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  • #1,105,741
  • Apr 24, 2017 11:52am Apr 24, 2017 11:52am
Quoting thatforexguy
{quote} Reason for short 1.)bear wedge 2.)gap 3.)Italian bank holiday(minimal I know) 4.) Frexit fears if lepen creeps up 5.) France an ISIS magnet At the end of the day aren't we all just here to see what we want to see in the comments section after we enter a trade while waiting for a breakout hopefully in our favour.. xD
LePen will never win , current polls are about 62& Macron vs 38% LePen , but even with just 51% Macron will win , so IMO LePen doesn't stand a chance

as for trades sure we should all be looking for favorable trades according to our judgement, and stop out the ones that do not work (easier said than done)
  • #1,105,742
  • Apr 24, 2017 11:52am Apr 24, 2017 11:52am
Quoting 01102015
{quote} I just realized that the OHLC data is different in MT4 and the fxTrade platform. Any idea why - I am confused at this data discrepancy in different platforms offered by the same broker.
Change the timezone of the new day from 1700 nyc
"Diversification is an excuse for a lack of talent" ~FXC
  • #1,105,743
  • Apr 24, 2017 11:57am Apr 24, 2017 11:57am
Quoting healer23
{quote} Patience friend patience go be busy with some other thing till tomorrow put your stop points and go relax
there it goes , it's coming down my friend
  • #1,105,744
  • Apr 24, 2017 11:58am Apr 24, 2017 11:58am
Quoting Nightingales
{quote} The key is trade small. Don't over trade. Risk only 0.5% of your equity
I risk 20%to 95% of my equity. I think that's the worst retail mindset ever. .5% to 2% lol you'll never make money. You retailers seriously don't know what it really takes. All that you've learned from these gurus and trading mentors, webinars from your brokers are all bs. And everyone adds the same cliché bs. Don't over trade this trade your plan that, the trend is your friend blah lol. So sick of hearing the same rehashed garbage that doesn't work.

All you need to know is where the money is, who moves it and when.

But hey to each his own trading style.

Cheers m8
"Diversification is an excuse for a lack of talent" ~FXC
  • #1,105,745
  • Apr 24, 2017 12:00pm Apr 24, 2017 12:00pm
Quoting FXCapitalist
{quote} Key point of that statement is *might*, no word yet
Lol gl buddy
  • #1,105,746
  • Apr 24, 2017 12:00pm Apr 24, 2017 12:00pm
Quoting 01102015
{quote} I just realized that the OHLC data is different in MT4 and the fxTrade platform. Any idea why - I am confused at this data discrepancy in different platforms offered by the same broker.
Ask your broker about it
  • #1,105,747
  • Apr 24, 2017 12:03pm Apr 24, 2017 12:03pm
Quoting FXCapitalist
{quote} I risk 20%to 95% of my equity. I think that's the worst retail mindset ever. .5% to 2% lol you'll never make money. You retailers seriously don't know what it really takes. All that you've learned from these gurus and trading mentors, webinars from your brokers are all bs. And everyone adds the same clich bs. Don't over trade this trade your plan that, the trend is your friend blah lol. So sick of hearing the same rehashed garbage that doesn't work. All you need to know is where the money is, who moves it and when. But hey to each his own...
He's a beginner
  • #1,105,748
  • Apr 24, 2017 12:03pm Apr 24, 2017 12:03pm
If you draw a bullish tl (best line) from todays lowest candles body (asia session), we've been under it for more than half of the last hour. I'm expecting a new low for u.s session, than i will hope for a new low from what europe london gave us, finally lower than asia session (about .082). Last one is tricky since its also about 50% retracement of dec.16 to march 1st downward fibo. If this breaks, gap could be over until tomorrow. If one of those points holds (especially 50% fib) i would close my short and wait for whats next.

At least thats how i try to convince myself towards my short bias. Holding a short from .0842 to tp around .072 so i need something to tell to myself to cool me down.
  • #1,105,749
  • Apr 24, 2017 12:07pm Apr 24, 2017 12:07pm
Quoting FXCapitalist
{quote} I risk 20%to 95% of my equity. I think that's the worst retail mindset ever. .5% to 2% lol you'll never make money. You retailers seriously don't know what it really takes. All that you've learned from these gurus and trading mentors, webinars from your brokers are all bs. And everyone adds the same clich bs. Don't over trade this trade your plan that, the trend is your friend blah lol. So sick of hearing the same rehashed garbage that doesn't work. All you need to know is where the money is, who moves it and when. But hey to each his own...
hey FXC , with that kind of position size you are using , can i ask you what kind of stop size (in Pips) do you use ? 10-15 pip stop max ?
  • #1,105,750
  • Apr 24, 2017 12:13pm Apr 24, 2017 12:13pm
Quoting Nightingales
{quote} He's a beginner

