Trade what you see NOT what you expect | Page 1561 | Forex Factory

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Why did you start trading and what do you expect from it? 19 replies

How soon after you put on a trade do you expect to be "in the money"? 28 replies

How do you see trading - Do you see it as a means to an end? 12 replies

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Trade What You See And Not What You Hope 0 replies

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Trade what you see NOT what you expect

  • #31,201
  • Feb 5, 2010 4:29am Feb 5, 2010 4:29am
Quoting dario1002
guys.. just a quick question... which doesn't really imply the trade, but still...

what is the minimum amount of pips of your trailing stop?

With my broker, mine is 15 (if 4 numbers after coma), which mean 150 if 5 numbers after coma.

i was thinking it is rather big.. any suggestion?
If their policy is that the minimum s/l is .00150 (15 pips) then, at 1:100 leverage, they expect you to be comfortable with a loss of $150. If the requirement is .00015 (1 and 1/2 pips) then it's a $15 loss. To me the former seems intolerable while the latter seems impractical.

Then again, I was holding out for the 1.5800 weekly support level.
  • #31,202
  • Feb 5, 2010 5:41am Feb 5, 2010 5:41am
Quoting eohater
It's great to see new faces and new members in the thread making posts. It's always cool to see someone who's been a member for years and only has a handful of posts make a post here.

If your not a member yet, I recommend you take the time over the weekend and join. It's easy, just go to the top of the screen and signup.

Trade well!
I have been here for a while, trying to read through the thread (not a one night book!). As I currently trade another method, I do not want to clog up the thread with those other "off topic" methods (or get banned). However, I am trying to get a better understanding and will start trading a mini account with this methodology in the next week or so. When I do, I will post for review and help. Thanks in advance for your help!

BTW - you think Zig was talking about trading fx?
Read the entire thread BEFORE you ask questions!
  • #31,203
  • Feb 5, 2010 6:20am Feb 5, 2010 6:20am
Good morning everyone, I hope all is well today!!
Please ask questions and share your experiences with us all!
  • #31,204
  • Feb 5, 2010 6:37am Feb 5, 2010 6:37am
Good morning bkg. i hope you are well today
" When the ship starts to sink, don't just pray. JUMP "
  • #31,205
  • Feb 5, 2010 6:39am Feb 5, 2010 6:39am
Quoting johnami
I have been here for a while, trying to read through the thread (not a one night book!). As I currently trade another method, I do not want to clog up the thread with those other "off topic" methods (or get banned). However, I am trying to get a better understanding and will start trading a mini account with this methodology in the next week or so. When I do, I will post for review and help. Thanks in advance for your help!

BTW - you think Zig was talking about trading fx?
Hello john and welcome, feel free to ask questions as answering them helps us all to understand better
" When the ship starts to sink, don't just pray. JUMP "
  • #31,206
  • Feb 5, 2010 6:41am Feb 5, 2010 6:41am
good morning

shorted GU and EJ when they touched they're 50 EMA's on M15

would you hold for longer on GU as 4h PA is in favour of shorts - I think (right?)

cheers

tdeu
  • #31,207
  • Feb 5, 2010 6:45am Feb 5, 2010 6:45am
Good morning tdeu
" When the ship starts to sink, don't just pray. JUMP "
  • #31,208
  • Feb 5, 2010 6:47am Feb 5, 2010 6:47am
Quoting Gladis Night
Hello john and welcome, feel free to ask questions as answering them helps us all to understand better
Thanks, I will. I think the upcoming year is going to be a wild one. The downside is that sometimes when the market is going beyond crazy, some trading methods no longer work like in the past. The more help we can all provide and receive, the better we will be.

It is going to be interesting to say the least!
Read the entire thread BEFORE you ask questions!
  • #31,209
  • Feb 5, 2010 6:57am Feb 5, 2010 6:57am
Quoting tdeu
good morning

shorted GU and EJ when they touched they're 50 EMA's on M15

would you hold for longer on GU as 4h PA is in favour of shorts - I think (right?)

cheers

tdeu
I took the same trade, exited at 5687 (pivot support line). Just remember NFP in 30 mins, be careful.
  • #31,210
  • Feb 5, 2010 7:57am Feb 5, 2010 7:57am
Can you guys tell me how we loose 20,000 jobs and unemployment drops from 10% to 9.7%, is this some kind of new Obama math.....
Please ask questions and share your experiences with us all!
  • #31,211
  • Feb 5, 2010 8:02am Feb 5, 2010 8:02am
Quoting bkg102665
Can you guys tell me how we loose 20,000 jobs and unemployment drops from 10% to 9.7%, is this some kind of new Obama math.....
Its recession math, same that says recession is over
" When the ship starts to sink, don't just pray. JUMP "
  • #31,212
  • Feb 5, 2010 8:12am Feb 5, 2010 8:12am
*Tips Hat*

I live my life on computers and always try to assist others where I can through forums and such, but I DO so admire those that continually help when they do not need to!

