Plz guys, reply to my questions plz
- #442
- Dec 2, 2008 3:31am Dec 2, 2008 3:31am
todays trade ... didnt trade on M1 today . was kinda busy with my ferrets ... 
Closed :
Still opened :
yup ... with extra COG and current price indicator .. it will work find ..owh .. lack of Stealh LCD
Closed :
Still opened :
Hi guys!. Plz look at my picture, and tell me does this last and relevant template?
- #444
- Dec 2, 2008 3:39am Dec 2, 2008 3:39am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
Hi guys!. Plz look at my picture, and tell me does this last and relevant template?
Thank's
Juliya
yes..buddy...I suppose
Sonic
- #450
- Dec 2, 2008 5:18am Dec 2, 2008 5:18am
my second trade was closed at breakeven .. as long its not a loss .
p/s: a reminder for u all and me included ... dont do anything else while trading .. especially when u are using small timeframe ..
p/s: a reminder for u all and me included ... dont do anything else while trading .. especially when u are using small timeframe ..
- #451
- Edited 5:47am Dec 2, 2008 5:22am | Edited 5:47am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
- #453
- Dec 2, 2008 6:19am Dec 2, 2008 6:19am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
I like your nick "Sonic"
Juliya
Just kidding..hehe
Nite ppl...
Sonic
Dear guys, Sonic... plz let me know, what's wrong in my position. Plz look at my picture. I lose $54
Pls refer to my screenshot, the price that u had entered was sitting at the 61.8% fibo. It is too ricky to enter at that level. Wait for the retracement then you go in again. Always use fibo to see where the price is going.
For me, i'll not trade GJ after the big move as price was stalling around 61.8% fibo. I hope i've cleared your doubt.
Sonic, your view?
May the pips be with me !!!
- #457
- Edited 11:11pm Dec 2, 2008 5:56pm | Edited 11:11pm
- | Commercial User | Joined Mar 2008 | 9,071 Posts
Dear guys, Sonic... plz let me know, what's wrong in my position. Plz look at my picture. I lose $54
Please try to understand that trading FX is ever-changing environment.
You may take an entry (Short for this case,) and you have to manage and change the entry as the time goes by. It is not really set and forgets as many claim.
I suggest you state your EP (entry point), SL in your next picture attachment, representation in color line like I usually do or state clearly as normally CFP85 does.
I assume u follow Peter’s rules,
Here is my 3 findings/suggestion for your trade.
1. You take a short because you see QQE is below 50 but CCI hasn’t below the 0 yet. So, I should say your entry is kinda too early.
2. Where do you put the SL?? I must say it is too close. As you can see it eventually went down in the direction of your trade. Your SL should put above strategic levels such as fibo, Pivots, R1,S1 or visual S&R level.. It is like your placing your stop behind the army of riot police. It isn’t easy to get hit. Your SL must be able to withstand small whipsaw. Please read my 300th Post especially regarding about SL (Stop Loss).
3. Do trade your Demo first, do not put ur money on line while you are still figuring out. Do not worry, Money will follow. Slow and Steady…
Keep Going,and firing...
Sonic
http://www.ausairpower.net/Irkut-Su-30KN-3.jpg