on AN price has pullback to the pivot level and struggling in this area ,watching PA carefully for add some long on that area ,
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- #2,383
- Sep 6, 2016 8:45am Sep 6, 2016 8:45am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #2,385
- Sep 6, 2016 8:55am Sep 6, 2016 8:55am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #2,389
- Sep 6, 2016 9:11am Sep 6, 2016 9:11am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #2,391
- Sep 6, 2016 9:14am Sep 6, 2016 9:14am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
Easy trade. Let Pivot do the work for you. As Davit's said earier " Let the trade come to you." {image}
great job
In trading, you have to be defensive and aggressive at the same time
I trade GJ & UJ today.
Both are short trade.
But GJ had given me a nerve wrecking drawdown, but luckily it is smaller lots, which is around 1% of my account.
GJ is a beat and difficult pairs to trade. I will be extra cautious in handling GJ in future.
Overall, I knew, GJ is going down ( from yesterday), but GJ keep on spiking up, against me. Psychologically, if I trade my normal lots, for sure I have to take the beating and loose money.
But with Davit's method ; i still can hold position, until the trade turns on my favor.
UJ is just straight forward deal using Davit's method, no hassle.
Enter when it break Pivot Point and start counting your pip meters. Simple....
Here is my final damage.
Both are short trade.
But GJ had given me a nerve wrecking drawdown, but luckily it is smaller lots, which is around 1% of my account.
GJ is a beat and difficult pairs to trade. I will be extra cautious in handling GJ in future.
Overall, I knew, GJ is going down ( from yesterday), but GJ keep on spiking up, against me. Psychologically, if I trade my normal lots, for sure I have to take the beating and loose money.
But with Davit's method ; i still can hold position, until the trade turns on my favor.
UJ is just straight forward deal using Davit's method, no hassle.
Enter when it break Pivot Point and start counting your pip meters. Simple....
Here is my final damage.
Let all the living things live blissfully
- #2,396
- Sep 6, 2016 9:29am Sep 6, 2016 9:29am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #2,397
- Sep 6, 2016 9:32am Sep 6, 2016 9:32am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Drawdown. Holding it with smaller lots really help me to hold those trades, compares to having big lot which full of tense.{image}
continue doing excellent work here
In trading, you have to be defensive and aggressive at the same time
- #2,398
- Sep 6, 2016 9:37am Sep 6, 2016 9:37am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
I trade GJ & UJ today. Both are short trade. But GJ had given me a nerve wrecking drawdown, but luckily it is smaller lots, which is around 1% of my account. GJ is a beat and difficult pairs to trade. I will be extra cautious in handling GJ in future. Overall, I knew, GJ is going down ( from yesterday), but GJ keep on spiking up, against me. Psychologically, if I trade my normal lots, for sure I have to take the beating and loose money. But with Davit's method ; i still can hold position, until the trade turns on my favor.
Stay away from hyper crosses please and relax.To be calm and stress free is important.Trading will become fun activity when you learn what to avoid.
In trading, you have to be defensive and aggressive at the same time
- #2,399
- Sep 6, 2016 9:41am Sep 6, 2016 9:41am
{quote} Drawdown. Holding it with smaller lots really help me to hold those trades, compares to having big lot which full of tense.
btw. I'm short here also.
buying tops / selling bottoms
