2 Crazy Days On EUR/USD - My Trade Log | Forex Factory

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2 Crazy Days On EUR/USD - My Trade Log

  • #1
  • First Post: Feb 18, 2010 6:21pm Feb 18, 2010 6:21pm
I was caught by surprise twice, the sudden spike two days ago and the sudden drop today because of the Fed discount rate hike,


http://img203.imageshack.us/img203/5160/15333529.png



I guess I'm lucky to be alive still... please critique my trading, guys.


http://img28.imageshack.us/img28/9111/traded.png
  • #2
  • Feb 18, 2010 6:39pm Feb 18, 2010 6:39pm
it appears you are trading without a stop, dangerous unless you are trading at a very very small risk per trade.
  • #3
  • Feb 18, 2010 7:03pm Feb 18, 2010 7:03pm
wow sherry..becareful...
  • #4
  • Feb 18, 2010 7:05pm Feb 18, 2010 7:05pm
Quoting magnumfreak
it appears you are trading without a stop, dangerous unless you are trading at a very very small risk per trade.
I know it's dangerous, this is my first experience with such acute volatility.

How many pips stop do you recommend as a standby?
  • #5
  • Feb 18, 2010 7:52pm Feb 18, 2010 7:52pm
what do you mean standby? a stop??? IMFHO never risk more than 1% on any trade. I sometimes do a 1.5 % but that is just because I can but yeah seriosly you are leveraging too much.
Its all in the mind.
  • #6
  • Feb 18, 2010 8:08pm Feb 18, 2010 8:08pm
Quoting Sherry
I was caught by surprise twice, the sudden spike



I guess I'm lucky to be alive still... please critique my trading, guys.


http://img28.imageshack.us/img28/9111/traded.png
no surprise.
where is your stop loss?
you are talking too small profit and leting the loser run.
  • #7
  • Last Post: Feb 19, 2010 1:28am Feb 19, 2010 1:28am
Whats your trading system- trading edge?
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