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    • shiko replied Aug 7, 2009

      I do not trade Fridays as BRW put it is stop loss hunting day. It is my rule. I did trade 1 cents today. no emotions so to speak. already have bagged 180-190 pips so far. Feels a little bit disappointed. second thoughts about why I did not trade ...

      No Brainer Trades
    • shiko replied Aug 6, 2009

      KK007, Hi. How are you doing? I knew about the news, rates. But while watching Bloomberg I saw nothing as to what those news were. There must have been some change in policy that caused that big move. If they say we raise rate we can make out ...

      No Brainer Trades
    • shiko replied Aug 4, 2009

      For those watching and trading Cable it would be interesting to hear BRW views as how to get reliable S/R areas now. he p[air is in the territory it has visoted a couple of times in the last 15-20 years. I can find only some resemblance of S/R areas ...

      No Brainer Trades
    • shiko replied Jul 31, 2009

      Hi Pirabuji, Those indicators are from previous system I used to trade. I do not use them now, gotta take them out. Oanda's platform is not good enough to draw lines and determine S/R areas, I use MT4 from Alpari for this reason. I have both ...

      No Brainer Trades
    • shiko replied Jul 31, 2009

      It can. But 85-95% of times it won't. Some trade reward to risk, I trade higher probability. The probability of trade going against me is much smaller than giving me first my 12 pips. I have made 78 trades this month. 71 gave me at least 12 pips. 7 ...

      No Brainer Trades
    • shiko replied Jul 30, 2009

      Shorted E/U and G/U. Probably enough for this month. Average hit rate for the month is slightly more than 90% as was told. This week 12 wins 1 loss. I think in a month I will start learning to manage 20% of position size to catch more pips. I made ...

      No Brainer Trades
    • shiko replied Jul 29, 2009

      Amazingly no When it was a chance to fade it around 1.4100 it was 8:00 and 30 minutes before news release. I stayed flat. When it was at 1.4025, I was in Gym But I did faded G/U short at 1.6458, took 12 pips, it went down a lot more... Before ...

      No Brainer Trades
    • shiko replied Jul 29, 2009

      Charts look messy. The price has been here for far too long. I speak of E/U, E/Y and G/U. It is getting harder to get some good S/R. I am looking to go long at E/U 1.4075 to 1.4100 or go short at 1.4200. G/U got stuck around 1.6350, but I have gut ...

      No Brainer Trades
    • shiko replied Jul 21, 2009

      Interesting that many beginners think it's the news that moves prices up and down. Speculating that if the GDP is good, investors will want to buy, they're gonna need USD to pay for stocks, and if everyone needs USD, it will be more valuable than ...

      No Brainer Trades