This is demo trade on pepperstone just got 18 pips on it
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- #11,502
- Mar 25, 2014 2:41am Mar 25, 2014 2:41am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
GU CPI long is looking sort of appetising to me...more so than the IFO anyways.. We'll see if I can gather the courage in about 20 mins
See you next time, probably for the NZD trade balance 
- #11,504
- Mar 25, 2014 3:02am Mar 25, 2014 3:02am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
This was my CPI trade btw...
- #11,507
- Mar 25, 2014 6:45am Mar 25, 2014 6:45am
- Joined Apr 2006 | Status: Metatrader Programmer | 1,422 Posts
Going to try my hand at New home sales and Consumer confidence in 30 mins. Anyone in for the ride? Cheers H
- #11,508
- Mar 25, 2014 6:51am Mar 25, 2014 6:51am
Going to try my hand at New home sales and Consumer confidence in 30 mins. Anyone in for the ride? Cheers H
Will try my luck with EurGbp Buy on this news.
What is your selections?
{quote} which pair do you trade E/U or G/U ?
At the moment I have an E$ trade open from earlier today (German IFO), so to avoid muddling the waters there, I am looking at going with UCAD, spread is very reasonable...
I have developed a dislike in any GBP based pairs as they seem to be very volatile at the moment with plenty whip at all times, so I am considering avoiding GBP pairs.
Would you perhaps have any suggestions for me to look at?
H
- #11,510
- Mar 25, 2014 6:56am Mar 25, 2014 6:56am
- Joined Apr 2006 | Status: Metatrader Programmer | 1,422 Posts
{quote} I don't really look at fundamentals or technicals to be honest, if that is what you are driving to. At the moment I have an E$ trade open from earlier today (German IFO) in E$, so to avoid muddling the waters there, I am looking at going with UCAD, spread is very reasonable... I have developed a dislike in any GBP based pairs as they seem to be very volatile at the moment with plenty whip at all times, so I am considering avoiding GBP pairs at all times... Would you perhaps have any suggestions for me to look at? H
Well, that news seems to be a snoozefest.
Aw man, every time I post about a position it gets stopped out...
That E$ position was stopped out for +45 pips. Seeing as I did not adjust lot size downwards after the previous 3 (!!!3!!!) losses of this morning, I am actually at BE / in slight profit for the week...thus far proving (or rather not disproving) my assumptions that you should endeavour to keep lot sizes constant, especially after losses.
I am satisfied.
I will be looking at Draghi's speech as well, on E$ seeing as I have no position there now...
Cheers
H
Aw man, every time I post about a position it gets stopped out...
That E$ position was stopped out for +45 pips. Seeing as I did not adjust lot size downwards after the previous 3 (!!!3!!!) losses of this morning, I am actually at BE / in slight profit for the week...thus far proving (or rather not disproving) my assumptions that you should endeavour to keep lot sizes constant, especially after losses.
I am satisfied.
I will be looking at Draghi's speech as well, on E$ seeing as I have no position there now...
Cheers
H
{quote} I already got a 0SL on short Ucad Will try my luck with EurGbp Buy on this news. What is your selections?
Concerning EURGBP, again there is the GBP component that I, personally, am not fond of, but that pair in general is, well, for lack of a better word, for me, blech...for Draghi's speech I will look at E$. Good luck to you.
H
- #11,515
- Mar 25, 2014 9:58am Mar 25, 2014 9:58am
I may just exclude Draghi's speeches as well,....
- #11,516
- Mar 25, 2014 12:22pm Mar 25, 2014 12:22pm
I may just exclude Draghi's speeches as well, man, price drifts upwards and then the bottom falls out by around 40 pips to ruin my days stats...Ag well, that is the way the banana bends I guess H
I know your trading is different like Tony's , but i missed a Trade Explorer of Tony.
Winner are always loudly, loser are always quietly!
- #11,517
- Mar 25, 2014 12:56pm Mar 25, 2014 12:56pm
- | Joined Jul 2012 | Status: Travelling | 357 Posts
{quote} Thank's for publish your Trade Explorer HannesJoub !
and where is your trade explorer? Just a pointless post imo...
Practice what you preach
{quote} Thank's for publish your Trade Explorer HannesJoub !
It feels crappy taking loss and even crapier sharing it with the whole inter-web thingy...
But, the sun will shine tomorrow, I think.
H
- #11,519
- Mar 25, 2014 1:28pm Mar 25, 2014 1:28pm
- Joined May 2009 | Status: step into liquid | 3,460 Posts
- #11,520
- Mar 25, 2014 1:41pm Mar 25, 2014 1:41pm
- Joined Sep 2011 | Status: I make Rambo look like a boy scout. | 1,472 Posts
{quote} Believe me, I have wanted to tear the trade explorer down more than once this month... It feels crappy taking loss and even crapier sharing it with the whole inter-web thingy... But, the sun will shine tomorrow, I think. H
20% drawdown on an 18 pip loss is waaaaaaaaaaaaaaay way, way too much. That is 10 times what I lose in a 20 pip loss. This is a marathon, not a sprint. Only a small handful ever get lucky and get rich quick, the rest go broke.
That said, I have my FXtrade account funded, am comfortable with the platform and have a plan to trade the news starting next week........ And I risked 2 pips on a 1 dollar trade LOL so I could activate the trade explorer and make it visible. I'm going to share the pleasure and pain.
I don't care which way the market is going as long as it's going my way