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  • #609,041
  • Mar 14, 2012 4:34am Mar 14, 2012 4:34am
Quoting sisse
and what is the failure rate among day traders? ...you may want to consider at least not make broad generalization about trading and dismiss by default traders that are trying to think and use tools "outside" of the retail daytrader box .....

Maybe you shouldn't be that harsh with previous poster as defining daytrading as an exact science defined by only your standards, it is definitively not a good idea and is 100% not true ... just my 2 cents...

sisse
Sisse,
Maybe you are right and I should not generalize.
For me the Macro Economics only give me a bias where we could go in the long run.
I think I am just too impatient to hold trades for weeks or longer.
The only times that I can bring up the patience for week long trades or longer, is with losing trades that are not underwater and have a real chance of getting back into profit. Like a trade that goes against me for 75 pips or so and then start ranging between 50 and 125 pips.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #609,042
  • Mar 14, 2012 4:35am Mar 14, 2012 4:35am
Quoting pipnaija
Wow! Amazing.... 145 pips and running.. Biggest loss -15 EU biggest gain GNZD +65

are u looking for this num. 3098 - 3104
  • #609,043
  • Mar 14, 2012 4:36am Mar 14, 2012 4:36am
Quoting fxkiller
shorted cable 5725 / SL 5755
Closed +24
  • #609,044
  • Mar 14, 2012 4:38am Mar 14, 2012 4:38am
Quoting KiwiTrada
yes bro use trailing, kiwi aussie leading eu tardy as usual, swissy still has room above 9300 then 9385 is now 9263 bobbling
cable at minor resist, so things looking okay
geppy 1st entry 130 93 stopped
2nd entry 131 30 sl 131 50 still holding

Im happy especially kiwi aussie, eu soso is bouncing now, will continue defend breached support time is young

fill geppy 131 30 moving sl BE same cable 1 5739 31pip trailing activated expect small bobble now, will pb if get within 20 pip of BE
If you are new to Forex? Say Goodbye to your account!!
  • #609,045
  • Edited 4:51am Mar 14, 2012 4:39am | Edited 4:51am
Back into the 50s ...a solid bounce and it's heading to new hourly high...otherwise to new lows
COT: The precious data ignored
  • #609,046
  • Mar 14, 2012 4:42am Mar 14, 2012 4:42am
Quoting KiwiTrada
fill geppy 131 30 moving sl BE same cable 1 5739 31pip trailing activated expect small bobble now, will pb if get within 20 pip of BE
Good call on GBP/JPY. Damn... I lost my entrance point while zapping thru the charts...
  • #609,047
  • Mar 14, 2012 4:48am Mar 14, 2012 4:48am
Quoting kuroro001
Back into the 50s without...a solid bounce and it's heading to new hourly high...otherwise to new lows
i am looking for 3100 for above and 3050 for down.. waiting for something to cross..
  • #609,048
  • Mar 14, 2012 4:53am Mar 14, 2012 4:53am
Quoting fxkiller
i am looking for 3100 for above and 3050 for down.. waiting for something to cross..
Sellers look more powerful at the moment
COT: The precious data ignored
  • #609,049
  • Mar 14, 2012 4:54am Mar 14, 2012 4:54am
Quoting kuroro001
Sellers look more powerful at the moment
i'd say no, check aussie, nzd, ucad is on pullback as well to go up again
  • #609,050
  • Mar 14, 2012 4:54am Mar 14, 2012 4:54am
LONDON, March 14 (Reuters) - The Australian dollar fell to a seven-week low against a broadly firmer U.S. dollar on Wednesday, with the greenback benefitting from a rise in U.S. Treasury yields after the Federal Reserve was slightly more positive in its economic outlook.
The Australian dollar <AUD=D4> dropped around 0.7 percent on the day to US$1.0465, its lowest level since late January. Traders cited supportive bids around US$1.0450 that could slow further losses.
  • #609,051
  • Mar 14, 2012 4:57am Mar 14, 2012 4:57am
Quoting screwup
are u looking for this num. 3098 - 3104

I don't set numbers ... I only set 200 TP always...
  • #609,052
  • Mar 14, 2012 4:58am Mar 14, 2012 4:58am
i sell eurusd with a TP 1.2975 and a SL 1.3090
  • #609,053
  • Mar 14, 2012 4:58am Mar 14, 2012 4:58am
Quoting Leeson
Good call on GBP/JPY. Damn... I lost my entrance point while zapping thru the charts...
yes 1st entry was stopped, bit bloody ironic, now trollop bounces at original defend zone if it goes I going to add with stop loss just above and will look to defend any retest, could be quick the way pa behaving ladies other than aussie and kiwi all over the place
If you are new to Forex? Say Goodbye to your account!!
  • #609,054
  • Mar 14, 2012 5:02am Mar 14, 2012 5:02am
Quoting kuroro001
Sellers look more powerful at the moment

yepp thats why I have my sell from 3040 still open..
  • #609,055
  • Mar 14, 2012 5:02am Mar 14, 2012 5:02am
Quoting Light Yagami
LONDON, March 14 (Reuters) - The Australian dollar fell to a seven-week low against a broadly firmer U.S. dollar on Wednesday, with the greenback benefitting from a rise in U.S. Treasury yields after the Federal Reserve was slightly more positive in its economic outlook.
The Australian dollar <AUD=D4> dropped around 0.7 percent on the day to US$1.0465, its lowest level since late January. Traders cited supportive bids around US$1.0450 that could slow further losses.
sounds good I did have 1st tp just below 0450 thanks, so have pb now will watch this retest, edit (watching movie)
If you are new to Forex? Say Goodbye to your account!!
  • #609,056
  • Mar 14, 2012 5:04am Mar 14, 2012 5:04am
Finally.. back from my week long trip to Sunny California. Wasn't able to do a lot of trading.. but with the minimal trading I did, all my TPs were hit...

And it seems the pair is still moving downwards (the way I like it).

Need to catch up on the reading to see what has happened before starting to trade again.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #609,057
  • Mar 14, 2012 5:08am Mar 14, 2012 5:08am
Quoting rafiqhidayat
Finally.. back from my week long trip to Sunny California. Wasn't able to do a lot of trading.. but with the minimal trading I did, all my TPs were hit...

And it seems the pair is still moving downwards (the way I like it).

Need to catch up on the reading to see what has happened before starting to trade again.
Hope you enjoyed your visit to the states and nice job on the trades. Sometimes leaving your trades alone is the best thing.
  • #609,058
  • Mar 14, 2012 5:09am Mar 14, 2012 5:09am
Quoting pipnaija
I don't set numbers ... I only set 200 TP always...
  • #609,059
  • Mar 14, 2012 5:10am Mar 14, 2012 5:10am
The formation about 3 hours ago was HELL SELL written all over it.. But euro is gaining strength on my ass wipe currencies.. Currently both pairs are fighting for space and its ranging waiting for a fatal 4 way break out... GNZD must hit TP 200 soon common baby please... Woohoo..
  • #609,060
  • Mar 14, 2012 5:11am Mar 14, 2012 5:11am
Quoting 2+2=4ex
Hope you enjoyed your visit to the states and nice job on the trades. Sometimes leaving your trades alone is the best thing.
It was fun, but tiring... but I agree, sometimes leaving your trades (with proper MM) would be the best thing you can do for your account....
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
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