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  • #12,581
  • Mar 9, 2012 9:00am Mar 9, 2012 9:00am
Quoting BlackWid0w
What the hell are you on about mate read what it says
25 pip target with a 200 point SL????
ahhh lol
I thought he meant 25 SL and 200 TP and not vice versa

Wrong reading..
  • #12,582
  • Mar 9, 2012 9:03am Mar 9, 2012 9:03am
Quoting FX-Ray
ahhh lol
I thought he meant 25 SL and 200 TP and not vice versa

Wrong reading..
I thought you must have read it wrong...

Mr B where are thy..come and explain yourself to me buddy
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,583
  • Mar 9, 2012 9:05am Mar 9, 2012 9:05am
That's in ref with Kambooj post regarding his trading system. Worth a read, because I did not understand his system and the circles he was using.

What i'm getting at is that each trade we make has an inner risk attached to it, no matter how good we are or how big the SL. We just do the best we can and try to put all the odds in our favour. But at the end of the day, we have to assume losses when they occur.









Quoting BlackWid0w
What is this 25 pips target for 200 ARe you okay mate..?????
  • #12,584
  • Mar 9, 2012 9:09am Mar 9, 2012 9:09am
Whether Euro flips or not now is not important. Around 1.3115 if you're bear and you want to sell now you're selling directly into support level and that's definitely riskier than if you sell on retrace.

3pm GMT. I'll be looking at profits now, so waiting for a pullback (to me) is definitely better/safer option. Even if it breaks through 1.3115. doesn't matter. we know the trend now, will wait for my time to sell
.
  • #12,585
  • Mar 9, 2012 9:13am Mar 9, 2012 9:13am
Quoting BrunargarFx
Whether Euro flips or not now is not important. Around 1.3115 if you're bear and you want to sell now you're selling directly into support level and that's definitely riskier than if you sell on retrace.

3pm GMT. I'll be looking at profits now, so waiting for a pullback (to me) is definitely better/safer option. Even if it breaks through 1.3115. doesn't matter. we know the trend now, will wait for my time to sell
.
good statement made . full marks to this
finding A M S
  • #12,586
  • Mar 9, 2012 9:16am Mar 9, 2012 9:16am
Not my way of trading but my point is, even with 200pips SL and 25 pips target, there is still a risk in each one of the trade we make.


Quoting Kambooj
I use a 150-200 pip stoploss to do my trades, with the minimum lot size that I can afford and as market moves I have a better idea of how to manage my trades.


I always set a target of between 20-25 pips, but occasionally when orders go beyond that very quickly and are profitable, then I bring stoploss to entry and let it ride.
  • #12,587
  • Mar 9, 2012 9:18am Mar 9, 2012 9:18am
Quoting FX-Ray
Yes he is ok and indeed it is possible to take always Trades with 25 SL and a Profit of 200+ Pips and being right more than 50%. Everything´s possible.
I need to say....that is not good MM 200 pips SL and 25 pips Profit is something i never did and never will do.

My intraday risk is 32 points maximum for 20-60 points TP and my scalping is almost always 1:1 with 8-15 sl MAXIMUM ( usually 10 ) And that gives me excellent win /loss ratio.


I mean u are willing to lose 200 pips for 25 pips win. LOL....Those 20 pips can be made on momentum scalps with a risk no more then 10 pips...
  • #12,588
  • Mar 9, 2012 9:18am Mar 9, 2012 9:18am
Quoting prashant7
good statement made . full marks to this
Is this sarcastic ?
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,589
  • Mar 9, 2012 9:18am Mar 9, 2012 9:18am
There is no denying in that.

Did you get my point regarding T's trade?

Quoting prashant7
selling prevails and this is final
  • #12,590
  • Mar 9, 2012 9:19am Mar 9, 2012 9:19am
Quoting BrunargarFx
Statement was about T. buying at a good support level to me (at the time). I could have taken that Long but I certainly wouldn't have sold there.
Exactly and the post was real time with BE also real time.
  • #12,591
  • Mar 9, 2012 9:22am Mar 9, 2012 9:22am
GUYS

I'm rofl.

I'll leave it at that because at the end of the day we're all looking at the same thing (although I still prefer using pullback before entering a trade).



T. I never said you were using 25pips targets and 200pips SL, I was referring to Kambooj's style, which post you read 2 days ago too.

I'll be opening a short but not today.

Quoting T@rantula
I need to say....that is not good MM 200 pips SL and 25 pips Profit is something i never did and never will do.

My intraday risk is 32 points maximum for 20-60 points TP and my scalping is almost always 1:1 with 8-15 sl MAXIMUM ( usually 10 ) And that gives me excellent win /loss ratio.


I mean u are willing to lose 200 pips for 25 pips win. LOL....Those 20 pips can be made on momentum scalps with a risk no more then 10 pips...
  • #12,592
  • Mar 9, 2012 9:22am Mar 9, 2012 9:22am
Quoting BrunargarFx
Not my way of trading but my point is, even with 200pips SL and 25 pips target, there is still a risk in each one of the trade we make.
Got it mate...
I am shocked at this statement....but if it works for him GL to him...
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,593
  • Mar 9, 2012 9:23am Mar 9, 2012 9:23am
Hourly PP 3124 is being retested.

Buying zones 3102 3090.
  • #12,594
  • Mar 9, 2012 9:23am Mar 9, 2012 9:23am
That's what I have been trying to tell them but I realize they were probably in a short trade aalready nd couldn't understand why someone would long this...

Quoting T@rantula
Exactly and the post was real time with BE also real time.
  • #12,595
  • Mar 9, 2012 9:24am Mar 9, 2012 9:24am
Thanks T.

On the same page
Quoting T@rantula
Hourly PP 3124 is being retested.

Buying zones 3102 3090.
  • #12,596
  • Mar 9, 2012 9:24am Mar 9, 2012 9:24am
Quoting BrunargarFx
GUYS



T. I never said you were using 25pips targets and 200pips SL, I was referring to Kambooj's style, which post you read 2 days ago too.

I'll be opening a short but not today.
haha a bit of misunderstanding now

Yes mate I know what u meant. We are just trying to lead Kambooj on the right path else he will lose it longer term 101 %.
  • #12,597
  • Mar 9, 2012 9:26am Mar 9, 2012 9:26am
NFP trendline

http://clip2net.com/s/1G95D
  • #12,598
  • Mar 9, 2012 9:27am Mar 9, 2012 9:27am
Quoting T@rantula
haha a bit of misunderstanding now

Yes mate I know what u meant. We are just trying to lead Kambooj on the right path else he will lose it longer term 101 %.
T,

Honestly speaking...get back on the trades mate come on ...

If I told you I use 6 pips stops to get over 30 points you would not even believe me...I can proove this time and time again....

That how my aggressive trades work..

Come back to work...
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,599
  • Mar 9, 2012 9:31am Mar 9, 2012 9:31am
I agree with u .

Guys draw NFP trendline on your charts.

When and if that breaks we could have a good buying opportunities.
  • #12,600
  • Mar 9, 2012 9:35am Mar 9, 2012 9:35am

Quoting T@rantula
I agree with u .

Guys draw NFP trendline on your charts.

When and if that breaks we could have a good buying opportunities.
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