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  • #567,361
  • Nov 29, 2011 12:40pm Nov 29, 2011 12:40pm
Quoting hindustani
time to hit the bed, night guys
Uff... If I hit that weekly % in my account I would take a month(s) off trading....

Now rinse and repeat with size and you will be retired in no time.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #567,362
  • Nov 29, 2011 12:40pm Nov 29, 2011 12:40pm
Quoting forexings
Actually i don't understand what you want to say.
I said: market had enough chance for around 50 pips gain but gambling for 100+

You are describing me if you are claiming for 50 pips
100+ pips risk? it was 10 pips risk only 15 at max was more than enough. for 50 pips gain. that was a good r:r.
  • #567,363
  • Nov 29, 2011 12:41pm Nov 29, 2011 12:41pm
Quoting ibpo
every Adviser is born from others command

example teachers teaching then students become commanders in military school
One day student can beat his teacher. Can those EA stuffs?
It's worthless without command.
You cannot learn better without losing
  • #567,364
  • Nov 29, 2011 12:43pm Nov 29, 2011 12:43pm
Tomorrow "Non-Farm Employment Change" ?
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  • #567,365
  • Nov 29, 2011 12:43pm Nov 29, 2011 12:43pm
Quoting Yuchen
so ambitious !!! did you enter your long at 1.32XX level already?
no i have 2 positions at 1.3320
When life gives you lemons, make lemonade
  • #567,366
  • Nov 29, 2011 12:44pm Nov 29, 2011 12:44pm
Quoting cloggie
Just because you can't see it, doesn't mean they aren't there.

sometimes the voices in my head have good idea's
  • #567,367
  • Nov 29, 2011 12:47pm Nov 29, 2011 12:47pm
Here is my view on the EUR. So far is a buy till 3580 region
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  • #567,368
  • Nov 29, 2011 12:47pm Nov 29, 2011 12:47pm
Quoting pkimnyc
100+ pips risk? it was 10 pips risk only 15 at max was more than enough. for 50 pips gain. that was a good r:r.
Of course 100+ risk here.
Bear already tested Oct 3 low. Somehow if it can rebound you will loose sell trade.
Fundamental and longer term indi signals bear sign, so if you buy now you could loose.

50 pips is not risky in choppy market while short-term and long-term are contradictory

Longer term trader doesn't put SL with 10-15 spread. They have some technical and psychological SL.
You cannot learn better without losing
  • #567,369
  • Nov 29, 2011 12:53pm Nov 29, 2011 12:53pm
Quoting hindustani
time to hit the bed, night guys
Thanks for sharing your trading history. Congratulations! This should encourage newbies that there is real profit in the forex market and it's open to anyone. And for the old timers that haven't figured it out, I hope they are encouraged as well to find out what their vulnerabilities are and correct them.

Set a goal in place and pursue it!
Taigen Profit This Month: na
  • #567,370
  • Nov 29, 2011 12:55pm Nov 29, 2011 12:55pm
Quoting ibpo
Tomorrow "Non-Farm Employment Change" ?

ADP.
NFP is on Friday.
  • #567,371
  • Nov 29, 2011 1:00pm Nov 29, 2011 1:00pm
Quoting micho
tomorrow could be a decisive day

i have medium term longs target 1.38xx until further notice

I see 1.18 as more likely. Eurozone seeking IMF bailout funds....no way would I be long ...but appears more traders are long than short.
  • #567,372
  • Nov 29, 2011 1:00pm Nov 29, 2011 1:00pm
Quoting micho
no i have 2 positions at 1.3320
i see, i have a 0.02 lots long at 1.33179 since yesterday with 200 pips s/l and aim to 38XX level, too...
i will add another 0.02 lots if a 4H chart can close above 1.3457.
So i have 40 dollars risk now and let's see if it will still survive after i finish my CFA exam this weekend.
  • #567,373
  • Nov 29, 2011 1:01pm Nov 29, 2011 1:01pm
Quoting forexings
Of course 100+ risk here.
Bear already tested Oct 3 low. Somehow if it can rebound you will loose sell trade.
Fundamental and longer term indi signals bear sign, so if you buy now you could loose.

