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EURUSD

  • #1,174,761
  • Jul 9, 2020 4:02pm Jul 9, 2020 4:02pm
Quoting F.g
Very deep correction , to say the least...... keeping still my longs....decided to give up if 1.12 79 is hit.
I lowered SL to 1.12 69 .......
  • #1,174,762
  • Jul 9, 2020 4:08pm Jul 9, 2020 4:08pm
Quoting F.g
{quote} I lowered SL to 1.12 69 .......
Why not close and re enter?
LOCK IN RE-ENTER
  • #1,174,763
  • Jul 9, 2020 4:22pm Jul 9, 2020 4:22pm
Quoting mistaouting
{quote} Why not close and re enter?
Man,....it s simple....If I do that then my new SL will be at 69. So what will be the difference...???
  • #1,174,764
  • Jul 9, 2020 5:03pm Jul 9, 2020 5:03pm
Quoting F.g
{quote} Man,....it s simple....If I do that then my new SL will be at 69. So what will be the difference...???
If price does go down to and past 69 you will want gain those pips.

If you close now you close now and price goes to 69 you can also get those pips if you were to enter at 69 if you were to still play it bullish.

Not suggesting one way or other just seeking your logic on why you would even move your stop loss.

If you were confident in it going up enough to move your stop loss to then why not just close the position and re enter long instead of going negative first.

The difference is you can't get those pips if it it went past your current position and if your moving your SL.... There is concern...

If you just re entered you can get those pips and possibly prevent further loss
LOCK IN RE-ENTER
  • #1,174,765
  • Jul 9, 2020 6:55pm Jul 9, 2020 6:55pm
Quoting OhComeOn
{quote} Morning Patience, what setting of RSI is on your Donkey indicator?
Ohcomeon is brutal

Inserted Video
  • #1,174,766
  • Jul 9, 2020 7:26pm Jul 9, 2020 7:26pm
Quoting PatienceFx
{quote} Ohcomeon is brutal https://youtu.be/XI8WU9ReFG0
BWAHAHAHAHAHAHAHAHA!!!!
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,174,767
  • Jul 9, 2020 7:40pm Jul 9, 2020 7:40pm
Quoting OhComeOn
{quote} BWAHAHAHAHAHAHAHAHA!!!!
Brutal is the best way
You can lead a horse to water, but you can't make it drink
  • #1,174,768
  • Jul 9, 2020 7:55pm Jul 9, 2020 7:55pm
Tilt mode. Exit be.. failed week. On sideline. Going to acknowledge the bears for now.
Trade what you see, take what the market gives you.
  • #1,174,769
  • Jul 9, 2020 8:55pm Jul 9, 2020 8:55pm
Quoting VuLe
Tilt mode. Exit be.. failed week. On sideline. Going to acknowledge the bears for now.
Patience, h4 will give a long later today
  • #1,174,770
  • Jul 9, 2020 9:15pm Jul 9, 2020 9:15pm
LOCK IN RE-ENTER

Is it possible to change your name on here....! would change it to LOCK IN RE-ENTER...its the secret sauce....your account will thank you!

Best I could do is put it in my signature....DONT TAKE MY STUFF

Dated July 2020

Year of the

Hear Ye Hear Ye.....From this day forward "Lock In Re-Enter"
LOCK IN RE-ENTER
  • #1,174,771
  • Jul 9, 2020 9:16pm Jul 9, 2020 9:16pm
Also...still room on the "short bus"

i know some of you road the short bus to school
LOCK IN RE-ENTER
  • #1,174,772
  • Jul 9, 2020 9:18pm Jul 9, 2020 9:18pm
Quoting mistaouting
Also...still room on the "short bus"
I trade both ways lol...Best way
You can lead a horse to water, but you can't make it drink
  • #1,174,773
  • Jul 9, 2020 9:28pm Jul 9, 2020 9:28pm
Quoting xkwisit2001
{quote} I trade both ways lol...Best way
I know you ride the short bus....

