "win" money, not "earn". So ...
- P2PFast Trading Journey
The purpose I wrote down this journal is to list down all my experience, right or wrong so that I ...
- p2pfast replied Jun 16, 2010
EJ: 1. Daily and H4 stochastic at over sold. 2. One hour is heading down. 3. M15 is start to going up> waiting for M15 going up another cycle to short. TP will be 112.15.
- p2pfast replied Sep 14, 2009
Lot#2 hit SL with +8 pips. May be I adjust the SL too soon. Should wait for 2nd Wave of retracement and rebound? Please advise