EURUSD

Quoting rjngh2005

Disliked

{quote} I said "no offense" because I dont want to be bashed and called a muppet. I just am asking for advice and not challenging anyone.

Ignored

Quoting jothetrader

Disliked

{quote} Just joking with you man. And most traders here are muppets, so do not worry, welcome to the herd. Regarding your risk question. Never risk more than 3% of your account and you will be fine. Meaning never enter a trade with a possibilty to lose more than 150 doller or keep one running with more than -150 doller for your 5k account. 1 or 2 % is even better if you choose to be more conservative.

Ignored

Quoting jothetrader

Disliked

{quote} Just joking with you man. And most traders here are muppets, so do not worry, welcome to the herd. Regarding your risk question. Never risk more than 3% of your account and you will be fine. Meaning never enter a trade with a possibilty to lose more than 150 doller or keep one running with more than -150 doller for your 5k account. 1 or 2 % is even better if you choose to be more conservative.

Ignored

Quoting Pharm0r

Disliked

{quote} 0.5 or 0.25% even better than that (half percent or quarter percent)

Ignored

Quoting rjngh2005

Disliked

{quote} so for 50k usd size ...you suggest 2 standard lots which is 200K position...right ? I am not sure if this above is advisable for USA based clients who have less leverage. But of course I write the above to seek clarification since I am a newbie.. No offense please.

Ignored

Quoting gatorinla

Disliked

um survived the first shot. in normal times on a normal day. i would probably be waiting for 1219 or 1292 ish.. some large untested s/r at 1208/09 (1206 on chart).. that may cap it. one can see since low um at 1166 held first bull try.. if that 1124 long was taken its a bird in hand.. i taking a shot at the larger tf dropping this thing faster then normal a min norm at 096x and 0786 500 to 700 pips or more with -0775 large tf closes as real bearish. 0786 is a norm for 1.15xx ( longs are cheaper after 0786) {image}

Ignored

Quoting fxtyrant

Disliked

{quote} Lower leverage? Buddy that standard i give out is for accounts of 1:50 leverage which US are still allowed to open. So yes US people with us account sof leverage 1:50 can still follow

Ignored

Quoting fxrustyspoon

Disliked

Ucad good for a nice pullback. Ran into monthy pivot. Weekly r2 not far off. And the 61.8 has confluence with the s1 making a good pullback to 1.2180. Thats what i see i could be wrong. be careful at 1.2200. Dr1 can turn into support just where it bounced off as resistance on 5/19 at 0500 est. Than just obliterated it a few hours later. I hope all you have a great week trading. Its been fun. A lot more to come.

Ignored

Quoting TroJan

Disliked

{quote} i do not use this way ... i always use more than 25% of my account size ... it is the same i think .... small size trades = lower loss but also lower gain high trades amount = more gain and maybe more loss ... it all depending on how much you are a good trader ....

Ignored

Quoting Pharm0r

Disliked

{quote} There is no exit in the rat race- what's the rush? Leverage and compounding is on your side.

Ignored

Quoting Pharm0r

Disliked

{quote} Forecasted to be unchanged... of the last 15, two have hit the forecast. Guess well either head for the bottom or tag the top. Moved SL to .757, got stopped out.....high has been .732, but the ask price, has hit .757...which is the exact micro pip of my sl. f'in bucket shop bs {image}

Ignored

Quoting Ken A

Disliked

{quote} Mute Keeping the short {image}

Ignored

Quoting tenchu2psx

Disliked

is it okay to go long for EU now? or should i short? bb on tf15 is shrinking...

Ignored

Quoting fxtyrant

Disliked

{quote} expecting much more down today on EURUSD. potentially reaching 1.1050

Ignored

Quoting Ken A

Disliked

{quote} Mute Keeping the short {image}

Ignored

Quoting Pharm0r

Disliked

{quote} Oops Holding two underwaters

Ignored

Quoting fxtyrant

Disliked

{quote} Why you short usdjpy? Its kinda big nono when u know boj is pushing it up. Never bet against the central bank's direction

Ignored

Quoting palinco

Disliked

As predicted USD CAD and CHF JPY moving with loads of pips. AU will terminate @ 0.787x and 0.786x.

Ignored