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Daily Trading Ideas

  • #48,181
  • Feb 14, 2020 4:56am Feb 14, 2020 4:56am
Quoting akim0895
{quote} you need read a lots more mate.. you just jump in the middle..
No man, that a 50 pip TP kkk the sell was earlier (GBP/AUD)
  • #48,182
  • Feb 14, 2020 5:02am Feb 14, 2020 5:02am
Quoting xnaro
{quote} OKay, for example, i had these trades today on GU {image} The first one had a 35pip tp and when it closed i moved the other 2 positions' SL to "BE" (1.30400). Did i do the correct thing here? Bcs they are all closed and i just feel like i didnt do the correct thing. {image}
they were on profit, so you did the right thing.
keep doing that way.
If you don't know how to earn money, don't loose it.
  • #48,183
  • Feb 14, 2020 5:03am Feb 14, 2020 5:03am
Quoting xnaro
{quote} OKay, for example, i had these trades today on GU {image} The first one had a 35pip tp and when it closed i moved the other 2 positions' SL to "BE" (1.30400). Did i do the correct thing here? Bcs they are all closed and i just feel like i didnt do the correct thing. {image}
You know there is no system to tell you exactly if price goes up or down.
Its probabilities game .
Here you have a system where 9.5 out of 10 is correct in entry .
how you manage the exit is up to you and your account .
Since you gain some and is friday , stay aside until you identify a new setup and enter if you want.
Green pips are always good call.

the trade you referring , seems it has touch lower BB and forming a buy setup .We know in 1-2 hours if valid to enter buy .
So ask your self if pocketing 1000$ is better than pocketing 1100$ with more risk ?
And you get a chance to enter the trade again .
Time and patience is your ally but you need to practice and by closing with green pips and stay aside is good practice .
tide your hand so its not itching you to enter a not valid setup .

Zzzzz
  • #48,184
  • Feb 14, 2020 5:05am Feb 14, 2020 5:05am
interesting there from Gu..
which side will win..
let see
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just for a cup of coffee...
  • #48,185
  • Feb 14, 2020 5:07am Feb 14, 2020 5:07am
Thanks boys. You guys are right, i overthink this shit sometimes, i was so worried with not cashing more that didnt even noticed that it is going outside lower BB xD. Keep it up boys

Tiago
  • #48,186
  • Feb 14, 2020 5:11am Feb 14, 2020 5:11am
Quoting akim0895
interesting there from Gu.. which side will win.. let see {image}
Its has something to do with GBP in general right? cuz every pair with GBP is moving in the same direction
  • #48,187
  • Feb 14, 2020 5:18am Feb 14, 2020 5:18am
Quoting akim0895
{quote} maybe.. i’m hold tight my short
CASH OUT .. FAST SCALP buy momentum again ...
if volume candle stay ebove mid LWMA ... I go buy again
if PA Can not up again ... i go wiih You mate ... he he

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  • #48,188
  • Feb 14, 2020 5:21am Feb 14, 2020 5:21am
Quoting akim0895
interesting there from Gu.. which side will win.. let see {image}

hope a win for bull....
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Peace Yo!
  • #48,189
  • Feb 14, 2020 5:26am Feb 14, 2020 5:26am
GD all
  • #48,190
  • Feb 14, 2020 5:27am Feb 14, 2020 5:27am
Quoting Nvrmd
{quote} Most important thing is to not give up. There is a reason that 90% of people lose money. I can also tell you something about pain. I traded demo first and after some time had incredible results with my strategy. When i opened a 500$ real account, everything changed, emotions got to me and I burned the account pretty quick. Fast forward I got really obsessed in improving and learned 24/7 for almost a year. I then opened a 20k account and traded with low risk just to learn to hold trades and close losing trades. I managed to get to 160k in...
Thats a good lesson and experience. Although its tough, those results can boost your confidence to do that again. Still, how did you lose 160k if you were trading low risk and closing losing trades?
  • #48,191
  • Feb 14, 2020 5:29am Feb 14, 2020 5:29am
Quoting Ra.
GD all
GD lets go RA lets fuck the market
  • #48,192
  • Feb 14, 2020 5:36am Feb 14, 2020 5:36am
GU
we have bear setups on H4 and H1...
H1 bull still forming, not a bull setup yet...possible but not yet.
either way, it's FRYday...
i keep bearish bias...for now.
If you don't know how to earn money, don't loose it.
  • #48,193
  • Feb 14, 2020 5:39am Feb 14, 2020 5:39am
Quoting akim0895
interesting there from Gu.. which side will win.. let see {image}
yesss mate ... now with your side ... lol

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  • #48,194
  • Feb 14, 2020 5:41am Feb 14, 2020 5:41am
Quoting hocius
{quote} Thats a good lesson and experience. Although its tough, those results can boost your confidence to do that again. Still, how did you lose 160k if you were trading low risk and closing losing trades?
That was just at the start until I got confident, too confident in the end. Over time I increased the risk which is fine but I also opened too many positions and hold them for too long cause I didnt want to accept to lose, so money management was out of the window . And right at the end I went basically all in and got punished by fundamentals.
  • #48,195
  • Feb 14, 2020 5:45am Feb 14, 2020 5:45am
Quoting Nvrmd
{quote} That was just at the start until I got confident, too confident in the end. Over time I increased the risk which is fine but I also opened too many positions and hold them for too long cause I didnt want to accept to lose, so money management was out of the window . And right at the end I went basically all in and got punished by fundamentals.
yeah trading like that can be tricky on risk management. Easily can blow an account like that. You use hard or floating SL?
  • #48,196
  • Feb 14, 2020 6:04am Feb 14, 2020 6:04am
Quoting Ra.
{quote} yeah trading like that can be tricky on risk management. Easily can blow an account like that. You use hard or floating SL?
I am actually no big fan of stop losses and I know people hate to hear that. I have bad experience with them and usually manage my trades until I close them. I only set a sl when I canīt look at the charts,before news events or if I am not sure about a trade anymore. I got stopped out too many times with fake spikes. I trust my trades and if they donīt go my way I just close them manually. I hate to know that market maker see your stop losses.
  • #48,197
  • Feb 14, 2020 6:04am Feb 14, 2020 6:04am
Quoting COmar.FX
{quote} yesss mate ... now with your side ... lol {image}
us data later will decide which side get a FRYday run..
take care..
just for a cup of coffee...
  • #48,198
  • Feb 14, 2020 6:06am Feb 14, 2020 6:06am
FRYday warzone... bulls barrier...
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If you don't know how to earn money, don't loose it.
  • #48,199
  • Feb 14, 2020 6:08am Feb 14, 2020 6:08am
dxy testing for 2nd time 99 level..
1st time at asian session
let see...
just for a cup of coffee...
  • #48,200
  • Feb 14, 2020 6:16am Feb 14, 2020 6:16am
Quoting akim0895
{quote} us data later will decide which side get a FRYday run.. take care..
hi Akim,
where can we usually find us data?
and how can we estimate the direction of a pair based on us data?
please explain, thanks
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