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    • bez3000 replied Jun 30, 2011

      I think we will always have a drawdown thats what our SL is for, if we had no drawdown SL would be say 2 pips and we would all be rich trading hugh lot sizes. I see it as drawdown's as well as losses are all part of the package when trading ...

      Trading Made Simple
    • bez3000 replied Jun 30, 2011

      You can get big draw downs but just use smaller lot sizes. e.g. If you trade 1% of a 10k account per trade that is 100. If the last swing is 100 pips away only trade 1 per pip, if it's 50 pips away trade 2 per pip etc....... The amount you risk ...

      Trading Made Simple
    • bez3000 replied Jun 30, 2011

      Trade update: euraud = +133 open gbpaud = +120 closed nzdjpy = + 87 closed nzdusd = + 220 open usdcad = + 200 open New trades: euraud = + 132 open usdjpy = + 45 open gbpjpy = +35 open Added to about +80pips from trades running from last week puts me ...

      Trading Made Simple
    • bez3000 replied Jun 30, 2011

      I am with you on the gbpjpy but i passed on the chfjpy as it is against the Daily trend in my opinion, if i did trade it i would be looking to close now at 96.30 due to resistance turned support (just my opinion). I have not really discussed my ...

      Trading Made Simple
    • bez3000 replied Jun 30, 2011

      I think your problem is as you put it "I have been entering on all TDI crosses" you need to be picky. Take your chart above i really don't understand your thinking behide going short. I mean look at the closing candle!!! It's a doji at best i think ...

      Trading Made Simple