bolded wrong IMO - if they are properly positioned they wouldn't have their stops hit.

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My concept of a TP limit order should mean there is never negative slippage on TP (that said one of my brokers does have some). Obviously there can be negative slippage on stop orders. Think of it this way - no matter how instant it is doesn't ...

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what was your TP? Guessing it was higher than 7692 and price moving quickly resulted in positive slippage. Should happen occasionally with any honest broker.

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Most other threads are not books but more news so too many are only used to looking to the most recent.

Pivot Trading

When you are short on time, save yourself the time and don't read the other thread. Family & trading first, then this thread. Forget the hate.

Pivot Trading

personally I would never sell a call or put as risk is too great. I would have thought you'd have more options for the exercise price but that may not be great choices. At least you have given it some thought which was all I was trying to ensure ...

AUD/USD

Might be a better idea to use actual options rather than FX for what you are talking about. Obviously depends on your timeframe but to my thinking buys at current price are roughly 50/50 and likelihood of 85-90 price range you mention in your other ...

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re bolded - the unemployment figures are based on surveys, not actual unemployment claims though. http://www.ausstats.abs.gov.au/ausstats/meisubs.nsf/0/F69C835E876B088ECA2581BD000FCEB3/$File/62020_sep_2017.pdf see heading 'sampling error'. Your ...

AUD/USD

I suspect the 29/9 (my time zone) high of 1.1832 will be more significant resistance than last week’s high. (See daily or 4 hr chart).

EURUSD only

This is not true - depending on your broker's integrity of course. If market price skips your TP or stop due to weekend gap or news then you can end up better or worse off. I quite often have a trade closed at a fraction of a pip better price and in ...

EURUSD

Wish you all the best whether you are posting here or not. I'm sure you will be smart about increasing lots sizes given trading appropriately is a key plank in your system.

Pivot Trading

I don't think you can quantify it based on factors I mentioned previously. My best answer was already given at end of previous post "In short I don't think there is a simple answer (other than shorter time frame gives better validity than longer to ...

AUD/USD

can have it's uses in short term but still need to be mindful of other influencing factors and direction of the trend. eg 1 - if another data release an hour later than it could enhance or mute the effect of the first eg 2 - 0.7% variance in ...

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this data won't impact for 9 days. That timeframe is indicative of other things in play and other factors need to be considered to work out where AU going next.

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By strict definition you are probably correct about the gambling. I tend however to think of a casino where odds are against us so the question we then need to ask ourselves is does our system give us an edge? Do you know your win %? (also keep in ...

EURUSD

I think you might be missing a couple of possibilities: 1. achieves weekly ATR by combination of some above 1.1787 and some below 1.1695 - could be 40 above, 57 below or any two values 2. weekly ATR is not achieved ie this week is below average to ...

EURUSD

Glad you lived to fight another day and that you acknowledge the luck and lessons learned. Would you care to share what lessons you learned? I only have a partial view but from where I'm sitting you aren't trading but gambling. My guess would be you ...

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I knew about car industry job losses (those at Toyota mentioned in article are tip of iceberg given all the parts suppliers) but was not aware of the export value "$1 billion - the value of export orders for Australian made Toyota cars and parts ...

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Why would you reenter at the same level you've just been stopped out at? Unless it's something to do with price action since then you are just costing yourself spread or possibly chasing losses and IMO it's too soon for price action to have ...

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either you've got a typo or you are targeting a loss?

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