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Trading EURUSD only 43,756 replies

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  • #3,081
  • Oct 30, 2017 9:34am Oct 30, 2017 9:34am
Quoting Rennaissance
{quote} I like betting big, It's a way for me to not get hit by a big loser in any one of them.
Good luck
Make all mistakes in demo and rain in pips in live account
  • #3,082
  • Oct 30, 2017 9:38am Oct 30, 2017 9:38am
Quoting okshop
After a full belly dinner and no hope for my short entry soldiers I took a nap. Waking up to a set of TP target hit cool & thanks’ EU. P/s note to self: I should zzzz more {image}
I don't get it! How is your SL same as entry price ? I can't do that cause of spread. Unless I wait till it travels further off before placing it. Is it automated trading or you do it all manually?
  • #3,083
  • Oct 30, 2017 9:38am Oct 30, 2017 9:38am
it does work if you have the right direction of a currency,hes short GBP so he's wrong

Quoting Rennaissance
{quote} I like betting big, It's a way for me to not get hit by a big loser in any one of them.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #3,084
  • Oct 30, 2017 9:42am Oct 30, 2017 9:42am
Quoting denisius
I hate stop loss. I always use them and I always got kicked out. I am giving up tons of profit every week in that matter. If I don't place them I am in red by the end of the day. Need to re consider my TP.
@ Half-TP, we break even @ 67%-WinRate ...
If your used technical plan can surpass that over a series of trades, you then have an edge ...
Market is not random but unpredictable
  • #3,085
  • Oct 30, 2017 9:42am Oct 30, 2017 9:42am
Quoting denisius
{quote} I don't get it! How is your SL same as entry price ? I can't do that cause of spread. Unless I wait till it travels further off before placing it. Is it automated trading or you do it all manually?
I use an EA as an assistant it moves my SL to be after 3 pips (but when I sleep my pc goes to sleep after 15 min of in-activity just notice it I am going to put my pc setting to never sleep. lol
Attached Image (click to enlarge)
Click to Enlarge Name: ea sl.PNG Size: 9 KB
Self discipline It is a practice
  • #3,086
  • Oct 30, 2017 9:43am Oct 30, 2017 9:43am
Quoting Suj
yes i agree too.. 1.1670/1680 in the making
I'm in for a ride to 1.1660...fingers crossed

Attached Image (click to enlarge)
Click to Enlarge Name: gap.jpg Size: 81 KB
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #3,087
  • Oct 30, 2017 9:44am Oct 30, 2017 9:44am
Quoting okshop
{quote} I use an EA as an assistant it moves my SL to be after 3 pips (but when I sleep my pc goes to sleep after 15 min of in-activity just notice it I am going to put my pc setting to never sleep. lol {image}
Thats what I thought. I am way old school for that purpose. . All manually!
  • #3,088
  • Oct 30, 2017 9:45am Oct 30, 2017 9:45am
Quoting 4for4
{quote} @ Half-TP, we break even @ 67%-WinRate ... If your used technical plan can surpass that over a series of trades, you then have an edge ...
Thank you! I have that book too
  • #3,089
  • Oct 30, 2017 9:48am Oct 30, 2017 9:48am
Quoting Bones
it does work if you have the right direction of a currency,hes short GBP so he's wrong {quote}
My style is Contrarian to trends. I don't believe in following the herd. It doesn't mean trend following doesn't work, but it hasn't worked for me. I know I am wrong on the direction but that's the point.
When you see it, BET big.
  • #3,090
  • Edited 12:19pm Oct 30, 2017 9:50am | Edited 12:19pm
Looks like our minor down trend was oversold, we found support on the new channel line.

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The white zones would make good selling opportunities. Around 167x and 173x.
Got my S/L in place @ .1783
Waiting for an entry signal.

