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Chicky replied Dec 23, 2014Spontaneous decisions are not very good. The account saw a draw down of 70%. I don't know what I did to recover from it but it is now positive about 15% to 18%. That means even 20:1 leverage is a killer, it can make or break you. Today, I found one ...
Chicky's Trading Journal
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Chicky replied Dec 23, 2014The one call that I am afraid to make is usd/jpy going to 120.20. It's a 50:50 chance.
EURUSD
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Chicky replied Dec 23, 2014You see! I told you it would go to 1.2180 or maybe 1.2181 and it did. It is another thing that when I made this call it was 7 pips away from 1.2180

EURUSD
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Chicky replied Dec 23, 2014Hi Smart and Learned (Few) People! 99% of the people here have no clue what this technical shit is all about. I am the last 1%, also have no clue plus my French is very weak, only survival skills like Beef, Chicken, Fish. Bread, Water, Lunch, ...
EURUSD
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Chicky replied Dec 23, 2014Almost every Holidays Season, this pair keeps on moving in a narrow channel. In the past 7 or 8 years, I saw exceptions only twice.
EURUSD
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Chicky replied Dec 23, 2014You never know. Getting even 5 pips from this market requires some skill and a lot of risk. The way it is moving now, even 10, 20 pips seem bigger moves.
EURUSD
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Chicky replied Dec 23, 2014Where should I send my money? Do you happen to have any leftover gel by any chance?
EURUSD
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Chicky replied Dec 22, 2014I have almost the same level 1.2036, the right place to look for a long set-up. I am not saying it cannot go below 1.2036, just that risking few bucks may bring good return.
EURUSD
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Chicky replied Dec 22, 2014Half is a calculation many use. However, you can set position sizes in 3 to 5 or even more parts if you like. People say trend is a friend. It is not the trend that is your friend but it is the length of the move in a trend that is your friend. To ...
EURUSD
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Chicky replied Dec 22, 2014Depends if it's a short-term or longer term trade. In long term, pa maintains the direction and less choppy.In short term, up and down all the time. You may take partial profit and let the rest ride. I find multiple entries and multiple exits better ...
Good Habits of Successful Traders
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Chicky replied Dec 22, 2014Post the screen shot of your historical trades. What you are saying does not make sense. You were long eur/usd from where? Were did they close? If they closed at 1.2306 you should be very happy because your tp was much below that. Where was your tp? ...
EURUSD
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Chicky replied Dec 22, 2014The point you have touched is a very serious discussion......................... Hanging on to a Losing Trade. Nobody wants to see a trade painfully depleting their accounts. The fear is that pa may reverse any time. You may call this a hope, but in ...
EURUSD