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EURUSD

  • #414,881
  • Mar 29, 2011 7:02am Mar 29, 2011 7:02am
It's the bigger Stop which I meant. Bigger stops & bigger gains.


Quoting qwertymyfx
yeah, but i wouldn't say it's more risk. bigger SL of course, but the risk all depends on RR ratio. So essentially it's the same.
"As Kids we believe Anything is Possible; the Trick is to never forget it!"
  • #414,882
  • Mar 29, 2011 7:03am Mar 29, 2011 7:03am
Think about this.
The eur officials said they would do anything to protect the eur.
Anyone heard the saying "TALK IS CHEAP"

Wish i could talk the value of my account up lol.

The more members talk bull sentiment for interest rates the harder it pushes the currency up .

Hints in speeches can be worth 100+ pips especially unexpected ones.
making green pips large and red pips small this is my goal.
  • #414,883
  • Mar 29, 2011 7:03am Mar 29, 2011 7:03am
Quoting GreenPipz
Short EU at 1.4078, tp only scalp for 20pips..
R:R is kinda funky there man! Careful. I don't think you are going to be wrong just trading with R:R below 1:1 or so is the reason most equity curves point down.
  • #414,884
  • Mar 29, 2011 7:03am Mar 29, 2011 7:03am
Quoting teemo
It's the bigger Stop which I meant. Bigger stops & bigger gains.
Yep.

Also, because the gains are bigger, it means the spread will eat less into them.

So the risk is less, hehe.

Especially compared to scalpers.
  • #414,885
  • Mar 29, 2011 7:04am Mar 29, 2011 7:04am
Quoting paul1
Think about this.
The eur officials said they would do anything to protect the eur.
Anyone heard the saying "TALK IS CHEAP"
Actions speak louder than words.
  • #414,886
  • Mar 29, 2011 7:04am Mar 29, 2011 7:04am
Quoting qwertymyfx
totally agree man.

too often people ignore weekly and monthly, yet they're the most powerful.

in fact, i would go as far as to say, it's possible to trade just off Monthly charts using SR.

You sir, are wise.
  • #414,887
  • Mar 29, 2011 7:06am Mar 29, 2011 7:06am
Ok Sir. Whatever makes you happy my Friend. Good Luck to you!

Quoting qwertymyfx
Yep.

Also, because the gains are bigger, it means the spread will eat less into them.

So the risk is less, hehe.

Especially compared to scalpers.
"As Kids we believe Anything is Possible; the Trick is to never forget it!"
  • #414,888
  • Mar 29, 2011 7:07am Mar 29, 2011 7:07am
Quoting drumdude
You sir, are wise.
Cheers man.
  • #414,889
  • Edited 7:13am Mar 29, 2011 7:10am | Edited 7:13am
Quoting drumdude
R:R is kinda funky there man! Careful. I don't think you are going to be wrong just trading with R:R below 1:1 or so is the reason most equity curves point down.
thank you for your advise
already move stoploss to +1 , risk free now, hope hit my scalping TP.

update:
finally hit, not bad scalping 20 pips only for 30 minutes in front of the computer.
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 20 KB
  • #414,890
  • Mar 29, 2011 7:10am Mar 29, 2011 7:10am
EU undecided right now.
  • #414,891
  • Mar 29, 2011 7:11am Mar 29, 2011 7:11am
Quoting teemo
Ok Sir. Whatever makes you happy my Friend. Good Luck to you!
You too man.
  • #414,892
  • Mar 29, 2011 7:11am Mar 29, 2011 7:11am
Quoting paul1
Think about this.
The eur officials said they would do anything to protect the eur.
Anyone heard the saying "TALK IS CHEAP"

Wish i could talk the value of my account up lol.

The more members talk bull sentiment for interest rates the harder it pushes the currency up .

Hints in speeches can be worth 100+ pips especially unexpected ones.

the first rumour was a few weeks back 11th March. I remember this pair was going down it was around 13750 ish at the time and Old Trichet came out with we might raise rates rumour. It rocketed on that 100 pips straight away and has been going ever since until last thursday when things have finally turned a little sour.
rat
  • #414,893
  • Mar 29, 2011 7:12am Mar 29, 2011 7:12am
Quoting drumdude
You sir, are wise.
P.S. Takes a wise man to recognise folk of similar ilk.
  • #414,894
  • Mar 29, 2011 7:12am Mar 29, 2011 7:12am
Quoting T@rantula
Also short on GU...looking for 5950 s/l 6070

4070>4050>4020 for EU

Yep, in green so far.
Closed GPBUSD + 65 pips
  • #414,895
  • Mar 29, 2011 7:13am Mar 29, 2011 7:13am
Quoting pepper
cloggie cloggie your the man if you can't do it no one can.

cloggie reminds me of Chuck Norris
Don't see you posting any trades or charts... last chart was posted on the 14th July 2010. Don't see you adding any worthwhile content to any of the threads... All I see is posts like -

Quoting pepper
lots of laughs today.
Quoting pepper
Your such a wanker.
Quoting pepper
Be very careful.
The list goes on and on and on and on.

You are the #1 contributor to FF. Please keep up the good work
  • #414,896
  • Mar 29, 2011 7:13am Mar 29, 2011 7:13am
This pair deserves to be lower in my opinion, the pound has been lackluster for a while going nowhere as its not as manipulated news wise as much as this pair.
rat
  • #414,897
  • Mar 29, 2011 7:15am Mar 29, 2011 7:15am
Quoting rattyo
This pair deserves to be lower in my opinion, the pound has been lackluster for a while going nowhere as its not as manipulated news wise as much as this pair.
The pound has been very good for trading these weeks.
I dont see EU manipulated by the news. Its all before your eyes on the charts.
  • #414,898
  • Mar 29, 2011 7:17am Mar 29, 2011 7:17am
M5 just made a new low.
  • #414,899
  • Mar 29, 2011 7:17am Mar 29, 2011 7:17am
Quoting GreenPipz
thank you for your advise
already move stoploss to +1 , risk free now, hope hit my scalping TP.

update:
finally hit, not bad scalping 20 pips only for 30 minutes in front of the computer.
Well played

Free trades are good trades!!!!
  • #414,900
  • Mar 29, 2011 7:22am Mar 29, 2011 7:22am
Quoting T@rantula
The pound has been very good for trading these weeks.
I dont see EU manipulated by news. Its all before your eyes on the charts.

EU its totally manipulated what planet are you living on!

I think its hallarious every time there is some more dud news to spike it up.
The Germans and French are desperate to stop this currency from going under eventually it will go but they can't admit they are wrong

Hanging onto a losing trade its a bit like and not cutting your losses.
rat
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