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trading801's Koala Forex Articles and EUR/USD views

  • #3,221
  • Nov 22, 2009 7:18pm Nov 22, 2009 7:18pm
forex4 u still eyeing g/j eh haha. btw what u think about what i saidabout opie.. now i see a big drop from ff to my blog. seems like the folks do not benefit once the link is off sigh ...
  • #3,222
  • Nov 22, 2009 7:26pm Nov 22, 2009 7:26pm
Quoting trading801
forex4 u still eyeing g/j eh haha. btw what u think about what i saidabout opie.. now i see a big drop from ff to my blog. seems like the folks do not benefit once the link is off sigh ...
not read his post... no I will not trade G/J, next month will trade less, with low risk run, and will let this positions run its profits the more I can
  • #3,223
  • Nov 22, 2009 7:33pm Nov 22, 2009 7:33pm
basically he said why not accept fate and stay here, do my work my thread with frd like u all and keep the signature... since twee seems to not care about me anymore.. maybe i should make the best use of now
  • #3,224
  • Nov 22, 2009 8:02pm Nov 22, 2009 8:02pm
Quoting trading801
basically he said why not accept fate and stay here, do my work my thread with frd like u all and keep the signature... since twee seems to not care about me anymore.. maybe i should make the best use of now
Don't know I still have faith that all this will resolve in a good manner, did you read the last post of twee?

By the way 20 pips run, I let the position run all the way, until I saw a possible retrace ..
  • #3,225
  • Nov 22, 2009 8:14pm Nov 22, 2009 8:14pm
lets set a target.. all koalas this weeek end the week in green!

therefore no rules breaking.. no crazy risk cool?
  • #3,226
  • Nov 22, 2009 8:22pm Nov 22, 2009 8:22pm
Quoting trading801
lets set a target.. all koalas this weeek end the week in green!

therefore no rules breaking.. no crazy risk cool?
My new rule, as soon as I am 5 pips profit, I set my SL to BE+1 then let it run, as soon as it is on 15 profit, trail SL to +5 then every 5 I move it 5 more... I read a book that said it, if your position is green don't let it turn red, better BE than a loss

I had 3 book that want to read about entries and exits.

I lower my risk, read books about risk management too, so this week is green or green, not red allowed
  • #3,227
  • Nov 22, 2009 8:27pm Nov 22, 2009 8:27pm
Quoting Forex4pty
My new rule, as soon as I am 5 pips profit, I set my SL to BE+1 then let it run, as soon as it is on 15 profit, trail SL to +5 then every 5 I move it 5 more... I read a book that said it, if your position is green don't let it turn red, better BE than a loss

I had 3 book that want to read about entries and exits.

I lower my risk, read books about risk management too, so this week is green or green, not red allowed

but wont BE + 1 when you are at 5pips too tight?

dont forget if you get stop out, you need to enter again.. and you are paying spreads to your broker

1 trade = 2 pips = $2

10 trade = 10 pips = $20 to your broker!!
  • #3,228
  • Nov 22, 2009 8:28pm Nov 22, 2009 8:28pm
Well guys all for me today, I am verrrrryyy tired, I read an article were it tells not to trade tired, cuz you can make mistakes, tomorrow at work I will be very busy, so I don't know if I will be able to trade, but I will try, I will remain flat for now.

Bring that green pips guys.. Wish you a great trading day.

C ya tomorrow.
  • #3,229
  • Nov 22, 2009 8:32pm Nov 22, 2009 8:32pm
Quoting trading801
but wont BE + 1 when you are at 5pips too tight?

dont forget if you get stop out, you need to enter again.. and you are paying spreads to your broker

1 trade = 2 pips = $2

10 trade = 10 pips = $20 to your broker!!
yes I know what you mean, but It will lower my risk, if my position is well placed it may not retraced, if it do, I will wait to open it lower, if not, the only thing it remains is to cry... lol not really... I will try then to do the same but at 10 pips, sounds better?
  • #3,230
  • Edited 8:46pm Nov 22, 2009 8:34pm | Edited 8:46pm
Nov. 23 (Bloomberg) -- Asian stocks rose for first time in three days, gold climbed to a record and the Australian dollar led gains in the region’s currencies on signs the economic recovery is gathering pace.
  • #3,231
  • Nov 22, 2009 8:48pm Nov 22, 2009 8:48pm
Quoting Forex4pty
yes I know what you mean, but It will lower my risk, if my position is well placed it may not retraced, if it do, I will wait to open it lower, if not, the only thing it remains is to cry... lol not really... I will try then to do the same but at 10 pips, sounds better?
yes better...

imagine an unlucky situation of 10 stop out trades.

each trade at +1 per trade 2 pips spread.


you harvest 10 pips but you paid the broker 20pips.... just some thoughts from the koala
  • #3,232
  • Nov 22, 2009 9:15pm Nov 22, 2009 9:15pm
Quoting trading801
yes better...

imagine an unlucky situation of 10 stop out trades.

each trade at +1 per trade 2 pips spread.


you harvest 10 pips but you paid the broker 20pips.... just some thoughts from the koala
Yes you are totally right,
  • #3,233
  • Nov 23, 2009 12:40am Nov 23, 2009 12:40am
Hi all Koalas friends.

Good morning, Good afternoon, good night,... Good Time
We are here to help each other... We Learn Forex Together!
  • #3,234
  • Nov 23, 2009 12:48am Nov 23, 2009 12:48am
hope u will harvest lots lots pips !
  • #3,235
  • Nov 23, 2009 3:13am Nov 23, 2009 3:13am
November 23, 2009

13:30 GMT Canada Retail Sales Index by 0.4% expected to be released. at the same time announced the original rate. if the news were announced to the contrary, it is better not trading.


if Core Retail Sales >= 0.9% then USDCAD go Down 30 pips
if Core Retail Sales <= -0.1% then USDCAD go Up 30 pips
We are here to help each other... We Learn Forex Together!
  • #3,236
  • Nov 23, 2009 3:15am Nov 23, 2009 3:15am
Quoting masoud123
November 23, 2009

13:30 GMT Canada Retail Sales Index by 0.4% expected to be released. at the same time announced the original rate. if the news were announced to the contrary, it is better not trading.


if Core Retail Sales >= 0.9% then USDCAD go Down 30 pips
if Core Retail Sales <= -0.1% then USDCAD go Up 30 pips
I don't trade cad much but when it trends-it trends!
  • #3,237
  • Nov 23, 2009 3:39am Nov 23, 2009 3:39am
I only trade on EUR/USD.

Quoting calderone
I don't trade cad much but when it trends-it trends!
We are here to help each other... We Learn Forex Together!
  • #3,238
  • Nov 23, 2009 5:08am Nov 23, 2009 5:08am
me too ... i rather know a koala very well than a group of stranger kangaroos
  • #3,239
  • Nov 23, 2009 5:15am Nov 23, 2009 5:15am
Quoting trading801
me too ... i rather know a koala very well than a group of stranger kangaroos
LOL, Good Morning guys, wow it surprise me to see this price so high...
  • #3,240
  • Nov 23, 2009 5:19am Nov 23, 2009 5:19am
where will EU be heading?

I can't see any patterns....
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