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- 21 Results (1 Threads, 20 Replies)
- richrockfx replied Aug 4, 2017
Closed my 16.50 Silver long here at 16.50 after waiting 10 days for this price action to get going. Made a grand total of +0%. Stalled a couple of days ago and dipping now just after Non Farms Payroll, jumping out incase we have an avalanche. Still ...
- richrockfx replied Jul 24, 2017
Clipped out @ breakeven @ 16.42. Long 16.50, stop 15.58, possible target +18.48/54, 2%, going back to longer term trade. Levels on Chart.
- richrockfx replied Jul 21, 2017
Previous Silver Short @16.17 stopped out, -1%. Gone long at 16.42, Stop 16.38, Stop to breakeven if 16.47 reached, 0.5% Current price at time of posting:16.45
- richrockfx replied Jul 21, 2017
Silver SL triggered @ 16.47, -1%.
- richrockfx replied Jul 17, 2017
I discussed a possible Silver Short set up in a previous post here, but looking at price action, I have decided entered here at 16.17, just shy of the original price. I am changing the original stop level and going for a mid term trade, new stop is ...
- richrockfx replied Jul 15, 2017
The last week's trades: Uneventful week for my trades, apart from my EUR/USD being stopped out at -1% in the chop at upper trendline. Not looking for a re-entry here, I don't revenge trade. Will stand aside on the Euro for now. The Gold short is ...
- richrockfx replied Jul 14, 2017
EUR/USD Stopped out for -1%. XAU/USD in the green at moment. Looking for a GBP/USD Short soon around 1.32-33 levels, will post update when nearer price, currently @ 1.3075 Pending XAG/USD Short, 2% @ 16.20:
- richrockfx replied Jul 10, 2017
I have 2 trades currently open from before I started this thread. 1st is a EUR/USD trade from 02-07-17, but seeing as price is still only 10 pips from my entry and now at 1.1398 (Entry 1.1408) it doesn't make much difference if I include it here. ...
- Profitability in Simplicity by RichardRockFX
I have been trading since 2006. I trade the Forex majors, Gold and Silver. My only tools are price ...
- richrockfx replied Jul 10, 2017
EUR/USD, GBP/USD, EUR/JPY, XAU/USD are my favourites. GBP/USD is a bit volatile ATM due to Brexit, so caution there.
- richrockfx replied Jul 10, 2017
No, you can't get rich quickly, but you can slowly for less risk. Trading with a 2% risk with a Risk/Reward of 3:1 compounded will build your account steadily. Some people have got rich quickly, but the majority of those who tried it got poor ...
- richrockfx replied Jul 10, 2017
You are misguided. TA does work. My trades are all TA, trendlines and fibs, and like the poster above I do not use indicators. I am profitable using TA and PA.
- richrockfx replied Jul 10, 2017
This ^^^
- richrockfx replied Jul 10, 2017
I'm thinking a bit of chop today around this 1200-1210 level with not much to show.
- richrockfx replied Jul 10, 2017
Oanda is fine if not scalping. I'm a swing/long term trader these days and haven't had any probs. I use Dukascopy ECN too.
- richrockfx replied Jul 10, 2017
Yes, the NFA's got your back
- richrockfx replied Jul 9, 2017
Risk should be 1% to 2% max per trade. Risk/Reward should be min 1:3 Max exposure across all open trades at any one time should be 4% Your win ratio of 85% is unlikely long term, but even with a 60% win ratio with above risk profile should put you ...
- richrockfx replied Jul 9, 2017
Best ECN: Dukascopy Best bucket shop: Oanda How do I know? Over 10 years trading, Good luck
- richrockfx replied Jul 9, 2017
I would be looking for a Short entry around 1.32-1.34 for a target of 1.18