You really do need to go with the trend on this pair sometimes it never ends..
Use me as a contrarian indicator 
- #41,841
- Mar 14, 2012 9:45am Mar 14, 2012 9:45am
- | Joined Feb 2010 | Status: Trader | 1,085 Posts
- #41,843
- Mar 14, 2012 10:04am Mar 14, 2012 10:04am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- #41,844
- Mar 14, 2012 10:06am Mar 14, 2012 10:06am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
I was too early for the entry, have to find a better entry point.
This wave is too tough, as when the bulls finally show up, the price will jump fast , and it is not possible to find a good entry at the support...
I dont think bulls have showed up yet, looks like we are in the process of making a hourly lower high, then a final push to make a new lower low, then come back and take out that hourly high and take off.....
Now i have to get out of my long when the price is break even and then buy at the lows at 1.0445
mindset stuff...
just wanna help.... made same experience
Hero calls followed by margin calls...
- #41,845
- Mar 14, 2012 10:10am Mar 14, 2012 10:10am
- Joined Jul 2011 | Status: Heads is a buy. Tails is a sell. | 1,031 Posts
you will end up with zer0 ...... never increase your stop...once placed = freezed... otherwise you always want to wait for better price to get out of your f**k trade ....then price moves in your direcction and you think hey man ! now its running, i better keep the position and close it with profit and so on and so on....
mindset stuff...
just wanna help.... made same experience
- #41,846
- Mar 14, 2012 10:11am Mar 14, 2012 10:11am
you will end up with zer0 ...... never increase your stop...once placed = freezed... otherwise you always want to wait for better price to get out of your f**k trade ....then price moves in your direcction and you think hey man ! now its running, i better keep the position and close it with profit and so on and so on....
mindset stuff...
just wanna help.... made same experience
PPP - Patience Pays PIPS
- #41,847
- Mar 14, 2012 10:18am Mar 14, 2012 10:18am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Thanks man.....
Hero calls followed by margin calls...
- #41,848
- Mar 14, 2012 10:24am Mar 14, 2012 10:24am
- Joined Dec 2011 | Status: StealingPips | 1,294 Posts
- #41,849
- Mar 14, 2012 10:30am Mar 14, 2012 10:30am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Its your choice guys
If there was easy money lying around,no one would be forcing it into your
- #41,850
- Mar 14, 2012 10:33am Mar 14, 2012 10:33am
- Joined Dec 2011 | Status: StealingPips | 1,294 Posts
- #41,852
- Mar 14, 2012 10:39am Mar 14, 2012 10:39am
- Joined Jul 2011 | Status: Heads is a buy. Tails is a sell. | 1,031 Posts
- #41,853
- Mar 14, 2012 10:42am Mar 14, 2012 10:42am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #41,854
- Mar 14, 2012 10:44am Mar 14, 2012 10:44am
- | Joined Dec 2011 | Status: Trader | 2,927 Posts
swing it!
- #41,855
- Mar 14, 2012 10:45am Mar 14, 2012 10:45am
- Joined Jul 2011 | Status: Heads is a buy. Tails is a sell. | 1,031 Posts
- #41,856
- Mar 14, 2012 10:46am Mar 14, 2012 10:46am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #41,858
- Mar 14, 2012 10:48am Mar 14, 2012 10:48am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Doesn't matter, I trade medium term, I will trade whichever pair that gives me signal. It's trend trading, what the WiseFX group advocates.
GL
If there was easy money lying around,no one would be forcing it into your
- #41,859
- Mar 14, 2012 10:52am Mar 14, 2012 10:52am
- Joined Jul 2011 | Status: Heads is a buy. Tails is a sell. | 1,031 Posts
my little singapore,if you remain arrogant like that you simply wont be survive in this business
GL
To each his own, I understand why most people like to trade 1 or 2 pairs. But honestly, a person like myself simply cannot do it on a regular profitable basis.
