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  • #1,097,801
  • Mar 20, 2017 7:58am Mar 20, 2017 7:58am
Quoting sunilpawar
{quote} yes but SL may be at 1.0630
With the leverage I use, it would be insane to use a so wide SL. I dont want to lower leverage. My SL generally are set to be from 5 to not more than 20 pips.
  • #1,097,802
  • Mar 20, 2017 8:02am Mar 20, 2017 8:02am
Quoting TudorIoan
Here is my (today) intraday 20 pips strategy ...already got stopped once I got 6 more shots before to accept the total loss ...which is 25% of my account ...wich is a month work {image}
Quoting COGSx86
Seem this 1.07580, is causing some big reactions!
Excuse me, is my entry, 1.0757 ...I shouldn't make it public, I always knew RBs are hunting me
Attached Image (click to enlarge)
Click to Enlarge Name: ZHART1.png Size: 18 KB
Member
  • #1,097,803
  • Mar 20, 2017 8:04am Mar 20, 2017 8:04am
Quoting jusstin911
{quote} in your words, 'It's undeniably easier' to find entries huh? if this is true, then you should not find any problem exiting, in fact it should be easier for you.. The very same 'Hammer' that formed a bullish trade will also come as a 'Shooting Star' for bearish and this applies to other several candles (If you trade candle sticks) For me, I still say a proper entry is not easy and if one is lucky enough to find a good entry, moving your stops should not be a problem... (If entries was easy, everyone would be rich from closing in BE) Nobody...
You have dodged my question. But I agree proper entry (proper in my view) is not easy to find either.
  • #1,097,804
  • Edited 8:54am Mar 20, 2017 8:12am | Edited 8:54am
A lot of indecision today as expected of Monday's. My bias in the extreme short term is down. Hopefully it doesn't range all day today within 5-8 pips and decides to actually break through somewhere...
  • #1,097,805
  • Mar 20, 2017 8:14am Mar 20, 2017 8:14am
Quoting TudorIoan
{quote} {quote} Excuse me, is my entry, 1.0757 ...I shouldn't make it public, I always knew RBs are hunting me {image}

I think it needs to be bit wider range of 1.075-1.076

edit: 10 second chart!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD10 secs.png Size: 97 KB
Learn, a forex trader must, unlearn and relearn he will.
  • #1,097,806
  • Mar 20, 2017 8:15am Mar 20, 2017 8:15am
Quoting wukatrades
A lot of indecision today as expected of Monday's. Seems bulls are trying to push past 1.0757 but are unable to successfully because of the dreadful slow Monday. My bias in the extreme short term is down. Hopefully it doesn't range all day today within 5-8 pips and decides to actually break through somewhere...
It's looking like the same bullshit we saw last week. False TA indications, couple big moves due to news, and sideways movement the rest of the week. Fuck this nonsense.
  • #1,097,807
  • Mar 20, 2017 8:21am Mar 20, 2017 8:21am
Quoting COGSx86
{quote} I think it needs to be bit wider range of 1.075-1.076 edit: 10 second chart! {image}
Is tested for years... 06:00 GMT ...11 pips Fibo ...goes like 6.8 pips of 6GMT open ........ 22pips TP....11pips SL ....
You will not be just stunned ...your heart will stop beat for seconds ...because is like diabolic accuracy (only for EUR/USD)

But I really do appreciate your suggestion
Member
  • #1,097,808
  • Mar 20, 2017 8:26am Mar 20, 2017 8:26am
Quoting tstivers
{quote} It's looking like the same bullshit we saw last week. False TA indications, couple big moves due to news, and sideways movement the rest of the week. Fuck this nonsense.
Does anyone else wonder if the market ranges might be getting more tight/small as HFT moves more into these markets?

Maybe I'm just losing it though... =D Seems like the action before the past few years was a lot more ranging than this, but it could just be Central Banks supppressing volatility also. I'm doing somewhat decent either way, but just wondering for the most part...
  • #1,097,809
  • Mar 20, 2017 8:31am Mar 20, 2017 8:31am
Quoting tstivers
{quote} It's looking like the same bullshit we saw last week. False TA indications, couple big moves due to news, and sideways movement the rest of the week. Fuck this nonsense.

Trading forex is not for everyone mate, maybe you should reconsider.

Look for instance member "mades" ; he has been trading it for more than 10 years and the issues he has sound like someone who just downloaded meta trader.

