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EURUSD

  • #823,801
  • Aug 9, 2013 10:45am Aug 9, 2013 10:45am
Quoting attila
{quote} take care man... one of my rules is if there is not enough time until the end of day to fix a fuck up, I pass the trade..

well everyone is asking you when to open where are the levels etc

but in my hobo opinion, you are succesfull trader coz you know when to close trade, I think its more important for you than where to open....thats for me the sign you are a great trader

gl
do whatever the fuck you want to do !
  • #823,802
  • Aug 9, 2013 10:46am Aug 9, 2013 10:46am
Will someone show the newbie (me) some tips ?
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  • #823,803
  • Aug 9, 2013 10:46am Aug 9, 2013 10:46am
push for 1.3400 has begun, after that big drops will come out of it all, next week low:1.3190
  • #823,804
  • Aug 9, 2013 10:48am Aug 9, 2013 10:48am
+ = 2 YARDS

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  • #823,805
  • Aug 9, 2013 10:48am Aug 9, 2013 10:48am
Quoting icantmilk
{quote} well everyone is asking you when to open where are the levels etc but in my hobo opinion, you are succesfull trader coz you know when to close trade, I think its more important for you than where to open....thats for me the sign you are a great trader gl
some focus on SLs, I focus on TPs... I think both approaches are valid.
  • #823,806
  • Aug 9, 2013 10:49am Aug 9, 2013 10:49am
I'm out. May look to get short again, but that 15 min candle scares me
  • #823,807
  • Aug 9, 2013 10:50am Aug 9, 2013 10:50am
Quoting attila
{quote} some focus on SLs, I focus on TPs... I think both approaches are valid.

I mean if you know when you should close trade you cant have problems to manage risk and your capital
do whatever the fuck you want to do !
  • #823,808
  • Aug 9, 2013 10:51am Aug 9, 2013 10:51am
Quoting attila
{quote} some focus on SLs, I focus on TPs... I think both approaches are valid.
i focus on boobs

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ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #823,809
  • Aug 9, 2013 10:51am Aug 9, 2013 10:51am
Quoting icantmilk
{quote} well everyone is asking you when to open where are the levels etc but in my hobo opinion, you are succesfull trader coz you know when to close trade, I think its more important for you than where to open....thats for me the sign you are a great trader gl
I mentioned this a couple of times... The SL part is very easy (however we define that).. you are wrong and that's it... The biggest problem, and many overlook it, is the TP.. And think about what I'm just about to say... You will NEVER be right when it comes to taking profit...
  • #823,810
  • Aug 9, 2013 10:52am Aug 9, 2013 10:52am
Quoting attila
{quote} some focus on SLs, I focus on TPs... I think both approaches are valid.
Hey A! Why not trading on a bigger TF? just not your style? too much exposure?
swing it!
  • #823,811
  • Aug 9, 2013 10:53am Aug 9, 2013 10:53am
Quoting MaxDoom
{quote} what is a yard?
A yard is what that goat of yours stands in and knaws on all the weeds for ya.
It's the simple things in life that have the most powerful meaning.
  • #823,812
  • Aug 9, 2013 10:54am Aug 9, 2013 10:54am
Quoting tomspin
{quote} Hey A! Why not trading on a bigger TF? just not your style? too much exposure?
I tried, believe me... it just doesn't fit my personality...
  • #823,813
  • Aug 9, 2013 10:55am Aug 9, 2013 10:55am
Quoting NickkiT
Will someone show the newbie (me) some tips ? {image}

this is a great diagram.

For tips, you should ready the educational pages at babypips.com
Money never sleeps...
  • #823,814
  • Aug 9, 2013 10:56am Aug 9, 2013 10:56am
Quoting attila
{quote} I mentioned this a couple of times... The SL part is very easy (however we define that).. you are wrong and that's it... The biggest problem, and many overlook it, is the TP.. And think about what I'm just about to say... You will NEVER be right when it comes to taking profit...

Post of the day
A good trader follows his rules, but great trader knows when to break them
  • #823,815
  • Aug 9, 2013 10:57am Aug 9, 2013 10:57am
Quoting attila
{quote} I mentioned this a couple of times... The SL part is very easy (however we define that).. you are wrong and that's it... The biggest problem, and many overlook it, is the TP.. And think about what I'm just about to say... You will NEVER be right when it comes to taking profit...
you can control your risk, but you cannot control your profit.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #823,816
  • Aug 9, 2013 10:59am Aug 9, 2013 10:59am
Quoting ffleo
{quote} you can control your risk, but you cannot control your profit.
dont agree with the second sentence
do whatever the fuck you want to do !
  • #823,817
  • Aug 9, 2013 11:00am Aug 9, 2013 11:00am
Quoting ffleo
{quote} you can control your risk, but you cannot control your profit.
what he meant is that you will always be too late or to early with your TP, bloody smart.
swing it!
  • #823,818
  • Aug 9, 2013 11:00am Aug 9, 2013 11:00am
Quoting ffleo
{quote} you can control your risk, but you cannot control your profit.
Sure you can. Where do you think the 'reward' part of the risk/reward ratio comes from?

I never say to myself: I'm going to risk 10 pips for who knows.

I always know, at the very least, a minimum target I want. Sometimes this is 100% of the trade, sometimes it's bits and pieces depending on what's going on.
  • #823,819
  • Aug 9, 2013 11:01am Aug 9, 2013 11:01am
Quoting ill_be_back
{quote} Post of the day

You are always right when taking profit, it means you got it right?

Maybe not perfect if you left something on the table but you are still right to take it at any reasonable level.
Money never sleeps...
  • #823,820
  • Aug 9, 2013 11:02am Aug 9, 2013 11:02am
Quoting Venice
{quote} Sure you can. Where do you think the 'reward' part of the risk/reward ratio comes from? I never say to myself: I'm going to risk 10 pips for who knows. I always know, at the very least, a minimum target I want. Sometimes this is 100% of the trade, sometimes it's bits and pieces depending on what's going on.

do whatever the fuck you want to do !
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