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EURUSD

  • #287,141
  • Aug 30, 2010 8:22am Aug 30, 2010 8:22am
Quoting jjam
The point of a SL is to limit your risk to a pre-determined amount. Managing your risk is fundamental to successful trading, as it is the only factor over which you really have any control.
You control your entry...that should say it all.

Entry is the key to trading not SL....I have my own money management system and I do not need to set a platform SL,..... Period!
  • #287,142
  • Aug 30, 2010 8:24am Aug 30, 2010 8:24am
Now see where it is at the close of hour
Attached Image
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #287,143
  • Aug 30, 2010 8:25am Aug 30, 2010 8:25am
As interesting as it has been to listen to you argue about SL, can we please get back to what's happening in the markets so we can come some money? :-)
  • #287,144
  • Aug 30, 2010 8:25am Aug 30, 2010 8:25am
Quoting ClasH
You control your entry...that should say it all.

Entry is the key to trading not SL....I have my own money management system and I do not need to set a platform SL,..... Period!
Hey guys please change the topic of SL..we clearly understand what you mean and enjoy the fight between bulls and bears..lets see who wins .... I m with bulls
  • #287,145
  • Aug 30, 2010 8:27am Aug 30, 2010 8:27am
Quoting ClasH
You control your entry...that should say it all.

Entry is the key to trading not SL....I have my own money management system and I do not need to set a platform SL,..... Period!
100% agree.
"your profit/loss is decided at your entry price". this is the statement posted in front of my screen.
  • #287,146
  • Aug 30, 2010 8:30am Aug 30, 2010 8:30am
Buy above 1.2715 TP: 1.2805

Sell below 1.2692 TP: 1.2627


SLs optional.
  • #287,147
  • Aug 30, 2010 8:34am Aug 30, 2010 8:34am
Bull setups in short timeframes 1/5min but trading under 50-day ma in longer ones. Name of the game may be pump and dump.

Need some momentum either way...
They think they are smarter than I am.
  • #287,148
  • Aug 30, 2010 8:35am Aug 30, 2010 8:35am
Quoting netrader06
Buy above 1.2715 TP: 1.2805

Sell below 1.2692 TP: 1.2627


SLs optional.
Hahahah, my 5 cents are sell below 1.2680...
  • #287,149
  • Aug 30, 2010 8:38am Aug 30, 2010 8:38am
This bullshit isn t tradeable ...…

Faky monday
  • #287,150
  • Aug 30, 2010 8:39am Aug 30, 2010 8:39am
Quoting Zendo
This bullshit isn t tradeable ...…
You said it
  • #287,151
  • Aug 30, 2010 8:42am Aug 30, 2010 8:42am
Quoting Zendo
This bullshit isn t tradeable ...…

Faky monday
You are right !

Today is the day for trading pairs CHF and JPY
  • #287,152
  • Aug 30, 2010 8:46am Aug 30, 2010 8:46am
I m out from my long..will take long again if broke 2724
  • #287,153
  • Aug 30, 2010 8:47am Aug 30, 2010 8:47am
Getting killed on EURUSD today on 5 min chart... pff

suppose i really shouldnt trade on a day with so little news... when will i learn?
  • #287,154
  • Aug 30, 2010 8:48am Aug 30, 2010 8:48am
Quoting Shah22
I m out from my long..will take long again if broke 2724
Entry and exit ?
  • #287,155
  • Aug 30, 2010 8:49am Aug 30, 2010 8:49am
Quoting Mercurius
Getting killed on EURUSD today on 5 min chart... pff

suppose i really shouldnt trade on a day with so little news... when will i learn?
Its not because of news....London is closed today, thats why its hard to trade. For me I am very careful on newsdays as those days are the real killers....just look at NFP days...pfff
  • #287,156
  • Aug 30, 2010 8:50am Aug 30, 2010 8:50am
Quoting ClasH
Entry and exit ?
Exit
  • #287,157
  • Aug 30, 2010 8:52am Aug 30, 2010 8:52am
Quoting Shah22
Exit
Haha I wanted to know your entry point and exit point, did you pull out at 1.2717-18 ?
  • #287,158
  • Aug 30, 2010 8:53am Aug 30, 2010 8:53am
Well Clash, I usually like big news days because they often provide lots of volatily in the market, which gives me pips

I know its because of the bank holiday, but since i only concentrate on EUR/GBP/USD i dont know enough about other pairs to trade those on a day like this.
  • #287,159
  • Aug 30, 2010 8:57am Aug 30, 2010 8:57am
Quoting ClasH
Haha I wanted to know your entry point and exit point, did you pull out at 1.2717-18 ?
No brother.. i take it at 2702 before hours ago..and exited at 2707 (just now)
  • #287,160
  • Aug 30, 2010 8:57am Aug 30, 2010 8:57am
Quoting Mercurius
Well Clash, I usually like big news days because they often provide lots of volatily in the market, which gives me pips

I know its because of the bank holiday, but since i only concentrate on EUR/GBP/USD i dont know enough about other pairs to trade those on a day like this.
wow dude...your mental haha...but if you are good at trading on newsdays I say props to you as most people are not!

Do you only trade news (fundamentals) ?
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