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Rag2RichesFX replied Aug 6, 2012I honestly don't care what you believe. If you want charts I will send them. Or post it as quick as I can
EURUSD
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Rag2RichesFX replied Aug 6, 2012You dont get it. My stops are 2.0, commission is 0.7 ( so total stop is 2.7) my spread is 0.0-0.3 with 0.7 commission Had a feeling that one would go past 86 but when risking 2.7, making 8-9 is fine with me)
EURUSD
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Rag2RichesFX replied Aug 6, 2012I'm just laughing my ass off right now you guys think its nonsense.. Out at 86 for +9
EURUSD
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Rag2RichesFX replied Aug 6, 2012And 8 pips just like that
(manual close at 84 might go lower but thats not the point, it might not)EURUSD
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Rag2RichesFX replied Aug 6, 2012Heres a scalp example: Short 2390 stop 2392 TP 2382 Move stop to BE
EURUSD
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Rag2RichesFX replied Aug 6, 2012Holy hopium.. that 30m candle has me bullish if it closes anywhere near where its at (just means I am going to cover)
EURUSD
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Rag2RichesFX replied Aug 6, 2012pull back from 2378 off of 15m bollinger and supply area then 2400 retest I am thinking or may just shoot right through to expand the bollinger band
EURUSD
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Rag2RichesFX replied Aug 6, 2012Agreed, I only try these when as a bonus. If I lose the loss is very small, if I get it it's another bit of leverage to add on to a major move (then move stop to BE) Such as going short at 2440 or something. Awesome opportunity for it. I use 3-5 pip ...
EURUSD
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Rag2RichesFX replied Aug 6, 2012It means there are buy limit orders/sell take profits placed between 2340 and 2350 so that would help support any technical support we see on our charts. But I won't long this pair except for small scalps

EurAnalysis
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Rag2RichesFX replied Aug 6, 2012This is why I take 0.5% of my capital and trade it with 20x leverage in a separate account (risking only 5% per day on that 0.5%). If I lose it who cares, if it keeps going, its quite nice. Initial risk is the same as primary account. All new risk ...
EURUSD
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Rag2RichesFX replied Aug 6, 2012Retest of 2440 definitely a good possibility, especially if 2330/35 holds imo
EURUSD
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Rag2RichesFX replied Aug 6, 2012I know what you are saying. There comes a point when you just dont want to risk that much. You are satisfied with making 0.10%-0.20% a day even because its still a lot of money (maybe not a large % but a large daily profit, enough to live on and ...
EURUSD
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Rag2RichesFX replied Aug 6, 2012I think we are going to be ranging for a while, maybe another move down to 2342/2330 or daily pivot at 2315 (which is also 38.2 fib of 2745 to 2040) but might not be until NY if we do get it.
EURUSD
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Rag2RichesFX replied Aug 6, 2012No it's not too difficult. 70 pips isn't that hard. A lot of the best traders get at least 150-200 a day ( I do not my goal is only 50-100) Scalping + swing trades its very doable. Then position trades too of course as thats the bread and butter of ...
EURUSD
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Rag2RichesFX replied Aug 6, 20121hr starting to fail but still 30 mins until close. I did take a scalp short at 76 stop at BE now
EurAnalysis
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Rag2RichesFX replied Aug 6, 201230m Morning Star invalid (still chance for a 1hr morning star next close however) This doesn't mean it wont turn bullish though.
EurAnalysis