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FXEmpire replied Sep 16, 2014short trade out for -1.. this had a good chance going to +2 but just couldn't break the DO just yet.. so give it try the next time.. after this ppi and nys open on the edge price is some what yo yo-ing.. as long as you play cold defense.. you can ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014Guys please ignore my last long trade as it was during ppi news where i completely forgot about and took action on it, when it dropped on me so fast i realized.. oopsssss... could have ruined the whole day.. luckily it came back to EL and i close it ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014don't want to sound negative Matt... but EA's simply for various reasons won't work.. I have spend thousand working with some very clever programers to build a EA for me so i did not have to work as much and in the end it did not work... besides of ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014Hi bachiano Couple of times on that area... once before the German news at 45.. and I gave it shot after the news at 46.. 2nd time I went with its recent close. zoom in on my charts and you should see it clearly..
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014+4.5 winner on the last long trade.. this one just required some patience.. I risked holding it for the NY open bcz it had not presented much of threat, nice little bounce earlier from DO, and was at the BE position at the open... grateful it went ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014sounds good Matt.. but here is a prefect example of demo vs real account.. We both traded the same level... what do i get vs you!!.. a different fill.. different result (me 4pips and you 5pips).. i got slipped 1pip... why?.. bcz it's real money, ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014short good for 4 pips.. this is a strong move where it slipped me pretty good at trigger time, about a pip.. I closed it as soon as i saw weakness.. since it has moved so much all in one shot, it could be due for a PB.. so bank now and get on later ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014sound like a good plan.. however matt, i suggest to practice this on a small live account.. like 300 bucks or something and go for micro lot. just a humble suggestion.
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014back from lunch... i see this upward move is continuing...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014bastard finally give it upward... it's fine you all can call me the P word now, lol I may have been a bit extra defensive on that one... i just did not like the duration of not much movement it was showing.. which is such cases it will burst one way ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014Took action on the same buy EL after news dust had settled... but it just did not move, with already indication of being stuck previous time so I close it for BE.. moving on..
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014watch the current action off the Geman news.. this is why you dont want to be involved to be triggered at the release or have on going trade... 10 minute prior to, I deleted the short pending and some time before that I closed my on going long ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014ic thanks for clarification... and a good valid question. the answer is: one trade out of time.. I wait for trade #1 to conclude before doing anything else. so on adding on or changing the tp or add to position.
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014long out at BE... here is a defensive play based on various reasons.. - Trigger is stuck at a recent high... i gave it a chance by firstly to take action, but with a tiny tolerance to make the move that I want quick and clean. - German z in within ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014No not a big modify... sometimes still got to go with low/high... it actually more safe..
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014sorry I don't clearly understand your question..
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014by looking at my chart and zooming in on it you should see where i exactly put them.. there is also the TE at your disposal to help out even further. about defensive... i thought i gave a good explanation about it on my last post.. but to add to ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 20142nd trade long good for +4.. It took a while and i was ready to even dump it on the resume, considering being right at the DO and making jittery moves.. but as you see the resume candle it was too strong and I held it and banked right at end of the ...
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 20141st short trade winner +5.. as you see price threw a gap and platform froze... so i just took the cash immediately..
Consequence Pilot Level Trading
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FXEmpire replied Sep 16, 2014Batavier.. I like it.. it's a great suggestion, it's bat-man like, lol .. done.. that's what we will do. The earlier to get to +5 is what I am all for and it will help out for better defensive play. .. however it may not be better to go with close ...
Consequence Pilot Level Trading