Forex trading live calls and set ups

[Rooster34]

how about introducing a take 1/2 off strategy and leaving a runner. It helped my trading a lot. Im not sure if its a textbook thing to do though as it reduces r/r

Morning Flash🙂 I actually plan to do just that. I'm trading one micro lot at a time right now. When I get to two micro lots at a time I'll take half off at a predetermined target. I started live with 200 US and overtraded that down to 50 bucks. I'm back up to $117 (taking the world by storm huh. LOL ) when I get to a point where 2 micro lots are 2-5% of my account, I'll take one off.Right now I'm stuck with one micro lot at a time.
And textbook has a lot of wiggle room, scalpers break every rule van thorpe wrote and some of them make loads of money.

 

[Lord Flasheart]

i forgot the chart

 

[Lord Flasheart]

Morning Flash🙂 I actually plan to do just that. I'm trading one micro lot at a time right now. When I get to two micro lots at a time I'll take half off at a predetermined target. I started live with 200 US and overtraded that down to 50 bucks. I'm back up to $117 (taking the world by storm huh. LOL ) when I get to a point where 2 micro lots are 2-5% of my account, I'll take one off.Right now I'm stuck with one micro lot at a time.
And textbook has a lot of wiggle room, scalpers break every rule van thorpe wrote and some of them make loads of money.

Theres always a thorpe at the bottom of it somewhere where gamblings involved
Edward thorpe inspired me to card count amny years ago. I didnt make a lot it got too hard
Incidently. If you manage to trade using micro and get things sorted,the bigger stakes will be easier. Its so easy to say its just $100 it doesnt matter if i throw it away. I used to always think ill just lump on with this last £500, reload the account and do things properly. The problem was that a habit had become set inplace, A F$%KING bad habit

 

[DDI]

short eurgbp 8412, stop 8440

 

[Rooster34]

Theres always a thorpe at the bottom of it somewhere where gamblings involved
Edward thorpe inspired me to card count amny years ago. I didnt make a lot it got too hard
Incidently. If you manage to trade using micro and get things sorted,the bigger stakes will be easier. Its so easy to say its just $100 it doesnt matter if i throw it away. I used to always think ill just lump on with this last £500, reload the account and do things properly. The problem was that a habit had become set inplace, A F$%KING bad habit

This is my hope. Of course as I sit here Im down 40 something pips 'cause I didnt look at the weekly chart before I took a daily position. there's a pinbar showing that e/u will drop through 3500..............and 3500 looked so good to me as support. so much to learn.....

 

[Lord Flasheart]

gbp will be a long about 1.6033

 

[DDI]

moved stop up on both positions to 1358.2

stopped for 2 x -15....

nice start to the week

 

[Rooster34]

stopped for 2 x -15....

nice start to the week

That's rough, sorry.

 

[DDI]

That's rough, sorry.

never mind..cant complain as set up was pretty much perfect for me which is why I went in double...sodds law i guess

 

[Lord Flasheart]

yeah i hate a bad start to week,even more so knowing how good that ej trade looks now and i only made a few quid.If it hadnt been a weekend id still be in. Whats worse,old mas rules mean i may have to take it long today

 

[DDI]

Whats worse,old mas rules mean i may have to take it long today

ouch...when I get contradictory signals, it usually means disaster is brewing! my advise is stay well away

 

[Lord Flasheart]

long gbp at 1.6031 sl 32

 

[Lord Flasheart]

ouch...when I get contradictory signals, it usually means disaster is brewing! my advise is stay well away

precisely,thats why i stopped looking at lines and only trading old mas rules,maybe my earlier post about other trades and charts i may go back on

 

[Lord Flasheart]

long gbp at 1.6031 sl 32

-30 x 2,not best start to week,eu and ej didnt move as gb shot down

 

[DDI]

-30 x 2,not best start to week,eu and ej didnt move as gb shot down

yeah dont know where this sudden $ strength came from...completely unexpected...it affected gold too...was shocked to lose on that trade as the set up was so perfect (I seldom get that)

 

[wackypete2]

yeah dont know where this sudden $ strength came from...completely unexpected...it affected gold too...was shocked to lose on that trade as the set up was so perfect (I seldom get that)

mostly eur weekness since the usdjpy and usdchf have barely moved much. All the eur crosses have moved almost to their daily ranges.

Peter

 

[Lord Flasheart]

this looks a good low risk short with good r/r

stop just above line(about 83.65). Im not a sure about this one so i wont betaking it. If it goes above the line it generally continues up. Ive only got a 4 pip spread on this so i tarde it rarely

 

[leopardtrader-com]

this looks a good low risk short with good r/r

stop just above line(about 83.65). Im not a sure about this one so i wont betaking it. If it goes above the line it generally continues up. Ive only got a 4 pip spread on this so i tarde it rarely

AUD is internaly firm and JPY is sideways to weak. That pairs risk is upside. 8340 to provide solid support. 2cents

 

[Lord Flasheart]

this looks a good low risk short with good r/r

stop just above line(about 83.65). Im not a sure about this one so i wont betaking it. If it goes above the line it generally continues up. Ive only got a 4 pip spread on this so i tarde it rarely

i took it short at 83.57,stop 69 as 4 pips spread,nothing to lose lots to gain. Just to add this will not count on old mas figures either way

 

[Lord Flasheart]

AUD is internaly firm and JPY is sideways to weak. That pairs risk is upside. 8340 to provide solid support. 2cents

thanks,but this is a live call thread and all trades must be called as you take them with a stop in place,like in the post below this