Uncles are always so creepy!

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July 4th 1776 I will now receive my reward spanks.

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Its not going to break crazy either way until next week. Maybe a GDP report spike.

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Yeah Blown stops always with me too. Then reversal. So I did start placing lower stop (only when trading with a trend), but that makes me hold in draw down. Its a difficult balancing act.

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I have faith in my trades and ALWAYS use a stop loss, at 20% Max of my account, this is the most I would EVER consider rebuilding from a loss that large IEmargin call. Before I place this maximum stop I make sure it fits with about the level of my ...

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I took this long, I agree with the call. But you do mean 1.086 right? hehe meaning buy now to 1.096TP finally euro give some pips! When the 4H crosses it should start to move up, maybe a few hours.

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I have been taking profit early, then placing smaller order so at least you usually get a little more of a trickle.

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Happy for the bears with the last down leg.

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Or you could reverse trade him and take profit on his drawdown.

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Sorry to hear that.

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Yes hehe, I agree with you here.

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I'm seeing some one hour power up. probably a small bull. But the session is over, just usa is open. Asia never does anything overall. Sydney pretty small influence, so I don't expect much until thursday night.

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Honestly sissie is usually right so I read the posts and pull out the pairs and numbers stated, draw the lines on my graph and analyze. I don't read the jargon.

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Yes considering account size, any one person can scalp with small size lots, large lots or all in risk scalps with break even stops, which made a bit of money post FOMC! So margin call depends on account size / lot size.

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No one fully understands except sissie

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But more profit is more profit. Really if he exited a long time ago, he could have gotten some gains on other pairs and entered short NOW. Some people consider this a mistake, and some swing traders who hold draw down and then just profit on longer ...

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1-2 weeks frozen account equity with a possible large loss in the end , when profit could have been made on other pairs is the mistake. Now does that matter because he trades many other things besides FX, maybe. Also its not a huge deal, his account ...

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Yep his words ring true to me.

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as swing trader, I would take -100 pip draw down EXCEPT on a USD based currency pair....that is the main risk, its the USD! It is manipulated hard, the global oil currency and too volitile when starting a consolidation or breaking a line.

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