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  • #760,161
  • Feb 18, 2013 2:58am Feb 18, 2013 2:58am
Quoting kbmoonshinex
one day you can hurt with that strategy.
that is one of the common thing traders do in this market that kills so fast! doubling your lot when in a loosing trade without any sign of a reversal. If you most add to your trade, there most be strong sign of a reversal!
well let the expert advice more on this
*just saying*
Maximizing your potentials!
  • #760,162
  • Feb 18, 2013 2:59am Feb 18, 2013 2:59am
hey KB & Math GB
how they hanging
Trade What You See Not What You Want To See
  • #760,163
  • Feb 18, 2013 3:00am Feb 18, 2013 3:00am
Quoting math_GB
??? How come this is scalping...? That is a massive SL. Anyway, it is your account. watch UJ, if 94.15 s taken it is heading at least 50-60 pips up...
94.20 stop triggered Asian session.
  • #760,164
  • Feb 18, 2013 3:00am Feb 18, 2013 3:00am
Quoting pipsallday
hey KB & Math GB
how they hanging
i am fine bro. have already some pips
looking for investors . pm me
  • #760,165
  • Feb 18, 2013 3:01am Feb 18, 2013 3:01am
Quoting EpsilonVaz
Countering with a larger size is like pissing into the wind.

  • #760,166
  • Feb 18, 2013 3:02am Feb 18, 2013 3:02am
hey fellas, watching currently for 3400,higher 3458, otherwise down to 3205, went long below asia session @ 3324
  • #760,167
  • Feb 18, 2013 3:04am Feb 18, 2013 3:04am
there are to many resistence area for longer. i hate this situation. so i dont order. only watch reaction of market.

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  • #760,168
  • Feb 18, 2013 3:04am Feb 18, 2013 3:04am
any suggestions on how to manage this short?
  • #760,169
  • Feb 18, 2013 3:05am Feb 18, 2013 3:05am
Quoting pipsallday
hey KB & Math GB
how they hanging

Good Morning mate..! I bid you a great week ahead... Same old mate, nothing new in Disneyland

Holding Longs with EU,EJ and UJ, I don't think the move with Yen Pairs is finished yet.
  • #760,170
  • Feb 18, 2013 3:05am Feb 18, 2013 3:05am
Quoting kbmoonshinex
i am fine bro. have already some pips
great stuff
just in but notready to trade for another hour
things to do
Trade What You See Not What You Want To See
  • #760,171
  • Feb 18, 2013 3:06am Feb 18, 2013 3:06am
Quoting math_GB
Good Morning mate..! I bid you a great week ahead... Same old mate, nothing new in Disneyland

Holding Longs with EU,EJ and UJ, I don't think the move with Yen Pairs is finished yet.
Trade What You See Not What You Want To See
  • #760,172
  • Feb 18, 2013 3:06am Feb 18, 2013 3:06am
@lonewolf. I can see from your trade explorer that you are already up 193 pips today with about 180 of it from eur/jpy alone. please can you share your entry and exit criteria with me. thanks in advance
C.O.B.R.A FX - MENACE TO MY BROKER!!
  • #760,173
  • Feb 18, 2013 3:08am Feb 18, 2013 3:08am
^ he is killing it, but had 62% dd?
  • #760,174
  • Feb 18, 2013 3:08am Feb 18, 2013 3:08am
Quoting math_GB
Good Morning mate..! I bid you a great week ahead... Same old mate, nothing new in Disneyland

Holding Longs with EU,EJ and UJ, I don't think the move with Yen Pairs is finished yet.
Where is your TP with EU if you have any? And in what time horizon?
-- There's no winner without lose --
  • #760,175
  • Feb 18, 2013 3:11am Feb 18, 2013 3:11am
Quoting MaxDoom
If a trade is a "good trade" to take then it should be worth the same risk as any other trade you take, after all you never actually know in advance which ones will loose and which will win. So this raises a couple of questions when you take different sized trades like you have

1. What happens if you win on the 0.2 and lose on the 0.7? any winning edge you had is long gone.

2. If you rated the 0.7 trade better odds than the 0.2 trade why would you take a less optimal entry at all? ie: the 0.2 trade
Hello MaxDoom. Well using this link as an example.
http://www.surinotes.com/Tradestatio..._TJDec2007.pdf (Which was posted by a fellow trader here several hours ago)

If I'm playing a specific price for my entry. Whether it be a re-break of the last high/low. Say a new low is created. In which the candle closed resulting in you being up 5 points. If it is a true breakout. Then "TYPICALLY" you entry won't recross. Which is what happened with the .2 order I was playing for the breakout wagering 2 dollars a pip. Should that entry price becomes a reversal price. I should be able to catch a few points as the price action does one of two things ( Reverses completely, or fakes a reversal and heads back down) As you mentioned, we don't actually know where the price will go. Yet, by preparing to cut our losses at the next candle open, we are in a better position to move with the price action. Not against it.
  • #760,176
  • Feb 18, 2013 3:12am Feb 18, 2013 3:12am
Quoting JamesCZ
Where is your TP with EU if you have any? And in what time horizon?
EU Long @ 1.3325 - SL 1.3305 (will be moving it to breakeven in less than 10 mins)
EJ Long @ 125.25 SL 125.05
UJ Long @93.95 SL 93.75

Watching UJ to decide on TP
  • #760,177
  • Feb 18, 2013 3:16am Feb 18, 2013 3:16am
Quoting math_GB
EU Long @ 1.3325 - SL 1.3305 (will be moving it to breakeven in less than 10 mins)
EJ Long @ 125.25 SL 125.05
UJ Long @93.95 SL 93.75

Watching UJ to decide on TP
Thanks for your answer man. And is it possible that liqudity today will be low because of US bank holidays?
-- There's no winner without lose --
  • #760,178
  • Feb 18, 2013 3:19am Feb 18, 2013 3:19am
Quoting JamesCZ
Thanks for your answer man. And is it possible that liqudity today will be low because of US bank holidays?
Of course it will be but it is no such bad thing, we can all go home earlier today. The only main event is Dragshit. I intend to be done for the day before he sticks his cute face to the cameras.
  • #760,179
  • Feb 18, 2013 3:20am Feb 18, 2013 3:20am
125.439 is pending buy for eur/jpy SL 10
  • #760,180
  • Feb 18, 2013 3:21am Feb 18, 2013 3:21am
Quoting JamesCZ
Thanks for your answer man. And is it possible that liqudity today will be low because of US bank holidays?
Typically eur/usd increases when US MARKET is closed.
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