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  • #992,821
  • May 24, 2015 9:00pm May 24, 2015 9:00pm
Quoting NuNix
{quote} now you got the number 1.09xx,,,already in, long @1.09xx? meanwhile still hold 1 short. think will ride 1000 pips down {image}
still waiting for LONG confirmation . still holds multiple position in short . maybe gonna close one by one .... life is fun
not euphoria follower
  • #992,822
  • May 24, 2015 9:04pm May 24, 2015 9:04pm
Quoting Ratmach
{quote} I really wish someone could tell me how to get over this one mental block I have. I scalp pretty much exclusively... I rarely stay in a trade more than an hour. But every once in awhile, when things quickly turn against me, I manage to convince myself that I'm RIGHT on where price is gonna be heading, I was just WRONG in the timing of my entry. So I sit on it and... well, you know the rest... it KEEPS moving against me. So yeah, once in awhile I wind up stuck in a trade with a pretty substantial drawdown, debating on whether to hang in there,...
I have lost several accounts to this so I, in fact most of us, know this well. I like to think of this issue similar to that faced by a boxer. A good boxer learns how to punch. But a great boxer knows how to take one on the chin and get up. You need to book losses. There is no other way. Another thing, try to time your entries to perfection. If you made a wrong entry get out and get back in again.
The price will go where it has to go.
  • #992,823
  • May 24, 2015 9:06pm May 24, 2015 9:06pm
Quoting Ken A
{quote} Bailed on green data
It's a miss, but still green. Should alieve some pressure. I wasn't home for it- good up until the HH.

gator already said it 122 is the limit for my pain
  • #992,824
  • May 24, 2015 9:14pm May 24, 2015 9:14pm
Quoting Ken A
{quote} Nikkei is making new highs everyday - It's fine to short or long as there's buying and selling every session - I am looking for 500 pips - probably gotta wait for right timing
Once I was stopped out twice on the other one- and knowing the length of this trade, I took a smaller one with a much larger stop (the one in place now) in case we hit the high. I have one pending at the HH with a 7 pip stop. If it goes it goes, -1% total. Not a bad risk for much fucking more.

The one worrying me now isn't JPY at all, its EU. 0934 is the next bounce I have.
  • #992,825
  • May 24, 2015 9:19pm May 24, 2015 9:19pm
Quoting Pharm0r
happy Memorial day. Still needs color. FX paid for {image}
she can shave ?
  • #992,826
  • May 24, 2015 9:20pm May 24, 2015 9:20pm
Quoting verified
{quote} she can shave ?
i dont get it?
  • #992,827
  • May 24, 2015 9:22pm May 24, 2015 9:22pm
Quoting Pharm0r
{quote} i dont get it?
quite a hairy girl
  • #992,828
  • May 24, 2015 9:24pm May 24, 2015 9:24pm
Quoting verified
{quote} quite a hairy girl
haha- I have 2 more on the same leg. They're my hairy chested women this one's actually shaved for now...to do the tattoo.
  • #992,829
  • May 24, 2015 9:24pm May 24, 2015 9:24pm
Quoting Pharm0r
{quote} i dont get it?
thats what she said
those who can, do. those who cant, talk about those who can
  • #992,830
  • May 24, 2015 9:32pm May 24, 2015 9:32pm
uj pending
Attached Image
those who can, do. those who cant, talk about those who can
  • #992,831
  • May 24, 2015 9:42pm May 24, 2015 9:42pm
Quoting mitrapips
Just wanted to quickly address some of the comments in this thread and move on. 1) I was not trying to spam the board or anything. I just wanted to point a very valid concern I had of people following a fake money account with large drawdowns. Neither fake money account or drawdown are problems on their own. I have a huge drawdown. Who cares. The problem will arise when someone tries to replicate a fake money account with drawdown with real money. The emotions will be different and I only wanted to point that out. 2) Threats of banning me can go...
followers will follow regardless if its real or not.
moreover stop making false accusation that im only trading demo. i have already posted my live account. so do us all a favour, stop posting crap because you're sounding like a broken record.

