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  • #503,281
  • Jul 29, 2011 3:25am Jul 29, 2011 3:25am
Quoting Ravissek
Y but youre a pro.... I rly dont know where I must Put the SL..Everyday problem..
Hahaha nice avatar!!
  • #503,282
  • Jul 29, 2011 3:26am Jul 29, 2011 3:26am
Quoting Z3iz3i
Never ever use personal S/L, just learn to spot where other may have them.

It's a broker game right now.
for me, my psychological SL are always in Big numbers 4300 4350 4400 etc, i decide which one i want to close loss...
i just dont punch in those numbers in the platform hate being closed out prematurely....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #503,283
  • Jul 29, 2011 3:27am Jul 29, 2011 3:27am
Quoting Scalpaholic
I have a bad feeling about this support. I don't think it's going to break.

I just closed the 2 small trades I had for 6 pips and I'm going to bed, good luck everyone.
i don't know, the h4 chart says the 1.45xx top has reached a bearish divergence while in the past 24 hours, the h1 has shown a bearish divergence too while 30min shows something of a bearish gartley.. i feel that it will break

it might take a while to break, or a little news data
  • #503,284
  • Jul 29, 2011 3:27am Jul 29, 2011 3:27am
Quoting Pipbumper
For me the best is where I would like to put a SL before I trade, not after.
Well, exception is NFP days and some GBP news.

But i never use any kind of pre-programmable stuff for intraday trading.

I just hedge if i see trade going against, for me it is faster than close initial trade
They think they are smarter than I am.
  • #503,285
  • Jul 29, 2011 3:28am Jul 29, 2011 3:28am
In many cases, SL kills positions faster and more often than bad analysis/emotions. Many, even not experienced traders, often see that PA eventually goes in the direction they predicted, but for them it's all over - SL already has been hit.

Lower your $ per pip, give PA bigger space to breath. You don't have to use SL if you're an intraday trader and you babysit your positions, except for big news times. Tight and fixed SL is going to destroy your trading.
  • #503,286
  • Jul 29, 2011 3:28am Jul 29, 2011 3:28am
Quoting Sonofsin5
And the demo account # is ....
Sounds like:

http://4.bp.blogspot.com/_bqKdUhEqaW..._answers_3.jpg
The Thief of Wall Street
  • #503,287
  • Jul 29, 2011 3:29am Jul 29, 2011 3:29am
Quoting Ravissek
Hate stoplosses too.Just Open short and wait ....MY fckin 100 stoploss was closed by 108 move.This is why i hate stoplosses
stop loss placement is not problem, trade entry is
If you are new to Forex? Say Goodbye to your account!!
  • #503,288
  • Jul 29, 2011 3:29am Jul 29, 2011 3:29am
Quoting Z3iz3i
Well, exception is NFP days and some GBP news.

But i never use any kind of pre-programmable stuff for intraday trading.

I just hedge if i see trade going against, for me it is faster than close initial trade
i use that technique too only logical seeing my broker has no interest nor swap but it does have a fixed spread of 2 pips on EURUSD but i can bear with that lol...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #503,289
  • Jul 29, 2011 3:30am Jul 29, 2011 3:30am
Quoting Z3iz3i

I just hedge if i see trade going against, for me it is faster than close initial trade

I dont understand that...
Look Sharp/Trade Tight
  • #503,290
  • Jul 29, 2011 3:35am Jul 29, 2011 3:35am
Quoting redbeben
1.4309 later
a bit higher you can do it
  • #503,291
  • Jul 29, 2011 3:35am Jul 29, 2011 3:35am
Quoting jayjb
I only use stoploss for medium term trades, normal intraday scalps, i wait for the price to move 20pips in my favour before putting one at b/e +1

what if it moves to red zone and never comeback
  • #503,292
  • Jul 29, 2011 3:36am Jul 29, 2011 3:36am
arghhhhhh!!

i want mah 4250 dang it!

gimme ma money :@
  • #503,293
  • Jul 29, 2011 3:38am Jul 29, 2011 3:38am
cmon get out of this range and get a nice trend going. Daddy needs a new laptop!
We're all stories in the end. Just try to make it a good one.
  • #503,294
  • Jul 29, 2011 3:39am Jul 29, 2011 3:39am
Quoting Akube
arghhhhhh!!

i want mah 4250 dang it!

gimme ma money :@
If it gets to 1.4250 it will go much lower. So you choose, tp at .60 or wait for another 60 pips extra
  • #503,295
  • Jul 29, 2011 3:39am Jul 29, 2011 3:39am
I dont know, for me, even before I put a trade on I'm working on my stop. In otherwords, I'm trying to figure where it is I'm wrong. The actual entry is secondary to me.
Look Sharp/Trade Tight
  • #503,296
  • Jul 29, 2011 3:40am Jul 29, 2011 3:40am
Quoting Traderji
cmon get out of this range and get a nice trend going. Daddy needs a new laptop!
I need a laptop too ...
  • #503,297
  • Jul 29, 2011 3:41am Jul 29, 2011 3:41am
Quoting Traderji
cmon get out of this range and get a nice trend going. Daddy needs a new laptop!
You need a new laptop, me I need to feed my habit, it's called living and it's a habit I never intend to break.
I operate with clear definite rules, if I break them I lose BIG!
  • #503,298
  • Jul 29, 2011 3:42am Jul 29, 2011 3:42am
Quoting Pipbumper
If it gets to 1.4250 it will go much lower. So you choose, tp at .60 or wait for another 60 pips extra
lol the actual discussion is if it falls... will we be able to close today at 1.42... not 1.4250....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #503,299
  • Jul 29, 2011 3:43am Jul 29, 2011 3:43am
intraday chart...a close below 74/76 would/could open some more downside...
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 14 KB
Look Sharp/Trade Tight
  • #503,300
  • Jul 29, 2011 3:46am Jul 29, 2011 3:46am
4280 was always going to be a tough nut to crack tbh. Represents some quite important support.

With all the debt nonsense from Capitol Hill, the next few days represent some great opportunities to jump aboard the volatility train. Quick and nimble.

I am looking for a clean break of 4250 for the next leg. Patience.....

Once the dust has settled, I will be looking for medium term EU longs based on the Weekly TF. Max, Weekly close, downside for EU I will be expecting is 3650.
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