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  • #669,841
  • Jul 19, 2012 12:41pm Jul 19, 2012 12:41pm
Quoting Ultimate6
TP'd long and sell limit executed.
closed long +51 pips.
now sell @1.2280 SL @1.2293 tp @let it run.
maybe my SL will be hit, but it's not a big deal, done for today...
Dangdut is a music of my country
  • #669,842
  • Jul 19, 2012 12:45pm Jul 19, 2012 12:45pm
Quoting Trader88q
pips is one thing another is real money u can make.
if u open a lot of small amount of money positions and go in rigth direction u can make and 1000 pips but less money than if u open one position with big amount of money and make good cash from 20-30 pips.

i always take 40-60 pips per day. for me its enough. and if i am wrong i do the same. loss 50 pips not more.

i play with 20% of my account. balance 1250 $ for today. not much. but i am begginer only 7 mounths in trading
And what lot size do you trade?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #669,843
  • Jul 19, 2012 12:47pm Jul 19, 2012 12:47pm
Quoting Trader88q
so !!!! we got good news dont we? regarding spain banks bailout.
so !!! will market buy euro tomorow what do you think?
or again its gona go to hell....
my hint...
hmm what is the pattern over the last 5 days on the london (GMT time) daily chart called... and tomorrow is a friday.
  • #669,844
  • Jul 19, 2012 12:48pm Jul 19, 2012 12:48pm
Quoting NuNix
closed long +51 pips.
now sell @1.2280 SL @1.2293 tp @let it run.
maybe my SL will be hit, but it's not a big deal, done for today...
it should not be hit,, am also in short
  • #669,845
  • Jul 19, 2012 12:49pm Jul 19, 2012 12:49pm
Quoting KillerWhale
And what lot size do you trade?
1:50
  • #669,846
  • Jul 19, 2012 12:53pm Jul 19, 2012 12:53pm
Quoting KillerWhale
And what lot size do you trade?
What Happened In the Bailout of Spain !?!?
  • #669,847
  • Jul 19, 2012 12:53pm Jul 19, 2012 12:53pm
Quoting kumarr81
it should not be hit,, am also in short
i hope so
Dangdut is a music of my country
  • #669,848
  • Jul 19, 2012 12:54pm Jul 19, 2012 12:54pm
Quoting PaPIPchulo
The talk about pips, while it is good to be on the right side of the market, is MEANINGLESS.

Open 10 small position at once that move 40 pips, and you can come to a forum and pretend you are some sort of guru since you can make 400 pips in a week!!

Thanks to leverage and money management, I can catch 10 pips and make the same if not more percentage wise on my account. In the end of the day is not how many pips you can get. It's all about making the most money.
Trading is not about making the most money. Trading is knowing your risk.
  • #669,849
  • Jul 19, 2012 12:57pm Jul 19, 2012 12:57pm
Quoting Ultimate6
my hint...
hmm what is the pattern over the last 5 days on the london (GMT time) daily chart called... and tomorrow is a friday.

we will arrive at 2170 area again
  • #669,850
  • Jul 19, 2012 1:04pm Jul 19, 2012 1:04pm
Quoting Compulsive
Trading is not about making the most money. Trading is knowing your risk.
Agreed
Dangdut is a music of my country
  • #669,851
  • Jul 19, 2012 1:07pm Jul 19, 2012 1:07pm
Quoting Trader88q
we will arrive at 2170 area again
or lower i think.
  • #669,852
  • Jul 19, 2012 1:08pm Jul 19, 2012 1:08pm
e/u back to 229x-2300 1-2 hour

now is low on m5 in my opinion
More on my Blog...
  • #669,853
  • Jul 19, 2012 1:11pm Jul 19, 2012 1:11pm
German parliement approves Spanish bailout:
http://www.guardian.co.uk/business/2...f90c7116d8352d

We'll see how the bond yields react. Haha, can't believe the market is still almost ignoring this.
  • #669,854
  • Jul 19, 2012 1:11pm Jul 19, 2012 1:11pm
Quoting Trader88q
1:50
Then better prepare for a very short trading career.
No successful trader uses that leverage

125 pips against you = margin call
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  • #669,855
  • Jul 19, 2012 1:15pm Jul 19, 2012 1:15pm
Quoting mv6
e/u back to 229x-2300 1-2 hour

now is low on m5 in my opinion
so i closed it @1.2265
nice +15 pips, thank you...
Dangdut is a music of my country
  • #669,856
  • Jul 19, 2012 1:26pm Jul 19, 2012 1:26pm
Long EurUsd here @ 1.2265 SL @ 1.2250

A little late in the day for trades but expecting a drive up for US market close. This EU has been so choppy today, it's winding up for something
  • #669,857
  • Jul 19, 2012 1:28pm Jul 19, 2012 1:28pm
Quoting NuNix
so i closed it @1.2265
nice +15 pips, thank you...
now long buy @1.2271 SL @1.2255 TP @1.2305
Dangdut is a music of my country
  • #669,858
  • Jul 19, 2012 1:37pm Jul 19, 2012 1:37pm
A bit complex correction/bearflag in the works. Looking for a poke towards 2350/60 before reloading shorts.

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  • #669,859
  • Jul 19, 2012 1:41pm Jul 19, 2012 1:41pm
Hope this will help you,,
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  • #669,860
  • Jul 19, 2012 1:42pm Jul 19, 2012 1:42pm
Quoting Trader88q
i play with 20% of my account. balance 1250 $ for today. not much. but i am begginer only 7 mounths in trading
I am aware of daily pip ranges, but I don't bother with setting myself a goal in pips. I'm a swin trader, so it is simply my style, but they I approach a trade is I know what percentage of my account I'm willing to lose per trade and I know my SL.

From then on, I don't care how many pips I get. I get out when I get the signal to go the other way.
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