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  • #998,501
  • Jun 5, 2015 9:48pm Jun 5, 2015 9:48pm
Quoting edyraper
{quote} are you gonna hold your UJ shorts ? mean if you believe any possible move to 122 , I gonna wait till there to long
i will wait for 120
Sometimes it's better to be wrong,to learn..
  • #998,502
  • Jun 5, 2015 11:31pm Jun 5, 2015 11:31pm
Quoting Pharm0r
Sorry for the late reply and the run on sentences, on my phone. Girlfriend snoring away beside me. Insomnia.
No comment.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #998,503
  • Jun 5, 2015 11:50pm Jun 5, 2015 11:50pm
Quoting 2012mysterio
{quote} OK all good, thats a clarification and makes sense. For me this is a entertainment only forum, although the calendar and other features are nice. moving on- whats your view on EU?
Got involved randomly here answering a question, usually just post my ideas on my thread now when I have time...
The world you desire can be won. It exists.. it is real.. it is possible..
  • #998,504
  • Jun 5, 2015 11:53pm Jun 5, 2015 11:53pm
I discovered the best strategy for traders who has almost all trades closed in lose...

works on 1:1 target/sl

STEP 1: Do your classic analysis and decide the sentiment BUY or SELL
STEP 2:If u choose BUY-then go SHORT, if u choose SELL-then go BUY

EZ MONEY EZ LIFE
"I'm not answering stupid questions."
  • #998,505
  • Jun 5, 2015 11:56pm Jun 5, 2015 11:56pm
Quoting Malchi
I discovered the best strategy for traders who has almost all trades closed in lose... works on 1:1 target/sl STEP 1: Do your classic analysis and decide the sentiment BUY or SELL STEP 2:If u choose BUY-then go SHORT, if u choose SELL-then go BUY EZ MONEY EZ LIFE
yes, that would be correct in this situation ..LOL

edit- actually not though, as if you enter any position, and it moves 20 pips against you before giving you a 40 pip profit, and your SL is set at 15 pips, you'll still lose every trade.
  • #998,506
  • Jun 6, 2015 12:07am Jun 6, 2015 12:07am
Quoting 2012mysterio
{quote} yes, that would be correct in this situation ..LOL edit- actually not though, as if you enter any position, and it moves 20 pips against you before giving you a 40 pip profit, and your SL is set at 15 pips, you'll still lose every trade.
thats why u must have TP/SL same ammout like 40 pips TP and 40 pips SL ... just use SELL instead BUY then where u should be lost u will be winner ... PLS PLAY IT ON low spread PAIRS !
"I'm not answering stupid questions."
  • #998,507
  • Jun 6, 2015 12:07am Jun 6, 2015 12:07am
Quoting 2012mysterio
{quote} yes, that would be correct in this situation ..LOL edit- actually not though, as if you enter any position, and it moves 20 pips against you before giving you a 40 pip profit, and your SL is set at 15 pips, you'll still lose every trade.
Due to this it is only one solution if your trade gets wrong.

Sit quietly do not open the PC and after some days your account is in balance again
  • #998,508
  • Jun 6, 2015 12:13am Jun 6, 2015 12:13am
Quoting Malchi
{quote} thats why u must have TP/SL same ammout like 40 pips TP and 40 pips SL ... just use SELL instead BUY then where u should be lost u will be winner ... PLS PLAY IT ON low spread PAIRS !
Hi Malchi, yes you're right, i didnt read your original post carefully, same sl and tp.
  • #998,509
  • Jun 6, 2015 12:19am Jun 6, 2015 12:19am
Guys I tell u ... I was learning last year and spend TONS of hours of trading forex .. and I can easily tell u I was best in my NOOB starts ... nobody cant help me ... i am cursed ... this is happening when I use all strategy what i saw ..
this shit must end up fast ... TIME TO LEARN WRB HIDDEN GAP ...
Attached Image (click to enlarge)
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"I'm not answering stupid questions."
  • #998,510
  • Jun 6, 2015 12:34am Jun 6, 2015 12:34am
Quoting Malchi
Guys I tell u ... I was learning last year and spend TONS of hours of trading forex .. and I can easily tell u I was best in my NOOB starts ... nobody cant help me ... i am cursed ... this is happening when I use all strategy what i saw .. this shit must end up fast ... TIME TO LEARN WRB HIDDEN GAP ... {image}
Trading is hard. It takes a long long time for people to get consistent and profitable. Keep re-working your strategy and look at everything, expecially learn from your losers. Focus on them. Are you patient? how is your money management..how is your entries/exits, what type of trader are you..trend, counter, breakout, scalper, position, intraday, what time frame and charts you use, whats you stop loss style, bla blabla, can go on and on..

