What broker are we using?
Because FXDD and FXCM give different signals via the TDI as to right now or a little bit ago on EU, FXCM said eys as it crossed. FXDD said NO.
also continuting to reread and came across this..
"
Quote:
Originally Posted by eelfranz http://www.forexfactory.com/images/buttons/viewpost.gif
I never knownly take a draw back of 40-50 pips even on the 4hr. I generally exit at 10-15 pips to keep my profit and I'll re-enter when it turns back. If it happens when I'M SLEEPING... SO WHAT ... I never know about it... S/L at last HH or LL. It turns out in my favor most of the time. I lose about 2 trades out of 14-16 trades. I can live with that. I choose my trades carefully making sure they meet the entry rules spot on... and pass on the iffy ones and go hunt other charts.
[FONT=Comic...
Message hidden: eelfranz is on your Ignore List.
Aha!!!!............ BigE you have to teach us your money management techniques.... 'cause the devil in details!
Taking 15 pip profits?.... That's new to me.
OK.... that's a HUGE game changer. I've been sitting in a trade till the actual TDI signal. My Daily trades have been mostly loosers.... after being winners at one time!
The key to profitability is early profit taking... and then reentering.... am I right?
More MM details please!!! Big thanks "
Because FXDD and FXCM give different signals via the TDI as to right now or a little bit ago on EU, FXCM said eys as it crossed. FXDD said NO.
also continuting to reread and came across this..
"
Quote:
Originally Posted by eelfranz http://www.forexfactory.com/images/buttons/viewpost.gif
I never knownly take a draw back of 40-50 pips even on the 4hr. I generally exit at 10-15 pips to keep my profit and I'll re-enter when it turns back. If it happens when I'M SLEEPING... SO WHAT ... I never know about it... S/L at last HH or LL. It turns out in my favor most of the time. I lose about 2 trades out of 14-16 trades. I can live with that. I choose my trades carefully making sure they meet the entry rules spot on... and pass on the iffy ones and go hunt other charts.
[FONT=Comic...
Message hidden: eelfranz is on your Ignore List.
Aha!!!!............ BigE you have to teach us your money management techniques.... 'cause the devil in details!
Taking 15 pip profits?.... That's new to me.
OK.... that's a HUGE game changer. I've been sitting in a trade till the actual TDI signal. My Daily trades have been mostly loosers.... after being winners at one time!
The key to profitability is early profit taking... and then reentering.... am I right?
More MM details please!!! Big thanks "