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We all need pivots to win..yes or not? 13 replies

The System (Irony included) 1,175 replies

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The System II (Yes with irony)

  • #5,181
  • Sep 10, 2009 3:45am Sep 10, 2009 3:45am
Quoting K7420
I'm want to know what broker are you on. I will make big bucks like you if I know what you broker is. my spread is killing me by the way.
my broker don't make me money..
my spead is .8.. and its fxpro..
  • #5,182
  • Sep 10, 2009 3:47am Sep 10, 2009 3:47am
There is a very fine balance between patience and stretching expectancy too far isn't there? I guess this is what makes experts make better decisions than novices - they have the 'feel' for it. While you're in profit, I took a 20 pip hit, re-entered at 1.4557 and am now playing #1 and hoping this is a pullback. Fine line between profit and loss. Awesome trading on your part - wimpy performance on mine.


Quoting fxachilies
here we go boys... thats what patience will do for you..
however price got close to 1pip of my sl.. then boommmmmm..
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,183
  • Sep 10, 2009 3:55am Sep 10, 2009 3:55am
Quoting mac1956
There is a very fine balance between patience and stretching expectancy too far isn't there? I guess this is what makes experts make better decisions than novices - they have the 'feel' for it. While you're in profit, I took a 20 pip hit, re-entered at 1.4557 and am now playing #1 and hoping this is a pullback. Fine line between profit and loss. Awesome trading on your part - wimpy performance on mine.
its ok.. take it as a good practise... you'll need a lot of practise trades in order to get this thing.. don't repeat your mistakes... every night go through your trades and analyse them and compare it to other peoples charts and find the flaws..
  • #5,184
  • Sep 10, 2009 4:03am Sep 10, 2009 4:03am
That's amazing. I'm with Igindex and I get a 2 pip spread on EU, and A$/U. I'm going to swap!

Quoting fxachilies
my broker don't make me money..
my spead is .8.. and its fxpro..
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,185
  • Sep 10, 2009 4:06am Sep 10, 2009 4:06am
I'm just the right side of this price right now with Sl at 14571. I feel it is a good one to hang onto even though it's going sideways - is that expectancy or hope????
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,186
  • Sep 10, 2009 4:08am Sep 10, 2009 4:08am
i took this one
was prepared to play both sides
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  • #5,187
  • Sep 10, 2009 4:09am Sep 10, 2009 4:09am
i m out of the short with a small profit now long with break of fcr
Survive & Preserve
  • #5,188
  • Sep 10, 2009 4:12am Sep 10, 2009 4:12am
Quoting andrewb7
i m out of the short with a small profit now long with break of fcr
I'm in the same boat.
Failure is the mother of success: learn from 'her'
  • #5,189
  • Sep 10, 2009 4:12am Sep 10, 2009 4:12am
guys the problem is not the broker.. stay focus to the way you trade..
I also got DB as my broker for my major large accout trading and there spread is floting and sometimes is 3 or 4 pips and I make money regardless..

however.. fxpro its a up and coming broker.. its got flaws as all brokers do.. but spread is low and its constant changing broker for better service overall.. I did vistit there facilty when I was vacationing in cryprus.. looked very professional.. and i do have a fairly big account with them.. and have had not any major problem yet..
  • #5,190
  • Sep 10, 2009 4:16am Sep 10, 2009 4:16am
Guys,
If you dont have the money to support a DB habit then try out oanda.

Oanda's spread on EUR is only 0.9 when we trade it, and I dont have any issues with speed of execution.
If you dont like their charts then dont chart with them, use fxdd or some other mt4 for charting. Oanda for order entry.
Survive and Preserve
  • #5,191
  • Sep 10, 2009 4:17am Sep 10, 2009 4:17am
Quoting andrewb7
i m out of the short with a small profit now long with break of fcr
I ride this "short trade", my sl at 1.4582 2 previous fcr, to give enough room.
  • #5,192
  • Sep 10, 2009 4:27am Sep 10, 2009 4:27am
Quoting Musanto
I ride this "short trade", my sl at 1.4582 2 previous fcr, to give enough room.
Wise movement... this is a #1 trade type to be showed to the incoming generations.

Let's see how it will act now on the 30 area...
  • #5,193
  • Sep 10, 2009 4:29am Sep 10, 2009 4:29am
Move sl to 1.4565, risking 5 pips and ride on
  • #5,194
  • Sep 10, 2009 4:29am Sep 10, 2009 4:29am
Nice ride down
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,195
  • Sep 10, 2009 4:33am Sep 10, 2009 4:33am
still on the short trade..


http://cdn.forexfactory.com/images/attach/gif.gif
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  • #5,196
  • Sep 10, 2009 4:35am Sep 10, 2009 4:35am
Is the red dot-dash line your SL?

Quoting fxachilies
still on the short trade..


http://cdn.forexfactory.com/images/attach/gif.gif
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,197
  • Sep 10, 2009 4:35am Sep 10, 2009 4:35am
Man oh man, I am wondering why did I play number 2

Quoting fxachilies
still on the short trade..


http://cdn.forexfactory.com/images/attach/gif.gif
Survive and Preserve
  • #5,198
  • Sep 10, 2009 4:39am Sep 10, 2009 4:39am
Don't knock it - you had dinner with your wife.


Quoting en0x
Man oh man, I am wondering why did I play number 2
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,199
  • Sep 10, 2009 4:39am Sep 10, 2009 4:39am
hey fx i exeited that short trade when it formed an fcr then failed to make a L/L for a small profit then took the fcr trade long for a loss, what r ur thoughts on the way i traded it, obviously it was wrong ,but hindsight is great, thanks in advance mate
andrew
Survive & Preserve
  • #5,200
  • Sep 10, 2009 4:43am Sep 10, 2009 4:43am
Quoting andrewb7
hey fx i exeited that short trade when it formed an fcr then failed to make a L/L for a small profit then took the fcr trade long for a loss, what r ur thoughts on the way i traded it, obviously it was wrong ,but hindsight is great, thanks in advance mate
andrew
I know what you did as i am taking note of all you guyses trades and late tonight in one full posts i expaline everything.. I am letting you guys free style today for now..
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