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Rag2RichesFX replied Jun 10, 2015Closed 1.1313. Too risky to long just yet -5 pips ($100)
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 10, 2015long target 1.1335 RR 1:1
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 10, 2015This is how you scalp momentum. Very high probability
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 10, 2015+$1000 target hit, then scalped a quick short, and bought dip looks like a daily breakout to 1.1450 is in progress. buy dips
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 10, 2015Sticking with only two trades a day is difficult, because there are so many good opportunities. its just a template. but if the market is really swinging... I will take 5-10 per day
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 10, 2015"Being broke is a temporary condition. Being poor is a state of mind." My trade explorer is having issues. I'll work on it this weekend.
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 10, 201510% a week is completely possible. Especially when you get to the point where you aren't nervous about losing your mortgage/rent money. It becomes even easier at that point (you have multiple years worth set aside) $25k at 10% a week (assuming you ...
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 9, 2015Waiting for the weekly breakout. Feels similar to the 1.1065 breakout which went 400 pips 1.1850
EURUSD
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Rag2RichesFX replied Jun 9, 2015Another day, another dollar.
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 9, 20151.1850/1.2050, if you can stay patient. i know some of you are already at this level. i will be too one day currently a 3-5 lot trader, not 100 don't fight the weekly candle (and monthly)
EURUSD
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Rag2RichesFX replied Jun 9, 2015A close above 1.1266 is fresh bull trend
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 9, 2015Target hit. Could be ready for 1.1305 now.. But I'm satisfied.
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 9, 2015Current high is 1.1248, changing target to 1.1258 (risk 20 pips reward 30 pips) Anyone ever seen volatility like this before? Quite enjoying it.
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 9, 20151.1250 target. RR = 1:1
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 9, 2015Target hit 1.1260. H1 looks like it has strength for 1.1305 or higher Remember, stay with weekly candle for big pips. Eventually going 1.1850/1.2050
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 9, 2015More scalp... Market is moving very fast
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 9, 2015Looks like 1.1273 failed. Bears probably have control now
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year
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Rag2RichesFX replied Jun 9, 2015I'm looking for 1.1445... and eventually 1.1850. But some positions will close intraday of course... Best of both worlds (scalping and swing trading)
Risk 1%, RR 1:2, 50% win rate, 2 trades per day, 1000%+ year