Keep you leverage as well as position sizing small, and never give up, you'll make it. get rich slow is the game. Good luck!
  • #998,511
  • Jun 6, 2015 12:55am Jun 6, 2015 12:55am
Quoting Pharm0r
Sorry for the late reply and the run on sentences, on my phone. Girlfriend snoring away beside me. Insomnia.

Produce more baby please
  • #998,512
  • Edited 1:58am Jun 6, 2015 1:45am | Edited 1:58am
Quoting Malchi
I discovered the best strategy for traders who has almost all trades closed in lose... works on 1:1 target/sl STEP 1: Do your classic analysis and decide the sentiment BUY or SELL STEP 2:If u choose BUY-then go SHORT, if u choose SELL-then go BUY EZ MONEY EZ LIFE
this does not work as well i backtested it with an EA i have some time ago - just for fun. you lose also. same data, same algo, 1 year backtest.

Reason: Even when it's the same data the trades don't match anymore when you invert them, different entries, different exits.
Interestingly you lose then as well.
  • #998,513
  • Jun 6, 2015 2:11am Jun 6, 2015 2:11am
Quoting airmac
{quote} maybe some people just like to enjoy "the power" they lack in real life : ) but seriously, I think mods are doing a great job on this site. Good traders are still here and that's all I need : )
...

Anyway, how did you do with the NFP? Made any pips? Or most importantly, did you stick to your plan regardless of the outcome?
Trade smart, not hard
  • #998,514
  • Jun 6, 2015 2:16am Jun 6, 2015 2:16am
Quoting TimTheTrader
{quote} ... Anyway, how did you do with the NFP? Made any pips? Or most importantly, did you stick to your plan regardless of the outcome?
zero play for me. traded the non-existing reversal. made 1 pip or so
  • #998,515
  • Jun 6, 2015 2:21am Jun 6, 2015 2:21am
EU closed at 1.11164.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD - 5.5.2015 2.jpg Size: 234 KB
Trade what you SEE, don't trade what you FEEL. Be Smart! - (Webadoi)
  • #998,516
  • Jun 6, 2015 2:28am Jun 6, 2015 2:28am
Quoting TimTheTrader
{quote} ... Anyway, how did you do with the NFP? Made any pips? Or most importantly, did you stick to your plan regardless of the outcome?
I was in position from thursday so I was safe. Could go either way but market needed correction anyway I guess. And you are right, having a plan is the most important thing in trading. Executing it is another story isn't it hehe. And actually this time, by importance, I didn't know if it's a trend or counter trend trade considering euro lol. I still don't : )
  • #998,517
  • Jun 6, 2015 3:13am Jun 6, 2015 3:13am
Quoting Malchi
Guys I tell u ... I was learning last year and spend TONS of hours of trading forex .. and I can easily tell u I was best in my NOOB starts ... nobody cant help me ... i am cursed ... this is happening when I use all strategy what i saw .. this shit must end up fast ... TIME TO LEARN WRB HIDDEN GAP ... {image}
It's a given that once you delve into using systems not created by yourself you will always lose. That's why when starting forex and before studying / overusing indis or systems from wherever, you are profiting. Because even the seeming randomness of your calls in your first steps is a system created by yourself bound to be more successful than the crap you will find posted around. The problem is that once you go down that way (trying systems, losing to something someone else created and then going to the next) you can almost never go back until either you run out of money or go to the next 'successful' system that will grab another part of your funds. So, the only way to succeed is go back to the roots (if you still remember what you did - KISS) and just read about money management and ignore everything else.
  • #998,518
  • Jun 6, 2015 3:20am Jun 6, 2015 3:20am
Trading idea from the coming week: Long EURUSD. Entry from current level, alternatively from around 1.1080 (buy limit). Stop around/below 1.1030. Possible target 1.1370.

Will follow this very close. Will wait for the entry signal and/or daily divergence (arrows) before entering into position. Still, looks very promising.

Attached Image (click to enlarge)
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Do not let the cost of being wrong, exceed the prize of beeing right
  • #998,519
  • Jun 6, 2015 3:38am Jun 6, 2015 3:38am
as long as there is no end to greece problem, i will still short on EUR.
  • #998,520
  • Jun 6, 2015 4:18am Jun 6, 2015 4:18am
Quoting bluetoss
as long as there is no end to greece problem, i will still short on EUR.
be carefull body any positive news will make a big bounce , that would be harmful ... thing either ways
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