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- #1,213,665
- Apr 19, 2022 3:11pm Apr 19, 2022 3:11pm
- Joined Apr 2021 | Status: Trader | 5,844 Posts
{quote} Shit. Cumulative 1400 pips. Really want to achieve this.. these trades are really frustrating at times. I have pending buy on EU at 1.06450 with target around 1.105 (400+ pips). Have UJ at 128 targeting 124.5 (400+ pips) and GU @ 1.299 targeting 1.335 (350 pips)...Please wish me well
I have experienced that too and it's no fun haha. All i do is using fundamentals and some technicals to time my trades right. I used to chase the market, but now i put pending orders and wait for the market to come to me. That lesson is learned the hard way too haha Wishing you good luck all the best and the greenest pips buddy!
You have to have an IQ higher than 90 to interact with this user.
- #1,213,667
- Apr 19, 2022 3:18pm Apr 19, 2022 3:18pm
- Joined Apr 2021 | Status: Trader | 5,844 Posts
You have to have an IQ higher than 90 to interact with this user.
- #1,213,670
- Apr 19, 2022 11:15pm Apr 19, 2022 11:15pm
- Joined Jun 2013 | Status: enjoying life | 23,869 Posts
Inverse V shape with 2B... {image}
- #1,213,671
- Apr 20, 2022 1:10am Apr 20, 2022 1:10am
Fundamental provide Volume, Technical shows Direction
- #1,213,672
- Apr 20, 2022 1:38am Apr 20, 2022 1:38am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,442 Posts
Forex trading has to do with risk and not all traders are capable to have the same style as others, because of day job, financial contition and other reasons.
1. For the risk averse trader, the one who wants more than he risks and feels more confortable thinking of this forex brokers gave the advantage to use small stops (5 pips, or lower some times) vs. huge gains like, 100, 200, or more pips - riskier in my opinion.
2. Other traders who like looser stops and can't sit on the screens for many hours can have their own style, trade bigger timeframes and do also aditional trades (batch), but may use more margin from their account, so the profit should be smaller - safer.
Seemingly!
But after some losses the first group, especially the ones who using high leverage an account will look more like, the account of the second group, so you can choose what you like and feel confortable to trade and don't give a damn about how other traders think, or behave, you just need to work on fundamentals and on your-self to make your luck, but not all the traders will become profitable in the end, only the best and the ones who worked hard.
1. For the risk averse trader, the one who wants more than he risks and feels more confortable thinking of this forex brokers gave the advantage to use small stops (5 pips, or lower some times) vs. huge gains like, 100, 200, or more pips - riskier in my opinion.
2. Other traders who like looser stops and can't sit on the screens for many hours can have their own style, trade bigger timeframes and do also aditional trades (batch), but may use more margin from their account, so the profit should be smaller - safer.
Seemingly! But after some losses the first group, especially the ones who using high leverage an account will look more like, the account of the second group, so you can choose what you like and feel confortable to trade and don't give a damn about how other traders think, or behave, you just need to work on fundamentals and on your-self to make your luck, but not all the traders will become profitable in the end, only the best and the ones who worked hard.
Looking for profitable short term trades ...|
- #1,213,674
- Edited 2:44am Apr 20, 2022 2:30am | Edited 2:44am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER
- #1,213,675
- Apr 20, 2022 2:32am Apr 20, 2022 2:32am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER
- #1,213,676
- Apr 20, 2022 2:47am Apr 20, 2022 2:47am
- Joined Nov 2008 | Status: Trader | 2,177 Posts
Ha, long time since here I took some longs from 1.0813, i think well make a weekly high somewhere around 1.0851-1.0875. I think prelondon is/was just collecting some shorts, gotta shake those out imo. My idea is that we should get there until NY open. Currently i see 1.0818 the strong hurdle, which maybe also a good lvl too short, with tight stop, but chance is gone currently. 0810 might be interesting right now for some support. Best of luck, trade safe. 
I took some longs from 1.0813, i think well make a weekly high somewhere around 1.0851-1.0875. I think prelondon is/was just collecting some shorts, gotta shake those out imo. My idea is that we should get there until NY open. Currently i see 1.0818 the strong hurdle, which maybe also a good lvl too short, with tight stop, but chance is gone currently. 0810 might be interesting right now for some support. Best of luck, trade safe. 
- #1,213,677
- Apr 20, 2022 2:51am Apr 20, 2022 2:51am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER
- #1,213,678
- Apr 20, 2022 2:59am Apr 20, 2022 2:59am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,442 Posts
Looking for profitable short term trades ...|
- #1,213,679
- Apr 20, 2022 3:39am Apr 20, 2022 3:39am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
shooting up of oil will have to be blamed, maybe the debate or probably Putin
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