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- klinckphilip replied Sep 27, 2018
The daily 4h and 1h is more for long term trades and you have to use smaller lots size and be able to withstand a lot more movement against you. These guys are probably using higher lots sizes and limiting risk with stops and trying to get shorter ...
- klinckphilip replied Sep 26, 2018
The powers that be want to bore us to death. But, those just trading the range are mopping up I am sure.
- klinckphilip replied Sep 25, 2018
Did OK on my long today. Not really seeing a clear direction although long bias. Powder dry until something happens.
- klinckphilip replied Sep 25, 2018
If there is a consensus that 2020 we will see a downturn then the FED will at some point slow their hike outlook. Right now there are not enough indicators turning over for them to slow. They are usually way behind the curve when it comes to seeing ...
- klinckphilip replied Sep 22, 2018
That V bottom looks very green just very choppy on the way up.
- klinckphilip replied Sep 19, 2018
Last few days have been tough. I like staying in for longer moves. Keep getting into profit only to pull stop loss to even and get stopped out. Sometimes wish I was more of a scalper.
- klinckphilip replied Jan 31, 2013
Looks like all the news says downward we go. When it confidently breaks 122.51 I will be selling pullbacks up to that area.
- klinckphilip replied Sep 11, 2012
Short 2833, 2833, 2833. Target - 2635 Stop - 2845
- klinckphilip replied Sep 10, 2012
Thats why I said right after that if anyone makes money scalping go for it. I just have not made money that way.
- klinckphilip replied Sep 10, 2012
Out on this one. 50 pips will do for now. Gonna let it go sideways and look for a place to get a larger position in short.
- klinckphilip replied Sep 10, 2012
I wouldn't do it if I made less than that on $5000. Yes as it compounds your positions get smaller as a percentage of the account and so does the returns. Obviously you cant take $5000 and create billions after only a few years. But, risking 20% of ...
- klinckphilip replied Sep 10, 2012
This is right. You need to be able to see a small win as big $. If you trade $200 you have to make 25-50% wins to feel like you did anything. But, if you have $5000 in there you can trade 5 lots at 50:1 and your wins will be much bigger $ but much ...
- klinckphilip replied Sep 10, 2012
Set some limits to get me short before I left town for the weekend and only one did. 2809 short and looking for more opportunities. Good job to everyone who got long. I certainly didnt and it cost me about 40pips.
- klinckphilip replied Sep 7, 2012
Stopped out at 2649. Looking for another short around 2820
- klinckphilip replied Sep 6, 2012
Yes, they are the largest economy in Europe and they export a lot. If it is lower than last months it is somewhat bad for the Euro. If it is lower than the lowered expectation then it is really bad for the Euro.
- klinckphilip replied Sep 6, 2012
Looks good for a short to me. But, dont place trades no knowing what is going on.
- klinckphilip replied Sep 6, 2012
I try to look at the longest term to the shortest term You want to catch the longest term in a convincing turn around. Then take positions in that direction when it makes sense. If you are a shorter term trader then maybe use the daily for ...
- klinckphilip replied Sep 6, 2012
A slow peel off slowly over the late day and through the asian session is my expectation. Might gain some momentum during the euro session. Djia has just double topped as far as I am concerned. No reason for it to be that high otherwise. Precipitous ...
- klinckphilip replied Sep 6, 2012
I dont see buy or sell signals right now. Kind of odd market. I am still short from before. Got 20-30 in the green but expected more. Oh well. Ill either get stopped out or it will go my way. Either way there is no point in watching this slowness.
- klinckphilip replied Sep 6, 2012
Looks like the stock market got more out of this pop than the euro.