I have a colleague who aims for one cent movement in equity trading. His account size is 20K+. He earns only 50 dollars per trade by taking one cent profit. And he does so with consistency. From a rational perpective, the level of risk has been ...

i want only 1 pip everyday

I could bet with you that most of us here were not able to engage in that long. If you think all the professional traders (real) who is trading now got into this trade, you will be in for a surprise. Yeah, don't jump into trade, wait for a pullback ...

EURUSD

Waiting for price to reach 1.3180s and then monitor its movement at that level for a while. If the price doesn't break 1.3200, there might be a good shorting opportunity.

EURUSD

Bulls looking really strong and it looks like a true breakout from a technical standpoint. I am staying out of this for a while. Waiting for - pullback to 1.3130s new support level for a possible long - or consolidation and then analyze the ...

EURUSD

Something like Elliott Wave?

14 Year Old Forex Trader's Lessons

What is your style of trading?

14 Year Old Forex Trader's Lessons

Short Entry 1.3131 Exited trade at 1.3105 with a smaller profit than planned. Looks like the price might go either way with the current wedge shape formation.

EURUSD

Possible. But the entry met my setup requirement, so I took the trade. It's in a small green now, but I am inclined to let it run a bit.

EURUSD

Shorted: 1.3131 SL: 30 pips (+ Manual) Profit Target: 1.3075

EURUSD

I don't see a good area near the current price level to engage a trade. Looks like it may continue to push downwards. Ideally, I will try to get into a short position at a technical level on a pullback. Resistance level #1: 1.2966 Resistance level ...

EURUSD

I am anticipating a break to the downside. If it breaks, it could be pretty big move as the next significant trend line is at 1.2729. I took a short position at 1.2802. SL: 1.2822 PT: 1.2677 But I could be wrong.

EURUSD

Took profit at 1.2783. I am going to wait for another pull back to 1.2800s level.

EURUSD

Me too. The price should be able to pull back about at least 20 pips.

EURUSD

image I am waiting for a possible test of the top of the next fresh trend line at 1.2800.

EURUSD

Are you still in a Euro position?

EURUSD

Congrats to you! =D [Entries and Profit Taking] If you are good with your entries, the minimum profit target you can go for is 10 pips (for scalpers), but ideally take your profits at technical level. [Let your profits run as much as possible] ...

EURUSD