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coolshades replied Jun 15, 2010ok.. so long as you are comfortable with those stops and risk %. sorry if i sound patronizing or lecturing..
Trend Trading Chart Thread
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coolshades replied Jun 15, 2010the usdchf is a massive stop. i guess that stop = s/r line below the last swing low, cause the swing low was at 136 ish. can i ask what % risk goes into those stops.
Trend Trading Chart Thread
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coolshades replied Jun 15, 2010if you trade 1 lot, then pip value is 1 pip = 1$. you can work out everything backwards from that. 1-3% risk on a trade is moderate risk. if you want to trade with higher risk, its totally upto you but i can guarantee you will have tense times.
Trend Trading Chart Thread
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coolshades replied Jun 15, 2010if you have a 1k in your trading account and want to trade with a stop loss of 400 pips (sl = stop loss, sls = stop losses), then if i was you and i wanted to trade with say 2 % risk that means my stop loss VALUE should be = $20. so therefore if i ...
Trend Trading Chart Thread
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coolshades replied Jun 15, 2010ok.. might still stay out myself. what sls for both?
Trend Trading Chart Thread
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coolshades replied Jun 15, 2010those are pretty big stops. just make sure that 400 pips equates to 1-3% of your account, else you will have tense times.
Trend Trading Chart Thread
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coolshades replied Jun 15, 2010Bez, usdchf and audusd, what are these, long/short? and off which levels? wld appreciate a chart thks. i am not in any trade right now. waiting. my euraud got stopped out at 190 points but that was not enough to make up my usdcad losses. i missed ...
Trend Trading Chart Thread
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coolshades replied Jun 15, 2010yes, was going to point out 2150 to you.. what sl would you go for here? and what about AU at 8500, ? ps: feel free to ask me to shut up if i am posting too much or asking too much.
My path to financial freedom
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coolshades replied Jun 15, 2010audjpy short — lj, did you cancel this yest? its up 100 pips now.
My path to financial freedom
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coolshades replied Jun 14, 2010my dear friend i think a lot of us have been with fist in mouth today and late last week. my usdcad got stopped out, but that's ok since i was expecting it to be. my euro short at 2100 is still on. audusd at a retest at 8500 looks good to be for a ...
Trend Trading Chart Thread
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coolshades replied Jun 14, 2010tp = same as entry? on eurcad you are looking at longs or shorts?
My path to financial freedom
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coolshades replied Jun 14, 2010Ok your post # 2235 I thought you were short @ 2105
My path to financial freedom
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coolshades replied Jun 14, 2010question - there have been significant green bars pushing against the 8500 level.wouldnt you look at 86 for better entries? or is this because of the bearish recent h1 bar?
My path to financial freedom
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coolshades replied Jun 14, 2010euro and others — i am in on a sell on euro at 2100 with my sl at 2300 but have to say not very confident of this trade. if i get stopped out, next level to monitor will be 2500. i think if we get to 2800 then i would reckon we should start ...
Trend Trading Chart Thread
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coolshades replied Jun 13, 2010So what will you need to see to pull trigger on usdchf? There already a beovb isn't there. ?
My path to financial freedom
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coolshades replied Jun 13, 2010whilst its easy to cast green as the villain, there should have been more goals scored given that the US defence was so poor. anything looking good on your charts?
My path to financial freedom
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coolshades replied Jun 13, 2010usdchf 1.15 — commander, what do you think of ucdchf at this level?
Trend Trading Chart Thread
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coolshades replied Jun 11, 2010would love to see some charts and sls, and know more about your trading style.
Trend Trading Chart Thread
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coolshades replied Jun 11, 2010what kind of sls on cable and euro trades?
My path to financial freedom