- Search Metals Mine
-
Proximus replied May 24, 2014Yeah in a nutshell, i like to call it risk management, because i think the risk is more important than the money that can be maid, its like the saying: The bad trader looks at how much he can win. The good trader looks at how much they can lose. And ...
Do you believe this market is random?
-
Proximus replied May 24, 2014Read my post again you didnt understand it Yeah, except that price always come back, because of my analysis.This method alone would have 0 or worse expectancy if you would just put on trades randomly, but if i choose carefully the pairs, and the ...
Do you believe this market is random?
-
Proximus replied May 24, 2014I`m not disclosing my full strategy, but basically i enter long and short on the same pair or across other pairs, depending on certain criteria. And i dont put SL to any of them instead, so if price goes down, the short is in profit the long is ...
Do you believe this market is random?
-
Proximus replied May 24, 2014Hedge the risk, so that it virtually becomes 0.Buy one currency sell he oposite, easy. Stoploss is the problem, if you hedge correctly you never get margin called.
Do you believe this market is random?
-
Proximus replied May 24, 2014I dont believe and dont care about S/R levels and i dont use SL
So you can see thar RR ratio for me is meaningless, i have a high probability zone of exit which is my reward, and the risk is the difference between the hedge and the open price of ...Do you believe this market is random?
-
Proximus replied May 24, 2014I think this was meant partially for me.I mean no disrespect for anyone here, but explain me how does the 3:1 Reward -Risk matter in any shape or form in trading ? I think there was a thread where we debated the RR, Winrate, expectancy issue and ...
Do you believe this market is random?
-
Proximus replied May 24, 2014I wont do a weekly recap yet, since the week didnt ended, i have still big challanges to overcome next week. Looks like there is a massive shorting of EUR and buying of USD on the market for next week, although i`m still confident of the EUR ...
Hedge like a madman...
-
Proximus replied May 24, 2014Wrong signal, NZD will probably go to 0.85 and only after that will go up, i was wrong.I must short them all to hedge it , including the EUR and GBP

Eitan's Project
-
Proximus replied May 24, 2014Hey eitan buddy, i`m sorry to say but the GBP/USD will go to somewhere 1.672 , or even in the best case scenario atleast 1.6800. That GBP/USD trade could be in best case a -30% drawdown, or worse it could be a margin call if it goes too low.
Now ...Eitan's Project
-
Proximus replied May 24, 2014Haha lol you think MM is the secret ? And what does MM mean exactly: 2% account risk, 2:1 RR and maybe a trailing stop, or moving the SL to breakeven ? Is that the holy grail , wow you just revealed the biggest secret of the forex trading that ...
Do you believe this market is random?
-
Proximus replied May 23, 2014No offense, but that right there is just BS.Big boys couldnt care less about 00 or 50 levels, or fibonacci numbers or MACD signals, they have level 3 access, they see all stoplosses, pending orders and real spread, they put their orders at liquidity ...
Do you believe this market is random?
-
Proximus replied May 23, 2014Yup i also agree that its irrelevant whether or not its random, if you know how to trade it.I personally think that its not random, but if it were i could just as easily make money than now.I have a profitable strategy and i should not care about ...
Do you believe this market is random?
-
Proximus replied May 23, 2014Oh sorry didnt know that
But anyways, i think the USD will weaken next week, so NZD ,EUR, AUD will probably go up.I already put some long trades a few days ago.Eitan's Project
-
Proximus replied May 23, 2014Maybe i exited too early of that yen trade, but i was not sure, however, good news for the other pairs, EUR will rise. But only next week, so we have to wait 2 more days, stupid weekend
Anyways, the australian and the new zealander give ...Hedge like a madman...
-
Proximus replied May 23, 2014Agreed, but not in all cases, you can see many cases where TP orders are set, yet the price moves through it, so if the TP is the sell side of the buy, if a big boy buys, he gets extra liquidity from those sell orders of other guys, and can pump the ...
Do you believe this market is random?
-
Proximus replied May 23, 2014You have a point there, but atleast it would be a start, it tells you atleast to not buy when the price is too steep.Now that doesnt mean you should sell, because the price can still move 300-400 pips up, but if you buy, you have also the risk of ...
Do you believe this market is random?
-
Proximus replied May 23, 2014I disagree, if the trend gets too steep the bubble will pop out, if a trend starts at 45 degree, after it gets very close to 90 degree it will pop out and collapse. Its not that hard to foresee even with the naked eye, dont need to watch bloomberg ...
Do you believe this market is random?
-
Proximus replied May 23, 2014Well besides the mortgage stuff, what i think happened in the EUR/USD in the crisis was very simple the 2001-2006 bubble popped out.Just simple as that, dealers dealed too much EUR/USD and they were in the sell side, sicne the herd got too wild and ...
Do you believe this market is random?