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Grtz
What's that smell? ---- I smell money!
  • #3,091
  • Oct 30, 2017 10:04am Oct 30, 2017 10:04am
Quoting denisius
{quote} Thank you! I have that book too
... What book? It’s just a simple math ...
What I was trying to say is that have you kept a journal of your used technical plan so that you know exactly at what probability your next trade is going to work out? ...
(If we have several methodologies, we need to keep a journal separately for each of them) ...
Market is not random but unpredictable
  • #3,092
  • Oct 30, 2017 10:11am Oct 30, 2017 10:11am
Quoting denisius
I hate stop loss. I always use them and I always got kicked out. I am giving up tons of profit every week in that matter. If I don't place them I am in red by the end of the day. Need to re consider my TP.
Maybe you work on your SL level. Possibly placing too tight SL. I was taught that placing too tight SL is like trading without SL. Just my tip
Make all mistakes in demo and rain in pips in live account
  • #3,093
  • Oct 30, 2017 10:11am Oct 30, 2017 10:11am
I dont think there is any upside for euro. What i'd do is whenever i find a top and i simply sell it. But it needs to come above 1.1670 - 1.1690

Everyone knows it will retest 1.17 but i dont think it will cross and reach 1.1737. even our sett little dog knows. So better short at these levels. I dont want to miss the ride.
  • #3,094
  • Oct 30, 2017 10:16am Oct 30, 2017 10:16am
If you trade breakout, placing sl at the level that had been broken is wrong. What i mean is that when there is resistance breakout going bullish and placing sl at that broken resistance now acting as support is wrong trading practice. This is because there is possibility of retesting of the broken resistance
Make all mistakes in demo and rain in pips in live account
  • #3,095
  • Oct 30, 2017 10:16am Oct 30, 2017 10:16am
I can not bring the charts but I'm saying GBP is not bearish
time will tell
your trading against weeklies

Quoting Rennaissance
{quote} My style is Contrarian to trends. I don't believe in following the herd. It doesn't mean trend following doesn't work, but it hasn't worked for me. I know I am wrong on the direction but that's the point.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #3,096
  • Oct 30, 2017 10:28am Oct 30, 2017 10:28am
Quoting Ata-Turkoglu
While trying to look for a buy opportunity on M5 any touch to 1.1595 will put bulls in jeopardy and help bears for continuation.. trade wisely.. if you open buy at lows but see weakness in climbing back above 1.1610, switch back to bearish or at least stay on sidelines for a while.. Stay Green
I hope you opened longs as close as it gets to 1.1610.. I hope you had your stop losses below 1.1595.. I hope you watched if price touches 1.1595 or not to get out early from buys which there was no need for so far.. I hope you are waiting market to reach above 1.1644 now..

Stay Green
Focus only on what truly matters!
  • #3,097
  • Oct 30, 2017 10:29am Oct 30, 2017 10:29am
All goes well...so far

Attached Image (click to enlarge)
Click to Enlarge Name: gap.jpg Size: 82 KB
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #3,098
  • Oct 30, 2017 10:35am Oct 30, 2017 10:35am
Quoting giveachance
{quote} I am waiting for GBP to be slapped to 3090 soon.
Bones already on hitlist but now giveachance.. really? Will this GBP talk have an end once and for all or are you intentionally so provocative?
Focus only on what truly matters!
  • #3,099
  • Oct 30, 2017 10:40am Oct 30, 2017 10:40am
Quoting Ata-Turkoglu
{quote} I hope you opened longs as close as it gets to 1.1610.. I hope you had your stop losses below 1.1595.. I hope you watched if price touches 1.1595 or not to get out early from buys which there was no need for so far.. I hope you are waiting market to reach above 1.1644 now.. Stay Green
to "quote" you, i hope it will go above 1.1646 to 1.1668 and tomorrow to se it close and testing 1.1700
MAKE IT RAIN
  • #3,100
  • Oct 30, 2017 10:46am Oct 30, 2017 10:46am
Thursday, trump is going to announce Jerome powell as Fed chair, E
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