50 pips is not risky in choppy market while short-term and long-term are contradictory
it is obvious that you and i are in different world... i know that longer tem signals bear, but that doesn't mean you get no opportunity in opposite direction, if you're trading short term. i used to swing trade, and there was only 2 times i had to use 100 piper sl based on weekly and 1hr chart in 1 time. who in the right mind would use 100 sl if you're looking at 5 min chart. 10-20 is enough. if you're wrong then you're wrong. btw, missing 1 or 2 opportunity isn't much a big deal.
  • #567,374
  • Nov 29, 2011 1:06pm Nov 29, 2011 1:06pm
If you've never heard of Bob Chapman, take a listen.he posted this nov 28..enjoy

Inserted Video
entry - 1.29250 s/l 200 pips
  • #567,375
  • Nov 29, 2011 1:08pm Nov 29, 2011 1:08pm
This is my weekly elliot count of the pair...and no need to BUY this pair for a looooong time ....its just my idea...
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Imagination rules the world ...
Selym Hyll Return This Year: na
  • #567,376
  • Nov 29, 2011 1:09pm Nov 29, 2011 1:09pm
considering 4 hour " crowd power " which in MT4 is also called Momentum indicator

this bugger may or may not give a kaboom soon. kaboom = dump

signing off with this thought
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  • #567,377
  • Nov 29, 2011 1:09pm Nov 29, 2011 1:09pm
Quoting pkimnyc
it is obvious that you and i are in different world... i know that longer tem signals bear, but that doesn't mean you get no opportunity in opposite direction, if you're trading short term. i used to swing trade, and there was only 2 times i had to use 100 piper sl based on weekly and 1hr chart in 1 time. who in the right mind would use 100 sl? 10-20 is enough. if you're wrong then you're wrong. btw, missing 1 or 2 opportunity isn't much a big deal.
Your strategy suitable for scalp but not for 100+ pips.

To make it clear i am giving you an example:
Suppose you sold @1.20 for 100pips with Sl 1.2010
In choppy market the price went 1.1950 and back to 1.2010, so you lost your 10 pips. You could win if your target was 50 pips.

More you increase your target more you could loose.
You cannot learn better without losing
  • #567,378
  • Nov 29, 2011 1:12pm Nov 29, 2011 1:12pm
Quoting pkimnyc
it is obvious that you and i are in different world... i know that longer tem signals bear, but that doesn't mean you get no opportunity in opposite direction, if you're trading short term. i used to swing trade, and there was only 2 times i had to use 100 piper sl based on weekly and 1hr chart in 1 time. who in the right mind would use 100 sl if you're looking at 5 min chart. 10-20 is enough. if you're wrong then you're wrong. btw, missing 1 or 2 opportunity isn't much a big deal.
Actually, being wrong is not a good idea..ask cloggie, he's not happy with 190 winning trades in a row at 99%..he wants 500 winning trades in a row..gl
entry - 1.29250 s/l 200 pips
  • #567,379
  • Nov 29, 2011 1:13pm Nov 29, 2011 1:13pm
Quoting Fawlty
I see 1.18 as more likely. Eurozone seeking IMF bailout funds....no way would I be long ...but appears more traders are long than short.
no way i would be short... until further notice
When life gives you lemons, make lemonade
  • #567,380
  • Nov 29, 2011 1:15pm Nov 29, 2011 1:15pm
Quoting forexings
Your strategy suitable for scalp but not for 100+ pips.

To make it clear i am giving you an example:
Suppose you sold @1.20 for 100pips with Sl 1.2010
In choppy market the price went 1.1950 and back to 1.2010, so you lost your 10 pips. You could win if your target was 50 pips.

More you increase your target more you could loose.
lol. whatever dude. gl with your trading.
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