We have 3 active positions and i will wait to see what will happen..
Petar
Petar
"Buy on fear, sell on greed !!!
The ART of trading by Petar_Serbia
- #522
- Feb 25, 2011 6:19am Feb 25, 2011 6:19am
BigMike,
You're right! 2% of the account is not 8%, thus opening an 8% trade it means 4 times the risk! And if it goes against you it can shred your account literally, specially if people use 100:1 and bigger leverages! I should measure my words better.
New people in Forex should start by never going beyond 2%. At the same time, they should also start using small leverages and not go straight to the 500:1 where the math says you'll get rich over night!
But setting mini goals at round figures, pivot points, and other S/R lines can...
Thanks for the clarification! Two thumbs up !
I do the same too when there is some retracement on my long term trades.
If all indies are still in line and there is no other pair that I want to trade at that moment, I load it up a notch and I consider that new position as an independent trade with 2% limit on that same pair.
It's mysterious, as Petar said in previous posts, I can see price action on long term and wait till the charts "speak" to me. I have the eye for long term. But boy, do I stink on short term ! I need more training.
That is why I'm here.
Hmm... That would be a great infomercial: Charts Eye Trainer !!!
Pip it Up!
BigMike
We have 3 active positions and i will wait to see what will happen..
Petar
EUR is really hurting bad! Can you talk to the people you know in the forex interbank tech. support and make it go up? Thanks!
[it looks like finally some steam is coming out of this big move.
and UP it goes and hopefully all the way to TP!] 
Can you comment on these 2 pairs?
AUSUSD just broke above the channel, already tested it once and looks like is going up.
USDCAD is breaking down some major support!Still in the previous channel, it crossed now 0.9800 and moving down.
Any of them look good to you (for next week)?
Cheers!
- #525
- Feb 27, 2011 8:18am Feb 27, 2011 8:18am
- | Commercial User | Joined May 2009 | 5,751 Posts
"Buy on fear, sell on greed !!!
- #528
- Feb 28, 2011 2:33am Feb 28, 2011 2:33am
- | Commercial User | Joined May 2009 | 5,751 Posts
"Buy on fear, sell on greed !!!
damed SL!- #531
- Feb 28, 2011 4:52am Feb 28, 2011 4:52am
- | Commercial User | Joined May 2009 | 5,751 Posts
"Buy on fear, sell on greed !!!
- #532
- Feb 28, 2011 5:22am Feb 28, 2011 5:22am
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
Hello guys,
This is my last setup wich i post live here...I got some mails where guys told me that all my setups are on some comercial sites..I can post at end of week my setups and that is all,than you will know history results becouse that is important for traders.Also i think you have good material for learning.I am also very busy with my buissnese in my country and also with my students.
[size=3][font=System]Once again,for succesful trading in Forex you need First- Knowledge,Second...
i always enjoyed your analysis.
anyways, thanks for your posts here.
good trades, my friend! rock on!
meine augen sind die sterne
, man there are some real slimy pricks out there in the FOREX world
- #539
- Feb 28, 2011 6:53am Feb 28, 2011 6:53am
Hi Petar,
thank you very much for all your effort here, we all have learned a lot from you and want to continue. Please post your setups and materials further, whatever and whenever they are. It's a pity that we cannot go w/ you live. Once more time ... thank you my friend
thank you very much for all your effort here, we all have learned a lot from you and want to continue. Please post your setups and materials further, whatever and whenever they are. It's a pity that we cannot go w/ you live. Once more time ... thank you my friend
- #540
- Feb 28, 2011 7:45am Feb 28, 2011 7:45am
Hello guys,
This is my last setup wich i post live here...I got some mails where guys told me that all my setups are on some comercial sites..
Petar
i would say maybe even thousand.look at the bright side - there are many people whom you really helped - i always think only about it.
good luck my friend
cannarek
ps.on the second thought - what is the diffrence between posting live and post factum - i mean regarding the charges your charts are not yours. take care Petar!