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  • #485,741
  • Jul 11, 2011 9:00am Jul 11, 2011 9:00am
crazy of the craziest bear in Monday breaking through all those daily , weekly & monthly tls & lots many srs, next logical destination 3971 or bounce to break 4109 to retrace more before .so far bad trades non-joining the bear yet, lets see next .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #485,742
  • Jul 11, 2011 9:00am Jul 11, 2011 9:00am
Quoting aizazk
Some nice trades there, when you mention "compounding factor 1.2", what do you mean? Is that 1.2 standard lots?
I compound trade size during the month. 10 % account growth= 10 % increase in trade size .
" Never let the past hold the future to ransom "
  • #485,743
  • Jul 11, 2011 9:01am Jul 11, 2011 9:01am
Quoting kiwidoc
Not happy but okay. Let's see if this retrace will take us back to 1.41.
Hi kiwi, did you get out of the G/C trade safely?
  • #485,744
  • Jul 11, 2011 9:03am Jul 11, 2011 9:03am
Quoting AllyB
thanks for the conformation that the level i selected this morning are exactly what you have! good trades there
Changed the levels twice today , it was a bit messy at one stage. Best is to look at the patterns when in doubt.
" Never let the past hold the future to ransom "
  • #485,745
  • Jul 11, 2011 9:04am Jul 11, 2011 9:04am
Seriously !

this is the best business in the world

thank you pip god!
  • #485,746
  • Jul 11, 2011 9:05am Jul 11, 2011 9:05am
Quoting Larseg
Seriously !

this is the best business in the world

thank you pip god!


Is it me... or does it seem like pa is moving really slow?

Maybe Just got to use to the volatility last few weeks
  • #485,747
  • Jul 11, 2011 9:05am Jul 11, 2011 9:05am
Quoting Gleneagles
I compound trade size during the month. 10 % account growth= 10 % increase in trade size .
Interesting strategy - I have yet to practice your methods, as it seems to bounce within those ranges just fine. Does it ever bite in the azz on bad days, or are probabilities of winning trades like 90% (with your SL 20 and TP around 12)?

Are those levels 15 pips apart?
Thanks
Trends, breakouts, price action.
  • #485,748
  • Jul 11, 2011 9:06am Jul 11, 2011 9:06am
Hi guys,

what do you think about hedging a bad eurusd position opening an US dollar index order?

Thank you
  • #485,749
  • Jul 11, 2011 9:07am Jul 11, 2011 9:07am
Quoting Chicky
Has bear move started yet?

"no"
If you are new to Forex? Say Goodbye to your account!!
  • #485,750
  • Jul 11, 2011 9:07am Jul 11, 2011 9:07am
Quoting Gleneagles
Changed the levels twice today , it was a bit messy at one stage. Best is to look at the patterns when in doubt.
they were messy when i signed on. took me forever to set. as you know candle patterns are my weakness but getting better there.
  • #485,751
  • Jul 11, 2011 9:08am Jul 11, 2011 9:08am
Quoting Venice
Hi kiwi, did you get out of the G/C trade safely?
Yeah 2nd lot was stopped out at b/e (should have taken profit when it was at 1.35ish but was greedy..). 1st lot only got 40 pips.

Not unhappy coz of that V. Never been one to blame the broker but FXCM AT today was really fishy. Bought at market but order didn't fill. Filled 3 hours later at the price that was there 3 hours earlier. Very buggy. Called them but got the run around. Decided to leave it at that coz it was only a small sized lot. They's been real good so far with tight spreads. From their side they said it was my internet connection?? I'm no computer expert but don't see how that can affect what happened today. Will definitely be looking for a new broker when I have time this weekend to do some reserach.
  • #485,752
  • Jul 11, 2011 9:09am Jul 11, 2011 9:09am
Quoting dptrader
what do you think about hedging a bad eurusd position opening an US dollar index order?
Only hedge a trader is allowed to have is in the garden

@Kiwidoc, it's in the name: fekscam
  • #485,753
  • Jul 11, 2011 9:09am Jul 11, 2011 9:09am
Quoting Larseg
Seriously !

this is the best business in the world

thank you pip god!
lol...
Look Sharp/Trade Tight
  • #485,754
  • Jul 11, 2011 9:10am Jul 11, 2011 9:10am
Quoting KiwiTrada
"no"
Whatcha reckon about cable, filled my stop @5910, sl 5950 if the bugger knocks that one out I'll never trade again
Don't get mad, get even!
  • #485,755
  • Jul 11, 2011 9:10am Jul 11, 2011 9:10am
Quoting PayTheLimit
lol...
nice exit btw
  • #485,756
  • Jul 11, 2011 9:10am Jul 11, 2011 9:10am
Quoting Hawk2
Once again alot of people are trying to pick the bottom.

Euro has been VERY short since the open, let the currency tell you when it wants to reverse, stop guessing.
Love this post..
  • #485,757
  • Jul 11, 2011 9:12am Jul 11, 2011 9:12am
Quoting darimik
nice exit btw
by the skin of my teeth, would have been much easier just to short it there...., but unlike lots of people here, I dont have a crystal ball....
Look Sharp/Trade Tight
  • #485,758
  • Jul 11, 2011 9:12am Jul 11, 2011 9:12am
Quoting Mr. Aldi
Only hedge a trader is allowed to have is in the garden

what?? :-D
  • #485,759
  • Jul 11, 2011 9:13am Jul 11, 2011 9:13am
Quoting KiwiTrada
"no"
Very bearish trend
Once scalper always scalper
  • #485,760
  • Jul 11, 2011 9:14am Jul 11, 2011 9:14am
Quoting aizazk
Interesting strategy - I have yet to practice your methods, as it seems to bounce within those ranges just fine. Does it ever bite in the azz on bad days, or are probabilities of winning trades like 90% (with your SL 20 and TP around 12)?

Are those levels 15 pips apart?
Thanks
Levels are 20 pips apart.
Winning ratio depends on how much effort and screentime you put in.
Key is to be consistent even if it is 20-30 pips /day , it adds up quickly.
" Never let the past hold the future to ransom "
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