- Search Energy EXCH
- 102 Results (1 Thread , 101 Replies )
- ptyforex replied Mar 31, 2015
The goal is to be accurate, but there are times in which your bias (pulling stop loss) leads to high drawdown. Consistency is a work in progress in my case, but there are my trade explorers which at least proves that I am a real trader and with ...
- ptyforex replied Mar 31, 2015
The reality is a swing trader may be ok with a 250 pip loss being 10% of his account P/L. While a scalper may be ok with risking .2% of his account per PIP. In which if 10% draw down is a stop for him, he knows that he has 50 pip over all loss ...
- ptyforex replied Mar 31, 2015
The reality is "Yes". The higher the TF, the higher the "Pip-drawdown" will be. Yet essentially, my target is based on accuracy instead of the accumulation of pips.
- ptyforex replied Mar 31, 2015
All my entries are based on pivots, and my stop losses are based on fibs calculated once a pivot is touched. Using money management I pretty much use 4 different lot sizes to reach my % target daily. Simply buying at a pivot once the price drops ...
- ptyforex replied Mar 31, 2015
Do you feel better now? Maybe after that, you can focus on getting an accurate entry, which will increase your over all profit.
- ptyforex replied Mar 31, 2015
You buying near the s2 seems good at this point. Especially considering that the market moves from pivot to pivot, one can have an excellent scalp.
- ptyforex replied Mar 31, 2015
You must certainly wasn't claiming that when you were in red over 250 pips on EU.. Lack of confidence in the EU short is the reason why you didn't re-load on the less position huh? Well all in all it is only a demo account doesn't count for ...
- ptyforex replied Mar 31, 2015
EU has now dropped to the SUPPORT 1... 1.07942.... I would buy here.. Sl is a close under 1.0780 on the 5m chart.
- ptyforex replied Mar 30, 2015
fxtryant is back... That means EUR/USD will now go up. BUY BUY BUY!
- ptyforex replied Mar 30, 2015
The green line is the price in which EU should be bought once the bid closes across it.... That price is valid UNLESS the S1 pivot is touched.
- ptyforex replied Mar 30, 2015
The green line is the price in which EU should be bought once the bid closes across it.... That price is valid UNLESS the S1 pivot is touched. image
- ptyforex replied Mar 30, 2015
After all has been said and done.... EU has traded between one pivot the entire day (main pivot) and has yet to touch the S1...
- ptyforex replied Mar 30, 2015
That is correct. Just because you have a SL doesn't mean it will be filled. Which of course is what the O.P. mentioned in his very first post.
- ptyforex replied Mar 30, 2015
The sick twist to your question is that " a black swan event" can happen at the start of any 1m candle. Simply risking anything less or anything more based on a "black swan event" is like living your life inside your house because of the ...
- ptyforex replied Mar 30, 2015
image Here the long resulted in a sl.. Yet for the .5% per pip position you took a loss of 3 pips. so 1.5% loss on that trade.
- ptyforex replied Mar 30, 2015
1.08397 is the sl on the 5m (if the price closes under it)
- ptyforex replied Mar 30, 2015
EU is right now wat 1.0840... I would buy now .5% per pip...
- ptyforex replied Mar 30, 2015
Anything is possible sam, but the reality is on days like Monday's it is best to scalp.
- ptyforex replied Mar 30, 2015
image Now you can see that the highlighted green candle has closed across the price (green line) which I gave in the last post. Now the low of the highlighted green candle is the sl (only if the bid closes under it 1.08369)