you mean scalp long? anyway I still thinks it goes down.
yes mate
lets hope for the best
- #340,882
- Dec 7, 2010 7:31am Dec 7, 2010 7:31am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #340,883
- Dec 7, 2010 7:33am Dec 7, 2010 7:33am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Great RR Bro... You'll be on your way to living la vida loca soon
BTW, got stopped for 20 pips on Eur/Jpy... Strangely she is very active the last 15 min... but hey, on to the next trade
COT: The precious data ignored
- #340,885
- Dec 7, 2010 7:34am Dec 7, 2010 7:34am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #340,886
- Dec 7, 2010 7:34am Dec 7, 2010 7:34am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #340,887
- Dec 7, 2010 7:34am Dec 7, 2010 7:34am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #340,888
- Dec 7, 2010 7:35am Dec 7, 2010 7:35am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
this is above the monthly high. take care.
And highs are meant to be broken
COT: The precious data ignored
- #340,889
- Dec 7, 2010 7:36am Dec 7, 2010 7:36am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #340,891
- Dec 7, 2010 7:37am Dec 7, 2010 7:37am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #340,893
- Dec 7, 2010 7:38am Dec 7, 2010 7:38am
- | Joined Aug 2009 | Status: "Protect yo neck"- WuTang Financial | 854 Posts
It seems possible now that the ECB is pulling a Helicopter Ben for the Euro now.
If the dx support gives way, I reckon the monthly pvp @3415 won't hold & eurusd will likely test 3622 level. Big IF tho.
Good luck my friend
- #340,897
- Dec 7, 2010 7:40am Dec 7, 2010 7:40am
- Joined Apr 2007 | Status: Trader | 3,055 Posts
The best thing that can happen to you is to find out where you're wrong.
- #340,898
- Dec 7, 2010 7:40am Dec 7, 2010 7:40am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
[quote=Maan Ch.;4226640]
It is something you are desperately lacking... Risk to Reward Ratio...
Money Management... Check the experienced traders here will always try to have atleast a reward to risk ratio of 1:2
This means I risk 10 pips to get 20 pips. This way you only need about a 35% success rate to be profitable (or something in that area!)
Go to babypips.com, might save your life, and maybe your account
Great RR Bro... You'll be on your way to living la vida loca soon
dear paw what is RR kindly explain as im a beginner over here
Money Management... Check the experienced traders here will always try to have atleast a reward to risk ratio of 1:2
This means I risk 10 pips to get 20 pips. This way you only need about a 35% success rate to be profitable (or something in that area!)
Go to babypips.com, might save your life, and maybe your account
@pawpaw1000 on Twitter
- #340,899
- Dec 7, 2010 7:41am Dec 7, 2010 7:41am
- | Additional Username | Joined Aug 2010 | 1,745 Posts
- #340,900
- Dec 7, 2010 7:43am Dec 7, 2010 7:43am
[quote=pawpaw1000;4226655][quote=Maan Ch.;4226640]
It is something you are desperately lacking... Risk to Reward Ratio...
Money Management... Check the experienced traders here will always try to have atleast a reward to risk ratio of 1:2
This means I risk 10 pips to get 20 pips. This way you only need about a 35% success rate to be profitable (or something in that area!)
thx friend i'll certainly have a look on that
It is something you are desperately lacking... Risk to Reward Ratio...
Money Management... Check the experienced traders here will always try to have atleast a reward to risk ratio of 1:2
This means I risk 10 pips to get 20 pips. This way you only need about a 35% success rate to be profitable (or something in that area!)
thx friend i'll certainly have a look on that