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Yuchen replied Oct 7, 2011It makes sense, looked his trading size is 5.00 lot per trade, and i believe it is acutally 0.5 lot (so each pip is 5 dollars), he has 2 buy and 2 sell and as you said he had 71 loss in total so 71*5=355 dollars.
EURUSD
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Yuchen replied Oct 7, 2011omg.. you played so heavy... this is very risky money management.. you have 2300 dollars but you invest 1 lot buy in total at the beginning, and fortunately, you sell 0.5+0.5=1 lot (or equivalent to s/l) so you have 300 loss now. if i were you, i ...
EURUSD
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Yuchen replied Oct 7, 2011If they had the inside infomration and traded with the advantage on that they had violated the code and standard so i dont think they would do that
EURUSD
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Yuchen replied Oct 7, 2011He did not randomly chose the number. If you looked AU last week's high and this week's low, 0.9860 was approximately the 76.4 Fibo level and 9860 was the resistence for Sept 23rd and Sept 27th. But you are right, go against the trend is dangerous. ...
AUD/USD
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Yuchen replied Oct 7, 2011If EU could close up above 1.3485 today, it will be very likely to test 3670-3700 big resistence. i am not going to sell until the price goes to there, or if 1H shows downtrend in next week, but now, both 1H and 4H are strongly bullish. weekly is ...
EURUSD
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Yuchen replied Oct 6, 2011lol, not bad buddy. i had a same experience as you. i was trying to long 0.1 lot UJ when i was at work and then i input 100,000 instead of 10,000 and then my supervisor went to my office and asked me for a meeting before i even had the time to set ...
EURUSD
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Yuchen replied Oct 6, 20111st, always have sl, well, it should be a reasonable sl. for example, someone said my sl is 2000 pips or my sl is my account balance, then that's bullshit.. for me, my sl is usually 60-80 pips, sometimes 120 pips but that's it. if you follow the ...
EURUSD
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Yuchen replied Oct 6, 2011I am serious buddy, looked at your trading histroy, you had one trade earned 120 dollars but you trade 1 lot and most of your other trade wes less than 0.1 lot , or even just 0.01 lot. This is a very very dangerous money management. be careful dont ...
EURUSD
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Yuchen replied Oct 6, 2011may i ask you how large is your account balance? it seems your average entry price is 3335 and you have almost -4000 loss. be careful put s/l otherwise the news might will drive EU go futhur up for correction. It would be painful that we all know ...
EURUSD
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Yuchen replied Oct 6, 2011why don't you take a break and wait for the nof tmr? 9731 doesnt seems like a strong support and 9767 looks like a strong resistence that is unlikely to break before the news so be careful and good luck with your trade buddy!
AUD/USD
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Yuchen replied Oct 6, 2011lol maybe some rich bastards will randomly all in so the price will up.
EURUSD
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Yuchen replied Oct 6, 2011good trade buddy, i moved my short b/e and i hope you get the chance buy on dip and i will also close my short probably somewhere aroudn 9660 if it could get there. We trade different, you long and i short but both of us can earn money, thats great!
AUD/USD
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Yuchen replied Oct 6, 2011why dont you wait for around 3390 area to buy. by the way, i think scalp means short time trading why do you think it will go to 1.3505 in very short time?? people are waiting for news tmr and i doubt if lots volume will trade before the news. ...
EURUSD
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Yuchen replied Oct 6, 2011my short was b/e at 1.3425, will not short anymore, it may will break 3486 and then probabily test 3550 and 3670 if the Non-farm gives an extraordinaory result.. but on the other hand, the higher the price goes, the more likely big boys will short.. ...
EURUSD
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Yuchen replied Oct 6, 20119760 is the 61.8% retracement from 9985 to 9400. If it breaks, it will go to 9860 and then probably will go to test 1.0000 Try 0.025 lots short at 9763 with stop at 9793.
AUD/USD
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Yuchen replied Oct 6, 2011in my opinion, as long as EU is below 1.3486, bear are still stronger than bull. i tried a small short at 1.3426 and will see how 1.3486 reacts.
EURUSD
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Yuchen replied Oct 5, 2011AUD strong resistence at 9600-9620, if it breaks i think AUD will have a higher correction to 9740, 9860 and 10000, but on the longer term, it will still down and 9390-9400 is the curcial support to prevent the futhur drop to 9170 then maybe 8950
AUD/USD
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Yuchen replied Oct 5, 20115 min still downtrend, not good for long now, wait for the news after 6 mins then might have another either down or up signal...
EURUSD
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Yuchen replied Oct 4, 20111.3240 is 38.2% fibo for this week's range so far and EU is bullish at 1H chart and 1.3240 is also the bounce up price 5 hours ago as well as the potential price for 20 SMA in the future time so I decide to enter a buy limit at 1.3240 with just 40 ...
EURUSD