This

He had the spirit of a scalper. For his biggest trade he was stopped out multiple times before being able to enter for the long ride to his great trade.

Allow me to step in here. It is not true that scalping traders max out 5 pips a day. Case in point August 9 morning to afternoon, the M1 strategy I had played out for 139 pips. Granted I took some stops on the way in, net was overall positive. ...

Resurrecting this thread. How oddly de Javu for the times. EURO performance and all. And also because yes I trade tops and bottoms on M1 timeframe

Very clarifying explanation. Pretty much what I was looking for. Last thing I want is to be responsible for 30% of trading activity of the singapore dollars. One would elicit monitoring and wont expect their authorities to play nice. Anyways jokes ...

Guys be peaceful. That was also very helpful. Likely will need to factor this into maximum lots calculation. Are you on EBS or refinitiv?

Very helpful. That was the type of response I was looking for, especially drawing from your experience. Will factor this into my decisions

Thanks! Makes alot of sense regarding your response. It does depend on broker access to market also. My question also involves how much lots will it take to "walk the order book" in a way that prices begin to jump haphazardly. Thanks for the ...

I appreciate your passion. No, its not the only reply on this thread. And yes I stand by my question. For a forex system with variable lot allocation due to equity size, I want to place an upper limit on the lots I use. I have some idea of an upper ...

Their behavior today was the same behavior they had before on previous days. Nothing unusual but technical analysis. The pairs including EURUSD make their intentions known and give warning signs. They gave all the warning signs earlier and acted ...

Looks like magic right

This I said this when price broke 1.03935. I saw no more restraints/obstacles for EURUSD dropping from necessary pivots. I have to do some recalculations to determine the actual bottom of all this.

Where was your stop loss by the way?

Have an open mind for the markets. Just take a deep breath and study the markets until you can speak its language. I could tell you that about 3 hours ago, I hedged a long that I placed 8 hours ago. I did all that analysis on the minute chart. Folks ...

hmmmmm.....

I wouldnt be despondent that easily. Looking at your chart, there is ample reason to continue to short. If all else failes, a couple of lines on your chart could help make the decisions.

Great work

Just a heads up, the EURUSD is no longer restrained by the necessary pivots. All restraining pivots were in the bungled up in the 4175 to 4475 area. It doesnt mean it will continue to drop, (I am not offering financial advice please) but if it does, ...

Excellent call. It hit daily pivot resistance earlier when a previous poster was asking for the hestitancy. But I didnt expect it to drop this fast. A drop yes but that was fast.