Holding longs — I'm holding longs from 1.3038, SL 30 pips Also I have seen a broken long trend line + a bullish flag both in H4 + price testing 30% Fibo from last bull move My first target is: 1.31 IF the flag continues My second target is ...

EURUSD

Managing Risk — I do it like this: I have xxx USD, I split it in 2 portfolios: 1. X% of it, I fund my fx account 2. Y% of it, I invest it in another business I have (For example import-export of commodities) -I will aim for a year. -I check ...

setting realistic targets

I'm contiuing... — I'm continuing to trade, but will not update here as it makes me have unneeded stress. You could follow me at: url Best Regards, Mohammad -I started booking it from Nov. 2011 trading according to my system who is a trend ...

House of Thrill, Joy & Pain

Refreshed!!! — Last month showed me that the small time frames aren't my style. The side way moves that happen in small time frames makes a lot of noises & cleans the market players. SO I haven't changed my trading system BUT I have to ...

House of Thrill, Joy & Pain

Now, I'm in the other side of the trade as price proved that I was wrong: 2) Sell @ 13th in 04:00 candle |1.3615 SL 1.3688 TP 1.3445 Waiting... Update: Both trades hit SL as the market cleared both sides! I will wait for the next signal.

House of Thrill, Joy & Pain

Sep 2011 — Hello to all readers, We are in Mid-September and still I haven't taken any trades. Frankly speaking I missed my system sell opportunity @ 1.4364 so I waited patiently for the next setup. Now we have it: 1) Bought @ 13th closing of ...

House of Thrill, Joy & Pain

REAL RETAIL Traders — Nice thread started Mr. TradingPlace. Would like to join you IF I may. I trade monthly meaning that I trade for a target each month. when that is achieved, I'm done. This month result was = +105 pips I'm warming up for ...

Trader P/L 2011 (Walking The Walk)

Market Reaction — IF you remember I've told about how market reaction is not really predictable after you open your trades, I want to add this: Look, IF we accept that market reaction after opening a trade is NOT predictable then we are forced ...

House of Thrill, Joy & Pain

Newbie — Have it occurred to you? The market will do anything so that you dont obey your rules!!!

Trading Cartoons and Pics

Managing Risk — OK, the first month for this system was real quick. Now we are in the forth month of positive results + 1 month of real account. I'm thinking about this sentence: "Professional traders look for the risk side of a trade & ...

House of Thrill, Joy & Pain

Trades in August — * This the first month live of the system so I'm taking half-risk for lot size (Trying to gather some house money as shield) * 1) Bought @ 1st 12:00 | 1.4428, T/P 1.4528, S/L 1.4363 = -65 2) Sold @ 1st 12:00| 1.4363, T/P ...

House of Thrill, Joy & Pain

New Month — Well the new month is near ahead. I have opened my live account, deposited the initial money into it & waiting. Meanwhile: In going live I'm experiencing some thoughts going through my head about what will happen. I hope that the ...

House of Thrill, Joy & Pain

New Month — Well the new month is near ahead. I have opened my live account, deposited the initial money into it. In going live I'm experiencing some thoughts going through my head about what will happen. I hope that the first three months ...

House of Thrill, Joy & Pain

Trade Update — 2) Sold @ 5th 12:00 | 1.445, T/P 1.425, S/L 1.4510 = +200 (T/P hit) ================ Total = +100 My monthly goal has been achieved & I'm done. There will be no trading till next month. Meanwhile I will enjoy the results. To ...

House of Thrill, Joy & Pain

Trades taken in July 2011 — * I will update this post till the end of Month + All times are GMT* 1) Bought @ 3rd 20:00 | 1.455, T/P 1.465, S/L 1.445 = -100 (hit S/L) 2) Sold @ 5th 12:00 | 1.445, T/P 1.425, S/L 1.4483 = waiting

House of Thrill, Joy & Pain

Using the rules in work — Now back to trading, I have a full time job to do plus I have chosen H4 as my time frame so I will be checking the market each 4 hours and with a GSM Modem & laptop internet is everywhere I want. (This is how I manage ...

House of Thrill, Joy & Pain

Somethings to repeat each morning! — REMEMBER: Don’t make it personal; when you start trading, what ever happens you stick to the plan. REMEMBER: Your attention should be focused on the process of trading not single wins or losses. REMEMBER: ...

House of Thrill, Joy & Pain

Defining a trading system — Please note that I will trade ONLY based on a "Trading System". This means that: Pre-Known Setups: Before entering a trade my mind is clear about trade direction, entrance level, how much risk, When it is enough (as ...

House of Thrill, Joy & Pain