Attachments: EURUSD only

EURUSD only

#7,141
Dec 19, 2017 5:04am Dec 19, 2017 5:04am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,856 Posts | Online Now

Quoting PatienceFx

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{quote} testing this ea on a demo competition account to see if it is really safe for live later

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holy moly , on a 4k acc it just took a 10 lots long

#7,142
Dec 19, 2017 5:16am Dec 19, 2017 5:16am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,856 Posts | Online Now

Quoting PatienceFx

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{quote} holy moly , on a 4k acc it just took a 10 lots long

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1868 tp

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#7,143
Dec 19, 2017 5:21am Dec 19, 2017 5:21am

sunilpawar
Joined Aug 2010 | Status: Trader | 1,262 Posts

Any Idea what time they are passing Tax reforms bill

The Phoenix Trader....

#7,144
Dec 19, 2017 5:40am Dec 19, 2017 5:40am

valter
Joined Jun 2010 | Status: At my trading desk | 295 Posts

Quoting sunilpawar

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Any Idea what time they are passing Tax reforms bill

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https://www.reuters.com/article/us-u...-idUSKBN1EC27Z

#7,145
Dec 19, 2017 5:44am Dec 19, 2017 5:44am

asgcorp
Joined Feb 2014 | Status: trading bank levels | 8,143 Posts

one of the charts I'm watching for timing purposes says there's 12 hours until impact, kinda makes sense cause there will be most likely 1/2 delays before they actually pass it.

#7,146
Dec 19, 2017 6:28am Dec 19, 2017 6:28am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,856 Posts | Online Now

Quoting PatienceFx

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{quote} holy moly , on a 4k acc it just took a 10 lots long

Ignored

#7,147
Dec 19, 2017 8:00am Dec 19, 2017 8:00am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,856 Posts | Online Now

closed all @ 1830 , will decide on new trade later

#7,148
Dec 19, 2017 8:04am Dec 19, 2017 8:04am

Rennaissance
Joined Oct 2017 | Status: Trader | 984 Posts

Just going over my trades and realizing that we often neglect the impact of slippage on trading. I am calculating what slippage has cost to my account and it is standing there right next to my commissions. The more often you trade relative to the amounts of pips you are trying to catch, the more it's impossible to come out ahead. With this I think Over trading is the most common reason for trader's failure.

Doing some calculations for the Eur/Usd, My point of view is that if you trade this pair with its current ATR more than 5 times a week on average ,you will loose no matter how good you are. With optimum at 2-3trades on average.

P.S : I haven't even included mistakes like missing trade, wrong entry calculation,etc...

When you see it, BET big.

#7,149
Dec 19, 2017 8:06am Dec 19, 2017 8:06am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,856 Posts | Online Now

chance of dip/correction here on h1

#7,150
Dec 19, 2017 8:57am Dec 19, 2017 8:57am

alozard
| Joined May 2010 | Status: Trader | 11 Posts

Hi
EURUSD-H1

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#7,151
Dec 19, 2017 9:10am Dec 19, 2017 9:10am

lebrinque
| Joined Oct 2017 | Status: Trader | 33 Posts

Quoting Rennaissance

Disliked

Just going over my trades and realizing that we often neglect the impact of slippage on trading. I am calculating what slippage has cost to my account and it is standing there right next to my commissions. The more often you trade relative to the amounts of pips you are trying to catch, the more it's impossible to come out ahead. With this I think Over trading is the most common reason for trader's failure. Doing some calculations for the Eur/Usd, My point of view is that if you trade this pair with its current ATR more than 5 times a week on average...

Ignored

If the ATR has increased, just adjust stops and targets accordingly? Or how do you mean?

#7,152
Dec 19, 2017 9:12am Dec 19, 2017 9:12am

pohchuan
| Joined Jan 2013 | Status: Trader | 611 Posts

Currently support found around @1809, possible place a sell if it breaks below.

Tax bill passing may help to lower it further.

#7,153
Dec 19, 2017 9:29am Dec 19, 2017 9:29am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,111 Posts

Quoting pohchuan

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Currently support found around @1809, possible place a sell if it breaks below. Tax bill passing may help to lower it further.

Ignored

Speaking based on M30 chart.. nearest major support is at 1.1775/95.. nearest temporary resistance is at 1.1820.. Still room until 1.1843... everything else is noise..

Stay Green

Focus only on what truly matters!