- Search Metals Mine
- fx111 replied May 14, 2011
I guess engulfings don't work all the time. I think they don't work when price engulfings previous candle but encounter on significant resistance/support. Here is some mistake i did on Friday based on engulfing, thought it's gonna rally up 'cause in ...
Price is everything
- fx111 replied May 6, 2011
Bought eur, let's see. image Edit: closed for 20 pips.
Price is everything
- fx111 replied Apr 29, 2011
Thanx for clarification, but i just realized i can't hedge my account with going long, because if i do that then i can't trade short, US brokers don't allow hedging. I guess the only way is to open sub-account in EUR and put there 50% of my money ...
How to protect profit from depreciation
- fx111 replied Apr 27, 2011
That is like longterm trading, and i never trade longterm. If i have, let's say, 5 000$ account, use leverage 1:20, 1 pip=10$, and if i longterm buy 1 lot, for daytrading i would have to use bigger leverage.
How to protect profit from depreciation
- fx111 replied Apr 26, 2011
For example; let's say i earn 300 pips a month with 1 lot, which is 3000$ a month. My country currency is kn, before 1$ was 5.20 kn, now 1$ is 4.80 kn, and if dollar countinues with downtrend it's gonna be 1$=4 kn..........so with 3000$ a month ...
How to protect profit from depreciation
-
How to protect profit from depreciation
Started Apr 26, 2011|Trading Discussion|9 replies
When i opened account at broker i opened it in dollars, probably like many traders. And now ...
- fx111 replied Apr 19, 2011
Pa broke longterm triangle on rsi image so i think i'll try to short in this zone image although this could be one more impulsive wave up, we'll see how PA acts in zone., looks good atleast for a scalp,
Price is everything
- fx111 replied Apr 19, 2011
Yep, that's my problem too. Fear of losing, sometimes i miss some good trades because of it, and sometimes i use too tight SL.
The obstacles to trading