I have made a couple of trades but waiting for E/U to get to 1.3790-1.3800 and G/U 1.6300 and then 1.6230-1.6240. But I am really having second thoughts. News are bad, may be to call it a day would be a wise decision. I already made my goal.

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loudoniii Member Thank you I will need to watch price action along S/R areas more to make conclusion. I use S/R and Pivot points but still cannot figure how to calculate and use Fibonacchi. Missed all the action at London open

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I have a question. On Friday, after G/U twice failed to break through 1.6340 support and started moving up and I noticed E/U also moved up, I decided to test it. If it failed to break lower, probably it will move higher, so I took long position at ...

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Thats great man ...not many people start in the trading world by using such a conservative risk. I learned the hard way in trading lol but I make a good living off it now. Just make sure to be persistent in trading and it will all pay off in the ...

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Leverage should not really matter mate. If you have a 10k account you should not loose more then a certain percenatge of your account per individual trade . For example out of a 10 k account I wont allow myself to loose more then 250 dollars per ...

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How come you use no leverage?///// Since coming week I will use a little bit of leverage. like 1,5:1. The maximum goal is to use 2,5:1 leverage. I trade OPM so, I cannot use much leverage. I gotta become better at this method to increase leverage ...

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What I really like about this coming week is a lack of news. By which I mean all those long conferences. i had to stay flat far too long this week due to news releases. It will be interesting. Eur/Usd is testing diagonal support line. After learning ...

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well, I am not counting pips and I decided not to take longer term positions on Friday. I trade OPM and cannot have opened positions over the weekend, but I am up 2% this week with 0.5% made on Eur/Usd yesterday 1 trade. I trade with no leverage. ...

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Bumasoft, are you trading from home or from company's office? Opening trades before news releases??? Wow. I guess you company has some statistical data to support the way they trade. where are you trading?

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BRV was right about probability of winning trades using his method. Last 3 weeks my hit rate was 90% and last 2 weeks had 44 trades. 3 lost, 41 won. Still works on staying in trades longer. Goal is to pick at least 10 pips. Today decided not to ...

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I am thinking of small long position at 1.3825-3830 or small short at 1.3918-1.3921. 1.3849 looked promising but there were too much of action in the vicinity. Just was long at 1.3860. Probably again closed the trade too early.

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VeryVery Well Done!! 90% is really achievable!!!////// Now I guess it is achievable with BRV principles. I used to make up to 75% winning trades but not like this. The problem is to let profits run at least to 10-20 pips per trade. i would feel ...

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after some research I guess 1.4150 is the best choice for resistance with latest hit and reverse been at 1.4145. It is simply amazing how those big guys sit in ambush and patiently wait while price is coming towards them. I remember 6 months ago i ...

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E/U is closing on 1.4126 -1.4145 resistance of last December., I wonder, will it break this level as easy as it broke through so many other good levels or will reverse and give us some nice pips. I do want to try and let the profit run Those lower ...

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Using a stop loss of 40 pips and target of 5-20 pips is a quick way to ruin your account unless you are right way more often than you are wrong.///// I do not think there is a danger of this. This week I made 27 trades. 24 wins and 3 losses. Plus I ...

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Just go to longer timeframes and use some orders. Siam is very good at this approach I believe.///////////////// I am doing just this, but got stopped using orders. Last week, left 2 orders, both went in profit, but missed T/P by 1 pip and then ...

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I love this thread. so many good knowledgeable traders around and generally a lot of nice guys. again, thanks BRV for this

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Yeah, London session When I started trading live first, I traded with MBtrading London session open. I liked to trade it. However i am at work now during this time and have to trade New York. it is much trickier time to trade. I wish I could start ...

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After some thinking I think it would be better to follow BRV advise and not to trade today anymore. Bagged some rabbits, so it is time to relax and smell roses It is actually a pity I cannot trade Euro session, I marked 1.5535 GBP resistance since ...

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sd on short, then before the conference started watchingEur/Usd being sure it would test 1.3727-1.3735. When it hit it first i entered and got some 10 pis. then, decided to wait how it will react on the news. It broke the level, then 1.3750 and R2 ...

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