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Trading EURUSD only

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  • Post #42,201
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  • Apr 4, 2013 10:58pm Apr 4, 2013 10:58pm
  •  EuroTraderJD
  • | Commercial Member | Joined Nov 2012 | 3,178 Posts
Quoting Lucrativ
Disliked
Nitey nite all, after 10 here and eyes wide shut. JD, MIGS, Steve the walker and rehorst..good to see the old faithfuls. I'm holding my long into NFP from 2870, had a horrible day missed most of the move down as i posted earlier due to work. My D1 just doesnt show any R until 3050's,plus look at that a long tail (fractal). so i've planned my trade and i'm gonna trade my plan.. of course i could be wrong and it's up to the market to tell.... See you guys tomorow... {image}
Ignored
Good night brother see you on the battlefield tomorrow
Trade smaller than rational because the market is irrational...
 
 
  • Post #42,202
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  • Apr 4, 2013 11:19pm Apr 4, 2013 11:19pm
  •  MeInGraySuit
  • | Joined Mar 2012 | Status: Member | 1,306 Posts
Quoting Robby
Disliked
Wondering if it would be safe to sell going into NFP? Could one get out before NFP if they were to short it right here...
Ignored
I agree with JD, too many variables and unknowns.
 
 
  • Post #42,203
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  • Apr 4, 2013 11:48pm Apr 4, 2013 11:48pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
monkey stall here
 
 
  • Post #42,204
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  • Apr 4, 2013 11:58pm Apr 4, 2013 11:58pm
  •  Robby
  • | Joined Jun 2007 | Status: Member | 413 Posts
I am not going to short it...I am heading off to bed to get up and watch how bad they lie in the morning for NFP. See if I need to exit or stay long
Quoting MeInGraySuit
Disliked
I agree with JD, too many variables and unknowns.
Ignored
 
 
  • Post #42,205
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  • Apr 4, 2013 11:59pm Apr 4, 2013 11:59pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts

Quoting Robby
Disliked
I am not going to short it...I am heading off to bed to get up and watch how bad they lie in the morning for NFP. See if I need to exit or stay long
Ignored
 
 
  • Post #42,206
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  • Apr 5, 2013 12:08am Apr 5, 2013 12:08am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
my guess
did not try
but may work.

for every news realease trader should always trade same direction.
eg......
NFP
trader will trade LG on his trading life. always LG. no guesssing.
with a reasonable RR ratio & exit strategy.
I am sure,
with also a bit of luck, if trader can mamage the trades he can make good money
manual trading

Quoting Robby
Disliked
Wondering if it would be safe to sell going into NFP? Could one get out before NFP if they were to short it right here...
Ignored
 
 
  • Post #42,207
  • Quote
  • Apr 5, 2013 12:12am Apr 5, 2013 12:12am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
there is no guarantee this will keep going north
it may reverse
 
 
  • Post #42,208
  • Quote
  • Apr 5, 2013 12:56am Apr 5, 2013 12:56am
  •  TraderPablo
  • | Joined Oct 2011 | Status: Member | 1,416 Posts
Quoting stevewalker
Disliked
there is no guarantee this will keep going north it may reverse
Ignored
just in case it may go south still short some at ..46 ....may put stop at 52 not sure yet
 
 
  • Post #42,209
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  • Apr 5, 2013 12:58am Apr 5, 2013 12:58am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
2946?

Quoting TraderPablo
Disliked
just in case it may go south still short some at ..46 ....may put stop at 52 not sure yet
Ignored
 
 
  • Post #42,210
  • Quote
  • Apr 5, 2013 12:59am Apr 5, 2013 12:59am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
we had 200 pips yesterday
NFP ahead

today may be very very boring myguess
 
 
  • Post #42,211
  • Quote
  • Apr 5, 2013 1:01am Apr 5, 2013 1:01am
  •  TraderPablo
  • | Joined Oct 2011 | Status: Member | 1,416 Posts
Quoting TraderPablo
Disliked
just in case it may go south still short some at ..46 ....may put stop at 52 not sure yet
Ignored
tp at 26 sleepy going to bed watch the fireworks tomorrow...
 
