- Search Metals Mine
- thelws replied Apr 6, 2011
this is commonly known as buying the high and selling the low
or buying into resistance and selling into support
emotions betray a trader. don't trust themEURUSD
- thelws replied Apr 6, 2011
looks like it wants to test the support below. looking to enter long at around 4310
EURUSD
- thelws replied Apr 6, 2011
another way to look at it is this: assuming that i drew my lines correctly, there are obviously many stops placed above my line. which is why when it trigered all those stops, you can see the long shadows. and in this case, it seems i was right. ...
EURUSD
- thelws replied Apr 6, 2011
lol relax, at this price you can either be right or wrong only. if we are this devided on opinion, you can be assured the big guys are just as confused. but my bias is towards the long side coz of tmr's rate hike expectation. hence why im going ...
EURUSD
- thelws replied Apr 6, 2011
hmnn? maybe i drew my lines wrong? says to me 4268 was a level to look at. anyway, can't be too bad. i'll bail if it goes below 4262 + slip.
EURUSD
- thelws replied Apr 5, 2011
wow if 80% win rate with 3% size per trade, you would be a billionaire after 1000 or so trades. I know most scalpers use a fixed lot size as it becomes hard to scalp with variable lot sizes. getting in and out every few minutes makes it hard to ...
EURUSD
- thelws replied Apr 5, 2011
just as a general guide. the same way people use the dow or snp as a sort of leader for stocks
EURUSD
- thelws replied Apr 5, 2011
@guys who use % account: do you scalp with the same position sizing? i can't seem to wrap my head around the concept of scalping with variable lot sizes. or would you just reduce the position even lower (like maybe 0.2%)
EURUSD
- thelws replied Apr 5, 2011
side discussion: how many of you here trade with variable lot sizes based on a % value of your account vs fixed lot sizes
EURUSD
- thelws replied Apr 5, 2011
hmnn looks like its gonna be sideways for a while judging from the forum responses. im planning to short myself coz of r:r but... its hard to stop a moving train lol
EURUSD
- thelws replied Apr 4, 2011
lol u guys aren't the only one. but i'd bail at the first sign of a reversal.
EURUSD
- thelws replied Apr 4, 2011
Above 4246 long. Below 4212 short. In the mean time. Sit back and relax. I am long biased coz daily candles feels like it wanna go up + lots of speculation that ecb rate going up this thursday.
EURUSD
- thelws replied Apr 4, 2011
not quite. im saying that it is too subjective to be programmed. I bet if we were to look at a chart and try to determine elliot waves, yours will differ from mine. hence it is not possible to program because we do not have clear enough rules to ...
EURUSD