anyway i will continue this "Scalping" (seems to be a bad word) for the next week. I will let you all know the outcome with stats and charts stuff
Its probably just a lucky day.
Ciao
Its probably just a lucky day.
Ciao
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Re: EurUsd short term 15 replies
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Dislikedshorting from here would be too slow going down.. we really do need 3440 i thinkIgnored
DislikedNot balls of steel, just the ability to switch off the computer and run a few marathons to forget.Ignored
DislikedAnd the worst thing about this is that its hard to sleep at night if you got a trade running (well thats me at just a 1 pound a pip) imagine if you have a large account with 10 pounds a pip. You will probably wake up one morning to see you are down 600 poundsIgnored
Dislikedi know that eurusd doesn't always obey fib-levels as well as other pairs do, but i'd like to hear your opinion on 1.36189 (61,8% from 1.38176 to 1.34629). is this 61.8% if not respected a number to keep in mind for the future, even if we go down first? is it possibly too much emphasis i put on fibo?Ignored
Dislikedi mainly just look at history of support/resistances. 3440 being the breakdown levelIgnored
Dislikedto me, that sounds too risky. you're using big lots is because you're dealing with play money, which takes the emotion aspect out of trading. if you really want to learn and experience real trading, then go open a micro or mini account.Ignored
DislikedYou are right I would not do that. But maybe this is different.
Maybe the difference is that there is something like 99% chance of hitting 2-4 pips in 1 minute not matter what direction trade is going in ? (the horse on the hand has alot less chance)
I had 3K in my demo account this morning, I started using this strategy and its upto to 8k.
Maybe its a lucky day ...Ignored
DislikedWell actually the news from Mr. Bernanke were fine and beatiful but as i can see the reaction is not as many people suppose . So i think we will go more down for today. :nerd: (maybe im wrong ) ...mmhIgnored
DislikedDepends on the win ratio. If you win 95% of the time, yes. If the horse you bet has won 90% of the time I'd throw down $100 to win $20. Everyone has build their own system, and the objective is profit.Ignored