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    • emda replied Jul 4, 2008

      The advantage of using small stops and big targets is that you lose a very small amount and a good trade can give you more than all the previous losses. The problem is that you will have a bad ratio of wins. And you can be a bit discouraged at the ...

      What do you prefer for trading?
    • emda replied Jul 4, 2008

      I agree to me.. still has to break the weekly pivot... but since it is friday and holidays.... I'm not sure.. and next session we will have another weekly pivot.

      EURUSD
    • emda replied Jul 4, 2008

      yes it all depends on news... the difficult thing is to know the direction for example... the nonfarm data was bad... ok.. but.. it was very good considering the situation.. so it is considered good... so... you never know how the news is ...

      EURUSD
    • emda replied Jul 4, 2008

      and you were telling me to let apart my emotions ? lol I think if you have free margin you could add more now to get those 8 pips more..

      EURUSD
    • emda replied Jul 4, 2008

      consider voting me for 1kt if you want your 8 pips... don't worry.. I think you will have your 200 pips today. because it is breaking down the weekly pivot... making it bearish...

      EURUSD
    • emda replied Jul 4, 2008

      I also was looking at the EURUSD divergence... but I didn't trade it... because 2 reasons.. I entered in the EJ... and because EU H4 rsi was below 50.... the 38.2 retracement with the divergence makes a perfect entry for some pips... but H4 rsi was ...

      Divergences - (All Pairs)