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  • #6,261
  • Jul 10, 2012 10:51pm Jul 10, 2012 10:51pm
Quoting Tony112
I'm going on the conservative side today... tp will be 300
hi Tony112 and fartist,

One small question, in my MT4 not function of 5 sec, so please tell me what platform you use to find the first two pips of LO and NO.

thanks in advance.
  • #6,262
  • Jul 11, 2012 12:52am Jul 11, 2012 12:52am
Hi there! Im using OANDA platform, Fxtrade.
Whether you can or you can't, you are both right.
  • #6,263
  • Jul 11, 2012 3:55am Jul 11, 2012 3:55am
Hi I am in buy with LO. any one else?
  • #6,264
  • Jul 11, 2012 4:36am Jul 11, 2012 4:36am
Quoting umpats
Hi I am in buy with LO. any one else?
great, but it should have been closed out at BE shouldn`t it? You must be using a wide stop
  • #6,265
  • Jul 11, 2012 4:44am Jul 11, 2012 4:44am
LO -2
Whether you can or you can't, you are both right.
  • #6,266
  • Jul 11, 2012 5:09am Jul 11, 2012 5:09am
Quoting fartist
LO -2
Same -2 +spread.
  • #6,267
  • Jul 11, 2012 2:00pm Jul 11, 2012 2:00pm
floating at 80 pips since tuesday
Attached Image (click to enlarge)
Click to Enlarge Name: 22.jpg Size: 70 KB
Invest in alarm clocks
  • #6,268
  • Edited 2:31pm Jul 11, 2012 2:28pm | Edited 2:31pm
Quoting Tony112
floating at 80 pips since tuesday
My EA's stoploss was clipped on Tuesday but I still have a trade from last week thats up 360 pips.
Attached Image (click to enlarge)
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  • #6,269
  • Jul 11, 2012 11:00pm Jul 11, 2012 11:00pm
Great you're still holding on tony! I was stopped out on that trade at +4 as i trailed it when its up 40+, ouch.

Anyway i have a qns for you, recently i notice when LO or NY price sometimes just sits around and do nothing.

In times like this i sit out on those trade as price literally wasn't moving at all or not much at all.

what would you do in situations like that?

One thing i noticed is that if it wants to move, on the open it usually goes in one direction without turning back..
Whether you can or you can't, you are both right.
  • #6,270
  • Jul 12, 2012 12:00am Jul 12, 2012 12:00am
Hi Tony,

One question how you go to 2 pips stop loss to 0 pips.
means when you go +40 then you change your stop loss manually 0 or what ? guide me.
thanks
  • #6,271
  • Jul 12, 2012 1:56am Jul 12, 2012 1:56am
If you are already in a trade, and waiting for the 400 TP. Do you trade the next day? Or you let it ride and close before you trade again? Also, what happens if the next day, the movement is opposite of your existing trade? Oanda will not allow you to hedge.
  • #6,272
  • Jul 12, 2012 2:06am Jul 12, 2012 2:06am
LO i am in sell , any one else?
  • #6,273
  • Jul 12, 2012 3:32am Jul 12, 2012 3:32am
Quoting Jb3
If you are already in a trade, and waiting for the 400 TP. Do you trade the next day? Or you let it ride and close before you trade again? Also, what happens if the next day, the movement is opposite of your existing trade? Oanda will not allow you to hedge.
What you could do is have a sub account.
Whether you can or you can't, you are both right.
  • #6,274
  • Jul 12, 2012 7:08am Jul 12, 2012 7:08am
Quoting Jb3
If you are already in a trade, and waiting for the 400 TP. Do you trade the next day? Or you let it ride and close before you trade again? Also, what happens if the next day, the movement is opposite of your existing trade? Oanda will not allow you to hedge.
You have to stay in the trade until you lose or win.
Since the default order size is based on 100% of the leveraged net asset value, we have to wait for the trade to close. In other words only 1 trade until its done.
Invest in alarm clocks
  • #6,275
  • Jul 12, 2012 7:09am Jul 12, 2012 7:09am
floating at 120 pips
Invest in alarm clocks
  • #6,276
  • Jul 12, 2012 8:19am Jul 12, 2012 8:19am
What if at the open, price consolidates or does nothing for few mins, do you use still trade?
Whether you can or you can't, you are both right.
  • #6,277
  • Jul 12, 2012 8:33am Jul 12, 2012 8:33am
Quoting fartist
What if at the open, price consolidates or does nothing for few mins, do you use still trade?
Yes volatility can start anytime, the opens are slow sometimes but it's part of the process.
Invest in alarm clocks
  • #6,278
  • Jul 12, 2012 8:40am Jul 12, 2012 8:40am
Quoting Tony112
Yes volatility can start anytime, the opens are slow sometimes but it's part of the process.
Ok can i'll take note of it! But for most of your trades that are winner, im assuming they start moving at the start of the open?

Or are there cases whereby it consolidates before moving off?
Whether you can or you can't, you are both right.
  • #6,279
  • Jul 12, 2012 9:29pm Jul 12, 2012 9:29pm
Hi Tony,Fartist.

One question how you go to 2 pips stop loss to 0 pips.
means when you go +40 then you change your stop loss manually 0 or what ? guide me.
thanks

http://www.forexfactory.com/images/m...ading_dark.gif

  • #6,280
  • Jul 12, 2012 11:08pm Jul 12, 2012 11:08pm
Quoting umpats
Hi Tony,Fartist.

One question how you go to 2 pips stop loss to 0 pips.
means when you go +40 then you change your stop loss manually 0 or what ? guide me.
thanks

http://www.forexfactory.com/images/m...ading_dark.gif

Hi there, basically its discretionary.
When the trades goes 2 pips or more i set it to BE myself.

However different people will have different risk tolerance, some may let the trade go to 5 pips or more.. its all up to you. Hope that helps.
Whether you can or you can't, you are both right.
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