Disliked{quote} unfortunately, i had to extend the stop i think it went nearly 10 pips DDIgnored
gonna let the thread drift away into the ether now, hopefully some people got some value from seeing a different way of trading.
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Disliked{quote} unfortunately, i had to extend the stop i think it went nearly 10 pips DDIgnored
Disliked{quote} I am wondering if EU might be a better short than GU today given the indecisiveness of GU!Ignored
Disliked{quote} TBH the lower volatility on Euro is always a let down Usually GU has moved a much larger distance while EU is still on the starting block I rarely trade it for that reason. GU has the perfect volatility for meIgnored
Disliked{quote} Are there periods when gu volatility is too much to handle? Do you have a method(s) to identify these periods (preferably in advance) and how to handle them? If yes, how do you handle it: reducing lot size, increasing sl, moving to another cross, etc?Ignored
Disliked{quote} It's always fine for me. I took the advice of ICT and just specialize in one or two pairs. GU gives me all I need. I don't get any advantage from trading multiple pairs. Instead I know GU in detail. I'm purely intraday and can devote my day to trading (although in reality its maybe 3 hours a day). Swing traders will generally have to trade multiple pairs.Ignored
Disliked{quote} It's always fine for me. I took the advice of ICT and just specialize in one or two pairs. GU gives me all I need. I don't get any advantage from trading multiple pairs. Instead I know GU in detail.Ignored
Disliked{quote} Hey mysterio, 1.) May I ask what your monthly profit goal is (in %) and how many valid trades do you take based on the criteria of your setup for this 21 days period. I guess you won't have a trade every day? 2.) How do you deal with potential news events that might affect GBP/USD and show up for the period of your setup. I see very often news for GBP or USD currencies just at the beginning of the London session. Do you leave them out or do you ignore them completely and just strictly trade your setup what comes up? best regards / trade...Ignored
Disliked{quote} Today's range is 50 pips and if you can trade this so it is worthwile to you that means that when pa jumps back-and-forth several hundred pips which is not at all unusual with gu then you'd blow accounts left and right had you not altered your trading. So there is something you do to protect yourself against that. I guess I'm curious what you'll do to handle volatility around FOMC and BOE rate decisions...Ignored
DislikedI should note I'm a relative newbie trader, around 2.75 years full time, I can hold my own now though after a frankly long and painful journeyIgnored
DislikedMysterio thank you for starting this forum. Got an academic market question. Do derivatives effect market prices in any way ? Derivatives seem to be on the periphery of the real market but given the huge volume they hold leads me to conjecture they hold weight. This might be incorrect though.Ignored