Which has been the case since 2 months ago. Which is why I hope something happens soon.

EURUSD

Taleb Nassim would say: When you do not take precautions against the black swan. Believing that you are invicible and gifted. When your success could merely be attributed to lady fortuna.

You know you're over confident as a trader when.....

I have to agree on this one. A lot of news are noise. If a particular news moves a pair by a few hundred pips then it is big news. If it only does about 100 pips then it is at best noise. For a technical trader, news doesn't mean anything. All the ...

EURUSD

Trailing stops should be roughly about 2 times atr. Anything less than that and you can be stopped out because of noise. For eurusd it is usually about 40 pips

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sigh... why you hammer on me T_T wrryyy!!!!!

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40 more pips down and we will test the lowest low for these past 2 months!!! Oh finally something is about to happen. If it rebounds and goes up I'm going to be crazy. Make up your mind already grrrrr

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I hope that is demo. Even if it is, you are overleveraged. 4 lots 3000$ If you argue that you are scalping then I might let it pass. But I probably would still say you are overleveraged. But upon looking at your SL and TP, you definately are not ...

EURUSD

Lol you entered 3 pips earlier than me. You must be watching 15 min tf

EURUSD

The best plans are mechanical. Something that doesn't leave decisions to the whims of the trader. I think you need to come up with one. Just come up with a simple plan and test it bar by bar over the weekend. You will soon find out if your plan is ...

EURUSD

Honestly, I want the retrace to happen faster. I'd be more happy if it moved high enough by the end of this hour so that the trend can resume itself. Unfortunately for it to go further down, it has to go up first. I haven't really seen it go up yet ...

EURUSD

wrong thread? cable is <---

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Lol i reread my post and it made no sense haha. I meant to say that I have my stop slightly above 400. If it does go that far above 400 then it is time for me to go. Now that sounds better

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Its somewhere near there. But I'd give some allowance for variance. I have my stops set to 1.3410

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It probably will. However it shouldn't go very far above 400. Right now the consolidation have been trading just under 400. It is very possible that prices will retest the 400 mark. If it does, it is time for me to get out lol

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lol, how did you know he didn't? He could be one of the soros type. Giving random advice and then going against his own advice with no shame. It doesn't matter as long as you are making money

EURUSD

same thoughts exactly. However I would probably take the ride if I can see something forming. I could always be wrong. But thats ok as well What really irritates me is that the market has been sideways for the past 2 months and it still is until ...

EURUSD

It really depends on the tf you are using. I would trade a divergence bull or bear irregardless of trend if I see one on daily charts. THe smaller the tf, the less I am concerned about it. Statistically I can argue is that it has turned out true ...

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thats a bull divergence we have there. But then again, you are on 15 mins tf. I'd be more worried if it wer a 1h tf. The lesser the tf used, the less concerned I am about the move.

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Don't trade with feelings attached man. Don't revenge trade. Doubling like this is a sign of wavering discipline.

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news are very noisy lately... I would like to just throw them in the bin... zz Let me watch the raw decision of the masses reflected on the price chartssss

EURUSD