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defariak replied Feb 5, 2010Dont get me wrong, I position and swing trade as well, and when I do I dont have a 90% win ratio, only when Im scalping. I make most my money scalping though, so its my preferred method. Never would I suggest it to new traders though, you need ...
EURUSD
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defariak replied Feb 5, 2010I totalled net of 50.8 pips on the eur/jpy trades I did earlier. I am a true scalper, in trades for usually less than a minute per trade with very tight stops, usually 6-8 pip stops. So yes I did all that for 50.8 pips but when youre trading 10 100k ...
EURUSD
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defariak replied Feb 5, 2010not sure what this pairs doing at the moment, looked like it wanted to test the 5710 lvl but never did, think Im out gbp/usd til the morning (got a short on it at the moment)
Cable Update (GBPUSD)
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defariak replied Feb 5, 2010Exactly. I personally work on a 1:1 risk reward ratio, so therefore need to have a higher win percentage to be profitable. Sometimes my ratio is even 2:1 risk reward which is opposite of most peoples 1:2 ratio.
EURUSD
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defariak replied Feb 5, 2010Dont condescend me. Go back and read my post again, Im a scalper, I scalp anywhere from .5 pips to 7 pips, and rarely ever more than 7, my average is 3.5 pips per scalp. If you cant average at least 80% as a scalper then you dont need to be ...
EURUSD
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defariak replied Feb 4, 2010Its probable that they might intervene again later today, or wait til us nfp comes out to perhaps do it on monday, I highly doubt they were satisfied with what little they did earlier.
EUR/CHF
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defariak replied Feb 4, 2010My win to loss ratio is 9 wins to every 10 trades, so ill loose 1 out of 10 usually. I scalp though mostly so I have to have a high win to loss ratio. Its not about win to losses though its about your account balance. Swing traders can have 6 wins ...
EURUSD
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defariak replied Feb 4, 2010No I said it hasnt been near 21:1 anytime since 1.5 since you through the 1.5 number out. But anyhow good luck and all that jazz
EUR/CHF
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defariak replied Feb 4, 2010dont touch your trade button for the first 10 minutes of the release.. heh
EURUSD
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defariak replied Feb 4, 2010be careful with hedging though, that can become a disasterous downward spiral bro. be very careful.
EURUSD
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defariak replied Feb 4, 2010Dailyfx's SSI Shows both current SSI and past SSI. When I posted earlier this afternoon SSI was at 20.8:1. The highest its been in years. Im not going to sit here and argue with you about something that has happened already that I called out earlier ...
EUR/CHF
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defariak replied Feb 4, 2010yes, that confused the dog shit outta me lol. even tho Im confused Ic an tell you the first thing you need to work on is reasons for entering trades. If you dont have an EXTREMELY good reason for entering a trade then do not enter it, never just ...
EURUSD
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defariak replied Feb 4, 2010yeah, they are rejoicing Im sure heh. No rate hike and the promise of none in the very near future. 1 mans trash is anothers treasure type thing heh
AUD/USD
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defariak replied Feb 4, 2010No, that doesnt say opposite. That is an excerpt from when he was saying that they would need to be raised but not for now, that this pause will be for quite a while and that GDP will remain 3.25 for 2010 & 3.50 for 2011
AUD/USD
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defariak replied Feb 4, 2010agreed. although trading a demo is nothing like trading live. once youre live its a different ball game heh
EURUSD
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defariak replied Feb 4, 2010exactly. not to mention the slippage and spread cost jump that will occur on fill orders during the nfp..
EURUSD