Sounds great in theory. In reality, unless you ride a very strong and rapid move, in most cases you will be taken out during a short-lived retrace with only 10 pips profit. When indicators and confirm a move, I'd rather aim for the technical targets
I do set certain targets (usually 15 - 25 pips), so if i cross the 10 pip profit and then hit my target, great!, if not at least i'm stopped @ BE.
I do take very few positions per day and try to pick ones where the probablities are in my side, so far this system is generating good profits for me (been using it since almost 2 months) so i intend to keep using it
thanks for the advice anyway
plus my national team is playing in 5 mins now, i cant trade while watching a match
watching charts, wont change it Me three - you ask him I don't remember
I think I'll stay out for the rest of today...kinda happy with 50pips and I really don't see a resolution in Cyprus happen today.
Why? if you have everything planned out, you can easily watch it
me too...dont understand
Its that price range from the last friday close to monday open. Closing the gap, means the price will fill the blank space the next hours or days.
Merkel's maaaaaaaaaaaaaaaad at Cyprus and not hiding it. I doubt Cyprus can strike a deal unless Germany's happy with it, and the back and forth today I just don't see it happening before the end of this weekend. They might pull a rabbit out of their hat over the weekend and present a "solution" on Monday, a day before banks are supposed to open again...just so they can sell it as a "see, it's not as bad...we delivered before a total breakdown" hopium message.
Three figures that should make everyone worry:
1) Global debt of $190 trillion.
2)...
Math_Gb a nice hello to you, you know what time is it Merkel's maaaaaaaaaaaaaaaad at Cyprus and not hiding it. I doubt Cyprus can strike a deal unless Germany's happy with it, and the back and forth today I just don't see it happening before the end of this weekend. They might pull a rabbit out of their hat over the weekend and present a "solution" on Monday, a day before banks are supposed to open again...just so they can sell it as a "see, it's not as bad...we delivered before a total breakdown" hopium message.
Three figures that should make everyone worry:
1) Global debt of $190 trillion.
2)...
In short: The math just doesn't stack up and it's clear the entire wold economy is "a bit" of a house of cards.
I do set certain targets (usually 15 - 25 pips), so if i cross the 10 pip profit and then hit my target, great!, if not at least i'm stopped @ BE.
I do take very few positions per day and try to pick ones where the probablities are in my side, so far this system is generating good profits for me (been using it since almost 2 months) so i intend to keep using it
thanks for the advice anyway