Well done Sir!

I am here as someone I know has been doign very very well from your system and I have now invested some money in an account and I hope that they will continue to do well themselves and for me too!

I know that they are an active poster on these forums (though I shall not say who) and follow your system with passion and they directed me here to, to see how it all works.

I am an obsoloute beginer and much of the terminology here is way beyond me, but be assured, I shall return!

Lee
  • #31,213
  • Feb 5, 2010 8:20am Feb 5, 2010 8:20am
Quoting bkg102665
Can you guys tell me how we loose 20,000 jobs and unemployment drops from 10% to 9.7%, is this some kind of new Obama math.....
You might want to call it that. I like to call it government manipulation. Now, the media will take this and run with it and scare the living hell out of everyone.
Just digging in the trenches like everyone else!
  • #31,214
  • Feb 5, 2010 8:21am Feb 5, 2010 8:21am
Quoting leemonk
*Tips Hat*

I live my life on computers and always try to assist others where I can through forums and such, but I DO so admire those that continually help when they do not need to!

Well done Sir!

I am here as someone I know has been doign very very well from your system and I have now invested some money in an account and I hope that they will continue to do well themselves and for me too!

I know that they are an active poster on these forums (though I shall not say who) and follow your system with passion and they directed me here to,...
Welcome Lee, read the pdf and feel free to ask any questions
" When the ship starts to sink, don't just pray. JUMP "
  • #31,215
  • Feb 5, 2010 8:25am Feb 5, 2010 8:25am
Quoting bkg102665
Can you guys tell me how we loose 20,000 jobs and unemployment drops from 10% to 9.7%, is this some kind of new Obama math.....
Easy. Once an unemployed person runs out of unemployment benefits they're no longer counted in the 'official' unemployment rate. Truth is, the actual unemployment rate is 20%, or higher. There's a lot of hurt going on.
Hi, my name is Barry and you can keep your doctor...
  • #31,216
  • Feb 5, 2010 8:26am Feb 5, 2010 8:26am
Quoting Gladis Night
feel free to ask any questions
Okay...How old are you, really?
Hi, my name is Barry and you can keep your doctor...
  • #31,217
  • Feb 5, 2010 8:27am Feb 5, 2010 8:27am
Good MAE Cisco. I hope you are well today
" When the ship starts to sink, don't just pray. JUMP "
  • #31,218
  • Feb 5, 2010 8:27am Feb 5, 2010 8:27am
Quoting leemonk
*Tips Hat*

I live my life on computers and always try to assist others where I can through forums and such, but I DO so admire those that continually help when they do not need to!

Well done Sir!

I am here as someone I know has been doign very very well from your system and I have now invested some money in an account and I hope that they will continue to do well themselves and for me too!

I know that they are an active poster on these forums (though I shall not say who) and follow your system with passion and they directed me here to,...
Welcome to the thread! Grab a cup of coffee, open a demo account, read the pdf's on the first post, go through the classes at babypips.com (free). Then maybe in 6 months, you'll be ready to trade live money yourself. If you are new to trading, DO NOT START TRADING LIVE MONEY til you comfortable with the emotional side of trading. This method works 2 ways, either you will make a shit load of pips, or you'll get your ass handed to you and wonder WTF happened.

Welcome again, feel free to ask questions anytime!

EO
Just digging in the trenches like everyone else!
  • #31,219
  • Feb 5, 2010 8:30am Feb 5, 2010 8:30am
Quoting cisco
Easy. Once an unemployed person runs out of unemployment benefits they're no longer counted in the 'official' unemployment rate. Truth is, the actual unemployment rate is 20%, or higher. There's a lot of hurt going on.
Exactly right!
Just digging in the trenches like everyone else!
  • #31,220
  • Feb 5, 2010 8:31am Feb 5, 2010 8:31am
Quoting Gladis Night
Good MAE Cisco. I hope you are well today
Morning! I don't know yet whether it's good or not, I'll have to get back to you on that.
Hi, my name is Barry and you can keep your doctor...
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