EURUSD | Page 28804 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #576,061
  • Dec 17, 2011 2:45am Dec 17, 2011 2:45am
Quoting sidhujag
cmon are you kidding me? It's in our gene's as a retailer! HAHAH well I do visit the useless thread you guys got going on there and most of you are usually trying to pick bottom/tops on reactions based on either G's numbers or some fibs/confluence/trendlines against the immediate trend for resumption of the bigger trend.

In general the hopium of trying to get a 20:1 reward:risk trade trumps a 1:1 trade with higher chance of success everytime. Hard to let go of that, and maybe is something needed to overcome on a regular basis to get over the...
i believe R:R is ALWAYS 1:1

either it accelerates favorably away from your entrance point or against you
AVT INVENIAM VIAM AVT FACIAM
  • #576,062
  • Dec 17, 2011 2:46am Dec 17, 2011 2:46am
Quoting pkimnyc
That's them trading. Some of us has nothing to do with what they do.
To each their own I guess.
  • #576,063
  • Dec 17, 2011 2:48am Dec 17, 2011 2:48am
Quoting sidhujag
To each their own I guess.
Who the heck knows...
  • #576,064
  • Dec 17, 2011 2:49am Dec 17, 2011 2:49am
Quoting the redlion
i believe R:R is ALWAYS 1:1

either it accelerates favorably away from your entrance point or against you
Minimum.
  • #576,065
  • Dec 17, 2011 2:51am Dec 17, 2011 2:51am
Quoting the redlion
i believe R:R is ALWAYS 1:1

either it accelerates favorably away from your entrance point or against you
I don't see how post trade PA has anything to do with the amount you wish to risk and the amount you wish to profit.
  • #576,066
  • Dec 17, 2011 2:53am Dec 17, 2011 2:53am
Quoting pkimnyc
Who the heck knows...
So do you go inline with the trend, how do you define risk and reward? Do you use last support/resistance and use a bigger TP then since your chance of success is higher?
  • #576,067
  • Dec 17, 2011 2:56am Dec 17, 2011 2:56am
Quoting sidhujag
I don't see how post trade PA has anything to do with the amount you wish to risk and the amount you wish to profit.
that's the problem with most traders, they WISH to profit, how do you know your reward?


if you know your reward then ipsofacto there is no risk.

the problem is, you can define your risk but you never know your reward.

so just because you PERCEIVE an entrance to be "high probability" doesn't necessarily mean it is
AVT INVENIAM VIAM AVT FACIAM
  • #576,068
  • Dec 17, 2011 2:58am Dec 17, 2011 2:58am
Quoting sidhujag
So do you go inline with the trend, how do you define risk and reward? Do you use last support/resistance and use a bigger TP then since your chance of success is higher?
Sometimes I do go against main trend (if favorable setup + rr is good), but inline w main most trades. Last s/r is a must. Of course some of us may find it bs, but works for me.
  • #576,069
  • Dec 17, 2011 3:00am Dec 17, 2011 3:00am
Quoting the redlion
that's the problem with most traders, they WISH to profit, how do you know your reward?


if you know your reward then ipsofacto there is no risk.

the problem is, you can define your risk but you never know your reward.

so just because you PERCEIVE an entrance to be "high probability" doesn't necessarily mean it is
Well yea you're right what if things change along the way right? I guess assuming the environment stays the same which is when you make the decision to enter, and your MINIMUM tp is what i'm talking about, after that you can set to BE and ride until fundamentals tell you its done?

I was speaking from a pure mechanical pov. In general I like to analyze my win rate, and loss vs profit levels to see where I went wrong and what I can do better next time, so I don't make the same mistakes either by cutting profit too early or letting my loss run too far.
  • #576,070
  • Dec 17, 2011 3:02am Dec 17, 2011 3:02am
Quoting pkimnyc
Sometimes I do go against main trend (if favorable setup + rr is good), but inline w main most trades. Last s/r is a must. Of course some of us may find it bs, but works for me.
Yep so favourable setup (SNB) and now waiting for s/r... thats why I'm looking at E/C... make a few 1 percenters see if she catches
  • #576,071
  • Dec 17, 2011 3:05am Dec 17, 2011 3:05am
Quoting sidhujag
Yep so favourable setup (SNB) and now waiting for s/r... thats why I'm looking at E/C... make a few 1 percenters see if she catches
Wish you luck. Hope it works out for you.
  • #576,072
  • Dec 17, 2011 3:07am Dec 17, 2011 3:07am
Quoting DasPips
"Gaps" don't exist.


We are at 1.31857 right now.
What do you mean?
  • #576,073
  • Dec 17, 2011 3:07am Dec 17, 2011 3:07am
gaps do not exist, i believe is what he means
AVT INVENIAM VIAM AVT FACIAM
  • #576,074
  • Dec 17, 2011 3:11am Dec 17, 2011 3:11am
Quoting pkimnyc
Wish you luck. Hope it works out for you.
The intervention theory ! lol ! luck only need for sure .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #576,075
  • Dec 17, 2011 3:13am Dec 17, 2011 3:13am
Market kind of dead at the moment, hasn't moved for a few hours
New voice message: Why are you calling me? If I need you, I'll call you!
  • #576,076
  • Dec 17, 2011 3:14am Dec 17, 2011 3:14am
Quoting the redlion
gaps do not exist, i believe is what he means
Thanks, but what about "We are at 1.31857 right now"? 140 pips higher from market close
  • #576,077
  • Dec 17, 2011 3:14am Dec 17, 2011 3:14am
Quoting KillerWhale
Market kind of dead at the moment, hasn't moved for a few hours
I think its your fault killer.
  • #576,078
  • Dec 17, 2011 3:15am Dec 17, 2011 3:15am
Quoting metcalfe
Thanks, but what about "We are at 1.31857 right now"? 140 pips higher from market close
Yea... Sure....
  • #576,079
  • Dec 17, 2011 3:23am Dec 17, 2011 3:23am
3048 on xe.com
  • #576,080
  • Dec 17, 2011 3:32am Dec 17, 2011 3:32am
Quoting sidhujag
3048 on xe.com
yeah , checked 3 live quote sites , more or less same . anyway make no sense , seen 700 to over 1000 pips lots of time before & when come chart , they all flat & only few may or not left .Nothing more invasive than online trading all open , even never saw gold prices my nearby shops changes any during trading holiday times, flat rate 2 days and price little lower people rush those days .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
668 traders viewing now