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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

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EURUSD

  • #1,025,821
  • Sep 14, 2015 1:33pm Sep 14, 2015 1:33pm
Quoting dan2boy
{quote} dun put sl... really.. put sl if u are away from your monitor or during news.. i've learned my lessons... know your stops.. Stoploss when PA shows u r wrong
Makes sense. But what about as far as long term trading? I'm tryna to learn how to look at the bigger picture & hold trades for days. I always have 2 problems though. 1. I never know when to move my stop to BE 2. It's hard me to see my profit go from 100 pips to 20 pips & have the confidence to scale in. I always get scared & pull out, just to see it continue to go in my initial direction lol.
Demo? What's A Demo?
  • #1,025,822
  • Sep 14, 2015 1:34pm Sep 14, 2015 1:34pm
Quoting srt
{quote} Yes. If you listen to any of the earnings reports recently, nearly all companies with off-shore operations had reduced earnings because of the currency affect (strong US$). http://www.bloomberg.com/news/articl...ct-on-earnings
Yes, the same tunes from the first day FED tapering .........

I am in the no hike camp and starting to buy gold and short USD .........

In case of being wrong - trim down or close all - no harm done.
  • #1,025,823
  • Sep 14, 2015 1:36pm Sep 14, 2015 1:36pm
Quoting Pharm0r
{quote} Depends. The stop isnt what's important, that should be automatic. What's important is you know when your trade is wrong- that's where your stop goes, then you calculate the leverage to utilize and whether the RR is worth it. If you don't know where the trade can go wrong, then spit ball with a stop and accept the outcome- or don't trade it. What's the rush anyway I try to keep within 7-15 pips. Stopped out means I was wrong, look for another one. I generally don't like to use large stops as you can lose the same amount of pips with 10x10...
Okay I see. I guess whenever I tried the small stop & got stopped out, I would never look for a rentry. I would just mark it as a Loss. I'm getting better tho. I learn something new everyday
Demo? What's A Demo?
  • #1,025,824
  • Sep 14, 2015 1:41pm Sep 14, 2015 1:41pm
Quoting Sayy29
{quote} Okay I see. I guess whenever I tried the small stop & got stopped out, I would never look for a rentry. I would just mark it as a Loss. I'm getting better tho. I learn something new everyday
It takes time.

I have had, and still have problems holding trades. Ken and Mr. Hatch have both helped me with that along the way

