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  • #615,601
  • Edited 12:12pm Mar 26, 2012 12:10pm | Edited 12:12pm
Quoting Saintpeter
Good evening fellow traders,

Here is my results for the day till this moment...

Short @ 1.33143 16.16 lots
TP 32.213

and waiting for a better spot to increase my shorts!

maybe between 1.3330 and 1.3340 or 50...

Cheers,

Saint
That's nice, SaintPeter, but It would be good if you also provided technical and fundamental reasons for why you are so bearish and short this pair.

Edit: And i mean no disrespect by questioning it, it's just that i'm curious why your position is so.
Learn to see what's there, not what you want to see.
  • #615,602
  • Mar 26, 2012 12:15pm Mar 26, 2012 12:15pm
Quoting gsbotes
lol , you think we that .....?
stop profit is when ur trade is in profit what u do is u raise ur SL to break even and then u keep on raising ur stop loss
and moment the stop loss raised from break even this now turns in to "stop profit" from stop loss

i know traders and worked with them who say we never exit the trades with "TP" or take profit we only exit the trade with stop profit because we really dont know and really dont wanna know how long this trade will go in profit so we just keep on raising our stops

i too use this type of stops now my stops are just under 3240

i hope u got my point
  • #615,603
  • Mar 26, 2012 12:21pm Mar 26, 2012 12:21pm
If you guys are interested in what Draghi said in speech...
https://twitter.com/#!/ecb_europa_eu
  • #615,604
  • Mar 26, 2012 12:22pm Mar 26, 2012 12:22pm
Quoting turmaz
stop profit is when ur trade is in profit what u do is u raise ur SL to break even and then u keep on raising ur stop loss
and moment the stop loss raised from break even this now turns in to "stop profit" from stop loss

i know traders and worked with them who say we never exit the trades with "TP" or take profit we only exit the trade with stop profit because we really dont know and really dont wanna know how long this trade will go in profit so we just keep on raising our stops

i too use this type of stops now my stops are just under 3240

i...
This is called trailing stop.
But sadly my broker doesn't have a trailing stop, but I could really need one... maybe there is some kind of EA....
Last time, USD/JPY missed my TP just 4 PIPs and then fell back 87 Pips, so I could only take manual profit (62 pips...), a trailing stop could have helped here...
Warning: Greenhorn Don't get greedy and stick to your strategy
  • #615,605
  • Mar 26, 2012 12:25pm Mar 26, 2012 12:25pm
This is what I said 30 hours ago:

Quoting Cheese_Mouse
I agree. Most of the retail crowd is short right now. The sheeple will get slaughtered.
And this is what I said 23 hours ago:

Quoting Cheese_Mouse
We are going to take out 1.33 on Monday. The retail shorts have to run before we can resume road to south.
Conlusion. The sheeple have a tendency to get slaughtered. That is why they are called sheeple.
  • #615,606
  • Mar 26, 2012 12:25pm Mar 26, 2012 12:25pm
sorry guys...but is there any way to change your FF username?
  • #615,607
  • Mar 26, 2012 12:27pm Mar 26, 2012 12:27pm
Quoting gsbotes
sorry guys...but is there any way to change your FF username?
nope
  • #615,608
  • Mar 26, 2012 12:27pm Mar 26, 2012 12:27pm
Quoting DaChief
This is called trailing stop.
But sadly my broker doesn't have a trailing stop, but I could really need one... maybe there is some kind of EA....
correct but not correct 100% because trailing stops are with fixed pips difference from high or low and stops profits are not with fixed pips difference
stops profits are used manually and they are hidden from the charts!
  • #615,609
  • Mar 26, 2012 12:28pm Mar 26, 2012 12:28pm
Quoting gsbotes
sorry guys...but is there any way to change your FF username?
No, i don't think anybody has ever asked that recently.

