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pawpaw1000 replied Jan 8, 2014Up we go... Won't be as impatient as yesterday, left 20 pips on the table... EDIT, SL below this last bottom
EURUSD
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pawpaw1000 replied Jan 8, 2014When you buy you get the Ask price and when you sell you get the bid... They shave 2- 3 pips both ways
EURUSD
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pawpaw1000 replied Jan 8, 2014Fair enough, trading Daily or Weekly it shouldn't hassle too much but 3 pips is still alot, x2 = 6 pips per trade?
EURUSD
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pawpaw1000 replied Jan 8, 2014Trying another buy here with SL below Range on H1 EDIT: Trading with spread at 3 pips is one of the reasons retail traders don't make it! sure of it, rather fund your account with more money so you can have lower spreads?
EURUSD
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pawpaw1000 replied Jan 8, 20146435 is 1st level if we get there on this push, not convinced its the real move yet, no positions SHORT with sl above highs EDIT: SL 6419
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 8, 2014Bought some Will sell it back below 3600 if we get there... EDIT: Out of small position... Flat
EURUSD
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pawpaw1000 replied Jan 8, 2014It's like value investing basically... You find something you see value in, find the price it shows value, then start buying every say 5% drop beyond there. You average a good position without having to choose and exact point. You buy 20% of your ...
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 8, 2014Because it's pretty hard to get a good entry... His way, he can be wrong for a while but would normally be right in the end. Unless of course the pound has entered a Bull market to go and test yearly highs but that is improbable and he would still ...
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 8, 2014Here's hoping LO spikes down and gives us a nice long entry from the bottom ;-) I'm looking long
EURUSD
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pawpaw1000 replied Jan 8, 2014Seeing as you work with supply and demand, isn't it true that supply gets "used up" every time it enters a zone?
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 7, 2014Not while on M1 as I'll have many pending orders that I delete as things can change within a second while on M1 Doesn't matter, not important... Just wanted to tell you that I wasn't lying and this is really how I trade and some others I know who ...
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 7, 2014What if I said my SL was 100 pips but I get out as soon as the market turns against me meaning I get out BE or better most of my trades? The SL has nothing to do with it, I'm telling you it is just there to protect myself from a spike or whatever, ...
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 7, 2014I've given many levels both here and in eurusd thread and my entries usually come straight after we get there. I always post entries mere seconds after entering, go look at the time of that 1st trade. Anyways, this discussion is futile
I now ...Cable Update (GBPUSD)
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pawpaw1000 replied Jan 7, 2014And here's after the fact: Don't know how else I can show I'm not lying but hey... I tried my best
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 7, 2014I've got 6374 as a level (Yesterdays range FIBO) but hesitant to enter. So I won't enter as I know thats emotion ;-) Long 6389 sl 6385... Watching will jump ship early Let me tell you why I entered at the bottom of the pullback at 6389, take the ...
Cable Update (GBPUSD)
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pawpaw1000 replied Jan 7, 2014Agree! When you see the trade isn't working, get out, don't wait for SL to be hit. I'll see you all at LO tomorrow, off to do some cooking and then finish my book: url
EURUSD