hey greg
I just came in and say that your trading is very inspirative to me, yes i want to be like you. allways have excellent enter, exit and stop loss strategy.
thank for posting your trading, i learn much from this
good to see you back in action greg........i was getting worried.... it is always great to get your trading analysis and commentary - i take every word in.. i got a similar trade result yesterday, though perhaps not as cleanly.
i got a habit of entering and then if price pullsback say 30pips i make another entry (i guess there doubling my risk with now 2 positions open) with take profit at original entry for second position. i think i need to stop this habit and become cleaner to become profitable long term.
anyway hope your feeling healthy again
Thank you for the good wishes. Taking it a day at a time. I didn't trade yesterday, although there were a couple nice moves via the 100 pips strategy. We'll see how this session goes. We're moving into Easter holiday weekend here in the U.S. Will tonight's session be slower, fewer players at the table? Don't know, but if so, I'll wait until Sunday night to trade.
Hi putrakopo, The market is/has been trendless for a week. I don't know when that is going to change. Meanwhile I look for 100+ pips intra-day opportunities (Trending Momentum), and try to grab the easy money (riding momentum as long as it lasts), quick to jump out when momentum stalls or stops. Greg
10M market orders through MT4? You are very trusting of your dealer (FXCM right?). May I ask how the fills are?
You'd likely get slipped at 10M in G/J even at the ECN level. Personally, I wouldn't even consider risking a market order of that size at the execution mercy of a non-ECN. At $1k per pip, wouldn't you better served on an institutional platform?
i would have to say that yesterdays session was pretty tough despite the obvious down trend.
it would of been a good day not to beable to monitor the trades. just set one sell with TP at 100pips and then go to bed/out.
i seem to have about 10plus trades pretty much sabotaging my efforts.
do you think it is possible/ok to just set a trade and then turn off computer with gbp/jpy, with maybe a SL and TP - or it is better to always monitor the trade - i think it is making me crazy, especially when i see i'm up maybe 30pips only to close it with only 2 or 5 pips when it retraces and then it tskes off again.
often if i look at my results i can see if i had just left that first trade alone i would of been better off - i guess we never know whats around the corner.
