Edit Your Comment
"Just Oil"
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 06:14
Membre depuis Jan 14, 2010
posts 2299
probably some kind of news. got up to see e/u trade closed at loss. and gbp/usd ema's crossed against my position so closed it too at loss. left short e/j and chf/usd running. so far. no new signal but watching gbp/usd for possible buy.
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 06:15
(édité Jun 29, 2012 at 06:15)
Membre depuis Jan 14, 2010
posts 2299
that's being well in profit on all trades. everything can happen...
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 06:43
(édité Jun 29, 2012 at 06:43)
Membre depuis Jan 14, 2010
posts 2299
if other 2 shorts ema's cross against me before stop loss reached I will close too.
Jun 29, 2012 at 11:26
Membre depuis Jan 02, 2012
posts 44
3 of my 4 trades were stopped out yesterday after the news of the EU-summit results...it's always more prudent to use stops when important economic news is due to come out. In this case i did good to put the stops closely to limit the loses
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 11:34
Membre depuis Jan 14, 2010
posts 2299
I also limited loss on e/u by moving stop after taking profit. i think of this as anti whipsaw technique. lost only 0.5% instead of 1%. I was not following news. but this kind of move happens only after some important news. let's see how things will turn.
I am looking few more pairs for entries. a couple for trend trades and 2 as speculative depending how things turn. but it will be seen only next week.
I am looking few more pairs for entries. a couple for trend trades and 2 as speculative depending how things turn. but it will be seen only next week.
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 11:36
Membre depuis Jan 14, 2010
posts 2299
if things go other direction and there will be signals I will go long. from what I see few big trends might make the whole profit. but I gotta leave more to run at the end. gbp/aud. excellent trade but too little left. aud/jpy will try to avoid same mistake.
eur/aud was short but closed when price was 50 pips away from stop loss. never was triggered and where the price is now. a lot of pips. few mistakes. must avoid them now.
eur/aud was short but closed when price was 50 pips away from stop loss. never was triggered and where the price is now. a lot of pips. few mistakes. must avoid them now.
forex_trader_79941
Membre depuis Jun 06, 2012
posts 1439
Jun 29, 2012 at 14:08
Membre depuis Jun 06, 2012
posts 1439
these weeks market is mad. yesterday I had several > 20 pips fast moves and reversals in secs. there are many market information, meetings regardless from pllanned news.
FAP TURBO is an asian scalper and trades when all markets closed. it is also having %30 DD these weeks. means market moving > 30 pips when all markets closed.
E/U is at a very ctritical level . this is the bottom of 'narrowing mountians'. if it break down then down to 1.1500
those are the desecions weeks.
take a look at the price at Euro session is Down at US session its Up. this is currency war. who will have the weak currencies and who will make export.
US says to EURO thats my turn. Euro says not now I need weaker Euro to bailout.
we will see who will win.
WWIII. this time no weapons. currencies.
Einstein said 'dont know with which weapons WWIII will be done, but I know WWIV will be done with sticks and stones'😀
FAP TURBO is an asian scalper and trades when all markets closed. it is also having %30 DD these weeks. means market moving > 30 pips when all markets closed.
E/U is at a very ctritical level . this is the bottom of 'narrowing mountians'. if it break down then down to 1.1500
those are the desecions weeks.
take a look at the price at Euro session is Down at US session its Up. this is currency war. who will have the weak currencies and who will make export.
US says to EURO thats my turn. Euro says not now I need weaker Euro to bailout.
we will see who will win.
WWIII. this time no weapons. currencies.
Einstein said 'dont know with which weapons WWIII will be done, but I know WWIV will be done with sticks and stones'😀
forex_trader_79941
Membre depuis Jun 06, 2012
posts 1439
Jun 29, 2012 at 14:16
(édité Jun 29, 2012 at 14:16)
Membre depuis Jun 06, 2012
posts 1439
on the top of those, I watch Bloomberg everyday.
many fund managers have different opininons. some are short on EU and some are long. hundred billions of Dollars.🙄
some will loose very bad.
many fund managers have different opininons. some are short on EU and some are long. hundred billions of Dollars.🙄
some will loose very bad.
