Hi bobo, thanks for the advice. BigMike

BigMike Pro Trader

Result Post — I will post my results HERE. Only closed trades. I will indicate weekly performance in pips, percentage of account growth and what post did I make the call so you know I call them before facts ! The week one will be the 3rd of ...

BigMike Pro Trader

Hi again Mfinab, First of all, news is very tough, so don't be so hard on yourself. Yes, SL is sometimes too tight and is usually 50% of the enemy to the trader. However, as human beings, greed is the other 50%. If you put 3% SL at 50 pips and 3% SL ...

Mfinab Trading Journal of FX market

Hi Mfinab, It's part of the game ! Don't worry, 1 bad week out of 4 is excellent. Just move on to next week like you said, that is a real trader attitude. It's human to fall down. But it takes a real man to get back up. Welcome to the standing ...

Mfinab Trading Journal of FX market

Aussie - Kiwi and EG Trades — Aussie Trade, entry at .0186, stopped out. -124 (1% trade total) Kiwi at .7485 did not trigger, so no trade. (came close to .7488) EG at .8773, triggered (-15 at the moment)(1% trade total) On the radar (NOT A ...

My own developed benkyalate system

Aussie - Kiwi and EG Trades — Aussie Trade, entry at .0186, stopped out. -124 (1% trade total) Kiwi at .7485 did not trigger, so no trade. (came close to .7488) EG at .8773, triggered (-15 at the moment)(1% trade total) On the radar (NOT A ...

Mfinab Trading Journal of FX market

Swissie Trade — Ok, here is a follow up on my Swissie trade. Took second position profit at .9250. +194 Third position still opened, moved SL at .9120, protecting +64. Pip it Up ! BigMike

My own developed benkyalate system

Swissie Trade — Ok, here is a follow up on my Swissie trade. Took second position profit at .9250. +194 Third position still opened, moved SL at .9120, protecting +64. Pip it Up ! BigMike

Mfinab Trading Journal of FX market

Thanks for the advice Mark. BigMike

My own developed benkyalate system

Mfinab — Mfinab, where are you ? BigMike

Mfinab Trading Journal of FX market

Great post Jay ! BigMike

My own developed benkyalate system

Hi Dedas, You should not enter the swissie trade, I already have taken first TP and placed the 2 remaining positions at BE. You would be entering at mid -trade. Thanks for your views on EUR. BigMike

Mfinab Trading Journal of FX market

Hi chris, Look at the daily chart. Recent lows at .5960-70 , so in my opinion there is still some juice. Or, you could take the trade and add some SL breathing room. I'm extra cautious as you can see ! It would still be a 3 to 1 ratio if you can ...

My own developed benkyalate system

Ok, order filled on EURGBP, Short, TP on 1 position at .8708 BigMike

Mfinab Trading Journal of FX market

EURGBP — Ok, order filled on EURGBP, Short, TP on 1 position at .8708 BigMike

My own developed benkyalate system

Thanks swamp, great attitude ! I like that. I just get pissed once in a while when some want THE magic indicator. The real issue is what to do with them ? In my opinion, the best ones are either cheap or free !!! The trader needs to have an entry ...

My own developed benkyalate system

jgimenez, Read my prior posts a few pages back. It would take 6 years to explain all the details and then some... Not that I don't want to share, but the best camera will only take the best pictures in the hands of the best photographer. These kind ...

My own developed benkyalate system

Late Plan — As I posted on another thread, here is my plan before the closing of the market: I only risk 1% total on each trade and I open 3 positions per trade (.33% per position) since we are Friday and a lot can happen over the weekend. ...

My own developed benkyalate system

Ok here is my plan before the closing of the market: I only risk 1% total on each trade and I open 3 positions per trade (.33% per position) since we are Friday. A lot can happen over the weekend. Pending Order, Short, Aussie at 1.0186, SL 1.0310 ...

Mfinab Trading Journal of FX market