generally the lower the leverage of a trade the less you care if it gets stopped out, once I started trading with less than a percent risk per stop out- I stopped caring about being stopped out. Then you just have to have the balls to hold the trade....obviously easier said than done, but easier with practice.
  • #1,025,825
  • Sep 14, 2015 1:46pm Sep 14, 2015 1:46pm
Quoting Pharm0r
{quote} It takes time. I have had, and still have problems holding trades. Ken and Mr. Hatch have both helped me with that along the way generally the lower the leverage of a trade the less you care if it gets stopped out, once I started trading with less than a percent risk per stop out- I stopped caring about being stopped out. Then you just have to have the balls to hold the trade....obviously easier said than done, but easier with practice.
I see. Thanks for your insight!
Demo? What's A Demo?
  • #1,025,826
  • Sep 14, 2015 1:46pm Sep 14, 2015 1:46pm
Quoting Sayy29
{quote} Makes sense. But what about as far as long term trading? I'm tryna to learn how to look at the bigger picture & hold trades for days. I always have 2 problems though. 1. I never know when to move my stop to BE 2. It's hard me to see my profit go from 100 pips to 20 pips & have the confidence to scale in. I always get scared & pull out, just to see it continue to go in my initial direction lol.
I am also still learning from the guru's reading post... but in my opinion, u could try to TP half or some of it at a certain point in time.. for example 80pips/50pips and u meet resistance, my as well TP 30%/50% of ur volume, then let the balance run to ur Target... if it dun reach it would just either BE or BE+somepips
  • #1,025,827
  • Sep 14, 2015 1:51pm Sep 14, 2015 1:51pm
Quoting dan2boy
{quote} I am also still learning from the guru's reading post... but in my opinion, u could try to TP half or some of it at a certain point in time.. for example 80pips/50pips and u meet resistance, my as well TP 30%/50% of ur volume, then let the balance run to ur Target... if it dun reach it would just either BE or BE+somepips
Yea I think that's something that I need to do differently as well. Cuz I usually place 1 trade with a set amount. I'm going to start dividing my normal trade amount into multiple orders. I believe that is how NuNix does it as well
Demo? What's A Demo?
  • #1,025,828
  • Sep 14, 2015 1:55pm Sep 14, 2015 1:55pm
Quoting Sayy29
{quote} Yea I think that's something that I need to do differently as well. Cuz I usually place 1 trade with a set amount. I'm going to start dividing my normal trade amount into multiple orders. I believe that is how NuNix does it as well
Savvy u can s/o half of ur trade even if u place oni 1 trade in MT4, i dunno whether u have activated the one touch trading anot, but the safer way is to go modify order.. choose "Market execution" from the tab and then key in the amount of lots u wanna close and then click close order
  • #1,025,829
  • Sep 14, 2015 1:55pm Sep 14, 2015 1:55pm
Quoting Ken A
{quote} Yes, the same tunes from the first day FED tapering ......... I am in the no hike camp and starting to buy gold and short USD ......... In case of being wrong - trim down or close all - no harm done.
Pretty good support @ 1100.
I'm buying small amounts of physical silver but feel gold will eventually drop to 1000 so will accumulate more on the way down. Long-term investment for when the wheels come off the financial mess being created.
  • #1,025,830
  • Sep 14, 2015 1:57pm Sep 14, 2015 1:57pm
Quoting Ken A
{quote} Yes, the same tunes from the first day FED tapering ......... I am in the no hike camp and starting to buy gold and short USD ......... In case of being wrong - trim down or close all - no harm done.
not even 10bp?
follow the flow
  • #1,025,831
  • Sep 14, 2015 1:59pm Sep 14, 2015 1:59pm
max what are you doing
Inserted Video
follow the flow
  • #1,025,832
  • Sep 14, 2015 1:59pm Sep 14, 2015 1:59pm
Quoting dan2boy
{quote} Savvy u can s/o half of ur trade even if u place oni 1 trade in MT4, i dunno whether u have activated the one touch trading anot, but the safer way is to go modify order.. choose "Market execution" from the tab and then key in the amount of lots u wanna close and then click close order
Omg I didn't know you could do that lol thanks!
Demo? What's A Demo?
  • #1,025,833
  • Sep 14, 2015 2:03pm Sep 14, 2015 2:03pm
Quoting Sayy29
{quote} Omg I didn't know you could do that lol thanks!
No probs we are all just learning.
  • #1,025,834
  • Sep 14, 2015 3:01pm Sep 14, 2015 3:01pm
Quoting NuNix
{quote} I short EJ now {quote} Yes still keep EU longs {quote} yes still net 30 pips not bad
EJ Short closed -25 pip
Dangdut is a music of my country
  • #1,025,835
  • Sep 14, 2015 3:03pm Sep 14, 2015 3:03pm
maybe we close daily green again already 7 consecutive daily green candles
  • #1,025,836
  • Sep 14, 2015 3:17pm Sep 14, 2015 3:17pm
Dough gee close

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Quoting NuNix
{quote} EJ Short closed -25 pip
That strategy is to trade against the crowd retailer same as to trade against me
  • #1,025,837
  • Sep 14, 2015 3:30pm Sep 14, 2015 3:30pm
closed all the EU, looking long tmr.
  • #1,025,838
  • Sep 14, 2015 4:01pm Sep 14, 2015 4:01pm
1316 closed here
Opened 1317.2
  • #1,025,839
  • Sep 14, 2015 4:23pm Sep 14, 2015 4:23pm
340 is calling.
  • #1,025,840
  • Sep 14, 2015 4:25pm Sep 14, 2015 4:25pm
back down to 1120, then 1020.
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