I guess 30 pips with 20 pips SL are small figures for day trading
its just me , i dont know about others
its just me , i dont know about others
I SEE YOU !!
- #116,401
- Jun 30, 2009 8:47am Jun 30, 2009 8:47am
- | Joined Mar 2009 | Status: Trader | 2,247 Posts
I SEE YOU !!
- #116,402
- Jun 30, 2009 8:48am Jun 30, 2009 8:48am
- | Additional Username | Joined May 2009 | 2,719 Posts
- #116,405
- Jun 30, 2009 8:51am Jun 30, 2009 8:51am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
hey guys...
new around here... so forgive me if i sound naive but is eurusd discussed from a swing trading or daily scalping perspective?
i day trade the eurusd from midnight to noon EST...
today I am up 130 pips for the night... i try to average 30 pips per night... i go for 30 pips a trade with 20pip sl...
would you guys consider my trading style too aggressive to be discussed?
happy pipping
suri
If you can do that consistently then you'll out perform 95% of traders on FF.
how do u enter trades?
having traded for over 3 years now... i find most pips are to be made with the simplest of systems... i have tried jus abt every strategy there is out there (OK!... almost every
)finally... i have stuck to something that is simple and works... i use 200ma, 21ema and 5ema... i trade the 5 and 21 ma crossovers... but... i pay attention to price actions... i wouldnt take it jus because it crossed... it has to be with the trend... and trend is bullish when 21 is above 200 and vice versa... sometimes... u'll notice that 21 zigzags the 200 multiple times during a day's trading or over couple of days... that is ranging market... that is a little tricky...
i can post some trades going forward and offer a brief explanation why i took or didnt take a particular trade...
happy pipping
suri
- #116,407
- Jun 30, 2009 8:54am Jun 30, 2009 8:54am
hey guys...
new around here... so forgive me if i sound naive but is eurusd discussed from a swing trading or daily scalping perspective?
i day trade the eurusd from midnight to noon EST...
today I am up 130 pips for the night... i try to average 30 pips per night... i go for 30 pips a trade with 20pip sl...
would you guys consider my trading style too aggressive to be discussed?
happy pipping
suri
I guess 30 pips with 20 pips SL are small figures for day trading
its just me , i dont know about others
more often than not... i have seen the market offer up to 30 at a stretch and then reverse, range or watever... rather come back to my computer and be all smiles abt 30 pips in the bank
happy pipping
suri
- #116,410
- Jun 30, 2009 9:00am Jun 30, 2009 9:00am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
If you can do that consistently then you'll out perform 95% of traders on FF.
well... i have been doing it consistently for abt a year... and trade fulltime...
abt outperforming 95% of traders... i dont know how many here burst their rear 12 hours a day (i mean "night") staring at the monitor... it is stressful... and it aint a road paved with gold... u have your ups and downs... and most people succumb sooner or later...
a vast majority might find my trading style rather aggressive and might not agree with taking small profits forgoing the bigger picture... but the market is always there... and i take only how much it gives me during the course of the day...
happy pipping
suri
- #116,416
- Jun 30, 2009 9:06am Jun 30, 2009 9:06am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
surendrashettys,
what Tf (s) do you trade with the crossover strategy? Only EU or other pairs?
Always good to hear that even trading the simplest of strategies together with common sense can earn you pips....
gbpusd is much more volatile to accomodate my 20 pip stop... so i dont trade it... although there are lot more pips to be made there...
happy pipping
suri
- #116,420
- Jun 30, 2009 9:07am Jun 30, 2009 9:07am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts