That's why I said "If you know when to apply it". Every EA except for one specific type works in a trending environment but not a ranging environment.

5 years and still no strategy

It's gonna be a scary drop.

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Ouch. He's a few hundred pips in the negative since roughly 106 then... bummer. I'm amazed he hasn't blown up yet. At least he manages his risk on his entries.

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My guess is that he's long 1.0875 or something ridiculous, lol.

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You're giving him the wrong advice. What he needs to learn is not to get into bad trades unless he knows how to get himself out of them. "Accepting losses before it's too late" will just make him go broke quicker. What he needs to do (in this ...

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So, since we already presumed as such... you're telling us that RT is bringing in the dumb money and we have a selloff in the making? Sounds good.

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'Just noise' lol... the noise, sir, will make or break you. Unless you have several hundred years to live then you're going to want to learn how to listen to that noise. Otherwise, you're better off parking your money in a mutual fund.

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That reminds me that I have to replace my monocle. I'm starting to have difficulty seeing this volatility.

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But... 'clown' is a compliment. They make people laugh. We're Forex Traders... I don't think we're scared of much. Least of all clowns.

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Glad to hear you profited. I spent this entire time making up for the short I got stuck in at the close of Friday not realizing the damn election info would be out before the market opened(I realized it right after the close and got stuck with the ...

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Closing in on 8am GMT... primetime in a few seconds. This'll be bumpy.

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Told you that 30 pip TP was a bit optimistic, lol. Also, I have my Short order in at 108.62 because of the congestion. I intend to move it up if we swing up to 108.75 again.

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Looks to me like you were greedy and didn't respect the fear. :-)

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Haha, I don't think it'll go THAT far. But, really, does anyone care? The market is moving. That's all that matters.

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A majority of the population really didn't care to vote one way or the other. Both Trump and Clinton were bad apples and everyone knew it.

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Coincidentally, this is right about the time I'd be expecting some special luck to start showing up.

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Are you also seeing the market having taken a huge dive into risk-off mode over the last few weeks from Syria and North Korea... so it's gladly taking whatever it can get? You're evaluating things in a vacuum without realizing that everyone was ...

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To be honest... I had almost forgotten what volatility looked like. I'm in heaven right now.

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Doesn't look like they want it to go any higher.

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Yep, which means we still get another two weeks of it floating in the 107-110 range... barring any unforseen events. My bet's on it tapping the 108 mark over the next day or two. I'm just looking for a pullback to hop into a long position over the ...

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