Some will never make it in this business, it is sad but true. Anyway good luck to you, hope you can discover your edge and if you don't then there is always sth else to make your bread and butter. There are hundreds of ways to bring home the bacon. Forex is not everything.
  • #1,097,810
  • Mar 20, 2017 8:35am Mar 20, 2017 8:35am
Quoting Connors
{quote} Trading forex is not for everyone mate, maybe you should reconsider. Look for instance member "mades" ; he has been trading it for more than 10 years and the issues he has sound like someone who just downloaded meta trader. Some will never make it in this business, it is sad but true. Anyway good luck to you, hope you can discover your edge and if you don't then there is always sth else to make your bread and butter. There are hundreds of ways to bring home the bacon. Forex is not everything.
Is that all you do, spam?
  • #1,097,811
  • Mar 20, 2017 8:35am Mar 20, 2017 8:35am
Quoting Connors
{quote} Trading forex is not for everyone mate, maybe you should reconsider. Look for instance member "mades" ; he has been trading it for more than 10 years and the issues he has sound like someone who just downloaded meta trader. Some will never make it in this business, it is sad but true. Anyway good luck to you, hope you can discover your edge and if you don't then there is always sth else to make your bread and butter. There are hundreds of ways to bring home the bacon. Forex is not everything.
Man, you're a criminal, stop it! LOLOLOLMFAO
Member
  • #1,097,812
  • Mar 20, 2017 8:36am Mar 20, 2017 8:36am
Quoting tstivers
{quote} Is that all you do, spam?
Says the guy who has been crying on a forum since weekend!
I was serious, but never mind! Keep going..
  • #1,097,813
  • Mar 20, 2017 8:36am Mar 20, 2017 8:36am
how far could i take a £3.50 account with no SL? - 2 trades every hour, 2-5 pips, seems doable and realistic with no SL, maybe 100k?

here is where its at atm...
Attached Image
  • #1,097,814
  • Mar 20, 2017 8:39am Mar 20, 2017 8:39am
Quoting Don96
how far could i take a 3.50 account with no SL? - 2 trades every hour, 2-5 pips, seems doable and realistic with no SL, maybe 100k? here is where its at atm... {image}
Exactly what I needed to see now!
Asshole!!!
  • #1,097,815
  • Mar 20, 2017 8:40am Mar 20, 2017 8:40am
Quoting skillz16
I'd be waiting for 1.07450 to start acting as resistance before I'd go SHORT (among other things like waiting for my long-term indicator). I think the LONG (up side) is still technically "unbounded up" given the current formations - meaning EURUSD could scream higher and for the moment the downside for LONG is limited until 1.07370 is broken and 1.07450 starts to act as resistance. Usually don't want to bet against "unbounded up", but to each his own. =D

Seems like this above still holds at the moment. My guess is that it goes UP in the near term from where it is at right now and is still LONG from here. But I'm looking for 1.07370 to break. Looks like 1.07410 might be stronger LONG support right now at the moment...
  • #1,097,816
  • Mar 20, 2017 8:44am Mar 20, 2017 8:44am
today
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #1,097,817
  • Mar 20, 2017 8:45am Mar 20, 2017 8:45am
Quoting Connors
{quote} Says the guy who has been crying on a forum since weekend! I was serious, but never mind! Keep going..
If I were to give up at the first sign of struggle, or the first suggestion that it "wasn't for me," then you would be correct. It wouldn't be for me.

Thanks for your backhanded advice, but no thanks.
  • #1,097,818
  • Mar 20, 2017 8:55am Mar 20, 2017 8:55am
Quoting tstivers
{quote} It's looking like the same bullshit we saw last week. False TA indications, couple big moves due to news, and sideways movement the rest of the week. Fuck this nonsense.
Do not listen to Connors , listen to me !
Forex trading is a job like any other job .
How succcesful You will become depends on how dedicated You are willing to be .With enough hours of deep practice wil come the deep understanding ...and then inspiration !
Everything is in Your hands !
  • #1,097,819
  • Mar 20, 2017 9:00am Mar 20, 2017 9:00am
Stopped out on pound , 2.5 % down .
Cool start of the week , eh ?
  • #1,097,820
  • Mar 20, 2017 9:02am Mar 20, 2017 9:02am
Quoting fasttrade1
today
The 4th Doji hour!!! (ok, almost Doji) ...wasted day
Quoting yanitsa
Stopped out on pound , 2.5 % down . Cool start of the week , eh ?
we envy you ...you, you and your pound and your metals and other non-euro stuff ...
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