- Search Crypto Craft
-
Chicky replied May 16, 2009Thanks MK, While this discussion was going on and site was down, I got a chance to compare my method against what you suggested. The result is amazing. I think I would have been more profitable had I followed the trend, entering as you advised. Now ...
EURUSD
-
Chicky replied May 16, 2009Gambling Rule # 3: It takes a big magnet to attract small objects How to apply in forex: Keep your position sizes smaller
EURUSD
-
Chicky replied May 16, 2009Hi Ico, Just one quick question: When you say operate with "biggest amount" you can afford, do you mean "capital invested" or the "position size"? If it refers to position size, how do you determine affordability?
EURUSD
-
Chicky replied May 15, 2009MK, I appreciate. There must be some reason behind this belief. I have a series of questions, if you could help me with the answers: 1. It takes time to identify a trend. How do I know it is not too late to go with the trend? 2. Trend reverse on ...
EURUSD
-
Chicky replied May 15, 2009Overconfidence — Joe Ross has started discussion on a very important topic. Confidence, overconfidence and lack of confidence among traders on their deals is a primary factor contributing to success or failure. This market is so volatile, ...
Lessons by Joe Ross
-
Chicky replied May 15, 2009What people say about gaps is bs. Gaps are directly proportional to the timeframes. Lower the time frame lesser the gaps. Higher the timeframe more and wider the gaps. And this is explainable with reference to economics and pattern of trading.
EURUSD
-
Chicky replied May 15, 2009I am completely out for now. Was very fortunate on first trade as a full timer. Stressful but rewarding. If I extend pa line horizontally towards east, it intersects with the trend line exactly at Monday open. Is this coincidence? or conspiracy? I ...
EURUSD
-
Chicky replied May 15, 2009Direction is clear, but they don't want to give it to public yet. Again this close leaves uncertainty for Monday open. More time elapses, it will magically get near to the trend line without moving, you see what I mean.
EURUSD
-
Chicky replied May 15, 2009All set. But no auto close option. Will have to do it manually. 10 sec before close.
EURUSD
-
Chicky replied May 15, 2009I feel like playing both ways but with different lot sizes, net short.
EURUSD
-
Chicky replied May 15, 20091.33xx is a definate possibility. However, if stays here over the week-end without going further down, on time scale it will be above the trend line. It has crossed 1.35xx at right time and right place. Therefore, expecting some consoldation near ...
EURUSD
-
Chicky replied May 15, 2009This is big picture. I try to collect/give few pips also from/to short term traders.
How else can I reduce my risk?
EURUSD
-
Chicky replied May 15, 2009It broke the line. My last TP order auto executed. Now will wait and see, if this is a trap. If not several hundred pips, so no hurry.
EURUSD
-
Chicky replied May 15, 2009I am not playing shorts (or longs) for now. Should run away with my booty and comeback later.
EURUSD