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EURUSD

  • #1,038,041
  • Nov 24, 2015 12:29am Nov 24, 2015 12:29am
Quoting geniusztc
I think the long position will have some return this week. SL position below previous low,it is not very risky.
Worth the risk in my opinion. Lets see how the drama unfolds today, are we going to 1.05s or 1.07s? Only time will tell.
  • #1,038,042
  • Nov 24, 2015 12:30am Nov 24, 2015 12:30am
Quoting ryder950
{quote} greatly
yup "greatly"
Sometimes it's better to be wrong,to learn..
  • #1,038,043
  • Nov 24, 2015 12:34am Nov 24, 2015 12:34am
waiting for trend to change. no direction atm
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  • #1,038,044
  • Nov 24, 2015 12:48am Nov 24, 2015 12:48am
Quoting tankokjian
waiting for trend to change. no direction atm {image} {image}
Lets see if Franky gives us a nice 30 pip RED candle
A good trader follows his rules, but great trader knows when to break them
  • #1,038,045
  • Nov 24, 2015 12:56am Nov 24, 2015 12:56am
Quoting ill_be_back
{quote} Lets see if Franky gives us a nice 30 pip RED candle
Hehe the monster hasn't arrived yet. If u don't know how to handle her she will gobble u up - gbpjpy would be her daddy.
  • #1,038,046
  • Nov 24, 2015 12:56am Nov 24, 2015 12:56am
long at 0624,can't short at lows
Sometimes it's better to be wrong,to learn..
  • #1,038,047
  • Nov 24, 2015 12:59am Nov 24, 2015 12:59am
Quoting skyhok
The downside is done, watching an impulse (c) up for the next 2-3 weeks. {image}

high possibility

only 3% EU bulls left (DSI)
  • #1,038,048
  • Nov 24, 2015 1:01am Nov 24, 2015 1:01am
Quoting Pip-Miner
Average Win:6.75 pips / $1103.10 Average Loss:-37.78 pips / -$4611.51 - wouldn't touch it, only matter time he blows his account up. Should be the reverse. Reminds me of these martingale robots have win rates of 99% then one day it's all gone after many. small profits over a period of time . They sucker in people with the win rate .
1103.1x0.93-4611.51x0.07=703.08 per Trade
3.62per Trade
he has a pos expectancy above 82% hit rate.
follow the flow
  • #1,038,049
  • Edited 1:21am Nov 24, 2015 1:03am | Edited 1:21am
Quoting KiNgEdwarD
long at 0624,can't short at lows
Have a Pending BUY
Cancelled
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #1,038,050
  • Nov 24, 2015 1:05am Nov 24, 2015 1:05am
Quoting biccinno
{quote} We all want quick money thus we all loss those quick time.
Most are scams that's the saddest of all . Grid systems with a martingale strategy taken straight out of gambling text book. They blow up when the market dynamics change or a major price spike of 350 -400 points with little retrace caused by day an interest rate hike as the robot can't think and the owner lets it run as it is 98% successful lol
  • #1,038,051
  • Nov 24, 2015 1:11am Nov 24, 2015 1:11am
Quoting Pip-Miner
{quote} Most are scams that's the saddest of all . Grid systems with a martingale strategy taken straight out of gambling text book. They blow up when the market dynamics change or a major price spike of 350 -400 points with little retrace caused by day an interest rate hike as the robot can't think and the owner lets it run as it is 98% successful lol
are you referring to the HFT , yeah let them eat cow dungs
  • #1,038,052
  • Nov 24, 2015 1:17am Nov 24, 2015 1:17am
Quoting Pip-Miner
{quote} Most are scams that's the saddest of all . Grid systems with a martingale strategy taken straight out of gambling text book. They blow up when the market dynamics change or a major price spike of 350 -400 points with little retrace caused by day an interest rate hike as the robot can't think and the owner lets it run as it is 98% successful lol
If you know when to STOP with a grid or martingale system, you are good. But that is 99% of the times not the case. Just imagine how many pips you would have during the last few weeks with a tight trading range. I have heard times where people have done great with those systems, they could have few lucky weeks, or months but never a few years. That is why, traders using these strategies are aggressive, and they hit the withdrawal button as soon as the target is hit.

What comes fast, goes fast. If you want to treat trading as a business, enjoy the 0.1%-1% gain a trade. That is all you need, once you have gone a few months with that without withdrawing, your small account with all the compounding will not be small anymore and all that without breaking a sweat.
  • #1,038,053
  • Nov 24, 2015 1:19am Nov 24, 2015 1:19am
Quoting countdown
{quote} Closed manually with 3 pip profit.. Choppy market (( Screen shot tomorrow..
here
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do not stand out in the open with gun ;stand in the bushes with knife..
  • #1,038,054
  • Edited 1:31am Nov 24, 2015 1:20am | Edited 1:31am
Quoting Pip-Miner
Average Win:6.75 pips / $1103.10 Average Loss:-37.78 pips / -$4611.51 - wouldn't touch it, only matter time he blows his account up. Should be the reverse. Reminds me of these martingale robots have win rates of 99% then one day it's all gone after many. small profits over a period of time . They sucker in people with the win rate .
it can be maintained if he knows where to enter. if he doesn't then it won't

it's not an EA and it's also not his personal money. he manages over 5mil total this is just the most risky fund but also has great performance.

hope he doesn't blow it, I think since August 24th he has learned a lesson and has reduced leverage on initial trade to less than 0.5:1

prior to that he started with 2:1
Be hopeful in a winning position, and fearful in a losing position.
  • #1,038,055
  • Nov 24, 2015 1:21am Nov 24, 2015 1:21am
Quoting Ken A
You know what happen when everyone is short It's scary
hope it's explosive like last week
Be hopeful in a winning position, and fearful in a losing position.
  • #1,038,056
  • Nov 24, 2015 1:21am Nov 24, 2015 1:21am
Looks like most of you are shorting it...hmm..now are they gonna kill stops with quick spike and take it down in US session?
When Scalpers win, I lose and Vice varsa...
  • #1,038,057
  • Nov 24, 2015 1:38am Nov 24, 2015 1:38am
Quoting Goldflake
Looks like most of you are shorting it...hmm..now are they gonna kill stops with quick spike and take it down in US session?
Blame the Fxfactory members for their 100,000 Lots shorts.
  • #1,038,058
  • Nov 24, 2015 1:46am Nov 24, 2015 1:46am
Quoting pipssniper10
{quote} Blame the Fxfactory members for their 100,000 Lots shorts.
Now, it seems like the equation is changing a bit..let's see what they bring in next couple for hours..
When Scalpers win, I lose and Vice varsa...
  • #1,038,059
  • Nov 24, 2015 1:48am Nov 24, 2015 1:48am
Are we now finally ready to go through that 1.06 barrier and keep going?
Not financial advice. For testing purposes only. Do not use on live account
  • #1,038,060
  • Nov 24, 2015 1:49am Nov 24, 2015 1:49am
Quoting Rag2RichesFX
{quote} it can be maintained if he knows where to enter. if he doesn't then it won't it's not an EA and it's also not his personal money. he manages over 5mil total this is just the most risky fund but also has great performance. hope he doesn't blow it, I think since August 24th he has learned a lesson and has reduced leverage on initial trade to less than 0.5:1 prior to that he started with 2:1
Mm not his personal Money...
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