Hero Traders Live to see their Accounts Die!
USD/CAD Trading Room 470 replies
EUR/USD Trading Room 328 replies
Do The Trading Room 20 replies
DislikedHahaha, ok mon, I will consider dat! Took me awhile to learn to hold my positions, as like you, I was a scalper, or started out scalping. I however found that if left my trades with stop and limit and walked away the results were better and far less emotions involved, ....Ignored
DislikedCool thanks! I would certainly feel a lot more irie if you did
Yeah ive been doing stops and limits and it works beautifully on demo! Not as much luck on live but i know nerves and emotions get in the way.
Wish i had gotten on to that 100pip drop at newstime.. ah well we move on... channeling a bit now and dont know if still retracing an will continue short...Ignored
DislikedHahaha, in that case its a must do! Yes, I know what you mean. For that reason my eyes are mostly fixed on price and pips and not my profit/account. And as pathum said, forget your losses quickly and your wins even quicker.
So looking on GU now and seeing that two levels of resistance for continuation...The weekly low at 1.5709 and breach level at 1.5768. But we are heading for our daily bear targets, which we may hit first and then seek retrace, or we may retrace from the current level.Ignored
DislikedMy weekly low is at 1.5697... Wonder why its different for you? Ive just fibbed the high and low of prev weeks candle... high 1.5999, low 1.5697...Ignored
DislikedYeah - well im just going by the candle my platform gives me on the weekly chart. Or do you fib it on a different chart?Ignored
DislikedI put chart timeframe on Weekly and fib a single candle. If i go to daily it shows low of 2nd as being 1.5697, so not sure why yours is different!Ignored
DislikedYeah not a huge big deal - just annoying if were comparing notes and levels and its different! Maybe its a one off... Good luck today :-)Ignored