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 17:45
Membre depuis Jan 14, 2010
posts 2299
all entries were good according to strategy outside of my second e/u short. should not have taken it.
however 2 trades running and break out might happen. I can get some nice % on them and I will be looking for new trades next week either demo or already live. there have been quite a few signals to look for long trades.
however 2 trades running and break out might happen. I can get some nice % on them and I will be looking for new trades next week either demo or already live. there have been quite a few signals to look for long trades.
forex_trader_79941
Membre depuis Jun 06, 2012
posts 1439
Jun 29, 2012 at 18:34
Membre depuis Jun 06, 2012
posts 1439
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 18:38
(édité Jun 29, 2012 at 18:39)
Membre depuis Jan 14, 2010
posts 2299
in simple words: sh*t happens' but trends do last. watch my 2 other trades. more to follow.
forex_trader_79941
Membre depuis Jun 06, 2012
posts 1439
Jun 29, 2012 at 18:58
Membre depuis Jun 06, 2012
posts 1439
I can call ( from point of market view ) same as usual. little fast little slow always do the same thing.
it gives then take it back, or it takes then give it back if you are still there.
same game, new players.
it gives then take it back, or it takes then give it back if you are still there.
same game, new players.
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 19:01
Membre depuis Jan 14, 2010
posts 2299
the most important is capital preservation to be there when next big move happens.
forex_trader_79941
Membre depuis Jun 06, 2012
posts 1439
Jun 29, 2012 at 19:01
Membre depuis Jun 06, 2012
posts 1439
oil up
S&P up
DJ Up
ND Up
they all up. happy to have cheaper USD.
S&P up
DJ Up
ND Up
they all up. happy to have cheaper USD.
forex_trader_79941
Membre depuis Jun 06, 2012
posts 1439
Jun 29, 2012 at 19:12
Membre depuis Jun 06, 2012
posts 1439
there may be use of some st. like below.
until achiving dail/weekly/monhly goal trader can close trades with 1/1 ratio. when goal achived running trades to high pips with trailing stop.
until achiving dail/weekly/monhly goal trader can close trades with 1/1 ratio. when goal achived running trades to high pips with trailing stop.
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 19:45
Membre depuis Jan 14, 2010
posts 2299
I have no goal. My goal is to get on the trend and ride it. need to improve trade management. to leave at least 30-40% after initial profit taking to ride for bigger profits.
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 20:03
Membre depuis Jan 14, 2010
posts 2299
Steve, to be profitable you gotta do same thing again and again. thing that has edge. if after some losses we change set ups and everything nothing gonna work. This was news event. sh*t happens, this is why we have stop loss.
forex_trader_79941
Membre depuis Jun 06, 2012
posts 1439
Jun 29, 2012 at 20:06
Membre depuis Jun 06, 2012
posts 1439
I am not saying about changing something. just thinking about MM. not for you. in general.
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 20:39
Membre depuis Jan 14, 2010
posts 2299
Regarding trade money management. I made few mistakes. like closing 2 trades completely before stop hit., especially eur/aud. big tarde and closed too much of trades leaving too little. will remember this.
Membre depuis Jan 14, 2010
posts 2299
Jun 29, 2012 at 21:17
Membre depuis Jan 14, 2010
posts 2299
note how aud/jpy was missing my stop by few pips 3 times and where it is now.
*Lutilisation commerciale et le spam ne seront pas tolérés et peuvent entraîner la fermeture du compte.
Conseil : Poster une image/une url YouTube sera automatiquement intégrée dans votre message!
Conseil : Tapez le signe @ pour compléter automatiquement un nom dutilisateur participant à cette discussion.