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pearsonfx replied Mar 28, 2008Sorry I was a little busy last night and did not post any OFFICIAL entries, but I did give you the preview of what I was expecting to happen..... As you can see G/J, U/J, G/U and E/U did what I said would happen. Eur/Aud went down and then back up ...
PearsonFX Trades
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pearsonfx replied Mar 28, 2008Just so y'all know.... Closing the GBP/JPY trades, y'all should have more than 100 pips if you stayed in. depending on you entry you might even have two hundred. Euro/Usd trades are about break even I am holding them remember looking for 1.5500 ...
PearsonFX Trades
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pearsonfx replied Mar 28, 2008Spikey — Spikey Please Check Your "PM" Here is the file:
PearsonFX Trades
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pearsonfx replied Mar 28, 2008Syafi you are going somewhere. $1 with a $10K account is using great money management, you are can play with the market a lot with that. Just so long as you don't have too many trades running at the same time
PearsonFX Trades
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pearsonfx replied Mar 28, 20088% is acceptable drawdown 15% is acceptable drawdown. Typically though, people like to not see any floating loss at all. And of course with higher $ value accounts account risk by the trader tends to be less as if there is 8% drawdown on a $250 ...
PearsonFX Trades
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pearsonfx replied Mar 27, 2008lol thats ok, I am happy with however you spell it, Zack, Zach, Zak, or even Xak........not that it matters here, but as long as you pronounce it correctly....believe it or not there are people that pronounce my name like zatch......like the ...
PearsonFX Trades
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pearsonfx replied Mar 27, 2008Yes but I don't feel I should mention these...it might be a week or longer before the target is reached.... I was referring to the shorter term trades....sorry for the confusion Zack
PearsonFX Trades
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pearsonfx replied Mar 27, 2008No I did not take a loss.....I got out with +10.....I bought at the top of the rally before hand....if you entered after me you would have been able to get as low as maybe 2.0040 and exited with about 40 pips if you saw my message before.... As for ...
PearsonFX Trades
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pearsonfx replied Mar 27, 2008I am out of my long trade for GBP/USD just so you all know...market is setting up for some big moves a look ahead.... G/J down U/J down G/U down E/U Up? overall down E/A down Zack
PearsonFX Trades
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pearsonfx replied Mar 27, 2008A very good tool that you can use on any timeframe is posted earlier but if you click on the attachment icon a paper click in the upper right you can see a list of all the attachments. Select the RSI.tpl file....place it in your MT4 templates ...
PearsonFX Trades
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pearsonfx replied Mar 27, 2008I agree Tom, for the time being I am long on cable, small dollar per pip, with a 100 pip target...but may exit early if I seee formidable resistance along the way. Zack
PearsonFX Trades
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pearsonfx replied Mar 27, 2008Morse, first off....the euro trade never really went against me as I quoted a second entry at 1.5820. How about your eur/aud trade, if I recall correctly you entered at 1.7227 which would have given you 127 pips of profit, if you had only set the ...
PearsonFX Trades
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pearsonfx replied Mar 27, 2008Trade Recommendations — Hey all, Short on GBP/JPY Target 198.00 or 200 pips from entry Gbp/Usd Still short from earlier Eur/Usd trades are in profit hope you enjoy the pips! Usd/Jpy Short Target 50 pips from entry Zack
PearsonFX Trades
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pearsonfx replied Mar 27, 2008Morse, that answer depends on how patient you are, and how much drawdown you are willing to accept... G/J is Bearish overall with a weak dollar and weak GBP, but we are seeing some bullish movement right now. Eventually it will cross above 200 ...
PearsonFX Trades
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pearsonfx replied Mar 26, 2008Morse and others, I trade big waves up and down with trades. Meaning I try and find tops and bottoms, and potential places where it is most likely to change direction. There is still a high chance that 200.00 and even above will be hit, all you have ...
PearsonFX Trades
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pearsonfx replied Mar 26, 2008Always.....I took profit already....I gave an initial target but remember my calls are only for 100 pips....G/J went from 197.87 my entry to 199.80 just shy of 200 pips. You can't let a trade be 100 or more pips in profit and then let it got against ...
PearsonFX Trades
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pearsonfx replied Mar 26, 2008Show me why you see long on it.... Aside from it being in an uptrend....remember trends end... Historically speaking Eur/Aud is very near its all time top.....I have eur/usd falling....this would drop eur/aud.....and I have aud/usd rising...this ...
PearsonFX Trades
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pearsonfx replied Mar 26, 2008By the way I am also Short on Eur/Aud Target 1.7100 for short term trade, by the end of today most likely 1.7000 or below if you want to hold onto it. Zack
PearsonFX Trades