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The Swamp

  • #19,501
  • Jun 5, 2018 6:21pm Jun 5, 2018 6:21pm
Quoting Boulder
{quote} my side bet.... it has more chance to go 1681 first , before 1744/ 1750...,,
mine 1626... smaller one 1691... its still in the range with 1681 at pp. plus bulls probably need 1616 to rise.
those who can, do. those who cant, talk about those who can
  • #19,502
  • Jun 5, 2018 6:30pm Jun 5, 2018 6:30pm
Quoting gatorinla
{quote} mine 1626... smaller one 1691... its still in the range with 1681 at pp. plus bulls probably need 1616 to rise.
ok.. I will lighten some positions at 1691 first
  • #19,503
  • Jun 5, 2018 6:42pm Jun 5, 2018 6:42pm
Quoting Boulder
{quote} ok.. I will lighten some positions at 1691 first
if you get the chance. Asia has been eu positive. my last sell at 1743
those who can, do. those who cant, talk about those who can
  • #19,504
  • Jun 5, 2018 6:42pm Jun 5, 2018 6:42pm
Quoting gatorinla
{quote} i figured range 1681/1745 days ago in that pong.. but when we crossed -1681 i thought if would spike 1710/44 and go back below 1681,, atm it has not.. its done everything i thought it would.. but now its not inline with your 1 and 4h.. I wanted to have them agree,,
my system is for trend trading.. not good for sideways market...it has false signals for sideways market...currently 1H starts trending.. 4H not yet....
  • #19,505
  • Jun 5, 2018 6:45pm Jun 5, 2018 6:45pm
Quoting gatorinla
{quote} if you get the chance. Asia has been eu positive.
Yes.. i see pattern lately too.. Asia runs up and London comes in to smack it down...
  • #19,506
  • Jun 5, 2018 6:48pm Jun 5, 2018 6:48pm
Quoting gatorinla
{quote} if you get the chance. Asia has been eu positive. my last sell at 1743
ok..I will set up a pending for that too...SL 1755
  • #19,507
  • Jun 5, 2018 7:03pm Jun 5, 2018 7:03pm
Quoting Boulder
{quote} ok..I will set up a pending for that too...SL 1755
no need for a large % loss.. a smaller position at 1/2 or 1/4 % sl/ at 5 pips is = to 1/2 to 1 % every 10 pips in your favor. u know the high is 1744//
those who can, do. those who cant, talk about those who can
  • #19,508
  • Jun 5, 2018 7:10pm Jun 5, 2018 7:10pm
Quoting gatorinla
{quote} no need for a large % loss.. a smaller position at 1/2 or 1/4 % sl/ at 5 pips is = to 1/2 to 1 % every 10 pips in your favor. u know the high is 1744//
not huge positions.. only take 0.2% risk if it stops out...
  • #19,509
  • Jun 5, 2018 7:11pm Jun 5, 2018 7:11pm
Hi gator and boulder. Enjoying the thread, as I only trade eur/usd.

Although I’m a newbie, I’m not entirely new. I say that because I’m feeling like I’m having trouble following the lingo between the two of you.

