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  • #558,281
  • Nov 4, 2011 6:14am Nov 4, 2011 6:14am
Quoting cloggie
I don't follow retail invented cr@p, I only look at what the big boys look at and I never ever anticipate, I trade the 99.99% confirmed setups, fine I give up 5 or 10 pips, or even 20 at times, but my R/R ratio is staggering by doing that and I rarely get stopped out. Doing that does mean you give up the minor setups, but you just focus on the larger ones.

I have never looked at systems/strategy/tools here on FF, there is no point, nothing worth looking at.
Ill take that as a no. You really should get to know patterns. They can be very accurate and predictable. (although i have a feeling you wont)
  • #558,282
  • Nov 4, 2011 6:14am Nov 4, 2011 6:14am
Quoting fxkiller
SL now on BE entry at 65
sl on +10
  • #558,283
  • Nov 4, 2011 6:15am Nov 4, 2011 6:15am
Quoting Kowalczyk
Ill take that as a no. You really should get to know patterns. They can be very accurate and predictable. (although i have a feeling you wont)

I am a big pattern player, just not the retail kind.
  • #558,284
  • Nov 4, 2011 6:15am Nov 4, 2011 6:15am
I am seeing 1.388x mates. let watch and see
Maximizing your potentials!
  • #558,285
  • Nov 4, 2011 6:16am Nov 4, 2011 6:16am
Mr. P giving us a boost again here. Don't you love it how the Greeks are running the show this week.

It took them 2,000 years, but they are running Europe again. Just like in the past though, it won't last...


Let's see how the boys at 52 respond to this onslaught.
  • #558,286
  • Nov 4, 2011 6:16am Nov 4, 2011 6:16am
Quoting Alexone
Stop trading 1 lot with a £6k account. Believe me, been there done that, it didnt end well. No matter how good u are u will get busted.
I don't away trade one lot - normal is 0.25 but this was a mistake - trade 0.25 on risky and 1 on non risk.... thanks I agree
  • #558,287
  • Nov 4, 2011 6:17am Nov 4, 2011 6:17am
its going to break it
As Above, So Below
  • #558,288
  • Nov 4, 2011 6:19am Nov 4, 2011 6:19am
Quoting cloggie
uCAD

That's enough for me on that pair, let's see how 1.02 reacts.
  • #558,289
  • Nov 4, 2011 6:20am Nov 4, 2011 6:20am
1 lot on a 6k account.... that's exactly what i did in the beginning.... one wrong move on the third day, cost me 3.5k... it's pure suicidal...

Quoting Alexone
Stop trading 1 lot with a £6k account. Believe me, been there done that, it didnt end well. No matter how good u are u will get busted.
  • #558,290
  • Nov 4, 2011 6:22am Nov 4, 2011 6:22am
Quoting cloggie
Mr. P giving us a boost again here. Don't you love it how the Greeks are running the show this week.

It took them 2,000 years, but they are running Europe again. Just like in the past though, it won't last...


Let's see how the boys at 52 respond to this onslaught.
The pattern does not lie. Lol. Just kidding.
  • #558,291
  • Nov 4, 2011 6:22am Nov 4, 2011 6:22am
Quoting eddwel
1 lot on a 6k account.... that's exactly what i did in the beginning.... one wrong move on the third day, cost me 3.5k... it's pure suicidal...

Yup, get a few thousand trades in using your strategy, know your average loss, and adjust your size and stops so that you risk no more then 1% of your equity.
  • #558,292
  • Nov 4, 2011 6:23am Nov 4, 2011 6:23am
Quoting eddwel
1 lot on a 6k account.... that's exactly what i did in the beginning.... one wrong move on the third day, cost me 3.5k... it's pure suicidal...
I buy forex deliverables for my own company for many many years (10+) been spreading for a few years now... but I take on board what you say
  • #558,293
  • Nov 4, 2011 6:23am Nov 4, 2011 6:23am
Quoting matt9824
I don't away trade one lot - normal is 0.25 but this was a mistake - trade 0.25 on risky and 1 on non risk.... thanks I agree
There is no such thing as no risk. Otherwise u would have discovered the holy grail. Add 0.25 to a losing position if u have to, though many would say not to add to losing positions. U will still get to BE if u are right.
  • #558,294
  • Nov 4, 2011 6:25am Nov 4, 2011 6:25am
EU Always brings Greece in front line when fall in bad position.
Again Greece confidence vote. I am sure it will happen after NFP. Because they want hesitation after NFP time.

When EU suffered liquidity problem they showed a cause on Greece issue.
Definitely EU spread this shit to get a way for next time confidence restore. Bear boys should go to fk these stupids, i can't realize why they fear to go in hard line.

EU just buying time with a lot of rumors and shits, nothing more.
You cannot learn better without losing
  • #558,295
  • Nov 4, 2011 6:26am Nov 4, 2011 6:26am

Quoting matt9824
I buy forex deliverables for my own company for many many years (10+) been spreading for a few years now... but I take on board what you say
  • #558,296
  • Nov 4, 2011 6:26am Nov 4, 2011 6:26am
Quoting KiwiTrada
sell eu 3846 sl 3866 above monthly open 3858
sell brent oil 112 08 sl 112 28
added brent oil 112 17 sl 112 37

Usual trade plan blah blah
If you are new to Forex? Say Goodbye to your account!!
  • #558,297
  • Nov 4, 2011 6:29am Nov 4, 2011 6:29am
hai cloggie
could you show us how do u play the range breakout? hope to learn something from you.
  • #558,298
  • Nov 4, 2011 6:30am Nov 4, 2011 6:30am
Off topic but....

At 12.30gmt (in 1 hour) the usa release the Unemployment and Non Farms data - it is well forecasted to be down.

This will cause a 50-100 pip spike Down in the USD/CAD like the negative news caused a spike up like 10 minutes ago.

A risky trade as even a tight sl will endeavour major slipage... what your thoughts people??

endure i mean not endeavour!!!
  • #558,299
  • Nov 4, 2011 6:32am Nov 4, 2011 6:32am
Quoting fxkiller
SL now on BE entry at 65
same here, bought at 70. You got a better price
In other news: A ranger was trapped between a bull and a bear
  • #558,300
  • Nov 4, 2011 6:37am Nov 4, 2011 6:37am
Quoting cloggie

Let's see how the boys at 52 respond to this onslaught.

They are still hanging in there.

This is fun ain't it?
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