AUD/USD

Quoting fxtyrant

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{quote} Not all gaps get closed... heck look at the gaps on USDJPY..... and most yen pairs.... Stop thinking gaps and retail sentiment are good tools to trade.. that's just unskilled traders' superstition... I just had a guy writing to me asking me what to do with his shorts at 0.8950 that was targeting for the gap to close.... told him the cold hard truth.... Take the loss and repose yourself for the next trade, give yourself a chance to fight another day....

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Quoting fxtyrant

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{quote} Not all gaps get closed... heck look at the gaps on USDJPY..... and most yen pairs.... Stop thinking gaps and retail sentiment are good tools to trade.. that's just unskilled traders' superstition... I just had a guy writing to me asking me what to do with his shorts at 0.8950 that was targeting for the gap to close.... told him the cold hard truth.... Take the loss and repose yourself for the next trade, give yourself a chance to fight another day....

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Quoting sfx-_-

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{quote} some good advice, to ppl with no money management id like to have a monthly pip or percentage competition with u? post up our monthly stats before the close.,. and with our real accounts game?

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Quoting 4xmaker

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91 pysch line needs to be cleared soon, or else we are gonna consolidate here for a good while.

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Quoting pips29

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other nzd/usd trades @.7796 and .7799 SL reduced to -20pips. to be exact at .7820

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Quoting NoRehearsals

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should have kept my longs !!!!

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Quoting fxtyrant

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{quote} im not trading my real accounts, im testing out my strategies for atleast 6 months before I go live with them... been studying the strategy ive been developing for the past 3 years... but the tester accounts would pretty much reflect the same situation id face if it was a real account.... given the fact its a 1:50 leverage I still had to practice good money management or id be fucked... FXCM (Trading Station) 1:50 Leverage, Initial 50000, High Risk http://www.myfxbook.com/members/fxty...ed-fxcm/643313 FXDD (MT4)...

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Quoting fxtyrant

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{quote} you should've learned who you should be listening to then?? but still I guess you closed in profits... so enjoy them

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Quoting Surgical

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{quote} Your strategy seems to be working and impressive results on the demos. Would like to know more about your approach when and if you are prepared to share. I have been trading for a few years, tried swing and breakout which all proved to be a little flaky but having some good success with Ichimoku trend analysis. Rgrds

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Quoting fxtyrant

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{quote} well my higher trade frequency also takes fundamental into consideration and I have a lot of tech indicators as filters to avoid entering bad trades... and so far you can see my result.... I didn't like to trade the Daily or weekly charts because.. 1. You lose trade opportunities... but you gain on trades making more pips that lower time frame trades... 2. because of the higher pip trades means theres higher pip drawdown hence you will probably lower your lot size... probably best if you cant handle the risk... 3. because of the higher pip...

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Quoting OmCr32

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demo trading is no where near the real thing in my opinion. I made the mistake of demo trading for too long, when i started real money the emotional factor kicked in and it was a whole new ball game

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Quoting OmCr32

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demo trading is no where near the real thing in my opinion. I made the mistake of demo trading for too long, when i started real money the emotional factor kicked in and it was a whole new ball game

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Quoting Erebus

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{quote} Don't see any consolidate yet! {image}

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Quoting fxtyrant

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{quote} im not trading my real accounts, im testing out my strategies for atleast 6 months before I go live with them... been studying the strategy ive been developing for the past 3 years... but the tester accounts would pretty much reflect the same situation id face if it was a real account.... given the fact its a 1:50 leverage I still had to practice good money management or id be fucked... FXCM (Trading Station) 1:50 Leverage, Initial 50000, High Risk http://www.myfxbook.com/members/fxty...ed-fxcm/643313 FXDD (MT4)...

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Quoting fxtyrant

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{quote} Technically speaking Demo and Real account should be traded with the same behavior... the fact that you have emotions tied when you started trading real suggests to me, you are not mentally ready to do so or your strategy is not fundamentally sound.... otherwise.... take emotions out of the equation.... trade real like you trade demo, practice proper money management and use appropriate tp and sl, with a winning strategy, you can go far.... besides... think about it.... the market is not determined by your emotions so why bring emotions...

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Quoting sfx-_-

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{quote} demo trading? thought u were skilled master no comp then,., [

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Quoting OmCr32

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{quote} the market may not be determined by MY emotions, but it is determined BY emotions. last week was a perfect example. but your right is should be the same however that is easier said than done. I do need to work out my strategy tho,

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