is there a specific post in general that discusses your method/process/verbiage? Or should I just keep following along until I pick the language up?
A snails pace wins the race :-)
  • #19,510
  • Jun 5, 2018 7:12pm Jun 5, 2018 7:12pm
example.. a 1 lot trade at 1744 with a 5 pip stop is 5X more powerful than a 1 lot trade. at 1710 with the same stop at 1749. An instant compound of reward potential. risking the same 1 lot or the same %.. the difference it the reward potential is 500% greater. the loss potential didn't change. even more so when a bounce back to 1710 has the 1744 trade in green and 1710 at 0. below 1710 they gain at 1 to 5 ratio comparably.
those who can, do. those who cant, talk about those who can
  • #19,511
  • Jun 5, 2018 7:23pm Jun 5, 2018 7:23pm
Quoting JustPipMe
Hi gator and boulder. Enjoying the thread, as I only trade eur/usd. Although I’m a newbie, I’m not entirely new. I say that because I’m feeling like I’m having trouble following the lingo between the two of you. is there a specific post in general that discusses your method/process/verbiage? Or should I just keep following along until I pick the language up?
sorry ,,it maybe harder to understand me,,English is not my native language ... I speak Chienglish,,,
  • #19,512
  • Jun 5, 2018 7:30pm Jun 5, 2018 7:30pm
Quoting gatorinla
example.. a 1 lot trade at 1744 with a 5 pip stop is 5X more powerful than a 1 lot trade. at 1710 with the same stop at 1749. An instant compound of reward potential. risking the same 1 lot or the same %.. the difference it the reward potential is 500% greater. the loss potential didn't change. even more so when a bounce back to 1710 has the 1744 trade in green and 1710 at 0. below 1710 they gain at 1 to 5 ratio comparably.
1 lot trade at 1744 with a 5 pip stop, that is $50 loss right? I just want to be at the same page as you said...
  • #19,513
  • Jun 5, 2018 7:40pm Jun 5, 2018 7:40pm
Quoting Boulder
{quote} 1 lot trade at 1744 with a 5 pip stop, that is $50 loss right? I just want to be at the same page as you said...
i used as a example.. but yes. (10$ per pip) each trader has to conform that to fit their own account or tolerance. it was just an example.. the point is U can miss the 1710 trade, and trade less. And wait to enter nearer 1744.. at 1745 I am wrong with my setup. but i could have a trade not risking so much there and make more money. or i could even reduce the size of the trade bringing the risk to a smaller amount. for example 1/4 at 5 pips sl.. is = to 1% at 20 pips.. each 100 pips in my favor is 5%. or take the 1/4% loss.
those who can, do. those who cant, talk about those who can
  • #19,514
  • Jun 5, 2018 7:43pm Jun 5, 2018 7:43pm
Quoting gatorinla
{quote} i used as a example.. but yes. (10$ per pip) each trader has to conform that to fit their own account or tolerance. it was just an example.. the point is U can miss the 1710 trade, and trade less. And wait to enter nearer 1744.. at 1745 I am wrong with my setup. but i could have a trade not risking so much there and make more money. or i could even reduce the size of the trade bringing the risk to a smaller amount. for example 1/4 at 5 pips sl.. is = to 1% at 20 pips.. each 100 pips in my favor is 5%. or take the 1/4% loss.
I understand you now finally...thanks Gator.....
  • #19,515
  • Jun 5, 2018 7:53pm Jun 5, 2018 7:53pm
Quoting Boulder
{quote} I understand you now finally...thanks Gator.....
this is what I mean by compounding. the trade size can be smaller early on, or don't even take those... let the trade get closer to the edge of failing. entries near your stop loss. all the early entered trade risk can be put closer to failing.. you were going to allow it to get there anway. this way that drawdown isn't being paid for.
those who can, do. those who cant, talk about those who can
  • #19,516
  • Jun 5, 2018 8:07pm Jun 5, 2018 8:07pm
Quoting Boulder
{quote} I understand you now finally...thanks Gator.....
do i get a cookie with sprinkles now?
those who can, do. those who cant, talk about those who can
  • #19,517
  • Jun 5, 2018 8:17pm Jun 5, 2018 8:17pm
Quoting gatorinla
{quote} do i get a cookie with sprinkles now?
yes.. you got your small reward...
  • #19,518
  • Jun 5, 2018 8:44pm Jun 5, 2018 8:44pm
Quoting Boulder
{quote} yes.. you got your small reward...
thanks..
Inserted Video
those who can, do. those who cant, talk about those who can
  • #19,519
  • Edited 9:38pm Jun 5, 2018 9:24pm | Edited 9:38pm
Quoting gatorinla
{quote} thanks..https://www.youtube.com/watch?v=VP6PC2GBF5A
glad Asia didn't do much push up so far...now M5 and M15 down trends.. M30 uptrend stop will be tested at 1710...
i am watch 'Billions' again...look for those specifics that I might miss it the first time;;
  • #19,520
  • Jun 5, 2018 9:39pm Jun 5, 2018 9:39pm
I'm not sure what my problem is... Every time I trade EUR/USD it is always the same. I listen to people say they are making tons of money on here and all I ever do is risk 50 pips to make a 100 pips. I trade for a month and it is always the same.. I break even or loss about 50 pips. On about 10 trades...................................................................................................

EVERY-TIME I break even WTF!!!! Need some help here. I need to make a little profit if I'm going to waste my time away in-front of this damn screen!!!

ahhhhhhhhhhhhhhhhhhhhhhhhhhhhh
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