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  • #1,035,481
  • Nov 12, 2015 4:14am Nov 12, 2015 4:14am
Quoting ill_be_back
{quote} You might want to try this on DEMO
Or real with cent amount
  • #1,035,482
  • Nov 12, 2015 4:15am Nov 12, 2015 4:15am
Quoting edyraper
pending buy 0664 {quote} perfect buy 0750 and take profit at 0650 sell 0730 and take profit at 0715 this is the best strategy I've ever see
he made a typing error and forgot the 7 (1.065 instead of 1.0765)
  • #1,035,483
  • Nov 12, 2015 4:19am Nov 12, 2015 4:19am
Quoting itmehedi
Most of the experience trader are scalping. So i have few question about it. Let price have now 1.0740 If i want to play scalping like this. BUY STOP: 1.0750 TP: 1.065 and SL: 1.0740 SELL STOP: 1.0730 TP: 1.0715 and SL: 1.0740 Please someone tell me about this. Because i want only 15 pips by scalping but with bigger amount.
what's up with you ?

buy stop 0750 TP 0650 SL 0740 ?
  • #1,035,484
  • Nov 12, 2015 4:19am Nov 12, 2015 4:19am
Quoting FxIpMan
{quote} he made a typing error and forgot the 7 (1.065 instead of 1.0765)
yeppzzzzz , I see .
  • #1,035,485
  • Nov 12, 2015 4:20am Nov 12, 2015 4:20am
Probably downhill from here. What do you think guys? Placing my tp 1.66XX
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Consistency.
  • #1,035,486
  • Nov 12, 2015 4:21am Nov 12, 2015 4:21am
Draghi again in 10 minutes
Stop going for the easy buck
  • #1,035,487
  • Nov 12, 2015 4:22am Nov 12, 2015 4:22am
Quoting Jonstaples
Every time that ECB President Draghi's speaks EURO falls, is a nice pattern to follow!
Great !!!
  • #1,035,488
  • Nov 12, 2015 4:22am Nov 12, 2015 4:22am
Quoting edyraper
{quote} yeppzzzzz , I see .

I just hope the bunny playboy is not taking you serious
  • #1,035,489
  • Nov 12, 2015 4:23am Nov 12, 2015 4:23am
Quoting gatorinla
{quote} 0781, the 2 others range to 0729. below them are other large levels. 0692 is probably the reason for congestion making that q1 close near
above post is linked. not much to see here. shorter term on the day, probably not much bull w/o above 0738 close. it hasn't been tested since this drop to 0690 atm. but drop has hit the normal 0735 retrace since.. so if its bearish, it has little reason to retrace again.
those who can, do. those who cant, talk about those who can
  • #1,035,490
  • Nov 12, 2015 4:27am Nov 12, 2015 4:27am
For my GU i placed my tps at 1.53200 and 1.52465. Any advice guys? Newbie here.
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Consistency.
  • #1,035,491
  • Nov 12, 2015 4:28am Nov 12, 2015 4:28am
any link to the old man's speech?
  • #1,035,492
  • Nov 12, 2015 4:29am Nov 12, 2015 4:29am
Quoting itmehedi
{quote} It is moving downward. Really AUD/USD go upward at .7350? I am selling it.
This is what I am referring to..

It does have potential..

4 or 5 bearish weeks in a row is typically followed by a bullish week or two.. and the cheaper the price gets the higher probability of that being true.
Attached Image
Be hopeful in a winning position, and fearful in a losing position.
  • #1,035,493
  • Edited 5:11am Nov 12, 2015 4:30am | Edited 5:11am
Quoting andoseg2
{quote} It is the last time I respond to an amateur trader : learn what risk management mean then read again my chart.
Quoting andoseg2
{quote} Learn what Risk Management mean, then you can quote my posts.
Quoting MaxDoom
{quote} you chart says 0% risk but the SL is above the entry price....!
Quoting andoseg2
{quote} Another short entry for good potential reward : {image}
Take a reality check, you posted a short trade with the SL above the entry level and claimed it is 0% risk, and ever since, instead of explaining what you mean you have kept on hiding behind - go learn risk management......

I have attached your chart for you in case you have forgotten what you put on it, so lets go thru the scenarios as you seem to be unable to explain it yourself:

You say "This is a covered trade, if price suddenly reverse I lose 0%"

Possible meanings of this are:

1) You mean that because you have already banked profits from another trade that if this trade loses you are still a net winner. - Here you are risking some of your banked profits, so it is not 0% risk but in reality the new trade is actually independent anyway with it's own risk.

2) You mean by covered that you also have an equal long trade in place - In this scenario you are therefore flat but with a SL on the table some spiking of the prices could see you lose out - so again not 0% risk

3) By covered you mean you have placed an alternative asset to hedge the trade, say an option, future etc. - Again this would not be zero risk as there is cost of trading to account for as a minimum and if the trade fails a net loss so not 0% risk.

but we both know you were referring to option 1 so clearly you do not understand risk management at all and in fact option 1 simply proves you have a gambling mentality and not a traders mentality.

further you should really go discover the proper meaning of the word covered in trading because it is not as in option 1 above.

and I should add if the price had jumped your SL on a spike it could also jump enough to wipe out all your previous profits as well - so again not 0%

all you really had to do was make a sensible reply to my initial observation instead of being such a f* idiot and pretending you are the god of risk management.

have a nice day

ps: I forgot the obvious scenario - you are on demo then it truly is 0%
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  • #1,035,494
  • Nov 12, 2015 4:35am Nov 12, 2015 4:35am
Quoting maximinus
{quote} Yes. closed those in profits and will let run if close < 3255 or take loss if close >3265 the remainings lots. Go for the ladies...the best remedy for the peace of mind or troubles...it depends
We are going higher now. I have long loaded from 3257 will add some more. 3280 should be taken out.
  • #1,035,495
  • Nov 12, 2015 4:36am Nov 12, 2015 4:36am
Draghi changed his mind in the last 2 hours.

Lol must get tiring having to fake speeches to control market direction at the bidding of his true masters.

Has potential (if can close the next 3 hours above 1.0704

Edit: nevermind, here he goes again.. might chop around before this becomes valid
Attached Image
Be hopeful in a winning position, and fearful in a losing position.
  • #1,035,496
  • Nov 12, 2015 4:37am Nov 12, 2015 4:37am
Quoting janpec1000
{quote} We are going higher now. I have long loaded from 3257 will add some more. 3280 should be taken out.
Wouldn't be so sure, but if it breaks its better to short

I'll short this crap only
COT: The precious data ignored
  • #1,035,497
  • Nov 12, 2015 4:37am Nov 12, 2015 4:37am
Quoting TsunamiPL
Draghi again in 10 minutes
  • #1,035,498
  • Nov 12, 2015 4:39am Nov 12, 2015 4:39am
Quoting edyraper
pending buy 0664 {quote} perfect buy 0750 and take profit at 0650 sell 0730 and take profit at 0715 this is the best strategy I've ever see
I thought you appreciate it....
yes, typing mistake
  • #1,035,499
  • Nov 12, 2015 4:40am Nov 12, 2015 4:40am
Quoting chess king
{quote} what's up with you ? buy stop 0750 TP 0650 SL 0740 ?
typing mistake. I notice it just now. I hope you understand that...
  • #1,035,500
  • Nov 12, 2015 4:41am Nov 12, 2015 4:41am
EUR/USD need some concrete fundamentals to move upwards, otherwise is all just mere retracement ...
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