One of my instructors (professional trader) revealed a few days ago in our live trading class that he was trading with 4 lots currently. In Forex, that would equate to 40 USD per pip. What led to the topic was a discussion about account size. He was ...

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Yeah, I did notice that 1.3156 is the first level of resistance. I might take early profit at that level if the price can't break that level.

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1. My typical loss amount ranges from a few pips to 15 pips usually. 2. Hard to say. My account size is growing, so I guess I am doing okay currently.

i want only 1 pip everyday

Long: 1.3132 SL: 1.3102 (Manual) PT: 1.3177

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Could be a classic false break again.

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Exited my short positions at 1.3149 with a few pips loss. Will watch PA for a while now before reengaging. ~sigh~

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The market seems like to be in a rampage stop out mood today.

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Anyone in short now? Seems like it's gonna dive into the deep ocean.

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I see that you are fast to react to market sentiments. hehe...

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True. I am waiting for some confirmation before considering a short.

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I wonder if the price will break 1.3113. Looks really uncertain now.

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Where is your stop loss on that trade?

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If you didn't entered at 1.3149 or a better price, you have missed the move. I am not in as well. It is not wise to engage a trade currently, the bear has already been on the play since 3 pm EST.

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Omg, the classic head and shoulder pattern.

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See that it's reacting to a trend line. Took profit at 1.3164 =/

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Move looks very strong, hopefully it will break 1.3200

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Long: 1.3141 Profit Target: 1.3182

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I highly suggest you read 'Trading in the Zone'. It will lay the foundation for fearless, confident trading.

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