wackypete2
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liquidity is very poor due to holidays. Japan today, US thursday. Low volume = choppy markets. setups are less reliable.
Peter
Peter
wackypete2
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stopped -10
Lord Flasheart
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Hi Rat
Welcome to the thread and good luck. It looks like you are very knowledgable.
Generally we like trades posted as they are taken with a stop in place.
Im sure the others will tell you about themselves
Ive been trading for a long time,only profitable for last 18 months.
Am currently working on a method to take the stress and my opinions away from me.I have been posting live a long time and continue to do so soon. Most on here are pretty much full time
If knowledge = wealth then I know very little, however been doing it for ages and now full time with a mate who's been doing it over 20 years aswell.
Trade 4-5 times a day...look for min 20 but generally 30-40 points/ trade....try to be flexible with stops as so long as you know your limits in your head you can mange them......BUT I do tell everyone you must have stops....trading $10/ point biggest loss $1900...so don't mind a bit of pain and can admit defeat. Generally 20-30 pts..had my stop for long cable under 15890....may have bought a bit more ther..may not. Have to see how where what is happening at any time and what your trading....OIL or Gold....never run Yen Chf ok...Euro cable bit of caution.
Can't read todays market for toffee!
Trade 4-5 times a day...look for min 20 but generally 30-40 points/ trade....try to be flexible with stops as so long as you know your limits in your head you can mange them......BUT I do tell everyone you must have stops....trading $10/ point biggest loss $1900...so don't mind a bit of pain and can admit defeat. Generally 20-30 pts..had my stop for long cable under 15890....may have bought a bit more ther..may not. Have to see how where what is happening at any time and what your trading....OIL or Gold....never run Yen Chf ok...Euro cable bit of caution.
Can't read todays market for toffee!
Vaco
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out here at 1.5875 for +14
...and the survey said?...we're at 28th Sept demand now but DOW beginning to punch down through 11000.
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trendie
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good stuff, Vaco.
are you taking overnight trades?
to put into context, where would you have your stop-loss?
you managed to ride out the chop, so having a broader perspective clearly saved you a bad day.
and this broader viewpoint gives you the chance for multiple pairs to trade.
are you taking overnight trades?
to put into context, where would you have your stop-loss?
you managed to ride out the chop, so having a broader perspective clearly saved you a bad day.
and this broader viewpoint gives you the chance for multiple pairs to trade.
Vaco
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yes taking overnight trades, stop is starting as a hard 50 with a view to trail on the 4h moving to just above the previous bars high/low.
B
Black Swan
Nice work fella, piece of pi55 this swing trading eh? 😉 You're off now...no holding you back. Soon you'll be looking at being 50 pips offside as 'noise' and bagging 30 pips as a waste of time 🙂
B
Black Swan
Biggest issue with the multi trades is the risk, in as much as you can often have 4/5 pairs signal to enter at the same time which could be 4-10% risk (1-2% per pair)...I'm so used to it now I don't blink but it may be a bit much for folk if starting out swinging. The days when you're 700/1000 pips offside (for a while) are 'challenging'..🙂
Lord Flasheart
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good stuff,what this thread is missing is a live call swinger
B
