10.4/10.5 trades only

[pips400]

Not liking much at the moment. Be careful on XXXJPY shorts, price action really not good, and will be hitting support quickly, so move SL to BE quickly.

[kwanann]

Not liking much at the moment. Be careful on XXXJPY shorts, price action really not good, and will be hitting support quickly, so move SL to BE quickly.

Accumulation phase

[tibochina]

I certainly agree kwanann. I've never seen the pairs grouped quite so closely together. A lot of pairs riding the WP seeking direction. I'll continue to "sit on my hands" for now......

[Ingot54]

I certainly agree kwanann. I've never seen the pairs grouped quite so closely together. A lot of pairs riding the WP seeking direction. I'll continue to "sit on my hands" for now......

Sit ... but do not sleep.

Snoozers are losers!

While we think nothing is happening - it's all happening.
The Forex markets are fluid and N-E-V-E-R still.

Quiet ... yes
Still ... no

Evidence attached

[nicoacademia]

short on AudJpy (its below 240line not shown in screen)

130618 aj.png

[Ingot54]

The GBPJPY is an accurate (99% positively correlated) proxy for the xxxJPY Index above

Evidence attached

[nicoacademia]

short on AudJpy (its below 240line not shown in screen)

130618 aj.png

right now.
short AUDJPY(already in profit targetting WMS1 first)
short EURJPY(still early days)
short EURCHF(still early days)

[kwanann]

I agree Kwanann.

I've actually been using 10%. I just want something that will guarantee I don't go beyond. Up till now I've had to continually watch iProfitTracker!!!

Thank you.

Hmm i can think of a million ways where that 10% DD will go wrong, but agreed, a hard limit is always a good thing

Personally i trade in such a way that i will never hit 10% DD if i'm afk

If i know i will hit 10% DD due to larger than normal lot sizes, then i make sure i'm in front of the PC to do corrective actions if needed

[kwanann]

right now.
short AUDJPY(already in profit targetting WMS1 first)
short EURJPY(still early days)
short EURCHF(still early days)

Good job on the AUDJPY, saw the EA take the same trade, also entered a trade at DMS1, can't figure why though since RSI was not pinned

[kwanann]

Was reading the papers.. There is supposed to be a fed announcement soon? Could explain the market indecision