EG at 100R
In trading, you have to be defensive and aggressive at the same time
{quote} Good trading guys.Nice to see all making $$ and that's what is about Thanks for posting this classic pivot chart Mraam.Good to see you
I can see that youre making tons of pips already,
.Cheers
Green Pips Everyone.
MR
Silence your Ego & Your Power will Rise
- #5,948
- Jan 10, 2017 9:47am Jan 10, 2017 9:47am
Hi Davit,
I am following this thread with interest and have recently come to appreciate the Fib levels. If you have time and this is not too basic a question, I would like to ask about your entries. In this thread and some other place also, you said that you break down your entries. Can you please elaborate on how you do it. I am assuming, there definitely will be a method to it or is it random (based on your experience)
Thanks for enriching us with your experience.
"Let me share few points for what is worth.It seldom happens that you enter a trade and trade goes your way immediately.Often there might be a fluctuation of 10-20pips.In order to overcome this I break down my orders in bits and enter progressively to cover the "zone"
This way my average trade is better then entering all at once.
Should price go against you and PA change you can get out with minimal damage since you entered with smaller lot and not all at once.Not suggesting you do this but that's how I trade."
Take care.
Thanks
R
I am following this thread with interest and have recently come to appreciate the Fib levels. If you have time and this is not too basic a question, I would like to ask about your entries. In this thread and some other place also, you said that you break down your entries. Can you please elaborate on how you do it. I am assuming, there definitely will be a method to it or is it random (based on your experience)
Thanks for enriching us with your experience.
"Let me share few points for what is worth.It seldom happens that you enter a trade and trade goes your way immediately.Often there might be a fluctuation of 10-20pips.In order to overcome this I break down my orders in bits and enter progressively to cover the "zone"
This way my average trade is better then entering all at once.
Should price go against you and PA change you can get out with minimal damage since you entered with smaller lot and not all at once.Not suggesting you do this but that's how I trade."
Take care.
Thanks
R
- #5,951
- Jan 10, 2017 9:56am Jan 10, 2017 9:56am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #5,956
- Jan 10, 2017 10:03am Jan 10, 2017 10:03am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #5,957
- Jan 10, 2017 10:11am Jan 10, 2017 10:11am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
{quote} I am short on it while ego still am shooting for below 1.0 Fundamentally CHF is basically interlocked with the Euro so whatever happens with Euro effects the CHF.Shorting the CHF is basically going long on EU Just overall what I do. Some trades I get in and out and some others I hold for longer time like weeks. So UJ shorts and EU longs are longer term and could take 2 months to reach target or longer.Does not bother me.Its how I trade.
Thanks Davit
I know one thing, that I know nothing - Socrates
- #5,959
- Jan 10, 2017 10:14am Jan 10, 2017 10:14am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
PA can't break this bonehead support on AJ
In trading, you have to be defensive and aggressive at the same time
