Disliked{quote} hello Benihana, You had good results but I fail to see what is your criteria to enter a trade. Could you elaborate a little about it? Thank you. regards, AntónioIgnored
Daytrading/scalping with high leverage - my proven strategy
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- #4,002
- May 14, 2013 2:35am May 14, 2013 2:35am
- | Joined Apr 2008 | Status: Trader | 1,312 Posts
entered eurusd long but almost instantly felt its not good trade (thought its not good PA). my gut feeling told me to stay in a trade (turns out it was hunger 
) - lost 5 pips
also shorted eurjpy for 9.5 pips
) - lost 5 pipsalso shorted eurjpy for 9.5 pips
entered eurusd long but almost instantly felt its not good trade (thought its not good PA). my gut feeling told me to stay in a trade (turns out it was hunger
- #4,006
- May 14, 2013 3:16am May 14, 2013 3:16am
- | Joined Apr 2008 | Status: Trader | 1,312 Posts
all riiiiight 
+22 pips on AUDJPY
entered eurusd long but almost instantly felt its not good trade (thought its not good PA). my gut feeling told me to stay in a trade (turns out it was hunger
I took the same EURJPY trade for 12 pips.
tried 2 counter trend trades earlier. one for +10 and the other for -12. I can't seem to get the hang of CT trades.
RT
- #4,008
- May 14, 2013 3:55am May 14, 2013 3:55am
- | Joined Apr 2008 | Status: Trader | 1,312 Posts
try to look for some sort of double tops/bottoms on CT on 1min chart
i cant seem to get the hang of trend trades, many times i get in is at the top of the move
entered long when tma5 was still sloping down for a loss
i cant seem to get the hang of trend trades, many times i get in is at the top of the move
entered long when tma5 was still sloping down for a loss{quote} Hi Tonny I took the same EURJPY trade for 12 pips. tried 2 counter trend trades earlier. one for +10 and the other for -12. I can't seem to get the hang of CT trades. RT
- #4,009
- May 14, 2013 4:10am May 14, 2013 4:10am
- | Joined Apr 2008 | Status: Trader | 1,312 Posts
ok just experiment with news trading. i think the spread when i entered was about 12 pips (or just really bad fill), which brought my profit of 35 pips today to... none! 
- #4,010
- May 14, 2013 5:02am May 14, 2013 5:02am
ok just experiment with news trading. i think the spread when i entered was about 12 pips (or just really bad fill), which brought my profit of 35 pips today to... none!
The max drawdown was -30 pips and now it is at -14 pips so i think that finally i could get profit.
My name is Martin... Martin Gale
- #4,011
- May 14, 2013 5:54am May 14, 2013 5:54am
{quote} I tried it too but i still didn't exited cause the general trend is still down, so i'll wait. The max drawdown was -30 pips and now it is at -14 pips so i think that finally i could get profit.
My name is Martin... Martin Gale
- #4,012
- May 14, 2013 6:35am May 14, 2013 6:35am
- | Joined Apr 2008 | Status: Trader | 1,312 Posts
nice, but still would be cautious. i dont think euro cares much about general trend when strong news are schedule. i think it only worked out this time since ZEW came out worse than expected. it came out much worse, yet it went up about 30 pips. i think if it came out better than expected, it would rally maybe even 70 pips up
did you have any emergency stop?
did you have any emergency stop?
{quote} And i exited with 11 pips profit
- #4,016
- May 14, 2013 7:45am May 14, 2013 7:45am
- | Joined Apr 2008 | Status: Trader | 1,312 Posts
great to hear you are improving!
i have taken million breakeven trades today as usual but still up about 25 pips for the day even with the mess i did during the news time
just one more BE trade - worst part is that it was up 13 pips and when i tried to close it manually, metatrader froze
i have taken million breakeven trades today as usual but still up about 25 pips for the day even with the mess i did during the news time
just one more BE trade - worst part is that it was up 13 pips and when i tried to close it manually, metatrader froze
{quote} Great Trades Tony.
- #4,017
- May 14, 2013 8:14am May 14, 2013 8:14am
great to hear you are improving! i have taken million breakeven trades today as usual but still up about 25 pips for the day even with the mess i did during the news time just one more BE trade - worst part is that it was up 13 pips and when i tried to close it manually, metatrader froze
Slowly BEs will become winners and you will walk like in your profile pic.. 
- #4,019
- May 14, 2013 8:29am May 14, 2013 8:29am
- | Joined Apr 2008 | Status: Trader | 1,312 Posts
haha i hope so!
{quote} Oh..! That's bad... But anyways.. You have mostly BEs than losers...
- #4,020
- May 14, 2013 8:32am May 14, 2013 8:32am
- | Joined Apr 2008 | Status: Trader | 1,312 Posts
yes, small live account. i am having some issues with pretty much everything 
- trade manager and mt4 as such. as i said last time it forced me to get updates when i was in a trade... strange.
- trade manager and mt4 as such. as i said last time it forced me to get updates when i was in a trade... strange.{quote} On real account ?