{quote} Dude, You are right and I'm right, but you are technically wrong. WHY???????It's called a Risk/ Reward Ratio for two reasons. 1... The risk involved 2... The reward anticipated When you have the two parameters, you can then determine the ratio. My argument is based on Risk & Reward Ratio, not just the amount of money made. We may both make $100, but when we consider the Risk & Reward Ratio factor, I would have made more. You are smart for putting the caveat --- if no stopLOSS was hit. What if both stoploss got hit, the dude...
{quote} Dude, You are right and I'm right, but you are technically wrong. WHY???????
{quote} Nope, I'm not wrong at all. If you both entered with a lot size of $1, how do you explain making $20 for every $1 risked when all you did was place your stop 5 pips closer to price? I don't want to argue about this, do the math on paper, and you will see why I'm right. Worse case scenario? He loses $5 more than you when both stops gets hit. Guy
Much less chance of that now that price failed at 52, again + with +1H rising atr and right back at lows... My previous post explains some of the rest of my own flawed view.{quote} ... OK, best scenario here was a slow but steady down move and enough volatility kicking in next EU to cut through or further down beyond 1720s, like a knife in butter.. BUT here we are ! But first off, hit some more TPs along the way, biggest fishes for me today ! Hope it to be some of my smallest at end of month ! {quote} Happy trader as always, rain or shine, does not matter! Now, as long as 1767 is not hit again(little chance, but extremely good if not hit!), Ive got a new sell stop at 1.17480 for 12 pips AND at 1.17400 but for a 2H...
I can feel the bulls doing everything in their power to avoid these levels under it, again... IT is all smoke...
Is this a possible EU play
Kidding! Just testing out new probable micro-resistance at 44. Will know soon if it holds!{quote}... Ive got a new sell stop at 1.17480 for 12 pips AND at 1.17400 but for a 2H trade ! ... {image}
..{quote} Sold at 1757 and again at 17600 and will sell again at around 53 and 46 as long as 66 not hit. 1 for 24 pips, 3 longer term positions depending on 1720s-30s reaction, if we get there.
. Point of no return perhaps for shorts, but also for profits. No miracle, just essential mm. 
{quote} Nope, I'm not wrong at all. If you both entered with a lot size of $1, how do you explain making $20 for every $1 risked when all you did was place your stop 5 pips closer to price? I don't want to argue about this, do the math on paper, and you will see why I'm right. Worse case scenario? He loses $5 more than you when both stops gets hit. Guy
Oh no... All signs point to a simple shift down under ranging condition so expecting a rise above 65 again
{quote} Nope, I'm not wrong at all. If you both entered with a lot size of $1, how do you explain making $20 for every $1 risked when all you did was place your stop 5 pips closer to price? I don't want to argue about this, do the math on paper, and you will see why I'm right. Worse case scenario? He loses $5 more than you when both stops gets hit. Guy
{quote}
