have a look.
so, given the additional information, is your assessment modified ?
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
DislikedI posted this on the EJ thread:
IMHO the big money trading outfits just used the excuse of all the pallaber to hike it up so they can have a higher plataeu from which to load up on shorts....they know this is going down big time for a long time (because that is what THEY have in store for it. They just could not maneuver the retailers into TRADING it higher, so they slammed it up on the first really "good" excuse (like they really needed one.)
Ok, that's my hypothesis for the week.
...and it could, very simply, be the truth.Ignored
DislikedThat's good, getting the emotion out is very important as you probably know. Maybe you have honed your skill to see the breaks early with less risk - if so, I congratulate you as I'm not that smart.
But 5% is a bit risky IMO. Just 4 losing trades on such a tight stop will kill your account by 20%. What happens if you have 8 or 9?
Again, just stuff to think about - you trade the way you feel you need to, if it's working for you - then more power to you!!Ignored
Dislikeda haha..thanks..thanksfully that not happen (until now at least) in a row .. and the reward still more than enough to cover ..
but o course as a nubie i always ty to evaluate my trading styles.. and another reason , i cant go smaller with 5%..coz my acc just to small..if i go smaller...im only got dollar..not dollarsIgnored
Dislikedglad you pointed that out. such volume usually gets filled right away...i think well see 1.28 again before the day endsIgnored
DislikedYeah, I hear ya and I can't blame you for trying to get a small account up in value quickly. And it can be done if you still to your plan. As long as you understand and accept the risk that you have a high probability of blowing the account quicker at the risk of catching a few good moves to build up equity quickly. Then there's no problem with doing that. I have 2 micro accounts that I do that with too.Ignored
Disliked1.2645 was previous resistance...tapped twice and big bounce off that level. now is a good buy if it becomes support. and yes i am long hereIgnored
Disliked
Will this pattern continue this week? I have no idea, but this is what I'm watching... :nerd:Ignored