forex trading is so hard...

This is a discussion on forex trading is so hard... within the General Trading Chat forums, part of the Reception category; Originally Posted by piphoe Has my thread become a suppository for every new t2w member to get his obligatory post ...

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Old May 21, 2018, 5:33pm   #2791
 
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Has my thread become a suppository for every new t2w member to get his obligatory post count and get off probation
Don't be so cynical, they're just trying to help you out man...
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Old May 21, 2018, 5:35pm   #2792
 
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Don't be so cynical, they're just trying to help you out man...
been lots of guys with 3 posts trying to help me lately appreciate it
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Old May 21, 2018, 5:43pm   #2793
 
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This my take on the EU; Nice channel established, Sell at the top line...
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Old May 21, 2018, 5:51pm   #2794
 
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This my take on the EU; Nice channel established, Sell at the top line...
ok. where is the stop loss? and should i reverse after the stop or wait for what...another channel?
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Old May 21, 2018, 5:53pm   #2795
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No worries, won't touch your thread again.

All the best

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Old May 21, 2018, 5:54pm   #2796
 
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No worries, won't touch your thread again.

All the best

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sorry if i offended you, i was agreeing with you

the trend is your friend... i agree! best trades are with the trend. now what IS the trend??

the bigger the TF the bigger the SL. small traders don't have that advantage.
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Old May 21, 2018, 5:59pm   #2797
 
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ok. where is the stop loss? and should i reverse after the stop or wait for what...another channel?
If it stops out, watch and wait until something else develops
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Old May 21, 2018, 6:07pm   #2798
 
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If it stops out, watch and wait until something else develops
ok. fair enough. i've drawn TLs, lots of them. I've see lots of them "pierced" too,only to see the trend resumed, like nothing happened.

my question is, how much of a "pierce" is worthy of a SL?
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Old May 21, 2018, 6:17pm   #2799
 
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ok. fair enough. i've drawn TLs, lots of them. I've see lots of them "pierced" too,only to see the trend resumed, like nothing happened.

my question is, how much of a "pierce" is worthy of a SL?
SL is a function of the width of the channel and is based on a favourable R:R
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Old May 21, 2018, 6:21pm   #2800
 
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SL is a function of the width of the channel and is based on a favourable R:R
width of channel determining the stop, i never thought of that.
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Old May 21, 2018, 8:59pm   #2801
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Come on man close the thread, its' a waste of time
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Thanks! The following members like this post: Oscar Reed
Old May 24, 2018, 12:41pm   #2802
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You can draw many lines on your chart, based on the nature of markets some of those lines will work, this can give you confirmation bias.
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