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Yuchen replied Oct 4, 2011You had 1000:1 leverage broker?? I am using ONADA now and they give me 10:1 leverage but i think it is good because traders are not able to gambling their whole money at 10:1 leverage, even they used all margin they could only risk 10% of their ...
EURUSD
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Yuchen replied Oct 4, 2011i see. dont open large lots. Always open small lots and then add more if it is on your trend. Even the daily market could have a 100 pips trend and weekly could have 300-400 pips trend so reduce your risk is more important than increase your profit.
EURUSD
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Yuchen replied Oct 4, 2011sorry i am still confused why did you say losing 200 pips when you were in profit?? and did you count 1.32700-1.32500=200 pips because your broker is 5 digits? people usually call that 20 pips instead of 200 pips.
EURUSD
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Yuchen replied Oct 4, 2011I can see EU is definitely bearish for long term but it may not down that much right now. i dont want to trade against the trend but i see 1 hour chart looks bullish trend and has the potential to flat the 4H bearish trend, i am still nervous for ...
EURUSD
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Yuchen replied Oct 4, 2011what do you mean you were 600 ??? I did not understand?? if you were losing 200 pips at 1.3250 level, that means EU was supposed to at 1.2850 level when you were losing 600 pips.. or did you count number of lots multiply the pips as the total pips ...
EURUSD
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Yuchen replied Oct 4, 2011I am still waiting for 1.0670, dunno if it will test today or no..
USDCAD trend reversal?
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Yuchen replied Oct 4, 2011USD/CAD is looking forward to test 1.0670, which was the major rejection zone from last summer..
USD/CAD
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Yuchen replied Oct 4, 2011If you dont put s/l, you will in a big trouble one day. The market will not always move toward to your way. so please make sure have a s/l or if you feel uncomfortable to s/l at pivot point, then put the s/l at the price that's the max money you ...
EURUSD
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Yuchen replied Oct 4, 2011did you put a s/l ?? EU should go down below 1.3000 level but it may bounce up to 3400 or even higher for the correction. You need to make sure have s/l or at do not add more short.. in the long term, it is still strong bearish but in the short ...
EURUSD
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Yuchen replied Oct 4, 20119540 and 9537 was last Oct & Nov's low support but it was broken yesterday and AU got rejected by 9530-9540 area 3 times based on hourly chart.. maybe a nice try to sell at 9530-9540 area with tight stop.
AUD/USD
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Yuchen replied Oct 3, 2011dont want to enter now, have a sell limit at 3320 with s/l 3420 and go to sleep to see if it will hit when i wake up.
EURUSD
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Yuchen replied Oct 3, 2011you guys are right. i was trying to against the trend and the market again proved i was wrong. fortunately i only tried a 0.025 long but it is still a mistake i should be able to avoid especially i am 100% realize AU is down trend now. I guess i ...
AUD/USD
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Yuchen replied Oct 3, 2011I am not going to buy this pair for this year anymore because the weekly is a strong bearish. i will take a break for a few days and wait for the price go up to 3500ish and then sell it.
EURUSD
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Yuchen replied Oct 3, 2011I see 0.9541 and 0.9537 was last Oct and Nov's low. So i tried 0.025 long at 0.9560 with 80 pips s/l. i can see AU is a downtrend now but i also see the MACD & MA are divergent so I decide to try this small long and see if it could close up the ...
AUD/USD
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Yuchen replied Oct 3, 2011thank you, maybe i should follow the down trend and look for sell at high by the way, you trade based on year chart??? so you trading time frame is super long then?
AUD/USD
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Yuchen replied Oct 3, 2011VenD, I see you are very good at trading this pair. Do you think the daily chart MACD is divergent to the MA of this pair so it maybe a good try to long on this pair if it could back to 0.9700 in the near future and set the s/l at today's lowerst ...
AUD/USD
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Yuchen replied Oct 3, 2011I have 2 buy limit one at 76.20 one at 76.15 set both stops at 75.80
USD/JPY Discussion
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Yuchen replied Sep 30, 2011The lowest price on my chart is 1.21258... i tried a long at 1.2160 early time and set s/l 1.2130, lol, too small so it was stopped out....
EUR/CHF