I risk 20%to 95% of my equity - looks they trade on full margin

maybe they need Money management education

Look there some users offer magic systems and education: Example - https://www.forexfactory.com/showthread.php?t=658377 our https://www.forexfactory.com/showthread.php?t=605011 our https://www.forexfactory.com/showthread.php?t=658365
email me : pipspro88@gmail
  • #1,105,751
  • Apr 24, 2017 12:17pm Apr 24, 2017 12:17pm
Quoting zefx
{quote} I risk 20%to 95% of my equity - looks they trade on full margin maybe they need Money management education Look there some users offer magic systems and education: Example - https://www.forexfactory.com/showthread.php?t=658377 our https://www.forexfactory.com/showthread.php?t=605011 our https://www.forexfactory.com/showthread.php?t=658365
I wonder how to set SL, in pips, with 95% risk?
  • #1,105,752
  • Apr 24, 2017 12:18pm Apr 24, 2017 12:18pm
Quoting MXT
{quote} LePen will never win , current polls are about 62& Macron vs 38% LePen , but even with just 51% Macron will win , so IMO LePen doesn't stand a chance as for trades sure we should all be looking for favorable trades according to our judgement, and stop out the ones that do not work (easier said than done)
Never say never! Look what happened to Trump vs Hilary. Big upset. Many people thought Hilary was guarantee win.. however it wasn't the case.
  • #1,105,753
  • Apr 24, 2017 12:22pm Apr 24, 2017 12:22pm
Quoting Nightingales
{quote} He's a beginner
Yea that comment is 10 years past due.
"Diversification is an excuse for a lack of talent" ~FXC
  • #1,105,754
  • Apr 24, 2017 12:24pm Apr 24, 2017 12:24pm
Quoting MXT
{quote} hey FXC , with that kind of position size you are using , can i ask you what kind of stop size (in Pips) do you use ? 10-15 pip stop max ?
Between 50 to 100 then adjust after entry after stops have been run out.
"Diversification is an excuse for a lack of talent" ~FXC
  • #1,105,755
  • Apr 24, 2017 12:26pm Apr 24, 2017 12:26pm
Quoting wukatrades
{quote} Never say never! Look what happened to Trump vs Hilary. Big upset. Many people thought Hilary was guarantee win.. however it wasn't the case.
i hear ya , but Trump is Trump and LePen is LePen and we're in Europe not in the US
  • #1,105,756
  • Apr 24, 2017 12:31pm Apr 24, 2017 12:31pm
Here's a quick lesson.


Small trade size = wait too long for gratification = chicken
Right trade size = Conviction in your strategy = less time to realize your gains and cut your losses.

I'd rather trade large and make more in a short period of time exploiting my edge versus waiting and holding for and edge that only relies on hope.

Time is the most valuable asset and is something you never get a refund of. Time return over anything else.

~FXC
"Diversification is an excuse for a lack of talent" ~FXC
  • #1,105,757
  • Apr 24, 2017 12:38pm Apr 24, 2017 12:38pm
Quoting FXCapitalist
{quote} I risk 20%to 95% of my equity.
Quoting FXCapitalist
{quote} Between 50 to 100 then adjust after entry after stops have been run out.
gotcha , but don't you think 95% of your equity with a 100 pip stop is a huge drawdown ?
  • #1,105,758
  • Apr 24, 2017 12:49pm Apr 24, 2017 12:49pm
I am not sure what are you saying here:
Quoting Angelina
... Sounds like you like what they say, they add you as friend list, otherwise, they ignored you, hihihi.....
Does it really look like I like what they say/do? I have just one buddy...At least one person/week add me to ignore list.

Yes, there is red diamond who ....subscribe to trader-dale , then unsubscribe, asking some traders for trading signal, never posted chart...asking others for TE and he doesn't have it either....

Don't be red diamond like that....take care.
  • #1,105,759
  • Apr 24, 2017 12:50pm Apr 24, 2017 12:50pm
Quoting MXT
{quote} {quote} gotcha , but don't you think 95% of your equity with a 100 pip stop is a huge drawdown ?
Nope that's why I do it. And I don't set and forget I watch that position and actively manage it. 95% all in with a 100% stop I have to see a massive spike and reversal to pull something like that, usually I'm not all in maybe 20-40% at first then add, for Euro I never do 100 pip stops, that's reserved for cable usually. I never let those stops get hit either unless the position is in profit, it's just a worst case scenario form of insurance.
"Diversification is an excuse for a lack of talent" ~FXC
  • #1,105,760
  • Apr 24, 2017 1:00pm Apr 24, 2017 1:00pm
Here comes an end of day sweep.

I might be wrong?

Credit Suisse level are not as credible as Citi's
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"Diversification is an excuse for a lack of talent" ~FXC
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