Lord Flasheart
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lovely chart,will euro rise?
I think the Big Ben players may do well today. The range is relatively small, thus their risk is small.
If they go for an ATR target rather than 1:1, they're in the money.
long eur/usd 1.3920 sl 12
-12
thats 4 on the trot for old ma
17 trades 159 pips
as per Vaco, the overnight action was such that most of the normal daily range happened before 8am.
anyway, you have to compare the total loss due to the 4 losers against the gains of your average 4 winners.
keep to your edge. it will pay off.
although its always tough starting the day with a loss, you feel you're spending all day catching up.
if its any consolation, I got whipped for a -20 loss, as I went short on GU this AM too.
Even chowclown (best LIVE trader on the site?) started the day with a loss i think!
(I think im about to get stopped out already pretty soon! Having a bad patch at the mo....Been like that for 3 sessions for me.)
Even chowclown (best LIVE trader on the site?) started the day with a loss i think!\
I'm the best LIVE trader on my street. Does that count?
Peter