Ok this is good... this is what i'm confused about... you had a floating loss of 30% at one point yet your max draw down is 8%. How is that possible? Wouldn't a stop loss of 8% prevent you from having a 30% flaoting loss?

Drawdowns?

What about the whole issue of tax heavens? How do they figure targeting those will prevent something we have seen from ever happening again?

G20 Resolutions

yerp, looks like its settling down atm... still never seen anything like this b4... crazy stuff.

Interbank fx spreads

hmm thanks for the link... thats what i get for not following markets for a few weeks! Not to say I havent been watching the news but the situation is a lot more extreme than i thought!

Interbank fx spreads

ah ok thanks... just as i thought. So basically its low volume trading atm? Hence the high spreads?

Interbank fx spreads

Eur/usd 1.5675, Gbp/jpy 207.55

Breeze....Update on GBP/JPY

How come the gbp/jpy pair moved? I thought it was a USD news event. p.s. i guess this is why people dont like trading news events... INSANE!!!

Breeze....Update on GBP/JPY

Entered another longEUR/USD @ 1.5450 @ 13:50 but decided to exit it at break even because I felt that there was no reason for the down move not to continue and I was right .

Atomic's Journal

Screen speaks for itself. Took the trade based on pin bar. Wasn't following the market the whole day, came home saw the pin entered immediately went to watch tv came back in the next commercial break and closed it at 66 pip profit. So all in all ...

Atomic's Journal

Well I entered another trade yesturday which turned out to be another flop but at least I was somewhat right about the direction of the trend and the fact that the market were going to close flat. Entry 1.5515 and almost immediate stop out at ...

Atomic's Journal

Hope you didn't lose any money trading live . I'm pretty inexperienced so I hope you are not blindly following me (unless you are paper trading in which case go nuts ).

Atomic's Journal

Long 1.5515, due to perfect pin bar which bounced off a 62 fib retrace level. Probably should have had a larger stop loss but lets see what happens. Update; well there you stopped out already. Thats its for today! I suppose the fact that the longer ...

Atomic's Journal

Closed out at 1.5522. In hind sight I should have exited the trade near the resistance that I was talking about, but I've been trying to "let my profits run" recently, but I guess when it comes to short term trading, taking profits at the first ...

Atomic's Journal

Can't you just reduce the leverage of the account to say 1:10 or 10:1 or whatever it is and take 0.01 lot trades thereby effectively doing 0.001 lot trades with a 1:100 leverage account?

0.01 lots at 1 cent per pip

Anyone? are in house stop losses special cases of stop losses?

MarketMakers