You could try asking the admins, if there are admins in this site.
Learn to see what's there, not what you want to see.
  • #615,610
  • Mar 26, 2012 12:29pm Mar 26, 2012 12:29pm
Quoting turmaz
correct but not correct 100% because trailing stops are with fixed pips difference from high or low and stops profits are not with fixed pips difference
stops profits are used manually and they are hidden from the charts!
hidden from the charts???
  • #615,611
  • Mar 26, 2012 12:30pm Mar 26, 2012 12:30pm
Quoting TraderBoyFF
No, i don't think anybody has ever asked that recently.

You could try asking the admins, if there are admins in this site.
Cool thanks , donno what came over me when i made this one lol
  • #615,612
  • Mar 26, 2012 12:34pm Mar 26, 2012 12:34pm
Quoting turmaz
correct but not correct 100% because trailing stops are with fixed pips difference from high or low and stops profits are not with fixed pips difference
stops profits are used manually and they are hidden from the charts!
Okay, so you modify your Stop Loss during the trade. I think most of the traders do this because it would be totally dumb to leave +1000 Pip trade with a stop profit in -200.... or +/- + Pips....

I also do this of course, when I'm like 200 Pips in profit I wouldn't risk to loose 120 Pips of course. I will lock the profits by movin the stop loss to +120 pips...

But I really think that every trader does this....

I always combine this with a T/P because I FUCKING LOVE IT when a SPIKE HITS MY T/P and the price then moves back. This is a great feeling if a spike hits your T/P and your like "hell yeah I knew it!"
Warning: Greenhorn Don't get greedy and stick to your strategy
  • #615,613
  • Mar 26, 2012 12:36pm Mar 26, 2012 12:36pm
Quoting gsbotes
sorry guys...but is there any way to change your FF username?
If it is really important, you can sign up with a different email address and a different username, but just changing it, I don't think you can.
Maybe ask FF to make sure?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #615,614
  • Mar 26, 2012 12:39pm Mar 26, 2012 12:39pm
Is this real or demo ???

Quoting Saintpeter
Good evening fellow traders,

Here is my results for the day till this moment...

Short @ 1.33143 16.16 lots
TP 32.213

and waiting for a better spot to increase my shorts!

maybe between 1.3330 and 1.3340 or 50...

Cheers,

Saint
  • #615,615
  • Mar 26, 2012 12:41pm Mar 26, 2012 12:41pm
i dont know why killer whale dislike me so much??


does any one knows???
  • #615,616
  • Mar 26, 2012 12:42pm Mar 26, 2012 12:42pm
Quoting DaChief
Okay, so you modify your Stop Loss during the trade. I think most of the traders do this because it would be totally dumb to leave +1000 Pip trade with a stop profit in -200.... or +/- + Pips....

I also do this of course, when I'm like 200 Pips in profit I wouldn't risk to loose 120 Pips of course. I will lock the profits by movin the stop loss to +120 pips...

But I really think that every trader does this....

I always combine this with a T/P because I FUCKING LOVE IT when a SPIKE HITS MY T/P and the price then moves back. This is a great feeling...

lol$$$$$$$
  • #615,617
  • Mar 26, 2012 12:43pm Mar 26, 2012 12:43pm
Coz you talked without any proof or evidence to back up your claim

Quoting turmaz
i dont know why killer whale dislike me so much??


does any one knows???
  • #615,618
  • Mar 26, 2012 12:45pm Mar 26, 2012 12:45pm
Trading is not a sprint; its boxing. The market will beat you up,
screw with your head, and do anything it can to defeat you.
But when the bell sounds at the end of the twelfth round,
you must be standing in the ring in order to win.
  • #615,619
  • Mar 26, 2012 12:46pm Mar 26, 2012 12:46pm
Quoting gsbotes
hidden from the charts???
means which is wel under latest swing low or swing high if u r short
  • #615,620
  • Mar 26, 2012 12:47pm Mar 26, 2012 12:47pm
Do you have a pennant on the 15 min cgart forming? Could be a possible move up into 1,3380?
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