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  • #27,541
  • Jul 6, 2018 10:17am Jul 6, 2018 10:17am
Hey guys. I am not ashamed to expose my flaws. I am one of those kinda traders who use a mountain lot for a grain size account.
Pls teach me how you do your money mgt. I wanna stop my loses.
  • #27,542
  • Jul 6, 2018 10:20am Jul 6, 2018 10:20am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-07-06-10-17-48.png Size: 138 KB


Tp 1.17446
Sl 1.17691

If sl is met on tick vhart close then i will reverse to a buy for a break oabove 1.1776 where i will reverse for a lot size 4x greater than sell. I will update if tp or sl is hit.
Read my shouts to get myfxbook link
  • #27,543
  • Jul 6, 2018 10:21am Jul 6, 2018 10:21am
Quoting Godzilla
{quote} Yes 1720/1680
Even 1650 so there seems to b some room
  • #27,544
  • Jul 6, 2018 10:24am Jul 6, 2018 10:24am
Quoting Godzilla
{quote} Yes 1720/1680
Just as the MKT is now, would you go short to buy later? Or you stick to a particular trend? Say buy ...buy; sell ... Sell?
  • #27,545
  • Jul 6, 2018 10:24am Jul 6, 2018 10:24am
Quoting Pell
Hey guys. I am not ashamed to expose my flaws. I am one of those kinda traders who use a mountain lot for a grain size account. Pls teach me how you do your money mgt. I wanna stop my loses.
Nothing wrong with that as long as you have a stop loss in place.Gambling isnt defind by the amount of risk you take but by simply taking risk. The more pips you are willing to risk the lower your lots should be. Yet, trading with 0 sl no mattwr how much you risk is a no no.
Read my shouts to get myfxbook link
  • #27,546
  • Jul 6, 2018 10:24am Jul 6, 2018 10:24am
Quoting digger1
{quote} would look just a bit lower , last weeks high at 1720 ish ,, probably dribble back to there between now and into next week , really the last level it worked to get thru with a whole gaggle of stuff to work thru at the last high with the important stuff being the W R 1 and the quarterly level ,,, time will tell . {image} 2884956{image}
Couldn’t agreee more. Red line u have drawn would indicate serious bull pressure
  • #27,547
  • Jul 6, 2018 10:25am Jul 6, 2018 10:25am
Quoting Pell
Hey guys. I am not ashamed to expose my flaws. I am one of those kinda traders who use a mountain lot for a grain size account. Pls teach me how you do your money mgt. I wanna stop my loses.

Pell

its about risk vs reward and only you know what that will be every trader has his own.....

trade safe
  • #27,548
  • Jul 6, 2018 10:28am Jul 6, 2018 10:28am
Quoting Clasieclan
{quote} Pell its about risk vs reward and only you know what that will be every trader has his own..... trade safe
You also have ExpectedExpected R:R vs Real R:R
Read my shouts to get myfxbook link
  • #27,549
  • Jul 6, 2018 10:34am Jul 6, 2018 10:34am
Tnx y'all
  • #27,550
  • Jul 6, 2018 10:35am Jul 6, 2018 10:35am
Quoting Pell
{quote} Just as the MKT is now, would you go short to buy later? Or you stick to a particular trend? Say buy ...buy; sell ... Sell?
Buy later pending look at market. 1760 should hold. See ata’s post on the trend line. Trend lines don’t lie. Traders will observe them. The longer they are the more supportive. I don’t follow other people’s posts nor should u however when something looks good add it to your arsenal. Remember most of the posters will quote if they are correct. Rarely will they quote if incorrect. Be selective.
1850 looks a Double top. Current wave is over extended so there is weakness so we can expect a reversal soon But no immediate weakness.
  • #27,551
  • Jul 6, 2018 10:41am Jul 6, 2018 10:41am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-07-06-10-40-16.png Size: 123 KB


Happy meal for the kids! TP hit.
Read my shouts to get myfxbook link
  • #27,552
  • Jul 6, 2018 10:44am Jul 6, 2018 10:44am
Quoting IggyMon
{image} Happy meal for the kids! TP hit.
your commentary is hilarious boss. keep it up. "whatever makes u snore at night... happy meal for the kids" encore.
  • #27,553
  • Jul 6, 2018 10:45am Jul 6, 2018 10:45am
Quoting IggyMon
{image} Happy meal for the kids! TP hit.
100$ how many kids u got or has hyper inflation hit mcdonalds in mother russia ? lol
  • #27,554
  • Jul 6, 2018 10:46am Jul 6, 2018 10:46am
And after all the smoke had dispersed, we still had not broken the ema strip
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2018-07-06 (5)_1.jpg Size: 124 KB
yes yes yes
  • #27,555
  • Jul 6, 2018 10:50am Jul 6, 2018 10:50am
Quoting Godzilla
{quote} 100$ how many kids u got or has hyper inflation hit mcdonalds in mother russia ? lol
Those are in Rubles, not Dollars. 100 Rubles it's roughly 1.5$
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #27,556
  • Jul 6, 2018 10:54am Jul 6, 2018 10:54am
Quoting Montrealer
{quote} Those are in Rubles, not Dollars. 100 Rubles it's roughly 1.5$
thought he traded 1 lot. should be in usd? 10 pips tp $100usd
  • #27,557
  • Jul 6, 2018 10:56am Jul 6, 2018 10:56am
Quoting conglomerate
{quote} How to identify "Critical Level"?
I just noticed your post.. but happily you answered it yourself.. and currently I hope people enjoying the short term sell off.. I will not leave any trades open for the weekend. Marking 1.1716 as new support.. as long as above no selling highs.. Maybe enjoying bear move right now but we still look to buy dips.. But at this hour no rush..

Will call it a day soon.. See you all on Monday London opening..

Stay Green
Focus only on what truly matters!
  • #27,558
  • Jul 6, 2018 10:57am Jul 6, 2018 10:57am
Quoting Ata-Turkoglu
{quote} I just noticed your post.. but happily you answered it yourself.. and currently I hope people enjoying the short term sell off.. I will not leave any trades open for the weekend. Marking 1.1716 as new support.. as long as above no selling highs.. Maybe enjoying bear move right now but we still look to buy dips.. But at this hour no rush.. Will call it a day soon.. See you all on Monday London opening.. Stay Green
Have a nice weekend Ata. Thanks for sharing so much info during the week!
  • #27,559
  • Jul 6, 2018 11:00am Jul 6, 2018 11:00am
Quoting Montrealer
{quote} Those are in Rubles, not Dollars. 100 Rubles it's roughly 1.5$
Well russia is a fairly impoverished country 8k gdp per capital so I’m guessing happy Meal prices would b reflective
  • #27,560
  • Jul 6, 2018 11:45am Jul 6, 2018 11:45am
Quoting post
{quote} lol... already in to short I guess thik daily cloud base is the cap , imo tight 10pips SL {image}
I m glad that I did short and managed to book another 20+ pips. Enough for the week. Good luck guys. See you next week.
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