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  • #892,841
  • Apr 27, 2014 7:28pm Apr 27, 2014 7:28pm
geppy is retesting previous support for the 3rd time 4hr
If you are new to Forex? Say Goodbye to your account!!
  • #892,842
  • Apr 27, 2014 7:30pm Apr 27, 2014 7:30pm
what a selloff eur/gbp during this session !
Get Rich or Die Tryin
  • #892,843
  • Apr 27, 2014 7:32pm Apr 27, 2014 7:32pm
Quoting Davit
{quote} I feel very good about my shorts from same number as you Just difference of trading methods

I'm scared I close out my position at BREAKEVEN ...
Gonna wait for another time.... Made 3.5% for this week so far ... not too bad
If it break 1.3820 (Strong Support) Rebound a lot last week ... Then I will rethink for short again

I always missed my target and get position reverse it in my favor by couple of pips.
That's y I closed everything out.
  • #892,844
  • Apr 27, 2014 7:33pm Apr 27, 2014 7:33pm
Quoting aarontdang
My short on EUR/USD doesn't make me feel good right now ... Avg @ 1.3825 .... I shoulda close it at -6 Pips on Friday. Gap up so small, it will be fill .... So it will drop to 1.3830/2 soon...
I hope you did not close your shorts prematurely.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #892,845
  • Apr 27, 2014 7:33pm Apr 27, 2014 7:33pm
Quoting aarontdang
{quote} I'm scared I close out my position at BREAKEVEN ... Gonna wait for another time.... Made 3.5% for this week so far ... not too bad If it break 1.3820 ... Then I will rethink for short again
you did close shorts prematurely. Premature is a bad thing
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #892,846
  • Apr 27, 2014 7:35pm Apr 27, 2014 7:35pm
Quoting aarontdang
{quote} I'm scared I close out my position at BREAKEVEN ... Gonna wait for another time.... Made 3.5% for this week so far ... not too bad If it break 1.3820 ... Then I will rethink for short again I always missed my target and get position reverse it in my favor by couple of pips. That's y I closed everything out.
If I were you I would close some at BE, and let the rest run. If it goes up, add back what you have closed some price higher. If it drops that will be all good.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #892,847
  • Apr 27, 2014 7:36pm Apr 27, 2014 7:36pm
Quoting aarontdang
{quote} I'm scared I close out my position at BREAKEVEN ... Gonna wait for another time.... Made 3.5% for this week so far ... not too bad If it break 1.3820 ... Then I will rethink for short again
No offense but you need to work on lot of things

position size
leverage
psychology
methodology

Based on your explorer you are heavily in red....address your weaknesses or you will repeat them over and over...
In trading, you have to be defensive and aggressive at the same time
  • #892,848
  • Apr 27, 2014 7:38pm Apr 27, 2014 7:38pm
Quoting hoom
what a selloff eur/gbp during this session !
It's reverting to mean in a sideways-ranging market. Look at H1 and H4 for a better perspective.

It just SEEMs extreme because of the nature of GBP pairs (which is prone to long-ish fake-out spikes), and that's something y'all have to live with and account for.
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #892,849
  • Apr 27, 2014 7:41pm Apr 27, 2014 7:41pm
is fib 78.6% an important number?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #892,850
  • Apr 27, 2014 7:45pm Apr 27, 2014 7:45pm
Quoting ffleo
is fib 78.6% an important number?
No.
  • #892,851
  • Apr 27, 2014 7:46pm Apr 27, 2014 7:46pm
Quoting GreatNorth
{quote} No.
what numbers are important?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #892,852
  • Apr 27, 2014 7:53pm Apr 27, 2014 7:53pm
Quoting ffleo
{quote} what numbers are important?
23,38,50,61

61 is major
  • #892,853
  • Apr 27, 2014 8:00pm Apr 27, 2014 8:00pm
Quoting ffleo
{quote} what numbers are important?
none
Wherever you go, there you are.
  • #892,854
  • Apr 27, 2014 8:00pm Apr 27, 2014 8:00pm
Quoting Davit
{quote} No offense but you need to work on lot of things position size leverage psychology methodology Based on your explorer you are heavily in red....address your weaknesses or you will repeat them over and over...

good advice can add stop live trading until sort that shit out
If you are new to Forex? Say Goodbye to your account!!
  • #892,855
  • Apr 27, 2014 8:01pm Apr 27, 2014 8:01pm
Quoting KiwiTrada
geppy is retesting previous support for the 3rd time 4hr
GJ and EJ are touching their ranging bottom , where bids and sell stops are most likely waiting to be filled.
Get Rich or Die Tryin
  • #892,856
  • Edited 8:12pm Apr 27, 2014 8:01pm | Edited 8:12pm
Quoting Davit
{quote} No offense but you need to work on lot of things position size leverage psychology methodology Based on your explorer you are heavily in red....address your weaknesses or you will repeat them over and over...
Yes, I have 2 explorers.
I did made mistakes before.
The reason is without SL.
And alway missed my target by couple of pips.

I guess it depend on how you wanna trade.
For example :
If I closed at 1.3831 @ a loss of -6 pips on Friday.
I'll reshort it @ 1.3843 when market open.
I'll make more $ than keep holding like Friday.

Long EU @ 1.38175
Long EJ @ 140.03
Long GU @ 1.6784

SL about 8 Pips on each

I need to work on SL and stop adding losing positions.
And Hold my trade longer

You can't predict the market!
  • #892,857
  • Apr 27, 2014 8:07pm Apr 27, 2014 8:07pm
Quoting aarontdang
{quote} Yes, I have 2 explorers. I did made mistakes before. The reason is without SL. And alway missed my target by couple of pips. I guess it depend on how you wanna trade. For example : If I closed at 1.3831 @ a loss of -6 pips on Friday. I'll reshort it @ 1.3843 when market open. I'll make more $ than keep holding like Friday. You can't predict the market!
Whatever works for you.I am just hinting that you have things to work on.
Saying " I am scared" in trading raises red flags in me.
Nobody should be trading scared.If you have not read "Trading in the zone" please do.Book covers a lot about this with real concrete examples.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #892,858
  • Apr 27, 2014 8:07pm Apr 27, 2014 8:07pm
Quoting thole91
{quote} I found the house I found the lab What can I do to participate ?
Sign up for the testing lab...

You will find all the information there.

Look under AutoTraders - Testers Needed.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #892,859
  • Apr 27, 2014 8:13pm Apr 27, 2014 8:13pm
Quoting Davit
{quote} Whatever works for you.I am just hinting that you have things to work on. Saying " I am scared" in trading raises red flags in me. Nobody should be trading scared.If you have not read "Trading in the zone" please do.Book covers a lot about this with real concrete examples. Regards
"I am scared" translate to "I have no plan if market goes against me. All I hope is market goes in my favor so I can profit"
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #892,860
  • Apr 27, 2014 8:18pm Apr 27, 2014 8:18pm
Quoting ffleo
{quote} "I am scared" translate to "I have no plan if market goes against me. All I hope is market goes in my favor so I can profit"
You're Right!
Can you give me some hints on support/resistance level?
80% my entries are correct but wrong timing lol
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