i got my followers, so what? stop bickering, no body cares.

another thing. no body is threatening you.... stop being superstitious. gosh...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #992,832
  • May 24, 2015 9:43pm May 24, 2015 9:43pm
Quoting gatorinla
{quote} when it got to 1317 weeks back i looked for weakness.. especially at/near 1401 and or 1453ish. the closer it got to 15xx target. the stronger 0786 got.. to answer your question,, it has been one for a month
  • #992,833
  • May 24, 2015 9:50pm May 24, 2015 9:50pm
moving on. not gona be trading today.
dont see much flows going around. looks pretty boring today.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #992,834
  • May 24, 2015 9:54pm May 24, 2015 9:54pm
Quoting gatorinla
{quote} i will be pissing away some pips closer to 122 too..if 122.02 is broken, i will close. if not 118.80 has a shot or 1/2 way to it..or more.. if broken 128.50 ish looks wanted.. either broken or not at some point 118.7x is probably going to get a visit before 128.45. high atm is 121.77, so its getting close.. my stop will probably be less then 10 pips, in search of 320
exporters had offers at 121.60 and they are done now. some more pending at 121.80 and then we see. I doubt if we get a one way rally in usd/jpy with this yellen bullshit on friday. she will come up with a diff version next week. most of the exporters in japan have hedged their rates to 118-120'ish for the year.
  • #992,835
  • May 24, 2015 10:12pm May 24, 2015 10:12pm
Quoting gatorinla
uj pending {image}
121.61 ish bounce to 121.99 is ok for me uj
those who can, do. those who cant, talk about those who can
  • #992,836
  • May 24, 2015 10:21pm May 24, 2015 10:21pm
Quoting giveachance
{quote} exporters had offers at 121.60 and they are done now. some more pending at 121.80 and then we see. I doubt if we get a one way rally in usd/jpy with this yellen bullshit on friday. she will come up with a diff version next week. most of the exporters in japan have hedged their rates to 118-120'ish for the year.
we will just have to see. i dont need to be in the trade until it comes to me. i have waited before yellen.
those who can, do. those who cant, talk about those who can
  • #992,837
  • May 24, 2015 10:21pm May 24, 2015 10:21pm
Long UJ 121.649 SL 121.624
A good trader follows his rules, but great trader knows when to break them
  • #992,838
  • May 24, 2015 10:22pm May 24, 2015 10:22pm
Quoting ill_be_back
Long UJ 121.649 SL 121.624
a lil tight dont you think??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #992,839
  • May 24, 2015 10:23pm May 24, 2015 10:23pm
Quoting fxtyrant
{quote} a lil tight dont you think??
That is Enough to prove me wrong
A good trader follows his rules, but great trader knows when to break them
  • #992,840
  • May 24, 2015 10:29pm May 24, 2015 10:29pm
Quoting Ratmach
{quote} I really wish someone could tell me how to get over this one mental block I have. I scalp pretty much exclusively... I rarely stay in a trade more than an hour. But every once in awhile, when things quickly turn against me, I manage to convince myself that I'm RIGHT on where price is gonna be heading, I was just WRONG in the timing of my entry. So I sit on it and... well, you know the rest... it KEEPS moving against me. So yeah, once in awhile I wind up stuck in a trade with a pretty substantial drawdown, debating on whether to hang in there,...
Bro, just a little sharing as I scalp most of my time. Scalping not necessary means closing at the shortest time. In my opinion, scalping is taking smaller pips. Sometime when market doesnt move much every 5 min candles move up 3 to 5 pips up or down, and end up closing at maybe 10 to 20 pips in few hours.

The psychological part for most traders are trade going against them after entry, if SL too tight, they get slaughter, if SL are wide or remove, they hold on to huge drawdown. The best way to enter is momentum where trade go in your direction. There's few ways to trade momentum, you need to figure out.

Example below. If trade goes well, I hold it for long. If trade reverse I close for smallest possible loss or positive profit.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-05-25 10.57.21.png Size: 35 KB
The only winner is the one who survive the longest...
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