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  • #667,941
  • Jul 12, 2012 8:05am Jul 12, 2012 8:05am
Quoting kibescorp
Screw this shit, I've decided to make money by becoming a YouTube star instead.

And selling underwear.
LOL, I least you have a plan.
"Men who can both be right and sit tight are uncommon."
  • #667,942
  • Jul 12, 2012 8:08am Jul 12, 2012 8:08am
Try a bigger timeframe with a wider stoploss. Timing becomes less of an issue.

Quoting koliva
I told you. Now I am stopped out and probably it will go down again.
Prices are never too high to begin buying or too low to begin selling.
  • #667,943
  • Jul 12, 2012 8:09am Jul 12, 2012 8:09am
Quoting Myo
I am so taking this as my custom user title.
U may take better: Let it Bleed
Parady of Let it be by Rolling Stones
  • #667,944
  • Jul 12, 2012 8:09am Jul 12, 2012 8:09am
Quoting snprr
I'm short from 1.2176 sl: 1.2265. I took the position Friday
morning around 8AM EST. I wanted to trail the stop, but
fell asleep because of whacky sleeping patterns last week.
Luckily price didnt suddenly reverse on me through my stop
again. I'm thinking about moving the s/l asap to 1.2170, about
breakeven. I'll cover on another bounce around 1.1205 area,
but I'd like to leave the trade open and hopefully make some
decent gains on a break below 1.2060 area. I wish I wouldve
gotten in earlier, but have been focusing on the GBPUSD and
USDCHF...

I am in trade short at 1.2269 initial stop was at 1.2294 bit now trailed at 1.2247, targetting 1.2069. currently 80+ in position.
  • #667,945
  • Jul 12, 2012 8:10am Jul 12, 2012 8:10am
Quoting kibescorp
Screw this shit, I've decided to make money by becoming a YouTube star instead.

And selling underwear.
  • #667,946
  • Jul 12, 2012 8:23am Jul 12, 2012 8:23am
Quoting koliva
I told you. Now I am stopped out and probably it will go down again.
You need to be more patient. I don't see any opportunity to trade just now at all.
  • #667,947
  • Jul 12, 2012 8:27am Jul 12, 2012 8:27am
Quoting Moslem.Lotfi
Set My STOP @ 2334 Tp @ 2100
who is until with me?
  • #667,948
  • Jul 12, 2012 8:27am Jul 12, 2012 8:27am
Quoting duyk20
You need to be more patient. I don't see any opportunity to trade just now at all.
I agree, there was an opportunity at start at london session but now, no way of any setup...
  • #667,949
  • Jul 12, 2012 8:28am Jul 12, 2012 8:28am
Quoting Moslem.Lotfi
who is until with me?
my stop is @2247 target 2069
  • #667,950
  • Jul 12, 2012 8:29am Jul 12, 2012 8:29am
Quoting mayureshete
I agree, there was an opportunity at start at london session but now, no way of any setup...
Quoting duyk20
You need to be more patient. I don't see any opportunity to trade just now at all.
Could you please give me more detail? How do you understand this? How do you decide to open a position?
  • #667,951
  • Jul 12, 2012 8:32am Jul 12, 2012 8:32am
Quoting koliva
Could you please give me more detail? How do you understand this? How do you decide to open a position?
basically sell at high and buy at lows, dont buy or sell in front of major support or resistance. and judge the momentum of price with the help of higher timeframe. its simple but it took 2 years for me to get used to it.
  • #667,952
  • Jul 12, 2012 8:33am Jul 12, 2012 8:33am
Quoting koliva
Could you please give me more detail? How do you understand this? How do you decide to open a position?
Follow this simple system: Strong breakout, wait for a pin bar (2 bar reversal) retest, then enter short.

If all of this thing alight, then enter, if not, wait.

And don't follow something like 6 pips stoploss LOL, give the market some room for it to breath.
  • #667,953
  • Jul 12, 2012 8:33am Jul 12, 2012 8:33am
Quoting Mike8
LOL, I least you have a plan.
No plan just pain
  • #667,954
  • Jul 12, 2012 8:34am Jul 12, 2012 8:34am
Completely flat on all EUR/USD and GBP/USD shorts. Banking profits finally after about 2 weeks of building positions.

Feels good. Now rinse and repeat
check out my blog: forexmademillionaire dot com
  • #667,955
  • Jul 12, 2012 8:34am Jul 12, 2012 8:34am
You're risking 150 pips to get 75-80. Do you have a 90%+ win rate or something? That's poor R/R.

Quoting Moslem.Lotfi
who is until with me?
Prices are never too high to begin buying or too low to begin selling.
  • #667,956
  • Jul 12, 2012 8:34am Jul 12, 2012 8:34am
Quoting mayureshete
my stop is @2247 target 2069

hey there i think the trend going downer than it eur is on bad situation.
  • #667,957
  • Jul 12, 2012 8:36am Jul 12, 2012 8:36am
Quoting Moslem.Lotfi
hey there i think the trend going downer than it eur is on bad situation.
yeah but no matter what i always stick to my plan. BTW i am short @2269 stop at 2247 and target is 2069.
  • #667,958
  • Jul 12, 2012 8:37am Jul 12, 2012 8:37am
Quoting Geppy
Completely flat on all EUR/USD and GBP/USD shorts. Banking profits finally after about 2 weeks of building positions.

Feels good. Now rinse and repeat
Congratz, it takes a lot of guts to hold on to the swing.

However, I think it's a bit early to square.
  • #667,959
  • Jul 12, 2012 8:37am Jul 12, 2012 8:37am
1st entry ok, second not so good....i am kicking myself in the junk
Attached Image (click to enlarge)
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I got maths..
  • #667,960
  • Jul 12, 2012 8:39am Jul 12, 2012 8:39am
hey guys brb in few hrs. nice to be in a like minded community. was trading alone for last 3years but now it feels good, I was too lazy not to get involved in forums.
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