EURUSD | Page 38234 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #764,661
  • Feb 27, 2013 1:55am Feb 27, 2013 1:55am
Quoting SilberSimon
Better entry mate .. the first time

wow!!
kind of wonder, how much health point your equity have when it turn into worse position but still survive and get profit?
when i have 100$ for my first trading , my safe point is just getting 5% profit from equity..but im enduring holding potition until -45% to get 5%..gladly hit my TP at certain price with high probability
  • #764,662
  • Feb 27, 2013 1:56am Feb 27, 2013 1:56am
BTW here a list of my yesterdays trades.. i think there where around 60-70 pips +

I thought my risk management is ok so ?


In Addition.. you see my SL's are here fucked up in some cases... this is the reason of my broker because there is no way to get it so tight automaticly.
Attached Image (click to enlarge)
Click to Enlarge Name: Schnappschuss (2013-02-27 08.54.27).png Size: 169 KB
  • #764,663
  • Feb 27, 2013 1:57am Feb 27, 2013 1:57am
Quoting RawD
that changes everything
and I just realized that since I`m using 1:300 leverage, it looks like 10% of margin for 3,3 pips in my case
but when I`m thinking about percents, I`m thinking about my whole deposit.
  • #764,664
  • Feb 27, 2013 1:58am Feb 27, 2013 1:58am
Quoting SilberSimon
I have a really tight SL math (10 pips) .. and i risk 0,2 % of my account per trade. Wrong ?

So i go in my trade with 2,50 $ ... with 10 pips SL .. so i risk 1$ per trade.

How you would do that ?

Then I got it all wrong. I saw 3.3 pips making 13% return which actually means with 20 pips being on the wrong side, you can blow the account. 10 pips SL for Yen crosses is not ideal but if you can manage it fine. I use 20 pips SL for EU and 30 pips for EJ of course I can pull out much earlier if I see that the trade is not working fine for me. Do not over leverage yourself with any of the pairs but especially with Yen crosses, you may get hurt pretty badly. Just see how it was moving last couple of days, every move was around 50 pips in one go.
  • #764,665
  • Feb 27, 2013 1:59am Feb 27, 2013 1:59am
Quoting math_GB
Then I got it all wrong. I saw 3.3 pips making 13% return which actually means with 20 pips being on the wrong side, you can blow the account. 10 pips SL for Yen crosses is not ideal but if you can manage it fine. I use 20 pips SL for EU and 30 pips for EJ of course I can pull out much earlier if I see that the trade is not working fine for me. Do not over leverage yourself with any of the pairs but especially with Yen crosses, you may get hurt pretty badly. Just see how it was moving last couple of days, every move was around 50 pips in one go....
I looked at the case from Math`s perspective as well
  • #764,666
  • Feb 27, 2013 2:01am Feb 27, 2013 2:01am
Quoting COopa
if the price break 3120, it would be an upside down head n shoulder pattern for long term trade around 2 days, u will get more than 150+ pips in a single position with SL around 3070 (50pips). put smaller lots than intraday regular lots and see the profit runs!!!! after that you can post your profit here LOL
im always set my TP only get 15pips and no more (set on big lot) even im become a swinger on demo (usually hit SL for 40% chance of trading, thats why im bad with swing-swing)..is enough for me and im happy
by the way, thanks for the advice
  • #764,667
  • Feb 27, 2013 2:02am Feb 27, 2013 2:02am
open london down !?
  • #764,668
  • Feb 27, 2013 2:03am Feb 27, 2013 2:03am
Quoting SilberSimon
BTW here a list of my yesterdays trades.. i think there where around 60-70 pips +

I thought my risk management is ok so ?


In Addition.. you see my SL's are here fucked up in some cases... this is the reason of my broker because there is no way to get it so tight automaticly.
I can't look at it now but will when convenient. There are very decent brokers in Germany, much better than the ones in UK actually. Also more ethical in many ways, make your market search, I am sure you will find plenty.
  • #764,669
  • Feb 27, 2013 2:03am Feb 27, 2013 2:03am
Quoting johncen
try some small buy here 3055...
as long as 2997 holds, we can still go back to 1.33
sl moved to be...
Patience, Emotion Control and Discipline.
  • #764,670
  • Feb 27, 2013 2:05am Feb 27, 2013 2:05am
Quoting SilberSimon
BTW here a list of my yesterdays trades.. i think there where around 60-70 pips +

I thought my risk management is ok so ?