By most of your post...I thought you went both ways

Most traders do....but maybe your both ways is different

I mean I'm STRAIGHT bearish or STRAIGHT bullish....that going both ways thing isn't my cup of tea not that I would judge you or anything I have friends that go both ways
LOCK IN RE-ENTER
  • #1,174,774
  • Jul 9, 2020 9:32pm Jul 9, 2020 9:32pm
Quoting mistaouting
{quote} I know you ride the short bus.... By most of your post...I thought you went both ways Most traders do....but maybe your both ways is different I mean I'm STRAIGHT bearish or STRAIGHT bullish....that going both ways thing isn't my cup of tea not that I would judge you or anything
Its easy... Take every rally and every dip.

If market is bullish don't close the longs but close the shorts.

Every trade I take my first plan is to set to BE immediately then leave it. But shorts in an up trend go into my account as profit.

Trading is so easy this way.

I've been trading dax on 1m chart so I'm almost expert break even guy

I became profitable once I saw it as a game and just burnt in setups in my head. Weekly pivots are you boss!

I did have help from someone on here!

I dunno why people make it so hard
You can lead a horse to water, but you can't make it drink
  • #1,174,775
  • Jul 9, 2020 9:41pm Jul 9, 2020 9:41pm
Quoting xkwisit2001
{quote} Its easy... Take every rally and every dip. If market is bullish don't close the longs but close the shorts. Every trade I take my first plan is to set to BE immediately then leave it. But shorts in an up trend go into my account as profit. Trading is so easy this way. I've been trading dax on 1m chart so I'm almost expert break even guy
heyyyyy take it easy buddy....I don't go both ways. No means no buddy!

and break even want work....lock in more than break even

trading FX on a 1m chart for me is a no no....i might use 1m chart to narrow down levels or to exit a trade.....but a 1m chart can be crazy.....its like looking for the biggest tree in the amazon with a handheld magnifying glass
LOCK IN RE-ENTER
  • #1,174,776
  • Jul 9, 2020 9:43pm Jul 9, 2020 9:43pm
Quoting mistaouting
{quote} heyyyyy take it easy buddy....I don't go both ways. No means no buddy! and break even want work....lock in more than break even trading FX on a 1m chart for me is a no no....i might use 1m chart to narrow down levels or to exit a trade.....but a 1m chart can be crazy.....its like looking for the biggest tree in the amazon with a handheld magnifying glass
I said when I trade dax I'll use 1m chart lool

We all trade however we want but I'm saying I trade both ways as the market wants

I trade 30m chart for EUR USD
You can lead a horse to water, but you can't make it drink
  • #1,174,777
  • Jul 9, 2020 9:48pm Jul 9, 2020 9:48pm
and guys who are holding positions over night and saying they are moving their SL to break even probably still closing red because they are most likely not even account for interest on the positions they carry over night...
LOCK IN RE-ENTER
  • #1,174,778
  • Jul 9, 2020 9:54pm Jul 9, 2020 9:54pm
Quoting mistaouting
and guys who are holding positions over night and saying they are moving their SL to break even probably still closing red because they are most likely not even account for interest on the positions they carry over night...
Well imagine you still had a sell open from 1.1360 lol

Its possible to hold

If you can become a pro at breaking even you'll be profitable.
You can lead a horse to water, but you can't make it drink
  • #1,174,779
  • Jul 9, 2020 10:06pm Jul 9, 2020 10:06pm
Patience paid.
I hold EU sell at 1.1365 since yesterday
  • #1,174,780
  • Jul 9, 2020 10:06pm Jul 9, 2020 10:06pm
Quoting xkwisit2001
{quote} Well imagine you still had a sell open from 1.1360 lol Its possible to hold
no question its possible to hold....im holding a short position now from the just below that area.

imagine having that sell position and not taking profit and the market reversing and you moving your SL to break even....I have a issue with that....but in that statement was when guys say they move their SL to break even as if they didn't take a loss.....if they held that position over night....they were charged interest so they didn't break even unless that SL included cost of interest paid....yea yea little amount pending order size....but adds up and fact is

EDIT: Lock in some pips and you will never lose you get stopped out with a few pips...get back in
LOCK IN RE-ENTER
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