its a double edged sword. small losses means you could be stopped out and watch your trade go onto a profit so one needs to calculate the missed profit into the small stop loss wide stop obviously means larger losses, but typically much higher win % ...

EURUSD

i dont think it will happen by year end 2016, but by year end 2017 its possible. 2 years to move 1500 pips is extremely realistic

EURUSD

thank you

EURUSD

if you mess with this guy...

EURUSD

4236

EURUSD

very low liquidity candle = high probability of being faded image

EURUSD

bailed on the EU longs @ 0915 and went long AUDJPY, took the profit way too early (but that's better than way too late) now shorting USDCAD waiting for EU to setup long again on daily TF (might be a while)

EURUSD

we'll see what happens when PA gets near the yearly open

EURUSD

its called technical correction. the consensus is that EU could be bearish this year but it's going to be choppy. and other big traders calling for long. but im just giving you reasons that maybe you could understand. my own reasons have to do with ...

EURUSD

might have to bail on the EU long.. PA > everything still think it will go to 1050 and higher but first seems it needs to correct

EURUSD

do you draw ADR high yourself or does an indicator do that for you (like pivot indicator?) if you can link it that would be appreciated, thanks

EURUSD

This is the biggest trade I've ever put on (volume wise) My TP is 1038 with buy stop at 1065 for 1255 Ideally it will reject off of 1050 area so I can buy the dip again full size with a tight S/L and then go to 1255 Instead of half size buy stop ...

EURUSD

AUDJPY is a mover.. man. Probably the most active pair right now. It could go to 75.00 this month or next month. EU longs attacked the mofu again near 0974... above that opens up 1086 and 1115 and 1255

EURUSD

Averaging (or scaling in) is okay if done correctly. Averaging with no stop loss obviously is a recipe for disaster.

EURUSD

Yup I would move out of country instantly or just open an offshore corporation so I can trade with an offshore broker. It's only about $1000 to open an offshore corp to trade with offshore broker. Casinos are more profitable than financial brokers ...

Will forex ever end for retail traders like us

That's true, 500:1 is more like 400:1... and 50:1 is more like 40:1

Will forex ever end for retail traders like us

yuan devaluation is driving home prices through the roof (no pun intended) in my area of the country home prices and bitcoin, of course we are 10% above 2007 highs where i live. in the google, facebook headquarters area of the country (somewhere in ...

EURUSD

i only trade TRY, CNH and RUB for EM currencies yuan devaluation reminds me of the RUB... but RUB was much worse and much faster. china seems to be having a much slower devaluation, a little over 10% in 2 years? that's nothing compared to what ...

EURUSD

Yes I have to give him credit for making $1.2 million profit in about 2 years... especially when his fund was small for most of 2014. I just hope he can take a loss when the time comes. In August EU went to 1.17 and he had a 30% drawdown. If it went ...

EURUSD

The only reason a broker should EVER offer 500:1 is if they have proof of existing funds in other bank accounts which are in contract for these funds to be used for the sole purpose of paying the broker back should they ever receive a negative ...

Will forex ever end for retail traders like us