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Do you trade more than 1 million dollars in forex? 36 replies

Maximus 29 replies

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Maximus: A Forex Million

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  • Post #21
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  • Jul 15, 2013 5:46am Jul 15, 2013 5:46am
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Quoting ForUs
Disliked
First trade jitters....that second trade should have been positive but i chickened out ...I was targeting .93 but there still is the chance of a run to 130.40 area so I'll just wait and see
Ignored
If price never returns to this zone so I can sell, I will sit on the sidelines for this entire move.
  • Post #22
  • Quote
  • Jul 15, 2013 6:33am Jul 15, 2013 6:33am
  •  Intrepidpips
  • Joined Aug 2011 | Status: Mos P from Cape to Cairo | 2,444 Posts
Are you trading only EURJPY?

Several other high moving, less volatile pairs out there.
Let it turn and find your entry.
  • Post #23
  • Quote
  • Jul 15, 2013 6:39am Jul 15, 2013 6:39am
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Quoting Intrepidpips
Disliked
Are you trading only EURJPY? Several other high moving, less volatile pairs out there.
Ignored
Yes only E/J...no scientific reasons behind this I'm just comfortable with the way she moves, also I like the volatility it keeps me on my toes.a move can go 100 -200 pips in the blink of an eye...this system will work on any pair I just like the E/J...y have some recommendations for a dif pair let me know and Ill check them out.
  • Post #24
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  • Jul 15, 2013 7:00am Jul 15, 2013 7:00am
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
sell 130.347
  • Post #25
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  • Jul 15, 2013 8:38am Jul 15, 2013 8:38am
  •  Intrepidpips
  • Joined Aug 2011 | Status: Mos P from Cape to Cairo | 2,444 Posts
Quoting ForUs
Disliked
{quote} Yes only E/J...no scientific reasons behind this I'm just comfortable with the way she moves, also I like the volatility it keeps me on my toes.a move can go 100 -200 pips in the blink of an eye...this system will work on any pair I just like the E/J...y have some recommendations for a dif pair let me know and Ill check them out.
Ignored

Try AUDJPY, EURNZD, GBPNZD
Let it turn and find your entry.
  • Post #26
  • Quote
  • Jul 15, 2013 8:53am Jul 15, 2013 8:53am
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Quoting Intrepidpips
Disliked
{quote} Try AUDJPY, EURNZD, GBPNZD
Ignored
Ok I'll check them out!
  • Post #27
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  • Jul 15, 2013 8:54am Jul 15, 2013 8:54am
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Man I got hammered on that last trade -30 that news killed me
  • Post #28
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  • Jul 15, 2013 11:27am Jul 15, 2013 11:27am
  •  Intrepidpips
  • Joined Aug 2011 | Status: Mos P from Cape to Cairo | 2,444 Posts
Quoting ForUs
Disliked
Man I got hammered on that last trade -30 that news killed me
Ignored

I rushed out on time from my own trade. Your time will come seems you like swimming against the tide.
Let it turn and find your entry.
  • Post #29
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  • Jul 15, 2013 3:08pm Jul 15, 2013 3:08pm
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Quoting Intrepidpips
Disliked
{quote} I rushed out on time from my own trade. Your time will come seems you like swimming against the tide.
Ignored
You mean you rushed out to early also?
  • Post #30
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  • Jul 15, 2013 3:11pm Jul 15, 2013 3:11pm
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Quoting ForUs
Disliked
{quote} You mean you rushed out to early also?
Ignored
With [people watching it puts I'm putting allot of pressure on myself which makes me second guess me...when I have been right every time on these trades just not the patience to wait it out...I think i just need to calm down and trade.
  • Post #31
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  • Jul 15, 2013 3:59pm Jul 15, 2013 3:59pm
  •  rtiger29
  • | Joined Mar 2009 | Status: Member | 118 Posts
i would say no need to start doubting yourself now. I mean who cares if you blow the $60, just start again if you do. Its better to have that mindset than to get all nervous about a position your in. Place the trade and let it do its thing.
  • Post #32
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  • Jul 15, 2013 4:01pm Jul 15, 2013 4:01pm
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Quoting Intrepidpips
Disliked
{quote} I rushed out on time from my own trade. Your time will come seems you like swimming against the tide.
Ignored
I'm not contend trading, E/j moves to quickly to try and place trades in reaction....I'm seeing things that will happen just been jumping in to soon because of the jitters...gotta remove my emotions from this and get back to the business of trading
  • Post #33
  • Quote
  • Jul 15, 2013 4:07pm Jul 15, 2013 4:07pm
  •  Intrepidpips
  • Joined Aug 2011 | Status: Mos P from Cape to Cairo | 2,444 Posts
Quoting ForUs
Disliked
{quote} You mean you rushed out to early also?
Ignored

No, I was in a AUDUSD short but seeing a reversal as a result of the news I exited the trade, waiting for another entry.

I don't as a rule run out of loosing trades but when I have achieved, 1/1 R/R, I can exit if I see a sign of reversal or there's impending Red News.
Let it turn and find your entry.
  • Post #34
  • Quote
  • Jul 15, 2013 4:22pm Jul 15, 2013 4:22pm
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Quoting Intrepidpips
Disliked
{quote} No, I was in a AUDUSD short but seeing a reversal as a result of the news I exited the trade, waiting for another entry. I don't as a rule run out of loosing trades but when I have achieved, 1/1 R/R, I can exit if I see a sign of reversal or there's impending Red News.
Ignored
Always good to have an exit strategy!
  • Post #35
  • Quote
  • Jul 15, 2013 7:16pm Jul 15, 2013 7:16pm
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Quoting rtiger29
Disliked
i would say no need to start doubting yourself now. I mean who cares if you blow the $60, just start again if you do. Its better to have that mindset than to get all nervous about a position your in. Place the trade and let it do its thing.
Ignored
Thanks...Love the positivity...it's just the watcher effect...you feel different when you know there are people watching I really wouldn't cry over 60 dollars.
  • Post #36
  • Quote
  • Jul 16, 2013 1:58am Jul 16, 2013 1:58am
  •  Intrepidpips
  • Joined Aug 2011 | Status: Mos P from Cape to Cairo | 2,444 Posts
Quoting ForUs
Disliked
{quote} Always good to have an exit strategy!
Ignored

Good thing I exited the Auusie MPC minutes release caused a complete reversal overnight.
Attached Image (click to enlarge)
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Size: 107 KB
Let it turn and find your entry.
  • Post #37
  • Quote
  • Jul 16, 2013 2:07am Jul 16, 2013 2:07am
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Quoting Intrepidpips
Disliked
{quote} Good thing I exited the Auusie MPC minutes release caused a complete reversal overnight. {image}
Ignored
  • Post #38
  • Quote
  • Jul 16, 2013 4:20am Jul 16, 2013 4:20am
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Recent German fundamentals
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  • Post #39
  • Quote
  • Jul 16, 2013 4:21am Jul 16, 2013 4:21am
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Recent German Fundies #2
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  • Post #40
  • Quote
  • Jul 16, 2013 4:22am Jul 16, 2013 4:22am
  •  ForUs
  • | Joined Feb 2012 | Status: Member | 442 Posts
Recent German fundies #3
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