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Attachments: The System III (Oh no!)
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The System III (Oh no!)

Another trade. Will see...
"IF the price will reject off the upper level - THEN I will trade short"


... now I have to wait for my trade to hit TP order, or manage to not let the market to hit all my risk...
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unemployment claims @8:30..

Looking at 00 level for support - 50 hold resistance pretty good...

gonna sit on my hands for the announcement, just in case..
Peace
Quoting dim4ik42
I get what do you mean... but... What about - how do you do your MM???

Personally I do not trade "all possible money for today" in one trade... at least - in 4 trades. So - two wins, one loss... no second-guessing... Just - see the possibility (may be subjectively), place my orders - and wait for the market to fill my order. If I loose... I still have money for keeping trade... until I loose all my predetermined risk for today.


Regards!
My MM usually laid on a spreadsheet. and i only risk 1% per trade and ratio that against a proper stop lost.

If i win, that its for the day, unless like i said, radical move. Still i limit myself to only 3 trade per day. If i loss. Thats it, closed the chart, do other stuff so i wont revenge trade and loss more.

It take seriously mental discipline to do this really.
Quoting dim4ik42
Another trade. Will see...
"IF the price will reject off the upper level - THEN I will trade short"


... now I have to wait for my trade to hit TP order, or manage to not let the market to hit all my risk...

Target hit.
Quoting freqzz
My MM usually laid on a spreadsheet. and i only risk 1% per trade and ratio that against a proper stop lost.

If i win, that its for the day, unless like i said, radical move. Still i limit myself to only 3 trade per day. If i loss. Thats it, closed the chart, do other stuff so i wont revenge trade and loss more.

It take seriously mental discipline to do this really.

I understand you, my friend!

It take seriously mental discipline to do this really. - agree with you totally!
I went short at the bounce of 00. Actually I got in late - 89. I was looking to short 95. Target was 63 but the market just bounced off from 70 area so I cut the trade around 74....I don't know about you guys but this week has been tough to trade...
Peace
market broke 00 long but I will stay put - philly report is @ 10:00 am. Buying on a pullback @05 would be nice but....
Peace
Quoting feb2865
I went short at the bounce of 00. Actually I got in late - 89. I was looking to short 95. Target was 63 but the market just bounced off from 70 area so I cut the trade around 74....I don't know about you guys but this week has been tough to trade...
sure its been really hard. tho i manage to get off 2 win.

70 pips on the EUGBP 0.8825 long and 40 pips EUJPY 112.85 bounce.

great enuff for me today.
in a perfect world, 00 is holding support nicely. But the philly report is right there...what a shame!!
Peace
Quoting freqzz
sure its been really hard. tho i manage to get off 2 win.

70 pips on the EUGBP 0.8825 long and 40 pips EUJPY 112.85 bounce.

great enuff for me today.
hey! great trades brother!!!

I get happy when people get it done despite how the markets are!!!
Peace
GBPUSD is breaking on the 57. any thoughts?

tho this is still pending on the news really.
Quoting freqzz
GBPUSD is breaking on the 57. any thoughts?

tho this is still pending on the news really.
I will sit on my hands...
Peace
Quoting dim4ik42
I understand you, my friend!

It take seriously mental discipline to do this really. - agree with you totally!
Dim

at this point I believe you just found out how to be consistent on this game..
Peace
Quoting feb2865
I will sit on my hands...
imma get somethin to drink and watch. let see if we can get a hoorah.
Quoting feb2865
Dim

at this point I believe you just found out how to be consistent on this game..

Well, my Dear brother Feb - I hope so!!!!! I hope that I found out what is the consistency on this game...

at least what I know for sure is - if I see my set-up - I trade it (no second-guessing, except the news or event). I adjust my load to have the risk acceptable, and I try to get anything greater than my risk. I close the chart if my daily loss limit is reached. Or - if I did twice that limit (at profit side).

The most hard part is - to sit on my hands until I would see my set-up.
After I know my set-up and I have my MM rules - there is no more what about I have to f...ck my brain (sorry...lol). I know - if I will religiously follow my rules - the game of probability will be at my side.


THANK YOU!!!!!!
let's see if goes up 50..... that would be a nice short trade..
Peace
Quoting feb2865
Dim

at this point I believe you just found out how to be consistent on this game..

Brother Feb... If you do not mind - I will send you now a PM (a really short PM) with my today's result.

... in a few minutes..
35-40 area is holding resistance - I still prefer 50. If the market comes back to 00 I will quit for the day...seems like a comfort zone to me.
Peace
Good morning!

my current set-up.


Wait for the trigger.
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Quoting dim4ik42
Good morning!

my current set-up.


Wait for the trigger.

Order is filled.
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