closed after only 8 pips (this is fear)
please, anyone could tell me if I've done all right?
please, anyone could tell me if I've done all right?
Don't give up
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Dislikedclosed after only 8 pips (this is fear) please, anyone could tell me if I've done all right? {image}Ignored
Disliked{quote} IMHO, an easy 8 pips is always better than a sleepless night waiting for 40+ pips profit targets to materialize. I have been through that and did not enjoy it at all. Of course a bit win feels good, but I'm in this business to make money, not to chase after big wins. Anytime I can make money with lower risk and high probability I'll take it. Risk and profitability are two end of the stick, you can't have both at the same time. Think of it, this 20 pips +/- a couple depending on your entry point, is a free kick zone for us smaller players....Ignored
Disliked{quote} yes Journey, thank you may I ask you any question please? watching my chart, is it all well done? reading the list of tradable news event of Tony, thesy seem not as much.... do you trade only the news of eur/usd or other pairs also? thank you in advanceIgnored
Disliked{quote} I'm essentially using the strategy which Tony posted. However as Tony's list of news is still evolving, I'll just look for those which are know to be moderately or highly market moving. Also I am studying the first 5 sec candle at market open and how it relates to the price movement when the news is released; so far I find there seem to be some relationship between that first candle and the eventual price direction when news is released, but I'm keeping an open mind. I trade only EURUSD, because liquidity, low spread and responsiveness to...Ignored
DislikedOanda started lower spreads during news, I'm very proud of them. For the moment, it's safer to only trade the original list on page no.1. This was only a test. {image}Ignored
DislikedOanda started lower spreads during news, I'm very proud of them. For the moment, it's safer to only trade the original list on page no.1. This was only a test. {image}Ignored
Disliked{quote} I know that is your recent observation, but has Oanda announced that as well? it would add to the credibility of that statement if Oanda also did. They could very well go back to wide spreads next week or next news release, who knows.Ignored
DislikedThanks for ignoring me, but let me say its just a very old idea calls Trading With the News, you all knows it from old ages, and its the very easy way that to let market eat your stops. {image}Ignored
DislikedThanks for ignoring me, but let me say its just a very old idea calls Trading With the News, you all knows it from old ages, and its the very easy way that to let market eat your stops. {image}Ignored
Dislikedclosed after only 8 pips (this is fear) please, anyone could tell me if I've done all right? {image}Ignored