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  • #13,621
  • Apr 2, 2012 7:59am Apr 2, 2012 7:59am
Quoting huskyboy
out @ tp 3317
Well done on counter trade!
  • #13,622
  • Apr 2, 2012 8:01am Apr 2, 2012 8:01am
Weird..

S/O
  • #13,623
  • Apr 2, 2012 8:04am Apr 2, 2012 8:04am
3290 endangered. We may have a switch of intraday trend. No setup for me still, maybe n 30 mins things will be more clear.
  • #13,624
  • Apr 2, 2012 8:05am Apr 2, 2012 8:05am
Quoting Vladimir1987
Weird..

S/O
U have risked 27 pips, what was your leverage?
  • #13,625
  • Apr 2, 2012 8:13am Apr 2, 2012 8:13am
Its a small acc so i leverage a bit more.. about 1:20..
  • #13,626
  • Apr 2, 2012 8:21am Apr 2, 2012 8:21am
Quoting Vladimir1987
Its a small acc so i leverage a bit more.. about 1:20..
Be careful.....Its too much mate. on 10000 account 1:20 is worth of 2 % of a risk if u put your SL as 10 pips.

On 10000 account with 27 pips stop i would use maximum 1:6, 6 dollars per pip so if SL is hit its only 1,6 % loss MAXIMUM.

When I scalp with 10-12 pips SL on 10k account I usually go with 1:10-1:20 maximum as I use high win loss ratio strategy for scalping.

Win loss ratio of a particular strategy is VERY important when applied to intraday trading/scalps or scalp swings.

Dont go with 20 dollars per pip if your account is less then 10k or w/l ratio of scalping strategy is not at least 7:3.
  • #13,627
  • Apr 2, 2012 8:30am Apr 2, 2012 8:30am
It simple 3230 is dead stop for bulls. Below that we have bearish momentum which will mark the lower levels starting from 3150-3080.

4h is clear. 3300 important level for bulls and ONLY a failure of 3250 will print M pattern which will negate INV head and shoulders pattern.

If M doesnt get confirmed another swing to the upside is expected.

Attached Image (click to enlarge)
Click to Enlarge Name: M.jpg Size: 22 KB
  • #13,628
  • Apr 2, 2012 8:43am Apr 2, 2012 8:43am
Quoting T@rantula
It simple 3230 is dead stop for bulls. Below that we have bearish momentum which will mark the lower levels starting from 3150-3080.

4h is clear. 3300 important level for bulls and ONLY a failure of 3250 will print M pattern which will negate INV head and shoulders pattern.

If M doesnt get confirmed another swing to the upside is expected.

Attachment

Catch u when back home
  • #13,629
  • Apr 2, 2012 8:45am Apr 2, 2012 8:45am
Quoting egkid

Catch u when back home
OK, that 3280 is always good for 10 pippers lol. Lets see if it will hold.
  • #13,630
  • Apr 2, 2012 8:56am Apr 2, 2012 8:56am
Mentioning it again: 80s and 20s ARE NATURAL S/R LEVELS.
  • #13,631
  • Apr 2, 2012 9:11am Apr 2, 2012 9:11am
Quoting T@rantula
Be careful.....Its too much mate. on 10000 account 1:20 is worth of 2 % of a risk if u put your SL as 10 pips.

On 10000 account with 27 pips stop i would use maximum 1:6, 6 dollars per pip so if SL is hit its only 1,6 % loss MAXIMUM.

When I scalp with 10-12 pips SL on 10k account I usually go with 1:10-1:20 maximum as I use high win loss ratio strategy for scalping.

Win loss ratio of a particular strategy is VERY important when applied to intraday trading/scalps or scalp swings.

Dont go with 20 dollars per pip if your account is less...
No its much less then that 200 bucks.. So its more play money for now, if it reaches 1k ill apply good MM.
Its not kind of worth going with small leverage on a size of that...
  • #13,632
  • Apr 2, 2012 9:15am Apr 2, 2012 9:15am
Quoting Vladimir1987
No its much less then that 200 bucks.. So its more play money for now, if it reaches 1k ill apply good MM.
Its not kind of worth going with small leverage on a size of that...
OK good to hear that.
  • #13,633
  • Apr 2, 2012 9:16am Apr 2, 2012 9:16am
Need to go pay attention to 3280 3320 and 3250. Break below 3250 will give bears new strength but while above 3280 and 3290 its still uptrend.
  • #13,634
  • Apr 2, 2012 9:17am Apr 2, 2012 9:17am
My plan is to keep the size till 500 then double and keep the lot size the same till 2k and then double up again but thats just the plan
  • #13,635
  • Apr 2, 2012 10:44am Apr 2, 2012 10:44am
hello all. today my birthday i cant trade today. i think all green
looking for investors . pm me
  • #13,636
  • Apr 2, 2012 10:53am Apr 2, 2012 10:53am
Quoting kbmoonshinex
hello all. today my birthday i cant trade today. i think all green
happy bday and wish you more yrs to come....accept my present to you...
Attached Image
MY OPINION NOT FINANCIAL ADVISE
  • #13,637
  • Apr 2, 2012 10:57am Apr 2, 2012 10:57am
Look at this rise.. 4h close now...
  • #13,638
  • Apr 2, 2012 10:58am Apr 2, 2012 10:58am
Quoting donfriday
happy bday and wish you more yrs to come....accept my present to you...
thank you very much . very good present
looking for investors . pm me
  • #13,639
  • Apr 2, 2012 10:58am Apr 2, 2012 10:58am
Quoting kbmoonshinex
hello all. today my birthday i cant trade today. i think all green
Wish u all the best
  • #13,640
  • Apr 2, 2012 11:06am Apr 2, 2012 11:06am
Quoting Vladimir1987
Wish u all the best
thank you my friend
looking for investors . pm me
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