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EURUSD

  • #415,681
  • Mar 30, 2011 7:19am Mar 30, 2011 7:19am
Quoting key4success
I never lost due to my trading as much as I lost due to SL...So I now never use SL
SL + no hedging = legal way to transfer your money to the broker.
  • #415,682
  • Mar 30, 2011 7:22am Mar 30, 2011 7:22am
Quoting Larseg
I am quite confident sisse
bringing in G7 meeting and scaling out
lol. good luck mate.

I have been taking crumbs on both sides on the pair...kind of annoyed in my case as below 70 ticks noisy real range except in the extremes is hardly the best playing field for my trading style.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #415,683
  • Mar 30, 2011 7:22am Mar 30, 2011 7:22am
Quoting attila
SL + no hedging = legal way to transfer your money to the broker.
very funny
rat
  • #415,684
  • Mar 30, 2011 7:23am Mar 30, 2011 7:23am
Quoting attila
SL + no hedging = legal way to transfer your money to the broker.
legal but silly.
Enter Signature
  • #415,685
  • Mar 30, 2011 7:23am Mar 30, 2011 7:23am
Quoting rattyo
very funny
you focus where to set you SL, i'll focus on TP. different mind set. quick example: last night i made money both ways while sleeping.
  • #415,686
  • Mar 30, 2011 7:24am Mar 30, 2011 7:24am
Quoting rattyo
very funny
he's gotta be joking.
Enter Signature
  • #415,687
  • Mar 30, 2011 7:25am Mar 30, 2011 7:25am
Quoting vosterfxandy
he's gotta be joking.
not joking. been trading like this for the last 2 years. however i'm not going to sit here explaining my strategy. i'll just say it doesn't mean i don't close trades at a loss, just to make some of you feel better.
  • #415,688
  • Mar 30, 2011 7:27am Mar 30, 2011 7:27am
Quoting attila
not joking. been trading like this for the last 2 years. however i'm not going to sit here explaining my strategy.
ok, here's a question. just answer me this please.

On average, what is your Reward : Risk ?
Enter Signature
  • #415,689
  • Mar 30, 2011 7:29am Mar 30, 2011 7:29am
Quoting vosterfxandy
ok, here's a question. just answer me this please.

On average, what is your Reward : Risk ?
i'll answer you this. profit is profit. if i see a trade and i have the spread i take it. i don't use any r/r. if i think the trade is good i hold it for its final TP point. if it moves against me temporarily, i trade the other way thus holding both sides of the trade. brokers must hate me.
  • #415,690
  • Mar 30, 2011 7:29am Mar 30, 2011 7:29am
Quoting key4success
10 accounts, I guess...
Keep on going ... then! Good luck!
  • #415,691
  • Mar 30, 2011 7:31am Mar 30, 2011 7:31am
Quoting vosterfxandy
ok, here's a question. just answer me this please.

On average, what is your Reward : Risk ?

I do it all the time

currently have a short running on EURGBP and a long

the short is the trade I want but as soon as I took the trade its was retracing i can see where it is going. if ut carrys on going through where it is now Ill close the short and just leave this long running.
rat
  • #415,692
  • Mar 30, 2011 7:32am Mar 30, 2011 7:32am
Quoting key4success
I never lost due to my trading as much as I lost due to SL...So I now never use SL
Very nice and well done.

Send me a PM or give us an update on the thread when your tick size reach above $25 a tick to learn from you how to manage a small few dozen of thousand dollars drawdown while you wait to turn around in your favour...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #415,693
  • Mar 30, 2011 7:33am Mar 30, 2011 7:33am
Quoting rattyo
I do it all the time

currently have a short running on EURGBP and a long

the short is the trade I want but as soon as I took the trade its was retracing i can see where it is going. if ut carrys on going through where it is now Ill close the short and just leave this long running.
exactly. the point is don't get paralyzed and watch the trade moving against it. do something about it. question for SL worshipers: how many times did you have a SL taken out only to see the trade move to your TP later? anyway. i'm done with this. people just don't get it.
  • #415,694
  • Mar 30, 2011 7:35am Mar 30, 2011 7:35am
Quoting key4success
I never lost due to my trading as much as I lost due to SL...So I now never use SL

Can i be so bold to ask witch bucket shop are you working for?
  • #415,695
  • Mar 30, 2011 7:37am Mar 30, 2011 7:37am
Shorted @ 4087...monitoring it going for 4020>3980 s/l 50 pips
  • #415,696
  • Mar 30, 2011 7:38am Mar 30, 2011 7:38am
Quoting attila
exactly. the point is don't get paralyzed and watch the trade moving against it. do something about it. question for SL worshipers: how many times did you have a SL taken out only to see the trade move to your TP later? anyway. i'm done with this. people just don't get it.

a bloke asking on entrys this morning very hard takes a lot of charts experince to understand.
but now the EURGBP short is looking good the long I have closed .
its seem to be up against resistance which should see EURUSD come down

Im long instead on usdchf as i like the chart better than eurusd short very choppy of late
rat
  • #415,697
  • Mar 30, 2011 7:39am Mar 30, 2011 7:39am
swissy looks cleaner long than a euro short to me lots of noise.
rat
  • #415,698
  • Mar 30, 2011 7:40am Mar 30, 2011 7:40am
Quoting T@rantula
Shorted @ 4087...monitoring it going for 4020>3980 s/l 50 pips
gd entry....
  • #415,699
  • Mar 30, 2011 7:40am Mar 30, 2011 7:40am
Quoting rattyo
a bloke asking on entrys this morning very hard takes a lot of charts experince to understand.
but now the EURGBP short is looking good the long I have closed .
its seem to be up against resistance which should see EURUSD come down

Im long instead on usdchf as i like the chart better than eurusd short very choppy of late
i didn't look at eurgbp, so i don't know. but while a lot of people focus on entries, i don't care much about them because they are very hard to get perfect. the market moves up/down towards your target. if you got the trend right, there is nothing to fear.
  • #415,700
  • Mar 30, 2011 7:41am Mar 30, 2011 7:41am
Quoting T@rantula
Shorted @ 4087...monitoring it going for 4020>3980 s/l 50 pips
with ya on this one.. lets enjoy it

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