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  • #1,028,541
  • Sep 25, 2015 10:57am Sep 25, 2015 10:57am
Quoting Pharm0r
{quote} Did you long 1.11261 like you should have?
Already closed that one and open shorts risk -15

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  • #1,028,542
  • Sep 25, 2015 10:57am Sep 25, 2015 10:57am
Quoting gatorinla
{quote} markets up ......... is it china, st ej may be headed to 135.35 135.28.. {image}
i would look for weakness. i am still long eu.. but 1206 is a place that may prove me and 1320 wrong. its below 1209
those who can, do. those who cant, talk about those who can
  • #1,028,543
  • Sep 25, 2015 10:59am Sep 25, 2015 10:59am
Quoting ExForX
{quote} Think about it, you limit potential gains (take profit) but you have a limitless risk (no SL). One day the pip reaper will knock on your door and take it all in one sweep (might take a long time this sweep but it will happen).
Again in my personal experience this worked out , now because i started placing them i am under instead of in profits so thats all , just my personal experience maybe I dont use the right stops but when i didn't use them I didn't loose any money only waited .

I am not the only one there are quite big trader that don't as well ,

think about this

when there is a stop once you hit it the money are gone busted , when is no stop assuming you have about a 1000% margin to play with and don't oversize trades you might be paying swaps but at one point given that you didn't buy the ten years high the money will come back and become profits so , I am still struggling , at the moment i don't have enough margin to be able to do that but I am considering as I get back on my feet and have no trades open to start again .
  • #1,028,544
  • Sep 25, 2015 10:59am Sep 25, 2015 10:59am
Quoting Kribstreet
{quote} it was a mistake and I am waiting for it to come back , I did many other times and it always did come back , 1.1683 is on the cards at some point so I ll wait and take it out or buy ome before and take it out at even . don't want to trash the cash but was a huge mistake ... so now i carry patience and it has been a couple fo bad weeks really for me the 25 th of aug i was very fine and then placing stops have gone into losses i never had even if i had to wait for three months once for a usd jpy 120.80 position in dec last year
yes it works without very often. even if you have to wait for months.
but there is this 1 time out of 10xxxx trades which will come and wipe all off. you have to be aware of this. murphys law.
follow the flow
  • #1,028,545
  • Sep 25, 2015 11:01am Sep 25, 2015 11:01am
Quoting Atihun
{quote} yes it works without very often. even if you have to wait for months. but there is this 1 time out of 10xxxx trades which will come and wipe all off. you have to be aware of this. murphys law.

yes I know I was so happy i had stopped trading the USD CHF when the shit happened

i think a good alternative is to place if you buy something place always some sell order in case armageddon comes and in that way you shall be fine anyway since once hit the money will stop to go down


something I should do more often is to simply edge it after lets say 25 pips if you feel is going down then its locked .

I am a natural bull not much of a seller but I am slowly learning so I can make money anytime the market moves I don't know why .


when i started i was selling more and then became a bull its easier for me but i trick i found was to reverse my Ipad so i can look at the market always in a bulls perspective ahahah


actually I was under water until the 25 th of aug when china came down and then all back and profits after i said to myself I need to start using stops a catastrophe , just had the worst month of my trading life because of stops .
  • #1,028,546
  • Sep 25, 2015 11:02am Sep 25, 2015 11:02am
Quoting piratachile
now perfect Gartley harmonic pattern at 1207 maybe go down
gartley?what TF? where? i don't see any harmonic pattern yet
And falling's just another way to fly...
  • #1,028,547
  • Sep 25, 2015 11:03am Sep 25, 2015 11:03am
Quoting davood13
{quote} gartley?what TF? where? i don't see any harmonic pattern yet
no idea either, i have been looking as well
forex forex forex
  • #1,028,548
  • Sep 25, 2015 11:04am Sep 25, 2015 11:04am
Quoting Kribstreet
{quote} yes I know I was so happy i had stopped trading the USD CHF when the shit happened i think a good alternative is to place if you buy something place always some sell order in case armageddon comes and in that way you shall be fine anyway since once hit the money will stop to go down
in case of armageddon, nothing can help you. if orderbook is empty its empty.
placing a sell(stop) when buying is stoploss.
follow the flow
  • #1,028,549
  • Sep 25, 2015 11:05am Sep 25, 2015 11:05am
Quoting Ken A
{quote} I use stop regardless of account size 1761461
waaaaat soo quikkly pls let me hav a look :L
  • #1,028,550
  • Sep 25, 2015 11:07am Sep 25, 2015 11:07am
Quoting Atihun
{quote} in case of armageddon, nothing can help you. if orderbook is empty its empty. placing a sell(stop) when buying is stoploss.

yep in a away it is and yes if the order book is empty armageddon wipes you out unless you are trading with 2000% margin and trading a small size
  • #1,028,551
  • Sep 25, 2015 11:07am Sep 25, 2015 11:07am
Quoting Ll1979
{quote} Also keeping an eye on it. It's a small step towards 0,6907 so i might take my time on this one.
HI,
it was nice mouve up
  • #1,028,552
  • Sep 25, 2015 11:09am Sep 25, 2015 11:09am
Quoting Ken A
{quote} I use stop regardless of account size 1761461

for how good you are at getting bottom and tops I understand you alwayes do use stops and probably also something like 5 to 10 pips max

which is what I am trying to do now but the oscillation many times can be wider so not sure how to make stops works for me atm
  • #1,028,553
  • Sep 25, 2015 11:10am Sep 25, 2015 11:10am
Quoting Kribstreet
{quote} for how good you are at getting bottom and tops I understand you alwayes do use stops and probably also something like 5 to 10 pips max which is what I am trying to do now but the oscillation many times can be wider so not sure how to make stops works for me atm
sniper
follow the flow
  • #1,028,554
  • Sep 25, 2015 11:21am Sep 25, 2015 11:21am
anyone knows GAnn and uses Gann fans ?
  • #1,028,555
  • Sep 25, 2015 11:25am Sep 25, 2015 11:25am
damnit ken

missed it again

Your $5000 account doesn't impress me
  • #1,028,556
  • Sep 25, 2015 11:26am Sep 25, 2015 11:26am
EU M15
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Click to Enlarge Name: forexfactory EURUSDM15 (3).png Size: 14 KB
And falling's just another way to fly...
  • #1,028,557
  • Sep 25, 2015 11:26am Sep 25, 2015 11:26am
market gone quiet think most traders of their desk not much liquidity atm I am off to the country side for the weekend , happy trades and weekend to all and thank you all for sharing commenting and enhancing each other knowledge ,

I like this thread a lot .

loads of pips to all and see you on Sunday at the market open .
  • #1,028,558
  • Sep 25, 2015 11:28am Sep 25, 2015 11:28am
what a beauty. text book bell curve. next week will be interesting.
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follow the flow
  • #1,028,559
  • Sep 25, 2015 11:29am Sep 25, 2015 11:29am
one other thing i like to share is that depending on the size of the trades you put up the all psychology changes a lot
there is that guy here that buy and sell at the same time which can be a good strategy if done properly but he plays with cents so not sure if you do it wiht some serious cash on each pip
  • #1,028,560
  • Sep 25, 2015 11:31am Sep 25, 2015 11:31am
Quoting Pharm0r
damnit ken missed it again Your $5000 account doesn't impress me
he probably takes profit away each week and only trades with that otherwise with as many pips as he can make would be a waste to trade so little he can make a fortune for how good he is
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