i think im high jacking pip trappers thread but the thing is that all asset classes are correlated positive correlated gbp,eur,aud,nzd, gold,oil, commodities,equities,bond yields negative correlated jpy,chf,cad, however all correlations are not ...

EurAnalysis

i used to but its all the same thing the USD gbp,eur,aud jpy,chf,cad they move in tune with the USD, and i would have to run statistics and stuff, so to answer your question, i look at it to gauge the movement of the Dollar but i trade the euro, as ...

EurAnalysis

now keep in mind i will either take LONGS or SHORTS according to what is the most likely scenario for today--------> above or below open image image fxmindset i do not believe in risk reward, my money management is purely RISK MANAGEMENT, i can ...

EurAnalysis

my trending MM is a little different i pyramid into it by using previous gains as a buffer to new position, but this MM helps with the initial positions RISK, to day trade the swing

EurAnalysis

no i expected it to bounced up due to the NFP being positive = risk on, but my stop got hit and i decided.......better luck next time lol

EurAnalysis

This visual can make things clear hopefully, side by side comparison image

EurAnalysis

when trading i like to observe and analyse and always know what i am looking at now in relationship to the bigger picture here is the monthly chart image here is my way to look at the monthly chart by looking at the daily chart, if above monthly ...

EurAnalysis

which one do you want answered first? my trading entrances and exits or the leverage that you mentioned?

EurAnalysis

it would be my honor for any one to use my ideas. and yes a journal would be interesting, but i have tried before and gets in the way of my trading

EurAnalysis

no not at all, i am very discretionary, what i am trying to do is come up with a way to put a cap on my total risk exposure according to win loss ratio in case of worse case scenario hence the 1.86% now the stops are placed at 62 due to statistical ...

EurAnalysis

ask away, what was not clear?

EurAnalysis

i was hoping to get peer review and my idea ripped apart, Aaronward Suggested 10% but that would just mean up the leverage, the ranges are pretty much thought out based on statistical volatility and probabilities, this MM is universal, leverage ...

EurAnalysis

i would disagree with that actually. its one of those ambiguous truths especially in forex forex moves pretty much in waves, so letting it run can be counter productive, cutting them short can be pernicious as well tight stops= > in susceptibility ...

EurAnalysis

are you a female? you say somethings that make me wonder............. i mean maybe is the language or the culture.........heck if you are gay there is nothing wrong with it, but just sounds a bit odd.

EurAnalysis

i welcome peer review on my money management strategy, please rip it apart. 1.86% of account risk per trade due to 35% loss ratio= streak of 35/100 trade losses total account depletion would be 65.10% with fixed out of original balance (in other ...

EurAnalysis

not advising anyone to do anything but Buma............support is ALWAYS EXPO FACTO.

EurAnalysis

seems like we will end friday above open, Long euro for now risking 0.66% of account and will let this ride, i predict the beginning of a correction

EurAnalysis

exactly, those are very wise words.

How to properly use Technical Analysis

another good scenario is today. i have already collected 40 pips, the NFP is coming out, and I expect this data to be positive, due to the US economy gaining traction, last report on jobless claims was positive, things seem to be very slowly getting ...

How to properly use Technical Analysis

i find myself having the most trouble after a big run. when i have already collected pips but the move is not yet done, i do not know whether to risk a correction or to get back in the impulse. Scenarios like this morning are more common then. there ...

How to properly use Technical Analysis