You gotta love these stoopid newshounds .... as soon as I thought I'd have to pull an all nighter, they publish good negative stuff that does my hedging for me!!!

AUD/USD

For instance... if I'm having trouble sleeping I've got 2 options Go to the Dr for some pills. get in a drawdown, and stay up all night scalping my way out. the first costs me money and helps me sleep, the second costs me nothing (a profit even) and ...

AUD/USD

I find trading relaxing myself.

AUD/USD

It is a key support and resistance level on higher timeframe charts ... resistance sept 2011, support july 2008

AUD/USD

So let me get this right here... you are making trading decisions based on something told to you by "a trader"... 18 years ago? Oh my freakin farkin gawd!

AUD/USD

I'm sitting on a 2% drawdown, something I don't like, but obviously manageable. I'm beginning to wonder if the aussie may be bottoming out... with this talk of QE3 as well, doing the rounds, the aussie could be ready to head back up (barring further ...

AUD/USD

its ok, my mistake, Hookem posted a bloody aud/cad chart here

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strange looking aud/usd chart

AUD/USD

Longer timeframes... I have a thread, see my sig. Everything is explained there. I got off track Thur/fri last week and scalped over 400 pips out of the market in less than 24 hours to get myself outa trouble.

What Is "Proper" Risk/Money/Trade Management?

AUD/USD short trade activated

$2,000 to $2,000,000... no time limit

I know I can make it get there!!

AUD/USD

I have a 400:1 leverage account with a starting capital of $2,000 and if I place a 1 micro lot trade... it is $0.10 per pip. A stop of 50 pips represents a risk of losing $5.00 which is 0.25% of equity.

What Is "Proper" Risk/Money/Trade Management?

You can work on 5% trading profit per month if doing it stress free... so $100,000 grubstake would earn $5,000 a month, certainly not enough after tax. So you'd need to up the risk or up the grubstake. At $200,000 a monthly profit of $10,000 is ...

What is your grubstake?

But if you forgot to remember it...

AUD/USD

I put it up on Friday

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selllimit activated aud/usd at 9700 and another waiting at 9728 (the 78.6% fib)

$2,000 to $2,000,000... no time limit

I entered sell at 61.8%, have a sell limit at the 78.6%

AUD/USD

He sleeps with "it"

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I'm sitting on my hands

AUD/USD