"Just Oil"
Member Since Jan 14, 2010
2299 posts
Jul 17, 2012 at 20:55
I think it might reverse but I am not doing nothing until I have signal. a lot of uncertainty. I get signal I will buy or sell. gbp/usd I have a signal to buy. nzd/jpy is very confusing. was signal to sell, not it is flat. I am staying in. risk is small.
btw, Steve, do you know this but trend follower should take all signals even when market sideways because sooner or later one of those signals turn into big trend and the longer consolidation the stronger the trend. whipsaw.
btw, Steve, do you know this but trend follower should take all signals even when market sideways because sooner or later one of those signals turn into big trend and the longer consolidation the stronger the trend. whipsaw.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jul 17, 2012 at 21:12
sure
if you check my daily EA BT report there are many conflict trades at the same time but at the end the winner are greater then the looser
if you check my daily EA BT report there are many conflict trades at the same time but at the end the winner are greater then the looser
Chikot posted:
I think it might reverse but I am not doing nothing until I have signal. a lot of uncertainty. I get signal I will buy or sell. gbp/usd I have a signal to buy. nzd/jpy is very confusing. was signal to sell, not it is flat. I am staying in. risk is small.
btw, Steve, do you know this but trend follower should take all signals even when market sideways because sooner or later one of those signals turn into big trend and the longer consolidation the stronger the trend. whipsaw.
Member Since Jan 14, 2010
2299 posts
Jul 17, 2012 at 21:23
yes, this is the most important. and I will not take partials early now.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jul 17, 2012 at 21:27
I had not make any comment about partials. just mentioned about my forecast.
Chikot posted:
yes, this is the most important. and I will not take partials early now.
Member Since Jan 14, 2010
2299 posts
Jul 17, 2012 at 21:35
I know I know, it is just my thoughts on trade management. But forecast? I think it might be everything. until after the fact nobody knows., no use to make predictions. it might go sideways which would be nice for my day trading and trend is also nice.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jul 17, 2012 at 21:43
again sure. I always try to not stick on forecast. anything can change in min. today the trade I Open got in loss of 80 pips in 15 min.
Mr Bernanke speech effect. now BE. will wait until 0800 AM gmt+3 and decide waht will do.
Mr Bernanke speech effect. now BE. will wait until 0800 AM gmt+3 and decide waht will do.
Member Since Jan 14, 2010
2299 posts
Jul 17, 2012 at 21:57
I was actually short just before him but got stopped at BE just before it dropped.
it just touched my stop and the dropped. But I could not afford not to move to BE before such speech.
generally speaking I tend to have winners much bigger than losers. was risking 10 pips on this one.
it just touched my stop and the dropped. But I could not afford not to move to BE before such speech.
generally speaking I tend to have winners much bigger than losers. was risking 10 pips on this one.
Attachments:
Member Since Jan 14, 2010
2299 posts
Jul 17, 2012 at 21:58
funny but all day trades this week are BE. no winners and no losers. 3 BE today.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jul 17, 2012 at 22:07
not loosing is a big part of winnig in FX.
I was just about to OCO trade. God knows. But decided to trade the system until I got some info if it will be a neutral winner or at least not a looser.
I was just about to OCO trade. God knows. But decided to trade the system until I got some info if it will be a neutral winner or at least not a looser.
Chikot posted:
funny but all day trades this week are BE. no winners and no losers. 3 BE today.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jul 17, 2012 at 22:10
see the red circle
there was a very little shoulder over my TL for 2 bars. I could take a 100 pips witht that short.
there was a very little shoulder over my TL for 2 bars. I could take a 100 pips witht that short.
Member Since Jan 14, 2010
2299 posts
Jul 17, 2012 at 22:13
that situation is a clear short for me. I prefer to enter at different places actually but been missing them this week. was getting up too late.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jul 17, 2012 at 22:17
same actios as 2011 1 Hr chart. if I am not wrong it will go long. lets wait and see
Member Since Jan 14, 2010
2299 posts
Jul 17, 2012 at 22:19
I think e/u has a good chance to go higher. next resistance is 1.2330 , then 1.2360 and 1.2400 and 1.2450. lots of strong places
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jul 17, 2012 at 22:20
if MT4 has DOM ( deep of market) and couds see the volumes traded then I could code a real momentum system.
Member Since Jan 14, 2010
2299 posts
Jul 17, 2012 at 22:20
I am thinking of shorting nzd/cad again. will be waiitng for more retracement. cause stop should be small.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jul 17, 2012 at 22:22
(edited Jul 17, 2012 at 22:27)
for me only EU.
EU is needle of compass
EU is needle of compass
Member Since Jan 14, 2010
2299 posts
Jul 17, 2012 at 22:23
you cannot have volumes traded on MT4 or any FX platform. cause there is no FX exchange like NYSE. volumes of course are important
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jul 17, 2012 at 22:27
at least the volumes of actual broker.
Chikot posted:
you cannot have volumes traded on MT4 or any FX platform. cause there is no FX exchange like NYSE. volumes of course are important
Member Since Jan 14, 2010
2299 posts
Jul 17, 2012 at 22:27
FX or stock broker?
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jul 17, 2012 at 22:28
FX
