Recent content by Forexrazor_com

I am a trader threre

New trade Place a buy stop at 203.30 and a sell stop at 202.50

Trade 0060 update Place a stop at 202.70 to lock in break even

New Trade Place a buy stop at 202.20 and a sell stop at 201.20

Not at this time. I think it is something I am looking to do in the near future. We talked about MT4 I am not familiar with FX Engines is it API based?

Trade results Today’s trade was break even. I had 100 pips of profit but it didn’t hit my target. At 3:50am EST I signaled a sell at 200.20 and a buy at 201.40. Once I had half my channel in profit (60 pips) I moved my stop to break even. The market continued down to 199.20 and then reversed...

I watch the market for signs of a reversal. I use the management system above to cover me if I am wrong. I normally move my stop to break even after I am in profit half the channel. Example If I was using 120 pip channel like in the post above, once I see 60 pips in profit I would move my stop...

I have been using a pretty simple GBP/JPY system for 7 months. I thought I would share this information and hopefully get some feedback to make it even better. This system currently uses no indicators, it is simply based on the fact that the GBP/JPY has a big daily range 200-300 pips on almost...

I have been a full time trader for sometime now and I do believe one of the hardest hurdles to jump is consistently using good money management. So I thought I would take some time to give an overview on how I manage funds. I am hoping some other veteran traders will post their management rules...