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  • #567,921
  • Nov 30, 2011 8:32am Nov 30, 2011 8:32am
sold eu on heavy lock scalp.

target is old resistance.
prefreablly 3440s
up 20+ now.

will consider BE stop loss as its CT trade but seems fine so far.
Attached Image (click to enlarge)
Click to Enlarge Name: sold eu on lock scalp.gif Size: 13 KB
Have I got something on my face, SOLDIER?
  • #567,922
  • Nov 30, 2011 8:33am Nov 30, 2011 8:33am
Quoting leerees
I tell you what you just can't get more bad luck than what I've just had.

I had sells open from 3356 to TP at 3290

I set my EA to buy at 3340 with a 50 pip trailing stop.

I've just came back home (expecting to bank some MAJOR pips) only to find my PC crashed before price went down to 3390.

Just rebooted it, opened meta trader and not only are my sells now massively in the negative to make matters worse the stupid dam trade manager has just opened my long at 3486 instead of 3340 right on the top of that fucking spike.

How can something so simple...

Don't go blaming Mt4 young man, you need backups, and your backups need backups.

Look into either VPS or cloudcomputing if you don't mind posting your stuff outside of your own domain.

If you want to keep it inhouse, you need backups and UPS's
  • #567,923
  • Nov 30, 2011 8:35am Nov 30, 2011 8:35am
Well, I started this morning long and left for 15 pips ... sniff. When I came back, the spike just happened. I got back in long at 1.3440, but 80% out,sl at be.

We are still around the weekly pivot, so some retracement could happen. If not, next above levels are pretty exotic, so better to wait until this day is over I guess.

Have fun trading !
  • #567,924
  • Nov 30, 2011 8:35am Nov 30, 2011 8:35am
Was up +52 pips for the day on my E/U trades but got caught out on my AUD/USD trade. Shorted on the 30 min dojis and thought it was a possible double top. Entered too early.

Managed to successfully wipe out my entire profits for the week.

Lesson learnt here, am going to stick to trading only 1 to 2 pairs instead of trying to be jack of all trades

But on a side note, have been diligently recording every single trade I took for the last few months. I look at it on the weekend sometimes and think, geez I'm an idiot? What the heck was that?
  • #567,925
  • Nov 30, 2011 8:36am Nov 30, 2011 8:36am
Bahh, all my profits gone...
Somebody can push the market down to 1.33 for me again?

What goes up, must come down, what goes up comes doooown....
  • #567,926
  • Nov 30, 2011 8:36am Nov 30, 2011 8:36am
Quoting Martingale
look what a coincidence.. we just stopped on the red line.
I have been looking for a profile indicator like that for ages. Can you share what platform and indie you are using?
  • #567,927
  • Nov 30, 2011 8:37am Nov 30, 2011 8:37am
Quoting kiwidoc

But on a side note, have been diligently recording every single trade I took for the last few months. I look at it on the weekend sometimes and think, geez I'm an idiot? What the heck was that?

Take a screenshots of your entries and exits also and save them for review alongside your trade diary, you'd be surprised what you will find.
  • #567,928
  • Nov 30, 2011 8:38am Nov 30, 2011 8:38am
Quoting Dagobert
Bahh, all my profits gone...
Somebody can push the market down to 1.33 for me again?

What goes up, must come down, what goes up comes doooown....

Motion law trumps Murphy's law.
  • #567,929
  • Nov 30, 2011 8:39am Nov 30, 2011 8:39am
Quoting Pipbumper

Have fun trading !

Trading is boring, the fun is to be had here on the thread.
  • #567,930
  • Nov 30, 2011 8:40am Nov 30, 2011 8:40am
Quoting cloggie
Yup, I got in within 5 pips of the announcement, together with billioins of dollars worth of the big boys, it always helps looking at the same thing as the people that matter in this business.
Is that broker really that good? No slippage, no requotes, no trade context is busy?
  • #567,931
  • Nov 30, 2011 8:41am Nov 30, 2011 8:41am
Well, I've had enough fun for one day...

G'nite all... hope you all did well...

ZZzzzz
  • #567,932
  • Nov 30, 2011 8:42am Nov 30, 2011 8:42am
Quoting cloggie
Don't go blaming Mt4 young man, you need backups, and your backups need backups.

Look into either VPS or cloudcomputing if you don't mind posting your stuff outside of your own domain.

If you want to keep it inhouse, you need backups and UPS's
strange EA when you need it to tell where to buy ... Nevertheless I understand your issue. I have an EA running since last year, for small amounts. First 3 months are neglectable because my biggest losses happened during microsoft updated, cancelling my EA strategy ... duh
Second three months stats were fooled because of hardware problems. So after 6 months I tought I could do some stat-work (my EA runs without any intervention).

Last six months are representative for my EA, and it sucks...
The message here is: EA's are good, but keep a close eye on it
  • #567,933
  • Nov 30, 2011 8:42am Nov 30, 2011 8:42am
Quoting Alexone
Is that broker really that good? No slippage, no requotes, no trade context is busy?

I got a bit of slippage on both ends, no requotes, did get some non-fill on subsequent orders when I started to get greedy, could not find anyone wanting to take the other side.
  • #567,934
  • Nov 30, 2011 8:42am Nov 30, 2011 8:42am
Quoting cloggie
Don't go blaming Mt4 young man, you need backups, and your backups need backups.

Look into either VPS or cloudcomputing if you don't mind posting your stuff outside of your own domain.

If you want to keep it inhouse, you need backups and UPS's
I've tried VPS and to be honest they are just too damn slow for manual trading. I use my PC for manual trading

The thing that annoys me is I only went out for lunch but anyhow lesson learnt, don't go for lunch lol

which way you think this will go, 3527 is a supply zone so I'm thinking we've had the bounce and it's going to sink back down, what you reckon?
{Promotion Removed}
  • #567,935
  • Nov 30, 2011 8:43am Nov 30, 2011 8:43am
Quoting leerees

which way you think this will go, I'm thinking it's going to sink back down, what you reckon?

PMI due here, that's one more risk marker for today.
  • #567,936
  • Nov 30, 2011 8:44am Nov 30, 2011 8:44am
Quoting cloggie
You can't stophunt a multi trillion market, somebody has to take the other side.
I'm surprised I'm not on your muppet list
  • #567,937
  • Nov 30, 2011 8:44am Nov 30, 2011 8:44am
Quoting jayjb
I'm surprised I'm not on your muppet list

Should you be? No problem, happy to oblige.
  • #567,938
  • Nov 30, 2011 8:45am Nov 30, 2011 8:45am
Quoting cloggie
PMI due here, that's one more risk marker for today.

A good number will break 1.35
  • #567,939
  • Nov 30, 2011 8:45am Nov 30, 2011 8:45am
Quoting cloggie
Yup, I got in within 5 pips of the announcement, together with billioins of dollars worth of the big boys, it always helps looking at the same thing as the people that matter in this business.
Hi Cloggie, appreciate your informative analysis.

Could you tell me what are you looking at exactly which is the same thing as people that matter in this business.

cheers bud
  • #567,940
  • Nov 30, 2011 8:45am Nov 30, 2011 8:45am
Quoting traderjai_inhi
I find it hard to understand him when I call for tech support too...
and he is trading m5, another reason to say "Grow out Man"
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