Dislikedwho never loses malcomb??Ignored
I would really like to know??
pm me please....
DislikedMind sharing the trades and why you took , maybe Mag and I can evalualte them for you and give you pointers as to what went wrong.
We have all made mistakes , some learnt form them and some not. I forgot to set my +60 pip gj trade stop to be abd just got notification I was stopped out -50 . Lol
I forgot what a bitch gj can be have not traded her in a whileIgnored
DislikedI got distracted by the leadership debate here and heard my pricealarm, closed at BE. Ah well, am done for tonight could have had a few pips on this trade if I had set a SL to BE+.Ignored
DislikedI donīt took the trade but
thought for myself by reaching DP at 1.5393,
now cloggie is cashing in.
The politics, what a mess... but you had the right direction.
Iīm out for today, see you all tomorrowIgnored
DislikedYea I tried gy when i fist started out because when i was demoing it was giving me 15-20 pips at least 3 times a day. The first week I was live it gave me my first margin call. Aud/usd the same all of a sudden. That was my first main hit today. At 11:31 I soldfrom 9250 to 9272. Then on cable (which is the only pair I trade outside of the occasional aud/usd) at 15:05 I sold from 5386 to 5372 and at 16:55 I sold from 5355 to 5384, which really got under my skin.Ignored
Dislikedwell according to a few in here that never lose .... the days range was 1200 pip and they made every single one of them ...
GU looks like bear flag to me on 15. Waiting till late Asia I think to tradeIgnored
DislikedI think this may be an easy solution
It seems you sold :
1.5386 to 1.5372
1.5355 and stopped out 1.5384
Both of these seems to be in the US session today.
Is this correct ?
If so consider the daily range. GU is about 120 pip right now. It completed that as the US stock market opened. Once gu completes its daily range , if a down day I always consider selling tough as often it will reverse to upside to form a little flag on 15 min chart and forming wick on daily candle.Ignored
DislikedThe problem(s) are evident. For chart reading, I use the 1H and sometimes 4H to see which direction I should be trading for the day. I then look at the 5M and 15M charts to find and entry/exit position.I use the Pivot_v3, IBFX Daily Pivots, forexsignalszulutrade, and the moving averages of 365,200,144,89,55, and 34 as my indicators/ma. I think tose usually give good entry, but exit is another story for me.
I only expose 1.5% of capital and usually have only one order open, sometimes two. In the past I've always had my stop loss at 25 pips...Ignored
Dislikedyes. they were during the us session. Am I understanding you when you say that at the end of each session look at the range and be on the look out for trend reversals?Ignored