EURUSD

just closed +60. and catch again

Sums up my thoughts, what is this pair playing at.

Somebody must have said something then it was denied

And people kept telling me how risky my 1.2864 long was, falling knives and all

Yikes!! tripped my short entry, hope this works out....OMG

Recovered ahahaha! I survived this day! Hope others got the push up too!

WOW

Sorry Max for being an A*s with you.

I thought you were giving me BS. I caught quite a bit of sh*t from a couple of traders who mocked my system because its outside the box so to speak and beyond there SL herd mentality. I in turn give what I get (great way to live as it keeps everyone honest and...bringing out my Faith here...The Good Book says what you sow you will reap.) Ok enough with the bibilcal lesson.

Yes I trade in a pyramid formation meaning my short positions are bigger than my long positions.

This is because the Euro's major trend is down so my MM software I wrote allocates more capital to the short side vs. longs.

I dont use SL and trade both biases because Ms Market does the "random walk" and I am confident either trade will go into the money at some point. While I am waiting on one bias to go ITM I am trading the other. Just because I have positions OTM doesnt mean I quit trading this bias if the indos agree. I just reenter at a better price and exit when the indos say so. I primary use the 5 and 15 SMA on the 10M chart among other indos and HSR.

Yes I have DDs but I dont care. I used a wide extreme for E price for high and low (over 2000 pips) and as long as the price doesnt reach the extreme with more positions than the software says I should have I never get a MC.

Its all about the math. Because OANDA will let me have a main and sub account I can transfer money between the two if needed within secs.

Some morons (I am being kind here) on here have said "Terrible waste of equity" REALLY DUMBSH*T??? Leaving money in the bank @ 0 interest is a waste of equity. Getting stopped out everyday is a waste of equity.

We all know the PA goes in waves long and short in all TFs so I have no worries Ms Market will vindicate my positions in time. (PATIENCE is a big tool in my FX toolbox)

In the mean time I have plenty of cash to continue trading long and short as the indos and FA (to a degree) indicate.

Its my style to trade without SL so my MM has to be TOP TIER for pos sizing and to avoid price saturation.

As I have said I tried the SL thing for years and all i got was death by a thousand SLs. Took forever to get my account to grow going over the same old ground. I couldn't see the sense of it and knew there had to be a better way at least for me. The sign above my desk says "High expectations are the key to everything"- Sam Walton.

After blowing up a few accounts and being demoralized by Ms Market I decided to put my 13+ years of Microsoft language programming and Database administration to work. I also had to get to the point of loving trading more than greed and this is how my signature is "Trade smaller than rational because the market is irrational." I put my money where my mouth is. This is the only thing that will save you in FX.

OH the price alert went off. My long has been redeemed....so will my short in time and until I die I got plenty of that.

Hope this helps explain what I do when I do it.

I'm long in that area too.

ECB says it will provide liquidity to Cyprus within existing rules......indeed fx markets are suicidal

long....short....hmmm

Man, You are a damn writter

Hopefully it's gonna take off as soon as possible.

NICE....very nice scalping....omg...ichimoku rulez

lol no worries and no apology needed, thanks for the explanation

And a damn everything else too.. That damn JD..

if 15 min closed above 122.36 then go to 122.80 minimum

You are welcome Max.

For a sec I thought I was trading the Nat Gas or Silver market.