EUR/USD
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Sep 13, 2012 at 19:13
my expetise is on EU
personal comment
I would do CADJPY it has narrowing triangle and possible to move down to
I would not AUDJPY it is almost break up
no guarantee.
first time in my life I opened those charts. believe me.
Chikot what is your forecast?
walker.
personal comment
I would do CADJPY it has narrowing triangle and possible to move down to
I would not AUDJPY it is almost break up
no guarantee.
first time in my life I opened those charts. believe me.
Chikot what is your forecast?
walker.
Hailkay posted:
Im gonna close the store as would say someone ;-)
I have a question for you guys, do you think this is shortable ? Sometimes i had it before, and it either went short 60% of case. But 40% price has been pushed upper by far. I can't really determine a rule in order to go short or not, on thos patterns. Any thoughts ?
Well i cannot attach picture. Please one look at CADJPY or AUDJPY 1H
forex_trader_88782
Member Since Aug 22, 2012
42 posts
Sep 13, 2012 at 19:45
Lol Walker Europhile ? :) Store closed for me, thanks you guys.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Sep 13, 2012 at 19:52
not exectly.
EURUSD is the needle of the compass.
all other pairs are the derivitives of EU.
walker.
EURUSD is the needle of the compass.
all other pairs are the derivitives of EU.
walker.
Hailkay posted:
Lol Walker Europhile ? :) Store closed for me, thanks you guys.
forex_trader_73420
Member Since Apr 14, 2012
127 posts
Sep 13, 2012 at 20:03
A
Member Since Jan 14, 2010
2299 posts
Sep 13, 2012 at 20:07
lenjive posted:
ive pulled out longs for a total of 815+ pips today, after poor money management last month ive been more reserved with the bets laid down, but looking at a 20% increase on capital today,
put in a small 0.09 sell @ 1.295 target 1.2935 SL 1.310
edited my post so i can see the new posts (what you steve refered too earlier)
+815 pips? 😲
what then are you bitching about man ?😁
forex_trader_73420
Member Since Apr 14, 2012
127 posts
Sep 13, 2012 at 20:15
(edited Sep 13, 2012 at 20:15)
Chikot posted:lenjive posted:
ive pulled out longs for a total of 815+ pips today, after poor money management last month ive been more reserved with the bets laid down, but looking at a 20% increase on capital today,
put in a small 0.09 sell @ 1.295 target 1.2935 SL 1.310
edited my post so i can see the new posts (what you steve refered too earlier)
+815 pips? 😲
what then are you bitching about man ?😁
oh im not moaning!! no not at all!! :) quite the opposite, has been a GOOD day today :)
i trade multiple small bets, which means my broker makes quite alot of commission from me, but if market moves against me i do not loose so much so easy so the 815 pips are actually a market move of 160 pips or so if you understand??
:)
EDIT so no where near as good as your 500 pip single trade!!
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Sep 13, 2012 at 20:15
Guys & gals
When doing good, just be carefull. And always keep in mind
- Do never over trust
- there will be a loosing stake. Be prepared.
- always trade with sl
Good night
See you tomorrow
Walker.
When doing good, just be carefull. And always keep in mind
- Do never over trust
- there will be a loosing stake. Be prepared.
- always trade with sl
Good night
See you tomorrow
Walker.
forex_trader_73420
Member Since Apr 14, 2012
127 posts
Sep 13, 2012 at 20:18
ill speak to you in a hour mr Steve!! :) (if its like any other evenings!) hehe
thank you for the advice!!
Good Night!!
thank you for the advice!!
Good Night!!
Member Since Jan 14, 2010
2299 posts
Sep 13, 2012 at 20:20
I got it. You use some kind of bot... not the whole of the move 815 pips but a lot of small trades for few pips, right? the more volatility the more you pick pips.
lenjive posted:Chikot posted:lenjive posted:
ive pulled out longs for a total of 815+ pips today, after poor money management last month ive been more reserved with the bets laid down, but looking at a 20% increase on capital today,
put in a small 0.09 sell @ 1.295 target 1.2935 SL 1.310
edited my post so i can see the new posts (what you steve refered too earlier)
+815 pips? 😲
what then are you bitching about man ?😁
oh im not moaning!! no not at all!! :) quite the opposite, has been a GOOD day today :)
i trade multiple small bets, which means my broker makes quite alot of commission from me, but if market moves against me i do not loose so much so easy so the 815 pips are actually a market move of 160 pips or so if you understand??
