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  • #568,881
  • Dec 1, 2011 9:58pm Dec 1, 2011 9:58pm
Quoting ibpo
when i started my short just before Tokyo open based on 1 min chart but that went wrong then i changed TF so i got TP now.

dont change TF but in fundamental way can change it

http://i.imgur.com/nJrbQ.png
thats exactly what muppets do, they load up 10 indicators on one chart then they load another 25 for winning and another 30 for losing positions. You have different views/rules/timeframes for trades based only on their yield, you're doomed to fail.

I highlighted these two words there because you should have MM - money management - to protect yourself from 'wrong trades', not different approaches or rules or timeframes. by using the latter instead of MM you are pretty much pissing on your windshield instead of keeping it clear and simple, you will confuse the sh!t out of yourself and will not just have 'wrong' trades, but a margin call.

thanks for being the muppet of the day though, we all appreciate your service.
  • #568,882
  • Dec 1, 2011 10:00pm Dec 1, 2011 10:00pm
and will hold my yesterday morning shorts till NFP. I think we are due for a surprise data from the US now. they are either fooling the markets by releasing good data for the past 2 months or there is really some strength in the US. I donno see unemployment going down and will go for 9.2%
  • #568,883
  • Dec 1, 2011 10:07pm Dec 1, 2011 10:07pm
Quoting Cerber.bf2
thats exactly what muppets do, they load up 10 indicators on one chart then they load another 25 for winning and another 30 for losing positions. You have different views/rules/timeframes for trades based only on their yield, you're doomed to fail.

I highlighted these two words there because you should have MM - money management - to protect yourself from 'wrong trades', not different approaches or rules or timeframes. by using the latter instead of MM you are pretty much pissing on your windshield instead of keeping it clear and simple, you will...
what is your trading strategy ? using fixed SL and TP? how do you use fundamental and technical analysis ?
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  • #568,884
  • Dec 1, 2011 10:11pm Dec 1, 2011 10:11pm
Quoting ibpo
what is your trading strategy ? using fixed SL and TP? how do you use fundamental and technical analysis ?
Your strategy is whacked.

You enter based on 5m and when it tells you to exit, you switch to higher TF, then you still TP based on 5m.

How does one live trading 5pips on the hourly charts? To think you have 3.5 years of experience
  • #568,885
  • Dec 1, 2011 10:12pm Dec 1, 2011 10:12pm
Quoting hindustani
follow advisory on kitco.com which specializes in gold trading, ask investors there, instead of noobs here.
brother its not GOLD investment its FOREX BROKER,
but anyways thanks
you can be rude tis good for you.
have a good day..
Don't compare your Trades with Others
  • #568,886
  • Dec 1, 2011 10:12pm Dec 1, 2011 10:12pm
Quoting ibpo
when i started my short just before Tokyo open based on 1 min chart but that went wrong then i changed TF so i got TP now.

dont change TF but in fundamental way can change it

http://i.imgur.com/nJrbQ.png
looks you have took @ 64/65 as i said on 1m chart,
Mohan
  • #568,887
  • Dec 1, 2011 10:13pm Dec 1, 2011 10:13pm
Quoting jayjb
Your strategy is whacked.

You enter based on 5m and when it tells you to exit, you switch to higher TF, then you still TP based on 5m.

How does one live trading 5pips on the hourly charts? To think you have 3.5 years of experience
i told i change TP in bigger TF in 5 min my TP change to 10 pips from 5 pips please read all posts
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  • #568,888
  • Dec 1, 2011 10:13pm Dec 1, 2011 10:13pm
Quoting ibpo
what is your trading strategy ? using fixed SL and TP? how do you use fundamental and technical analysis ?
with 3.5 yrs exp. you should already be familiar with ta at least.
  • #568,889
  • Dec 1, 2011 10:14pm Dec 1, 2011 10:14pm
Quoting ibpo
i told i change TP in bigger TF in 5 min my TP change to 10 pips from 5 pips please read all posts
lmfao...
  • #568,890
  • Dec 1, 2011 10:16pm Dec 1, 2011 10:16pm
Quoting DubaiFX
brother its not GOLD investment its FOREX BROKER,
but anyways thanks
you can be rude tis good for you.
have a good day..
its not about gold investment

kitco.com has many forex traders also and they have experience in this field and know better which forex broker is best for gold trading and which is not.

rest is your choice how you view my advice
  • #568,891
  • Dec 1, 2011 10:16pm Dec 1, 2011 10:16pm
Quoting pkimnyc
lmfao...
how many pips are you using in 5 min chart ?
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  • #568,892
  • Dec 1, 2011 10:16pm Dec 1, 2011 10:16pm
Quoting DubaiFX
brother its not GOLD investment its FOREX BROKER,
but anyways thanks
you can be rude tis good for you.
have a good day..
you are being rude here first off by asking offtopic question.
you can instead go to brokers forums and find best for you there, or ask questiion in a new thread there.

if you want my opinion, go with MB Trading. great execution, low requirements, good support, lowest prices/spreads, no bullshit whatsoever.
  • #568,893
  • Dec 1, 2011 10:19pm Dec 1, 2011 10:19pm
Quoting hindustani
its not about gold investment

kitco.com has many forex traders also and they have experience in this field and know better which forex broker is best for gold trading and which is not.

rest is your choice how you view my advice
thanks bro
i am sorry for my words
Thanks .
Take Care...
Don't compare your Trades with Others
  • #568,894
  • Dec 1, 2011 10:20pm Dec 1, 2011 10:20pm
Quoting DubaiFX
brother its not GOLD investment its FOREX BROKER,
but anyways thanks
you can be rude tis good for you.
have a good day..
any specific reason to choose south African broker ?, it's better to go with some well regulated brokers.
Mohan
  • #568,895
  • Dec 1, 2011 10:20pm Dec 1, 2011 10:20pm
Quoting ibpo
how many pips are you using in 5 min chart ?
here's an example. entry picked based on 1 min, 5 min chart.

http://www.forexfactory.com/showthre...71#post5183171
  • #568,896
  • Dec 1, 2011 10:22pm Dec 1, 2011 10:22pm
Quoting ibpo
what is your trading strategy ? using fixed SL and TP? how do you use fundamental and technical analysis ?
my trading strategy is mostly based on going the opposite direction with the the muppets like you who post their trades here.
  • #568,897
  • Dec 1, 2011 10:23pm Dec 1, 2011 10:23pm
Quoting hindustani
you will also like this ; if you understand hindi

every sentence has a double meaning which makes this act extremely funny

http://www.youtube.com/watch?v=QzpoKlymxtg


very funny but I don't understand hindustamil ....
  • #568,898
  • Dec 1, 2011 10:24pm Dec 1, 2011 10:24pm
Quoting Cerber.bf2
my trading strategy is mostly based on going the opposite direction with the the muppets like you who post their trades here.
i miss fxbabie...
  • #568,899
  • Dec 1, 2011 10:25pm Dec 1, 2011 10:25pm
Quoting screwup
very funny but I don't understand hindustamil ....
it's not Tamil , looks Hindi
Mohan
  • #568,900
  • Dec 1, 2011 10:28pm Dec 1, 2011 10:28pm
Quoting Cerber.bf2
my trading strategy is mostly based on going the opposite direction with the the muppets like you who post their trades here.
Ok i enter short at 34600 and TP at 34180

No SL

do opp side
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