So nzdusd did damage 0.8675 resistance level of 04/2013, what next more up? what do u think guys?
Forex
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Disliked{quote} I have a fairly small account atm and my account is leveraged at 50:1 and I am currently using 90% of my available margin and risking about 1/3 of my account to get those 20 pips, as my account grows I plan to gradually decrease my margin use down to about 20% which would decrease my risk to about 7% per trade by the time I get to the $10K level. BTW, I don't think 50:1 leverage is really that high considering my first account was 1000:1 back in 2006, that was crazy, account blown several times before I learned that excessive leverage isn't...Ignored
Disliked{quote} so basically you are a poker player than a trader. davit gave you good advice and you are ridiculing himIgnored
Disliked{quote} No ridicule I just stated what I'm doing and how I think. BTW, your probably right, my wife always tells me I didn't give up gambling, Forex is my new game.Ignored
DislikedHow are NZ Bears doing? Nice pressure relief next stop is taking 8650Ignored
Disliked{quote} Patiently waiting for the end of the retracement to buy delicious dips.Ignored
DislikedHopefully, the bull run idea was not acted on. May get a slight bounce off of support in the coming hours, but that March 2013 high is way too stout to call a continued bull run after such a long run up. Please tell me you stayed out.Ignored
Disliked{quote} I don't see jaws as classic forex gambler. If he STRICTLY uses 20pip TP / 60 pip SL technique, than it is trading, not gambling yet. Gambling part is cos of overleverage. If his 20 pip wins mean +10%, then 60 pip loss would mean -30%, which is waaaaaaay past any recommended trading. Imagine losing 3 or 4 such trades in a row ... and such streaks always come.Ignored
DislikedHow are NZ Bears doing? Nice pressure relief next stop is taking 8650Ignored
Dislikednot sure but start thinking on Bearish Shark at the moment brother.. what d u think ? looking for some opinion here ... *** the ew is not so perfect also for 1 & 4 rule {quote} {image}Ignored
Dislikednot sure but start thinking on Bearish Shark at the moment brother.. what d u think ? looking for some opinion here ... *** the ew is not so perfect also for 1 & 4 rule {quote} {image}Ignored