:)
EDIT so no where near as good as your 500 pip single trade!!
forex_trader_73420
Member Since Apr 14, 2012
127 posts
Sep 13, 2012 at 20:28
no quite right
the 815 pips are from multiple manual trades today size 0.01 to 0.08,
reason for doing it this way, is ive been burnt twice recently by putting 0.4 bets down in one go, so now i split them up and put bets down whilst watching the market moves.
i do use an EA along side my manual trades, the ea currently is around 1500- pips, not good! looking for eur to sell now to get EA out of trouble, if market pushes above 1.3 i will hedge it further, all hedge bets where removed @1.3 temporarily
lucky as ive had a operation 3 weeks ago and are off work so have time to manually adjust multiple manual trades all day :)
the 815 pips are from multiple manual trades today size 0.01 to 0.08,
reason for doing it this way, is ive been burnt twice recently by putting 0.4 bets down in one go, so now i split them up and put bets down whilst watching the market moves.
i do use an EA along side my manual trades, the ea currently is around 1500- pips, not good! looking for eur to sell now to get EA out of trouble, if market pushes above 1.3 i will hedge it further, all hedge bets where removed @1.3 temporarily
lucky as ive had a operation 3 weeks ago and are off work so have time to manually adjust multiple manual trades all day :)
Member Since Jan 14, 2010
2299 posts
Sep 13, 2012 at 20:29
I have no idea how you can do it manually. Just beyond me.
forex_trader_73420
Member Since Apr 14, 2012
127 posts
Sep 13, 2012 at 20:33
today Ive manually done around 16 trades in the last 160 pip market moves, adding all the pips up comes to the 815+ pips
forex_trader_73420
Member Since Apr 14, 2012
127 posts
Sep 13, 2012 at 20:37
(edited Sep 13, 2012 at 20:39)
for example, the 3 sells there are
0.02 @1.985
0.03 @1.2994
0.05 @1.2999
totaling 0.09, now i used to put the whole 0.9 down in one, but if market went against i lose the full 0.9@SL
so i put in a small bet, and see if it goes the right way then keep adding to it in small increments,
does this explain it any better?
0.02 @1.985
0.03 @1.2994
0.05 @1.2999
totaling 0.09, now i used to put the whole 0.9 down in one, but if market went against i lose the full 0.9@SL
so i put in a small bet, and see if it goes the right way then keep adding to it in small increments,
does this explain it any better?
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Sep 13, 2012 at 21:20
(edited Sep 13, 2012 at 21:21)
I used this logic on one of my Ea which has good back test results for 13 years at daily & 1hr chart.
So I mean you do it correct way. You can find bt at strategies under my profile. Cant remember the name now.
how you determine your sl.
For each basket
Same for all which is the first executed order?
Or individual?
Walker.
So I mean you do it correct way. You can find bt at strategies under my profile. Cant remember the name now.
how you determine your sl.
For each basket
Same for all which is the first executed order?
Or individual?
Walker.
lenjive posted:
for example, the 3 sells there are
0.02 @1.985
0.03 @1.2994
0.05 @1.2999
totaling 0.09, now i used to put the whole 0.9 down in one, but if market went against i lose the full 0.9@SL
so i put in a small bet, and see if it goes the right way then keep adding to it in small increments,
does this explain it any better?
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Sep 13, 2012 at 21:26
Mom test. 9 x at strategies
forex_trader_73420
Member Since Apr 14, 2012
127 posts
Sep 13, 2012 at 21:31
a
sorry for the A posts its the only way to see other peoples new posts.....
sorry for the A posts its the only way to see other peoples new posts.....
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Sep 13, 2012 at 21:33
May be we can improve that ea with common sense to a better %DD
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Sep 13, 2012 at 21:34
(edited Sep 13, 2012 at 21:35)
Use dot.(.)
forex_trader_73420
Member Since Apr 14, 2012
127 posts
Sep 13, 2012 at 22:03
how you determine your sl.
>there is no one rule, stop loss is determined mostly on technical analysis of recent market moves paired with known support/resistance / fib lines + guesswork lol
Same for all which is the first executed order?
Or individual?
>they all start with an individual SL, for a 0.05 i try to keep it within a max of @30 pips, @ 0.02 ill push the SL to a max of 60 pips. bigger trades = tighter stop loss.
if the market moves +20 pips after the trade is placed, and market is in a trend, i will often move SL to break even instantly, when market is ranging i keep stop loss where initially placed,
if market moves further say another +30 pips, so +50 pips total i will align all SL to match each other say at +20 and adjust as i go.
TP i usually have two targets and split it between them.
for example the setup earlier looks like:
1st trade 0.05 @1.2999 [email protected] [email protected]
2nd trade 0.03 @1.2994 [email protected] [email protected]
final trade 0.02 @1.2985 [email protected] TP None
>there is no one rule, stop loss is determined mostly on technical analysis of recent market moves paired with known support/resistance / fib lines + guesswork lol
Same for all which is the first executed order?
Or individual?
>they all start with an individual SL, for a 0.05 i try to keep it within a max of @30 pips, @ 0.02 ill push the SL to a max of 60 pips. bigger trades = tighter stop loss.
if the market moves +20 pips after the trade is placed, and market is in a trend, i will often move SL to break even instantly, when market is ranging i keep stop loss where initially placed,
if market moves further say another +30 pips, so +50 pips total i will align all SL to match each other say at +20 and adjust as i go.
TP i usually have two targets and split it between them.
for example the setup earlier looks like:
1st trade 0.05 @1.2999 [email protected] [email protected]
2nd trade 0.03 @1.2994 [email protected] [email protected]
final trade 0.02 @1.2985 [email protected] TP None
