There is the good old stop run?

EURUSD only

Short from 1.16702. No SL, I use option. I only took half a position because a.) it is FRIDAY and b.) I'm wondering if it will pop up somehow. I actually usually do this because I try to hold my leverage in the realm of 10:1 to 15:1. I'm a tiny bit ...

EURUSD only

Nice. Yeah, we are in agreement. That is what I mean above. You summarized it well also. And that is why I'd favor some kind of option insurance or other type of insurance other than a SL. I also see what the OP means about using a 2000 SL and ...

3 steps to turn around your trading in no time

Ok, so correct me if I am wrong but STOP LOSS orders are held to be executed "on the market" - IE it executes on market price once the price you specify is hit. So in an illiquid market, having your stoploss closer and not taking into account the ...

3 steps to turn around your trading in no time

"Good prices" for me for SHORT right now are around right below 1.1700. I'd aim to short if it gets there. *I'd really have to think if it hits today - I wanted to wait for one more daily open below 1.1700. Basically, trying to avoid a "bear trap" ...

EURUSD only

Ah haha! That file name!

EURUSD only

News thoughts? All looks BULL USD to me, meaning EUR/USD down in general... I think I'm waiting on the next DAILY OPEN bar staying below 1.1700 and I'll then start to enter SHORTs as I find "good prices"

EURUSD only

US Data came in stronger than expected... Was long from 1.17028 and sold at 1.17322 just now. Think it could go down on the US data. The data was orange though so not sure but I made a good profit so should be happy.

EURUSD only

Anyone know what that jump was? This??: url Or this?: url

EURUSD only

It is not fundamental vs. technical, you need both! The fundamental provides the volatility or enough dislocation(s) from price, that you can actually make a profit. Your job is to know what a cheap (BUY) and dear (SELL) price is in general, then ...

Fundamental Trading Always beats Technical Trading 100%

Apologies in advance for going off-topic, but SLs frustrate me and I'm really starting to believe that most retailers fail by the combination of using one (instead of a TP) and by being too over-leveraged. I still say: with Stop losses others can ...

EURUSD only

Went long at 1.1703 a few min ago... Think that it could go down tomorrow again though so this is a partial position. Right now I'm looking for target of 1.1795 for the TP. Stop loss is a worst case option (binary contract). Since brokers and others ...

EURUSD only

Just took profits. ~4.5% gain. I bet it goes back to around 1.1800 just to mess with everyone... The trend is up technically on the longer scale, and I'm not wanting to watch and see all my value floating on the position evaporate... So ...

EURUSD only

I think it will turn down in next 4 hours. I'd not be surprised to see a stop run to the upside to get the people who went short post Draghi meeting, weekend, etc. this morning. Short at exactly this price, I'd not mind adding some higher on a stop ...

EURUSD only

Wait so triphop, when you went to one of his seminars, how many people were there? I'm wondering what the pull of him and those 4 other people he usually brings along for seminars is. I'm trying to ballpark it. the pull per seminar and work ...

Retail Brokers and "Trading Educators"

My favorite approach is whatever makes me money... Hehe, no I get what you are saying.

EURUSD only

New highs? Time for the "borkers" to run da stops prior to the weekend. Some things will never change right? My take: will be ripe for looking for a short on SUNDAY/MONDAY morning as long as it closes at or above here.

EURUSD only

Agreed. I do think you can pay to help equip yourself with the right tools and mindset though. So some of his program is good, the question is just at what cost? but yeah, I agree since I REALLY feel like becoming successful in this more than ...

Retail Brokers and "Trading Educators"

Yeah but don't you do this in your trading?: learn what is an "undervalued" (buy) price, learn what is an "overvalued" (sell) price - about, you will never nail it - it is an estimate range around the current price for each of these... Then use news ...

EURUSD only

Haha, actually had some experience (few weeks) with institutional traders shadowing. They actually are more about the fundamentals with smaller amount of tech mixed in (at least the prop part, whatever is left of that which is closest to what is ...

EURUSD only