Yes, exactly, diff between gambling hoping for the outcome, or a preplanned set of levels where positions built on, with the right MM and risk management in place.

Cable Update (GBPUSD)

Same for me, I used to hate DD's, and not let myself get into that situation, but would still lose many trades. Now I can have DD's and almost always come out profitable with my style of trading. Some of us trading this way, works very ...

Cable Update (GBPUSD)

yes have a good weekend and GL

NZD/USD

Hi Duderoo, its his trade not mine. But yes, ideally he might be running a very large account to trade that large size, with no SL and "all in" trade from a percieved top, which as we all know could go up another 50-100 pips or more easily with no ...

NZD/USD

In the context of this message its your Drawdown while in a trade. (unrealized loss)..

NZD/USD

Good job on the profits. Just curious what your DD comfort level is?

NZD/USD

IMO only a complete fool would buy up from this zone.. But I might be wrong Not what I would do.. too much risk for too little reward

NZD/USD

Well it may go higher based on those views, but you won't find me buying big from 8900. Too many variables and not good to get too biased IMO.

NZD/USD

you mean sell from 8900?

NZD/USD

I might very well be wrong, but I suspect we may have our top in NU. Anyone adding to shorts here?

NZD/USD

Forex can be Soooo sloww to move.. thats why I cannot trade only one pair.. Even with learned forced patience.:nerd:

EURUSD

I was looking at longs until quite recently, now i switched to shorts. fomc should maybe be the catalyst.. if not, will load more shorts at better prices..

EURUSD

My view the same mate. Looks good so far.

Cable Update (GBPUSD)

Hi D, you are correct. I have been watching COT for some time, and added it to my toolbox. However, I have found the time frame you trade effects this all as well, as the COT is more a tool for someone swing or position trading (comes out once a ...

EURUSD

Hi Aaron, PM me if you like. rgds

EURUSD

I'm calling timber

Cable Update (GBPUSD)

Just widen stops for NFP..and watch your size and TP..

EURUSD