In Addition.. you see my SL's are here fucked up in some cases... this is the reason of my broker because there is no way to get it so tight automaticly.
yes im agree with you. my entry signal never use sL..just we should know how to manage risk VS profit and trust on our system
  • #764,671
  • Feb 27, 2013 2:06am Feb 27, 2013 2:06am
Clear rejection EJ @120.25 and jumped in of course SL tight @120.35
  • #764,672
  • Feb 27, 2013 2:06am Feb 27, 2013 2:06am
And my chicken madness continues ... closed @BE could be 20+ as the last trade...
Attached Image (click to enlarge)
Click to Enlarge Name: Schnappschuss (2013-02-27 09.04.18).png Size: 8 KB
  • #764,673
  • Feb 27, 2013 2:07am Feb 27, 2013 2:07am
Quoting johncen
sl moved to be...
don't forget to baby sit , pa little crazy , my cable long from monday kissed be today after +120. i was little greedy
Mohan
  • #764,674
  • Feb 27, 2013 2:09am Feb 27, 2013 2:09am
Quoting LeeNoa
im always set my TP only get 15pips and no more (set on big lot) even im become a swinger on demo (usually hit SL for 40% chance of trading, thats why im bad with swing-swing)..is enough for me and im happy
by the way, thanks for the advice
its ok my friend, everyone has their own rules n system. Personally i used chart pattern and support/resistant to spot an opportunity, and just before any entry has to make sure the price is not oversold to enter short and to overbought to enter long. so far work pretty well, unless the price hit new record high and new record low
Everything in the world has its own rhytms
  • #764,675
  • Feb 27, 2013 2:10am Feb 27, 2013 2:10am
Opened an Oanda account .. will see how it goes there.

I'm happy that a risk manager explain my risk management is fine

Quoting math_GB
I can't look at it now but will when convenient. There are very decent brokers in Germany, much better than the ones in UK actually. Also more ethical in many ways, make your market search, I am sure you will find plenty.
  • #764,676
  • Feb 27, 2013 2:10am Feb 27, 2013 2:10am
Quoting math_GB
I can't look at it now but will when convenient. There are very decent brokers in Germany, much better than the ones in UK actually. Also more ethical in many ways, make your market search, I am sure you will find plenty.
I was using XTB MT4 account since 2007 ( Dealer Desk)
couple weeks ago I got account from dukascopy.com (ECN)

For last month I`ve been traiding both accounts, and all I can say, that today I send all my money from Polish broker to Switzerland.
0.15s from hitting button to getting in position, which means now sleepage,plus low spreads. Never gonna use desk broker again, since all they do when there is something going on the market, is requoting or giving like 4s slippage. Downside is that when you scalp you must remember about that 0,7 pip provision.
  • #764,677
  • Feb 27, 2013 2:11am Feb 27, 2013 2:11am
Quoting mohan76
don't forget to baby sit , pa little crazy , my cable long from monday kissed be today after +120. i was little greedy
its just a small one bro.. nearly end of the month
still remember in Jan..used to be 250+..woke up the other day with only 60 left...
opps...partial is important to protect profit..
Patience, Emotion Control and Discipline.
  • #764,678
  • Feb 27, 2013 2:11am Feb 27, 2013 2:11am
Quoting math_GB
Clear rejection EJ @120.25 and jumped in of course SL tight @120.35
It's been going on from Asian session. up down up down up down
  • #764,679
  • Feb 27, 2013 2:12am Feb 27, 2013 2:12am
Quoting Liza J
My real name is Liza and that is my real pic...no need to disguized because I have nothing to hide...lol


Btw. My plan earlier aborted...I enter long EU at 1.3050 and target profit is 1.3100...my stop loss at 1.3125... Green pips to all of us...!!!
did u receive strategy?
  • #764,680
  • Feb 27, 2013 2:13am Feb 27, 2013 2:13am
Quoting math_GB
Clear rejection EJ @120.25 and jumped in of course SL tight @120.35
...good timing, and what is your target ?
522 traders viewing now, 2 are registered:
F.g
,
Gecco8