Forex trading live calls and set ups

[be-positive]

have made a right mess of things today --- so all the best guys
jules think the above reference might be for me as the flicking power has been turned of in my cave (lol)

 

[be-positive]

eur/usd looking bullish again @ 1.6421

 

[be-positive]

with stp @ 1.6406 ( no finished for today ) after this mornings performance

 

[15 min tlb]

long way to go,your r/r seems good so no problem.1 winner takes care of 2 losers.your stop seemed very tight for ej,what spread have you got

Spread is 3.2 pips.I prefer 20 pips stop .

Probabilities should be looked , rather than risk reward.I have a system which uses 80 pip stops and targets of 7 pips , the system seems very profitable and yields around 50 pips a day .You could have a 80 pip stop ,in a complex system , scalp 60 trades a day at 7 pips =420 pips and lose 240 pips max daily , and still make good profits daily.

 

[Dinos]

eur/usd looking bullish again @ 1.6421[/QUOTE

at that price its already flown:cheesy:

 

[Lord Flasheart]

eur/usd looking bullish again @ 1.6421[/QUOTE

at that price its already flown:cheesy:

hes been on the irn bru again

 

[15 min tlb]

hes been on the irn bru again

Traders can make money with a 12 pip stop and 12 pip target , if they are disciplined enough to take only the very low risk , high probability entries with a 70 % success rate.

 

[be-positive]

ffs with the lights going out in my cave thought you lot would be understanding about my typeing error :cheesy: where is that

???

 

[15 min tlb]

with stp @ 1.6406 ( no finished for today ) after this mornings performance

Long e ud 1.4620 stop 1.4608

 

[15 min tlb]

Long e ud 1.4620 stop 1.4608

-12

-36 total

 

[Lord Flasheart]

amazingly my usd/jpy trade has survived two scares.Sometimes its good to have a broker like ig,im sure the bucket shops would have taken me out
still short ej

and just as im posting it spikes up and takes me out of ej trade for b/e 2nd 1/2

 

[wackypete2]

anyone get any of that euro fiasco?

Peter

 

[wackypete2]

Trichet's a big hit!

Peter

 

[15 min tlb]

Trichet's a big hit!

Peter

Shouldn't we be going long?


http://www.reuters.com/article/2011/06/09/us-ecb-rates-trichet-idUSTRE7582W020110609

http://www.washingtonpost.com/busin...july-rate-hike/2011/06/09/AGgya9MH_story.html

 

[Lord Flasheart]

look at that ej,C%^t it was a lovely call 564738474654

 

[15 min tlb]

Long 1.4540 stop 1.4500

 

[wackypete2]

Long 1.4540 stop 1.4500

good idea, but i'm waiting a bit.

Peter

 

[Dinos]

good idea, but i'm waiting a bit.

Peter

I'd be with you on this one, not trading this pm, so be interesting to see how it pans out.

HA candles on tick offer no trending pattern to gain an entry

 

[15 min tlb]

long 1.4540 stop 1.4500

-40

 

[wackypete2]

as long as trichet is still speaking eur will continue to free fall. As soon as he's done it should recover some.

Peter