Continued ........ E. No Stop Loss - Comment: Every pair, no matter a major or cross, has an "Open Side" and there is a "Closed Side" of the price. If one wants to trade a pair without stop loss, should enter in the direction of Open Side. The trade ...

Trading Without a StopLoss

(Half) Agreed ............ Depends on market condition and timing of the trade.

Trading Without a StopLoss

You continue .............. I am listening, there is one more after "No Stop Loss" and that is the best. Tell me which one is left.

Trading Without a StopLoss

A. 30 pip stop loss - Comment: TP should be more than 30 pips with a method that generates more than 10 winners in a block of 20 trades. But a decent normal price fluctuation can eat this stop loss B. Stop loss below 30 Pips- Comment: TP should be ...

Trading Without a StopLoss

1. Short term traders or scalpers 2. Time killers 3. "Let's play a small gamble before the real move starts at NY Open, London Close or until price gets to that key weekly level/fib, etc" thinkers 4. "Oh! this is what pa is trying to do right now, ...

Why do we continually watch Price Action?

SL now comes to 1.2593 based on current pa reading. If it goes below 1.2592, I will close this long. However, market today should move to at least 1.2645, for two reasons: 1) Profit taking prior to week close, 2) Recent data releases.

EURUSD

Unfortunately, my tp comes at 1.2605 and sl below 1.2586.

EURUSD

Re-entered long at 1.2599. This time, a full position.

EURUSD

closed. will enter long again at 1.2586

EURUSD

I entered only a testing trade at 1.2600

EURUSD

I think it is about time to enter a long on eur/usd. This time I will be mocking Jesse Livermore on my live account. ps. Done

EURUSD

NO. Stay there in the United States. You don't have to worry about IRS.

EURUSD

Did she find any eur/usd levels in there?

EURUSD

Why do you disappear for weeks? How are my leased wives? Next month's rental is due on 15th Nov. What's your target for eur/usd longs? 1.3800?

EURUSD

You are doing it wrong. Increase your leverage to 100:1 or if possible 500:1 then do the martingale, keep on selling no matter which fundamentals or technicals develop against your position. With martingale, a bump of even few pips will bring back ...

EURUSD

Not easy, very difficult. This trade is over six weeks old, still in red, about 11 pips plus no fundamentals to support this short.

EURUSD

The best two uses of a weekly chart is placing a short-term trade on a weekly technical level. Since a weekly technical level is believed to be stronger than similar levels on smaller time frames, one can extract few pips. The second use of weekly ...

EURUSD

Yes. Those monkey's sitting in central banks and the Fed. or baboons working to boost/kill their economies don't know that no matter what they do or whatever economical events happen around the world, are all subject to 50% and 61.8% fibs or at most ...

EURUSD

You are one lucky person to get hands on the details of this method. Check your pm. There is something called "Traders' Effect". It is believed that a holy grail system loses its effect if many people know about it. Keep my trust.

5 PIPS - Only Five

Because few crazy traders want to retire in 2017. These are two out of few possible scenarios. Number of scenarios keep on increasing and getting fragile as one moves to smaller time-frames.

EURUSD