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Trading EURUSD only

  • #2,041
  • Oct 16, 2012 9:07am Oct 16, 2012 9:07am
I had a very bad SL put on my order. To see it rise exacly to my sl and then to reverse back :S Waiting for a another trade.
  • #2,042
  • Oct 16, 2012 9:09am Oct 16, 2012 9:09am
Quoting Stimulus
Hey Mahn, your stops are way tight for today's volatility. Maybe use tight stop like that in Asia trading for EU.
My friend, I have been doing this for 15 years.....my strategies work with tight stops.....and in forex there is no such thing as right or wrong.....Look at all my past posts and you will see.....
Thank you for trying to help....
  • #2,043
  • Oct 16, 2012 9:12am Oct 16, 2012 9:12am
Quoting 4xPIPAHOLIC
I would like to see it close below the round number and below the 10ma.....before I take another gamble trade....
I stopped gambling with forex once i started trading multiple lots. I enter positions with multiple reasons to support my bias for the timeframe. I have not been stopped since April 2012. It was by 5.8 pips overnight while sleeping. I have closed alot of positions for breakeven tho. - spread.
"My 2 cents"
  • #2,044
  • Oct 16, 2012 9:12am Oct 16, 2012 9:12am
it does

it does take SL with 0.1 pip & miss TP 0.1

Quoting mok1one
I had a very bad SL put on my order. To see it rise exacly to my sl and then to reverse back :S Waiting for a another trade.
  • #2,045
  • Oct 16, 2012 9:13am Oct 16, 2012 9:13am
Chart 5min. On 1 min it's the 5th time it is trying to break that fib channel down. Stop below. Target 4HR decending trendline.
Attached Image (click to enlarge)
Click to Enlarge Name: 5th.jpg Size: 71 KB
  • #2,046
  • Oct 16, 2012 9:13am Oct 16, 2012 9:13am
Quoting Stimulus
Hey Mahn, your stops are way tight for today's volatility. Maybe use tight stop like that in Asia trading for EU.
I understand what you are saying about volatility.....but when your stop is placed correct anything more than 15pips is extreme on the 15m timeframe....
  • #2,047
  • Oct 16, 2012 9:14am Oct 16, 2012 9:14am
if you stil trading you are actually with your system base ( technical/fundumental........) gambling


Quoting Stimulus
I stopped gambling with forex once i started trading multiple lots. I enter positions with multiple reasons to support my bias for the timeframe. I have not been stopped since April 2012. It was by 5.8 pips overnight while sleeping. I have closed alot of positions for breakeven tho. - spread.
  • #2,048
  • Oct 16, 2012 9:16am Oct 16, 2012 9:16am
lets go down

Quoting stevewalker
5 M exectly did the same formation that I booked -30 on 2937

short formation.

lets see if it will work tghis time.
  • #2,049
  • Oct 16, 2012 9:17am Oct 16, 2012 9:17am
Quoting Stimulus
I stopped gambling with forex once i started trading multiple lots. I enter positions with multiple reasons to support my bias for the timeframe. I have not been stopped since April 2012. It was by 5.8 pips overnight while sleeping. I have closed alot of positions for breakeven tho. - spread.

Really...very interesting...... that is amazing.....

You are one of a kind , cause when I traded for the bank....we where 150 traders....no one had ever achieved that....(without martingale witch sooner or later you go bust...)
  • #2,050
  • Oct 16, 2012 9:17am Oct 16, 2012 9:17am
I´m working and is complicated to follow, but definitly, 1.3070 is the maximum possible on short term for bears...previous high, and resistance trend line on daily and weekly...if it keeps below, there´s hope for shorts, not much, but something
  • #2,051
  • Oct 16, 2012 9:18am Oct 16, 2012 9:18am
Tuche, my friends. We all have reasons for the way we trade. I cant call it "Gambling" otherwise my wife wouldnt let me do this, lol.
"My 2 cents"
  • #2,052
  • Oct 16, 2012 9:20am Oct 16, 2012 9:20am
3005/8
  • #2,053
  • Oct 16, 2012 9:21am Oct 16, 2012 9:21am
Quoting stevewalker
if you stil trading you are actually with your system base ( technical/fundumental........) gambling
exactly

we do not mean casino gambling.....
what I wanted to say was taking a signal by putting the odds in my favor....but it will always be speculating.....it will always be a gamble....
  • #2,054
  • Oct 16, 2012 9:21am Oct 16, 2012 9:21am
with respect to your wife, dont let her join FF
may read your posts

Quoting Stimulus
Tuche, my friends. We all have reasons for the way we trade. I cant call it "Gambling" otherwise my wife wouldnt let me do this, lol.
  • #2,055
  • Oct 16, 2012 9:22am Oct 16, 2012 9:22am
Quoting 4xPIPAHOLIC
Really...very interesting...... that is amazing.....

You are one of a kind , cause when I traded for the bank....we where 150 traders....no one had ever achieved that....(without martingale witch sooner or later you go bust...)
I do add to losin positions within major sup/res to avg in for break even. Your right, its very risky. I have had my drawdown days. I will not make my self out to be a FX superhero. Im just very aggressive but trying to tame that beast.
"My 2 cents"
  • #2,056
  • Oct 16, 2012 9:22am Oct 16, 2012 9:22am

Quoting 4xPIPAHOLIC
exactly

we do not mean casino gambling.....
what I wanted to say was taking a signal by putting the odds in my favor....but it will always be speculating.....it will always be a gamble....
  • #2,057
  • Oct 16, 2012 9:23am Oct 16, 2012 9:23am
Steve, what you looking at for short TP?
"My 2 cents"
  • #2,058
  • Oct 16, 2012 9:23am Oct 16, 2012 9:23am
It looks like the bears "just might" take over.....lets see...
  • #2,059
  • Oct 16, 2012 9:25am Oct 16, 2012 9:25am
Quoting 4xPIPAHOLIC
exactly

we do not mean casino gambling.....
what I wanted to say was taking a signal by putting the odds in my favor....but it will always be speculating.....it will always be a gamble....
You can remain irrational longer than you can remain solvent.
  • #2,060
  • Oct 16, 2012 9:26am Oct 16, 2012 9:26am
.
Quoting stevewalker
3005/8
Quoting Stimulus
Steve, what you looking at for short TP?
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