 
  • Post #42,212
  • Quote
  • Apr 5, 2013 1:10am Apr 5, 2013 1:10am
  •  luckyl
  • | Joined Jul 2012 | Status: Member | 370 Posts
Steve, Pablo, the rest of you all,

I wish a wonderful morning this friday.
It is 07:04 in germany, I woke up one hour ago, opened my MT4 (thank god to whom invented notebooks!) , quickly saw an opportunity for scalping the momentarily consolidation / stalling phase, went short @2935 and went out with R:R of 1:1 (probably too early but it could´ve turned there and 1:1 is good enough @low volatility...)

So I´m done for the day & the week as I intended to take the day off anyways.

Might post this week´s trade curve later
 
 
  • Post #42,213
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  • Apr 5, 2013 1:18am Apr 5, 2013 1:18am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
well done bro
take care

Quoting luckyl
Disliked
Steve, Pablo, the rest of you all, I wish a wonderful morning this friday. It is 07:04 in germany, I woke up one hour ago, opened my MT4 (thank god to whom invented notebooks!) , quickly saw an opportunity for scalping the momentarily consolidation / stalling phase, went short @2935 and went out with R:R of 1:1 (probably too early but it could´ve turned there and 1:1 is good enough @low volatility...) So I´m done for the day & the week as I intended to take the day off anyways. Might post this week´s trade curve later
Ignored
 
 
  • Post #42,214
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  • Apr 5, 2013 1:18am Apr 5, 2013 1:18am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
sleep well
Quoting TraderPablo
Disliked
tp at 26 sleepy going to bed watch the fireworks tomorrow...
Ignored
 
 
  • Post #42,215
  • Quote
  • Apr 5, 2013 1:35am Apr 5, 2013 1:35am
  •  luckyl
  • | Joined Jul 2012 | Status: Member | 370 Posts
Quoting luckyl
Disliked
... Might post this week´s trade curve later
Ignored
There we go

Attached Image (click to enlarge)
Click to Enlarge

Name: KW 13 Trades.png
Size: 42 KB
 
 
  • Post #42,216
  • Quote
  • Apr 5, 2013 1:40am Apr 5, 2013 1:40am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
I see green
healty green

Return ~= %DD
thats very usual

Quoting luckyl
Disliked
There we go {image}
Ignored
 
 
  • Post #42,217
  • Quote
  • Apr 5, 2013 1:42am Apr 5, 2013 1:42am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
this is fortune telling
nothing technical
not tredable


what I feel is it will go all the way down with NFP
 
 
  • Post #42,218
  • Quote
  • Apr 5, 2013 1:45am Apr 5, 2013 1:45am
  •  luckyl
  • | Joined Jul 2012 | Status: Member | 370 Posts
Quoting stevewalker
Disliked
I see green healty green Return ~= %DD thats very usual
Ignored
Thx

(I set up the green color myself, found it somehow fitting )
 
 
  • Post #42,219
  • Quote
  • Apr 5, 2013 1:47am Apr 5, 2013 1:47am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
can the reason be "greenpips"

Quoting luckyl
Disliked
Thx (I set up the green color myself, found it somehow fitting )
Ignored
 
 
  • Post #42,220
  • Quote
  • Apr 5, 2013 1:57am Apr 5, 2013 1:57am
  •  luckyl
  • | Joined Jul 2012 | Status: Member | 370 Posts
Quoting stevewalker
Disliked
can the reason be "greenpips"
Ignored
Be sure about that man!

Btw. as for return/DD% - what do you think is a favorable number here for an experienced, longterm profitable trader (so someone more skilled than me actually )?
 
 
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