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    • fayz0r replied Mar 22, 2009

      when you state your stoploss is 4 including the spread, so basically your stoploss is 2 pips.. so if the euro made 2 ticks against you, you are out.. that's too tight for the euro nowdays!

      EURUSD
    • fayz0r replied Mar 22, 2009

      imho, I can't imagine a profitable system which sets the stoploss always a pre-defined number of pips, as 'whenever I'm in, my stoploss is 4 pips' your stoploss should vary with the market variation ( not changed once spot ), rather it is the last ...

      EURUSD
    • fayz0r replied Mar 22, 2009

      Well let's see, you are trading 100 times a day with a stop-loss of 4 pips including the spread so that's a 2 pips stop loss.. let's assume your risk/reward ratio is 1 to 1 in such system, so that makes your tp at 2 pips! now from these 100 trades ...

      EURUSD
    • fayz0r replied Mar 15, 2009

      Eur/Usd — we'll go from daily to five minutes. Daily chart for the euro shows bullish potential with consectutive higher highs and higher lows, thus facing a lot of resistance due to the last ranging PA. a longterm trade is not affordable here ...

      EURUSD
    • fayz0r replied Mar 12, 2009

      The pair is between R1 and Pivot, a slight drop to retest the last broken trendline, I won't touch the pair as long as it's playing between R1 and the Pivot, longs are preferred at Pivot touch or R1 breakout.

      EURUSD