nice of ya FXRay....old buddy
that 184 just has a neat ring to it......and poof.....187 plus
that 184 just has a neat ring to it......and poof.....187 plus
Enter The Dragon - GBP/JPY 2 replies
Info on the Borihei-Dragon Scalping System? 15 replies
The Dragon 441 replies
Scalping The Dragon 34 replies
***Dragon II*** 15 replies
Disliked{quote} Looks like we're getting that squeeze in between the 100sma and 50Fib Fan... Then, we should get a break... I'm hoping on the downside, But The divergence looks good to me Raiders! {image}Ignored
DislikedGot up this morning and got stopped out... had a busy day today today so didn't have time to pick up anymore orders till now... but what a hell of a day though... Looking for some short orders today... and will re-assess as we get into the morning Feds decision... 1st. Sold @ 187.00, TP 186.50... SL 187.20 {image}Ignored
Disliked{quote} Got up and stopped out again... wait for some more info... i believe they're pushing stops, but All in all, equity markets should do well today... Will wait for some more US info...Ignored
Disliked{quote} Gonna give you some advice.. Once I realised this, I stopped losing so much money.. This advice is priceless.. If you can handle it.... are you ready? don't set stops.. If you reeeeeaaaaaallly have to have a stop to protect your account then, find out what the daily average range is, then set your stop outside of this. That way, if something nuts happens you take a loss before you account is emptied. if your trades are well planned and your money management / risk is sound. you don't need to set stops. brokers, Market makers, ECN's liquidity...Ignored
Disliked{quote} Gonna give you some advice.. Once I realised this, I stopped losing so much money.. This advice is priceless.. If you can handle it.... are you ready? don't set stops.. If you reeeeeaaaaaallly have to have a stop to protect your account then, find out what the daily average range is, then set your stop outside of this. That way, if something nuts happens you take a loss before you account is emptied. if your trades are well planned and your money management / risk is sound. you don't need to set stops. brokers, Market makers, ECN's liquidity...Ignored
Disliked{quote} Gonna give you some advice.. Once I realised this, I stopped losing so much money.. This advice is priceless.. If you can handle it.... are you ready? don't set stops.. If you reeeeeaaaaaallly have to have a stop to protect your account then, find out what the daily average range is, then set your stop outside of this. That way, if something nuts happens you take a loss before you account is emptied. if your trades are well planned and your money management / risk is sound. you don't need to set stops. brokers, Market makers, ECN's liquidity...Ignored
Disliked{quote} yikes. good advice if you wish to blow your account, but that's my opinion. with that advice note the mention of money mgmt. VERY critical. My advice? spend more time in reading the charts. I am not seeing any real signs of reversal on this pair yet. I am seeing strength to the upside and frankly wouldn't be surprised to see it move back up into the 194 area.Ignored
Disliked{quote} Don't set stops? Yea one of the first things you learn trading fx, (understanding how the commercial, market movers, and retail traders operate) but always set stops, and sometimes you should move it accordingly... BUT I didn't mind taking a minor loss as my RR ratio was looking good... (if I didn't take a very minor loss I'd also be -50pips after my SL, not good on RR) My Risk Management strategy is on point as I just move on to the next order, no matter what happens... BTW, Today is a day they are stop hunting more than...Ignored
Disliked{quote} Much better is to be patient and wait until all the stops have been hit and the price returns and closes under/over a resistance/support (depending on scenario). Glad to see you still around and progressing TalzusIgnored
Disliked{quote} yikes. good advice if you wish to blow your account, but that's my opinion. with that advice note the mention of money mgmt. VERY critical. My advice? spend more time in reading the charts. I am not seeing any real signs of reversal on this pair yet. I am seeing strength to the upside and frankly wouldn't be surprised to see it move back up into the 194 area.Ignored
DislikedEJ in a bullish pennant. Just bought at the bottom trend line of the it. Give it a look lets see if it breaks up. tight sl just incase EDIT....guess it was supposed to be another flag pattern? anyways bounced hard of the 50 so lets see how it goes {image}Ignored